Topic: What is driving BTC increase - page 4. (Read 2747 times)
Generally crypto currency earnings are risky because it is an informal currency and can collapse at any moment.
So I've been watching the market for a while and keenly watching for about 4 months, what is driving this massive price spike in your opinion? Are you expecting the price to drop dramatically soon? Then another rise? Or are you expecting it to continue this sharp rise for the next month or two?
I'm interested also in BCH too, same questions
I'm interested also in BCH too, same questions
On my mind the people’s interest is the main reason why Bitcoin is growing. When the price overcome the demand we will see how Bitcoin is falling. This is common rule which you must have in mind.
So I've been watching the market for a while and keenly watching for about 4 months, what is driving this massive price spike in your opinion? Are you expecting the price to drop dramatically soon? Then another rise? Or are you expecting it to continue this sharp rise for the next month or two?
I'm interested also in BCH too, same questions
I think altcoin is the main reason for boosting btc prices. when we need to buy a certain altcoin. First we have to buy bitcoin first and then exchange with the altcoin that we needI'm interested also in BCH too, same questions
So I've been watching the market for a while and keenly watching for about 4 months, what is driving this massive price spike in your opinion? Are you expecting the price to drop dramatically soon? Then another rise? Or are you expecting it to continue this sharp rise for the next month or two?
I'm interested also in BCH too, same questions
I think altcoin is the main reason for boosting btc prices. when we need to buy a certain altcoin. First we have to buy bitcoin first and then exchange with the altcoin that we needI'm interested also in BCH too, same questions
The supply of Bitcoin is limited and most of the traders wants to hold the coins in order to make more money through Bitcoin trading. The demand for Bitcoin buyers and sellers are increasing, most of the people are not selling their Bitcoin and that's why Bitcoin price is kept increasing.
supply and demands of bitcoin giving an impact on the price and I think this will makes the price increase although there are many possibilities for the price to get down too. because we don't know exactly the factor that could drive bitcoin price increase, we only could buy at the lower price and wait for the price increase higher. and that is true that many people still hold their bitcoin for now because they want to sell their bitcoin at the high price so they can make a lot of money.
The supply of Bitcoin is limited and most of the traders wants to hold the coins in order to make more money through Bitcoin trading. The demand for Bitcoin buyers and sellers are increasing, most of the people are not selling their Bitcoin and that's why Bitcoin price is kept increasing.
the price increase was due to the Bitcoin gold fork. But because the price remains strong at $ 6k. This makes a general market conception of the price and many do not sell their Bitcoin after a fork. After that a series of positive news has come related to Bitcoin. Bitcoin gained global attention among the big giants in the financial and banking sectors. This makes Bitcoin popular outside the crypto community and has therefore attracted many investors from traditional markets. There was a spike in investor interest recently in Bitcoin. Because of all this, money flows from altcoin and goes into bitcoin. All these together have brought this enormous price spike.
The number of enthusiasts also affects, in the sense that the more days newcomers continue to arrive while the number of bitcoins does not increase. Well, I think bitcoin prices will be hard to get back at a price like 3 years ago where bitcoin users are not much this year and beyond.
the price increase was due to the Bitcoin gold fork. But because the price remains strong at $ 6k. This makes a general market conception of the price and many do not sell their Bitcoin after a fork. After that a series of positive news has come related to Bitcoin. Bitcoin gained global attention among the big giants in the financial and banking sectors. This makes Bitcoin popular outside the crypto community and has therefore attracted many investors from traditional markets. There was a spike in investor interest recently in Bitcoin. Because of all this, money flows from altcoin and goes into bitcoin. All these together have brought this enormous price spike.
Investors and buyers are making the bitcoin's price pumped up the price on the market the more investors coming in the better the price and the stability of the market. There are lots of alternative coins that came recently and made great success and made bitcoin's price high.
Mostly pure speculation and will to make some money.
But there is some points in short history of BTC when the price of BTC was pushed up by uncertainty in FIAt market as time of Brexit vote.
But there is some points in short history of BTC when the price of BTC was pushed up by uncertainty in FIAt market as time of Brexit vote.
But now that the G20 meets and declares that cryptocurrencies have no impact on the economy and finance, there is no need to regulate it, so the bitcoin exchange rate is rising rapidly, now reach more than $ 9000. And I see that news from the press influences the prices of Bitcoin or any crypto on the market today.
This is the reason why the price of bitcoin now is increasing and if this will be continuous we will see the price of bitcoin at higher price again and the fees shall remain cheap until it reaches new price. News are really affecting price from now on.If the;
News is positive = price increases
News is negative = price declines
incentive to increase or decrease of btc is total supply and also demand and supply, when there is issue circulating about btc maybe there will be many sell btc and that greatly affect btc price. so I think it's a natural cycle for coins in cryptocurrency.
At present, in 2018, bitcoin rates, as well as altcoins, have fallen from the beginning of the year to now due to negative news. But now that the G20 meets and declares that cryptocurrencies have no impact on the economy and finance, there is no need to regulate it, so the bitcoin exchange rate is rising rapidly, now reach more than $ 9000. And I see that news from the press influences the prices of Bitcoin or any crypto on the market today.
What is driving BTC increase? - The most important point, in my opinion, is not even belonging to the new stage of human activity Blockchain, but a bonally dramatic price increase in just a few years, from one dollar to $ 20,000. I have many friends and Bitcoin has already heard everything - the first thing everyone says about Bitcoin is his crazy growth. No matter what the price is now $ 8,000, everyone understands that this price may be several times higher tomorrow.
prices from Bitcoin are up and down due to regulation from governments in certain countries that have high cryptocurrency users such as China, Japan and Korea as well as America
when the government imposes a policy on cryptocurrency, the price will change, depending on the policy circulated in the mass media
when the government imposes a policy on cryptocurrency, the price will change, depending on the policy circulated in the mass media
There are numerous reasons for bitcoin's increase. Some of these reasons are caused by the people who use bitcoins and are actively engaging on supporting its technology. While some are caused by the technology behind bitcoin's creation itself. For example, the increasing interest of people to bitcoin which will then result to buying of tokens would result to an increase in its value, while on tge other hand, bitcoin's high volatility rate, the reason bitciin is unstable, could also cause bitcoin to inv
crease in value drastically
crease in value drastically
The increase now is because of the few bullrun last year. People still believe it will happen same this year.
high market demand but limited availability of goods, since the amount of bitcoin has been set can not decrease and increase while the number of people interested in buying bitcoin increasingly increases this is what drives bitcoin prices continue to increase from year to year
So I've been watching the market for a while and keenly watching for about 4 months, what is driving this massive price spike in your opinion? Are you expecting the price to drop dramatically soon? Then another rise? Or are you expecting it to continue this sharp rise for the next month or two?
I'm interested also in BCH too, same questions
In my own opinion, the price increases because of the demand of bitcoin. When there are more investors than sellers, the price increases and when there are more investors than sellers, the ptice decreases. That is why the highest bitcoin price last december 2017 suddenly drops because many people are selling their bitcoins. I'm interested also in BCH too, same questions
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