julius caesar
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★Bitvest.io★ Play Plinko or Invest!
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July 20, 2018, 02:37:36 PM |
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Bitcoin prices rose sharply today, climbing past $7,000 and rising to their highest since June as strong momentum drove gains. The digital currency's price hit $7,440.25 on the CoinDesk Bitcoin Price Index (BPI), up 11.7% gain from the daily low of $6,663.03. Link: Bitcoin surge: multiple factors contributing to the rally?What factors make Bitcoin rise again? Will it continue to rise? Well I guess it just that it has to be arise again we cant say that Bitcoin will be dead soon if in the past few years it has been in the same state where it fluctuates and depreciates, and given the fact that Bitcoin is getting more publicity and popularity it will be ome of the major factor why Bitcoin is rising again, the more popularity this community will be the more possibilities of getting a proficient investors. |
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somebadger
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July 20, 2018, 06:55:58 PM |
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Take in consideration that when bitcoin goes higher than 5 percent in a single day, a lot of people are going to be buying because they see a bullish signal, while this is not true, this is one of the main factors that are increasing the price.
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Abdul Wasay
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July 20, 2018, 07:25:55 PM |
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Several factors can make bitcoin to rise again even faster than we think ,they main one is when people hold it for long and not just after dumping it at every rumour they hear
I think one of this several factors that may increase the value of bitcoin again is those people who are investing to the bitcoin who buy a large number of bitcoin and this leads to the higher demand of bitcoin, and due to his higher demand of bitcoin the demand also in the market becomes higher too. if people stop thinking that bitcoin is a scam and adopt it highly then bitcoin will surely rise again and even at a more price. so it all depends how people consider it. |
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Ryshelrayne
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July 20, 2018, 07:29:52 PM |
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I think the number 1 factor that will make bitcoin rise again is the approval of ETF by SEC.
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chandra12
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July 20, 2018, 07:35:37 PM |
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We know bitcoin cannot control any bank or other organization. We control Bitcoin. When people buy bitcoin a lot of, then the bitcoin price is increased.In any case, generally is the purchasing and offering of bitcoin that costs go here and there.So bitcoin can reach a good price as soon as possible.
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nick_nick
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July 20, 2018, 07:38:02 PM |
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Bitcoin prices rose sharply today, climbing past $7,000 and rising to their highest since June as strong momentum drove gains. The digital currency's price hit $7,440.25 on the CoinDesk Bitcoin Price Index (BPI), up 11.7% gain from the daily low of $6,663.03. Link: Bitcoin surge: multiple factors contributing to the rally?What factors make Bitcoin rise again? Will it continue to rise? Bitcoin is increasingly gaining more acceptances across the globe for the use in numerous transactions. With that, more usage of bitcoins would result in increase in demand hence more buyers. When supermarkets, stores, companies, businesses and states accept bitcoins for diverse transactions; the increase in demand would automatically force price to rice again |
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ovbokhan
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July 20, 2018, 07:39:56 PM |
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The current price increase may be due to some recent positive news that institutional funding may soon find their way into cryptocurrencies from the Wall Streets
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kamoto
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July 21, 2018, 12:12:48 AM |
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Actually an interesting question. However, I think it all depends on the interest of a very limited number of people. I think that there is a group of people who are able to manipulate the market in their favor. Consequently, the next jump in the price of bitcoin (in my opinion) will happen when this group of people is interested in this. However, when it will be ... difficult to say
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AlanaSherr
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July 21, 2018, 12:14:33 AM |
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What factors make Bitcoin rise again? Will it continue to rise?
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pimkobai
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July 21, 2018, 12:23:37 AM |
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In my opinion, many btc supporters had seen that the market seems to move uptrend and these people with huge capital investment may had purchased more thus in effect to trigger high demand in the market. With this, result of huge amount of btc buying could lead to increase it's price in the crypto market.
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SkyeCrowther
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July 21, 2018, 12:28:05 AM |
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What factors make Bitcoin rise again? Will it continue to rise?
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Winifredinme825
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July 21, 2018, 02:21:17 AM |
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Actually an interesting question. I think there is a group of people who can manipulate the market in their favor. However, when it will ... hard to say
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batang_bitcoin
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July 21, 2018, 02:37:00 AM |
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What factors make Bitcoin rise again?
Normally the demand will make the bitcoin to rise again and how to make the demand higher? by having news that are making the people wants to buy more and feel FOMO through positive news such as adoptions and approvals. What approval? and that is the one of the most awaited on August 10, the ETF approval. Will it continue to rise?
Yes. |
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vonnyaries
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July 21, 2018, 02:43:11 AM |
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many factors that makes bitcoin rise and down, the main factor is the demand of bitcoin, as we know in 2017 the demand of bitcoin is very high and i think that bitcoin price rise up right now is because the demand of bitcoin demand is high until right now
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colmenajose
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July 21, 2018, 02:44:52 AM |
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Undoubtedly, the increase in the price of Bitcoin is mainly due to the growth of demand for the currency, this demand is increased due to factors such as: promotion, security and acceptance of the currency.
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libert19
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July 21, 2018, 02:49:17 AM |
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Halving. It will make Bitcoin ever more scarce which will result in rise. Halving happens around every 4 years, next one is in late 2020.
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ConnorFetherstonhaugh
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July 21, 2018, 03:01:53 AM |
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More buyers. More sellers.
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Roberttran
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July 21, 2018, 03:20:39 AM |
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One of the main reasons for the sudden increase in bitcoin prices is the information CBOE has submitted to the Securities and Exchange Commission (SEC) about its bid for a Bitcoin ETF. and if passed. I think the market will have a long term uptrend
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retampan
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July 21, 2018, 03:22:53 AM |
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More buyers. Bitcoin price goes up.
More sellers. Bitcoin price falls.
Yes, that is the basic thing the trader would ever know and people in here doesn't usually got FUD because there is more sellers than buyers. |
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Fretcy
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July 21, 2018, 03:39:18 AM |
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The bitcoin price rise, the related factors are the number of usage to increased world wide such as it can be useful for investment,transaction media,shopping local and international,service bill payments, and the day trading etc.Above all the bitcoin should attract the confidence of the investors and the general public etc.If any country is effected the financial recession their government currency will be under inflation and such situation people can be used bitcoin or the crypto currency as an alternative .in such condition its price can increase.
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