The Real Reason for Bitcoin's Rise

[beej]

Bitcoin itself has power to rise due to its strength in whole crypto market. It was dropped due to some big bad news in last week and it absorb that news in just 3-4 days and again start rising and in this rise, it can make a new high. People have faith in BTC and always comes to buy it whenever it start dropping.

Bitcoin's rise will continue to grow. Although it experienced some noteworthy declines but it's resurgence
from the very issues that influence it to decline in the first place, clearly exhibits Bitcoin's evident opulence.

Bitcoin is distinguished by people globally as a private tool in anonymous transactions.
It provides privacy, this by all means is one of it's greatest qualities. It's availability and popularity.
There's an increasing demand for bitcoin and as new people and investors get into it, the value and worth
will surely ascend.

[appleffi]

There are many reasons we could think as to the real reason why bitcoin is now rising. As for my point of view, the real reason behind the success of bitcoin is its well established platform from which many people agreed to accept and with the amount of trust it gained from the people, it is now beginning to make noise that yields to its rising status.

[Lampaster]

The real reason is because Bitcoin is a measure of the global debt the exists on a global scale. Since BTC is on it's way to replacing FIAT as the universal ledger, it has a long way to go in terms of price.

The main reason for the bitcoin rise is that people are now sick of the cash money and this will give a lot to the bitcoin and they are rushing toward this because it is the most profitable coin of this time and the popularity of bitcoin is the main reason to the rise and user demands as well and in future price will be more high because bitcoin will totally kick out the use of cash money so adopt it for sake of good future,

You are right. The popularity of bitcoin is the fact that people like the constant increase in the prices of bitcoin. It seems to me that this is the way to hell. Constantly this can not be, and someday we will all suffer from falling prices. Perhaps it would be better if the popularity of bitcoin was due to the fact that it gives you the opportunity to be independent from government policy and to force the return of Fiat to compete with bitcoin.

[gamalzour]

Mainly it happens with demand of Bitcoin. Bitcoin is increasing day by day rapidly for it has great demand and it is almost stable though the price of bitcoin is not stable. If the supply is less than demand, then Bitcoin will be rising continuously.

It is very simple and basic theory of economics that when supply is more than the demand then prices dumps while whenever the supply is less than the demand then the prices pumps up. In present time we can see that bitcoin popularity is increasing from time to time. and therefore we can expect that bitcoin price wil continue incrasing for a long long time.

Yes when supply is more than the demand of bit coin then the prices of bit coin drops down while when the demand is more than the supply then the prices goes up and up. Presently the demand of bit coin is increasing day by day so the prices is also increasing.

[djgtr]

Mainly it happens with demand of Bitcoin. Bitcoin is increasing day by day rapidly for it has great demand and it is almost stable though the price of bitcoin is not stable. If the supply is less than demand, then Bitcoin will be rising continuously.

It is very simple and basic theory of economics that when supply is more than the demand then prices dumps while whenever the supply is less than the demand then the prices pumps up. In present time we can see that bitcoin popularity is increasing from time to time. and therefore we can expect that bitcoin price wil continue incrasing for a long long time.

Yes when supply is more than the demand of bit coin then the prices of bit coin drops down while when the demand is more than the supply then the prices goes up and up. Presently the demand of bit coin is increasing day by day so the prices is also increasing.

well i think the big reason of the bitcoin rise is that many people is now believeing in bitcoin and every people will really gain on it that is why they stick to it and continue investing on it that is why the demand is always there and people use  it verry continueos and it really make btc rise .i believe bitcoin is a good asset on making money that is why they are many people  using it.

[zarados]

The real reason is because Bitcoin is a measure of the global debt the exists on a global scale. Since BTC is on it's way to replacing FIAT as the universal ledger, it has a long way to go in terms of price.

The main reason for the bitcoin rise is that people are now sick of the cash money and this will give a lot to the bitcoin and they are rushing toward this because it is the most profitable coin of this time and the popularity of bitcoin is the main reason to the rise and user demands as well and in future price will be more high because bitcoin will totally kick out the use of cash money so adopt it for sake of good future,

not just that, today..people are getting smarter and harder to fool. People think that investing their money in cryptocurrency, especially bitcoin, is more profitable than keeping it in a bank with low interest and monthly administration fees. Meanwhile, in terms of functionality, cryptocurrency is not less than the bank, I think this is also one of the things that pushed the price of bitcoin to continue to soar.

[BobK71]

This question can answer in a simple way. Everything belongs to the changes in our society so do our currency.
We all know that we are in the digital world and everything is dependent to the internet. To sustain this changes, digital currency was born. In addition, because of its interesting features, bitcoin is being patronized by many people.

Digital money can be PayPal or any of the other forms based on fiat money, and they usually perform better than Bitcoin.  The decentralized, non-state-issued nature of Bitcoin does set it apart, but as Jamie Dimon said, since Bitcoin competes with the state's  power to issue money, the state will never let it take off.

So, the truth is not really that simple.

[Capt00]

Just because bitcoin now is highly in demand in the market, since it have a limited supply-it will make its price into rapid increase.
And with this, it is pretty sure that more people will come to this and make this as their investment.

[Ingramtg]

The currency demand of bitcoin are rising so the price also rising

Demand decide the price 
bitcoin now is more and more popular then before

[magnum357]

The real reason that bitcoin rise it because more investors interesting to join or investing the bitcoin and the bitcoin have a great satisfaction to our investors and have a good currency to buy in bitcoin.

