Topic: Why has the Bitcoin cost risen so quick over the most recent 3 weeks? - page 2. (Read 479 times)
August 02, 2018, 08:15:55 AM
Bitcoin price is not like magic wherein magician just click their fingers and everything just go boooommm, the market also determine the amount of money and altcoin that are coming in and Goin out inside the system and it will calculate the next price.... Just imagine how does it work it almost 3 million people are using or making transaction in the market?
August 02, 2018, 06:41:52 AM
This crypto world is completely uncertain. Whales of this market are so active thus the price is increasing and also more investors are coming because bitcoin gathers the attention of public media.
August 02, 2018, 06:05:16 AM
The positive vibe among investors was sparked by the possibility that the SEC would finally approve a Bitcoin ETF. Some people figured that it was going to be the event that would trigger the next spike to a new all time high, like last year. Unfortunately the SEC denied the Winklevoss application for a second time, so that "trigger" is lost now.
You will see a small correction below $8000 now, as a result of that.
You will see a small correction below $8000 now, as a result of that.
Legalization of BTC is the reason of increase.
August 02, 2018, 06:04:12 AM
Bitcoin's price is always upwards. Bitcoin's high price trend continued for the past three weeks because Bitcoin is more familiar than ever before and its interest is high. Its price has increased to increase the demand of the people.
August 02, 2018, 06:02:33 AM
I think the end of the world cup in Russia. But that is the market we can not predict. It all depends on your luck.
August 02, 2018, 05:52:44 AM
Past 3 weeks bitcoin price is grow up. it is normal matter because Bitcoin are more reliable and demandable in crypto market. i think it will grow up rapidly.
August 02, 2018, 05:24:54 AM
that's true but the bitcoin price increase did not last long, now the bitcoin price goes back down to the $ 7600 price.
I think bitcoin prices are rising because there are investors who want to buy lots of bitcoins.
I think bitcoin prices are rising because there are investors who want to buy lots of bitcoins.
August 02, 2018, 05:05:02 AM
I am agree with your one sentence that bitcoin is unpredictable. And I hope bitcoin will increase more in the end of the year and it will almost 10k$ but not sure.
August 01, 2018, 09:36:00 PM
The ETF news has stimulated the growth of BTC!
If approved by Bitcoin ETF, it will first lower the threshold of Bitcoin trading and bring a lot of money to the Bitcoin trading market!
Whether the bitcoin ETF can pass the decision on August 10 will determine the direction of the entire market!
If approved by Bitcoin ETF, it will first lower the threshold of Bitcoin trading and bring a lot of money to the Bitcoin trading market!
Whether the bitcoin ETF can pass the decision on August 10 will determine the direction of the entire market!
August 01, 2018, 06:26:12 PM
I would give all the credit to recent news of SEC's decision regarding Bitcoin ETF which has definitely caused Bitcoin's price to rise beyond our expectations. The good news is, there are upcoming hearings for the ETF which has been delayed by SEC after massive public demand. It may cause the price to rise more.
August 01, 2018, 04:28:08 PM
Everyone is now buying bitcoins in front of big news that crypto-currency enthusiasts are waiting for. As demand grows, so does price.
August 01, 2018, 03:49:09 PM
The rise of the price of bitcoin is as a result of so many factors which are in most cases due to it high demands which is what most time determine the price of bitcoin, and the other factors is the level of good news in circulation in favour of bitcoin and with this too factors there both have the capacity to change it price at any moment.
August 01, 2018, 03:40:10 PM
The SEC could be the reason behind it. Also, we are seeing that a lot of countries are accepting this coin, and that could lead to an increase in demand which will lead to an increase in price. But whatever the reason is, it is a good thing.
August 01, 2018, 03:46:49 PM
The SEC could be the reason behind it. Also, we are seeing that a lot of countries are accepting this coin, and that could lead to an increase in demand which will lead to an increase in price. But whatever the reason is, it is a good thing.
Market is Volatile, anything can happen at any given time, price value on the market can goes up and goes down dependent on the Volume of investment by the investors in the market, Bitcoin remain number one on the market, with good fundamentals, stable market structures, and with high level of confidence by the investors in the market, this indicates that Bitcoin is the most stable coin among all the ALT coin in the market.
July 31, 2018, 12:38:28 PM
Unlike traditional financial institutions, which charge different rates for each transaction, Bitcoin fees are completely independent of the amount of money you are sending. As a result, the $ 5 shipment fee for Bitcoin may be the equivalent of $ 5,000. Fees are usually not in USD, nor in BTC. Instead, it is determined based on the amount of satoshi per data byte, or sat / b.
July 31, 2018, 07:13:44 AM
Bitcoin is considered as the No.1 currency and its price depends on the people who want to pay for it. It seems that an enormous amount of people are using this cryptocurrency due to which the Bitcoin cost have been raised. Also, the main reason why bitcoin is rising is for its extremely secure network. Live Bitcoin prediction will help you make informed decisions as far as your investment is concerned.
July 31, 2018, 04:54:08 AM
The positive vibe among investors was sparked by the possibility that the SEC would finally approve a Bitcoin ETF. Some people figured that it was going to be the event that would trigger the next spike to a new all time high, like last year. Unfortunately the SEC denied the Winklevoss application for a second time, so that "trigger" is lost now.
You will see a small correction below $8000 now, as a result of that.
You will see a small correction below $8000 now, as a result of that.
July 31, 2018, 04:45:37 AM
We can't know for sure. Maybe because of the positive expectations of the ETF discusisons? And made some investors jump in bitcoin. And i think it really is not important. The thing is the price went up and that's good and let's pray for the price to continue going up.
July 30, 2018, 04:53:29 PM
I think the volatility and bitcoin volume also affect bitcoin prices. costs become like volatility that unpredictable.
the lightning network feature is more popular as a solution to solve this problem.
the lightning network feature is more popular as a solution to solve this problem.
July 30, 2018, 04:21:44 PM
There's been a lot more institutional investment in Bitcoin in the last month or two, along with more acceptance of cryptocurrency in general.
Yes, these movements have happened which may have contributed as well as large sum investments from whales as well as China's consideration on legalization of bitcoin. Plus more attention from the media which brought in new investors into the cryptocurrency game.
Well the media attention has been around since last November but I agree that it has caused new investors to join in. The whales are also definitely more active which shows promise in the Bitcoin technology.
Jump to: