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Topic: Factors that affects the value of bitcoin... - page 10. (Read 5273 times)

sr. member
Activity: 714
Merit: 250
Hey guys,  i need some suggestions and opinions about this.
I think there are many factors that affects the value of bitcoin. I guess the demand of bitcoin on online market is one of the reason and I think the number of investors are the major factors that affects the value of bitcoin. On the other hand, I think the social media also affects the value bitcoin simply because once they see an advertisement on social media some people will get interested on it and then they will invest.
hero member
Activity: 700
Merit: 500
Hey guys,  i need some suggestions and opinions about this.
Those are: An overall economy mood in the world, sayings and statements of famous people like politics or investors, demand and supply, tons of different factors, that can directly or particularly affect the price movement.
Demand factor is the major factor which is acting as a controlling switch of price increase or decrease besides which the major issue is the immature actions of users as they sell directly after finding any little increase so they sell for that little profit.

This causes the Bitcoin more volatile and more go downward in price so we should change our actions to look for high profit that will enable us to sell in high market only after which we can get out from these situations.
hero member
Activity: 980
Merit: 500
Hey guys,  i need some suggestions and opinions about this.
The main factor that affects bitcoin price is the investor sentiment and the affect of the news on the crowd as its the crowd whose psychology affects the price of bitcoin because it's the public that makes it or breaks it so if people believes in bitcoin then the price will rise and if the opposite then the price will fall and this is the reason behind every pump or dump related to bitcoin or any other cryptocurrency.
member
Activity: 280
Merit: 10
I never being bored to discover what are the factor can be used to affect the value of bitcoin. according to my experience I try to explain those. here they are
1. FUDs or we know it as fake news which possessing purpose to confuse the holder, the main purpose is to make determination impact so the market will be flooded by selling action
2. financial/government authority that against the presence of bitcoin such as ban, restricted categorized which pinned to bticoin
3. fundamental news, whether bitcoin were facing huge obstacles or huge opporunity against current situation
4. political situation,
5. fiat economy trends, we have to admit need more time to educate to all people over the world, much more human are involved in decenralisation evosystem surely generate a assure of trustness about the future of bitcoin
6. mass media , like or not, media having important role to spread out a accident or something to the mass audience out there.
member
Activity: 349
Merit: 10
Hey guys,  i need some suggestions and opinions about this.

I think it's the news, FUD, FOMO,...People today easily believe in everything on the internet, they only blindly believe without verifying. In addition, the policies of major governments (China, Korea, America, ...) also made Bitcoins change value. It is quite humorous that the positive predictions of Bitcoin experts don't make Bitcoin's price better.  Grin


full member
Activity: 588
Merit: 101
Many factors can make the value of bitcoin increase, and in my opinion the most important thing is that more and more countries legalize bitcoin so that users feel guaranteed if many countries have legalized such as Japan.

Hackers' attacks, different evens on the exchanges, then whales' manipulations, the information that appears in mass media, whatnot...All this stuff affects Bitcoin value.
member
Activity: 490
Merit: 14
Orang-orang banyak yg berasumsi bitcoin akan turun juga sebaliknya tp kalau ane perhatikan itu soal biasa saja..kalau agan teliti dan tidak anbisius ke arah yg untung banyak lebih baik'banyak membaca..semua itu untuk menghindari kerugian yg tak di duga duga.
full member
Activity: 448
Merit: 100
one that affects the value of bitcoin or the price of bitcoin is the issue of issues that want to drop the bitcoin currency, so the more the price of bitcoin decreases the price, it's true that the price of bitcoin is now decreasing rapidly.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
There are a lot of factors that can affect the value of every cryptocurrency particularly bitcoin like FUDs, hacking of a crypto exchanges, government moves against the cryptocurrencies, negative developments that related to bitcoin and uncertainties in the crypto market. The rise of the bitcoin price is still depend on investors and buyers perception and not on the news or any positive developments that related to cryptocurrencies.
Most of it are still depend from the whales who's working around this industry,they are just like a prey waiting for another sets of victims, the development and adoptions still in questions so this big whales who invested a lots of bagholds mostly controls the market.
full member
Activity: 658
Merit: 102
There are a lot of factors that can affect the value of every cryptocurrency particularly bitcoin like FUDs, hacking of a crypto exchanges, government moves against the cryptocurrencies, negative developments that related to bitcoin and uncertainties in the crypto market. The rise of the bitcoin price is still depend on investors and buyers perception and not on the news or any positive developments that related to cryptocurrencies.
member
Activity: 238
Merit: 10
“The Future of Security Tokens”
Many factors can make the value of bitcoin increase, and in my opinion the most important thing is that more and more countries legalize bitcoin so that users feel guaranteed if many countries have legalized such as Japan.
yeah but still i believe the main factor that affecting the value is the development of cryptocurrency. People are still uncertain whether its safe or not to invest in cryptocurrency. If goverment give a clear answer and regulation i believe bitcoin value would be more stable.
full member
Activity: 434
Merit: 101
I think one of the factors that can affect the bitcoin price is bad news or FUD's that can holders sell their bitcoin because they think that the price of bitcoin will drop and the other factor is there are some group of a pump and dump that can manipulate the value of bitcoin and the other thing is there are many scammers out there that use bitcoin as their presentation that is why people didn't trust bitcoin because of this reason.

