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Topic: Bitcoin price? Who is making it? - page 3. (Read 7395 times)

legendary
Activity: 1596
Merit: 1011
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.
full member
Activity: 191
Merit: 100
July 19, 2016, 09:56:42 AM
the questions remain":

" 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? "

I saw many example when the chinesse exchangers dropped or raised the price and all the exchangers did the same without any valid justification. Their orderbook was the same.

The price is artificially created not by users but the exchangers according to their interests.

Do you know what is arbitrage. Someone make money by buying on the exchange with smaller price and selling on the exchange with bigger price, until prices are the same. There are a lot of bots doing  arbitrage.

bots like Willy bot who is making fake transactions. all the exchangers are making a lot of fake transactions so the price is manipulated in this way. the orderbooks are far from reality. it's a fact and ALL the big exchangers are using it. why? because the appearance of  many transactions, is attracting clients who are thinking that x or y exchanger is big or well known.

if the exchanger are so transparent why don't they publish the incoming and outgoing bank wires? Smiley

What do you think of the huge volumes in some of the Chinese exchanges? The volumes there are so big.
legendary
Activity: 1470
Merit: 1004
July 18, 2016, 08:08:51 AM
the questions remain":

" 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? "

I saw many example when the chinesse exchangers dropped or raised the price and all the exchangers did the same without any valid justification. Their orderbook was the same.

The price is artificially created not by users but the exchangers according to their interests.

Do you know what is arbitrage. Someone make money by buying on the exchange with smaller price and selling on the exchange with bigger price, until prices are the same. There are a lot of bots doing  arbitrage.

bots like Willy bot who is making fake transactions. all the exchangers are making a lot of fake transactions so the price is manipulated in this way. the orderbooks are far from reality. it's a fact and ALL the big exchangers are using it. why? because the appearance of  many transactions, is attracting clients who are thinking that x or y exchanger is big or well known.

if the exchanger are so transparent why don't they publish the incoming and outgoing bank wires? Smiley
hero member
Activity: 714
Merit: 500
July 18, 2016, 02:17:32 AM
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.

This is in a normal situation, but we can all agree there are some extra factors/parties who make or manipulate the price.
The group of whales who own a lot of bitcoins (probably large mining pools like bitmain and discus fish) have a lot of interest to control the price.

Without them pumping the price, their million dollar mining rigs would be vanished.
sr. member
Activity: 504
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
July 17, 2016, 06:36:11 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.
yeah, the more people use it and the more they buy it the price increases over time, in my opinion we will be able to make some good money in the future with it
sr. member
Activity: 271
Merit: 250
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.
xht
sr. member
Activity: 462
Merit: 250
hey you, yeah you, fuck you!!!
July 17, 2016, 04:16:39 PM
The bitcoin prise and who is making it i dont think there is just some one making the prices we are all making the price because we are selling and buying bitcoins.
I don't know is right or not but i think the price is making by demand it's mean if demand increases the price will rise and when the demand decrease the price will down.
legendary
Activity: 938
Merit: 1000
July 17, 2016, 02:33:04 PM
the questions remain":

" 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? "

I saw many example when the chinesse exchangers dropped or raised the price and all the exchangers did the same without any valid justification. Their orderbook was the same.

The price is artificially created not by users but the exchangers according to their interests.

Probably, but let me post a simple example, if you see two, three taxis,etc  on your way parked waiting for your chords, you give a look first to see which you decide, based on state of the unit, driver, price, etc...
next; you already carry an expected rate than they can overcharge you, so if any of them wants to charge more than you expect you'd go to the next just to see if you find comfortable according to what you expect to pay, somehow taxi drivers have to undergo even set price otherwise they will lose customers. I guess a similar thing could happens in the exchanges.
sr. member
Activity: 476
Merit: 251
July 17, 2016, 01:55:54 PM
the questions remain":

" 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? "

I saw many example when the chinesse exchangers dropped or raised the price and all the exchangers did the same without any valid justification. Their orderbook was the same.

The price is artificially created not by users but the exchangers according to their interests.
The markets react simply. If one sees that the value of a commodity has dropped somewhere by X%, he/she might want to sell on a different exchange as well to follow the global trend.

Nevertheless, in general I see a 20$ lower price on BTC-e compared to e.g. Bitstamp at pretty much all times. Trends are usually the same, that is true, however, I think it is just the reaction of the global market.
legendary
Activity: 1414
Merit: 1000
July 17, 2016, 11:03:24 AM
the questions remain":

" 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? "

I saw many example when the chinesse exchangers dropped or raised the price and all the exchangers did the same without any valid justification. Their orderbook was the same.

