Bitcoin Forum

Expert explains theories behind Bitcoin surge...
 
Bitcoin prices reaches reached £7,529.77 ($10,009) on the CEX trading platform earlier today, before slightly dipping in value.

Since the start of the year, the cryptocurrency has achieved the incredible feat of increasing more than 1,000 per cent in value.

But despite the incredible growth, economists are still apprehensive of the token’s inherent volatility and signs it could be a price bubble.

Just two weeks ago, bitcoin investors took a hit when the token’s prices plummeted over 20 per cent before bouncing back.

The price of bitcoins depends solely on the demand for it from the part of persons who want to buy it. And since bitcoin has increased in price by more than 1000 percent over the past year, there are a lot of people wishing to have such a profit in the future. But this can not continue indefinitely. Enough of some kind of cataclysm that would affect the decrease in demand for it, and there will be a reverse chain reaction. For a short time, its value can fall to the actual depreciation. While this is a classic bubble. A new technological solution is needed, so that it protects both from excessive inflation of the bitcoin price, and so as to prevent a sharp fall in its price. Given the already high liquidity of bitcoins, a sharp drop in the price could cause catastrophic consequences.

Wow i was not aware of the huge exchange of GBP/USD, it has been a long time since i dont check the forex markets, why the pound is so expensive over the dollar right now?


Let me tell you that the price is only based on the supply and demand, just like it happens with gold, silver, copper, and all the other precious metals.

If no one would be buying Diamonds, do you think that it will be at least $10 one? It is impossible. The price is only created by the ones who use to buy it.

The same happens with bitcoin, and it will keep going up because people is still looking to buy it at an expensive price.

I have no idea where bitcoin’s price will go over the next couple years.
However, The long history of currency tells us that what the private sector innovates generating strong visibility for the broader cryptocurrency space.

for short-term investors may be devastated when they see bitcoin prices go down for a while, but for long-term investors it may be that their ordinary bitcoin price drops are normal, as they see the rising bitcoin price to gain a long-term profit.

Man I don't know about you, but a ten year old market is not very old at all. This is only the beginning of what cryptocurrencies are going to accomplish. If you are investing in crypto you are one of the lucky people that everyone twenty years down the road will be jealous of.

Law of supply and demand. As many people buy bitcoins, the demand increases therefore the price increases. Bitcoin's price is rising so high because of the news being spread about it and because of that, more and more people want to invest in bitcoin.

let me tell you .. why the price is high because the good project and high needs 

As for what has caused Bitcoin's sharp rally this year, analysts cited several key factors, including rising interest in cryptocurrencies. There is "no question" that these digital assets are experiencing growing interest, especially on the part of finance professionals and funds. More and more people are coming to recognize that this asset class is particularly attractive during times of political turmoil.


Another development that illustrates the enthusiasm that investors have for these digital assets is all the initial coin offerings (ICOs) that have been taking place. At the time of report, ICOs had raised six times as much money in 2017 as they did during all of 2016.

This is interesting in deed.
Al-tough I was absolutely sure that it will go to 10 000$, now i do not know where it will go.
In the last few weeks market has experienced incredible growth and one should think when it will stop and short term investors will take their profits.

one of the reasons is that Bitfinex printed out new 20+ millions Tethers which have no dollar liquidity actually.

have many reason why bitcoin price so high, considering the popularization of bitcon boom in this year 2017 and the demands volumes accepting of bitcoin as virtual decentralized first digital currency bubbles the goals of bitcoin coming IN dreaam come true to become famous worldwide as legit cryptocurrency.

my reason. because the development of the era in this digital era that makes bitcoin value skyrocketed. the world of trading is also new this time seeing a currency that is constantly increasing. it can happen if more and more enthusiasts and hold bitcoin

Well i think that the price of bitcoin rising so high because the number of people investing in bitcoins has increased alot and also popularity of bitcoins has risen quite a bit.Bitcoins has attracted many investors and people to invest in them by it's rise as this year it has increased very much which made people to invest in them.

Investors continuously investing and the CME thing and FOMO thing. Like you can research it, there are lot of factors why bitcoin is pumping so high now and one of the factors why Bitcoin is pumping now is because of the anticipation on the so much hyped CME Bitcoin Futures a lot of money are now flowing in Bitcoin and we cannot help but to continue watch it as is rises.

The reason why Bitcoin is rising so high is simple because lots of investors are now investing in bitcoin the more investors invest on it the higher the value it will become. Bitcoins potential is getting stronger because of the support provided by the Investors who are willing to invest whatever the value of Bitcoin is.

Because of this approaching hardfork that will happen in December. So many people buy bitcoins for free tokens they will receive when hardfork is over. So we expect the price of bitcoins to rise further. But it would not happen that the price of bitcoins once dumped investors as their altcoins.

I see many investors are getting involved in crypto nowadays. The futures trading in the CME group might be another reason why Bitcoin is rising so much these days. With the community getting bigger and bigger it is quite obvious that the spike in BTCs price would be much bigger.

Bitcoin is getting so much attention and investment at the moment, it is only going to go higher in the upcoming months.

The simple answer is because people put more demand on bitcoin.
Then other questiin, why people have more demand on bitcoin?
I think bitcoin take the people interest and people want to get profit since bitcoin price is always bullish.

The simple explanation is that now there are more people using Bitcoins. For example, Coinbase made an announcement a few days back that now they have 13.3 million registered users. This is a huge jump from the figure of around 2 million which they quoted last year. Other exchanges are also growing at a similar pace.

the tokens and smartcontract in cryptocurrency is a subtance or factors of high rise bitcoin prices, trends and demands on fintech business in a years is cause of financial business ogled , and be an option bitcoin on bussines fintech .

The price of bitcoin is so high because of supply and demand. The supply is scarce. 21 million was the original amount set out by the protocol, but it is estimated that roughly 5 million BTC have been lost, especially in the early days when services weren't that good. Then you have this huge demand that is driving the price upward. Plus you got the security behind the BTC network. It's unstoppable.

The real reason is the decision by CME to list Bitcoin futures early next month. That decision gave Bitcoin a lot of positive media coverage. Tokens don't have much impact on the Bitcoin price, as most of them are attached to other currencies such as Ethereum and Waves.

Why is the price of bitcoin rising so high. Because the potential of Bitcoin is getting stronger step by step because of the support provided by the Investors who are willing to invest.

Bitcoin was expected to hit $10,000 before the year end. It could be this reason why people were keeping on buying BTC and holding it.
Just buying any coin and not selling it would obviously pump the coin and create a bigger spike than usual. This is what happening with Bitcoin.
There is hype in the market and many big investors are investing in Bitcoin. With many people investing in BTC the price is reaching new heights.

Based on my knowledge about bitcoin, the bitcoin is continuously rising because of the demand. The community is getting bigger and bigger, and I can't imagine what will be the value of bitcoin in the next couple of years.

That's the simplest and pretty much ONLY answer for why bitcoin does whatever it does.  And right now there is enormous demand for bitcoin--as I write this, we're at something like $10,300, and that's blowing my mind.  Never thought that'd happen.  I recall that thread where the question was "If bitcoin hits $10,000 will fiat be useless?" and here we are, above that level.  Nothing much has changed with paper money but bitcoin has exploded.  Now I'm really, really regretting having sold all the bitcoin I had and all the times where I spent it on consumable shit.  Ugh.  What a missed opportunity!!

As bitcoin rises every single day, this has amazed, surprised and shocked a lot of people worldwide. I could agree that the law of supply and demand is now working so well that people are enticed to buy bitcoin on a high price now. Like in our country, since bitcoin has been advertised and even market by well known people in the business or market place, non bitcoin users are becoming more and more curious about bitcoin and crytocurrencies. And because of this curiosity, people are now starting to buy atleast a little of their investment and trying if bitcoin will work. Just imagine how many of these curious people who are now investing in bitcoin that for sure making an impact why bitcoin price is increasing. As this will be continued to be marketed, I'm sure bitcoin will fly high with a good ppan of retaining what it has achieved so far.

I missed the opportunity to invest it when the price was low, now see the value of it increased too much.

For me, I think because many people now are using bitcoins, thats is why the price of bitcoin are rising.

One of the reason may by that people saw that btc increase began to buy btc and btc increase more

it is mostly the increasing demand for bitcoin in the past year, specially in the past month that CME announced addition of their new futures market for bitcoin. which led to hundreds of thousands of new people signing up on exchanges to buy bitcoin.

then it is also partly enthusiasm and fear of missing out which leads to the faster and bigger rise. everyone else speculating about bitcoin saw the new money coming when the news was released and they started to buy bitcoin before it was too late.

