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Topic: Factor to Consider - page 5. (Read 1099 times)

hero member
Activity: 2926
Merit: 640
April 23, 2018, 10:16:23 AM
If it was really in the hands of government to decide the future of bitcoin, believe me this coin would have gone for long now. Bitcoin is decentralized and therefore no one can hurt it regardless of his hatred for this currency. Moreover, governments just pretend to hate bitcoin, it is not possible that there won’t be any black sheep in authorities. It is impossible to resist bitcoin.
Right. Taking a look at how the government have since been trying to get the whole idea crumbled and then frustrating it, the market just keeps coming back better and stronger.

The fact that we have a decentralized currency to make use of without having to go through the governments bullshit policies with fiat is what has been keeping this community alive right from the onset till now and for that, it is obvious we really do have a very awesome level to go with growth.
sr. member
Activity: 704
Merit: 270
April 21, 2018, 01:25:42 PM
There are various factor which influence the market share of Bitcoin. The negative news about Bitcoin like Bitcoin relating criminal activities,Bitcoin related scams and malware attacks,government ban are the main reason behind its falling price. These put negative impact in its investors too. There are some good news too about Bitcoin which boost up its market share. Many international companies like Microsoft, green man games, Amazon etc start using  Bitcoin. And day to day its user number also increase these things help in bitcoin growth.
hero member
Activity: 2828
Merit: 518
April 21, 2018, 03:54:38 AM
Market today are really vulnerable for changes and a lot of factors to consider. FUDs, regulations of exchanger and somewhat to say market manipulation made by big whales/investors are the common things that could create such changes.
sr. member
Activity: 476
Merit: 259
April 21, 2018, 03:43:42 AM
Also the biggest negative factor wasn't mentioned here.
Regulators that are now entering the market and will probably do some sanctions in order to prevent bitcoin trading in their country.

Countries realize that bitcoin aims to destroy the traditional currencies and it may cause a big chaos, so they are now trying to do steps while it's still small, so if a country now blocks bitcoin trading and closes all the exchanges within the country then it's country residents may sell their bitcoins and it may cause to a price drop.
It's something that should be considered.
legendary
Activity: 1204
Merit: 1028
April 21, 2018, 03:08:45 AM
#99
Undoubtedly these factors influence the price of bitcoin, but we should not forget about manipulation by holders of large volumes of bitcoin.
When we talk about the market value of any of the crypto coin, then there are number of factors which play an important role in deciding the market value of that crypto coin. Some of the factors which are very important includes the demand of that coin in the international market, the number of investors investing in that coin and above all the number of people knowing about that coin.
jr. member
Activity: 131
Merit: 1
April 20, 2018, 10:14:16 AM
#98
Another big thing that influence the Bitcoin price are the endless number of created altcoins. Instead of keeping BTC. People are buying alts using BTC. As the result BTC was dumped. I wish all exchange sites would create USD pair for each new altcoins. 


What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read:

1. Bitcoin supply and increasing/decreasing demand
2. Bitcoin in news: Influence of media on garnering negative and positive publicity
3.Bitcoin users and developers influence the rise and fall of price.
4.New technological changes to Bitcoin

For discussion for the above mentioned. You can check this link: https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894

How about you? can you add more factor that can affect the price of the bitcoin? Comment below.
member
Activity: 294
Merit: 10
April 20, 2018, 10:00:32 AM
#97
What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read:

1. Bitcoin supply and increasing/decreasing demand
2. Bitcoin in news: Influence of media on garnering negative and positive publicity
3.Bitcoin users and developers influence the rise and fall of price.
4.New technological changes to Bitcoin

For discussion for the above mentioned. You can check this link: https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894

How about you? can you add more factor that can affect the price of the bitcoin? Comment below.

