What's going on with BTC? - page 8. | Bitcointalksearch.org

samsenger4545

newbie

Activity: 5

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Quote from: Genemind on May 29, 2019, 07:05:45 AM

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?

zernaloot29

newbie

Activity: 38

Merit: 0

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.

maxreish

sr. member

Activity: 1330

Merit: 326

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.

mann1983

newbie

Activity: 60

Merit: 0

Its predicted that the price of BTC might reach $20,000 by September

indeliblegain

newbie

Activity: 6

Merit: 0

Quote from: cryptomarketyourself on May 29, 2019, 04:53:26 AM

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.

aad140386

member

Activity: 420

Merit: 20

simply getting the job done

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.

krewbfu

newbie

Activity: 22

Merit: 0

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

romo999

newbie

Activity: 7

Merit: 0

Quote from: cryptomarketyourself on May 29, 2019, 04:53:26 AM

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.

Krislaw

sr. member

Activity: 1204

Merit: 388

Quote from: luigivessota on May 29, 2019, 05:12:05 AM

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.

killat

member

Activity: 742

Merit: 21

Be the reason someone smiles today

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.

Aldrinx00

member

Activity: 882

Merit: 13

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.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

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.

rodel caling

full member

Activity: 952

Merit: 104

Quote from: marketingnerd on May 29, 2019, 05:12:06 AM

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.

7788bitcoin

legendary

Activity: 2282

Merit: 1023

Quote from: luigivessota on May 29, 2019, 05:12:05 AM

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

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cryptotradernews

newbie

Activity: 14

Merit: 1

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.

bobsav2121

full member

Activity: 317

Merit: 104

BTC is going uup because people in china and the us are fuc**** tired of their politicians' bs.

maldini

sr. member

Activity: 952

Merit: 308

Quote from: serjent05 on May 29, 2019, 06:12:09 AM

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.

oseikuf44

member

Activity: 490

Merit: 10

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.

uneng

hero member

Activity: 2044

Merit: 784

Leading Crypto Sports Betting & Casino Platform

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.

Adriano2010

hero member

Activity: 1414

Merit: 516

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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