3 Reasons why Bitcoin is Going Up!

[vivavivu]

The price is doing very well considering Google may ban ICO adverts. However the history charts point towards big increases in price.

I don't think Google ban ICO averts will affect to Bitcoin, even Bitcoin is using for almost ICO, but value of Bitcoin not depend on any ICO.

[rickadone]

I think the main reason is the US beat Syria. This is the main reason that has pushed up so many altcoin prices. People are pouring money into the Crypto market to hold their assets in BTC. So altcoin prices have rebounded in two days.

It seems people will always speculate and find a reason for a particular action in the market. It is a speculative market anyway, so we should always expect some few little things to affect the market value once in a while. Nevertheless, we cannot say exactly what must have triggered that value, as it may not even be any of that, but whichever way, the price shot up but the question now is can we continue with this trend or we are going to still go back lower ? Let's see how it plays out in time.

[KorakPawon]

Value and bitcoin prices are designed to grow over time. some people move on to bitcoin due to saturation in the use of banknotes, and most importantly the smaller Global Currency Reserve Value while Bitcoin Grows Bigger

[arpon11]

We cannot find any reason why we should not use bitcoin as money because cryptocurrencies discovery is so important that the advantages is more high and nice than its disadvantages. The comments by the Islamic scholar impact the market more than any of those other factors because many people really appreciate those comments.

[batang_bitcoin]

Clickbait title, forced the user to visit the website source to see the third reason. Why you are not just put all the article in the thread.

Desperation at its finest.

And I believe it coordinated move by the whales, it is really a positive sign since whales are interested yet again in the market.

Move of the whales has been influential since then. Before we all thought that it's more of the thing about demand but yes demand is there and it is being pumped by one big whale.

[ask]

Also if you can check the chart of ethereum you will notice that Ethereum is drawing a nice cup and handle pattern.
If you are familiar with trading patterns this will lead you around 1500$ in a month.
Don't miss this trading opportunity guys.

[budz0425]

We cannot find any reason why we should not use bitcoin as money because cryptocurrencies discovery is so important that the advantages is more high and nice than its disadvantages. The comments by the Islamic scholar impact the market more than any of those other factors because many people really appreciate those comments.

Indeed, we are actually have some reasons why we are still and believe in bitcoin too, and that is one of the main reason why bitcoin still existing until now because of the big innovation it brings in our life, a lot of people are also encouraged to do bitcoin.

[djgtr]

We cannot find any reason why we should not use bitcoin as money because cryptocurrencies discovery is so important that the advantages is more high and nice than its disadvantages. The comments by the Islamic scholar impact the market more than any of those other factors because many people really appreciate those comments.

Indeed, we are actually have some reasons why we are still and believe in bitcoin too, and that is one of the main reason why bitcoin still existing until now because of the big innovation it brings in our life, a lot of people are also encouraged to do bitcoin.

There are so many instances why bitcoin is going up but one thing is for sure investors are the biggest impact in the world of cryptocurrency. Prior to one's name and volatility,it is not the reason for bitcoin to give up because of critics of the media. However,at some point why it grows because the more it is talked about the more will invest because it is one of the hot isuues globally. And,lastly bitcoin continue to grow because of the help of internet and avid supporters of bitcoin that are so much influenced.

[BitcoinPanther]

Well it's nice to know that the Islamic Scholars find bitcoin to be in line and fitting under the Sharia Law.

This increases the audience of bitcoin in a very lawful way which is good for the crypto economy as the demand could rise exponentially.

[berfanaf]

I think the main reason is the US beat Syria. This is the main reason that has pushed up so many altcoin prices. People are pouring money into the Crypto market to hold their assets in BTC. So altcoin prices have rebounded in two days.

It seems people will always speculate and find a reason for a particular action in the market. It is a speculative market anyway, so we should always expect some few little things to affect the market value once in a while. Nevertheless, we cannot say exactly what must have triggered that value, as it may not even be any of that, but whichever way, the price shot up but the question now is can we continue with this trend or we are going to still go back lower ? Let's see how it plays out in time.

When there are no financial hazards in the world and there is no terrorism, the economy of the countries will be better and their people will be prosperous. When they have money for investment in bitcoin, the price will grow more and more. Some good steps for the promotion of bitcoin also cause for growth in the price. The importance of bitcoin also the reason for its rising price.

[katiecbell]

I think the main reason is the US beat Syria. This is the main reason that has pushed up so many altcoin prices. People are pouring money into the Crypto market to hold their assets in BTC. So altcoin prices have rebounded in two days.

It seems people will always speculate and find a reason for a particular action in the market. It is a speculative market anyway, so we should always expect some few little things to affect the market value once in a while. Nevertheless, we cannot say exactly what must have triggered that value, as it may not even be any of that, but whichever way, the price shot up but the question now is can we continue with this trend or we are going to still go back lower ? Let's see how it plays out in time.

Reasons foe the rise in Bitcoin value can be the only reason and that is the demand of people all over the world people are in positive mood about Bitcoin due to its functions and advantages and solution for their problems that is why the whole world is crazy for it to put up with in the right means. Other than this the positive news also plays a good role that encourages people to invest.

[kkaroul4]

the most important is the support of bitcoiner around the world. with the definite support the bitcoin will go up and with the investors to get more excited to invest the money of course bitcoin will also go up. which obviously is for bitcoin can rise in price it with the support of its own users

[EdenHazard]

Today, I worry that Bitcoin will continue to fall after reaching $ 8,000. New York's law firm has issued a notice examining the digital currency exchange industry. This will affect the psychology of many people are accumulating Bitcoin in the past. They fear the risk. And they sell Bitcoin to get back some of the cash they invested in Bitcoin. It will reduce Bitcoin prices in the near future.

