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Question: what causes bitcoin prices to increase?
Increase in bitcoin prices caused by what plan? - 1 (50%)
why is bitcoin price so volatile? - 1 (50%)
Total Voters: 2

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airdagon
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November 10, 2017, 08:45:46 AM
 #1

what causes bitcoin prices to increase?
Increase in bitcoin prices caused by what plan?
why is bitcoin price so volatile?
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November 10, 2017, 08:55:29 AM
 #2

Bitcoin price increases based on demand and supply.If there are more people that want to buy bitcoin then there are people who want to sell then the price will increase and vice versa.There is no plan but sometimes whales buy bitcoin in increased quantity to pump the price for profit.Bitcoin price is highly volatile because volume is less compared to fiat so whales can easily manipulate the price.

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November 10, 2017, 09:12:48 AM
 #3

Bitcoin price increased due to the demand itself,
if nobody want to buy it or trade it,Bitcoin price will not increase at all because the users and adopters of Bitcoin itself never increase.
that is why Bitcoin price increasing,and i believe everyday and everytime there'll be a new users for Bitcoin.
why ? because the technology and system that they offer to us and for the future absolutely.
and why Bitcoin price is volatile ?
because it's manipulated by people,they'll manipulate it to get profit every trade that they made.

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November 10, 2017, 09:17:19 AM
 #4

what causes bitcoin prices to increase?
Increase in bitcoin prices caused by what plan?
why is bitcoin price so volatile?
Maybe the increase and the volatility of its market value has to do with the demand that Bitcoin is getting in the market. Bitcoin is now on mainstream for being expensive, having a market value of 7400$ that is continuously rising. It  volatile maybe because the level of demand is changing from time to time and all cryptocurrency including Bitcoin are obly dependent on the market demand in terms of their value in the market.

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November 10, 2017, 09:30:29 AM
 #5

what causes bitcoin prices to increase?
Increase in bitcoin prices caused by what plan?
why is bitcoin price so volatile?


just like what others said, its mostly on demand and supply that causes bitcoin to decrease or increase and i think the whales is sometimes planning it because they can easily manipulate the price because they are powerful. then can buy much bitcoins so that the bitcoins price will increase. bitcoin is so volatile because that it was mean to be since it was invented. also there were other factors that can make a bitcoins value to increase like upcoming forks and segwits.
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November 10, 2017, 09:36:45 AM
 #6

what causes bitcoin prices to increase?
Increase in bitcoin prices caused by what plan?
why is bitcoin price so volatile?

what causes bitcoin prices to increase? There is a law of supply and demand of every commodity in which defines the effect the availability of a particular product and the desire (or demand) for that product has on price. It just happen that many are buying (demand) than selling (to supply) in which mostly are hoarding their bitcoin.
why is bitcoin price so volatile? Because we don't know if some people will continue hoarding and others are sold their bitcoins in which explains more of law of supply and demand.

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November 10, 2017, 10:37:39 AM
 #7

what causes bitcoin prices to increase?

Buy orders, this is the reason that makes the price of bitcoin to increase.

Increase in bitcoin prices caused by what plan?

Plan of doing a massive buy in exchanges. If you are aware of the people here calling out whales, this is what they are doing. And when the price goes down hat is because they are doing a massive sell orders.

why is bitcoin price so volatile?

It's decentralized, so the price is volatile and no stable worth.

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November 10, 2017, 10:57:23 AM
 #8

what causes bitcoin prices to increase? Increase in bitcoin prices caused by what plan? why is bitcoin price so volatile?

Just like any other market in this world, the principal force is all centered on the law of supply and demand. Once there is a high demand for anything you can expect the price to go up and when the supply is quite limited then there is a big possibility that the price can surge into the sky (this is what happened with Bitcoin). Now, demand can come from those who are looking to buy Bitcoin and they are buying Bitcoin for different reasons but we are aware that the big reason can be speculation...meaning that I am buying Bitcoin today because I am expecting that its value can rise further in the coming days and weeks and I would then realize some profits from my investment. Speculation, by the way, is not unique to Bitcoin as any market is always subject to speculation. Speculation is partly sparked because there had been many projections and predictions that Bitcoin can easily go as high as $10,000 even before the year ends. Whether that can come or not only time can tell.

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November 10, 2017, 12:46:57 PM
 #9

It is not increasing anymore, and we are heading to a Dip, I can never really say it is a drop but looking forward to dipping to the $6500 value for the correction because the Hard Fork is cancelled we are experiencing a correction there is no more goal for buying bitcoin anymore, for now it will be selling, but after the price reach it's potential value I really think it is back in buying again. because it might increase again in the mid of November.



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November 10, 2017, 03:32:40 PM
 #10

There are many reason to increase the price of bitcoin. The most important reason to increase the price of bitcoin is that the popularity of bitcoin . Now a days bitcoin become very popular by the people and so many people take interest in bitcoin that's why the price of bitcoin is countinously increases and may also increases in future and reach to the top level . Bitcointalk is the top most cryptocurrency in the world and it always become top in the future

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November 10, 2017, 04:40:59 PM
 #11

Bitcoin price is based on demand
Bitcoin price is determined by the market and supply and demand rules
it does not depend on anyone

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November 10, 2017, 05:21:45 PM
 #12

Bitcoin price is based on demand
Bitcoin price is determined by the market and supply and demand rules
it does not depend on anyone

But Bitcoin value is determined by many other factors also such as news, software upgrade and so on. Only demand factor is not responsible for the increase and decrease in price due to which it becomes highly volatile as its price cannot be controlled by only one factor. Recently when Segwit2x was cancelled price jumped up and down very quickly so it clearly suggests that Bitcoin price is not dependent upon one factor only.

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November 10, 2017, 05:24:44 PM
 #13

Bitcoin price rises as the interest and actual demand rises. If more people want to buy than what there is for sale in the orders book, then the price rise. At the inverse, a downtrend market is caused by a too much people wanting to sell for too few buyers.

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November 10, 2017, 05:57:20 PM
 #14

Thanks for the information, this is very useful and my knowledge of bitcoin prices is increasing.
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November 10, 2017, 06:03:55 PM
 #15

what causes bitcoin prices to increase?
Increase in bitcoin prices caused by what plan?
why is bitcoin price so volatile?

High demand make price increase .

Simple law of Demand and supply + daily trading

because it is out of control that make no one can make any things to fix price
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November 10, 2017, 08:06:38 PM
 #16

Bitcoin price rises as the interest and actual demand rises. If more people want to buy than what there is for sale in the orders book, then the price rise. At the inverse, a downtrend market is caused by a too much people wanting to sell for too few buyers.
of course, in addition to manipulation in the market, I would still attributed to the impact on prices of any information that is very much offensive to users. You just remember what happened with the crypto currency of Marinka, when the Chinese government began talking about the ban on crypto and ico. when there was such a pit from the price of Bitcoin that it became scary.

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November 10, 2017, 09:14:59 PM
 #17

There are many reason to increase the price of bitcoin. The most important reason to increase the price of bitcoin is that the popularity of bitcoin . Now a days bitcoin become very popular by the people and so many people take interest in bitcoin that's why the price of bitcoin is countinously increases and may also increases in future and reach to the top level . Bitcointalk is the top most cryptocurrency in the world and it always become top in the future
Well it has been a good reason for us to invest with bitcoin so far,  and based on the mentioned popularity I don't think the price will decrease that easy. Although it's the top of all crypto currencies right now but I am not so confident, that price will not fluctuate because volatility could not be predicted due to variation of an investors decisions whether they sell or buy additional bitcoin assets.

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