Ok. Number of Bitcoin transaction increased double. Expect price increasing?

Transactions means adaptability , now if the market demand is increasing then one should understand that more and more people are getting into this system , now this won't increase the price drastically but with time this price will increase slowly and this growth will be slow and steady .
This is the kind of growth that will actually last .
Therefore I personally think that we can actually expect the price to increase ofc .

I wouldn't expect to see an increase right away, but I believe its effect will be felt in the long run.
Increase of transactions simply means increase of users, and that is called "adoption", which everyone is expecting for bitcoin in the long run.

I would say we are at the right patch now, so please be patient.

Increase in transactions doesn't necessarily mean that there had been a mass adoption. Price increase shouldn't be expected just yet, we have to ensure first of all that most, if not all of the transaction carried out were people cashing in, not cashing out. And aside from that this increase in transaction could be caused by the upcoming halving, which if it's the case then we might need to expect a dump after a month or two following the halving.

Nope, for me increasing the transaction means the cryptocurrency, especially the bitcoin, is getting a lot of new users, and that would apply the basic supply and demand law. If the demand goes higher and we all know that the bitcoin has a limited supply only, it can cause a pump or even a bull run. Bitcoin might get the new all-time high after the pump if the users are continuously increasing 100k USD will not be impossible achieving. Just let's wait after the halving on what is going to happen.

Well yes the law of supply and demand can be present but it won't happen easily or instantly, price increased isn't easily attained just because the transactions doubled and also the doubled transaction doesn't directly mean that there are new users of crypto, it can mean that currenct users transact more than they do but the adoption is still open so let us all hope for the mass adoption of bitcoin that will give us a stable growth for cryptocurrency.

Quote from: Yatsan on January 26, 2020, 03:46:18 PM

Quote from: Twentyonepaylots on January 26, 2020, 03:19:26 PM

Quote from: Vaculin on January 20, 2020, 09:24:11 AM

It is depend because if the a lot of holders do sell their token even there are a lot of demand then the price value must still the same. What I mean if the price value must stuck on the value that they want to sell then thats the value must go on. It would increase when we actually increase our selling price and do hold until buyers doesn't have any choice to buy even the price rise.

It is true that with increased bitcoin transactions this indicates that many people who have started to actively buy bitcoin can make
bitcoin prices increase. But to make it clearer, deeper analysis needs to be done, not to increase bitcoin transactions but the number
of people selling bitcoin is more than buying bitcoin, if like that can make the price of bitcoin decrease. And for Bispex (BPX) token
according to me the performance is quite good, can be hold for long-term if you want to feel a good profit. And for exchanges it can
be available at coineal, with USDT pairing.

Quote from: Shasha80 on January 27, 2020, 04:48:59 AM

Increase in transaction does not automatically mean a lot of people are buying Bitcoin. It could only mean a lot of people are using Bitcoin in paying for what they buy. In this case, it does not really mean an increase in price but increase in adoption.