Reason of increasing bitcoin price

[v0rtecxz]

It is undeniable that the number of Bitcoin users in the world is growing rapidly, in addition to the minimal supply of bitcoint, but I do not think anyone can predict that bitcoint prices will rise or fall

[TedMosby]

I think it is because bitcoin become acceptable by government in big country like germany, japan, and australia.
And also the news (opinion) about the bitcoin price will hit @4000 USD in this year become viral, and everybody really into it.

[Ayers]

I think it is because bitcoin become acceptable by government in big country like germany, japan, and australia.
And also the news (opinion) about the bitcoin price will hit @4000 USD in this year become viral, and everybody really into it.

i don't remember germany accepting bitcoin as a currency but i could be wrong, where is your source for this? i searched around and only russia japan and austalia are accepting bitcoin and regulating like a fiat money

[carlfebz2]

I think it is because bitcoin become acceptable by government in big country like germany, japan, and australia.
And also the news (opinion) about the bitcoin price will hit @4000 USD in this year become viral, and everybody really into it.

i don't remember germany accepting bitcoin as a currency but i could be wrong, where is your source for this? i searched around and only russia japan and austalia are accepting bitcoin and regulating like a fiat money

We do made the same thing on which I tried to search up for Germany that they do already accepting and regulating bitcoin knowing that country wont easily jumped in seeing on the state of their governance.Back to the topic bitcoins price do increase because of adoption and acceptance of certain countries and lots of people do already make use of it.

[emezh10]

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.

There are lot of factors or reasons that can change the price of bitcoin.I think the number of people who buy bitcoin also can affect to increase its price. The supply and demand of bitcoin is commonly can affect to change its price in the market but I think the price of bitcoin will depend in the market and to the people who buy it.I guess in coming future the price of bitcoin will increase.

[jonosutio]

Perhaps the reason is that in South Korea, India demand is soaring and very rapidly progressing bitcoin.

[hisuka]

For me, bitcoin price is increasing because of its demand. In other countries bitcoin become increasing its users because of adoption is quiet progressive. And for sure now bitcoin price is increasing to its not expected amount.

[jc89]

Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?

The actual reason of bitcoin's price is none other that us, the bitcoin users. We are the one who declares the price of bitcoin since it depends on the number of demand in the market. So the more we demand for bitcoin, the more the bitcoin's price increases.

Prediction is always inaccurate. No one can truly predict when will the price go down or up.

[Biggapp]

For me, bitcoin price is increasing because of its demand. In other countries bitcoin become increasing its users because of adoption is quiet progressive. And for sure now bitcoin price is increasing to its not expected amount.

yes the price of bitcoin has been increasing due to the demands of people as the price of bitcoin and the demand of bitcoin by the users is directly proportion to each other and also the price of bitcoin has increased due to the investors, as in this year the number users of bitcoin are very much increased therefore the price is also increased in this year and also people invested their money in bitcoin.

[JimmieA]

Perhaps the reason is that many require bitcoin so that prices always go up and in the market prices start to increase.

That is probably the main reason, the market always fluctuate according to the rule of supply - demand, when demand increases, the price will increase. But then the market will be unstable. The market is only stable when supply by demand. If you watch btc in the past period you will understand. After experiencing a significant price increase btc has fallen. The current market is stable and will remain to be maintained until a new factor make btc's prices fluctuate.

[cryp24x]

Perhaps the reason is that many require bitcoin so that prices always go up and in the market prices start to increase.

That is probably the main reason, the market always fluctuate according to the rule of supply - demand, when demand increases, the price will increase. But then the market will be unstable. The market is only stable when supply by demand. If you watch btc in the past period you will understand. After experiencing a significant price increase btc has fallen. The current market is stable and will remain to be maintained until a new factor make btc's prices fluctuate.

I agree the current influx of demand is the acceptance of wealthy nations like Japan, Australia, and Russia to Bitcoin.  They give way for their companies to invest in bitcoin and start a business with bitcoin.  Aside from that the current update and light about scaling problem are also the reason why people demands Bitcoin.

[megynacuna]

Perhaps the reason is that in South Korea, India demand is soaring and very rapidly progressing bitcoin.

Yes I couldn't think of anything else either part from the growing demand from South Korea . Perhaps some people want to move their assets out of their he country on the quiet.

[Pettuh4]

Bitcoin prices are determined by the demand and supply indicators. There are factors that lead to a demand or a supply abdcwe can't find that out unless the demand is created by the number of sales of Bitcoin going on at a particular time.

[Superzpay]

The real reason is that Japan has started to accept bitcoin for their state so many people started to believe on bitcoin and so the demand of bitcoin increased and in this way the price of bitcoin increased because with demand we can say that the price increases.

[PhucS]

The BItcoin price is very high due to many factors, the high value of Bitcoin is also confirmed by many analysts. Bitcoin includes 3 elements as a currency, as a payment platform, and also a type of virtual property that is priced. Talking is a virtual property but it is already in the world. If gold is precious because of its rarity, the dollar is valuable because it is widely accepted, Bitcoin is valuable because of its popularity. More and more people are accepting Bitcoin payments, which in turn increases Bitcoin's value. There are a number of other factors that influence the price of BItcoin that increase is the Psychology of Japan and South America, with the Swiss Vontolbel effect.

[lemonade09]

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.

I guess thats one of the reason why the butcoin price increase with that adoptation it can increase the bitcoin users in japan in a high rate and can cause for the bitcoin demad to go up also thebbitcoin price depend in supply and demand of the bitcoin in mining and users.

[Velkro]

Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?

You can't predict it, noone can.
You can only guess like everybody else. There is pure chaos in price discovery, so many factors that you can't predict them all so you can't predict price.
Its best random number, current price

[Wesimon]

The reason maybe the adaptation of bitcoin at different countries. The news article being published about bitcoin. Especially the adaptation of bitcoin in Japan, I think this has made a great impact in the bitcoin industry. Although we cannot say that this is the only reason why bitcoin price is increasing but as you can notice in different news articles, it is one of the hot topics in bitcoin industry.

[gracia0023]

Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?

No one can predict the price hike of bitcoin. There are many factors affecting the pricing of bitcoin. 100% chance of success to get profit from it is impossible.

[akija]

It's really difficult to predict the price of BTC in terms of USD . But there are some factors which affects it's price . One of the main factor of rising price of Btc is it's wide acceptance and adaptability .