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bitcoinsocial09
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December 15, 2017, 11:38:49 AM |
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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?  High market demand is the reason behind this. Bitcoin's market price is continuously increasing due to the high demand that it is getting in the market. As its market value increases, same thing happens with its demand and vice versa icluding the backdrops. Bitcoin is gaining more popularity and it is not surprising for its value to be as high as this. |
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jaaeeeyyyy
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December 15, 2017, 01:08:07 PM |
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Its the high demand that makes it so fast growing. Its constantly increasing due to demand of people who invest , buy and trade the bitcoins, aside it is the well known digital currency as of now that value around $17000 it is the highest growth of bitcoin for the past years i guess. I think it could go for a million of pesos or about $20,000 in early January of 2018.
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ronafurw
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December 15, 2017, 01:54:17 PM |
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More and more people are beginning to learn about bitcoin. Its popularity is growing, so investments and price are growing..This is a regularity.
The popularity graph of bitcoin is all the time increasing in value and we know that the number of investors are also increasing and this is the Amin reason why bitcoin is increasing in value all the time. I am sure that bitcoin will further increase in popularity when it would be made legal throughout the world. This thing is soon going to take place because the number of investors is increasing day by day. |
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Gabrieelle
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December 15, 2017, 02:12:05 PM |
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Its the high demand that makes it so fast growing. Its constantly increasing due to demand of people who invest , buy and trade the bitcoins, aside it is the well known digital currency as of now that value around $17000 it is the highest growth of bitcoin for the past years i guess. I think it could go for a million of pesos or about $20,000 in early January of 2018.
More and more people are engaging in bitcoin each day, they're getting interested because of its high value everyone wants a bitcoin now a days that is why demand is going up aw well as the price of bitcoin. It has grown so much for the past couple of months, and over the years bitcoin as proven its worth to the people that will have a bright future ahead of it. |
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charlescoin
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December 15, 2017, 02:49:43 PM |
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Its demand, recognization, and acceptance worldwide. If someone is buying bitcoin coin with fiat currency then he is increasing the demand bitcoin.
Plus the fomo effect, everyone is hearing about bitcoin and no one wants to lose out so everyone rushes to buy in. Yes it is has a demand factor behind it but it is also 100% a bubble right now. |
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b1k4ng
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December 15, 2017, 02:51:29 PM |
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because many new investors who enter invest their money into bitcoin so they dare to pay dearly and consequently bitcoin prices can be as high as now.
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randal9
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December 15, 2017, 03:09:20 PM |
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except for the high demand I can't see more reasons for this rapid movement
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Webetcoins
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December 15, 2017, 07:32:52 PM |
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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? High market demand is the reason behind this. Bitcoin's market price is continuously increasing due to the high demand that it is getting in the market. As its market value increases, same thing happens with its demand and vice versa icluding the backdrops. Bitcoin is gaining more popularity and it is not surprising for its value to be as high as this. It is the main reason why a lot of people are throwing money in bitcoin and they are hopeful about bitcoin price and value. Now growing number of people are able to invest in bitcoin and they are now ready to invest in bitcoin. I hold it and will wait it for long time and not to lose the price of bitcoin. The demand of bitcoin is high now and people are investing for high price and demand of bitcoin. |
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Umar001
Member
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Activity: 308
Merit: 14
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December 15, 2017, 09:11:55 PM |
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What make bitcoin to move this fast, is recognition, many powerfully country recognize and accept it, another factor that make bitcoin move this fast is high demand of bitcoin, it's make bitcoin a hot currency.so, recognition, acceptance, and high demand are responsible for bitcoin move this fast.
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Darknight31
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December 15, 2017, 09:47:37 PM |
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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
I guess one of the reasons why bitcoin moves this fast is that because it has been known more to the public, and it has attracted people to join it's community. That is why more users has been produce and more people wants to get involve in bitcoin, so some invests their money onto it. The demand of bitcoin to the public is continuous, so bitcoin moves fast. |
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sampalokmix
Full Member
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Activity: 315
Merit: 100
Investing in the future development of blockchain
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December 15, 2017, 10:59:19 PM |
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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 believe you are aware on what is happening right now, how does the facebook introduce Bitcoin in the society. Day by day the user and worker of Bitcoin becomes massive in which it capables in making Bitcoin more expensive. |
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xerophore
Newbie
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Activity: 54
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December 16, 2017, 02:26:36 AM |
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As more and more countries are accepting existence of bitcoin and thus naturally the community learns why bitcoin is accepted and what its advantages are. Thus, they understand and continue to invest in bitcoin and it happens like now. Bitcoin becomes 'something' very valuable.
