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Topic: What's going on with BTC? - page 8. (Read 2273 times)

newbie
Activity: 5
Merit: 0
May 30, 2019, 05:09:09 AM
#43
This is happening because people are expecting it to happen.
How people think mostly affect the future of Bitcoin price.Our expectations sometimes reflect on our actions.
Most holders aren't selling but holding continuously.I think it will lead to better prices in the future.

In my opinion, holding them won't affect the price, if more people will invest in bitcoin then only the price will rise. thoughts?
newbie
Activity: 38
Merit: 0
May 30, 2019, 05:02:05 AM
#42
Bitcoin did not fall and rose in vain. Everyone got a valuable lesson, that the most important asset for success is your knowledge and caution.
sr. member
Activity: 1330
Merit: 326
May 30, 2019, 04:06:12 AM
#41
There are many possible reasons for bitcoin to continuously pump like what is happening now. Good news really affect the market.  I do think that from the previous long bear market, bitcoin is getting back that moment. Well, we can't really say what is the real reason for the bull run of btc since halving will gonna occur next year.

I've heard the fidelity investment case is one of the reasons for the pump.
newbie
Activity: 60
Merit: 0
May 30, 2019, 03:28:25 AM
#40
Its predicted that the price of BTC might reach $20,000 by September
newbie
Activity: 6
Merit: 0
May 30, 2019, 03:09:13 AM
#39
These guys say that BTC is going up thanks to apps such as Lolli and CasaHodl which have helped to accumulate and simplify the process of being a bitcoin market participant. https://cryptotradernews.com/cryptocurrency/why-is-the-price-of-btc-rising/


Any other explanations as to what's causing this BTC upsurge?

Bitcoin has a very strong recovery.

  At the moment the price of bitcoin is correcting at $ 8600 and according to my observation, the price of bitcoin will continue to rise sharply because currently bitcoin is trading heavily on many exchanges.
member
Activity: 420
Merit: 20
simply getting the job done
May 30, 2019, 02:14:14 AM
#38
I am skeptical about such an analysis. Why these people made such conclusions can only guess. In fact, it seems to me that the reason for the rise in the price of bitcoin is a combination of various factors, and how often they say "it's just time for growth". This happens when the whales have formed their investment portfolio and completed the purchase at a price convenient for them. Good news for cryptocurrency has been before, but it did not affect the market. It is likely that we have witnessed a new bull market.
newbie
Activity: 22
Merit: 0
May 30, 2019, 02:07:32 AM
#37
The cryptocurrency market is strengthening day by day. Although the percentage of frauds is high, but in the end the situation will begin to stabilize when more professional teams arrive, taking into account the sad experience of last year’s start-ups. That is what is going with bitcoin, it’s moving forward
newbie
Activity: 7
Merit: 0
May 30, 2019, 01:49:58 AM
#36
These guys say that BTC is going up thanks to apps such as Lolli and CasaHodl which have helped to accumulate and simplify the process of being a bitcoin market participant. https://cryptotradernews.com/cryptocurrency/why-is-the-price-of-btc-rising/


Any other explanations as to what's causing this BTC upsurge?

It can be seen that the market is showing signs of strong recovery just like the first half of 2017.

