Topic: bitcoin value rising - page 2. (Read 263 times)
The decision made by the South Koreans regarding not banning bitcoins is one of the reasons why the value is going to rise very soon. I suggest people start buying at this very moment because the value will be going through the roof very soon.
Is simple. Bitcoin like any other currency depends on the theory of supply and demand. If more bitcoin is bought than sold, the price will increase. It's a good example of the holiday season. It sold a lot of holidays, the price has fallen. Who influences the growth or decrease in large proportions? The so-called "whales." Real investors!
There are many reasons and factors for influencing the bitcoin prices either up or down. For upside rally there are many reasons like any kind of hardfork is coming, there strong demand increasing with increase in volatility with the rise in trading contract with almost all the major exchanges and any kind of positive news regarding the bitcoin's value something like accepting the bitcoin legally in any top-tier country like USA can make the bitcoin prices surges all over the world. Similarly there are some news which may affect the bitcoin prices in negative manner like banning bitcoin in major countries, decrease in demand with low volatility and also decreasing the interest of bitcoin among the people .
What is the main reason of the rising value of bitcoin and what are the reasons of it falling?
Due to the increased demand and the rapid development of Bitcoin, they are increasing.the dumping ground, sharks dumped them so they fell
News, market manipulations, investment, sale of a large number of coins, greed and fear of people who want to earn a lot of bitcoins. Market capitalization of crypto-currencies is still small compared to traditional markets such as the stock market and shares.So the price of bitcoin is highly volatile
What is the main reason of the rising value of bitcoin and what are the reasons of it falling?
Right now? I think it fell because of negative news around cryptos being banned in South Korea, it's probably now increasing as people are realising things aren't as bad as first seemed and some confidence is returning to bitcoin.
Well no one knows the actual reason behind such happenings because of the unknown background of bitcoin and its creation. But the theory of supply and demand is quite analogous to the situation here with bitcoin. When there is high supply, i.e. higher availability of the bitcoins in the market, which might have occured due to ovee crowding of miners or due to panic sellers or due to general selling being higher than buying, then the prices tend to fall because there is enough availability of the coin and one can get as much as they want.
Now when the case is reversed, i.e. if there is seen a minimal but sudden spike in price more and more people tend to buy bitcoins, this create a virtual scarcity of bitcoins, to be more precise, creates lesser availability of the coins in the market and this leads to lesser supply of the same creating further rise in the pricing because now its is in a way rare. Buyers are more comparwd to sellers so the price gets higher.
Now when the case is reversed, i.e. if there is seen a minimal but sudden spike in price more and more people tend to buy bitcoins, this create a virtual scarcity of bitcoins, to be more precise, creates lesser availability of the coins in the market and this leads to lesser supply of the same creating further rise in the pricing because now its is in a way rare. Buyers are more comparwd to sellers so the price gets higher.
What is the main reason of the rising value of bitcoin and what are the reasons of it falling?
Main reasons are thru buy and sell but what we have to point here are main reasons why people buy and sell.
Let's put it in simple terms like "someone is buying" and "someone is selling". Yes, it's about market behaviour wherein bitcoin price was moving because of buy and sell. Now for how much it will rise or fall will depend on how much volume it will made.
Different reasons also are associated whether people will act to buy or sell. Some are due to speculations, some are due to riding the current trend, some will just do normal buying etc. , there are really lots.
Soon as you continue to progress in bitcoin world, you will understand more how bitcoin price behaves without knowing technically the "specific" reason why it was moving drastically.
What is the main reason of the rising value of bitcoin and what are the reasons of it falling?
Theory of supply and demand. Generally, as bitcoin demands keeps increasing and the bitcoin can't have difficulty supplying it, then the price increases. And then there's the positive news coming from different sources. This makes people go to the market and buy bitcoin resulting to the price going up. And vice versa, if there's a bad news, it cause the price to go down drastically.
Another reason is manipulation, there's a unwritten rule that whales do sometimes want to manipulate the price is either direction. Remember they can only do that because they have huge amount of bitcoins to begin with. It maybe a individual or group or individuals or sometimes financial investment company.
The increase in the price of bitcoin is based on the fact that the complexity of production increases with time, and the number of unreached bitcoins will decrease. But most of all the price of bitcoin depends on the whales that control this market.
If you guys know the law of supply and demand you can easily learned from that the reason why bitcoin rise/low. Of course, we are the users and the investors we are the one who are making the value of bitcoin, without our willingness to buy it bitcoin value is 0 since no one wants it but since we do want bitcoin, it really rise due to high demand as well and having a fixed supply.
Supply and demand. More bitcoins being bought compared to being sold, bitcoin's price rises. More bitcoins being sold compared to being bought, bitcoin's price drops.
What is the main reason of the rising value of bitcoin and what are the reasons of it falling?
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