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Topic: What makes the bitcoin price stronger in the market? - page 3. (Read 10292 times)

full member
Activity: 179
Merit: 250
Bitcoin still has not even reach the mania level.  Mania is where EVERYBODY is talking about it, and investing in it. Even elementary school aged kids  In a maybe couple more cycles this will happen. Wait till a Bitcoin billionaire shows up on the Forbes list. Then watch and see what happens.
If satoshi claims his mined coins then he should be in the forbes list without a doubt as his valued asset is over multi billions and whether he is claiming those perks is another story.Majority of the investors are making millions with it and it will take some time and a real innovation to see some billionaires in the club.

I think there are some already but they are smart and don't want anybody to know how who they are.
hero member
Activity: 1078
Merit: 514
Quote
What makes the bitcoin price stronger in the market?

On 15 May this is:

  • South Korean policy aimed to Lowering Capital Requirements will likely attract more fintech and Bitcoin companies to the market.
  • Bitcoin gaining acceptance in japan, japanese increasingly using Bitcoin
Japan plays the biggest role in this price's climbing. And I heard that Sweden is going to fallow Japan from the 1st June. We are going to see 2000$ per 1 BTC very soon my friends!
hero member
Activity: 3150
Merit: 636
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If I'm not mistaken the demand and new investors that are coming in to invest in bitcoin is what makes the price stronger.

Because of new capital and money that is being entered to the bitcoin economy that is adding to the price increase.

And when there are whales that are selling that's the start of price decreases but still that will be the advantage of the traders.

They are buying at low and just hold it until the price gets higher.

I agree, if it is not for the new investors and adopters, there will be no demand and new funds coming in to Bitcoin economy.  This is the reason why we promote, advertise, and encourage merchant to adopt Bitcoin and put it on their list of accepted payment.  To attract new users and show them that  Bitcoin has indeed a usage and is in demand of certain stores world wide.

Well it's a real fact that because of those new investors they are the ones that is making the price of bitcoin higher.

And if they are not here for sure we will remain at lower price and that's why the price becomes higher.

Also a lot of features of bitcoin are being loved by new investors.
sr. member
Activity: 882
Merit: 251
I can say bitcoin price is going stronger in the market because of its demand that many users attracted to bitcoin. I think also by the big whale that pumps bitcoin price. Also, its really going strong in the market as many users invest in bitcoin.
full member
Activity: 234
Merit: 100

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 getting more stronger and gaining more power than the other cryptocurrencies. That is because bitcoin is the no.1 cryptocurrency and there's a lot of people who wants to use bitcoin for their investment rather than the other cryptocurrencies. The trust of the people to the bitcoin is the reason why the bitcoin is getting stronger and the prices of the bitcoin is rising in the market.   

Also a lot of countries especially major ones have begun accepting Bitcoin that are namely Japan, Australia, and other more. This is a good publicity for Bitcoin that serves as free advertisement and a great chance to introduce it through out the world and rise the interest in this new kind of currency in online world.
sr. member
Activity: 700
Merit: 250
Quote
What makes the bitcoin price stronger in the market?

On 15 May this is:

  • South Korean policy aimed to Lowering Capital Requirements will likely attract more fintech and Bitcoin companies to the market.
  • Bitcoin gaining acceptance in japan, japanese increasingly using Bitcoin
newbie
Activity: 55
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!

Bitcoin is getting more stronger and gaining more power than the other cryptocurrencies. That is because bitcoin is the no.1 cryptocurrency and there's a lot of people who wants to use bitcoin for their investment rather than the other cryptocurrencies. The trust of the people to the bitcoin is the reason why the bitcoin is getting stronger and the prices of the bitcoin is rising in the market.   
legendary
Activity: 1372
Merit: 1008
Bitcoin price is based on the increase or decrease of demand.We could see that there is a huge increase in demand for bitcoins as it is made as legal payment in japan.Bitcoin could be the only crypto currency which could be believed that it would remain decentralized till last.People have realized the potential of bitcoin and are ready to buy it by any means.

Yes it is due to the increase of demand because Japan and Australia adapted Bitcoin. Many countries are now slowly adapting Bitcoin and I hope that one day, my country will also adapt it. By that time, I'm sure that there will be other huge increase in Bitcoin price.
I hope there will be many other countries that follow the footsteps of japan and australia. So bitcoin prices will continue to rise. Because many people start believing to use bitcoin
hero member
Activity: 1190
Merit: 500
Bitcoin price is based on the increase or decrease of demand.We could see that there is a huge increase in demand for bitcoins as it is made as legal payment in japan.Bitcoin could be the only crypto currency which could be believed that it would remain decentralized till last.People have realized the potential of bitcoin and are ready to buy it by any means.

