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Author Topic: How did Bitcoin start to price increase?  (Read 8166 times)
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April 09, 2017, 11:39:52 PM
 #201

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
It is because the buyers of bitcoin are increasing. The spread of bitcoin is continue and with the passage of time more and more people know about it and they invest their money in bitcoin so with that demand the price of bitcoin increase.


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April 18, 2017, 08:34:58 AM
 #202

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
It is because the buyers of bitcoin are increasing. The spread of bitcoin is continue and with the passage of time more and more people know about it and they invest their money in bitcoin so with that demand the price of bitcoin increase.

The demand is growing and therefore the price is rising. The more people buy bitcoin, the higher the price. After all, we know that the total number of bitcoins is limited.
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April 21, 2017, 05:38:57 AM
 #203

There would be many reason due to which price of bitcoin rose and is rising . We cannot specifically point out any one. It may be due to its decentralized features, no government control, easily transferable, around the globe, widely acceptance by people etc.
 

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April 21, 2017, 05:56:44 AM
 #204

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
This is because the people in the bitcoin are going increasing constantly , And due to the increase in the population of the people in the bitcoin market results into the lack of the bitcoin per people , so this decrease in the demand results into the increase in the price of the bitcoin .
Second reason to increase in the price is that the government of the Japan accepted the bitcoin as legal way of payment in his country , so the Japanese are involving more and more in the bitcoin and increasing demand  .


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April 21, 2017, 06:50:04 AM
 #205

Instead of saying that bitcoin price started to increase because of demand, I would say that bitcoin started to increase in price because at first some people decided to trust it by investing in it which made it gain more demand and also trust from others for them to invest in bitcoin. Also, it began to increase in price because at first manipulation was there and seeing bitcoin price pump up to 1000$+ during 2013 is what made it popular right now and so attractive to investors so Chinese played a big role I think for helping bitcoin gain more demand.
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April 21, 2017, 06:51:57 AM
 #206

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
It is because the buyers of bitcoin are increasing. The spread of bitcoin is continue and with the passage of time more and more people know about it and they invest their money in bitcoin so with that demand the price of bitcoin increase.
Yes exactly. A lot of people are trying to buy bitcoin, which means that the the demand is very high. This then leads to a lot of people selling it and they are trying to make a profit, so they sell it for a high price. Hence, the price of bitcoin increases.
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April 21, 2017, 09:53:09 AM
 #207

Which makes the high bitcoin price of course due to the increasing demand for bitcoin, many people are becoming aware of the speed and security of bitcoin and blockchain systems
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April 21, 2017, 11:16:25 AM
 #208

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
It is because the buyers of bitcoin are increasing. The spread of bitcoin is continue and with the passage of time more and more people know about it and they invest their money in bitcoin so with that demand the price of bitcoin increase.
Yes exactly. A lot of people are trying to buy bitcoin, which means that the the demand is very high. This then leads to a lot of people selling it and they are trying to make a profit, so they sell it for a high price. Hence, the price of bitcoin increases.
Yup the price is the Bitcoin always based on demand and supply method. Not only Bitcoin any product value will based on this method. Now the Bitcoin news is spreading all over the world very fastly and every day lot's of new users are entering this Bitcoin world. So the price is stable at high price and still it is increasing.
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April 23, 2017, 04:30:27 AM
 #209

There would be many reason due to which price of bitcoin rose and is rising . We cannot specifically point out any one. It may be due to its decentralized features, no government control, easily transferable, around the globe, widely acceptance by people etc.
 

Exactly, but the thing is it really affects the the price when the demands of bitcoin increases the value gets higher too. More buy orders means more increase in price and more buying pressure.

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April 23, 2017, 08:26:05 AM
 #210

The same way everything else acquire its value, the law of supply and demand. Fortunately bitcoin is a limited supply. So if new demand arises, the price will easily rise too. By this the price increases, other factor is number of bitcoin available, also lost bitcoins increases the value of the usable bitcoin.
bitcoin was only a speculative tool at the beginning, now that there are some good merchants it's also a currency, but not complete, It is one of the characteristics of BTC that fluctuates its value in no time.
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April 23, 2017, 09:27:43 AM
 #211

There would be many reason due to which price of bitcoin rose and is rising . We cannot specifically point out any one. It may be due to its decentralized features, no government control, easily transferable, around the globe, widely acceptance by people etc.
 

Exactly, but the thing is it really affects the the price when the demands of bitcoin increases the value gets higher too. More buy orders means more increase in price and more buying pressure.
Caused by more bitcoin gets divided into a lot of parts. And it makes the price of bitcoin will increase. More buy order means the support for bitcoin is really strong to push the price of bitcoin to get on another ATH.


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April 24, 2017, 03:39:40 PM
 #212

Very simple, price is getting higher with respective of higher demand. Now a days Bitcoin is gaining ground as a international platform for earning currencies. Though it already has created as a trusted site that's why people are interested to invest money to beget his or her money, in this way it's becoming a lucrative business area.
Is it clear to us why it's happening..?

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November 18, 2017, 01:11:52 PM
 #213


This was the previous news, now a day Bitcoin is rarely used in darkweb, I think people there are more incline to use anonymous coin and since Bitcoin is known to be pseudo anonymous and not completely what they think of, they moved to anon altcoins.
I think it is the adoption of people, speculative thinking of traders and good news about development that push  Bitcoin price to increase. Wink
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November 19, 2017, 06:31:26 PM
 #214


This was the previous news, now a day Bitcoin is rarely used in darkweb, I think people there are more incline to use anonymous coin and since Bitcoin is known to be pseudo anonymous and not completely what they think of, they moved to anon altcoins.
I think it is the adoption of people, speculative thinking of traders and good news about development that push  Bitcoin price to increase. Wink
In the year 2009 Bitcoin was presented in those days Bitcoin was not known by the people groups but rather the hard battle make Bitcoin known to each individual of the world and the general population began entering the universe of Bitcoin and after that gradually and relentlessly the costs start to expand the costs of Bitcoin.


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