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Topic: Why bitcoin soaring high. (Read 1791 times)

full member
Activity: 644
Merit: 101
September 21, 2018, 08:12:13 AM
#73
In my opinion the price was all the times high because many crypto community promote benefits of BTC to the new big investor. The price of Bitcoin soar high to fast and the price also was going down so fast. The price of Bitcoin was going down to 70% from the top price and this price action still normal if we look in to historycal the price since 2010. When the price soar and all the times high, do not forget to take profit because the price will be going down, do not FOMO because we will loss by this emotional.
sr. member
Activity: 699
Merit: 438
June 23, 2018, 04:54:44 PM
#72
For me the reason behind why bitcoin soaring high because they are in demand business in this industry because they are trusted company and proven to the investors that can makes you profitable enough.
jr. member
Activity: 154
Merit: 1
June 04, 2018, 08:33:24 PM
#71
There's some possibility about this case
If bitcoin soaring high it was because more people are aware with bitcoin itself, they know that bitcoin  will be more worth to invest and it has a good future for long-term investment.
in other way, it also because there's some manipulation price to the market
For me bitcoin soaring high because many are involved, many wants to learn BTC. Like what you've said it has a good future and it was been proven. Bitcoin give us income if properly handle.
newbie
Activity: 224
Merit: 0
June 04, 2018, 06:38:58 PM
#70
Bitcoin is yet to really soar like it should. I believe bitcoin will fly even higher before the year end. What we are seeing right now is preparation for new all time high price. It is good now to buy more bitcoin.
But with this price comparable to a few years ago, the price of BTC increased too high, but do not understand the reason why, perhaps there are many grandmothers have embedded in and pushed up the price of BTC so, while That the benefits and the amount of BTC is the same as nothing is changed.
member
Activity: 616
Merit: 12
Send&Receive Money Instantly, w/ no hidden costs
June 04, 2018, 06:17:53 PM
#69
There's some possibility about this case
If bitcoin soaring high it was because more people are aware with bitcoin itself, they know that bitcoin  will be more worth to invest and it has a good future for long-term investment.
in other way, it also because there's some manipulation price to the market
member
Activity: 308
Merit: 30
June 04, 2018, 03:56:58 PM
#68
For me the main reason why bitcoin soaring high because of the huge percent of  demands as of now in this business and industry,
in short they can affect each other if theres a sudden changes of the business environment because of the law of demand.
jr. member
Activity: 233
Merit: 2
June 04, 2018, 06:51:13 AM
#67
Bitcoin soar up high once the demand increases in the market  which the investors choose to invest more on bitcoin other than altcoins in cryptocurrency for a purpose profitability that soon to achieve once the value increases up to its limit of peak.
newbie
Activity: 135
Merit: 0
June 04, 2018, 06:33:44 AM
#66
because demand for purchases in the market more than the sales demand. and global discussions are thoroughly uniform. starting from mainland Europe, America, Asia and Africa.

there may be a red dot of that Bitcoin and go back to the green dot because of the many purchase requests.
full member
Activity: 910
Merit: 100
elysian.finance
May 09, 2018, 10:46:40 AM
#65
Just a week, bitcoin price was surprisingly pumping. Is thier any new to a bitcoin. Or maybe some of the new investors get involved of the crypto currency investment.

It could be that as more and more investors want to use bitcoin to make a profit, they will not waste time when bitcoin lowers the price, while bitcoin prices are currently very far away from the highest price level, so investors expect bitcoin to rise higher above their highest prices, and of course they expect big profit from bitcoin.
full member
Activity: 1036
Merit: 109
May 09, 2018, 10:22:25 AM
#64
Just a week, bitcoin price was surprisingly pumping. Is thier any new to a bitcoin. Or maybe some of the new investors get involved of the crypto currency investment.


We all know that bitcoin is volatile and it is just normal to have it green after the red days. There is a big possibility as well that bitcoin might repeat it's history just like it did a year ago. A lot of investors are starting to buy and invest in bitcoin again because the market has just began recovering again. Let's just wait and see.
newbie
Activity: 210
Merit: 0
May 09, 2018, 09:18:38 AM
#63
Bitcoin prices are rising to nearly $ 10,000. This is good news for investors. Bitcoin was born in the cryptocurrency market. It is very much used as a trading tool or investment in the cryptocurrency market. Therefore, the price of bitcoin is always highest in the market.
In the next week, BTC will increase to $ 15,000. Today the market is pumping whales, and the market rebounded after two days of decline. This is a really great thing
full member
Activity: 518
Merit: 100
May 09, 2018, 03:38:27 AM
#62
Bitcoin is yet to really soar like it should. I believe bitcoin will fly even higher before the year end. What we are seeing right now is preparation for new all time high price. It is good now to buy more bitcoin.
sr. member
Activity: 672
Merit: 250
May 09, 2018, 03:31:21 AM
#61
Good to see that the price is really gaining ground and we are getting further away from the bearish market since the beginning of this year. I speculate that the current price hike is brought up by:

  • Investors renewing their interest again on bitcoin and the whole crypto market itself
  • Newbies starting to come back, specially those who purchase at the top price around December and lost their money. They wanted to get back and at least recovered what they have lost during the crash
  • There are positive news, influencing again newbies. So there's fresh blood pumping the current market

So overall, there are really other factors that contributes to it growth lately. Let's hope that it will be sustainable though at we have been targeting $10K before, hope that this time we can breach it for good. As for hitting another all time high this year, I have no doubt we will but its going to be a long road ahead with a lot of challenges.


