Topic: Why the bitcoin goes up so high? - page 3. (Read 1658 times)
Peoples are optimistic about bitcoin is increasing as news spread by many media. Thus, opening up their mindset to peoples who are used to virtual world.
I Thnk many country approve that bitcoin is legal in their country. That is Why BTC Goes UP.
I think bitcoin grows simply because of the increased demand of people for using bitcoin and earning money with it. Every day someone learns about it and decides to join.
I think why bitcoin price increase so high brcause they have many buyer in the market so it will increase continously so dont sell it your bitcoin. You can buy bitcoin even the price is very high because I believe it will increase more in the future but invest only you can afford to lose because even the price continue increasing they have possible the price decrease. More bitcoin more profit.
I think which most significantly affects the bitcoin price are so high at the moment, because increasingly of peoples (countries) who support bitcoin, and the more peoples who buy bitcoin as an optimistic investment material will getting more profit in the next time. And proven also at now I'm sure the number of bitcoin users was increasing, this certainly can affect the development of bitcoin price.
I think it is the upcoming fork. Good news had been piling up for bitcoin after the FUD these previous month. Google implementing Bitcoin API for payment, amazon, and news about Chinese government opening way for legit exchanger to open in China. And these upcoming Fork surely produce a lot of hype and speculation in the market. People think that they will get more profit if the jump in before the fork because of the equal coin in the minor chain which they can sold for BTC.
I think the support of Japan government in bitcoin helps it to become more popular and successful the trust of people increase because of it. Also bitcoin continue to appreciate because the demand continue to grow and the supply needs to fill this out that's why the price fluctuates from time to time I think the more user of bitcoin the more chance of price appreciation.
Indeed, the demand of the user is the reason for the value of bitcoin increased. Japan is truly a great country when it overtakes China and becomes the world's leading bitcoin market. It can be said that Japan is playing an important role in the development of bitcoin.
Aside from the Japan endoresement, another reason would be the upcoming hard fork. The demand for bitcoin is really high because of the hope that they would probably received good amount of bitcoin gold once they hold big amount of BTC. Just like August 1 hardfork, bitcoin holders have receive BCC based from the BTC they hold that time. Many users is now exchanging the altcoin into BTC, just like me. I have converted all my altcoins into bitcoin, the possibility of hard pumping will also happen after hard fork.
Yeah I guess Japan played a major role in the price increase of bitcoin and also it can be because of the upcoming hard fork this month...many can become the reason but one thing is sure bitcoin is unpredictable so we never know if its gonna pump or dump tomorrow just be ready for the surprises bitcoin value has.
Japan has long been a leader in the trade of crypto currency. Now the price increase is not connected with Japan. The increased demand for bitcoin was due to the fork. People want to buy bitcoin to get Bitcoin Gold
Yeah I guess Japan played a major role in the price increase of bitcoin and also it can be because of the upcoming hard fork this month...many can become the reason but one thing is sure bitcoin is unpredictable so we never know if its gonna pump or dump tomorrow just be ready for the surprises bitcoin value has.
Recently, the price of bitcoin went up high.
Someone says it's because Japan gave an endorsement to the 11 cryptocurrency exchanges or some people say it's because Goldman Sachs announced that they will start the bitcoin trade operation.
What do you think of the most influential reason for making the bitcoin price high?
Plz share
There's a disadvantage if you follow the news as when you hear bad news about bitcoin then you predict the price will down but sometimes bitcoin prices do not go down because bitcoin price is determined based on the market's supply and demand. Someone says it's because Japan gave an endorsement to the 11 cryptocurrency exchanges or some people say it's because Goldman Sachs announced that they will start the bitcoin trade operation.
What do you think of the most influential reason for making the bitcoin price high?
Plz share
People that are thinking that it's too late to get into Bitcoin due to it being so high right now could well be very wrong. Yes it's high and no currency in the world has a conversion rate of 1 = 3.5k but we could very well still be in the early days.
It's still many years until all the Bitcoins will be mined so once this limit is nearly reached only then will we see the peak on the mountain.
It's still many years until all the Bitcoins will be mined so once this limit is nearly reached only then will we see the peak on the mountain.
I'm 80% sure that this trend because of the upcoming fork, like what bitcoin cash do tho people are not much aware from that fork and they did panic but this time as a lesson from the previous fork, more people are aware and invest and buy bitcoin for the B2X - Bitcoin gold fork.
More people believe that this B2X wil be a free money like bitcoin cash.
More people believe that this B2X wil be a free money like bitcoin cash.
