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Author Topic: What factors make Bitcoin rise again?  (Read 2369 times)
Palodar
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September 22, 2018, 03:55:14 PM
 #241

maybe the factor why the price of bitcoin has an up and down price movement is probably because of the information circulating in some media and for rising prices usually due to good news.
There are maybe investors or group of investors that bought it or will use it as terms of their transaction. Even it seems to be still a high price in bitcoin. Many newbies and investors will still eyed to buy it.

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lionheart78
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September 22, 2018, 04:10:09 PM
 #242

I believe the factors that make Bitcoin rise again is the approval of Bitcoin ETF.  In short the legalization and support of the government.

Once Bitcoin is widely accepted by majority of powerful countries, there is no doubt that the interest of those who are half-hearted will be pointed to Bitcoin.  This is the factor that they are waiting to fully believe in Bitcoin.  Along with that, new waves of stores will be accepting bitcoin and the demand will surely skyrocket that will dramatically increase the price of Bitcoin.

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KorakPawon
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September 22, 2018, 04:11:47 PM
 #243

Investment. the more buyer the more higher the price will be. In contrary, if sellers number are bigger than buyers, the price will goes down I guess.
Tigorss
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September 22, 2018, 10:40:23 PM
 #244

Well, any factors can be the reason of high or low the bitcoin price, but the number of buyers are the main factors that will make the price keep rising
budakjawa
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September 22, 2018, 10:48:51 PM
 #245

which makes a factor of the increase in bitcoin prices may be due to good news and maybe also because of the higher demand that can make prices expensive and experience price increases.

davit putra
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September 23, 2018, 08:24:14 PM
 #246

There are so many factors that can influence the value of bitcoin, such as positive news and also investors who adopt bitcoin, and demand that makes the value of bitcoin increase.

sheenaedago
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September 24, 2018, 12:02:10 AM
 #247

which makes a factor of the increase in bitcoin prices may be due to good news and maybe also because of the higher demand that can make prices expensive and experience price increases.

Not good news will take effect in the real world of crypto mate, but the most important thing about price to rise again was a massive adoption from every people who wanted to buy bitcoin as their asset. We need to wait until such time the development will take over for the price to increase as well.
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September 24, 2018, 05:17:57 AM
 #248

which makes a factor of the increase in bitcoin prices may be due to good news and maybe also because of the higher demand that can make prices expensive and experience price increases.

I'm sure the mindset of bitcoin users today has developed and matured, so they aren't always affected by media coverage. And in my opinion, the increase in the price of bitcoin at that time was caused by the existence of buying action which was large in a number of markets. This thing of course can trigger high demand. In each transaction activity surely there will be two aspects that are interconnected, among others namely demand and supply. Requests and offers will meet each other and will form a meeting point in unit prices.

Mobius
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September 24, 2018, 05:19:34 AM
 #249

An ETF approval and 2020 halving will help the bitcoin price appreciate.
Mr.grin
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September 24, 2018, 06:09:57 AM
 #250

which makes a factor of the increase in bitcoin prices may be due to good news and maybe also because of the higher demand that can make prices expensive and experience price increases.
of course there are many factors to be a reason to make bitcoin prices rise. one of them is a large company that accepts bitcoin, or good news about bitcoin. Small things can also make bitcoin prices rise even though slowly.
Bonsaiav
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September 24, 2018, 10:28:35 AM
 #251

Bitcoin is a very phenomenal currency, so it's no wonder that today many are in the profession as a bitcoin trader. This thing is the main factor the rise and fall of bitcoin prices significantly. Usually, traders will buy large amounts of bitcoin at low prices, then save it for some time and will sell it when prices are high. At the same time, precisely when the process of buying, the price will certainly go up and the price will go back down when the process of selling bitcoin occurs. Plus, users who use bitcoin for other purposes are still few compared to users who use bitcoin only as trading.

setupbounds
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September 25, 2018, 11:30:43 AM
 #252

maybe the factor why the price of bitcoin has an up and down price movement is probably because of the information circulating in some media and for rising prices usually due to good news.
It is not depending upon good news but the real thing is market demand, now the good and bad perception has gone. Now we are just thinking and focusing on investments in order to make our output which will be better if it is Bitcoin.

