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Old 04-09-2013, 09:11 PM  
CAHEK
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Join Date: Aug 2003
Location: Novorossiya
Posts: 6,749
As bitcoin receives attention, demand for it goes up, which pushes the value higher, drawing still more attention, which should lead people who already own bitcoins to expect the price to rise even further, causing them to hold onto those bitcoins, reducing the available supply, sending the price up, and so on.
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