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Author Topic: How did Bitcoin start to price increase?  (Read 8041 times)
dearbesz1219
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February 28, 2017, 02:41:52 AM
 #161

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
It think the reason why Bitcoin start to price increase, it is already in the edge features of bitcoin already like its very secured, decentralized o which no officials authority can control by it and because of that many of the whale investors became interested unto to bitcoin.

                                 
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March 02, 2017, 06:38:43 AM
 #162

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
It think the reason why Bitcoin start to price increase, it is already in the edge features of bitcoin already like its very secured, decentralized o which no officials authority can control by it and because of that many of the whale investors became interested unto to bitcoin.
The main thing that this interest is not proved to be too damaging to bitcoin. Because I see several types of bitcoin users, it is ordinary people who earn little things, then the other hide their income and others are using bitcoin conduct illegal trade, some goods even outlawed.
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March 02, 2017, 06:47:06 AM
 #163

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
It think the reason why Bitcoin start to price increase, it is already in the edge features of bitcoin already like its very secured, decentralized o which no officials authority can control by it and because of that many of the whale investors became interested unto to bitcoin.
I do agree so. Moreover, Bitcoin is becoming more and more popular and it is now considered as the most effective type of investment which can not be denied by anyone. Therefore, investors tend to put a huge amount of money into this field and hope to receive some profit. That is why the Bitcoin price keep increasing day by day


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March 02, 2017, 06:52:46 AM
 #164

From an economic point of view, supply and demand.Yeah demand and supply of bitcoins are only thing to change the bitcoin price in the chart.


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March 02, 2017, 08:48:26 AM
 #165

Bitcoin price start to increase by the demand and supply. Bitcoin price is fluctuating and its becoming growing daily. Its also because of bitcoin traders the baggers or holder,  the pump and dumped of bitcoin price because of traders. So, it really increase daily.

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March 02, 2017, 09:03:53 AM
 #166

Bitcoin price start to increase by the demand and supply. Bitcoin price is fluctuating and its becoming growing daily. Its also because of bitcoin traders the baggers or holder,  the pump and dumped of bitcoin price because of traders. So, it really increase daily.
Yes maybe is the one cause the demand and supply of bitcoin. And also the trader have big holders of bitcoin they control the price if he/she like. 
But its not daily maybe weekly or monthly as i observed in my own.


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March 02, 2017, 10:06:25 AM
 #167

From an economic point of view, supply and demand.Yeah demand and supply of bitcoins are only thing to change the bitcoin price in the chart.


supply and demand mean little, bitcoin for me start to grow at first because and only for speculation, speculation is what made bitcoin worth more than $1000 today, people think it will be worth $2k int he future and will buy, this will make bitcoin value eventually $2k, then they think it will be worth $3k etc...

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March 02, 2017, 11:22:27 AM
 #168

The halving effect must have had a factor to the rise.The demand also dictates how the price behaves. With all the good news coming bitcoin’s way and the anticipation that something is going to push the price even higher, the demand is also increasing. Although it is very much speculative in nature, many are saying that we have just entered into a stage where bitcoin would not touch three digits anymore going forward. With new highs being broken the last few weeks, people can’t be blamed for such optimism.
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March 02, 2017, 12:07:09 PM
 #169

From an economic point of view, supply and demand.Yeah demand and supply of bitcoins are only thing to change the bitcoin price in the chart.

yeah besides demand and supply occur because bitcoin users themselves. users into other factors for example, when the user continues to grow of course demand will grow and of course the price will also rise



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danherbias07
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March 02, 2017, 12:12:40 PM
 #170

Demands are the first and the low supply is the reason.
I think one more reason is we are getting deeper into understanding it. Then, the fact that we are using it more than fiat money. Before I was thinking thoroughly before starting to use it but now it became like a hobby or a must that I do it everyday. Still keeping a percentage of what I earned and the left ones used for trading again.

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March 02, 2017, 12:31:52 PM
 #171

From an economic point of view, supply and demand.Yeah demand and supply of bitcoins are only thing to change the bitcoin price in the chart.

Indeed.
But just include too the halving effect.
Now Bitcoin price rise up again I think this the ETF effect also.

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March 02, 2017, 01:32:33 PM
 #172

From an economic point of view, supply and demand.Yeah demand and supply of bitcoins are only thing to change the bitcoin price in the chart.

Exactly, a high demand for bitcoins causes its prices to increase if supply remains constant  and if there is an over supply of BTC into the market  prices of bitcoin falls(reduces).

