Bitcoin Forum

I really wonder that see the price of bitcoin price . now price of bitcoin 9038 usd .
can any one explain why this pump??
someone told that bitcoin hard fork is coming that's why this price pump .

Bitcoin forks are always going to inflate the price a little bit more than usual we have saw this in the previous forks. But the previous forks have sort of made Bitcoin stable too. It's the only thing I can put it down to because there hasn't been anything else which has been noteworthy to cause this uprising.

There's no upcoming Bitcoin fork that is of any significance to affect things such as price.
This pump is simply attributed to the increasing Bitcoin demand due to media exposure. A higher price brings even more exposure as well. It could be a circle.
Forks don't play an important role in Bitcoin's price at all.

I think most of the interest come from commercial bank and the idea of derivates in stock exchanges.
this will move btc from an environment of nerd, and spread the novel also to potential <all> investors.
what huge move  ;D

True


That's not true. Once a fork is upcoming, Bitcoin's price might either rise or fall, depending on the Fork. If people think the forked coin will be worth a lot, it might cause a temporary pump, as everyone wants a 1 + 1 for free bonus on their BTC Investment.


More people get to know about Bitcoin, so more people invest in it. Long-Term investors put more into BTC and that causes great rises.
Anyways, it's not because of an upcoming hard fork. That's just not true.

Regards,
Trump

I can not believe that bitcoin can pump so horribly,
I sold my bitcoin at $ 8000 and am waiting for a chance to buy them

It's called insanity and it will most likely continue until Proof of Work's (PoW) electrical demand turns the world into a global oven scorching the planet and turning major cities into dust.

It will keep going up for a while until the price touches $10000, it will happen before the end of the year and we all know that it will really happen.

There is no reason at all, but tell me one thing, are you worried about the price? or you just dont like to see it going up? I am glad that it touched 9000, and there are a lot of memes about the price, lmao.
Just keep calm mate, i guess that you are earning money from this pump, and we all are on the same situation that you are now.

There was a possibility of the fork and hence we experienced initial boost when the price was down but as of now, I don't understand the exact reasons for pumping from the Bitcoin price from institutional investors and other big whales. I am in the process of discussion with some trader friends and even they are unaware of the reasons causing this price rally. However, I am expecting a correction and price won't cross $10K level for the term more than a month.

I think Thanksgiving played a huge part. Seriously. People who hadn't seen their relatives for a long time got together at the dinner table, and inevitably, if one of the family members was into bitcoin, the discussion eventually moved in that direction. People got interested in bitcoin, wanted in, which led to an increase in demand and therefore the price. Even if it might not be entirely responsible for the surge alone, I'm fairly convinced that Thanksgiving dinners were very important.

This is one of a reason that I haven't thought of at all and cant imagine how this would really play out and immediately someone discussed it in the family, the others just went all in, in a matter of days without even trying to understand what bitcoin is really about.

The reason for this is not what I feel matters because we can't really do anything about it but what we can all make out of it is what matters. A lot of things will happen, we all want a reason but truth be told even the reasons we give ourselves, are just mere speculations which is not even close to the real truth.

Honestly, this never crossed my mind but I think you are right. I think Thanksgiving and Christmas this year are going to contribute massively to Bitcoin value increasing. However, with that said then most likely in January we will see a huge crash. Think about it... a bunch of people all over the world will get BTC for their presents and then want to sell them to get money because they don't care about it and just want to buy stuff with it, and this big worldwide global dump is going to crash the markets.

the thanksgiving table could not change bitcoin a lot, maybe those families who were talking about bitcoin did not even invested more than $10k in bitcoins. Do you really think that they all invested more than 30 billion dollars just because a crazy guy said that they MUST invest?

it just makes no sense, there has been a much more important fact of why bitcoin has suddenly rised between yesterday and today.

And i heard that the main purpose of this pump was because Korea was involved with bitcoin, and i dont know why they agreed to buy tons of bitcoins, maybe this is the real purpose of why it increased a lot.

