Topic: Why BTC price goes up dramatically? - page 2. (Read 1067 times)
If wee see the price of bitcoin it range 3100 to 3200 dollars. I think why bitcoini increasing because those people have doubt in their mind before august 1 they can buy more bitcoin or they bought bitcoin because august1 is done. I bought bitcoin in august2 because that date is very safe to invest and I think it will increase more in this week and possible to reach 3500 dollars so invest now.
Before entrance aug we can see in this forum there are many threads discuss about bitcoin price after 1 aug and all goes as expected even exceeds what i imagine before. I'm sure bitcoin price increase is because big investors are investing in bitcoins very well, but I'm also not sure exactly what causes bitcoin prices increasing very well. I'm not so surprised by this increase, because I've been very convinced before.
Hi guys, I am curious why BTC price goes up dramatically after what happenned last August 1.
There is a relatively high chance that the reason why there was such a substantial rise in the value of Bitcoin is because of the fork finally going through, and the full potential of bitcoin being allowed to shine within the network; since we now have lower fees and smaller queues for transactions, at least according to my knowledge since there are only now 3k-4k unconfirmed transactions compared to the tens of thousands of unconfirmed transactions we had going for a decent amount of time not that long ago. Likely a lot of investors saw it as a great time to get involved (as there would be suspected increased demand) and that resulted in the price going up quite rapidly. None of this was really unexpected.
Well i guess that everything is setteling down. Now that 1st of August has passed and new protocols has been implemented, with no problem so far people has started investing in bitcoin again. I guess we have to get use to thing like this, at least for short time. Price will go even more up.
In my opinion Bitcoin Cash just selling now and mostly all buying immediately BTC 
And not only BTC but altcoins also!
And not only BTC but altcoins also!
Most likely there were lots of potential investors around the world who were woried about August 1st, BIP 148, Bitcoin Cash, BTC-e, Poloniex, Alphabay... the list goes on. I think since most of this stuff is now resolved, people are more willing to invest hence why the price is skyrocketing right now. It is the only explanation.
Otherwise, it is possible some big billionaire whale decided to invest a fortune into Bitcoin in which case it could easily affect the global market. Considering the market cap is still only ~50,000,000,000 - a single multi-billionaire can influence the price by 2-3% easily.
Otherwise, it is possible some big billionaire whale decided to invest a fortune into Bitcoin in which case it could easily affect the global market. Considering the market cap is still only ~50,000,000,000 - a single multi-billionaire can influence the price by 2-3% easily.
Hi guys, I am curious why BTC price goes up dramatically after what happenned last August 1.
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