What makes Bitcoin to move this fast?

[ceferov]

Guys I'm wondering why BTC is moving this fast to up? With logic there should be  a huge amount of money flew into BTC market but I don't see any reason to  make this happen.

Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?

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[MrVuuu]

Many people are afraid of losing the moment to join the industry. The current price of the bitcoin is built on the expectation of further implementation of crypto-currencies in our lives, rather than the current value of the industry.

[TaKlarPH]

For me its because of people who put interest in bitcoin and other coins as well. For the newbies and did not get the chance to earn bitcoin its difficult for them because bitcoin is getting higher and it will 100% surely affect the fees.

[sapusapu]

Guys I'm wondering why BTC is moving this fast to up? With logic there should be  a huge amount of money flew into BTC market but I don't see any reason to  make this happen.

Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?

There are many reasons for it. Sometimes, many informations hoax make people not to invest because they are scary if they lose out

[onemoretime8520]

when demand is more than supply the price goes up every time.

[Everest01]

Guys I'm wondering why BTC is moving this fast to up? With logic there should be  a huge amount of money flew into BTC market but I don't see any reason to  make this happen.

Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?

Bitcoin price is going up so fast because suddently a lot more people than before want to buy coins and less people want to sell it. There's less and less "free" bitcoins available on market so those selling can do it at a very high price. There is likely more than a single reason why all of this is happening but the most probables imho are that people either doesn't understand why the price doesn't stop going up and decides to buy even if the value is crazy atm or most hear others making money from nothing and decide it's a good moment to invest. Among all there are also those who know what they are doing by the way. Don't really know how all this will end up but I suppose BTC value will have to go back to decent levels before crossing 25k.

[batang_bitcoin]

Guys I'm wondering why BTC is moving this fast to up? With logic there should be  a huge amount of money flew into BTC market but I don't see any reason to  make this happen.

Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?

Demand itself is what bitcoin move this quick. And also there is a CME effect and I guess this is also with the so called McAfee effect that I've seen on facebook. McAfee was interviewed by someone over the facebook live video call and he said that bitcoin will be going at $20,000 early this upcoming January 2018 so everyone is trying to buy now and it helped a lot.

[a4techer]

Guys I'm wondering why BTC is moving this fast to up? With logic there should be  a huge amount of money flew into BTC market but I don't see any reason to  make this happen.

Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?

Everyone was affraid on what's happening on bitcoin because it was continues rising  why happening this, even there are so many joining in bitcoin why rising so fast and the others was affraid to buy bitcoin because no assurance if its work again or it can be stable we hope that bitcoin value was be in stable and not losing fast.

[ModGirl]

Guys I'm wondering why BTC is moving this fast to up? With logic there should be  a huge amount of money flew into BTC market but I don't see any reason to  make this happen.

Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?

It is the awareness of the current age and the demand of it. Now people are knowing about it with a faster speed and they now are interested to invest in it so every time new people come to buy the demand of it increases and the price of it also increases.

[BossMacko]

The reason why price is rapidly going up is because there are things that about to happen this month and the demand is getting high.  It is said that a big exchange is coming and there will be a fork without estimated time so the tendency are people are preparing for this and they are buying Bitcoin to not miss the opportunity that is coming.

[Protected101]

Bitcoin move so fast because of rapidly growing up of demand who deal with bitcoin.It was continue rising from now it is indemand now unlike before no one knew bitcoin but now many of us engage and invest in bitcoin ,it became popular now.

[bristlefront]

It moves fast because there are many investors to buy bitcoin and easily depletes it current supply and because of that its price moves faster. Too much demand is what pushes it towards its greater price.

[jhongzjhong]

Guys I'm wondering why BTC is moving this fast to up? With logic there should be  a huge amount of money flew into BTC market but I don't see any reason to  make this happen.

Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?

That's the part of bitcoin now being a volatile cryptocurrency the price was not stable and now bitcoin is very popular over the country some of people do investing in bitcoin due to high value and easy to earned. High demand of bitcoin and low supply thats make bitcoin so expensive now and the price rapidly going up.
We hope that it is continuously moving up for better future and more profitable.

[Nerman]

Guys I'm wondering why BTC is moving this fast to up? With logic there should be  a huge amount of money flew into BTC market but I don't see any reason to  make this happen.

Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?

I really think that the catalyst why we are seeing this movement is because of  the news that it will get listed in wallstreet.  Doubters are rushing to buy Bitcoin and the supply cannot handle it. Basic law of supply and demand. I will not be suprised that we hit $20,000 before the year end. I also worry that because rise is really fast we may see a major correction in the near future.

[alisafidel58]

Its because of the new technology that is taken effect right now its called lightning network, this new technology will make faster transaction over the blockchain and will help to ease the congestion in the network.

And also there will be 2 new US based exchanges that is opening later this year or next year, these big companies will help to get new big investor and the demand will be big.

[sucix]

Many people are afraid of losing the moment to join the industry. The current price of the bitcoin is built on the expectation of further implementation of crypto-currencies in our lives, rather than the current value of the industry.

If afraid of losing money then why the price growing very fast? Logically, if afraid of losing then they will sell it and and make the price down. But in reality, price is very high.

[Nightwatchman]

Don't forget the promise of free coins in the upcoming splits.

This could be a contributor to the hold mentality, which drives up the exchange price through scarcity.

I can see this bull run continuing for at least another week, until the splits begin to kick in.

On one exchange I looked at yesterday, there were 6 buyers for every 1 seller. Wow.

[Choii]

when demand is more than supply the price goes up every time.

Exactly, and the reason why bitcoin moving faster, because many invertor invest in bitcoin, so the demand is going to fast and it's so easy to gain or earned profit.

[traderethereum]

the logical reason for me is people interest with bitcoin and they are shocked to see the price now increases too high so they think that this is the time for them to buy bitcoin before it is too late. and with high demand from people make the price increases and we can see right now, the price move so fast. in just one night, the increasing of the price is more than $1k, in the other side, it is good for people with a big amount of bitcoin and makes them super rich on the earth right now.

[coinlocket$]

now i think is the hype. more people are involved, more people wants bitcoins, more people make transations, more the price goes up. Someone told bitcoin will go up 1M $ this is my hope cause im poor and i have a very small fraction