Nobody is talking about the reason for this rise!

[20kevin20]

It's probably India and Trump. People are always investing in anything else but their local currency when they don't feel safe about their country anymore. In India, the price for one Bitcoin reached $900 a few days ago. That's huge, and will probably be influential for us too: the price will rise.

[FruitsBasket]

It's probably India and Trump. People are always investing in anything else but their local currency when they don't feel safe about their country anymore. In India, the price for one Bitcoin reached $900 a few days ago. That's huge, and will probably be influential for us too: the price will rise.

The price rise is because of India their currency is becoming worthless and people are scared for that so they exchanged their money to bitcoins so their money wouldn't become worthless in the near future. Bitcoin is getting more and more popular, I am sure we will see 1000$ per btc really soon.

[vasrasus]

all i see is either people who missed the rise and now crying and wishing for a dip. or i see others who are singing moon songs.

but nobody is talking about why price has been rising, so please share your thoughts here about why the rise now?

is it
- Trump
- China
- SegWit
- India
- random?...

None of the above. I just thought its because of the season . Christmas season i think. Haha anyway it is also because the dollar value is in a bigger value now than before the last time i chech it goes 49 in our currency before it is only 43 , still its incteasing but really i thought because of the season things seems easy and fun when Christmas is coming.

[alyssa85]

It's probably India and Trump. People are always investing in anything else but their local currency when they don't feel safe about their country anymore. In India, the price for one Bitcoin reached $900 a few days ago. That's huge, and will probably be influential for us too: the price will rise.

It is India, because they are swapping out their old notes and some people are trying to put their money into gold and bitcoin instead.

Trump isn't an issue - and the Federal reserve is certain to raise interest rates in their December meeting, which will strengthen the dollar. If the dollar goes up, bitcoin will drop, so take a modest amount of profits before the Fed meeting.

[Red-Apple]

It is India, because they are swapping out their old notes and some people are trying to put their money into gold and bitcoin instead.

that is also what i think but i don't say it is the only reason for the rise but i say it is one of them. the others are the Trump and China buy ins that is causing this rise.

Trump isn't an issue - and the Federal reserve is certain to raise interest rates in their December meeting, which will strengthen the dollar. If the dollar goes up, bitcoin will drop, so take a modest amount of profits before the Fed meeting.

nah, that doesn't sound right to me. because first of all with Trump at work i doubt dollar can drop that easily and even if it did you are forgetting the effect of the rest of the world on bitcoin specially effect of China!

[crairezx20]

It is India, because they are swapping out their old notes and some people are trying to put their money into gold and bitcoin instead.

that is also what i think but i don't say it is the only reason for the rise but i say it is one of them. the others are the Trump and China buy ins that is causing this rise.

Trump isn't an issue - and the Federal reserve is certain to raise interest rates in their December meeting, which will strengthen the dollar. If the dollar goes up, bitcoin will drop, so take a modest amount of profits before the Fed meeting.

nah, that doesn't sound right to me. because first of all with Trump at work i doubt dollar can drop that easily and even if it did you are forgetting the effect of the rest of the world on bitcoin specially effect of China!

I think there is no connect from bitcoin to dollar if trump will work to strengthen the dollar and i think bitcoin will be much more stronger if it will happen..
For now i do not see any news about bitcoin and i think this is just a normal price rise..

[Hellacopter]

There is indeed many factors which cause the rising of the Bitcoin's price right now. But i think it will continue to rise again in the next few months.

[maku]

I think it's the terminals, they're making more ways to get Bitcoin from stores lately.

Nah, terminals are very minor local thing. Totally insignificant in the global aspect, they could push price upward when they reach massive numbers.
For now they are more like glorified wall ad banners with Bitcoin symbol - which is still perfectly fine thing.

[Ayers]

all i see is either people who missed the rise and now crying and wishing for a dip. or i see others who are singing moon songs.

but nobody is talking about why price has been rising, so please share your thoughts here about why the rise now?

is it
- Trump
- China
- SegWit
- India
- random?...

add switzerland bank who begin to accept bitcoin , and christmas which is coming soon, then all this can make other people buy and those people will make many other buy because they see the price increase etc.. and you will have the current pump, it look this way to me and it make sense

[wuvdoll]

There is no such talk because the price of bitcoins increase in this time of the year, you can see the graphs for last year .. the price will keep of increasing slowly until it reaches 900$ or 1000$+ and then slowly starts getting low, so easy to make some profit but only in hindsight.

[CoinCidental]

all i see is either people who missed the rise and now crying and wishing for a dip. or i see others who are singing moon songs.

but nobody is talking about why price has been rising, so please share your thoughts here about why the rise now?

is it
- Trump
- China
- SegWit
- India
- random?...

