How does Bitcoin raise

[Tolumi]

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

When there is more demand then the price rises, you will notice this when you check the market capitalization of bitcoin. The more the money in the coin market cap the more the price and vice versa.

 

[Thinker009]

The point here is this , the policies set by various countries can affect the cryptocurrency world because it can make people to sell their coins in order not to incur loss due to the policy.

You are right tho , because I remember when USA was actually stipulating on how to introduce tax on crypto users , but many crypto users sold the coin they have

 

[Josemendez]

This is the major issue with crypto. It is true that cryptocurrency is decentralized but the Decentralized nature seems to be negligible due to countries regulatory attacks.

 

[jeff87]

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.

That is very correct. The price of Bitcoin and alternative coins are being controlled by the law of supply and demand. If more and more investors are buying and there is a few coins circulating then the price will go up. But when more investors will sell Bitcoin or other cryptocurrency and there's a lot of that coin in circulation then the price will go down.

 

[Didosky]

The more people buy and sell. If people buy btc the price goes up and if people sel thenprice goes down. Btc price is notnfix.. members determined how much the should buy or sell

 

[Alexandoy]

The more people buy and sell. If people buy btc the price goes up and if people sel thenprice goes down. Btc price is notnfix.. members determined how much the should buy or sell

You are right. When a whale buys 1 million worth of Bitcoin then the market price will tend to increase because the demand is high. When that same whale would sell back the 1 million worth of Bitcoin then the price goes down. That means the market price depends on the transaction in the market.

 

[Heatman]

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

As far as I'm concerned, it's the confidence in all cryptocurrencies that makes it to rise in worth or fall equally respectively. If investors lose confidence and pull their investments, it's dead.

 

[Setho]

The price of Bitcoin by be determined by a lot of factors but the most dominant one is the ordinary supply and demand for it is what determines whether it goes up or down.

 

[Senator]

The Bitcoin as a cryptocurrency has been around and also on ground for a long time now. And it rises for the simple fact that it's demand for it has been rising as well

 

[Ralphjoe]

That is very correct. The price of Bitcoin and alternative coins are being controlled by the law of supply and demand. If more and more investors are buying and there is a few coins circulating then the price will go up. But when more investors will sell Bitcoin or other cryptocurrency and there's a lot of that coin in circulation then the price will go down.

I am very glad that you have this very wonderful the standing of the movement of the cryptocurrency market and this is the reason why so many people still do not understand why the prices of these cryptocurrencies goes up and they comes down within a very short time. It is my understanding of all these processes that cryptocurrency goes to is what that propelled me into starting a cryptocurrency trading venture.

 

[mcjerry]

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

There are many factors that determines the rise and fall of bitcoin. If you noticed. That there was a time that Ellon musk a billionaire and the CEO of Tesla talked about dogecoin and the next thing that happened is that the price of dogecoin skyrocket up. So sometimes news affect the price of a coin.

 

[Robust]

The main thing that cause the rising and falling of Bitcoin depends on how Bitcoin is been patronize. It high amount of money is been invested in Bitcoin, it will rise and vice versa.

 

[Ub40]

I think there are many factors that can contribute to the rise and fall of bitcoin in price. I also think that the forces of demand and supply is the main factor. Then others like trade volume.That is just my opinion. Thanks for sharing.

 

[kayode10]

I think the price of Bitcoin is affected by the law of demand and supply in the marketplace. the price of Bitcoin will go higher when there is huge demand and short supply of the cryptocurrency in the marketplace.

 

[Heatman]

The main thing that cause the rising and falling of Bitcoin depends on how Bitcoin is been patronize. It high amount of money is been invested in Bitcoin, it will rise and vice versa.

There are so many factors that affect the price of bitcoin which in turn affect all the other cryptocurrencies. Excessive buy can push the price up and vice versa.

 

[Robust]

There are so many factors that affect the price of bitcoin which in turn affect all the other cryptocurrencies. Excessive buy can push the price up and vice versa.

Yeah, it is also in line with what I said, that if a coin is been patronize much well too also affect the rising of the coin. That is why it is good to invest on coin that much people (big men) invest on because it boost the grow/rising of the coin.

 

[Justin]

Bitcoin price also goes up and down according to the positive and negative news in the market. When there is good news about Bitcoin, a lot of people start investing and the price goes up.

 

[btaliat]

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!

This is not hiding from the people. People know that the price of bitcoin is being controlled by the forces of demand and supply. Except in some cases, where there are some influencers that want to control the market. And instances like government policies and some natural disasters. Apart form this, thr level of buying and selling affect the price of bitcoin.

 

[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

The volatility of the crypto currency is the huge force behind the rise and fall of the crypto currency and the rate of the demand and supply behind it is also important.

 

[greenie]

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.