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Topic: What makes the bitcoin price stronger in the market? (Read 10292 times)

hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
The recent drop in bitcoin prices and then sudden rise, though fluctuations like this have been common in the past too, are because of the positive news coming from everywhere regarding August 1. Involvment of more new people, countries, merchants, big corporations in bitcoin also cause bitcoin prices to go up but that something keeps happening throughout the year so I think all the positive news contributed to bitcoin price rise as also it defeated FUD.
hero member
Activity: 2716
Merit: 904
The main reason is that we find more ways to use bitcoin.Companies are using blockchain to connect cloud services, monetize all kinds of human interactions and give refugees access to a secure id.We want to buy it, then creators would want to increase it because the demand is high. Moreover its like most transactions can now be used with bitcoins.   bitcoin is still something that a lot of people want and want to invest in. It is the only cryptocurrency that we can trust in its future and be sure it is decentralized. Also it is the only crypto-currency which we can use to buy stuff from Anywhere.

Yes that's true!, bitcoin price become stronger because of us, more and more bitcoin users is all over the world.
newbie
Activity: 12
Merit: 0

There are aspects that make bitcoin users more and more convinced that bitcoin is a good place for investment so now bitcoin prices are rising in the market!

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Maybe bitcoin is now even more and more recognizable in the world wide web. the amount of Bitcoin is too many  companies want to buy it, then creators would want to increase it because the demand is high. Moreover its like most transactions can now be used with bitcoins.
full member
Activity: 294
Merit: 100
Life is a game, you either play it or get played.
It's history with having an economy separate from the Internet bubble, whole exchange value over time and dominance over alt-coins keep its price up against all odds. The position with digital hybrid patents bring BTC into new grounds when compared to physical interaction of other currencies.

Even if Bitcoin is just a currency that came when the Internet started to pop social media boosted this and that.
sr. member
Activity: 392
Merit: 250

There are aspects that make bitcoin users more and more convinced that bitcoin is a good place for investment so now bitcoin prices are rising in the market!


Bitcoin's price is going strong, but not as strong as the alts in the market. Altcoins' price are shooting through the roof. It doesn't matter which alt you pick. Most of them have given phenomenal gains in the last 2 months.
Bitcoin is totally different from altcoins.Most altcoins are just pumped and so their price are high.But after the dominance of chinese gamblers has got reduced in bitcoin,bitcoin expresses its original value.Its continuous demand and its ever increasing value makes it more stronger.
newbie
Activity: 28
Merit: 0
The main reason is that we find more ways to use bitcoin.Companies are using blockchain to connect cloud services, monetize all kinds of human interactions and give refugees access to a secure id.We want to buy it, then creators would want to increase it because the demand is high. Moreover its like most transactions can now be used with bitcoins.   bitcoin is still something that a lot of people want and want to invest in. It is the only cryptocurrency that we can trust in its future and be sure it is decentralized. Also it is the only crypto-currency which we can use to buy stuff from Anywhere.
full member
Activity: 252
Merit: 100
because as long as i know, every miner/trader will change their alt coin to the bitcoin and then to the country FIAT money, bitcoin is like the root of everything, everyone can trade or mine another coin, but in the end they will trade it to bitcoin, so bitcoin is like the core of them, they can't rise without bitcoin movement. If bitcoin price down the alt coin will be same
sr. member
Activity: 658
Merit: 256
Freshdice.com

There are aspects that make bitcoin users more and more convinced that bitcoin is a good place for investment so now bitcoin prices are rising in the market!


Bitcoin's price is going strong, but not as strong as the alts in the market. Altcoins' price are shooting through the roof. It doesn't matter which alt you pick. Most of them have given phenomenal gains in the last 2 months.
Cryptos' price and value depends on its market demands.Benefits catches the eyes of the people that makes them interested about these kind of currencies. One is because of less charge and fastwr transactions. Other countries are seeing the advantages of these currencies on the countries that made it legal. Bitcoin's price, I think, is increasing because there's an increase on the number of investors and its public demand.
member
Activity: 93
Merit: 10

There are aspects that make bitcoin users more and more convinced that bitcoin is a good place for investment so now bitcoin prices are rising in the market!


Bitcoin's price is going strong, but not as strong as the alts in the market. Altcoins' price are shooting through the roof. It doesn't matter which alt you pick. Most of them have given phenomenal gains in the last 2 months.
I think that the price of any increase is due to the number of users is growing rapidly.
full member
Activity: 128
Merit: 100
I believe Bitcoin is strengthening because of the belief that the split is not going to take place on Aug. 1st.
I believe that in the 12 days left in July we will see the Bitcoin value goes up and down like a rollercoaster.

be strong, hold on, and whoever will stay on the ship will earn huge value in the next year r so.
sr. member
Activity: 406
Merit: 251
Bitcoin is strong in the market because the bitcoin user's confidence is stronger, after some issues that could shake the bitcoin, now see it instead of the price is going down instead of the opposite price is increasing in the market that bitcoin proof is needed in today's by its users
Yes, I agree with what you say, bitcoins are strong in the market because many bitcion users still believe that it makes bitcoin still on the market, and because there are so many problems with bitcoins that are currently happening, bitcoin continues to show its performance in terms of Prices In an increasing market, this proves that bitcoin is still needed today or in the future, maybe in the future it will be better in every way.
newbie
Activity: 56
Merit: 0
I think what gives value is that it seeks to be money, and not everything and the moon like the latest coins. That, and the fact that it's the one that has the longest track record, and largest network effect.
sr. member
Activity: 602
Merit: 250

There are aspects that make bitcoin users more and more convinced that bitcoin is a good place for investment so now bitcoin prices are rising in the market!

As well as the social network, bitcoin price depends on the number of users. That's why the bitcoin price is constantly increasing.
full member
Activity: 476
Merit: 100
I'm sure maybe bitcoin prices will be high in the very near or unexpected,, and in the next year the price will be higher.
legendary
Activity: 938
Merit: 1000
I think the bitcoin rise has many factors ... one of which is due to rise in the dollar in the present ... and the unstable global market that makes bitcoin growth ... ... thanks

Not necessarily. The dollar price does not really affect the BTC price. Charts are completely different. The popularity of BTC has a big impact on the price.

That's because the dollar is very stable too, and what does BTC strong in the market  are a combination of things for example the demand it has in the last days as well as the security it has, and the number of pairs in the markets it has, just to mention some.
hero member
Activity: 3080
Merit: 603
Getting the Bitcoin ETF's approved. This will drive the price up.

But I doubt it this will be approved, the first try didn't worked out. And the other reasons what makes the price of bitcoin up is because of those good news that are coming out. Especially when an expert says that you should buy bitcoins now because there will be people that is going to be encouraged to do that suggestion.
sr. member
Activity: 350
Merit: 250
I think the bitcoin rise has many factors ... one of which is due to rise in the dollar in the present ... and the unstable global market that makes bitcoin growth ... ... thanks
the only reason for which the price of bitcoin is increasing is that people are taking interest in bitcoin. they are really too much confident about the price of bitcoin that it is going to cross 5000 USD and therefore they and still holding bitcoin and even trying to buy more, I think if the interest of the people will decrease then there are more chances that its price will start decreasing. but I am hopeful that the interest of the people will increase more and more and is not going to decrease.
sr. member
Activity: 686
Merit: 282
I think the bitcoin rise has many factors ... one of which is due to rise in the dollar in the present ... and the unstable global market that makes bitcoin growth ... ... thanks

Not necessarily. The dollar price does not really affect the BTC price. Charts are completely different. The popularity of BTC has a big impact on the price.
full member
Activity: 434
Merit: 100
I understand that bitcoin is very unpredictable and we see a very good Bitcoin growth rate. I am confident that the Crypto currency will have an even greater price in the near future. I'm a little scared of other issues, especially when there is need to sell it to change Bitcoin, when contacting an exchanger or another project, the price is very different and the difference is wide enough. How to understand the power of bitcoin in the price and not get on the swindler. Who can be trusted and what resources?
member
Activity: 81
Merit: 10
I think the bitcoin rise has many factors ... one of which is due to rise in the dollar in the present ... and the unstable global market that makes bitcoin growth ... ... thanks
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