Topic: Bitcoin Up and Down how (Read 814 times)
Bitcoin prices fluctuate greatly now, and future prices are difficult to predict, but according to market demand, prices may still rise.
Question from BTT Expert
Can anyone explain that how the prices of bitcoin goes up and falls down? Any verified Reasons? How and what is the procedure other then academic economics?
Also explain that if we ary buying it through money and exchange it through money and save that money in our bank accounts, then how we cay say that it is not monitorised by banks? And there is no middle man in between and it is peer to peer currency? Are not we are fooling ourselves?
What makes prices go up and down in almost anything is the supply and demand that is what we've learned from economics subject in school. It's been a long time we are fooling ourselves with fiat money mate. We believe and trust in a piece of paper that can be affected by inflation. Can anyone explain that how the prices of bitcoin goes up and falls down? Any verified Reasons? How and what is the procedure other then academic economics?
Also explain that if we ary buying it through money and exchange it through money and save that money in our bank accounts, then how we cay say that it is not monitorised by banks? And there is no middle man in between and it is peer to peer currency? Are not we are fooling ourselves?
Question from BTT Expert
Can anyone explain that how the prices of bitcoin goes up and falls down? Any verified Reasons? How and what is the procedure other then academic economics?
Also explain that if we ary buying it through money and exchange it through money and save that money in our bank accounts, then how we cay say that it is not monitorised by banks? And there is no middle man in between and it is peer to peer currency? Are not we are fooling ourselves?
1) The main reason is supply and demand. If something happens good for bitcoin (PayPal added bitcoin to the platform, companies began to buy BTC as the reserve fund) then the price surely will go up. Can anyone explain that how the prices of bitcoin goes up and falls down? Any verified Reasons? How and what is the procedure other then academic economics?
Also explain that if we ary buying it through money and exchange it through money and save that money in our bank accounts, then how we cay say that it is not monitorised by banks? And there is no middle man in between and it is peer to peer currency? Are not we are fooling ourselves?
2) Monitorized is not the best way to explain this. There are two system banks which are the centralized financial system and cryptos- which are the decentralized system. They have to record the transaction between these two systems. If you move from bank to crypto or crypto to bank then both record that transaction. There is not a weird situation. Cryptocurrencies are futuristic, and they need some time to be adopted by sellers and then you can use your cryptos as a payment method.
Every time Bitcoin reduces production, Bitcoin will rise and fall sharply. And more and more countries recognize the legal status of Bitcoin, which makes Bitcoin demand higher.
Investment in supply and demand factors, this factor is actually not independent. Investors’ demand for digital currencies is actually affected by multiple sources of news. However, looking at the price increase last year, investment in the absence of obvious policy and other news The entry of investors and investment institutions will also promote price growth.
From the perspective of the most basic economic principles, the most important factor determining commodity prices is the relationship between supply and demand. The fixed and sparse total amount of Bitcoin is an important reason for its price increase.
for fluctuating reasons, I think it is because of the buying power and selling power. economically, the more you buy, the price will increase because the supply decreases. and when many are selling, the price will fall because it is like the demand for goods that has fallen and makes the price also decrease. for bank matters, it is true that bitcoin transactions are peer to peer not through third parties. but when we buy bitcoin with money from a bank, the bank will track that we made a transaction, but are there any details that the bank sees that we are investing in bitcoin? as with forex trading, it is not a problem.
Although Bitcoin is not a commodity, there is still a relationship between price and supply and demand. As long as there are more people in need of Bitcoin, the price of Bitcoin will naturally rise. Moreover, the currency circle is a news market, with major benefits and prices. It tends to skyrocket. If bad news appears, prices will drop.
Question from BTT Expert
Can anyone explain that how the prices of bitcoin goes up and falls down? Any verified Reasons? How and what is the procedure other then academic economics?
Also explain that if we ary buying it through money and exchange it through money and save that money in our bank accounts, then how we cay say that it is not monitorised by banks? And there is no middle man in between and it is peer to peer currency? Are not we are fooling ourselves?