First and foremost, the number factor affecting the bitcoin's value is the users. There are users intending to earn profit in a short span of time and if they can not get what they want they will tell bad news or negative statement about bitcoin. This really affects the bitcoin community especially the newbies and the investors who are planning to invest. On the other hand is the dedicated users of bitcoin that helps bitcoin to rise no matter how bad the image is. There are other factors, but the above stated has really affected bitcoin.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
In my opinion the factor that affects the value of Bitcoin is the investors.We people are responsible for the rise and falls in the value.We people often sell out our Bitcoin's whenever we hear something negative about it.This leads in a huge drop in the value.And whenever we invest in it more the value increases automatically.So we people are the main factor that affects the Bitcoin value.

That would be right if there were no whales with huge amounts of BTC. Just think of it. Ten thousand of Bitcoin enthusiasts buy $200 worth of BTC each, and at the same time a whale sells $3,000,000 worth of BTC. In this situation, although there were much more buyers than sellers, Bitcoin price would go down for obvious reasons.

I believe we are not that far from the stage when we people, like you said, will be responsible for the rise and falls, but we are not there yet.
jr. member
Activity: 37
Merit: 1
Many factors can make the value of bitcoin increase, and in my opinion the most important thing is that more and more countries legalize bitcoin so that users feel guaranteed if many countries have legalized such as Japan.
Not only this government laws and rules also effect on it Last year China and south Africa banned the use of bitcoin it dump the price enough most of user start losing hope.Soits all depends .
jr. member
Activity: 82
Merit: 4
FUD -Short form for ‘fear, uncertainty and doubt’. Usually used in the form of “xxx spreading FUD again.”
Example: JPMorgan’s Dimon spread FUD by saying Bitcoin is a fraud that will eventually blow up.
https://www.smallcapasia.com/what-is-fud-hodl-or-fomo-in-cryptocurrency-lingo-find-out-more-here/

This is the main facor that affect the value and cryptocurrency market.
I had many haters speared false news bitcoin holders become afraid and sell there coins which really effect bad on bitcoins price. When they sell there coins they supply increase and demand decrease.
member
Activity: 350
Merit: 10
I think one about the variables that can influence the bitcoin cost is terrible news or FUD's that would holders be able to offer their bitcoin in light of the fact that they imagine that the cost of bitcoin will drop and the other factor is there are some gathering of a pump and dump that can control the estimation of bitcoin and the other thing is there are numerous tricksters out there that utilization bitcoin as their introduction that is the reason individuals didn't trust bitcoin on account of this reason.
There are many factors that affect the trust of the bitcoin along with the strong market fluctuations. Some erroneously think that the cost of producing bitcoins is cheap, but the power consumption is so high that it produces the same value. But especially the sustainability and the trust of the community for so many years, it is not easy to bitcoin the little things. Its future is very strong.
newbie
Activity: 168
Merit: 0
Some of the factors that affect the price of bitcoin are the dollar and government policies that apply to bitcoin as it directly impacts the investor's investment in the bitcoin market These are the basic factors that affect bitcoin
newbie
Activity: 16
Merit: 0
When talking about the factors that affect the value of bitcoin are People using it, it's availability in the market, countries banned from using it and also the biggest factor is the google's banning of crypto-related advertisements. These factors I think are the main reason why Bitcoin fluctuates.
full member
Activity: 560
Merit: 101
Maybe there are several factors that are very influential with the price of bitcoin, starting from the amount of supply available and the number of offers and requests on the market that are very influential on the value of bitcoin and altcoin itself.
newbie
Activity: 122
Merit: 0
I think the factor is bitcoin users themselves. Bitcoin can evolve because of its users so that it can destroy or degrade its users as well. Like a prices are rising because many are buying for investment while prices are down because so many users are selling their bitcoins.
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