The best reason here is that, bitcoin's price depends on the demand and supply thing. The higher the demand, higher price, low supply, high price.

Just think of it, bitcoin is predicted to pump to $10000 so there will be a lot of people who will be buying bitcoin and hold it in until the pump, that means the demand is increasing proportional to the price. That means that if we can see the price continuing to increase day by day, it means the demand is pretty high and a lot of money is being put down into bitcoin.

No, because bitcoin is not control by the government. Bitcoin is peer to peer electronic currency that is fast and decentralized, it's owned and controlled by the people around the world not just one country. Government will only impose local restrictions which you can bypass it with simple vpn.

Bitcoin Price Reaches $8,100, a New Record High


Bitcoin price has struck a new all-time high of $8,100 during Sunday’s trading, continuing its rally from the previous Sunday’s lows.

The world’s first cryptocurrency has hit a new record high of $8,100 (Bitfinex) as its resurgence from last week’s decline to $5,500, continues.
Sunday began with bitcoin trading at just under $7,800 and stuck under the ceiling for most of the day. At 17:15 (UTC), prices jumped above $7,900 in a 15-minute trading period. The swell turned to a spike which ended with bitcoin striking $8,100 at 18:15, a gain of over $300 in an hour.

At press time, bitcoin is trading to the dollar at $8,065.

Data from CoinMarketCap shows bitcoin now gaining 31.7% in a 7-day span. The previous Sunday’s decline was caused by a major sell-off by investors who shifted to offshoot cryptocurrency Bitcoin Cash, a trend that has since been reversed.
Overall, the total value of all mined bitcoin sees the market cap of bitcoin, the world’s most prominent cryptocurrency, and reach above $134 billion.

Data from CoinMarketCap shows bitcoin now gaining 31.7% in a 7-day span. The previous Sunday’s decline was caused by a major sell-off by investors who shifted to offshoot cryptocurrency Bitcoin Cash, a trend that has since been reversed.
Overall, the total value of all mined bitcoin sees the market cap of bitcoin, the world’s most prominent cryptocurrency, reach above $134 billion.

 

Is this the moon? Can it still go forward in such a short amount of time?

Bitcoin in the future we do not know it; estimated to grow tall, or blocked by the state.

Its not number in volume by any means. Please correct your facts please.

i think bitcoin is the best but dont underestimate eth because i think a few years this will be similar to bitcoin,i can predict it because see the price of eth now and the exchange matters it going so wide and a little more i think its will be similar in bitcoin

Trading is a good way. Setup an account on an exchange and buy a little of a cryptocurrency you are interested in. Study the charts and try to buy in a dip of a popular coin. Once you bought a coin, set a sell price a bit higher enough to offset your trading fees and to make a small profit. Rinse and repeat until you grow your stack. Just remember to buy low and sell high.

Of course, if you think it will increase, why not buy? Of course, it's not like buying at around the $5K level, but if it increases then you are still making money. I don't see any reason not to buy.

October 29, 2017 Bitcoin price ranges from $6,000 - $6,100 and today, bitcoin price is now $7,000. Are you surprise?

I think, if only those people who planning to invest in bitcoin manage to notice this sudden increase. I think there is a high chance that they will start investing.

Altcoins are the best option to more in the short time so that is why i prefer to invest in altcoin, You have good option to more from digital world is earn from Bitcoin and Altcoins also.