Factors that affects the value of bitcoin... - page 14.

Sled

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Bitcoin- in bullish time

Quote from: dillema018 on July 26, 2018, 07:04:06 PM

Quote from: V. J. Meyer on July 26, 2018, 05:18:59 PM

Quote from: bajigur894784 on July 26, 2018, 12:43:34 PM

There are many factors that affect the value of bitcoin, one of which is the speculation of bitcoin traders. Because the trader's primary goal is to profit from the difference in Bitcoin price fluctuations, they are the fastest responding to a global issue. Whether is materialized in a buy or sell action, I think the often speculative action obviously has a major effect on the volatility of Bitcoin value.

Bitcoin and most other coin in this market are dominated by whale investors, which is quite clear in the past time when the market continuously dropped dramatically. The bad news also has a huge impact on the cryptocurrency market, because the market cap of the market is still small so the volatility in the market is very obvious.

I think the factors affects the value of bitcoin will be the people who are spreading fake news and the panic sellers itself, because of them people are dumping their funds without any hesitations and without further thinking of its possibility to have profit.

In short it is the FUD, the fud is the main reason why there are people who are shilling fake news and why there are people who are panic selling. It is hard to maintain a good value for bitcoin if there are people who are spreading FUDs and other type of news that is just created to create more panic in the market but the good thing is, we can just ignore them and mind our own strategies.

Luana Trade

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one of the factors is bitcoin shedding in the market because when it reaches a high without demand happens the derration in bitcoin and always has more than people to buy

dillema018

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Quote from: V. J. Meyer on July 26, 2018, 05:18:59 PM

Quote from: bajigur894784 on July 26, 2018, 12:43:34 PM

There are many factors that affect the value of bitcoin, one of which is the speculation of bitcoin traders. Because the trader's primary goal is to profit from the difference in Bitcoin price fluctuations, they are the fastest responding to a global issue. Whether is materialized in a buy or sell action, I think the often speculative action obviously has a major effect on the volatility of Bitcoin value.

Bitcoin and most other coin in this market are dominated by whale investors, which is quite clear in the past time when the market continuously dropped dramatically. The bad news also has a huge impact on the cryptocurrency market, because the market cap of the market is still small so the volatility in the market is very obvious.

I think the factors affects the value of bitcoin will be the people who are spreading fake news and the panic sellers itself, because of them people are dumping their funds without any hesitations and without further thinking of its possibility to have profit.

V. J. Meyer

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Quote from: bajigur894784 on July 26, 2018, 12:43:34 PM

There are many factors that affect the value of bitcoin, one of which is the speculation of bitcoin traders. Because the trader's primary goal is to profit from the difference in Bitcoin price fluctuations, they are the fastest responding to a global issue. Whether is materialized in a buy or sell action, I think the often speculative action obviously has a major effect on the volatility of Bitcoin value.

Bitcoin and most other coin in this market are dominated by whale investors, which is quite clear in the past time when the market continuously dropped dramatically. The bad news also has a huge impact on the cryptocurrency market, because the market cap of the market is still small so the volatility in the market is very obvious.

Norihiro

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APOLLOX Protocol

Information has the biggest influence in this question I think. Any news, any rumour make such a strong reaction that there's absolutely no doubt for me about their influence here.

Lodipetmalu

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The main factors for me that affect the value of bitcoin was the people who are engage in bitcoin. The more people who are willing to buy bitcoin the higher the value of bitcoin, but the lesser people who are interested on it wil lead to price drop.

GokeVN

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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.

bajigur894784

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There are many factors that affect the value of bitcoin, one of which is the speculation of bitcoin traders. Because the trader's primary goal is to profit from the difference in Bitcoin price fluctuations, they are the fastest responding to a global issue. Whether is materialized in a buy or sell action, I think the often speculative action obviously has a major effect on the volatility of Bitcoin value.

renggileh

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I think the most influential on the price of bitcoin is the media that always expose FUD.