Because of its high demand it will keep on increasing, nowadays most of the people are willing to buy bitcoin at any cost.

It is just showing us that the progression of BTC is good. Maybe they want to show the world that BTC can change the world. Also they want to be accepted by all.

I think it's FOMO. This is actually unhealthy for BTC to keep running up like this. New investors will get hurt the most if BTC crashes. I hope not but we cannot have all winners.

The price of bitcoin is rising. The expectations of the bitcoin relative to the special currency are higher and higher. When the people in the currency circle are delighted with the high return rate brought by the high price of the special currency, they need to be alert to the potential risks :)~.

As many people buy bitcoin, demand increases so that price increases. Bitcoin prices rise so high because of the news being disseminated about it and therefore, more and more people want to invest in bitcoin. It's even become a job for everyone

One of the reasons for high bitcoin prices is the high demand of users. Bitcoin is developing, many people know it and use it. When bitcoins increase, people invest in it to make a profit.

yes, I see that the factors that affect the bitcoin price are the volume and spreading bitcoin. because both of them can understand the basic fluctuations of bitcoin determined by the bidder in the market. if many people buy bitcoin in large quantities, then bitcoin will rise sharply. and if in the future the volume and distribution of bitcoin are increased and evenly distributed, then volatility will decrease by itself.

It is refreshing to see this viewpoint. I completely agree. The rate bitcoin is growing can not continue. It has moved from being about the use to people seeing only an investment and get rich quick opportunity. How many of the new investors have any intention on using BTC? If it does crash soon, you will have a lot of weak hands and I expect to see it dip below 7000.

Stock markets and more demand, fear of missing out, fuck you all with your opinions. one country is buying 300,000BTC slowly perhaps since 6 months ago

And everything else also slingshot the prices. mate just imagine some country purchased 300k Btc for less than @$2,500,000,000 dollars, now they can give

That amount to some other country for north of @$3,000,000. Usa, Russia, China can only watch, never knowing who just fucked them bypassing their

Expensive sanctions.

After predicting bitcoin would top $10,000 by mid-next year in October, hedge fund manager now predicts bitcoin could easily reach $40,000 by the end of 2018.
This is a clear indication that the high the demand the high the price.
What all this prediction, caution is need to prevent future fall.

I completely agree with you. this is what happens to crypto, with the various technologies available. bitcoin is one that scores all time history records in crypto. and this will continue for years to come.

I think this is not yet finished, we still have 30 days till the end of December, maybe we should look for next milestone at $12k  :D

Bitcoin price has grown too fast because It begin being accepted more and more in the wolrd by many inviduals and coporations. Besides, there are many investors dont wanna miss their chance

Because theres a lot of country accepting this bitcoin they believe in bitcoin now but sone goverments still hate this because they scared lol this is the chance to earn and to hold bitcoins because this bicoin is our future money.

Yes it is not yet done on increasing, we still have many days in the month of september. I guess it continue on increasing because bitcoin really wanted to help other people who really need this. Other people must really need to be thankful for having bitcoin because I am pretty sure it can really help you secure future lives. Bitcoin really changes lives forever.

The demand of Bitcoin is at its highest for now. The fact still remains though, that the market of Bitcoin and the rest of the cryptocurrencies is volatile. It could go down low at any moment. But it all depends on the demand and the support from the people. For as long as the support remains solid and the demand is increasing consistently, there is no problem with a volatile market. That is the foremost reason why Bitcoin continues to fly high. 

Most of the company accept bitcoin for his payment and most of the casino accept bitcoin so now a days bitcoin price is rising .

Actually its the main decentralized crypto currency in which people are getting increasing in number so its demand is becoming high so as from the principle of demand and supply we have that its price will going up as we see daily.

Basically, it's because of demand. What fuels the demand for bitcoin is the proposed CME futures contract and media coverage. So those that are drawn by media coverage don't really want to miss out on prospective profits and are thus buying in on bitcoin.

bitcoin price is so high because there's so many people want to invest bitcoin nowadays and the upcoming..high demand high price. somewhat law of supply and demands has been applied

Because theres a lot of rich people investing in bitcoin? So thats why value of bitcoin continiously to grow and theres a lot of icos and new cryptocurrency appears everyday just in ny opinion and i think is becayse the supply is limited.

You should know there are big whales on the cryptocurrency market, they always buy huge amount of bitcoin, that makes the supply of bitcoin lower than the demand, making price of bitcoin rises higher and higher.

There is no low price window entry for Bitcoin, if you have the money right now buy what you can afford and hodl. Don't be surprised when it hits another high of 20000 in a few months.

Well i think that the price of bitcoin rising so high because the number of people investing in bitcoins has increased this past few weeks and also popularity of bitcoins has risen quite a bit. Bitcoin attracted a lot of investor mostly young professional one's are investing on Bitcoin for their Future retirement or for their extra source of income.

This is the only reason why the price is so high, it will not be too high if there will be no demand. If the demand is low, there will be no reaction to the price of bitcoin. And the news are also affecting the price of it, when experts are being interviewed and give a positive feedback to bitcoin. Viewers are going to have a peace of mind that it's fine to buy bitcoin and that makes everyone to keep on buying.

It will grow further, up to 40-50 thousand in 2018. It's normal, money flows in, more people use it, it's normal, and it's not a bubble.

yes besides that, people now know that bitcoin is really worth and the price will increase in the future and the highest price now it is just beginning. in future, maybe we can see the other highest price again. while people realize that bitcoin is precious, they want to buy bitcoin whatever the price and they will hold it for a longer time.

At first i did not believe and was really surprised by the current bitcoin price, it was amazing.
There are several factors that make bitcoin prices so high, such as an increase in institutional investor interest and that means bitcoin demand is greater than supply.
Looking at the rising bitcoin prices now, this is very happy for bitcoiner like me and will be more eager to collect bitcoin.

As far as I know it is the popularity and demand of Bitcoin making its price so high.

In last few days bitcoin price has increased tremendously,today it crossed 10,000$ mark.this is because in last few days no,of bitcoin users have been increased and according to some news during thanksgiving a lot of people have invested in bitcoin.thus its price shoot up.

This is just the beginning folks. The $10K is just the tip of the iceberg. I'm sure with all the media attention bitcoin and crypto are getting, 2018 will be another breaking year for us. Mainstream media covering it and analyst doing their best prediction has really captured the heart of ordinary and casual people to buy bitcoin that's why for me this is just the beginning of a new era now that the 5 figures has been breach.

For all we know, those who attacks or continue to bash bitcoin has secretly buying it in the side. Because they can't really stop this train from going further. Now at the end of the year its $10K, next year it could go 5-10 folds.

   You are surprised cause you did not expect this to happen. I believed in predictions
from this summer, many people from bitcoin world said that bitcoin price will hit $10000
this year!
   This price rise turn non-believers into believers, and now everyone is more eager to
collect and save bitcoins not just you! I think this fiver is not just about bitcoins, total
market cap reached $300 billion, people invest mostly in bitcoins but they are noticing
other alt-coins too.  

Not too surprising. I already said in back in Feb 17 that it would go to 25.000$ by Feb 18. We have a little competition at work guessing the btc prize by the end of Feb 18. Look good for me :), already passed the others by a good margin. They are way too conservative. It helps on my mood that I also bought 0,5BTC in Jan 17 for 448$..... Keep pumping it :)

many reazons It has

support people, faith etc

Also news of banks

On 30th March 2017 the market cap for Bitcoin BTC was just under $17 billion USD.  Today (29/11/2017) the market cap of BTC is over $177 billion USD.  It's the law of supply and demand. In just over 7 months, an extra $160 billion USD has come into BTC but the BTC supply hasn't increased at the same rate therefore driving up prices from $1,061USD on 30/3/2017 to today's price of $10,637.50 on 29/11/2017.  :) :o ::)

i think, it is only going to go higher in the upcoming months

Be safe because at these prices you can lose an awful lot of money very quickly.  It's time to keep a level head and don't over speculate because people are extremely trigger happy right now ----> the slightest flinch could start the market tumbling out of control.

It seems something wrong to me about the price rising so high. It is always a catch there, but I'm not the one to judge.
Some analytics presume such a tremendous high rate because of a market demand among the masses of newcomers on ecxchanges. But some other people appeal to traders be cautious. They say, there are suspitions the current situation with the bitcoin price is caused by the cryptocurrency speculations.