Just look at the demand graph and notice increase in price after noticing increase in market demand. The price will go up and down with alteration in demand rate.
chainedblocks
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September 26, 2018, 12:17:08 PM
 #253

Bitcoin is a very phenomenal currency, so it's no wonder that today many are in the profession as a bitcoin trader. This thing is the main factor the rise and fall of bitcoin prices significantly. Usually, traders will buy large amounts of bitcoin at low prices, then save it for some time and will sell it when prices are high. At the same time, precisely when the process of buying, the price will certainly go up and the price will go back down when the process of selling bitcoin occurs. Plus, users who use bitcoin for other purposes are still few compared to users who use bitcoin only as trading.
I think that the use of biotin all over the world will be the main factor to raise bitcoin again. When you use your bitcoin wherever is possible more and more people will take interest when they know about digital currency. Finally they will also invest in bitcoin and thus the value of bitcoin will rise in the crypto market. It will take some time but one day it will happen.
samuland5
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September 26, 2018, 12:54:19 PM
 #254

which makes a factor of the increase in bitcoin prices may be due to good news and maybe also because of the higher demand that can make prices expensive and experience price increases.

I'm sure the mindset of bitcoin users today has developed and matured, so they aren't always affected by media coverage. And in my opinion, the increase in the price of bitcoin at that time was caused by the existence of buying action which was large in a number of markets. This thing of course can trigger high demand. In each transaction activity surely there will be two aspects that are interconnected, among others namely demand and supply. Requests and offers will meet each other and will form a meeting point in unit prices.
In my opinion people’s trust, high demand, high investment capital and the general use of bitcoin are the factors that cause growth in bitcoin price. if there is no demand for bitcoin how the price will go up? If people are not interested in bitcoin and they want to invest their money in Altcoin, the bitcoin price will never increase. So it is mandatory that more and more people will to put their money in bitcoin.
Barbarian
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September 27, 2018, 02:13:32 AM
 #255

One factor that is very important and that will make the price of bitcoin higher is that people begin to forget all the money that they lost at the beginning of this year, those memories are still very fresh on the minds of the people and that is why they are very reluctant to invest in the market, but as those memories fade people will be more willing to invest in this market.
Marcelle7
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September 28, 2018, 09:37:19 AM
 #256

maybe the factor why the price of bitcoin has an up and down price movement is probably because of the information circulating in some media and for rising prices usually due to good news.
It is not depending upon good news but the real thing is market demand, now the good and bad perception has gone. Now we are just thinking and focusing on investments in order to make our output which will be better if it is Bitcoin.

Just look at the demand graph and notice increase in price after noticing increase in market demand. The price will go up and down with alteration in demand rate.
Yeah you are right, when more and more people come to know about bitcoin and also know the importance and benefits of bitcoin the will also buy some for their future or for general use as regular currency. By this way the value of bitcoin can be increased. Bitcoin trading could also be a factor of raise of bitcoin. The main thing is the use in local and international markets.
bitcoinMyLife
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September 28, 2018, 11:35:35 AM
 #257

An ETF approval and 2020 halving will help the bitcoin price appreciate.
No, I don’t think so because ETF is a flop idea and most people are not interested to invest their money in ETF. Bitcoin itself is not popular yet in the entire world, how ETF will succeed. I do not understand this thing. People should be motivated to invest in bitcoin instead of ETF, it will be much better than anything else will. High sell of bitcoin will push bitcoin price upwards.
Tigorss
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September 28, 2018, 12:09:41 PM
 #258

More buyers. Bitcoin price goes up.

More sellers. Bitcoin price falls.
actually it's not just that the factor of the rise of bitcoin, many of the causes of bitcoin prices can indeed just go up and down anytime, the question here is the resurgence factor of bitcoin prices is not people, because if we see people keep quiet whatever happens with bitcoin, there some people who prefer prices go down because they can buy bitcoin at a low price, and all the people will be happier where the price of btcoin rises.
Barbarian
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October 09, 2018, 07:08:29 PM
 #259

I believe that factors that may help BTC to rise or gain more income is to people must be patience in waiting for the value to goes high. People must help one another in order for them to gain higher income than they expected. Also, people must be wise so that hackers will not easily get or scam their account.
This is never going to happen, every single person out there is trying to get more money, so they have the very same goals that you have and that money needs come from somewhere, so not everyone in this market is going to earn money, for every person that profits there must be a person that losses money.
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October 09, 2018, 10:23:11 PM
 #260

Bitcoin is an unpredicatable currency with a outmost character which has a volatile movement. You don't know when it rises or when it falls, and during fast demands the possible increase of value depends on how fast it grows due to massive adoption. If people would see the increasing value, they find it interesting that's why it attracts more people to buy bitcoin as their holdings. They thought that this will bring them good fortune in the future.

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