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Topic: Why is the price of bitcoin rising so high? - page 12. (Read 3369 times)

full member
Activity: 210
Merit: 101
November 29, 2017, 06:58:12 AM
#76
The value of bitcoin is growing or increasing because it is a lot of interest in it and more people are willing to make money easier. The bitcoin value is high as it has been created by many users on this site. So the next generation is sure bitcoin their work will be and they will be used to pay for everything they want to buy and better the company's transaction and the more the situation will be better for those who bill their bills
member
Activity: 126
Merit: 14
November 29, 2017, 06:50:54 AM
#75
Because of the on-going demand for bitcoin price is increasing more day by day resulting in the fluctuating of bitcoin in which the price of bitcoin surprises as because many people like myself are expecting the 10,000 USD price of bitcoin would be achieved on the end of the year instead it is achieved by the end of November 2017.
sr. member
Activity: 504
Merit: 250
November 29, 2017, 06:44:50 AM
#74
Well, it's probably a little bit guilty of the prospect of investing in bitcoin, as if you invest that and the profit will increase with time
newbie
Activity: 24
Merit: 0
November 29, 2017, 06:40:59 AM
#73
I think it depends on demand and supply rule plus news. Bitcoin has limited number of supply and more investors are investing in bitcoin. News is also major  factor for price increase.
hero member
Activity: 3080
Merit: 603
November 29, 2017, 06:25:36 AM
#72
One of the reasons for high bitcoin prices is the high demand of users. Bitcoin is developing, many people know it and use it. When bitcoins increase, people invest in it to make a profit.
This is the only reason why the price is so high, it will not be too high if there will be no demand. If the demand is low, there will be no reaction to the price of bitcoin. And the news are also affecting the price of it, when experts are being interviewed and give a positive feedback to bitcoin. Viewers are going to have a peace of mind that it's fine to buy bitcoin and that makes everyone to keep on buying.

yes besides that, people now know that bitcoin is really worth and the price will increase in the future and the highest price now it is just beginning. in future, maybe we can see the other highest price again. while people realize that bitcoin is precious, they want to buy bitcoin whatever the price and they will hold it for a longer time.

It is precious to everyone's eyes now and while it is still too early, they are chasing to buy early now that makes the price of bitcoin higher. Those high speculations from the experts are really helping to make the price of bitcoin higher. And this makes the people who are into bitcoin to have a very nice future, so if I were you don't panic, stay calm and relax while watching the price rise.
newbie
Activity: 11
Merit: 0
November 29, 2017, 03:52:34 AM
#71
It seems something wrong to me about the price rising so high. It is always a catch there, but I'm not the one to judge.
Some analytics presume such a tremendous high rate because of a market demand among the masses of newcomers on ecxchanges. But some other people appeal to traders be cautious. They say, there are suspitions the current situation with the bitcoin price is caused by the cryptocurrency speculations.
legendary
Activity: 1176
Merit: 1017
November 29, 2017, 03:51:43 AM
#70
i think, it is only going to go higher in the upcoming months

Be safe because at these prices you can lose an awful lot of money very quickly.  It's time to keep a level head and don't over speculate because people are extremely trigger happy right now ----> the slightest flinch could start the market tumbling out of control.
newbie
Activity: 59
Merit: 0
November 29, 2017, 03:35:27 AM
#69
i think, it is only going to go higher in the upcoming months
newbie
Activity: 4
Merit: 0
November 29, 2017, 03:34:23 AM
#68
On 30th March 2017 the market cap for Bitcoin BTC was just under $17 billion USD.  Today (29/11/2017) the market cap of BTC is over $177 billion USD.  It's the law of supply and demand. In just over 7 months, an extra $160 billion USD has come into BTC but the BTC supply hasn't increased at the same rate therefore driving up prices from $1,061USD on 30/3/2017 to today's price of $10,637.50 on 29/11/2017.  Smiley Shocked Roll Eyes
member
Activity: 924
Merit: 18
November 29, 2017, 03:27:46 AM
#67
many reazons It has

support people, faith etc

Also news of banks
full member
Activity: 301
Merit: 103
November 29, 2017, 03:24:56 AM
#66
At first i did not believe and was really surprised by the current bitcoin price, it was amazing.
There are several factors that make bitcoin prices so high, such as an increase in institutional investor interest and that means bitcoin demand is greater than supply.
Looking at the rising bitcoin prices now, this is very happy for bitcoiner like me and will be more eager to collect bitcoin.

Not too surprising. I already said in back in Feb 17 that it would go to 25.000$ by Feb 18. We have a little competition at work guessing the btc prize by the end of Feb 18. Look good for me Smiley, already passed the others by a good margin. They are way too conservative. It helps on my mood that I also bought 0,5BTC in Jan 17 for 448$..... Keep pumping it Smiley
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
November 29, 2017, 03:20:58 AM
#65
At first i did not believe and was really surprised by the current bitcoin price, it was amazing.
There are several factors that make bitcoin prices so high, such as an increase in institutional investor interest and that means bitcoin demand is greater than supply.
Looking at the rising bitcoin prices now, this is very happy for bitcoiner like me and will be more eager to collect bitcoin.

