Topic: Why BTC is having a high price? - page 17. (Read 1492 times)
I am not really particular on the reason why bitcoin is having a high price. But the reason why bitcoin price goes down and that is the effect of the demands of the bitcoin supply.
It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?
We all know that the value of bitcoin are volatile and that have a great potential, the performance of bitcoin last year was great it's rapidly rising and reached the $20,000. The main reason is the supply and demand.
Prises have rise because of the multiple speculation going on over bitcoins. Also it is the first and foremost cryptocurrency to be ever launched. And since in recent times, many new cryptocurrencies have been launched which brough allot of speculation for bitcoins as to what will happen with bitcoins and where will it go and many other speculative predictions. This brings about more buz in the market and ends up increase in pricing.
I see bitcoin is very likely to profit a lot, no wonder for now many bitcoin fans around the world, the number of people to buy bitcoin many opportunities also has a very high value, not until then there is also good news when now potentially will be the development of bitcoin in the future front, it strengthens the bitcoin to dominate all the coins.
Bitcoin is now high price and also growing so high as well. It is the most uses and now very popular virtual coin. People like to invest more popular coin and so bitcoin price is so high. And main think is limited coin.
if you read a book about economic you will understand how
bitcoin is like a product but the supply is not many, and the demand of the product is suprisingly high, so it can be maximize the price because many people want to use it
bitcoin is like a product but the supply is not many, and the demand of the product is suprisingly high, so it can be maximize the price because many people want to use it
Bitcoin and all crypto have high price because that whales over pumped to in speculation intrestings to get so much profit to there pockets , that is simple , crypto do not need to cost so much thats why we have so big correction now !
It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?
The demand is become higher and higher and I was thinking that the market is just like before. From the very beginning of the year(last year) bitcoin is not yet exploding I remember that it is hard for bitcoin to reach $1000 and when we are in the midst we can see that bitcoin is slowly rising until it reach $19k in December. It's just only a matter of time, we need patience. 
The demand is very high and it is forces of demand and supply that determines the price. Many people has started to be aware of bitcoin and other crypto currencies since last year and many people see that bitcoin provide opportunities for one to make quick money through investment and since they buying the price keep increasing.
There are lots of factors that affect bitcoin price but basically it always follow of law of supply and demand if majority of the people hold the market place is starving and the results will make bitcoin price goes high and while the people dump and bitcoin flooding in the market place it causes the price go down.
Yes, demand plays a significant role in the price of bitcoin. But there are other factors affecting its rate, For example, the launch of futures for bitcoin.The prospect of such opportunities will give large investors to "warm up" the market and enrich when the bitcoin rate goes down.When making very large transactions bitcoin rate increases.
This is a certain question that talks about positive life status of bitcoin, on how bitcoin being valuable in terms of their price level. If we try to look back before, as what bitcoin started before on the line of business, the price of bitcoin is very cheap, that only few people interested to access. But when bitcoin price grows slowly, people also increased who accessed bitcoin, and the demand increased, and resulting into rapid increase of price, but the main reason why bitcoin price high, because as what the statistics survey of bitcoin enthusiasts that the remaining stocks of bitcoin in the market today are only 20% more or less. That's why price of bitcoin is so expensive. That those bitcoin stocks before are now owned and holds by capitalists or large investors.
It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?
because of fud so people sell their bitcoin and rich people buy a lot of bitcoins and theres a lot of goodnews so i think this 2018 it will rise more than 2017 because as you see every end of the year bitcoin increase a lot and it alwayss decrease after january so be prefare always to buy and sell it if you want or regret dont take the big risk sell it whne its needed. 
Hi,
Nobody knows exactly the reason behind it.
There are several explanatory factors: announcement from countries (either good or bad for bitcoin), company statements, period of the year...
It is hard to see the proportional weight of each of these factors.
What we know is that the environment is complex and trying to foresee the future is.. quite impossibe!
Nobody knows exactly the reason behind it.
There are several explanatory factors: announcement from countries (either good or bad for bitcoin), company statements, period of the year...
It is hard to see the proportional weight of each of these factors.
What we know is that the environment is complex and trying to foresee the future is.. quite impossibe!
About that., I just have thought that's because bitcoin increasingly in demand of many people, and all its advantages more visible among many people. And not only that, of course, many people who're just tried till feel more interested and finally feel comfortable with it. Well the point is that bitcoin develops well from time to time until its popularity is increasing among many people.
One thing we've learned is that it can be hard to predict bitcoin fees in advance, and there may be large swings, so having a solution like Lightning with very low fees on the network is key.Constant development supports high price. 
I think because the appearance of ICO coin so the demand is higher and its potential development make BTC have a high price
Exactly! ICO offers you a crazy ROI , makes people even a common people interested to give a shot and once they did it , they feel it's worthy investment. Well that's just one of many factors we might have seen during 2017 , it was great time , historical time for Bitcoin to move up 20x! We might wouldn't see it again , not now not soon.
I think that the price of Bitcoin is rising because of the speculators they have deliberately inflated Bitcoin prices. Then sold to profit, but with advanced technology and superiority, Bitcoin has not broken up but also grows more. That is why Bitcoin is so strong today. More and more people are coming to Bitcoin. So in the future Bitcoin prices continue to rise.
There can be a lot of theory
Because BTC is first
Mystery of Satoshi
Popularity
Etc...
Because BTC is first
Mystery of Satoshi
Popularity
Etc...
Yeah, so better to focus on your portfolio instead of thinking why bitcoin is still remain on top. We tackle this thing already and until now there's no specific answer for this. Bitcoin is a kind of technology that help us to do better and I believe it will continue to make more people rich. Hope the price of bitcoin can bounce this month and also all the altcoins.
The demand of BTC has increased in previous years that is why its value has seen a good spike. In last year december the crypto exchanges were having a long waiting list for KYC completion . Large number of people are interested in BTC .
Bitcoin is like a auction where in more buyers can influence the high increase of Bitcoin price like when someone bid for 500 then someone else will say 650 until it reach the high price as of today, since bitcoin amount is limited.
I think that a lot of factors pushed Bitcoin's price to where it is now. From whales pushing it up to the participation of huge financial institutions. Not to mention a lot of countries have open their own exchanges late of 2017 which caused a lot of new people interested in the cryptocurrency market. With all that being said the demand was spectacular last year as generally a lot of people participated in the market.
Yeah, absolutely factors having the price will up very fast because of public trust making the demand of bitcoin are definately increases promisingly and with that a lot of countries will support for the campaign making investors of bitcoin suddenly increasing due to the fact that it was good to invest of a million dollars that it gets.
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