Factors that affects the value of bitcoin... - page 13.

connecoin

jr. member

Activity: 308

Merit: 1

Quote from: MarjorieZimmermanGinger on May 31, 2018, 11:53:40 AM

Quote from: crairezx20 on May 31, 2018, 11:47:36 AM

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.

that's right what you say. and if I think also with the many negative issues that are about bitcoin then it could affect the value of bitcoin as well. therefore we all bitcoin users must support bitcoin continue so that its value can go up and not be considered bitcoin negative hold

As a member of this community its also our obligation to promote and advertise cryptocurrency, negative reports about BTC can affect its market value.

Cryptoville247

newbie

Activity: 85

Merit: 0

There are so many factors affecting the value of Bitcoin. But it on lies on the general principle of Economics which is Demand and Supply. What may influence this demand and supply could be due to some speculations or panic which could force people to sell off there dragging the price down.

BountyGram

jr. member

Activity: 56

Merit: 1

Quote from: GokeVN on July 28, 2018, 05:19:01 PM

I think it is a very broad thing that really affects the price directly. I have read some thread and it was stated there that investors was one of the major cause of the volatility of the of the Bitcoin, if they will not be in an active investments these following weeks this will lead to slower fluctuation of the price, and it also serve as the guide of the ICO when they will hoing to pay the workers since the lower the price the lesser that it will turn out to be a payment, and it might be double if they force to pay the people in a wrong time.

You're right, some others are not trusting bitcoin and as a result they are trying to destroy its reputation in the public, well bitcoin can help to grow the economy of a certain country.

bilyboy

full member

Activity: 364

Merit: 100

There are several market factors which control the price of Bitcoin and alter the value in different times. As we know about the demand factor which is the major factor controlling the Bitcoin, when it increases the price also goes high and when it decreases the market also goes down. So we need to get benefit of this current market which is possible in terms of investments.

Durugista

newbie

Activity: 49

Merit: 0

Quote from: bethooven on July 28, 2018, 12:45:58 PM

Quote from: Sedorikku on May 31, 2018, 11:37:08 AM

Hey guys, i need some suggestions and opinions about this.

The number one that has a big impact in the value of the bitcoin was the news many newbie would became panic seller because of what they watch like scam and pure of fud so that the tendency many dumpers would sell the coin and the markets would continue to fall down even if you didn't want it to happen it will happen because of many weak hands.

I agree some factors that affect bitcoin the the newbies who do not know the potential of the coin itself, they are scared of loss and try to do panic sell and the lost more of their funds and blame it ti the entire forum.

SlickMoTwoToe

full member

Activity: 438

Merit: 100

Quote from: GokeVN on July 28, 2018, 05:19:01 PM

I think it is a very broad thing that really affects the price directly. I have read some thread and it was stated there that investors was one of the major cause of the volatility of the of the Bitcoin, if they will not be in an active investments these following weeks this will lead to slower fluctuation of the price, and it also serve as the guide of the ICO when they will hoing to pay the workers since the lower the price the lesser that it will turn out to be a payment, and it might be double if they force to pay the people in a wrong time.

Well for me there are so many factors that can affect the bitcoin, since it is build by the community it will depends on us the holders of the coins, it will affect the price if we do panic sell.

GokeVN

newbie

Activity: 84

Merit: 0

I think it is a very broad thing that really affects the price directly. I have read some thread and it was stated there that investors was one of the major cause of the volatility of the of the Bitcoin, if they will not be in an active investments these following weeks this will lead to slower fluctuation of the price, and it also serve as the guide of the ICO when they will hoing to pay the workers since the lower the price the lesser that it will turn out to be a payment, and it might be double if they force to pay the people in a wrong time.

Kertmu

newbie

Activity: 182

Merit: 0

The formation of Bitcoin's price is driven by: demand, supply, the status of Bitcoin itself (trust in crypto currency, various news).

bethooven

jr. member

Activity: 68

Merit: 1

Quote from: Sedorikku on May 31, 2018, 11:37:08 AM

Hey guys, i need some suggestions and opinions about this.

The number one that has a big impact in the value of the bitcoin was the news many newbie would became panic seller because of what they watch like scam and pure of fud so that the tendency many dumpers would sell the coin and the markets would continue to fall down even if you didn't want it to happen it will happen because of many weak hands.

Himanshu111

sr. member

Activity: 462

Merit: 250

Quote from: BryanRoseWalker on July 27, 2018, 05:00:51 AM

Quote from: ?? on ??

In my opinion, the most influential factor, quite obvious and obvious, is speculation. Bitcoin speculation can bring huge profits. The risk of this currency makes it attractive to speculators. Since a commodity is a commodity, the value of Bitcoin is determined based on supply and demand. At the same time, the value of Bitcoin is affected by the mining process. Due to its great value, it makes people invest money in ultra-modern and expensive computer systems to dig.

the outline you are writing is about the overall supply of coins and that has been circulating in the market today, it is true, but there are other factors as a major supporter, positive news about the emergence of legal markets and various things including ETF efforts into the wallstreet market.

if only to rely on supply-very good for long-term assets, but bitcoin also has the potential of bubbles so it is necessary to always think about the short term.

