What makes the bitcoin price stronger in the market?

[iqlimasyadiqa]

One way to make bitcoin as a means of payment is to use bitcoin in everyday life. Currently bitcoin prices have increased significantly. What we do is to continue constantly using bitcoins. This can make bitcoin prices continue to increase.

[Blackdeath]

One way to make bitcoin as a means of payment is to use bitcoin in everyday life. Currently bitcoin prices have increased significantly. What we do is to continue constantly using bitcoins. This can make bitcoin prices continue to increase.

I don't think so. Bitcoin's price/market is increasing because most of traders prefer to use bitcoin to trade. One thing is also because digital currency is being introduced globally and invetors are interested to invest in bitcoin and altcoins as they see that it has a future.

[virasog]

There are aspects that make bitcoin users more and more convinced that bitcoin is a good place for investment so now bitcoin prices are rising in the market!

Bitcoin is having good name in the market especially in terms of investment, the price is rising good and people gets more interested when they see it higher than before so they buy now and wait for further price increase. I think Bitcoin is a new currency for most of the new people who are not aware of it and as its demand is increasing, its price will defiantly increase.

[Vaskiy]

One way to make bitcoin as a means of payment is to use bitcoin in everyday life. Currently bitcoin prices have increased significantly. What we do is to continue constantly using bitcoins. This can make bitcoin prices continue to increase.

I don't think so. Bitcoin's price/market is increasing because most of traders prefer to use bitcoin to trade. One thing is also because digital currency is being introduced globally and invetors are interested to invest in bitcoin and altcoins as they see that it has a future.

As quoted bitcoin usage have been increasing in a big level. The reason is that every bitcoin user have profited on using it, this has given them an added hope of investing more regularly. This has caused a large number of adoption that has made the price increase significantly.

[olushakes]

Several factors in my own opinion are responsible for a stronger price of an item or currency. But don't let us mistake higher price for stronger price because in as much as they can be used interchangeably, they are not the same. For me I won't agree that bitcoin price has been stronger because just yesterday, the price went as high as $1500 and with the next few minutes that I checked again, it went back by over $90 that's not a strong price because it didn't stay at that against forces for a long time rather what was witnessed is purely a high price.

[n2004al]

There are aspects that make bitcoin users more and more convinced that bitcoin is a good place for investment so now bitcoin prices are rising in the market!

There are to many factors which makes the bitcoin price stronger in the market but the main one is the request for it. The demand for bitcoin make the price goes up because of the simple law of supply/demand. The demand is much more higher than the supply. This cause the increase of price. And this will be even in the future the main reason of the increased price of it.

[squatz1]

Only thing that is really going to be controlling of price is going to be directly relating to the amount of demand that there is for bitcoin and what the traders / whales are doing at the moment. If the big whales want to see the price go down to buy a little low, they'll run a full campaign to make people think that you should get out of a bitcoin right now and such.

It's a crazy ploy but this is stuff that happens with Stocks, Commodities, and even closer to home altcoins all the time through people being bribed in the news to say the right thing to the right audience.

The strength of the bitcoin price is all fake, it's just some people running everything.

[avikz]

I believe in bitcoin and that’s what is making bitcoin the greatest crypto currency of all time. It’s public trust. Being a pioneer in crypto currency market, bitcoin enjoys this privilege. Millions of people have earned a good amount of money just by investing in bitcoin and hence they have their trust on bitcoin.

That’s what exactly I feel about bitcoin. When I started investing in bitcoin, the price was standing at 450 USD. So you can understand that how much profit I am making just by holding my bitcoin.

[erikalui]

Bitcoin has a huge market in China and US which is why the price keeps fluctuating a lot and with the rising price, more companies are willing and open to accepting and working on bitcoin currencies to attract more customers. With having just 14k transactions in 2012, Jan 2017 showed a record of 350k transactions. With this, hope the market keeps growing and this currency reaches even more  users.

[jorneyflair]

I was really amazed last time, that the bitcoin price has risen up to 1300-1330$ dollars in just a few hours, when nobody was expecting such a scenario.
To be honest, I thought we will have some kind of correction in a short time, or at least a small move to the downside, but nothing like that has happened!
Next day about this increase, the bitcoin price went up even to 1420$. There might be many reasons why that happened, but personally I think that the Japan had the biggest influence on this price last time.
They are probably exchanging a lot of their money for BTC, so the demand is getting higher-same as the price.

