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Topic: Why the bitcoin price doesn't stop rising? (Read 2000 times)

sr. member
Activity: 448
Merit: 281
December 07, 2017, 05:33:05 AM
#73
It is all about the law of supply and demand. There are many buyers of the Bitcoin making it in-demand then it causes a rising in the price because the supply decreases. It is just like a normal movement, because when the price gets high then the holders of Bitcoin will start to sell then investors waits for the price to decrease so they can buy even more. It is all about the demand and volatility that affects the price of Bitcoin.
Yeah that’s right that bitcoin cannot be controlled by any region or government and the example is china they want to impose on bitcoin but bitcoin is surviving without them and is far better than without them and all this is just because of vast user circle and I know one thing that in future more regions will join the race and more people will invest so there will be more rise in the price in the coming days and this will be awesome.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
December 06, 2017, 01:04:04 AM
#72
We can't control bitcoin because we cannot also control the people who actually want and eager to invest here. I think there is no problem from making bitcoin to rise. This is also a good news for us. So what is the problem from making bitcoin price doesn't stop from rising? I guess there is no problem with it.

People might scared right now because the price of bitcoin are in bubble they said that may collapse at any moment but for me bitcoin is really a good investment and I know no one can stop bitcoin to rise better hold more right now.
full member
Activity: 364
Merit: 130
December 06, 2017, 12:59:28 AM
#71
because each time it rises, the media is filled with lots of news about bitcoin and they start talking about it nonstop. these days they keep comparing it with other famous assets and keep saying how bitcoin has left them all in dust and have been outperforming all of them.

all of the above means more and more investors. mostly excited to become rich over night! a little bad, i know. but what you gonna do?! that's happening.
exchanges report extreme traffic and lots of new members signing up these days too!

Yeah, It can't be denied that the media are taking a big part with this situation. Although people are speculating about December correction, in fact, the price jump to $12k. Some investor is confused with this situation but the others are getting more interested to invest in it. This already the third week for a green candle by bitcoin price. the bitcoin holder is smiling, most are excited and the others still confusing.
member
Activity: 294
Merit: 10
December 06, 2017, 12:40:05 AM
#70
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.

Maybe i think it's because bitcoin wants to compete with gold prices, so bitcoin can control the entire market price in the business world and people will switch from gold to bitcoin. Although bitcoin prices are often down i think it's to fool the government.
hero member
Activity: 1078
Merit: 501
December 05, 2017, 09:48:43 PM
#69
We can't control bitcoin because we cannot also control the people who actually want and eager to invest here. I think there is no problem from making bitcoin to rise. This is also a good news for us. So what is the problem from making bitcoin price doesn't stop from rising? I guess there is no problem with it.
hero member
Activity: 1593
Merit: 502
December 05, 2017, 09:42:30 PM
#68
right, this is happening because the market share is very big, they are very thirsty with bitcoin,
because this will always be the benchmark of digital currency and is considered the pioneer of the growth of crypto currency
and bitcoin will always be more expensive than yesterday
Yes, when the whole world focuses on bitcoin, the number of bitcoins is too small to meet the market. There is not much supply so the bitcoin price doesn't stop rising.
sr. member
Activity: 784
Merit: 262
AZBI NETWORK - Multichain system
December 05, 2017, 09:08:48 PM
#67
right, this is happening because the market share is very big, they are very thirsty with bitcoin,
because this will always be the benchmark of digital currency and is considered the pioneer of the growth of crypto currency
and bitcoin will always be more expensive than yesterday
full member
Activity: 238
Merit: 100
December 05, 2017, 08:49:21 PM
#66
The steadily increasing price of bitcoin of course animate investors to buy it in the hope that it will increase further and they will have a great winning. But the real reason why crypto currencies continue to increase is because there is a ton of trillions in fiat money available that looks for a return of capital and honestly where can you find such relatively secure winning rates besides the stock market that is based on the fiat crap?

