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Topic: Bitcoin rises very fast! - page 6. (Read 995 times)

legendary
Activity: 2618
Merit: 1105
May 10, 2019, 08:38:45 AM
#27
The first thing when it all started - speculation.
Then came trust - a very strong bond between the users of Bitcoins and the technology during the few years period.
Then finally comes the money that everyone has put based on the combination of speculation, trust and a lot of adoption going on.
sr. member
Activity: 756
Merit: 250
May 10, 2019, 08:11:16 AM
#26
This is the time that many investors are waiting for, where the price of bitcoin has increased considerably. I'm sure bitcoin can touch at $ 9,000.
sr. member
Activity: 520
Merit: 250
KUWA.ai
May 10, 2019, 08:05:15 AM
#25
In my opinion, the current increase in bitcoin prices is indeed time, bitcoin has long been bearish and I think at this time bitcoin will grow even bigger to prepare for bitcoin halving next year.
hero member
Activity: 924
Merit: 502
May 10, 2019, 08:10:45 AM
#25
Probably due to Fidelity allowing their customers to trade crypto which will help more institutional investors join this ever growing market. The good thing is that negative news like the Binance hack and Tether controversy did not faze it too much and it continues growing organically.
Negative news cannot pull down the price because of huge potential of bitcoin to rise further. More traders now were looking forward to see great price become more possible to happen randomly. More investors will be much interested to hold bitcoin rather than letting it go at glance, that's why we seem to see fast rising price nowadays.
jr. member
Activity: 43
Merit: 2
May 10, 2019, 07:58:24 AM
#24
According to your analysis, what causes the price of bitcoin to continue to rise for now? Then what will you do, when you look at market conditions that continue to improve and also the price growth that sharply increases. Share your opinion here and let's discuss it. Thank you so much..


I think we are seeing more financial institutions exposing institutional investors to Crypto currency investments now. This is pushing more and more professional traders into Bitcoin and higher amounts of money are invested into Bitcoin now.

I am just going to hoard my coins until we pass the previous all time high again and then I am going to take a little bit of profit again and rinse and repeat that strategy until I can retire filthy rich.  Wink

It never happens the same way twice. Something will have to be a catalyst for the bullrun. ICO's were the cause of 2017. bullrun.
The next once could be caused by something else.
legendary
Activity: 3542
Merit: 1965
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May 10, 2019, 07:49:23 AM
#23
According to your analysis, what causes the price of bitcoin to continue to rise for now? Then what will you do, when you look at market conditions that continue to improve and also the price growth that sharply increases. Share your opinion here and let's discuss it. Thank you so much..


I think we are seeing more financial institutions exposing institutional investors to Crypto currency investments now. This is pushing more and more professional traders into Bitcoin and higher amounts of money are invested into Bitcoin now.

I am just going to hoard my coins until we pass the previous all time high again and then I am going to take a little bit of profit again and rinse and repeat that strategy until I can retire filthy rich.  Wink
member
Activity: 266
Merit: 18
May 10, 2019, 07:44:19 AM
#22
There is no official information that can explain the price of bitcoin which has been continuously increasing in the past few days. I still stand outside and continue to watch bitcoin's moves in the next few days, I don't rush to participate at the moment. everything with me is still unclear to conclude that we have a bull market.
jr. member
Activity: 43
Merit: 2
May 10, 2019, 07:42:35 AM
#21
Bitcoin bottomed in December 2018. Price then was $3100. 4 months later, it's double that.

You can expect moon soon.
jr. member
Activity: 462
Merit: 2
May 10, 2019, 07:42:29 AM
#20
Yes, in recent days bitcoin has increased.
I hope that this year Bitcoin can continue to rise to the level of $ 15,000, at least, since entering this year there has been an increase in bitcoin, I think there are now many investors who are looking at crypto now.
legendary
Activity: 3248
Merit: 1402
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May 10, 2019, 07:35:11 AM
#19
According to your analysis, what causes the price of bitcoin to continue to rise for now? Then what will you do, when you look at market conditions that continue to improve and also the price growth that sharply increases. Share your opinion here and let's discuss it. Thank you so much..
I am very glad to see Bitcoin successfully overcoming the $6k barrier. It seems clear that since the beginning of April the market is experiencing some serious positive movement, marking the end of the bearish market. However, let's not forget how it's been stuck between 6 and 7 thousand for months before. It's early to say how much time it will take to move forward from this diapason. I think we should patiently let Bitcoin take its time on this one. Fast bullish movement is not a good thing.
sr. member
Activity: 1596
Merit: 335
May 10, 2019, 07:31:40 AM
#18
I think it's because of the high demand these days.
Investors see a good future out of the increase so they're buying to accumulate more believing that the market would rise higher. Sometimes, our belief changes the market situation. The price increase is also increasing the hopes of investors that the bull run is approaching.
full member
Activity: 616
Merit: 100
May 10, 2019, 07:30:20 AM
#17
I am happy to see this good news, the market is getting better for bitcoin. I sell some of my assets, because I am sure that one day prices will fall again. To anticipate I leave money to buy some bitcoin.
sr. member
Activity: 1008
Merit: 355
May 10, 2019, 07:24:50 AM
#16
According to your analysis, what causes the price of bitcoin to continue to rise for now? Then what will you do, when you look at market conditions that continue to improve and also the price growth that sharply increases. Share your opinion here and let's discuss it. Thank you so much..