[btcjoin14]

Bitcoin has a huge market in China and US which is why the price keeps fluctuating a lot and with the rising price, more companies are willing and open to accepting and working on bitcoin currencies to attract more customers. With having just 14k transactions in 2012, Jan 2017 showed a record of 350k transactions. With this, hope the market keeps growing and this currency reaches even more  users.

That does not explain why the price of Bitcoin is getting stronger/more expensive within Bitcoin Markets. If there is a bunch of transactions from China then that only means the people in China are transferring Bitcoin to each other –that means that they are really spending Bitcoin’s instead of actually holding onto them.
The price of Bitcoin gets its value when there is more people purchasing Bitcoin and holding them, that makes it tough to purchase from people because there wouldn’t be that many Bitcoin’s within Bitcoin Exchanges. So, people holding onto their Bitcoin will cause the cost per Bitcoin to be more expensive.

[JoelKatz]

That does not explain why the price of Bitcoin is getting stronger/more expensive within Bitcoin Markets. If there is a bunch of transactions from China then that only means the people in China are transferring Bitcoin to each other –that means that they are really spending Bitcoin’s instead of actually holding onto them.
The price of Bitcoin gets its value when there is more people purchasing Bitcoin and holding them, that makes it tough to purchase from people because there wouldn’t be that many Bitcoin’s within Bitcoin Exchanges. So, people holding onto their Bitcoin will cause the cost per Bitcoin to be more expensive.

And yet, if you plot volume against price, they track almost perfectly. All the evidence we have suggests that higher prices correlate quite strongly with higher transfer volumes.

[countryfree]

The risk of a hard fork is probably gone, but solutions to the scalability issue are still far away. SegWit is still months from gaining the support it requires. I guess demand is moderate, but most people are holding till the problems are solved, and that pushes the price up, but that may be a bubble.

[CROYA86]

The only thing that i know that makes the price of bitcoin stronger day by day in the different bitcoins exchangers market is the demand of the people who is really growing big and also the popularity of bitcoin which is a lot way bigger than last year and if you combine those two then it would be probably result for a very high price. You need to remember that we have only limited supply and the demand is getting bigger so we can expect up to 2,000 USD price this year.

I agree with your argument, according to the economic laws any increase in demand then the price will rise because of the scarcity of goods. This is what is happening now bitcoin strengthen the market because many people are buying

[socks435]

The only thing that i know that makes the price of bitcoin stronger day by day in the different bitcoins exchangers market is the demand of the people who is really growing big and also the popularity of bitcoin which is a lot way bigger than last year and if you combine those two then it would be probably result for a very high price. You need to remember that we have only limited supply and the demand is getting bigger so we can expect up to 2,000 USD price this year.

I agree with your argument, according to the economic laws any increase in demand then the price will rise because of the scarcity of goods. This is what is happening now bitcoin strengthen the market because many people are buying

I think it will be still depends in the trends if they heard a good news about bitcoin bitcoin can be increase fast but if they heard some bad news like exchange site was crash and hack expect in few minutes and hours you can see the price will drop..
So much better to follow the trends and more people are talking about bitcoin in speculation that i think as a good place where you can see some sign that the price will drop..

[Phyton76]

There are aspects that make bitcoin users more and more convinced that bitcoin is a good place for investment so now bitcoin prices are rising in the market!

Bitcoin's market are impressively increasing its market value. I think the reason behind this is because  a lot of countries are embracing digital currency and they have been using bitcoin for making it as mobile banking and investment. Also, because of such good news regarding bitcoin, investors are more likely to be convinced which is the reason why bitcoin pump rapidly.

[gribble]

Bitcoin price stronger in the markets, i think because  demand of bitcoin from the users to investing into bitcoin
but amount of bitcoin is limited so price of bitcoin is increasing,
the other reason bitcoin price stronger because, bitcoin become more famous and many investors make investments in
bitcoin, include the traders, speculators that made bought bitcoin with large of money.

[Mbah Tyo]

One way to make bitcoin as a means of payment is to use bitcoin in everyday life. Currently bitcoin prices have increased significantly. What we do is to continue constantly using bitcoins. This can make bitcoin prices continue to increase.

The same way I do, much I buy with bitcoin in sufficient daily needs, of course so that bitcoin can grow and more and more users, can make bitcoin prices strengthened in the market

[thebitcoinkiddo]

There are aspects that make bitcoin users more and more convinced that bitcoin is a good place for investment so now bitcoin prices are rising in the market!

Just seems like a lot of people are buying for the sake of higher prices. Eventually it'll fluctuate down too, nothing against BTC.

[Pujangga]

because everyone save bitcoin, could not be denied again that everyone loves with bitcoin so bitcoin will continue their buy without regard for price.