Bitcoin Forum

I think the August fork has an influence on the current price of btc. Before the fork, the price was somehow OK and now I can't even buy a considerable amount with my $10.
I guess people are dumping their BCC for BTC which should be the cause of the rise in price. I am planning to buy some bitcoins now but I'm thinking the price will go down a little when people start sell their BCC profits( l mean profit they've earned after dumping their BCC). What do you think, am I wrong or right?

The best time to have bought BTC was before 1st August when it dipped to 1900$, the dump of BCC has already happened when it hit 0.472939 now it has settled, the next entry point for BTC is in November when the next fork is scheduled for, for now BTC will keep rising because the whales are trying to set new support for it 

The rule of thumb is to always buy in the dips, obviously its easier said than done. i think fomo might be kicking but the basis of btc is solid and thats why the price is rising..

The price is increasing because the price is increasing.
Nobody is selling anymore, while more and more people are attracted to bitcoin.
Some call it a bubble, some natural growth.
What exactly we are dealing with right now, only time will tell.

Yeah there isn't probably not just one reason why Bitcoin is moving up. It's likely a good handful of factors.
What is way more exciting is that we are holding the $4000 pretty good so far. We went up to 4100+ and now are sliding the 4k and again see some slight uwards movement.
Will be interesting to watch if we go south a bit, maybe a dip of a few hundred dollars, or if there is enough steam to continue moving upwards. Right now it looks like people don't want to get rid off their coins for USD,€, CNY etc.
This phenomenon of hodling BTC will increase even more with the coming years as we see it already happening.

It's not just people dumping BCC alone. Because BCC has actually been increasing alongside with the bitcoin price increase over the past few days(trend stopped today i think though since BCC hasn't gone up today).

I believe that it's a combination of people's optimism because they hear that Segwit is going to get activated very soon and they anticipate a pump, and therefore a lot of people are buying in; but also just pure speculation. People just buy in because they think that price is just going to keep going up(unlikely).

I would expect some adjustment soon, though. That would present a great opportunity to buy in.

bitcoin price incraese because in segwit without problem
although split , bitcoin still without problem, duration sending is fast time and sending fee is reduce

The current price increase seems to be a result of the interest from Japanese institutional investors. We need to remember that it is not easy for the institutional investors to purchase Bitcoins. It is not available in the stock markets and therefore the investors need to purchase BTC from the less reliable crypto-exchanges, which can present new legal challenges for them.

I think that in past bitcoin was just a buble.
But now enother cryptomoney are bubles.
And now bitcoin is not buble because it is the instrument тo inflate another bubles.

Paradox but it works.

Starting from the days after the panicking August 1st the price keeps increasing to reach a new ATH. The price increase with bitcoin is getting stability and this might move towards $5000 in a short as more people are getting into bitcoin as well the price has crossed $4200.

because everybody gonna buy the more bitcoin and not want to sell bitcoin, And the already supported by the limited suppl;y of bitcoin itself, but the more people just consider the bitcoin as investment rather than the daily payment.

people buy bitcoin but there are only few people which selling bitcoin, this mean the demand is more bigger than supply and its make unstable balance of bitcoin in the market. new people maybe not know about this but if it is happen in the market, then it is all about supply and demand. if one of this factor is not equal with the other then the price will be change, up and down, depend on which side is affect.

Yeah, the current price is result correction price in last week of July. After create support line around range $2,500 - $2,700, Bitcoin has prove it is the King and not have any altcoin can replace it ;)

And yet, I believe that today is not the best way and the time to buy Bitcoin. As happens almost every year, behind active growth, there always follows the same active decline in the price of the crypto currency. Therefore, in the beginning of autumn, I will still expect a fall. And already then I will buy Bitcoin, because by the end of the year I really expect a huge increase of k5000 dollors for Bitcoin.

I think its because of increase in traders confident over bitcoin, there was fear of two bitcoins before august but now it has been cleared that bitcoin cash will remain as minority chain while bitcoin will remain as king of crypto like always.

Many new investors are now buying bitcoin because of high hope of large returns so we might see some correction before price jumps over $5000.

I do not understand anything, do you want the price to increase or do you want the price to fall?

About your idea of the reason for the price increase, I want to add that:

people want bitcoin, this increase the price, already has japan, south korea and many Countries will follow the same path in the future

What about the next hardfork of bticoin to implement segwit 2x? That bring s the current hype for bitcoin. But remember the bitcoin cash was nothing right now, the price always get plunged and the more people just want to get the free bucks from sell the bticoin cash. BCC doesn't have the future.

He wants Bitcoin cheaper so he can buy more. Isn't that obvious?  ::)

I actually feel the same, and am sad that the price is rising crazy while I don't have more money to buy.

There is actually a chance that Core is not following the 2mb blocks part of the agreement, which may lead Bitcoin to a third chain split, where we will have Bitcoin Cash, Core/Segwit Bitcoin and Segwit2x Bitcoin.

This may cause a crash/pump of the same proportion (or even bigger) to Bitcoin's price as we had recently with Bitcoin losing 40% of its value before reaching ATH.

Future BCC depends from people with money, not from analitics. Chines promote it and i think it is tme most underrated cryptocurrency now.

Because now people are still keeping it, not too many people want to sell the current bitcoin even though it's at a very high value. Meanwhile, the needs of people continue to increase. So, bitcoin still does not go down.

