Bitcoin pricing

[DaMut]

there are a lot of factors that determined Bitcoin price and the most important thing that we need to know is 'the demand itself increasing by day'.
which mean everyday we should see another people get into it and start to know what is it,
while Bitcoin supply only around 21.000.000 and can not more than that,because of that the price is increasing.
let say right now Bitcoin users around 20.000.000,and some people holiding around 1BTC,0.2BTC and etc etc.
what happen if Bitcoin users increasing 2 times from our total right now ? of course,they will push the price.
why ? because Bitcoin will only producing 21 Millions coin,so everybody will not get 1BTC because total users exceed the supply itself.
and lastly it's manipulated by peoples,
human will never stop and always want more,their greed is not something that we can control.
so it's not surprising the price can double in the next day.

[1715295771]

1715295771

[nizamcc]

Why the price of bitcoin is changing quite fast....Why so?

To cope up with the coming fork that could lead the price to disastrous dumps and sudden drops because all this will make a lot of confusion occur in the markets with investors and miners to be seen as referees to decide their execution over the majority issues that are currently going on. I still believe that the current Bitcoin will dominate all these "alts" that are trying to take its place.

[mostkey]

I believe that this is all because of the big traders who are very active in trading. and this is the impact with prices that change fast. other with the increasingly difficult altcoin untik can crawl up, to a higher selling price. this is very troublesome altcoin traders

[lili song]

It's because of demand in the market. Many new people learn about bitcoin and invest on it and still many new investors buy and sell their bitcoin.
They get experience from investors who joint first. Because of that bitcoin price not stable yet.

[Quietman]

Why the price of bitcoin is changing quite fast....Why so?

There are lot of factors why bitcoin value continuously rising. The most basic reason why it rises is that the demand is increasing and there were linited supply. In the past weeks, bitcoin have gain popularity and demand through mainstream media. More and more investors are paying interest on bitcoin. In addition some countries have recognised bitcoin and its use as a form of payment. Bitcoin is ever growing until majority of the knew and engaged themselves with it. I won't be surprise once bitcoin hit 10000$ mark in the next few months Some other factors why it is pumping is the incoming fork and the active trading activities.

[mace15]

I believe that this is all because of the big traders who are very active in trading. and this is the impact with prices that change fast. other with the increasingly difficult altcoin untik can crawl up, to a higher selling price. this is very troublesome altcoin traders

Active traders is one of the biggest contributors as why btc price is increasing. And ofcourse the demand is increasing that btc price becomes high. Altcoin price dump when btc price increase, but in contrary altcoin ofcourse will go up. So I think bitcoin will continues to go up.

[Wesimon]

I believe that this is all because of the big traders who are very active in trading. and this is the impact with prices that change fast. other with the increasingly difficult altcoin untik can crawl up, to a higher selling price. this is very troublesome altcoin traders

Active traders is one of the biggest contributors as why btc price is increasing. And ofcourse the demand is increasing that btc price becomes high. Altcoin price dump when btc price increase, but in contrary altcoin ofcourse will go up. So I think bitcoin will continues to go up.

I agree, its basically what the law of supply and demand was saying. Because there were active trader, the demand is also increasing. More and more people are now engage with bitcoin because of the popularity it is gaining from the mainstream media. Other factor why its demand is increasing is because of the recognition of the government, which makes more people trust and invest with bitcoin. I also heard well known personalities getting involve with bitcoin, tgis gives instant publicity to people to attract more investors.

[Alalex]

Essentially what the law of bidding says, More and more people are now engaged with bitcoin because of the popularity of the media, due to government recognition, which makes more people believe and invest with bitcoin.

[batang_bitcoin]

Why the price of bitcoin is changing quite fast....Why so?

Cryptocurrencies are the only thing that's traded 24/7 worldwide which make the price changes so fast.....whether up down or sideways.

I agree with this one, as crypto's are mostly moving every seconds buying orders and as well as selling orders are affecting the price in real-time.  Also the fork is another reason why the price of bitcoin is changing so fast, think of what we are we yesterday the price went down to $6,990 and now we are back in business on $7,343. I'm thinking another reason of this people are now shifting to bitcoin that has ETH balances because of someone's pressing the button.

[Ararbermas]

Why the price of bitcoin is changing quite fast....Why so?

ithink because there are some reason that involved why bitcoin always changing its value quite fast.such as banning some ico, banning some country that have a high deman of bitcoin. And also the fork. That are the most reason thats why bitcoin always fluctuated.  Also depends on demands of supply  from the market which is reflected on bitcoin value.

