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Author Topic: Why Is Bitcoin Rising?  (Read 703 times)

Moonlight

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  • Why Is Bitcoin Rising?
    « on: May 20, 2019, 01:13:31 AM »
    After the crypto winter of 2018, it seemed that Bitcoin’s day in the sun had ended. Yet, against all odds, the cryptocurrency has more than doubled so far in 2019. At the time of writing, the price is hovering just below $8,000. This extraordinary growth has prompted some investors to ask the simple question: ‘Why is Bitcoin rising?’

    more complete: https://beincrypto.com/bitcoin-rising-3-reasons-spring-2019/

    What do you think? Why is Bitcoin rising? Do you think BTC has just begun to increase due to the factors above, or will this current increase simply be another bubble?
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    OliverPitts

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    Re: Why Is Bitcoin Rising?
    « Reply #1 on: May 20, 2019, 01:19:09 PM »
    I think this can all be done artificially. This is the same as with any other currency in the world.

    Mpxs

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    Re: Why Is Bitcoin Rising?
    « Reply #2 on: May 20, 2019, 01:26:12 PM »
    I myself also believe, bitcoin will also increase, because more and more use of bitcoin, so I think bitcoin will also increase, because bitcoin is also the same as currency.

    Jabatan

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    Re: Why Is Bitcoin Rising?
    « Reply #3 on: May 21, 2019, 07:30:57 AM »
    We perceive bull. And when btc rises, altcoins follows suit.

    shielaegis

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    Re: Why Is Bitcoin Rising?
    « Reply #4 on: May 21, 2019, 10:42:38 AM »
    There are many things to consider rather than the reasons above, this is a mystery yet to be discovered or there are a group of whales playing the market

    Obiwankenodium

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    Re: Why Is Bitcoin Rising?
    « Reply #5 on: May 21, 2019, 10:50:26 AM »
    We perceive bull. And when btc rises, altcoins follows suit.
    in afraid altcoins have received quite the beating while Bitcoin was rising. Best to Stay in Bitcoin and buy altcoins again when the Bitcoin price starts to stabilize and stays in a range again.
             
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    Synvc

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    Re: Why Is Bitcoin Rising?
    « Reply #6 on: May 21, 2019, 03:19:33 PM »
    I myself also believe, bitcoin will also increase, because more and more use of bitcoin, so I think bitcoin will also increase, because bitcoin is also the same as currency.

    bitcoin is just a digital currency that is trusted by its community, and if you match it with your fiat currency it is wrong. it's just that the features used by bitcoin are indeed for payment tools but that doesn't mean he can be comparable to real fiat money

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    emililadjet

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    Re: Why Is Bitcoin Rising?
    « Reply #7 on: May 21, 2019, 11:59:04 PM »
    for short-term investors may be devastated when they see bitcoin prices go down for a while, but for long-term investors it may be that their ordinary bitcoin price drops are normal, as they see the rising bitcoin price to gain a long-term profit.
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    Re: Why Is Bitcoin Rising?
    « Reply #8 on: May 22, 2019, 03:23:39 PM »
    for short-term investors may be devastated when they see bitcoin prices go down for a while, but for long-term investors it may be that their ordinary bitcoin price drops are normal, as they see the rising bitcoin price to gain a long-term profit.

    Yes that's right, just think of it as someone who has just jumped into the world of cryptocurrency and someone who has long known cryptocurrency

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    Delgboke

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    Re: Why Is Bitcoin Rising?
    « Reply #9 on: May 22, 2019, 11:36:48 PM »
    I don't think there's much reason's why bitcoin price is rising apart from Bitcoin been traded with high demand these could be the main reason bitcoin price is rising
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    Ghanda

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    Re: Why Is Bitcoin Rising?
    « Reply #10 on: May 24, 2019, 03:33:04 AM »
    The increase in bitcoin prices is the hope of all of us, because if the price of a bitcoin rises it will definitely be followed by the size of the altcoin or other coins. And why? because criptocurrency is because of the birth of bitcoin

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    Re: Why Is Bitcoin Rising?
    « Reply #11 on: May 24, 2019, 01:17:38 PM »
    I think there will also be an increase in the price of bitcoin, because now more and more are using bitcoin to do their trading, so the price of bitcoin will also increase

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    Re: Why Is Bitcoin Rising?
    « Reply #12 on: May 26, 2019, 12:07:09 PM »
    To be frankly honest I actually dont know the reason behind the rise of value but however if this affect the whole altcoin market in the positive why i mean why not, altcoins like ripple, ETH and veil will definitely have a positive benefit from this at the end of the day if they keep on striving.

    Delgboke

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    Re: Why Is Bitcoin Rising?
    « Reply #13 on: May 27, 2019, 04:31:18 PM »
    Of a truth the current price of bitcoin has draw many attention and concern why is bitcoin risen at such a time like this, after a long time of price decreasing because of the treat from the Authorities that wanted to stop Bitcoin but unfortunately now Bitcoin price is increasing and people are asking why, maybe bitcoin has choose to rise not minding the fight against his existence as digital currency.
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    Nobt-plataform

    Oluwatimi

    • Newbie
    • Posts: 3
    • Karma: +0/-0
      • View Profile
    Re: Why Is Bitcoin Rising?
    « Reply #14 on: May 30, 2019, 09:54:07 PM »
    Yes, I believe Bitcoin and Altcoins are gradually leaving the bearish season and bullrun to overtake very soon. I saw bitcoin reach $9k today which show a very huge impact in the market. Now Altcoins will follow the thread and to get huge profit I will advise one should buy veil very early before the price get higher as there are huge profits in this coin.

     

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