What makes Bitcoin to move this fast?

[andrei56]

I guess the main reason why bitcoin us moving this fast, aparr from bitcoin now is trending, there are plenty of people investing in bitcoin now. I think almost everyday there are new investors. There many people who register in bitcoin, work in mining, trading and signature campaign. Millions of people are bitcoin worker or earning from bitcoin. This makes bitcoin very popular. And people share what they have in bitcoin. This encourage investors to invest because there testimonials and i think thats the reason why bitcoin is moving fast because of there plenty involve in bitcoin.

I agree, this growth is not normal for bitcoin so this means that something exceptional is happening and what it is happening is that a lot of people are now entering the market of bitcoin and investing in it, this has created a bigger demand and at the same time since the supply is so low this has created the perfect recipe for such an exponential growth of bitcoin.

[stepwilli]

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.

Yeah, but one thing is very important which become the cause of bitcoin fast moving and that is the huge investment of the people. As many people invest in bitcoin the value and price of bitcoin will increase. People invested in bitcoin for two reasons.

One is that bitcoin is a profitable investment and the other is bitcoin is easily usable all over the world. One can buy anything online in the world and can pay from hos bitcoin wallet without any obstacles.

[handini]

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.

Yeah, but one thing is very important which become the cause of bitcoin fast moving and that is the huge investment of the people. As many people invest in bitcoin the value and price of bitcoin will increase. People invested in bitcoin for two reasons.

One is that bitcoin is a profitable investment and the other is bitcoin is easily usable all over the world. One can buy anything online in the world and can pay from hos bitcoin wallet without any obstacles.

indeed, that causes the bitcoin to reach a high and fast it is influenced by investors who have invested their assets into bitcoins, sometimes bitcoins have been chosen by investors. let alone bitcoin is quite profitable for investors.

[alphaomega.f]

I think its because the number of people who now have knowledge of bitcoin is increasing that results to more buyer or seller, bountyhunters and people who market and advertise that's why.

[sangalangdavid]

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 it is probably because of it's popularity which is increasing and a lot of people are investing more in bitcoin which pushes it's value to increase more and more. The fact that the people earns in investment on bitcoin and use the money they earn to buy more circulates and centers to bitcoin itself that is why the value keeps growing and growing. Therefore, we should keep on doing what we are doing for bitcoin to be more successful.

Yes it is, i agree that because of its popularity through social media makes bitcoin moves so fast and millions of people having to buy bitcoin and not so many who are selling, and i think the more the demand of bitcoin makes its value goes high.

It is because of the people who are really earning. Many people are patronizing it because of those who earn. It is serving as a testimony for them to pursue bitcoin.

[kimochidesh]

Growing popularity Of Bitcoin is the major reason for its price growth in last few days. People all around the world are adopting it as an investment tool. This increases its demand and supply being limited make its price rise like anything. Market cap of BTC has been doubled from Sep till now and so is its price. Hope to see BTC rise more in 2018 if lightning network comes into the picture, Coz then people will adopt it as a payment mode also and will use it more often for day to day transaction.

[Guapongbadoy]

Surely because of having many investors, that is the greatest reason of why it's fast to make the value high and also it is the first digital money.

[winteroxalis]

It's the media folks,     Bitcoin shows that positive media coverage is one of the main factors driving the price.
This was most apparent in the early days of Bitcoin, when mainstream press started to report on the new currency and caused a number of short price spikes and collapses. As media coverage increases and other factors are brought in, it is harder to distill the effect of the media alone. Something similar happens when high-profile companies go public, as investors “pile in” and the value rapidly increases from a low base. Think of a company like Twitter, which saw a huge sharemarket “pop” when it went public.

[Mr.X(999)]

Nobody knows for sure, but maybe some of  the company use bitcoin to make cyber transaction in illegally and get open public another company joined too and makes bitcoin moved really fast.

[deadthings]

Still growing amount of users which want to earn some more money without doing any special work in this case hodl offer easy for them income.