Like usual, bitcoin takes rest, decreases to allow new investors to join and then increases yielding profits to all his cherishers. I like dips more than pumps for two main reasons. First, it is a golden opportunity for new investors to join in. second, it separates the real admirers from the fake ones. What I think the actual reason can be behind the present pump, big whales are back into investing.
hero member
Activity: 2632
Merit: 833
May 04, 2018, 10:50:52 PM
#60
Good to see that the price is really gaining ground and we are getting further away from the bearish market since the beginning of this year. I speculate that the current price hike is brought up by:

  • Investors renewing their interest again on bitcoin and the whole crypto market itself
  • Newbies starting to come back, specially those who purchase at the top price around December and lost their money. They wanted to get back and at least recovered what they have lost during the crash
  • There are positive news, influencing again newbies. So there's fresh blood pumping the current market

So overall, there are really other factors that contributes to it growth lately. Let's hope that it will be sustainable though at we have been targeting $10K before, hope that this time we can breach it for good. As for hitting another all time high this year, I have no doubt we will but its going to be a long road ahead with a lot of challenges.

member
Activity: 333
Merit: 11
May 04, 2018, 10:03:36 PM
#59
Bitcoin prices are rising to nearly $ 10,000. This is good news for investors. Bitcoin was born in the cryptocurrency market. It is very much used as a trading tool or investment in the cryptocurrency market. Therefore, the price of bitcoin is always highest in the market.
I think Bitcoin will definitely hit $ 10,000 this week and then Bitcoin prices will have a big correction before the start of the new uptrend as this market has grown tremendously in the past month and all of the whales there are more sell signs than buy. The best advice is to keep USDT because the red will soon return to the market

to reach the price of $ 10000 would certainly be achieved, indeed a few days that I see bitcoin has raised the price continues and it happens until now, after rising bitcoin prices in recent days of course we should be more careful to trade or invest, when the market a few green days, what we fear is suddenly will turn red and the price of bitcoin and other altcoin at lowered the price again, so we should be more vigilant.
sr. member
Activity: 812
Merit: 251
UniDApp - it's DeFi time!
May 04, 2018, 12:22:37 PM
#58
Bitcoin prices are rising to nearly $ 10,000. This is good news for investors. Bitcoin was born in the cryptocurrency market. It is very much used as a trading tool or investment in the cryptocurrency market. Therefore, the price of bitcoin is always highest in the market.
I think Bitcoin will definitely hit $ 10,000 this week and then Bitcoin prices will have a big correction before the start of the new uptrend as this market has grown tremendously in the past month and all of the whales there are more sell signs than buy. The best advice is to keep USDT because the red will soon return to the market
member
Activity: 532
Merit: 10
█ J A X N E T W O R K █
May 04, 2018, 11:50:43 AM
#57
Bitcoin prices are rising to nearly $ 10,000. This is good news for investors. Bitcoin was born in the cryptocurrency market. It is very much used as a trading tool or investment in the cryptocurrency market. Therefore, the price of bitcoin is always highest in the market.
hero member
Activity: 882
Merit: 528
May 02, 2018, 03:54:06 PM
#56
It is obvious that bitcoins price is pumping, I believe there are many factors for this which I will explain. Recently bitcoin was shown all over the world due to its sudden spike (around Christmas), this has increased the demand of bitcoin. As more people know about the coin the more people want it (ie increasing the demand). This increases the market value of the coin, which in the long term is beneficial for everyone.
newbie
Activity: 224
Merit: 0
April 28, 2018, 04:03:37 AM
#55
This is probably a one-time pumping of whales into the Crypto market. There are many reasons we can not know, but we simply think that the demand is greater than the supply, the price of BTC will increase. So let's focus on investing.
legendary
Activity: 2674
Merit: 1048
April 28, 2018, 03:58:21 AM
#54
Just a week, bitcoin price was surprisingly pumping. Is thier any new to a bitcoin. Or maybe some of the new investors get involved of the crypto currency investment.
Lots of possibilities if bitcoin prices rise either within a week or a day.

The first possibility of new investors coming and investing in bitcoin, I think it is very difficult for new investors to invest in bitcoin. Assessing the future of bitcoin is still pseudo, everyone can argue that bitcoin will not be worth it. But now many answers to the future of bitcoin, because many companies and countries have adopted the system blockhain, and this will give effect to bitcoin price.

The second possibility, investors who sell bitcoin before and they go back again buy bitcoin to re-invest. The occurrence of crashes will make the investors decide to take the road safely. Can you imagine, if someone has had a huge profit lets say at December bitcoin prices could rise up to $ 20,000, if they do not sell bitcoin in January and until now they will find huge losses.
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