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The_prodigy
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November 30, 2017, 07:50:09 AM |
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the price of bitcoin going up crazy,Is there an investment institution entering bitcoin or because of other reasons,what do you think?
I think there are several factors that moght be leading up as to why that there is an increase on bitcoin prices. It moght be that the demand are still there and rising or that companies suddenly have urged each other to look and integrate and thats why ts stock is rising. |
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"You Asked For Change, We Gave You Coins" -- casascius
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Rexler
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Activity: 616
Merit: 12
The Standard Protocol - Solving Inflation
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November 30, 2017, 08:11:40 AM |
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the price of bitcoin going up crazy,Is there an investment institution entering bitcoin or because of other reasons,what do you think?
I think there are several factors that moght be leading up as to why that there is an increase on bitcoin prices. It moght be that the demand are still there and rising or that companies suddenly have urged each other to look and integrate and thats why ts stock is rising. No one is encouraging the other to buy. Everyone is seeing the benefits of Bitcoin and its Decentralized and distributed value and are hopping in. Although I do believe we're in the uptrend and a correct "might" just follow soon. |
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Zuilhsa
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November 30, 2017, 08:28:32 AM |
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The user interest and demand for bitcoin is the only reason for boost in price. The popularity is increasing nowadays and there are only limited supply. The insane growth of bitcoin makes many investors to invest their money in bitcoin to make high profits, this tends the price to go craze.
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Zubayer
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Activity: 181
Merit: 10
Working as a Web Developer and Cyber specialist.
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November 30, 2017, 08:52:21 AM |
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I think bitcoin price going up so crazy for bitcoin popularity. Bitcoin price is so high and people want to invest here and they want more profit. Everyone loves to earn more bitcoin and when its price going up again and people sell their bitcoin.
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Iyhen
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Activity: 101
Merit: 10
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December 01, 2017, 06:21:13 AM |
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In my opinion, Its not about an instition. It's all about us who are involve to bitcoin because the many people who holds bitcoin the higher the price will get. Holdin bitcoins will make the market cap smaller which pumps up the bitcoin price then when the holders starts to sell their bitcoins price will suddenly fall because the market cap will now be filled with bitcoin
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pikebu
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December 01, 2017, 08:25:59 AM |
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The causes why is the price of bitcoin going up is demand and supply, the demand of bitcoin right now is going up, the people know about the bitcoin, bitcoin can considered as digital asset the values of bitcoin will be increase in the future especially when the bitcoin be used as the currency, so many people who invested large of money in the bitcoin because it has good potential and we have knew that the total supply of bitcoin is just 21.000.000 bitcoin around the world, it is small amount for around the world.
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YourCoinIsMine
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Activity: 42
Merit: 0
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December 01, 2017, 08:26:53 AM |
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the price of bitcoin going up crazy,Is there an investment institution entering bitcoin or because of other reasons,what do you think?
It's price flucatation are made by supply and demand. |
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congtuan001122asd
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December 01, 2017, 08:41:02 AM |
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Bitcoin is electronic money, it's price depends on the number of users and the demand for human use. At present, the demand for human about bitcoin has increased tremendously, so it's price has also increased wildly.
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Pasaway2701
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December 01, 2017, 08:53:39 AM |
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The user interest and demand for bitcoin is the only reason for boost in price. The popularity is increasing nowadays and there are only limited supply. The insane growth of bitcoin makes many investors to invest their money in bitcoin to make high profits, this tends the price to go craze.
That is right. There is an increase for the demand with limited supply. There are many investors interested to risk there money for investment that make them buy now because they do not get a chance to buy when the price is low. Now they are in a rush to invest due to more increase in price sooner that can actually give huge profit. |
Dear GOD/GODS and/or MEMBERS OF SUPER-INTELLIGENT ALIEN CIVILIZATIONS: Please let CHAUL JHIN KIM win the NEW ZEALAND POWERBALL JACKPOT. He will use the money to set up his own RESEARCH LAB and find the CURES for CANCER and AGING! He will release the CURES into the PUBLIC DOMAIN! (a la Jonas Salk) EVERYONE regardless of wealth will no longer need to SUFFER! CHILDHOOD CANCER will also be HISTORY! Thank you! - A Faithful Believer. P.S. If anyone is reading this then please pray with me!
