Bitcoin Forum

what’s happen at 2017 make bitcoin rise up from 1000$ to 4000$???

it can be happen because of the halving,
in 2016ish Bitcoing halving reduced rewards from 25 Bitcoin/block to 12,5 Bitcoin/block.
the difficulty keep increasing and the reward decreasing that is why the price is keep surging at the moment.
other than that we also heard about segwit,
i think that is the reason the price increasing a lot,
but,it doesn't matter because Bitcoin will always steadily increasing in term of price.
there're a lot of room to grow for bitcoin and it has not yet implemented by people.
so no matter what,the price will surging from time to time.

Price surging can be possible all the time and for the past years of digital currency fluctuation is not an the basis of everything. Our holdings is very unpredictable and you didn't even know when that better price will happen. Sometimes you'll become tired of checking moment by moment due to price volatibility, but think that price previously from small value of $1000-$4000 range is an amazing record since it's now coming back to $3000 plus. No matter what will happen with the price, we already given a chance from previous days and no regrets at all and it's a better idea to just hold the funds that you have and waiting time is starting now.

Bitcoin price is always rise, simply because high demand and limited supply.
There are more business and companies have accepted bitcoin payment, such as in Japan which has legalized bitcoin.
Last month bitcoin segwit has activated. That is why could reached $5000 in this month.

There were lots of things that occur on 2017 which have affected bitcoin price and it is hard to just list them all here. In general a huge number of new investors get into crypto world because either they came to know about huge profit potential bitcoin have or they love the personal privacy bitcoin provides when making financial transactions.

We can now see a huge panic on market when price of bitcoin got dumped below $4k because most of the new investors are just selling off their bitcoin for loss just because of panic they have.

2017 bitcoin has become the No. 1 topic in the world that keeps prices going up, many know this they are buying to invest their money in bitcoin, even more so to be booming because there is a ransomware virus that hit a reputable company.

4k $ it 5 days ago you see the price is now almost 3.5k $ very pathetic is not it? it looks like crypto currency will be better known because there are already many artists participating.

this year's bitcoin trip has given a new dynamics for bitcoin development from price $ 1000 to $ 5000 and is now dropping dramatically because of an unpleasant rumor from a country with the largest bitcoin user population and even its effect is able to panic,bitcoin users in different countries.
but we believe bitcoin develops not from one country but covers many countries and although china prohibits bitcoin exchange deals that cause prices to plummet but with the presence of Japanese opening market it leads to price fixes on bitcoin and is now starting to increase albeit slowly.

2017 is history price of bitcoin because they reach high price . That very amazing because from 1000 dollars they reach 5k dollars last month . But as of now the price of bitcoin 3600 dollars it will down because many people sell their bitcoin becaude china ban bitcoin exchange thats why bitcoin decrease the price. But I hope it will increase again at 4k dollars. And I hope 5k dollars before end of this month.

Which makes bitcoin go up in 2017 I think because of the increasing demand on cryptocurrency market and then the entry of big investors in bitcoin, but bitcoin prices back down and I hope will soon recover and exceed $5000 before the end of the year.

The first thing is the halving, that makes the price of bitcoin increase so high up to $4,800 and now is the news from China that banned ICOs and also local bitcoin exchanges, it makes the price of bitcoin decrease to $3,380 last time and back to $3,567 right now. 2017 is still a good year for bitcoin though but lets see what will happen in 3 months left.

As far as i know there are plenties good news about bitcoin,

The first is halving and the other was  japanese already legalized the bitcoin in their country and it can be considered as the legal payment, Another switzerland was following it. and others good news that pumped the price of bitcoin.

your questions should be "why only $4000 after 8 years" and what happened to slow it down?!

bitcoin is a unique thing, it is the first of its kind to become this big and safe and also useful. the adoption should have already been a lot bigger than this and the investors should have bought it to at least $10,000. and actually that was the target a long time ago.
but what happened?

you think stocks such as Berkshire Hathaway which is worth $270,000 today took 8 years to reach $4000? of course not!
so why is bitcoin kept back?

at 2017 make bitcoin rise up from 1000$ to 4000$ and i think it's happen at 2017, people are get addressing with bitcoin,  bitcoin archives good reputation at 2017 and get support enough to rise up from 1000$ to 4000$.  and nowadays its getting more popular and it'll rise up a lot...

i am so sad that we chinese was left by bitcoin ,wo can not trade bitcoin anymore ,but i think i am holding the bitcoin no matter what is going to happen ,because bitcoin is future.

Bitcoin price moved towards 4000$ in a very small time frame. That too everything happened with the growth happening in multiples of 100 and so on. People were speculating to reach $2500, but the price pumping took it higher towards $4500+ value and the same started to decline in value.

We still have a few months remaining, and there are some terrible things going on around bitcoin these days. China's banning bitcoin exchanges is a perfect example of that. So maybe we should wait until December to see what will be the position of bitcoin and then maybe it'll be more fun to discuss this thing.

The price was indeed at the highest rates in the position of 4500 $ and now has decreased. But the price is very difficult to predict so the current price often change very easily. So no one can predict the exact price of bitcoin. Everything can happen because bitcoin is a digital currency that has very high fluctuations.

Everything is possible,it may decrease more or increase beyong $4500 again, its still in development process so there are more things to consider as it develops.

Its price in growing up due to high demand and limited supply. Most of Companies and workers start accepting bitcoins as payments including hotels and restaurants.  2017 breaks the record of past years and this year we saw the all time high price of bitcoin. Still this year is not over and we can see a lot more surprises for bitcoin.

Ya true. Everything is possible in bitcoin. Many Holding people got happy by seeing the value of 4100$ itself. In past one week it's very hard to see this price. Even not more than a value of 4000$.Its due to China also.But now it's reverse. Many changes you can see in bitcoin.

but the current growth of bitcoin above 4000 dollars is a very good indicator and I think that this trend will continue. While the growth trajectory has dropped a lot, but I think that it will not be very long for a while.

The trend continued to rise due to prophecies made by many investors who held long with their coins as well as waited and didn't move their coins in the markets. China was the one who influenced a lot initially after which many countries like USA, Russia (started mining Bitcoins), Japan (opened more than 300k stores which accept Bitcoins), India (planning to regulate it), Canada and others decided to join hands and this gave Bitcoins a great boost. Think that when something is unknown, it doesn't get much attention and only gets hatred but when it comes out hard (the way Bitcoins did), then it rocks. User base from all over the world got increased as well as the number of transactions too which are the most important factor why we are seeing Bitcoins here.

Good.Today the price of bitcoin is greater than the value of 4000$.I am waiting from two weeks to see this full moon. Even many may afraid by seeing that. But I was very stable to see so.From the value reduced. I am holding for long. I was very hard to do my daily needs without bitcoin. But now it's very simple with price rise.