How did Bitcoin start to price increase? - page 7.

KingdomHearts

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Quote from: sana54210 on March 08, 2018, 02:43:37 AM

Quote from: Noctis Connor on January 25, 2017, 02:08:16 AM

Its because the traders and big whales holding their bitcoin for a long time and they're also the reason why bitcoin price is dropping. Big whales in bitcoin has been a part of bitcoin price changing for months this big whales most of them are high profile person who has a business to get income for and invest it on bitcoin.

Big whales can manipulate price to a limited extent. It isn’t the whale that is responsible for increase in the price of bitcoin. Its simply the game of demand and supply. Bitcoin when introduced was first decentralized platform that set aside the need of third party for transaction and increased the security and privacy of transactions being carried out.

This made it look very interesting to people that were interested in new technology. Hence, there came increase in demand for the coin that increased the price as the supply of coin was limited. In short whales had nothing to do with it. It was all by community.

They are still in a way responsible since they have a position in the market to play with how traders respond to the market. If you have seen the way actions are in the market sometimes, you will notice the action of whales every time. If a market is moving up, and they want it down, the price action always depicts the action of the whales in the picture and vice versa.

The rest of us are just here watching while the traders are busy speculating what the whales want and the weak hands always end up zapping off, while the whales keep winning.

jakoylantern

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For me, bitcoin increase its price because of its community, we all know that bitcoin’s amount in the first place is very affordable that you can buy some bitcoin at 1-13$ and increase every day or week. When many issues happen bitcoin become famous, and some people are starting to invest in it, and after a year some huge company announces that they will accept bitcoin as payment. So the bitcoin price rapidly increases and become famous to many investors and traders, now bitcoin is the first successful cryptocurrency, the most expensive and most popular cryptocurrency of all.

upsidedown75

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Quote from: Sled on March 08, 2018, 07:54:39 AM

Quote from: kateryana81 on March 08, 2018, 04:33:09 AM

Quote from: red00 on March 07, 2018, 03:30:05 AM

i guess bitcoin become idemand so that the reason why price increase

Since the time this world has seen this bitcoin, most of the people have started developing their interest towards it and that most of the people started investing their money into it. With the passage of time, when more investors started investing their money into it, the demand of the bitcoin in the international market as well as across the entire globe started rising which resulted in more market value of the bitcoin and now it is this much high that people are making out very good profit out of it.

A lot of people are now having a good stable lifestyle and that is because of bitcoin and we can continue seeing this if we will continue to spread bitcoin all over the part of the world. Bitcoin is always there and the people are just the problem right now but if the demand grows then it will help bitcoin to increase its price and it will also help the people to make more money and reach their goals in a shorter period of time.

That is for sure and I still believe that things would even get better when we start seeing huge level of adoption which is totally different from what we are even seeing now.

People and most especially weak hands will always be the problem but the thing is that when a market is moving up too much based on nothing, then you should know that is more than demand and adoption and just fomo speculations which usually don't last most of the time. Interests in bitcoin and cryptocurrency at large is growing daily and it is funny that even with the little adoption rate so far, the market is still doing pretty well.

However, we have to understand that the market is highly speculative right now and what we see most of the time is the movement based on fundamentals and the whales using that to their advantage to let people, investors and traders see what they want them to see.

Astvile

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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 constantly increasing because of more good news and upgrade and adaptions of bitcoins all over the world right now.Huge good news can make a huge hype making bitcoins more valuable because demands will be high.And some adoptions where people buys and raise bitcoins price

cryptojaani

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Quote from: sana54210 on March 08, 2018, 02:43:37 AM

Quote from: Noctis Connor on January 25, 2017, 02:08:16 AM

Its because the traders and big whales holding their bitcoin for a long time and they're also the reason why bitcoin price is dropping. Big whales in bitcoin has been a part of bitcoin price changing for months this big whales most of them are high profile person who has a business to get income for and invest it on bitcoin.

Big whales can manipulate price to a limited extent. It isn’t the whale that is responsible for increase in the price of bitcoin. Its simply the game of demand and supply. Bitcoin when introduced was first decentralized platform that set aside the need of third party for transaction and increased the security and privacy of transactions being carried out.

This made it look very interesting to people that were interested in new technology. Hence, there came increase in demand for the coin that increased the price as the supply of coin was limited. In short whales had nothing to do with it. It was all by community.

Yeah i think its totally depends upon the believe of the people. Who believe in in and invested in 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

BitcoinTurk

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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?

To comment for recent times, the main reason will be popularity. With many investors turning to this area and the speculation on the stock markets, the increasing price of more investors becoming eye babies has come to this point. On the long-term graph, yes, it's never lost, but if we look at the short-term charts, we can see from time to time that there are serious drops. Yaini, it would be wrong to say that everyone has consistently won.

jeaniferomambac

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Quote from: Procopiogamscrypto on March 08, 2018, 09:42:27 AM

Quote from: Text on January 25, 2017, 04:10:23 AM

Bitcoin price increases when the demand is low if many users is holding it. Well, it is just a natural flow of a currency sometimes it goes down and sometimes goes up. It is one of the characteristics of BTC that fluctuates its value in no time.

How I understand regarding supply and demand rule is that when there is an increase of demand it will cause a shortage of supply which ignite the increase of price of the supply due to unavailability on it, so if bitcoin users hold their coin there is a tendency that the demand of bitcoin will increase the same as it's price not demand will go down as what you said ,and it is not a natural flow of currency but rather the volatility of bitcoin.

I think the reasons why bitcoin price will increasing its because of the more demand of the users of bitcoin that affects the supply of it because the more demand theres a possibility that the supply of it will be increasing,then that was a time that the price of bitcoin will increase over its main value and that was a time that you can start to trade on your bitcoin to have a profit.

