Why Bitcoin going up?

[batang_bitcoin]

Why is bitcoin going 3% up each day?

Everyone has been chasing to get more bitcoin before the hard fork and that's the closest so far that I can give. And have you seen the price starts to get down again? Care to ask why the price starts to decrease now?

If segwit 2x fails to get enough support,then bitcoin price would trigger.

Waiting for this moment but there seems to be a lot of support for Segwit2x but everything can possibly change before and after the hard fork, I hope price will be triggered to climb after this.

[AjithBtc]

People had failed to notice the growth of bitcoin cash along with bitcoin. It has grown to $640 from the price around $300 in a lesser time period. In a recent thread saw an quote mentioning bitcoin cash as affordable version of bitcoin, because of the price. Now it has come to reality providing growth along with bitcoin.

[Unilevear]

Every time there's a big hardfork coming people sell a bit of their altcoins back for Bitcoin in anticipation of getting in on the hardforked coin, because they will get a 1:1 split on each blockchain. I also think because there was big new from the financial sector with CME Group announcing news they'll provide services for Bitcoin futures got new people into Bitcoin.

I'm afraid that people don't realize how different the 2x fork is going to be. It's going to be a lot messier and a lot of people that don't know what they're doing are going to lose money trying to split their coins. I'm anticipating a drop after the fork.

So the fork that is about to happen later this month is far different from the previous one? If the price of bitcoin after the fork, drops, there will be a huge possibility that the price of other altcoins will suddenly increase right? This might be a good chance to trade in our held altcoins to bitcoin after its price drops before the price of bitcoin will surely rise again after some time.

[orions.belt19]

Why is bitcoin going 3% up each day?

Here is reasons that I can think of:

[1] Anticipation of Segwit2x in November 16.
[2] CME news
[3] Amazon rumor that they are going to accept bitcoin as mode of payment.

So this fresh of positive news really bring investors to get bitcoin and invest on it because the price can go to the moon later. And the more positive news, the more bitcoin price picks up. But just remember that we can't always go up, sometimes a healthy correction is needed. Just enjoy this massive bull run before it hits the break.

Positive news like this can really make a difference in the price trend. A lot believe that it will go up and a lot would buy thus increasing the demand for correction. It's possible that it will continue to go up for some time now since these positive news just popped up, then there may be some price corrections after. With regards to the upcoming segwit2x in November, everyone must be trying to buy some bitcoin right before that happens.

[Edsemen]

there is a big fork coming and the majority of people want to have as much bitcoin as possible so that they can get guaranteed profit. even if the b2X coin is worth only 0.01 bitcoin it is a good 10% profit. who doesn't want that ??

Yes because people wanted to have profit by then the hard fork will start. At least any percent users will grab its opportunity to earn by buying bitcoin. As of now bitcoin price is increasing so it is the reasons why continue to increase.

For me bitcoin will continue to increase because people who use bitcoin will increasing and many are encouraging others to join us. And also theirs a lot of people who invest their money so that in the near future they can earn bigger which is it gives an impact of bitcoin if people investing some income.
And maybe also the program of bitcoin coming can make this org. Up, us i heard their plan have a big impact of others So that they will continue and more active to work in bitcoin.

[Endikadija]

Why is bitcoin going 3% up each day?

Here is reasons that I can think of:

[1] Anticipation of Segwit2x in November 16.
[2] CME news
[3] Amazon rumor that they are going to accept bitcoin as mode of payment.

So this fresh of positive news really bring investors to get bitcoin and invest on it because the price can go to the moon later. And the more positive news, the more bitcoin price picks up. But just remember that we can't always go up, sometimes a healthy correction is needed. Just enjoy this massive bull run before it hits the break.

Positive news like this can really make a difference in the price trend. A lot believe that it will go up and a lot would buy thus increasing the demand for correction. It's possible that it will continue to go up for some time now since these positive news just popped up, then there may be some price corrections after. With regards to the upcoming segwit2x in November, everyone must be trying to buy some bitcoin right before that happens.

everyone wants to catch their own b2x. Some exchange sites alreayd made hype to the next fork caused by already released the more statement to trade the bitcoin b2x before the network will be alive.
This will be different with the bitcoin gold as fail coin.

[terrific]

Why is bitcoin going 3% up each day?

Many people are buying and getting themselves involve for the upcoming fork. There are also so many good news that are pushing people to buy more bitcoin as they don't want to miss a big pump to bitcoin soon. Everyone is just preparing themselves to whatever possibility that will this fork will bring up. The only thing that is coming to the minds of the new investors is that bitcoin will be flying up to the moon so as early as now, they are keep on buying.

[Casmania]

Why is bitcoin going 3% up each day?

Many people are buying and getting themselves involve for the upcoming fork. There are also so many good news that are pushing people to buy more bitcoin as they don't want to miss a big pump to bitcoin soon. Everyone is just preparing themselves to whatever possibility that will this fork will bring up. The only thing that is coming to the minds of the new investors is that bitcoin will be flying up to the moon so as early as now, they are keep on buying.

