Reasons why bitcoin rapidly increase $15,000 in just 5 months?

[iamabasicboy]

I started to be involved in the crypto currency world just this year of July and the price of bitcoin at that time somewhere $1,300 to $1,800 and I wonder why it had a meteoric rise of the price in just 5 months.  Would it will be happen to some digital coins also listed in coinmarketcap?  Is there any reasons that it was manipulated or anybody behind on how this price dramastically goes up so high?   

By supply and demand and marking control from big holders and exchangers, I believe the current price is being manipulated by millionares.

[HasHe]

There is no manipulation in bitcoin price as it has a huge market cap.No other coin has a chance to ever face such a huge rise in their price.At first,after china took strict actions against bitcoin,more altcoin holders started to switch to bitcoin to enjoy the free air drop and claim free coins.It was a reason for price rise for a smaller period.

But when CME announced that it would release bitcoin futures,immediately thousands of new accounts were opened in coinbase exchange.More investors started to buy bitcoins which mainly triggered its price.Then CME's rival,CBOE also announced that it would enter bitcoin market.The p rice rally started at that time and now it has reached $19,380.

[VuLDK]

I started to be involved in the crypto currency world just this year of July and the price of bitcoin at that time somewhere $1,300 to $1,800 and I wonder why it had a meteoric rise of the price in just 5 months.  Would it will be happen to some digital coins also listed in coinmarketcap?  Is there any reasons that it was manipulated or anybody behind on how this price dramastically goes up so high?   

I think investors are pouring money into bitcoins a lot, this is a potential currency in the future, it can replace the current currency, so its price will be high half

[bitcad4u]

I started to be involved in the crypto currency world just this year of July and the price of bitcoin at that time somewhere $1,300 to $1,800 and I wonder why it had a meteoric rise of the price in just 5 months.  Would it will be happen to some digital coins also listed in coinmarketcap?  Is there any reasons that it was manipulated or anybody behind on how this price dramastically goes up so high?  

I think investors are pouring money into bitcoins a lot, this is a potential currency in the future, it can replace the current currency, so its price will be high half

Bitcoin rapidly increase in 5 months because of decentralized process and it rate was good now a days and it increased day by day also and today rate it Cross the $19000 in future it increase very high so it's already Cross the $150000 and it in 5 months only because the buyer is increased and investor get soon it cross $20000 sure.

[Epimetheus]

There are so many reason why the price of bitcoin will increase to $15000 in just month. The most important reason is that the number of user of bitcoin is increase suddenly because the demand of bitcoin in all over the world is increases very much that affect the price of bitcoin is increase suddenly very much . The price of bitcoin is also increase in the future at the end of 2017 the price of bitcoin is approx to $20000 .

[gilangIDR]

I started to be involved in the crypto currency world just this year of July and the price of bitcoin at that time somewhere $1,300 to $1,800 and I wonder why it had a meteoric rise of the price in just 5 months.  Would it will be happen to some digital coins also listed in coinmarketcap?  Is there any reasons that it was manipulated or anybody behind on how this price dramastically goes up so high?   

The reason for all this is due to the increasing demand for bitcoin. Currently bitcoin is increasingly used to conduct financial transactions worldwide economic transactions. That is the reason why bitcoin prices can rise so amazingly in a very short time. Consider now that there are already some other coin that already show positive trend, you can observe bch as one of coin which have high level of price increase. So it's not just bitcoin, almost a lot of coins are feeling the same effect as bitcoin.

[potatochain]

Owing to more people looking for bitcoins, the price has grown into this amount. More successive price rising are also expected in the incoming year for btc values.

[stickyknob]

There are a lot of factors affecting the price of Bitcoin. But, since it has been becoming more popular, it is gaining more investors, therefore increasing the price.