How does Bitcoin raise

[gnasrullah53]

The value of the bitcoin is dependent on the people interest.if people investting their money then the rate of cryptocurrency is increased and all one get profit from this but if they sold out and people loss their interest then the prices are low and the bitcoin business automatically in the loss.

 

[Ehizzy1]

Yeah another perks of that is When they invested it will be on the news so we can join. All we need to do is be always updated on the Cryptocurrency news so we will get the idea when is the perfect time to invest and sell. Ofcourse we need to sell earlier than them

Yeah i think right now there are probably a lot of site you could easily get crypto related news and actually know the next step to take and give you a clue to invest your money

 

[Johnbami]

Bitcoin to rise depend on people who invest on it because as many as possible that invest in Bitcoin will show how it rise one of the most why there is increase in the price of Bitcoin there is an increase in demand and affecting people to give Bitcoin to give Bitcoin

 

[Sake]

Yeah i think right now there are probably a lot of site you could easily get crypto related news and actually know the next step to take and give you a clue to invest your money

And big investors are providing the news directly too because it can give a good impact and impression on their investment

 

[Ehizzy1]

And big investors are providing the news directly too because it can give a good impact and impression on their investment

Yeah they are the whales and holds large amoun t of bitcoin because when the price increased to a higher amount there was massive shift and increase in the price of bitcoin, so the whale use the news to manipulate people to invest

 

[Jumoke12]

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 prices of cryptocurrency are determined by the interplay of demand and supply of the so-called cryptocurrency in the market, that's it

 

[Shigobad2020]

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 rising is a miracle, thou its the first and th best crypto currency out there ,
And I think elon musk buying much bitcoin added to the rise in 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 believe the cryptocurrency bitcoin raises due to the name it has created for itself and the high demand of the digital currency.

 

[Richard92]

Bitcoin became popular when different multinational companies began to invest in the cryptocurrency and drew attraction and people invested there money in it.

 

[Nomad]

bitcoin price is depended on the deman and supply of the currency in the market. If there are a lot of bitcoin in circulation but less buyers, the price begin to fall.

 

[BrolySSJ]

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

This is pretty much how all cryptocurrency works and basically it is dependent on the supply and the demand of any specific cryptocurrency. If the demand is very high the coin will increase in value drastically.

 

[Nomad]

The price of bitcoin is mainly determined by the number of buyers and sellers. If there are too many sellers compared to the buyers, the price drops, and vice versa

 

[Bookwormlux]

A basic knowledge of supply and demand would explain this. When less people have Bitcoin in their portfolio, it becomes scarce and then its price would shoot up.

 

[Nomad]

You need to understand just one simple thing. The price of crypto currency is not the actual price just lik fiat currency, it is an assumed price by the users. If a coin is $1 it is $1 because the people believe it is $1.

 

[tyrim88]

The price of bitcoin is determine by the needs for market value for the purchsing of services and commerce,when this happened the need for the crypto will rise thereby pushing up the price.And also the force of demand and supply is another factor that can make the price to go up.

 

[Chibson]

There are so many things that rises the prices of crypto-currencies. Partnership sometimes brings about increase in price, big purchase also.

 

[Setfragil]

It is very simple economics. When a good is in high demands by the people, it tends to increase in it market price. That is the same thing that happens to bitcoin which has a higher demands thereby increasing it price.

 

[Emmado]

The more people will invest in bitcoins the better ,it is the investment by a lot of people that is behind the rising and falling of bitcoins ,when people invest less or they withdraw their fund the price will reduce.

 

[ahmedo24]

The more people will invest in bitcoins the better ,it is the investment by a lot of people that is behind the rising and falling of bitcoins ,when people invest less or they withdraw their fund the price will reduce.

Sure , so at the moment for the coin to rise as fast as possible huge investment and favourable news updates needed to be shared for such to take place.

 

[eLdavis]

There are so many factors that affect the rise of value in bitcoin. I think one major one is the demand and supply system. when there are alot of demand for bitcoin by investors to hold, the value starts going up. Once they start Selling off the coins they where holding before, the price goes down.