The price of bitcoin depends on the stock, if the stock are lot, the price will decrease and if the stock is small the price will increase also. The reason of big increasing of price is because of the investor, countries and businessman that buy bitcoin, the equivalent price become huge and if they sell especially in local currency the equivalent price will slowly down or in just a moment it will fall.Can anyone explain that how the prices of bitcoin goes up and falls down? Any verified Reasons? How and what is the procedure other then academic economics?
Also explain that if we ary buying it through money and exchange it through money and save that money in our bank accounts, then how we cay say that it is not monitorised by banks? And there is no middle man in between and it is peer to peer currency? Are not we are fooling ourselves?
Actually, in every transaction their is a fee, it means their a people who earn money in every transaction.
The crypto market basically runs on the law of supply and demand, so why you see the price of bitcoin fluctuate from time is because at some point in time, the demand for bitcoin is really high and there's a low supply that will automatically drag the price up, while when the demand is low with more supply, you will see the price drop cause there are more sellers in the market than buyers, that's why the price is always up and down 
and never stable.
and never stable.
There's no puzzle here, the cost of bitcoin moves depending on the request and supply like each single other resource within the world, in spite of the brilliant innovation behind it bitcoin still moves depending on those two factors, right presently we are seeing an awfully solid diminish within the price of bitcoin which is essentially since there are not sufficient buyers and most likely usually since a whale is likely offering a few of their coins and is cashing on a few benefits.
How ironic that you have reached a hero member without knowing about the value movement of bitcoin, one thing that affects the price of bitcoin is the demand, when many people keep on buying bitcoin then the price of bitcoin will also go up vice versa when so many people keep on selling. It is like a lesson in economics.
Can anyone explain that how the prices of bitcoin goes up and falls down? Any verified Reasons?
What do you mean by "verified reason"? The reason for the increase and decline in Bitcoin price is the demand in the market. We cannot control the demand, it is basically natural. When there is a high demand in the market, the price will rise up since people try to buy more. While the price declines if the demand is decreasing because of bad news or oversupply in the market. All of us know that it is the main reason for the up/down the price in the market. So, it is enough as the verified reason, I think. Well, this is a very basic question, mate! How a hero like you still asks such question like this. Even a newbie can answer it perfectly.
The only reason for this is the demand and the supply of bitcoin ever since people are not just stocking up their coins all they want is to have a profit in the fastest way of trading and it is really hard to predict whether the bitcoin price will be increase or decrease even you're expert already because it is volatile and those companies and those celebrities are example who are making big profits from it. Imagine the world with this even in this pandemic you're still making some money for you to support your daily needs.
I agree to the reason and that is the correft and simple explanation of why bitcoin value isn't so stable. Bitcoin is one of the most recommended coin today to invest in because of its current value yet many people are keep asking of it will going up or it will going down. Bitcoin might be experience some valu changes time by time and it is a very normal situation. Since bitcoin is a product of a volatile kind type of coin that isn't stable, it will change its value depends on the suppy and deman around the market. People will always be the reason why it will go down or go up. But that's okay, as long as people doesn't abuse the trades or trading of it by simply using it in more meaningful and urgent ways, the needs of a person.
Question from BTT Expert
Can anyone explain that how the prices of bitcoin goes up and falls down? Any verified Reasons? How and what is the procedure other then academic economics?
Also explain that if we ary buying it through money and exchange it through money and save that money in our bank accounts, then how we cay say that it is not monitorised by banks? And there is no middle man in between and it is peer to peer currency? Are not we are fooling ourselves?
Can anyone explain that how the prices of bitcoin goes up and falls down? Any verified Reasons? How and what is the procedure other then academic economics?
Also explain that if we ary buying it through money and exchange it through money and save that money in our bank accounts, then how we cay say that it is not monitorised by banks? And there is no middle man in between and it is peer to peer currency? Are not we are fooling ourselves?