The price of bitcoin has now rebounded to $ 8600 and is still on a very strong uptrend.
sr. member
Activity: 1204
Merit: 388
May 30, 2019, 01:31:32 AM
#35
I feel like this US vs China trade war is definitely favoring Bitcoin.
No, it isn't connected.
Both country not about Bitcoin for them issue trading war. They want to handle world market only.
They isn' accept bitcoin as payment to trade them war.
member
Activity: 742
Merit: 21
Be the reason someone smiles today
May 30, 2019, 12:58:59 AM
#34
There's no exact answer to this. There is no specific reason it is going up. Sure, there can be some news, but that doesn't mean it's the reason it's going up. Bitcoin goes up in price, and down in price.
member
Activity: 882
Merit: 13
May 29, 2019, 10:43:28 PM
#33
I think the main reason for bitcoins price going up is that people are starting to buy it because of the bitcoin halving that will happen in 2020. Also adoption is gradually increasing big companies like Facebook are starting to invest in crypto and this will have a huge impact not only with bitcoin but with overall crypto market.
hero member
Activity: 3080
Merit: 603
May 29, 2019, 05:28:15 PM
#32
I haven't seen and heard about these apps but if it regards to the price movement of bitcoin and it helped gathered information about the possible move, I still don't have an idea on how it works but I'll take a look on it afterwards. The time that we're looking today is the possible ending of the bearish market and this convince that we should look at the positivity of the market. Demand is simply increasing that results to the increasing price of bitcoin.
full member
Activity: 952
Merit: 104
May 29, 2019, 05:23:11 PM
#31
BTC is going up because IT HAS TO GO UP. People are starting to believe in it as more than a way of storing value. Like the article says, there are more and more apps out there making it easier for people to use BTC.


You had a point and possible because if people start to believe and become interested to bitcoin the demand volume will increase that way can help,for bitcoin price upsurge.
In own analysis one of the reason of bitcoin upsurge at this time because the World economic going to stable to growth and investors investingbin bitcoin.
legendary
Activity: 2282
Merit: 1023
May 29, 2019, 05:08:22 PM
#30
I feel like this US vs China trade war is definitely favoring Bitcoin.
Anyone can have their own version of events on why the market is going up and we really cannot pinpoint exactly one reason for the market recovering this fast, the only thing you can be certain is that there is a huge flow of money in the market and some are collecting the coins in huge numbers thinking about the rally it can achieve after the halving and that is the only possible answer i can think of right now  Smiley.
newbie
Activity: 14
Merit: 1
May 29, 2019, 04:49:08 PM
#29
Enjoy the moment because it's definitely coming back down again... This is just a good cycle. Not as good as the one from 2017 though.
full member
Activity: 317
Merit: 104
May 29, 2019, 04:49:07 PM
#28
BTC is going uup because people in china and the us are fuc**** tired of their politicians' bs.
sr. member
Activity: 952
Merit: 308
May 29, 2019, 04:25:10 PM
#27
Possible people looking forward for the Bitcoin reward halving next year.  It is proven in the history that BTC goes up once Bitcoin block rewards halved.  You can see it on this chart.


Image taken  from : https://twitter.com/GrayscaleInvest/status/1108008602806218753/photo/1

This is what people are looking for right now.  The reason why Bitcoin price is surging


yep, I think this is the reason. Bitcoin does have a big influence on the price of bitcoin where the reduction in the mining block will make demand greater than supply. Although halving is not felt instantly, at least we can prepare ammunition for the month, before the price actually rises after one year.
member
Activity: 490
Merit: 10
May 29, 2019, 02:28:58 PM
#26
Bitcoin has experience a turmoil over the past year and it risen has been faced with fierce resistance. It is now healing the breeding wound and as everything is determined by demand and supply, the demand is gaining grounds while those who have hold it for long time with their patience is unwilling to give it up. This upsurge will be over when there is a breakout at 10,000 and a bull run began. Thats my opinion.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
May 29, 2019, 02:03:16 PM
#25
I think the adoption of bitcoin by Fidelity investments corporation has more to do with this increasement in btc price than some online shops and real estate agencies (although every help is welcome).
Plus, you know when this pump started there were also good news about the launching app Flexa, in cooperation with several other shops, including famous brands like Starbucks.

In fact, the expressive pump is more about speculation than anything else, I suppose. Some good news, like those mentioned here helped the pump to start, but what maintains and keeps it going are the speculators.
hero member
Activity: 1414
Merit: 516
May 29, 2019, 12:40:11 PM
#24
I don't think this two apps help the bitcoin price grow, the bitcoin price grow because the demand for it was high and people start buy a lot and this happen also because some whales buy it.
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