What makes Bitcoin to move this fast?

[AldenGreen]

More and more investors are now open to try crypto and they choose bitcoin because it is popular and keep growing fast, above all it is the high demads that keeps this crypto up

[geopolisch]

More people are now investing into bitcoin that is the reason why the price went up that fast in the past days. Maybe right now we are just experiencing some correction that is why the price is hovering in the $13,000 level but I still expect for the price to go beyond $18,000 before the year ends.

Yes, It is just another correction, nothing else. Bitcoin is just getting ready for its next target which is not 18,000 dollars rather 20,000 dollars. I am pretty sure that this coin is going to reach this value by the end of December easily. I think there is no issues in waiting for bitcoin to recover its previous value. This is nothing new for the bitcoin investors to have some light dump before a drastic pump.

[Ailmand]

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.

Yes, law of supply and demand, I guess. Bitcoin's demand right now is so high because of the high price point it carries, unfortunately, the supply is very scare because many people who has bitcoins in storage are choosing to keep a tight hold on it because they are betting that its price would continue to soar. Also, it has gained a lot of traction and attention since its sudden price surge. I think more and more people are beginning to notice of bitcoin's potential, and many has been actively trying their hand on it.

[bitctrimor1]

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.

I think its fast movement is based on the concept of people striking it while its hot. Bitcoin's value at the moment is surging and a lot of people are really gunning for it to continue to rise, thus, they invest and try to get more bitcoins under their belt to either use for future investment or profit. I also think that since many countries have shown support if not acceptance with the cryptocurrency market, many people has been purged of their negative ideas about it, which somehow helps them to initiate more dealings using bitcoins, and them being open about it, helps bitcoin gain more traction in the global market.

[haroldtee]

More people are now investing into bitcoin that is the reason why the price went up that fast in the past days. Maybe right now we are just experiencing some correction that is why the price is hovering in the $13,000 level but I still expect for the price to go beyond $18,000 before the year ends.

Yes, It is just another correction, nothing else. Bitcoin is just getting ready for its next target which is not 18,000 dollars rather 20,000 dollars. I am pretty sure that this coin is going to reach this value by the end of December easily. I think there is no issues in waiting for bitcoin to recover its previous value. This is nothing new for the bitcoin investors to have some light dump before a drastic pump.

It is really getting ready for its next target. In fact, I thought we should be heading to the moon considering breaking resistance yesterday only to get to see a fake top early this morning. Really looking out though for double top as that would really not speak well. I hope we head back to testing the previous top soon though otherwise, it may end up being a journey to support. Bitcoin is really getting more popular than we can imagine and with most of the developments that are coming now regarding mainstream levels, I sure believe that would give it even much more recognition, so we are not even fast enough yet.

[Alex_nutis]

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?

Attracts new investors an opportunity to earn.

[jonatuzc]

I think it is due to high demand of the investors or bitcoiners while the supply is limited. it makes the price rising

Rising of demand is making bitcoin high and this is the reason why bitcoin is increasing very rapidly. I am not sure that bitcoin will ever get down and will lose the value because now almost all the people are using bitcoin and they are using it as multi purposes as we can make bitcoin profit with investing in bitcoin and also being a part of the signature campaign and the bounty campaign so it is reliable and convenient so it is increasing in value.

[Aryanto28]

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 think maybe because the state of bitcoin in some countries today has been banned so bitcoin wants to show its advantages and show that he is able to surpass the price of gold. hence the bitcoin price can rise as fast and as high as this. to make people think several times to leave it because its price is so high and make bitcoin so valuable to have.

[putrii]

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?

which makes bitcoin very fast is from a very high demand factor and get very tough bitcoins, other than that people in this world still do not know what bitcoin is and the benefits of having bitcoin.

[Harrisonimo]

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 has been moving fast up from the last three months. I can attribute this upward movement to depicting the rate at which more persons are adopting the bitcoins/Cryptocurrency at large. Bitcoin increase is also not regularised fully yet this is why it grows like a wild fire. Be also to not that the drop rate has been sharp and it builds up again within a short while; in few hours. The upcoming bitcoin forks is also a time to take note in Bitcoin price value; there will be an anticipated decrease.

