Topic: Why has the Bitcoin cost risen so quick over the most recent 3 weeks? (Read 479 times)
August 25, 2018, 05:58:07 PM
That's true , Bitcoin prices keep fluctuating every now and then and the reasons are also quite uncertain and unpredictable. However, I think it must have been the market manipulation to start, and the SEC decision to continue the hype, and also since a lot of people are interested in investing on Bitcoin, the prices doesn't seem to go lower in any time soon.
August 26, 2018, 01:41:00 PM
It must be the overhyped ETF that the crypto community was talking about, a lot of people are jumping the hype fomo of the ETF without knowing the bitcoin ETF first, they are just saying if that approves the price will rocket then the rejection of the request comes then the delay for the SEC decision, present price speaks for that occurrences, it suddenly declines after the rejection back to 6k.
August 26, 2018, 09:31:44 AM
Why has the bitcoin cost risen so quick over the most recent three weeks? It's difficult to state without a doubt since bitcoin is so unpredictable. According to you, what is the main reason for the sudden rise in the Bitcoin price?
There was a huge expectation by the crypto community about the ETF approval or rejection. People have been waiting for months now for another rise in the price, it has been 8 months since we got into this bear run and we are still considerably away from the ATH for not just bitcoin but for all the crypto out there, people are waiting for something to change that.ETF has been that thing where people believe if ETF got accepted than the huge big bull run of crypto will come back and fix all of this bear run and make a profit finally after months of well basically nothing. Hence I think there was so much hype that it kinda indirectly effected bitcoin as well.
August 25, 2018, 09:45:53 PM
Whatever maybe the reason but now the prices were falling again to the stage where it was before three weeks,so which is just a temporary bump maybe mnipulated or just hyped because or ETF approval.Maybe the prices will still swings lot in the coming weeks since there are three ETF approval is still pending.
Now it is as stable as it was. Only thing is not high. However, it is sustainable and developed. The community has nothing to be afraid of. Invest in peace of mind. August 25, 2018, 06:10:01 PM
July 18th saw a plummeting rise for Bitcoin price as it had reached to $7k mark after 30 days. So, there was worldwide excitement, when it started soaring high to even touch the $8,000 mark on July 25th, which completely led to market optimism. After that, from the beginning of August, it again came down to touch the $6K mark, which created disappointment amongst the crypto folks.
In this time frame the bitcoin price raised due to SEC result of including ETF bitcoin and which resulted as postponed to time frame. So as market raised and it also plunged back to the old price and now back it is moving up and down due to same FUD of SEC result. Last year same fud created market crash of 20% and then it jumped back very high, hope that we can see same result this year also. So September market price is very crucial to judge this year ending price fate.
August 21, 2018, 04:49:36 AM
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July 18th saw a plummeting rise for Bitcoin price as it had reached to $7k mark after 30 days. So, there was worldwide excitement, when it started soaring high to even touch the $8,000 mark on July 25th, which completely led to market optimism. After that, from the beginning of August, it again came down to touch the $6K mark, which created disappointment amongst the crypto folks.
2018 is going to experience bumpy rides as this is the year of price fluctuations. The last quarter of this year will experience an incredible exponential rise around $10,000 to $15,000. Bitcoin price prediction suggests that the Bitcoin price is forecasted to stand at $ 50044.6 in the year 2023.
2018 is going to experience bumpy rides as this is the year of price fluctuations. The last quarter of this year will experience an incredible exponential rise around $10,000 to $15,000. Bitcoin price prediction suggests that the Bitcoin price is forecasted to stand at $ 50044.6 in the year 2023.
Check out the Bitcoin price prediction for the next 5 years- https://coinswitch.co/news/bitcoin-price-prediction-2018-btc-price-may-touch-15611-usd-in-2018
August 06, 2018, 08:48:46 AM
Whatever maybe the reason but now the prices were falling again to the stage where it was before three weeks,so which is just a temporary bump maybe mnipulated or just hyped because or ETF approval.Maybe the prices will still swings lot in the coming weeks since there are three ETF approval is still pending.
August 06, 2018, 07:49:11 AM
bitcoin is now a great investment option. Every bitcoin production need electricity and more computation power. Due to it’s high demand and low supply leads it to price hike. 
Yes that can be a reason and I think that with the increasing population of bitcoin users, the demand of bitcoin will increase because of the limited supply and therefore the price of bitcoin will also continue to increase and will hopefully become skyrocket in next few years. Well looking in the long run, that's likely what will happen. Though i think there's still a lot of things that can happen between now and then. People's speculation bases on what's currently happening affects the movement of btc. Like for the etf hearing this aug 10th. We may see another trend change here depending on whether that is approved or declined.
August 06, 2018, 03:14:15 AM
bitcoin is now a great investment option. Every bitcoin production need electricity and more computation power. Due to it’s high demand and low supply leads it to price hike.
Yes that can be a reason and I think that with the increasing population of bitcoin users, the demand of bitcoin will increase because of the limited supply and therefore the price of bitcoin will also continue to increase and will hopefully become skyrocket in next few years. August 06, 2018, 01:47:13 AM
the main news today is the approval of the ETF, and the closer the landmark event, the more it is discussed
August 04, 2018, 03:26:30 PM
First of all, Bitcoin is highly volatile asset which is why it's price fluctuates like this. However, the recent news of SEC delaying ETF's hearings has played a great role in the latest rise in Bitcoin price so fast. Positive news like these always affects the price of a coin in market. Which is good for every crypto enthusiast.
