What makes the bitcoin price stronger in the market?

[equator]

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.  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.

I think this is the main reason of the bitcoin price booming but their is one more reason of ETF decision of giving approval or not, because if it gets approval then you cannot imagine what will be the price of bitcoin

[bitbob82]

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

yes that is right now people got awareness about bitcoin and they are joing the world of bitcoin in  great number which is making bitcoin more and more stronger.

[bestluck]

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.  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.

I think this is the main reason of the bitcoin price booming but their is one more reason of ETF decision of giving approval or not, because if it gets approval then you cannot imagine what will be the price of bitcoin

If ETF approved bitcoin then the affect on them will happen at that time while now we all know that Japan has approved it in their country and when people saw that the state is in the support of bitcoin and the state will secure them then they rushed to invest in bitcoin and the price is jumping up very higher.

[Kevin77]

Strong bitcoins in the market due to the high demand and bitcoin users

you are right that the stronger price of bitcoin in the market depend on the users and also on the high demand of the people, as we see that the price of bitcoin in this year has become very high it is because the users of bitcoin has been increased in this year, many people have joined the bitcoin community and also the demand of bitcoin has increased by the people which has make the price of bitcoin stronger.

There are so many reasons for the prices to go high in which the most common one is the increasing demand for the bitcoin. No doubt people are accepting it more than ever they had before and this set a path to the increase in the demand of the bitcoin as many of the people wants to have it. This directly is proportional to the price of the bitcoins and this is highly witnessed by sudden increase in trading volume in some specific countries.

[mayax]

many big exchangers don't allow fiat deposits and withdrawals but the price is going up Smiley      from where?

all the chinnese exchangers stopped the withdrawals months ago, Bitfinex last month, BTC-e the same...


that say A LOT about fake volumes and market manipulation.

[Dudeperfect]

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.

That's what we are expecting other countries to adopt. The early adopting countries will definitely have some early bird benefits in terms of determining legal, economic etc frameworks and ignoring this technology would not prove anything. I think every developed & developing country should take efforts to recognise and sync this new technology with the current system to avoid conflicts and misuse of this invention.

[rickadone]

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...

That's a sign that bad news is not necessarily able to make bitcoin destroyed, it actually makes bitcoin stronger in the market, until the time I post this price is more than 1600 USD

I don’t believe in any good or bad news is the reason for making the bitcoin prices stronger. I believe that there are the qualities of the Bitcoin that are helping it making the prices stronger and make the countries come to the point to put their remarks better for the Bitcoin with no other option left to accept and appreciate it.

More particularly bitcoin's fundamental features and bitcoin community are the biggest the reasons for making bitcoin price is getting stronger. When mass adoption will be happening, we are going to have more stronger prices for bitcoin like in millions.

[squatz1]

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

I really don't think this is true in the least, I think people are just hyping Bitcoin into the stages of it hitting these massive numbers at the moment. Before, Bitcoin was on pace to actually leveling out and not having any sort of volatility but it came out of nowhere for Bitcoin to be hyped. This is something in which I feel was orchestrated by the big whales and the HODLers as a whole in order to make some good money, and at this pace they're actually doing pretty well.

You can't try to tell me people are becoming curious at this random time, this is a volatile coin with a history of issues surrounding the exchanges that have sold them and continue to sell them to this day (I'm looking at you BFX)

Price strength is judged by the people buying and selling, more buyers that want causes an increase. Simple economics.

[danherbias07]

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

Or in other terms, you wont need to worry much if there is someone behind it specially when a big fall happen.
Bitcoin aint like that. If there is a fall, maybe we are the one who are at fault.
A panic sell or believing a lie that had been spreaded all over the community for the sole purpose of another user selfishness, just to give way for him to buy back.
It is stronger in my own opinion, because the technology is getting higher. With just an internet you could be introduced to it just by pages in a social media or blogs that pops out of your computer.
With that we grow in number of peolple which will be demands.

[bitgolden]

Due to high demand and also the users who has a smart way to manage bitcoin, thats why it gets more stronger

I guess the bitcoin prices being stronger are not such a complex thing to be understood. Any person who knows the A B C of the economics can understand it very easily. There is a very simple rule for the prices getting high and low of a certain commodity or stuff, the demand and the supply. Whenever there is a high demand with a limited supply the prices will go high. 

[raven7886]

Some people think that people spending Bitcoin is what causes the price to rise, but that's not the case. The price of Bitcoin rises simply because there are more Bitcoins being bought than there is being sold. When many people buy Bitcoin, all the amount that is currently available for sale at that particular price gets sold out, and then the higher priced Bitcoins that are available, become the new price of Bitcoin. That's how prices rise in all markets. The rising price is a sign that more and more money is getting converted into Bitcoin, by investors.