Procopiogamscrypto

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Quote from: Text on January 25, 2017, 04:10:23 AM

Bitcoin price increases when the demand is low if many users is holding it. Well, it is just a natural flow of a currency sometimes it goes down and sometimes goes up. It is one of the characteristics of BTC that fluctuates its value in no time.

How I understand regarding supply and demand rule is that when there is an increase of demand it will cause a shortage of supply which ignite the increase of price of the supply due to unavailability on it, so if bitcoin users hold their coin there is a tendency that the demand of bitcoin will increase the same as it's price not demand will go down as what you said ,and it is not a natural flow of currency but rather the volatility of bitcoin.

MGBloomz

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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?

Because many are holding their coins and with few supply the price will increase as many wants to buy due to popularity of bitcoin.

fredo123

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The popularity and the influence of social media is the biggest factor to indulge investor to dig in it, As the people get to adopt its usage then, the sudden increase of demand which delivers its value to soar up and continuosly spread globally, until now a days. Since bitcoin is also limited in supply, bitcoin value becomes expensive and going strong against all types of cryptocoin.

Sled

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Quote from: kateryana81 on March 08, 2018, 04:33:09 AM

Quote from: red00 on March 07, 2018, 03:30:05 AM

i guess bitcoin become idemand so that the reason why price increase

Since the time this world has seen this bitcoin, most of the people have started developing their interest towards it and that most of the people started investing their money into it. With the passage of time, when more investors started investing their money into it, the demand of the bitcoin in the international market as well as across the entire globe started rising which resulted in more market value of the bitcoin and now it is this much high that people are making out very good profit out of it.

A lot of people are now having a good stable lifestyle and that is because of bitcoin and we can continue seeing this if we will continue to spread bitcoin all over the part of the world. Bitcoin is always there and the people are just the problem right now but if the demand grows then it will help bitcoin to increase its price and it will also help the people to make more money and reach their goals in a shorter period of time.

kateryana81

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Quote from: red00 on March 07, 2018, 03:30:05 AM

i guess bitcoin become idemand so that the reason why price increase

Since the time this world has seen this bitcoin, most of the people have started developing their interest towards it and that most of the people started investing their money into it. With the passage of time, when more investors started investing their money into it, the demand of the bitcoin in the international market as well as across the entire globe started rising which resulted in more market value of the bitcoin and now it is this much high that people are making out very good profit out of it.

kiloiko

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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?

The main reason behind the constantly increasing bitcoin price is demand and supply. As bitcoin was first decentralized platform that changed the whole idea of payment system existing in the world, it gained quite popularity in the mean time. The increased the demand for bitcoin and as the supply is limited, the rate increases with increase in demand. In the following years, the demand kept increasing and so did the price.

sana54210

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Quote from: Noctis Connor on January 25, 2017, 02:08:16 AM

Its because the traders and big whales holding their bitcoin for a long time and they're also the reason why bitcoin price is dropping. Big whales in bitcoin has been a part of bitcoin price changing for months this big whales most of them are high profile person who has a business to get income for and invest it on bitcoin.

Big whales can manipulate price to a limited extent. It isn’t the whale that is responsible for increase in the price of bitcoin. Its simply the game of demand and supply. Bitcoin when introduced was first decentralized platform that set aside the need of third party for transaction and increased the security and privacy of transactions being carried out.

This made it look very interesting to people that were interested in new technology. Hence, there came increase in demand for the coin that increased the price as the supply of coin was limited. In short whales had nothing to do with it. It was all by community.

dvillier

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Its relies upon request and supply. Toward the starting they was useless. So they progressed toward becoming quality when a few people found and need to have a few. After that individuals saw that the exchange goes quick. What's more, the most critical, the exchange was absolutely mysterious. You don't know who was the proprietor of the wallet address. That why the general population who sold and purchase unlawful stuff on the obscurity begin to utilize it as an installment strategy. The request of bitcoin rises and cost increased more esteem.

Pier7

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Bitcoin has limited quantity and it has becoming more popular that a lot of people now are using it and buying it. Which leads to most basic economic situation, the law of supply and demand, which further leads to bitcoin price increase.

susuberuang

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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?

the rising bitcoin price is due to the very high demand but with very limited supply availability, it makes bitcoin getting more and makes bitcoin more expensive. not only that factor from technological developments that apply bitcoin as payment can also trigger a rise in bitcoin prices.

red00

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i guess bitcoin become idemand so that the reason why price increase

katrimans

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Quote from: Pursuer on January 25, 2017, 05:02:18 AM

Quote from: adzino on January 25, 2017, 04:38:03 AM

We are slowly moving to the future where more and more people are slowly having access to the internet.

I doubt that internet access is the reason here!
internet coverage has been big for a long time and it is getting better and faster as time goes by. besides someone who didn't have internet access up until now (2016-2017) is obviously living in a third world country and will not run to buy bitcoin the first day of internet access.

the reason why bitcoin price is like this is because people don't know about bitcoin or are too afraid to invest in it. but when they see the performance they join in slowly.

All the game is of demand and supply and trading volume. Increase in demand cause increase in rate of the coin. Trading volume also plays a vital role in the increase or decrease in the rate of a coin.

When the trading volume starts rising, so does the rate, it shows that people are doing more transactions using it which indirectly shows the increase in demand. Many people just go with the flow. They pour in money when they see anything increasing thus rising the volume and rate even more.

RavRider

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Its depends on demand and supply. At the beginning they was wortless. So they became value when some people discovered and want to have some. After that people saw that the transaction goes very fast. And the most important, the transaction was totally anonymous. You dont know who was the owner of the wallet adress. Thats why the people who sold and buyed ilegal stuff on the darknet start to use it as a payment method. The demand of bitcoin rised and price gained more value.

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