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Topic: How did Bitcoin start to price increase? - page 11. (Read 10028 times)

full member
Activity: 291
Merit: 119
November 27, 2017, 03:02:10 AM
Bitcoin started gaining value with its increasing user base and the trsut and acceptance it is getting from its users as well as different countries, companies, and authorities. Allot is yet it to happen but so far bitcoin have gained a very hight value and a good position in the maeket of crypto currency. People are attracted towards bitcoins because of its decentralised state and fool proof system of transaction
sr. member
Activity: 308
Merit: 250
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November 19, 2017, 02:31:26 PM

This was the previous news, now a day Bitcoin is rarely used in darkweb, I think people there are more incline to use anonymous coin and since Bitcoin is known to be pseudo anonymous and not completely what they think of, they moved to anon altcoins.
I think it is the adoption of people, speculative thinking of traders and good news about development that push  Bitcoin price to increase. Wink
In the year 2009 Bitcoin was presented in those days Bitcoin was not known by the people groups but rather the hard battle make Bitcoin known to each individual of the world and the general population began entering the universe of Bitcoin and after that gradually and relentlessly the costs start to expand the costs of Bitcoin.
hero member
Activity: 826
Merit: 529
Very simple, price is getting higher with respective of higher demand. Now a days Bitcoin is gaining ground as a international platform for earning currencies. Though it already has created as a trusted site that's why people are interested to invest money to beget his or her money, in this way it's becoming a lucrative business area.
Is it clear to us why it's happening..?
hero member
Activity: 2996
Merit: 524
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There would be many reason due to which price of bitcoin rose and is rising . We cannot specifically point out any one. It may be due to its decentralized features, no government control, easily transferable, around the globe, widely acceptance by people etc.
 

Exactly, but the thing is it really affects the the price when the demands of bitcoin increases the value gets higher too. More buy orders means more increase in price and more buying pressure.
Caused by more bitcoin gets divided into a lot of parts. And it makes the price of bitcoin will increase. More buy order means the support for bitcoin is really strong to push the price of bitcoin to get on another ATH.
newbie
Activity: 9
Merit: 0
The same way everything else acquire its value, the law of supply and demand. Fortunately bitcoin is a limited supply. So if new demand arises, the price will easily rise too. By this the price increases, other factor is number of bitcoin available, also lost bitcoins increases the value of the usable bitcoin.
bitcoin was only a speculative tool at the beginning, now that there are some good merchants it's also a currency, but not complete, It is one of the characteristics of BTC that fluctuates its value in no time.
legendary
Activity: 1190
Merit: 1024
There would be many reason due to which price of bitcoin rose and is rising . We cannot specifically point out any one. It may be due to its decentralized features, no government control, easily transferable, around the globe, widely acceptance by people etc.
 

Exactly, but the thing is it really affects the the price when the demands of bitcoin increases the value gets higher too. More buy orders means more increase in price and more buying pressure.
legendary
Activity: 1456
Merit: 1005
Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
It is because the buyers of bitcoin are increasing. The spread of bitcoin is continue and with the passage of time more and more people know about it and they invest their money in bitcoin so with that demand the price of bitcoin increase.
Yes exactly. A lot of people are trying to buy bitcoin, which means that the the demand is very high. This then leads to a lot of people selling it and they are trying to make a profit, so they sell it for a high price. Hence, the price of bitcoin increases.
Yup the price is the Bitcoin always based on demand and supply method. Not only Bitcoin any product value will based on this method. Now the Bitcoin news is spreading all over the world very fastly and every day lot's of new users are entering this Bitcoin world. So the price is stable at high price and still it is increasing.
newbie
Activity: 36
Merit: 0
Which makes the high bitcoin price of course due to the increasing demand for bitcoin, many people are becoming aware of the speed and security of bitcoin and blockchain systems
sr. member
Activity: 322
Merit: 250
Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
It is because the buyers of bitcoin are increasing. The spread of bitcoin is continue and with the passage of time more and more people know about it and they invest their money in bitcoin so with that demand the price of bitcoin increase.
Yes exactly. A lot of people are trying to buy bitcoin, which means that the the demand is very high. This then leads to a lot of people selling it and they are trying to make a profit, so they sell it for a high price. Hence, the price of bitcoin increases.
hero member
Activity: 560
Merit: 500
Instead of saying that bitcoin price started to increase because of demand, I would say that bitcoin started to increase in price because at first some people decided to trust it by investing in it which made it gain more demand and also trust from others for them to invest in bitcoin. Also, it began to increase in price because at first manipulation was there and seeing bitcoin price pump up to 1000$+ during 2013 is what made it popular right now and so attractive to investors so Chinese played a big role I think for helping bitcoin gain more demand.
hero member
Activity: 882
Merit: 500
Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
This is because the people in the bitcoin are going increasing constantly , And due to the increase in the population of the people in the bitcoin market results into the lack of the bitcoin per people , so this decrease in the demand results into the increase in the price of the bitcoin .
Second reason to increase in the price is that the government of the Japan accepted the bitcoin as legal way of payment in his country , so the Japanese are involving more and more in the bitcoin and increasing demand  .
hero member
Activity: 1218
Merit: 557
There would be many reason due to which price of bitcoin rose and is rising . We cannot specifically point out any one. It may be due to its decentralized features, no government control, easily transferable, around the globe, widely acceptance by people etc.
 
