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Topic: Why is the price of bitcoin rising so high? - page 5. (Read 3385 times)

hero member
Activity: 826
Merit: 501
for short-term investors may be devastated when they see bitcoin prices go down for a while, but for long-term investors it may be that their ordinary bitcoin price drops are normal, as they see the rising bitcoin price to gain a long-term profit.
Bitcoin price value is affected by several factors, but the most common factor is the law of supply and demand, it applies on the value of stock market, and affects also the constant fluctuation of bitcoin price. Anything that is abundant and much needed, will surely be valuable in the eyes of the consumers. The ceiling of its value is uncertain.
full member
Activity: 211
Merit: 100
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.

The reason Bitcoin price is rising high because it is the law of supply and demand. Remember that there will only 21 Million Bitcoins will ever be made. Then because of social media, too many people start using Bitcoin. With this kind of effect, the market value of Bitcoin will constantly increase.
jr. member
Activity: 462
Merit: 1
Prices fluctuate, there is nothing to be done about it, especially the price of bitcoin has never been stable, we always see either a jump up, or a temporary drop in price. As a result, the price is still increasing and bitcoin is growing.
full member
Activity: 191
Merit: 100
Law of supply and demand. As many people buy bitcoins, the demand increases therefore the price increases. Bitcoin's price is rising so high because of the news being spread about it and because of that, more and more people want to invest in bitcoin.
I couldnt agree more. Bitcoin has been known everywhere and started its great years that is why more people are getting aware of it and they actually get involved. This means that the demand of bitcoin is increasing these days which resulted to a high price of it. Well, for me it is a good thing because bitcoin has been known now and it has a progressive development because more people are investing in it which means more people will benefit from it.
member
Activity: 294
Merit: 10
Bitcoin prices are bottoming out at the moment. And I think there are many reasons why the bitcoin value is increasing. Capitalization is increasing. A lot of people pay attention to bitcoin. This makes the value of bitcoin increasing
newbie
Activity: 22
Merit: 0
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 more number of people buying bitcoins(the demand) and the scarcity of bitcoin(the supply) that makes the bitcoin price goes high.
newbie
Activity: 70
Merit: 0
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.

This basically revolves around the Supply and Demand rule. BTC has limited numbers worldwide and the demand is so high that one satoshi (a very small portion of BTC) is already worth a lot. a large number of people are interested in getting BTC all over the world and its affecting the demand rate.
member
Activity: 120
Merit: 21
Now the world's blockchain industry bubble serious, huge risk, and continue to superimposed, not risk-tolerant retail investors do not approach, because it is easy to become Panxian, become "leek."
member
Activity: 239
Merit: 10
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.
The reason why bitcoin value or prize is always increasing that could growth so high is because of the demand of the people who buy and Invest more because the more users to buy bitcoin stock the more it's increase the prize. And as of now we know that bitcoin are become more popular to the people so that the demand of bitcoin are also increasing that take the prize rise so high.
full member
Activity: 230
Merit: 108
the price of bitcoin always rising, because of its high demand and many users buy more stock of bitcoin that's why the price of it rise so high.
When many users continue buying a stock the price of it will get higher and higher.
member
Activity: 101
Merit: 10
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.
I think the big issue for btc is that there are too many new ICOs and they need btc investment.
full member
Activity: 322
Merit: 100
The reason behind Why the price of bitcoin rising so high, is because of its continuously increases of demand in the world trade market.
There are lots of people supporting the services of bitcoins so there is great impact that it will give in the market value of bitcoins.

That is the correct answer mate, "demand". Whenever you are seeking answer to "why price going higher" in any market the answer is demand rising. As bitcoin is anonymous dark side is also entering to the blockchain. like money laundering, drug traficking, gun traders etc.
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
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.
One of the reasons for soaring the price of bitcoins is people who keep buying bitcoins. So the price of bitcoins is rising. Especially today the growing number of people are gaining interest in the so-called Gold on the Internet. So it will not be long before the price of bitcoins will increase further. And I'm sure that bitcoins will be accepted by large companies that will really speed up the price hike.
member
Activity: 196
Merit: 10
The price is only based on the supply and demand .The same happens with bitcoin, and it will keep going up because people is still looking to buy it at an expensive price.
 
sr. member
Activity: 524
Merit: 258
The reason behind Why the price of bitcoin rising so high, is because of its continuously increases of demand in the world trade market.
There are lots of people supporting the services of bitcoins so there is great impact that it will give in the market value of bitcoins.
newbie
Activity: 12
Merit: 0
There are a lot of factors affecting the price of Bitcoin. It can be due to the currency exchange or perhaps the transferring fees changing.
newbie
Activity: 42
Merit: 0
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.
member
Activity: 336
Merit: 10
The most successful crypto in this technical era is bitcoin. Because of its usefulness system and profitable reaction no other crypto or altcoin cannot reach its position. Many peoples are getting inspiration and starting invest there and become a member of that era because they are getting so much benefit and facilities from it. Its price is rising so high because of its extra popularity.
Most of the people depend there very seriously and many people become a part of it day by day. It is a very special coin and almost all the people choose it for investment so that its price is increasing more day by day.
hero member
Activity: 1260
Merit: 500
In CryptoEnergy we trust
December 29, 2017, 12:31:31 PM
Bitcoin is the first cryptocurrency and a standard. All know him and buy. Therefore the price will also grow. all want the piece) But the percent of his share will decrease generally.
full member
Activity: 728
Merit: 101
December 29, 2017, 12:21:59 PM
Because many people buy rather than sell it, and blockchain technology is already recognized by many people but they hate bitcoin is a weirdness.
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