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Topic: What factors make Bitcoin rise again? - page 2. (Read 2432 times)

sr. member
Activity: 854
Merit: 251
October 17, 2018, 02:29:43 AM
in my opinion many of which make the value of rising may be the higher the demand than sales, I think the development of crypto currencies depends on the investors themselves
sr. member
Activity: 728
Merit: 250
October 16, 2018, 10:08:44 PM
There are several factors which can cause bitcoin prices to rise, which include: psychological factors, political risks around national currencies, specific rules in several countries, governance of bitcoin and its innovations. But for now, bitcoin price analysis shows that positive media coverage is one of the main factors, which drives the price of bitcoin to rise again.
You probably forgot the most important reason about why the price of bitcoin goes up from time to time, this happens with each new update and advancement of the technology, we saw this in the previous year and every time a major upgrade is done to the bitcoin network then the price of it will go up.
member
Activity: 350
Merit: 11
October 16, 2018, 02:07:23 PM
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?

bitcoin has long been an existence and is the best digital currency, although in 2014 it had experienced quite difficult things and became the worst eye for uag. and finally in 2014 bitcoin prices could soar again and this is according to some experts due to several factors: Fear of Brexit.
newbie
Activity: 32
Merit: 0
October 16, 2018, 03:06:05 AM
I believe that factors that may help BTC to rise or gain more income is to people must be patience in waiting for the value to goes high. People must help one another in order for them to gain higher income than they expected. Also, people must be wise so that hackers will not easily get or scam their account.
There is only one factor and that is investment capital for the growth in price. I think that the price will never go up until the demand for it will not increase. Now people understand what crypto is better for investment and how much they need to buy some Altcoin. The price with bitcoin is that it is very expensive and small investors keep aside from bitcoin.
member
Activity: 406
Merit: 19
October 10, 2018, 06:53:15 AM
There are several factors which can cause bitcoin prices to rise, which include: psychological factors, political risks around national currencies, specific rules in several countries, governance of bitcoin and its innovations. But for now, bitcoin price analysis shows that positive media coverage is one of the main factors, which drives the price of bitcoin to rise again.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
October 10, 2018, 03:56:31 AM
which is a factor of rising bitcoin prices I think is very much, but the important factor of rising prices of bticoin is from the demand or buyer, without this role the price of bitcoin will be very difficult to rise, and being a supporter is some good news can accept payments using bitcoin, when these two roles exist then the price of bitcoin will be easy to soar.
sr. member
Activity: 719
Merit: 250
October 09, 2018, 06:44:14 PM
When the demand increase the price does. Adoptions in bitcoin could make the price grow and rise again. Even price is unpredictable we should never in panic sell. However, once we have more positive issues on bitcoin it could contribute to increase.
legendary
Activity: 1526
Merit: 1001
October 09, 2018, 06:19:16 PM
Bitcoin is an unpredicatable currency with a outmost character which has a volatile movement. You don't know when it rises or when it falls, and during fast demands the possible increase of value depends on how fast it grows due to massive adoption. If people would see the increasing value, they find it interesting that's why it attracts more people to buy bitcoin as their holdings. They thought that this will bring them good fortune in the future.
Yes, it is precisely that we cannot possibly predict Bitcoin price movements correctly. What will affect the price of Bitcoin is how the demand factor occurs. If more and more people are searching for and using Bitcoin then it is very positive for the development of rising Bitcoin prices and when more and more people do not believe and start leaving Bitcoin then the price will continue to decline.
sr. member
Activity: 714
Merit: 250
October 09, 2018, 05:23:11 PM
Bitcoin is an unpredicatable currency with a outmost character which has a volatile movement. You don't know when it rises or when it falls, and during fast demands the possible increase of value depends on how fast it grows due to massive adoption. If people would see the increasing value, they find it interesting that's why it attracts more people to buy bitcoin as their holdings. They thought that this will bring them good fortune in the future.
sr. member
Activity: 728
Merit: 250
October 09, 2018, 02:08:29 PM
I believe that factors that may help BTC to rise or gain more income is to people must be patience in waiting for the value to goes high. People must help one another in order for them to gain higher income than they expected. Also, people must be wise so that hackers will not easily get or scam their account.
This is never going to happen, every single person out there is trying to get more money, so they have the very same goals that you have and that money needs come from somewhere, so not everyone in this market is going to earn money, for every person that profits there must be a person that losses money.
member
Activity: 308
Merit: 10
September 28, 2018, 07:09:41 AM
More buyers. Bitcoin price goes up.

