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superhelper (OP)
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May 07, 2017, 09:31:53 AM |
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Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
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BitcoinPanther
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May 07, 2017, 09:40:08 AM |
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Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
The current reason why bitcoin price increase is due to the adoption of Bitcoin in Japan. There is a thought that Japanese are having a fomo right now because of the current acceptance of Japanese government plus the removal of consumption tax to Bitcoin. There is also some new about major company in Japan moving in to join Bitcoin economy. Aside from that, the announced SEC review on ETF decision is quite pushing the price too. In predicting the price of bitcoin, we can have the news and certain action of big player in the industry. They are good reference for bitcoin price movement. |
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Xester
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May 07, 2017, 09:46:44 AM |
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Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
It is hard to predict as to what will be the cause to the movement of bitcoins price in the market. But there are some clues that will tell us that something will happen. One thing that you should consider are the articles and news that talks about bitcoin. If you are reading constantly the latest news on bitcoin then you can interpret and tell as to what will be the movement of bitcoin. If the news are bad then expect that the value of bitcoin will go down, but if the viral news is good such as countries adoption of bitcoin then expect increase in bitcoins value. |
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superhelper (OP)
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May 07, 2017, 09:56:27 AM |
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Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
It is hard to predict as to what will be the cause to the movement of bitcoins price in the market. But there are some clues that will tell us that something will happen. One thing that you should consider are the articles and news that talks about bitcoin. If you are reading constantly the latest news on bitcoin then you can interpret and tell as to what will be the movement of bitcoin. If the news are bad then expect that the value of bitcoin will go down, but if the viral news is good such as countries adoption of bitcoin then expect increase in bitcoins value. your information is really good and also acceptable. Thank you very much! |
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Velkro
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May 07, 2017, 10:44:50 AM |
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Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
Noone knows for sure, too many factors. As of predicting price, same thing. Its impossible to predict, thats why its impossible to profit from it with 100% chance of success  |
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moooonu
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May 07, 2017, 10:59:39 AM |
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Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
Noone knows for sure, too many factors. As of predicting price, same thing. Its impossible to predict, thats why its impossible to profit from it with 100% chance of success As far as i know its pump and dump done by whales(large amount of bitcoin holders) which controls somewhat price of bitcoins. however its not only bitcoin but other altcoins too who got increased with the price of bitcoins. Dogecoin the currency almost seems to be dead is now 3x-4x the amount it was 2 months ago. So it depends upon a lot of factors. |
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talkbitcoin
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All I know is that I know nothing.
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May 07, 2017, 11:03:34 AM |
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there is always a lot of factors contributing to bitcoin price rise. most of all is traders (in other words speculators) buying more bitcoin because they expect price rise because of other factors and that leads to higher price.
now all the other factors usually include some sort of adoption. for example as it was mentioned the adoption in Japan is one of the main reasons. also there is a hot news about bitcoin ETF which can potentially show bitcoin as a reliable and legit investment and can lead to more people investing in ETF and alternatively in bitcoin directly too.
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joshy23
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May 07, 2017, 01:07:25 PM |
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Japan - this is the main factor that causing the price of bitcoin to really rise like we never seen before. @ OP, Are you quite surprise to see this price rose? You are not the only one. I though this is just a temporary, but it looks like this is for real. We only hope that this is sustainable, because we all know that bitcoin price is so volatile that a simple negative news will cause the price to hit rock bottom again.
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Rasel5209
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May 07, 2017, 01:22:53 PM |
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i don't know who can tell sure btc price. i can some guess.
i think-so btc rate is down for some time are not few time. after some time btc pric increase. it's my guess not sure.
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dwieyani
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May 07, 2017, 01:27:41 PM |
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Perhaps the reason is that many require bitcoin so that prices always go up and in the market prices start to increase.
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BitcoinPC
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May 07, 2017, 01:50:58 PM |
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Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
Do you think that it is difficult to predict the bitcoin price? Also do you think that anyone have perfect think to predict about the price high or low? I suggest you, no one have perfect think about predict, we only see the price and guess about it and also see the articles, conversation of the people and see the market value of bitcoin price, than you could easily guess about the price is going high or low. |
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BCTBF
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May 07, 2017, 02:09:36 PM |
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Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
The current reason why bitcoin price increase is due to the adoption of Bitcoin in Japan. There is a thought that Japanese are having a fomo right now because of the current acceptance of Japanese government plus the removal of consumption tax to Bitcoin. There is also some new about major company in Japan moving in to join Bitcoin economy. Aside from that, the announced SEC review on ETF decision is quite pushing the price too. In predicting the price of bitcoin, we can have the news and certain action of big player in the industry. They are good reference for bitcoin price movement. Good information thank you. So this is for reason why bitcoin prices keep rising and rising, but I still have questions, whether prices bitcoin still can fall over? |
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piebeyb
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May 07, 2017, 02:36:55 PM |
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I think this might help your analysis  |
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pixie85
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May 07, 2017, 02:58:01 PM |
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There's no way to be sure how the price will do. Everyone predicts Bitcoin will reach another ATH with another halving, so i'd rely on that and invest if you're considering it now.
Don't worry if the price falls a bit, those are usually random events caused by people cashing out their profits after a big rise.
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jeraldskie11
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May 07, 2017, 03:10:25 PM |
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Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
The actual reason of bitcoin price is, those some country that not accepted bitcoin is trying or started to adopt bitcoin. There new number of people that wanted to invest and that the reason why its increase and we can predict in that way. |
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~Bitcoin~
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May 07, 2017, 03:15:16 PM |
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Nobody can actually predict what will be next market move but you can be sure that overall trend for bitcoin price will be uptrend. You can look at trading chart for last few years, you will only see bullish trend with occasional correction.
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webtricks
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May 07, 2017, 03:18:34 PM |
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Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
I guess enough people have already told you the reason for present hype in price. So I would specifically come to second part. The clear answer is - impossible. No one in the whole world is capable enough to predict bitcoin pricing accurately. It is primarily because of two factors- 1. The number of buyers & sellers in market is numerous. So share of single buyer/seller is negligible and he is not in power to manipulate price. However, there are parties with big reserves of btc and are in power to drive prices but still they can't predict btc future rightly. 2. There are several short-run factors which unexpectedly drive up/down bitcoin prices. Such contingencies are generally unforeseen. |
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audaciousbeing
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May 07, 2017, 03:22:15 PM |
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Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
In my opinion, no one can say authoritatively that this is the particular reason why the increase in price of bitcoin is being witnessed these days because there are several factors that work together for the advancement of a particular course. For me, I think it's due to adoption we see from Japan although the increase was not immediate as the news but this could be due to penetration which the increase is just reflecting after a while. |
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goinmerry
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May 07, 2017, 03:31:15 PM |
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Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?
Actual reason of the price incresae is the demand, but what triggers the demand are vary and we can't pinpoint the accurate one. On the other hand, we can asssume what is the reason behind the increase or decrease of bitcoin price by taking a look at any possible news or events that currently revolving with bitcoin. How you can predict it? No you can't. Your future decision will only be based on your own analyzation and guts to face the associated risks of buying and selling. |
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pecson134
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May 07, 2017, 03:32:06 PM
Last edit: May 07, 2017, 04:02:10 PM by pecson134 |
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I can say(probably) that the rate of transition bitcoins had been in these previous years does have the biggest impact on what it is today. For there are people who were eager to help bitcoin develop further in order for it to maintain its status. Actually influence is not problem since everything the went viral(for most cases) can also influence other just like bitcoins, that when someone who normally not interested became the one who is using it.
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