Topic: Bitcoin Up and Down how - page 3. (Read 816 times)
If it is only the exchange of digital currency, it will naturally not be supervised by the bank. If you use digital currency to change currency, such as changing Bitcoin to U.S. dollars, the U.S. dollars will be recognized by the bank and will naturally be regulated and protected, and your assets will remain unchanged.
It is the rule of supply and demand, when the demand goes up the price will go up also when the demand is down price will go down also.
Not only that. There are so many factors affecting the price movemnents of bitcoin. One of those are the FUDS circulations, whales manipulation, big exchanges movements and trading volumes.
Those ups and downs movements make sense because it gives us the reason and opportunity to make meaningful decisions.
If that OP is questioning why it happens? It has been a part of crypto development and market demand. And it becomes more volatile as many traders and investors joining crypto.
That FUDs is a huge factor affecting the trend, market manipulation right nows seems not visible.
Supply and demand of ppl buying and selling. Plus speculation on prices. Corporates are starting to put Bitcoin on their balance sheets though and taking supply out of the market which is positive for prices.
We don't need to questioned why bitcoin goes up and down because it's normal to bitcoin due to what we called volatility.
Why it's happening? it's simple because of the limited supply, some are holding, hence it lessened the circulation in the market, and sometimes there's a sudden demand of supply, and sometimes when people panic they dump bitcoin.
About banks, there's nothing they can do here, they are centralized while bitcoin is decentralized, hence no regulatory agency can control bitcoin.
Monitor yes, they can do that on transactions in the blockchain but control is always out of their hands.
Why it's happening? it's simple because of the limited supply, some are holding, hence it lessened the circulation in the market, and sometimes there's a sudden demand of supply, and sometimes when people panic they dump bitcoin.
About banks, there's nothing they can do here, they are centralized while bitcoin is decentralized, hence no regulatory agency can control bitcoin.
Monitor yes, they can do that on transactions in the blockchain but control is always out of their hands.
As to whether bitcoin goes down or up depends on a number of factors. While some price hikes can easily be explained with some corresponding news, same cannot be said for other circumstances. Sometimes, there is a cause for worry when it seems the price is being manipulated by certain strong forces popularly known as the whales.
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?
This do simply talks about supply and demand on why the price is moving up and down and regarding on that money to be saved up in bank accounts then it will varies because once you put up
big amount which it would really be ending up with some questions.
Banks are heavily regulated and following up some protocols which any financial activity which is unusual into their sight will really be raising up some eyebrows and possible verifications
will really be asked.
Buying out Bitcoin via Card will really be somewhat totally opposing on whats the primary motive on why we do deal with crypto.
Stop using centralized exchanges if you don't want the banks to control you. price moves like it does because it's a free market and there is no centralized entity controlling the price, supply etc.
Many people still do not know there are decentralized exchanges out there in which you can perform your transactions without the need to have to go through KYC or anything similar, however while centralized exchanges still dominate this market, last year we saw an important increase in the popularity of decentralized exchanges and I hope this tendency is maintained during this year.It will not be easy but I think that as governments keep trying to regulate this market we are even going to see some centralized exchanges begin a move to make themselves decentralized as well as they will not want to lose customers because of the policies governments are forcing them to implement.
Demand is reason for increase the bitcoin price. It any time to up and down. So we can't easy to analyse the bitcoin price. Check the bitcoin price every Day. It useful to invest the bitcoin on time. Bitcoi is future digital currency. It helpful for future growth and get more information.
how to check that now is the right moment to invest? When if fall , or when it rise after falling?
Generally, whenever a large amount of bitcoin is sold on the market, it drags the price down. Since authorities aren't in the business of maximizing trade profits, large amounts of Bitcoin are sold below the market price. This, in turn, causes Bitcoin's price to fall.
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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?
It's peer2peer currency when been used right, the idea behind bitcoin decentralized had nothing to do with 3rd party service providers like the banks. They're forcing their ways into the industry. When mr A buys bitcoin from mr B and the transaction is been executed without any other party knowing what the transaction was for, that's decentralization.
In transactions like this they're no middle man, don't confuse the banks you used as a payment service to be middle man instead they're only involves as a means of payment. If the transaction were excuted face to face then you'll understand why the banks in the scenario aren't middle man.
They only have the power when they serve as escrow to the transaction. With this they'll be aware what the funds passing through then are been used for.
In my opinion, no one knows when bitcoin will go up or down, unless someone asks to increase the price or lower the price, therefore it is best to keep checking the price of bitcoin every day, because seeing the growth of bitcoin with your own eyes is much better.
it is true that many predict the price of bitcoin but most of them are wrong so don't be too easy to believe in predictions if there is no clear source so I totally agree with you that no one knows when the price of bitcoin goes up or down if someone is right, it's just a guess. 
What causes the price of Bitcoin to rise and the price of Bitcoin to fall is supply and demand, this is the general answer that makes the most sense.
