Guess you mean "break' and not brake.
Great and useful applications have to be built on top Bitcoin to increase mass adoption.
Some applications I would love to see are chat app, social media apps, insurances, healthcare marketplace etc
Topic: what will make bitcoin price to brake its all time high - page 2. (Read 1015 times)
Bitcoin does work well and is often pumped so many people have to follow the pace of bitcoin, so they don't lose opportunities. We see that this situation needs to be learned when bitcoin reaches its peak and movements are always unexpected so it must be able to take it before the bitcoin brakes the value and goes back down.
bitcoin grew in value because of its amazing blockchain technology and now its used as payment in some fields
Now what new things we can expect that will make buyers came back and make price brake all time high
will it brake all time high
Now what new things we can expect that will make buyers came back and make price brake all time high
will it brake all time high
See dude first you need to understand the fact that, How bitcoin price affects or what are the sequences that led to the growth.
Okay i dont want to be more complicated, but literally you need to be understandable.
The First thing that makes the bitcoin price fluctuate is we ourselves. I mean when more people invest in Bitcoin, it increases the rank.
Also when there are less people investing in the coin, it will decrease the price.
Hope you now understands how it works.
Big developments are needed to break the all-time high price record of bitcoin in 2017 but it may not happen yet within two years unless whales start their non-stop buying binge on the leading coin. The bitcoin halving that will happen next may also push some prices up but there still no assurance that a big bullrun will follow soon. Breaking the all-time high will really happen in the future but nobody knows and instead of waiting for it, you should start accumulating bitcoin now in preparation for that bullrun.
if there is no high demand in the market, of course the price will not reach ATH, if you want to see prices return to ATH, you need a lot of demand, and marketcaps should be more than $300 million dollars for bitcoin market, it will happen if the market is full of trust
What we need right now are factors that will create these demands, though we already have some few listed projects for the year that will create demands, but in don’t know if those projects are really more than enough to push it high to ATH, but I do believe that as we are waiting patiently and preparing for the bull market, the market will remain positive all these year and as I have believed and see in many other post I have ready on this forum, I think next year should really be the time the bull will settle in, especially the having expected to occur in may 2020, what the halving will first do is to create enough buy then while the bigger whales comes to play the remaining roles. 
Well bitcoin does not only grow in value because of it blockchain base payment system but also it value increase is as a result of the demands for it as a commodity on the exchange Marje. And I believe demands is what really determine the value of bitcoin and nothing else.
What makes the price of bitcoin rise is the number of requests so that the supply is lacking, because of the positive response to bitcoinNews that reflects the positive impact of bitcoin on a country or globally will trigger high demand so that the price rises.
Bitcoin went as high as $20,000 when we lest expected and we were able to make profits from that upwards movement in December 2017 when this happens. I strongly believe that most event do not move the market much and market react to positive price movement when we have some serious technical breakthrough. Therefore, I do believe that the bullish trend that will create another high is going to be during bitcoin halving.
Nothing specific is needed for it to break ATH. It will do it naturally. Sure Wall St institutional investors jumping on board will help, more merchant adoption will help, progress on the LN and word-of-mouth promotion of that will help, continued advancement of bitcoin will help if there are any big updates in the next year or two, ETF and similar products opening up bitcoin to "traditional" investors who only buy things through Wall St regulated exchanges will help, friendly government hands-off regulation will help, business like JPMorgan, Facebook, etc raising awareness by creating their own cryptocurrencies will help.
But really it needs to get to $20k again is time. Market psychology will take care of the rest. I would say the above list of things will help in the market deciding how high above $20k it will soar by the end of the new bull run. If there's a lot of big things happening maybe we'll see 150k in a couple years, if there's less of those things maybe we'll only see 80k. But for 20k all it needs is time for people and money to take notice of the rising prices and slowly push the floor from 5000 to 20k.
