Lacander
Member
 Offline
Activity: 103
Merit: 10
|
 |
March 02, 2017, 06:38:43 AM |
|
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. |
|
|
|
|
|
|
|
|
|
|
|
|
|
The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
slapper
Legendary
Offline
Activity: 1918
Merit: 1096
Leading Crypto Sports Betting & Casino Platform
|
|
March 02, 2017, 06:47:06 AM |
|
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 |
| ..Stake.com.. | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|
pretty-g
|
|
March 02, 2017, 06:52:46 AM |
|
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.
|
|
|
|
|
|
mace15
|
|
March 02, 2017, 08:48:26 AM |
|
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.
|
|
|
|
|
|
Wowcoin
|
|
March 02, 2017, 09:03:53 AM |
|
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. |
|
|
|
|
|
Vaccinus
|
|
March 02, 2017, 10:06:25 AM |
|
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... |
|
|
|
|
Doms
|
|
March 02, 2017, 11:22:27 AM |
|
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.
|
|
|
|
|
BeGoods
Legendary
Offline
Activity: 1372
Merit: 1008
|
|
March 02, 2017, 12:07:09 PM |
|
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 |
|
|
|
|
danherbias07
Legendary
 Online
Activity: 3122
Merit: 1119
Leading Crypto Sports Betting & Casino Platform
|
|
March 02, 2017, 12:12:40 PM |
|
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.
|
| ..Stake.com.. | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|
Jannn
|
|
March 02, 2017, 12:31:52 PM |
|
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. |
|
|
|
|
|
SHAWN-MIDWAYS
|
|
March 02, 2017, 01:32:33 PM |
|
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). |
|
|
|
|
|
DoublerHunter
|
|
March 02, 2017, 02:50:43 PM |
|
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.
|
|
|
|
|
|
Xenophoto
|
|
March 03, 2017, 04:23:36 PM |
|
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. |
|
|
|
MMA
Legendary
Offline
Activity: 1134
Merit: 1000
|
|
March 03, 2017, 07:53:37 PM |
|
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. |
|
|
|
|
|
SmirnoffVany
|
|
March 04, 2017, 06:27:24 AM |
|
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. |
|
|
|
|
sportis
Sr. Member
Offline
Activity: 406
Merit: 252
Veni, Vidi, Vici
|
|
March 04, 2017, 09:21:21 PM |
|
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.
|
|
|
|
|
Coinonat
Newbie
Offline
Activity: 28
Merit: 0
|
|
March 04, 2017, 10:35:12 PM |
|
i think it all happen when it starts getting attention and acceptance.
|
|
|
|
|
raven7886
Legendary
Offline
Activity: 1512
Merit: 1041
|
|
March 05, 2017, 04:28:03 AM |
|
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. |
|
|
|
|
|
olyaru
|
|
March 05, 2017, 10:00:57 AM |
|
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. |
|
|
|
|
rickadone
Legendary
Offline
Activity: 1176
Merit: 1024
|
|
March 05, 2017, 01:57:19 PM |
|
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. |
|
|
|
|
|
