The community behind Bitcoin is what makes the price of Bitcoin grow. If there was a large investor within Bitcoin then he or she would not be able to get rich plus famous with Bitcoin because there is just a bunch of issues with Bitcoin that we have somewhat of an idea of it. Day trading Bitcoin is one of the things that allow the price to grow as well and the price of Bitcoin could get larger if more people hold onto their Bitcoin.
yes that can be the reason and i think people are getting more and more confidence and therefore they are becoming more confident, i think a time will come when bitcoin will be available in every part of the earth and every person of the world are using bitcoin. because bitcoin is spreading in all over the world very rapidly. 
Topic: What makes the bitcoin price stronger in the market? - page 7. (Read 10220 times)
Strong bitcoins in the market due to the high demand and bitcoin users
Strong bitcoins in the market due to the high demand and bitcoin users
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!
The following may have influenced the rising of Bitcoin price in the market:
1) Its supply is fixed.
2) There seems to be a huge number of people using and/or dealing with Bitcoin.
3) The higher Bitcoin's price is, the higher the number of transactions involving Bitcoin will come to play.
4) Pioneer among other digital currencies, or should I say, the most popular of all digital currencies as of writing.
The list above is not exclusive as there are other factors that contribute to its success in the market.
One thing that is always on my mind.
It is the increase in population that makes it expensive.
As we grow in numbers we all tend to want at least a bitcoin in our hand.
If that is the way we all think then the number of bitcoin outside will get lower.
Then that means demands. If we stay on holding it while more users are coming it will get even lower to the point that it will get hard to get even just 1 bitcoin.
It is the increase in population that makes it expensive.
As we grow in numbers we all tend to want at least a bitcoin in our hand.
If that is the way we all think then the number of bitcoin outside will get lower.
Then that means demands. If we stay on holding it while more users are coming it will get even lower to the point that it will get hard to get even just 1 bitcoin.
Yep that is exactly the basic principle of economics
As the demand increases the price also increases then as the demand decreases the price also decreases.
On the other hand,
As the supply increases the price decreases then as the supply decreases the price increases.
You'll see that the relation between demand and supply are directly proportional to each other while the relation between supply and price are indirectly proportional to each other.
Hence we can say that the users of Bitcoin is increasing but the other fact is that the supply of Bitcoin being not sufficient or in other words it can't keep up the pace of the demand increasing in order for the price to be stable that yield to its unstable prices that changes from time to time.
Due to high demand and also the users who has a smart way to manage bitcoin, thats why it gets more stronger
One thing that is always on my mind.
It is the increase in population that makes it expensive.
As we grow in numbers we all tend to want at least a bitcoin in our hand.
If that is the way we all think then the number of bitcoin outside will get lower.
Then that means demands. If we stay on holding it while more users are coming it will get even lower to the point that it will get hard to get even just 1 bitcoin.
It is the increase in population that makes it expensive.
As we grow in numbers we all tend to want at least a bitcoin in our hand.
If that is the way we all think then the number of bitcoin outside will get lower.
Then that means demands. If we stay on holding it while more users are coming it will get even lower to the point that it will get hard to get even just 1 bitcoin.
There are many factors that affect bitcoins price directly or indirectly:
1. As the currency is expanding in many countries this causes butcoin to be introduced to many new investors this leads to increase in market cap and thus increases the price.
2. A positive news for bitcoin , like let's say some exchange like western union announces that they are going to accept bitcoin because of this current investors will invest more as they are aware in future because of this introduction price will increase
Yeah those two are connected to each other because of the positive news about bitcoin came up then it will make a noise in the market and soon it will attract other investors outside the market to invest in bitcoin and it will become a huge help because there will be a new demand added to the market and it will pump the price of bitcoin. 1. As the currency is expanding in many countries this causes butcoin to be introduced to many new investors this leads to increase in market cap and thus increases the price.
2. A positive news for bitcoin , like let's say some exchange like western union announces that they are going to accept bitcoin because of this current investors will invest more as they are aware in future because of this introduction price will increase
There are many factors that affect bitcoins price directly or indirectly:
1. As the currency is expanding in many countries this causes butcoin to be introduced to many new investors this leads to increase in market cap and thus increases the price.
2. A positive news for bitcoin , like let's say some exchange like western union announces that they are going to accept bitcoin because of this current investors will invest more as they are aware in future because of this introduction price will increase
1. As the currency is expanding in many countries this causes butcoin to be introduced to many new investors this leads to increase in market cap and thus increases the price.
