Topic: How did Bitcoin start to price increase? - page 16. (Read 10061 times)
You have already answered your question in the question itself. The value is increasing means the potential of bitcoin is increasing as compared to that of other options (USD or other fiat currencies) and thus people are giving preference to bitcoin thus the price is increasing based on the law of demand and supply. The value is something that the bitcoin posses with it (may not be the actual price of it) and the price is something that is an actual amount at which bitcoin is being traded.
Bitcoin is an electronic currency, it is real, not virtual. It is not like those other currencies. The price of Bitcoin in January 2013 was about $ 90, but its value has risen very sharply and now the price of Bitcoin is more than $ 1,000. Bitcoin get such strong growth is due to factors such as market conditions improve, supplies limited while demand using Bitcoin increasing, number of Bitcoin decrease , Bitcoin prices will rise. Currently, more and more companies / large organizations accept Bitcoin currency . The rapid development of data storage technology blockchain - the foundation of all Bitcoin transactions and strong demand from China also the factors pushing up the price of Bitcoin is increasing dramatically.
Till governments have not legalized it yet but many companies are testing the block chain technology, Even government are also not telling directly that they are banning bitcoin but people are using it according their needs. But once governments start encouraging people than there will big bounce in bitcoin industry.
Governments are still not considering bitcoin for many reasons such as they think it will only bring more illegal actions given the fact the using it does not require id and it is totally anonymous, and honestly bitcoin has been used a lot lately so probably how many people using will influence bitcoin prices, it means government's stand not at all required.
It's very dependent bitcoin user, if many who bought of course the prices will continue to rise. I think bitcoin unique, because it is not affected by the economic, political, and other world issues. It all depends on the demand and the stock of bitcoin.
In my opinion, bitcoin increase because several factor
1. Bitcoin have masive adoption
2. Diff inc
3. Many company and goverment research about blockchain tech
4. User growth
1. Bitcoin have masive adoption
2. Diff inc
3. Many company and goverment research about blockchain tech
4. User growth
Massive adoption and user growth is most reason why bitcoin prices rises and also those investor in bitcoin because now a days bitcoin is know but not really in all country and if you go deep investors will be interested in investing bitcoin that it will lead to higher price . Every year bitcoin community is getting many because every year bitcoin gain fame to others and get curious about it also the technology that brought bitcoin to us
Till governments have not legalized it yet but many companies are testing the block chain technology, Even government are also not telling directly that they are banning bitcoin but people are using it according their needs. But once governments start encouraging people than there will big bounce in bitcoin industry.
Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
Well I think its increasing because many people now are believing/using bitcoin that's why we will that after 2 weeks or maybe 1 week its totally increasing. Not so big, but we should be thankful that its increasing so that we can feel that were really earning.
Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
Well I think its increasing because many people now are believing/using bitcoin that's why we will that after 2 weeks or maybe 1 week its totally increasing. Not so big, but we should be thankful that its increasing so that we can feel that were really earning.
I think we cannot predict whether when will bitcoin value increases? We cannot sure why did bitcoins start to increases? We all not know why does the bitcoin increases too? Bitcoin value or price is so volatile and cannot see what are the reasons why bitcoin value increases?
Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
Its because bitcoin user is becoming more and more so the price will increase and that reasons is in a country that accepts bitcoin like United States they really know what's up on bitcoin so they buy some and then the creator or the monitor of the bitcoin will increase the price because business is business
by the time comes bitcoin will increase more and more then the user of bitcoin will be rich like us Well actually, the price is not only based on the users on bitcoin but also the activities done by it, that's why the value of bitcoin still increasingly. As the years goes by, maybe bitcoin would become the most popular cryptocurrency since there are many users used it, the price would increase 2x form the last years and become famous to the world. We are very close and hope it would really happen, no harm to wait
I agree that bitcoin price is not base on users but on the investors demand. Bitcoin is still in speculative phase where the price is driven by investors speculation. I think the activity has nothing to do with it, it just fuel the speculation of traders and the speculation will push the price since demand will increase.
Exactly, the more investors invest the high price increase we can get. Bitcoin gave the investors a big impact also to all users here, since because we can get more profit from if you invest and have a wise way to do that. In my opinion, if the users in bitcoin spread and try to explain all the people in the world, no doubt bitcoin would become famous, stable price and increase its price.
In my opinion, bitcoin increase because several factor
1. Bitcoin have masive adoption
2. Diff inc
3. Many company and goverment research about blockchain tech
4. User growth
1. Bitcoin have masive adoption
2. Diff inc
3. Many company and goverment research about blockchain tech
4. User growth
1. there is no massive adoption, it is slowly rising though and that slow rise means more investors are coming in and investing more money in bitcoin => more demand and increasing price
2. has zero effect on how price changes at this point.
3. this also has no effect. they are researching how to make an altcoin. this may in a way attract more attention to the technology and maybe bitcoin but it is not that big.
4. is the same as 1!
