Why bitcoin is going up to 8.6K?

[ammo-reloaded]

We will likely see much higher prices - 12K USD by the end of this year is not far from reality.

[KaliLinux]

Hi guys, im looking information on internet but i cant find nothig about why the BTC it's going up so fast to 8.6K.
Somebody have news about this.
Thanks

As you can observe the bitcoin is most trusted and users are getting increased day by day i mean the investors. And transactions good. And the major reason is upcoming fork. Also if any big investment in bitcoin is the news then the price gets high.
It will get to the peak if the hard fork is close to the time.

[konfuci]

Nobody can answer, but, look at this forum, around 30m visitors every month.
Look around, everybodys talking about bitcoin.

It's getting more and more trusted currency, huge investors are investing in it, demand is increasing, so the price do.

[batang_bitcoin]

Hi guys, im looking information on internet but i cant find nothig about why the BTC it's going up so fast to 8.6K.
Somebody have news about this.
Thanks

No one can tell you the real reason behind why the price of bitcoin is going up. I've been asking also before on how some dead coins are pumping but I'll give you an hint on this thing, the price are increasing for bitcoin is because there are a lot of people that are keeping it alive and keeps on buying. In other words, it's demand is greatly extending and keeps on growing so the result is like that.

I agree, bitcoin is really unpredictable and you couldn't really conclude whats behind over that. But if we have to pinpoint with our speculations or insights, well I can say that its due to the uprising demand of digital currency investments amd with people's contributions worldwide. Nowadays its becoming a well known currency and people were very agressive to become part of bitcoin community.

Because just recently get in to $9,112 as of the moment and the price gets higher and higher. The demand of bitcoin is really increasing and this is the reason why the price is also increasing that's the effect of bitcoin getting on the mainstream. Mainstream news are covering and giving people an idea on what bitcoin is by putting it to their flash screens together with the price.

[Ewox]

Nobody can answer, but, look at this forum, around 30m visitors every month.
Look around, everybodys talking about bitcoin.

It's getting more and more trusted currency, huge investors are investing in it, demand is increasing, so the price do.

I agree with you and probably because of Bitcoins current demand especially now that Bitcoin is widely popular. My mom even knows what Bitcoin is and heard it on the news as well so most likely, not just investors are investing in Bitcoin but also regular people just like ourselves; if you put all the amount altogether it'd be worth the same as those investors are investing too.

[bocyaj]

Hi guys, im looking information on internet but i cant find nothig about why the BTC it's going up so fast to 8.6K.
Somebody have news about this.
Thanks

As you can observe the bitcoin is most trusted and users are getting increased day by day i mean the investors. And transactions good. And the major reason is upcoming fork. Also if any big investment in bitcoin is the news then the price gets high.
It will get to the peak if the hard fork is close to the time.

All the people in this forum know the reason for this.Only the belief in bitcoin and increase in the investors day to day reason for the reach this much.Now the price reach the value of 8600$ and this is not a permanent it will move to the next peak of 9000$ and it will reach 10,000$ in this year end .

[MotulDiesel]

Its seem that nobody can tell you the reason detaily. Bitcoin's price depends on many factors such as fluctuation of market, world economy and trend. Moreover, bitcoin is more popular and trusted by many people, you can see the number of people who want to find out what bitcoin is and want to earn money from it. Bitcoin will be much higher and will be stable in furture so everybody want to invest in it, that why bitcoin going up !

[rhamzter]

Its seem that nobody can tell you the reason detaily. Bitcoin's price depends on many factors such as fluctuation of market, world economy and trend. Moreover, bitcoin is more popular and trusted by many people, you can see the number of people who want to find out what bitcoin is and want to earn money from it. Bitcoin will be much higher and will be stable in furture so everybody want to invest in it, that why bitcoin going up !

Bitcoin value now are playing into the $9000 to $9500, I think before end of the year bitcoin value are in the road of $10,000 or above. In my opinion its better to invest now in crypto currency because price of this bitcoin in the market are not stop increasing. Lately I was invest high amount in bitcoin because in my sight their price not in the market will reach $10,000 before end of this year.

[John777]

Hi guys, im looking information on internet but i cant find nothig about why the BTC it's going up so fast to 8.6K.
Somebody have news about this.
Thanks

Popularity and advertising increase demand, but demand creates supply. People do not even think about the price, about what might be in a month or two. The main thing to buy is in a trend. Even the altcoins began to grow, but this is already a good and rare case.