There are two main reasons why investors are preferring Bitcoin; One of them is that they're looking for a safe asset to place their money into, and especially in countries where there is capital controls Bitcoin provides important advantages. The other reason is, obviously, the consistently appreciating value of Bitcoin.

Well according to the economics the prices go high with the increase in the demand, when the demand is high and the supply is limited the prices will go high. Now people who spend the bitcoin will also try to make more so to cover the spending. While on the other hand we see new people buying or demanding to buy the bitcoin which is the actual reason to the high prices.

[batang_bitcoin]

It is us, investors who supports bitcoin that makes the price of bitcoin stronger. And recently, the popular adoption of Japan lead the price to this point, that's why we are seeing the price of bitcoin pumping rapidly. Expect that there's more to come because this is going to attract other countries and other investors too.

[katrimans]

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...

It's not caused by HF, Due to the massive adoption in japan for bitcoin, it makes more people try to buy some bitcoin in japan, especially some of the big banker in japan has started to make his own cryptocurrency and try to trade them with ethereum and bitcoin. Japan has driven all of this bullish thing. Nothing to say for HF, that just makes the bitcoin is dying.
But if we can gain a larger blocksize and more adoption will come for bitcoin. Just the matter of time. And wish the politicians on bitcoin try to stop his greedy campaign right now.

I don’t agree with you. The other alts developing are actually helping and promoting the BTC. The alts are not traded directly, they have the option to trade them with the BTC and they are actually playing a big role in making the BTC a digital gold. The BTC is father of all, keep calm it is not going to die.

[Mpamaegbu]

In my opinion what makes Bitcoin price stronger is simple:

1. Market Speculation
                    And
2. Limited supply of the coins in circulation.

[Gintama214]

    Yes there are many aspect that make bitcoin users more convinced that they can be confident on investing bitcoin price because they know that bitcoin price will never go down on the market. Bitcoin is rising because there are many investors and users who are investing on the coin and as many people who discover bitcoin the market price is also going sky high rocket. Also the bitcoin is getting and getting more stronger every time and everyday in the market is because also in trading it gives them shares whenever someone does a trade.  

[Victorycoin]

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.   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.

Yeah Bitcoin have been made a legal tender in Japan leading to mass adoption by businesses and individuals. The extra demand this development created is exactly a wind behind the present surge in the price of Bitcoin. It can be expected that many more countries are sure to take a cue from Japan and we can expect the price of Bitcoin would go higher than this in no time.

[FasTroy]

For sure, the use of people can makes the bitcoin price stronger in the market. Nowadays there is a lot of people who use bitcoin every day. and day by day bitcoin community becomes more larger, In result of enrolling a lot of member in this community every day. So it's normal that we see bitcoin price is the strongest one in the market.

[jossiel]

If I'm not mistaken the demand and new investors that are coming in to invest in bitcoin is what makes the price stronger.

Because of new capital and money that is being entered to the bitcoin economy that is adding to the price increase.

And when there are whales that are selling that's the start of price decreases but still that will be the advantage of the traders.

They are buying at low and just hold it until the price gets higher.

[lionheart78]

If I'm not mistaken the demand and new investors that are coming in to invest in bitcoin is what makes the price stronger.

Because of new capital and money that is being entered to the bitcoin economy that is adding to the price increase.

And when there are whales that are selling that's the start of price decreases but still that will be the advantage of the traders.

They are buying at low and just hold it until the price gets higher.

I agree, if it is not for the new investors and adopters, there will be no demand and new funds coming in to Bitcoin economy.  This is the reason why we promote, advertise, and encourage merchant to adopt Bitcoin and put it on their list of accepted payment.  To attract new users and show them that  Bitcoin has indeed a usage and is in demand of certain stores world wide.

[ethereumhunter]

If I'm not mistaken the demand and new investors that are coming in to invest in bitcoin is what makes the price stronger.

Because of new capital and money that is being entered to the bitcoin economy that is adding to the price increase.

And when there are whales that are selling that's the start of price decreases but still that will be the advantage of the traders.

They are buying at low and just hold it until the price gets higher.

I agree, if it is not for the new investors and adopters, there will be no demand and new funds coming in to Bitcoin economy.  This is the reason why we promote, advertise, and encourage merchant to adopt Bitcoin and put it on their list of accepted payment.  To attract new users and show them that  Bitcoin has indeed a usage and is in demand of certain stores world wide.

the more new people join in the bitcoin world, then it will give impact for the bitcoin price and the price will be stronger, especially we know that now many investors and adopters that really interesting with bitcoin and they not just attract with bitcoin price only, maybe they found that bitcoin is another solution for them to make money.