Why is bitcoin price so high? - page 11.

rodel caling

full member

Activity: 952

Merit: 104

Quote from: richfund_Pe on December 08, 2017, 10:06:29 AM

Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

i don't know what i say my feeling today for bitcoin the price increase is unbelievable, i'm because of high value increase but i'm scary what is the result of this continue increasing of bitcoin sooner if have correction. but i'm not panicking i'm just curious.

Kprawn

legendary

Activity: 1904

Merit: 1073

As real as it can get. Wink

.... Bitcoin has been the best performing currency/commodity for two years in a row.. and the big

boys has only now recognised it. We are seeing institutional capital coming to Bitcoin in the form of Bitcoin futures and this

has lead to massive investments and interest in the technology. Wink

Sowik

sr. member

Activity: 532

Merit: 327

Is new investors the only reason why BTC is on a bull run? Like... huge bull run. Or is it connected to some new fork once again?

mobnepal

legendary

Activity: 1218

Merit: 1006

Quote from: richfund_Pe on December 08, 2017, 10:06:29 AM

Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

Gains looks real and current surge is fueled by high expectation so a huge correction is around the corner but hard to predict the exact peak point. Price is pumping like never before with over 15x increase in just matter of 10 months.

Bitcoin is real, current price is real, surge is real but question like will this price be stable can't be answered right now. Wink

Olalomi

member

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Merit: 12

The sudden rise in the price of bitcoin is due to the fact that major investors pump in funds and invariably pushed up the price.

lamjed

member

Activity: 104

Merit: 18

People in general and investor precisely are buying a lot quantities of bitcoin wich makes the price very high.. wr can confirm that bitcoin become very popular.

Zubayer

member

Activity: 181

Merit: 10

Working as a Web Developer and Cyber specialist.

Bitcoin is the best crypto currency in the world and so people buy bitcoin and after some days they sell it. Nowadays people know that bitcoin price always increasing and someone hold and someone sell their bitcoin. Bitcoin has that power to make her own strong. Bitcoin is always better crypto and then bitcoin price going high.

Dudeperfect

hero member

Activity: 1190

Merit: 534

It is an open secret that the price is a result of the investment from the institutional investors and it is still unclear that why big whales are pushing the price and pouring the capital day by day. I do see a correction soon and it will be a good incident considering the long-term growth of Bitcoin. This is not a bubble but yes, institutional investors can manipulate the price at this level and short-term growth depends on their moves.

Kambal2000

sr. member

Activity: 686

Merit: 257

Quote from: btcjocan on December 08, 2017, 10:43:55 AM

Quote from: richfund_Pe on December 08, 2017, 10:06:29 AM

Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

The bitcoin price is so high because the number of investors multiplied and the higher the demand, the higher the price. Investors are attracted to the number cryptocurrency which is bitcoin because the bitcoin users are also increasing especially when bitcoin was featured through the first bitcoin billionaires which is the Russian twins.

Bitcoin is also the number one cryptocurrency because of its ability and potential to change the life of many individuals, as we can see we have a strong foundation and blockchain for this, as well as a lot of popular businessman has devoted their time and money here, it means that they trust bitcoin a lot so why not do the same.

Kiki Rusma

jr. member

Activity: 40

Merit: 11

if we invest a small amount of our money, of course, will earn a little profit, the investors who many money will invest a lot to get a big profit, given the price of always rising bitcoin uncontrolled.

btcjocan

sr. member

Activity: 658

Merit: 250

Quote from: richfund_Pe on December 08, 2017, 10:06:29 AM

Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

The bitcoin price is so high because the number of investors multiplied and the higher the demand, the higher the price. Investors are attracted to the number cryptocurrency which is bitcoin because the bitcoin users are also increasing especially when bitcoin was featured through the first bitcoin billionaires which is the Russian twins.

Epimetheus

legendary

Activity: 1120

Merit: 1000

The price of bitcoin is so high because the bitcoin become the number one cryptocurrency in all over the country and people know about bitcoin in all over the world and more people attracted towards the bitcoin in daily life because by seeing the price of bitcoin very high rate and it countinously increasing rapidly . So people attract towards the bitcoin is more to earn the more money in less time which help them to become rich .

richfund_Pe

newbie

Activity: 32

Merit: 0

Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

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