Bitcoin Forum

I think one of them is China that make bitcoin rise CMIIW.

http://www.coindesk.com/bitcoins-price-rise-explained-by-industry-insiders/

The rumors and various articles give as a main reason the increase of demand from China. The price in their exchanges was higher than in the other important ones in the world since 2-3 days before. Then this demand was spread in all those. Maybe there must be even some speculation but it would be only a few. The hope is that was the spread of bitcoin (in China) and the need of the people to have some bitcoin or even to have some more. But can be even the aim to transfer out of China big amounts of capital in bitcoin. In few words the sum of all the above and (who knows) even other unknown factors or histeria moments of the bitcoiners.

Apart from demand from China its halving coming in several months when the price will be around $500 IMO and stabilizes there.

EDIT: And the price has dropped because of this I think:

http://www.coindesk.com/bidder-turnout-low-silk-road-bitcoin-auction/

Supply and demand..
When supply better than demand (BTC sell more than BTC buy), the price will drop for a bit until it match the demand (buyer) price.
And when supply less than demand (BTC sell less than BTC buy), the price will going up until demand become normal again.

We talk about big market around the world. I don't know if some of big whale controling the price or not. But when a lot people hold BTC, the Big Whale itself cannot manipulating the price again.

I would say one of the major big whales dictating the price of bitcoins are the Chinese themselves.

its have so many factor,but generally,bitcoin price will go rising when demand>Supply,bunch of whale do pumping, and big event or anything surprising happen to bitcoin just like halving
and the main thing, its all depend to the market and buy-sell activities

Many factors contribute to it's rise but most of them are unforseen.

so when you are talking about the increase in price of Bitcoin, you must know there's only 3 ways a price of Bitcoin can increase.
1. It's obvious that China is behind these pump. Because its population is huge! if everyone just buy $1 worth Bitcoin, it would be more than 1 Billion USD worth! so yeah... China
2. the halving - the hottest and never obsolete topic when talking about the increase in the price of bitcoin. I don't have much to say as everybody said a lot about it already
3. It's just some casual pump without any reasons at all or maybe because people suddenly want to buy more???

Big players are starting to fill in their stash for the halving. ::) That's why we reached 450$+

So many factors that influence both supply and demand that it's hard to tell IMO

In my opinion, increased demand from China coupled with some investors picking up cheaper coins before the halving has primarily driven the price as high as it has gone, and chances are it is other investors propping up the price right now.

The cause of the bitcoin price rise is its high demand of buyers, the more buyers if is there then the value of it will be more and the sellers will sell it at high price and so we will see the result of it as high value bitcoin.

I am more concerned to figure out what causes bitcoin prices to fall after it reach certain point.Every time bitcoin price go up,it start falling just few days after.It can't be simple demand and supply gap

It's like a game. Whales buying the price up and people get happy, and other whales dump the price down to secure profits and people get unhappy.

If you know how to ride these waves you will make a decent amount of profit.

The pump that's happened in these past days is because people are starting to fill in their stash. Basically, getting ready for the big pump in the future. :)

These days who knows what increases its price. 

I think the cause of pump is the people buy bitcoins and use its. like the demand and the less of bitcoin the more it will be demand and the price per bitcoin will rise. And lets apply tradings the more buy the more it pumps i think thats the factor will bitcoin prise rise and as we can see now. Let see the future price rise.

We could say human greed causing price to rise.
Demand and supply determine price, but demand can be created with opportunity. We can see people investing in something they expect to have earnings from it.
What is difference here? Nobody actually know what is highest and what is lowest price, and this confusion can lead us to more rise. Perfect place for speculators!

That's basically what I said. I just said it in lesser words. ::)

if people just take the effort to read more than only the title they would have noticed the date this thread is created. at that point it was mainly due to the mmm ponzi that people in china were buying the price up like there is no tomorrow. that's it.

The cause of this increase is because people are buying more bitcoins while the price is still not that high to achieve more profit by hodling and getting ready for the result of the halving in less than 3 months which the price might hit $1000 in the future

thats true, people are buying like crazy at the moment and these trends will continue for a while in my opinion thus allowing us to make some good profit in the near future

i think that the incoming block reward halving will be the key and it will allow us to make some decent profit in the nexxt few months though thats just a prediction and anything might happen to be honest

This slow rise is only manipulation, but will be ended with appropriate correction. You can be sure when real pump starts it will be pumped 100$ in few hours.. This s regular weekend pump,nothing more.

I believe the price is based on the running technology. Not every weekend we had a big rise only after continuous increase its been experienced.

The cause of increasing the price of bitcoin was the cause of coming bitcoin halving in june, because many investors will buy and hide their btc so in the bitcoin halving many btc are stocked so in the market the supply will goes down if the stocked is decreasing,  the price of bitcoin get high

People start to use Bitcoin more and more - demand go up and price too.  ;)

The increase in the price of Bitcoin can be caused by many reasons. If people are buying more coins and spending less there will be a demand for more coins so the price will go up and vice versa if people are spending a lot of coins and don't buy new ones the supply will be much more than the demand and the price will go down because the market will be flooded with coins. Publicity can also push the price up or down for example the recent news that Valve is going to include Bitcoin in Steam had a positive effect on the price and honestly I think Steam was the reason for the $455 rise.

also there are some issue about halving so more people will looking for bitcoin and hold
This will give positive attitude for bitcoin adoption and market since they are already known world wide !

Steam of all things caused the rise of bitcoin price to $5?  :D
I think other contributing factors caused this spike up in price of recent events not a video game service.

haha, actually i think it was effective. because it is a huge news and since it is not yet actually happened and steam has only announced it the rise was small and when the actual thing happens meaning when steam adds bitcoin accepted here option the price will go up much higher.

but the rise has a lot of other factors too. like the fact that halving is getting near and also the accumulation phase coming to and end because whales are satisfied which what they have accumulated, and many more that were mentioned in other comments.

Yeah the first thing is the demand, when lots of people starts using bitcoin automatically the price increases.
The other is the block reward halving, due to this we can see a continuous price rise and good adaptation.

Either it is some big time whale group who is pumping the price again, or it is actual demand from new investors
Looking towards the steady rise i expect the latter.

more people are getting confident in bitcoin, less FUD about scaling.

more buyers means higher price.

I think the high demand and people selling it at high price because of its demand, that is the cause which is going to increase the price of bitcoin. when everyone sell their coins at a high price then the price will definitely increased everywhere.

Just as many users said, the biggest factor that affected the price of bitcoin is the supply and demand.
Currently, there is a really high bitcoind demand in China and that's what's affecting the price.

For me it seems some new money is coming in. New investors trying out bitcoin as an investment. In the past the rise was very big (whales)
but the last couple of weeks this is started so this time it is real.

So i expect that the rise in price will hold and not like last time comes crashing down again.

Not only in China, but it's more the block halving effect that is getting in the heads of investors everywhere around the world. If this will continue till the block halving, then the coming months will be more than profitable for a lot people here. :D