What's the reason why BTC rise or decline?

Stedsm

legendary

Activity: 3052

Merit: 1273

Quote from: vasrasus on January 06, 2018, 11:59:27 PM

Quote from: Stedsm on January 06, 2018, 02:34:23 PM

The reason for rise includes:
- Sudden spike in the number of investors who came in watching others investing in it due to the surge that was taking place slowly already.
- Media boost that helped Bitcoin go mainstream.
- From $1k to $20k, it surged to more than 2000%.

Now, let's talk about decline:
- Think of it as a correction because there can't remain positivity all the time, and so does negativity.
- Don't take it as a drop after the price spike, take it as a dip from the ATH, it didn't even go down 50% after rising 2000%.

There are really time for pump and dumps, and thus we see bitcoin value arises and fall , we just know that we should have stick on what we really want for that coin, whether to hold it first. i believe bitcoin will still arise no matter what, it may just take time.

What you are witnessing currently can't be compared to what you saw in early 2014 when it crashed from $1100 to $250 in no time after the pump was injected.
Things have now changed a lot because we didn't see it breaking back hard (in other words, crash) suddenly but there were reasons this time for its rise as well as fall too. It'll rise but we need to stay focused on the problems that are rising too with its adoption, else do you think it will really keep up with the demands of the market?

carriebee

sr. member

Activity: 1148

Merit: 251

As I can assess to this with regard to bitcoin because of demand and support from the users itself. The bitcoin price eversince is uptrend and downtrend. It may usually decrease or increase but once you ride with it you can get benefits of.

vasrasus

hero member

Activity: 946

Merit: 500

Bcnex - The Ultimate Blockchain Trading Platform

Quote from: Stedsm on January 06, 2018, 02:34:23 PM

The reason for rise includes:
- Sudden spike in the number of investors who came in watching others investing in it due to the surge that was taking place slowly already.
- Media boost that helped Bitcoin go mainstream.
- From $1k to $20k, it surged to more than 2000%.

Now, let's talk about decline:
- Think of it as a correction because there can't remain positivity all the time, and so does negativity.
- Don't take it as a drop after the price spike, take it as a dip from the ATH, it didn't even go down 50% after rising 2000%.

There are really time for pump and dumps, and thus we see bitcoin value arises and fall , we just know that we should have stick on what we really want for that coin, whether to hold it first. i believe bitcoin will still arise no matter what, it may just take time.

Lambo-san

newbie

Activity: 35

Merit: 0

Quote from: AllenAllenAllen on December 07, 2017, 04:02:45 AM

As we all know, the recent 2 months, BTC has risen to $15000 quickly. This never happened is the past. How to explain this phenomenon?

The price of Bitcoin is driven by the community. Meaning it could increase or decrease depending on its community. That's the reason why Bitcoin is so volatile in nature. The swift increase in Bitcoin's price would the due to the exponential growth of its user and its demand. We cannot argue about Bitcoin-awareness being spread fast via mass media and social media. This have a big impact in Bitcoin's price. Thus, quick increase.

Stedsm

legendary

Activity: 3052

Merit: 1273

The reason for rise includes:
- Sudden spike in the number of investors who came in watching others investing in it due to the surge that was taking place slowly already.
- Media boost that helped Bitcoin go mainstream.
- From $1k to $20k, it surged to more than 2000%.

Now, let's talk about decline:
- Think of it as a correction because there can't remain positivity all the time, and so does negativity.
- Don't take it as a drop after the price spike, take it as a dip from the ATH, it didn't even go down 50% after rising 2000%.

timerland

hero member

Activity: 1526

Merit: 596

Quote from: AllenAllenAllen on December 07, 2017, 04:02:45 AM

As we all know, the recent 2 months, BTC has risen to $15000 quickly. This never happened is the past. How to explain this phenomenon?

Thats because Bitcoin is completely decentralized, so the buying and selling of Bitcoin is totally dependent on the community. There is no panic holder for bitcoin, meaning that it will and can drop to as low as you want, however on the contrary can also rise to as much as you want.

Usually bitcoin only falls when word of FUD comes around to the light headed and inexperienced traders who sell out of panic. Also, the same can be said when people or bitcoin whales start dumping their stash.

gabmen

hero member

Activity: 1246

Merit: 529

CryptoTalk.Org - Get Paid for every Post!

