Quote from: gamalzour on October 31, 2017, 05:16:28 AM

Quote from: stolendata on October 25, 2017, 11:12:32 PM

Quote from: Rana590 on October 24, 2017, 11:25:49 PM

Mainly it happens with demand of Bitcoin. Bitcoin is increasing day by day rapidly for it has great demand and it is almost stable though the price of bitcoin is not stable. If the supply is less than demand, then Bitcoin will be rising continuously.

It is very simple and basic theory of economics that when supply is more than the demand then prices dumps while whenever the supply is less than the demand then the prices pumps up. In present time we can see that bitcoin popularity is increasing from time to time. and therefore we can expect that bitcoin price wil continue incrasing for a long long time.

Yes when supply is more than the demand of bit coin then the prices of bit coin drops down while when the demand is more than the supply then the prices goes up and up. Presently the demand of bit coin is increasing day by day so the prices is also increasing.

well i think the big reason of the bitcoin rise is that many people is now believeing in bitcoin and every people will really gain on it that is why they stick to it and continue investing on it that is why the demand is always there and people use it verry continueos and it really make btc rise .i believe bitcoin is a good asset on making money that is why they are many people using it.