What makes the bitcoin price stronger in the market?

[Kousei23]

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!

I guess it makes stronger because of the people who are usung it. Many people are using bitcoin today because they see that it is very helpful and gives us a lot of advantages. Many people think that in bitcoin they will earn and have income daily, weekly or monthly. And today bitcoin is a good investment because you can somehow use it as a alternative money because it is accepted in some establishments and food chains.

[stomachgrowls]

Just to ask a question, since i have been trading forex i know the market is partly moved by speculation of sort. am wondering if Bitcoin price is also influenced by speculations?

Im also a forextrader too but i can really see the difference on trading on both fields.Forex price movements is too complex and too volatile since there are lot of currency pairs to be selected which are more than on cryptocurrency only. Bitcoin price do really matter on adoption of people on which who uses it even more because we do know the more demand it has the more valuable it is considering theres only a limited supply of bitcoin.

[btcdiggingmaster]

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 think its price is not increased by the usage, it is completely based on the market where people are holding bitcoin. I don't know exactly why people are showing much interest towards bitcoin.

[just_Alice]

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!

Because more and more people are getting to know about BTC, I think bitcointalk itself plays a big role in spreading ideas that BTC is a good investment. And people are learning from their mistakes, we all know that if we invested in bitcions earlier some of us could be millionaires. So why don't try doing it now, maybe bitcoin will cost over 10 000$ someday. And why not alts? I think because BTC is a matter of current report, everyone wants to make an investment in something, that is well-known and time-tested.

[machinek20]

The main reason of this is the demand is rising, many people starting  to invest in bitcoin and experienced bitcoin is a very good investment, so now a lot of people try to invest in bitcoin and that caused a rising in price and the popularity of bitcoin has been increased a lot, so there will be more people joining bitcoin world and that will cause the demand to increase again

[TastyChillySauce00]

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 think its price is not increased by the usage, it is completely based on the market where people are holding bitcoin. I don't know exactly why people are showing much interest towards bitcoin.

Basically for investment, maybe they just got interested because they've read so many experiences on the internet regarding the advantage of investing bitcoin and some people have proven them to be the success by being early birds and catch bitcoin while the price's still low and sell it when the price just at its peak. They want to repeat the same things and hope that it'll happen to them but unfortunately, the chances to be that success is pretty low, so they just waiting for it to come instead.

[Xester]

Just to ask a question, since i have been trading forex i know the market is partly moved by speculation of sort. am wondering if Bitcoin price is also influenced by speculations?

Sometimes the price of bitcoins in the market is affected by speculation especially if the person who made such announcement was a big figure in bitcoin. Sometimes speculation sounds true and many have believe in it causing the price of bitcoin to increase or decrease in value. But the most popular speculation of all is that bitcoin will reach 2000$ this year and somehow it is coming true.

[olubams]

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!

The reason why we have increase in the price of bitcoin which is being interpreted to be 'stronger' in the market as clearly enumerated by OP, could be due to several reason and at this time, I can clearly in my own opinion ascribed it to two factors which are:

1. The influx in the number of people getting into bitcoin and the people already are not leaving  so that is a reason.

2. Another is the recent news in the crypto space which has been good in all angle from Japan to several other countries. This has equally increase the level of confidence in bitcoin which metamorposed into increase in price.

[alexsandria]

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!

I think the demand and the number of people that are using it. The number of people or person that using it is greatly increasing so that the value getting higher. Many people are happy because of the value and it affects the stability of it. One of the reason also is the bitcoin was accepted for sure in some countries because of the good image and it affects the value or price in tge market.

[BrewMaster]

Just to ask a question, since i have been trading forex i know the market is partly moved by speculation of sort. am wondering if Bitcoin price is also influenced by speculations?

what do you mean based on speculation? speculation also comes from facts and real events affecting the price of something traders trade. it is not just out of nowhere.
for example when Japan starts accepting bitcoin as a real currency, obviously more people are going to start services and then adopt bitcoin and that increases the demand, so you speculate that and start buying and price goes up. and then the real demand comes and price goes even higher.