When I opened this thread I was about to write exactly the same as you did, maybe with a bit different wording, but exactly the same meaning. Normal people are incentiviced to invest because they think it will a higher increase of price, while big players make money on the artificially (by them) created swings. Prices then are being held upon a certain level and further going up so that the circle contiunues. Thats how our current market looks.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
December 05, 2017, 05:34:18 PM
#65
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.
There are only two options the first is that we are in the middle of a bubble and the price is being manipulated by the whales and the miners, this is possible but unlikely, the most likely option is that bitcoin has seen a huge demand from the general public and that is making the price to go up, this is the most likely option taking into account everything we have seen in the last months.
4U
member
Activity: 195
Merit: 10
December 05, 2017, 10:56:35 AM
#64
In my opinion. Talking about bitcoin goes higher, my bases is about the law of demand and supply. If the supply is high the demand is low. And if the demand is low the supply is high. And talking about bitcoin goes higher it is because many people additionals goes registered everyminute or everyday. As of me my friend invited me to play bitcoin thats why im now a newbie bitcoiner player.
Bitcoin is now Accepted my some rich countries and some of rich companies as well so demand of bitcoin is going day by day and when demand go high then definitely the price will go high because bitcoin is one of the fast growing currency in world that’s why some countries make bitcoin legal and if you compare the performance of bitcoin with last year so then you can feel the difference because bitcoin price is very high then last year its mean bitcoin is doing progress very fast and in coming time bitcoin will be accepted by some countries.
full member
Activity: 658
Merit: 106
December 05, 2017, 08:04:47 AM
#63
It is all about the law of supply and demand. There are many buyers of the Bitcoin making it in-demand then it causes a rising in the price because the supply decreases. It is just like a normal movement, because when the price gets high then the holders of Bitcoin will start to sell then investors waits for the price to decrease so they can buy even more. It is all about the demand and volatility that affects the price of Bitcoin.

Exactly, that's the reason why bitcoin value's  pump and dump because of supply and demend. And there's so many investor invest in bitcoin specilly nowadays that's why the price geting higher and when investor or buyer sell their bitcoin that's the time for the value going down and that is called volitile.
member
Activity: 82
Merit: 13
December 05, 2017, 06:56:22 AM
#62
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.

grow  price mean make money , money mean new demand for bitcoin , new demand grow price  and those till reach the moon
member
Activity: 616
Merit: 11
Decentralized Ascending Auctions on Blockchain
December 04, 2017, 09:05:38 PM
#61
In my opinion. Talking about bitcoin goes higher, my bases is about the law of demand and supply. If the supply is high the demand is low. And if the demand is low the supply is high. And talking about bitcoin goes higher it is because many people additionals goes registered everyminute or everyday. As of me my friend invited me to play bitcoin thats why im now a newbie bitcoiner player.
member
Activity: 282
Merit: 10
December 04, 2017, 04:03:30 PM
#60
Bitcoin price doesn't stop rising because it is always promoted everywhere and a lot of people descover it is a good investment so they deposit money into it. If there is going to be demand of bitcoin the price will go up because there are no reasons to fall.

Governments are not really interested in bitcoin right now and they ignore it because it is not used very often by a huge amount of people. If they would want they could apply taxes for everyone who buy and sell bitcoin but that is a complicated thing and they have more important stuffs to do.
sr. member
Activity: 1610
Merit: 264
December 04, 2017, 11:48:45 AM
#59
It is all about the law of supply and demand. There are many buyers of the Bitcoin making it in-demand then it causes a rising in the price because the supply decreases. It is just like a normal movement, because when the price gets high then the holders of Bitcoin will start to sell then investors waits for the price to decrease so they can buy even more. It is all about the demand and volatility that affects the price of Bitcoin.
full member
Activity: 210
Merit: 101
December 04, 2017, 10:58:15 AM
#58
because demand of bitcoin is higher that supply, every single day bitcoin is more popular and until now some countries accept bitcoin as a payment, that's make bitcoin enthusiasts are increasing and I think that the reason why bitcoin doesn't stop rising..