Bcoz honey badger don't explain himself to Nobody! 
Honey badger do whatever the fuck he feels like! 

[Barbut]

All the things OP mentioned are effecting the price, but news that I recently heard about countries buying enormous amounts of bitcoins for possible ransom request seems like very good reason for price increase. In this case demand goes to high to sky, who knows how much bitcoins they are buying everyday.
Also this can be seen from another angle, now we have countries that are holding bitcoins. Is that affecting the price this days, fact that there is big players on the stage right now, and practically its official with this news.

[davinchi]

another reason why bitcoin might increase further.... https://cointelegraph.com/news/bitcoin-on-boulevard-25-shops-in-paris-ready-to-accept-bitcoin-for-payment

if more and more businesses adopt and accept bitcoins, I can't find any reason why it won't increase further....

Actually this made me emotional, I have seen a  dream of bitcoins accepted wordwide and such news could be awesome for the dream to come true. Seriously, please can someone here who has big amounts like maybe stunna ( PD owner ) open some shops in more bigger countries ?

[sakinaka]

For me that's a mix of China (you can say that for everything lol ) and SegWit. More SegWit I'd say.

[talkbitcoin]

another reason why bitcoin might increase further.... https://cointelegraph.com/news/bitcoin-on-boulevard-25-shops-in-paris-ready-to-accept-bitcoin-for-payment

if more and more businesses adopt and accept bitcoins, I can't find any reason why it won't increase further....

Actually this made me emotional, I have seen a  dream of bitcoins accepted wordwide and such news could be awesome for the dream to come true. Seriously, please can someone here who has big amounts like maybe stunna ( PD owner ) open some shops in more bigger countries ?

people like stunna and those with successful businesses are earning good money from their business online and they would only make that bigger to make more money.

besides if you are so interested you can start one yourself, no one is stopping you apart from regulations and yourself. for the capital you can even take partners or investor.

p.s. i got emotional (well mostly jealous) twice in the last two weeks. and that is when i saw one person buying bitcoin from an ATM in a gas station, and the other time was someone in Switzerland buying bitcoin from a train station ticket machine!

[alyssa85]

It's probably India and Trump. People are always investing in anything else but their local currency when they don't feel safe about their country anymore. In India, the price for one Bitcoin reached $900 a few days ago. That's huge, and will probably be influential for us too: the price will rise.

It is India, because they are swapping out their old notes and some people are trying to put their money into gold and bitcoin instead.

Trump isn't an issue - and the Federal reserve is certain to raise interest rates in their December meeting, which will strengthen the dollar. If the dollar goes up, bitcoin will drop, so take a modest amount of profits before the Fed meeting.

I hope people took some profits, as I advised yesterday.

[Monnt]

It is probably the combination of trump and india, as we know after trump become the choosen president the price directly go up, some of them say because of the expert predict there will be a crash in stock market so alot of bitcoin user buy bitcoin and recently india bans their big currency notes that cause a lot of people buy bitcoin, but whatever the reason behind the rising price i am happy about this news

Yeah you have a valid point, I am not sure about USA but in Indian I heard bitcoin's trading around 900$ + and hey its not trading high, thats the actual value of bitcoins.
Added to this the best time to buy bitcoins is now because it will go higher till the end of December now.

[Wind_FURY]

I think that the reason is pretty much more people realising that bitcoin is a good investment at this stage with such a low price. More Chinese investors as well I guess. Volume has been consistently over billions of dollars on major Chinese exchanges.

Trump could also be a reason.

So meaning you really do not have a clue what the real reason is for the rise. Your reasoning went from "the people" to "the Chinese investors" to "Trump". The people who really know will not tell you, why would they? It is their game to play and we are only in it for the ride. For all we know, this could be a group of whales utilizing a pump and dump strategy on Bitcoin and it does not have any connection or reliance to any economic event.

[BitcoinPanther]

It is always the adoption and whales manipulation of news and social media that make bitcoin price increase.  They are so keen to use all the economic events into possibly affecting bitcoin price ups or downs.  At the end of the day people don't have choice but to follow what this whales are planning since they have enough btc to move the market to support the news and the next thing is the domino effect.

[icecube45]

I think the cause of rising bitcoin prices due to the election trump and worries China conditions. Trump has a lot of controversial policies, many say the election Trump will make the market unstable that will make bitcoin increase. Conditions China is also a major factor bitcoin price increases, with the devaluation of the Yuan by the Chinese central bank to be the trigger. This uncertainty triggered a high demand for bitcoin.