[Hypnosis00]

Bitcoin price is getting stronger in the market because of the supporters of bitcoin and the new investors that investing in bitcoin even the price is high because they also believe that the price of bitcoin will go even farther and that is very profitable in long term basis like its history back in the days.

[jovs]

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!

Firstly you need to understand a simple fundamental rule of Bitcoin it works in simple rule of demand and supply. Initially when the hard folk news started coming in the demand froze for a while, which lead every one to believe that bitcoin days were over. However Bitcoin not only weathered the storm it came out stronger. Secondly there has been lot of buzz of an etf which I don't know how it will come after Sec had rejected it. Then as soon Japan passed a law, the buzz almost doubled in Bitcoins and that's why the current prices. Also I feel the impact of war is included North Korea vs USA though it may not happen.

The fundamental or the basic way of bitcoin will sure say it all. The reason of making bitcoin stronger is because if its price change. Bitcoin price is always dependent to the demand of bitcoin. Which is more likely know as the support of it community which the user choose to used bitcoin on the daily basis. As its price always change it is a good thing to start a trading , business or even investment on bitcoin. As long as we continue to monitor its price and continue our support to it.

[gandame]

Bitcoin price is getting stronger in the market because of the supporters of bitcoin and the new investors that investing in bitcoin even the price is high because they also believe that the price of bitcoin will go even farther and that is very profitable in long term basis like its history back in the days.

Bitcoin is much stronger now every time they attempt to dump bitcoin its really hard to them to do that because they know that bitcoin for now are really strong enough and the price is getting higher than i expected.

[RENATA612]

Because of the large number of bitcoin users today so the demand for bitcoin has increased, causing bitcoin prices to continue to soar due to high market demand

[stevano]

I am surprised that bitcoin is getting this strong but I do not know any reason behind it. This might be another pump of the whale or the effect of bitfinex issue with the bank. Money is flocking now on bitcoin. Anyway, this is good for all of us.

Yeah, this is good news for bitcoin users, with the price increase it will increase their income, to make life more colorful because bitcoin

[chaser15]

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 by looking at the past performance and all the prices it has been passed, we can clearly see how bitcoin become stronger and more competitive in the market. Let's do not forget too that there are lots of times where negative news and other attempts to pull down bitcoin price really happened but look at what it is today.

By taking conclusion, all trials and negatives about bitcoin are one of the factor why bitcoin price is stronger. No way a stronger doesn't experienced any bad events in the past. To take it to reality, investors tend to keep up with bitcoin even there are lots of FUD happen especially this past months.

[prass tyo]

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!

It`s strange how the posibility of a hard fork made bitcoin even stronger and the price is close to 1500 USD.
Or maybe someone is pumping the btc price right now...

ts like this is not for hard fork but because market demand is increasing so that the price so go up, that bitcoin is now on the market much sought by that person because of its limited amount, I think the price can be translucent until 1600 usd

[webtricks]

What we all learn in starting is that the prices of Bitcoin simply depends upon its demand and if the prices rise, it meant that there is an increase in customers of Bitcoin. However, with passage of time when we dig deeper and deeper in Bitcoin ecosystem, we come to know that it is half-truth. There are several different reasons which effect/affect Bitcoin prices in short run without having any impact in its long term demand. Like presently, due to recognition in Japan, prices of Bitcoin boosting all over the world whereas a month ago due to possibility of hard-fork, prices were sinking. So its all psychological concept.   

[serjent05]

It is the adoption that makes the bitcoin price stronger in the market.  Without a country or people to adopt bitcoin, its price will stagnate until it starts to decline.  But with new people getting into Bitcoin, fresh funds are coming in to put a demand to the coin.  This then push the price up and make bitcoin price stronger.

[mamaita]

so far there are no bad news that really affect to bitcoin price since hardfork issue. and good news keep coming that can make people believe in bitcoin that really affect for it is price now

Exactly, bitcoin confidence increases so investors are coming to invest their capital in this case bring positive impact on bitcoin market price