How does Bitcoin raise

[westmania]

I think some rumors Ellon Musk created and also other than this effect natirally halvening time and huge investment on bitcoin pushed price highest ever position and it should go beyond 100k easily this year with any coin study this is quite possible.

 

[Nicklas22]

I don't know much about how Bitcoin rises but I think it's because of inflation and deflation
And I also think as business men and companies are adopting it as a means of payment, that's why the price is rising so that they won't end up losing if the price drops

 

[Saraali]

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 i am satisfied with you as people invest on the other hand they star mining from different platform which make it very costly i am also star mining of different coins and invest into it.

 

[Cee C Chriss]

There’re lots of good cryptocurrency exchange platform. Though each offers different types of services and their policies may seem different but they’ve all proven to be safe and secure. Most times I advise newbies to use coinbase cause they’ve easy policies and its transaction fee is low. Moreover coinbase has been in existencefor some years now and it’s a safe platform

 

[Talibhussain074]

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 price of bitcoin is increasing and it is trying to control when more investors invest their investment in bitcoin, the price of cryptocurrency increases and the price of bitcoin increases. And when investors try to sell their bitcoin off. So the prices of cryptocurrency goes down. And if you want to take the risk, invest bitcoin.

 

[Asad Ali]

There are various factors which are responsible for the rise and fall of cryptocurrencies and one of those key factors is the amount of trade, the more people interact with and trade with the coin or the more people use the coins for transactions, and then the value of this crypto will be increased.

 

[Anas Chaudhary]

Whether you use your favorite stock-to-flow model, apply the growth of previous cycles or do some napkin math, it looks like the bitcoin will increase to more than 100,000 in 2021.

 

[Adetayo100]

Bitcion prices are raised or determined or Bitcoin's price is defined by the last trade conducted on a specific exchange. Price goes up when buying pressure increases, and goes down when selling pressure increases.

 

[Eodine]

We can say that Bitcoin is the crypto currency with a very high volatility as the price keep fluctuating which may be due to market demands, forces of sand and supply, bullish investors etc.

 

[GoldenLady]

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 .

Thats right. It is simply the laws of demand and supply that mostly dictate he price of bitcoin and other cryptocurrencies.

Another thing that we may consider is the scarcity of Bitcoin that can be mined. Everyone is trying to get a share of the limited pie available now.

 

[Muhammad Irfan **]

Bitcoin is online currency it is use on the net who was Paypal earning online the Bitcoin used as digital currency many hackers used this currency because there are no mention name address contents it is a very highly and in shortly time

 

[Luckboy]

Bitcoin’s price increase can also be attributed to its stock-to-flow ratio and deflation . Should Bitcoin continue on this trajectory as it has in the past, investors are looking at significant upside in both the near and long-term future. Theoretically, this price could rise to at least $100,000 sometime in 2021 based on the stock-to-flow model shown above.

 

[BTCBEE]

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 right in a way but you should understand it in another way as big investor are rasing bitcoin value up so normal user can invest more and more and they will take huge profit after sell it on higher price they bought it

 

[Shigobad2020]

Bitcoin is still rising due to the high demand of crypto currency, and bitcoin still remain the finest and best crypto currency because its the first ever coin that was invented, i just mined my bitcoin by lipeaving it in my luno wallet to increase as the demand also get higher.

 

[ahmedo24]

Bitcoin is still rising due to the high demand of crypto currency, and bitcoin still remain the finest and best crypto currency because its the first ever coin that was invented, i just mined my bitcoin by lipeaving it in my luno wallet to increase as the demand also get higher.

You are not mining bitcoin by leaving in your luno wallet rather you are holding the coin till it rise to your expectations which is not a bad idea , people mining bitcoin make use of mining tools.

 

[FreshKaz11]

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

I think it rises because of the way patronize it buy using it for most all of their business now ,like most people use it as a means of payment online by buying goods or product and they pay with it. So they make it rise so much people won't be able to afford it or it is not much in the market again so the little one in the market they make the price high,but still yet people that could afford and need it urgently would still purchase it.

 

[Yaqoob Habib]

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

Institutional Adoption as both an Investment and as Service they can provide shows strong confidence in the future of bitcoin crypto currency.

 

[Eodine]

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!

If no one knows, then people would have wanted to find out and create criticism, there would not be forecast or prediction of crypto currency since no one would know how it would rise but I think there are some factors that contribute to the rise and fall of Bitcoin.

 

[Abbeyola]

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

I think bitcoin raises due to it demands, the more people buy and demand for the crypto currency, the higher the price of it. The forces of demand and supply determine the price of a commodity or product as well as services.

 

[GoldenLady]

with huge investments from different big investors (also known as Whales)

That's true. Whenever whales make waves in the cryptocurrency market by buying huge amounts of bitcoin off the market, the amount available decreases, which pushes the price of bitcoin higher and higher.