I think something bad will happen soon , at end of november or start of december . Its really cool that bitcoin rise in value , but this one is just too fast . If i had spare money i would short it close to 10k . Its just my opinion , but something dosnt seem right , look at that Graph . I think its just manipulation at the moment , because what i can see around me is only everybody thinking about buying and buying . But when big boys will start sell and there will be no buyers , panic will happen :)

At first I thought that this pump is due to the upcoming hard fork now it is said that it has been cancelled, I am not sure about that, still price is increasing, this fork may cause a little impact on price but no idea about the strong reason behind, still searching on.

I really can't understand why. I don't know in your countries but in mine, mainstream media is consistently bashing bitcoin the last two months... how is bitcoin media coverage in your countries?

There is no significant hard fork coming and people now don't expect hard forks as they have realized that they are useless.CME has entered the bitcoin market and CBOE is also going to enter.That's why,the high increase in price.Also,nowadays bitcoin is getting heavy media exposure which makes it familiar to broader population.So,greater the demand,higher its price.

Is simple by people buying and buying and buying next dump will take bitcoin price to decrease. Wait for it.

Pump is increasing the value of a coin by manipulating the price by some big money holders

What bitcoin fork you are talking about? One of the factor that I can see why bitcoin is pumping like this way first there are people / whales decided to buy when it was at dip and just did a massive buys and that affected the demand resulting price increase.

Also if you will watch popular news media on television like cnbc and as well as bbc. The FUD that financial experts spread helped bitcoin to pumped too.

They just give bitcoin a free advertisement and that's why the awareness about bitcoin has been raised.

Better be prepared for this >.<

There is no hard fork coming. I think what will probably come is a soft fork which is Bitcoin Silver. I am now waiting for some more updates on this since the news that first came out were at best fuzzy and vague. But I think more than the fork coming, the top reason why Bitcoin is seriously pumping in the past weeks is that the demand has really risen to an All Time High. There is no other to take for Bitcoin but really up since the coin is very limited and the demand is increasing every day.

Maybe fomo for the 10k mark! but I'm personally expecting a big dip at any point before 2018

Since bitcoin have guaranteed its client consequently it's expanding however the primary concern is that request and supply. On the off chance that the supply goes not as much as the request will increment. So it will be the day that that 0.0001BTC will be equivalent to 10,000$. This equation is given in management book. In the event that you at any point attempted to examine. Since it's about supply. I will propose you financial matters book you will learn better.

Hard fork is coming, and yes, it has a big role, but some otger times, the price of btc is so slow due to that fork, but tobe honest this is totally due to the people who reaklly believe in bitcoin and continue investing their money, so I guess akk need now is to invest more, hold for more and wait untill it raches 10 000 $

Why? I mean it's just a feeling or do you have some clues that makes you feel like that (I think the same but just because it is breaking ATH too quickly)

Yes, many people are enthusiastic about hardfork. So they do not want the chance to get a free Airdrop from the hardfork, which surely makes Bitcoin holders more than usual. That causes Bitcoin prices to rise and rise. It's steady.

Correction might really happen after it hit the price of $10k but this is a great opportunity to buy more bitcoin because bitcoin heading up to the moon. Pump and dump is really normal nowadays and if you are really good you can make money through volatility.

Well, other cryptocurrencies have been rising steadily this last days. Bitcoin has not been the only one. It seems to be generalized in the market at the moment. I wouldn't attribute it to any of the upcoming shit-forks happening.

I don't understand why this price increase is so huge already. I thought correction will happen after the 7000 usd. But futures on CME will come soon. And it can bring a lot of volatility for bitcoin price. I don't know anyone who buys bitcoin right now.

I do not think it is a pump as much as new money coming in from big and small players alike. You need to keep in mind there can only ever be 21 million bitcoin, and some of those are already lost forever, locked up in wallets with lost keys, and some will need to be mined yet over the next couple of decades. So you have a situation with only ~16 million coins being available, with many of those in cold storage for the long term and places like Coinbase signing up 100,000 new users a month. While they all won't be buying one whole bitcoin, you can see where even if you want one the supply is fairly fixed and the demand is continuing to increase.

