Because you can send money from one country to another in a jiffy without dealing with banks. You can present money to another party without showing your identity. It is going to be limited in supply. Consider the fact that it is legal in Japan.
LIMITED IN SUPPLy + ACTUALLY USABLE = VERY HUGE RISE IN PRICE
Topic: Why the bitcoin price doesn't stop rising? - page 3. (Read 2000 times)
Because people keep on investing bitcoin and used it for trading, all of the people will tempted when they heard bitcoin rise 10times in a year, so they keep on buying when there are chances and this is not over yet, when big ecommerce joined in bitcoin then it will another skyrocket
That was absolutely wrong. That caused by a lot of the country tries to adopt the bitcoin as the legal payment or try to legalized the bitcoin. that gives the more adoption at this time and make the price increase a lot. People in those countries are interested in the bitcoin right now. 
Hello all.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.
Yes the number of people who believe with bitcoin and using bitcoin is rising that's why bitcoin price doesnt stop rising. But always remember that bitcoin price is unstable so there are chance that it will dump but it will definitely increase. So just hold on and keep your bitcoin until it pumps.
Because people keep on investing bitcoin and used it for trading, all of the people will tempted when they heard bitcoin rise 10times in a year, so they keep on buying when there are chances and this is not over yet, when big ecommerce joined in bitcoin then it will another skyrocket
communities that make bitcoin still exist and get a lot of sympathizers in the world. public confidence in the strength and need for bitcoin makes the bitcoin value itself even higher. bitcoin like the euro or dollar that has become a reference to the value of the digital currency. Until now bitcoin is still the center of crytocurency
My guess is that the hedge funds are stocking up prior to the Chicago Mercantile Exchange futures launching in December.
In order to hedge properly, you need to own the underlying asset, then if you go short on the futures and long the underlying asset you are perfectly hedged. Also because bitcoin is unregulated, they can use their bitcoin holdings to manipulate the price. So say, go short on the futures, and then sell their coins prior to futures expiry day, so that the settlement price on the futures leads them to a profit.
We thought we were the wild west, but it's going to get even wilder.
In order to hedge properly, you need to own the underlying asset, then if you go short on the futures and long the underlying asset you are perfectly hedged. Also because bitcoin is unregulated, they can use their bitcoin holdings to manipulate the price. So say, go short on the futures, and then sell their coins prior to futures expiry day, so that the settlement price on the futures leads them to a profit.
We thought we were the wild west, but it's going to get even wilder.
Hello all.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.
Obviously, one of the reason why bitcoin's value and price keeps on rising because the demand of it is also increasing and also the bitcoin is becoming more popular in other countries for which they are starting to trust, accept and trade using bitcoin as it gives a lot of proof that it is really something.
Hello all.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.
Main reason why Bitcoin's price keeps on rising is because it has a finite supply and since the demand is going high price will go with it. Expect for the price to go high because the demand for the coin will keep on rising after Japan and South Korea's move to embrace the coin.
I think its due to more demand for the coin thats why its price continues to rise,while supply is very limited and more and more people are using bitcoin its safe to say that it will grow and grow till it hit a stale mate.
Hello all.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.
This is due to Bitcoins gradual gaining of popularity, through this there is a huge market demand with only a limited supply . As time passes by, people will learn the uniqueness of its feautures after hearing Bitcoin for the first time , and that is how people starts to put their money in Bitcoin, whether for investment purpose or for transactions . The more people who gets involved in using Bitcoin the more the demand as well, and thats how Bitcoin's value increase basically.
I think the value of bitcoin is constantly increasing because of the high demand of the people. Bitcoin is not only for online shopping but also for travel and school fees. Therefore, the demand for bitcoin is higher. The price of bitcoin is also very suitable for us to buy.
Hello all.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.
It is simple why bitcoin is continuously increasing it's value is because the demand now is high and the supply now is limited that's the reason why bitcoin is simultaneously increase. another thing is the investor and the mega ICO, they hold bitcoin to create a limited supply in the market cap that resulting the rise of price value. Even the mega country contribute in low supply of bitcoin because of they holding it as long as they want to affect the demand of bitcoin in the world market cap.
Bitcoin has a very limited supply and already nearly 3/4 of the total supply has already been mined. If it reaches widespread adoption it would not be surprising for one Bitcoin to be worth $1 million.
The reason for that as the days, weeks, and months passes more and more people are accepting, trusting, and investing in bitcoin because they see the positive feedback from the users, they see that you will really gain something in return here because they see it as investment worth of spending your time and worth taking a risk.
Bitcoin price rising day by day is main resion is limited supply and high demand and also one of a biggest reason is altcoin trading with bitcoin.
Hello all.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.
Bitcoin's price depends in the what said "demand and supply", as you have said most of the people think that it will become valuable in the future, making them buy this digital currency when it drops that said, the demand of bitcoin is very high.
I am thinking the same and I think it will continue until next year. A lot of people are expecting a $10000 price so expect an unexpected price next year.
That is correct supply and demand and since bitcoin has a limited supply and once the demand increase then the price will increase with it. $10,000 is not too far from now, the only question that I have is until when are we going to enjoy these prices.
You have a point, bitcoin always pumps but whenever we see a pump we are thinking it will pump more, we are not really enjoying the price, we are like, taking advantage of the bitcoin price today.
I think the reason here is the profit other people made from these pumps. When someone told you he has a profit from buying bitcoin at these price and now it is these price gaining himself a profit, we are tend to try that and buy some, more and more people know and you on your side, who bought earlier than others think that it will pump more because of the rising popularity and instead of enjoying the big profits you have, like using them into investment, grab yourself an asset, we are waiting for it to pump and we are so scared to spend it because we are thinking that it will be more expensive.
Because transactions of bitcoin volume everyday rise. Many investors use bitcoin for their investments.
Some people use bitcoin for online payment transactions, because they know is fast transactions and no one can track the transactions.
The amount of the limited supply of bitcoin, and the reduced number of bitcoin it will effect to the price of bitcoin rise.
Some people use bitcoin for online payment transactions, because they know is fast transactions and no one can track the transactions.
The amount of the limited supply of bitcoin, and the reduced number of bitcoin it will effect to the price of bitcoin rise.
Because lots of bitcoin users and investors only uses small amount of bitcoin and lots of them are only in the storage the demand is high but the supply is low so the price is high, the mining is fast but the circulation of bitcoin is so slow.
because its bitcoin man its a digital gold, have you seen gold price drops ? then world economics will be in chaos same with crypto world
Hello all.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.
Bitcoin's price will definitely rise because of the increasing demand from it's users, and since more and more people are getting aware of bitcoin's existence and its future potential then more people are investing on it.
Hello all.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.
Bitcoin's price depends in the what said "demand and supply", as you have said most of the people think that it will become valuable in the future, making them buy this digital currency when it drops that said, the demand of bitcoin is very high.
I am thinking the same and I think it will continue until next year. A lot of people are expecting a $10000 price so expect an unexpected price next year.
That is correct supply and demand and since bitcoin has a limited supply and once the demand increase then the price will increase with it. $10,000 is not too far from now, the only question that I have is until when are we going to enjoy these prices.
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