The increase of price in bitcoins is due to the mass adoption in all over the globe and you might have heard that japanese government have started using bitcoins and removed the taxes on bitcoins.
It is quite evident that it had led to the increase price of bitcoins,well another conformation from SEC is coming ahead on 15th of may ,well that even could have lead to the increase rate of price in bitcoins.
Topic: Reason of increasing bitcoin price - page 3. (Read 3293 times)
Increase in demand makes price go up. Bitcoin's supply is limited and follows publicly known formulas. Increased usage in a country like Japan increases demand for a limited supply.
The bitcoin holders ware increasing so the demand of bitcoin is increasing so the price also increasing with a not enough supply because the other bitcoin are not yet mine and you need to wait 4years to mined so that you can also controll the bitcoin that can exist.
Increasing demand of bitcoin in the community also the supply of bitcoin there are limit of bitcoin every four years to control the bitcoin and the bitcoin user are increasing so the demand of bitcoin is also increasing.
The supply of bitcoin is always limited to 21,000,000 BTC so you do not need any extra control to limit the bitcoin every four years,i do understand what you are trying to tell here,every four years there is halving in the number of rewards a miner gets for helping the blockchain,the user demand is the single reason the price of bitcoin is increasing.
Increasing demand of bitcoin in the community also the supply of bitcoin there are limit of bitcoin every four years to control the bitcoin and the bitcoin user are increasing so the demand of bitcoin is also increasing.
Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
We are rapidly moving towards mass adoption and everyone wants to have his/her share of bitcoin.This IMO is the reason but do not think that bitcoin not going to fall.A correction is on the cards. 
the only reason which is in my mind is the approval of japan for bitcoin in their country as with that approval the people of that country started to believe strongly on bitcoin and they started to invest in bitcoin if other countries will also approve bitcoin then the price will increase more higher.
I definitely agree with you, When countries start to accepting bitcoin like one of local currencies, then automatically bitcoin price will increase more. Because a lot of people start to use it, and then believe and trust it. Online and fast transactions without a lot of fees and anonymously. It's a great things for people. I Hope that many countries start to accepting bitcoin like a local currency in the near future.
the only reason which is in my mind is the approval of japan for bitcoin in their country as with that approval the people of that country started to believe strongly on bitcoin and they started to invest in bitcoin if other countries will also approve bitcoin then the price will increase more higher.
If legalizing bitcoin in one country could move the price of bitcoin this much just consider how much the price of bitcoin will reach when all the countries in the world starts legalizing bitcoin 
we might have to split down the coins further to accommodate the price, on a serious note i hope that the scaling issues will be settled and when we started seeing more investors the transaction gets stuck and without any changes to it the price wont have a major push,Japan legalizing bitcoin and SEC considering an ETF approval are the things that comes to my minds thinking about the price rise.
the only reason which is in my mind is the approval of japan for bitcoin in their country as with that approval the people of that country started to believe strongly on bitcoin and they started to invest in bitcoin if other countries will also approve bitcoin then the price will increase more higher.
If we could predict what the prices would be, all of us would be multi-millionaires. 
....Bitcoin is not predictable and this is how it should be.
There are Bitcoin Whales that might influence the price a bit, or even a group of them... but the outcome is never 100% what they might have
planned... so it carry some risk. Bitcoin is also not the only commodity/currency that are not influenced by Whales.
....Bitcoin is not predictable and this is how it should be. There are Bitcoin Whales that might influence the price a bit, or even a group of them... but the outcome is never 100% what they might have
planned... so it carry some risk. Bitcoin is also not the only commodity/currency that are not influenced by Whales.
Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
Bitcoin's price is actually based on the current demand for bitcoin as well as the current supply of bitcoin. The demand and supply are cross-referenced and with some computation, we will know the price of bitcoin. As based from the law of supply and demand, we will see an increase in bitcoin's price if the demand rose up but the supply, in circulation, is not enough to accommodate every demand. With this, we can say that bitcoin's price is unpredictable. We cannot say when it will increase and when it will decrease.
Nobody can actually predict what will be next market move but you can be sure that overall trend for bitcoin price will be uptrend. You can look at trading chart for last few years, you will only see bullish trend with occasional correction.
Actually this what confuse me a lot , how can i have right prediction about two or three market in the same time despite the trend around some of them . i failed many times due to follow the steps of spammers \hype around them . Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
The current reason why bitcoin price increase is due to the adoption of Bitcoin in Japan. There is a thought that Japanese are having a fomo right now because of the current acceptance of Japanese government plus the removal of consumption tax to Bitcoin. There is also some new about major company in Japan moving in to join Bitcoin economy. Aside from that, the announced SEC review on ETF decision is quite pushing the price too.
In predicting the price of bitcoin, we can have the news and certain action of big player in the industry. They are good reference for bitcoin price movement.
Well Earlier this year it was china who made Bitcoin price rise to nice heights and now Japan News of adapting bitcoin making it rise to another level. I wonder when more countries legalizes bitcoin how much greater impact it can bring to bitcoin price rise.
I can say(probably) that the rate of transition bitcoins had been in these previous years does have the biggest impact on what it is today. For there are people who were eager to help bitcoin develop further in order for it to maintain its status. Actually influence is not problem since everything the went viral(for most cases) can also influence other just like bitcoins, that when someone who normally not interested became the one who is using it.
Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
Actual reason of the price incresae is the demand, but what triggers the demand are vary and we can't pinpoint the accurate one. On the other hand, we can asssume what is the reason behind the increase or decrease of bitcoin price by taking a look at any possible news or events that currently revolving with bitcoin.
How you can predict it? No you can't. Your future decision will only be based on your own analyzation and guts to face the associated risks of buying and selling.
Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
In my opinion, no one can say authoritatively that this is the particular reason why the increase in price of bitcoin is being witnessed these days because there are several factors that work together for the advancement of a particular course. For me, I think it's due to adoption we see from Japan although the increase was not immediate as the news but this could be due to penetration which the increase is just reflecting after a while.
Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
I guess enough people have already told you the reason for present hype in price. So I would specifically come to second part. The clear answer is - impossible.No one in the whole world is capable enough to predict bitcoin pricing accurately. It is primarily because of two factors-
1. The number of buyers & sellers in market is numerous. So share of single buyer/seller is negligible and he is not in power to manipulate price. However, there are parties with big reserves of btc and are in power to drive prices but still they can't predict btc future rightly.
2. There are several short-run factors which unexpectedly drive up/down bitcoin prices. Such contingencies are generally unforeseen.
Nobody can actually predict what will be next market move but you can be sure that overall trend for bitcoin price will be uptrend. You can look at trading chart for last few years, you will only see bullish trend with occasional correction.
Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
The actual reason of bitcoin price is, those some country that not accepted bitcoin is trying or started to adopt bitcoin. There new number of people that wanted to invest and that the reason why its increase and we can predict in that way.
There's no way to be sure how the price will do. Everyone predicts Bitcoin will reach another ATH with another halving, so i'd rely on that and invest if you're considering it now.
Don't worry if the price falls a bit, those are usually random events caused by people cashing out their profits after a big rise.
Don't worry if the price falls a bit, those are usually random events caused by people cashing out their profits after a big rise.
Jump to: