Topic: Bitcoin Up and Down how (Read 816 times)

Bitcoin prices fluctuate greatly now, and future prices are difficult to predict, but according to market demand, prices may still rise.

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.

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.
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.

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.

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.

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.

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.

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.

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.

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

And crypto or bitcoin assets depend on the balance of supply and demand and it has become the law of the market, when crypto assets are popular and there is a lot of demand, the price will go up and vice versa if the supply is high while the demand is low then the price will go down.
and I think the OP has a hero rating, which I think definitely knows the answers to all its questions.

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.

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.

Bitcoin rises and falls like a spring, depending on many factors, peripheral reactions or expertise influencing supply / demand.  when the necessity is serious, the spring will expand.  Sometimes it's like a ship, dropping its anchor and swaying.  I imagine this past week is at the anchor, the wave will move to drive the rise and the ship goes to sea.
A rule that has no standards.

I'm not knowledgable person like you are looking for but I have an answer to the marker price ups and down are cost with the traders and investors if there is no movement on these transactions there is no any kind of chance it will pump or dump movement are all about the people who would like to buy and sell. Market graphs are just a guide what is the possible outcome but it can't tell you the exact and accurate outcome of the price. Supply and demand are still part of the crypto currency.

Bitcoin price is based mostly on speculation. If a currency's value fluctuates a lot, or if it is quite volatile, nobody wants to use it, but rather to store it. Bitcoin currently acts more like gold than currency, which deviates from bitcoin's original objective of building a cash system for p2p. The price of bitcoin is difficult to predict.

Bitcoin prices are difficult to predict, and I also want to know if prices will rise in the future.

Bitcoin prices fluctuate and it is difficult to predict the future price, but I hope the price can rise.

I also want to know what determines the price of Bitcoin and want to learn from the experience.

I think these ups and downs are fairly normal because it's generally a bull market there. except that the government intervenes, which might make some holders to sell their coins.

Prices fluctuate up and down recently. But as the supply decreases and people buy more and more, prices will rise.

Price goes up when buying pressure increases, and goes down when selling pressure increases.

Bitcoin be a speculative assets made it more difficult to know it price per time, this has been in existence from inception. Although there are experts in this ecosystem that truly understand the technology but still be able to tell the exact figure of Bitcoin up and Downs at a particular time. Basically, bitcoin price in future will be determine by demands when global adoption set inn.

Don't forget the price manipulation, FUD, hype and many other factor that affect the price of Bitcoin.  Sometimes the market does not follow the supply and demand law due to the meddling of these so called whales that often alter the flow of the market to their own benefit.


Probably he wanted to say "monitored" by banks.  Well, the price of Bitcoin can be monitored but can't be regulated because as stated, it follows the Law of supply and demand.


But sadly most Bitcoin users had been meddled by the third party company that gives custodial wallet/exchange service.

Yes this is the reason why bitcoin and other coin in the market crashes it is normal due to the law of supply and the demand we cannot change the fact that some people hoard to much quantity and it makes the bitcoin price go higher and then when these people dump it instantly those who are affected are those who only have a limited and small buying power. Sometimes we can understand that maybe it is only a price correction.

Indeed no one will know, but the ups and downs of bitcoin can be predicted using technical and fundamental analysis. Demand for increases and decreases in prices must include whales as large holders of bitcoin, but cannot fully control the market. If you do a day traser you do have to check the price of bitcoin every day, but if only as a long-term investor you don't need it, stay focused on the main goal for the long term and the price that has been set.

buddy, just HODL if you are not that in need of money. Some articles may suggest that you sell your bitcoin, just ignore it. Keep it and see how much money it will cost. Or you may regret like me

Bitcoin has been gaining momentum recently, but beware of the possibility of it falling. It is recommended to buy rationally and sell in time.

It goes up a lot when it gets a ton of press, because saturation level (knowledge of existence) amongst the 'average' investor is still low.  Additionally, the number of people rubbishing it as a joke continues to drop. 

Random people invest in it, w/o regard to the price, since they see a nice chart and don't want to miss out.  This has happened.... at least three times in the past, maybe four.  One of the other massive runs was when MtGox was manipulating the price.

I sold half of mine at $36,500.  I was thinking I'd be able to rebuy at ~$18,500 level, ~$22,500 level, or around the 50 day MA when I sold (at the time it was ~$24,500). 

It appears that someone wants to keep it above $30,500'ish, which is actually close to the 50 day moving average now (think it's around $29,500).  There was that 'flash crash' down to $29,000, but it immediately went back up.  If it holds the $30,500 - $31,000 for another week or two, I may cave and re-buy at this $31,000 or so.  Probably not, though.  I still think the price is massively inflated.

But I guess with virtually every govt going massively into debt and the Federal Reserve printing untold amounts of "funny money" to keep the US stock market from crashing, who knows. 

I'm unsure why we aren't already seeing massive inflation in the US.  Probably the low cost of energy has cancelled out a lot of it.  This low cost of gas and such shouldn't last too much longer w/ Beijing Biden.  China needs to sell some solar panels.

I think that the quote above is the only answer plausible besides bitcoin being a volatile market. There isn't anything that does not involves economics in the ups and downs of bitcoin, the need for a verified reason is enough with the basics of supply and demand.

To OP, the reason that we are buying bitcoin through the use of fiat I assume is because it was tied to fiat in the first place and you have a choice not to store your money on banks so that means that being monitored is not the banks problem because that is their job, to prevent possible laundering. Isn't not having a middle man a good thing? If you want to use bitcoin as a currency for daily transactions, you can do it but you have to understand that there isn't any big adoption for most businesses yet and we are not fooling ourselves.

Yes, besides of that supply and demand, sometimes news can give effect to the crypto market. But there is no valid reason for how bitcoin price goes up and down. I guess that many reasons that can make it like that, but I will not bother to think about why the important thing for us is always ready for any situations that can happen to the market. If he just thinks about the reason, I am afraid that he will forget to analyze and use the time to buy or sell because I guess in that time, we can use it for our benefits.

As like other asset, Bitcoins too follow the era of supply and demand.
As there is a fixed amount or supply of Bitcoins, so when the demand is high, the supply becomes less.
And sadly this leads to the rise of the price.
And the reverse happens when the demand is less.
You can easily see and demonstrate it yourself in any exchange’s trading area.

inflation is one of the reasons behind. banks print rafts of money, commodity price rises...to store our wealth, I choose cryptocoins, bitcoin is my best choice

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.

In fact, we are so thankful that we have this kind of volatility in which it gives us a chance to buy at low and sell at high.
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.

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.

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.

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.

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.

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.

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.

Thank you and all who share good experience with me.
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.

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.

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.

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.

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.

Bitcoin up and down simply because of demand and supply. It means, if the people buy bitcoin the value of it will go up and on the other side, if people sell their bitcoins of course the value will go down, Simple, right? Banks is centralized, if you put your bitcoin in a bank they will surely ask your information so that they monitor your funds. Bitcoin is originally decentralized which mean you are the only liable with your bitcoins and there is no middle man that can make a transaction with your own bitcoin unless it was from exchange.

First of all the value of Bitcoin depends on demand and supply as we are aware and whenever I hear any news related to Bitcoin let's say any institutional investment gets into Bitcoin by default the demand is increased the searching the price and then any of the institution or whales cashout it plumments. When it comes to buying the Bitcoin, buying it through fiat is not the only way as there are various campaigns and services through which you can be paid in bitcoin and I agree it ultimately ends up in bank account for average users and there is nothing like fooling ourself because until it's stored as Bitcoin itself until it's converted into fiat there is not third part interference.

Simply demand and supply. If there are more demand for coins than are available to sell, price goes up. If there are more supply for coins than are available to buy, price goes down.

I guess you mean if we are buying/exchanging it through "fiat money", at the bolded?

It's actually a peer-to-peer currency until you send it through third-party/centralized service

There is no mystery here, the price of bitcoin moves depending on the demand and supply like every single other asset in the world, despite the brilliant technology behind it bitcoin still moves depending on those two factors, right now we are seeing a very strong decrease in the price of bitcoin and that is simply because there are not enough buyers and most likely this is because a whale is probably selling some of their coins and is cashing on some profits.

About your second question, bitcoin is a peer to peer currency but only the bitcoin environments follows the premises of satoshi as soon as your money hits the banking system then every single one of your transactions is going to be analyzed, so no we are not deceiving ourselves.

Bitcoin price fluctuates based on the demand and supply. When demand is more it means more number of people are buying bitcoins and hence bitcoin price goes up.
When demand is less, people are selling their bitcoins and hence the price goes down.


There are also other factors which derive the spike in bitcoin's price such as psychological factors, news and media, FUD and FOMO etc..
The current FUD related to double spending of bitcoin is a solid example of how FUD can lead to decrease in bitcoin's price.


You need to buy bitcoin through fiat. Although there are other ways to earn bitcoin for this example let's consider you are buying bitcoin through fiat from an exchange.
This is the basic need to acquire bitcoin in this case but once you have those bitcoins in your bitcoin wallet you can do anything with it.
You can send it to anybody without involving any middle man. You can control your bitcoins and nobody 3rd party is required to have control over your money.
You can even spend it for shopping online as there are services which accept bitcoins directly.
But if you want to exchange your bitcoins for fiat then you will need to exchange it and then get the amount to your bank account.

I hope I answered your queries.

BTC is playing seasaw from couple of days now the market is extremely fluctuating, only today the price has changed several times which rarely happens and I believe most of the day traders would have took this opportunity for short selling.

The demand and supply has been super hot and that's the reason behind this high fluctuation I mean pump and dump also apart from exchanges none of them are involved here. And yes foolish people don't invest without a genuine plan.

The up and down in the price of Btc is due to several reasons:

Demand and supply
Panic selling, people are panicking over the sudden increase in price and selling their life savings which leads to decrease in the price
Investors of big corporations

I

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

Especially from an old-timer user/account which was registered in the old days of this forum.

Since there are already enough answers for you, maybe you should get it now. Also, you will probably know if there's a middle man between every transfer unless the receiver and sender do so.

The questions aren't really expected from a Hero Member. You should know how the world's economy is working and how a product price goes up and down. The same goes for bitcoin as well. I think many users already answered your questions, it's pretty simple and depends on demand. Since Bitcoin is a limited supply, that's why its price also much volatile.

How are we fooling ourselves? It's just a nonsense question. If you use Bitcoin through a third party like an exchange then of course you are regulated. If you are dealing peer to peer anonymously (of course wallet should noncustodial) then no one could regulate you. Isn't simple? Why should you use a third party? Really depends on you.

That is how fluctuation works, because of the demand right now and I think the cause of the dip back on the start of the pandemic really gave Bitcoin a boost to make a momentum going up, and most people are now using noncontact transaction and pretty much many are using Cryptocurrency for a method of transaction that is why it went skyrocket! but naturally, demands are what is causing the price to increase, and right now as I am typing this the price when down to $31,000 USD as for Coinmarketcap site it may go on a dip maybe?

If you understand Demand and Supply same applied to bitcoin. Like me here just waiting for price to come down for me to invest.

price is always going down because the "demand" for bitcoin is increasing more that the "supply" has been increasing. the increase of demand is also called adoption and these days we are having a ton of it from average Joes buying bitcoin to big institutional investment groups buying bitcoin so that a lot of their users can own bitcoin to big players buying bitcoin. so there is no way to go but up.

meanwhile there is a lot of panic and newbies who came in recently (some of them whale newbies) are easy to manipulate and scare into selling. for example the FUD about the double spend today has been hitting these weak hands pretty hard and we can see how they are panic selling into the hands of other accumulators.

1. Supply and demand. People are buying and selling bitcoin a lot hence why the prices moves a lot. It's basically the same with any asset in any industry.

2. If your money is moving between banks, then it's being monitored.

3. There is no middleman when sending bitcoin out to other non-custodial wallets. But of course, if you're using an exchange, then the exchange is considered a "middle man". Though exchanges are the most common way to trade bitcoin, they're definitely not necessary. You can trade bitcoin for cash with a person face-to-face so there wouldn't be a middleman.

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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. 🤔

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.

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.

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.

The objective of a P2P network is the absence of a third party or middle man.

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?