What factors make Bitcoin rise again? - page 6.

royalparade01

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Quote from: Chacha1000 on July 19, 2018, 10:54:05 AM

Several factors can make bitcoin to rise again even faster than we think ,they main one is when people hold it for long and not just after dumping it at every rumour they hear

In my own opinion, this will not go beyond 10k anymore in short-term. The market is now exhausted and got injured during the crash (some would say a hardcore correction) that continues since end December. So, I would lower my expectation from the market for now. The recovery process takes months or years until the market gets the investors’ trust back.

ginobitcoiner

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many things that can affect the price of bitcoin, the factor that most mengangarar bitcoin prices is due to the many bits of bitcoin and the holders stick with the price they want so that bitcoin prices increase in accordance with the will of the holders bitcoin

LKingLion

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Quote from: First77 on July 18, 2018, 10:18:48 AM

More buyers. Bitcoin price goes up.

More sellers. Bitcoin price falls.

Because the more buyers the more price increase if the traders does not give up their strong belief of rising.

The more sellers the more computations of different kinds of prices to ask and bids. So First77 was right it affects the price of bitcoin to increase because of buyand sell factors.

rlm42

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In a few words - The price will go up if demand dominates the supply.
Well, it's will be rather important if the developers fix some blockchain disadvantages, finally something will do with fees, this will accurately reflect on the BTC price for the better.
Bitcoin needs positive news for an extraordinary price growing.

awosesun

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I think many people are scared now, they dont know what the future hold for bitcoin and some other altcoin. Like i used to tell my colleague at work about crypto generally, they just laugh at me. Am praying for crypto to do wonder in my life so that i can leave them in the job, i know by that time, they would want to join crypto and it may probably be late by then.

AnnaGeraMsk

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watched the expert's opinion and his analysis of bitcoin, now many are already entering a long, and this to the growth of his

anrian062

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its simply because of supply and chain of bitcoin instead. But if you ask about why people suddenly reinvested in btc market after it dropped. Then my opinion is another fork or good upcoming news for btc/crypto market. But some people said it was WorldCup that make btc price down and after that people start investing again.

decidedung

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People must be wise so that hackers will not easily obtain or deceive their account. What happens with recent bitcoin price increases is due to the large amount of good information coming to electronic money. Some people think that bitcoin price increases are due to ETF news, and I agree with it.

Vsamuel

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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?

While many people may post that Bitcoins sudden rise in Price may be due to increasing demand and limited supply of the coin in the cryptospace, I am of the view that, demand and supply actually has less significant effect on the increase price of the coin.

In my opinion, i believe Bitcoin price is largely manipulated by Bitcoin internal governance. A typical look at the price graph of the coin will give you a deeper understanding of how the internal government of Bitcoin manipulated the price to stir the spirit of investment and make the coin more desirable.

Obviously they decide when to bring the price of the coin down or send the price up. Their influence on the market price of the coin, i think is actually the only reason or factor that cause Bitcoin prices rises at a particular period of the year and depreciates.

James Fleming

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Blockchain is now at the center of the attention.
More and more people are joining the bitcoin revolution.
More and more services can now be payed with bitcoins.
More and more years of existence are proving the sustainability of the technology.
Financial institutions are now aware of the existence of the bitcoin.
And the bitcoin supply is limited, so the price keep rising.

Sydney Chapman

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The problem with an asset like Bitcoin, decentralized, uncontrolled, completely anarchic, is that it’s so new that nobody is sure what could happen. Or better, nobody who can’t understand economics dynamics (without being stuck to old school trash) and programming.

Jackolantern

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I think that the obvious reason which will influence its rise will be the huge popularity. i think that btc will become the best one for many years and maybe forever even instead of dollar

Olga1111

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All positive news makes the price of bitcoin rise because many buyers go and buy bitcoin as an investment opportunity for them.

jaaeeeyyyy

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Quote from: Kakmakr on July 21, 2018, 01:08:34 AM

Positive news = Increased interest in the tokens = higher demand = higher price. It is as simple as that. Bitcoin is pseudo anonymous, so we will never know who is buying a lot of coins and where this higher demand is coming from, because a lot of these coins are not bought on exchanges where people are identified.

Prices are also influenced by people who are buying coins on other platforms, because these volumes reduce the overall supply of coins in circulation.

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 rise again. Bitcoin will surely increase as time passes by.

Bitcoinnumberone

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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?

The Bitcoin price is expressed as an exchange rate in relation to another currency. At the time of writing, just over 13 million bitcoins are in circulation, meaning that an additional 8 million bitcoins will be mined over the next 95 years. Given this timescale and the decelerating rate of increase of the coinbase, the supply of bitcoin can, for practical purposes, be assumed to be constant. If you use or buy bitcoin the value will increase again.

noictib

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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?

The main reason of the increase in the price of the bitcoin is because of the long term postive news and legalisation of the bitcoin and of another cryptourrency ( for example in Thailand) .
So here we should tie seat belt to fly with the price again , because now in these days a new country is going to legalize cryptourrency and that will surely give pump to the bitcoin price .
And also here lots of chances that even that country ( for which I am talking to legalise bitcoin) if not leglise then surely price will go up because the main reason is that in present time people have full knowledge that how manipulation works and how to remain safe from such things and also in present time most of the bitcoiners are full of patience and not will easily sell Thier hodls .
So wait for the $20k=1btc price atleast soon in this year .

Zeque02

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I think, the factors that bitcoin rise again is it because of the number of investors who invested. We all know that bitcoin price is unstable so everything really happens. Rise and fall is normal in bitcoin.

Rodeo02

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Quote from: KenChanYu on July 22, 2018, 01:17:11 AM

Quote from: btccoffee on July 22, 2018, 12:46:50 AM

Hope more people want to buy bitcoin than selling it so that bitcoin price will start to goes up again and finaly goes up and conquer the current all time high price that he has been last year.

I believe that bitcoin is back on track again, but I'm hopeful that it can potentially go higher. With good news, increasing number of investors, and adoption of other countries made its value and demand to increase. However, we should learn to familiarize and accept its real nature for us to be aware and be educated enough to face its challenges, and its volatile market.

on how does bitcoin rise again are very common thing to happen and there is always a possibility for this on how it can be able to rise , the real thing on it is how may ever come to bitcoin that it may have to stay remain for its rise cause even that we can be able to see the rise of it there is always a chance for this to down again. There is a lot of factor for its rise.

richkid3001

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I’m starting to worry that one day it will rise again but during those rises sec will come in more. An while that happens a lot of criminals/ scams will be revealed an it will be hard for a bit to rise.

khaled0111

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Bitcoin is too volatile and always rise and drop sharply.
News and rumors are the most affecting factors.
When a big company announces that it will start accepting Bitcoin, people start buying and the demand on cryptocurrencies rise accordingly.

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