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Topic: Why BTC value is growing day by day ? - page 6. (Read 3643 times)

full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
December 14, 2017, 03:50:39 AM
I guess it is practically because of the increase of demand of the people. I think the more a thing is in demand by the people the more expensive it gets. Not to mention the fact that it's competition which are the other cryptocurrencies are not doing well when it comes to increase of their respective value.
hero member
Activity: 812
Merit: 500
December 14, 2017, 03:39:54 AM
As you can see, I'm learning ABC in crypto currencies and studying this for last 3 – 4 months, even after reading all these web pages, forums etc, still I’m having one basic question needed to clear out. I would really thankful if someone can help me with this.

We all know, BTC is making a huge growth for past few years and as a result, people start to invest / trade in BTC. With my little knowledge I assume that no one is going to use BTC / couple of Sathoshi to purchase things as they are really good to keep (HODL) as the value is going high and high. But if you think of any of fiat currency, the value of money is depending on the use of it. For example, if everybody is keeping their money (fiat) in their pocket without spending, the market will not have enough money for trading and value of the currency will not goes up. Why the same principle not applicable for BTC ?

I’ve seen lot of answers like, market will not have morethan 21M BTC and that amount will be saturated by 2140, hence there will not be any inflation etc. But what I do not understand is, if a currency is not using (in trading purpose – you buy something with that money), what is the logic behind the reason of value of the money goes up ?       

Maybe it is because Bitcoin's market demand is also growing day by day. Bitcoin's market value is just dependent and is proportional with the demand from the market such that as its demand increases same thing happens on its market price. So the reason behind the continuous increase on its price in the market is its growing community that produces high market demand.
Yeah, more people want Bitcoin then before.
Plus, there is a lot more people trying to manipulate the price of Bitcoin now while making money by it.
full member
Activity: 294
Merit: 100
December 14, 2017, 03:37:45 AM
As you can see, I'm learning ABC in crypto currencies and studying this for last 3 – 4 months, even after reading all these web pages, forums etc, still I’m having one basic question needed to clear out. I would really thankful if someone can help me with this.

We all know, BTC is making a huge growth for past few years and as a result, people start to invest / trade in BTC. With my little knowledge I assume that no one is going to use BTC / couple of Sathoshi to purchase things as they are really good to keep (HODL) as the value is going high and high. But if you think of any of fiat currency, the value of money is depending on the use of it. For example, if everybody is keeping their money (fiat) in their pocket without spending, the market will not have enough money for trading and value of the currency will not goes up. Why the same principle not applicable for BTC ?

I’ve seen lot of answers like, market will not have morethan 21M BTC and that amount will be saturated by 2140, hence there will not be any inflation etc. But what I do not understand is, if a currency is not using (in trading purpose – you buy something with that money), what is the logic behind the reason of value of the money goes up ?       

Maybe it is because Bitcoin's market demand is also growing day by day. Bitcoin's market value is just dependent and is proportional with the demand from the market such that as its demand increases same thing happens on its market price. So the reason behind the continuous increase on its price in the market is its growing community that produces high market demand.
sr. member
Activity: 532
Merit: 250
December 14, 2017, 03:34:31 AM
It is pumping nowadays, I do not believe that this last movement after the fork can be sustainable, at the end this must be realise at some level. Waiting for the new comers.
As of now the price of bitcoin is keep on pumping and I think it will continue in the end of this year. Furthermore, I think the high demand on market is the main reason why value of bitcoin is keep on growing. I hope the price of bitcoin will continue on pumping because it may lead to a high income.
member
Activity: 252
Merit: 10
December 14, 2017, 03:31:32 AM
Everything coming so fast with bitcoin. I think we should start to worry about it.. Everyday when i wake up i directly open my cell phone and open my BTC wallet. I have fear that one day my wallet will not open again.. Is there anyone afraids like me?
sr. member
Activity: 854
Merit: 251
★777Coin.com★ Fun BTC Casino!
December 14, 2017, 03:30:58 AM
Because day by day there are more investors that are investing in bitcoin and it is the reason why the price keeps on getting higher and higher,
The demand for bitcoin is becoming higher as the day past by.
hero member
Activity: 854
Merit: 500
December 14, 2017, 03:29:23 AM
As you can see, I'm learning ABC in crypto currencies and studying this for last 3 – 4 months, even after reading all these web pages, forums etc, still I’m having one basic question needed to clear out. I would really thankful if someone can help me with this.

We all know, BTC is making a huge growth for past few years and as a result, people start to invest / trade in BTC. With my little knowledge I assume that no one is going to use BTC / couple of Sathoshi to purchase things as they are really good to keep (HODL) as the value is going high and high. But if you think of any of fiat currency, the value of money is depending on the use of it. For example, if everybody is keeping their money (fiat) in their pocket without spending, the market will not have enough money for trading and value of the currency will not goes up. Why the same principle not applicable for BTC ?

I’ve seen lot of answers like, market will not have morethan 21M BTC and that amount will be saturated by 2140, hence there will not be any inflation etc. But what I do not understand is, if a currency is not using (in trading purpose – you buy something with that money), what is the logic behind the reason of value of the money goes up ?       


