Topic: What makes Bitcoin to move this fast? - page 8. (Read 3709 times)
Bitcoin moves so fast because of its popularity so many investors and users engage in bitcoin.The price value of bitcoin influenced many people to deal with bitcoin to continue to work on with bitcoin either investing or using it,these are the reasons why bitcoin grow rapidly.
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?
Demand is moving bitcoin with this fast. in fact with is 5% of real value of bitcoin.
it is future money and price must be high
because many bitcoin fans. bitcoin prices increase rapidly because bitcoin prices are influenced by buyers.
It is because of some investors that are coming in into bitcoin right now, maybe those are just making their short term investment because as what we can see right now, bitcoin also drop back to an average of $14500 this month, but still a good amount though.
because many bitcoin fans. bitcoin prices increase rapidly because bitcoin prices are influenced by buyers.
Unsettled regulation and influence of market whales
Bitcoin move so fast because of the large number of investors who want to buy bitcoin and to invest also and it is easier depletes current supplies, So that the demand is going so faster. and also there are some people interested with bitcoin because of good place to invest.
Make Bitcoin able to move that fast because the enthusiasts who are daily increases and always increases. 
The enthusiasm is a result of news of media, media hype can make people enthusiasm of bitcoin increase then make the price of bitcoin rise. While negative news can make the price of bitcoin decline. Thats why news about bankrupty or hacks on bitcoin related websites can cause panic on bitcoin users, then they will do panic selling. So I think its because of media. 
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?
All traders place bitcoin orders at prices higher than market prices, which in turn pushes bitcoin prices higher. But mostly it depends on who owns bitcoin in bulk. These are the ones that can make the bitcoin increase or decrease rapidly. Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?
Fast-moving bitcoins may be the result because enthusiasts of the bitcoin itself are increasing rapidly. the more bitcoin enthusiasts then automatically also bitcoin prices will move with a quick
Yeah it is increasing day by day and more and more people are investing in bitcoin. The fast growing of bitcoin is due to the interest of the people from all over the world and as many people invest in bitcoin it grows more and more and in the future bitcoin will be the mainstream. Nothing can stop bitcoin now because millions of people are attached with bitcoin and in the near future it will raise more high. 
The reason for making Bitcoin rapid rise in recent times due to many reasons. Because Bitcoin has become a trend in recent 6 months, many investors invest in Bitcoin Bitcoin exchange rates led to a strong increase, if Bitcoin is a startup, it is no different growth hacking at all. Rates increased dramatically. But current Bitcoin exchange rates are falling quickly down to 13000 dollars, down $ 5,000 from nearly 19,000 dollars in just one week. But that is only temporary because of Bitcoin exchange rates promises strong growth again in 2018.
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?
The price of Bitcoin is moving fast because of the demands by million of people around the world. Many people wants to earn more income so they see that Bitcoin can give it to them as what others already became rich by investing in Bitcoin. Also, Bitcoin helps us in so many ways like payment of monthly bills thru online. Some are starting to invest because of how social media and the predictions of the price will rise by next year.
The main reason in my opinion is that many people now are involved in bitcoin. The more investors investing on bitcoin the more demand needed thats why its moving this fast. And its actually good thing for us, bitcoin is really becoming profitable and many people are happy about it.
Currently, Bitcoin exchange rates are falling quickly. But I will give the reasons Bitcoin strong increase in the exchange rate over time. One is the need to buy and invest in Bitcoin huge, apparently, it was a new trend in the world today, which made major Bitcoin exchange rates that increase over time. The second is the limit of the Bitcoin also cause its rates are rising steadily, the reduction is only temporary.
New player in bitcoin will get so panic in these kind of event, but old player i think will be calm even when they already invest at $17k.
even the reduction is temporary but it will cause big profit if we buy it at right spot. maybe this will be hold till new year. people sell their bitcoin for gift
Just to clear my understanding by move fast you is the very volatile price. Well, the main driver of the price of Bitcoin is basically because of the demand. And the demand is the one that is also volatile. Everyday there are a lot of selling and buying of Bitcoins happening. And this is because the number of Bitcoin users and traders also increased as bitcoin fame grew up through social media. And with the christmas season coming, a lot of people are cashing out. But many predicts that the price will go back up next quarter of the year 2018.
Ico, gambling sites accepting bitcoin has a very low ratio of increasing its popularity. Gambling sites unfortunately are working on only the collection of bitcoin from the community, they pay the betting prize in altcoin of their own choice. Bitcoin is moving high because it introduced a very easy and efficient transfer system to the users without the involvement any regulated institutions. The only reason that bitcoin is supported by the users it its concept of decentralized money. 
Well the price of the btc continued to rise as it became the part of the growth of the economy and lot of people where flocking in to buy in bitcoins in order to gain profit and the once who had coins sold them off in order to get profit out of their investment.The main economic reason for the sudden hike in the btc market is simply because of the increasing demand for btc as its normal for the price of the btc to go up when the demand increase as there isn't sufficient number of coins created for the entire world so it is normal for the price hike when the demand goes up.
Currently, Bitcoin exchange rates are falling quickly. But I will give the reasons Bitcoin strong increase in the exchange rate over time. One is the need to buy and invest in Bitcoin huge, apparently, it was a new trend in the world today, which made major Bitcoin exchange rates that increase over time. The second is the limit of the Bitcoin also cause its rates are rising steadily, the reduction is only temporary.
At the time when I read your topic, the Bitcoin exchange rate has dropped more than 3000 Bitcoin dollars compared with today. Talking about the exchange rate of the Bitcoin it recently increased to 19000 dollars, then fell to 16000 dollars and as close to Christmas, the rate of the Bitcoin as rising quickly due to the shopping needs of the people for they had sold Bitcoin makes billions temporary price reduction. To the year 2018 Bitcoin will come back and rate increased strongly.
Over time, more and more investors realize that this technology has value and matures to invest in it. This interest is happening on waves and we are now in the midst of such a great wave of new interest, which raises the price. 
Just to clear my understanding by move fast you is the very volatile price. Well, the main driver of the price of Bitcoin is basically because of the demand. And the demand is the one that is also volatile. Everyday there are a lot of selling and buying of Bitcoins happening. And this is because the number of Bitcoin users and traders also increased as bitcoin fame grew up through social media. And with the christmas season coming, a lot of people are cashing out. But many predicts that the price will go back up next quarter of the year 2018.
At the time when I read your topic, the Bitcoin exchange rate has dropped more than 3000 Bitcoin dollars compared with today. Talking about the exchange rate of the Bitcoin it recently increased to 19000 dollars, then fell to 16000 dollars and as close to Christmas, the rate of the Bitcoin as rising quickly due to the shopping needs of the people for they had sold Bitcoin makes billions temporary price reduction. To the year 2018 Bitcoin will come back and rate increased strongly.
I think it is because of the christmas rush. Many of the investors right now are cashing in to use for christmas and new year. You will see in the market a sudden drop of price.
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