Bitcoin price? Who is making it? - page 2.

Sanguintan

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Quote from: mindrust on August 01, 2016, 10:54:03 AM

Quote from: fireball4 on August 01, 2016, 10:48:40 AM

Quote from: mindrust on August 01, 2016, 10:16:07 AM

Whales usually... Price will stay high unless they got bored and when they do, it will be a bloodbath. They keep the price high and make us wanna buy so they can dump their coins:)

though how are they keeping the price high if it is dumped at the moment? i think the prices depend purely on people and anything might happen with it in the future

They don't wanna keep it high at the moment i thought that was obvious. lol. Of course it depends on people but depends on which kind of people? People with much money, or people with less money? That was my point.

I think the reason for the recent drop of the bitcoin price is due to the rise of the Ethreum, investors are more interested in that.

mindrust

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Quote from: fireball4 on August 01, 2016, 10:48:40 AM

Quote from: mindrust on August 01, 2016, 10:16:07 AM

Whales usually... Price will stay high unless they got bored and when they do, it will be a bloodbath. They keep the price high and make us wanna buy so they can dump their coins:)

though how are they keeping the price high if it is dumped at the moment? i think the prices depend purely on people and anything might happen with it in the future

They don't wanna keep it high at the moment i thought that was obvious. lol. Of course it depends on people but depends on which kind of people? People with much money, or people with less money? That was my point.

fireball4

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Quote from: mindrust on August 01, 2016, 10:16:07 AM

Whales usually... Price will stay high unless they got bored and when they do, it will be a bloodbath. They keep the price high and make us wanna buy so they can dump their coins:)

though how are they keeping the price high if it is dumped at the moment? i think the prices depend purely on people and anything might happen with it in the future

mindrust

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Whales usually... Price will stay high unless they got bored and when they do, it will be a bloodbath. They keep the price high and make us wanna buy so they can dump their coins:)

Red-Apple

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Quote from: Sanguintan on August 01, 2016, 09:56:43 AM

Quote from: ASHLIUSZ on August 01, 2016, 05:55:54 AM

Quote from: purebitco on July 31, 2016, 05:07:45 PM

Quote from: soros017 on July 31, 2016, 03:40:19 PM

It seems that some whales are pushing the price down atm.

whats the point for the whales to push the price down? in my opinion people themselves are selling coins not only big owners of bitcoins though we cannot do anything about it

There are some whales who wish they knew how to use trading. The drop appears to me and I've wondered why someone would sell a huge quantity of coins in a market order, thereby drive the price down, and fail to get top dollar for their coins vs taking more times to liquidate them as a steady price.

The bitcoin price drop just means there are not enough funding in the crypto currency world. People are more interested in Ethereum now.

that is nonsense.
this is just a normal drop as always. have you even had a look at bitcoin price chart like ever?
this kinds of drop or rise are common with bitcoin, i am not saying it is going to stop here or even drop more but if you look at the history this much drop has been happening forever.

Sanguintan

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Quote from: ASHLIUSZ on August 01, 2016, 05:55:54 AM

Quote from: purebitco on July 31, 2016, 05:07:45 PM

Quote from: soros017 on July 31, 2016, 03:40:19 PM

It seems that some whales are pushing the price down atm.

whats the point for the whales to push the price down? in my opinion people themselves are selling coins not only big owners of bitcoins though we cannot do anything about it

There are some whales who wish they knew how to use trading. The drop appears to me and I've wondered why someone would sell a huge quantity of coins in a market order, thereby drive the price down, and fail to get top dollar for their coins vs taking more times to liquidate them as a steady price.

The bitcoin price drop just means there are not enough funding in the crypto currency world. People are more interested in Ethereum now.

ASHLIUSZ

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Quote from: purebitco on July 31, 2016, 05:07:45 PM

Quote from: soros017 on July 31, 2016, 03:40:19 PM

It seems that some whales are pushing the price down atm.

whats the point for the whales to push the price down? in my opinion people themselves are selling coins not only big owners of bitcoins though we cannot do anything about it

There are some whales who wish they knew how to use trading. The drop appears to me and I've wondered why someone would sell a huge quantity of coins in a market order, thereby drive the price down, and fail to get top dollar for their coins vs taking more times to liquidate them as a steady price.

purebitco

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Quote from: soros017 on July 31, 2016, 03:40:19 PM

It seems that some whales are pushing the price down atm.

whats the point for the whales to push the price down? in my opinion people themselves are selling coins not only big owners of bitcoins though we cannot do anything about it

rekinthis

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Quote from: soros017 on July 31, 2016, 03:40:19 PM

It seems that some whales are pushing the price down atm.

well the price kinda is being dumped by the whales now but i think it is good that people themselves control the price because it gives more freedom

MingLee

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Quote from: soros017 on July 31, 2016, 03:40:19 PM

It seems that some whales are pushing the price down atm.

It is also time for people to pay rent, taxes and everything else that happens monthly, so something like this happening makes sense. This kind of thing happens every month, followed by a bull run up to either where the value used to be or higher. According to the charts, that is.

I'd just wait, it should go back up soon.

soros017

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It seems that some whales are pushing the price down atm.

