Bitcoin Forum

 ??? As we all know, the recent 2 months, BTC has risen to $15000 quickly. This never happened is the past. How to explain this phenomenon?

Any asset including bitcoin, usually increase or decrease based on the demand supply ideology. While other assets are strictly monitored and controlled by a regulatory authority, bitcoin is not regulated by anyone. It is mostly the raw reflection of public sentiment worldwide. Bitcoin supply is limited, so if the demand stays robust, investors will be willing to pay more for a bitcoin and that increases the price. Now if some big investors start booking their profit by selling in heavy amounts, that increases the supply in the market but demand stays the same. So that decreases the price. That's the basic method.

Bitcoin price is increasing because some big corporate companies have announced their adoption plan. SO people in crypto community are now bullish about it and they are accumulating heavily. If you check the market cap growth, you will understand that. This positive vibes around the market is keeping the bitcoin price high and rising.

There is only so much Bitcoin that will ever exist, every day less and less bitcoins are being “mined”. Unarguably, bitcoin is very popular, which creates more demand for it. The supply however, is limited. That's were the basic principles of Supply and Demand come on.

You want a bitcoin, I want a bitcoin, and someone else wants a bitcoin, but there is only 1 bitcoin. Which means that in order for you to get that bitcoin you need to pay more than me and the other person that wants a Bitcoin. There is more demand than available supply.

There are now many companies that are joining bitcoin and investing a lot of money into crypto currency, chinese government ban bitcoin exchanges in their country and miners are having a hard time, demand for bitcoin has drastically been increasing as of now.

it's because of the demand , maybe not for bitcoin itself but it's obvious that crypto has gone popular these days
you can't get crypto currencies unless you have bitcoin first , which leads to big demand for bitcoin

also there is the greed factor , people these days are keep hearing that bitcoin is going up everyday and of course people want to make money so they jump in  :)

Traders and Big whales are the responsible for pumping and dumping Bitcoin and the other reason would be Bitcoin low supply and people want to buy it then the demand is very high so that's what Bitcoin become the only intangible Gem of the internet that is more very rare and very expensive.

It is just a simple example of the law of supply and demand, once the demand goes high you need to have more supply but since bitcoin has a finite supply the the price will go high to meet those demands.

the reason bitcoin rise or decline the price its because thats is the part of currency movement, if the volume of demands goes high also the will price increase, if the demand are down the price decline, i think the reason of bitcoin movement in the marketcap.

This post explains the rise and future fall of bitcoin
https://bitcointalk.org/index.php?topic=2530391.0

Bitcoin demand is increasing in all the country. Most of the companies and competitors are like to invest in Bitcoin. So demands are increasing day by day this also one of the reason to increasing the Bitcoin value.
It is decentralised cryptocurrency so no restriction, controlling and monitoring the asset. This is more secured and easy to handle in anywhere.

The price is manipulated by koreans exchanges, this is a closed bitcoin circuit and pumping bot in a closed yard.
A small country with an average GDP makes 70% of the turnover of all exchanges for btc, yeah sure.

The increase and decrease of the value of bitcoin is due to the demand for it and the number of investments on it, so basically if the demand for it is high the value increases and if the demand for it is low the value also decreases.

There is only so much Bitcoin that will ever exist, every day less and less bitcoins are being “mined”. Unarguably, bitcoin is very popular, which creates more demand for it. The supply however, is limited. That's were the basic principles of Supply and Demand come on.it's because of the demand , maybe not for bitcoin itself but it's obvious that crypto has gone popular these daysyou can't get crypto currencies unless you have bitcoin first , which leads to big demand for bitcoin

bids and offers on exchanges, as well as offline transactions

While Bitcoin is over use,Even if their need increases,Their price will be fluctuating.

Offline transactions? How can it be done if it's offline? or you mean the peer to peer transactions? Buy and sell orders are the ones that are affecting the price, when there are too many people that bought bitcoin then that will fluctuate positively and when there are too many traders who will sell their bitcoins then that will result to the price decrease. Just apply the law of supply and demand.

Private puchases off of exchanges which either utilize or not utilize the blockchain - for instance I hand you my trezor.

I think the sudden movements of bitcoin is due to its ever increasing demand. More people are investing to bitcoin right now which makes bitcoin in demand further increasing its price in the market.

Many more people are getting interested and are now entertaining the use of bitcoin in their compant because now they see the full potential of bitcoin which can benefit and take as advantage in the business industry especially when they see that value of bitcoin  on the rise as compared to the previous year.

Well can all observe how btc has penetrated mainstream news nowadays and that brings awareness to people. Popularity brings demand and the more people wanting to buy in, the higher the price gets. Then these same people who rashly bought due to trends panic when they see a little dip.

Thats because Bitcoin is completely decentralized, so the buying and selling of Bitcoin is totally dependent on the community. There is no panic holder for bitcoin, meaning that it will and can drop to as low as you want, however on the contrary can also rise to as much as you want.

Usually bitcoin only falls when word of FUD comes around to the light headed and inexperienced traders who sell out of panic. Also, the same can be said when people or bitcoin whales start dumping their stash.

The reason for rise includes:
- Sudden spike in the number of investors who came in watching others investing in it due to the surge that was taking place slowly already.
- Media boost that helped Bitcoin go mainstream.
- From $1k to $20k, it surged to more than 2000%.

Now, let's talk about decline:
- Think of it as a correction because there can't remain positivity all the time, and so does negativity.
- Don't take it as a drop after the price spike, take it as a dip from the ATH, it didn't even go down 50% after rising 2000%.

The price of Bitcoin is driven by the community. Meaning it could increase or decrease depending on its community. That's the reason why Bitcoin is so volatile in nature. The swift increase in Bitcoin's price would the due to the exponential growth of its user and its demand. We cannot argue about Bitcoin-awareness being spread fast via mass media and social media. This have a big impact in Bitcoin's price. Thus, quick increase.

There are really time for pump and dumps, and thus we see bitcoin value arises and fall , we just know that we should have stick on what we really want for that coin, whether to hold it first. i believe bitcoin will still arise no matter what, it may just take time.

As I can assess to this with regard to bitcoin because of demand and support from the users itself. The bitcoin price eversince is uptrend and downtrend. It may usually decrease or increase but once you ride with it you can get benefits of.

What you are witnessing currently can't be compared to what you saw in early 2014 when it crashed from $1100 to $250 in no time after the pump was injected.
Things have now changed a lot because we didn't see it breaking back hard (in other words, crash) suddenly but there were reasons this time for its rise as well as fall too. It'll rise but we need to stay focused on the problems that are rising too with its adoption, else do you think it will really keep up with the demands of the market?