How did Bitcoin start to price increase?

[mi56374100]

The rise of bitcoin is due to the demand of the market, and the more people buy it, the higher the price will be.

The price of bitcoin, which shows a rise in prices every year, means it's going to be worth more and more,

[lixer]

Every year the price of bitcoins shows a rise in the price which proves that bitcoin is of good  store value, the price of any product or commodity is determined by the economic factors of demand and supply.  As every day new bitcoin users are entering the bitcoin market the demand keeps on increasing and the news of bitcoins is reaching everywhere making it more demanding and there is only limited number of 21 million bitcoins available in the crypto market after mining all the bitcoins the price will still rise due to more users and more demand of bitcoins.

If it was just that, bitcoin demand is more than ever now and definitely the number of available bitcoin decreases with every passing year. Digital market has many factors involved and the biggest one that plays a vital role is big whales. These people influence the market greatly and they also helped bitcoin as well as all the altcoins to survive through tough times.This market is a complex one,

[torch2121]

Bitcoin is a volatile market. For the past month right from the first month of the year drops drastically. As I see for the reason why it drops is most of the people set their time frame when to exchange their Bitcoin to profit. Then the very sad news is the ban of Bitcoin advertisements from Google and Facebook. But everything is going fine now as market drops new investors comes in and a lot have happen lately were California takes first steps toward embracing Blockchain with the new bill, then Taiwan aims to enforce cryptocurrency regulations by November, then a former Banker from JPMorgan says that Cryptocurrency market will get much bigger, and the most good news of all is that Russia Supreme court review of Bitcoin ban. Everything is getting good with Bitcoin and I hope that before the end of the year 2018 it reach $25,000-30,000.

[Kusnechik]

It is necessary to determine the value of bitcoin or its price. So far, more data are available for raising its price in connection with speculations conducted by the crypto-currency community.

[BHX91]

Bitcoin prices have experienced many ups and downs, this is formed by various factors. As bitcoin price increases depend on supply and demand, demand is higher than supply, bitcoin prices will increase sharply. In many cases people will buy electronic money based on their utility, the possibility that an electronic money can bring to the user is solving the problem, the more solved the problem, the more it will be. buy more, because a kind electronic money ie it is well worth.

[fiulpro]

The price of Bitcoins is increasing because the investors are increasing more and more countries are accepting Bitcoins and slowly it's gaining momentum.
It's being accepted as a mode of payment in many countries too you could even see Bitcoins ATM's in more developed ones .
Value of Bitcoins is increasing according to the demand and supply rule.
More demand limited supply causes the price of the same thing to double.

[kauban2018]

According to 2017 research, Bitcoin started increasing its price due to four main factors that contributed not just in one or two countries but also to other countries. First, as what we've knew bitcoin started in Japan for the person or people who designed the original bitcoin protocol in 2008 and launched the network in 2009 namely Satoshi Nakamoto. It was said that the first factor when Japan demand the legalization of bitcoin as an official payment method considering the current method that some of us were using. Second, was when The Securities and Exchange Commission (SEC) in the US are planning to review the bitcoin Exchange-Traded Fund(ETF) because of its marketable security. Third, it was predicted by Jeremy Liew an expert of and first investor in Snapchat that if you are going to be an investor in anything, you need to have the most trading volume and right now thats happening in Bitcoin. Lastly, when other countries will accept the business therefore a business must have a potential or initiate to improve by negotiating to other rich countries by trading.
And all of these may possibly help those who really values there accounts or investments to Bitcoin.

[PRC_May]

There are many factors working behind it like the core may have increased and the mining has also been increased, more acceptance by peop

[Firdausiii]

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.

I think everything is moving from very high demand to make bitcoin very expensive. And bitcoin can move its price and pump it into it because of the good news that makes bitcoin prices so high because bitcoin last year became popular after bitcoin rose to $ 20k

[MAJICOIN]

Bitcoin is good due to many ways and if the bitcoin show a price increase then bitcoin demand high in these days and if we keep bitcoin and do not sell in high quantity and if we trade this for exchange it is also a good way but market forces like demand and supply can measure bitcoin value in the present time. Bitcoin is good to hold and instead of panic selling we have to hold it.

[reverseflash]

Obviously limited quantity, the highest resistance to a fake, convenience, speed and freedom of transactions. And it is only a minimum which is remembered at once.

[dvillier]

Bitcoin is great because of numerous ways and if the bitcoin demonstrate a cost increment then bitcoin request high in nowadays and on the off chance that we keep bitcoin and don't offer in high amount and in the event that we exchange this for trade it is additionally a decent way however showcase powers like request and supply can gauge bitcoin esteem in the present time. Bitcoin regards hold and rather than freeze offering we need to hold it

[Phantomberry]

You can see it in law of Supply and demand you will define what truly happen in bitcoin in the past year there so many investor coming that's want bitcoin price increase.

[chengyinoing]

The rise in prices depends entirely on the supply of demand in the bitcoin market. There are a lot of people willing to invest in bitcoin, and real demand is growing because of the popularity.

[really01]

Bitcoin prices increase with supply and demand rules. There are only 21 coin in the world. while the present is much less. Suppose now the world would like to have a bitcoin. 21 million / 7 billion people. It is impossible for a person who wants 0.1 btc. So when many people want to hold btc more then its price will increase.

[andika2018]

Bitcoin prices increase with supply and demand rules. There are only 21 coin in the world. while the present is much less. Suppose now the world would like to have a bitcoin. 21 million / 7 billion people. It is impossible for a person who wants 0.1 btc. So when many people want to hold btc more then its price will increase.

Indeed, bitcoin price depending on demand and supply. Total supply already peged at 21million and circulating supply in market less than that. Bitcoin demand increasing because many investor believe, bitcoin is gold in digital world and as investment bitcoin is very profitable

[chickenfried12]

As the 21-mil. bitcoin distribution is not equal, miners' digging times are increasing, so the price of the bitcoin that starts to rise will increase and this will lead to a good position. The real rhythm adaptation that needs to be worked on is very important.

[CaptainKid]

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

The price bitcoin varies and can not constantly grow, but if you take into account the overall situation and the entire period of existence bitcoin, then this growth depends on supply and demand. The popularity of bitcoin and the number of people who want to invest in bitcoins, are increasing, respectively, and the price. But this is my personal understanding)

[Betwrong]

As the 21-mil. bitcoin distribution is not equal, miners' digging times are increasing, so the price of the bitcoin that starts to rise will increase and this will lead to a good position. The real rhythm adaptation that needs to be worked on is very important.

It would be more right to say that the block reward has been decreasing with time and that is because Bitcoin was designed this way. It was 50 BTC from Jan 2009 to Nov 2012. Then it was 25 BTC from Nov 2012 to Jul 2016. And now we have 12.5 BTC which also will be halved in Feb 2020. The "digging times" are not increasing because every new block takes 10 minutes on average to mine, always. If it takes more than 10 minutes to mine a block, the difficulty (the required number of leading zeros in the block hash) decreases, and vice versa.

But it's true that the demand for BTC is higher than the supply of it, and the difference will only be intensified in the future entailing the rise of the price.

[spongegar]

It actually depends on the market. The markets has dips and rise from time to time so it affects the price of bitcoin. But overall, bitcoin does have a significant increass every year and more and more optimistic predictions happen every quarter. I guess the reason for it's increase is that more and more people buy it, more and more projects uses bitcoin and of course more and more people are knowing its existence. More people knowing, more peoole buying.