[zarados]

there are several factors that might affect the bitcoin price rising this fast:
- Bitcoin got through predictions of people in 2017 that most predict the price will rise to $ 10k.
- The media that spread bitcoin success in this year that reached a rise above 1k%.
- Because of the two factors above, so the user increases, the higher demand, so the price goes up faster than usual.

[fabrizoc]

For me, what bitcoin move this fast it’s because of the popularity, growing community, and increasing price. We all know that bitcoin’s demand is rising because of the growing population that wants to earn, uses and makes. When the volume of bitcoin’s market grows, also the price of bitcoin will increase that is the main reason why bitcoin price is getting expensive.

As bitcoin is a currency so it is limited and on the basis of daily routine, millions of people start using it worldwide due to its extra benefits and security.

With the time the demand of bitcoin is also increasing and everyone want it so it also a big factor in the increscent of its price but on the other hand if we keep an eye on the whole process so the increasing demand is just due to the benefits and properties. I think its price is increasing due to the people and the people are using it due to its benefits.

[Rufsilf]

I think the reason for bitcoin to move this fast is the exposure of bitcoin in the whole world because in the social media, bitcoin is being discussed by a lot of people and a lot of people are now getting into bitcoin because they got curios about to the things that bitcoin have and why other people are going into bitcoin too.

[ekans45]

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.

Bitcoin system is one of the vital factor for bitcoin fast movement in the market. We are aware that bitcoin is supported to blockchain system that does not requires too much of anything like identification in the process that it give better and faster way of transaction through online world. The better form of transaction gives people an idea to have bitcoin in a daily transactions, investments and trading that could increased the value or worth of bitcoin in the market that gives potential to the digital currency world.

[ngacengan]

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 see the movement of bitcoin very quickly due to the very high market demand factor, many people are just getting to know bitcoin and they want to have bitcoin as their future savings.

[Hamstead]

I think the reason for bitcoin to move this fast is the exposure of bitcoin in the whole world because in the social media, bitcoin is being discussed by a lot of people and a lot of people are now getting into bitcoin because they got curios about to the things that bitcoin have and why other people are going into bitcoin too.

Usually most of us are totally influence with social medias and as what I've observed, everytime we do this we've gonna find some advertising adds regarding on cryptocurrency. This thing is goid since we have just promoting crypto worldwide and with the aid of this, it certainly make everyone will be aware and make them curious of something to discover. This made them moving towards crypto to find out the benefits they might get in here.

[Harlot]

I think the user factor is increasing drastically, bitcoin stock is very limited so if there is a 100% increase then the impact will be very fast. In addition, the trend of bitcoin usage at the end of the year is always increasing so as to make the price move very fast.

In addition to that,  new investors/traders are piling up to buy Bitcoin hoping that they can still catch up and ride with it. With that kind of scenario the demand will push the price upward as the supply is also limited. The fast growth can be contributed to it with the part of the media attention Bitcoin is getting a lot of people are getting more aware with it and many of them wants to be involve. Additionally the bulls are pushing the price upwards as they themselves are buying up even if they have bought at a cheaper price already.

[faceoff97]

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?

Basically its more like because of the supply and demand relation. Bitcoin is reallt gaining great popularity all over the world and well known personalities are getting involve with it making it become a catchy to majority. Since few months ago, bitcoin have shown tremendous growth making More people jump into it. As popularity was gain demand is also hitting hard causing the price to pump. Bitcoin supply is also limited and this also made it more valuable and worth to hold. I would nit be surprise if it double its price again in tge next few months.

[platot]

because of the high demand and theres a lot of investors is investing in btc thats why moving so fast this time.

[Wildwest]

Total supply is limited and Bitcoin will can not be mined in a few years later. Also the popularity of Bitcoin is the reason why Bitcoin is moving so fast like this year. People is interested with Bitcoin because a good place to invest.