Why Bitcoin going up?

[Gotomoon]

Cancellation of Segwit affected the price of Bitcoin positively, almost all Altcoins prices started to rise because people turned to Bitcoin to earn free money and then returned to the old order.

Yes possibly because of segwit cancellation that price of bitcoin drops lately. It goes up when users continues to buy and also the demand is increasing. Also, people goes into bitcoin because of the profit can get.

[jerowacik]

Cancellation of Segwit affected the price of Bitcoin positively, almost all Altcoins prices started to rise because people turned to Bitcoin to earn free money and then returned to the old order.

Yes possibly because of segwit cancellation that price of bitcoin drops lately. It goes up when users continues to buy and also the demand is increasing. Also, people goes into bitcoin because of the profit can get.

I would be much happier if the conditions were like this because then more people would trust and invest their money in bitcoin. this is a good momentum to increase Bitcoin's capabilities in the marke share.

[Lampaster]

Cancellation of Segwit affected the price of Bitcoin positively, almost all Altcoins prices started to rise because people turned to Bitcoin to earn free money and then returned to the old order.

Yes possibly because of segwit cancellation that price of bitcoin drops lately. It goes up when users continues to buy and also the demand is increasing. Also, people goes into bitcoin because of the profit can get.

I would be much happier if the conditions were like this because then more people would trust and invest their money in bitcoin. this is a good momentum to increase Bitcoin's capabilities in the marke share.

The sharp rise of bitcoin can scare off potential buyers. Honestly say that I do support the idea that bitcoin should remain stable. It seems to me that the main goal now should be able to buy and sell goods directly with bitcoins. This will give impetus to the growth of popularity of bitcoin is much more than raising its prices several times.

[bitcoin31]

Last few days the price of bitcoin decrease but after few days it will increase again.
For sure many investor again buy bitcoin because they want more profit .

[Slow death]

Why is bitcoin going 3% up each day?

there were reasons for this, one of these reasons was bitcoin gold, then segwit2x and the current reason CME Bitcoin Futures Market

"
Bitcoin Bulls Get More Bullish, Ronnie Moas Revises Bitcoin Price Prediction


Increased awareness and investment will drive price rise
Ronnie believes that the price increase will be driven by increased awareness of Bitcoin and a larger proportion of the world's population investing in it.

It is estimated that less than 0.5 percent of people currently have invested in Bitcoin and Ronnie believes that this could increase to five percent.

Since the supply of Bitcoins is fixed, the demand-supply imbalance will cause the price to soar. Bitcoin's current rally has clearly divided people into two opposing camps, with the bulls becoming more bullish and the bears crying bubble. "

The price will be much higher in the next years

[f150]

Indeed yesterday the price of bitcoin continues to increase every day and now bitcoin down, because bitcoin prices are unstable. and while the bitcoin decreases, that's when investors buy large amounts of bitcoin to get bigger profits when bitcoin prices go up and the price is higher.

[Sum24]

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.

It would have been nice but unrealistic. After each fork bitcoin price falls. I think that this time will be the same. Only this time, we can observe a more prolonged decline in prices. I hope that the confrontation of miners with the developers will not grow into a phase of active confrontation.

Actually recently bitcoin is arrived to some countries and they accept straight away and they are very big countries in trade so a lot of investors and trade have join bitcoin so that is the reason biotin is going up and I’m sure end of the year bitcoin will be accepted by some more countries so in future of bitcoin will be more high.

[Cherylstar86]

Last few days the price of bitcoin decrease but after few days it will increase again.
For sure many investor again buy bitcoin because they want more profit .

Well to add up an idea about that, it’s a simple reasons behind and seeking more profit form the purchased bitcoin can be so profitable if these people who buy back will control their emotions upon holding a good amount of btc. Not just that desired made them decide to desire to buy more assets, but they really seem to be attracted with the recovering price of bitcoin after the decrease few days ago, some were having regrets diverted of diverting to bch that’s why they dump bch immediately and back to bitcoin.

[bocyaj]

Indeed yesterday the price of bitcoin continues to increase every day and now bitcoin down, because bitcoin prices are unstable. and while the bitcoin decreases, that's when investors buy large amounts of bitcoin to get bigger profits when bitcoin prices go up and the price is higher.

Yesterday the price of bitcoin is only 6900$,now it crossed the value of  7240$.This is what many expected.This is an expected move of bitcoin price.All this happen only due to increase in demand of Bitcoin. Since the fork is nearing,the price of bitcoin will keeps on increasing till 22 November.

[syahril]

Indeed yesterday the price of bitcoin continues to increase every day and now bitcoin down, because bitcoin prices are unstable. and while the bitcoin decreases, that's when investors buy large amounts of bitcoin to get bigger profits when bitcoin prices go up and the price is higher.

Yesterday the price of bitcoin is only 6900$,now it crossed the value of  7240$.This is what many expected.This is an expected move of bitcoin price.All this happen only due to increase in demand of Bitcoin. Since the fork is nearing,the price of bitcoin will keeps on increasing till 22 November.

Some what right.Due to fork too,the price may start to raise.Since the Christmas time is coming ,that also one of the reason for the raise.Many are investing now by considering the fork and the Christmas.At this year end the price of bitcoin will be 8500$.I had inverse and waiting for that value.

[_MrTuyul404]

because every day more and more new people want to know and learn bitcoin, and that's where many people are getting interested to invest in bitcoin and make bitcoin prices always up

[creator.ai]

It has been attracting a lot of interest, I believe institutional investors are flocking to it because of the potential to make big gains compared to other assets.

They must also see the value of a decentralized network that allows P2P transfer of value without third parties...

[ihsanskanzaone]

Bitcoin increases because the number of bitcoin enthusiasts is not proportional to the number of bitcoin so many people compete to collect bitcoin even though the number of bitcoin in the world is still small so it can drive a fantastic bitcoin increase price.

[DrGuns4Hands]

It is due to the upcoming fork. Bitcoin's price going and getting high. This maybe gonna crash at the meantime then go back to its high price again. So wait for the perfect timing where you can gain a huge credentials.

[olushakes]

The moment we continue to look for reasons why the price of bitcoin is either increasing ot decreasing, we will always get a reason but everything in my opinion is based on speculation because the real reason behind such movement is what we are still not getting. Let's move beyond this and accept that its normal for price to either increase or decrease rather than looking for answers where there is none.

[ask]

I think this price rise is just because of bch pump-dump action.
They get free money and now started to buy bitcoin again. I hope miners will stay on bitcoin network so remaining transactions problem can be solved

[SirLancelot]

Cancellation of Segwit affected the price of Bitcoin positively, almost all Altcoins prices started to rise because people turned to Bitcoin to earn free money and then returned to the old order.

Yes possibly because of segwit cancellation that price of bitcoin drops lately. It goes up when users continues to buy and also the demand is increasing. Also, people goes into bitcoin because of the profit can get.

I would be much happier if the conditions were like this because then more people would trust and invest their money in bitcoin. this is a good momentum to increase Bitcoin's capabilities in the marke share.

The sharp rise of bitcoin can scare off potential buyers. Honestly say that I do support the idea that bitcoin should remain stable. It seems to me that the main goal now should be able to buy and sell goods directly with bitcoins. This will give impetus to the growth of popularity of bitcoin is much more than raising its prices several times.

Basics of bitcoin is to use it as currency mate and this can happen only in one way when people will feel that bitcoin is more fascinating as compare to the normal flat currency and those who are true believer they will never scare off and this thing will give more rise if bitcoin will replace the paper money and that will take time to achieve that goal so that’s why people are getting benefits from its investment mode,

[crazycatwoman03]

Why is bitcoin going 3% up each day?

Oh really? 3% a day? I can't see the increasing of 3% a day of bitcoin maybe a week or after the decreasing of price. I think the reason why bitcoin price goes up is because of increasing the user and the volume of bitcoin. It is because of some countries who are the big investor of bitcoin now adays.

[Bustart]

Last few days the price of bitcoin decrease but after few days it will increase again.
For sure many investor again buy bitcoin because they want more profit .

The main advantage of bitcoin are network effect and proven security. Both are nearly insurmountable advantages. As bitcoin evolve, we can expect bitcoin to grow in expected ways as new utility is found. Bitcoin owners can expect that its usefulness will only increase over time. In other words, bitcoin has already lapped the field and has the ecosystem and the resources to compete with significant advantages

[theeelmusical]

As people who are interested in Bitcoin are increasing, the price of the Bitcoin also increased. Nowadays, many people want to invest in Bitcoin because they can see that it's working successfully. As investors are always willing to buy large amount of bitcoins and the demand for Bitcoin is also increasing, the price of Bitcoin will continue to grow up until it reach its highest peak as we didn't expect.