There are several factors affecting the price of bitcoin.The demand and supply forces play an important role in price determining.If the demand is rising that means the price will be rising and vice versa will occur if the demand falls down.How much investment is done in bitcoin also determines the price of bitcoin.Bitcoin speculation is also an important factor.People are attracted to bitcoin due to its volatility.Mining process also determines the price.

amber deposit

jr. member

Activity: 210

Merit: 3

There are many factors that can affect the price of bitcoin and it always change because of being volatile. In addition to that, I think the main factor is the fluctuation of supply and demand on online market. Second is the number of people who buy or invest on bitcoin. Lastly, just hold your bitcoin whatever the price of it because it will really help you to make more income.

Henry Sy

member

Activity: 193

Merit: 83

Quote from: Sedorikku on May 31, 2018, 11:37:08 AM

Hey guys, i need some suggestions and opinions about this.

i think the main reason why bitcoin price goes down is because of the media that talks false information about the bitcoin. If they spit wrong information, the price of the bitcoin maybe affected because of it.

atmos

newbie

Activity: 223

Merit: 0

It is impossible to take into account all the existing factors and how they will affect each other. But in the long term, bitcoin, of course, will grow. That is my opinion.

gaxfrwpy

newbie

Activity: 164

Merit: 0

After the market matures, the entry of some large organizations and consortia will directly affect the price of bitcoin.

BryanRoseWalker

newbie

Activity: 215

Merit: 0

Quote from: ?? on ??

In my opinion, the most influential factor, quite obvious and obvious, is speculation. Bitcoin speculation can bring huge profits. The risk of this currency makes it attractive to speculators. Since a commodity is a commodity, the value of Bitcoin is determined based on supply and demand. At the same time, the value of Bitcoin is affected by the mining process. Due to its great value, it makes people invest money in ultra-modern and expensive computer systems to dig.

the outline you are writing is about the overall supply of coins and that has been circulating in the market today, it is true, but there are other factors as a major supporter, positive news about the emergence of legal markets and various things including ETF efforts into the wallstreet market.

if only to rely on supply-very good for long-term assets, but bitcoin also has the potential of bubbles so it is necessary to always think about the short term.

tempebacem

member

Activity: 161

Merit: 10

Many factors can influence the rise and fall in bitcoin prices. investors continue to buy bitcoin to increase the price of bitcoin. bad news factor that resulted in bitcoin price down. panic can also cause bitcoin values to drop. already know if anyone cancontrolling bitcoin prices. Factors that may affect the value of bitcoin are false news in the media and the threat of scammers and hackers because people will be afraid or afraid to trust bitcoin. it will cause a decrease in customers here so the price will also decrease.

Zero504

newbie

Activity: 140

Merit: 0

so far bitcoin can succeed without binding on the path of legality, regardless of the negative factors that exist, is the government's obligation to make it under control, if not able, then bitcoin will continue to grow in a balanced manner.

government sentiment can have an impact on prices, but bitcoin proves to be able to always bounce in a higher direction, this is proof that many great people are behind it, and include holders who do not want to be named.

binghope

newbie

Activity: 224

Merit: 0

There are quite a number of factors that affect the value of the BTC, and the supply and demand are the final factors that cause the BTC price to fluctuate, if the supply is greater than the BTC demand will decrease and vice versa.

PIR

member

Activity: 322

Merit: 10

CRYPTOBLADES Octoblades 10.10

There is always cause and effect, and so I believe that there are some factors that really affect\ct bitcoin's price value, and there are also people behind it, for some reason, negative comment and fake news also affect it off course media is one big channel to it, also the investor if there is few of it and also other country banning it it can cause big movement downward movement...

leavolnhals

full member

Activity: 770

Merit: 101

Quote from: Sedorikku on May 31, 2018, 11:37:08 AM

Hey guys, i need some suggestions and opinions about this.

Bitcoin is the first virtual currency launched in 2009 and it has no control over any of the regulators. So the bitcoin price is going down completely depending on the world market. I will list several factors. The impact on the bitcoin value in recent years:
1.Impact from politics: Just a few hours after President Donald Trump was elected, the value of bitcoin increased dramatically. Because bitcoin is a market independent and not subject to regulatory control, when a Any character that has an economic impact like Trump, the bitcoin will get more attention.
2.Impact of other crypto currencies: If there is only one dominant bitcoin in 2009, by 2018 there will be many other crypto currencies such as Ethereum, Ripple, Litecoin, etc. The price of bitcoin is higher than that of any other crypto currency. So many people use other crypto currencies to switch to bitcoin-avoiding price deviations. This contributes to the spike bitcoin.

Topic: Factors that affects the value of bitcoin... - page 13. (Read 5253 times)