Just like what you like in economics the price in the market is affected of the supply and demand of the token itself, with much higher demand the higher the market prices will be and with the lower supply the higher the market price will be also. In bitcoin every transactions can be seen in the blockchain so it is not fully anonymous but there is no way to know who make the transactions, compared to a bank where every transactions are monitored and they might also be suspicious from where your money came from. There are some p2p transactions in some platform where you can buy and sell cryptocurrency, also exchanges can be considered as a middle man.
Also, funny how your account has been created in 2011 and with a thousand posts, but here you are asking questions that would be asked by a person literally new to this industry. 🤔
Maybe he bought this account.
His last post was in May of last year and then he woke up in November and his first post after 6 months of inactivity was a signature campaign application. Pretty normal thing for someone who bought the account to make money.
https://bitcointalksearch.org/topic/m.53030400
Or maybe he forgot about this account and was posting with his alts listed in his trust page in red
Can anyone explain that how the prices of bitcoin goes up and falls down? Any verified Reasons? How and what is the procedure other then academic economics?
Also explain that if we ary buying it through money and exchange it through money and save that money in our bank accounts, then how we cay say that it is not monitorised by banks? And there is no middle man in between and it is peer to peer currency? Are not we are fooling ourselves?
Bitcoin is peer-to-peer in the sense that you can send it directly to anyone without the need for any middleman, that’s why it’s called peer to peer. Take for example, if you have to send money to someone abroad using banks, banks will serve as the middleman between you and the person receiving the money and it can take the money days to arrive, whereas when you are making use of cryptocurrency you can send the money to them directly and they will receive it at that moment. I don’t see anything difficult to understand in this. Bitcoin is truly peer to peer.Also explain that if we ary buying it through money and exchange it through money and save that money in our bank accounts, then how we cay say that it is not monitorised by banks? And there is no middle man in between and it is peer to peer currency? Are not we are fooling ourselves?
and I think the OP has a hero rating, which I think definitely knows the answers to all its questions.
Also explain that if we ary buying it through money and exchange it through money and save that money in our bank accounts, then how we cay say that it is not monitorised by banks? And there is no middle man in between and it is peer to peer currency? Are not we are fooling ourselves?
you need to be specific if what money your referring to because a money can also be a crypto or a fiat/local currency such as usd and its also possible to get your self a btc by not using a money/fiat, same as when you exchange or sell your btc but only fiats can be stored in banks and once you use banks you can expect that you are being monitored but that wasnt a bad thing because they are doing it for your safety . the p2p and no middle men that you want are for decentralize currency or cryptos
The only reason for this is the demand and the supply of bitcoin ever since people are not just stocking up their coins all they want is to have a profit in the fastest way of trading and it is really hard to predict whether the bitcoin price will be increase or decrease even you're expert already because it is volatile and those companies and those celebrities are example who are making big profits from it. Imagine the world with this even in this pandemic you're still making some money for you to support your daily needs.
Can anyone explain that how the prices of bitcoin goes up and falls down? Any verified Reasons? How and what is the procedure other then academic economics?
Also explain that if we ary buying it through money and exchange it through money and save that money in our bank accounts, then how we cay say that it is not monitorised by banks? And there is no middle man in between and it is peer to peer currency? Are not we are fooling ourselves?
Bitcoin is peer-to-peer in the sense that you can send it directly to anyone without the need for any middleman, that’s why it’s called peer to peer. Take for example, if you have to send money to someone abroad using banks, banks will serve as the middleman between you and the person receiving the money and it can take the money days to arrive, whereas when you are making use of cryptocurrency you can send the money to them directly and they will receive it at that moment. I don’t see anything difficult to understand in this. Bitcoin is truly peer to peer. Also explain that if we ary buying it through money and exchange it through money and save that money in our bank accounts, then how we cay say that it is not monitorised by banks? And there is no middle man in between and it is peer to peer currency? Are not we are fooling ourselves?
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