It is precious to everyone's eyes now and while it is still too early, they are chasing to buy early now that makes the price of bitcoin higher. Those high speculations from the experts are really helping to make the price of bitcoin higher. And this makes the people who are into bitcoin to have a very nice future, so if I were you don't panic, stay calm and relax while watching the price rise.

I think it depends on demand and supply rule plus news. Bitcoin has limited number of supply and more investors are investing in bitcoin. News is also major  factor for price increase.

Well, it's probably a little bit guilty of the prospect of investing in bitcoin, as if you invest that and the profit will increase with time

Because of the on-going demand for bitcoin price is increasing more day by day resulting in the fluctuating of bitcoin in which the price of bitcoin surprises as because many people like myself are expecting the 10,000 USD price of bitcoin would be achieved on the end of the year instead it is achieved by the end of November 2017.

The value of bitcoin is growing or increasing because it is a lot of interest in it and more people are willing to make money easier. The bitcoin value is high as it has been created by many users on this site. So the next generation is sure bitcoin their work will be and they will be used to pay for everything they want to buy and better the company's transaction and the more the situation will be better for those who bill their bills

Simple answer to this question More people got involved in bitcoin more it gain value. millions of users are getting involved in bitcoin due to price value. thats why bitcoin increasing day by day.

Hi,

I think you can explain the rise with two factors.

First, due to the very definition of how bitcoin is created. It has to rise in value over time.
Second, it is a new playfield. People are tempted to buy, try and.. see what happens. Maybe at some point a bubble may burst but.. Traditionnal economists have actually no clue about it as the bitcoin is "new" and has specificities that are not shared by the traditionnal "real" currencies.

And last, in the real world, we have seen bubble bursting, we have observed its devastating effects on people. But unaffected people are still playing. As long as you have players, the game is on!

Don't be stupid. Learn economic and finance before posting crap. Supply and demand only goes so far in explaining the price equilibrium. The holders of BTC are not selling and the buyers are pushing the price up in order to obtain btc. Currently the holders are deciding the price of btc. This does not imply the buyers had pumped in $160bn of hard cash.

Wait, so, even if there are 350 trilion dollars in the world. And let's asume Bitcoin will have this Market Cap. Does it mean the price can still increase just due Supply and demand?

Yes, the price is so high but since I can't see "buyers" myself, part of me is thinking it to be artificial pump. I am afraid if ever my thoughts are true, is the big dump. Well, I know bitcoin is getting popular and popular each day, but this price surge fears me.

A lot of good news, end-of-the-year run, euphoria + highlighting bitcoin, all that explains why it climbs so fast.

The price of bitcoin rising so high for me because of population here in bitcoin. Thats why the more users the more bitcoin increase I guess. If many population here in bitcoin, the more users are mining and invest in bitcoin so they also earn more.

No. If btc = total fiat then there is no more fiat to buy. Then again fiat will keep on increasing until all governments ban "fractional reserves."

the prize of bitcoin is rising  due the demand of bitcoin,the increase in price and value have drawn the attention of so many investors to the blockchain market.

Because the demand of customer in bitcoin in the market is rising also. Their excellent service provided to their valued customer is a factor why these things happen. If they become consistent of doing this excellent performance they can break a leg in the year 2018 in field of electronic banking industry.

It's a matter of supply and demand stuff where price of bitcoin is so volatile today that it reaches new value ever since it was launched sometimes in 2009. Amazing how it reaches 11K USD today with almost a blink of an eye.

Supply to demand is an common factor that decides the price moves. This time the growth took place in a much bigger way with bitcoin reaching above $10000 from $6000 in a very small time period. None has a perfect reason for the price pumping that took place.

The popularity of bitcoin is very high, and its circulation has increased in many countries of the world. People are using bitcoin in any work. Bitcoin is easy to earn, it is easy for people. People benefit from the investment of Bitcoin. Therefore, the prices of Bitcoin are increasing day by day.

View how many times the increased capitalization of cryptocurrencies, more and more people pour their savings into bitcoin, as it is more profitable than putting your money in the Bank.

I think bitcoin is increasing in value because of the increasing demand of people in using bitcoin. Online shopping, tuition, travel ...... use bitcoin to pay and high bitcoin value anyone want to own for the future.

That's the number one reason why bitcoin rising up his value, becasue of supply and demand. Like you said, the more user in bitcoin the more value to increase, and that's is so true. Because if you can see, when the china banned ICO's in their country the value going deep down and it's so hard to get back up, ( actually even without china the value of bitcoin is continue to grow. ) But anyways my point is, if all country accept bitcoin the value is much more higher and higher.

I am living in Turkey and people begin to learn about crypto coins and making investments so btc still have a huge potential to rise because its still unknown thing to a lot of people in the world. But eventually, they will learn about it

and for my opinion we are in a different country so are you sure for all of us that we have the fair treat about bitcoin so some having the special treatment about this coin so the main reason why is this high cause some are treat this currency in a special way.

Supply and demand always the reason why the bitcoin price rising so high, people keep holding their bitcoin and buy more to anticipate the hardfork. That's why the bitcoin price at high price right now. Actually a whale also contributed on the bitcoin price, they can make a move on bitcoin price even is not too big.

The price of bitcoin rising so high because demand of bitcoin is increase day by day . Rumors of bitcoin are increasing , attracting many curious people .
when demand of bitcoin so high , bitcoin will be scarce , the bitcoin value will also increasing accordingly . when many people knew bitcoin , just good
news about bitcoin will make people buy bitcoin  .

Bitcoin’s surging popularity, demand and growing awareness of the crypto market has all contributed to its unprecedented rise.
The token is a store of value used to exchange for goods and services. Bitcoin is not regulated nor is it a legal tender  – but it is popular and in high demand which drives prices.

because of the good investments and reaching investors why it is reaching so high thats the matter of being a greatness of bitcoin and goodness of it to all of us!

I agree.It's all about supply and demand from all of us.Since bitcoin has become popular to numerous countries,we should also expect that more people will build interest on bitcoin.That will start to increase its demand and eventually supply will be minimal.With this,price becomes more expensive.

The important thing in the digital currency is the value of bitcoin as we see that many people are just buying bitcoin to send their huge funds to other countries in the form of bitcoin and that is the reason that bitcoin is not legal in many countries. The price is connected with the trust of the users and now the users are increasing day by day. The use of bitcoin is also high many online shopping centers are selling through online currency like bitcoin and altcoin.

The price of bitcoin rising Because More people are becoming aware of what Bitcoin is; it is leaving the realm of techie hobbiest and entering in to the mainstream conciousness. Not only as a viable currency, but what it means to ‘store value’ outside of normal methods, e.g., cash, banking, investments, stocks.

Bitcoin is an emerging money market and so it is quite volatile and has more proximity. The use of bitcoin is highly rising on daily basis. Apart from the price just rising, it can also be traded as a fiat currency just like USD, EUR and GBP and other currencies.

You are right; it can be exchanged for cash. Bitcoin is based on a fully unsuited technology for daily minor business (too slow, too high fee), and thus that cannot be the reason for the rise of its value.  Its value is rising because people believe that they can make money, nothing more. This is fine. It will crash someday, but I don’t think it’s before I reaches 25.000-50.000$, which will be in 2018.

My favorite bubble is the Dutch Tulip mania of late 1636-1637; this is bitcoin about 300 years later. It’s going to get it on, in 2018.

Bitcoin is now at a high price. Bitcoin has many advantages. Bitcoin has changed people's lives. The potential of bitcoin is huge. I am optimistic about the future of bitcoin. Bitcoin's price will continue to rise. Of course, any investment is risky. :)

It's mainly because of its rising popularity. Demand increased as people invest and buy in. Also bitcoin doesn't have an infinite supply the more popular it gets, and the more people buying it, you can be sure that this isn't the end of bitcoin's rise. And with forks coming this december and january, breaking all time highs may be a common occurrence

The reason for the surge is not natural as we all know. The entry of institutional investors is breaking all the records and reaching new milestones day by day. However, it is still unclear that is there any other inflow of panic buyers in Bitcoin other than big whales or not. Bitcoin was anyway going to hit $10K with or without the support of institutional investors, this time these investors are pouring the capital.

I think no technical analyze for this crazy moment, but it's all about hype and the hypebeast ::)
So many people out there talk about bitcoin and promote this coin even though they don't understand about bitcoin or blockchain. They just tell you about the price and their profits, and then they invite you to buy some bitcoin and wait for high price to get rich instantly.
But it's not so bad.

because it has high demand...years after more buyer will come to buy so bitcoin price will  keep on growing

That will be because many people feel a request in bit coin. It's also affected by worldwide credit ease of course.

Price of bitcoin is increasing with the growth happening in terms of user community leading for an increase in demand. Another thing is due to the speculative nature of bitcoin. Price rising high seems to be the true growth and the same is expected to make a big change in growth of the country's economy.

Did you noticed that the little rocket man is the missile few days ago? And the South Korea move their asset into the Bitcoin like crazy? And the future from CEX are ready to short it? That's is why it rising so high!
This is only my opinion. No more no less.  ::)

The price of bitcoin rising so high because, it is a lot of interest in it and more people are willing to make money easier. Also the price is connected with the trust of the users and now the users are increasing day by day. This is what happening with Bitcoin.

why is bitcoin price high? it's because bitcoin itself, not because of tsunami in japan, but because bitcoin does not want its investors losses and bitcoin also do not want its investors run. and also because of the american dollar price adjustment.

I agree that bitcoin rising so high because there a lot of investors already invest in bitcoin, so this is the reason why bitcoin is still rising. The value was great and  most stronger currency as of now. The possibility bitcoin will continue to rise and there are more people convince to invest in bitcoin. And most of investors attract in bitcoin and it will indemand and it is already popular to all people. Its a good news to everyone, because bitcoin is become valuable and profitable.

The rise is because of its demand and it off course has a lower supply. Bitcoin is also used for virtually every crypto transactions, so it is needed by many investors. These are few reasons it might continue raising.

The increase and decrease in the market is depending on the demand and supply of the coin and that's what the makes this bitcoins very profitable, Its because of the volatility of the market and now its for you to have your own strategy to earn more profit.

Just 2 weeks ago the bitcoin price was about 8 k $ and most of analitics told us, that this race gonna stop soon. I think that situation gets really tense and im waiting hard drop and long correction. The bitcoin market is overheated and needs calm down. The demand for bitcoin is really mad and it is risky to enter into short trades with him, because situation is unpredictable.

Fomo and because of new people got to recognize the btc that if they miss the train will never catch up. Newbie  as well not know that when investing in bitcoin they must not see the price of $ instead see how many btc amount they are getting when they investing in bitcoin. Another fomo of bitcoin future news increasing hyip. I am still strongly believe it will drop to 9000$ to 8200$.

BTC performing excellent. You don't really want it to break the resistance (by much) as that would probably lead to a hefty correction. It is growing at the top end of the bullish channel and that is, IMHO, the best scenario.

When I read your post, BTC has experienced a rise to the peak price and then dropped dramatically floor price and is now tending to increase markedly each day. Explaining the reasons for the price increase to the peak is due to the attraction of the BTC is too large. In my country - where the BTC is banned at this time, there is a great deal of interest from the newbie to the more experienced investing in cryptocurrency, especially BTC. Due to the excessive volume of investment and holding in BTC, the BTC exchange rate has increased rapidly in recent times  8)

The valua of bitcoin is rising so high because now a day's people are going to known what perpose  behind the bitcoin made of.So people want used to with cryptocurrency in place of fiatcurrency.Cause of that the demand of bitcoin is increasing highly.

Maybe I think the news is circulating in social sites or exchange platforms

I think it is great implication or sign that we see the value of bitcoin is fluctuates up in the public market.
From this we be able to see the outcome of the performance of bitcoin which shows a great assurance for the public that their future is secured by bitcoin.

It's gaining popularity nowadays. As the law of supply and demand, it will surely increase. However, there is also a risk that its price will drop. It's risky but we have to take the risk.

Bitcoin has become popular in the society, large injections from large investors make you think. Attempts to limit the development of crypto currency from some countries were unsuccessful. People understand the importance of developing the crypto currency, so the demand and the price are growing.

So, the price of bitcoin is rising because many have begun withdraw it. I think because the higher the demand equals higher price increase and bitcoin is limited to 21million btc.

Yeah, BTC amount is limited. It is one of the main reasons of BTC price increasing. A lot of investors would like to buy BTC so the price will be higher and higher due to limited amount of coins

Simply because investor are continuously coming, and at the same time people are continuously discovering and discovering cryptocurrency or what we call bitcoin. We cannot deny the fact that people might get interested working with this. By that, bitcoin value continuously growing bigger. In addition, because of social media bitcoin became popular and investors got bothered to pay attention to invest to this thing. Next one, is that people pass the information about this for them to work also, for example a friend of mine told me about this and me told it to my other friends by that bitcoin would get discover and at the same time value would get grow and bigger.

I guess this is because FOMO (fear of missing out).
people are afraid to miss the train,
the train that will make them rich.  :P

The price of bitcoin depends on the demands so when the price is rising high that means the demand for it is too high ,
That is the very basic reason for it ,it is just the stocks and demand limited stocks+very high demand= very high price.

I think the position of the experts and traditionnal economists is logical. They cannot understand what is happening with bitcoin. For any traditionnal currency, such volatility is indeed worrying and shows that the correspounding money is unreliable.

However, for bitcoin.. Actually we can't conclude anything with only the information we have. Bitcoin is not used for daily consumption, rather for investment and trading. Bitcoin is not printed on bills or emitted in cash.

Actually, we have no accurate models to apprehend and forecast moves.

Conclusion: for the moment, we enjoy the rise and try to make the most of it! ;)

The reason it is rising so high is all about supply and demand. The more people want to buy into it, the higher the price rises.

The big demand of investors who are interested in the crypto market and especially bitcoin is causing bitcoin to increase rapidly. You may be surprised at the start but this is quite normal.

One possible reason for bitcoin to have such tremendous growth is the increasing number of investors and demand from some people. With bitcoin's growing popularity, numerous individuals are beginning to see its significance and oppurtunity for financial freedom or support. Because of this revelation, people are investing in bitcoin despite the risk.

Yeah it is a bubble, that is what I thought but I am wrong.
It could be anything now. You said this November and yet it has not exploded yet.
I might as well get something out of it before it explodes but will it?
It could make us richer for now, so why not make it not a bubble anymore and stop spreading this news.

There are some factors that states the price bitcoins and these include supply and demand. Most bitcoin investors sell their bitcoins at certain price point that are so high because of the scarcity in the circulation. Just like diamonds, the harder you try to get diamonds, the bigger the price.

to my opinion only, i think bitcoin rise too much because the need for bitcoin has risen too much just in this year, also people with big source of money is buying very much bitcoin making it price more expensive, the shortage of bitcoin will rise its price more and more.

The price of bitcoin is so high since there are many people coming from different countries have started to purchase bitcoin in the dream of earning a huge profit when it grows in value. But one thing that caused a huge spike in bitcoins increase in value was the report about the Winklevoss brothers became the first bitcoin billionaire. That news has inspired many big people in the finance industry to invest in bitcoins in great volume.

Many are now recognizing Bitcoin. Many are now into the world of cryptocurrencies. Because of many supporters of Bitcoin, many are buying so the price tends to increase. The price is based on law of supply and demand. In this case, the price increases meaning many people are buying.

The price of Bitcoin is increasing incredibly because of the total demands for Bitcoin. The more people buy or use Bitcoin, the higher the price of it will become. Bitcoin is becoming more famous because of its price. And if Bitcoin becomes more famous, the number of people who are interested in Bitcoin will increase. Are you seeing the loop already? That's just how it goes.

I think the bitcoin has increased steadily over the past few months as demand for humans has increased. Many buyers because of their potential and benefits in the future. Bitcoin payment service is on the rise. Many buyers make the value of bitcoin push up quite high

Maybe because bitcoin has many investors nowadays and very in demand that makes the bitcoin increase its value and helping it to boost its success. Also  the lack of external regulation and control from big banks.

Due to a fast-growing number of traders and newbies interested in cryptos bitcoin is rising so high. One more reasons that social media and various news put the wind in bitcoin trading.

In short bitcoin today has really rising becaus eit has many believer  and it has many good advantages that is why many people believe on it and they really want to have bitcoin that is why they invest on it .I believe thatvit is all because of the advantages that bitcoin has it is really rising because of its great demand in a market place sometbing like a product that is really usefull now a days in this modern world.

Because the demand of customer in bitcoin in the market is rising also. Their excellent service provided to their valued customer is a factor why these things happen. and its circulation has increased in many countries of the world. People are using bitcoin in any work. Bitcoin is easy to earn, it is easy for people. People benefit from the investment of Bitcoin. Therefore, the prices of Bitcoin are increasing day by day.

Simply because it is getting so much awareness. So many people are now learning about it and want to join in so the price is bound to keep rising.

It is all because of the rising of the demands and more people getting involved in bitcoin while the bitcoins supply is beggining to scarce because it has a limited amount that's circulating in the market.

The nature of the increase in the price of BTC is due to the amount of it has limited so when increasingly reaching the limit, the price will increase quickly is understandable. Secondly, due to the increasing fever of the BTC, many investors, as well as people invested in BTC, made the demand much higher than the supply, leading to the increase of BTC price in 6 months. I predict that by the end of this year, BTC will be up to $ 20,000.  :P

because the demand for bitcoin is increasing every time, and we know that the number of bitcoins is limited
maybe that's the factor that makes why bitcoin the price is so high right now, but there are many other factors again, one of them maybe because bitcoin is the first crypto currency so the price can go up so high

For me the price of bitcoin are rising so high because it is so famous now and it is  so popular so the price of it are still increasing. There are so many people that are working on it even if they are rich because they all know that by working on bitcoin they will be richer and they can earn an extra income on it.

Yes, it is because of the demand of all the users of Bitcoin. Bitcoin is gaining popularity worldwide so people are now getting a chance to know it and work on it; because of this, the price of Bitcoin is rising unexpectedly.

Its not new when people say that bitcoin is a bubble while they were waiting for the price to drop and then invest their money into bitcoin. They just want to be apart of it thats why they are making this news.

Today's price of bitcoin is very unexpected. No one ever expected that it will increase its value that fast. And now that its value is still rising, it started a lot of debate and rumors making people more curious to try it. This results to increase in demand of bitcoin making its price to continue to increase its value. Its price attracted a lot of traders around the world to try it.

Because of high demand of bitcoin and bitcoin being first digital cryptocurrency using internet connection fast to introduce in the different country, bitcoin comes to become famous in the world and is this happen for bitcoin i think the price continue to increase.

because a lot of new enthusiasts about bitcoin, different from before, now bitcoin become viral in the mass media, no wonder if this triggers big investors to invest in bitcoin, so the bitcoin price is getting higher due to higher buying rate.

The main reason of rising bitcoin price so high is too much demand of bitcoin and  lower supply. Too many people now started invest on bitcoin and bitcoin also used in every crypto transactions, so it is used by many investors and it is also a reason for rising bitcoin price so high.

The main reason why the price of bitcoin was rising so high is the fluctuation of supply and demand on online market. Furthermore, the number of people who used it or buy it is also the reason why it is so high. I think if the price of bitcoin is high it may lead to a high income also.

Price of bitcoin riseup too high depend on how.much the requested from people

Bitcoin is the most successful crypto of this technical era. No other crypto or altcoin cannot reach to its position because of its useful system and profitable reaction. Peoples are getting so much benefit from it and for this reason, many peoples are getting inspiration and starting invest there and become a member of that era. For its extra popularity, its price is rising too much high. Many people become a part of it day by day. Most of the people depend there very seriously.

People want earn money - they do it. That's all. Crowd effect. 2017 has revealed crypto for millions of people worldwide. One of the best years of BTC life and there's no finish in th near future, I suppose!

I don't think that the new people are the reason why Bitcoin's price is now this high. As they don't have the guts enough to push the prices up, so definitely the ones who are creating the prices of Bitcoin this high are the big players or the whales of cryptocurrency. This traders are the ones who started a buying pressure in which started a up trend for Bitcoin as other players have followed their league and started buying Bitcoin for themselves. They have done it in the pass the difference is they move the prices of Bitcoin too high.

The reason why bitcoin rise its price because of the growing people who use bitcoin and many people right now is shown interest about it, also the increasing value of bitcoin everyday. So that why is price is also rising, but i think its good sign because it means bitcoin has potential so many people trust it.

I think there are many factors which are providing high rates of Bitcoin growth. But the main reason of is advertisement and distribution information about cryptocurrencies. More and more people trust in success of Bitcoin.

The rise of bitcoin in the recent years can be accounted to the increase in demand and fix supply, it is the basic law of supply and demand. I think bitcoin’s popularity is triggered by people finally realizing the vision of a digital currency being the currency of the future.

Every time money is involved people will swarm it and try to invest it for the hopes of getting fortune from it, In our time now bitcoin is one of the best example of it . Because of the rise and popularity of Bitcoin nowadays many people are getting more into it thats why the demands of bitcoin is getting higher because of it the value pumps as the supply gets scarce.

This year, Bitcoin has really developed very strong, strong growth rate together with high value has made Bitcoin more and more users. And I think that the main reason for Bitcoin price increase is that the number of people using it is increasing, and the demand is rising while the maximum bitcoin supply in the market is only 21 million. Some other opinion argue that the reason for the rapid growth of bitcoin is due to the lack of control from major banks, the government, but I'm not sure about this either. This is just my opinion

Main reason for the highly rising price of BITCOIN is the increasing demand of BITCOIN.Many new investors are being interested to invest in BITCOIN.Everyone is believing that in future BITCOIN price will increase the same way which is making them realize that BITCOIN is really very useful and can give them a lot of profit.Therefore more new investors are attracted towards this and its increasing demand raises its price.

it's true, the more people who want Bitcoin then the price will also rise and if the supply starts a little the price will also be very high

Bitcoin's price depends in the demand and supply here in bitcoin. Also ot depends on the usage of people on bitcoin and nowadays, more people are into it so bitcoin's price is surprisingly increasing. If this will continue, then there's a possibility that bitcoin's price will be higher than we expected. Just a few years later, almost everyone in the world will use bitcoin.

It's because of the demand and supply. The Higher the demand the price will increase. The lower the supply the higher the price.

why the bitcoin increase is so high, if I think it depends on the demand of the person who will buy so the price is sometimes unstable with low or high prices become the vitality of a request

maybe because of supply and demand and many people will invest bitcoin.increase demand the price is high..

I think because of the rising bitcoin community. Many people all over cross the world are engage with bitcoin; increasing the bitcoin community brings a huge demands for their services which will leads to a higher market value in the public market.

I think, besides that what makes the bitcoin price high is the price competition that always chases between bitcoin with altcoin etc ...

At present, Bitcoin rates have experienced unprecedented declines. The rate fell from $ 19,000 to $ 13,000 in just one week. Makes investors as well as people panic. Explaining the reason for Bitcoin's rapid increase is that Bitcoin has become a current trend so it attracts a lot of people to invest in it. With the currency limited to certain, it also makes the value of Bitcoin always increase rapidly. :P

Basically, bitcoin price is going down right now. but the reason why sometimes the bitcoin price is going high is because of the higher bitcoin demand.

bitcoin price is rising so high because the needs for bitcoin is rising more and more in this year, more and more people wants to own bitcoin makes its price gets higher and higher throught years.

If I think the bitcoin price goes up so much because the number of people investing in bitcoin has increased a lot, as more and more bitcoin investors have risen, it's no wonder that bitcoin prices ever hit 200 million, so the cause of bitcoin prices rose due to the large number of investors investing in bitcoin.

Bitcoin goes up every time when some significant country (like Japan) announces new legislative improvement around it.

I realize this too because of this year, I think the number of people also increase so it makes the price increase. many people now invest their money in bitcoin because they heard the news that bitcoin will increase higher in the future and they don't want to miss anything. the price itself is up and down because people buying and selling bitcoin and some of them still hold. I agree that bitcoin price increase is because of the increase of bitcoin user itself.

Yes i think so. Many of new bitcoiners are born this year and make them invest a lot of money in this.
If the investment increase so much, it makes bitcoin grow so much too.

The most common reason for this is that bitcoin is become more popular on every corner of the earth in which result to many small and big time investors are joining in because they realized that bitcoin investment is very promising that they will earn for sure. When investments are pouring in it results to increased of demand with controlled supply of bitcoin.

Bitcoin's price pumps are really crazy, it is making a history. If everyone will be hearing about it, especially people who are wanting to have a good profit in the future, they will be really picking bitcoin as an asset.

the price of bitcoin rises because many people have started investing in bitcoin all over the world. especially those new into bitcoin who want to make money fast thereby investing more into bitcoin.

i think bitcoin is rising so high because we have only about 20millions.(& it seems like that 20-25% are forever lost )
everybody wants to have bitcoin now since the crypto boom.
its not enough here for everyone thats the reason why bitcoin got so high in my opinion!,maybe will see a much higher rising btc in 2018.

indeed this information is awaited by bitcoin users. Regarding Bitcoin prices that continue to skyrocket. yes, I agree with your good thinking above. as well as bitcoin prices are being updated by the growing number of bitcoin enthusiasts and the increasing demand for bitcoins.

I think bitcoin price is increasing so high now because it is the result of being accepted by many countries and the continues of using bitcoin and spreading the knowledge about it. The population now of bitcoin is increasing and it is also one of the reason why bitcoin price is rising.

bitcoin is always increasing due to the large number of requests from buyers, and since the bitcoin price increases its price has always increased by more than one hundred percent. now a lot of people who want to earn big profits from bitcoin for the future. indeed all there is to its limitations to get great results, new technology is needed, thus protecting from excessive bitcoin price inflation, and to prevent a sharp fall in prices its decline.

Now it is different. It hit so hard that it came to the roof and want to get out for some more and all of us are holding because we want more.
But now it fell for a whooping $5000.

The question now is are we still going to hold even with this circumstances or are we going to panic and join the sellers?

It’s impressive, isn’t it? The reason for such high price can be looked into with the way supply and demand works. There are more people who are becoming interested and that is why the value is getting bigger.

That could be a usual thing about bitcoin. The pumping and even its punctuating flow down is o unpredictable. But as this sudden increase approaches, they why not just be happy about it. It iss an increase, a positive outcome of bitcoin.

Bitcoin's price is rising so high just because of the demand it gets from the consumers. It is now widely accepted by different countries as a mode of payment on different product that's why people are suddenly interested to i buying it and by that the price goes up.

Despite some bad news about bitcoin, it will develop another trend next year. This can end up in $40,000 or around this price. The demand is still high, don't worry. The market is also expanding.

For me, the reason why bitcoin price is rising so high because of the growing community. Bitcoin is becoming very famous that’s why many people are willing to buy bitcoin because of some reason like earning money through it, you can use it globally, and you can use it anonymously. When the demand for bitcoin is rising the value will also increase. Some explanation is when bitcoin will admissible as a payment by some company or establishments.  :)

Because many people buy rather than sell it, and blockchain technology is already recognized by many people but they hate bitcoin is a weirdness.

Bitcoin is the first cryptocurrency and a standard. All know him and buy. Therefore the price will also grow. all want the piece) But the percent of his share will decrease generally.

The most successful crypto in this technical era is bitcoin. Because of its usefulness system and profitable reaction no other crypto or altcoin cannot reach its position. Many peoples are getting inspiration and starting invest there and become a member of that era because they are getting so much benefit and facilities from it. Its price is rising so high because of its extra popularity.
Most of the people depend there very seriously and many people become a part of it day by day. It is a very special coin and almost all the people choose it for investment so that its price is increasing more day by day.

Bitcoin prices reaches reached £7,529.77 ($10,009) on the CEX trading platform earlier today, before slightly dipping in value.

Since the start of the year, the cryptocurrency has achieved the incredible feat of increasing more than 1,000 per cent in value.

But despite the incredible growth, economists are still apprehensive of the token’s inherent volatility and signs it could be a price bubble.

Just two weeks ago, bitcoin investors took a hit when the token’s prices plummeted over 20 per cent before bouncing back.

There are a lot of factors affecting the price of Bitcoin. It can be due to the currency exchange or perhaps the transferring fees changing.

The reason behind Why the price of bitcoin rising so high, is because of its continuously increases of demand in the world trade market.
There are lots of people supporting the services of bitcoins so there is great impact that it will give in the market value of bitcoins.

The price is only based on the supply and demand .The same happens with bitcoin, and it will keep going up because people is still looking to buy it at an expensive price.
 

One of the reasons for soaring the price of bitcoins is people who keep buying bitcoins. So the price of bitcoins is rising. Especially today the growing number of people are gaining interest in the so-called Gold on the Internet. So it will not be long before the price of bitcoins will increase further. And I'm sure that bitcoins will be accepted by large companies that will really speed up the price hike.

That is the correct answer mate, "demand". Whenever you are seeking answer to "why price going higher" in any market the answer is demand rising. As bitcoin is anonymous dark side is also entering to the blockchain. like money laundering, drug traficking, gun traders etc.

I think the big issue for btc is that there are too many new ICOs and they need btc investment.

the price of bitcoin always rising, because of its high demand and many users buy more stock of bitcoin that's why the price of it rise so high.
When many users continue buying a stock the price of it will get higher and higher.

The reason why bitcoin value or prize is always increasing that could growth so high is because of the demand of the people who buy and Invest more because the more users to buy bitcoin stock the more it's increase the prize. And as of now we know that bitcoin are become more popular to the people so that the demand of bitcoin are also increasing that take the prize rise so high.

Now the world's blockchain industry bubble serious, huge risk, and continue to superimposed, not risk-tolerant retail investors do not approach, because it is easy to become Panxian, become "leek."

This basically revolves around the Supply and Demand rule. BTC has limited numbers worldwide and the demand is so high that one satoshi (a very small portion of BTC) is already worth a lot. a large number of people are interested in getting BTC all over the world and its affecting the demand rate.

Because of more number of people buying bitcoins(the demand) and the scarcity of bitcoin(the supply) that makes the bitcoin price goes high.

Bitcoin prices are bottoming out at the moment. And I think there are many reasons why the bitcoin value is increasing. Capitalization is increasing. A lot of people pay attention to bitcoin. This makes the value of bitcoin increasing

I couldnt agree more. Bitcoin has been known everywhere and started its great years that is why more people are getting aware of it and they actually get involved. This means that the demand of bitcoin is increasing these days which resulted to a high price of it. Well, for me it is a good thing because bitcoin has been known now and it has a progressive development because more people are investing in it which means more people will benefit from it.

Prices fluctuate, there is nothing to be done about it, especially the price of bitcoin has never been stable, we always see either a jump up, or a temporary drop in price. As a result, the price is still increasing and bitcoin is growing.

The reason Bitcoin price is rising high because it is the law of supply and demand. Remember that there will only 21 Million Bitcoins will ever be made. Then because of social media, too many people start using Bitcoin. With this kind of effect, the market value of Bitcoin will constantly increase.

Bitcoin price value is affected by several factors, but the most common factor is the law of supply and demand, it applies on the value of stock market, and affects also the constant fluctuation of bitcoin price. Anything that is abundant and much needed, will surely be valuable in the eyes of the consumers. The ceiling of its value is uncertain.

Yes, I agree with you why the price is rising so high because it's good project and high needs. As far as I know that Bitcoin is a digital asset which is suitable to use in this era, even it's simple and easy to access by people wherever they want to.

the price of bitcoin always rising so high because many users investing and it and many people but bitcoin everyday that's why the price of it get high and higher each day and when many people invest in bitcoin the price of our will get the peak and many investors will earn a lot of money while you are waiting for your passive income, in this year there are many possibilities that bitcoin may increase more.

The reason behind the price of bitcoin is high is because of its high demand that receives the world trade market; which lift the market value up and more favourable.

I do not know anything about the growth and if what happens to bitcoin can now be called growth ... this year, in any case, there will be a growth either at the expense of new earners, or at the expense of new investors and projects. The number of people interested is growing - this will inevitably lead to growth.

It's  because nowadays bitcoin is getting huge media and more people get awareness about bitcoin. Being struggling to earn money, they just don't want to miss the opportunity anymore. So the demand increases very high which results in the huge increase in price.

I think that many peoples belive in fact that thay can be rich over night,and thay invest money because thay see or read in news how fast bitcoin grow,the main fact is whit this percentage of new investitors bitcoin is best way for easy and big money.

Ity's common knowledge that demand and supply plays the elementary role in determining bitcoin's prices and so for the p[rice to be rising  so high can only be attributed  to the global mass adoption of bitcoin and other altcoins since it brings on board security , privacy and safety.

The price of the bitcoin keeps on increasing because of different factors that makes the price increases. One factor is because of the demand of the bitcoin that keeps on increasing. We all know the law of demand that if the demand increases, the price also increases. Another factor is there are a lot of people using the bitcoin or invest in bitcoin and that is another reason why the price of the bitcoin keeps on increasing. Popularity of the bitcoin increase the bitcoin demands and also it promotes the digital currency around the world.

now bitcoin is indeed a big firal price, although that bitcoin is also offset by the decline of bitcoin which so far can be spelled out surprises us all. but with the rise and fall of the bitcoin price it does not make people so retreat, instead otherwise on tempted by bitcoin.

See the news below I thought that's the reason why bitcoin price getting high now.

Another exchange Got hacked. Coincheck is one of the largest Japanese exchanges!  $534m has been hacked.

Source: http://www.bbc.co.uk/news/world-asia-42845505

It's another huge warning  to take  your crypto  out of exchanges.

Hardware wallet is the best bet. But like me if you find hardware wallet less user friendly then go for desktop wallet such as Exodus and Electrum.

