cava95
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January 28, 2018, 12:26:49 AM |
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I think that many peoples belive in fact that thay can be rich over night,and thay invest money because thay see or read in news how fast bitcoin grow,the main fact is whit this percentage of new investitors bitcoin is best way for easy and big money.
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Pettuh4
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January 28, 2018, 12:53:18 AM |
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I think that many peoples belive in fact that thay can be rich over night,and thay invest money because thay see or read in news how fast bitcoin grow,the main fact is whit this percentage of new investitors bitcoin is best way for easy and big money.
Ity's common knowledge that demand and supply plays the elementary role in determining bitcoin's prices and so for the p[rice to be rising so high can only be attributed to the global mass adoption of bitcoin and other altcoins since it brings on board security , privacy and safety.
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Asusnumbaone
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January 28, 2018, 01:07:18 AM |
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The price of the bitcoin keeps on increasing because of different factors that makes the price increases. One factor is because of the demand of the bitcoin that keeps on increasing. We all know the law of demand that if the demand increases, the price also increases. Another factor is there are a lot of people using the bitcoin or invest in bitcoin and that is another reason why the price of the bitcoin keeps on increasing. Popularity of the bitcoin increase the bitcoin demands and also it promotes the digital currency around the world.
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sinta23
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DogData
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January 28, 2018, 01:18:30 AM |
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It's because nowadays bitcoin is getting huge media and more people get awareness about bitcoin. Being struggling to earn money, they just don't want to miss the opportunity anymore. So the demand increases very high which results in the huge increase in price.
now bitcoin is indeed a big firal price, although that bitcoin is also offset by the decline of bitcoin which so far can be spelled out surprises us all. but with the rise and fall of the bitcoin price it does not make people so retreat, instead otherwise on tempted by bitcoin.
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lyledark10
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January 28, 2018, 01:19:45 AM Merited by Ararbermas (2) |
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See the news below I thought that's the reason why bitcoin price getting high now. Another exchange Got hacked. Coincheck is one of the largest Japanese exchanges! $534m has been hacked. Source: http://www.bbc.co.uk/news/world-asia-42845505It's another huge warning to take your crypto out of exchanges. Hardware wallet is the best bet. But like me if you find hardware wallet less user friendly then go for desktop wallet such as Exodus and Electrum.
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delarossa
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MINTER
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January 28, 2018, 10:08:32 PM |
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The reason why bitcoin can increase in value in the last few years is because so many transactions are made using these bitcoin currencies. so naturally if the value of 1 btc can increase drastically like that.
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sungaiyangderas
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February 01, 2018, 12:26:47 PM |
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Bitcoin prices depend on requests from people who want to buy them, there are many people who want to benefit in the future, But this can not continue indefinitely. Quite a few types of disasters will affect the decrease in demand for it, and there will be an upside-down chain reaction. For a short time, its value could fall to the actual depreciation. While this is a classic bubble.
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daniweb
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February 01, 2018, 12:29:08 PM |
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Imagine how high the price raised in December. Now the price is low but after this downfall I think it will go higher that it has ever been. Looking forward to see that
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jhezmark
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February 08, 2018, 11:32:45 PM |
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bitcoin price is depends on the community.. because many people use bitcoin and some people buy bitcoin thats why the price of bitcoin goes high..
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thenameisjay
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February 08, 2018, 11:51:06 PM |
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Mostly because of supply and demand. This usually dictates hoe high of a rise bitcoins can accumulate and how deep the crash is. With this kind of logic, a lot of people who have a lot of bitcoins can manipulate the global price so hard that they steer the supply and demand curve hard.
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GeorgiyBilyk
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February 19, 2018, 04:31:42 PM |
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Agree supply and demand is the main price increase! The price of bitcoin will always grow as long as the crypts are developing! When new technologies come into the market, they push to big demand and use bitcoin! I'm sure that now is an amazing time for watching the birth and realization of bitcoin!
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metinbay
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February 19, 2018, 04:38:23 PM |
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It was so low last week and people started to buy it because of potential rising. We say it market cycle and market psychology. And it works everytime.
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Peashooter
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February 19, 2018, 04:50:46 PM |
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The price of bitcoins depends solely on the demand for it from the part of persons who want to buy it. And since bitcoin has increased in price by more than 1000 percent over the past year, there are a lot of people wishing to have such a profit in the future. But this can not continue indefinitely. Enough of some kind of cataclysm that would affect the decrease in demand for it, and there will be a reverse chain reaction. For a short time, its value can fall to the actual depreciation. While this is a classic bubble. A new technological solution is needed, so that it protects both from excessive inflation of the bitcoin price, and so as to prevent a sharp fall in its price. Given the already high liquidity of bitcoins, a sharp drop in the price could cause catastrophic consequences.
Actually, the price of bitcoin will depend on the demand of it in online market or trading sites. The fluctuations of supply and demand of bitcoin is the main reason why its increase the price. However, as of now the price of bitcoin is not yet high but I hope it would recover again and it will keep on increase.
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NashAmajh
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February 19, 2018, 05:02:24 PM |
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From my opinion there are two reasons behind price of Bitcoin rising so high. first of all people all over the world are investing in, again we know that when Bitcoin investment will rise the price of Bitcoin will also rise.secondly people are buying and selling Bitcoin at high rate.
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Jerical13
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February 19, 2018, 05:24:07 PM |
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the price of bitcoin has a rapid growth, because the popularity of this crypto currency is growing. every corner of the world just talks about how to invest in bitcoin
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zentdex
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February 19, 2018, 11:36:54 PM |
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Bitcoin price rising so high it's because the demand of bitcoin is increasing, we all know that the community of bitcoin is growing too fast and too big that's the main reason why bitcoin price is rising or rising so high. We all know that when the demand increases the amount of it will also increase and especially in cryptocurrency. The second reason why bitcoin price is growing is that of some influential person, or giant company that will speak about bitcoin or another cryptocurrency that they will accept it as a payment, etc.
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KingOfWinterfell01
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February 19, 2018, 11:40:23 PM |
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Mostly it ia caused by supply and demand. If the demanf is so high, then relatively, price is high as well. Compare it with diamonds. Diamonds are really hard to excavate and find and refine. They are also low on supply so when we buy diamonds, it's very expensive
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joan26
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February 20, 2018, 12:39:45 AM |
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Bitcoin’s surging popularity, demand and growing awareness of the crypto market has all contributed to its unprecedented rise.
The token is a store of value used to exchange for goods and services. Bitcoin is not regulated nor is it a legal tender – but it is popular and in high demand which drives prices.
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jostorres
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February 21, 2018, 10:51:19 AM |
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It was so low last week and people started to buy it because of potential rising. We say it market cycle and market psychology. And it works everytime.
Supply and demand I am sure, this is the case that is only responsible for the price being jumped so high and then going down every other week. In international market, there is a fix supply of bitcoins that is have been spread over the world. But yes, demand is increasing day by day. So when there is shortage of coins, or people when bought much, market demand increases, and hence prices get higher.
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nebuch
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February 21, 2018, 10:58:43 AM |
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There is the reasons why bitcoin goes to very high. Because of the unstable prices and numbers of investors that can result of bitcoin price dump. Then in other reasons the big investors control the flow of bitcoin in the market. If they can have the power to control meaning they are the one who can be followed. Whatever the prices they decide they can do it in either goes down or goes up. Sometimes they let the market circulate without their present to see the capacity of small investors who hold few numbers of bitcoin pieces. There are more reasons why like the the value of bitcoin rise.
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