That is right. Looking at the huge downtrend on the chart for altcoins with the increase in value of bitcoin, I believe most people are just getting ready for the upcoming fork. It is too early though considering that the fork is not coming up until like 2 weeks. I guess everyone just wants to quickly get out before the huge drop in value of the altcoins, or someone is just manipulating the market since I am seeing some huge buybacks for some of the altcoins.
Bitcoin prices are determined absolutely by the supply. If many buy Bitcoin, then the price will rise and also apply the opposite,
when someone buys or sells Bitcoin in a great price, then the price will move in the extreme. Bitcoin price volatility will be dampened if Bitcoin users more and more and the number of Bitcoin spread also higher.
I agree with your opinionwhen someone buys or sells Bitcoin in a great price, then the price will move in the extreme. Bitcoin price volatility will be dampened if Bitcoin users more and more and the number of Bitcoin spread also higher.
I think the price of bitcoin increases because many people invest in it. Its price depends on the world economy
Bitcoin prices are determined absolutely by the supply. If many buy Bitcoin, then the price will rise and also apply the opposite,
when someone buys or sells Bitcoin in a great price, then the price will move in the extreme. Bitcoin price volatility will be dampened if Bitcoin users more and more and the number of Bitcoin spread also higher.
I agree with your opinionwhen someone buys or sells Bitcoin in a great price, then the price will move in the extreme. Bitcoin price volatility will be dampened if Bitcoin users more and more and the number of Bitcoin spread also higher.
I think the price of bitcoin increases because many people invest in it. Its price depends on the world economy
I think which most significantly affects the bitcoin price are so high at the moment, because increasingly of peoples (countries) who support bitcoin, and the more peoples who buy bitcoin as an optimistic investment material will getting more profit in the next time. And proven also at now I'm sure the number of bitcoin users was increasing, this certainly can affect the development of bitcoin price.
I think the support of Japan government in bitcoin helps it to become more popular and successful the trust of people increase because of it. Also bitcoin continue to appreciate because the demand continue to grow and the supply needs to fill this out that's why the price fluctuates from time to time I think the more user of bitcoin the more chance of price appreciation.
Recently, the price of bitcoin went up high.
Someone says it's because Japan gave an endorsement to the 11 cryptocurrency exchanges or some people say it's because Goldman Sachs announced that they will start the bitcoin trade operation.
What do you think of the most influential reason for making the bitcoin price high?
Plz share
We can not deny it that Japan did contribute to bitcoins recent rise in price as exchanges are very much at the centre of attention when it comes to how we use our crypto coins and without doubt Goldman Sachs is proving to be influential in this spectrum of business which is a good thing but I think this is a correction and we are yet to see the real price rise soon. Someone says it's because Japan gave an endorsement to the 11 cryptocurrency exchanges or some people say it's because Goldman Sachs announced that they will start the bitcoin trade operation.
What do you think of the most influential reason for making the bitcoin price high?
Plz share
Because there is a lot of demand for bitcoin, for example : japanese and south korea already regalized bitcoin.
Of course it will affect bitcoin value globally, as we can see right now bitcoin almost reach $ 5.000.
Of course it will affect bitcoin value globally, as we can see right now bitcoin almost reach $ 5.000.
Recently, the price of bitcoin went up high.
Someone says it's because Japan gave an endorsement to the 11 cryptocurrency exchanges or some people say it's because Goldman Sachs announced that they will start the bitcoin trade operation.
What do you think of the most influential reason for making the bitcoin price high?
Plz share
The fork is the real reason of this pump, every body wants free money through the fork, they are know about the bitcoin cahs airdrop and they wanna join in the next airdrop if the fork will have happened. Someone says it's because Japan gave an endorsement to the 11 cryptocurrency exchanges or some people say it's because Goldman Sachs announced that they will start the bitcoin trade operation.
What do you think of the most influential reason for making the bitcoin price high?
Plz share
Recently, the price of bitcoin went up high.
Someone says it's because Japan gave an endorsement to the 11 cryptocurrency exchanges or some people say it's because Goldman Sachs announced that they will start the bitcoin trade operation.
What do you think of the most influential reason for making the bitcoin price high?
Plz share
You are right japan exchanges and Goldman Sachs have a huge impact why bitcoin price goes up, but I think the real reason of the pump is people are buying and holding more bitcoin because of upcoming fork to get more free Bitcoin Gold. Just like what I did, I temporarily stop trading altcoin and sell it all to have more bitcoins so that I am able to get as much as bitcoin gold as possible. Someone says it's because Japan gave an endorsement to the 11 cryptocurrency exchanges or some people say it's because Goldman Sachs announced that they will start the bitcoin trade operation.
What do you think of the most influential reason for making the bitcoin price high?
Plz share
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