Yes it is due to the increase of demand because Japan and Australia adapted Bitcoin. Many countries are now slowly adapting Bitcoin and I hope that one day, my country will also adapt it. By that time, I'm sure that there will be other huge increase in Bitcoin price.
The adoption of the state will make many people think that bitcoin is safe so people are willing to invest in bitcoin without fear. That's why demand is rising at the moment
sr. member
Activity: 272
Merit: 250
Bitcoin price is based on the increase or decrease of demand.We could see that there is a huge increase in demand for bitcoins as it is made as legal payment in japan.Bitcoin could be the only crypto currency which could be believed that it would remain decentralized till last.People have realized the potential of bitcoin and are ready to buy it by any means.

Yes it is due to the increase of demand because Japan and Australia adapted Bitcoin. Many countries are now slowly adapting Bitcoin and I hope that one day, my country will also adapt it. By that time, I'm sure that there will be other huge increase in Bitcoin price.
I just heard the news about this. It is quite unexpected if a country adopts bitcoin. Of course that would be good news. And do not be surprised if bitcoin prices can explode like this
sr. member
Activity: 252
Merit: 250
Bitcoin still has not even reach the mania level.  Mania is where EVERYBODY is talking about it, and investing in it. Even elementary school aged kids  In a maybe couple more cycles this will happen. Wait till a Bitcoin billionaire shows up on the Forbes list. Then watch and see what happens.
If satoshi claims his mined coins then he should be in the forbes list without a doubt as his valued asset is over multi billions and whether he is claiming those perks is another story.Majority of the investors are making millions with it and it will take some time and a real innovation to see some billionaires in the club.
hero member
Activity: 728
Merit: 501
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Speculation, mere speculation is behind this aggressive pump in the bitcoin market because I can't see substantial improvements to solve the different issues in this bitcoin ecosystem. Unfortunately speculators are making the whole altcoin market a simple pump and dump business.

Yup, that's the main thing that affects Bitcoins price either Pump or Dump. Another thing that affects its price is the News, if there are positive news about Bitcoin, its price will likely pump, and vice versa. In addition with that, the market supply of Bitcoin also affects its price. The difficulty of mining a single block increases making the miners took some time mining it. Thus, making the supply limited and increasing the demand for the coin due to the engagement of other country, businesses and individuals also makes its price stronger.
hero member
Activity: 966
Merit: 507
Speculation, mere speculation is behind this aggressive pump in the bitcoin market because I can't see substantial improvements to solve the different issues in this bitcoin ecosystem. Unfortunately speculators are making the whole altcoin market a simple pump and dump business.
full member
Activity: 169
Merit: 102
What makes the Bitcoin price stronger is the bitcoin users who commits their time for bitcoin. Without their hardwork and presence of mind, bitcoin won't go this far. In return, bitcoin is very promising when we think about the return of investment. Bitcoin users were confident in what bitcoin can do for them.
Yes the users are making the bitcoin very stronger and they will definitely get the benefit because of their efforts the price of bitcoin is also increasing. The investors who only invest for their future profit are also the people because of which the price increase but the permanent users are the stronger supporters.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
The fact that it is the first and most known currency, there's a lot of investors, traders, users of bitcoin at all.
full member
Activity: 179
Merit: 250
The price of bitcoin is becoming more strong because of us,
The people who supports and invested on it so we are the reason why it is hitting so high right now,
Hope to attract more users and investor to get it higher.

Its like the bigger it gets, the bigger it gets! The snowball effect. What will the snowball look like in a year. Wink
sr. member
Activity: 854
Merit: 251
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The price of bitcoin is becoming more strong because of us,
The people who supports and invested on it so we are the reason why it is hitting so high right now,
Hope to attract more users and investor to get it higher.
full member
Activity: 179
Merit: 250
Bitcoin still has not even reach the mania level.  Mania is where EVERYBODY is talking about it, and investing in it. Even elementary school aged kids  In a maybe couple more cycles this will happen. Wait till a Bitcoin billionaire shows up on the Forbes list. Then watch and see what happens.
sr. member
Activity: 462
Merit: 250
Bitcoin price going strong because of high demand from investor, and also ppl start to aware about bitcoin and altcoin as a payment or digital asset
newbie
Activity: 56
Merit: 0
in short, japan, they make it stronger in the market, news, publicity and usability.
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