Topic: Why is the price of bitcoin rising so high? (Read 3385 times)
As a relatively young digital currency, Bitcoin voluem is still very small when compared to other assets such as gold, let alone conventional currencies like the US Dollar. Well, because the volume of Bitcoin is not much and the circulation is not evenly distributed, the movement of Bitcoin is very sensitive to the actions of its holders. When a person buys or sells Bitcoin in large quantities, then the price can instantly move extreme. If in the future the volume of Bitcoin is increased and the distribution is evenly distributed, then the volatility will slack off by itself.
The price of bitcoin rising so high because, it is a lot of interest in it and more people are willing to make money easier. Also the price is connected with the trust of the users and now the users are increasing day by day. This is what happening with Bitcoin.
Bitcoin and alternate currencies' market value is defined by the demand of the people. Surely, bitcoin's market value has risen so high because it's already the mainstream and more and more people are investing on it already.
Apparently Bitcoin is an air bubble, and the whole log of its price is only artificial. Since people invest in Bitcoin, its popularity is growing and demand in the market is also increasing. Based on these indicators, the price can not stand still and therefore rises, too. 
Bitcoin and alternate currencies' market value is defined by the demand of the people. Surely, bitcoin's market value has risen so high because it's already the mainstream and more and more people are investing on it already.
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The price of bitcoin rising so high because, it is a lot of interest in it and more people are willing to make money easier. Also the price is connected with the trust of the users and now the users are increasing day by day. This is what happening with Bitcoin.
and maybe they don't want to be late to follow the other people to make money because they read on many news that bitcoin come to us and help us to make money. and the demand of people which buying bitcoin still high, it will attract the price rising so high and once the people need money, they will sell the bitcoin and makes the price is down and even it will down too far. but the price will increase again after the fallen and people still want to buy and sell to make more money.
The price of bitcoin rising so high because, it is a lot of interest in it and more people are willing to make money easier. Also the price is connected with the trust of the users and now the users are increasing day by day. This is what happening with Bitcoin.
That's simply because people are buying bitcoin today compared to the day when bitcoin was launched. It's the demand of the people that's making this bitcoin's price to rise and fall drastically.
The market demand of a commodity is the most important factor that decides the ultimate price of the commodity. It is a fact that people are taking more and more interest in bitcoin and complete crypto market with every passing minute. The internet and social media is now talking much about bitcoin and the digital currencies. People are realizing that these currencies are easy to use and earn for good life. Right - all this hype around cryptocurrencies and Bitcoin has created a great demand. People rushed to buy BTC, even overpaying for the coins. Now the demand is not as high as it was before.
That's simply because people are buying bitcoin today compared to the day when bitcoin was launched. It's the demand of the people that's making this bitcoin's price to rise and fall drastically.
The market demand of a commodity is the most important factor that decides the ultimate price of the commodity. It is a fact that people are taking more and more interest in bitcoin and complete crypto market with every passing minute. The internet and social media is now talking much about bitcoin and the digital currencies. People are realizing that these currencies are easy to use and earn for good life. That doesn't necessarily apply to bitcoin and crypto entirely though. Prices can be influenced not just by demand but by manipulation and speculation. Like right now. It's far from rising and most are simply staying on the sidelines waiting for whatever movement bitcoin will make. And the drop from 20k to less than 7k in a few months won't help in increasing the demand so its rise would likely be determined by whales before people jump in
That's simply because people are buying bitcoin today compared to the day when bitcoin was launched. It's the demand of the people that's making this bitcoin's price to rise and fall drastically.
The market demand of a commodity is the most important factor that decides the ultimate price of the commodity. It is a fact that people are taking more and more interest in bitcoin and complete crypto market with every passing minute. The internet and social media is now talking much about bitcoin and the digital currencies. People are realizing that these currencies are easy to use and earn for good life. 
Expert explains theories behind Bitcoin surge...