It was one thing 3-4 years ago when maybe 100,000 people in total were competing for those coins, but now conservative estimates show that there are more people involved in cryptocurrency than there are bitcoin in existence. Granted, not all of them can afford to buy 1 whole bitcoin, but in the next year or two more and more people will be coming into this space and the supply of cheap bitcoin will continue to go down, meaning the price needs to go up.

So while we will most certainly continue to have ups and downs, I do not think the predictions of a big crash back to $2,000, $3,000 or even $5,000 are very realistic. Even if this did happen you can be sure big investors would be waiting to buy up as many as they could, meaning the price would shoot up and they would then be more than happy to sell you your bitcoin back at 10X the price you sold it at to them.

I believe on this, bitcoin always dump after it hits the peak but of course bounces back even more stronger, I don't see any problem on this but an opportunity instead. Pumping right now might be the demand for bitcoin that continue to rise.

Well yes the bitcoin fork increases the price of bitcoin the rate the market goes up but I heard that there is no hard fork for bitcoin and the pump is happening because of the high demand, we may see around 10k$ with the end of this year.

Well, it's because there are now many big players are joined Bitcoin. I've heard that many big personalities are already invested on Bitcoin. Recently, JP Morgan admitted that they can't beat Bitcoin. Countries like Iran already welcomes cryptocurrency to their territory. The massive adoption of Bitcoin causing a huge leap at the price. Expect that it will pump even more because some Foreign exchanges and banks are joining Bitcoin. I think Bitcoin will hit $10k. In addition for this, is the hardfork. So many people are just holding Bitcoin to obtain some hardfork coins. It fuels up the pump and it will continue to record all time highs.

End of this year? We will see 10k now in november! It is 9.600$ at bitfinex now. Maybe 10k tomorrow!  ;D

It has nothing to do with Thanksgiving or the Christmas holidays. I'm surprised that people on this forum aren't better informed. The recent hard forks happened, or got cancelled, so nothing to do with them right now. It does however have everything to do with CME launching the first bitcoin futures service, which The Man Group ($100 billion hedge fund) and JP Morgan have said the'll be using. Do a little research and read the crypto new sites. It's well documented, with a $10K+ BTC expected as a consequence. Start with https://www.cryptocoinsnews.com/ (https://www.cryptocoinsnews.com/) you'll find everything you need to know there.

itll happen long before then, we've got a bit over a month before the year is over, and bitcoin was just over 9000 yesterday when i took a look. taking a quick peek at it now, seems its come up to 9500 pretty much overnight. havent really kept up with the news on bitcoin over the past few days, but whatever is going on, it's raising the demand for bitcoin in the entire market quite substantially, enough for what is essentially a ~5% increase overnight, which is insane. that being said, it doesn't necessarily imply a bubble resulting from the price spike, it could actually just be organic growth we're seeing. wouldn't surprise me with all that's been happening in the last few months.

Here...I'll make it easy for everyone...have a quick read of these two articles and you'll understand what is happening to the market.

https://www.cryptocoinsnews.com/with-cmes-december-10-exchange-launch-can-bitcoin-price-hit-10000-by-2017/ (https://www.cryptocoinsnews.com/with-cmes-december-10-exchange-launch-can-bitcoin-price-hit-10000-by-2017/)

https://www.cryptocoinsnews.com/100-billion-hedge-fund-man-group-plans-to-add-bitcoin-to-investment-universe/ (https://www.cryptocoinsnews.com/100-billion-hedge-fund-man-group-plans-to-add-bitcoin-to-investment-universe/)

I don't think investors will give an attention to the upcoming Bitcoin Diamond fork, just look what happened to the possible-scam Bitcoin Gold that already advertise a fraudulent wallet on their website and now facing an issue. I don' think the pump is all about the Fork, look at the CME Bitcoin Futures who made Bitcoin mainstream ( well in business field of course ) that attract many investors to invest on Bitcoin and you can see it pumping real hard. We can see a large change if the movement will not stop, $10K is possible within this week, we will see a lot of change after the implementation of CME's Bitcoin Futures, a big dump and dip might happen.