The reason why bitcoin can increase in value in the last few years is because so many transactions are made using these bitcoin currencies. so naturally if the value of 1 btc can increase drastically like that.

Bitcoin prices depend on requests from people who want to buy them, there are many people who want to benefit in the future, But this can not continue indefinitely. Quite a few types of disasters will affect the decrease in demand for it, and there will be an upside-down chain reaction. For a short time, its value could fall to the actual depreciation. While this is a classic bubble.

Imagine how high the price raised in December. Now the price is low but after this downfall I think it will go higher that it has ever been. Looking forward to see that

bitcoin price is depends on the community.. because many people use bitcoin and some people buy bitcoin thats why the price of bitcoin goes high..

Mostly because of supply and demand. This usually dictates hoe high of a rise bitcoins can accumulate and how deep the crash is. With this kind of logic, a lot of people who have a lot of bitcoins can manipulate the global price so hard that they steer the supply and demand curve hard.

Agree supply and demand is the main price increase! The price of bitcoin will always grow as long as the crypts are developing! When new technologies come into the market, they push to big demand and use bitcoin! I'm sure that now is an amazing time for watching the birth and realization of bitcoin!

It was so low last week and people started to buy it because of potential rising. We say it market cycle and market psychology. And it works everytime.

Actually, the price of bitcoin will depend on the demand of it in online market or trading sites. The fluctuations of supply and demand of bitcoin is the main reason why its increase the price. However, as of now the price of bitcoin is not yet high but I hope it would recover again and it will keep on increase.

From my opinion there are two reasons behind price of Bitcoin rising so high. first of all people all over the world are investing in, again we know that when Bitcoin investment will rise the price of Bitcoin will also rise.secondly people are buying and selling Bitcoin at high rate.

the price of bitcoin has a rapid growth, because the popularity of this crypto currency is growing. every corner of the world just talks about how to invest in bitcoin

Bitcoin price rising so high it's because the demand of bitcoin is increasing, we all know that the community of bitcoin is growing too fast and too big that's the main reason why bitcoin price is rising or rising so high. We all know that when the demand increases the amount of it will also increase and especially in cryptocurrency. The second reason why bitcoin price is growing is that of some influential person, or giant company that will speak about bitcoin or another cryptocurrency that they will accept it as a payment, etc.

Mostly it ia caused by supply and demand. If the demanf is so high, then relatively, price is high as well. Compare it with diamonds. Diamonds are really hard to excavate and find and refine. They are also low on supply so when we buy diamonds, it's very expensive

Bitcoin’s surging popularity, demand and growing awareness of the crypto market has all contributed to its unprecedented rise.

The token is a store of value used to exchange for goods and services. Bitcoin is not regulated nor is it a legal tender  – but it is popular and in high demand which drives prices.

Supply and demand I am sure, this is the case that is only responsible for the price being jumped so high and then going down every other week. In international market, there is a fix supply of bitcoins that is have been spread over the world. But yes, demand is increasing day by day. So when there is shortage of coins, or people when bought much, market demand increases, and hence prices get higher.

There is the reasons why bitcoin goes to very high. Because of the unstable prices and numbers of investors that can result of bitcoin price dump. Then in other reasons the big investors control the flow of bitcoin in the market. If they can have the power to control meaning they are the one who can be followed. Whatever the prices they decide they can do it in either goes down or goes up. Sometimes they let the market circulate without their present to see the capacity of small investors who hold few numbers of bitcoin pieces. There are more reasons why like the the value of bitcoin rise.

the main reason for that is because, the amount of demand for bitcoin is also rising as well, and also the amount of investors are pouring in, due to this the price of bitcoin also increases, and this is a good sign for someone who had invested in bitcoin while the price is still low.

The price of the bitcoin depends on supply and demand of the cryptocurrency market. If the supply of the bitcoin decreases and the demand increases; the price of the bitcoin will go up but if the supply increases and the demand decreases, the price of the bitcoin will go down. The value of the bitcoin depends on the people who are buying and selling bitcoins.

agree with you, I want to add indeed bitcoin when the market goes up higher, because bitcoin market is the first in other currency markets but when it comes down very drastically.

Since the law of supply and demand is considered as the backbone of market economy, it also applies on the volatility on bitcoin's price value. There are basic components of this law such as, of course supply which refers to how much is available in the market and the demand for the availability of a certain products or service. This includes the exchange of value, which balance the certain formulation that triggers whether the price of bitcoin will shoot up, or falls down.

Probably it is, the rising and dropping of value or prices of bitcoin is depend upon the demand of the investors that they wanted to invest. Since investors are keeping on rising too that's why the value also rising high too. And besides it is what the basic principle of bitcoin right, thats why it is hard to predict it's price because of its volatility.

The population of bitcoin is the one who is making the demands so high that is why the market is increasing the price of bitcoin because of its volatility also, we believe that the bitcoins price would go up to million dollars in 2038(just some rumor I've heard) but I'm hoping on it to happen because that would be great and will gives us a lot of profits for sure.

well, simply because of the law of the demand and supplies. If the supply decreased the demand increases and the price increase too, if the supply increases the demand decreased the price goes too. As simple as that.

The cost of the bitcoin continues expanding in light of various variables that makes the cost increments. One factor is a direct result of the request of the bitcoin that continues expanding. We as a whole know the law of interest that if the request builds, the cost likewise increments. Another factor is there are many individuals utilizing the bitcoin or put resources into bitcoin and that is another motivation behind why the cost of the bitcoin continues expanding. Ubiquity of the bitcoin increment the bitcoin requests and furthermore it advances the computerized money around the globe.

investors who is continues to using and increasing no. of people who uses especially bitcoin and other altcoin and type of crypto currency.
new way to payment and also money that basically it... and also the popularity of bitcoin getting in the year of 2017..
I am happy and amazed now hahHhahaha how power of money and bitcoin influences people and others hehehehhe

although the price rise a lot in the past years, it falls a lot, compare with altcoins, the amount of increase is really not very high in the last two years, many altcoins pumps hundreds of times, i think btc will continue to rise as most altcoins will disappear

The thing is that from the end of 2016 - beginning of 2017, not only "people in the subject" learned about the crypto currency, but also a large number of ordinary users. It's hard to say why this happened right now, but it seems to me that regular news about how the Chinese use bitcoin to withdraw money abroad bypassing government bans has played a significant role in the formation of bitcoin, and the systematic growth of the rate of the first crypto currency to $ 1200 - troy ounce of gold, which led to numerous discussions about the new risk-free asset. Further, the press began to pay much more attention to events in the crypto industry, which followed each other with astonishing regularity.

The price of bitcoin is rising so high because of the high demands of the investors ,
I think it is really increasing rapidly because of the growth of the numbers of investors .
Bitcoin is becoming more and more popular when it started and the price is increasing because yearly there are new investors who wants to be in the crypto currencies.

Oh that's something natural taking into account that last month had a very low price so now somehow is restored the balance, but we have to consider that Bitcoin is a volatile cryptocurrency so is a little unpredictable right now. Maybe that's the cause why the price grew so fast.

I have been analyzing the exchange rates for the past two months, and it looks like the momentum is quite subdued although there is a lot of volatility. The problem is that a lot of new users purchased Bitcoin in December 2017, hoping that it will give them instant returns. These guys don't have any patience and they are dumping their coins right now.

It's because of people joining the trend of buying Bitcoin which pumps the value of it overnight. Even though few months ago it's going low, now it's going back again and might reach $12k next month (?)

yes, it makes sense too, as more and more people who consider bitcoin will make it a success in the future, it will encourage those people to compete to buy bitcoin. with so many purchasing requests, it will pump the price of bitcoin becomes higher

As we all know bitcoin prices have dropped to 6,000, but bitcoin has steadily rebounded to bring balance in the crypto market. Bitcoin is becoming more and more popular as it starts and prices rise, and are attracted by large investors, and this is a good sign for those who invest in bitcoin while prices are still low. .

One thing for sure because of one thing that become the main reason why bitcoin rise too high and that is more demand and limited supply. This is always what happen when an item crash it is because of more supply and few demand. But when we refer to rise too high it is all about more demand and limited supply. The more investors come and buy more bitcoin then bitcoin will increase because too many demand. The investors will push to buy bitcoin. I really think that this is the reason.

Everything is very interconnected, here the price of course depends on the number of investors, the more of them, the higher the price respectively.