Bitcoin has some advantage like decentralized so it will not control by any goverment or anyone.So this is the reason for the gradual raise of the bitcoin price.Many of people start to inverse in bitcoin,due to increase in investors bitcoin price is raising.
full member
Activity: 700
Merit: 117
December 04, 2017, 10:28:36 AM
#57
That is because of continuously increase of demand in the market. As bitcoin become know worldwide, many people are coming just take this great opportunity in which a big chances that could ever change their life. Even though  the price of bitcoin is getting expensive but I think won't really matters for them. As they all know that they can bring it back in a few days after investing.
full member
Activity: 490
Merit: 100
December 04, 2017, 08:52:03 AM
#56
because demand of bitcoin is higher that supply, every single day bitcoin is more popular and until now some countries accept bitcoin as a payment, that's make bitcoin enthusiasts are increasing and I think that the reason why bitcoin doesn't stop rising..
full member
Activity: 154
Merit: 121
December 04, 2017, 04:12:22 AM
#55
Due to unending increase of bitcoiners, is one of the reason i see, why Bitcoin price does'nt stop increasing. Because as the demand of bitcoins increase, more people are urge to own part of Bitcoin cryptocurrency, but because of limited resources, there is no way to accomodate those needs other than increasing the price of bitcoin.
jr. member
Activity: 58
Merit: 10
December 04, 2017, 03:48:46 AM
#54
Supply and demand, probably all the people around does what the tendecys of the market are
so people keep holding and the prices keep increasing.
full member
Activity: 350
Merit: 100
December 04, 2017, 03:44:28 AM
#53
Because you don't look the chart, it stopped several times, and one day, it will stop for real and will never go up again, now the bubble is official, it would be good to start planning your exit

Never go up again ? Are you sure about that ? The price of bitcoin always find a way to goes up again, yes it will stop for sure one day but when something good happens, it will pump the bitcoin price and no one can't stop it. By looking at the bitcoin price right now, I think it will stop in the end of the year.
full member
Activity: 154
Merit: 111
December 04, 2017, 03:43:17 AM
#52
Since bitcoin is getting widely known, many people are interested to invest in bitcoin that’s why the demand on it is increasing so fast resulting to continuous rise of bitcoin price. I think nobody can stop the continuous rising of price.
full member
Activity: 392
Merit: 100
December 04, 2017, 03:41:35 AM
#51
In essence I think., bitcoin is already very widespread throughout the countries, the advantages and benefits that can be obtained from the fluctuating price is increasingly in demand by many people to invest and do various other things on the internet to earn various profits.
Well.. the world has changed now, surely more and more people are more inclined to the newer things especially in the internet world, and yes bitcoin is the main target to explore many profits.
There is no doubt anymore, because of that.. bitcoin keeps moving up on its price day by day.
member
Activity: 280
Merit: 10
December 04, 2017, 02:57:06 AM
#50
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.
One of the reason why bitcoin doesn't stop rising is because the demand is also increasing and if the supply is greater than the demand then the price will decrease. Just like in the economic subject, the supply and demand  is an economic model of price determination in a market.
here's the link to know more about supply and demand and how things happen (https://en.wikipedia.org/wiki/Supply_and_demand). Good luck. Smiley

Actually if we compare bitcoin performance with last year so every year is better that other year and this year was also much more better than last year because in this year a lot of countries have join bitcoin and in last months some big and rich countries make bitcoin legal which is a very good thing for bitcoin so its mean demand of bitcoin is going very high every day so when the demand go high then there is no doubt that the price will also high.
legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
November 30, 2017, 05:05:20 PM
#49
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.

The mad gyrations between $9,000 and $11,000 put an end to that theory.  There is no buy wall that will support Bitcoin at every level. It is better to have fluctuations like this remove any misconceptions. Otherwise, people will that it is an asset which can only go up.
hero member
Activity: 826
Merit: 1000
The All-in-One Cryptocurrency Exchange
November 30, 2017, 04:12:01 PM
#48
Because you don't look the chart, it stopped several times, and one day, it will stop for real and will never go up again, now the bubble is official, it would be good to start planning your exit
full member
Activity: 476
Merit: 100
November 30, 2017, 04:07:18 PM
#47
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.
One of the reason why bitcoin doesn't stop rising is because the demand is also increasing and if the supply is greater than the demand then the price will decrease. Just like in the economic subject, the supply and demand  is an economic model of price determination in a market.
here's the link to know more about supply and demand and how things happen (https://en.wikipedia.org/wiki/Supply_and_demand). Good luck. Smiley

