why is the value of bitcoin high last night. - page 3.

dodziu

full member

Activity: 475

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Quote from: pogicute1234 on July 18, 2018, 02:55:29 AM

before I sleep I noticed increased the bitcoin value to some some tokens I do not know why. !!
What do you mean by increasing market value?

I believe the reason for this might be due to price manipulation or maybe there is high demand for bitcoin than supply thereby making the price to rise because when the rate of demand is higher than the supply, then the price will rise and when the otherwise is he case, the price falls. I hope there can be more demands than supply so that the market can recover from the bear quickly.

Oliver2

member

Activity: 132

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Both the price of BTC and the price of altcoin for BTC are rising, and the market has rebounded after two months of decline, which is quite normal.

RockHenki

member

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Quote from: pogicute1234 on July 18, 2018, 02:55:29 AM

before I sleep I noticed increased the bitcoin value to some some tokens I do not know why. !!
What do you mean by increasing market value?

I think that is just cycle. I do not think too much about the reason why Bitcoin is increasing. I only know that they will increase in the near future. I was steadfast in my opinion, I bought Bitcoin at $ 5k8 and held them until now.
but i do not sell them now, i know its price will increase to 8k $ at the end of july.

mairespleet

newbie

Activity: 56

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bitcoin value is overall in a improving mood, the growth is quite satisfying but as we all know this place is unpredictable, situation does not take much time to switch so instead of asking anyone opinion I think if anyone is interested in investing he should keep the recent updates on his own it will be more hlepful

BTCHadzija

full member

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Quote from: robertcross07 on July 20, 2018, 06:46:39 PM

Price fluctuates for the gap of demand and supply. When supply is higher than demand, market becomes bearish anf when supply is lower, price becomes higher.

this is the answer you're looking for, forget all the talks about world cups, chinese new year, christmas or whatever when trying to understand price action.

TreXzar

jr. member

Activity: 143

Merit: 1

Probably to do with the conclusion of the world cup that people wanted to continue gambling perhaps. THere wasn't any good news yet so it was probably nothing more than randomness. On the other hand, theres an ETF decision coming up in early August which may have a bull run starting up soon.

Candepoccus85

newbie

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From my point of view bitcoin price is always fluctuated. Its price is not stable. Investor make profit because its price always ups and down. Because of this reason the price of bitcoin rais last night.

Derizia99

jr. member

Activity: 154

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Axioma Holding - Axioma Pay Crypto Card

Quote from: pogicute1234 on July 18, 2018, 02:55:29 AM

before I sleep I noticed increased the bitcoin value to some some tokens I do not know why. !!
What do you mean by increasing market value?

which makes a high bitcoin value is, a lot of good news about bitcoin in the past day, hence the bitcoin price goes up, for that we have to keep hold bitcoin

SlashEject

newbie

Activity: 219

Merit: 0

Bitcoin is the virtual currency and these are the liquidity assets. Price may increase or decrease at any time. Yesterday, maybe something like that happened. Moreover, its demand can be increased at any time and with the increasing demand, the price of Bitcoin will also.

slitil

newbie

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The price was high because the value has increased and by increased market value it means that there's not enough supply to meet the markets' demand hence the price hike.

Vengeance007

newbie

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Price of Bitcoin is really rising since its inception, it's nothing new. But there are some factors for which bitcoin's price is rising which include decentralized technology, digital currency, deflationary in nature , use of smart contracts and blockchain technology. Finally, you shall remember one thing that the price of bitcoin is also volatile. So the price may also decrease sometimes but not worthy of loss, I believe.

Shative

newbie

Activity: 168

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The market demand is growing each day for Bitcoin as people understand the benefit of return from it. It has risen more than 30% to what it was about a few months back, so still on an upscale is somewhat predicted from before.

bungutko

newbie

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Basically, if demand in btc is higher then definitely there will be an increase in market price value. Just happen to notice something in the current market right now wherein most of the alts were a bit down while btc is on green market. This has been my first time to notice such market scenario where altcoins is supposed to increase for every btc up trend movement.

TungayETH

newbie

Activity: 201

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Like predicted, the market will recover from the dip. The slight increase in price was a sign of that. Although it was low, but market will recover, sadly, at a slow rate. There is no need to fret, such fluctuations are normal.

Anniee123

member

Activity: 196

Merit: 10

Now bitcoin is trying to make a fake breakthrough.
However, the capital amount of the whole market has been seriously insufficient, so I think it will still be a downward trend, so there will not be any change due to the short-term price increase.

klavuhn

newbie

Activity: 126

Merit: 0

I also curious with you, usually when BTC price rise, Alt will rise too. But it's different. They didn't follow BTC again. Idk what happen, it's because World Cup or not but I hope that BTC will continue grow like this same like Alt too.

maxwellfreeman

newbie

Activity: 84

Merit: 0

Impossible to say. Fear, greed, this, that. So many different factors that you can't say.

Even the pros can's say!

"Give a monkey enough darts an they'll beat the market"
https://www.forbes.com/sites/rickferri/2012/12/20/any-monkey-can-beat-the-market/#1a29ff7e630a

Plus, the value has been high for quite some time! It cost less than a cent, less than a decade ago.

arpon11

sr. member

Activity: 882

Merit: 282

Quote from: pogicute1234 on July 18, 2018, 02:55:29 AM

before I sleep I noticed increased the bitcoin value to some some tokens I do not know why. !!
What do you mean by increasing market value?

I have not seeing a very serious breakout yet and the bitcoin's price has been in the states of ranging market. The movement three days ago was due to the fluctuations in price and the traders that were concentrate on World Cup are back and some of them are open new position.

karashika0577

copper member

Activity: 434

Merit: 0

Yes, my experience also says this. Prices fluctuate for demand and supply gap. When supply is higher than demand, then when the supply is low, the market becomes a cause for recession, the price becomes high. There may be other reasons.

blackhelmt

brand new

Activity: 0

Merit: 0

it's normal in the market there is pumping activity for the price Bitcoin sometimes dump with the price in a few minutes later

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