The price is artificially created not by users but the exchangers according to their interests.

Do you know what is arbitrage. Someone make money by buying on the exchange with smaller price and selling on the exchange with bigger price, until prices are the same. There are a lot of bots doing  arbitrage.
sr. member
Activity: 406
Merit: 250
July 17, 2016, 10:43:46 AM
We are making it, the bitcoin has a great future so it will go higher, investors and sellers/spenders are making the price.
See it as a stock market if its going well and a lot of people buy the bitcoin it will rise.

I think the bitcoin price will rise a lot because more and more people will use it. The price is proportional to usage.
thats true, the more people use bitcoins the bigger price is, in my opinion we will make some good money out of all the price growths in the future because only people move the price
legendary
Activity: 1470
Merit: 1004
July 17, 2016, 08:49:48 AM
the questions remain":

" 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? "

I saw many example when the chinesse exchangers dropped or raised the price and all the exchangers did the same without any valid justification. Their orderbook was the same.

The price is artificially created not by users but the exchangers according to their interests.
full member
Activity: 230
Merit: 250
July 17, 2016, 06:01:25 AM
We are making it, the bitcoin has a great future so it will go higher, investors and sellers/spenders are making the price.
See it as a stock market if its going well and a lot of people buy the bitcoin it will rise.

I think the bitcoin price will rise a lot because more and more people will use it. The price is proportional to usage.

The price of the bitcoin depends on the usage. When more people use it to buy things, the price will rise.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
July 16, 2016, 08:59:21 AM
We are making it, the bitcoin has a great future so it will go higher, investors and sellers/spenders are making the price.
See it as a stock market if its going well and a lot of people buy the bitcoin it will rise.

I think the bitcoin price will rise a lot because more and more people will use it. The price is proportional to usage.
you are right. the more people who use and need bitcoin, then the price of bitcoin will further increase. besides if you have a lot of bitcoin, you might make bitcoin prices down, but it would be very difficult to make it up. so I feel that bitcoin prices will always go up, because the longer the bitcoin users will be more and more, and it will definitely affect the price
full member
Activity: 191
Merit: 100
July 16, 2016, 02:24:19 AM
We are making it, the bitcoin has a great future so it will go higher, investors and sellers/spenders are making the price.
See it as a stock market if its going well and a lot of people buy the bitcoin it will rise.

I think the bitcoin price will rise a lot because more and more people will use it. The price is proportional to usage.
sr. member
Activity: 350
Merit: 250
July 04, 2016, 04:23:47 PM
We are making it, the bitcoin has a great future so it will go higher, investors and sellers/spenders are making the price.
See it as a stock market if its going well and a lot of people buy the bitcoin it will rise.
sr. member
Activity: 270
Merit: 250
July 04, 2016, 12:45:53 PM
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 ?

i think that largest thing that moves bitcoin price is supply and demand of course, as more bitcoins people will want to buy - higher the price will be of course

and also things like halving moves price of bitcoins, steam started to accept bitcoins so it moved price a little bit too, but these things don't move price that much as supply and demand
#

You can also use Paypal to transfer money into/from Coinbase to deal with bitcoin. It will increase user base.
hero member
Activity: 658
Merit: 500
July 01, 2016, 05:34:58 PM
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 ?

i think that largest thing that moves bitcoin price is supply and demand of course, as more bitcoins people will want to buy - higher the price will be of course

and also things like halving moves price of bitcoins, steam started to accept bitcoins so it moved price a little bit too, but these things don't move price that much as supply and demand
legendary
Activity: 2758
Merit: 1228
July 01, 2016, 11:24:00 AM
The bitcoin prise and who is making it i dont think there is just some one making the prices we are all making the price because we are selling and buying bitcoins.

Even though we do some trades, we are too small fish. Only the big whales can influence the price and they have the skills.

Most importantly, the whales have the funds to manipulate the market. So for me, I just follow them.

Eventhough where small fish in btc industry we still contribute to the rotation of it in the market thats why i can say the one who making the bitcoins price is we all the users and stakers because of us we can make the price go soar high or die.

But big whales can contribute big since they have large amount btc in their pocket That can cause dump if they sell or pump if theyd buy.
sr. member
Activity: 462
Merit: 250
July 01, 2016, 10:52:22 AM
We ourselves are making the price together the people that buy/sell and hold the bitcoin are making the price.
Another part is also making the price a sort of and that is the miners.
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