Topic: The Bitcoin price increase has three factors. - page 3. (Read 533 times)
I think main factor of increasing bitcoin is of course high demand. if that happens then there will definitely be a price increase, because the higher demand, buyer will increase purchase value
The point is that if the price of bitcoin wants to survive, then we have to save bitcoin in our wallet, and we cannot sell the BTC. But keeping btc in your wallet for free is not the goal of people, their goal is to save btc because they are waiting for high btc prices, after high then they sell the btc again.
No. 1 is the amount of transactions between buyers and different people. For example if you have 100 BTC you want for $ 1, but someone with 100 BTC want to sell for $ 2, the value it will increase so.
your "want" doesn't increase the price at all. it will be increased if someone actually fulfills your "want". for example right now price is $6.5k and i have 100BTC and want to sell it at $1 million each, that doesn't increase the price because people aren't going to pay me that much. but they are willing to pay $6.5kin other words if you buy price will go up.
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Secondly because of the rare bitcoin copper, and the need to use BTC for various purposes so many people need BTC that makes the BTC increase.
i have no idea what this even means 
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Third, by speculation, those who have money to inject money into the market and use FOMO tactics to entice more and more people into the market, the price will be pushed up.
any form of manipulation is only going to affect the market temporarily. you can't expect FOMO rise to stay just as you can not expect a panic sell drop to stay.Quote
There are many other factors, but only focus on the three main good.
these aren't "main" factors affecting bitcoin price. these aren't even important.
No. 1 is the amount of transactions between buyers and different people. For example if you have 100 BTC you want for $ 1, but someone with 100 BTC want to sell for $ 2, the value it will increase so.
Secondly because of the rare bitcoin copper, and the need to use BTC for various purposes so many people need BTC that makes the BTC increase.
Third, by speculation, those who have money to inject money into the market and use FOMO tactics to entice more and more people into the market, the price will be pushed up.
There are many other factors, but only focus on the three main good.
Secondly because of the rare bitcoin copper, and the need to use BTC for various purposes so many people need BTC that makes the BTC increase.
Third, by speculation, those who have money to inject money into the market and use FOMO tactics to entice more and more people into the market, the price will be pushed up.
There are many other factors, but only focus on the three main good.
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