Forks or with no forks let us enjoy the price pump and hope that it is not just made by those forks. This price pumps may be caused by the statements that was released by known people (JP Morgan, South Korea's adaption, Japan) and other positive things that was released for bitcoin in the past week.

Since bitcoin is used worldwide, not literally as a mode of payment by every store but sometimes a an alternative banking system, then it's hard for us to tell which influences the prices specifically.
In a day we do not know how many are encouraged to invest or who leave because of uncertainty. That is why the volality of prices are very hard to predict. Every movement may be caused by different things and happenings. Yet we need to put it all together and stop thinking negative thoughts about it. Most likely, we are the one causing FUD around. The predictions about high prices fills in the market and lets just hodl.

since bitcoin is used worldwide , and more investor interesting to buy the coin that why the coin is pump bcos the price is pumping 

Growing fame of bitcoin, i think, is the cause of this pump. Potential investors and investors are increasing and so is the demand that is why prices is pumping.

bitcoin raise/pump because of its international demand and no forks has influence on its bitcoin price hike, the demand of bitcoin all over the world is so high because some of social medias are advertising/introduce this bitcoin and it may cause of more exposure to the people to meet our bitcoin. and the supply of bitcoin is too low to provide all the demand so thats the reasons why bitcoin price always goes to pump.

There is an overall optimism felt over the Bitcoin market right now because sooner or later hot money from many fund managers can be coming into it and we are anticipating for the official start of the Bitcoin Futures by CME which by itself if successful can open up many new avenues for people to get into the Bitcoin club. There are no solid bad news on the horizon and the feeling for next year is quite good. These sentiments are reflected right now in Bitcoin. As always, this bull run is making some wary for the possible bubble burst. Do you believe that it is possible for Bitcoin to have a mega crash within this year?

I am wondering if there will be a correction before moving further up?

There is no any economical & technical development in Bitcoin to pump it's value. This is only due to heavy demand because of fork and traders are getting benefit of difference in demand and supply.

its simple, because we are still in innovator phase. we are about to earn the early adoptor phase! and then 2019 bitcoin price is gonna really explode

Bitcoin is unstoppable , the massive adoption from public and so so so many industrial money coming in like JP Morgan , Square , CME etc and Japan government obviously

Wow it's really amazing. Is there any possibilities that bitcoin will bit approximately $10,000 before this year ends? Whatta great investment. I think it will make some pumps because of the coming for and you are right. I heard it also to some investors.

Even without a fork, the price of Bitcoin is like a rollercoaster that makes it a risky investment. Pump and dump are quite a natural thing... it happens even in Forex, binary option, and other tradings.

There are a lot of reasons that might have influenced the value of bitcoin to pump like its pumping currently, some of the factors might include endless bitcoin hard forks, one other major factor might be the fact that a lot of countries are now using bitcoin,  its getting more popular and mostly used in most countries which is driving the demand up. We should expect $10 000 by the end of this week and $15 000 by the end of this year, bitcon grows like no other cryptocurrency.

the answer is very simple, the cause of Pump is the level of demand or high purchase in the Market ...

Bitcoin hardfork don't make bitcoin prices higher, but the people who want to buy Bitcoin is the one of reason. When bitcoin has been split (hardfork) on August 2017, people who held bitcoin at the time will get free money within BCH coins. Now people has learn from that experience and they want to get free money too, so they scramble to buy bitcoin before the hardfork and I think that's the reason.

I dont believe that bitcoins rise this recent days will be attributed to fork.
First of all because i havent heard of any upcoming fork yet.
Then it is not only bitcoins value is rising.  But altcoins as well. Therefore i believed this is because of the new investors/users coming to put some money in cryptocurrency.  We may now be coming near to the day wherein cryptocurrency will be widely accepted already worldwide.

