What factors make Bitcoin rise again? - page 10.

Golftech

hero member

Activity: 2128

Merit: 520

Quote from: Otsu on July 21, 2018, 04:06:12 AM

Quote from: CryptoKing1992 on July 18, 2018, 10:04:16 AM

Bitcoin prices rose sharply today, climbing past $7,000 and rising to their highest since June as strong momentum drove gains.
The digital currency's price hit $7,440.25 on the CoinDesk Bitcoin Price Index (BPI), up 11.7% gain from the daily low of $6,663.03.

Link: Bitcoin surge: multiple factors contributing to the rally?

What factors make Bitcoin rise again? Will it continue to rise?

Probably, the main factors that affect the price of bitcoin to rise again is, there are more people who have invested on it. Usually when there is a demand, the price will gets high. And if more people will continue to buy this, I'm sure it will also continue to increased.

Yes it can rise if more people buy it and hold, but if they will buy and sell right away the value will not increase that much, aside from more good news bitcoin also needs strong holders, those risky people who can take the volatility and continue being patience holding their coins and wait till it go back
to the moon, it will happen we just need to start holding and influence more people to do the same.

absurde

jr. member

Activity: 532

Merit: 5

Regulations will show the way for cryptocurrency but if there is one thing should be !
Fresh money should come to market, othervise price will not rise. (not only Btc, all market)

1goldhunter001980

newbie

Activity: 115

Merit: 0

Quote from: CryptoKing1992 on July 18, 2018, 10:04:16 AM

Bitcoin prices rose sharply today, climbing past $7,000 and rising to their highest since June as strong momentum drove gains.
The digital currency's price hit $7,440.25 on the CoinDesk Bitcoin Price Index (BPI), up 11.7% gain from the daily low of $6,663.03.

Link: Bitcoin surge: multiple factors contributing to the rally?

What factors make Bitcoin rise again? Will it continue to rise?

I believed the increasing number of investors will really help to improve the market of bitcoin and it can be done once other countries accept and legalize the use of its people.

ziro cent

newbie

Activity: 238

Merit: 0

The rising demand for buyers seeing the potential in BTC and profitability on the growing end each day, is the sole factor.

ucb94

newbie

Activity: 126

Merit: 0

Main depending factor of price of bitcoin is demand on it. And much more factors are affecting to increase or decrease of price of bitcoin.

Markettoken

newbie

Activity: 84

Merit: 0

may be affect the price of bitcoin rise again is the public awareness that the bad news that has been circulating is not true and actually the bitcoin remains safe trusted and profitable.I think the fall in bitcoin prices on yesterday is just a process in a trade and that is very useful for the traded value

zubrr51

member

Activity: 294

Merit: 11

The noise in the press and media, as well as the confirmation of the ETF, will give Bitcoin a new impetus for growth.

Bugatti73

member

Activity: 616

Merit: 10

Sometimes people just need to sell the currency because they have the circumstances of that period of life!

LedrookETH

newbie

Activity: 84

Merit: 0

Price in any investment market is determined by the supply and demand factors mainly. I think the price of bitcoin rises due to increase in the demand of the bitcoin. Since demand is higher with a limited supply so such increase in the price is expected.

clonely

member

Activity: 490

Merit: 10

SEND AND RECEIVE MONEY INSTANTLY

The ETF may be the beginning of a rebound for Bitcoin. There is very little time for this. We'll find out soon.

[email protected]

newbie

Activity: 17

Merit: 0

Maybe it was a fake signal after the World Cup. Money laundering increased the volume of Bitcoin transactions but only temporarily

Otsu

full member

Activity: 546

Merit: 100

Quote from: CryptoKing1992 on July 18, 2018, 10:04:16 AM

Bitcoin prices rose sharply today, climbing past $7,000 and rising to their highest since June as strong momentum drove gains.
The digital currency's price hit $7,440.25 on the CoinDesk Bitcoin Price Index (BPI), up 11.7% gain from the daily low of $6,663.03.

Link: Bitcoin surge: multiple factors contributing to the rally?

What factors make Bitcoin rise again? Will it continue to rise?

