Topic: Next Reason For BTC Price To Goes Up - page 2. (Read 13679 times)
I think the reason for bitcoin going up in the future is that many migrants buy cryptocoin and also old investors will buy again when the signs of rising prices have emerged, then the market volume will increase so that it will push up the price of bitcoin.
It is also only a small amount of Stock exchange traders that has the knowledge to buy & sell bitcoins, most of them are traditional investors and old farts like Warren Buffet. 
This is the reason I think that huge orders are one of the factors that pushes price up because the market gets quiet until after sometime you see a serious rally and price goes up. This time around, I hope the bull gets sustained.
What could be the reason though for that to happen this time around? I'm reading a few comments talking about the halving necxt year but that seems a little distant to have that much effect now. Sec approval? I don't think so. Whales starting a fomo? Probably.
Although I suspect FOMO, probably one person with big funds causes little big increase and people got scared and started investing, thinking the BULL has come, I invested too the moment I started seeing the speed, I didn’t want to miss out from the bull, so I think FOMO played a very big part in the price increase.
I used to know a lot of stock investors. They usually will not invest in the stock market in Q3. They will withdraw capital and invest in crypto market because they know that the crypto market will have tremendous purchasing power in Q3. If you do not believe me, you can check the chart of 2 years ago.
Your opinion may also be true. I think there will be many securities investors participating in the crypto market now. because they know that the crypto market is always growing and most active at Q2 and Q3. they will not want to have interest rates of 1-3% per month, they will have to move to the crypto market to get higher interest rates.
More Investors were socked in bitcoin failed values when it was near $3k. Many people thought Bitcoin would go down a lot but this month Bitcoin value has increased again. In fact more investor prices are paid at this time. I guess it now some old investor or new investors come in their investment planning. This think Bitcoin value increase showly day by day.
It is also only a small amount of Stock exchange traders that has the knowledge to buy & sell bitcoins, most of them are traditional investors and old farts like Warren Buffet.
This is the reason I think that huge orders are one of the factors that pushes price up because the market gets quiet until after sometime you see a serious rally and price goes up. This time around, I hope the bull gets sustained.
What could be the reason though for that to happen this time around? I'm reading a few comments talking about the halving necxt year but that seems a little distant to have that much effect now. Sec approval? I don't think so. Whales starting a fomo? Probably.
Here the point is the number of users and enthusiasts is increasing, anyhow the price movement, of course it is very easily influenced by the interest of many people in Bitcoin. Moreover, the advantages of bitcoin are increasingly highlighted because there are so many benefits for economic life or improving the finances of everyone who wants to be close with Bitcoin/crypto.
And when the state recognizes the existence of bitcoin or supports the existence of bitcoin, I think the longer it will be increasingly followed by other countries related to helping or advancing the economic life of its people.
So true of you, but the only concern I have been having is the way people now interpreted cryptocurrency to be, they see it as only investment too and the existing ones too that are creating these awareness are not helping the new users and enthusiast to see cryptocurrency beyond the investment part.And when the state recognizes the existence of bitcoin or supports the existence of bitcoin, I think the longer it will be increasingly followed by other countries related to helping or advancing the economic life of its people.
So, I am thinking that could be the problem why we are seeing all these rise and crash, people investing to see profit and at any slight show of profit thy, remove their money and then we witness a decrease, this shows we have more of investors as users, that institutions using it for utility tool.
Fiat money have a lot of use cases but people still gamble on forex,4 trillion dollar 24/7 market
Here the point is the number of users and enthusiasts is increasing, anyhow the price movement, of course it is very easily influenced by the interest of many people in Bitcoin. Moreover, the advantages of bitcoin are increasingly highlighted because there are so many benefits for economic life or improving the finances of everyone who wants to be close with Bitcoin/crypto.
And when the state recognizes the existence of bitcoin or supports the existence of bitcoin, I think the longer it will be increasingly followed by other countries related to helping or advancing the economic life of its people.
So true of you, but the only concern I have been having is the way people now interpreted cryptocurrency to be, they see it as only investment too and the existing ones too that are creating these awareness are not helping the new users and enthusiast to see cryptocurrency beyond the investment part.And when the state recognizes the existence of bitcoin or supports the existence of bitcoin, I think the longer it will be increasingly followed by other countries related to helping or advancing the economic life of its people.
So, I am thinking that could be the problem why we are seeing all these rise and crash, people investing to see profit and at any slight show of profit thy, remove their money and then we witness a decrease, this shows we have more of investors as users, that institutions using it for utility tool.
By watching recent dump we can see that bitcoin is in strong hand
6% correction from yesterday high is not much
And we have news that Harvard pension is investing 5 mln in bitcoin through some crypto fund.And best news for me New York-based Flexa
So Bakktis not yet here but in May we can have large platform Flexa what will make possible to spend crypto at their favorite deli coffee shop or other product
https://www.theblockcrypto.com/2019/04/11/a-company-thats-trying-to-bring-crypto-spenders-and-merchants-togethers-snags-14-million-from-big-ticket-investors/
As for the future of what Spalding hopes to accomplish, he said the firm’s ambitions are to serve as a hub between cryptocurrency projects, merchants, and customers.
“A project will be able to come to us and say I want to be able to use your services, like Stripe, they can download the SDK, and spend their tokens through our system.”
6% correction from yesterday high is not much
And we have news that Harvard pension is investing 5 mln in bitcoin through some crypto fund.And best news for me New York-based Flexa
So Bakktis not yet here but in May we can have large platform Flexa what will make possible to spend crypto at their favorite deli coffee shop or other product
https://www.theblockcrypto.com/2019/04/11/a-company-thats-trying-to-bring-crypto-spenders-and-merchants-togethers-snags-14-million-from-big-ticket-investors/
As for the future of what Spalding hopes to accomplish, he said the firm’s ambitions are to serve as a hub between cryptocurrency projects, merchants, and customers.