FOr me i think that the bitcoin and cryptocurrency are growing everyday because a lot has been speeding up its influence and popularity. THIs is also something that is attributed with the market and how crypotucurrency is being heralded as a money of the future
jr. member
Activity: 57
Merit: 10
December 14, 2017, 03:27:57 AM
Is Ethereum going to grow as big as Bitcoin by 2022? Huh

look at the circulating supply of ETH and BTC, nearly 6x.
If ETH catches BTC its volume should be nearly 6x higher than BTC.
It can happen IF ethereum is highly scalable with low txn fees,but there could be another new tech that will surpass the ETH and BTC.

Stay addicted to crypto and DYOR,You will find the next bitcoin or ETH, if theses assets fails in future.
Anything can happen.
There are lots of platforms coming out,One of those can be the 1 or a future project will win.
jr. member
Activity: 57
Merit: 10
December 14, 2017, 03:21:47 AM
Because new investors find this crypto world is good for massive returns,
This is getting popular day by day and goin parabolic. USDT minting drives the value unrealistically, because when tether is printed it flows in to BTC and ETH.

This is a real dilemma.

for more info you can search twitter --> bitfinexd
member
Activity: 434
Merit: 10
December 14, 2017, 03:13:37 AM
For me in simple thought, is that many people are starting to adopt btc. So if many users means the higher demand and the supply would be low causing it to increase its value. Another factor that has helped push Bitcoin prices higher is the community’s decision to implement Segregated Witness (SegWit), an upgrade that increased transaction capacity, said analysts. SegWit has made it so Bitcoin’s blocks can hold more transactions by reducing their size.
full member
Activity: 269
Merit: 101
December 14, 2017, 02:46:19 AM
Bitcoin value has been growing exponentially over the past few years.
BTC gives you benefits over other currency and transactions, as its a cryptocurrency your identity is kept anonymous, there are no extra transactions charges as it is decentralised. Due to media and other things many people are buying bitcoins so its value keeps on rising
sr. member
Activity: 602
Merit: 258
December 13, 2017, 01:44:39 PM
In my own deep understanding the reason behind why is that the value of bitcoin continuously increases is that the company and management of bitcoin performs a excellent performance in the public market.
Wherein they provide a great quality service to their investor which helps them to increase the demand that will reason to rise the value of bitcoin in the market.
full member
Activity: 434
Merit: 100
December 12, 2017, 01:48:16 PM
I think the reason behind why is that the value of bitcoin continuously increases is that the company and management of bitcoin performs a excellent performance in the public market.
Wherein they provide a great quality service to their investor which helps them to increase the demand that will reason to rise the value of bitcoin in the market.
member
Activity: 196
Merit: 10
December 09, 2017, 04:52:39 AM
The excellent performance company and management of bitcoin is the reason why the BTC value in market continuously increases.
From this they receive a high demand from the public which is a big factor that can contribute to a positive outcome.
the value of the bitcoin is growing day by day becasue of its high value in the market, people take high interest in such a currency that give high benefit to them and bitcoin has the quality to make money for them. also it has a high rising rate in value which also attract the people towards it.
full member
Activity: 350
Merit: 100
December 08, 2017, 02:50:27 PM
I think one of the real motivation behind why bitcoin esteem is developing step by step is a result of it going standard. Additionally there are more financial specialists who have effectively acknowledged and seen the genuine estimation of bitcoin when the value hit $10k level. There are additionally positive news all finished web-based social networking which could extraordinarily influence the cost of bitcoin to climb and down in the following coming months.
full member
Activity: 546
Merit: 105
December 08, 2017, 01:51:04 PM
Too much hipa around bitcoin. Considering that this is the main crypto currency of all, then all the cash flow goes there. And while it is not known when it will stop - it's hard to say something specific.
member
Activity: 252
Merit: 10
December 08, 2017, 01:46:41 PM
A lot of people are interested in bitcoin. And the amount of bitcoin is not enough to supply the market. Capitalization of bitcoin is increasing.
newbie
Activity: 21
Merit: 0
December 08, 2017, 01:40:40 PM
At present bitcoin is the most profitable business than any other means. So, the growth of bitcoin is very high.
full member
Activity: 294
Merit: 105
December 08, 2017, 01:33:55 PM
In my opinion, bitcoin value is growing day by day because the demand for it is changing day by day also. In fact, bitcoin value is changing every minute; even it is unstable and hard to predict bitcoin’s amount is rapidly increasing because of the increasing community of bitcoin, everybody wants to invest, trade, mine, buy, and many things more just to gain bitcoin.
hero member
Activity: 1568
Merit: 502
December 08, 2017, 01:32:54 PM
Bitcoin is a digital virtual cryptocurrency which can be stored and transact electronically only. So according to this specifications of Bitcoins, Bitcoin is a just virtual digits/number as which transfer from one person to another in exchange of fiat currency.

Now since from 2009, when Bitcoin born many of user from all over world use bitcoins by investing own money and when they feel that Bitcoins price is beyond imagination they sold their Bitcoins, at some higher price. But later on when they see price is growing up quite high again they invest their fiat currency with higher volume. By this way bitcoins are just circulating within network under supervision of miner who authorize such transfers. So since from 2009 Bitcoin already faced few dumps, and still create own value within world. Now new users are supporting to maintain floor rate of Bitcoins which I don't think that will come down. Increasing graph and price clearly shows growth and future of Bitcoins.

Day by day more awareness about Bitcoins is spreading exponentially, which is impacting on price increase of Bitcoins.


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