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Author Topic: How did Bitcoin start to price increase?  (Read 9382 times)
christina30
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January 11, 2018, 01:18:02 PM
 #261

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

 I think in my own opinion and idea price go up when many people invest in bitcoin and it will go down if some one cashout with the huge price.Will its only my opinion i didnt really know whats the reason.Hope this thread help me to understand more

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January 11, 2018, 01:18:14 PM
 #262

Many people from various countries are becoming interested in this technology called cryptocurrency ,so there is a lot of demand for bitcoin, that causes bitcoin price increase higher.

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January 11, 2018, 01:29:04 PM
 #263

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

the rise or fall of the bitcoin value depends on the investors who invest their shares for bitcoin, the more investors to bitcoin, the price of bitcoin will increase

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February 27, 2018, 12:18:26 PM
 #264

I disagree with that, because bitcoin was not constantly increasing. We all know that bitcoin is volatile and sometimes it will increase and decrease that's why I was disagree with your statement. Sorry, but I didn't say that you are wrong because maybe it is your experience that bitcoin was constantly increasing. But for me that is my reason that is why I am disagree.

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February 27, 2018, 12:56:07 PM
 #265

with an investor buying bitcoin will make the bitcoin price up now. so without investors and buyers the price will go back down as before. if there is a bad issue also affect

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February 27, 2018, 07:51:34 PM
 #266

This question can be both very stupid or very profound. I will pretend that it's profound and in fact it would be incredibly interesting to go back in time and zoom in the precise moment when Bitcoin has started to have the price, and to observe the first move in price it then had and to try to get to the essence of the cause of this first move. A minimalistic moment with maximalistic consequences.

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February 27, 2018, 08:27:25 PM
 #267

I read that back in 2013 the big Bitcoin pump was traced back to two accounts on Mt. Gox.

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February 27, 2018, 09:19:31 PM
 #268

every week new avenues for trading and speculation come online, providing a wider audience with even more ways to trade the asset, helping to boost its success.I have no idea where bitcoin’s price will go over the next couple years, but there is no reason to expect virtual currency to avoid a similar fate.

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March 04, 2018, 04:46:21 PM
 #269

If you mean in the whole of it's existence you could simply do the current value minus the initial value divided by time. But I believe that the whole point is that bitcoin shifted so fast and its value is sometimes so unpredictable that it make it quite hard to calculate its increase rate.

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March 04, 2018, 04:49:01 PM
 #270

Bitcoin price is not going to come back to the low prices it was before, but it might actually drop a little bit before starting to grow once again.

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March 04, 2018, 04:59:43 PM
 #271

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?
Bitcoin prices are going up at a slower pace but not as much. At current rates, Bitcoin may increase to $ 17,000 in the next few months, and it could reach $ 20,000 this year. But if the sharks do not try to control prices, Bitcoin prices will stabilize and go up steadily.

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March 04, 2018, 05:03:36 PM
 #272

What happens to the current price need not worry, I will always be optimistic that the future and bitcoin price this year can reach at least $ 50k, if at this time the price looks stagnant because the whales are watching and immediately act to pump.

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March 05, 2018, 10:59:50 AM
 #273

Bitcoin price is not going to come back to the low prices it was before, but it might actually drop a little bit before starting to grow once again.
This is a continuous process we are observing from the day one. Bitcoins never stayed at one point, means they are not stable. Neither they go to zero level in dips nor they jump to highest gratitude and never come back. But it is quite nice of them to stay in middle times where dips take them down to the pocket affordably range of poor and then grow them back to a good, feasible level.

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March 07, 2018, 06:12:54 AM
 #274

Bitcoin price increases when the demand is low if many users is holding it. Well, it is just a natural flow of a currency sometimes it goes down and sometimes goes up. It is one of the characteristics of BTC that fluctuates its value in no time.
Well, you are totally wrong on this subject. Bitcoin price increase with increase in demand, it doesn’t decrease with increase in demand. It goes up and down for sure, but it is surely not a natural flow of currency. There is always a reason and analysis for drop and gain in prices. Please learn the concept of demand and supply before you guide and advice other people.

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March 07, 2018, 06:28:46 AM
 #275

Its depends on demand and supply. At the beginning they was wortless. So they became value when some people discovered and want to have some. After that people saw that the transaction goes very fast. And the most important, the transaction was totally anonymous. You dont know who was the owner of the wallet adress. Thats why the people who sold and buyed ilegal stuff on the darknet start to use it as a payment method. The demand of bitcoin rised and price gained more value.

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March 07, 2018, 06:29:37 AM
 #276

We are slowly moving to the future where more and more people are slowly having access to the internet.

I doubt that internet access is the reason here!
internet coverage has been big for a long time and it is getting better and faster as time goes by. besides someone who didn't have internet access up until now (2016-2017) is obviously living in a third world country and will not run to buy bitcoin the first day of internet access.

the reason why bitcoin price is like this is because people don't know about bitcoin or are too afraid to invest in it. but when they see the performance they join in slowly.
All the game is of demand and supply and trading volume. Increase in demand cause increase in rate of the coin. Trading volume also plays a vital role in the increase or decrease in the rate of a coin.

When the trading volume starts rising, so does the rate, it shows that people are doing more transactions using it which indirectly shows the increase in demand. Many people just go with the flow. They pour in money when they see anything increasing thus rising the volume and rate even more.

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March 07, 2018, 07:30:05 AM
 #277

i guess bitcoin become idemand so that the reason why price increase

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March 07, 2018, 08:00:08 AM
 #278

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

the rising bitcoin price is due to the very high demand but with very limited supply availability, it makes bitcoin getting more and makes bitcoin more expensive. not only that factor from technological developments that apply bitcoin as payment can also trigger a rise in bitcoin prices.

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March 07, 2018, 09:32:31 AM
 #279

Bitcoin has limited quantity and it has becoming more popular that a lot of people now are using it and buying it. Which leads to most basic economic situation, the law of supply and demand, which further leads to bitcoin price increase.

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March 07, 2018, 10:38:45 AM
 #280

Its relies upon request and supply. Toward the starting they was useless. So they progressed toward becoming quality when a few people found and need to have a few. After that individuals saw that the exchange goes quick. What's more, the most critical, the exchange was absolutely mysterious. You don't know who was the proprietor of the wallet address. That why the general population who sold and purchase unlawful stuff on the obscurity begin to utilize it as an installment strategy. The request of bitcoin rises and cost increased more esteem.

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