Bitcoin goes up because of the help of other people working here online. Other people never notice this but they are the reason why bitcoin goes up in about 3% up each day. They are the reason why bitcoin goes in a higher price now and we all know that sooner or later their is a possibility that bitcoin price must as higher as now that people working here brings. Everyone who is interested in here has a great talent to have right to work in this job. They always think that it will becomes much higher as soon thats why they always keep on buying bitcoin.

[Inkdatar]

Bitcoin is unstoppable now with the price that increases daily. This means people are continuing into buying of bitcoin and this means the demand is growing. People are even buying btc because of this hard fork to increase their investment.

[sicparvismagna]

Well practically even though there are huge competition out there for bitcoin, still people prefer much in bitcoin because of its longevity in the market that means it's  here to stay for good they trust it because it survive that long. Well either it's  never to wrong in investing in altcoin and bitcoin.

[gemstar]

Its funny..Everyone saying how Bitcoin is to replace the current money ruled by the government. But the only reason Bitcoin is traded to gain the money everyone was so against. No offence. Bitcoin is a brand to sell, because there is a bunch of other crypto's that are much better than this coin..Most are glorifying this coin for their own personal gain. I like Bitcoin, but this bubble is absurd. It could hurt many investors. There are approx 1000 wallets that hold the majority of Bitcoin. If the price was reasonable we could see more investors jumping in. Now its starting to look like a scary investment because no commodity jumps up this high so fast without a correction..Especially that this is unregulated and with the money invested in it it should be now..Who wants to invest thousands of $$ in a commodity that has no safe guards to prevent theft.

[mostkey]

Bitcoin is unstoppable now with the price that increases daily. This means people are continuing into buying of bitcoin and this means the demand is growing. People are even buying btc because of this hard fork to increase their investment.

the huge demand for bitcoin that keeps the bitcoin price up, this gives rise to a high volume, as the number of requests grows every day, it is certain that bitcoin prices will increase every day. because the bitcoin price is set by the user and no one can control it

[arpon11]

Why is bitcoin going 3% up each day?

I think the major reason why bitcoin is in bullish momentum at the moment is because of the acceptability of bitcoin at the moment. We are seeing bitcoin been accepted by individual and many are now see it as an investment angle . Those that buying bitcoin early this year when bitcoin was below  $1000 has make over 600% returned in just 10 months and sharing this testimony, make many newbies to invest into bitcoin. Another reason why bitcoin is getting pump now is the coming hardfark that will lead to splitting of bitcoin and bitcoin gold.

[Wexnident]

Why is bitcoin going 3% up each day?

maybe it is because investors of other cryptos are moving towards bitcoin at this moment wherein its market value is continuously increasing and it also means that huge profit will be to its users and investors that made more people.interested on investing to Bitcoin. And with thid, the demand is getting high that makes the value of Bitcoin more expensive in each day.

[osasshem]

Why is bitcoin going 3% up each day?

Most people hold their coin back because of the fork that is coming so as to have same ratio of the forked coin to bitcoin (i.e 1:1) after the fork takes place, and some (whales) just hold to control the market price.

[steveabrahams]

Why is bitcoin going 3% up each day?

Obviously because of segwit2x, many people are buying and holding their bitcoins for the upcoming fork on this november. That's why the price of bitcoin is increasing so high around $7,100+ right now. I think the price will start fall when the fork is done, i predict it will hit back to $5,000-6,000.

[jackhdt]

Why is bitcoin going 3% up each day?

going 3% up is normal. Bitcoin fluctuating prices by market supply and demand. Bitcoin increased demand, prices rose every day to buy, so is obvious
the majority of comments that people are trying to buy Bitcoin to get Bitcoin2x free

[Denker]

Why is bitcoin going 3% up each day?

Obviously because of segwit2x, many people are buying and holding their bitcoins for the upcoming fork on this november. That's why the price of bitcoin is increasing so high around $7,100+ right now. I think the price will start fall when the fork is done, i predict it will hit back to $5,000-6,000.

Yes a dump will probably happen.
Even if the fork would get cancelled the last minute we would see a bigger correction imo.
$5000 seems realistic, maybe a bit lower, depending on how dirty and messy the fork will be combined with widespreaded FUD and lies.
Will be a huge opportunity to buy more BTC!
The question I always ask myself at the moment is, if we will see another quick rise like the last few times or if we entering a short term bear phase or at least some consolidation on a lower level like ~5k for a few months maybe. I mean we had crazy year and the big guys wanna get in, of course for a relatively cheap price. Keeping the price down by those guys and testing the patience of the noobs who entered the space just a few months will be pretty interesting to watch. Who really believes in Bitcoin and shows strong hands??!!!!

[Kurokonobasuke]

Why is bitcoin going 3% up each day?

Because its demand in the market is getting bigger and since its price and value is related such that one is proportional with one another, same thing will happen toanother either negative or positive. So since its value is continuously growing and becoming more expensive, maybe its demand is also continuously increasing.

[reliable]

Bitcoin is unstoppable now with the price that increases daily. This means people are continuing into buying of bitcoin and this means the demand is growing. People are even buying btc because of this hard fork to increase their investment.

For now the price is a range bound and have actually recovered from 7k levels to 7200 $ approx now trading at. This is a good sign and hope this can maintain itself at this level with the fork coming up shortly and expect the price to rise like the last time and make some money out of this fork.