Only reason behind this is that day by day its users and countries are going to increased and in coming time more countries are going to increased bitcoin so defiantly trades and investors will also be increased and when demand go high then its mean the price will go automatically and I will support all the time bitcoin to reached to the highest price and bitcoin have a good quality it change its price very fast from low to high in a short time.
hero member
Activity: 3080
Merit: 603
November 28, 2017, 08:49:15 AM
#46
That's one of the reason why the price is increasing, more people started to like bitcoin and it's making the demand higher. And the main reason for this season I guess is that CME announces bitcoin futures will happen on December so this makes people to keep on buying now.
member
Activity: 140
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Feeling Relax in Underpressure
November 28, 2017, 08:40:38 AM
#45
In this period, people in the world enthusiastic in cryptocurrency. Most altcoins comming in this period. Thatswhy main cryptocoin (BTC) price will rise continusly.
full member
Activity: 686
Merit: 146
November 28, 2017, 08:35:47 AM
#44
Because speculators not want this. And bitcoin more and more stable. Especially, we will have hard to earn BTC, prize on mining decreasing, price increasing.
The rise is price is due to the investor interest they find bitcoin more profitable than any other investment and this thing is the key factor to the rise in prices because people are investing more and more and prices are now unstoppable and the time will come when the prices will reach to the highest level and still many people who are willing to buy more bitcoins think about them when they will invest prices will rise more.

Along with that, the popularity of bitcoin has been growing more and more each day. People have been getting more curious because its price has been pretty impressive, and it's beginning to be talked about in the financial and business sectors. This tremendous price has catched the attention of business magnates and other investors.

Not to be negative, but this kind of trend of alarming price increase has brought critics to say that this is a bubble. Whether it's true or not, the bitcoin price trend has made others have these kind of thoughts and comments.
full member
Activity: 686
Merit: 146
November 28, 2017, 08:26:59 AM
#43
Because speculators not want this. And bitcoin more and more stable. Especially, we will have hard to earn BTC, prize on mining decreasing, price increasing.
The rise is price is due to the investor interest they find bitcoin more profitable than any other investment and this thing is the key factor to the rise in prices because people are investing more and more and prices are now unstoppable and the time will come when the prices will reach to the highest level and still many people who are willing to buy more bitcoins think about them when they will invest prices will rise more.

Along with that, the popularity of bitcoin has been growing more and more each day. People have been getting more curious because its price has been pretty impressive, and it's beginning to be talked about in the financial and business sectors. This tremendous price has catched the attention of business magnates and other investors.

Not to be negative, but this kind of trend of alarming price increase has brought critics to say that this is a bubble. Whether it's true or not, the bitcoin price trend has made others have these kind of thoughts and comments.
legendary
Activity: 1652
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November 28, 2017, 08:18:08 AM
#42
Bitcoin has outperformed every single asset class this year - and as a result the clients of the big investment banks are saying to them. "why didn't you advise me to get into this in January". So the bankers and hedge funds are feeling foolish and they're buying in, "just in case".
sr. member
Activity: 1914
Merit: 328
November 28, 2017, 08:05:03 AM
#41
Because speculators not want this. And bitcoin more and more stable. Especially, we will have hard to earn BTC, prize on mining decreasing, price increasing.
The rise is price is due to the investor interest they find bitcoin more profitable than any other investment and this thing is the key factor to the rise in prices because people are investing more and more and prices are now unstoppable and the time will come when the prices will reach to the highest level and still many people who are willing to buy more bitcoins think about them when they will invest prices will rise more.
member
Activity: 182
Merit: 10
November 27, 2017, 01:06:54 AM
#40
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.
One of the reason why bitcoin doesn't stop rising is because the demand is also increasing and if the supply is greater than the demand then the price will decrease. Just like in the economic subject, the supply and demand  is an economic model of price determination in a market.
here's the link to know more about supply and demand and how things happen (https://en.wikipedia.org/wiki/Supply_and_demand). Good luck. Smiley
member
Activity: 182
Merit: 10
November 27, 2017, 01:01:50 AM
#39
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.