Bitcoin prices reaches reached £7,529.77 ($10,009) on the CEX trading platform earlier today, before slightly dipping in value.
Since the start of the year, the cryptocurrency has achieved the incredible feat of increasing more than 1,000 per cent in value.
But despite the incredible growth, economists are still apprehensive of the token’s inherent volatility and signs it could be a price bubble.
Just two weeks ago, bitcoin investors took a hit when the token’s prices plummeted over 20 per cent before bouncing back.
Bitcoin prices reaches reached £7,529.77 ($10,009) on the CEX trading platform earlier today, before slightly dipping in value.
Since the start of the year, the cryptocurrency has achieved the incredible feat of increasing more than 1,000 per cent in value.
But despite the incredible growth, economists are still apprehensive of the token’s inherent volatility and signs it could be a price bubble.
Just two weeks ago, bitcoin investors took a hit when the token’s prices plummeted over 20 per cent before bouncing back.
As for what has caused Bitcoin's sharp rally this year, analysts cited several key factors, including rising interest in cryptocurrencies. There is "no question" that these digital assets are experiencing growing interest, especially on the part of finance professionals and funds. More and more people are coming to recognize that this asset class is particularly attractive during times of political turmoil.
Another development that illustrates the enthusiasm that investors have for these digital assets is all the initial coin offerings (ICOs) that have been taking place. At the time of report, ICOs had raised six times as much money in 2017 as they did during all of 2016.
That's simply because people are buying bitcoin today compared to the day when bitcoin was launched. It's the demand of the people that's making this bitcoin's price to rise and fall drastically.
The price of Bitcoin is increasing incredibly because of the total demands for Bitcoin. The more people buy or use Bitcoin, the higher the price of it will become. Bitcoin is becoming more famous because of its price. As bitcoin becomes more popular, people's interest will increase and yet drive the price higher.
The cost of the bitcoin continues increasing in light-weight of varied variables that creates the price increments. One issue may be a direct results of the request of the bitcoin that continues increasing. we have a tendency to as an entire understand the law of interest that if the request builds, the price likewise increments. Another issue is there square measure several people utilizing the bitcoin or place resources into bitcoin which is another motivation behind why the price of the bitcoin continues increasing. presence of the bitcoin increment the bitcoin requests and moreover it advances the processed cash round the globe.
It is precisely because the increase is too fast, so there will be a rebound, plus some distrusting Bitcoin holders to sell, resulting in greater decline, these are normal, there is no need to panic, the presence of Bitcoin will have value This is the idea of those of us who have confidence in Bitcoin.
because of the lack of external regulation and control from big banks.
Looking at the world, Japan has unconditionally supported Bitcoin, the European Central Bank has stated that it will not monitor Bitcoin, the United States Freelander Bitcoin continues to prevail, and South Korea has included Bitcoin in commodities. Bitcoin has become ubiquitous and has become so popular. Where does the price not rise?
Because Bitcoin has a large demand, and Bitcoin's supply is fixed, the value of Bitcoin will continue to increase.
Bitcoin popularity demand growing awareness of the crypto market has all contributed to its unprecedented rise . The token is a store of value used to exchange for goods and services. Because of its continuously increases of demand in the world trade. Bitcoin is regulated nor is legal tender but it is popular and in high demand which drives prices.
because of the lack of external regulation and control from big banks.
depending on week to week bitcoin prices can go down drastically or go up, we must monitor to invest not to go bankrupt and must see the sales results sharply.
Bitcoin is the first crypt o currency invented by Satoshi Nakamoto in 2009.Its positive features are a decentralized one so no government controlling authority over it and the transaction between the buyer and the seller only. All such transactions are recorded in an electronic ledger with block chain technology.The business people all over the world are attracted to the bitcoin and they preferred to transact through bitcoin so that they will be saving the huge processing charges and time, By knowing the merits and de- merits of bitcoin more and more people are attracted to it and invest to bitcoin so its price is rising .due to the demand.
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