Topic: What factors make Bitcoin rise again? - page 5. (Read 2432 times)
I think is because so many people getting know about bitcoin then they're started to buy bitcoin, if more people buying bitcoin I think the price will rise up but if more people selling bitcoin then the price will decrease badly.
More buyers. Bitcoin price goes up.
More sellers. Bitcoin price falls.
Actually, if there are many buyers and investors the price will probably increase simply because it will affect the demand to increase also. In addition, We all know the fluctuation of supply and demand is the main reason why the price is rise and down. I hope in the end of this year the price of bitcoin will fully recover and it will keep on rising.More sellers. Bitcoin price falls.
yeah, a lot of us are hoping that bitcoin price will recover again and hoping it will surpass its current ath price before. I will keep hoping and believing that all of this will become possible again.
More buyers. Bitcoin price goes up.
More sellers. Bitcoin price falls.
Actually, if there are many buyers and investors the price will probably increase simply because it will affect the demand to increase also. In addition, We all know the fluctuation of supply and demand is the main reason why the price is rise and down. I hope in the end of this year the price of bitcoin will fully recover and it will keep on rising. More sellers. Bitcoin price falls.
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?
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?
The idea and the concept of bitcoin are in the objective and purpose of improving the quality of transferring funds and avoiding hassle double spending transactions (between the receiver and the sender) without any third party; thus, it may pave its way to an internet-based innovation strategy for business transactions and operations. There, the need of a stable and known crypto such as Bitcoin may be necessary. In light with such opportunity, Bitcoin hodlers are at an advantage pace; because, it will yield to an increase of price again.
The entry of institutional investors into the Bitcoin market has also served to increase the price of Bitcoin. In April, it was reported that the $26 billion-dollar Soros Fund was preparing to trade Bitcoin. George Soros isn’t the only big-name fund getting into the market as the Rockefeller family fund is also reported to be eyeing up a foray into the market. institutional investors contribute greatly to legitimizing Bitcoin as an asset class. According to Eiland Kowala, the CEO of the Kowala blockchain platform, the entry of big VC and hedge fund firms into the market is creating a different type of interest in the market.
Many regulatory bodies like the SEC are shining the spotlight on ICO tokens, trying to determine whether they are utilities or securities. Bitcoin doesn’t fall into any of those categories and as such, it isn’t affected by such attention. As a result of the uncertainty in the majority of the altcoin market, Bitcoin represents a safe bet for crypto investors.
Bitcoin has risen and I think there will be a big rise by the end of this year. Probably the factor that makes such bitcoin a power more than its users. What I mean is that the number of bitcoin demand is increasing and this is a tendency for the community. So it's possible that the amount of demand affects the market.
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?
Regulations are the main factor behind the crash, once clear laws and policies become established, then the price will naturally rise. It won't hit $20,000 again this year, but if the governments are willing to reach a middle ground for the crypto community, then we will most likely see better market prices with organic growth, not artificially manipulated pumps and hundreds of scam ICO's.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?
The more regulatory action we see, the safer investors will begin to feel, but the more centralized the initiative becomes. It is really a constant tug of war. Be a hero long enough, and you will begin to see yourself become more and more like the bad villain.
Price depends on the economic term of demand and supply condition. If bitcoins demand increase then price will also increase because we know bitcoins supply is limited.
I think that this happens simply because bitcoin is still the most popular cryptocurrency, and if the market starts to grow, it is more often with bitcoin. All the more good news about the fact that the cryptocurrency is accepted for payment in Samsung stores in Tallinn, Riga, Vilnius and Kaunas.
The price of bitcoins is determined by the supply and demand factors in the crypto currency market, and every year the price of bitcoins does not remain constant it keeps on changing and increases every year which is good for long term investors. As the bitcoins are in the asset class there will be always be a hike and drop in the market which is quite normal in all the financial market like stock and share market, so when there is a dip in the market there will also be a hike in the market which is good for all the investors of bitcoins.
any positive news make the bitcoin price goes up, because many buyers go and buy bitcoin as an opportunity investement for them
Yes the positive news make the bitcoin rise up because many investors are believed and have trust to buy and start to invest in bitcoin cause they have big opportunity to make there future become success. Positive publicity; thereins would restore confidence in the market and attract more investors.
With little rise, and a lot of FOMO the market can bounce e back.
With little rise, and a lot of FOMO the market can bounce e back.
I agree, positive publicity could be one contributing factor but at the same time more investors getting on the market and more buying over the selling.
Positive publicity; thereins would restore confidence in the market and attract more investors.
With little rise, and a lot of FOMO the market can bounce e back.
With little rise, and a lot of FOMO the market can bounce e back.
Bitcoin has been in the news lately and those news are positive news, which are capable of boosting the confidence of new investors to invest in bitcoin and also some big companies like Samsung has start accepting bitcoin as a mode of payments in some countries. And again any time you see a Sharp rise in the price of bitcoin then you should know the the level of demands for bitcoin has increased.
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?
There are many reason why the price of bitcoin rises, great example would be the validation of bitcoin as a currency or mode of payment on some companies and business establishments. As a result of that occurence, the demand rises as the investors buys bitcoin in a continous rise of price. Good news are also part of increasing price of bitcoin because it attracts more investors since we are on a crash these past few months. 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 the factors that made Bitcoin rise again are that we know Bitcoin is very sensitive to positive market news in recent days. The appointment of David Solomon as the new CEO of investment bank Goldman Sachs US (formerly holding director of operations) is said to be positive news that increased sharply today. Last month Soloman said that Goldman is considering adding more bitcoin-related services and digital money besides. Another news is that Coinbase's announcement in the SEC's and FINRA's approval of the three acquisitions is near Best. This made it even closer to becoming the first digital money exchange managed by the SEC in the United States.
Many bitcoiners hope that as the financial services industry is betting on bitcoin, prices will rise again to high levels in December last year, and possibly even higher.
Many bitcoiners hope that as the financial services industry is betting on bitcoin, prices will rise again to high levels in December last year, and possibly even higher.
I think those who has enough of the bitcoin in their custody determines the market price and also the regulatory bodies in the crypto market.
The price of Bitcoin has dropped to around $7,000 in the last few days, after almost hitting $18,000 in the past month, and rising over 300% since 2017. All of this shows how volatile the currency is, prompting the question that what causes the rise and fall of bitcoin. Regulators around the world have had to catch up to the rise of Bitcoin. They must decide, for instance, how it will be treated by the tax system, or whether and what regulation applies to its use.
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?
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?
Most likely huge news will help bitcoin price to perform a rally again.
It could happen when SEC approves bitcoin ETF's, it also could happen due to any other big news, but nobody really knows which news will push the market again.
I have no doubts that bitcoin just as the whole crypto market will be just growing year to year, as crypto already went mainstream and good news will only heat up this popularity.
watched the expert's opinion and his analysis of bitcoin, now many are already entering a long, and this to the growth of his
Can you Share some of those opinion.... Please i wanna know more from the expert.
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