2. A positive news for bitcoin , like let's say some exchange like western union announces that they are going to accept bitcoin because of this current investors will invest more as they are aware in future because of this introduction price will increase
Strong bitcoins in the market due to the high demand and bitcoin users
The amount of people that want to use Bitcoin to purchase things are what drives the price of Bitcoin up. If there was a small amount of people trying to purchase Bitcoin for whatever reason they have then the price of Bitcoin would not be where it is right now. With all the promotion that is going on with Bitcoin there is a large chance that Bitcoin will get more expensive and there will be a larger amount of people wanting to purchase it because they will be able to directly purchase things from their favorite store owners.
Because the more stores that receive payments using bitcoin then this is a trigger for people to start switching using bitcoin, so this will bring positive effects for bitcoin, of course this makes bitcoin prices rise due to an increased market demand
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...
But if we can gain a larger blocksize and more adoption will come for bitcoin. Just the matter of time. And wish the politicians on bitcoin try to stop his greedy campaign right now.
The amount of people that want to use Bitcoin to purchase things are what drives the price of Bitcoin up. If there was a small amount of people trying to purchase Bitcoin for whatever reason they have then the price of Bitcoin would not be where it is right now. With all the promotion that is going on with Bitcoin there is a large chance that Bitcoin will get more expensive and there will be a larger amount of people wanting to purchase it because they will be able to directly purchase things from their favorite store owners.
thinking that the user of bitcoin is increasingly from year to year and more of corporation now support using BTC as their payment
also from lot of people using BTC worldwide that appear the think of stocking more bitcoin and the price raising gradually
also from lot of people using BTC worldwide that appear the think of stocking more bitcoin and the price raising gradually
I think it has to do with consistent patronage of Bitcoin and the confidence people are reposing in it day after day as we broadcast it to the Unknown worldwide.
Some people think that people spending Bitcoin is what causes the price to rise, but that's not the case. The price of Bitcoin rises simply because there are more Bitcoins being bought than there is being sold. When many people buy Bitcoin, all the amount that is currently available for sale at that particular price gets sold out, and then the higher priced Bitcoins that are available, become the new price of Bitcoin. That's how prices rise in all markets. The rising price is a sign that more and more money is getting converted into Bitcoin, by investors.
There are two main reasons why investors are preferring Bitcoin; One of them is that they're looking for a safe asset to place their money into, and especially in countries where there is capital controls Bitcoin provides important advantages. The other reason is, obviously, the consistently appreciating value of Bitcoin.
I would say that the main asset of bitcoin is its ROBUSTNESS. Robustness in terms of physical security in a way that it can withstand different attacks (hacks) and keep standing all throughout these past years. Another is robustness in terms of withstanding competitive attacks and issues in a way that bitcoin endured all threats around it. It maybe in the form of competitors (alts), internal disputes, government, and other obstacles in front of bitcoin. By these reasons, many people support bitcoin even more and that makes bitcoin strong in the market.
I think the price is going up because of its strong there are many created every time. the amount of it is too many that 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. Bitcoin is now even more and more recognizable in the world wide web.
Yes it is right. Bitcoin price in the market is profitable on just holding it because its value always increase just like not its price pump more than ever before. So it is a great impact on businesses who want big income. If we are going to invest on bitcoin personally we could also earn we just need to monitor always the price and have a decision making for a better managing of bitcoin. And if market will accept bitcoin on transaction not just on price but on its faster transaction. I am surprised that bitcoin is getting this strong but I do not know any reason behind it. This might be another pump of the whale or the effect of bitfinex issue with the bank. Money is flocking now on bitcoin. Anyway, this is good for all of us.
There are many reasons why bitcoin is getting stronger in the market, but nobody will know about it, so it makes bitcoin more famous
To be honest, I am not surprised with the current price rise as I am expecting this sharp move (both upwards and downwards) in this year. I think this is a symptom of increasing trust in cryptocurrencies (not only in bitcoin but in ltc etc too), prices will keep fluctuating but the growth in user base is very promising for the future of these cryptocurrencies.
Yeah, Bitcoin already built its reputation to the public and a lot of people now especially those investors and traders trusted bitcoin for their possible investment or source of income and also the good news like the leading country that adopts bitcoin which is the country of Japan, that is enough for the proof that bitcoin is getting bigger and bigger and soon we will witness a 10x price for bitcoin. Jump to: