What makes Bitcoin to move this fast? - page 23.

Quidat

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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

Im sure you do already have an idea on whats happening. You are already full member and im sure you have read up thousands of words or comments on this forum. Price increase do really always increase because theres a high demand of it which this is only a simple economic subject. We are really shocked on what is happening as of now where millions of money being poured now on bitcoin alone.

Biggapp

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Quote from: kyxap on December 08, 2017, 04:08:30 AM

A lot of people waiting a "correction" now, but some people still buy bitcoins and it's grows. First time since 2014 i see that amazing unstoppable
growth!

Those people who keep on buying bitcoin are the most sagacious ones and there are the ones which have made the largest profits with bitcoin because of holding largest number of bitcoin. I sometimes regret for getting into bitcoin late but now I don’t even miss a single chance of buying bitcoin at cheap rates. Bitcoin has simply increased in prices tremendously in last few months and there re maximum chances of continuing this trend.

ezekhiele

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Bitcoin moves this fast because Bitcoin itself reveals its own success. Many people admit or proclaim themselves as a millionaire or billionaire by trading, investing and joining signature campaign/airdrops. Bitcoin gives us also a higher demand or rate in crypto world. So, the higher its rate the more CIO 's use it.

galestorm

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Futurov

I think it depends on the number of people who have grown interested on bitcoin. Truth be told, bitcoin is becoming more popular than ever, gaining reputation as its value increases over time. People are now becoming aware of its existence thus they participate in buying bitcoins and i think this is the reason why its evolving in a faster pace.. because people are now reluctant to sell their bitcoins.. storing them in their wallets.. because of this the circulation of bitcoins through the net is put on a halt as its supply decreases.. growing more in demand.

CodyAlfaridzi

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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

Don't you know that tomorrow CBOE will open a market for Bitcoin futures? CME will follow the day after, and Nasdaq will chime in on Q2 2018. Institutional money is coming in, that surely the main drive for BTC recent rally. Besides that, a lot of development in the technical side is happening. A team recently has successfully implementing Lightning Network on the Bitcoin mainnet. That's huge.

All these things make me even bullish for 2018. I think it'll even better than 2017. Let's see how far BTC could go

polymerbatt

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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

Some of the bitcoin holders hold their bitcoins until the next fork coming and the demand of bitcoin become bigger and bigger than before, it makes the bitcoin price increase so high until now. To be honest $15,000 Is really big for a price of a coin, what I am afraid is someday there will be a big correction.

Ararbermas

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Indeed because of its massive adaption right now that can make the growth rate increasing so fast.However that is the common reason why bitcoin always go higher because of its massive demand .in my opinion this is normal as the matter of fact we should be happy because this scenario can give us much profit and also to all bitcoin holders who waiting for the right time to sell.

Roukawa

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I saw on other threads that the 21 million coins of bitcoin have already circulates in our economy. I don't know how this it is authentic. He also said that it is the reason why bitcoin price is growing up but someday it go slowdown. I am searching other articles that proves it and contrast this idea. I just want to share what I've saw and I am not making a hoax.

pikebu

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Bitcoin moves fast in the price because right now many institutions investors, users, traders who has understood about the bitcoin as digital asset, digital currency. Bitcoin is starting mass addoption the total supply of bitcoin is limited and demand of bitcoin is rising, it is mean will makes the bitcoin's price moving up fast too, the bitcoin today has been legalized by some government of countries as currency or comodity and the other reason bitcoin's blockchain is fixed by all of the developers.

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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

The whales are buying a lot, lately. The scary part is when will this huge holder dumps the coin. There are also microearners that is starting to realize that bitcoin is a good investment when it already hike up to the moon. Plus there are a lot of ICO that depends on bitcoin and there are massive trading of this coin resulting in an even more increase in bitcoin value.

Kemarit

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Quote from: vv181 on December 08, 2017, 04:12:17 AM

Many people are starting to have attention on Bitcoin, and they realize the power of blockchain, the ease of use of a trustless system. I believe the ease of use of buying Bitcoin also help bitcoin to growth this high, many newcomers mainly newbie traders just don't realize they buy Bitcoin at this high.

