Bitcoin price? Who is making it? - page 4.

Wevariant

newbie

Activity: 25

Merit: 0

Quote from: RoseMann on June 21, 2016, 11:28:36 AM

Quote from: GermanFoobla on June 20, 2016, 03:25:20 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.

RoseMann

sr. member

Activity: 270

Merit: 250

Quote from: GermanFoobla on June 20, 2016, 03:25:20 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.

GermanFoobla

sr. member

Activity: 322

Merit: 250

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.

nururochac

full member

Activity: 182

Merit: 100

Quote from: el kaka22 on June 20, 2016, 02:30:28 AM

Quote from: Qunenin on June 18, 2016, 08:21:08 AM

Quote from: DarkThrones on June 18, 2016, 02:52:20 AM

Most of the volume for the current rally we are in is coming directly from China under the CNY pairing to Bitcoin. I believe this is more speculation based on the halving and the real price after the dust settles is still unknown.

No matter what is the reason behind the massive price increase, whether it be the Chinese bulk buying or the effects of halving, the beneficer is surely the person who has bitcoins with him and therefore he/she may get profits from it.

And just save a lot of BTC from now on so therefore we could somehow affect the bitcoin price.
If someone owe a large % of BTC he/she could affect the price in many ways, if the capital was 21M BTC a person need atleast 21k BTC and he or she will become the most fortunate person in the world.

No, 21k btc is still small, you need to have atleast 1m million btc volume to be able to pump or dump the bitcoin from 10%

el kaka22

legendary

Activity: 3710

Merit: 1170

www.Crypto.Games: Multiple coins, multiple games

Quote from: Qunenin on June 18, 2016, 08:21:08 AM

Quote from: DarkThrones on June 18, 2016, 02:52:20 AM

Most of the volume for the current rally we are in is coming directly from China under the CNY pairing to Bitcoin. I believe this is more speculation based on the halving and the real price after the dust settles is still unknown.

No matter what is the reason behind the massive price increase, whether it be the Chinese bulk buying or the effects of halving, the beneficer is surely the person who has bitcoins with him and therefore he/she may get profits from it.

And just save a lot of BTC from now on so therefore we could somehow affect the bitcoin price.
If someone owe a large % of BTC he/she could affect the price in many ways, if the capital was 21M BTC a person need atleast 21k BTC and he or she will become the most fortunate person in the world.

RoseMann

sr. member

Activity: 270

Merit: 250

Quote from: Qunenin on June 18, 2016, 08:21:08 AM

Quote from: DarkThrones on June 18, 2016, 02:52:20 AM

Most of the volume for the current rally we are in is coming directly from China under the CNY pairing to Bitcoin. I believe this is more speculation based on the halving and the real price after the dust settles is still unknown.

No matter what is the reason behind the massive price increase, whether it be the Chinese bulk buying or the effects of halving, the beneficer is surely the person who has bitcoins with him and therefore he/she may get profits from it.

That is right. So it is better for us to buy some bitcoin as well to benefit from the price rise. I think the price will rise further.

Qunenin

hero member

Activity: 966

Merit: 506

Quote from: DarkThrones on June 18, 2016, 02:52:20 AM

Most of the volume for the current rally we are in is coming directly from China under the CNY pairing to Bitcoin. I believe this is more speculation based on the halving and the real price after the dust settles is still unknown.

No matter what is the reason behind the massive price increase, whether it be the Chinese bulk buying or the effects of halving, the beneficer is surely the person who has bitcoins with him and therefore he/she may get profits from it.

DarkThrones

full member

Activity: 252

Merit: 100

Most of the volume for the current rally we are in is coming directly from China under the CNY pairing to Bitcoin. I believe this is more speculation based on the halving and the real price after the dust settles is still unknown.

Anastasios

member

Activity: 68

Merit: 12

I am making the price.

mayax

legendary

Activity: 1470

Merit: 1004

Quote from: useless4 on June 14, 2016, 10:05:41 AM

people themselves only make the bitcoin price in my opinion because governments cannot have any serious impact on it

keep dreaming about that.

remember: fake volumes = fake price = price manipulation

https://forum.bitcoin.com/bitcoin-discussion/reminder-chinese-bitcoin-spot-exchanges-okcoin-and-huobi-are-faking-a-majority-of-their-trading-volume-t6701.html

RoseMann

sr. member

Activity: 270

Merit: 250

Quote from: useless4 on June 14, 2016, 10:05:41 AM

people themselves only make the bitcoin price in my opinion because governments cannot have any serious impact on it

If the government declares the bitcoin illegal or make a big tax on it, the price of bitcoin will drop a lot.

useless4

sr. member

Activity: 389

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

people themselves only make the bitcoin price in my opinion because governments cannot have any serious impact on it

Chrismeister

sr. member

Activity: 465

Merit: 250

As you can just think normally we are making the price it all depends about how many we trow our coins away to buy things or are we just holding that makes the price.

InsideBjorn

sr. member

Activity: 336

Merit: 250

Bitcoin price makes people and that is becasue there are allot of people who are just holding their coins and that is bad for the price rising so you should better spent them that will rise the price.

nururochac

full member

Activity: 182

Merit: 100

Quote from: RoseMann on June 12, 2016, 02:56:10 AM

I think the Chinese are making the bitcoin price. The price rose a lot today and it started in China again.

