Sat Mar 18, 2017 7:20 pm
Yes you can discuss the bitcoin price here but this discussion would belong in the speculation sub forum, i will move the topic for you.
The bitcoin price can be very volatile at times and can be up and down like a yoyo, i actually seen it below $1000 yesterday.
In the last couple of months the price has been hovering around the $1000 -$1200 range. If you look back at the charts on a site like bitcoinwisdom.com you will see that last time we were at this high back in 2013 the price fell to about $200 or less at its lowest point.
Why is anyone's guess and is probably a multitude of factors, government regulations being discussed/passed, EFT failing to get off the ground, confusion around the blocksize issue ect.