Your mentions are true but the reason why people are attracted to cryptocurrency is because of the social media's today who are advertising different ico's on their sites that are attracting investors.
member
Activity: 252
Merit: 11
PLAYHALL - SKILL GAMING PLATFORM
April 20, 2018, 09:37:57 AM
#96
What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read:

1. Bitcoin supply and increasing/decreasing demand
2. Bitcoin in news: Influence of media on garnering negative and positive publicity
3.Bitcoin users and developers influence the rise and fall of price.
4.New technological changes to Bitcoin

For discussion for the above mentioned. You can check this link: https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894

How about you? can you add more factor that can affect the price of the bitcoin? Comment below.

I think these lists is enough. But I can say, these days the news and FUD are two things that become the main problems for the price fluctuation. We can see a few months ago many big media make a negative news and publicity about Bitcoin and cryptocurrency. The media also make it every people including G20 event talk about Cryptocurrency.
hero member
Activity: 1148
Merit: 527
April 20, 2018, 09:04:17 AM
#95
It should take into account the factor that someone can raise the price of a few thousand when he wants, and then drop when he wants.
And that is usually the crazy strategies the whales always play and make a lot of people to get into FOMO and then all of a sudden dump on them.

It is very important not to ever enter a market that is already going extremely up as that is going to end up more like a gamble most of the time. In such cases, it is necessary to always buy during accumulation and traders always see those moments and take their time to accumulate as well. Then, when you start seeing the FOMO into play, you can then sell.
member
Activity: 406
Merit: 10
April 19, 2018, 08:11:04 AM
#94
The FUD factor is what is another which also bring down the market coupled with the fight from the government and banks ,these are all facts needed to be consider.
member
Activity: 210
Merit: 10
April 19, 2018, 07:29:38 AM
#93
Well all you've said there is all correct from bitcoin's demand, the influence of media to the public down to new technological changes to bitcoin. I'll just add up the bonds that is made by bitcoin and separating this will affect the bitcoin's price for sure because the partnership just got broken. Also the news about banning it in some other countries making its reach limited and just to certain countries, this makes the price lower by some of it. Also the panic sellers who sold their bitcoins out of doubts that bitcoin will never go up after a price drop.

full member
Activity: 420
Merit: 100
April 19, 2018, 07:20:04 AM
#92
What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read:

1. Bitcoin supply and increasing/decreasing demand
2. Bitcoin in news: Influence of media on garnering negative and positive publicity
3.Bitcoin users and developers influence the rise and fall of price.
4.New technological changes to Bitcoin

For discussion for the above mentioned. You can check this link: https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894

How about you? can you add more factor that can affect the price of the bitcoin? Comment below.
The basic reasons which you have mentioned are enough to affect the price of bitcoin as demand and supply are essential factors which determine the prices. The FUD's created have a impact on prices but one more thing that i want to add beside these factors is 'whales" manipulating the prices in order to gain profits in short run.So this is sum up of all the factors for price of any currency.
member
Activity: 168
Merit: 10
April 19, 2018, 06:57:48 AM
#91
I think this will also your basis when to buy and sell your bitcoin. If you have news regarding the factor that affects the price of bitcoin. You should take and consider it if this will help the price to increase or this could decrease it. In this way you may predict and loss a little and you could earn more.
Ctn
sr. member
Activity: 644
Merit: 259
April 19, 2018, 04:24:30 AM
#90
What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read:

1. Bitcoin supply and increasing/decreasing demand
2. Bitcoin in news: Influence of media on garnering negative and positive publicity
3.Bitcoin users and developers influence the rise and fall of price.
4.New technological changes to Bitcoin

For discussion for the above mentioned. You can check this link: https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894

How about you? can you add more factor that can affect the price of the bitcoin? Comment below.

Off course, you have to take the follow up of what governments are doing really. I mean thats the best and could be worst influencer of the bitcoin really. I mean it really depends whether they are going to ban it, accept it, if gonna accept it then whether they are going to invest on the bitcoin infrastructure itself etc. These are really influencing factors which can affect the bitcoin existence or its advances. Surely the point you have mentioned up there are the one which one cant ignore at all. Those are the ones who drives the prices for the bitcoin itself.
full member
Activity: 434
Merit: 103
Thinking on the higher plane of existence.
April 19, 2018, 04:19:40 AM
#89
What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read:

1. Bitcoin supply and increasing/decreasing demand
2. Bitcoin in news: Influence of media on garnering negative and positive publicity
3.Bitcoin users and developers influence the rise and fall of price.
4.New technological changes to Bitcoin

For discussion for the above mentioned. You can check this link: https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894

How about you? can you add more factor that can affect the price of the bitcoin? Comment below.