Superways

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Quote from: mayax on January 16, 2016, 08:07:53 AM

How is it made the Bitcoin price?

How is it possible in a so called decentralized market, where the exchangers are(should be) independent entities, ALL of them to have the same price when they certainly don't have a "the same" order book(same clients, same orders) ? How is that come?

Can someone explain ?

All of the buyers and seller are distributed in almost all of the available exchanges and the supply and demand remain constant on each of them, whenever the demand is increased on a particular exchange then its price increases and then the buyers search for other exchanges and then a demand increases at there also and so on, with that all of the prices of all exchanges come closer.

The same happen with the sellers they search for those places where the price go higher and with that the suppliers are distributed on every exchange.

MingLee

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Quote from: 1Referee on July 31, 2016, 03:29:48 PM

Quote from: bitlancr on July 31, 2016, 11:43:33 AM

Quote from: Facilitator on July 31, 2016, 08:29:18 AM

Quote from: iqlimasyadiqa on July 19, 2016, 10:18:28 AM

everyone in this world are the main bitcoin price movement. bitcoin prices are influenced from the many users of bitcoin. because bitcoin demand factors that can have an impact raising the price of bitcoin.

The bitcoin price is determined ultimately by the mass adoption. As long as there is good adoption, the price will rise.

No it is not. It is determined by supply and demand. More buyers means a buy increase, less buyers means price decrease.
Adoption at this moment is not even close of influencing the price.

Mass adoption will only influence the price when these people start with actually purchasing themselves some coins instead of looking for free ways to earn some dust. We need people with money and the will to start take a small stake in Bitcoin.

Even having people work for Bitcoin does help to move the market upwards, as long as they aren't selling it immediately after they earn it. The scarcity that comes from people owning Bitcoin does help to drive the value up somewhat, but you are right, having more people with money come and start to buy Bitcoin does help to move the value up far more than people working for it.

1Referee

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Quote from: bitlancr on July 31, 2016, 11:43:33 AM

Quote from: Facilitator on July 31, 2016, 08:29:18 AM

Quote from: iqlimasyadiqa on July 19, 2016, 10:18:28 AM

everyone in this world are the main bitcoin price movement. bitcoin prices are influenced from the many users of bitcoin. because bitcoin demand factors that can have an impact raising the price of bitcoin.

The bitcoin price is determined ultimately by the mass adoption. As long as there is good adoption, the price will rise.

No it is not. It is determined by supply and demand. More buyers means a buy increase, less buyers means price decrease.
Adoption at this moment is not even close of influencing the price.

Mass adoption will only influence the price when these people start with actually purchasing themselves some coins instead of looking for free ways to earn some dust. We need people with money and the will to start take a small stake in Bitcoin.

funbarrel

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Quote from: Adrayrd on July 17, 2016, 05:36:45 PM

It's about supply and demand, just like stocks. If people are positive they will want to buy more bitcoin then people are willing to sell, thus the price will go up.

well in short it depends only on people and nothing else, and that is really great that no governments or banks can tell people what price of bitcoin is

2legit2

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Quote from: Facilitator on July 31, 2016, 08:29:18 AM

Quote from: iqlimasyadiqa on July 19, 2016, 10:18:28 AM

everyone in this world are the main bitcoin price movement. bitcoin prices are influenced from the many users of bitcoin. because bitcoin demand factors that can have an impact raising the price of bitcoin.

The bitcoin price is determined ultimately by the mass adoption. As long as there is good adoption, the price will rise.

thats true, as long as people are into bitcoins and they want to buy it the price is going to grow a lot and it is a really great thing for me

mundang

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We ,bitcoin users and holders are making the price of bitcoin.if everyone of us make a sell then bitcoin will go down,and when there is a massive buying bitcoin will increase.

trickshot22

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Quote from: Adrayrd on July 17, 2016, 05:36:45 PM

It's about supply and demand, just like stocks. If people are positive they will want to buy more bitcoin then people are willing to sell, thus the price will go up.

i think you are right about it and im really happy that bitcoin price is dependent on all of us and i think that it will grow a lot in the future because of that

bitlancr

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Quote from: Facilitator on July 31, 2016, 08:29:18 AM

Quote from: iqlimasyadiqa on July 19, 2016, 10:18:28 AM

everyone in this world are the main bitcoin price movement. bitcoin prices are influenced from the many users of bitcoin. because bitcoin demand factors that can have an impact raising the price of bitcoin.

The bitcoin price is determined ultimately by the mass adoption. As long as there is good adoption, the price will rise.

No it is not. It is determined by supply and demand. More buyers means a buy increase, less buyers means price decrease.
Adoption at this moment is not even close of influencing the price.

Facilitator

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Quote from: iqlimasyadiqa on July 19, 2016, 10:18:28 AM

everyone in this world are the main bitcoin price movement. bitcoin prices are influenced from the many users of bitcoin. because bitcoin demand factors that can have an impact raising the price of bitcoin.

The bitcoin price is determined ultimately by the mass adoption. As long as there is good adoption, the price will rise.

Topic: Bitcoin price? Who is making it? - page 2. (Read 7397 times)