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Topic: What is causing 7000+ price - page 4. (Read 1572 times)

full member
Activity: 210
Merit: 100
November 02, 2017, 10:34:19 AM
#12
There is a huge demand nowadays about Bitcoin and investers has known its value, and known also that it is not risked to invest it cryptocurrencies such as investing in anyother field to be a shareholder for example.
In addition we don't have to forget that many other electronic shops has openned a Bitcoin paying which has made a lot of new customers and investers.
full member
Activity: 364
Merit: 100
November 02, 2017, 10:33:57 AM
#11
I do not know how long this happens bitcoin continues to rise
altcoin also decreased due to rising bitcoin effect?
full member
Activity: 784
Merit: 135
DeFixy.com - The future of Decentralization
November 02, 2017, 10:30:58 AM
#10
Huh
It could be that bitcoin has gaining popularity and starting to attract many people or investors to buy BTC but there are also some factor which is I don't know lol. Bitcoin reaching 7k USD mark is similar to what happen last hard fork, October 1, which BTC's Price suddenly pump to 5k USD, This happening could be similar to that but who knows lol
full member
Activity: 630
Merit: 100
November 02, 2017, 10:21:33 AM
#9
I m also Wants to know,  is that any thing happened?
I was surprised in morning when i see btc price is going too much. 
legendary
Activity: 1267
Merit: 1000
BabelFish - FISH Token Sale at Sovryn
November 02, 2017, 10:15:52 AM
#8
What make you guys think the rise of bitcoin's price is due to bubble? I don't think its the bubble effect. Recently I read that Korean government is planning to legalize bitcoins. I think this rise in price is due to that. May be Koreans are buying and storing bitcoins in their wallet and I think this rise in bitcoin's price is due to its high demand from Korean market. 
sr. member
Activity: 588
Merit: 251
HELENA
November 02, 2017, 10:07:42 AM
#7
I really don't know what was the main reason of price increase of btc today, is it because of the increasing demand?
full member
Activity: 742
Merit: 100
November 02, 2017, 10:03:59 AM
#6
Everybody know about bitcoin who are work crypto currency market but many people don't know why bitcoin price ups and down. It has a many reason we just explain one cos that is when buyer buy more bitcoin at that time bitcoin price is going to high and on that time alltcoin is a down. In this time all altcoin buyer altcoin sell and hold only bitcoin so in this time bitcoin price is so high. When bitcoin buyer start sell his bitcoin on that time bitcoin price again down and altcoin will be more pump.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
November 02, 2017, 09:56:48 AM
#5
It could be all the drug cartels buying all the Bitcoin they can get their hands on.  I made a topic about it, to the dismay of some here in the forum.  They seem to can't accept that Bitcoin can be used for nefarious things.

Drug Money and the Rise and Rise of Bitcoin
https://bitcointalksearch.org/topic/drug-money-and-the-rise-and-rise-of-bitcoin-2280648

Join the discussion.  Wink

Sounds interesting as a theory but I don't think it's true. It looks more like conspiracy theory. Drug cartels don't have such big interest in Bitcoin they are still doing quite well even without it. Besides Bitcoin was used and still is for many other illegal activities not just drugs and then I think that Russian hackers have larger amount of Bitcoins than any drug cartel.
Anyhow the next few days would be pretty much confusing for the market and the users but whatever the influence of fork will be it will not last for long.
full member
Activity: 168
Merit: 120
November 02, 2017, 09:49:19 AM
#4
A lot of people out there has known bitcoin now and its causing a fuzz in the market that is causing a lot of consumer to buy bitcoin resulting to drastically  increasebof bitcoin price and its becaming a trend recently  I've  seen the news in news.google about the surge of bitcoin and it states there many people are starting to use bitcoin as their currency.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
November 02, 2017, 09:45:37 AM
#3
It could be all the drug cartels buying all the Bitcoin they can get their hands on.  I made a topic about it, to the dismay of some here in the forum.  They seem to can't accept that Bitcoin can be used for nefarious things.

Drug Money and the Rise and Rise of Bitcoin
https://bitcointalksearch.org/topic/drug-money-and-the-rise-and-rise-of-bitcoin-2280648

Join the discussion.  Wink
sr. member
Activity: 770
Merit: 254
November 02, 2017, 09:43:01 AM
#2
Recently I posted about fud, talks about bubble and all and I changed my opinion about the whole thing, to be honest now this looks like bubble to me.
People went crazy, bitcoin wasn't created so people could sell all they have and buy bitcoins just to hold them  Roll Eyes
full member
Activity: 394
Merit: 101
November 02, 2017, 08:23:43 AM
#1
Huh
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