Thats right, chinese has the most hold market cap. of bitcoin. Check this out https://www.cryptocompare.com/coins/btc/analysis/USD

nururochac

full member

Activity: 182

Merit: 100

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

How is it made the Bitcoin price?

Can someone explain ?

We users of bitcoins aaaaaaaaaaaaand.... *drum roll* the big whales of chinese!

RoseMann

sr. member

Activity: 270

Merit: 250

Quote from: john2231 on June 12, 2016, 04:27:42 AM

Quote from: Jmild1 on June 12, 2016, 04:20:34 AM

Quote from: pleaseexplainagain on June 12, 2016, 03:11:06 AM

Quote from: RoseMann on June 12, 2016, 02:56:10 AM

I think the Chinese are making the bitcoin price. The price rose a lot today and it started in China again.

i think the FOMO is making the price. it is currently at $631. back on May 26 - just a few days ago - it was $450 ie up 40% . When it goes up at that sort of rate it is because the whales have got the ball rolling and now everyone else feels the need to rush in. the willy bot got the ball rolling back in the mt gox days but it was the FOMO that took it to $1000.

Yeah, the halving event hype make people think that they can profit if they will do a huge amount of panic buy before event. But this might just be a bubble too because many people is thinking of selling what they bought after halving, so it will dump the coin's value.

Its really help if they are huge buying bitcoins right now and we will see the price will increase bitcoin right now is indemand thats why the price is increase even block halving is too far.. but some people are satisfied what prices today and selling some of their bitcoin so that they can still make few profit.. and the bitcoin price will reduce. did you notice the price today its reduce a little bit i think few usd but more people are still believe and buying thats why the price today is increase again..
This is always depends of supply and demand. if we all people are not selling their bitcoin and buying bitcoin just holding it.. we don't not see price increase it will stable or instead it will reduce because of the miners increase the amount of bitcoin all whole world..

I just want the slow buying of the bitcoin. I just need the price to rise 10% a month. If it is too high, it will drop.

john2231

hero member

Activity: 924

Merit: 1001

Quote from: Jmild1 on June 12, 2016, 04:20:34 AM

Quote from: pleaseexplainagain on June 12, 2016, 03:11:06 AM

Quote from: RoseMann on June 12, 2016, 02:56:10 AM

I think the Chinese are making the bitcoin price. The price rose a lot today and it started in China again.

i think the FOMO is making the price. it is currently at $631. back on May 26 - just a few days ago - it was $450 ie up 40% . When it goes up at that sort of rate it is because the whales have got the ball rolling and now everyone else feels the need to rush in. the willy bot got the ball rolling back in the mt gox days but it was the FOMO that took it to $1000.

Yeah, the halving event hype make people think that they can profit if they will do a huge amount of panic buy before event. But this might just be a bubble too because many people is thinking of selling what they bought after halving, so it will dump the coin's value.

Its really help if they are huge buying bitcoins right now and we will see the price will increase bitcoin right now is indemand thats why the price is increase even block halving is too far.. but some people are satisfied what prices today and selling some of their bitcoin so that they can still make few profit.. and the bitcoin price will reduce. did you notice the price today its reduce a little bit i think few usd but more people are still believe and buying thats why the price today is increase again..
This is always depends of supply and demand. if we all people are not selling their bitcoin and buying bitcoin just holding it.. we don't not see price increase it will stable or instead it will reduce because of the miners increase the amount of bitcoin all whole world..

Viyamore

hero member

Activity: 658

Merit: 500

Quote from: Jmild1 on June 12, 2016, 04:20:34 AM

Quote from: pleaseexplainagain on June 12, 2016, 03:11:06 AM

Quote from: RoseMann on June 12, 2016, 02:56:10 AM

I think the Chinese are making the bitcoin price. The price rose a lot today and it started in China again.

i think the FOMO is making the price. it is currently at $631. back on May 26 - just a few days ago - it was $450 ie up 40% . When it goes up at that sort of rate it is because the whales have got the ball rolling and now everyone else feels the need to rush in. the willy bot got the ball rolling back in the mt gox days but it was the FOMO that took it to $1000.

Yeah, the halving event hype make people think that they can profit if they will do a huge amount of panic buy before event. But this might just be a bubble too because many people is thinking of selling what they bought after halving, so it will dump the coin's value.

Yes that was the main reason halving = thinking of profit also this factor adds a big price to the bitcoin price because many are buying of bitcoins its just.like trading more buyers the price rise panic selling makes the price dumps.

Jmild1

full member

Activity: 210

Merit: 100

Quote from: pleaseexplainagain on June 12, 2016, 03:11:06 AM

Quote from: RoseMann on June 12, 2016, 02:56:10 AM

I think the Chinese are making the bitcoin price. The price rose a lot today and it started in China again.

i think the FOMO is making the price. it is currently at $631. back on May 26 - just a few days ago - it was $450 ie up 40% . When it goes up at that sort of rate it is because the whales have got the ball rolling and now everyone else feels the need to rush in. the willy bot got the ball rolling back in the mt gox days but it was the FOMO that took it to $1000.

Yeah, the halving event hype make people think that they can profit if they will do a huge amount of panic buy before event. But this might just be a bubble too because many people is thinking of selling what they bought after halving, so it will dump the coin's value.

Topic: Bitcoin price? Who is making it? - page 4. (Read 7397 times)