I am not sure if this is going to have any affect at all, because some people are saying that these futures are not going to be investments into actual bitcoins, so these companies are not going to stock up on bitcoins for this.

The hedge fund would make some sense, but that will only have an affect, once this has been approved. They will not be buying, before the approval was granted.

I think Black Friday might have had some influence too. < People buying more coins to fund their bitcoin purchases >

The news right now is that the CME, Group will be adding bitcoin futures to their exchange.  The Chicago Mercantile Exchange is the largest commodities exchange in the world.  So here comes Wall St Money.  I hear people talk about BTC at 10K by the end of the year.  That is foolish in my opinion.  Once that big money starts to come in, who will be selling? Nobody. I wouldn't be surprised to see $20-30K by January 1.  That of course is only an opinion.  I have no mathematical formula to back that up.

I'll be watching closely on the 10th though, that is for sure.

A threat to bounty hunter, by 2018 there will be no ICO.
Investors will not be interested in ICO.
this is only conjecture, but we must prepare plan B.

Here, fixed it for you.  2017 has been a great year for the tech geeks and bitcoin enthusiasts, their positiveness was spot on track, and it did result wonderfully. There have been way too many pumps, knowing the reason accurately is getting harder by the day. This current pump is for promoting and popularity motive, so that people can know bitcoin has crossed 10,000$. P.S wasn't bitcoin going to be listed by the CME group by 20th November? This can be a big reason for the pump too.

I don't think bitcoin hard forks play any role in the current rise in the price of bitcoin due to the fact that bitcoin is becoming more accepted in the society as a secondary currency and again bitcoin has gain more popularity in the market and more commercial institutions like banks are now taking advantage of the volatility of bitcoin. This are the reasons for this recent pump in price. And it going to continue rising till God knows when.

There is no chance of the price going high due to hardfork. The price now is 9652 USD. It is the natural growth of bitcoin price. Many people nowadays prefer to convert their fiat to bitcoin because the fiat value goes down due to inflation and price of bitcoin keeps on going high. Therefore, the price of bitcoin is going high.

I will also consider it as a natural growth. Still there some reason which are causing the price of bitcoin. Bitcoin is now becoming popular through out the world, people now started taking interest in bitcoin and they are therefore trying to invest money there and which is causing the increasing in the price of bitcoin. i am sure that this increase will continue for a long time.

Is the cause of this plump potential investor and investors are so increasing and so is demand that is why prices is pumping

The world biggest currency exchange called CME Group, announced launching bitcoin trading by the end of the year.
Lots of people from "Wall Street" and self made billionaires are now putting their money into bitcoin because they want to trade bitcoin on CME when bitcoin trading is launched on the platform.  

Because many more people are seeing how much people can gain on bitcoin. Also bitcoin is trending and spreading all over the news today if you could see many more people are the significant price increase of bitcoin in our world today. They are like "wow we can really gain or have a returned on our investment in bitcoin."

The only answer that I can think of is that in the Law of Demand had exceeded the Law of Supply. Lot of people might have invested a lot in bitcoin when it was at a lower price and thus, the result. Since there is a higher demand for bitcoin, the price will continue to ho higher, hence, more people will be attracted to buy. However, once the bitcoin holders reach their limit and start cashing out, bitcoin's price will eventually dropped, allowing the supply to flow back into the market to balance everything once again.

I think the market is to big for this kind of manipulation.
The price is rising due to the fact that BTC is a lot in the news and FOMO is kicking in.
Next to that, the big investment company' are joining the Cryptoworld.

This is mainly because the cost of bitcoin increases in fork. There are many events that can go up and it may increase.

Bitcoin is rising high because of people are holding their bitcoin..if people hold their bitcoin, the demand is getting higher in which the price of bitcpon will rise too. And also through social.media.bitcoin became popular that people were taking about this huge thing. So it helps people invest and hold.

