Bitcoins value - page 2. | Bitcointalksearch.org

Rub3n

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Quote from: eckmar on June 04, 2017, 07:16:25 AM

Quote from: anneiS_02 on June 04, 2017, 07:06:55 AM

What are the factors that affect the bitcoins value ? Just curious guys. Wanted to learn more.

Just like about anything in the world. Supply and Demand. If more people are buying it price will go up, and more miners there are price will go down. Simple as that.

Keep in mind that also it will be harder to get one every year, and so on. Meaning that it's trading value will grow stronger (per btc).

radamiel

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Quote from: northstarh on June 05, 2017, 07:49:21 AM

Quote from: Peashooter on June 05, 2017, 06:58:45 AM

Quote from: DoublerHunter on June 04, 2017, 07:25:58 AM

Quote from: anneiS_02 on June 04, 2017, 07:06:55 AM

What are the factors that affect the bitcoins value ? Just curious guys. Wanted to learn more.

One of the factors that i know that keep affecting the bitcoin value is the news about bitcoin. If the news of bitcoin is always good then it will affect the price of bitcoin and it will be one of the big helper for the price to pump up and also the investors that are investing in bitcoin and because of the continuous money then it is resulting for a price increase also.

There are lots of factors that can affect the value of bitcoin to change. I guess the supply and demand of bitcoin also can affect its price. I think the value or price of bitcoin will depend on the market.Also, i guess the number of bitcoin users can also have affect to the price of bitcoin to change.

That is no longer strange, supply and demand are the two main factors that affect the value of bitcoin. In addition, there are many other factors that indirectly influence the value of bitcoin, and the best example is government acceptance.

Right, too complicated indeed if we analyze bitcoin prices, a lot of the factors that influence it, I think there is no dominant factor in bitcoin pricing, all factors affect each other, just like forex, we can not definitely estimate bitcoin prices, even I think more Complicated bitcoin prices than forex

TrissMerigold

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traders , investors , probablt other company that get involved in bitcoin things ... i dont know but probably it will cost more than gold in the future Grin

, many countries start to accepting btc as legal payment so theres a chance to go on bigger opportunities Huh

northstarh

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Quote from: Peashooter on June 05, 2017, 06:58:45 AM

Quote from: DoublerHunter on June 04, 2017, 07:25:58 AM

Quote from: anneiS_02 on June 04, 2017, 07:06:55 AM

What are the factors that affect the bitcoins value ? Just curious guys. Wanted to learn more.

One of the factors that i know that keep affecting the bitcoin value is the news about bitcoin. If the news of bitcoin is always good then it will affect the price of bitcoin and it will be one of the big helper for the price to pump up and also the investors that are investing in bitcoin and because of the continuous money then it is resulting for a price increase also.

There are lots of factors that can affect the value of bitcoin to change. I guess the supply and demand of bitcoin also can affect its price. I think the value or price of bitcoin will depend on the market.Also, i guess the number of bitcoin users can also have affect to the price of bitcoin to change.

That is no longer strange, supply and demand are the two main factors that affect the value of bitcoin. In addition, there are many other factors that indirectly influence the value of bitcoin, and the best example is government acceptance.

Peashooter

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Quote from: DoublerHunter on June 04, 2017, 07:25:58 AM

Quote from: anneiS_02 on June 04, 2017, 07:06:55 AM

What are the factors that affect the bitcoins value ? Just curious guys. Wanted to learn more.

One of the factors that i know that keep affecting the bitcoin value is the news about bitcoin. If the news of bitcoin is always good then it will affect the price of bitcoin and it will be one of the big helper for the price to pump up and also the investors that are investing in bitcoin and because of the continuous money then it is resulting for a price increase also.

There are lots of factors that can affect the value of bitcoin to change. I guess the supply and demand of bitcoin also can affect its price. I think the value or price of bitcoin will depend on the market.Also, i guess the number of bitcoin users can also have affect to the price of bitcoin to change.

Cofee.BLUE

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The factor that affects its value is the demand.If more people are gonna use and buy bitcoin then the value will go up.The seceond is the supply if the supply,if the supply goes down but the demand goes up the value will also increase.But in reality,the supply doesnt go down,the demand increases but the supply cannot keep up with the demand.

TravelMug

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Quote from: kelceyott on June 05, 2017, 03:49:49 AM

Quote from: Scorpion on June 05, 2017, 01:56:37 AM

It's quite simple - supply and demand. The supply is becoming scarce and the demand is becoming high.

In fact, supplies are not scarce. The market is still functioning well, but the demand has surged sharply, supply can not keep up.

But the supply is getting difficult now as miners has a difficulty finding blocks. And it will be getting scarce in the next halving in 2020 I think. So imagine that the demand is high but the supply is getting very low. That means that the price will really increase in the future. So you will see a lot of predictions saying that bitcoin can reach $10000.

kelceyott

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Quote from: Scorpion on June 05, 2017, 01:56:37 AM

It's quite simple - supply and demand. The supply is becoming scarce and the demand is becoming high.

