How does Bitcoin raise

[Princeeffiong]

Bitcoin will raise when the price of Bitcoin is selling well in the market. The rising of Bitcoin is determined by the volume of Bitcoin that is traded in the market either favorable or not favorable sell.

 

[maventiger]

The price of Bitcoin is being controlled through the forces of demand and supply. When more investors are investing into Bitcoin, the price of the Cryptocurrency will be increasing but when these same investors are selling off their Bitcoin, then the price of the cryptocurrency will reduce in price.

@Ralphjoe you're very correct. The crypto world is controlled by an invisible hand or price mechanism which gives the autonomous power to control what happens in the market. Some countries still adopt the system while the government regulate.

 

[Nurudeen]

Bitcoin rise is as a result of the demand and supply In the business. Just like any other business, the more people coming to buy your business and services the more money you will be making as the Business owner, so that same thing apply to Bitcoin or any other crypto currency exchange Business

 

[Abisola]

Search Faster, Better & Smarter Here! Find How To Invest In Bitcoin. Information 24/7. The Complete Overview. Wiki, News & More.

 

[Bkoks]

Bitcoin do rise and fall. I believe it is due to the investors and crypto currency traders. If there is increase in numbers of those that invest with high investment, and traders are busy trading and all, I believe the currency will rise .I'd people withdraw and loose I believe the currency will drop .

 

[Abisola]

Every 210,000 blocks that are mined, or about every four years, the reward given to miners for processing Bitcoin transactions is reduced in half. In other words, built into Bitcoin is a synthetic form of inflation because a reward of Bitcoin given to a miner adds new Bitcoin into circulation

 

[Josemendez]

Bitcoin as a cryptocurrency follow the number system of demand and supply . When the demand for Bitcoin outnumbers the supply of Bitcoin , the price is bound to rise . This is one the cause of rise in price of Bitcoin.
Another factor is the effect of Whales . Whales can change market with their actions

 

[Joseph555]

Honestly speaking I don't know how this thing go about with it you wake up today and hear that the price of Bitcoin has gone up
And you wake up tomorrow and see that the price of Bitcoin has gone down so to be very frank with you I don't know how this thing works but the things are so much you are magical

Bitcoin will raise when the price of Bitcoin is selling well in the market. The rising of Bitcoin is determined by the volume of Bitcoin that is traded in the market either favorable or not favorable sell.

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Honestly speaking I don't know how this thing go about with it you wake up today and hear that the price of Bitcoin has gone up
And you wake up tomorrow and see that the price of Bitcoin has gone down so to be very frank with you I don't know how this thing works but the things are so much you are magical

Bitcoin will raise when the price of Bitcoin is selling well in the market. The rising of Bitcoin is determined by the volume of Bitcoin that is traded in the market either favorable or not favorable sell.

 

[chicnthin]

Think of it as a normal commodity that applies in the law of supply and demand. When a lot of investors buys bitcoin, it would mean that there's a lot of demand and that would result to a increase in price.

 

[Yaqoob Habib]

The price of a bitcoin is tied purely to the laws of supply and demand. In other words, the price is determined only by what the market contributors are willing to pay. If more people want to buy bitcoins, then the price will increase. If more people want to sell, the price will decrease.

Built into Bitcoin is a synthetic from of inflation because a reward of bitcoin given to a miner adds new bitcoin into circulation.in this way the bitcoin also rises.

 

[Hammad1245]

Well as the Bitcoin I know raises may be because of the higher rate people invest on it and the way they put trust on it

Bitcoin will raise when the price of Bitcoin is selling well in the market. The rising of Bitcoin is determined by the volume of Bitcoin that is traded in the market either favorable or not favorable sell.

It is raised when more people want to buy bitcoin. The value of bitcoin falls when more people withdraw their bitcoins. Thus it depends upon the magnitude of the amount that is being invested into bitcoin market.

 

[Prettybabe]

From all the comments I have read so far, everyone agrees that Bitcoin increases as a result of the law of demand and supply. So it means the day everyone decides to not want Bitcoin anymore... The price will fall drastically.

Now is that the only reason for the hike in price of Bitcoin?

 

[Hasan Raza]

Better believe it. Bitcoin do rise. The ascent and fall in cost of each digital money relies upon the venture of all financial backers on the stage. On the off chance that the financial backer and crypto brokers increment, at that point the crypto cost will without a doubt increment, however on the off chance that their is low pace of venture on any crypto coin, the loan fee will influence the ascent in the coin.

 

[Rimsha kanwal]

Congress is currently in talks to pass another stimulus bill of nearly $1 trillion, aimed to help those suffering from the coronavirus. Should this new stimulus bill be passed it would mean that since the onset of coronavirus, around 50% of the world's total supply of US dollars will have been printed in 2020.

 

[Yasmin]

Congress is currently in talks to pass another stimulus bill of nearly $1 trillion, aimed to help those suffering from the coronavirus. Should this new stimulus bill be passed it would mean that since the onset of coronavirus, around 50% of the world's total supply of US dollars will have been printed in 2020.

 

[Sheun450]

How Bitcoin raise is very straight forward I raise when there is higher demand of the coin in market. The more people keep buying the more it keeps rising in the amount because I depends on supply and demand in Market

 

[Axad. Mrb]

While there are certainly people suffering from a lack of jobs and businesses shutting down, the increase in money supply has significant long-term implications for the purchasing power of the dollar.

 

[Klismannm12]

Over time people who are experts in economics expert in investment have come out to explain to us that the rise and fall in Bitcoin is caused by the actions of the market that is to say it is caused by the action of demand and supply when there is much demand the price thanks to soa and if the number of persons selling at waste the number of persons buying then the price will drop so it is been affected by the demands of the market
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Over time people who are experts in economics expert in investment have come out to explain to us that the rise and fall in Bitcoin is caused by the actions of the market that is to say it is caused by the action of demand and supply when there is much demand the price thanks to soa and if the number of persons selling at waste the number of persons buying then the price will drop so it is been affected by the demands of the market

 

[Abisola]

Every 210,000 blocks that are mined, or about every four years, the reward given to miners for processing Bitcoin transactions is reduced in half. In other words, built into Bitcoin is a synthetic form of inflation because a reward of Bitcoin given to a miner adds new Bitcoin into circulation

 

[Olahab]

Every 210,000 blocks that are mined, or about every four years, the reward given to miners for processing Bitcoin transactions is reduced in half. In other words, built into Bitcoin is a synthetic form of inflation because a reward of Bitcoin given to a miner adds new Bitcoin into circulation