Geoll29
Member
 Offline
Activity: 266
Merit: 10
|
 |
January 15, 2018, 02:38:07 AM |
|
BTC increases when many investors are patronizing it. So the more users the higher the price will go up and the lower the value then the price will start to go down. It is like the law of supply and demand. Bitcoin is a pioneer in the industry and it has already proven its worth so it will stay as long as we are back it up.
|
|
|
|
|
|
|
|
|
"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
Kravious
Newbie
Offline
Activity: 56
Merit: 0
|
|
January 15, 2018, 02:40:50 AM |
|
The increase of Bitcoin depends on the investors and the trading market. For example, the more people buy into Bitcoin, the more the value would increase. However when investors sell their Bitcoins or trade them with other alts, the value would decrease. The trend of bitcoin, being known in the world would help increase the value of bitcoins.
|
|
|
|
|
zolfa
Member
Offline
Activity: 518
Merit: 11
|
|
January 15, 2018, 02:44:31 AM |
|
I do not know, maybe this is due to spreading and the volume is rising high, so the increase is very fast. but after that it will come back down.
we see today. it is hard to go back up again, after falling from high ground.
|
|
|
|
|
fransbenotius
Newbie
Offline
Activity: 139
Merit: 0
|
 |
January 15, 2018, 04:09:07 AM |
|
What determines the bitcoin price is the number of new projects that are currently emerging, and the number of customers requesting the sale price of bitcoin but also bitcoin is obviously now very expensive from time to time growing rapidly
|
|
|
|
|
serizawax
Jr. Member
Offline
Activity: 98
Merit: 9
|
|
January 15, 2018, 04:22:52 AM |
|
The bitcoin price depends on us, if we continue to use it well, then bitcoin will not go down in price. But lately many people just sell and buy bitcoin without using it, so bitcoin prices fall back.
|
|
|
|
|
Yuppers
Newbie
Offline
Activity: 4
Merit: 0
|
|
January 15, 2018, 04:26:14 AM |
|
Anybody have updates on BTC Lightening coming? I have a feeling this will turn the tide on the Bitcoin haters and people who are fed up with the lag and high fees, including me!
|
|
|
|
|
|
Fazlurkhan.kz
|
|
January 15, 2018, 04:53:23 AM |
|
High demand of bitcoin is whats making its price increase. As it is the hot topic of discussion more and more new investors are attracted in investing in bitcoin and the common people have also started to find means and ways to earn bitcoin. So, the increase in demand is resulting in the bitcoins price to rise.
Maybe after a while when huge investor might leave their shares, maybe then the price would decrease.
|
|
|
|
|
anjaydut
Member
Offline
Activity: 140
Merit: 11
|
|
January 15, 2018, 05:05:38 AM |
|
Probably because of the new coin as a bitcoin competitor
and the emergence of various types of altcoin, will certainly be a rival of the bitcoin itself, all scrambling to occupy the top position because it is occupied by bitcoin at this time.
I think that's the reason
|
|
|
|
|
ethereumhunter
|
|
January 15, 2018, 06:49:27 AM |
|
I do not know, maybe this is due to spreading and the volume is rising high, so the increase is very fast. but after that it will come back down.
we see today. it is hard to go back up again, after falling from high ground.
I think it is because of many people want to buy bitcoin and the price always change so fast. by spreading in many places and many people know about bitcoin, I think they decide to invest their money in bitcoin and makes bitcoin price increase although every increasing of the price, there will be a decrease of the price that will happen like in a few weeks ago. and now, bitcoin price is ready to increase back again after reaching the correction price although we don't know when the price will increase later. |
| ..Stake.com.. | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Butchick
Full Member
Offline
Activity: 392
Merit: 101
dApps Development Automation Platform
|
|
February 20, 2018, 01:50:28 AM |
|
Currency values are significantly affected by the supply and demand ratio of the coin itself and this changes almost all the time. For bitcoin's sharp increase, one factor would be the increasing number of investors and supply of the coin. Other than this factor, there are also others that may have affected its increase. One would also be the upcoming fork at that time which, by the way, was cancelled but then before the year ended, butcoin calue dropped
To almost half of its highest value last year.
