Topic: Factor to Consider - page 7. (Read 1107 times)
You have mentioned valid factors that affects Bitcoin both positively and negatively and in addition i add that all the mentioned boil down to the fources of demand and supply of Bitcoin in the circulation.
Glad to see that a lot of people have mentioned whales as price movers. But I think they should be the number one or main reason why Bitcoin is moving fast. With the capital they have their buying and selling power could literally influence the market on what direction it will go. Their buying and selling action is so powerful that it can start a panic selling and also a panic buying when they are also buying in huge quantities. It overshadows news, supply and demand as nothing influence it more as what the actions of whales are doing.
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.
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.
Wow it's a nice topic mate, all the factors you stated above are to be considered why the price of the bitcoin are highly volatile. This topic can helps to our newbie to know the factors that can affect to the bitcoin price. And for me it's a big contributor the supply and demand of the market because if there is a changes of the supply and demand of the market the price of the bitcoin will change too.
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.
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.
Being high volatile of the price in bitcoin is the characteristic itself and all of your listed above are absolutely right. The supply and demand on the market, the negative issues coming from the social media, the Bitcoin users and developers influence the rise and fall of price, and the new technological changes to bitcoin. The government wants to manipulate the bitcoin are also considered as a factor of the price of bitcoin being highly volatile.
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 factors mentioned above could affect the price of bitcoin. But if you are to monitor each of them in order for you to predict bitcoin's value, it sometimes may not be possible. Because sometimes the negativity of media will not affect the demand. 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.
Legal. Government legal action has a big influence on this. Several countries that have declared support for Bitcoin have made the market rise positively while some countries within the banned area of Bitcoin make trading market and miner business in the country hampered. This is crucial to the stability of Bitcoin's demand-supply condition.
For the rise and fall of bitcoin, the factors are
1. Yeah, law of supply and demand. Price up if demand is high and supply is low. Or price down if demand is low and supply is high.
2. Whales. We all know these people control mostly the price of bitcoin. They sell their coins, price goes down. They buy huge amounts, the price goes up.
3. News? Yes. But mostly good news are manipulated by the whales. And bad news are made for by the government and the banks that are against bitcoin.
4. Forks. Yes. The forks are basically updates made by programmers to enhance bitcoin technology. Along with these forks are free coins of the same amount of bitcoins in your wallet (but usually of different value to bitcoin). So people tend to buy more bitcoins so they will have a larger amount of the forked coin.
1. Yeah, law of supply and demand. Price up if demand is high and supply is low. Or price down if demand is low and supply is high.
2. Whales. We all know these people control mostly the price of bitcoin. They sell their coins, price goes down. They buy huge amounts, the price goes up.
3. News? Yes. But mostly good news are manipulated by the whales. And bad news are made for by the government and the banks that are against bitcoin.
4. Forks. Yes. The forks are basically updates made by programmers to enhance bitcoin technology. Along with these forks are free coins of the same amount of bitcoins in your wallet (but usually of different value to bitcoin). So people tend to buy more bitcoins so they will have a larger amount of the forked coin.
Interest of mass to it can significantly influence, the only way to stop bitcoin is not be interested in it, so not creating a demand of cryptocurrencies is killing them.
Well, based on what I've noticed and seen in many cryptonews the bitcoin price is depends on its limited supply, if the demand of bitcoin has increase its expected that even its price will increase too, due to inverse relation of demand and supply.
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.
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.
Furthermore, government regulations may also affect the price of bitcoin because when there are restrictions in using such cryptocurrency, it leads to the drastic change in its value. Then, there also comes the large businesses dumping to fiat currency. There are still people and institutions that do not widely accept bitcoin as a means of transactions or payment. And based on the amount of bitcoins and number of companies selling them, this may cause the so called panic sell, thus resulting to the crash of bitcoin price.
With different factors arising that affects bitcoin price, we must understand them well so we wouldn't be that bothered with the fluctuations, which will help us make the right decision at the right time.
