Altcoins Talks - Cryptocurrency Forum
Archive => Sorting Box => Topic started by: Kyoshiro on November 12, 2018, 04:17:42 PM
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If you are unaware of the Bitcoin's increase, this post is a good one for you.
Last, last year's Bitcoin's unexpected increase shocked the market caps. There are no competencies since then before ethereum had started it's ICO. These theories about it's shocking price increase are incredibly given by some market analyst in order to determine the happenings behind the market.
Hope you can gather knowledge from it.
1st: Bitcoin's trading pattern
Bitcoin's trading pattern must have been changed during it's peak season. The token supply and demand gets higher which can change the line of transgression within the market. Some investors might sell coins at a certain price where they can have profit then the buyer will sell it onto another one with a higher price and the pattern goes on with gradual increase. This could have changed the ideal price of Bitcoin's yearning for more demand in trading.
2nd: Number of token (Supply) and Demand
As we all know, FYI, there are almost 21 M of Bitcoins released in the market and were lessened each year. If I were an investor, I would be greedy in holding greater coins for greater return. The supply then would be gathered into one user thus increasing the demand of token with the thought it has its limited coin cap.
3rd: Market Manipulation
There are some users or market manipulators we call Whales. They hold great amounts token. They play the great role of increasing and decreasing the prices of token in the market. The thought of having large holdings could be that they can sell it in a lower price then they will buy what they sell. As the trading amount increases the price also increases.
With these theories, we should be knowledgeable enough in the market manipulation if possible and be contented of the profit we have. This greatly affects the small investors, bounties, newly created tokens, holders and user who partake in the market. They can tell whether the token should go on or not, it maybe a reason why the bounty hunters are not yet getting paid for their work or for the investors to invest more. Some theories might be try and some are not.
Share your thoughts in the comment section.
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Such an informative article for the people who are completely unaware of the reasons for the massive increase in the value of bitcoin. The trading pattern of Bitcoin have been changed in the market on its peak because this can change the transgression in the market. Thanks for sharing this