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.
Topic: What makes Bitcoin to move this fast? - page 24. (Read 3709 times)
There are two major pushing forces at the moment :
1. North Korea latest threat - https://www.express.co.uk/news/world/889210/North-Korea-news-update-USA-World-War-3-Kim-Jong-un-Donald-Trump and people from South Korea stocking up on bitcoins.
2. Bitcoin Futures - As demand for a regulated trading venue for the digital asset market increases, CME Group will launch Bitcoin futures, based on the CME CF Bitcoin Reference Rate (BRR), on December 18, 2017.
http://www.cmegroup.com/trading/bitcoin-futures.html
AND a lot of speculation. ^grrrrrrr^
1. North Korea latest threat - https://www.express.co.uk/news/world/889210/North-Korea-news-update-USA-World-War-3-Kim-Jong-un-Donald-Trump and people from South Korea stocking up on bitcoins.
2. Bitcoin Futures - As demand for a regulated trading venue for the digital asset market increases, CME Group will launch Bitcoin futures, based on the CME CF Bitcoin Reference Rate (BRR), on December 18, 2017.
http://www.cmegroup.com/trading/bitcoin-futures.html
AND a lot of speculation. ^grrrrrrr^
I think hardfork being the answer to bitcoin why it is so fast moving up because when it happens hardfork only bitcoin owners get 1: 1 ratio when it happens
It could be because of many reasons. I think, this is happening because people around the world puts their interest in bitcoin right now. As we know, bitcoin is super famous nowadays. Even old people know it. I think more and more millionaires putting their money in bitcoin right now. Let's hope for the best to bitcoin 
bitcoin is very expensive today because of the less bitcoin availability. already many people sell their bitcoin in large quantities. now the availability of bitcoin is getting thinner, therefore bitcoin price is more expensive.
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?
With the current popularity of bitcoins more and more investors are coming in. More investors would mean bigger demands of the supply and this is a factor that triggers the prices of bitcoin to go up. Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?
I think the reason is because of its demands to people, hows bitcoins affect and people get interested to join. As it increase the demands, the limited resources to supply those demands, I think thats the reason why Bitcoins price moves fast, to accommodate all the demands of people and only few can afford and Bitcoins will be evenly distributed to all investors.
Bitcoins price moves so fast because it is becoming famous. The increase in its demand also plays as a major factor in its uptrend.
because the bitcoin enthusiasts are very high, and the price of bitcoin is currently very tempting mnggkanya bitcoin is growing so rapidly.
Moving fast of bitcoin it's because of increasing people registered. Many people access every now and then. And a lot of people convince to their friends on how to access bitcoin by way of practical teaching. Thats why their's a lot every minutes registered that make bitcoin highly fast moving forward glovallity..... Nationwide.....
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?
It really seems that more people had invested to bitcoin in the past days and it is bringing us new ATH. It only mens that more and more people are now trusting bitcoin and would like to have their own coin. Some people speculated that it is because of the ongoing conflict in Korea between north and south and the price in South Korea's exchanges is showing it.
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?
it seems this is the influence of market demand, the higher demand is demanded and the more difficult to get bitcoin, the bitcoin will be more expensive, this is still a bit know bitcoin, if bitcoin getting to know people then the more expensive.
It is all FOMO just like when it first jumped to 1k.
they see bitcoin price is starting to pump and they are afraid to be left out so they buy. and the demand also start to go high with low supply so it is expected to pump up.
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?
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.Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?
I was also thinking that the advertisement itself was the reason why bitcoin gained more as of this moment. Even investments in small amounts will be worth it for average person. And with Facebook and more social media campaigns it is not impossible to invite many investors. But playing in my mind is it will not be able to gather enough people to invest that huge of a money to the market overnight. People are also scared of lossing they investments at some point. Make wonder a bit more.
The people who are using bitcoin is also rapidly increasing, and more companies are using bitcointalk as platform for investing and promoting, which makes the bitcoin's proce go high. If this would continue until next year then it is a good opening for the year in bitcoins. We should encourage more people to use bitcoin and it will be a benefit for all of us.
now i think is the hype. more people are involved, more people wants bitcoins, more people make transations, more the price goes up. Someone told bitcoin will go up 1M $ this is my hope cause im poor and i have a very small fraction
the logical reason for me is people interest with bitcoin and they are shocked to see the price now increases too high so they think that this is the time for them to buy bitcoin before it is too late. and with high demand from people make the price increases and we can see right now, the price move so fast. in just one night, the increasing of the price is more than $1k, in the other side, it is good for people with a big amount of bitcoin and makes them super rich on the earth right now.
when demand is more than supply the price goes up every time.
Exactly, and the reason why bitcoin moving faster, because many invertor invest in bitcoin, so the demand is going to fast and it's so easy to gain or earned profit.
Don't forget the promise of free coins in the upcoming splits.
This could be a contributor to the hold mentality, which drives up the exchange price through scarcity.
I can see this bull run continuing for at least another week, until the splits begin to kick in.
On one exchange I looked at yesterday, there were 6 buyers for every 1 seller. Wow.
This could be a contributor to the hold mentality, which drives up the exchange price through scarcity.
I can see this bull run continuing for at least another week, until the splits begin to kick in.
On one exchange I looked at yesterday, there were 6 buyers for every 1 seller. Wow.
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