I believe that small portion of the total outstanding bitcoins in circulation, this brings the market is not deep enough and small jumps in expectations or perceptions of people possible to effect the prices

everybody is asking why, what is the reason or etc. so many question I just want to make a money here

Get used to it since people do almost ask on everyday even on the simpliest questions as long they would able to tell or ask something into the public. Bitcoins price do pump because theres a demand. Period. No questions asked. There are some fundamentals which do mainly affect the price but for now i dont see its because on the fork but i do see because of holiday season  just like what happen on previous year specially on this month and on December.Usually bitcoins price do tend to rise up.Expect price corrections on next year on january or on next possible months.

Probably because of bitcoin in the CME is really near. Big investors are coming and peoples are trying to buy btc at the cheap price before that huge event.

We are all looking at a super hype that every day is pumping more and more.
Personally I was waiting for a dip to buy more bitcoins but now I think that bitcoin will grow even more...
All the world is waiting to enter in the market, a market that was very little until now, supported only by few geeks ... ;D!!!!!
But with tokens, ethereum, altcoins and of course thanks to FOMO and to www.cmegroup.com/media-room/press-releases/2017/10/31/cme_group_announceslaunchofbitcoinfutures.html (http://www.cmegroup.com/media-room/press-releases/2017/10/31/cme_group_announceslaunchofbitcoinfutures.html) this is going to explode!
The pity is that bitcoins is not gonna be very affordable for me and only great enterprises and institutions or asset managements are going to buy bitcoin from now to [...]

Hope I am wrong ;)

Well i think that this increase in bitcoins has caused due to increase in demand of bitcoins in the crypto market as there is no fork or event up coming so increase in demand is probably the best answer.This pump shows that bitcoin is getting famous and many people are investing in bitcoins in hopes of good returns.

More people ask this because its a huge profit, once this price will still continue then much better to buy now then make huge profit in future, but I bet buying btc now is risky because of its high price. And yes this increase is due to demand.

Capitalisation is growing, it has already reached $ 300 billion, this means that people derive a Fiat to cryptocurrency and where to put it if not in bitcoin? From there growth. Soon the violas up going, too!

Many of us does wondering what is happening to it and it’s factor affecting the bitcoin price huge increases.. We can’t find one reason out of it because it’s a accumulation of many possible scenarios from additional users, investors and mainstream adaptation.. But we can observe some good news continues regarding businesses adaptation from fiat to feature cryptocurrency as an option..

I was talk about bitcoin at 10K and also predicting bitcoin to hit 10k before the end of this year 2017.  I think the prediction is for this month. Now if bitcoin hit 10k, who will be welling to selling? we would not be surprised to see beyond 15k per bitcoin before the first day of January 2018.

I am more and more wondering why the price rises so much in bitcoin, so the figure of 9040 is coming very soon, but why is it that I'm new I do not understand it the best. I believe that the figure next year will be 10000 if not more? :-\

Big money attract big number of people. We can't say how much rich people invested in crypto their money to become even richer, but I think it's like 50%, cause of such people usually can see all perspectives to rise their wealth.
I am also wondering what was the reason f the pump, from the previous comments I have found just an ideas, but not facts. Maybe news from South Korea, that's my suppose :)

Crypto currency is an advanced technology and will develop rapidly in the future, replacing in many respects the usual money in payments and replacing them. However, the current source bitcoin is greatly inflated in price due to its popularity. Rapid growth in its price and the opportunity to earn up to 1000 percent per annum, as in this year, generates a direct rush demand, which in itself again leads to an increase in its value. This happens in a circle many times, which is called an artificial increase in value, that is, its price is pumped up. One type of crypto currency can not be so different in price compared to others, having only slight differences, even if it is bitkoyn, which was the first crypto currency.

No doubt that after the fork in the bitcoin is results into the big pump in the bitcoin price , During the first fork in this year we seen that everyone got bitcoin cash ( BCC ) , so for the next fork people get ready fully and bought more and more bitcoin to get free bitcoin gold . These two things increases the price of the bitcoin much , As after this another fork are also coming in the mid of the Feburary so people are also ready to get new another coins free so they are making buy more and more bitcoin .
With these increase in the price people are getting attracted toward the bitcoin much and so they are making investment more and more in the bitcoin and that results into increase in the price more and more and I think like the 10× increase per year next year the price of the bitcoin will be $100k/btc.

