How did Bitcoin start to price increase? - page 17.

dmamigo

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Quote from: President79 on February 02, 2017, 05:16:36 AM

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.

The price can Rise or Fall anytime, suddenly, but usually it can be guessed. But yes no guarantee can be provided.
The Value of BTC currently depends greatly upon demand of BTC. Also the government action and policy and trigger up and down in the valuation.

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Theres many speculations regarding on sudden bitcoins price increase like adoption or many are buying bitcoin on cheaper price but this situation is just normal and we should really prepare ourselves because price drops will surely happen when bitcoins price will go to its peak of these days.

President79

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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.

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Quote from: South Park on January 31, 2017, 03:52:48 PM

Quote from: Gameroid on January 28, 2017, 06:47:52 PM

Quote from: Victorycoin on January 28, 2017, 10:55:10 AM

Quote from: jacafbiz on January 28, 2017, 08:28:07 AM

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 not so easy to manipulate the price of bitcoin, may be in past when the bitcoin users were few in number, but as soon as the number of bitcoin users are increasing it is also becoming more difficult for an individual or a group of people to increase or decrease the price of bitcoin.

To manipulate the price of bitcoin, you only need to manipulate the holders of bitcoin and that is very easy to do, if the price gets lower by 50 dollars you will see a bunch of threads in the forum stating a bunch of FUD and that this is finally the end, people sell and the whales get cheap bitcoin.

I dont think that's a signal, remember when bitcoin price hit $1100 then the price go down till touch $800 even I see a lot member in this forum made a thread about the price keeping dump but we need much time to see the price rise back.

(altair)

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Well as the number of bitcoin user's increase and the more we use it,
it's price will surely go up because of the stock's and demand's

_nur

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Quote from: Victorycoin on January 28, 2017, 10:55:10 AM

Quote from: jacafbiz on January 28, 2017, 08:28:07 AM

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 dictate 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.

yea decentralized in china... you do know that right?

LeGaulois

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Bitcoin incrased to up the 1000 dollar mark while he was barely over $400 in January 2016. The rise has accelerated since the election of Donald Trump for POTUS. The value of BTC grew by more than 60% in three months.
the sudden rise in the wake of the "Brexit", is also in direct connection with the fall of the yuan: the majority of the exchanges around the electronic currency is indeed in China, where national currency has reached its lowest level in five and a half years in the financial markets.

The movement could continue. The bitcoin could rise to 20 ;D00 dollars in 2017 because the Russia and China can accept it as an alternative to the U.S. dollar

warwar

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Quote from: South Park on January 31, 2017, 03:52:48 PM

Quote from: Gameroid on January 28, 2017, 06:47:52 PM

Quote from: Victorycoin on January 28, 2017, 10:55:10 AM

Quote from: jacafbiz on January 28, 2017, 08:28:07 AM

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 not so easy to manipulate the price of bitcoin, may be in past when the bitcoin users were few in number, but as soon as the number of bitcoin users are increasing it is also becoming more difficult for an individual or a group of people to increase or decrease the price of bitcoin.

To manipulate the price of bitcoin, you only need to manipulate the holders of bitcoin and that is very easy to do, if the price gets lower by 50 dollars you will see a bunch of threads in the forum stating a bunch of FUD and that this is finally the end, people sell and the whales get cheap bitcoin.

That is panic selling when the price of bitcoin keep dropping. Well that makes the more bitcoin drop . well i do agree you can manipulate if you can manipulate to sell or buy bitcoins because it can cause of dropping and pumping price of bitcoin. Also i think if you do have a lot of people and try to play with the price using a ton of money also you can manipulate it

South Park

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Quote from: Gameroid on January 28, 2017, 06:47:52 PM

Quote from: Victorycoin on January 28, 2017, 10:55:10 AM

Quote from: jacafbiz on January 28, 2017, 08:28:07 AM

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 not so easy to manipulate the price of bitcoin, may be in past when the bitcoin users were few in number, but as soon as the number of bitcoin users are increasing it is also becoming more difficult for an individual or a group of people to increase or decrease the price of bitcoin.

To manipulate the price of bitcoin, you only need to manipulate the holders of bitcoin and that is very easy to do, if the price gets lower by 50 dollars you will see a bunch of threads in the forum stating a bunch of FUD and that this is finally the end, people sell and the whales get cheap bitcoin.

ironm@n

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Quote from: Gameroid on January 28, 2017, 06:47:52 PM

Quote from: Victorycoin on January 28, 2017, 10:55:10 AM

Quote from: jacafbiz on January 28, 2017, 08:28:07 AM

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 not so easy to manipulate the price of bitcoin, may be in past when the bitcoin users were few in number, but as soon as the number of bitcoin users are increasing it is also becoming more difficult for an individual or a group of people to increase or decrease the price of bitcoin.

Yeah, luckily this is something that becomes increasingly difficult to happen. When the big crash occurred in 2013, there were a number of conditions that made it difficult for Bitcoin's price to remain stable and far from manipulation. At that time, in addition to having a smaller amount of users, the most used exchange was Mt. Gox. Things are much more advanced today with respect to exchanges and number of users.

geopolisch

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Quote from: carlisle1 on January 31, 2017, 08:06:09 AM

Quote from: traderMax on January 24, 2017, 03:52:23 PM

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?

I think it is because of the people who are using it, there are big time investors who are keeping bitcoin and those people who are adopting and putting their money in bitcoin are increasing. the demand is increasing while people who uses it are increasing and it resulted to the price increase aside from that I don't have any other idea regarding to the price increase .

