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Author Topic: why is bitcoin price rising?  (Read 869 times)
chichan13
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July 25, 2017, 02:37:49 PM
 #21

it's insteresting man..
Yes because people are interested there thats why bitcoin raises its price because of that thing. And because of its high demands it will be more increasing its high price because of that. We all want to have a bitcoin because it has a high price in the market so if you have many bitcoin then you are rich.
I think the main reason why the price of bitcoin is rising, is the fluctuation of supply and demand in the online market or trading site. In addition to that, there are many factors that affect the price of bitcoin to goes up and I agree that many people want the price of bitcoin to goes up and because of they would gain a lot of income.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Zicadis
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July 25, 2017, 02:54:15 PM
 #22

Now the price of bitcoin is very unpredictable. During the day we can see both growth and a sharp fall. I'm a little concerned about this. I prefer to see constant growth)
I think that all this depends on the relationship between supply and demand. And once many people want to buy bitcoin that we directly see how the price goes up.
Its no surprise that price has dipped considering bitcoiners have been advised to move funds into wallets they actually have control of the private keys and this is all in readiness of the possible chain split on Aug 1

It actually dropped quite a bit today... Hopefully it'll recover later on.

Certainly when all this is over price will recover

It's the August 1st volatility already kicking in?
Probably people are just being prudent to avoid last minute transfers...certainly when all this is over price will recover
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July 25, 2017, 09:25:10 PM
 #23

Now the price of bitcoin is very unpredictable. During the day we can see both growth and a sharp fall. I'm a little concerned about this. I prefer to see constant growth)
I think that all this depends on the relationship between supply and demand. And once many people want to buy bitcoin that we directly see how the price goes up.
Its no surprise that price has dipped considering bitcoiners have been advised to move funds into wallets they actually have control of the private keys and this is all in readiness of the possible chain split on Aug 1

It actually dropped quite a bit today... Hopefully it'll recover later on.

Certainly when all this is over price will recover

It's the August 1st volatility already kicking in?
Probably people are just being prudent to avoid last minute transfers...certainly when all this is over price will recover

The fact is that the information in this area has already spread so much over bitcointalk that I do not think that some users will make transactions and other financial issues in this regard. Therefore, everything will happen much easier and without these problems
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