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Topic: What factors make Bitcoin rise again? - page 15. (Read 2432 times)

member
Activity: 518
Merit: 11
July 19, 2018, 10:41:36 AM
#14
I think a bit of FUD is a factor that makes bitcoin high.

no news fake, no sales in big capacity, but I think panic and few people who buy bitcoin also become factor that bitcoin rise slowly.
full member
Activity: 1218
Merit: 112
July 19, 2018, 10:36:26 AM
#13
I think the main factor is bitcoin is getting very popular day by day, despite that fact that there have been a lot of negative news about bitcoin, it has gained a lot of ground over the past one year.
newbie
Activity: 112
Merit: 0
July 19, 2018, 10:33:26 AM
#12
Bitcoin is a technical currency that influences and influences, for example, the dynamics of market policy, the reliability of digital currencies, Bank and government books will affect bitcoin prices
jr. member
Activity: 184
Merit: 1
July 19, 2018, 10:27:07 AM
#11
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 think because of the more bitcoin use and growing also hence the bitcoin price increases every year and also more and more new investors who want to invest in it. Countries that receive bitcoin are also the main factors why bitcoin prices can rise dramatically.
full member
Activity: 434
Merit: 101
July 19, 2018, 10:26:41 AM
#10
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?
No doubt and very noticeable, the start of quarter 3 of the year is always a good time for bitcoin and the whole market, this where the buyer's instinct simultaneously generating one idea of a purpose and that is to make profit after investment. Mainly the factors are high demand from buyers and lots of bitcoin holder.
jr. member
Activity: 322
Merit: 1
July 19, 2018, 10:26:00 AM
#9
If ETFs are not launched in the US, then they will be launched in another country. This will lead to growth in any case. Most likely this will happen before the end of 2018
newbie
Activity: 54
Merit: 0
July 19, 2018, 10:24:40 AM
#8
Basically its value depends on the demand. More people buy the price increase in value. As interest to bitcoin growns the value also grows. The users are a big factor in the price.
jr. member
Activity: 31
Merit: 1
July 19, 2018, 10:23:34 AM
#7
More buyers. Bitcoin price goes up.

More sellers. Bitcoin price falls.

Op is asking more regarding why more buyers thus increasing price.

The recent increase is mainly because of Goldman Sachs declaring that they may enter into crypto soon. It means billions will be invested into crypto market.
member
Activity: 280
Merit: 60
July 19, 2018, 10:21:54 AM
#6
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 no longer a secret anymore if at the end of each year bitcoin always rise in price. Maybe this year will start in August, and because already many people know this then people will compete to buy bitcoin at the cheapest price in this month to get the benefits later. Look at it later, but that does not mean the price will always go up, of course to reach ATH requires several times the correction.
member
Activity: 322
Merit: 10
July 19, 2018, 10:21:08 AM
#5
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
newbie
Activity: 73
Merit: 0
July 19, 2018, 10:12:42 AM
#4
Many good factors are contributing to Bitcoin, it will rise more.
newbie
Activity: 42
Merit: 0
July 18, 2018, 12:58:15 PM
#3
There are many reasons for the BTC to increase as large buyers buy in large quantities
member
Activity: 266
Merit: 32
July 18, 2018, 10:18:48 AM
#2
More buyers. Bitcoin price goes up.

More sellers. Bitcoin price falls.
newbie
Activity: 73
Merit: 0
July 18, 2018, 10:04:16 AM
#1
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?
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