Yes, when a commodity gets its worth among people by showing its uses and advantages then it will create its demand to decide its value levels.

When more people fight for same quality of product and if that product is limited by its production then its value will be determined by pure demand. So, bitcoin will have value in millions in near future, no need to doubt it.

canah17

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Quote from: traderMax on January 24, 2017, 03:52:23 PM

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 Cheesy

by the time comes bitcoin will increase more and more then the user of bitcoin will be rich like us Cheesy

carlisle1

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Quote from: traderMax on January 24, 2017, 03:52:23 PM

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?

I think it is because of the people who are using it, there are big time investors who are keeping bitcoin and those people who are adopting and putting their money in bitcoin are increasing. the demand is increasing while people who uses it are increasing and it resulted to the price increase aside from that I don't have any other idea regarding to the price increase .

virasog

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Quote from: emezh10 on January 28, 2017, 10:02:42 PM

Quote from: traderMax on January 24, 2017, 03:52:23 PM

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?

Supply and demand law, obviously if the supply is lessen means that many people buy bitcoins the bitcoin price will increase and if the supply is growing many user is selling bitcoin means the bitcoin price will dump. That law is depend in the user of the coin. Imagine if lot of us sell our bitcoin the price will dump and all of us buy ut the price will increase. That hows that law works and you can use it in trading. Buy low sell high.

This is the reason why the value of one thing increases, the law of supply and demand even in real economic status, everything varies with that law. And also to the users of it, the more people hold their bitcoin the more the price increases especially those who hold big amount of it.

Victorycoin

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Quote from: sir.humus on January 29, 2017, 02:25:27 PM

After the big raise in bitcoin value in 2013 came a great fall and a lot of people lose their money.
So now, after the big rise people were more hesitate, but when the fall didn't come bitcoin gain much security about its price. Now the price increase step by step.

Back them the user base of Bitcoin, capitalization, hope and trust invested in Bitcoin wasn't half as pronounced as it is today. We can rightly say that Bitcoin is more decentralized today than it ever were and that is its food, which can explain its now resilience and strength. All that is a pointer to the fact that, the more people adopt bitcoin, the more valuable and stable it becomes.

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Quote from: xSkylarx on January 29, 2017, 02:24:27 PM

Quote from: traderMax on January 24, 2017, 03:52:23 PM

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?

I think the value increase because of the demands of the users ,
lets just put it in a easy to understand the value depends on the stocks and demands.

It is true to say that the price of any asset is a result of supply and demand, and this is also true for digital assets such as Bitcoin. To identify the factors that have the potential to make Bitcoin rise in value, it is necessary to identify the variables that can bring an incentive for people to use the currency, and generally such incentives come from problems that exist in the use of Fiat currency, such as inflation and difficulties to send this type of money around the globe. When more people realize that Bitcoin is the solution to such things, demand increases, and that brings positive results in price.

sir.humus

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After the big raise in bitcoin value in 2013 came a great fall and a lot of people lose their money.
So now, after the big rise people were more hesitate, but when the fall didn't come bitcoin gain much security about its price. Now the price increase step by step.

xSkylarx

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Quote from: traderMax on January 24, 2017, 03:52:23 PM

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?

I think the value increase because of the demands of the users ,
lets just put it in a easy to understand the value depends on the stocks and demands.

Yakamoto

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Quote from: South Park on January 28, 2017, 02:43:55 PM

Quote from: LegendaryMiner on January 27, 2017, 06:51:29 PM

Quote from: South Park on January 27, 2017, 06:22:40 PM

Quote from: traderMax on January 24, 2017, 03:52:23 PM

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?

Bitcoin has the value people decide to give to it, at first it had no value except as an experiment and proof of concept, but then people began to realize this technology was innovative and it got some value and as time has passed more people have agreed with that statement and that is why bitcoin keeps growing in price, because people believe on it.

I also think that the value will depend on people, but unfortunately some people spend a long time being indifferent to this sort of thing, and then certain circumstances cause them to take an initiative to go towards Bitcoin. As for example, usually many people only look for Bitcoin when their countries are in crisis, or when the local currency is in trouble. Obviously, the people who take the initiative to invest in Bitcoin before such events happen are those people who manage to get a greater reward.

You are correct but this is nothing new, if I remember correctly the same happen when the USSR disintegrated, a great economic turmoil followed and the people exchanged their savings into dollars to try to maintain their purchase power, the fact people are doing that now with bitcoin tell us bitcoin is more powerful than the currencies of many countries of the world.

Bitcoin is strong because it has a guarantee of scarcity, if that did not exist then Bitcoin would probably worth no more than something like Dogecoin or Litecoin (although Litecoin has a much larger cap so it still has its own form of scarcity). Bitcoin still only has a small portion of the overall wealth put into monetary security when it comes down to it.

bitbob82

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Quote from: Goms on January 29, 2017, 10:14:36 AM

The funny thing is that new people are buying bitcoins now because they hope to make more money from it, convert to fiat and spend in fiat. So really people don't seem to see btc as money but as an investment the same way people buy stocks, gold and silver.

i think every one is hopping that perhaps they were able to purchase bitcoin in 2012 so now the were be the millionaire but still i will like to say that after 10 years people will be talking about the present time that why they missed 2016 and 2017 to invest their assets in bitcoin, therefore i think we a strong reason to invest in bitcoin right now.

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