I agree with bitcoin, however, I doubt that they invested on because of blockchain technology. Bitcoin now is purely investment. Specially when all this financial institution came into picture. Although is has really driven this price spike in the last couple of days, we don't know what's it effect on the ecosystem once this kind of bitcoin future derivatives is offered. Maybe in couple of days when CBOE and CME started another milestone in bitcoin history by offering it. As far as newbies, yes, I agree, they are willing to buy bitcoin at top price, it doesn't make sense to me, maybe they are irrational in thinking that they can get a quick profit. But let's see how it goes, the positive sentiments are still around us. But I wouldn't buy bitcoin at today's rate, it too expensive for me.

magnum357

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There many reasons people want move fast in interest but newbie is difficult to understand they dont understand about in bitcoin and afraid there money to lost.

ceferov

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Quote from: batang_bitcoin on December 07, 2017, 06:43:08 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

Demand itself is what bitcoin move this quick. And also there is a CME effect and I guess this is also with the so called McAfee effect that I've seen on facebook. McAfee was interviewed by someone over the facebook live video call and he said that bitcoin will be going at $20,000 early this upcoming January 2018 so everyone is trying to buy now and it helped a lot.

Yeah I know. I was watching that video too. He said something about Monero too and after that Monero also moved. But Mcafee couldnt make this much alone. He said BTC 1m in 2020 Not affected.

sumanto

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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 expensive is bitcoin is in great demand for everyone and because getting bitcoin is very very difficult, the higher the bitcoin demand the higher the bitcoin price.

vv181

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Many people are starting to have attention on Bitcoin, and they realize the power of blockchain, the ease of use of a trustless system. I believe the ease of use of buying Bitcoin also help bitcoin to growth this high, many newcomers mainly newbie traders just don't realize they buy Bitcoin at this high.

kyxap

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A lot of people waiting a "correction" now, but some people still buy bitcoins and it's grows. First time since 2014 i see that amazing unstoppable
growth!

bajigur894784

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As a relatively "young" digital currency, the volume of Bitcoin is still very small when compared to other assets such as gold.
Why does this volume greatly affect the movement of Bitcoin? To see the relationship between the two, we can first understand the basis of Bitcoin fluctuations that are really determined by supply and demand in the market. If many people buy Bitcoin in large quantities, of course the price will rise sharply. In contrast, the value of Bitcoin may decline if many of its owners sell in large quantities.

Karmakid

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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 there are tons of new investors in bitcoin and that's why the price keeps on increasing,
The huge number of demand for bitcoin is what's keeping this price to move fast .

CryptoKyddie

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Many reasons: banks and financial institutions trading BTC, whales tradng BTC. FOMO in a big way - get in now or never attitude. Lots and lots of media coverage good and bad. You name it BTC has it all

dvillier

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Quote from: chimcoin on December 08, 2017, 01:50:32 AM

I think hardfork and north korea treats has contributed little in making Bitcoin move fast.Alots of reason has made Bitcoin moved fast in recent time are:
Firstly, Many investors have said the most important factor driving the current enthusiasm is the entry of hedge funds and other institutional investors. Secondly, Small Japanese investors have also been investing in Bitcoin. They have been encouraged by laws passed this year that essentially legalized Bitcoin and allowed Bitcoin exchanges to get regulatory licenses. Thirdly, there is speculation in the USA that Bitcoin is going to be on the Chicago Exchange, which is a big deal, and Coinbase in the US rolled out a new products for faster trading, which has also helped growth. And finally, Bitcoin is cap 21 million,and i think there are fears that this is a bubble that's getting close to its limit.

The main thing that make bitcoin to move fast is the investment of the people from all over the world. the investor will pumps it value and popularity as well. The move of the bitcoin will be more fast because of the new investors in bitcoin , and as the invest of bitcoin raised the move will be more fast. The trade in bitcoin will also make move of the bitcoin fast. But the main thing is invest which make the move fast of the bitcoin.

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