In my opinion, bitcoin increase because several factor
1. Bitcoin have masive adoption
2. Diff inc
3. Many company and goverment research about blockchain tech
4. User growth
that usually happens and it increases users make requests bitcoin becomes larger and auto prices higher. The cycle usually happens when the price increases in bitcoin 1. Bitcoin have masive adoption
2. Diff inc
3. Many company and goverment research about blockchain tech
4. User growth
In my opinion, bitcoin increase because several factor
1. Bitcoin have masive adoption
2. Diff inc
3. Many company and goverment research about blockchain tech
4. User growth
1. Bitcoin have masive adoption
2. Diff inc
3. Many company and goverment research about blockchain tech
4. User growth
Massive adoption and user growth is most reason why bitcoin prices rises and also those investor in bitcoin because now a days bitcoin is know but not really in all country and if you go deep investors will be interested in investing bitcoin that it will lead to higher price . Every year bitcoin community is getting many because every year bitcoin gain fame to others and get curious about it also the technology that brought bitcoin to us
In my opinion, bitcoin increase because several factor
1. Bitcoin have masive adoption
2. Diff inc
3. Many company and goverment research about blockchain tech
4. User growth
1. Bitcoin have masive adoption
2. Diff inc
3. Many company and goverment research about blockchain tech
4. User growth
Massive adoption and user growth is most reason why bitcoin prices rises and also those investor in bitcoin because now a days bitcoin is know but not really in all country and if you go deep investors will be interested in investing bitcoin that it will lead to higher price . Every year bitcoin community is getting many because every year bitcoin gain fame to others and get curious about it also the technology that brought bitcoin to us
In my opinion, bitcoin increase because several factor
1. Bitcoin have masive adoption
2. Diff inc
3. Many company and goverment research about blockchain tech
4. User growth
1. Bitcoin have masive adoption
2. Diff inc
3. Many company and goverment research about blockchain tech
4. User growth
Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
Its because bitcoin user is becoming more and more so the price will increase and that reasons is in a country that accepts bitcoin like United States they really know what's up on bitcoin so they buy some and then the creator or the monitor of the bitcoin will increase the price because business is business
by the time comes bitcoin will increase more and more then the user of bitcoin will be rich like us Well actually, the price is not only based on the users on bitcoin but also the activities done by it, that's why the value of bitcoin still increasingly. As the years goes by, maybe bitcoin would become the most popular cryptocurrency since there are many users used it, the price would increase 2x form the last years and become famous to the world. We are very close and hope it would really happen, no harm to wait
I agree that bitcoin price is not base on users but on the investors demand. Bitcoin is still in speculative phase where the price is driven by investors speculation. I think the activity has nothing to do with it, it just fuel the speculation of traders and the speculation will push the price since demand will increase.
I think the miners dictate the price of Bitcoin, once their input go up (difficulties level, electricity cost, equipment price), you can't expect them to sell at loss, so they increase the price they will sell there tokens.
No they do not! Bitcoin is decentralized, so no one has the full capacity to dictates its price. Whatever any bitcoiner does like hoarding,pumping,dumping,etc, only goes to offset the market demand and supply of the coin and which is sooner than later reflected in the price. it is possible that soon there will be a course correction. It seems to me that the true price of Bitcoins is 950 dollars. But, this is just my assumption.
Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
Its because bitcoin user is becoming more and more so the price will increase and that reasons is in a country that accepts bitcoin like United States they really know what's up on bitcoin so they buy some and then the creator or the monitor of the bitcoin will increase the price because business is business
by the time comes bitcoin will increase more and more then the user of bitcoin will be rich like us Well actually, the price is not only based on the users on bitcoin but also the activities done by it, that's why the value of bitcoin still increasingly. As the years goes by, maybe bitcoin would become the most popular cryptocurrency since there are many users used it, the price would increase 2x form the last years and become famous to the world. We are very close and hope it would really happen, no harm to wait
I think the miners dictate the price of Bitcoin, once their input go up (difficulties level, electricity cost, equipment price), you can't expect them to sell at loss, so they increase the price they will sell there tokens.
No they do not! Bitcoin is decentralized, so no one has the full capacity to dictates its price. Whatever any bitcoiner does like hoarding,pumping,dumping,etc, only goes to offset the market demand and supply of the coin and which is sooner than later reflected in the price. 
I think this is from the speculation, it's been no secret that bitcoin can be controlled, I think it not strange if bitcoin will rise again to $1.500 a week later or go down $500 in a day, we have to be ready.
can you tell me the truth about that? the sound's terrible. I don't ever think if the bitcoin is can be controlling by someone or group. I just understand if bitcoin can get the network attack rather than controlling the amount of bitcoin for directly.
Well in theory it's supposed to become rarer with time since there's only a limited amount of it that can be mined unlike fiat where the government can pump out cash as it see fit. But as many people here have noted, it is affected by speculation. Also keep an eye on states, especially China. Someone in China farts and the price plunges.
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