But really it needs to get to $20k again is time. Market psychology will take care of the rest. I would say the above list of things will help in the market deciding how high above $20k it will soar by the end of the new bull run. If there's a lot of big things happening maybe we'll see 150k in a couple years, if there's less of those things maybe we'll only see 80k. But for 20k all it needs is time for people and money to take notice of the rising prices and slowly push the floor from 5000 to 20k.
one thing that can make bitcoin break its all time high is if the top companies and industries adopt its usage. We know today so many people have heard about bitcoin but only few companies and countries have so far adopted its usage. We will see bitcoin price rise very high, breaking its all time high if top players (companies and countries) adopt it for day to day trasnsaction use.
People across the globe have in one way or the other heard about bitcoin but are yet to adopt its usage that is why bitcoin is stagnant for now. If there is a massive adoption world wide, this will make the price go very high and surely brake its all time high. Adoption is the only thing we need now.
For bitcoin to brake its all time high it will require positive mass adoption and all countries legalization's, it use cases can also create higher demand giving great value to the currency.
It's maybe someday breaks it's all time price record. Bitcoin is a well designed cryptocurrency, if you see then noticed that it's price increasing day by day. It's maybe happen that bitcoins price become so high which breaks it's all time high.
Greater demand, to put it simply. This will come from further development of the protocol as well as user-friendliness. It won't take much to pump the price given that bitcoin is very mildly inflationary.
greater demand ? your saying it to easy but i tell you mate it is actually hard to have a higher demand in bitcoin because bitcoin price is expensive . not all people can afford it in a whole . sure they buy in smaller chunks but that is useless and wont be effective for pumping the price . other factor is the acceptance . bitcoin is still new and other people dont have idea on it . other country still banned it but time heals as they say . soon these people and country can adjust and change thier minds to accept bitcoin .
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This will come from further development of the protocol as well as user-friendliness
bitcoin is already a user friendly coin . it isnt hard to use and operate . any average people with average mind can be able to make a transaction . bitcoin is already nearly perfect . it does not need any develpoment anymore imho
Well bitcoin does not only grow in value because of it blockchain base payment system but also it value increase is as a result of the demands for it as a commodity on the exchange Marje. And I believe demands is what really determine the value of bitcoin and nothing else.
What makes the price of bitcoin rise is the number of requests so that the supply is lacking, because of the positive response to bitcoinNews that reflects the positive impact of bitcoin on a country or globally will trigger high demand so that the price rises.
Greater demand, to put it simply. This will come from further development of the protocol as well as user-friendliness. It won't take much to pump the price given that bitcoin is very mildly inflationary.
Well bitcoin does not only grow in value because of it blockchain base payment system but also it value increase is as a result of the demands for it as a commodity on the exchange Marje. And I believe demands is what really determine the value of bitcoin and nothing else.
What makes the price of bitcoin rise is the number of requests so that the supply is lacking, because of the positive response to bitcoinNews that reflects the positive impact of bitcoin on a country or globally will trigger high demand so that the price rises.
From adoption to adoption and more adoption that's what not only bitcoin needs but every coins and tokens that wants to be successful must have better adoption rate,the higher the better
Maybe some people who not want to grow so much, maybe some whales who want to buy more, or maybe some governments who involve and have crypto even if they say not like. But now already we have a grow, i hope next stop is 7000$ and from there to 10,000$ and after bull run.
Government actions are a big time high in this topic's subject.
You can already see some price influences by them when 2 days ago 20k were bought immediatly.
Currently price at $5132 which means yeah it kinda broke the steady long price of ~$4000.
If this keeps going (government buying, more new investors due to some huge green news) then yeah it will eventually break his all time high.
You can already see some price influences by them when 2 days ago 20k were bought immediatly.
Currently price at $5132 which means yeah it kinda broke the steady long price of ~$4000.
If this keeps going (government buying, more new investors due to some huge green news) then yeah it will eventually break his all time high.
In one world : Adoption.
And i don't mean just for pay things.. but also for the biggest investors, as an investment, a store of value. So, buy things, investments, and will also help the world crysis and the USD crysis.
Yeah, adoption and acceptance... More acceptance more investors more profits... If all the unwanted and bad news regarding of bitcoin and cryptocurrency will disappear a lot of people will start to accept and use bitcoin... This will also will push all government from different places to accept bitcoin as part of economy... And i don't mean just for pay things.. but also for the biggest investors, as an investment, a store of value. So, buy things, investments, and will also help the world crysis and the USD crysis.
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