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Topic: Why is the price of bitcoin rising so high? - page 10. (Read 3398 times)

full member
Activity: 532
Merit: 101
December 11, 2017, 02:50:43 PM
The reason why Bitcoin is rising so high is simple because lots of investors are now investing in bitcoin the more investors invest on it the higher the value it will become. Bitcoins potential is getting stronger because of the support provided by the Investors who are willing to invest whatever the value of Bitcoin is.
I agree that bitcoin rising so high because there a lot of investors already invest in bitcoin, so this is the reason why bitcoin is still rising. The value was great and  most stronger currency as of now. The possibility bitcoin will continue to rise and there are more people convince to invest in bitcoin. And most of investors attract in bitcoin and it will indemand and it is already popular to all people. Its a good news to everyone, because bitcoin is become valuable and profitable.
full member
Activity: 336
Merit: 100
December 09, 2017, 01:09:49 PM
why is bitcoin price high? it's because bitcoin itself, not because of tsunami in japan, but because bitcoin does not want its investors losses and bitcoin also do not want its investors run. and also because of the american dollar price adjustment.
member
Activity: 280
Merit: 10
December 02, 2017, 01:17:42 AM
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.
member
Activity: 131
Merit: 12
I am a baby to cryptocurrency~
December 02, 2017, 01:09:56 AM
Did you noticed that the little rocket man is the missile few days ago? And the South Korea move their asset into the Bitcoin like crazy? And the future from CEX are ready to short it? That's is why it rising so high!
This is only my opinion. No more no less.  Roll Eyes
full member
Activity: 366
Merit: 100
December 02, 2017, 01:08:30 AM
Price of bitcoin is increasing with the growth happening in terms of user community leading for an increase in demand. Another thing is due to the speculative nature of bitcoin. Price rising high seems to be the true growth and the same is expected to make a big change in growth of the country's economy.
full member
Activity: 373
Merit: 100
December 02, 2017, 01:04:33 AM
The reason for the surge is not natural as we all know. The entry of institutional investors is breaking all the records and reaching new milestones day by day. However, it is still unclear that is there any other inflow of panic buyers in Bitcoin other than big whales or not. Bitcoin was anyway going to hit $10K with or without the support of institutional investors, this time these investors are pouring the capital.
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Yes, I agree. BItcoin price continue's Rising because no one control this. Bitcoin is rising by the help of many investors who are trying to break the overall record of this and through the help of other people too thats why it continues to rise that no one must control this. It rises because right now technology is too popular thats why it continue's to rise.
newbie
Activity: 36
Merit: 0
December 02, 2017, 12:57:17 AM
That will be because many people feel a request in bit coin. It's also affected by worldwide credit ease of course.
newbie
Activity: 3
Merit: 0
December 02, 2017, 12:55:29 AM
because it has high demand...years after more buyer will come to buy so bitcoin price will  keep on growing
sr. member
Activity: 476
Merit: 255
December 02, 2017, 12:21:50 AM
I think no technical analyze for this crazy moment, but it's all about hype and the hypebeast Roll Eyes
So many people out there talk about bitcoin and promote this coin even though they don't understand about bitcoin or blockchain. They just tell you about the price and their profits, and then they invite you to buy some bitcoin and wait for high price to get rich instantly.
But it's not so bad.
hero member
Activity: 1190
Merit: 534
December 01, 2017, 11:47:20 PM
The reason for the surge is not natural as we all know. The entry of institutional investors is breaking all the records and reaching new milestones day by day. However, it is still unclear that is there any other inflow of panic buyers in Bitcoin other than big whales or not. Bitcoin was anyway going to hit $10K with or without the support of institutional investors, this time these investors are pouring the capital.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
December 01, 2017, 11:40:28 PM
Bitcoin is now at a high price. Bitcoin has many advantages. Bitcoin has changed people's lives. The potential of bitcoin is huge. I am optimistic about the future of bitcoin. Bitcoin's price will continue to rise. Of course, any investment is risky. Smiley

