Bitcoin prices rise high

[krisnt80]

I werent expecting to bitcoin being worth such ammount this year, but Japan was one of the main responsibles for the current value, legalization were well received from all crypto believers and supporters, i weren expecting China to react or act the way that looks they are, banning and trying to control bitcoin, i were expecting more countries to join Japan this year, but well lets see what will happen till 2020 because im sure we will see more countries accepting and with bitcoin legalized.

[Turan100]

Bitcoin will soon recover from China banning ICOs and prices will rise to what it was before drop which was around $4800 if nothing more happens which would create panic among investors and it's users.Bitcoin's price mostly depends upon the demands of the people so as long as people uses bitcoins it can never die and it's prices can rise.

do you think really bitcoin will rise after 30th September , i thought that china ban the use of everything related with bitcoin

[digitalgame4life]

Well, I dont think on short term we are gonna hear good/positive news about bitcoin, this China ban thing will have an impect for a certain amount of time, remember governments are also like sheeps following eachother, once they banned it or whatever negative they do or say about bitcoin will be meaningless once great altcoins with their projects take over, once it will break through and be used in ''real'' world bitcoin will be respected!

[MyIdeas]

If you are a Bitcoiner and you quit your work because you saw the high , Focusing in Bitcoin is useless unless you do trading almost every minutes. For me though price is higher than before like always i still prefer to have my day job and do trades when i got home or if i have a long break.

Who told you that bitcoiners are bound to do trading every minute? Trading is just an option like signature campaigns and mining to earn bitcoins, it is not mandatory for every bitcoin investor to do trading for earning profit. Many people are making huge profits without trading.

[Konthol Ngaceng]

I think the main factor is the users, we all know that bitcoin is decentralized so that the law of the market applies, bitcoin stock is very limited but the user keeps increasing significantly so the price skyrocket.

[jamids]

Well this is all depend on Law of supply and demand.The prices are down 3500$ as compare to yesterday's value.Anyways i hope the prices will rise again at the end of this month.

As long as there would be no bad news again that would make the price go down then eventually it will rise up. Many people panic sell about the news of China thus a drastic price decrease but I believe price would rise up again. If you base it on technical analysis according to Elliot Wave Principle, price is bound to go lower anyway so the downtrend is expected and after that, there would be new price increase again that would reach new all time high.

[jaocoincrypto18]

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

Like wise bitcoin and altcoin are now becomes so famous this make the sudden increase of investors resulting to the buying demand increases. The high buying demand there is for an investment is the value will increase but the high selling demand for bitcoin is the decrease of the value which is the opposite.

[jekjekman]

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

It is not applicable for everybody I guess because some people don't have a good amount of money that will make them a living with their investments with bitcoin or any other cryptocurrencies, how can people focus on bitcoin with their time if they don't make a profit out of it maybe it is just for some other people that already have money.

It is still good to maintain your current job in real life and do this bitcoin thing at same time if you can because burning your boat will not make you lucky to the other one, bitcoin price will not be always in a rising stage so it much better you have always a back up plan.

[Omega Weapon]

Maybe . The more bitcoin users with the limited number of coins will make the price more expensive.
If all online shops in all countries accept bitcoin as a means of payment, maybe the price will be double the current price even more
And many more factors affecting bitcoin prices in addition to numbers and users  

I agree with you. This is the law of supply and demand. I think the more countries open to trading via bitcoin and or recognizes cryptocurrencies as modern form of currencies, many people eventually will be lured into buying or selling bitcoins as well. Meanwhile, if there are limited bitcoins naturally the prices will kick at all time high. This phenomenon is very imminent nowadays.

But that is a big if, will governments of the world legalize bitcoin or ban it? They have choose to ignore it for the moment but that is not a posture they can adopt for long since bitcoin keeps growing, if enough governments ban it then they could convince the rest of the countries to follow the same policy but if on the other hand bitcoin is legalized by enough countries then bitcoin is going to become unstoppable and the price will reach levels that may seem ridiculous in the next decade.

[d1ceplayer]

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

Yup i think why this bitcoin continiously rise is becuase of continiously increases the number of people users. Maybe the value getting decrease sometimes  just is the time that  to hold your invest becuase bitcoin is volatile and wait for increase.

There is no other reason behind this much increase in the market price of Bitcoin but the increase in the number of investors with each passing day which results in high demand of Bitcoin. I think this increase in the price is the only reason behind this much success and fame of Bitcoin.

Indeed! There is hardly any doubt in this thing that Bitcoin market’s value and price is increasing with each passing day. I believe that this trend will be followed in the coming days as well and the people associated with Bitcoin will keep on investing more and more money and earning more profit as well.