In my own simple opinion, the reason Bitcoin is continually rising is because the market is expecting it to rise. This is becoming like a self-fulfilling prophecy. The market is now very positive about Bitcoin and this is shown by its rise...the demand is getting bigger for now so this is the energy that pushes it to go up. I am not seeing good developments on the horizon that can be catalyst for this movement and in fact we have the Binance hack lately but it did not deter Bitcoin from going green. Now, the next can be: Will there be some corrections soon?
legendary
Activity: 2030
Merit: 1573
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May 10, 2019, 07:24:35 AM
#15
According to your analysis, what causes the price of bitcoin to continue to rise for now? Then what will you do, when you look at market conditions that continue to improve and also the price growth that sharply increases. Share your opinion here and let's discuss it. Thank you so much..

Its starting to smell like bull run to me, but i guess this enters the realm of speculation. I hope it stops climbing so we can enjoy the higher prices longer, just saying.
legendary
Activity: 3080
Merit: 1353
May 10, 2019, 07:19:04 AM
#14
Probably due to Fidelity allowing their customers to trade crypto which will help more institutional investors join this ever growing market. The good thing is that negative news like the Binance hack and Tether controversy did not faze it too much and it continues growing organically.

Yes, this could be one reason why the sudden pump we witnessed in the last 24 hours. So everyone jump on the bandwagon again, specially those who have left long time ago when the price goes down. And then there are smart investors who constantly shift their funds around. As you would noticed the dominance of Bitcoin has jumped as well. I guess when we are in the bullish sentiments no one can stop this hype train, not even news of a hack of one of the top exchanges right now.
legendary
Activity: 1526
Merit: 1001
May 10, 2019, 07:13:19 AM
#13
According to your analysis, what causes the price of bitcoin to continue to rise for now? Then what will you do, when you look at market conditions that continue to improve and also the price growth that sharply increases. Share your opinion here and let's discuss it. Thank you so much..
I was surprised when I saw the change in the price of Bitcoin. Prices are changing rapidly in the past few days. Now I'm thinking of investing more in Bitcoin. I am sure that there will be an increase again so that it can make me reach a large profit margin. Support from users to increasingly use Bitcoin is the reason, Bitcoin is now increasingly valuable and is increasingly in demand by more people.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
May 10, 2019, 06:35:16 AM
#12
It's obviously more investors present on the market and demand is bigger but I would be very careful with fast price rise. This can often turn the other way around. Although now the price is not so sudden and not even continuous, some smaller corrections are happening all the time. Anyway, I prefere more steady, slower rise than instant pump.
hero member
Activity: 2814
Merit: 553
May 10, 2019, 06:19:55 AM
#11
Basically, Bitcoin's price depends on the purchasing situation of the people who invested in cryptocurrency.
But before the purchasing takes place, there must be a good news that encourages huge investors to put back their money in Bitcoin, plus the people FOMOing during the price starts to climb consistently.
full member
Activity: 924
Merit: 148
May 10, 2019, 06:12:02 AM
#10
It doesn't seem like there is some clear analysis of current situation but IMHO everything bad that could happen with crypto market already happened during the past year and at the same time crypto envioronment became better and all crypto related services either closed or increased the quality of their service. So current picture only shows us that it is time to see some green market now.
sr. member
Activity: 1484
Merit: 276
May 10, 2019, 05:39:44 AM
#9
Bitcoin rising at this rate is still slower compared to what happen last bull run,what will i do? just sit back and relax take some coffee watch some movies be back on bitcoin and convert all my holdings easy as that.Bitcoin is now going strong and i feel the bull run already im hoping it will come soon
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