All of the market has the same concept of supply and demand even in the stock market's of different countries and because of that, selling and investing on the right time will really give you a huge amount of profit.
Before investing in almost anything, one should keep the factors in mind that determine the growth of their investment. This might be liquidity that is the readiness of an asset to be converted into money. There is risk factor which should be the minimum possible.

Return is what we quest for. The more the return, the more is the investment. Besides, the market role is crucial in any investment. Keeping these factors in mind, Investment in Bitcoin is worth it.

Actually income in acquiring bitcoin happens only in the form of trading unlike any other kinds of investment. Therefore it is solely depends on the current price of bitcoin vs. the price when you buy your bitcoin dictates if you have this what you call "return".
newbie
Activity: 37
Merit: 0
April 19, 2018, 04:00:13 AM
#88
So when investing in btc or any other coin consider the real need and the value that it can bring.“Only invest or trade with whatever you can afford to lose!” and the second rule.Everytime they sell or buy or even trading it affects the price of coins they are holding and illegal influencies the influx and efflux in the bitcoin.
hero member
Activity: 1092
Merit: 500
April 19, 2018, 03:17:04 AM
#87
What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read:

1. Bitcoin supply and increasing/decreasing demand
2. Bitcoin in news: Influence of media on garnering negative and positive publicity
3.Bitcoin users and developers influence the rise and fall of price.
4.New technological changes to Bitcoin

For discussion for the above mentioned. You can check this link: https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894

How about you? can you add more factor that can affect the price of the bitcoin? Comment below.

All of your statement was true and correct actually, And it is a new technology in terms of digital payment aspects. Where it can be the world currency in the near future.
member
Activity: 285
Merit: 10
🤖UBEX.COM 🤖
April 19, 2018, 02:32:36 AM
#86
Undoubtedly these factors influence the price of bitcoin, but we should not forget about manipulation by holders of large volumes of bitcoin.
copper member
Activity: 269
Merit: 0
April 19, 2018, 02:22:44 AM
#85
What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read:

1. Bitcoin supply and increasing/decreasing demand
2. Bitcoin in news: Influence of media on garnering negative and positive publicity
3.Bitcoin users and developers influence the rise and fall of price.
4.New technological changes to Bitcoin

For discussion for the above mentioned. You can check this link: https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894

How about you? can you add more factor that can affect the price of the bitcoin? Comment below.
Yes it's true that the factors affecting the price of bitcoin are those you mention above specially the negatives news brought about by the media.
full member
Activity: 659
Merit: 101
April 19, 2018, 02:09:57 AM
#84
What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read:

1. Bitcoin supply and increasing/decreasing demand
2. Bitcoin in news: Influence of media on garnering negative and positive publicity
3.Bitcoin users and developers influence the rise and fall of price.
4.New technological changes to Bitcoin

For discussion for the above mentioned. You can check this link: https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894

How about you? can you add more factor that can affect the price of the bitcoin? Comment below.
  All listed above are the common factors that affect unstable bitcoin price but the greatest factor of all is the government when different countries imposed the restriction and regulation in cryptocurrency, it just like a big bomb exploded in different areas where cyrpto had been circulated, even Japan considered a crypto country had their own restriction that causes some prominent exchanges sought other geographical areas to sustain their existence.
If it was really in the hands of government to decide the future of bitcoin, believe me this coin would have gone for long now. Bitcoin is decentralized and therefore no one can hurt it regardless of his hatred for this currency. Moreover, governments just pretend to hate bitcoin, it is not possible that there won’t be any black sheep in authorities. It is impossible to resist bitcoin.
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