Very well said! The people who are saying this that Bitcoin market value is just dropping down to zero, I want to tell them that ups and downs are part of life. This is what is going on now a days with Bitcoin.

But still I am very much confident that the market price of Bitcoin will increase to an extent that no one can even think of.

[andycarrol]

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

Yup i think why this bitcoin continiously rise is becuase of continiously increases the number of people users. Maybe the value getting decrease sometimes  just is the time that  to hold your invest becuase bitcoin is volatile and wait for increase.

There is no other reason behind this much increase in the market price of Bitcoin but the increase in the number of investors with each passing day which results in high demand of Bitcoin. I think this increase in the price is the only reason behind this much success and fame of Bitcoin.

Indeed! There is hardly any doubt in this thing that Bitcoin market’s value and price is increasing with each passing day. I believe that this trend will be followed in the coming days as well and the people associated with Bitcoin will keep on investing more and more money and earning more profit as well.

Very well said! The people who are saying this that Bitcoin market value is just dropping down to zero, I want to tell them that ups and downs are part of life. This is what is going on now a days with Bitcoin.

But still I am very much confident that the market price of Bitcoin will increase to an extent that no one can even think of.

always positive thinking, so that all people are also just as we have a positive thinking with the future of the bitcoin, then prices will continue to rise. those who say bitcoin dropping and bad future, might they like JP morgan who wants to get a bitcoin at a cheap price with talking negatively about bitcoin.
 

[Sadlife]

The higher the demand the higher the price it gets more people are getting to know bitcoin and decided to give it a shot and learn it. Others invested a lot cause they think that bitcoin is a magical coin that can make them instantly this why when bitcoin enters a dip the newly invested people in bitcoin panics and sells immediately all their coins. Even bitcoin is in the dip right now people should take it as an advantage while they can buy cheap coins cause eventually it will rise.

[MRY]

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

that's what's expected, bitcoin keeps going up at a high price so it will benefit a lot and from some issues and predictions bitcoin prices will reach a fantastic price so that many people who focus on bitcoin and neglect the main job

[Official Armor Ceramics]

Bitcoin prices rise high, it is really so. But one should understand that one day bitcoin will fall

[Omega Weapon]

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

I think its the impact of people being more aware and more people giving testimonials that bitcoin works for them rather than the prices actually. People would believe anything if it happened to their friend or an acquaintance but a seemingly far off proift story is a crazy story.

Some people are like that, you may show them statistics and definitive proof that something is real, but if they have no experience with it, then for them, that is enough to say something is false, but if a friend shows them proof of something they did then they immediately believe it, this can be very frustrating because it is almost impossible to prove something if their friends or themselves already have a formed opinion about a subject.

[micleeiu398]

Maybe . The more bitcoin users with the limited number of coins will make the price more expensive.
If all online shops in all countries accept bitcoin as a means of payment, maybe the price will be double the current price even more
And many more factors affecting bitcoin prices in addition to numbers and users 

I agree with you. This is the law of supply and demand. I think the more countries open to trading via bitcoin and or recognizes cryptocurrencies as modern form of currencies, many people eventually will be lured into buying or selling bitcoins as well. Meanwhile, if there are limited bitcoins naturally the prices will kick at all time high. This phenomenon is very imminent nowadays.

Exactly whenever there is huge demand, supply becomes short and prices are getting high. And when demand is not high, supply is enough and satisfactory so prices becomes low. That is business and same is happening with bitcoins. Now demand is high so prices are rising.

[chickenfried12]

expectations I think that the price will rise even higher, but the banners of China and South Korea may cause sudden Foreign Affairs. but always brings in long period You have to think

[Smarty14392]

I think the main factor is the users, we all know that bitcoin is decentralized so that the law of the market applies, bitcoin stock is very limited but the user keeps increasing significantly so the price skyrocket.

The principle which is being followed is “Supply and demand”. There is hardly any doubt in this thing that with each passing day, the number of users and investors who want to invest in Bitcoin increases, due to which the demand of Bitcoin also increases. This is main reason behind this much increase in the market price of Bitcoin.

[Pressessidow]

This is what I observe for the earlier years that bitcoin value increase large. For now suffered dump since of approaching segwit but I think it will increase this 12 months. As bitcoin is being adopted and developing its users so I can see to it will continuosly growing its cost in the long term.

[joshua10]

we can not tell when he is really high on the one hand because sometimes he is at a price sometimes less than once in a while? so if it is too high now it is impossible that he will go down in the morning as such the price of bitcoin now has no permanent price ....