How does Bitcoin raise

[KvngMurphy]

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

Yes you are absolutely right. The price of Bitcoin is being controlled by the amount of investment done in it over time. The more funds are traded in Bitcoin the more it's value and rate increases. The market is large and any investment done through it will cause a great rise. I enjoy trading in Bitcoin alot

 

[Ehizzy1]

I think actually the price of bitcoin increase and decrease due to the forces of demands and supply i think ,so its best for you to pick a point and depart if it would deny high demands or not since the price flunctuates rapidly i think

 

[Trojan8]

The movement of bitcoin price is determined by a lot of factors. The most important factor is the forces of demand and supply and its interaction. Also important news from prominent individuals like Elon Musk for example has the potential of causing massive surge in the market. Bitcoin behaves like every competitive market out there that is decentralized, it participants determine what happens in the market.

 

[Kelvin7656]

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.

 

[WhiteHouse]

HODLING
Most bitcoin whales hold or channel an enormous bit of their bitcoin to private speculation funds(This has a similar effect as long haul stockpiling of bitcoin.) This adds to the apparent shortage of bitcoin, viably keeps bitcoins unavailable for general use, and prompts cost appreciation as expanding interest for a restricted inventory of bitcoin raises costs per unit.

 

[Ridorz]

I didn't not understand it before, I was used wondering how the Bitcoin get raising and dropping at anytime. But when I asked people that know than me and they told me that the more people are investing on Bitcoin by buying it is the more it will getting high but when they are withdrawing by selling it is the more it will be falling down.

 

[Blue house]

Most bitcoin whales hold or channel an enormous segment of their bitcoin to private venture funds(This has a similar effect as long haul stockpiling of bitcoin.) This adds to the apparent shortage of bitcoin, successfully keeps bitcoins unavailable for general use, and prompts cost appreciation as expanding interest for a restricted inventory of bitcoin raises costs per unit.

 

[Victor001]

Till today I cannot phantom the principle behind the rise and fall of bitcoin.my knowledge is sticker at buying at low price and selling at higher price. I hope to get a clearer picture of the force of crypto market.

 

[Planet408]

There could be many factors that influences the rise and fall of bitcoin but one of which I know is the demand rate. The higher the demand of bitcoin, the higher the exchange rate. That's the very one I can possibly tell of at this time.

 

[Sake]

When there's a lot of demand than the supply. When famous people are promoting the Bitcoin and encouraging people to invest. Wehn millionaires/Billionaires or a wealthy company decides to put a lot of money in it. When people Hodl and didn't sell even if the orice is already sky rocketing.

 

[Jomarie05]

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.

 

[Muradkhan]

when government authorities seize substantial amounts of Bitcoin from illegal operations, they auction these Bitcoins to the public. Since authorities aren't in the business of maximizing trade profits, large amounts of Bitcoin are sold below the market price. This, in turn, causes Bitcoin's price to fall.

 

[Sanusi]

Yes Bitcoin do rise in my own point of view because before a bitcoin can soar up in terms of price, ut means that the investors are buying from the market but if it does not rise it also means that investors are selling, so their price inflates the market.

 

[Onachukwu]

Recent studies reveal that public pension benefits have positive effects on local and state economies. In 2019, state and local government retirement systems in the U.S. distributed $155 billion more in benefits than they received in taxpayer-funded contributions. Personal income from state and local government pensions exceeds the personal income derived from the nation's farming, fishing, logging, and hotel/lodging industries combined. The expenditure of public pension benefits results in an economic impact that reaches every city and town of every state.

 

[Aniwhyte]

The price of bitcoin rises due to people investing on it, if a lot of investors are pumping money into and investing on it massively then it would surely rise but if they are actually selling off their bit coins due to one reason or another then the price of bitcoin is more likely to decrease. In conclusion the price of bitcoin rises due to demand and supply.

 

[Khezo]

The rise and Fall of Bitcoin depends on the world economy so definitely Bitcoin will be monitored to everything going on in the world and policies dropped down by government in different country and affairs by The united nation
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The rise and Fall of Bitcoin depends on the world economy so definitely Bitcoin will be monitored to everything going on in the world and policies dropped down by government in different country and affairs by The united nation

 

[Damscooguns73]

Concerning how bitcoin rise. Well, we all know initially that the cryptocurrency world is a volatile one which rising and falling occurs periodically, well I cant say for sure the factor behind but I think the level the of demand and supply is a factor or a determinant to the variation in bitcoin price

 

[Cybersec]

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

 

[Sheyemanu]

Yeah. Bitcoin do rise. The rise and fall in price of every cryptocurrency depends on the supply and demand of the coin. 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. All prices are driven by the law of supply and demand

 

[ossai]

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 raises base on 3 things, 1) getting smart business men like influenced people to talk about it, 2) the increase of people who invest in it. 3) and when the trading of the coins is high, like the demand of the coin , for business transactions.