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tumokatok
Member
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Activity: 392
Merit: 10
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December 16, 2017, 03:13:34 AM |
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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 represents technology where its value stems from the fact that the rest of the world recognizes that there is a limited amount, "Lee said. "It's a rare digital asset." Only 21 million tokens exist. Currently 16 million are in circulation. Twenty million will be mined in the next 10 years. Based on the open source math formulas, it takes 100 years to mine the last millions of Bitcoins, "explained Lee, who is very optimistic about the future of cryptocurreny. |
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FoxTheHuman
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December 16, 2017, 03:18:46 AM |
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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 a lot of reasons for it to move faster and not slow down, probably from the Wall Street. And the fact that the major trading floors in the world accept bitcoin and some other potential altcoin. |
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guoyu78
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December 16, 2017, 09:53:57 AM |
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I think it is due to the CBOE listing of Bitcoin futures, people are hyping Bitcoin right now and I advise to everyone not to buy Bitcoins at this time since Bitcoin is reaching ATH.
I would suggest you who wants to gets into crypto to invest in alt while Bitcoin is at ATH.
I don’t really get how the popularity thing works, I thought Bitcoin is all about the rate of demand. By the way, how is the population of Bitcoin calculated? Last I checked I wasn’t able to come up with any source that really claims to know the exact population of Bitcoin, it’s all just a guess of what it is, which is what it’s not actually is. 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 also believe the same thing, there are lots of people that are buying Bitcoin now due to what was predicted about the future of bitcoin. But it doesn’t just end there, we are all only looking at the good side and not minding the negative aspects of it. |
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imking
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December 16, 2017, 11:00:42 AM |
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Bitcoin move this fast it’s because to the growing community. Many investors, traders, establishment, company, etc. are willing to gain and earn bitcoin. The reason why the demand for bitcoin is increasing because the volume of the user is rising, many person wants to purchase and sell bitcoin. Yes, bitcoin has a massive amount that’s why you can earn plenty of money through it.
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djgtr
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December 16, 2017, 11:16:50 AM |
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Bitcoin move this fast it’s because to the growing community. Many investors, traders, establishment, company, etc. are willing to gain and earn bitcoin. The reason why the demand for bitcoin is increasing because the volume of the user is rising, many person wants to purchase and sell bitcoin. Yes, bitcoin has a massive amount that’s why you can earn plenty of money through it.
Yes i agree on that bitcoin today is really getting more popular and it really getting verry amazing maybe people really know its advantages and the profit behind the line that is why bitcoin community today is really rising so fast because bitcoin today is really having a great amazing fast rising community because people around really believe on bitcoin because they really prove the profit in bitcoin. |
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pitiflin
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December 16, 2017, 04:54:05 PM |
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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 reasons but they are not technically economic. The main reason is that institutional buyers are interested in bitcoin and CME and CBOE group are listing bitcoin futures(CBOE has already listed bitcoin futures on 10 th December and CBOE is listing it on 17th December that is tomorrow). There is too much demand for bitcoin at the moment than what is required which is not that good for the markets, this demand will consequently lead to a chain effect. |
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chichigirl
Sr. Member
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Activity: 588
Merit: 251
HELENA
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December 16, 2017, 11:10:02 PM |
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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? The only reason i know for this fast moving price increase of btc is that the demand increases but since we have a very limited supply of btc, the tendency will be the price increase. |
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pandukelana2712
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December 17, 2017, 02:17:25 AM |
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This situation became from supply and demands of bitcoin currency...
The demands of bitcoin is higher than bitcoin supply, so the price going higher. Why people make demands became higher? because the people won't loose moment be rich instantly.
It is just economic law...
If you can command people move to altcoin, i think demands of bitcoin will be down....
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