[okala]

The underlines factors why bitcoin's price keep pumping are:
1. The crypto currencies market has become so popular this dayear that many people are seeing it as a channel of making money. people see bitcoin as a head of others altcoins and bitcoin is serving as a gold standard to other coins.
2. The current hard fork issue and many people want to take advantage of that to make free coins that is going to come from splitting coins.

[Pasnik]

Essentially what the law of bidding says, More and more people are now engaged with bitcoin because of the popularity of the media, due to government recognition, which makes more people believe and invest with bitcoin.

The popularity indeed is a plus that bitcoin pricing is soaring high. Yes the peoppe that attracts in bitcoin has added in the community to become grow. And ofcourse the possibility always to earn bitcoin makes people invest.

[truncus]

A person who buys a bitcoin never wants to sell it. because it will be much higher. for this reason the price of bitcoin does not decrease.

[denny27]

Why the price of bitcoin is changing quite fast....Why so?

Hi friend, we know today bitcoin is getting popular and getting known by many people including lay people though, many countries have legalized of bitcoin's using as a method of payment (legitimate currency), of course it can greatly affect on bitcoin's price changing quite fast. People in different countries are now getting more engaged in bitcoin (buying, selling, deals) who want to make big profits in various ways that can be done, especially on investment.

[YuginKadoya]

Why the price of bitcoin is changing quite fast....Why so?

Hi friend, we know today bitcoin is getting popular and getting known by many people including lay people though, many countries have legalized of bitcoin's using as a method of payment (legitimate currency), of course it can greatly affect on bitcoin's price changing quite fast. People in different countries are now getting more engaged in bitcoin (buying, selling, deals) who want to make big profits in various ways that can be done, especially on investment.

Not all countries may legalized bitcoin some have ban using bitcoin and transaction is prohibited in it, I really think that the increase of value in bitcoin was the popularity of it and even the ones that ban bitcoin are ultimately using and investing through it, come on who's not gonna do it if the price of bitcoin is this huge, and certainly if not they surely wants their own coins to be just like bitcoin that they can sure control.

[pisston]

Why the price of bitcoin is changing quite fast....Why so?

Hi friend, we know today bitcoin is getting popular and getting known by many people including lay people though, many countries have legalized of bitcoin's using as a method of payment (legitimate currency), of course it can greatly affect on bitcoin's price changing quite fast. People in different countries are now getting more engaged in bitcoin (buying, selling, deals) who want to make big profits in various ways that can be done, especially on investment.

Of course, if it's about investing and buying Bitcoin, which of course the lower price is much better suited for this, Although everyone knows that the effects of Bitcoin are rising in price very actively. Thus, all these price fluctuations in the market can be regarded as a great demand for Bitcoin or artificial manipulation of large whales.

[Cranidos]

Why the price of bitcoin is changing quite fast....Why so?

The most probable reason for the price increase would be increase in demand. The demand for Bitcoin suddenly increase because of the upcoming hardfork due to Segwit2x activation. Bitcoin holder want to hold more Bitcoin hoping that they will have Bitcoin2x after the fork. However, there was an official news circling the media now that  the hardfork was cancelled. That explains the correction just now.

[rickadone]

Why the price of bitcoin is changing quite fast....Why so?

Well, there are so many factors right now making bitcoin to grow pretty fast and most of it has been the previous and upcoming hard forks. However, there are so many upcoming developments which is also bringing in new investors which I believe is also one of the reasons why we are having some high spikes in the bitcoin price and volume as well right now.

[sicparvismagna]

First, there is a lot of bitcoin competition out there cryptocurrency is a huge world there are varieties of alternative coins almost showing everyday, and second trading is non-stop like a 7/11 convenience store its never gonna stop offering serving to us user you can trade your bitcoin every second, minute, hour, or day whichever you see is the right time to trade.

[sana54210]

A simple answer would be the factors of supply and demand which makes the price of Bitcoin fluctuate like an oscillating object with no particularly set lower or upper limits. With that being said, we are nearing the maximum supply pool rapidly and with the ever increasing demand for Bitcoin, the price keeps rising till any external factors influence it and temporarily hinder its progress.

Many people nowadays are holding for profit and since we have a lot of demand coming in than the supply, we apparently are seeing some huge days for bitcoin. There is still so much likelihood of experiencing more of these as time goes on as this is pretty still small from what is upcoming when so many top players and countries start adopting its usage.

Bitcoin is taking over the financial world  
I wonder when they will make it illegal, because the banks are but-hurt for loosing money.  

You are wondering when they will make it illegal. If that is what you are waiting for, then it is best you kick yourself back to reality. There is nothing they have to hold against bitcoin and rather than declaring it illegal, which isn't, most countries are now seeing the aspect of regulating it and allowing it into the system since that is the best way they can control its usage through exchanges and then benefit from it as well.