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Topic: Bitcoin Price - page 2. (Read 1116 times)

full member
Activity: 239
Merit: 100
CAT.EX Exchange
November 07, 2018, 04:53:05 AM
#75
It is the supply and demand. Bitcoin won't hit even $1 if there's no demand for it before but as time passes, price is increasing and thanks to the people who are adopting it and embracing it as investment, currency or medium of exchange.

That made the demand higher so the price reacts accordingly. There's the market capitalization and divide it on how many supply in the circulation now and that calculates the price of bitcoin.


supplies and demand that make the price of bitcoin soar, it takes time until now bitcoin has entered in a decade. great, no, without physicality but can be a valuable asset. I think you should look for other references so you can understand and understand the history of bitcoin.
full member
Activity: 476
Merit: 100
November 07, 2018, 04:48:56 AM
#74
Bitcoin 10 yrs ago was mere concept but when the whitepaper came out with the principle behind the bitcoin and that is when bitcoin got its own value from $1 to its present price. The forces of demand and supply is responsible for  price in the market. Bitcoin had its best year as 2017 where a new high of $20,000. Though the price is at presently at $6500 and we are expecting it to begin to trend.
newbie
Activity: 3
Merit: 0
November 07, 2018, 04:48:21 AM
#73
Bitcoin started out as a small project and a small network. What is really hard to understand is how these "Coins" was even worth 1$? How can something have a value when it is not real? How has the price hit 6500$ i mean who decides the price of these coins?

BTC shall be 10000$ at the end of 2018 same NADAG.
full member
Activity: 952
Merit: 107
November 07, 2018, 04:47:03 AM
#72
Right now, bitcoin prices are rising very slowly but hopefully the BTC can increase more. I have been waiting for this opportunity for a long time, expect the price of btc in the market will not stop the increase or discount again but I'm living to the present and I still wait.  Wink
I agree. We have to wait till it recovers on the market. Price has been fall but this is an opportunity to buy more volume and do not sell for not contributing on so much fall. I believe that it is still to worth to wait even much longer. Bitcoin price increases slowly but price will come back soon even long time.
member
Activity: 348
Merit: 10
November 07, 2018, 04:39:35 AM
#71
Right now, bitcoin prices are rising very slowly but hopefully the BTC can increase more. I have been waiting for this opportunity for a long time, expect the price of btc in the market will not stop the increase or discount again but I'm living to the present and I still wait.  Wink
member
Activity: 518
Merit: 21
November 07, 2018, 04:22:46 AM
#70
Bitcoin market price still in the 6.5K USD and never gone to 7K USD. I was expecting that bitcoin will going to higher than anything else on other crypto like BCH & XRP that were now pumping its market price. Well, still patience is the key because there is no way that bitcoin will going to soar high when it is the most dominant and the king of all crypto in the market.
newbie
Activity: 29
Merit: 0
November 07, 2018, 04:15:31 AM
#69
Guys,
Imagine this situation. Let's say Person A puts a sell order at 6500$ and Person B Pays 6500$ and buys the bitcoin so the value of that bitcoin now is 6500$ but why would everyone else in the world accept the value of the coin to be 6500$? Not able to understand this!


Hmmm same as we all accept that our life depends on paper with numbers
You do have choices to not depending your life on it but that is your decision so actually you shouldn't complain about it.
newbie
Activity: 57
Merit: 0
November 07, 2018, 04:14:21 AM
#68
Guys,
Imagine this situation. Let's say Person A puts a sell order at 6500$ and Person B Pays 6500$ and buys the bitcoin so the value of that bitcoin now is 6500$ but why would everyone else in the world accept the value of the coin to be 6500$? Not able to understand this!


Hmmm same as we all accept that our life depends on paper with numbers
full member
Activity: 1004
Merit: 111
November 07, 2018, 04:01:34 AM
#67
https://www.forbes.com/sites/panosmourdoukoutas/2018/11/04/bitcoin-price-by-christmas-a-bullish-a-bearish-and-a-moderate-forecast/?fbclid=IwAR0qT-xhm68wnxHSnG_4gt6SegAe0vXADe-sL5BnPQgR4OLry3F6tGnqRTo#4f9ddca15c56


Quote
Patrick E. Palacios, CEO of LoyalCoin, sees a moderate increase of the price of Bitcoin in the range of $7,000-7500. 
“I do believe we will see a rise in bitcoin in the next few weeks and bitcoin will increase slightly to around 7k and 7.5K,” says Palacios.
[/i]

Better read the whole story on the link above.
It is prediction of many known people here in cryptocurrency.
full member
Activity: 602
Merit: 107
November 07, 2018, 03:48:32 AM
#66
Bitcoin started out as a small project and a small network. What is really hard to understand is how these "Coins" was even worth 1$? How can something have a value when it is not real? How has the price hit 6500$ i mean who decides the price of these coins?