Go away from investment in cryptocurrency if you worried the price bitcoin will fall, this is not your place.

The increased price of cyptocurrency is normal, it can happen all the time. If you are afraid of falling prices why you are happy when prices rise. Many of the causes of bitcoin prices will go down, not just bad information. Day trading will affect the price of bitcoin every second. You should know, cryptocurrency have a fluctuation price if you want to be comfortable at investing cryptocurrency then you have to familiarize with the volatile price of cryptocurrency.

[Gadhoh]

After The Pump Of Yesterday This Is 3 Reasons Why Bitcoin Is Going Up !
 
#1  Yahoo Japan to buy miniority stake in cryptocurrency exchange :


Yahoo! Japan Corporation (TYO: 4689) announced on Friday that it is entering the cryptocurrency space. The company expects to launch an “easy-to-use exchange” for cryptocurrencies in the fall of this year, Nikkei elaborated.
Founded in January 1996 as a joint venture between Yahoo! and Japanese multinational conglomerate Softbank, Yahoo! Japan continues to dominate the Japanese internet industry while Yahoo! has been declining in popularity since the late 2000s.


#2 Islamic Scholar Says Bitcoin is Compliant With Sharia Law as Price Surges :
A recent declaration by an Islamic scholar that Bitcoin is compliant with Sharia law could be the cause behind today’s $1000 price surge, opening the market to Muslim investors who were previously unsure if the cryptocurrency qualified as money under the strict definitions outlined by scholars.
Muslims account for 23% of the world’s population, with 1.6 billion Muslims throughout the world, mostly in Asia Pacific nations like India and Indonesia. Sharia Law, or Islamic Canonical Law, prohibits the practice of lending money at high-interest rates, known as usury. Debate has raged since the popularity of Bitcoin in the Islamic Scholar community as to whether Bitcoin trading was a form of usury due to the volatility and huge profit and loss margins.

Read More In This Article http://worldofchd.com/2018/04/3-reasons-why-bitcoin-is-going-up/

One thing that should be noted well, betatapun rise in exchange rate bitcoin, still no one 100 percent predict the future. Everything about the digital currency can change at any time.

[Btcschool]

The price is doing very well considering Google may ban ICO adverts. However the history charts point towards big increases in price.

I don't think Google ban ICO averts will affect to Bitcoin, even Bitcoin is using for almost ICO, but value of Bitcoin not depend on any ICO.

If Google ban ICO adverts it may affect the price because when china banned bitcoin the price dropped from 4500 dollars to 2600 dollars, but now they allowed their people to trade in bitcoin. People are inviting in bitcoin, many governments accept bitcoin as their legal currency and the outstanding features of bitcoin are the reasons for rise in price.

[poplolnman]

I think the main reason is the US beat Syria. This is the main reason that has pushed up so many altcoin prices. People are pouring money into the Crypto market to hold their assets in BTC. So altcoin prices have rebounded in two days.

It seems people will always speculate and find a reason for a particular action in the market. It is a speculative market anyway, so we should always expect some few little things to affect the market value once in a while. Nevertheless, we cannot say exactly what must have triggered that value, as it may not even be any of that, but whichever way, the price shot up but the question now is can we continue with this trend or we are going to still go back lower ? Let's see how it plays out in time.

Decentralization make Bitcoin so speculative , no one could affect the market , no regulation can affected it. It's about us who play in there , no one there but each of us make a buy and sell speculation continuously.
Those factors , those reasons acts as fundamental , you can rely on it but of course not a single view from the fundamental only , there's a technical factor also who can make you confident enough to consider it as the biggest thing influenced the price movement.

[francis2]

The main reason for the growth of bitcoin is very simple, it was too cheap, this is very similar to what happened when bitcoin was close to 20000 dollars it was impossible to maintain such an expensive price, so when people saw that the price was 6000 dollars they could not let go the opportunity to buy bitcoin for those prices.

[Baofeng]

The main reason for the growth of bitcoin is very simple, it was too cheap, this is very similar to what happened when bitcoin was close to 20000 dollars it was impossible to maintain such an expensive price, so when people saw that the price was 6000 dollars they could not let go the opportunity to buy bitcoin for those prices.

Good analysis. The price around $6K is really a quite good buy for all of us and they say that this is the bottom price that's why it make sense to get and purchase it and not wait for the price to go even further. However, we have reached the top again at around $9500-$9700 depending on what exchanges you look the price. So if everyone is hoping that the price could go as high as $10K, then its put on a temporary hold so we must all wait again.

[Blueblade]

Bitcoin is main part of the cryptocurrency market. There are various other cryptocurrencies which are finding interest among investors. Many experts believe that while most of the countries and authorities concentrate on Bitcoin, the other cryptocurrencies will also flourish.Many investors also believe that the entry of institutional investors will make a significant impact on cryptocurrency prices. Already, quite a few platforms are offering Bitcoin futures trading. While this might bring in more investors to the table but the volatility can also increase.

[worle1bm]

After a lot of struggle the bitcoin prices have managed to recover once again increasing the faith of investors in it and as bull run continues the huge investments were made few days back boosting the market cap of bitcoin and leading to price surge. The reason one which you have mentioned could be one of the possible explanations for price boost as yahoo supporting it give faith to its users and governments have also realized that inspite of its warning it can't stop the growth of crypto market. You second reason for relating it with particular religious group seems absurd that any religion don't ask to invest or stop investing in such currencies so i personally don't think this reason valid.There might be some other reasons of which i am not awared.