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Topic: Bitcoin pricing - page 3. (Read 1009 times)

newbie
Activity: 42
Merit: 0
November 06, 2017, 12:07:22 PM
#3
Why the price of bitcoin is changing quite fast....Why so?
Cryptocurrencies are the only thing that's traded 24/7 worldwide which make the price changes so fast.....whether up down or sideways.
sr. member
Activity: 700
Merit: 300
November 06, 2017, 11:58:00 AM
#2
The one reason that I know for sure is two hard forks coming on the way.

So what about them ? Well, hard fork is great opportunity for the investors to earn those extra free coins generated as result of hard forks. You call it free because you get it credited for the amount of equivalent to your bitcoin holdings at the time of hard fork.

This way forks are actually driving huge investment into bitcoin, because don’t forget people want more free coins hence more investment, plus there is no extra charge and whatever you invest into bitcoin can be withdrawn.

The net result is increased market value for bitcoin due to heavy demand of it and the limited supply really. That’s the one reason for sure.
member
Activity: 336
Merit: 10
November 06, 2017, 11:52:18 AM
#1
Why the price of bitcoin is changing quite fast....Why so?
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