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DoublerHunter
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March 02, 2017, 02:50:43 PM
 #173

Bitcoin price to increase because of the volume of money that also getting bigger and bigger and also provided by the investors. I think one of the reason why there is a lot of investor keep coming because of the good image of bitcoin now because of the good developments and also those good candle stick chart history.

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March 03, 2017, 10:08:44 AM
 #174

From an economic point of view, supply and demand.Yeah demand and supply of bitcoins are only thing to change the bitcoin price in the chart.


Yeah this is the reason why bitcoin's price start to increase. And if there are people that are going to sell their coins in volume transaction. Then that will make the price of bitcoin lower because there will be more supply in the market. But if there are lesser supply in the market and most of us will keep on holding, the demand and price will increase.

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March 03, 2017, 04:23:36 PM
 #175

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
It think the reason why Bitcoin start to price increase, it is already in the edge features of bitcoin already like its very secured, decentralized o which no officials authority can control by it and because of that many of the whale investors became interested unto to bitcoin.
I do agree so. Moreover, Bitcoin is becoming more and more popular and it is now considered as the most effective type of investment which can not be denied by anyone. Therefore, investors tend to put a huge amount of money into this field and hope to receive some profit. That is why the Bitcoin price keep increasing day by day

Basically it's built up by supply and demand, of course. Because the price is all built by the amount of money that goes in or out in bitcoin investment. I really think that the whole price increase is just a manipulation of someone or a group of people. The bitcoin ETF thing is being all talked about in forums like reddit and if the price wasn't moving at all, it would seem that bitcoin is not making a sound at all. We can never confirm that the price increase is due to demand/supply because we will never ever have the statistics of how many bitcoin users are there and if the new ones bought bitcoins.

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March 03, 2017, 07:53:37 PM
 #176

From an economic point of view, supply and demand.Yeah demand and supply of bitcoins are only thing to change the bitcoin price in the chart.


supply and demand mean little, bitcoin for me start to grow at first because and only for speculation, speculation is what made bitcoin worth more than $1000 today, people think it will be worth $2k int he future and will buy, this will make bitcoin value eventually $2k, then they think it will be worth $3k etc...
yes currently the demand of bitcon is increasing. because more nad moe peoole are knowing about bitcoin and they are welling to invest thier money here in bitcoin which is causing the price to increase more and more and we can see that the price of bitcoin is now trading nearly touching 1300 USD.

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March 04, 2017, 06:27:24 AM
 #177

From an economic point of view, supply and demand.Yeah demand and supply of bitcoins are only thing to change the bitcoin price in the chart.


supply and demand mean little, bitcoin for me start to grow at first because and only for speculation, speculation is what made bitcoin worth more than $1000 today, people think it will be worth $2k int he future and will buy, this will make bitcoin value eventually $2k, then they think it will be worth $3k etc...
yes currently the demand of bitcon is increasing. because more nad moe peoole are knowing about bitcoin and they are welling to invest thier money here in bitcoin which is causing the price to increase more and more and we can see that the price of bitcoin is now trading nearly touching 1300 USD.
If we are talking about raising the price of Bitcoin, then, as happens in the market, the price depends on the demand. But as already mentioned in the field of cryptography experts that bitcoin will go up as you get closer to the end of all existing mining bitcoin.
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March 04, 2017, 09:21:21 PM
 #178

Some members posted that price increased because it was the favorite currency in illegal activities of the darkweb. Others, because of the economic terms supply and demand. I would say that first bitcoin block was mined in January 2009. If we go back in the past does anyone remember that investment bank Lehman Brothers collapsed on September 2008? What happened after that was a major crisis all over the world with the global debt to rise by the amazing amount of $57 trillions. That means, imho, people lost another one time their faith in banks and the inflationary fiat money. Bitcoin came to fill this gap and till now is up to people's expectations. For this reason price will continue to rise in the long run.
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March 04, 2017, 10:35:12 PM
 #179

   i think it all happen when it starts getting attention and acceptance.
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March 05, 2017, 04:28:03 AM
 #180

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
It think the reason why Bitcoin start to price increase, it is already in the edge features of bitcoin already like its very secured, decentralized o which no officials authority can control by it and because of that many of the whale investors became interested unto to bitcoin.
Yeah but I guess everyone is surprised and curious why the price has been rising very quickly.

I think more and more people are now adapting bitcoins and that is among the main reasons why there is such a hike in the price, in countries like India where the government has banned the currency notes that has done a huge favour since more and more people now uses bitcoins.














 

 

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