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Author Topic: What makes the bitcoin price stronger in the market?  (Read 10218 times)
DoublerHunter
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May 07, 2017, 10:47:19 AM
 #121


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 following may have influenced the rising of Bitcoin price in the market:

1) Its supply is fixed.
2) There seems to be a huge number of people using and/or dealing with Bitcoin.
3) The higher Bitcoin's price is, the higher the number of transactions involving Bitcoin will come to play.
4) Pioneer among other digital currencies, or should I say, the most popular of all digital currencies as of writing.

The list above is not exclusive as there are other factors that contribute to its success in the market. 

They are just the reason why bitcoin grows steadily, but, that is wrong, the bitcoin market is mutating, it grows abruptly, and without any event making that happen, I Feeling very curious about it. So, I feel worried, bitcoin may be being taken over by some force.
Bitcoin won't get trapped into specific hands. If it is possible then it could have taken place long back when several hard forking and other issues arise from the technology side as well the development side. So no need to fear that it go worthless or under someone's control.
Bitcoin now is decentralized and there is no organization or people controlling over bitcoin because the only thing that can happen in bitcoin is manipulation especially in the market, like dictating the price but it will not be that huge deal for other people because it is very normal for a decentralized currency because it is only depending on the demand.
paul gatt
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May 07, 2017, 12:42:56 PM
 #122

the bitcoin is a investment unlike the stock because it's  free from To the control of certain companies,
so you can know that the advantage of the decentralized

No, bitcoin is completely free, decentralized and unmanaged by any company, it's like a free stock, it just depends on the market. And what has happened has shown the power of bitcoin in the virtual money market, it does not need any sort of management and decentralization. We used to think that bitcoins would be reduced in strength compared to other coin, but I was wrong, bitcoin is the strongest and most developed.
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May 07, 2017, 01:24:19 PM
 #123

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.
True, the main reason of strong price of bitcoin on market is its price. Because the price of bitcoin always changed and follows the principle of law of price and demand. Where the price change is dependent on the specific support of the users of bitcoin. And if there is change there is always development where in bitcoin future is ahead on its development. As we continue the support we do on bitcoin and it becomes more popular in the near future the price of bitcoin will sure increased and the possibility of reaching 2,000 US dollar price will happened soon.
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May 08, 2017, 12:17:07 AM
 #124

demand and it's limited supply
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May 08, 2017, 12:23:24 AM
 #125


The company increased trading volume. Invest in payment gateways and payment instruments. And mostly human factors that accept the use of bitcoin as a means of payment or not.
There must be strength in the use of bitcoin. Because bitcoin will be amazing when used by many people.
People have to work together to use bitcoin in their daily lives for official bitcoin recognition.
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May 08, 2017, 01:01:14 AM
 #126

Yep the price soaring up is proof that more people is getting convinced that it is a good long term investment
with the recent institutional investor coming mostly from japan in just a week there were 5$ bln invested in bitcoin that's why it soar up to $1500.
Bitcoin is really the top of crypto currency.

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KennyR
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May 08, 2017, 01:28:20 AM
 #127

Yep the price soaring up is proof that more people is getting convinced that it is a good long term investment
with the recent institutional investor coming mostly from japan in just a week there were 5$ bln invested in bitcoin that's why it soar up to $1500.
Bitcoin is really the top of crypto currency.
It's true that more users believe it to be the good investment to profit in a large scale than any other investment plans that we make through shares. Here just buying and holding itself serves as an investment without much complications. Recent pumping happened due to the Japan market making big investment. Hope upcoming months more Countries do the same.

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May 08, 2017, 08:32:09 AM
 #128

Because the bitcoin users more and more then the price of the market more rapid and stronger than the very bitcoin price.


It's one of them, but there are other driving elements that nowadays blow a lot of positive news about bitcoin, so the investors believe that the market responds positively so that the price goes up
Yes it is also one of the main factors that the positive aspects of the news are making it strong but what really makes it stronger is the acceptance of people in their life for the bitcoin. The Bitcoin is now considered and people are understanding it that what good is it doing in their lives so basically the people accepting it are making it stronger.
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May 08, 2017, 08:54:16 AM
 #129

Because the bitcoin users more and more then the price of the market more rapid and stronger than the very bitcoin price.


It's one of them, but there are other driving elements that nowadays blow a lot of positive news about bitcoin, so the investors believe that the market responds positively so that the price goes up
Yes it is also one of the main factors that the positive aspects of the news are making it strong but what really makes it stronger is the acceptance of people in their life for the bitcoin. The Bitcoin is now considered and people are understanding it that what good is it doing in their lives so basically the people accepting it are making it stronger.
Correct, I think why bitcoin has a stronger price in the market is because the bitcoin community is continue growing day by day and at the same time the demand is growing too. Yet, bitcoin is now legalize in Japan and making a big investment. I hope that some countries legalize the bitcoin.
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May 08, 2017, 10:21:07 AM
 #130

Demand of bitcoin and the limited supply from the miners that's make the bitcoin price increase the bitcoin user's or holders increases so the demand also increases the miners also need to mine at the limit at now there are still bitcoin not mine that could exist.
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May 08, 2017, 03:42:16 PM
 #131


Because the bitcoin users more and more then the price of the market more rapid and stronger than the very bitcoin price.

It's one of them, but there are other driving elements that nowadays blow a lot of positive news about bitcoin, so the investors believe that the market responds positively so that the price goes up

Yes it is also one of the main factors that the positive aspects of the news are making it strong but what really makes it stronger is the acceptance of people in their life for the bitcoin. The Bitcoin is now considered and people are understanding it that what good is it doing in their lives so basically the people accepting it are making it stronger.

