How did Bitcoin start to price increase?

[Sled]

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

Since the time this world has seen this bitcoin, most of the people have started developing their interest towards it and that most of the people started investing their money into it. With the passage of time, when more investors started investing their money into it, the demand of the bitcoin in the international market as well as across the entire globe started rising which resulted in more market value of the bitcoin and now it is this much high that people are making out very good profit out of it.

A lot of people are now having a good stable lifestyle and that is because of bitcoin and we can continue seeing this if we will continue to spread bitcoin all over the part of the world. Bitcoin is always there and the people are just the problem right now but if the demand grows then it will help bitcoin to increase its price and it will also help the people to make more money and reach their goals in a shorter period of time.

[fredo123]

The popularity and the influence of social media is the biggest factor to indulge investor to dig in it, As the people get to adopt its usage then, the sudden increase of demand which delivers its value to soar up and continuosly spread globally, until now a days. Since bitcoin is also limited in supply, bitcoin value becomes expensive and going strong against all types of cryptocoin.

[MGBloomz]

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

Because many are holding their coins and with few supply the price will increase as many wants to buy due to popularity of bitcoin.

[Procopiogamscrypto]

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.

How I understand regarding supply and demand rule is that when there is an increase of demand it will cause a shortage of supply which ignite the increase of  price of the supply due    to unavailability on it, so if bitcoin users hold their coin there is a tendency that the demand of bitcoin will increase  the same as it's price not demand will go down  as what you said ,and it is not a natural flow of currency but rather the volatility of bitcoin.

[jeaniferomambac]

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.

How I understand regarding supply and demand rule is that when there is an increase of demand it will cause a shortage of supply which ignite the increase of  price of the supply due    to unavailability on it, so if bitcoin users hold their coin there is a tendency that the demand of bitcoin will increase  the same as it's price not demand will go down  as what you said ,and it is not a natural flow of currency but rather the volatility of bitcoin.

I think the reasons why bitcoin price will increasing its because of the more demand of the users of bitcoin that affects the supply of it because the more demand theres a possibility that the supply of it will be increasing,then that was a time that the price of bitcoin will increase over its main value and that was a time that you can start to trade on your bitcoin to have a profit.

[BitcoinTurk]

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

To comment for recent times, the main reason will be popularity. With many investors turning to this area and the speculation on the stock markets, the increasing price of more investors becoming eye babies has come to this point. On the long-term graph, yes, it's never lost, but if we look at the short-term charts, we can see from time to time that there are serious drops. Yaini, it would be wrong to say that everyone has consistently won.

[cryptojaani]

Its because the traders and big whales holding their bitcoin for a long time and they're also the reason why bitcoin price is dropping. Big whales in bitcoin has been a part of bitcoin price changing for months this big whales most of them are high profile person who has a business to get income for and invest it on bitcoin.

Big whales can manipulate price to a limited extent. It isn’t the whale that is responsible for increase in the price of bitcoin. Its simply the game of demand and supply. Bitcoin when introduced was first decentralized platform that set aside the need of third party for transaction and increased the security and privacy of transactions being carried out.

This made it look very interesting to people that were interested in new technology. Hence, there came increase in demand for the coin that increased the price as the supply of coin was limited. In short whales had nothing to do with it. It was all by community.

Yeah i think its totally depends upon the believe of the people. Who believe in in and invested in it. There are big time investors who are keeping bitcoin and those people who are adopting and putting their money in bitcoin are increasing. the demand is increasing while people who uses it are increasing and it resulted to the price increase aside from that I don't have any other idea regarding to the price increase

[Astvile]

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

Its constantly increasing because of more good news and upgrade and adaptions of bitcoins all over the world right now.Huge good news can make a huge hype making bitcoins more valuable because demands will be high.And some adoptions where people buys and raise bitcoins price

[upsidedown75]

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

Since the time this world has seen this bitcoin, most of the people have started developing their interest towards it and that most of the people started investing their money into it. With the passage of time, when more investors started investing their money into it, the demand of the bitcoin in the international market as well as across the entire globe started rising which resulted in more market value of the bitcoin and now it is this much high that people are making out very good profit out of it.

A lot of people are now having a good stable lifestyle and that is because of bitcoin and we can continue seeing this if we will continue to spread bitcoin all over the part of the world. Bitcoin is always there and the people are just the problem right now but if the demand grows then it will help bitcoin to increase its price and it will also help the people to make more money and reach their goals in a shorter period of time.

That is for sure and I still believe that things would even get better when we start seeing huge level of adoption which is totally different from what we are even seeing now.

People and most especially weak hands will always be the problem but the thing is that when a market is moving up too much based on nothing, then you should know that is more than demand and adoption and just fomo speculations which usually don't last most of the time. Interests in bitcoin and cryptocurrency at large is growing daily and it is funny that even with the little adoption rate so far, the market is still doing pretty well.

However, we have to understand that the market is highly speculative right now and what we see most of the time is the movement based on fundamentals and the whales using that to their advantage to let people, investors and traders see what they want them to see.

[jakoylantern]

For me, bitcoin increase its price because of its community, we all know that bitcoin’s amount in the first place is very affordable that you can buy some bitcoin at 1-13$ and increase every day or week. When many issues happen bitcoin become famous, and some people are starting to invest in it, and after a year some huge company announces that they will accept bitcoin as payment. So the bitcoin price rapidly increases and become famous to many investors and traders, now bitcoin is the first successful cryptocurrency, the most expensive and most popular cryptocurrency of all. 

[KingdomHearts]

Its because the traders and big whales holding their bitcoin for a long time and they're also the reason why bitcoin price is dropping. Big whales in bitcoin has been a part of bitcoin price changing for months this big whales most of them are high profile person who has a business to get income for and invest it on bitcoin.