   You are surprised cause you did not expect this to happen. I believed in predictions
from this summer, many people from bitcoin world said that bitcoin price will hit $10000
this year!
   This price rise turn non-believers into believers, and now everyone is more eager to
collect and save bitcoins not just you! I think this fiver is not just about bitcoins, total
market cap reached $300 billion, people invest mostly in bitcoins but they are noticing
other alt-coins too.  
legendary
Activity: 2576
Merit: 1655
November 29, 2017, 03:17:56 AM
#64
One of the reasons for high bitcoin prices is the high demand of users. Bitcoin is developing, many people know it and use it. When bitcoins increase, people invest in it to make a profit.
This is the only reason why the price is so high, it will not be too high if there will be no demand. If the demand is low, there will be no reaction to the price of bitcoin. And the news are also affecting the price of it, when experts are being interviewed and give a positive feedback to bitcoin. Viewers are going to have a peace of mind that it's fine to buy bitcoin and that makes everyone to keep on buying.

yes besides that, people now know that bitcoin is really worth and the price will increase in the future and the highest price now it is just beginning. in future, maybe we can see the other highest price again. while people realize that bitcoin is precious, they want to buy bitcoin whatever the price and they will hold it for a longer time.

This is just the beginning folks. The $10K is just the tip of the iceberg. I'm sure with all the media attention bitcoin and crypto are getting, 2018 will be another breaking year for us. Mainstream media covering it and analyst doing their best prediction has really captured the heart of ordinary and casual people to buy bitcoin that's why for me this is just the beginning of a new era now that the 5 figures has been breach.

For all we know, those who attacks or continue to bash bitcoin has secretly buying it in the side. Because they can't really stop this train from going further. Now at the end of the year its $10K, next year it could go 5-10 folds.
sr. member
Activity: 588
Merit: 250
November 29, 2017, 03:15:30 AM
#63
In last few days bitcoin price has increased tremendously,today it crossed 10,000$ mark.this is because in last few days no,of bitcoin users have been increased and according to some news during thanksgiving a lot of people have invested in bitcoin.thus its price shoot up.
member
Activity: 232
Merit: 11
November 29, 2017, 03:11:58 AM
#62
As far as I know it is the popularity and demand of Bitcoin making its price so high.
full member
Activity: 420
Merit: 101
Earn crypto for being contacted
November 29, 2017, 03:10:50 AM
#61
At first i did not believe and was really surprised by the current bitcoin price, it was amazing.
There are several factors that make bitcoin prices so high, such as an increase in institutional investor interest and that means bitcoin demand is greater than supply.
Looking at the rising bitcoin prices now, this is very happy for bitcoiner like me and will be more eager to collect bitcoin.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
November 29, 2017, 03:01:57 AM
#60
One of the reasons for high bitcoin prices is the high demand of users. Bitcoin is developing, many people know it and use it. When bitcoins increase, people invest in it to make a profit.
This is the only reason why the price is so high, it will not be too high if there will be no demand. If the demand is low, there will be no reaction to the price of bitcoin. And the news are also affecting the price of it, when experts are being interviewed and give a positive feedback to bitcoin. Viewers are going to have a peace of mind that it's fine to buy bitcoin and that makes everyone to keep on buying.

yes besides that, people now know that bitcoin is really worth and the price will increase in the future and the highest price now it is just beginning. in future, maybe we can see the other highest price again. while people realize that bitcoin is precious, they want to buy bitcoin whatever the price and they will hold it for a longer time.
full member
Activity: 213
Merit: 100
November 29, 2017, 02:54:16 AM
#59
It will grow further, up to 40-50 thousand in 2018. It's normal, money flows in, more people use it, it's normal, and it's not a bubble.
hero member
Activity: 3080
Merit: 603
November 29, 2017, 02:49:10 AM
#58
One of the reasons for high bitcoin prices is the high demand of users. Bitcoin is developing, many people know it and use it. When bitcoins increase, people invest in it to make a profit.
This is the only reason why the price is so high, it will not be too high if there will be no demand. If the demand is low, there will be no reaction to the price of bitcoin. And the news are also affecting the price of it, when experts are being interviewed and give a positive feedback to bitcoin. Viewers are going to have a peace of mind that it's fine to buy bitcoin and that makes everyone to keep on buying.
member
Activity: 112
Merit: 10
November 29, 2017, 02:48:20 AM
#57
Well i think that the price of bitcoin rising so high because the number of people investing in bitcoins has increased this past few weeks and also popularity of bitcoins has risen quite a bit. Bitcoin attracted a lot of investor mostly young professional one's are investing on Bitcoin for their Future retirement or for their extra source of income.
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