Correct, I think why bitcoin has a stronger price in the market is because the bitcoin community is continue growing day by day and at the same time the demand is growing too. Yet, bitcoin is now legalize in Japan and making a big investment. I hope that some countries legalize the bitcoin.

yes the bitcoin price is very stronger in the market that is because of legalization of bitcoin in japan and i think that due to this the other countries will also try to make the bitcoin legal, and the great benefit will be this that those people who didn't know about bitcoin in japan they will also want to study about it that what is bitcoin and why the government has accepted bitcoin as legal currency and after that the bitcoin users will be increased and in-turn the price will become more stronger.

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May 08, 2017, 04:01:09 PM
 #132

More and more people are now getting interested in BTC due to many channels/ways that provide information about it like social media and with the use of android/iOS phones. Due to these, many people are now investing to it day by day. Different financial companies also started investing to it providing stronger position for BTC in the market. Many countries are now adapting the technology of it and they also introduced it to be used in their daily lives just like any fiat currency.
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May 08, 2017, 05:18:12 PM
 #133

The bitcoin users are increasing because of the popularity and in many ways the bitcoin is giving us so many opportunities and many advantages and because of that the bitcoin demand is going up so the price is increasing rapidly like the increase of demand in the market.

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May 08, 2017, 07:56:44 PM
 #134


The bitcoin users are increasing because of the popularity and in many ways the bitcoin is giving us so many opportunities and many advantages and because of that the bitcoin demand is going up so the price is increasing rapidly like the increase of demand in the market.

yes i am agree with you that the increase in the demand of bitcoin in-turn make the price of bitcoin stronger in the market and  also the users of bitcoin has increased by making the bitcoin as source of their knowledge and opportunity, and the great reason behind the price of bitcoin is the investment in bitcoin
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May 09, 2017, 09:02:56 AM
 #135

People are increasingly talking about bitcoin, popularity is growing and money is being invested. Advertising, the key to success for all time
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May 09, 2017, 09:27:00 AM
 #136


The bitcoin users are increasing because of the popularity and in many ways the bitcoin is giving us so many opportunities and many advantages and because of that the bitcoin demand is going up so the price is increasing rapidly like the increase of demand in the market.

yes i am agree with you that the increase in the demand of bitcoin in-turn make the price of bitcoin stronger in the market and  also the users of bitcoin has increased by making the bitcoin as source of their knowledge and opportunity, and the great reason behind the price of bitcoin is the investment in bitcoin

When the price started to increase, people are started to invest on Bitcoin. And in market bitcoin is getting big demand, so the price is rising constantly. We thought the BTC price would hit $2000 this year end. But at present market fluctuation we see means it will hit $2k within this month.
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May 09, 2017, 06:25:38 PM
 #137

To be honest, I am not surprised with the current price rise as I am expecting this sharp move (both upwards and downwards) in this year. I think this is a symptom of increasing trust in cryptocurrencies (not only in bitcoin but in ltc etc too), prices will keep fluctuating but the growth in user base is very promising for the future of these cryptocurrencies.
Yeah, Bitcoin already built its reputation to the public and a lot of people now especially those investors and traders trusted bitcoin for their possible investment or source of income and also the good news like the leading country that adopts bitcoin which is the country of Japan, that is enough for the proof that bitcoin is getting bigger and bigger and soon we will witness a 10x price for bitcoin.
Yes, I do agree when a country like Japan announces to accept the cryptocurrency it has a great impact on the market and the price of the bitcoin.

By saying this it not only allows its own citizens but also it sends a message to the rest of the world and the people are encouraged to use the Bitcoin and the alts. This is a great effort in the end to make the prices fly and this what happening right now.
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May 09, 2017, 07:01:03 PM
 #138

bitcoin price are not controlled by someone because the main purpose of its rising is all the exchanges have there own users population which makes the demands for the currenciyes like bitcoin and other alts and also  the supply by trading the coins with each other. so demand and supply makes up the price of a particular cryptocurrency or any product at a particular exchange. every exchange has price difference and so is the chance to make money for everyone
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May 09, 2017, 07:12:55 PM
 #139

Generally speaking, i think bitcoin awareness is growing and alot of people are atleast becoming curious about bitcoin.  This will obviously make a certain percentage of those people to find out more about bitcoin and possibly make an investment which in turn will helps the rise in rate of bitcoin.  The future of bitcoin looks great.  The downside for me is i still don't have 1BTC yet Sad
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May 09, 2017, 07:27:01 PM
 #140


The bitcoin users are increasing because of the popularity and in many ways the bitcoin is giving us so many opportunities and many advantages and because of that the bitcoin demand is going up so the price is increasing rapidly like the increase of demand in the market.

yes i am agree with you that the increase in the demand of bitcoin in-turn make the price of bitcoin stronger in the market and  also the users of bitcoin has increased by making the bitcoin as source of their knowledge and opportunity, and the great reason behind the price of bitcoin is the investment in bitcoin

When the price started to increase, people are started to invest on Bitcoin. And in market bitcoin is getting big demand, so the price is rising constantly. We thought the BTC price would hit $2000 this year end. But at present market fluctuation we see means it will hit $2k within this month.
Folks at Japan are pushing price higher, they're hungry for bitcoins.  Smiley i think you might be right we're going to see $2000 within this month, it's amazing to see bitcoin price reaching new highs.
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