Big whales can manipulate price to a limited extent. It isn’t the whale that is responsible for increase in the price of bitcoin. Its simply the game of demand and supply. Bitcoin when introduced was first decentralized platform that set aside the need of third party for transaction and increased the security and privacy of transactions being carried out.

This made it look very interesting to people that were interested in new technology. Hence, there came increase in demand for the coin that increased the price as the supply of coin was limited. In short whales had nothing to do with it. It was all by community.

They are still in a way responsible since they have a position in the market to play with how traders respond to the market. If you have seen the way actions are in the market sometimes, you will notice the action of whales every time. If a market is moving up, and they want it down, the price action always depicts the action of the whales in the picture and vice versa.

The rest of us are just here watching while the traders are busy speculating what the whales want and the weak hands always end up zapping off, while the whales keep winning.

[@prashant]

its depend on demand and hype in the market ,it is similar to other trading or market ,just there is a little difference due to anonymity ,which cause manipulaton by big holder and now there so much improved bots out there to help you with it.as blockchain application is increasing thus  bitcoin will be known to everyone thus causing buying hype in hope of greater profit.

[maaydin]

so many people are dreaming to be rich by investing into btc and they keep investing their money by increasing the demand and because the supply is limited the price increases as well.

[drew314]

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

In my own opinion, bitcoin price depends in the ratio of investors and sellers. If there are more investors than sellers, the price move up and if there are more sellers than investors, the price drop. That is why if the bitcoin price is very low many people are investing, the price will increase.

[neonshium]

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

The main reason behind the constantly increasing bitcoin price is demand and supply. As bitcoin was first decentralized platform that changed the whole idea of payment system existing in the world, it gained quite popularity in the mean time. The increased the demand for bitcoin and as the supply is limited, the rate increases with increase in demand. In the following years, the demand kept increasing and so did the price.

Yeah, demand and supply which is the normal sense, but there are sometimes that prices can be manipulated and we have seen it several times before even in the bitcoin market with the collective effort of whales switching the direction of the market however they please and that is easy for a new market that nothing really should be driving the value much except for speculations anyway, and until we really see real structure for demand before we can start seeing less manipulation.

[goku1525]

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

The main reason behind the constantly increasing bitcoin price is demand and supply. As bitcoin was first decentralized platform that changed the whole idea of payment system existing in the world, it gained quite popularity in the mean time. The increased the demand for bitcoin and as the supply is limited, the rate increases with increase in demand. In the following years, the demand kept increasing and so did the price.

Yeah, demand and supply which is the normal sense, but there are sometimes that prices can be manipulated and we have seen it several times before even in the bitcoin market with the collective effort of whales switching the direction of the market however they please and that is easy for a new market that nothing really should be driving the value much except for speculations anyway, and until we really see real structure for demand before we can start seeing less manipulation.

People getting interested to invest money on bitcoin because of huge profit returns. In my own opinion,they based on demand and supply in how effective bitcoin was. We all know that bitcoin is fluctuating may be bitcoin starting pumping when investors continue investing money because price really depends on the users how they handle strategies. The higher value of money to invest, the higher prices .

[coinfinger]

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.

Not only big investors, everyone who wants freedom they are interested in bitcoin and they are very much supporting and protecting bitcoin. Bitcoin is giving them what they were not able to have with their regular means of incomes. They were not able to make money even by keeping gold in their houses for years. The issue is that the governments are afraid of giving people complete freedom.

[TiffanyLien23]

The bitcoin start the price to increase because the traders and big whales holding their bitcoin for a long time and they're also the reason why bitcoin price is dropping. Big whales in bitcoin has been a part of bitcoin price changing for months. For example, if the big whales invest, they invest a very great amount so that many investors would attract to invest it. And when they sell it, they are also tge reason why the value is dropping. These big whales, most of them are high profile person who has a business to get income for and invest it on bitcoin and in that way they have a big profit and that's the way they used to it.

[arthur25]

Bitcoin's price is destined to rise because unlike other fiat currencies BTC is predictable and has limited in supply.
So with limited supply when bitcoin becomes more popular demand is rising and price is increasing as a result.

There are also couple more factors to consider:
- bitcoin is still a technological novelty, adoption is till in its early phase
- bitcoin is not based on debt
- bitcoin is not controlled by central authority, government or institution

With bitcoin we can avoid something like this: https://en.wikipedia.org/wiki/Dollar#/media/File:Zimbabwe_100000000000_Dollars_Bill_2008.jpg

Therefore it is all about decentralized issue of bitcoin. The freedom to rule without any kind of government policy is one thing that make bitcoin its own free will to increase at all time or decrease when time comes.

[johnalyn]

Bitcoin's price is destined to rise because unlike other fiat currencies BTC is predictable and has limited in supply.
So with limited supply when bitcoin becomes more popular demand is rising and price is increasing as a result.

There are also couple more factors to consider:
- bitcoin is still a technological novelty, adoption is till in its early phase
- bitcoin is not based on debt
- bitcoin is not controlled by central authority, government or institution

With bitcoin we can avoid something like this: https://en.wikipedia.org/wiki/Dollar#/media/File:Zimbabwe_100000000000_Dollars_Bill_2008.jpg

Great explanation, that would surely help to those who are new here in bitcoin world and has doubts if this is a good investment or not. I am already convinced with all the positive explanation and I have read it online, the information I ready is very vital that it resulted me to be more optimistic of the price of bitcoin, I am currently holding some bitcoins now and this is intended for long term investment.

I agree with you that has a great explabation, that surely help me here even I have the a better knowledge that is not enough without this kind of explanation so better to read for thise new like me here in this world of bitcoin. and I'd rather add some research it for more additioanal knowledge for me.