Popov_popov

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Opinion of people and its popularity. This is the main factor supporting bitcoin.

malibogako2018

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There are many factors that affectad bitcoin price in the market, the quarter of the year is the one reason like if we are in the second quarter btc drops, some might reason is false news and the people who panic selling or they change it in altcoins.

patron bounty

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many factors affect the value of bitcoin.
the media that spread FUD, panic sell among investors, as well as whales.
they can damage the market in an instant.

nabinkhadka

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in my opinion factors affecting bitcoin prices are greed , fear , supply and demand. And the most important factor that affects bitcoin price is the manipulation from exchanges owners , big whales etc.

Boh manok

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Probably the greatest effect on the value of Bitcoin is the supply of bitcoin, supply and demand, maybe this will greatly affect the fall and rise of bitcoin and if you want to bharag back up then buy as many coins as possible

kingter godd

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Quote from: Sedorikku on May 31, 2018, 10:37:08 AM

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

There are many people thinking that bitcoin will drop any moment and that's right. There are many factors aside from it can make this happen.

Fasunathan

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Quote from: tantimutz on July 26, 2018, 05:58:58 AM

In my opinion, there are many elements that affect the cost of bitcoin costs and one of them is a simple supply and demand factor, many of which allege that whales contribute to the cost of market prices against altcoin volatility, because if the whale has large capitalinvesting bitcoin after they dump their bitcoin then there may be so many supply of coins in the market and this keeps the price down .

When the demand rises it will lessen the supply, and typically you'll be able to see the effect on the price which made it expensive. Long term traders now can sell their holdings to profitable value. By the time they're dumping their coins, the supply will rise higher so the value of the coin became cheaper. With respect to the whales, it depends on them on how they'll be able to proliferate their asset to be diverted to bitcoin investments.

Gegege27

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Gold prices are based on this principle as well. Just like mining costs are primary influencing factors for gold
The Bitcoin price is determined by the need for solving certain equations, which are also termed as mining.

tantimutz

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In my opinion, there are many elements that affect the cost of bitcoin costs and one of them is a simple supply and demand factor, many of which allege that whales contribute to the cost of market prices against altcoin volatility, because if the whale has large capitalinvesting bitcoin after they dump their bitcoin then there may be so many supply of coins in the market and this keeps the price down .

davinchi

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Quote from: vessing on July 17, 2018, 04:59:26 AM

Quote from: Destofe on July 17, 2018, 03:53:03 AM

The first factor that affects the value of bitcoin is the Animal spirits. Economists have long had a notion that psychological factors affect investor decisions. This is called “animal spirits” and refers to investors making decisions based on the behaviour of other market participants and their own intuitions, rather than hard analysis.Analysis of the price of Bitcoin shows that positive media coverage is one of the main factors driving the price. Then the Political risk around national currencies can also affect the price of Bitcoin as people use it to hedge against price movements in a particular currency, or they need to quickly move large amounts of value out a country or currency. Next is the Regulatory moves , Regulators around the world have had to catch up to the rise of Bitcoin. They must decide, for instance, how it will be treated by the tax system, or whether and what regulation applies to its use. Finally is the Bitcoin’s governance,although Bitcoin is a decentralised currency, some decisions about how it will work or evolve need to be made from time to time. These also have an impact on the price.The software used to verify Bitcoin transactions is created by developers and is run by miners (the global network people who verify Bitcoin transactions).

The price of bitcoin is influenced by many factors and the speculative component in it is still quite high, but the crypto currency is developing and an interesting future awaits it.

Exactly it is growing and awaits a great future. Besides the price fluctuations in the values of Bitcoin, we still have a high demand for the crypto just because eth is widely spread in the market and is generally accepted as medium of exchange and store of value.

It has reduced the cost of transaction to great extent and to avail the services, people demand it in bulk which is the reason it is still going good in the market and a boom or two will rise the status further.

Michaelpascual

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In my opinion the factors that affects the value of bitcoin is the bitcoin supply and increasing/decreasing demands when you say bitcoin supply where can you get bitcoin how it produced example whe you are mining. Mining is where can you get frew bitcoins that is supply. When you say increasing/decreasing demands the demand for bitcoin is based on the awareness, popularity, trust among crypto community member and others. If the demand is high and the supply does not meet the demand, this causes a spike in the Bitcoin rate.the supply is very controlled. Thus it is expected that the price will keep on increasing.

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