Topic: What is driving BTC increase - page 6. (Read 2838 times)
More investors and the positive spread of news about bitcoin helps to increase its value. Just like last 2017 when a big increase happened due to more people involve in bitcoin. If everyone will support this cryptocurrency then there's big future ahead.
one of the rising prices of bitcoin is the number of investors who buy bitcoin. from early 2017 bitcoin investors increasingly crowded so that at the end of last year bitcoin prices rose drastically.
Everything is influenced by the efforts of many people, of course each of the purposes of each person must be different, but I'm more wondering that Btc will continue to be pushed by many enthusiasts from time to time, though it often decreases.. Btc will not be forgotten.
For me, I have an investment in Btc, I do not really wishing.. but I'm still optimistic and believe that it still tends to continue lead to higher price. My investment is a my passive incomes, I just enjoying the developmets of the price and waiting to gain profit.
For me, I have an investment in Btc, I do not really wishing.. but I'm still optimistic and believe that it still tends to continue lead to higher price. My investment is a my passive incomes, I just enjoying the developmets of the price and waiting to gain profit.
I think it's because many people want to buy bitcoin at the same time and this makes the price move to higher price and finally, we can see a new highest price. but for now, I think although there are many people buy bitcoin, the price still doesn't move to high price and only up and down at that level of the price. maybe if there is any massive buying order in the market, then the price will increase higher so I think right now and until next week, the price will be stable in that range.
The fall in Bitcoin rates is due to the impact of various negative news on the Internet. Newly there are many experts have distinguished Bitcoin has failed to become the most popular currency in the world, the future of Bitcoin will be replaced by Ethererum, etc. But Bitcoin's exchange rate is still at its highest, dominance for over 40% of all cryptos in the cryptocurrencies market.
if the high price spike is definitely profitable, and if it waits for the price to drop drastically and waiting to rise again takes a long time with certainty not necessarily good. I mean if indeed the opportunity price is high why should wait down and up again.
In my opinion, there are a lot of factors that can drive the rise and fall of Bitcoin price but it all boils down to the laws of supply and demand. The price will increase if more and more people will invest and hold on their Bitcoins because the demand will increase while we all know that the supply of Bitcoin is limited. so the price will really soar high.
You can do a lot on bitcoins just need to transfer the bitcoins into real money through the exchange and act in full. in general there are a lot of exchangers now on the Internet
Now bitcoin is growing and it is possible right now to invest for stable earnings
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
Demand and supply. With a lot of whales owning a lot of bitcoins and a lot of people owning about $1M worth of bitcoins, they can deviate the price of bitcoins pretty easily if they want to. But I guess it all boils down to demand and supply even if a lot of people are hodling.
I think will increase the number of requests and contributors or merchants. Some parties are dissatisfied with how limited the proposed changes are and even make a hard fork for bitcoin cash. For bitcoin prices will be 2 or 3 times higher than today or tomorrow. 
Bitcoin price went decreasing in January.
The increase is because people are buying bitcoin and understand it's price is going to go up and low price was not good.
The increase is because people are buying bitcoin and understand it's price is going to go up and low price was not good.
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
I think the acceptance of the market and users will help to increase the price of it. Moreover, good news will also contribute the the huge price spike. There could be massive increase by the end of this 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
I'm interested also in BCH too, same questions
In my opinion, it is not about just supplu and demand anymore. It is more than that now. Bitcoin whales can now curb the price of bitcoins at their own will. They let go a huge amount of bitcoins to allow a massive price decrease or increase. It's kind of scary to think that 1 person can change the destiny of bitcoins.
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
When OP started this thread asking question about market price increase and today you can see that market increased and then it got correction ed on January and now it is back moving up. But this time it is moving not on fud so we can expect that it can cross 14k price level
The massive demand of bitcoin in the market is the one reason why btc increase it's price and many people are getting interested to invest in bitcoin so i think this is also one factor that makes bitcoin increase.
The increase of bitcoin is getting bigger when people buy bitcoin. this way the price goes up...so people drive the bitcoin increase
Elementary economics suggest that it depends on the demand and supply of bitcoin on the market and these are created and distributed depending on a lot of factors which are not centrally determined and so it could go either way depending other way all of us invest around the world and how many miners are present to mine at any moment in time.
The increase of bitcoin is getting bigger when people buy bitcoin. this way the price goes up...so people drive the bitcoin increase
Reason why Bitcoin price is increasing because there are many investors who bought when the price was dropping. now they are only holding those Bitcoin and the demand is increasing so is the price. If you will check the price chart Bitcoin is recovering from the last drop.
I believe so.The users and investors of bitcoin are mainly the one that drive BTC increase.If they haven't missed the chance of buying cheap bitcoins last few weeks ago,then for sure they are still holding it up to now.I also think forks have something to do with price increase,but for sure after that price corrections will also appear.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
a lot of demand and limited supply, that's what keeps the bitcoin price up. everyone has different views and has different plans with bitcoin. there is a wait bitcoin down and buy it, there are those who continue to invest even though its value continues to rise. everyone has different plans and thoughts.
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