A lot of people used Bitcoin in the black market which for sure helped pump the Bitcoin price up.
full member
Activity: 470
Merit: 102
November 07, 2018, 03:39:57 AM
#65
maybe this is because of the influence of technology and the total supply of bitcoin which makes the price of bitcoin very expensive, when bitcoin technology is often used, the price of bitcoin can be very expensive because there will be many who are looking for bitcoin while bitcoin supply is very limited.
jr. member
Activity: 475
Merit: 1
Tackling Climate Change Using Blockchain
November 07, 2018, 03:35:07 AM
#64
it is simple, demand and supply determines the value of any commodity in the market. After the introduction of bitcoin, people saw the prospect it had and graudally the demand for it steadily increased causing the price and value to increase and thus grew to $1 and even $20, 000 in 2017.
member
Activity: 336
Merit: 10
November 07, 2018, 03:19:25 AM
#63
Bitcoin prices are made because of trading in the exchange market between Bitcoin and USD or other currencies, so prices will continue to increase or decrease. Bitcoin prices are currently experiencing stable prices for quite a long time from the last 5 months at a price of $ 6400. And now towards the end of the year, I hope bitcoin will increase for next year.
newbie
Activity: 84
Merit: 0
November 07, 2018, 02:27:50 AM
#62
Bitcoin price always up & down.Bitcoin price coin market cap best price.Bitcoin is the best coin for wolrd wide.Most people used this coin.Day by day this coin user increase. I think so Next two year this price high up for market cap.Bitcoin uses real life.Many people bitcoin use life changed. Bitcoin earn our future bright because Future bitcoin price high for market cap.Day by day this user Increase for world wide.So I there for bitcoin price the best price for coin market cap.
full member
Activity: 448
Merit: 103
November 07, 2018, 01:59:20 AM
#61
All of that depends on the request, so the request is able to influence the price of bitcoin high. We need to learn that the moving market is starting to improve and this is a development that deserves to be followed. Bitcoin prices can increase even if only for a moment, this has given the holders the advantage.
The price is depending on the demand of coins in the market, i think in the past months there are many investors are pulling out their bitcoin investment and put it into other coins because they feel that they can make much profit by holding altcoins.
member
Activity: 574
Merit: 12
November 07, 2018, 01:57:56 AM
#60
bitcoin was introduced to the world and people saw the uniqueness and prospect it had so the world accepted it as a means of transaction. just like every commodity in the market, demand and supply determines how much the price goes up or down. The huge demand for bitcoin was what made the price rise to $1 and up to $20, 000 in 2017.
jr. member
Activity: 336
Merit: 1
https://saturn.black
November 07, 2018, 01:54:57 AM
#59
All of that depends on the request, so the request is able to influence the price of bitcoin high. We need to learn that the moving market is starting to improve and this is a development that deserves to be followed. Bitcoin prices can increase even if only for a moment, this has given the holders the advantage.
full member
Activity: 476
Merit: 100
November 07, 2018, 01:40:40 AM
#58
This bitcoin price can be very expensive and can be very cheap depending on the demand and depends on the total supply, when bitcoin has good news, the price of bitcoin can be very expensive but when there is bad news the price of bitcoin can fall very deep.
jr. member
Activity: 140
Merit: 1
November 07, 2018, 01:40:27 AM
#57
The start of every big thing goes through the mills and bitcoin is of no exception since it inception and has gone through a lot untill it hit its peak price in 2017 and am very sure that btc is never controlled by an individual and per its demand and supply ideally determined its price and not just manipulated by ab individual.
full member
Activity: 441
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
November 07, 2018, 12:16:20 AM
#56
bitcoin is a online currency & its peer to peer system. bitcoin popularity growing day by day,that's why its price also growing.I think after end of the year bitcoin price going to be very high.

After what year? 2018? I dont think so, to be honest. Last year the hype was over the sky, mining become so popular that reached out to every person with a little knowledge of browsing the internet. My opinion, btc price will remain as this for little longer.
the price of the Bitcoin continues to increase along with the development of the Bitcoin progress. This will increasingly affect the price of the Bitcoin if also intensified development of the Bitcoin. coupled with the growing number of enthusiasts who support its development are increasingly making the price toward expensive.
bitcoin is more than what you explain, bitcoin is able to survive every FUD, survive at any time, and be able to create a bullish market again after bitcoin fell in 2013 and 2014.

so, don't worry about the bearish market, because bitcoin will create perfection again.
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