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Author Topic: why is the value of bitcoin high last night.  (Read 394 times)
pogicute1234 (OP)
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July 18, 2018, 07:55:29 AM
 #1

before I sleep I noticed increased the bitcoin value to some some tokens I do not know why. !!
What do you mean by increasing market value?
robertcross07
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July 20, 2018, 11:46:39 PM
 #2

Price fluctuates for the gap of demand and supply. When supply is higher than demand, market becomes bearish anf when supply is lower, price becomes higher.
LickKing
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July 21, 2018, 06:54:18 AM
 #3

Quite simply, the World Cup is over and some capital has entered the cryptocurrency. At the beginning of the World Cup, I said that the cryptocurrency will fall, but no one believes me.

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July 21, 2018, 07:00:05 AM
 #4

Quite simply, the World Cup is over and some capital has entered the cryptocurrency. At the beginning of the World Cup, I said that the cryptocurrency will fall, but no one believes me.
May be you are right, But still market is maintain a same growth and All the cryptocurrencies are red in the market. so many of them said it not a impact of World cup and finals is July 15 only but this will raise two days later so secret news are hide in the market. This year we should expect good hype in crypto because sudden this was move to big jump so again all are believe the crypto investment.

 
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karashika0577
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July 21, 2018, 07:10:05 AM
 #5

Yes, my experience also says this. Prices fluctuate for demand and supply gap. When supply is higher than demand, then when the supply is low, the market becomes a cause for recession, the price becomes high. There may be other reasons.

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arpon11
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July 21, 2018, 07:17:52 AM
 #6

before I sleep I noticed increased the bitcoin value to some some tokens I do not know why. !!
What do you mean by increasing market value?
I have not seeing a very serious breakout yet and the bitcoin's price has been in the states of ranging market. The movement three days ago was due to the fluctuations in price and the traders that were concentrate on World Cup are back and some of them are open new position.
maxwellfreeman
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July 21, 2018, 07:43:39 AM
 #7

Impossible to say. Fear, greed, this, that. So many different factors that you can't say.

Even the pros can's say!

"Give a monkey enough darts an they'll beat the market"
https://www.forbes.com/sites/rickferri/2012/12/20/any-monkey-can-beat-the-market/#1a29ff7e630a

Plus, the value has been high for quite some time! It cost less than a cent, less than a decade ago.
klavuhn
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July 21, 2018, 07:51:58 AM
 #8

I also curious with you, usually when BTC price rise, Alt will rise too. But it's different. They didn't follow BTC again. Idk what happen, it's because World Cup or not but I hope that BTC will continue grow like this same like Alt too.
Anniee123
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July 21, 2018, 07:55:23 AM
 #9

Now bitcoin is trying to make a fake breakthrough.
However, the capital amount of the whole market has been seriously insufficient, so I think it will still be a downward trend, so there will not be any change due to the short-term price increase.

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TungayETH
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July 21, 2018, 08:33:22 AM
 #10

Like predicted, the market will recover from the dip. The slight increase in price was a sign of that. Although it was low, but market will recover, sadly, at a slow rate. There is no need to fret, such fluctuations are normal.
bungutko
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July 21, 2018, 08:48:50 AM
 #11

Basically, if demand in btc is higher then definitely there will be an increase in market price value. Just happen to notice something in the current market right now wherein most of the alts were a bit down while btc is on green market. This has been my first time to notice such market scenario where altcoins is supposed to increase for every btc up trend movement.
Shative
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July 21, 2018, 09:17:15 AM
 #12

The market demand is growing each day for Bitcoin as people understand the benefit of return from it. It has risen more than 30% to what it was about a few months back, so still on an upscale is somewhat predicted from before.
Vengeance007
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July 21, 2018, 11:13:46 AM
 #13

Price of Bitcoin is really rising since its inception, it's nothing new. But there are some factors for which bitcoin's price is rising which include decentralized technology, digital currency, deflationary in nature , use of smart contracts and blockchain technology. Finally, you shall remember one thing that the price of bitcoin is also volatile. So the price may also decrease sometimes but not worthy of loss, I believe.
slitil
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July 21, 2018, 11:48:54 AM
 #14

The price was high because the value has increased and by increased market value it means that there's not enough supply to meet the markets' demand hence the price hike.
SlashEject
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July 21, 2018, 12:28:39 PM
 #15

Bitcoin is the virtual currency and these are the liquidity assets. Price may increase or decrease at any time. Yesterday, maybe something like that happened. Moreover, its demand can be increased at any time and with the increasing demand, the price of Bitcoin will also.
Derizia99
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July 21, 2018, 12:34:03 PM
 #16

before I sleep I noticed increased the bitcoin value to some some tokens I do not know why. !!
What do you mean by increasing market value?

which makes a high bitcoin value is, a lot of good news about bitcoin in the past day, hence the bitcoin price goes up, for that we have to keep hold bitcoin
Candepoccus85
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July 21, 2018, 01:27:40 PM
 #17

From my point of view bitcoin price is always fluctuated. Its price is not stable. Investor make profit because its price always ups and down. Because of this reason the price of bitcoin rais last night.
TreXzar
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July 21, 2018, 01:29:49 PM
 #18

Probably to do with the conclusion of the world cup that people wanted to continue gambling perhaps. THere wasn't any good news yet so it was probably nothing more than randomness. On the other hand, theres an ETF decision coming up in early August which may have a bull run starting up soon.

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BTCHadzija
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July 21, 2018, 01:31:46 PM
 #19

Price fluctuates for the gap of demand and supply. When supply is higher than demand, market becomes bearish anf when supply is lower, price becomes higher.

this is the answer you're looking for, forget all the talks about world cups, chinese new year, christmas or whatever when trying to understand price action. 
mairespleet
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July 21, 2018, 01:34:14 PM
 #20

bitcoin value is overall in a improving mood, the growth is quite satisfying but as we all know this place is unpredictable, situation does not take much time to switch so instead of asking anyone opinion I think if anyone is interested in investing he should keep the recent updates on his own it will be more hlepful
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