Topic: What makes Bitcoin to move this fast? - page 22. (Read 3735 times)
The demand. The hype. That is the reason for the price of bitcoin to move this fast because this is like a huge FOMO for the people and that resulted for them to lose their temper and just jump in and hope for the best. This is very risky to just jump into the market and get some bitcoin because there is a cycle of the market chart in the google that you can based on and you can see that there might be a huge dump after this huge jump.
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?
Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?
First will the speculation. When there is a strong speculations, there will be a mass interest and everyone will put or transfer their money to Bitcoin and holding it . that is how the rule of supply and demand effect happens. But as what I have heard from my friends the prices of every cryptocurrency is controlled by the big Investors for the usual purpose of pump and dump. I dont know if this is what exactly is happening with Bitcoin right now, but I dont belive that. There must be other reasons why Bitcoin went high so fast.
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?
Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?
Which makes Bitcoin to move this fast!
His movements were controlled by The Bitcoin Whales (1,000 People Who Own 40 Percent of the Market).
Read more at https://www.bloomberg.com/news/articles/2017-12-08/the-bitcoin-whales-1-000-people-who-own-40-percent-of-the-market
Given perfect information, and unexpected was coming so fast it was hard to absorb, frictionless markets, a finite amount of utility can be achieved in that way.
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 interest to this coin is really hight right now that's why we have such a big price for it and i think a lot investors get inrested in bitcoin, that's why btc get such growing price Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?
I am also puzzled as to what makes bitcoin prices rise so fast this year, I read on the news that the increase in 2017 costs up to 2000% a very high increase. I think the bitcoin increase is because bitcoin will be segwit. so many people are holding bitcoins
The price of bitcoin now is increasing very high, and it automatically it makes the price of altcoins is down drastic. I also need to know how does it happen, does it have relation with the world economic condition.
I dont think the relation with the economic condition that btc move this fast. Btc price moves this fast because of the users itself who really believes on bitcoin. The demand is increasing that makes btc go up, also it has more predictions that btc will climb up in the upcoming years that users continues in buying. 
I don't think newcomers can make this much difference.
Not? They for sure can. It's called the power of the mass. Bitcoin market availability is drying out, which has been going on for more than a year now, so even the newbie average joes contribute in a decent way.If you combine millions and millions of these average joes, where aside from them also wealthy individuals and institutions are pumping money into this market, then we are up for something similar to what we experienced this year.
If they continue to flow in consistently, we can count on it that the market will also grow consistently. The only question is when we will be facing the correction that a lot people are waiting for to happen.
I am sure that a correction will speed up the process of attracting more capital, because people will grab that opportunity with both hands. Corrections are quite a healthy happening for this market, and not something negative.
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?
Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?
Mainly, the rumors are the driving force of the bitcoin price. But sometimes real things happen in the market like government regulations or law problems regarding to bitcoin. This makes the price move.
I don't think newcomers can make this much difference. I was waiting a big correction after it reached 10k but BTC didn't stop. I think main reason is whales this time too. IMO whales are one of biggest problems of BTC
Right now you're seeing a test of the market manipulation power of options and futures traders..
Honestly this has taken control of the btc markets away from the little guy or even the 'big fish' in the btc world...
It's now going to be controlled and manipulated like the stock market by big dog professional options and futures traders / hedge funds / investment banks.
There isn't even any oversight on the exchanges btc is traded on...
It's going to be crazy guys..
Big opportunity for gains AND losses..
You better be careful with your money over the next couple weeks.
Gonna take balls of steal to ride these waves.
The price of bitcoin now is increasing very high, and it automatically it makes the price of altcoins is down drastic. I also need to know how does it happen, does it have relation with the world economic condition.
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?
Bitcoin Value move in an upward direction as a result of the increase in the demand for Bitcoin and at same time, so many people who happened to hold some altcoins are now converting their altcoins to Bitcoin and as such that has a positive impact on the Bitcoin value. Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?
I don't think newcomers can make this much difference. I was waiting a big correction after it reached 10k but BTC didn't stop. I think main reason is whales this time too. IMO whales are one of biggest problems of BTC
as we know that in the current time or current market .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. There's less and less "free" bitcoins available on market so those selling can do it at a very high price. There is likely more than a single reason why all of this is happening but the most probables thing is that it is going really fast more than expectations which is really surprising..
I don't think newcomers can make this much difference. I was waiting a big correction after it reached 10k but BTC didn't stop. I think main reason is whales this time too. IMO whales are one of biggest problems of BTC
Fiat whales are still newcomers. 
I don't think newcomers can make this much difference. I was waiting a big correction after it reached 10k but BTC didn't stop. I think main reason is whales this time too. IMO whales are one of biggest problems of BTC
Exponential growth and extreme volatility. The volatility comes from the ease of transfer and relatively low volume (compared to traditional assets). The growth comes just from Bitcoin very slowly starting to hit the mainstream. Things will get even more intense in the next months and few years and won't calm down until we reach a price of around 500k to 1000k, at which point the volume will be too large to trigger the kinds of movements that we see now.
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?
Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?
Mainly, the rumors are the driving force of the bitcoin price. But sometimes real things happen in the market like government regulations or law problems regarding to bitcoin. This makes the price move.
Probably the newcomers who invested in BTC and continuing to do so. The demand is increasing and so the price as well. The news is covering about it daily nowadays and thus promoting in a huge scale bringing in daily new investors. The rate of growth is going to be even more in upcoming months.
In elementary economics, we were taught that two basic things determine the price of a commodity. These are scarcity and demand. The mere 21million units of bitcoin makes it such a rare coin when compared to the total world population that is in billions and given btc usage. Bitcoin crashes and ceases to exist the moment there is an inclusion of a single unit to the already existing 21million. Its scarcity drives the price high.
There is a demand and no big holder is doing any price manipulation (what most people happen to think right now).
The main and the biggest demand is coming from banking sector. These multinational banks are trying to collect bitcoin not for the purpose of manipulating the price or grabbing the market but for being in the run of fuure. Cryptocurrencies are no doubt a future of monetary landscape. Whether it is bitcoin or not that is highly uncertain. But the main player of crypto world is bitcoin and right now holding it won't hurt. There is some legit increase in demand in last three months due to increase in awareness whether it is for China, ransomware, Russia, Japan.
The main and the biggest demand is coming from banking sector. These multinational banks are trying to collect bitcoin not for the purpose of manipulating the price or grabbing the market but for being in the run of fuure. Cryptocurrencies are no doubt a future of monetary landscape. Whether it is bitcoin or not that is highly uncertain. But the main player of crypto world is bitcoin and right now holding it won't hurt. There is some legit increase in demand in last three months due to increase in awareness whether it is for China, ransomware, Russia, Japan.
... A team recently has successfully implementing Lightning Network on the Bitcoin mainnet. That's huge.
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I´m not too sanguine about the timeline of the Lightning network. There were claims that
it was about to be publicly launched already in 2015. This was 2 years ago and they still
haven´t released it.
Sure, there have been a few successful tests and the clients look better these days, but I´m still
pessimistic about the timeline. It will eventually launch, but there is always the possibility of unexpected
issues and bugs. Given the fact that the developers are taking security very seriously it is unlikely
that we will see the launch of Lightning network in 2018.
Let´s hope that I´m wrong and everything works out faster than I expect.
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