Why the bitcoin price doesn't stop rising?

[cryptonomicon25]

Bitcoin has a very limited supply and already nearly 3/4 of the total supply has already been mined. If it reaches widespread adoption it would not be surprising for one Bitcoin to be worth $1 million.

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[Chanock]

Hello all.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.

It is simple why bitcoin is continuously increasing it's value is because the demand now is high and the supply now is limited that's the reason why bitcoin is simultaneously increase. another thing is the investor and the mega ICO, they hold bitcoin to create a limited supply in the market cap that resulting the rise of price value. Even the mega country contribute in low supply of bitcoin because of they holding it as long as they want to affect the demand of bitcoin in the world market cap.

[tikaka]

I think the value of bitcoin is constantly increasing because of the high demand of the people. Bitcoin is not only for online shopping but also for travel and school fees. Therefore, the demand for bitcoin is higher. The price of bitcoin is also very suitable for us to buy.

[Oasisman]

Hello all.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.

This is due to Bitcoins gradual gaining of popularity, through this there is a huge market demand with only a limited supply . As time passes by, people will learn the uniqueness of its feautures after hearing Bitcoin for the first time , and that is how people starts to put their money in Bitcoin, whether for investment purpose or for transactions . The more people who gets involved in using Bitcoin the more the demand as well, and thats how Bitcoin's value increase basically.

[haileysantos95]

I think its due to more demand for the coin thats why its price continues to rise,while supply is very limited and more and more people are using bitcoin its safe to say that it will grow and grow till it hit a stale mate.

[Xabad]

Hello all.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.

Main reason why Bitcoin's price keeps on rising is because it has a finite supply and since the demand is going high price will go with it. Expect for the price to go high because the demand for the coin will keep on rising after Japan and South Korea's move to embrace the coin.

[santieevanz]

Hello all.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.

Obviously, one of the reason why bitcoin's value and price keeps on rising because the demand of it is also increasing and also the bitcoin is becoming more popular in other countries for which they are starting to trust, accept and trade using bitcoin as it gives a lot of proof that it is really something.

[alyssa85]

My guess is that the hedge funds are stocking up prior to the Chicago Mercantile Exchange futures launching in December.

In order to hedge properly, you need to own the underlying asset, then if you go short on the futures and long the underlying asset you are perfectly hedged. Also because bitcoin is unregulated, they can use their bitcoin holdings to manipulate the price. So say, go short on the futures, and then sell their coins prior to futures expiry day, so that the settlement price on the futures leads them to a profit.

We thought we were the wild west, but it's going to get even wilder.

[Mr.Junker]

communities that make bitcoin still exist and get a lot of sympathizers in the world. public confidence in the strength and need for bitcoin makes the bitcoin value itself even higher. bitcoin like the euro or dollar that has become a reference to the value of the digital currency. Until now bitcoin is still the center of crytocurency

[machinek20]

Because people keep on investing bitcoin and used it for trading, all of the people will tempted when they heard bitcoin rise 10times in a year, so they keep on buying when there are chances and this is not over yet, when big ecommerce joined in bitcoin then it will another skyrocket

[Wagako]

Hello all.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.

Yes the number of people who believe with bitcoin and using bitcoin is rising that's why bitcoin price doesnt stop rising. But always remember that bitcoin price is unstable so there are chance that it will dump but it will definitely increase. So just hold on and keep your bitcoin until it pumps.

[Psynthax]

Because people keep on investing bitcoin and used it for trading, all of the people will tempted when they heard bitcoin rise 10times in a year, so they keep on buying when there are chances and this is not over yet, when big ecommerce joined in bitcoin then it will another skyrocket

That was absolutely wrong. That caused by a lot of the country tries to adopt the bitcoin as the legal payment or try to legalized the bitcoin. that gives the more adoption at this time and make the price increase a lot. People in those countries are interested in the bitcoin right now.

[DustyRah]

Because you can send money from one country to another in a jiffy without dealing with banks. You can present money to another party without showing your identity. It is going to be limited in supply. Consider the fact that it is legal in Japan.

LIMITED IN SUPPLy + ACTUALLY USABLE = VERY HUGE RISE IN PRICE

[BrewMaster]

because each time it rises, the media is filled with lots of news about bitcoin and they start talking about it nonstop. these days they keep comparing it with other famous assets and keep saying how bitcoin has left them all in dust and have been outperforming all of them.

all of the above means more and more investors. mostly excited to become rich over night! a little bad, i know. but what you gonna do?! that's happening.
exchanges report extreme traffic and lots of new members signing up these days too!

[fabiorem]

CME.

They are coming in.

[bixbem90]

Because speculators not want this. And bitcoin more and more stable. Especially, we will have hard to earn BTC, prize on mining decreasing, price increasing.

[KennyR]

Bitcoin is purely a speculative asset. Here this seems to make a big change to the value based on demand to supply availability approach. Also the growth in terms of user network  happening with bitcoin around the globe is moving to much higher extent. This won't let the price fall that easily.

[AriannaSantosUU]

The two factors affecting it are the supply and demand. If demand outstrips supply, then prices tend to rise. But if supply is greater than demand, prices will drop. The higher the demand for bitcoin, the higher values will be.

[hydeevanz]

Hello all.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.

The reason why bitcoin doesn't stop rising because some people keeps on wondering what would be the bitcoin might bring them in the future for which it will lead to their curiosity and will encourage them to try new things which is to invest in bitcoin world. The reason why some of us buy lots of it because they know that the value of it will increase in the future just like a gold.

[hritevanz]

Hello all.
About my question I think it's because most people believe that bitcoin will become more valuable in the future. That's why whenever the price drops, they buy even more, so the buyi wall will always be bigger than the sell wall. so that's why the price keeps going up and up. If you think about this, please let me know.

One of the reason why bitcoin doesn't stop rising is because the demand is also increasing and if the supply is greater than the demand then the price will decrease. Just like in the economic subject, the supply and demand  is an economic model of price determination in a market.
here's the link to know more about supply and demand and how things happen (https://en.wikipedia.org/wiki/Supply_and_demand). Good luck.