What makes Bitcoin to move this fast? - page 17.

Smarty14392

sr. member

Activity: 560

Merit: 286

Quote from: Granxis on December 11, 2017, 08:41:29 AM

The number of users who continuously invest in Bitcoin varies. For this reason, sudden price changes come to fruition. In addition, Bitcoin is influenced by the news on the agenda and is highly influenced by US policy. Last week Nicehash's hacking resulted in a frightening decline in Bitcoin prices. If the bitcoin came back at the old price, it will be quite moving this week.

That’s a lie, Bitcoin can’t be influenced by the media in terms of going up in price rate, the only way media can affect Bitcoin is when they give negative feedbacks that will cause people to withdraw the money they have invested which will lead to the price of Bitcoin falling to a lower rate.

Yes, I know that lots of people invest into bitcoin daily, but does that mean that there are no people withdrawing their investment daily?

justspare

hero member

Activity: 1022

Merit: 538

Quote from: pauuui on December 11, 2017, 03:39:13 AM

The price of bitcoin goes up so fast is because it is like a hype train that a lot of people are investing in. The price of bitcoin is affected by the demand of people and bitcoin is becoming a thing now.

It all depends on the demand and supply of bitcoin. With the passage of time, the demand of bitcoin is increasing which very much is resulting in the market price of bitcoin to rise to this value and that too in a time span of less than 10 years.

I am very much hopeful that bitcoin will continue to flourish in the very similar fashion as there will be more people who will be investing in bitcoin in the days to come.

Samueltalk

sr. member

Activity: 308

Merit: 250

This thing you need to do considering the market price also come fast moving. So, by buying cheap bitcoin prices, you can then sell them.

Sir Cross

full member

Activity: 336

Merit: 106

Quote from: Jake052478 on December 11, 2017, 08:39:51 PM

I guess the reason is that it has the highest demand in the market today that many people are investing in it either through investment, trades or mining. Individuals trying to put up some budget-friendly rigs to mine bitcoins while others were patiently doing some campaigns to earn and have a small share of the market.

Just recently, the increase of new investors on bitcoin have contributed to the price increase. More and more people have been wanting to buy BTC. Conversely, the high price of bitcoin has attracted more investors and sparked the interest of others. I guess a great deal of the positive feedback and good news about bitcoin has been contributing to the high demand. The fast growth of bitcoin is also due to the growing popularity and exposure of bitcoin.

nguli

member

Activity: 336

Merit: 10

Quote from: ceferov on December 07, 2017, 05:35:15 PM

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? Huh

it looks like bitcoin is moving very fast because of the very high demand of bitcoin and very limited availability, it makes bitcoin move very fast and the higher the price.

Deborah Christine

sr. member

Activity: 864

Merit: 284

Bitcoin to move so fast because many people now support bitcoin. So it makes the demand to bitcoin increase while the number of bitcoin is not too much only 21 million coins when compared with enthusiasts who exceed the number of coins. this causes the price to rise. because as the law of the market when a good thing becomes scarce and more and more enthusiasts then what will happen is the price will rise. And also with many countries that legalize bitcoin. so no wonder why bitcoin prices so fast

sucix

member

Activity: 154

Merit: 12

Quote from: yunita on December 11, 2017, 08:59:25 PM

Quote from: ceferov on December 07, 2017, 05:35:15 PM

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? Huh

all this because many new users are interested in investing in bitcoin, a lot of success stories that come from bitcoin users so they become interested, this is what makes the market demand increased so the price goes up

The success story from experience people make us or anothers people have the same interest to join in bitcoin world. Why bitcoin move so fast? Because people think if not start now then will be late.

napi

member

Activity: 350

Merit: 10

Quote from: ceferov on December 07, 2017, 05:35:15 PM

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? Huh

which makes the movement of bitcoin very quickly is from the influence of very high demand and the more difficult to get the bitcoin it will be more expensive.

Flexibit

sr. member

Activity: 476

Merit: 250

Some leading economists and financiers are calling bitcoin a bubble and a fraud, but industry insiders say they think it's only going to get bigger as it gains more widespread acceptance. When demand is more than supply the price goes up every time. Demand itself is what bitcoin move this quick. Bitcoin price is going up so fast because suddenly a lot more people than before want to buy coins and less people want to sell it. Bitcoin price is going up so fast because suddenly a lot more people than before want to buy coins and less people want to sell it. Investors have been buying in this year out of "FOMO," or the fear of missing out.

