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Author Topic: Why Bitcoin is soaring?  (Read 892 times)
Alfian2015
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May 27, 2018, 01:56:01 PM
 #61

Some of this time, bitcoin has become one of the investment options for many investors. This is because, bitcoin prices soaring high so that the main attraction for many investors. But in previous years, bitcoin had a spike and decline in value quickly. Then why are bitcoin prices so unstable? This is because the bitcoin price fluctuations in various international and local bitcoin markets such as coinbase, bitstamp, kraken, btc china, bitcoin.co.id and others are driven by many factors. Such volatility in bitcoin markets that do not yet have an index is generally accepted, since cryptocurrency as an asset class is still in its nascent stage.
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May 27, 2018, 02:00:32 PM
 #62

bitcoin jumps because now the total supply of bitcoin is very limited, while the demand for bitcoin is very high. so it's not unusual if bitcoin demand is getting higher and higher and leads to a very high price increase. other than that crypto growth also affects the rise of crypto.


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May 27, 2018, 02:11:30 PM
 #63

bitcoin soaring because I think because of the current advanced technology bitcoin can beat the money, gold, stock dah may be so next year can be invested with bitcoin is very profitable for me

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May 27, 2018, 03:16:59 PM
 #64

I personally think it may be the reason why bitcoin soars because there are many new investors or bitcoin users so the price is changing rapidly to higher ones becoming more popular in the future obviously because it is stronger than other technologies obviously the concept or idea of ​​bitcoin developers is really the invention great in this kind of easy and understandable.
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May 27, 2018, 07:37:05 PM
 #65

The price of Bitcoin as any other crypto depends on the demand. The limited emission of one or another crypto is also an important factor.


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May 27, 2018, 07:53:40 PM
 #66

It has become the nature of Bitcoins. Not only bitcoins but also the Altcoins as well. The entire crypto market has become like this. Honestly, this sudden fall was really unexpected. I haven't got a clear idea about the reason behind this recent fall. And sadly we don't know how long it's going to take to recover.
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May 27, 2018, 08:44:34 PM
 #67

It has become the nature of Bitcoins. Not only bitcoins but also the Altcoins as well. The entire crypto market has become like this. Honestly, this sudden fall was really unexpected. I haven't got a clear idea about the reason behind this recent fall. And sadly we don't know how long it's going to take to recover.
the bitcoin price spike is very reasonable, because the bitcoin movement is always there, and the bitcoin price depends on the amount of buying and selling activity and investment, so naturally when bitcoin the price soars
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May 27, 2018, 09:52:53 PM
 #68

bitcoin prices soaring high so that the main attraction for many investors. But in previous years, bitcoin had a spike and decline in value quickly. Then why are bitcoin prices so unstable? This is because the bitcoin price fluctuations in various international and local bitcoin markets such as coinbase, bitstamp, kraken, btc china, bitcoin.co.id and others are driven by many factors
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May 28, 2018, 05:00:24 AM
 #69

Hi guys,
Just came  back from posting in bitcointalk.org, was wondering why Bitcoins price suddenly skyrockted ?
Thanks in advance for the answer...
bitcoin prices can not be known for certain if indeed bitcoin prices experience the possibility that bitcoin demand increases and investor interest in improved conditions
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May 28, 2018, 05:14:29 AM
 #70

Like the Internet and all the resources related to it today.
You believe Bitcoin can change the world, and it's worth it to buy today when it's cheap.
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May 30, 2018, 07:49:38 AM
 #71

Hi guys,
Just came  back from posting in bitcointalk.org, was wondering why Bitcoins price suddenly skyrockted ?
Thanks in advance for the answer...
The valuation of bitcoin is quite unpredictable. You exactly can’t predict what will be the valuation of bitcoin next day and the same is happening, when everyone is just criticising the bitcoin for having such a low valuation by saying that the party is over, go back to your homes and find some work that they are the fools because I don’t think that this party could ever be over , party can be pause for a while but cannot be over and I guess party has started again and valuation started inflating again.

