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Author Topic: Sudden increase in the price of Bitcoin  (Read 4256 times)

Offline Chita76

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Sudden increase in the price of Bitcoin
« on: November 06, 2020, 07:20:10 AM »
Suddenly the price of bitcoin is rising.  The reason for the increase in the price of this bitcoin is the election.  I think the price of Bitcoin is suddenly rising due to the defeat of Donaltram in the election.  Or maybe there is some other reason you comment on it
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Sudden increase in the price of Bitcoin
« on: November 06, 2020, 07:20:10 AM »

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Offline Power420

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Re: Sudden increase in the price of Bitcoin
« Reply #1 on: November 06, 2020, 01:58:36 PM »
The reason for the sudden increase in the price of Bitcoin is the election.  Although the price of Bitcoin was supposed to come down as per the chart, the price of Bitcoin is going up due to the defeat of Donaltram in the election as the country can be expected to improve if the government changes.  Wants to do better than each other which is why the price of Bitcoin is rising abnormally due to the loss of Donaltram.

Offline smt_nirwana_01

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Re: Sudden increase in the price of Bitcoin
« Reply #2 on: November 06, 2020, 05:21:31 PM »
The possible effect of the election on the bitcoin is already being discussed. Of course it has an effect. I am happy for those who have investment.

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Re: Sudden increase in the price of Bitcoin
« Reply #3 on: November 06, 2020, 05:32:22 PM »
The possible effect of the election on the bitcoin is already being discussed. Of course it has an effect. I am happy for those who have investment.
Yes American elections issues are the main reason of increasing bitcoin and others Cryptocurrencies market.
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Re: Sudden increase in the price of Bitcoin
« Reply #4 on: November 07, 2020, 05:22:47 PM »
One of the reasons why the sudden rise in bitcoin prices overnight is that the price of bitcoin, which is supported by elections and other countries, is rising overnight.

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Re: Sudden increase in the price of Bitcoin
« Reply #5 on: November 08, 2020, 06:20:27 PM »
Not sure about the increase overnight was the effect of election. In fact, majority of alts did not increase only Bitcoin did a sudden pump. If you have a link to proof the sudden pump is due to election. Please share with us.

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Re: Sudden increase in the price of Bitcoin
« Reply #6 on: November 09, 2020, 02:18:53 PM »
Buying bitcoin is different from buying a stock or bond,because its not a corporation.Bitcoin pricing is influenced by factors such as: the supply of bitcoin and market demand for it, the number of competing cryptocurrencies, and the exchanges it trades on.
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Re: Sudden increase in the price of Bitcoin
« Reply #6 on: November 09, 2020, 02:18:53 PM »


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Re: Sudden increase in the price of Bitcoin
« Reply #7 on: November 09, 2020, 09:48:12 PM »
Suddenly the price of bitcoin is rising.  The reason for the increase in the price of this bitcoin is the election.  I think the price of Bitcoin is suddenly rising due to the defeat of Donaltram in the election.  Or maybe there is some other reason you comment on it
Only the US presidential election cannot be the reason for the sharp growth of the cryptocurrency market.  We now have many reasons for this.  This is already six months after the halving, and the end of the year, and the rise in inflation in the world as a consequence of the fight against the spread of coronavirus, and much more.
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Re: Sudden increase in the price of Bitcoin
« Reply #8 on: November 11, 2020, 02:15:01 AM »
We are currently seeing that Bitcoin has suddenly improved a lot.  Because of this improvement, everyone is expressing different views.  But the real reason is not yet known. But I think this bitcoin has improved for the US election.
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Offline Sumaiya2

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Re: Sudden increase in the price of Bitcoin
« Reply #9 on: November 15, 2020, 02:12:08 AM »
For a while, the price of Bitcoin was rising overnight.  But the current price of Bitcoin is 16,064.  In 2021, the price of Bitcoin will cross 20,000 dollar.
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Re: Sudden increase in the price of Bitcoin
« Reply #10 on: November 15, 2020, 03:59:28 PM »
Not sure about the increase overnight was the effect of election. In fact, majority of alts did not increase only Bitcoin did a sudden pump. If you have a link to proof the sudden pump is due to election. Please share with us.

my friend , no matter if the bitcoin pump because of the election or not but in use when bitcoin pumps most of the other currencies dump massivly so dont expect altcoins to pump when bitcoin does , wait for it to stable .

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Re: Sudden increase in the price of Bitcoin
« Reply #11 on: November 15, 2020, 04:27:13 PM »
But the real reason is not yet known.  But what I think is the reason for the recent rise in bitcoin prices is the US election.  I think the price of bitcoin has started to rise as a result of the US election and the change of government.
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Offline Ronald

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Re: Sudden increase in the price of Bitcoin
« Reply #12 on: November 16, 2020, 10:26:33 AM »
Suddenly the price of bitcoin is rising.  The reason for the increase in the price of this bitcoin is the election.  I think the price of Bitcoin is suddenly rising due to the defeat of Donaltram in the election.  Or maybe there is some other reason you comment on it
Yes bro, The U.S.A. ঢlection has certainly had an impact on the bitcoin market ‍as well as crypto currency market. Because we see that when Biden is elected to be the new president of America that time bitcoin is increasing.
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  Bitcoin 2.0 If Bitcoin was being
started over again, it would most
likely use the superior Ethereum
blockchain
platform.
     
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X10
 
faster than its
pre-decessor
‘Bitcoin’
   
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Based on
ETHERIUM
   
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Offline Pitter

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Re: Sudden increase in the price of Bitcoin
« Reply #13 on: November 16, 2020, 12:07:44 PM »
Suddenly the price of bitcoin is rising.  The reason for the increase in the price of this bitcoin is the election.  I think the price of Bitcoin is suddenly rising due to the defeat of Donaltram in the election.  Or maybe there is some other reason you comment on it
Now a days bitcoin price is increasing rapidly. After a long time the price getting more. Many experts are assume that the price will be $50000 recently. I also believe that the price will be high. Investors are willing to invest in this platform.
soon

Offline Pluto25

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Re: Sudden increase in the price of Bitcoin
« Reply #14 on: November 16, 2020, 12:10:50 PM »
Suddenly the price of bitcoin is rising.  The reason for the increase in the price of this bitcoin is the election.  I think the price of Bitcoin is suddenly rising due to the defeat of Donaltram in the election.  Or maybe there is some other reason you comment on it
I think american election is a simple issue of increasing bitcoin market. But most important issue is PayPal acception of bitcoin, Ethereum and litecoin.

 

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