The reason why bitcoin doesn't stop rising because some people keeps on wondering what would be the bitcoin might bring them in the future for which it will lead to their curiosity and will encourage them to try new things which is to invest in bitcoin world. The reason why some of us buy lots of it because they know that the value of it will increase in the future just like a gold.
full member
Activity: 256
Merit: 100
November 26, 2017, 11:44:51 PM
#38
The two factors affecting it are the supply and demand. If demand outstrips supply, then prices tend to rise. But if supply is greater than demand, prices will drop. The higher the demand for bitcoin, the higher values will be.
hero member
Activity: 2310
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November 26, 2017, 11:37:02 AM
#37
Bitcoin is purely a speculative asset. Here this seems to make a big change to the value based on demand to supply availability approach. Also the growth in terms of user network  happening with bitcoin around the globe is moving to much higher extent. This won't let the price fall that easily.
sr. member
Activity: 420
Merit: 259
November 26, 2017, 11:26:51 AM
#36
Because speculators not want this. And bitcoin more and more stable. Especially, we will have hard to earn BTC, prize on mining decreasing, price increasing.
sr. member
Activity: 1400
Merit: 347
November 26, 2017, 10:53:08 AM
#35
CME.

They are coming in.

legendary
Activity: 2128
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There is trouble abrewing
November 26, 2017, 10:51:27 AM
#34
because each time it rises, the media is filled with lots of news about bitcoin and they start talking about it nonstop. these days they keep comparing it with other famous assets and keep saying how bitcoin has left them all in dust and have been outperforming all of them.

all of the above means more and more investors. mostly excited to become rich over night! a little bad, i know. but what you gonna do?! that's happening.
exchanges report extreme traffic and lots of new members signing up these days too!
sr. member
Activity: 533
Merit: 251
November 26, 2017, 10:42:35 AM
#33
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
hero member
Activity: 2366
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November 26, 2017, 09:40:28 AM
#32
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.
full member
Activity: 249
Merit: 100
November 26, 2017, 08:57:43 AM
#31
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.

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.
hero member
Activity: 840
Merit: 501
November 26, 2017, 07:15:39 AM
#30
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
full member
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Bitcoin ATOM FORK 1 BTC = 1 BCA
November 26, 2017, 06:58:03 AM
#29
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
legendary
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November 26, 2017, 06:55:14 AM
#28
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.
full member
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November 26, 2017, 06:48:11 AM
#27
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.

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.
member
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November 26, 2017, 02:12:55 AM
#26
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.

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.
full member
Activity: 168
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November 26, 2017, 01:36:27 AM
#25
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.
hero member
Activity: 2716
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November 25, 2017, 11:18:09 PM
#24
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.

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.
full member
Activity: 336
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November 25, 2017, 09:09:13 PM
#23
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.
full member
Activity: 476
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November 25, 2017, 09:06:13 PM
#22
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.


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.
member
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November 25, 2017, 08:58:48 PM
#21
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.
member
Activity: 98
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November 25, 2017, 08:56:11 PM
#20
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.
newbie
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November 25, 2017, 08:49:24 PM
#19
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.
hero member
Activity: 1722
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November 25, 2017, 08:20:48 PM
#18
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.

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.
hero member
Activity: 980
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November 25, 2017, 08:17:47 PM
#17
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.
member
Activity: 359
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November 25, 2017, 08:00:31 PM
#16
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.
full member
Activity: 201
Merit: 100
November 25, 2017, 07:55:28 PM
#15
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
sr. member
Activity: 336
Merit: 250
November 25, 2017, 07:42:08 PM
#14
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.

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.

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.
legendary
Activity: 2926
Merit: 1386
November 25, 2017, 07:32:12 PM
#13
The price keeps growing because every single day new people get interested enough, by word of mouth or media coverage, to buy bitcoin.

I think we will probably get another price correction before the end of the year, it seems like the price is growing a little bit too fast and people will want to grab profits before the holidays in my opinion.

That was the traditional idea of "investment," it was measured by fiat in and fiat out. But now with Bitcoin, we may see value not moving back to fiat. It may move sideways into other crypto coins, but not back to fiat.

At least in fair part.
member
Activity: 224
Merit: 19
November 25, 2017, 07:27:18 PM
#12
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.

Yes this is true this is just the basic law of supply and demand. More people are buying bitcoin than selling it. I can see the price rise up more in the future.
hero member
Activity: 728
Merit: 500
November 25, 2017, 07:22:09 PM
#11
It can easily be answered, bitcoin will never stop going up because everybody knows the real potential that it has, governments are staing behind right now.