[Accessence]

A lot of money flowing in the market right now is purely based on speculation, there is little doubt about that but with that being said Blockchain has a number of revolutionary use cases and there is a nearly untapped market out there thanks to this technology. It is something that can be applied in almost any sector of life and when people actually start to use it for purposes other than investment / store of value, this is when the real potential of blockchain technology will kick in.

[arrivabazza]

Because the investors flow, you have people who are buying because somebody told them it was a good investment, you have others who are buying because they believe its a good investment, you have people changing thousands of other cryptos into BTC, etc... With the huge population who uses bitcoin and the facility they can move their money comes a very big volatility. nonetheless this last week and a half it remained very stable compared to the previous ups and downs

[Nfp]

Bitcoin is moving this fast maybe because of its volatility value of it, that's why there are so many investors are attracted to invest to it and it's continuously being traded and the supply is limited, so that, the demand for it will make the price higher for the reason that bitcoin makes to move this fast.

[yonjitsu]

It's undeniable how bitcoin's market price made a very historic run last year when it hits 20,000$ and that's because of its volatility  in market price because the demand of bitcoin is getting high over the course of time. And i believe that this year, bitcoin will once again set another new price high.

[goribert]

I would like to think that this fast movement is due to the great advantages of blockchain technology, but I honestly believe that the current volatility of bitcoin is mainly due to the great speculation that exists around the market.

[Dimas99]

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 market demand and the people who are now interested in bitcoin are also so much so I think it's normal if bitcoin prices are rising. this is normal. bitcoin supply until now in limit. the ever-increasing user at any time

[d1ceplayer]

Just to clear my understanding by move fast you is the very volatile price. Well, the main driver of the price of Bitcoin is basically because of the demand. And the demand is the one that is also volatile. Everyday there are a lot of selling and buying of Bitcoins happening. And this is because the number of Bitcoin users and traders also increased as bitcoin fame grew up through social media. And with the christmas season coming, a lot of people are cashing out. But many predicts that the price will go back up next quarter of the year 2018.

In this year I feel that bitcoin was under pressure because in last few month’s there were some rich and big countries they have join bitcoin and also some rich companies have also join bitcoin because bitcoin is now one the favorite currency in market and its demand is going very high day by day in last sic month’s bitcoin make a record business which is also a very great honor for bitcoin so bitcoin need to be ready for next year because a lot of countries are going to join bitcoin.

Bitcoin is amazing and its feature is really works and it is really verry simple to use most of the people here in crypto feild is really being astonished to tbe features of bitcoin that is why they are slowly getting crazy about it .It is really amazing and it really gives  a exyra income to us that is why everyone really wanted to have bitcoin.

Extra income factor is playing key role in attracting people all over the globe towards bitcoin. In this very year, bitcoin has generated many rich people, many have been able to set up their own businesses and fulfill their dreams with the help of bitcoin.

There is no doubt that this currency is highly astonishing and people are really intrigued by its unique features. Decentralization is most impressive of all and the privacy provided is also good.

[christina30]

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 guess it mobe fast because his high demand in the digital crypto currency.Almost investor have been invest on this currency.It because of his higher potential incoming future.The more investor the more it fast to move...thats what i understand why bitcoin fast to move

[andrei56]

Growing popularity Of Bitcoin is the major reason for its price growth in last few days. People all around the world are adopting it as an investment tool. This increases its demand and supply being limited make its price rise like anything. Market cap of BTC has been doubled from Sep till now and so is its price. Hope to see BTC rise more in 2018 if lightning network comes into the picture, Coz then people will adopt it as a payment mode also and will use it more often for day to day transaction.

Also it seems investors are planning to invest big money in bitcoin and when that happens that is going to change the whole dynamic of bitcoin, not only the big demand and the big amount of money is going to make the price of bitcoin even higher, people all around the world will want to join this revolution for fear of being left behind.

[dogz12]

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 popularity of bitcoins is growing and its acceptance by the general public is high. Potential investors and investors alike are coming in that is why more supplies are demanded making the price to soar high.