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Topic: Why bitcoin soaring high. - page 4. (Read 1791 times)

hero member
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December 12, 2017, 06:59:29 AM
#13
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.
Bitcoin is the cryptocurrency and it is decentralised so no one control the Bitcoin value. Many investors and many companies are investing in Bitcoin and most of the miners also mining the Bitcoin. These are the main reason to raising the value. In future also it will raise because day by day increasing the competitors so demand is increasing in digital market.
legendary
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December 12, 2017, 06:45:36 AM
#12
In my opionion it has to do with the Bitcoin futures launch.

I think many hedge funds are buying up bitcoin to later market make with it.

They will basically use that Bitcoin to arbitrage against spot and future exchanges. So they don't really care what price they pay as long as the futures markets have good volume.
sr. member
Activity: 756
Merit: 251
December 12, 2017, 06:44:16 AM
#11
The world is getting digital that's why its soaring high. There are lots of digital businesses and even traditional businesses are going digital. The users are getting more also and the demand goes up. If the demand goes up then the bitcoin price is soaring high as well. Its actually the impact of its positive result.
sr. member
Activity: 434
Merit: 250
December 12, 2017, 06:13:55 AM
#10
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.

The huge price bump is happening due to more number of new investors but now the bitcoin price got stabilized at $16k.But altcoins price started to bump for eg:LTC it reached $250 just few moments ago which is a sign that more people in the world started to accept crypto currency.
newbie
Activity: 48
Merit: 0
December 12, 2017, 06:00:46 AM
#9
Adding Bitcoin in futures and discussing in news and business channels about Bitcoin is generating awareness in investors about bitcoin. Since the supply is limited, new investors are creating more demand and it results in increasing price of Bitcoin.
full member
Activity: 588
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December 12, 2017, 05:26:29 AM
#8
Bitcoin and others altcoin going up trend I think because many new investor jump in to cryptocurrency , this is we can see from volume of market cap that increasing 4 times more, and in the future will many and many again new people will jump it.
full member
Activity: 658
Merit: 108
December 12, 2017, 04:59:20 AM
#7
Both little fish and big whales have been entering Bitcoin market. However, volume on recent spikes is rather low, and a pullback from the trend could be expected. Bitcoin futures also moved the market.
full member
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December 12, 2017, 04:24:45 AM
#6
bitcoin uses so much because no matter what they know and how little bitcoin they know they still enter it and they just use bitcoin to invest and hold bitcoin so they earn it because bitcoin is just the highest which is the price of all the coins, so many users and lots of bitcoin buyers so its price rises.
full member
Activity: 560
Merit: 101
December 12, 2017, 03:59:51 AM
#5
Maybe global awareness in bitcoin is one the reasons for increasing demand for bitcoin. Many have been enriched and now a lot of people are trusting bitcoin.
hero member
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December 12, 2017, 03:48:13 AM
#4
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.
The only thing which is making bitcoin market value to rise this much is none other than that of increasing demand of bitcoin in the international market.

The only reason behind this much high demand is that with each passing day, the number of people who are getting to know about bitcoin is increasing and they are thinking of it as the best investing option. It will help you in making lot more profit than any other investment.

full member
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December 11, 2017, 11:37:44 AM
#3
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.

Yes bitcoin is soaring high to get to all over the world. So that all the world will know bitcoin that really saves in a life that needs help and to give hope to everyone needs more upgrade their life especially in financial crisis. Really eagle is a great illustration of bitcoin because bitcoin can last long to go anywhere, unto all of the world. That soon it will be known to all over the world and accept bitcoin in any places of the earh.Bitcoin represents eagle as a beautiful and strong enough to make it all easy. Soaring high until it succeed.
full member
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December 11, 2017, 10:57:41 AM
#2
I think Investors have learned from bch and btg, those are free money for btc holder. they won't miss the chance to get upcoming airdrop again so they buy btc as much as possible. maybe that's why the price keep going up
full member
Activity: 479
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December 11, 2017, 10:01:07 AM
#1
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.
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