Quote from: ipanks on January 25, 2017, 02:01:53 PM

Quote from: LovelyPrey on January 25, 2017, 01:33:55 PM

Quote from: traderMax on January 24, 2017, 07:52:23 PM

Bitcoin's value is constantly increasing. Why is the price of bitcoin increasing over time?

In my own opinion I guess it is because of its being in demand of the coin.
And investing bitcoin in so many ways.
Keeping bitcoin in their wallets so it cause in demand of bitcoin.

demand and supply from the market is the the most factor that i know will make bitcoin price increase and decrease but we seen that sometimes bitcoin price is not going to go up or down but its flat in the one range like now. i think the price is ready to go in another price and many of us is hope that the price will be up like before.

Demand and supply is the obvious reason behind the price increase, we can see that when the demand of bitcoin is increase, people start buying and so the supply decreases and therefore the price of bitcoin also increase, and when most of the people start selling bitcoin so the price start decreasing because people even welling to sell their bitcoin on a little lower price also .