Zabrielle

full member

Activity: 294

Merit: 105

For what i observed why bitcoin is moving fast, people are gaining interest in bitcoin. I have noticed there are lot people who invested and will invest in bitcoin everynow and then. In fact i didnt expect that my mom invested in bitcoin. I was shocked when my sis told me so. Even those people who are not computer or internet savy are getting involve as long as they have proper guidelines from family and friends. Million of people are now in bitcoin so as expected bitcoin value is soaring high.

yunita

member

Activity: 152

Merit: 10

Quote from: ceferov on December 07, 2017, 05:35:15 PM

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? Huh

all this because many new users are interested in investing in bitcoin, a lot of success stories that come from bitcoin users so they become interested, this is what makes the market demand increased so the price goes up

Agetan

member

Activity: 196

Merit: 11

I think some opinion from affected people that i see in social network is one of the reason.
But most reason i think people see in bitcoin price and it makes them more interesting to invest.

Jake052478

full member

Activity: 224

Merit: 100

I will do wonder for YOU!!!

I guess the reason is that it has the highest demand in the market today that many people are investing in it either through investment, trades or mining. Individuals trying to put up some budget-friendly rigs to mine bitcoins while others were patiently doing some campaigns to earn and have a small share of the market.

bittybits

newbie

Activity: 47

Merit: 0

It's because many people are becoming familiar with bitcoin and are starting to put their money in it. since with it's current trend bitcoin's value is rising to the top which means to them that they're going to make tons of money out of it which is true. a lot of people become millionaires here.

Duogembrot

full member

Activity: 476

Merit: 100

Quote from: ceferov on December 07, 2017, 05:35:15 PM

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? Huh

which makes bitcoin very fast is the demand of people who just know bitcoin, they are in droves to have bitcoin because they see the luck when the bitcoin.

bit.pawy

newbie

Activity: 51

Merit: 0

The demand is what makes bitcoin moves this fast, currently bitcoin is mainstream and people are riding on it because of possible profit and bitcoin makes people rich

siopaotsin

newbie

Activity: 52

Merit: 0

Quote from: ceferov on December 07, 2017, 05:35:15 PM

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? Huh

There's no economic reason about it but it's because of the people/ investors that are putting their money in to bitcoin. The greater the demand (investments going in) the greater the price of bitcoin becomes.

sheryl26

full member

Activity: 322

Merit: 100

Quote from: ceferov on December 07, 2017, 05:35:15 PM

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? Huh

I think bitcoins are moving so rally fast because of the hype we all know people they are very dedicated in all the things that they do. Even non investors which are the ordinary people are already buying bitcoins so that also helps the bitcoins to grow. Bitcoins are very popular in the world that makes a lot of people in the world attracted to it and the main outcome in it they are jlining the community but they do no know that because of them that is why the bitcoins orice are getting expensive in the market.

megynacuna

sr. member

Activity: 756

Merit: 253

Quote from: sclmte on December 11, 2017, 03:57:36 PM

Quote from: Dainye_dyep on December 11, 2017, 11:36:54 AM

Quote from: onemoretime8520 on December 07, 2017, 06:38:10 PM

when demand is more than supply the price goes up every time.

Thats true and thats because of the people who continuously shows interest and eagerness to have bitcoin because of them the working process here became sustainable and useful for each one of us. The unreachable rate of bitcoin nowadays is because of the workers who has been inspired to work here.

Absolutely right. A growing number of people are becoming convinced that Bitcoin’s price is going to go up in the long run. More people give their trust and have the interest to invest also one of the thing that makes it to move fast. And the other fact is Japan’s formal recognition of Bitcoin as a significant factor is behind this boom. Their developments are likely one of the cause for this latest price surge now.

The crave to know about it by people all over the world is what is driving the demand for bitcoin and so it keeps getting shortage on the market and it's price automatically increases to reflect the demand for it.This is what has increased so much within the last couple of days and the whole year and has grown its value from nowhere to somewhere.

sclmte

member

Activity: 434

Merit: 10

Quote from: Dainye_dyep on December 11, 2017, 11:36:54 AM

Quote from: onemoretime8520 on December 07, 2017, 06:38:10 PM

when demand is more than supply the price goes up every time.

Thats true and thats because of the people who continuously shows interest and eagerness to have bitcoin because of them the working process here became sustainable and useful for each one of us. The unreachable rate of bitcoin nowadays is because of the workers who has been inspired to work here.

Absolutely right. A growing number of people are becoming convinced that Bitcoin’s price is going to go up in the long run. More people give their trust and have the interest to invest also one of the thing that makes it to move fast. And the other fact is Japan’s formal recognition of Bitcoin as a significant factor is behind this boom. Their developments are likely one of the cause for this latest price surge now.

Topic: What makes Bitcoin to move this fast? - page 17. (Read 3735 times)