Bitcoin Forum

Why bitcoin rising up and down?
can any person tell.

there is only 21 milions Bitcoin in the world
So the many people use it the price is rasing that much
And in the near future bitcoin will get on the wall street so the price is still raising

good job, your knowledge well be appreciate, that is the reason to rising up and down.

But how many bitcoins have been mined so far?

http://lmgtfy.com/?q=how+many+bitcoins+have+been+mined+so+far%3F

Bitcoin price rapidly goes high, it is because many people buy bitcoins and there are lots of investor. I think it will slow down when there are people that will sell bitcoins. Some said that bitcoin has 21 million of coins and 16 million of it are circulating as of now. I just want to ask that why is it the price goes high eventhough there are a great of supply?

Supply and demand factors. Buyers psychologically affect much to increase or decrease. I am intending to invest, but until now, have not made the final decision

Its because of the supply and demand of investors and users of bitcoin the reason why the price of bitcoin rising up and going down.Bitcoin now is more popular than before it rapidly growing now because many people interested on it.

Bitcoin rises up and down due to some  reasons like,there are more bitcoiner people in the world thats why bitcoin rises up and bitcoin going down because  other people don't know the importance of bitcoin.

supply and demand...basic concept of economics

low supply and high demand = high price

high supply and low demand = low price

all about the demand, its xmas season so more people gana buy, so more people are going to jump over to bitcoin for ease of purchase and the fact that it grows in price making their money worth more.

its all about supply and demand

It was rapidly grow because of the users and  demand who invest on bitcoin so that it increasing more and more.And its the supply and demand really affected the price of bitcoin,going down or going up .

because bitcoin is one of the coins used in the digital world, where people will buy coins with our world's money and maybe that's where bitcoin sales happen, where as many people buy bitcoin where bitcoin will go up and where bitcoin sells it will go down.

This is awesome!!  ;D

What is Heisenberg's Uncertainty Principle

https://en.wikipedia.org/wiki/Uncertainty_principle

It's already part of the industry. Like any other players in the market, they normally depend on the supply and demand which is the basic factor why the value of a certain player consistently change.


To sum up, the whole concept of the law of supply and demand. Also, there are outside factors that affect the value of Bitcoin, such as; News (Fake or Real), Public announcement, Government bans, and etc. That causes or contributes to the volatility of Bitcoin.

Haha, I like your demand and supply answer to this question  ;D

the bitcoin price movement is volatile, depending on demand and supply in the market. besides the fundamental issues related to bitcoin legality also affect.

Info like this is useful for beginners like me .. so by reading this thread a lot of answers that ad in my mind.

it's because of supply and demand if many people have more interest in bitcoin the value price of the bitcoin currency will affected too and i think the price also set by a seller and a buyer.

Most exchanges charge maker or taker fees (depending on order book liquidity at the time of transaction and the time it takes to fulfill the transaction) of between 0.2% and 0.5% for bitcoin trades.Given bitcoin’s skyrocketing prices, that is a far more profitable transaction for users as compared to paying $21.50 in transaction fees to buy a $4 cup of coffee using bitcoin.

Because the price is depending on the trust of investors. More investors , more money will equal with high price. Losing investing money and investors are leading to the low price.

That's the common growth pattern that bitcoin has been experiencing from the beginning. If you look at the price chart the growth always happens with some price moves happening forward and backwards. Each and every time the end result will be reaching a value bigger than the one around which it is fluctuating for a longer time period.

It is still in its early phase and just like any other currency, it is volatile. I guess that better explains it. Every currency have this pattern and with bitcoin increasing in value everyday, there is always bound to be some little corrections which helps to show a healthy system.

The price of Bitcoin is defined by demand and suplly.
If we deeply analyze Bitcoin value since its appearance we will notice that the value rises when more people buy bitcoin and as we all know the number of available bitcoins is not enough sufficient which make its price so high.
Another affective factor is rumors and what known people proclaim about bitcoin. If someone well known says that Bitcoin is a fraud, the value will be  significantly affected.