Bitcoin is highly volatile and depends on its demand in the market that is also the reason why bitcoin's value grows incredibly. It is not stable which makes its value swings suddenly, and is more reflective on how market works. The more people purchases bitcoin the more it grows, just like how its value grows to 10k usd from 6k usd in just months passed.

Yes bitcoin is extremely volatile due to its high speculative nature, however interest and demand for bitcoin is increasing across both retail and institutional investors. Bitcoin has a very promising future as more and more people see its value as a digital gold.

bitcoin prices soared because of the market demand so much so bitcoin prices will rise. Just as the purchase of gold and the like if buyers dare to buy expensive auto prices will rise. If demand decreases then the price will drop all this depends on the buyer's transaction.

I think because of the investment and the capital. The more the capital of a currency the more will be the price.

Price of bitcoin depends on its demand and supply. When the supply is high, the demand and price decreases, and vise versa. Factors such as trading, holidays, panic selling, etc affects its supply and demand, thus also affecting its price.

The price of bitcoin is rising so high because of the demand and the older price of bitcoin affects itself in which if the older price of bitcoin is higher then its next price will also be a higher than its original price.

Bitcoin price changes is depends on the supply and demand of the coin, So if many investors enter into the market means the more buyer of the Bitcoin and in this case the bitcoin value will rise more due to purchasing of supplies, That's why if the market has a dump investors looking for good position which other investors will buy more Bitcoins again and now they will enter again that's the reason why there's a Huge pumo on every dump.

Just involve in investing in crypto currency is not reference to say we are lucky.
We will be lucky if we can change our life from zero to hero because its very difficult to do if we are working in normal job.

Yeah that's really a good news for them who bought bitcoin in the lowest price because for now they actually get profit, what more if they hold it and bitcoin reach the highest price.

Yes it could be the reason for the promotion of bitcoin that bitcoin price is low right now and more people have become able to invest and to make profit, investment shows the interest of people for bitcoin so if people will take keen interest in bitcoin it will make it famous in the whole world and more countries are accepting bitcoin as a legal payment and it is allowing the use of bitcoin to be very easy, so price is increasing because of high investment at an international level now.

This question was sometimes pop up to my mind, and I think that bitcoin price rising so high because of its popularity. As popularity of bitcoin reaches so many countries it will result for a high investments and when it happens bitcoin price will increase and because of that also the demand will also increase.

Simple analigy,the price of bitcoin is rising so high because the demand is so high.There are plenty of people joining this crpto cause they saw the evidence that there are so many millionaire in bitcoin so they encourage to join thats why the demand is high the bitcoin currency is rising.

What really brought bitcoin to top is the institutional investors, this institutional investors includes banks, companies , advisors etc. Investors like them contributes a lot to bitcoin's price which we are seeing right now, the incredible risen of bitcoins value is really a game changing in the field of currency and somehow an investment.

Because investors realized that they can't really stop things that are inevitable to happen in the future like BTC and their billions of investment is pushing its price to go up.

The reason for bitcoin rising so fast or high is that many investors are now investing in bitcoin more investors are investing on it the higher bitcoin.Potensi Bitcoin is getting stronger because of the support provided by Investors who are willing to invest any value of Bitcoin.

Bitcoin value changes is relies upon the free market activity of the coin, So if numerous speculators go into the market implies the more purchaser of the Bitcoin and for this situation the bitcoin esteem will rise more because of acquiring of provisions, That's the reason if the market has a dump financial specialists searching for good position which different financial specialists will purchase more Bitcoins again and now they will enter again that is the motivation behind why there's a Huge pump on each dump.

Bitcoin is the first crypt o currency invented by Satoshi Nakamoto in 2009.Its positive features are a decentralized one so no government controlling authority over it and the transaction  between the buyer and the seller only. All such transactions are recorded in an electronic ledger with block chain technology.The business people all over the world are attracted to the bitcoin and they preferred to transact through  bitcoin so that they will be saving the huge processing charges and  time, By knowing the merits and de- merits of bitcoin more and more people are attracted to it and invest to bitcoin so its price is rising .due to the demand.

depending on week to week bitcoin prices can go down drastically or go up, we must monitor to invest not to go bankrupt and must see the sales results sharply.

because of the lack of external regulation and control from big banks.

Bitcoin  popularity demand growing awareness of the crypto market has all contributed to its unprecedented rise . The token is a store of value used to exchange for goods and services. Because of its continuously increases of demand in the world trade. Bitcoin is regulated nor is legal tender but it is popular and in high demand which drives prices.

Because Bitcoin has a large demand, and Bitcoin's supply is fixed, the value of Bitcoin will continue to increase.

Looking at the world, Japan has unconditionally supported Bitcoin, the European Central Bank has stated that it will not monitor Bitcoin, the United States Freelander Bitcoin continues to prevail, and South Korea has included Bitcoin in commodities. Bitcoin has become ubiquitous and has become so popular. Where does the price not rise?

It is precisely because the increase is too fast, so there will be a rebound, plus some distrusting Bitcoin holders to sell, resulting in greater decline, these are normal, there is no need to panic, the presence of Bitcoin will have value This is the idea of those of us who have confidence in Bitcoin.

The cost of the bitcoin continues increasing in light-weight of varied variables that creates the price increments. One issue may be a direct results of the request of the bitcoin that continues increasing. we have a tendency to as an entire understand the law of interest that if the request builds, the price likewise increments. Another issue is there square measure several people utilizing the bitcoin or place resources into bitcoin which is another motivation behind why the price of the bitcoin continues increasing. presence of the bitcoin increment the bitcoin requests and moreover it advances the processed cash round the globe.

The price of Bitcoin is increasing incredibly because of the total demands for Bitcoin. The more people buy or use Bitcoin, the higher the price of it will become. Bitcoin is becoming more famous because of its price. As bitcoin becomes more popular, people's interest will increase and yet drive the price higher.

That's simply because people are buying bitcoin today compared to the day when bitcoin was launched. It's the demand of the people that's making this bitcoin's price to rise and fall drastically.

there are so many reason why the price of bitcoin rising so high the important one reason is that the popularity of bitcoin and the demand of bitcoin towards the people it attract the people very much towards it's self which affect the price of bitcoin . The up and down always take place with bitcoin some the price of bitcoin is rising and some time the price of bitcoin is decreasing it depend on the condition of the bitcoin . It depend on the luck of the people

The market demand of a commodity is the most important factor that decides the ultimate price of the commodity. It is a fact that people are taking more and more interest in bitcoin and complete crypto market with every passing minute. The internet and social media is now talking much about bitcoin and the digital currencies. People are realizing that these currencies are easy to use and earn for good life.

That doesn't necessarily apply to bitcoin and crypto entirely though. Prices can be influenced not just by demand but by manipulation and speculation. Like right now. It's far from rising and most are simply staying on the sidelines waiting for whatever movement bitcoin will make. And the drop from 20k to less than 7k in a few months won't help in increasing the demand so its rise would likely be determined by whales before people jump in

Right - all this hype around cryptocurrencies and Bitcoin has created a great demand. People rushed to buy BTC, even overpaying for the coins. Now the demand is not as high as it was before.

The price of bitcoin rising so high because, it is a lot of interest in it and more people are willing to make money easier. Also the price is connected with the trust of the users and now the users are increasing day by day. This is what happening with Bitcoin.

and maybe they don't want to be late to follow the other people to make money because they read on many news that bitcoin come to us and help us to make money. and the demand of people which buying bitcoin still high, it will attract the price rising so high and once the people need money, they will sell the bitcoin and makes the price is down and even it will down too far. but the price will increase again after the fallen and people still want to buy and sell to make more money.

Bitcoin and alternate currencies' market value is defined by the demand of the people. Surely, bitcoin's market value has risen so high because it's already the mainstream and more and more people are investing on it already.

Apparently Bitcoin is an air bubble, and the whole log of its price is only artificial. Since people invest in Bitcoin, its popularity is growing and demand in the market is also increasing. Based on these indicators, the price can not stand still and therefore rises, too.

The price of bitcoin rising so high because, it is a lot of interest in it and more people are willing to make money easier. Also the price is connected with the trust of the users and now the users are increasing day by day. This is what happening with Bitcoin.

As a relatively young digital currency, Bitcoin voluem is still very small when compared to other assets such as gold, let alone conventional currencies like the US Dollar. Well, because the volume of Bitcoin is not much and the circulation is not evenly distributed, the movement of Bitcoin is very sensitive to the actions of its holders. When a person buys or sells Bitcoin in large quantities, then the price can instantly move extreme. If in the future the volume of Bitcoin is increased and the distribution is evenly distributed, then the volatility will slack off by itself.