How does Bitcoin raise

[Christopher]

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

 

[Ralphjoe]

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.

 

[Caali]

Bitcoin raise due to many people invest there..but we know that bitcoin is volatile so if you want to take a risk then invest bitcoin...,no one can predict for the price of bitcoin all you need to do is patience

 

[Sunnytee]

What a brilliant question you see this Bitcoin of a thing that we are talking about seems to look very funny and surprised because as at Aug 2020 Bitcoin then was around 3 million plus and suddenly it just skyrocket and funny enough late December Bitcoin was 20milloin just in a tweekling of an eye
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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.

You don't even get the logic of crypto currency at all

 

[tublack]

Truth be told - no one knows! If you'd like to go into bitcoin though, you should make sure that you're doing as much research as possible! Depending on the market at the time you're reading this, it might be the perfect moment to purchase Bitcoin - or the worst time, too!

 

[Lagazine]

Yeah. Bitcoin do rise. The rise and fall in price of every cryptocurrency depends on the investment of all investors on the platform. If the investor and crypto traders increase, then the crypto price will surely increase, but if their is low rate of investment on any crypto coin, the interest rate will affect the rise in the coin.

 

[kayode10]

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

You are quite right to some extent but that's not the major determinants factor in the price movements. The price of Bitcoin rises when there is a lot of demand for the cryptocurrency and the supply is short, this makes the value of the bitcoin to rise likewise with the price too and vice versa. In a nutshell, bitcoin is subjected to the law of demand and supply.

 

[Kamon c4]

The demand and supply dynamics controls the trend of bitcoin values. The higher the demand for cryptocurrency the higher the value of the cryptocurrency. Also the lower the demand the lower the value. Another factor that determines the rise and fall of bitcoin is bitcoin halving.

 

[Blessedsam60]

Are you trying to say how bitcoin rise? Or the origin of bitcoin(raise)?
Fine! Bitcoin rising in value is determined the crytocurrency market and the global economic positioning. Bitcoin and other alt coin investors pumping huge amount of money into it us a factor to be considered too.

 

[ahmedo24]

Are you trying to say how bitcoin rise? Or the origin of bitcoin(raise)?
Fine! Bitcoin rising in value is determined the crytocurrency market and the global economic positioning. Bitcoin and other alt coin investors pumping huge amount of money into it us a factor to be considered too.

Obviously from his post he meant rise instead of raise. The best way to know how bitcoin rise is for him to just sign in one of the exchange platform like Binance, kukcoin, coinbase etc and see how forces of demand and supply fluctuates bitcoin price .

 

[Profwriter]

Demands places value on products and which in turn causes an increase in prices. I heard a story about someone who used prices to control the number of clients he wants in his establishment, the demand for his services was so high and that brought much value and increased price for it.

 

[Erik4150]

The fluctuations in bitcoin price works the same way as any other commodity in the market. According to experts, bitcoin price often falls when a lot of people are holding their bitcoin and it is not circulating as fast as possible. When the opposite happens, bitcoin price start rising.

 

[Tinaconcept]

Cryptocurrency is just like normal market where you buy and sell and the law of demand also applies to it. Whenever the demand gets high and same when supply or rather when those holding the bitcoin sells in large quantity bitcoin also drops too

 

[Aaliyan]

Each Bitcoin is basically a computer file which is stored in a 'digital wallet' app on a smartphone or computer. People can send Bitcoins (or part of one) to your digital wallet, and you can send Bitcoins to other people. ... You can sell things and let people pay you with Bitcoins.

 

[Dowenship]

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

The Rise in bitcoin is mostly caused by human factor which is manipulated day in day oh to suit there wish to gain more profit...

Quote of the day:
Never give up, because the breakthrough is near. Keep pushing till you win

 

[Olubayo12]

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

One of the greatest reasons why there is an increase in the price of bitcoin is that there is an increase in demand and attention people give to bitcoin and when this happens without a proportional increase in supply of bitcoin automatically, the price will increase.

 

[Bilal0087]

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

Price of Bitcoin depend on several factors but mostly the factor that affect its price is the number of people who are trading with Bitcoin.
When big investors increase the buying pressure then ultimately its price goes up with it's enhanced usage.

 

[tuna89]

There are various factors that cause The Rise and Fall of cryptocurrencies and one of those major factors is the trade volume, the more people engage and trade with the coin or the more people make use of the coin for transactions, then there's going to be a rise in the value of such crypto and vice versa ,an example is Elon Musk announcing the use of one of the Cryptos recently

 

[iori23]

because when it comes to bitcoin, if demand is low, bitcoin is cheap, when demand is high, bitcoin is expensive when there is no stock of bitcoin in the market.

 

[Afrinish]

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.