Because bitcoin is heading for $5000, maybe that's why not so many people are going to sell bitcoin now despite its very high price. I also still hold the bitcoin and it looks like I'll sell it at $4500.

Bitcoin keeps increasing because the demand is high and users still holding their btc. And it will continue be high and let's hold is a good decision for now.

I was also shock with the price of BTC as of now If only I save my 0.01 BTC it will be a good money with my daily expenses, however a lot of merchants is sucks in my country which made my BTC spend in things that I didn't really need.

One of major reasons is that since now few countries have legalized it and some are in process to make this as legal tender due to which the demand have being rising and as a result price is rising continuously. Also now people are not spending btc instead they are storing it due to which demand is high and supply is low. Thus is economics cause the price of bitcoin and other cypto currency to keep on increasing.

yes the bitcoin price pumping pumping the value almost everyday the price increasing  i think bitcoin increasing effects of the issues about the split decision last month in now the the power of bitcoin strongest in the decentralized crypto currency is on the way and i think contnue increasing the value of bitcoin and reach the amount upto 5000$ before the end of this year.

I do not think that they dumped their bonus BCC/BCH already nor being the reason about the recent price increase. If you can see, BCH's price is almost 300 USD as of now which is somewhat high to be considered as dumped. I think that the reason for this increase is due to the massive ICOs happening simultaneously.

I do not like this situation with the Bitcoin counterpart. It seems to me that in the near future users will suffer very much because of this. Despite the fact that They have long been rising prices was very stable, But today we are already seeing a fall.

1) http://money.cnn.com/2017/08/14/technology/bitcoin-price-rise-reasons/index.html?iid=ob_homepage_tech_pool
2) Rising difficulty
3) Limited overall supply and halving coming around every few years
4) More adoption
5) Easy way to double your money
6) List goes on.....

What you say is true, in the beginning of August we would all predict there will be a decline in bitcoin prices. But in fact the price of bitcoin actually increased very high. This is all out of the question, everyone has been wrong in estimating bitcoin prices. The forking process in early August has transformed people's views of bitcoin.

Actually in this year have many changes about scenario on market normally. Summer not good time for buying, because in this time most trader will take profit and go travel for enjoy their holiday.

Btc keeps increasing because the demand of btc is growing higher. After 1st Aug max of Btc holders dump the BCC and brought the BTC so the demand of BTC increased higher in the market.

I think that you have missed the golden chance of buying bitcoins at $1850 before hard fork.If you had bought it at that time,now you need not have to regret.But now,its $4000 and bitcoin is expected to continue in bullish trend.More over,we have a chance of heavy price increase after november when segwit gets completely locked in.So,it would be better if you buy it now itself.

due to high demand bitcoin price keeps increasing and also because the whales and traders keeping their coin from them but once they decidedto sell it out there will be a big dump it's depends on the demand of bitcoin more demand more increase but once the demand goes to slow. bitcoin price will likely to slowly fall to.

That is the reason behind the increasing price of bitcoin and we are pretty excited with the price of bitcoin that hits $4000 mark value, and we can not wait for another wave of increase after seeing the price reach this kind of floor, but I guess after the Second Hard Fork  we will see that the price will reach the $5000 value mark because it will surely get another dip or another drop because of most people that will have a panic selling over bitcoin so we better be prepare for another rough time ahead of us.

Many people worry when bitcoin undergoes division on August 1. However, after that, bitcoin is always appreciated and used, so its value has continued to go up. At present, the value of bitcoin is still very stable.

BTC increased so high a few days ag oand dump to $3900
after that those digits stays at 3900-4100 i think for almost 60hours now...
as the BTC dump i also noticed that the BCC pump and it  goes 200%

ihoe this swill not continue as i invested my savings on BTC

Because the price increased so fast, I would assume that we had some serious investments from some mainstream investors, or maybe even governments or banks, or just strong financial entities in general. I would assume that they know more than we do - maybe miners aren't going to keep their word in November about 2x fork, so there will be no reason to panic. Maybe we'll have more bullish news soon - Lightning Network, more legalization by major governments, etc. Remember, it's "buy the rumors, sell the news", so we can only guess what is the reason for current bull run.

Those rumors will never be proved by anyone. There is too much speculation about bitcoin price saying that very famous businessman invested a huge sum of money in bitcoin. I don't trust these rumors. And I also cannot say the market will be bullish after all. It went up enough. It cannot reach $10,000 this year obviously.

There are many reason why the price is increasing and the main thing why the price is increasing its because bitcoin is in demand that is why the price of bitcoin is increase look at the google trends more people right now are searching with bitcoin that i think they are also investing in bitcoin just to wait that they can make a good profit..  there are times that there are more traders are investing more bitcoin to make more profit, that is why the price of bitcoin keeps increasing..

yes that is right that there are a lot of reason which are causing the increase in the price of bitcoin. but i think that the main reason is that the demand of bitcoin is increasing because of the profit that people are expecting from bitcoin. to me i think that the demand of bitcoin will continue increasing for  a long time and the price of bitcoin is expected to cross 10000$ in future.

The price of bitcoin as of now is decreasing so its better if you have extra money you can buy more bitcoin and for sure after few months of holding you can earn a lot of profit. And for sure even the bitcoin price decrease it will bak again to the current price and it will increase more. And bitcoin price will continue to increase again . More bitcoin that you have more money to come and you will be happy because you see your money increase.