Why is the price of bitcoin rising so high?

[loof99]

The reason behind Why the price of bitcoin rising so high, is because of its continuously increases of demand in the world trade market.
There are lots of people supporting the services of bitcoins so there is great impact that it will give in the market value of bitcoins.

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[klim75]

The price is only based on the supply and demand .The same happens with bitcoin, and it will keep going up because people is still looking to buy it at an expensive price.
 

[GideonGono]

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.

One of the reasons for soaring the price of bitcoins is people who keep buying bitcoins. So the price of bitcoins is rising. Especially today the growing number of people are gaining interest in the so-called Gold on the Internet. So it will not be long before the price of bitcoins will increase further. And I'm sure that bitcoins will be accepted by large companies that will really speed up the price hike.

[btcdepo]

The reason behind Why the price of bitcoin rising so high, is because of its continuously increases of demand in the world trade market.
There are lots of people supporting the services of bitcoins so there is great impact that it will give in the market value of bitcoins.

That is the correct answer mate, "demand". Whenever you are seeking answer to "why price going higher" in any market the answer is demand rising. As bitcoin is anonymous dark side is also entering to the blockchain. like money laundering, drug traficking, gun traders etc.

[Ukaraki]

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.

I think the big issue for btc is that there are too many new ICOs and they need btc investment.

[Danglen1010]

the price of bitcoin always rising, because of its high demand and many users buy more stock of bitcoin that's why the price of it rise so high.
When many users continue buying a stock the price of it will get higher and higher.

[bitcoinskyrocket09]

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 reason why bitcoin value or prize is always increasing that could growth so high is because of the demand of the people who buy and Invest more because the more users to buy bitcoin stock the more it's increase the prize. And as of now we know that bitcoin are become more popular to the people so that the demand of bitcoin are also increasing that take the prize rise so high.

[gcckpxm62308]

Now the world's blockchain industry bubble serious, huge risk, and continue to superimposed, not risk-tolerant retail investors do not approach, because it is easy to become Panxian, become "leek."

[engrdaver]

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.

This basically revolves around the Supply and Demand rule. BTC has limited numbers worldwide and the demand is so high that one satoshi (a very small portion of BTC) is already worth a lot. a large number of people are interested in getting BTC all over the world and its affecting the demand rate.

[anne.montes]

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.

Because of more number of people buying bitcoins(the demand) and the scarcity of bitcoin(the supply) that makes the bitcoin price goes high.

[phucngungoc]

Bitcoin prices are bottoming out at the moment. And I think there are many reasons why the bitcoin value is increasing. Capitalization is increasing. A lot of people pay attention to bitcoin. This makes the value of bitcoin increasing

[Potchi]

Law of supply and demand. As many people buy bitcoins, the demand increases therefore the price increases. Bitcoin's price is rising so high because of the news being spread about it and because of that, more and more people want to invest in bitcoin.

I couldnt agree more. Bitcoin has been known everywhere and started its great years that is why more people are getting aware of it and they actually get involved. This means that the demand of bitcoin is increasing these days which resulted to a high price of it. Well, for me it is a good thing because bitcoin has been known now and it has a progressive development because more people are investing in it which means more people will benefit from it.

[nicko122]

Prices fluctuate, there is nothing to be done about it, especially the price of bitcoin has never been stable, we always see either a jump up, or a temporary drop in price. As a result, the price is still increasing and bitcoin is growing.

[BtcBling]

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 reason Bitcoin price is rising high because it is the law of supply and demand. Remember that there will only 21 Million Bitcoins will ever be made. Then because of social media, too many people start using Bitcoin. With this kind of effect, the market value of Bitcoin will constantly increase.

[emezh10]

for short-term investors may be devastated when they see bitcoin prices go down for a while, but for long-term investors it may be that their ordinary bitcoin price drops are normal, as they see the rising bitcoin price to gain a long-term profit.

Bitcoin price value is affected by several factors, but the most common factor is the law of supply and demand, it applies on the value of stock market, and affects also the constant fluctuation of bitcoin price. Anything that is abundant and much needed, will surely be valuable in the eyes of the consumers. The ceiling of its value is uncertain.

[Taqi Ahmad]

let me tell you .. why the price is high because the good project and high needs 

Yes, I agree with you why the price is rising so high because it's good project and high needs. As far as I know that Bitcoin is a digital asset which is suitable to use in this era, even it's simple and easy to access by people wherever they want to.

[loof99]

the price of bitcoin always rising so high because many users investing and it and many people but bitcoin everyday that's why the price of it get high and higher each day and when many people invest in bitcoin the price of our will get the peak and many investors will earn a lot of money while you are waiting for your passive income, in this year there are many possibilities that bitcoin may increase more.

[loof99]

The reason behind the price of bitcoin is high is because of its high demand that receives the world trade market; which lift the market value up and more favourable.

[Samat 2.0]

I do not know anything about the growth and if what happens to bitcoin can now be called growth ... this year, in any case, there will be a growth either at the expense of new earners, or at the expense of new investors and projects. The number of people interested is growing - this will inevitably lead to growth.

[ladydark]

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.