[SirLancelot]

Hi guys, im looking information on internet but i cant find nothig about why the BTC it's going up so fast to 8.6K.
Somebody have news about this.
Thanks

As you can observe the bitcoin is most trusted and users are getting increased day by day i mean the investors. And transactions good. And the major reason is upcoming fork. Also if any big investment in bitcoin is the news then the price gets high.
It will get to the peak if the hard fork is close to the time.

All the people in this forum know the reason for this.Only the belief in bitcoin and increase in the investors day to day reason for the reach this much.Now the price reach the value of 8600$ and this is not a permanent it will move to the next peak of 9000$ and it will reach 10,000$ in this year end .

High demand of bitcoin cause the price to climb the 9000 dollars and this will continue until 21 million bitcoin will not be occupied by the users and on that time price will stay at the stable level and them selling and buying will not give so much rise or fall until this low and high game will continue to give people profit as well as soon bitcoin will be accepted as currency also and that will also increase demand and price.

[wildflower18]

Hi guys, im looking information on internet but i cant find nothig about why the BTC it's going up so fast to 8.6K.
Somebody have news about this.
Thanks

Popularity and advertising increase demand, but demand creates supply. People do not even think about the price, about what might be in a month or two. The main thing to buy is in a trend. Even the altcoins began to grow, but this is already a good and rare case.

The btc is going up so fast that the reasons up the price hit huge because of many had beleives in bitcoin. There are many people really amaze about for the price suddenly increase. Yes also the popularity the reasons that btc going up.

[jostorres]

Hi guys, im looking information on internet but i cant find nothig about why the BTC it's going up so fast to 8.6K.
Somebody have news about this.
Thanks

Popularity and advertising increase demand, but demand creates supply. People do not even think about the price, about what might be in a month or two. The main thing to buy is in a trend. Even the altcoins began to grow, but this is already a good and rare case.

Exactly, The one reason which is resulting in this much increase in the market value of bitcoin with every passing moment is none other than that of increase in the demand of bitcoin in the international market. Bitcoin is indeed the best way of making money and that more people are getting to know about bitcoin. Bitcoin holds a very bright future and it will change the lives of its investors.

[krayzie32]

I think it goes up quickly because of the FOMO affection. It means when Bitcoin rises a bit. Many investors will be scare that if they dont buy Bitcoin now, they will lose the profit. Finally, the demand is too high leads to the fast growth of Bitcoin.

[popeye95]

You have a valid question regard to bitcoin's price. Now, it hit around 10k more or less and look like you question is become more relevant in this situation since there is a massive drop just from a news.

[dieselmeister]

Bitcoin price go up so fast because there are many good news recently. Many financial corporations will invest in Bitcoin future contract.

[Kemarit]

Bitcoin price go up so fast because there are many good news recently. Many financial corporations will invest in Bitcoin future contract.

Actually bitcoin has already grown more from $8600 to $11,000 in the past days. What drove this madness maybe attributes to the CME and Nasdaq future rumors. I think by now almost all of us know that bitcoin is driven by speculation and that news really bring bitcoin to all-time-high which is good. However, we have seen a price correction today, bitcoin retracting to $9200-$9300 levels after "stabilizing" at $10,000. The question is, should be any news that will come out to push the price again to another level? I think so, its early to tell at this moment, because we have seen crazy price swings lately. But it ever there is a new positive news, then bitcoin price will skyrocketed again. So forgot about the $8600, lets look at it at $10000 and see where it goes.

[liuqi]

Bitcoin price go up so fast because there are many good news recently. Many financial corporations will invest in Bitcoin future contract.

Now bitcoin is over 10k in this time we discussing here in the thread which speaks the bitcoin is after 8.6k USD. Simply wasting a time to discuss it. Since the bitcoin growth is bigger than any stock in world now many people are now focusing on bitcoin and I think that we are getting the huge amount of adoption in the chart.
We will find the price growth more than are seeing. However, satoshi's dream came to earlier.since his expectation is to touch on 2020.

[neonshium]

people are more invest on bitcoin. this is one of the main reason to rise btc. but i am also confused about that. when the price stability come!

The high market demand of bitcoin is making it increase in value this much. This is market law that with the increase in demand of a commodity, the price of the commodity increases automatically because in the way the producers are going to enjoy their profit form their product.

Bitcoin is highly popular these days and everyone wants to make maximum out of this currency. This is the basic reason for increase in its value.