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Author Topic: How did Bitcoin start to price increase?  (Read 8172 times)
olyaru
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March 05, 2017, 10:00:57 AM
 #181

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.
Of course the impact on currency prices occurred because of the demand in the case of Bitcoin, and even the most popular cryptocurrency. This sharp rise, as has happened in recent months, almost twice the growth, I have not seen for a long time. I can not explain such growth. Comes to mind only one that is manipulating the course bitcoin uniquely.
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March 05, 2017, 01:57:19 PM
 #182

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.
That is true but if such is the case then the price goes up a bit slowly and not just in a shoot. I think recently some country has allowed bitcoins or something big has happened unless there is no real news I see why the price is such high.
That being said I think its still not at it is best value, coming 2 months are gonna be crucial and the price might kiss sky high values.

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March 05, 2017, 02:07:14 PM
 #183

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.
That is true but if such is the case then the price goes up a bit slowly and not just in a shoot. I think recently some country has allowed bitcoins or something big has happened unless there is no real news I see why the price is such high.
That being said I think its still not at it is best value, coming 2 months are gonna be crucial and the price might kiss sky high values.
Yes it is always true price actions is the result of supply and demand. But I think OP is trying to say what cause it? What started the price of Bitcoin to increase its value to this date. For example they said one of the main reason Bitcoin's price right now is high because the demand of it is high from the users of the dark web which uses it for illegal transactions. Well bottom line is that demand is the main factor for it to go up.

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March 05, 2017, 02:16:27 PM
 #184

There will be a big SEC decision regarding Coin ETF in the US this coming 11 or 13th that might hugely swing the price of bitcoin up or down so it's better to watch these dates and avoid losses or maybe grab huge profits.
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March 05, 2017, 02:26:58 PM
 #185

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?

It is increasing because the supply is limited and the demand of bitcoin is highly demand in many markets. The price goes up because many people invest in bitcoin and some people pump it so that they will earn more profit.


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March 05, 2017, 02:54:17 PM
 #186

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?

It is increasing because the supply is limited and the demand of bitcoin is highly demand in many markets. The price goes up because many people invest in bitcoin and some people pump it so that they will earn more profit.
basically growing number of people using bitcoin, the higher the price of bitcoin. and if the less users bitcoin then the prices of bitcoin is down in the world economic market .



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March 05, 2017, 08:24:14 PM
 #187

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?

It is increasing because the supply is limited and the demand of bitcoin is highly demand in many markets. The price goes up because many people invest in bitcoin and some people pump it so that they will earn more profit.
basically growing number of people using bitcoin, the higher the price of bitcoin. and if the less users bitcoin then the prices of bitcoin is down in the world economic market .
That is how the people dictate the price of the market, by the use of demand. If there is a lot of demand then the supply of a particular stock will be few and because of the non-stop demand then the price will be expensive. We just need some more bitcoin users or investors to achieve very high price and that is a not a problem because i think that this incoming march 11 is the big one for bitcoin. Just watch and learn for the etf incoming.

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March 07, 2017, 07:20:27 AM
 #188

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, I think it works in a very systematic manner like when the price is going up then everyone just buys since we all know the price will go up and this buying results in a higher value again and this keeps on continuing unless a big holder decides to dump their coins.

Once some people dump then the whole community starts selling and that results in a downfall ( though that is temporary ).
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March 08, 2017, 11:32:23 AM
 #189

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
When I started to do bitcoin as my alternatives option to my financial problems. Base on my studying in bitcoin the price value increase in my opinion its because there are some investors who gave value on bitcoin just like what happen to gold, from the origin it has no value samething  with bitcoin due to the adoption of the masses all around the world it continously increase the price up to now.



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genny2kuk
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March 08, 2017, 12:06:50 PM
 #190

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?

Higher demand than supply

Changing the world one person at a time
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March 08, 2017, 02:36:00 PM
 #191

In my own opinion, bitcoin start to price increase when it become popular. And, anyone notice bitcoin as one of digital currency. Bitcoin price starts to climb up because of its big investors who really invests in, the demands become higher as day by day. Thus, bitcoin price starts daily to grow...

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March 08, 2017, 04:11:47 PM
 #192

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
Because everyday the Bitcoin community keeps growing and becoming more popular.
When more people use the bitcoin for transactions or something else the price keeps on growing higher.
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March 12, 2017, 10:25:59 PM
 #193

Yea it is going up but I like this way of going up because I dont have so many bitcoin and when I collect mayn bitcoins then I want bitcoin kabuum price because then my bitcoins will worth even more than now what is realy perfect Cheesy
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March 13, 2017, 01:08:17 AM
 #194

In my own opinion, bitcoin start to price increase when it become popular. And, anyone notice bitcoin as one of digital currency. Bitcoin price starts to climb up because of its big investors who really invests in, the demands become higher as day by day. Thus, bitcoin price starts daily to grow...
it is the cause when bitcoin became popular and then a lot of people know bitcoin and then they flock to buy bitcoin and there was demand and make the price of bitcoin up



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March 13, 2017, 07:48:39 PM
 #195

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?

Demand and peoples dreams, we all look for an asset that will make us a return and tickles our fancy.
Greed speculation and wealth are all closely related.
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March 13, 2017, 10:47:52 PM
 #196

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?

It is increasing because the supply is limited and the demand of bitcoin is highly demand in many markets. The price goes up because many people invest in bitcoin and some people pump it so that they will earn more profit.
yes that is a fact that it depend on demand and supply. if the demand of bitcoin is increasing because when the number of bitcoin users is increasing the demand will also increase and he supply will decrease and thus the price of bitcoin will increase.
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April 09, 2017, 08:30:22 AM
 #197

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
"ADOPTION" this is the thing why bitcoins value does increase overtime and as long people do use it then expect price would go high even more on future years to come but dont expect too much because price crash do also happen on bitcoin which means be prepare all the time and risk only the money you can afford to lose up when things goes wrong.



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April 09, 2017, 11:12:57 PM
 #198

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
It is because someone gave it a value, from zero value now when the community saw that there is someone gave it a price, because of their  curiosity they followed what person did, In other terms because of the mass adoption by the masses bitcoin was promoted by them until there business minded person saw that it has a potential value in the near future. and because of that until now the demand was getting higher all the around the world.



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April 09, 2017, 11:18:19 PM
 #199

Just because more people joined and bought Bitcoin, and the speed of adoption outweighed the natural inflation from mining - the adoption rate is actually increasing while the new coins mined is decreasing, so that results in demand outweighing supply.

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April 09, 2017, 11:35:15 PM
 #200

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
It is because someone gave it a value, from zero value now when the community saw that there is someone gave it a price, because of their  curiosity they followed what person did, In other terms because of the mass adoption by the masses bitcoin was promoted by them until there business minded person saw that it has a potential value in the near future. and because of that until now the demand was getting higher all the around the world.
I think you are wrong the price of bitcoin was increasing due to demand and supply if bitcoin is in demand and the supply is low the price will increase ..
This is just like in product in the market if the product is in demand and the supply is getting low the value will increase more..
Example is sea foods if the there is a red tide the supply will reduce but the demand is the same the value of sea foods will increase its value..

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