|
|
|
|
KesoNie
Copper Member
Sr. Member
Offline
Activity: 672
Merit: 270
|
|
February 20, 2018, 02:30:22 AM |
|
For me, what is driving bitcoin to increase its price because of some reason? Like bitcoin capability, and growing community. We all know you can use bitcoin to buy some things you want, through the internet or some company. Also, the growing population of bitcoin has the massive effect of its amount. When the demand for bitcoin is increasing the price will also increase, that is the main reason why bitcoin is becoming expensive.  For me I guess what's driving bitcoin to increase is its demand which one of the factors why value of bitcoin are constantly varying according to my research. And same as a stock exchange right, the value are constantly varying too depend on the demand of the people. And also I guess the big dropped of price recently in bitcoin based on my research is a price correction. |
|
|
|
|
|
Kahoy01
|
|
February 20, 2018, 02:37:46 AM |
|
Bitcoin's continuous increase can be thanked to the high amount of investors that accumulate bitcoin. Moreover, just like any product in the market, it's value is determined by its demand. Which causes bitcoin to increase in value altogether because of the fact that the amount of bitcoin buyers and users is matched by bitcoin's increasing demand.
|
|
|
|
Beduya
Newbie
Offline
Activity: 25
Merit: 0
|
|
February 20, 2018, 02:51:30 AM |
|
Maybe its the demand drives the btc to increase its prices. Since their are some holders which hold a huge amount of btc and some uses btc as payments for their transaction, also there are some investors are just waiting for the price of btc to get low for them to buy a lot of amount of btc then hold until its rises again that causes low of supplies and higher in demand.
|
|
|
|
|
Raj0621
Newbie
Offline
Activity: 11
Merit: 0
|
|
February 20, 2018, 03:15:22 AM |
|
The rise of Bitcoin is bound to happen after such drop last month, I think people are again willing to buy Bitcoin, Bitcoin's price is demand driven, as demand increases, so as it's value. The problem last time was Bitcoin grew so much and fast that people are not ready to buy Bitcoin at such price.
|
|
|
|
|
|
Doge dealer
|
|
February 20, 2018, 03:30:05 AM |
|
bitcoins operates outside of the remit central government, ,banks and other types of financial institutions , for these reasons bitcoins are becoming more popular everyday as cross border transactions can be facilitated easily not even to mention the upwards price movements that it is forecast to make this year, as a result of this the demand is growing daily for bitcoins and as per the law of demand and supply as demand increases so does the price.plus the Chinese new year is over so all those monies are going right back into bitcoins  |
|
|
|
Crislyn4116
Member
Offline
Activity: 336
Merit: 10
|
|
February 20, 2018, 03:37:49 AM |
|
For me is why the bitcoin decrease because of the other country that banned earning and using bitcoin. And next the spreading of a fake news that make the other people panic selling so the bitcoin dump. All the problem is solve so the bitcoin will be pumping again.
|
|
|
|
katixrecamara
Newbie
Offline
Activity: 85
Merit: 0
|
|
February 20, 2018, 03:43:53 AM |
|
There are a number of reasons, one maybe because altcoin asset holders are now converting theirs for bitcoin, thus the surging up in bitcoin price and bleeding of alcoins. The main driver for this selling of altcoins is the upcoming hardfork ,that's why they are selling and converting to bitcoin. All this boils down to the concept of supply and demand.
|
|
|
|
|
cryptotaste
Newbie
Offline
Activity: 84
Merit: 0
|
|
February 20, 2018, 07:20:59 AM |
|
I am very optimistic about Btc., bitcoin's price increase is being driven by the hard forks happening,some reasons are the good news like adaptation and acceptability of bitcoin in the world.
|
|
|
|
|
|
Zyborg
|
|
February 20, 2018, 07:55:45 AM |
|
Last two months some news were in circulation regarding regulation in USA,Ban in China & South Korea,facebook ban Cryptos ads,Financial Institutions provided huge funds to Youtuber,google and facebook to discourage BTC trading,due to these factors the price of BTC continued to fall till 6th Feb-18 when it reached to $5983,after this positive news from US Senate Hearing,Microsfot will use identification system based on block chain,Yesterday Trump also gave signal regarding regulation but will constantly keep eye on cryptos market,After these factors price of BTC is increasing day b day and today stand at $11500 which is a good price correction phase and it will determine future price hike.Also huge investment is expected as a fallout of which demand will increase and price will surge.
|
|
|
|
|
Blackhammer321
Member
Offline
Activity: 400
Merit: 59
|
|
February 20, 2018, 08:05:09 AM |
|
Hodlers drives bitcoin to the top, People supports bitcoin and The world let it be. The high demand from people keeps it alive , a high and valuable coin existing now. The ratio of demand towards supply is way too unequal than expected years before and many of us trust it and accept it and so the value of it is increasing.
|
|
|
|
|
|
