More people are now investing into bitcoin that is the reason why the price went up that fast in the past days. Maybe right now we are just experiencing some correction that is why the price is hovering in the $13,000 level but I still expect for the price to go beyond $18,000 before the year ends.
Yes, It is just another correction, nothing else. Bitcoin is just getting ready for its next target which is not 18,000 dollars rather 20,000 dollars. I am pretty sure that this coin is going to reach this value by the end of December easily. I think there is no issues in waiting for bitcoin to recover its previous value. This is nothing new for the bitcoin investors to have some light dump before a drastic pump. 
Topic: What makes Bitcoin to move this fast? - page 13. (Read 3709 times)
Bitcoin demand from old to new investors are the biggest player why the price sky rocketing so fast this last couple of weeks, the high the demad of buying bitcoin the higher the price this is due to a fix supply Bitcoin has
Bitcoin has a lot of suppers and demanders so it is increasing in numbers as well now it is not tough to have bitcoin when a lot of people are aware about bitcoin price and value. If you are using bitcoin earning and want to have high price of currency then should go for high price and demand it will help you in multi ways, like it is being use as a job as well as a saving resource so this is the reason why bitcoin is moving upward and it is moving very fast. 
The growth of bitcoin is depending on the volatility of the market. Bitcoin is also affected altcoins when its value is increasing that's why there's pump and dump, Markets circulation is depending on the demand and supply of the coin.
I think what makes Bitcoin so fast is that its quantity is not enough to supply the market in the short term, leading to dumping. In addition, the misleading, inaccurate information has made Bitcoin unstable and become scarce.
I am also wondering why but all I answers I can see is the supply-demand theory. Im looking forward for more technical reasons though.
because christmas is near so many investors will invest in bitcoin that is why bitcoin go up so fast. Let see what will happen when christmas day maybe it will dump the price because they are going to sell bitcoin to buy something or spend it for parties.
The main reason is the high price of the bitcoin and its high raising rate in the market, due to which a high number of the investor taking interest in bitcoin and making their investment in the bitcoin. the high rate of the investment make it to move fast. again when the rate of the bitcoin is raised the interest of the investor is raising. The high security is also a key feature of bitcoin that make it trusty due to which people make their invest in the bitcoin and thus the value of the bitcoin move fast.
But its true that when the value of Bitcoin increases so does the demand, that's pretty much the basic laws in economics, it applies even if it is a decentralized currency.
Having high security? The truth is, it will not provide any security at all, as it is merely just a digital currency. The ones that will provide you security is those wallets that you are using, but its mostly up to you as you are responsible for the security of you wallet alone.
One thing i remember at high school economics is that the higher the demand the higher the price and so as i see it now on bitcoin it is true also, bitcoin has a fix supply destination that is why it is good long term also
I also know that rules because me too graduated from economical university. But demand can't change that much without any news. Bitcoins demand made his price that much. But after dipping till 5800$ it flyed to 16-17k$ without any big news and without any serious correction. IMO economically it should been moving by time, not that fast.
because christmas is near so many investors will invest in bitcoin that is why bitcoin go up so fast. Let see what will happen when christmas day maybe it will dump the price because they are going to sell bitcoin to buy something or spend it for parties.
Christmas festivities has no impact on the value of bitcoins at all, the only thing that makes bitcoins goes fast is due to the fact that more and more people are patronizing bitcoins now more than ever and they are going to increase as time goes on.
One thing i remember at high school economics is that the higher the demand the higher the price and so as i see it now on bitcoin it is true also, bitcoin has a fix supply destination that is why it is good long term also
Bitcoin moves so fast due to higher increase of investor to dig in it and due to its good value, Everybody encounters bitcoin will be amazed for some significant reasons. The best reason is money:)
Due to too much coverage across the media is creating a huge curiosity among the investors and also as the price is increasing this is attracting a lot of new users to invest in this and be part of this revolution. Everybody wants to earn money and this is giving them the best reruns.
So the demand is increasing and as a result price s rising.
There is a lot of media attention because of the earlier price movements, which cause a lot of new people to flock to Bitcoin. Also there's the introduction of bitcoin futures which gives us more opportunities to play around with, instead of just buying the underlying asset at time 0. Also the people owning Btc might want to buy more, as their gains are giving them confidence.
Guys I'm wondering why BTC is moving this fast to up? With logic there should be a huge amount of money flew into BTC market but I don't see any reason to make this happen.
Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?
The more people trust in bitcoin, there will be more transactions with cryptocurrency so the normal market reaction is the increase of the value. Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?
because christmas is near so many investors will invest in bitcoin that is why bitcoin go up so fast. Let see what will happen when christmas day maybe it will dump the price because they are going to sell bitcoin to buy something or spend it for parties.
The main reason is the high price of the bitcoin and its high raising rate in the market, due to which a high number of the investor taking interest in bitcoin and making their investment in the bitcoin. the high rate of the investment make it to move fast. again when the rate of the bitcoin is raised the interest of the investor is raising. The high security is also a key feature of bitcoin that make it trusty due to which people make their invest in the bitcoin and thus the value of the bitcoin move fast.
The simplest answer to this question is demand, theres been a huge demand of Bitcoin lately from new comers who just started with Bitcoin and to those who believes that bitcoin will continue to climb up the charts so they are still buying BTC. Main stream media is helping Bitcoin to be known in the whole world and that will result to more newcomers who wants to start collecting BTC.
I think why Bitcoin moves so fast,because of the increasing use of Bitcoin and the rising demand for Bitcoin but it can not be met at a fast pace so the price of Bitcoin will move very quickly become higher.
I myself did not suppose the progress made by Bitcoin is really amazing and very fast.
I myself did not suppose the progress made by Bitcoin is really amazing and very fast.
because christmas is near so many investors will invest in bitcoin that is why bitcoin go up so fast. Let see what will happen when christmas day maybe it will dump the price because they are going to sell bitcoin to buy something or spend it for parties.
Bitcoin moves so fast due to higher increase of investor to dig in it and due to its good value, Everybody encounters bitcoin will be amazed for some significant reasons. The best reason is money:)
More people are now investing into bitcoin that is the reason why the price went up that fast in the past days. Maybe right now we are just experiencing some correction that is why the price is hovering in the $13,000 level but I still expect for the price to go beyond $18,000 before the year ends.
Yes, It is just another correction, nothing else. Bitcoin is just getting ready for its next target which is not 18,000 dollars rather 20,000 dollars. I am pretty sure that this coin is going to reach this value by the end of December easily. I think there is no issues in waiting for bitcoin to recover its previous value. This is nothing new for the bitcoin investors to have some light dump before a drastic pump. Bitcoin is gaining a lot of recognition; investors are stepping in daily to be a part of something big and to be a part of the future. As the demand keeps increasing, we will definitely keep seeing huge spikes in price like this happening.
Having high demands and fix supply is important factors why the price of bitcoin is going soo high this later part or 2017, as bitcoin popularity is getting bigger so the prospect investors too
Bitcoin demand from old to new investors are the biggest player why the price sky rocketing so fast this last couple of weeks, the high the demad of buying bitcoin the higher the price this is due to a fix supply Bitcoin has
Agree with you dude.That is really the characteristics of a bitcoin and also in our life or those things that we love to buy. If the demand is low then the price is low if the demand is high then also the price is high like the flowers when the demand is high then price of flowers is also high when there are ocacions and it is like bitcoin but now there are a lot of investors big investors invest in bitcoin that lead to a high price , it is sort of a big whales that makes the price of bitcoin goes up
Jump to: