What factors make Bitcoin rise again? - page 9.

fantasticX5

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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?

If we can make a good news about Bitcoin that can ignite those investors to buy in huge amount that will make the price surge to go up and make others to ride the rally. Same what happened last year as it reached to a $20k price of bitcoin.

Gabriel1991

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There are many ways that helps BTC to increase again. First of all we need to change our attitude towards bitcoin. Right now we all have negative attitude towards bitcoin. Only our positive attitude can help the BTC increase again as well as other cryptocurrency.

wildflower18

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Quote from: gesdan on July 21, 2018, 09:13:50 AM

i don't know about the factor that makes bitcoin price rise again, but i think its a whale that buy a bitcoin with high amount, that makes the stock in the market is decreasing and makes the price of bitcoin increasing, we don't know what is happen, but if its really a whale its not safe for us to invest on bitcoin

Actually there are many factors that make bitcoin rise again so whales could contributes and also more adoptions. Good news about bitcoin may help to rise so for that we should really accept the truth that their is volatile happen.

gesdan

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i don't know about the factor that makes bitcoin price rise again, but i think its a whale that buy a bitcoin with high amount, that makes the stock in the market is decreasing and makes the price of bitcoin increasing, we don't know what is happen, but if its really a whale its not safe for us to invest on bitcoin

gabmen

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Quote from: samcrypto on July 21, 2018, 08:14:22 AM

Quote from: frickshow on July 21, 2018, 07:05:07 AM

Supply and demand is responsible for rise bitcoin price because many investors are getting interested and buying bitcoins in more quantities so less of supply of bitcoin is possible also many countries is trying to regulate bitcoins,this is the possible reasons of bitcoin price hike.

The supply and demand is already there but I think strong news can really pump this market again. As we can see, we have so many good news in the past days and that is why the price is rising again. Whales are coming back to make another profit, let’s ride with the whales.

Right. The recent blackrock announcement about btc and etf made the market move up considerably. A couple of more like these and we'd probably see the bulls back again.

Oliver2

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The price of BTC continued to drop for two months, and the market will definitely rebound. However, what is uncertain is how long the price of BTC will rebound.

Angle22

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There are many things that are being used, while many bitcoin users, and the price may increase if bitcoin gets back up.

samcrypto

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Quote from: frickshow on July 21, 2018, 07:05:07 AM

Supply and demand is responsible for rise bitcoin price because many investors are getting interested and buying bitcoins in more quantities so less of supply of bitcoin is possible also many countries is trying to regulate bitcoins,this is the possible reasons of bitcoin price hike.

The supply and demand is already there but I think strong news can really pump this market again. As we can see, we have so many good news in the past days and that is why the price is rising again. Whales are coming back to make another profit, let’s ride with the whales.

Dswaggers

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Quote from: CryptoKing1992 on July 19, 2018, 10:12:42 AM

Many good factors are contributing to Bitcoin, it will rise more.

There's a lot of factors make bitcoin rise again one of this is we in this furom and most especially the investors we are among the big factors of bitcoin.And also the main factor are the fluctuations of supply and demand on online market. In the other hand, the large number of people who buy bitcoin also affect the price of bitcoin to rise simply because it will become on demand and many people will sell it in a high price.

Red Fire

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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?

I think the factors that make bitcoin rise again is the percentage of people that wanted to be involve here. When the people wanted to join here is increasing I think bitcoin can rise again.

Hurs1965

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First of all, the demand is higher whereas supply is getting low, secondly there are few events which are really winding up the bitcoin transaction system and lastly, all the eyes have now moved from Russia World Cup, now people can concentrate on investing and making profit.

frickshow

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Supply and demand is responsible for rise bitcoin price because many investors are getting interested and buying bitcoins in more quantities so less of supply of bitcoin is possible also many countries is trying to regulate bitcoins,this is the possible reasons of bitcoin price hike.

faith400

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Is the market price of bitcoin. Nowadays it’s determined by buyers on sellers on big exchanges where you can trade Bitcoin versus US Dollar, Euro, or whatever else seems feasible. So it’s the perception of market participants which makes the price.

Naficopa

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There are many factors affecting the price. It is difficult to clearly determine which one has the biggest influence on the price. Certainly one of the most significant factors are news, after which the market reacts almost immediately. Access to information is very valuable at the moment. It allows you to quickly react to changes in the market and decides about profits or losses.

thesmallgod

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Bitcoin will rise if the acceptability is increased. what this means is that if already existing market with huge financial cap support bitcoin or start making use of bitcoin then the price of bitcoin will increase again. take for example let Toyota and Volkswagen anounce today that they have start accepting bitcoin a medium of payment for the product then you will see that the bitcoin price will rise becuase many people will start buying bitcoin to make payment for automobile and this will also drive some other toyota and volkswagen competitor to also accepting bitcoin. however the price will go down due to bad news such as large exchange hack, banning of the coin by some countries and business etc.

ohkkstaaahp

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If the BTC increase is due to many people involved in investing in BTC, so the market capitalization will increase, the BTC price increase. that's my inference.

onrise

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Quote from: Bugatti73 on July 21, 2018, 05:16:42 AM

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

During the need of money they are left with no other option and have to sell it. So what happens is that the market may react in a negative way considering the fall means market may crash and thus others also start selling on panic mode. s

Oppang Inamo

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Demand is the most powerful thing to make the Bitcoin's fluctuating price rise again. With many buyers, its price will continue to grow. And one thing to make it much stable, is pray that hackers mustn't target crypto-related companies and those who are onto crypto market and tradings, and therefore no instant downfall to the price.

jack8989

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Quote from: ucb94 on July 21, 2018, 05:32:13 AM

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.

Bitcoin prices do not depend on demand. People only buy Bitcoin in the market trend. At present, the trend is increasing due to the ETF in August. However, if the ETF is not accepted, the price of Bitcoin will be reduced as a few months ago

Shiversnow

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Quote from: davidka on July 18, 2018, 12:58:15 PM

There are many reasons for the BTC to increase as large buyers buy in large quantities

There are many factors that affect the price of bitcoin to rise again and the main factor are the fluctuations of supply and demand on online market. In the other hand, the large number of people who buy bitcoin also affect the price of bitcoin to rise simply because it will become on demand and many people will sell it in a high price.

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