August 04, 2018, 02:50:30 PM
According to me, the news regarding SEC's decision on ETF has played a big role in increasing the demand for BTC. There are still more hearings lined up in the future which might cause another pump in price. If ETF gets approved anyhow Bitcoin's price might skyrocket again like last time.
August 03, 2018, 10:49:11 AM
Prices have fallen so much that the market has rebounded so much that they have risen so much in a few weeks, but the chances of more in the short term are slim.
August 03, 2018, 06:06:31 AM
Why has the bitcoin cost risen so quick over the most recent three weeks? It's difficult to state without a doubt since bitcoin is so unpredictable. According to you, what is the main reason for the sudden rise in the Bitcoin price?
It rises so quickly over the recent 3 weeks, it also goes down in 1 day. Bitcoin is something that is insanely volatile and you will never know when it will go up or down because there are people who do sudden moves and sudden buys or sells that will affect the market and in the end the result will be people seeing those moves as market movement and react accordingly and in the end you just get a huge sudden movement just because someone sold some coins.It has chain reaction effect just like when you drop a water droplet into an ocean it creates a wave of ... well small waves, when someone does something others react to it and it gets a lot bigger like snowball going down.
August 02, 2018, 04:41:48 PM
bitcoin is now a great investment option. Every bitcoin production need electricity and more computation power. Due to it’s high demand and low supply leads it to price hike.
August 02, 2018, 04:34:08 PM
I think BTC is limited around ± 21 million coins. There are so much population get into btc’s space,so higher the price goes. Investment into btc companies is around one billion in last few years .
August 02, 2018, 04:32:35 PM
One of the factor for its increasing cost is supply and demand factor. Supply is limited against huge number of population. Beside that it can’t controlled by the country , bank or company.
August 02, 2018, 04:25:24 PM
it’s a little bit hard to say since it’s unpredictable but there are some factores behind it’s boom. its demand is increasing day by day and becoming the currency of next generation. Thats why its cost risen so quick.
its demand is increasing day by day and becoming the currency of next generation. Thats why its cost risen so quick. August 02, 2018, 04:15:54 PM
My opinion is, 
there are few causes behind it like, limited supply, non reversible and secure, large and growing number of companies take btc in exchange of products and so on. 
there are few causes behind it like, limited supply, non reversible and secure, large and growing number of companies take btc in exchange of products and so on. August 02, 2018, 01:15:44 PM
The crypto world is totally unpredictable. As whales are more active so the bitcoin price has increased. Another factor that helped to bring in more investors in crypto is the amount of attention gathered from media.
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.
July 30, 2018, 03:57:46 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.
July 30, 2018, 03:50:20 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.
July 30, 2018, 03:44:25 PM
there may be whales that buy bitcoin very much, or many people who buy bitcoin for positive news. there are predictors of bitcoin prices reaching 42,000 US Dollars surely many people are affected to buy bitcoin with. the news.
July 30, 2018, 05:53:57 AM
The primary reason for bitcoin price changes is always the demand and supply. But you know for me whatever the reasons behind the quick increase in bitcoin price i was so happy because there is really a bright future in bitcoin and through this rise we can earn more profit.
I don't care much either about how it rose but that i can have a stronger bitcoin and make some profits whenever i decide to sell. I am a long term investor and so i don't look out for interim increases which may just be a mere mirage and dissipates into thin air after a few days.
July 30, 2018, 05:33:39 AM
The primary reason for bitcoin price changes is always the demand and supply. But you know for me whatever the reasons behind the quick increase in bitcoin price i was so happy because there is really a bright future in bitcoin and through this rise we can earn more profit.
July 30, 2018, 05:31:54 AM
This is a good news to everyone who are doing their best just to ensure that Bitcoin would really last and have its successful blast. This is due to lot of investors invested and appreciate the business. It will be a new challenge to all of us becausd this will charge as a new beginning for us. This is really business in where lot of people must invest.
July 30, 2018, 05:28:13 AM
Why has the bitcoin cost risen so quick over the most recent three weeks? It's difficult to state without a doubt since bitcoin is so unpredictable. According to you, what is the main reason for the sudden rise in the Bitcoin price?
In my opinion, this may be due to the expectations of the SEC decision and the launch of bitcoin funds.
With a positive decision, the price will soar, because the demand for Bitcoin will be increased by investing in hundreds of billions of dollars.
July 30, 2018, 05:18:14 AM
Bitcoin's recent charge increase has led to a large number of investors who have not yet mastered the way Bitcoin operates. And that's fine with most of the users here just to make a profit. However, more and more merchants are feeling depressed by the continuing boom in transaction fees on the Bitcoin network, even for small value deals.
July 30, 2018, 05:12:44 AM
Bitcoin pricing is very much unpredictable as the market shows but the positive news on it always make ways for its valuation to increase and in the last few days, predictions by many blockchain ideologists has made the market respond in a healthy way. The governments all around the world are slowly accepting cryptocurrencies and the underlaid blockchains which shows a clear future of the coin to the world.
July 30, 2018, 04:43:00 AM
Why has the bitcoin cost risen so quick over the most recent three weeks? It's difficult to state without a doubt since bitcoin is so unpredictable. According to you, what is the main reason for the sudden rise in the Bitcoin price?
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