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May 30, 2018, 09:36:38 AM
 #72

Offer and demand.
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May 30, 2018, 09:40:21 AM
 #73

Bitcoins is soaring and it's a fact now.  Bitcoin has come with such an innovative idea.  Many new companies and organisations are now investing in bitcoins and many more are in line to invest in bitcoin. As bitcoins will surely rise more than the price of it today.  So now doubt bitcoin will going to break all its records of prices as many investors are attracted towards it. Bitcoin has come with so many advantages that cause many people to attract towards it.  Mining is the key point which causes bitcoin to attract more and more investors.  As demand is more and supply is less..  Bitcoin will surely rise in prices.
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May 30, 2018, 10:14:18 AM
 #74

Along with the launch of Cboe, a number of major US banks such as JPMorgan CHASE and Citigroup did not immediately stop bitcoin trading for clients who want to transact in futures trading.

As bitcoin slumps, other virtal currencies move. Like Ethereum who occupies the second position, he rose 8%. Based on Coinmarketcap, this week bitcoin recorded a high price increase. Even more than 15-fold, this increase triggered market fears bubble will occur.

Market analysts at London-based Forex.com have pointed out that with such price rises going on, market participants have a tendency to keep up with their money movements.

"So when bitcoin values ​​rise per day, thousands of dollars, there will be speculators in a hurry to buy this virtual currency,
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May 30, 2018, 10:25:36 AM
 #75

After the BTG, it will moon. Just like what happened last fork, which is the BCH. It soared right? It became 5k USD. And right now because of the BTG fork, it is now soaring 8k.

Bitcion is soaring higher a lots of investors invested users are increasing and there's a lot of ICO's shared and proficient  of processing and we'll motivated.
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May 30, 2018, 10:39:50 AM
 #76

there has been a couple of news that has changed the game quite a bit. now there is a lot of money coming in from new sources which is increasing the demand and driving the price up.

i personally think the main reason is the CME news about adding a bitcoin market next month.
you can visit the speculation board to read more about what people are saying.
but month after this thread created,bitcoin price skyrocketed and hit the highest price this ever had.
Sometimes news breaks the momentum but sometimes it boosted ,look from that margin compares to price now,when in january predicted that price of bitcoin will moon again at march ,still not happening instead continues to drop

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May 30, 2018, 10:52:57 AM
 #77

Hi guys,
Just came  back from posting in bitcointalk.org, was wondering why Bitcoins price suddenly skyrockted ?
Thanks in advance for the answer...

As of May 30, 2018; the Bitcoin is dumping and I feel sad about it. However, all we need to do is to just hold and wait for the best time to withdraw. Don't be discourage if the price is decreasing because that is normal in trading.

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May 30, 2018, 11:02:53 AM
 #78

it's probably because investors are beginning to know the news about bitcoin, that bitcoin is very influential on digital assets in the world, they are scrambling to visit what is bitcoin and invest some of its assets. so bitcoin soar now.
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May 30, 2018, 11:08:49 AM
 #79

bitcoin is not controlled by just one individual its value depends on a lot of people who are investing, holding and. also trading. a great impact of increase is trading on exchanges there is what you called pumping it means those people who are on exchanges are buying bitcoin overtime just like what happened from november to december last year twenty seventeen that almost hit twenty thousand dollars and there is what you called dumpings a lot of people sell their bitcoin because they hit their desired target and then they will make statements that makes bitcoin go down FUD so they they will buy cheap value, those people who are affected by this statements will sell thier bitcoin because of panic that is why the value drops almost 65% to 70% this january 2018 , and still we experience those dips right now for its peak. but sooner or later it will get back to its peak state

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May 30, 2018, 11:10:11 AM
 #80

I think the number of investors or users affecting its market. Just like how the usual marketing system works. As the demand increases, the price increases too. Well, this soaring of bitcoin would be nice to those traders out there.

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