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MrYan
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Activity: 32
Merit: 0
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December 01, 2017, 08:54:49 AM |
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its the hype. 2017 is the year for bitcoin
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iqlimasyadiqa
Legendary
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Activity: 1596
Merit: 1011
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December 01, 2017, 08:59:28 AM |
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the price of bitcoin going up crazy,Is there an investment institution entering bitcoin or because of other reasons,what do you think?
I think the main factor is the growing public confidence in Bitcoin. This makes the Bitcoin price rise crazy, until now I'm sure many people who have gained profits and they become rich. I as someone who has Bitcoin certainly feel getting a big profit, Bitcoin price increase of tens of percent has made me become rich. It has driven me crazy because I am now beginning to realize my dreams. The current Bitcoin price has made me think that when I sell it right now I can add the money I have. |
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TheCryptoSite
Newbie
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Activity: 16
Merit: 0
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December 01, 2017, 10:08:43 AM |
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the cause is because more and more demand. Many new people are interested in investing in bitcoin, this is what causes prices to rise dramatically, while the total supply decreases.
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elie_s
Member
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Activity: 112
Merit: 10
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December 01, 2017, 10:11:07 AM |
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It all depends on the increase or the decrease of the demand and bitcoin lately is going viral all around the globe people start noticing it and taking risk in investing in it
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jiamileshuai
Member
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Activity: 112
Merit: 10
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December 01, 2017, 10:16:07 AM |
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This is driven by the increasing number of bitcoin users and many investors who invest in bitcoins. And this will continue to grow and advance if more and more good users who make transactions, trading and the like. We hope this will continue with the expectation of all bitcoin users.
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TopT3ns
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December 01, 2017, 10:20:46 AM |
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the price of bitcoin going up crazy,Is there an investment institution entering bitcoin or because of other reasons,what do you think?
maybe because of fork that come and never end, people start to buy and hope they can get free coins from bitcoin split and sell it after get that coins |
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Valentina N
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Merit: 103
https://www.swanfinance.io/
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December 01, 2017, 10:22:54 AM |
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Because of greedy, politics and a lot of such psychological, social things. Since from time immemorial humans created Babylons. I am sure all created by people now or latter will by destroyed and have no good future. No matter bitcoin or etc. Such imbalance not normal to high price in short time. People always have no limits. Greedy + a lot of things)
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Earn 20% interest in staked crypto with #SwanFinance 🦢
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vv181
Legendary
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Activity: 1932
Merit: 1273
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December 01, 2017, 10:33:38 AM |
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One of the reason bitcoin price going ups tremendously high is bitcoin now have an excellent media coverage and public/government attention. As we can see bitcoin get mainstream attention lately with such high demand and limited supply is equal to increasing price.
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coinaniki
Newbie
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Activity: 11
Merit: 0
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December 01, 2017, 11:02:16 AM |
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no matter. isn't it?
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learner 7
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December 01, 2017, 11:08:51 AM |
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the price of bitcoin going up crazy,Is there an investment institution entering bitcoin or because of other reasons,what do you think?
maybe because of fork that come and never end, people start to buy and hope they can get free coins from bitcoin split and sell it after get that coins Yes bitcoin forks have increased and so very much benefit from investment for bitcom owners. This is also one of the reasons why everyone wants to have bitcoin. |
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greenclub09
Full Member
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Activity: 560
Merit: 102
BBOD - The Best Crypto Derivatives Exchange
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December 01, 2017, 11:11:37 AM |
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i guess this happen because of the pumping of many big investors who have huge amount of bitcoin, they want to get much more profit so they buy a large amount of bitcoin, making the price of bitcoin rise up so quickly, more and more investors buy bitcoin will make its price higher, and when big investors sell, bitcoin price will surely drop.
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