In fact, supplies are not scarce. The market is still functioning well, but the demand has surged sharply, supply can not keep up.

dillpicklechips

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Quote from: Scorpion on June 05, 2017, 01:56:37 AM

It's quite simple - supply and demand. The supply is becoming scarce and the demand is becoming high.

That's right. The fiat system that we have now are centralized and hence they can release money (supply) proportional to the demand of the people that's why it is stable while in cryptocurrencies including bitcoin the supply has a market cap of 21M BTC hence the supply is fixed that's why it all depends with the demand that is if the demand rise up so thus the price will.

When the demand increases then also the price increases and vice versa. (directly proportional)
When the supply increases then the price will decrease and vice versa. (indirectly proportional)

Scorpion

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Bitcoin OG

It's quite simple - supply and demand. The supply is becoming scarce and the demand is becoming high.

Distinctin

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Quote from: farharhadi on June 05, 2017, 01:11:55 AM

I will create the best place nag better than gold, maybe many people are amazed at bitcoin, see the high value.
Then the money will be in huge amount.

You will probably get a higher value of your money if you will invest and hold.
The price will not grow abruptly but it needs time to grow, if you see an abrupt increase never buy that price
because it is just the whales, always buy on dip.

farharhadi

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I will create the best place nag better than gold, maybe many people are amazed at bitcoin, see the high value.
Then the money will be in huge amount.

Vaculin

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Winding down.

Quote from: northstarh on June 04, 2017, 01:04:31 PM

Quote from: eckmar on June 04, 2017, 07:16:25 AM

Quote from: anneiS_02 on June 04, 2017, 07:06:55 AM

What are the factors that affect the bitcoins value ? Just curious guys. Wanted to learn more.

Just like about anything in the world. Supply and Demand. If more people are buying it price will go up, and more miners there are price will go down. Simple as that.

Bitcoin is growing around the world, so the demand of people everywhere is growing fast, while few people want to sell bitcoin, so its value is rising fast.

Definitely.Bitcoin is now popular to almost everyboday and some preferred to use it already especially in online transactions.The more people patronizes it,the higher its value becomes.When its price depreciates,less people will likely to use.But as far as bitcoin is concerned,its value continues to rise making bitcoiners beneficial.

coinfast

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Quote from: anneiS_02 on June 04, 2017, 07:06:55 AM

What are the factors that affect the bitcoins value ? Just curious guys. Wanted to learn more.

One of the factors that affecting the Bitcoin value is Each time a government releases official statements about the regulation of digital currencies, the price of Bitcoin is normally affected, Even if the actions of that government are not related to the virtual currencies directly. and the Media can also influence the Bitcoins value significantly. Media hype can easily lead to an increase in the price, while negative news can lead to a decline in the price.

1Referee

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Quote from: Wayan_Pedjeng on June 04, 2017, 01:25:31 PM

4. The number of unconfirmed transactions
5. Competition from the altcoins

4 - If you look closely, the number of unconfirmed transactions has gone through the roof, and it didn't have a single bit of negative effect on the price.

5 - Altcoins have been experiencing a tremendous amount of growth during the last years, and especially this year, but again, it didn't have a single bit of negative effect on the price.

Mike Mayor

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It's mostly supply and demand. You can say use but use will increase demand. The more people who use Bitcoin the more it will be worth. There other short term factors like price manipulation and things like that. In the long term though it's about the supply and demand. It is an easy and basic concept but in practice becomes very complicated. Trying to understand it is what we all want to do in order to make big profits. 💰 💰 💰

jc89

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Quote from: anneiS_02 on June 04, 2017, 07:06:55 AM

What are the factors that affect the bitcoins value ? Just curious guys. Wanted to learn more.

The main factors would be the supply and the demand. Supply is the total number of bitcoin available in the market that are ready to be bought by users. Another for supply is the total number of bitcoin in circulation or bring used in the market. Demand is the amount of bitcoin needed or wanted by users.

There are external factors that affects the main factors. The best example is the announcement of Japan that they will start to accept Bitcoin as a mode of payment. That event triggered more users to engage in bitcoin, thus, increase in demand as well as in price. Another is rumors about the death of bitcoin or anything alike that might trigger panic selling. That will result to increase in supply but decrease in price. There are many more factors but the main factors are the dictator of the price of bitcoin.

Wayan_Pedjeng

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Quote from: anneiS_02 on June 04, 2017, 07:06:55 AM

What are the factors that affect the bitcoins value ? Just curious guys. Wanted to learn more.

Here are some which comes to my mind right now:

1. The balance between supply and demand
2. Mining difficulty
3. Legal status of Bitcoin
4. The number of unconfirmed transactions
5. Competition from the altcoins

orarider

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Quote from: anneiS_02 on June 04, 2017, 07:06:55 AM

What are the factors that affect the bitcoins value ? Just curious guys. Wanted to learn more.

The answer is simple, bitcoin depends on the market, so the factor that affects its value is the supply and demand.

Prodigan786

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If your doing any trades you will get to know bitcoin value how increase and decrease main thin is that demand and supply that is transaction and miners seconed news third some countries taking stand on bitcoin

Topic: Bitcoins value - page 2. (Read 3052 times)