The price of Bitcoin depends on many factors. But the core is still in the supply and demand of the market. All the rest are aimed at changing the supply and demand rules in order to change the value of bitcoin and altcoin. So when investing in btc or any other coin consider the real need and value that it can bring. For example, apart from investment, which entity would like to accept it?
When you are making any kind of investment you need to take into consideration not only the current situation of the asset in which you want to invest, you need to take into consideration the future as well, that is why bitcoin has such high value, bitcoin is not accepted in many places yet but there is the potential that it will and it will have a high value as a result. I just want to add those whales because they can also affect the price of the market whenever they are selling and buying. Everytime they sell or buy or even trading it affects the price of coins they are holding.
Big check. I think whales is a also factor through this cryptocurrency cause. Whales can control the prices of bitcoin whether it will be. When they sell their crypto especially bitcoin. The bitcoin price will be dump. Right? And when they buy it again it started to pump again. Great strategy but we dont have a lot to do about it.
The main factor to consider of the bitcoin price is the supply and the demand. We know that the supply is limited and fix but the demand is variable. So this is how the demand plays a big role of bicoin's price but what are the factors to consider to increase the demand and make it more atrractive. These are the things to consider :
1. Resolving Scalability Issue
2. Social, Financial and Politcal Awareness
3. Consumer Friendly Transactions
4. Community Support
1. Resolving Scalability Issue
2. Social, Financial and Politcal Awareness
3. Consumer Friendly Transactions
4. Community Support
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.
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.
In addition, the factor of big whales to join the investment to manipulate the Bitcoin price will surely make the price to move. We should accept the fact that the presence of big whales is much needed in order to the Bitcoin price will move thru attracking more investors to invest and making the price to become bigger and strong.
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.
What you make is representative of the whole, I see very well and what I feel today are two of the four Bitcoin Supply and increase / decrease in demand and The influence of the media in collecting this negative and positive publicity (News) is actually the most influential for me, a lot of negative news that attacked bitcoin from various countries, on the issue of legality and sustained ban, blocking crypto ads and lots of news that should not happen, and the impact of people's panic / community because of the ban in a country or the fear of losing money, in large-scale sales make more bitcoin supply and demand rarely, and booms come down, news affects a person psychologically in response to news and causes panic. 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.
In addition to the above points, I think there is another important factor affecting the price of bitcoin, that is, the development of the whole encryption community. We all know that last year's bull market had a lot to do with the crazy ICO. It's because ICO has caused a large number of new users to enter the encryption. So I think the increasing number of new users is the key factor to decide bitcoin price. Only new investors can push the community forward.
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.
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.
Negative or positive news right now is more affecting on bitcoin price. As we know, bitcoin price recently is because false news. Negative and false news make people start to panic and selling their bitcoin and its more affecting on bitcoin price
Crypto currency in general is highly impacted by adverse news as well as government regulations. Since the market is immature with many smaller investors this tendency is especially pronounced.
One benefit of increased regulation is the arrival of larger investors into the space (Soros, Rockefeller to name a couple).
This should stabilize the market and ultimately lead it higher.
Investors that continue to hold and invest in promising projects should see large returns in this space. There will still be volatility but will likely not be as pronounced as it has been the past month or so.
One benefit of increased regulation is the arrival of larger investors into the space (Soros, Rockefeller to name a couple).
This should stabilize the market and ultimately lead it higher.
Investors that continue to hold and invest in promising projects should see large returns in this space. There will still be volatility but will likely not be as pronounced as it has been the past month or so.
The current position of bitcoin on the world market carries much more weight than before.More and more countries are now looking forward to regulating bitcoin.For this matter,its price will definitely set new and incredible records this 2018.
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.
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.
Their are many factors that we may consider the demands of bitcoin in everywhere. Those factor may lead into discussiom and can creat a topic which others jump into conclusion about bitcoin supply. Aside from that the usage of bitcoin how it easily circulates and it can use as way of paying in any transactiom will do.
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