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Topic: Why BTC value is growing day by day ? - page 8. (Read 3643 times)

full member
Activity: 616
Merit: 105
December 04, 2017, 01:42:37 PM
I think it's possible there are some or among those who did not believe in bitcoin ,but when the price goes up they just believe it, and buy it so every new person must buy it whatever he wants and sell it again, and always spin maybe that's the factor that can make bitcoin always evolve every
member
Activity: 84
Merit: 10
December 04, 2017, 01:41:57 PM
Bitcoin has proved that it is incomprehensible power and it tries to gather many governments around the world and it will climb in any matter to throw it. This coin is really a magical something and I do not think anything like this might be a gimmick like when I first heard about it. With time, more and more people will understand the true feasibility of this amazing coin which will help to increase it a regular
member
Activity: 728
Merit: 11
December 04, 2017, 01:38:32 PM
BTC value is growing day by day. This grow up is unstoppable. BTC value is growing day by day because its demand increasing day by day and production rate is lower than demand. Also so mamy people nowadays started believe on BTC.
member
Activity: 196
Merit: 10
December 04, 2017, 01:28:40 PM
Btc value is growing according to the customer demand, it is pumping day by day according the customer demand.
sr. member
Activity: 1071
Merit: 253
December 04, 2017, 12:50:37 PM
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.
After all these forks bitcoin is still going up.
nobody expected it to rise to this $10,000 level this year.
so your guess didn't work. there's no coming down for bitcoin.
bitcoin is now one of the fast growing currency in market and some countries make bitcoin legal in their countries bitcoin as also playing a very big role in economy of many countries and it reduce unemployment also so bitcoin is now very useful for a very one that’s why bitcoin price is going high day by day and there is no doubt that end of this year bitcoin price will go more high and next year bitcoin will be on the top of all currencies.
member
Activity: 70
Merit: 10
December 04, 2017, 03:12:10 AM
The value of the bitcoin is growing day by day because 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.
sr. member
Activity: 602
Merit: 258
December 03, 2017, 02:08:49 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.
full member
Activity: 630
Merit: 100
December 02, 2017, 10:36:18 PM
Bitcoin demand and market value is increasing day by day and people is taking  more interest in bitcoin and holding for long. Bitcoin price is surprising to every body in the world and people are thinking that it will not come back and Price of bitcoin will out of reach for buying. Now bitcoin will grow with more speed and it may touch to $40000 in 2018.
newbie
Activity: 37
Merit: 0
December 02, 2017, 06:52:27 PM
More and more people to participate in Bitcoin, The main reason is price interested in Bitcoin because Bitcoin price increase makes many people invest in Bitcoin. So it should be priced as it is now
sr. member
Activity: 328
Merit: 250
December 02, 2017, 06:40:26 PM
Now bitcoin price increase day by day. many new investor coming and invest in bitcoin due to new more people involving with it buying the bitcoin and holding it for there future which case the demand is increasing.

You are right bitcoin price increasing because the number of investor increases and that’s why support to the bitcoin becoming stronger. When the price of bitcoin has got a little change and increases people all over the world attracted towards bitcoin and after that the price of bitcoin reaches to $10,000 this is the reason bitcoin price increases day by day.
member
Activity: 378
Merit: 13
December 02, 2017, 06:39:44 PM
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 ?       


i think the coin have been hold (scars) so the demand rate is now higher causing BTC to grow each and everyday though sometimes it surprises me but i guest that is the reason why is booming.
hero member
Activity: 2940
Merit: 613
Winding down.
December 02, 2017, 06:32:17 PM
More people are hearing about bitcoin and the financial press is reporting on it. Both of these increase demand for bitcoin.

Simply because more people are investing on bitcoin and the more people invest in it, the demand for bitcoin will also increase. If the demand increases, it affects the price of bitcoin positively. Lately, bitcoin price climbs up again and we are all happy about it especially those who have been saving, the price gets higher then there will be more profit for us.
Right.I agree.If people will keep on holding their bitcoins without selling it,then bitcoin price remains high.Another factor also is that there are also new members of bitcoin community who will try to invest in bitcoin or maybe buy bitcoins even in its high price,still bitcoin will stay in its peak.
sr. member
Activity: 490
Merit: 262
privacy preserving smart contracts and beyond
December 02, 2017, 06:22:12 PM
More people are hearing about bitcoin and the financial press is reporting on it. Both of these increase demand for bitcoin.

Simply because more people are investing on bitcoin and the more people invest in it, the demand for bitcoin will also increase. If the demand increases, it affects the price of bitcoin positively. Lately, bitcoin price climbs up again and we are all happy about it especially those who have been saving, the price gets higher then there will be more profit for us.
full member
Activity: 316
Merit: 100
December 02, 2017, 05:49:50 PM
Many factors why it can happen, first because the supply is getting less, both everyone wants to get it, the three bitcoin security system is very strong.
newbie
Activity: 462
Merit: 0
December 02, 2017, 05:25:49 PM
I think, bitcoin get new investors daily.bitcoin got more investors in few month. bitcoin supply is limited.hen bitcoin price day by day increasing.
member
Activity: 291
Merit: 12
December 02, 2017, 05:20:26 PM
The number of those who want bitcoin to trade it or just keep it on a daily basis. Demand grows, and those who sell now are fewer. And the price increases ... who knows how much ?!
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
December 02, 2017, 04:57:55 PM
Demand and supply here is your answer and we have just started. There is just a few million wallets and addresses so far. Just a beginning of a journey.
full member
Activity: 434
Merit: 104
December 02, 2017, 04:46:39 PM
To make it simple bitcoin is popular, demand and supply are increasing then many people want to get benefit on bitcoin so expect the number of investors and traders everyday will increase as a result bitcoin value will increase also.   
full member
Activity: 728
Merit: 101
December 02, 2017, 03:45:20 PM
Because more and more bitcoin enthusiasts, and a little supply makes people really want bitcoin.
hero member
Activity: 756
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
December 02, 2017, 03:34:40 PM
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 ?       

There is a whole bunch of reasons why the price of Bitcoin is getting larger. One of the reasons is that the more people are learning about it.
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