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Topic: Bitcoin price (Read 310 times)

copper member
Activity: 658
Merit: 284
January 11, 2018, 08:53:46 PM
#23
I wonder where the price of bitcoin came from. What do you think? Share your thoughts.
The bitcoin price came from bitcoin buyers and sellers.
The bitcoin price is driven by demand and supply.
It is purely based bitcoin demand and supply.
The high the quantity the lower the price.
jr. member
Activity: 56
Merit: 10
December 22, 2017, 05:41:46 PM
#22
I wonder where thus the price of bitcoin came from. What do you think? Share your thoughts.

People sold the dip and the the high to tether and now buying back USD.
hero member
Activity: 1022
Merit: 521
December 22, 2017, 05:40:03 PM
#21
Looking at the course of volatility on btc, one may be encouraged or discouraged on the price fluctuations. However one must be very careful in letting this cloud one's judgement about btc. I willing to do all what it takes to earn and invest more in btc
The reason you want to stay in the industry of bitcoin is that you know about this industry and you have a trust which must have taken some time to build. It is never easy for a newbie to start trusting altogether a new phenomenon like bitcoin. I think those who are in this industry must provide enough knowledge and awareness to newbies so that they can also join us in this. This will not only give them some profits, but also the market of bitcoin will rise and we will also have our profits in the longer run.
member
Activity: 98
Merit: 10
December 22, 2017, 09:12:33 AM
#20
bitcoin price came from Demand and supply.

Market cup determine how much is coin? today price is correction a lot 6,000$
sr. member
Activity: 325
Merit: 250
December 22, 2017, 03:04:55 AM
#19
Great 24h Vol.: 1,278,970 BTC
member
Activity: 350
Merit: 10
December 22, 2017, 03:04:01 AM
#18
The current bitcoin price is $ 14000, probably a lot of bitcoin prices going down. There is a lot of information that bitcoin prices will drop to $ 8600,
legendary
Activity: 966
Merit: 1006
December 22, 2017, 02:59:58 AM
#17
I wonder where thus the price of bitcoin came from. What do you think? Share your thoughts.
Price started to correct when bitcoin cash supporters started to full mempool with transactions with very low fee which hiked the transaction fee and now another round of correction is happening fueled by Christmas party and panic from newbie investors.

I will wait for further drops to buy back some cheap bitcoin and hold them for next few months, by end of 2018 price per coin might go above $50k per coin.
newbie
Activity: 183
Merit: 0
December 22, 2017, 02:29:42 AM
#16
Looking at the course of volatility on btc, one may be encouraged or discouraged on the price fluctuations. However one must be very careful in letting this cloud one's judgement about btc. I willing to do all what it takes to earn and invest more in btc
hero member
Activity: 3038
Merit: 634
December 22, 2017, 02:25:24 AM
#15
I wonder where thus the price of bitcoin came from. What do you think? Share your thoughts.

It came from the demand so it's buying power makes it's more valuable that adds to the price value of bitcoin.

And on what's happening now, the price is getting low and it has dropped too much just for a very short amount of time.

sr. member
Activity: 2366
Merit: 332
December 22, 2017, 01:50:30 AM
#14
I wonder where thus the price of bitcoin came from. What do you think? Share your thoughts.
Are you familiar with the supply and demand? If this is not taught to you in your school then you should consider yourself to do some research. Google search is just one step away to you, if you can login and post here then why not ask google. I'm sure Google will give you bunch of ideas that you didn't know, so try researching and researching so you could gain some knowledge.  Wink

Exactly, this is the factor that is responsible for a change in prices of things ,demand and supply is important to understand the way prices change. Then, when you also hold a product and "refuse " to sell, the effect is that, the product will be scarce, the price will go up. It is also how bitcoin interacts.
member
Activity: 406
Merit: 10
December 22, 2017, 01:29:53 AM
#13
Bitcoin price is rising.it gives so opportunity for work.any body invest it,that can be so..profitable.
full member
Activity: 279
Merit: 132
Beefcake!!!
December 21, 2017, 08:19:41 PM
#12
The recent price sure started sometime around May this year.  Go check out the volume on coinmarketcap.  That is when institutional investors started buying in.  Hedge funds etc.  Just hedge funds have over 3 trillion dollars in assets.  To put this in perspective, the market cap of bitcoin was only 30 bilion or so at the beginning of the year, and not too long ago a 10k transaction could move the whole market.

Futures trades are 1.5 trillion a day for all of the markets.  And we didn't even talk about ETF's or mutual funds yet.  They big boys only put their toes in the market, they didn't even really jump in yet.  Who knows what happens from here but there is some serious money heading into crypto markets right now.  That doesn't mean it will continue, but that is why the price went up so much.
newbie
Activity: 12
Merit: 0
December 21, 2017, 08:12:53 PM
#11
The bitcoin price is raising up so fast. It gives us an opportunity to work this thing out. Bitcoin is a very good source of income. Bitcoin get stronger than ever.
member
Activity: 111
Merit: 10
December 21, 2017, 06:43:05 PM
#10
Its a huge opportunity of the Bitcoin holder that price of its going high raise. Bitcoin price will be the most high ever for its acceptance .
legendary
Activity: 2464
Merit: 2094
December 21, 2017, 06:41:40 PM
#9
I wonder where thus the price of bitcoin came from. What do you think? Share your thoughts.


So far, bitcoin prices have always been influenced by several factors including the high level of demand and supply in the market which is very influential on bitcoin prices, and the negative rumors of bitcoin also have the effect of lowering bitcoin prices.as that happened last september will rumors about the ban on bitcoin in china causes a drastic reduction in bitcoin prices.
full member
Activity: 338
Merit: 102
December 21, 2017, 06:38:23 PM
#8
I wonder where thus the price of bitcoin came from. What do you think? Share your thoughts.
oh... my... dont you know that bitcoin now is really getting higher,thats why you have to sacrifice for earning a lot of bitcoin while waiting for the good price...
full member
Activity: 258
Merit: 101
December 21, 2017, 06:08:28 PM
#7
it is true. in my country a lot of corruption cases are very worrying. even those who do corruption are state officials themselves. should be like china, all who do corruption in the law die and impoverished.
full member
Activity: 759
Merit: 105
December 21, 2017, 05:48:57 PM
#6
I wonder where thus the price of bitcoin came from. What do you think? Share your thoughts.
Are you familiar with the supply and demand? If this is not taught to you in your school then you should consider yourself to do some research. Google search is just one step away to you, if you can login and post here then why not ask google. I'm sure Google will give you bunch of ideas that you didn't know, so try researching and researching so you could gain some knowledge.  Wink
full member
Activity: 372
Merit: 100
The Organic Growth Token
December 21, 2017, 05:48:23 PM
#5
I wonder where thus the price of bitcoin came from. What do you think? Share your thoughts.
Bitcoin's price I think is generated by the demand from the market which is produced by its large community. Bitcoin's market price at this moment is indeed expensive so it simply means that it is now indemand in the market. Its market value is expected to be more expensive in the future since more people are now interested on investing to Bitcoin which will make the demand, higher.
newbie
Activity: 51
Merit: 0
December 21, 2017, 05:45:52 PM
#4
I wonder where thus the price of bitcoin came from. What do you think? Share your thoughts.

Bitcoin Price was always meant to be high after so many years, because is really hard to get bitcoins from mining due to the hashpower needed.
The current Price is probably made by big traders taking over control on the market.
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