“A project will be able to come to us and say I want to be able to use your services, like Stripe, they can download the SDK, and spend their tokens through our system.”
I think the bitcoin will go up more for a simple reason, more people will buy it, and also old investors will again invest on it and will wait for a bull run, and also most think buy this year and not next year when halving coming.
Yes, bitcoin will go up for something reason, If the old investor and new investor come back again and buy Bitcoin more. Bitcoin purchasing volume has increased significantly for some time now. Just wait for the jump and go to the moon.
I do not think this increase is related to this.
The real reason is probably increased demand and increased purchasing.
And that digital currencies have become popular.
In the coming days, it will rise further because it will reach all people.
Increased "demand" and increased "purchasing" isn't the real/actual cause behind the increase of the price. There is a reason for which the demand has increased. Now, this reason can be considered as the real reason of the price rise.The real reason is probably increased demand and increased purchasing.
And that digital currencies have become popular.
In the coming days, it will rise further because it will reach all people.
Fortunately, bitcoin and other crypto currencies don't need any kind of specific reason for the price to increase. The market is totally unpredictable and we never know what is going to happen. One of the reason of unpredictability is because of price manipulation. If the price starts to sky rocket all of a sudden, then there is a high chance that the price is rising due to the market being manipulated.
Is this will be the last push for BTC before got rekt again? Many bagholders who bought at $15K-$20K would sell their BTC to recover their losses at that level. It would be interesting if we see that BTC could rise past ATH.
I don't think it'll be the last push.
Bitcoin is here to stay. There'll be cycles, up, down, crash hard, rocket hard.
Last push could be $30K before we all get REKT again, lol.
You got the idea 
Being here for two years make me getting used to these ups and downs. Oh well, I'll try to be more positive for the next rally for the greater good.
In my opinion, this is a good potential for the cryptocurrency market.
I think that bitcoin can be benefited if the stock market will start to have a downturn and a price drop.
There is a high possibility if we see an economic crisis or a stock crisis to see a new flow of funds to the crypto market.
I think that bitcoin can be benefited if the stock market will start to have a downturn and a price drop.
There is a high possibility if we see an economic crisis or a stock crisis to see a new flow of funds to the crypto market.
That's where I'm putting all my hopes for the upswing by 2020 and comes with the different positive speculations from those 'analysis' that were published within different crypto news channels/websites. Bakkt launch last year was very popular until it was delayed, people get tired of it but the impact would be good IMO but I don't rely on it anymore unless we see it's main impact.
I like your optimism about SECs approval, you made me think that yeah they'll eventually approve it when everyone, every institution will start talking about bitcoin, crypto's, as in everywhere.
I like your optimism about SECs approval, you made me think that yeah they'll eventually approve it when everyone, every institution will start talking about bitcoin, crypto's, as in everywhere.
Halving mining reward in 2020 will most likely have an impact on the price. But we should bear in mind that in short-term is only about the psychological effect which will cause FOMO before halving, and in long-term ( +/- 1 year) could be the cause of new bull run (based on 2016 halving).
I like people like Tim Draper, he is focused on long-term predictions (3-4 years), and he was predict back in 2014 that price of 1 bitcoin will hit 10 000$ in next three years, which of course happened. A year ago he announced its next prediction, 250 000$ by 2022/23, and this was very brave from him - number is very big, and viewed from today's perspective does not look very realistic.
But he obviously understands how the system works, and that institutions will accept bitcoin sooner or later, as a means of payment, but also as a store of value. Bitcoin ETF will undoubtedly play a significant role in this process, and I think SEC is just waiting the right moment to make a positive decision.
What is important to understand is that great things do not happen overnight, bitcoin is still very young and new, but it definitely moves in the right direction.
I think the bitcoin will go up more for a simple reason, more people will buy it, and also old investors will again invest on it and will wait for a bull run, and also most think buy this year and not next year when halving coming.
Yes, bitcoin will go up for something reason, If the old investor and new investor come back again and buy Bitcoin more. Bitcoin purchasing volume has increased significantly for some time now. Just wait for the jump and go to the moon. 
The main reason from the people to get the next Bull Run is waiting only because we are waiting from a long period of time to get a fuse profit for investment so it will be more difficult to gain the profit in recent years and something will be changed it is important and it will happened now.
right, for those of us who don't have the funds anymore, of course waiting and being patient is the best choice, now the price has started to improve, but there is a correction again, because it is approaching the resistance area for bitcoin. hopefully the defense can be penetrated
The main reason Bitcoin will go up next in my opinion is because it will approach Bitcoin Halving which will happen in 2020, so prices will increase again, so I look forward to it and continue to collect Bitcoin from now on.
The main reason from the people to get the next Bull Run is waiting only because we are waiting from a long period of time to get a fuse profit for investment so it will be more difficult to gain the profit in recent years and something will be changed it is important and it will happened now.
Bitcoin price increases are always accompanied by the emergence of some good news including news that you pinned in this thread. I don't really predict the price of a news factor because I think that the price fluctuations in the crypto market are purely from the activities that occur by users and the increase is likely to continue if many investors and traders start entering the crypto market.
I agree with you that the market changes due to increased transaction activities and we cannot avoid that positive / negative sources of news can also affect market activities so that prices rise / fall
Bitcoin price increases are always accompanied by the emergence of some good news including news that you pinned in this thread. I don't really predict the price of a news factor because I think that the price fluctuations in the crypto market are purely from the activities that occur by users and the increase is likely to continue if many investors and traders start entering the crypto market.
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