Why is the price of bitcoin rising so high?

[ethereumhunter]

If I think the bitcoin price goes up so much because the number of people investing in bitcoin has increased a lot, as more and more bitcoin investors have risen, it's no wonder that bitcoin prices ever hit 200 million, so the cause of bitcoin prices rose due to the large number of investors investing in bitcoin.

I realize this too because of this year, I think the number of people also increase so it makes the price increase. many people now invest their money in bitcoin because they heard the news that bitcoin will increase higher in the future and they don't want to miss anything. the price itself is up and down because people buying and selling bitcoin and some of them still hold. I agree that bitcoin price increase is because of the increase of bitcoin user itself.

[desi92]

If I think the bitcoin price goes up so much because the number of people investing in bitcoin has increased a lot, as more and more bitcoin investors have risen, it's no wonder that bitcoin prices ever hit 200 million, so the cause of bitcoin prices rose due to the large number of investors investing in bitcoin.

Yes i think so. Many of new bitcoiners are born this year and make them invest a lot of money in this.
If the investment increase so much, it makes bitcoin grow so much too.

[marcbitcoins]

Expert explains theories behind Bitcoin surge...
 
Bitcoin prices reaches reached £7,529.77 ($10,009) on the CEX trading platform earlier today, before slightly dipping in value.

Since the start of the year, the cryptocurrency has achieved the incredible feat of increasing more than 1,000 per cent in value.

But despite the incredible growth, economists are still apprehensive of the token’s inherent volatility and signs it could be a price bubble.

Just two weeks ago, bitcoin investors took a hit when the token’s prices plummeted over 20 per cent before bouncing back.

The most common reason for this is that bitcoin is become more popular on every corner of the earth in which result to many small and big time investors are joining in because they realized that bitcoin investment is very promising that they will earn for sure. When investments are pouring in it results to increased of demand with controlled supply of bitcoin.

[yangjun1991]

Bitcoin's price pumps are really crazy, it is making a history. If everyone will be hearing about it, especially people who are wanting to have a good profit in the future, they will be really picking bitcoin as an asset.

[spinno]

the price of bitcoin rises because many people have started investing in bitcoin all over the world. especially those new into bitcoin who want to make money fast thereby investing more into bitcoin.

[JayT22]

i think bitcoin is rising so high because we have only about 20millions.(& it seems like that 20-25% are forever lost )
everybody wants to have bitcoin now since the crypto boom.
its not enough here for everyone thats the reason why bitcoin got so high in my opinion!,maybe will see a much higher rising btc in 2018.

[Jendral Istimewa]

If I think the bitcoin price goes up so much because the number of people investing in bitcoin has increased a lot, as more and more bitcoin investors have risen, it's no wonder that bitcoin prices ever hit 200 million, so the cause of bitcoin prices rose due to the large number of investors investing in bitcoin.

indeed this information is awaited by bitcoin users. Regarding Bitcoin prices that continue to skyrocket. yes, I agree with your good thinking above. as well as bitcoin prices are being updated by the growing number of bitcoin enthusiasts and the increasing demand for bitcoins.

[xandiel01]

I think bitcoin price is increasing so high now because it is the result of being accepted by many countries and the continues of using bitcoin and spreading the knowledge about it. The population now of bitcoin is increasing and it is also one of the reason why bitcoin price is rising.

[fanita]

bitcoin is always increasing due to the large number of requests from buyers, and since the bitcoin price increases its price has always increased by more than one hundred percent. now a lot of people who want to earn big profits from bitcoin for the future. indeed all there is to its limitations to get great results, new technology is needed, thus protecting from excessive bitcoin price inflation, and to prevent a sharp fall in prices its decline.

[Arngrim]

Now it is different. It hit so hard that it came to the roof and want to get out for some more and all of us are holding because we want more.
But now it fell for a whooping $5000.

The question now is are we still going to hold even with this circumstances or are we going to panic and join the sellers?

[skimust]

It’s impressive, isn’t it? The reason for such high price can be looked into with the way supply and demand works. There are more people who are becoming interested and that is why the value is getting bigger.

[Asuspawer09]

Expert explains theories behind Bitcoin surge...
 
Bitcoin prices reaches reached £7,529.77 ($10,009) on the CEX trading platform earlier today, before slightly dipping in value.

Since the start of the year, the cryptocurrency has achieved the incredible feat of increasing more than 1,000 per cent in value.

But despite the incredible growth, economists are still apprehensive of the token’s inherent volatility and signs it could be a price bubble.

Just two weeks ago, bitcoin investors took a hit when the token’s prices plummeted over 20 per cent before bouncing back.

That could be a usual thing about bitcoin. The pumping and even its punctuating flow down is o unpredictable. But as this sudden increase approaches, they why not just be happy about it. It iss an increase, a positive outcome of bitcoin.

[balakang00]

Bitcoin's price is rising so high just because of the demand it gets from the consumers. It is now widely accepted by different countries as a mode of payment on different product that's why people are suddenly interested to i buying it and by that the price goes up.

[swaptaker]

Expert explains theories behind Bitcoin surge...
 
Bitcoin prices reaches reached £7,529.77 ($10,009) on the CEX trading platform earlier today, before slightly dipping in value.

Since the start of the year, the cryptocurrency has achieved the incredible feat of increasing more than 1,000 per cent in value.

But despite the incredible growth, economists are still apprehensive of the token’s inherent volatility and signs it could be a price bubble.

Just two weeks ago, bitcoin investors took a hit when the token’s prices plummeted over 20 per cent before bouncing back.

The most common reason for this is that bitcoin is become more popular on every corner of the earth in which result to many small and big time investors are joining in because they realized that bitcoin investment is very promising that they will earn for sure. When investments are pouring in it results to increased of demand with controlled supply of bitcoin.

Despite some bad news about bitcoin, it will develop another trend next year. This can end up in $40,000 or around this price. The demand is still high, don't worry. The market is also expanding.

[jakoylantern]

For me, the reason why bitcoin price is rising so high because of the growing community. Bitcoin is becoming very famous that’s why many people are willing to buy bitcoin because of some reason like earning money through it, you can use it globally, and you can use it anonymously. When the demand for bitcoin is rising the value will also increase. Some explanation is when bitcoin will admissible as a payment by some company or establishments. 

[ubay]

Because many people buy rather than sell it, and blockchain technology is already recognized by many people but they hate bitcoin is a weirdness.

[yacare]

Bitcoin is the first cryptocurrency and a standard. All know him and buy. Therefore the price will also grow. all want the piece) But the percent of his share will decrease generally.

[Rony24h7]

The most successful crypto in this technical era is bitcoin. Because of its usefulness system and profitable reaction no other crypto or altcoin cannot reach its position. Many peoples are getting inspiration and starting invest there and become a member of that era because they are getting so much benefit and facilities from it. Its price is rising so high because of its extra popularity.
Most of the people depend there very seriously and many people become a part of it day by day. It is a very special coin and almost all the people choose it for investment so that its price is increasing more day by day.

[devarajdp]

Bitcoin prices reaches reached £7,529.77 ($10,009) on the CEX trading platform earlier today, before slightly dipping in value.

Since the start of the year, the cryptocurrency has achieved the incredible feat of increasing more than 1,000 per cent in value.

But despite the incredible growth, economists are still apprehensive of the token’s inherent volatility and signs it could be a price bubble.

Just two weeks ago, bitcoin investors took a hit when the token’s prices plummeted over 20 per cent before bouncing back.

[cevacolor]

There are a lot of factors affecting the price of Bitcoin. It can be due to the currency exchange or perhaps the transferring fees changing.