Probably, the main factors that affect the price of bitcoin to rise again is, there are more people who have invested on it. Usually when there is a demand, the price will gets high. And if more people will continue to buy this, I'm sure it will also continue to increased.

alex M

newbie

Activity: 166

Merit: 0

Quote from: MAJICOIN on July 21, 2018, 01:10:31 AM

for me the factor behind the bitcoin rise is the legality of this coin if countries allow bitcoin in the Africa Asia and Europe fully allow bitcoin the price will boom and bitcoin will rise at record level.

The factors that primarily make bitcoin rise is the increase in demand. And this can't be actually realized if adopters and investors will decrease. If many businesses will accept bitcoin and used as a way of payment, demands will get high in the market. And with limited supply of bitcoin, the price will then rise up continuously.

ShakingCoin

newbie

Activity: 75

Merit: 0

Generally the market of crypto currency as well as any investment markets is affected by demand and supply in the market. Recently the demand of the bitcoin has increased and the supply is also limited which has made the price of the bitcoin to rise.

Alexmagn84

member

Activity: 517

Merit: 10

Definitely will rise soon,is the lower price like this many investor and holder. Because lower price can be makes us good profit. But now have to bitcoin lower price everyday and running long days.I think lower price hope soon end then quickly got it higher price.

Noilee

full member

Activity: 532

Merit: 101

Quote from: ucingucingan on July 19, 2018, 10:21:08 AM

there may be new investors who buy bitoin in large quantities that affect supply and demand that will automatically impact on bitcoin price increase, is now starting to return many investors are looking at bitcoin to invest because already many countries accept bitcoin

Maybe there are more investors are go invested in bitcoin especially now that they can afford to buy at the lowest price, and the affect is bitcoin price will rise again. There are also other countries are already legalize or regulate bitcoin, so bitcoin is already indemand, i think this is the factors that bitcoin rise again.

Ekimzjames20

member

Activity: 348

Merit: 10

Quote from: ?? on ??

Quote from: CryptoKing1992 on July 18, 2018, 10:04:16 AM

Bitcoin prices rose sharply today, climbing past $7,000 and rising to their highest since June as strong momentum drove gains.
The digital currency's price hit $7,440.25 on the CoinDesk Bitcoin Price Index (BPI), up 11.7% gain from the daily low of $6,663.03.

Link: Bitcoin surge: multiple factors contributing to the rally?

What factors make Bitcoin rise again? Will it continue to rise?

It is probably because there are more investors and more bitcoin can circulate in the market, it is like in economics where as if the thing is popular or more people will buy it, it will be at its price peak. And it is what is going on to bitcoin as of this moment. But not really on its peak it is only starting to riss again. Bitcoin will surely increase as time passes by.

I think one factor that make bitcoin rise is when the demand in our market is getting higher. If many investor want to invest or buy bitcoin. And it is not far to happen because as of now bitcoin is so popular.

Lazada

sr. member

Activity: 686

Merit: 250

Quote from: CryptoKing1992 on July 18, 2018, 10:04:16 AM

Bitcoin prices rose sharply today, climbing past $7,000 and rising to their highest since June as strong momentum drove gains.
The digital currency's price hit $7,440.25 on the CoinDesk Bitcoin Price Index (BPI), up 11.7% gain from the daily low of $6,663.03.

Link: Bitcoin surge: multiple factors contributing to the rally?

What factors make Bitcoin rise again? Will it continue to rise?

Many factors influence the current increase in Bitcoin prices. One of the most influential factors is the increased trust in Bitcoin.
Bitcoin has now gained confidence, after many people have experienced panic when the price of Bitcoin declines.
In addition, a price manipulation conducted by several large groups would greatly affect the price movement.

pushups44

sr. member

Activity: 854

Merit: 281

There has been a lot of fear-mongering in the media, associating bitcoin with criminals and emphasizing hacks. However the technology continues to progress, and sooner or later the bull market will resume. I believe the approval of a bitcoin ETF may be a catalyst in the market for another bull run.

abiola4real

newbie

Activity: 210

Merit: 0

Bitcoin cant be predicted now because of many manipulation by whales, its very easy to predict then when denand makes the price of bitcoin to rise.

Topic: What factors make Bitcoin rise again? - page 10. (Read 2436 times)