As long as we make Bitcoin transactions using exchanges and bank accounts, it will be monitored by the middle man. Because if you don't want to
be monitored, then make transactions using peer to peer platforms or you can do face to face transactions with someone. But in my opinion there is
no problem having Bitcoin transactions monitored by a middle man. As long as we do not violate the law, means there's nothing to worry about.
As long as we make Bitcoin transactions using exchanges and bank accounts, it will be monitored by the middle man. Because if you don't want to
be monitored, then make transactions using peer to peer platforms or you can do face to face transactions with someone. But in my opinion there is
no problem having Bitcoin transactions monitored by a middle man. As long as we do not violate the law, means there's nothing to worry about.
Probably it was just supply and demand thing in the market, bitcoin was recently just pumping in the past month so most of the people are already expecting a correction at this point.
There are some articles about a million bitcoin sell of in the market, its already too risky to hold bitcoin at this point if your not going for a long term investment since we already have a big resistance at 40k$.
Also according to some research majority of the investors think market is already in a bubble, personally i think market is already at its limit and needed some correction at this point. There are also some negative news about bitcoin that could affect the market like this double spending thing:
https://markets.businessinsider.com/currencies/news/bitcoin-price-double-spend-flaw-critical-report-suggests-2021-1-1029990921
Thank you and all who share good experience with me.There are some articles about a million bitcoin sell of in the market, its already too risky to hold bitcoin at this point if your not going for a long term investment since we already have a big resistance at 40k$.
Also according to some research majority of the investors think market is already in a bubble, personally i think market is already at its limit and needed some correction at this point. There are also some negative news about bitcoin that could affect the market like this double spending thing:
https://markets.businessinsider.com/currencies/news/bitcoin-price-double-spend-flaw-critical-report-suggests-2021-1-1029990921
Biycoin price fluctuating time by time and now its very difficult to guess price. Up to 40 k than down to 33k now again down to 31k. Would you suggest to trade at this time?
We all have study Demand and supply in economics during school time and following this rule when demand increases Btc price starts rising when demand decreases it drops. To buy crypto we need money to buy and that is only possible through banks or you can buy directly from the local individual exchangers by giving cash to them. Cash is always monitored by banks apart from this when you transact from crypto to crypto it can not be monitored by banks unless you sold it in fiat currency or received the money in the bank account.
In my opinion, no one knows when bitcoin will go up or down, unless someone asks to increase the price or lower the price, therefore it is best to keep checking the price of bitcoin every day, because seeing the growth of bitcoin with your own eyes is much better.
Bitcoin all up and down problem depend on bitcoin demand.when demand increase then bitcoin price increase and when bitcoin demand decrease then bitcoin price down.sometimes bitcoin price effected because of supply.So,bitcoin price always depend on demand and supply.
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?
Price speculation. The factors of demand and supply determines the price. Look up order books on various exchanges, when a bid or ask order is filled the price on that exchange adjusts to the most recent trade amount, reason why prices vary on different exchanges.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?
What do you mean by 'monitorized'? You can buy Bitcoin using fiat, altcoins, gold or any other thing of value, properties and luxury items have been sold for Bitcoin, it's also being used as payment for service rendered.
And there is no middle man in between and it is peer to peer currency?
The objective of a P2P network is the absence of a third party or middle man.The price of Bitcoin is determined by
the last transaction done on a particular exchange.
When buying pressure rises, the price goes up,
and when selling pressure increases, it goes down.
There are several significant variables that can cause
the price to increase or decrease, such as: Price discovery defines the mechanism by which buyers and sellers meet to reach agreement on the price at which they will trade on a crypto exchange.
Buyers want their Bitcoin to cost as little as possible. Sellers want Bitcoin to be exchanged for as much as they can. Before any trade can occur, both must agree on a certain price.
The current price of Bitcoin, on any exchange, is simply the latest price a buyer and seller have agreed to, as I have described before.
It is the rule of supply and demand, when the demand goes up the price will go up also when the demand is down price will go down also.
Not only that. There are so many factors affecting the price movemnents of bitcoin. One of those are the FUDS circulations, whales manipulation, big exchanges movements and trading volumes.
Those ups and downs movements make sense because it gives us the reason and opportunity to make meaningful decisions.
There are a lot of factors involved in the ups and downs of Bitcoin such as Supply/Demand, FOMO, FUD, Regulations, Speculation, Positive News, Corporate Interest, etc. It's simple (or rather complicated) economics. There's no definite answer, it just happens how it happens.
As what other commodities in the business industries a big factor to consider is the supply and demand of bitcoins worldwide. There were times that those on the upper echelon of the pyramid of bitcoins would buy a large sum of bitcoins which decrease the supply that leads to the price inflates due to demand. Mostly, whales dictates the price value of bitcoin depending on their actions too.
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