Topic: Why is the price of bitcoin rising so high? - page 7. (Read 3398 times)
I think, besides that what makes the bitcoin price high is the price competition that always chases between bitcoin with altcoin etc ...
I think because of the rising bitcoin community. Many people all over cross the world are engage with bitcoin; increasing the bitcoin community brings a huge demands for their services which will leads to a higher market value in the public market.
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.
maybe because of supply and demand and many people will invest bitcoin.increase demand the price is high.. 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.
why the bitcoin increase is so high, if I think it depends on the demand of the person who will buy so the price is sometimes unstable with low or high prices become the vitality of a request
It's because of the demand and supply. The Higher the demand the price will increase. The lower the supply the higher the price.
Bitcoin's price depends in the demand and supply here in bitcoin. Also ot depends on the usage of people on bitcoin and nowadays, more people are into it so bitcoin's price is surprisingly increasing. If this will continue, then there's a possibility that bitcoin's price will be higher than we expected. Just a few years later, almost everyone in the world will use bitcoin.
Price of bitcoin riseup too high depend on how.much the requested from people
it's true, the more people who want Bitcoin then the price will also rise and if the supply starts a little the price will also be very high
Main reason for the highly rising price of BITCOIN is the increasing demand of BITCOIN.Many new investors are being interested to invest in BITCOIN.Everyone is believing that in future BITCOIN price will increase the same way which is making them realize that BITCOIN is really very useful and can give them a lot of profit.Therefore more new investors are attracted towards this and its increasing demand raises its price.
This year, Bitcoin has really developed very strong, strong growth rate together with high value has made Bitcoin more and more users. And I think that the main reason for Bitcoin price increase is that the number of people using it is increasing, and the demand is rising while the maximum bitcoin supply in the market is only 21 million. Some other opinion argue that the reason for the rapid growth of bitcoin is due to the lack of control from major banks, the government, but I'm not sure about this either. This is just my opinion
People want earn money - they do it. That's all. Crowd effect. 2017 has revealed crypto for millions of people worldwide. One of the best years of BTC life and there's no finish in th near future, I suppose!
Every time money is involved people will swarm it and try to invest it for the hopes of getting fortune from it, In our time now bitcoin is one of the best example of it . Because of the rise and popularity of Bitcoin nowadays many people are getting more into it thats why the demands of bitcoin is getting higher because of it the value pumps as the supply gets scarce.
The rise of bitcoin in the recent years can be accounted to the increase in demand and fix supply, it is the basic law of supply and demand. I think bitcoin’s popularity is triggered by people finally realizing the vision of a digital currency being the currency of the future.
I think there are many factors which are providing high rates of Bitcoin growth. But the main reason of is advertisement and distribution information about cryptocurrencies. More and more people trust in success of Bitcoin.
Price of bitcoin riseup too high depend on how.much the requested from people
The reason why bitcoin rise its price because of the growing people who use bitcoin and many people right now is shown interest about it, also the increasing value of bitcoin everyday. So that why is price is also rising, but i think its good sign because it means bitcoin has potential so many people trust it. Simply because investor are continuously coming, and at the same time people are continuously discovering and discovering cryptocurrency or what we call bitcoin. We cannot deny the fact that people might get interested working with this. By that, bitcoin value continuously growing bigger. In addition, because of social media bitcoin became popular and investors got bothered to pay attention to invest to this thing. Next one, is that people pass the information about this for them to work also, for example a friend of mine told me about this and me told it to my other friends by that bitcoin would get discover and at the same time value would get grow and bigger.
I don't think that the new people are the reason why Bitcoin's price is now this high. As they don't have the guts enough to push the prices up, so definitely the ones who are creating the prices of Bitcoin this high are the big players or the whales of cryptocurrency. This traders are the ones who started a buying pressure in which started a up trend for Bitcoin as other players have followed their league and started buying Bitcoin for themselves. They have done it in the pass the difference is they move the prices of Bitcoin too high. 
People want earn money - they do it. That's all. Crowd effect. 2017 has revealed crypto for millions of people worldwide. One of the best years of BTC life and there's no finish in th near future, I suppose!
Bitcoin is the most successful crypto of this technical era. No other crypto or altcoin cannot reach to its position because of its useful system and profitable reaction. Peoples are getting so much benefit from it and for this reason, many peoples are getting inspiration and starting invest there and become a member of that era. For its extra popularity, its price is rising too much high. Many people become a part of it day by day. Most of the people depend there very seriously.
Price of bitcoin riseup too high depend on how.much the requested from people
I have no idea where bitcoin’s price will go over the next couple years.
However, The long history of currency tells us that what the private sector innovates generating strong visibility for the broader cryptocurrency space.
The main reason why the price of bitcoin was rising so high is the fluctuation of supply and demand on online market. Furthermore, the number of people who used it or buy it is also the reason why it is so high. I think if the price of bitcoin is high it may lead to a high income also. However, The long history of currency tells us that what the private sector innovates generating strong visibility for the broader cryptocurrency space.
The main reason of rising bitcoin price so high is too much demand of bitcoin and lower supply. Too many people now started invest on bitcoin and bitcoin also used in every crypto transactions, so it is used by many investors and it is also a reason for rising bitcoin price so high.
because a lot of new enthusiasts about bitcoin, different from before, now bitcoin become viral in the mass media, no wonder if this triggers big investors to invest in bitcoin, so the bitcoin price is getting higher due to higher buying rate.
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