It's mainly because of its rising popularity. Demand increased as people invest and buy in. Also bitcoin doesn't have an infinite supply the more popular it gets, and the more people buying it, you can be sure that this isn't the end of bitcoin's rise. And with forks coming this december and january, breaking all time highs may be a common occurrence
member
Activity: 164
Merit: 10
December 01, 2017, 12:03:12 PM
Bitcoin is now at a high price. Bitcoin has many advantages. Bitcoin has changed people's lives. The potential of bitcoin is huge. I am optimistic about the future of bitcoin. Bitcoin's price will continue to rise. Of course, any investment is risky. Smiley
full member
Activity: 301
Merit: 103
December 01, 2017, 12:00:12 PM
Bitcoin is an emerging money market and so it is quite volatile and has more proximity. The use of bitcoin is highly rising on daily basis. Apart from the price just rising, it can also be traded as a fiat currency just like USD, EUR and GBP and other currencies.

You are right; it can be exchanged for cash. Bitcoin is based on a fully unsuited technology for daily minor business (too slow, too high fee), and thus that cannot be the reason for the rise of its value.  Its value is rising because people believe that they can make money, nothing more. This is fine. It will crash someday, but I don’t think it’s before I reaches 25.000-50.000$, which will be in 2018.

My favorite bubble is the Dutch Tulip mania of late 1636-1637; this is bitcoin about 300 years later. It’s going to get it on, in 2018.
member
Activity: 378
Merit: 10
December 01, 2017, 10:25:00 AM
Bitcoin is an emerging money market and so it is quite volatile and has more proximity. The use of bitcoin is highly rising on daily basis. Apart from the price just rising, it can also be traded as a fiat currency just like USD, EUR and GBP and other currencies.
newbie
Activity: 43
Merit: 0
December 01, 2017, 10:20:34 AM
The price of bitcoin rising Because More people are becoming aware of what Bitcoin is; it is leaving the realm of techie hobbiest and entering in to the mainstream conciousness. Not only as a viable currency, but what it means to ‘store value’ outside of normal methods, e.g., cash, banking, investments, stocks.
full member
Activity: 350
Merit: 100
December 01, 2017, 10:08:40 AM
The important thing in the digital currency is the value of bitcoin as we see that many people are just buying bitcoin to send their huge funds to other countries in the form of bitcoin and that is the reason that bitcoin is not legal in many countries. The price is connected with the trust of the users and now the users are increasing day by day. The use of bitcoin is also high many online shopping centers are selling through online currency like bitcoin and altcoin.
hero member
Activity: 2940
Merit: 613
Winding down.
December 01, 2017, 06:29:25 AM
#99
I think bitcoin is increasing in value because of the increasing demand of people in using bitcoin. Online shopping, tuition, travel ...... use bitcoin to pay and high bitcoin value anyone want to own for the future.

Supply and demand always the reason why the bitcoin price rising so high, people keep holding their bitcoin and buy more to anticipate the hardfork. That's why the bitcoin price at high price right now. Actually a whale also contributed on the bitcoin price, they can make a move on bitcoin price even is not too big.
I agree.It's all about supply and demand from all of us.Since bitcoin has become popular to numerous countries,we should also expect that more people will build interest on bitcoin.That will start to increase its demand and eventually supply will be minimal.With this,price becomes more expensive.
member
Activity: 196
Merit: 10
December 01, 2017, 06:11:25 AM
#98
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.
because of the good investments and reaching investors why it is reaching so high thats the matter of being a greatness of bitcoin and goodness of it to all of us!
member
Activity: 88
Merit: 100
December 01, 2017, 06:05:21 AM
#97
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’s surging popularity, demand and 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. Bitcoin is not regulated nor is it a legal tender  – but it is popular and in high demand which drives prices.
member
Activity: 91
Merit: 10
December 01, 2017, 05:25:00 AM
#96
The price of bitcoin rising so high because demand of bitcoin is increase day by day . Rumors of bitcoin are increasing , attracting many curious people .
when demand of bitcoin so high , bitcoin will be scarce , the bitcoin value will also increasing accordingly . when many people knew bitcoin , just good
news about bitcoin will make people buy bitcoin  .
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