[BobK71]

The currency demand of bitcoin are rising so the price also rising

Demand decide the price 
bitcoin now is more and more popular then before

The 500 years of modern history is basically a story that supply and demand do *not* work when it comes to money (though they might work well in the markets for other goods and services, in the more advanced countries.)

Most people don't understand how money is the basis of power for the state-bank alliance of elites.  They can't afford to allow people an easy escape out of their inflated money and into non-state money.  They have suppressed gold and silver for hundreds of years using 'gold/silver standards.'  The reason they are allowing Bitcoin to go up is that they can do the same to Bitcoin in future (when the price is high enough.)

[Sled]

The real reason that bitcoin rise it because more investors interesting to join or investing the bitcoin and the bitcoin have a great satisfaction to our investors and have a good currency to buy in bitcoin.

I agree to that. The demand from the investors of bitcoin is the main reason why the price of bitcoin is going up and it is scary because the movement of the bitcoin's price seems like an abnormal move because with that pattern it doesn't have any correction or so. I think that it is risky to just jump in on bitcoin and it is better to just be wise in investing in bitcoin.

[joshuaj]

I think the rise of bitcoin recently mostly because of CME group listing of bitcoin next month.

[Stac]

There is still potential for the bitcoins prices to increase the value as bitcoin network is a peer to peer payment network which can be transferred from all over the world without a third party involvement, or without depending on the banks any one can transfer currencies worldwide with low transaction fees compared to normal banking system. This Crypto currency has the tendency to give full freedom for its user's which is not possible with fiat currencies as fiat currencies are controlled and maintained by the central banking system which is one of the reason for attracting more user's to the bitcoin community and due to high demand for bitcoins the value of bitcoins keeps on increasing every time.

[Basmic]

The real reason that bitcoin rise it because more investors interesting to join or investing the bitcoin and the bitcoin have a great satisfaction to our investors and have a good currency to buy in bitcoin.

I agree to that. The demand from the investors of bitcoin is the main reason why the price of bitcoin is going up and it is scary because the movement of the bitcoin's price seems like an abnormal move because with that pattern it doesn't have any correction or so. I think that it is risky to just jump in on bitcoin and it is better to just be wise in investing in bitcoin.

We do not see the real distribution of money invested in bitcoin among users. Perhaps the vast majority of the money invested speculators. In a few hours they can leave bitcoin and it will crash. For all the appeal of bitcoin for me is a very risky asset. It is hoped that this will not happen soon.

[nagatraju]

this is really new technology and people are interested how it will show itself, that's why the great demand and interest...so the price rises

[Sleepy18]

The real reason why bitcoin rises is bacause of its demand! Too many people want to have bitcoins, and they have lot of ways to do that  like mining and trading. It is so famous, according to what i've read, bitcoin is the most fast rising coin f all time and it continues to rise hoping that it will reach $20000 mark by the end of this year and specially bitcoin is mined or generated by the chinise men, as of what i have read they are the major procuder of bitcoin, almost 81% of the entire world. Aside from that other issue are they are or they can manipulate the rise of its price because it is already controlled

[GideonGono]

Central banks and other elites have painted themselves into a corner.  There is too much debt in this world, and all of it is based on fiat money that central banks can print.

The elites must maintain trust in this fiat money by keeping inflation low.  That means, one way or another, all the growth in wealth must go to a small number of people.

But the more inequality they create, the more distorted and unstable the system becomes.  That is, more and more 'fancy' goods and services are produced just to satisfy the whimsical demands by the lucky people.  This demand can disappear any time financial asset values go down.

So central banks must keep financial asset values high just to keep this demand going.  But this only worsens the inequality, and the cycle continues.  Eventually, something will have to trigger a financial asset crash.

The only real solution to this problem, from the elites' point of view, is to inflate away the debt without destroying the trust in state money.  And the only way to do that is to devalue state money against non-state money.  Traditionally, that non-state money has been gold and silver.  Today, the (Western) elites are using Bitcoin and other cryptos to play that role.

You will not hear this perspective from the mainstream media or establishment economists!

Perhaps the real reason for increasing the speed of bitcoins is the approaching hardfork. Because many people are hoping to have free altcoins built on the hardfork that will occur in December. So suddenly the price of bitcoins has increased. Hopefully this is a natural occurrence, And no manipulation is done because my fears are a sudden downfall of which would of course bring regrets to us.

[BobK71]

The real reason why bitcoin rises is bacause of its demand! Too many people want to have bitcoins, and they have lot of ways to do that  like mining and trading. It is so famous, according to what i've read, bitcoin is the most fast rising coin f all time and it continues to rise hoping that it will reach $20000 mark by the end of this year and specially bitcoin is mined or generated by the chinise men, as of what i have read they are the major procuder of bitcoin, almost 81% of the entire world. Aside from that other issue are they are or they can manipulate the rise of its price because it is already controlled

Remember, Bitcoin is money.  Money has never really been a free market, throughout modern history.  Instead, the value of each kind of money is subject to manipulation by the political and financial elites, for their benefits.  (The gold and silver standards of the past were a major form of this 'management.')

The reason is simple.  Money is most basic institution with which the elites run the system that benefits them.  What chance is there they will allow themselves to lose control of money?  Not much.