CME exchange group is about to launch bitcoin trading on their platform that why we are seeing the very huge price increase.

Hopefully that hardfork takes place because if not, we may be expecting a big dip. And if that fork gets through, well btc may very well surge well beyond 10k and closer to 11k before the end of the year. The more reason why btc will become more well known

Now the price of bitcoin is over $10,000.
Actually the forks are not a main reason to grow the bitcoin price. According to me the main reason is the demand.

there's a lots of new big investors who also invested with bitcoin and that's the reason why the value still pumping so hard, the more  investor the more valuable it can go, its a nice investment and we all knew that business minded person always look for such kind of investment better to ride and enjoy.

Bitcoin is a worthy asset and can go pass more than few thousand bucks in 2018 too. Many people think this is unnatural rise but for many people its quite natural.

I'm betting the bitcoin investment is going to be high, people are expecting bitcoin to reach milestones of about $ 10,000.
I think it will increase further and hit $ 20000 :( :( :(

basically there is blockchain tech forum in Silicon valley thats why it's pumping 

which one?

Segwit getting cancelled did show in the price, as it shows that Bitcoin can overcome, and other forks don't really effect the price of bitcoin. I think the reason It's increasing is a snowball effect people see it rise and buy in. Also usually the reason it would go down is bad news and no bad news recently.  ;D

I got question about Forks .

Lets say bitcoin have 174 313 735 320 MarketCap then fork is created called Bcash and suddely bcash got 24 945 998 808 market cap .
Where does this money come from for bcash ?

I remember at every fork Bitcoin price never dumped and when new fork was created , they had like billions in it . Who can explain it ? Thanks

And why you do not believe it, have you not seen the incredible profits bitcoin gave before it reached 8000, did you thought bitcoin was going to stop, bitcoin cannot be stopped, people are finally realizing that and that is one of the reasons the price is going up so fast.

Actually everyone wants to become rich and we all are working for it. You can’t imagine how better they are working to make ease for the users to work for bitcoin and that is why people are getting better image of bitcoin and now they are making progress in getting into bitcoin world. This is the reason for which bitcoins are getting short in market and thus prices are getting pumping.

I really has not had about any hardfork coming up but I really believe that some whales has enter into the market and they are pumping bitcoin up seriously. The coin went up as high as $11,350 three days ago and currently around  $10,400. The price may get to $12,000 before end of December and January 2017 bitcoin might hit $15,000. I think the buying momentum is very high and many are not ready to sell their coins.

I think that after the pump the price of bitcoin depends on the behavior of the owners of the coins. We have seen that bitcoin has reached $ 11,000, people started to sell the coins and the price collapsed. Now have to wait 12-13 thousand dollars. Those who waited for the price drop and bought coins are going to be very upset.

Yesterday the price dumped from almost 12k to under 10k because UK plans to regulate and ckackdown tax evasion, money laundering and all this kind of government bullshit. Banks and governments are desesperated!  ;D

New money is coming to btc. I think we still can see 20k this year!

There was a likelihood of the fork and thus we experienced starting lift when the cost was down however beginning at now, I don't grasp the right purposes behind pumping from the Bitcoin cost from institutional monetary pros and other gigantic whales.

Someone that is already rich does not have as much incentive to invest in bitcoin since he is already happy with his financial situation, it seems to me most people that invested in bitcoin were people with enough money to buy bitcoin but that want to improve their lives with their investments.

There was a probability of the fork and consequently we encountered beginning lift when the cost was down however starting at now, I don't comprehend the correct purposes behind pumping from the Bitcoin cost from institutional financial specialists and other huge whales

During that time in November there were so many good stuffs in preparation for bitcoin from hard forks, to bitcoin futures by major exchange options around the world. e.g. Square cash bitcoin futures, CME and CBOE bitcoin futures all in December.