Well can all observe how btc has penetrated mainstream news nowadays and that brings awareness to people. Popularity brings demand and the more people wanting to buy in, the higher the price gets. Then these same people who rashly bought due to trends panic when they see a little dip.

shinjunobi09

member

Activity: 126

Merit: 14

Many more people are getting interested and are now entertaining the use of bitcoin in their compant because now they see the full potential of bitcoin which can benefit and take as advantage in the business industry especially when they see that value of bitcoin on the rise as compared to the previous year.

LightNestling

newbie

Activity: 69

Merit: 0

I think the sudden movements of bitcoin is due to its ever increasing demand. More people are investing to bitcoin right now which makes bitcoin in demand further increasing its price in the market.

TERA2

full member

Activity: 266

Merit: 222

Deb Rah Von Doom

Private puchases off of exchanges which either utilize or not utilize the blockchain - for instance I hand you my trezor.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: TERA2 on January 04, 2018, 07:23:44 PM

bids and offers on exchanges, as well as offline transactions

Offline transactions? How can it be done if it's offline? or you mean the peer to peer transactions? Buy and sell orders are the ones that are affecting the price, when there are too many people that bought bitcoin then that will fluctuate positively and when there are too many traders who will sell their bitcoins then that will result to the price decrease. Just apply the law of supply and demand.

ransow72

newbie

Activity: 126

Merit: 0

While Bitcoin is over use,Even if their need increases,Their price will be fluctuating.

TERA2

full member

Activity: 266

Merit: 222

Deb Rah Von Doom

bids and offers on exchanges, as well as offline transactions

whitemacna

member

Activity: 123

Merit: 10

There is only so much Bitcoin that will ever exist, every day less and less bitcoins are being “mined”. Unarguably, bitcoin is very popular, which creates more demand for it. The supply however, is limited. That's were the basic principles of Supply and Demand come on.it's because of the demand , maybe not for bitcoin itself but it's obvious that crypto has gone popular these daysyou can't get crypto currencies unless you have bitcoin first , which leads to big demand for bitcoin

Twentyonepaylots

sr. member

Activity: 1918

Merit: 370

Quote from: AllenAllenAllen on December 07, 2017, 04:02:45 AM

As we all know, the recent 2 months, BTC has risen to $15000 quickly. This never happened is the past. How to explain this phenomenon?

The increase and decrease of the value of bitcoin is due to the demand for it and the number of investments on it, so basically if the demand for it is high the value increases and if the demand for it is low the value also decreases.

AngeloMike

newbie

Activity: 73

Merit: 0

The price is manipulated by koreans exchanges, this is a closed bitcoin circuit and pumping bot in a closed yard.
A small country with an average GDP makes 70% of the turnover of all exchanges for btc, yeah sure.

jvdp

hero member

Activity: 1148

Merit: 523

CryptoTalk.Org - Get Paid for every Post!

Quote from: AllenAllenAllen on December 07, 2017, 04:02:45 AM

As we all know, the recent 2 months, BTC has risen to $15000 quickly. This never happened is the past. How to explain this phenomenon?

Bitcoin demand is increasing in all the country. Most of the companies and competitors are like to invest in Bitcoin. So demands are increasing day by day this also one of the reason to increasing the Bitcoin value.
It is decentralised cryptocurrency so no restriction, controlling and monitoring the asset. This is more secured and easy to handle in anywhere.

ir.hn

member

Activity: 322

Merit: 54

Consensus is Constitution

This post explains the rise and future fall of bitcoin
https://bitcointalksearch.org/topic/by-the-time-you-figure-out-why-bitcoin-has-risen-it-will-crash-heres-why-2530391

bitterguy28

full member

Activity: 2114

Merit: 182

★Bitvest.io★ Play Plinko or Invest!

the reason bitcoin rise or decline the price its because thats is the part of currency movement, if the volume of demands goes high also the will price increase, if the demand are down the price decline, i think the reason of bitcoin movement in the marketcap.

DannaWonder

full member

Activity: 140

Merit: 100

Quote from: AllenAllenAllen on December 07, 2017, 04:02:45 AM

As we all know, the recent 2 months, BTC has risen to $15000 quickly. This never happened is the past. How to explain this phenomenon?

It is just a simple example of the law of supply and demand, once the demand goes high you need to have more supply but since bitcoin has a finite supply the the price will go high to meet those demands.

Topic: What's the reason why BTC rise or decline? (Read 373 times)