newbie
Activity: 36
Merit: 0
Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
It is because the buyers of bitcoin are increasing. The spread of bitcoin is continue and with the passage of time more and more people know about it and they invest their money in bitcoin so with that demand the price of bitcoin increase.

The demand is growing and therefore the price is rising. The more people buy bitcoin, the higher the price. After all, we know that the total number of bitcoins is limited.
hero member
Activity: 644
Merit: 500
Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
It is because the buyers of bitcoin are increasing. The spread of bitcoin is continue and with the passage of time more and more people know about it and they invest their money in bitcoin so with that demand the price of bitcoin increase.
hero member
Activity: 700
Merit: 500
Massive price drop coming...
Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
It is because someone gave it a value, from zero value now when the community saw that there is someone gave it a price, because of their  curiosity they followed what person did, In other terms because of the mass adoption by the masses bitcoin was promoted by them until there business minded person saw that it has a potential value in the near future. and because of that until now the demand was getting higher all the around the world.
I think you are wrong the price of bitcoin was increasing due to demand and supply if bitcoin is in demand and the supply is low the price will increase ..
This is just like in product in the market if the product is in demand and the supply is getting low the value will increase more..
Example is sea foods if the there is a red tide the supply will reduce but the demand is the same the value of sea foods will increase its value..
hero member
Activity: 574
Merit: 500
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Just because more people joined and bought Bitcoin, and the speed of adoption outweighed the natural inflation from mining - the adoption rate is actually increasing while the new coins mined is decreasing, so that results in demand outweighing supply.
sr. member
Activity: 784
Merit: 250
Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
It is because someone gave it a value, from zero value now when the community saw that there is someone gave it a price, because of their  curiosity they followed what person did, In other terms because of the mass adoption by the masses bitcoin was promoted by them until there business minded person saw that it has a potential value in the near future. and because of that until now the demand was getting higher all the around the world.
hero member
Activity: 2926
Merit: 722
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Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
"ADOPTION" this is the thing why bitcoins value does increase overtime and as long people do use it then expect price would go high even more on future years to come but dont expect too much because price crash do also happen on bitcoin which means be prepare all the time and risk only the money you can afford to lose up when things goes wrong.
hero member
Activity: 588
Merit: 500
Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?

It is increasing because the supply is limited and the demand of bitcoin is highly demand in many markets. The price goes up because many people invest in bitcoin and some people pump it so that they will earn more profit.
yes that is a fact that it depend on demand and supply. if the demand of bitcoin is increasing because when the number of bitcoin users is increasing the demand will also increase and he supply will decrease and thus the price of bitcoin will increase.
legendary
Activity: 1806
Merit: 1090
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Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?

Demand and peoples dreams, we all look for an asset that will make us a return and tickles our fancy.
Greed speculation and wealth are all closely related.
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