How did Bitcoin start to price increase?

[BlackBi88]

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

IMO, the BTC has strongly increased recently due to the following reasons:

1. Japan's demand
According to the website of CryptoCompare, the Japanese yen accounted for over 42% of the bitcoin trading volume.

2. Upgrading Bitcoin
After controversy in the bitcoin community about the future of blockchain technology, the issue of bitcoin network upgrades has finally been resolved.
Bitcoin has reached an agreement to increase the transaction size on blockchain, which is bitcoin's platform technology.
The upgrade proposal is called SegWit2X and will need to be implemented.

3. Concerns from institutional investors
As regulators are beginning to be interested in bitcoin, institutional investors are also watching and looking to invest in bitcoin.

4. Demand for safe assets
Experts say some bitcoins are due to tensions between North Korea and the United States.

[1714824767]

1714824767

[1714824767]

1714824767

[1714824767]

1714824767

[1714824767]

1714824767

[mardaed]

Bitcoin start to price increase due to its adoption of people using it, as big time investors in bitcoin increasing it is like when a commodity gets its worth among people by exposing it's benefits then it will create it's demand to decide its value levels. When more people fight for same quantity of product which is limited by its production then it's value will be determined by pure demand. So there is huge chance to boost bitcoin price.

[suzanne5223]

The reason why bitcoin price is increasing is because bitcoin has future, it atm is spreading across the globe and the Moscow stock exchange is planning to trade bitcoin futures which means they will accept bitcoin as a kind of currency.

[Nick Abimanyu]

I think,  there one more thing, besides supply and demand, that is bitcoin exchange transaction.
Every bitcoin exchange transaction that involves the purchasing of bitcoin via another currency (fiat), has the effect of pushing the bitcoin price become up.

[Razick]

When Bitcoin was first introduced, it was absolutely worthless. Someone even spent 10,000 Bitcoins to buy a pizza. Think about that. Absolutely ridiculous that is not worth over a hundred million dollars with today's value.

Actually that was the first ever recorded legitimate Bitcoin purchase. Pretty unbelievable actually. Except it's real.

[Derrick]

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

Bitcoin does not do anything to increase its price, only peopl who love and trust bitcoin keep buying and holding and make the price keep increase.
Demand from people who interest in bitcoin make the price increase and increase.

bitcoin can be popular, because bitcoin can help us in terms of meeting increasing needs. so bitcoin does not have to do the hard work, which we often do. but many people also often look for bitcoin because of the advantages of bitcoin.

Keep in mind that cost rely upon two things I-e request and supply

As the request of bitcoin is expanded in advertise then the supply turns out to be short and the cost of bitcoin is expanded.

As the request of bitcoin is diminished in showcase at that point supply turn out to be more because of which the cost of bitcoin begin tumbling down.

[Kadal Ijo]

It all depends on the user, we all know that the thing that becomes the power of bitcoin is decentralization, when demand increases then automatically the price will rise.

[sumangs]

It starts increasing once there are people invest on it. The more holders the greater the price. The greater the price the more demand it has. The more demand the more it popular it is. I can conclude that the bitcoin starts to increase its price because it is popular.

[Ranly123]

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

As economics concern and in my own thought, it start to increase its price when there are lot of people demand or invest on it. When people see the price hike of bitcoin they tend to buy and invest on this cryptocurrency that is when the law of supplies and demands come in. The more the investors buy bitcoin the higher it will go and this is why bitcoin become the most marketed cryptocurrency.

[guxu219]

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

Bitcoin does not do anything to increase its price, only peopl who love and trust bitcoin keep buying and holding and make the price keep increase.
Demand from people who interest in bitcoin make the price increase and increase.

bitcoin can be popular, because bitcoin can help us in terms of meeting increasing needs. so bitcoin does not have to do the hard work, which we often do. but many people also often look for bitcoin because of the advantages of bitcoin.

Remember that price depend on two things i-e demand and supply
As the demand of bitcoin is increased in market then the supply becomes short and the price of bitcoin is increased.
As the demand of bitcoin is decreased in market then supply become more due to which the price of bitcoin start falling down.

[migolmigol]

The Bitcoin price of started increasing as it becomes more famous to the people. Specifically, the increase in the last year that doubled the amount is probably because of the social media. Bitcoin really became a trend in the last quarter last year making it's value and price spike up really high. And now, people are predicting that the demand will continue to grow this 2018 and so it's value. Let's hope for the best and continue promoting Bitcoin.

[ipanks]

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

Bitcoin does not do anything to increase its price, only peopl who love and trust bitcoin keep buying and holding and make the price keep increase.
Demand from people who interest in bitcoin make the price increase and increase.

bitcoin can be popular, because bitcoin can help us in terms of meeting increasing needs. so bitcoin does not have to do the hard work, which we often do. but many people also often look for bitcoin because of the advantages of bitcoin.

Remember that price depend on two things i-e demand and supply
As the demand of bitcoin is increased in market then the supply becomes short and the price of bitcoin is increased.
As the demand of bitcoin is decreased in market then supply become more due to which the price of bitcoin start falling down.

the price depends on the supply and demand and if people want to have bitcoin, they need to buy and it will make supply and demand position will change. and this will push bitcoin price to go down and up over and over but sometimes the price makes the correction price to adjust the price before increase or decrease again.

[tarabitcoin17]

it is because of the demand and supply law of economics. There are factors like big whales which affect the increase or decrease of the bitcoin's value. However, if therewill be many investors that will be attracted to this type of digital currency, it will rise its value again.

[RavenHood]

In my opinion, bitcoin start to increase it’s price because to the demand of buyers if the volume of buyers increase the amount of bitcoin will also increase to make it balance. That is the main reason why bitcoin price is rising. The other factor is the bitcoin acceptance, and some biggest investor or people will say that they will accept bitcoin because of some reason. 

[Nyeyzel]

As I would see it, bitcoin begin to expand it's cost because of  the request of purchasers if the volume of purchasers increment the measure of bitcoin will likewise increment to influence it to adjust. That is the principle motivation behind why bitcoin cost is rising.

[acener]

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

Perhaps the only thing that makes bitcoin more and more expensive is because it keeps dodging the bullets that comes right to it, by bullet I mean the forks. Just imagine something to surpass that for many times. I has to be something worthy such as bitcoin, this is why bitcoin is expensive. You know what they say, "What doesn't kill you, makes you stronger."

[panganib999]

Imagine how bitcoin price change in just a matter of year. I start using bitcoin or get in the system of bitcoin when its price is just low and look at it now. Its price is increased by how many percent. I think the number one factor that affect the development and progress of bitcoin in terms of price is because of the support people gives day by day. If we continue our support to bitcoin in terms of having investments and trading it stock will sure have a good movement in the market that could result for a better form of bitcoin in transactions and in the form of investments.

[christina30]

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

[uzumaki]

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.

[pelipurlara]

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