What is the Reason for increase of the Bitcoin?
I guess it because japan has the market of the plus 15 percent of bitcoin price and yes there are good in market also where they are using bitcoin for there business or for personal purposes they are the one reason why bitcoin price is increasing meaning they are stocking coins. 
Topic: What is the Reason for increase of the Bitcoin? - page 3. (Read 3075 times)
What is the Reason for increase of the Bitcoin?
The reason why bitcoin increase? I think there are just 21 million bitcoins, there is no way that bitcoin will increase, it is sticked there. The question is a bit confusing, but if you are asking about the price, I think maybe because of the user and the demand, as we usually say, the higher the demand, the higher the price.
What is the Reason for increase of the Bitcoin?
The reason why bitcoin increase? I think there are just 21 million bitcoins, there is no way that bitcoin will increase, it is sticked there. The question is a bit confusing, but if you are asking about the price, I think maybe because of the user and the demand, as we usually say, the higher the demand, the higher the price.
What is the Reason for increase of the Bitcoin?
Steady increase in demand and limited fixed supply of 21 million coins.Japan accepting bitcoin as legal payment.
People all over the world getting aware of bitcoin's potential.
New companies starting to accept bitcoin as payment.
All of the above mentioned is absolutely defining a success of bitcoin now and it became a historical era of digital currency now at $2000. Those reasons of significant increase in demand in the market which people were getting aware of bitcoin bey means of social media campaigns that promotes bitcoin, and gladly Japan has already adopting it because of it's higher advantage. If more and more companies will adopt this kind of currency, it's no wonder btc price will surely reach at $4000 or higher.
What is the Reason for increase of the Bitcoin?
Steady increase in demand and limited fixed supply of 21 million coins.Japan accepting bitcoin as legal payment.
People all over the world getting aware of bitcoin's potential.
New companies starting to accept bitcoin as payment.
I think the increase of the bitcoin because all users buy and hold much. This is because all users of bitcoin is convinced that prices will continue to rise and making bitcoin as long-term investments.
As adoption increases and mining limit decreases, bitcoin price will be increases automatically. Previously, ou could find many reply due to supply and demand of bitcoin.
Now Segwit also seems active on litecoin and Bitcoin unlimited also takes the bitcoin value up in the chart.
It's because mainstream users are coming in, thanks to articles like the following:
http://www.cnbc.com/2017/05/18/looking-for-portfolio-protection-here-are-two-things-to-buy-right-now.html
http://www.cnbc.com/2017/05/18/looking-for-portfolio-protection-here-are-two-things-to-buy-right-now.html
Quote
In a different kind of hedge, Boris Schlossberg of BK Asset Management suggests turning to digital currency bitcoin. Bitcoin is the "new gold," he said, and appears to be a good hedge going forward.
Schlossberg draws parallels between the volatile digital currency and the precious metal widely considered a safe haven.
Even after bitcoin's 92 percent rally so far this year, "it's holding at very steady highs right now, and typically when you have a big move — whether it be any kind of instrument — generally you're going to have some continuation," he said Wednesday in an interview on CNBC's "Trading Nation."
"It's clearly signaling more demand. So I like that as a hedge play going forward," Schlossberg added.
Schlossberg draws parallels between the volatile digital currency and the precious metal widely considered a safe haven.
Even after bitcoin's 92 percent rally so far this year, "it's holding at very steady highs right now, and typically when you have a big move — whether it be any kind of instrument — generally you're going to have some continuation," he said Wednesday in an interview on CNBC's "Trading Nation."
"It's clearly signaling more demand. So I like that as a hedge play going forward," Schlossberg added.
I think the increase of the bitcoin because all users buy and hold much. This is because all users of bitcoin is convinced that prices will continue to rise and making bitcoin as long-term investments.
When people buy and hold, the circulation and the inflow of bitcoin will decrease causing a stabilty in the price move. At present price is moving with good forward phase, which is because of the large scale investment that are coming into bitcoin through mass adoption as well through several blockchain based projects. Same time the altcoins too are with good strength making lot challenges to the bitcoin makes it grow competing.
I think the increase of the bitcoin because all users buy and hold much. This is because all users of bitcoin is convinced that prices will continue to rise and making bitcoin as long-term investments.
I think this is because a lot of ICO, we must remember that when ICO new coins of course they use bitcoin for promotion (paying or receive), so they will buy bitcoin and eventually the price will increasing.
Well it is due to the more demand less supply and that has lead to the price hike in bitcoins.If you have seen the bitcoin exchanges in india,the selling price of bitcoins has increased more than 2200$,which is more than the current international bitcoin value.
The reason for increasing of the bitcoin is the adoption of the people to use it in everyday living. If the countries embrace it with no hesitation? The growth of bitcoin will be better and better. It gain more popularity that crypto world wants. With that, it's not hard for bitcoin to embraced it with the other countries.
It is simple, the reason for an increase in the price of Bitcoin is due to adoption that brings in demands for the coin.
I agree. I believe we are moving from innovators into the early adopters phase. It is also more difficult to mine and with a 10% increase in difficulty coming online soon, miners are reluctant to sell because it's only going to get more and more difficult, especially once AMD enters the ASIC space.
It is simple, the reason for an increase in the price of Bitcoin is due to adoption that brings in demands for the coin.
I agree. I believe we are moving from innovators into the early adopters phase. It is also more difficult to mine and with a 10% increase in difficulty coming online soon, miners are reluctant to sell because it's only going to get more and more difficult, especially once AMD enters the ASIC space.
I think the main reason behind that increase is the Japan approval of the coin for using it for the country as after that event I am seeing the news of bitcoin on more places and after hearing about that event anyone will believe on bitcoin that yes it is a really trusted currency.
It is simple, the reason for an increase in the price of Bitcoin is due to adoption that brings in demands for the coin. The increase started when Japan announced Bitcoin as money and started a friendly action towards bitcoin enthusiast by removing the consumption tax. This boost bitcoin demand from people of Japan. Aside from that, there are also several major companies that are willing to join the Bitcoin economy bringing in fresh funds.
Bitfinex's USD issues and the Chinese market closures have distorted the functional ones badly. I think that's probably the major factor for the rise beyond $1200. It's possible that by the time those issues have been resolved the price will be new normal but I wouldn't bet on that.
I totally forgot about the Bitfinex withdrawal issue. Maybe is not been talked around since.
If the OP is asking the reason for the increase of price of bitcoin. The simple answer is more is demanding to have a bitcoin now but the supply of bitcoin is less. We have now a country, that is Japan, backing up the bitcoin ecosystem and they are now the no. 1 country in terms of trading bitcoin volume. And there are a lot of countries that are now interested in bitcoin as well. So currently, the demand is so high right now, but we can only supply a little. Pushing bitcoin price to new horizon.
The increase of the Bitcoin is bigly!
Bitfinex's USD issues and the Chinese market closures have distorted the functional ones badly. I think that's probably the major factor for the rise beyond $1200. It's possible that by the time those issues have been resolved the price will be new normal but I wouldn't bet on that.
Be clear in your question!
He is asking, how big is the madness to buy BTC right now.
Jump to: