I was really amazed last time, that the bitcoin price has risen up to 1300-1330$ dollars in just a few hours, when nobody was expecting such a scenario.
To be honest, I thought we will have some kind of correction in a short time, or at least a small move to the downside, but nothing like that has happened!
Next day about this increase, the bitcoin price went up even to 1420$. There might be many reasons why that happened, but personally I think that the Japan had the biggest influence on this price last time.
They are probably exchanging a lot of their money for BTC, so the demand is getting higher-same as the price.
Topic: What makes the bitcoin price stronger in the market? - page 11. (Read 10292 times)
Bitcoin has a huge market in China and US which is why the price keeps fluctuating a lot and with the rising price, more companies are willing and open to accepting and working on bitcoin currencies to attract more customers. With having just 14k transactions in 2012, Jan 2017 showed a record of 350k transactions. With this, hope the market keeps growing and this currency reaches even more users.
I believe in bitcoin and that’s what is making bitcoin the greatest crypto currency of all time. It’s public trust. Being a pioneer in crypto currency market, bitcoin enjoys this privilege. Millions of people have earned a good amount of money just by investing in bitcoin and hence they have their trust on bitcoin.
That’s what exactly I feel about bitcoin. When I started investing in bitcoin, the price was standing at 450 USD. So you can understand that how much profit I am making just by holding my bitcoin.
That’s what exactly I feel about bitcoin. When I started investing in bitcoin, the price was standing at 450 USD. So you can understand that how much profit I am making just by holding my bitcoin.
Only thing that is really going to be controlling of price is going to be directly relating to the amount of demand that there is for bitcoin and what the traders / whales are doing at the moment. If the big whales want to see the price go down to buy a little low, they'll run a full campaign to make people think that you should get out of a bitcoin right now and such.
It's a crazy ploy but this is stuff that happens with Stocks, Commodities, and even closer to home altcoins all the time through people being bribed in the news to say the right thing to the right audience.
The strength of the bitcoin price is all fake, it's just some people running everything.
It's a crazy ploy but this is stuff that happens with Stocks, Commodities, and even closer to home altcoins all the time through people being bribed in the news to say the right thing to the right audience.
The strength of the bitcoin price is all fake, it's just some people running everything.
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!
There are to many factors which makes the bitcoin price stronger in the market but the main one is the request for it. The demand for bitcoin make the price goes up because of the simple law of supply/demand. The demand is much more higher than the supply. This cause the increase of price. And this will be even in the future the main reason of the increased price of it.
Several factors in my own opinion are responsible for a stronger price of an item or currency. But don't let us mistake higher price for stronger price because in as much as they can be used interchangeably, they are not the same. For me I won't agree that bitcoin price has been stronger because just yesterday, the price went as high as $1500 and with the next few minutes that I checked again, it went back by over $90 that's not a strong price because it didn't stay at that against forces for a long time rather what was witnessed is purely a high price.
One way to make bitcoin as a means of payment is to use bitcoin in everyday life. Currently bitcoin prices have increased significantly. What we do is to continue constantly using bitcoins. This can make bitcoin prices continue to increase.
I don't think so. Bitcoin's price/market is increasing because most of traders prefer to use bitcoin to trade. One thing is also because digital currency is being introduced globally and invetors are interested to invest in bitcoin and altcoins as they see that it has a future.
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 is having good name in the market especially in terms of investment, the price is rising good and people gets more interested when they see it higher than before so they buy now and wait for further price increase. I think Bitcoin is a new currency for most of the new people who are not aware of it and as its demand is increasing, its price will defiantly increase.
One way to make bitcoin as a means of payment is to use bitcoin in everyday life. Currently bitcoin prices have increased significantly. What we do is to continue constantly using bitcoins. This can make bitcoin prices continue to increase.
I don't think so. Bitcoin's price/market is increasing because most of traders prefer to use bitcoin to trade. One thing is also because digital currency is being introduced globally and invetors are interested to invest in bitcoin and altcoins as they see that it has a future. 
One way to make bitcoin as a means of payment is to use bitcoin in everyday life. Currently bitcoin prices have increased significantly. What we do is to continue constantly using bitcoins. This can make bitcoin prices continue to increase.
The only thing that i know that makes the price of bitcoin stronger day by day in the different bitcoins exchangers market is the demand of the people who is really growing big and also the popularity of bitcoin which is a lot way bigger than last year and if you combine those two then it would be probably result for a very high price. You need to remember that we have only limited supply and the demand is getting bigger so we can expect up to 2,000 USD price this year.
I'm thinking this boom will be short lived. Japan lifted the consumption tax (8%) from BTC purchases starting in May. No coincidence that the price rose about 8% against the dollar. I'm kicking myself for not predicting this boom, since I knew about new law. Careless mistake. 
I think Japanese people were waiting for this day, and will buy most of their stalled bitcoin purchases today and tomorrow.
I think Japanese people were waiting for this day, and will buy most of their stalled bitcoin purchases today and tomorrow.
I think the price is high because people feel it could be used in the future, not because it is used now.
Even now the market cap is far too low to be used by the super rich to move money around. I think it is useful for moving smaller amounts internationally, without risk of having it confiscated.
Bitcoin should have a niche in the currency exchange market, but unfortunately that market hasn't even started yet. If I want to exchange Bitcoin for Pounds sterlins to use in the UK, I have to sell for Euro, then pay the normal currency fees, before getting my GBP.
I think the low market cap means that hope can hold the price high. It could be much much higher if it was actually used.
Even now the market cap is far too low to be used by the super rich to move money around. I think it is useful for moving smaller amounts internationally, without risk of having it confiscated.
Bitcoin should have a niche in the currency exchange market, but unfortunately that market hasn't even started yet. If I want to exchange Bitcoin for Pounds sterlins to use in the UK, I have to sell for Euro, then pay the normal currency fees, before getting my GBP.
I think the low market cap means that hope can hold the price high. It could be much much higher if it was actually used.
so far there are no bad news that really affect to bitcoin price since hardfork issue. and good news keep coming that can make people believe in bitcoin that really affect for it is price now
if you want the short term reason for the rise i think it is mostly because of the news about ETF and SEC reconsidering it which is weird if you ask me since again ETF is not really a thing to want for bitcoin anyways but it seems to be effective.
but the long term reason for the overall rise of 150% to 200% rise annually is because bitcoin is still something that a lot of people want and want to invest in. it is the only cryptocurrency that you can trust in its future and be sure it is decentralized. also it is the only crypto-currency which you can use to buy stuff from anywhere that accepts it and that is growing every day with more adoption.
also lets not forget about Japan and Russia regulating bitcoin which was huge news.
but the long term reason for the overall rise of 150% to 200% rise annually is because bitcoin is still something that a lot of people want and want to invest in. it is the only cryptocurrency that you can trust in its future and be sure it is decentralized. also it is the only crypto-currency which you can use to buy stuff from anywhere that accepts it and that is growing every day with more adoption.
also lets not forget about Japan and Russia regulating bitcoin which was huge news.
Why would the reconsideration of the ETF by the SEC motivate a increase in the investment of Bitcoin, if nothing have changed since the first application was done? The Twins are just grabbing a last life line as part of a procedural appeal process, and I doubt if we will have a different outcome with the next decision.
I would much rather guess that the increase is linked to the higher adoption in Japan lately. ^smile^
beats me
and i am saying the same thing. SEC is going to reject their ass one more time most probably and nothing has changed and not much will change even if they accept it.
and yeah Japan and Russia adoption is a big thing that is affecting the price but it is not enough to push the price from $1200 to $1420 in short term. in my opinion this type of news is more like a slow adoption kind of thing that increases the overall price rise speed. but something like ETF is mostly hyped up and FOMO buying and can cause a $200-$300 rise in a week or so!
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!
It`s strange how the posibility of a hard fork made bitcoin even stronger and the price is close to 1500 USD.
Or maybe someone is pumping the btc price right now...
if you want the short term reason for the rise i think it is mostly because of the news about ETF and SEC reconsidering it which is weird if you ask me since again ETF is not really a thing to want for bitcoin anyways but it seems to be effective.
but the long term reason for the overall rise of 150% to 200% rise annually is because bitcoin is still something that a lot of people want and want to invest in. it is the only cryptocurrency that you can trust in its future and be sure it is decentralized. also it is the only crypto-currency which you can use to buy stuff from anywhere that accepts it and that is growing every day with more adoption.
also lets not forget about Japan and Russia regulating bitcoin which was huge news.
but the long term reason for the overall rise of 150% to 200% rise annually is because bitcoin is still something that a lot of people want and want to invest in. it is the only cryptocurrency that you can trust in its future and be sure it is decentralized. also it is the only crypto-currency which you can use to buy stuff from anywhere that accepts it and that is growing every day with more adoption.
also lets not forget about Japan and Russia regulating bitcoin which was huge news.
Why would the reconsideration of the ETF by the SEC motivate a increase in the investment of Bitcoin, if nothing have changed since the first application was done? The Twins are just grabbing a last life line as part of a procedural appeal process, and I doubt if we will have a different outcome with the next decision.
I would much rather guess that the increase is linked to the higher adoption in Japan lately. ^smile^
if you want the short term reason for the rise i think it is mostly because of the news about ETF and SEC reconsidering it which is weird if you ask me since again ETF is not really a thing to want for bitcoin anyways but it seems to be effective.
but the long term reason for the overall rise of 150% to 200% rise annually is because bitcoin is still something that a lot of people want and want to invest in. it is the only cryptocurrency that you can trust in its future and be sure it is decentralized. also it is the only crypto-currency which you can use to buy stuff from anywhere that accepts it and that is growing every day with more adoption.
also lets not forget about Japan and Russia regulating bitcoin which was huge news.
but the long term reason for the overall rise of 150% to 200% rise annually is because bitcoin is still something that a lot of people want and want to invest in. it is the only cryptocurrency that you can trust in its future and be sure it is decentralized. also it is the only crypto-currency which you can use to buy stuff from anywhere that accepts it and that is growing every day with more adoption.
also lets not forget about Japan and Russia regulating bitcoin which was huge news.
because more country are accepting and regulating it, raising the people confidence about it and the trust, i suspect it has t do with the recent russia regulation
it's easy to see here that every time there is a good news bitcoin go high, and this is no different, and also when the price increase this alone attract more investors that bring again even more and so on
it's easy to see here that every time there is a good news bitcoin go high, and this is no different, and also when the price increase this alone attract more investors that bring again even more and so on
I am still amazed as to how far bitcoin's price has gone in the short period of time that it has existed. And to think that around this last time, the price was at around $500 even though the optimism was high because of the halving event. I don't know when this ride is going to end and how it is going to be, but I am glad I am still onboard this current run.
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