Just look at the facts, everytime that a bank, or just a government from a country decides to say something against bitcoin or X altcoin, the price will only go up, or maybe it tends to go down for a little but then it will recover as soon as it can.

I would never lose my faith on cryptos, and less on bitcoins, because i know that this is going to be the only useful thing that we are going to have in a few years from now.

But yes, it is only increasing because a lot of people are introducing themselves on bitcoin right now, and it would not stop just now.
member
Activity: 77
Merit: 10
Investor on the move ~ Where's the profits???
November 25, 2017, 07:20:32 PM
#10
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.

Why it wouldnt ? Daily there's more people using bitcoin, and market supply and demand make it rise.
sr. member
Activity: 1638
Merit: 300
November 25, 2017, 07:19:53 PM
#9
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.

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.
sr. member
Activity: 700
Merit: 350
Betting Championship betking.io/sports-leaderboard
November 25, 2017, 07:14:38 PM
#8
Well, whether banks and governments like it or not, bitcoin is getting more and more popular, and the demand for this cryptocurrency is increasing. We keep having more media coverage about bitcoin, it's price and marketcap is way to high be ignored, and even banks that said that BTC was a fraud, are now stepping back and will probably offer that their clients and investors are asking, and that is bitcoin.

I don't think anything really important happen, otherwise we would probably see a much larger rise in the price. This is just normal adoption in my opinion. If some big news regarding regulation or adoption happen, or the scalability problems get solved etc, then we would see a much larger movement. I actually think bitcoin is stable now, and is just taking its time to consolidate, and is preparing itself for the creation of bitcoin futures in the institutional markets.
member
Activity: 112
Merit: 10
November 25, 2017, 07:09:01 PM
#7
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.

Increase of demand through pure knowledge of bitcoin's existence to a new potential buyer is the main reason in my belief of why it rises. 
member
Activity: 303
Merit: 43
November 25, 2017, 07:06:57 PM
#6
The price keeps growing because every single day new people get interested enough, by word of mouth or media coverage, to buy bitcoin.

I think we will probably get another price correction before the end of the year, it seems like the price is growing a little bit too fast and people will want to grab profits before the holidays in my opinion.
hero member
Activity: 952
Merit: 500
November 25, 2017, 06:59:18 PM
#5
More people have now started to see it as a high return giving investment.The buy wall for bitcoin will be always higher because more countries are in a stage to legalize bitcoin and more companies even like amazon discussing to accept bitcoin payment.More people are getting aware of bitcoin's potential and they don't want to miss the golden chance anymore.More over,people have now lost their fears about hard forks that bitcoin would be replaced.So,bitcoin once again goes unstoppable.
sr. member
Activity: 602
Merit: 250
November 25, 2017, 06:56:05 PM
#4
Yeah of course, bitcoin is getting expensive because a lot of people are now investing in bitcoin because they saw that it was a gold opportunity to make some easy money.

They can just deposit money in bitcoin, wait a few weeks and now they have more than 30% profit from their initial investment, and if they keep that money in there, they are going to earn more because bitcoin is going up so fast.

A lot of people doubled, or tripled their money during this year, and that is amazing, because bitcoin is getting more adoption at the moment, and this will make it keep going up for some time until it reaches more than twenty thousand dollars.
sr. member
Activity: 392
Merit: 250
November 25, 2017, 06:51:36 PM
#3
The main reason for the price increase is the increase in demand for bitcoins as it is getting more media exposure nowadays.People all over the world have found bitcoin to be the best investment ever since it is totally free from government hands,gives very huge returns in very small span of time,totally secure and could be easily transferred all over the world.So whatever critics say,people turn a deaf ear to them and just continue to buy more bitcoins.
sr. member
Activity: 420
Merit: 251
November 25, 2017, 06:44:34 PM
#2
The simplest technically correct answer would be that the demand for Bitcoin didn't stop rising, thus the price followed suit.
There are numerous reasons as to why this is the case. Some of them being significantly increased media coverage, and a move towards fixing Bitcoin's scaling issues. Actually I think those two reasons are the most important ones for the ever rapidly increasing Bitcoin demand.
full member
Activity: 364
Merit: 130
November 25, 2017, 06:42:14 PM
#1
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.
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