More sellers. Bitcoin price falls.
actually it's not just that the factor of the rise of bitcoin, many of the causes of bitcoin prices can indeed just go up and down anytime, the question here is the resurgence factor of bitcoin prices is not people, because if we see people keep quiet whatever happens with bitcoin, there some people who prefer prices go down because they can buy bitcoin at a low price, and all the people will be happier where the price of btcoin rises.
newbie
Activity: 36
Merit: 0
September 28, 2018, 06:35:35 AM
An ETF approval and 2020 halving will help the bitcoin price appreciate.
No, I don’t think so because ETF is a flop idea and most people are not interested to invest their money in ETF. Bitcoin itself is not popular yet in the entire world, how ETF will succeed. I do not understand this thing. People should be motivated to invest in bitcoin instead of ETF, it will be much better than anything else will. High sell of bitcoin will push bitcoin price upwards.
newbie
Activity: 30
Merit: 0
September 28, 2018, 04:37:19 AM
maybe the factor why the price of bitcoin has an up and down price movement is probably because of the information circulating in some media and for rising prices usually due to good news.
It is not depending upon good news but the real thing is market demand, now the good and bad perception has gone. Now we are just thinking and focusing on investments in order to make our output which will be better if it is Bitcoin.

Just look at the demand graph and notice increase in price after noticing increase in market demand. The price will go up and down with alteration in demand rate.
Yeah you are right, when more and more people come to know about bitcoin and also know the importance and benefits of bitcoin the will also buy some for their future or for general use as regular currency. By this way the value of bitcoin can be increased. Bitcoin trading could also be a factor of raise of bitcoin. The main thing is the use in local and international markets.
sr. member
Activity: 728
Merit: 250
September 26, 2018, 09:13:32 PM
One factor that is very important and that will make the price of bitcoin higher is that people begin to forget all the money that they lost at the beginning of this year, those memories are still very fresh on the minds of the people and that is why they are very reluctant to invest in the market, but as those memories fade people will be more willing to invest in this market.
newbie
Activity: 27
Merit: 0
September 26, 2018, 07:54:19 AM
which makes a factor of the increase in bitcoin prices may be due to good news and maybe also because of the higher demand that can make prices expensive and experience price increases.

I'm sure the mindset of bitcoin users today has developed and matured, so they aren't always affected by media coverage. And in my opinion, the increase in the price of bitcoin at that time was caused by the existence of buying action which was large in a number of markets. This thing of course can trigger high demand. In each transaction activity surely there will be two aspects that are interconnected, among others namely demand and supply. Requests and offers will meet each other and will form a meeting point in unit prices.
In my opinion people’s trust, high demand, high investment capital and the general use of bitcoin are the factors that cause growth in bitcoin price. if there is no demand for bitcoin how the price will go up? If people are not interested in bitcoin and they want to invest their money in Altcoin, the bitcoin price will never increase. So it is mandatory that more and more people will to put their money in bitcoin.
newbie
Activity: 83
Merit: 0
September 26, 2018, 07:17:08 AM
Bitcoin is a very phenomenal currency, so it's no wonder that today many are in the profession as a bitcoin trader. This thing is the main factor the rise and fall of bitcoin prices significantly. Usually, traders will buy large amounts of bitcoin at low prices, then save it for some time and will sell it when prices are high. At the same time, precisely when the process of buying, the price will certainly go up and the price will go back down when the process of selling bitcoin occurs. Plus, users who use bitcoin for other purposes are still few compared to users who use bitcoin only as trading.
I think that the use of biotin all over the world will be the main factor to raise bitcoin again. When you use your bitcoin wherever is possible more and more people will take interest when they know about digital currency. Finally they will also invest in bitcoin and thus the value of bitcoin will rise in the crypto market. It will take some time but one day it will happen.
hero member
Activity: 910
Merit: 509
September 25, 2018, 06:30:43 AM
maybe the factor why the price of bitcoin has an up and down price movement is probably because of the information circulating in some media and for rising prices usually due to good news.
It is not depending upon good news but the real thing is market demand, now the good and bad perception has gone. Now we are just thinking and focusing on investments in order to make our output which will be better if it is Bitcoin.

Just look at the demand graph and notice increase in price after noticing increase in market demand. The price will go up and down with alteration in demand rate.
full member
Activity: 602
Merit: 118
September 24, 2018, 05:28:35 AM
Bitcoin is a very phenomenal currency, so it's no wonder that today many are in the profession as a bitcoin trader. This thing is the main factor the rise and fall of bitcoin prices significantly. Usually, traders will buy large amounts of bitcoin at low prices, then save it for some time and will sell it when prices are high. At the same time, precisely when the process of buying, the price will certainly go up and the price will go back down when the process of selling bitcoin occurs. Plus, users who use bitcoin for other purposes are still few compared to users who use bitcoin only as trading.
legendary
Activity: 1218
Merit: 1000
September 24, 2018, 01:09:57 AM
which makes a factor of the increase in bitcoin prices may be due to good news and maybe also because of the higher demand that can make prices expensive and experience price increases.
of course there are many factors to be a reason to make bitcoin prices rise. one of them is a large company that accepts bitcoin, or good news about bitcoin. Small things can also make bitcoin prices rise even though slowly.
hero member
Activity: 988
Merit: 1000
September 24, 2018, 12:19:34 AM
An ETF approval and 2020 halving will help the bitcoin price appreciate.
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