Topic: Factors that affects the value of bitcoin... - page 17. (Read 5274 times)

1. Demand: If the demand of Bitcoin is more in relation to supply then this causes an increase in its price. Since supply is fixed, it is expected that the price will keep on increasing.
2. Government regulations: This has a direct affect on the demand of Bitcoin among investors. Regulations made against Bitcoin will obviously decrease its demand and regulations in favor of it will increase it.
3. Community: The community of Bitcoin also affects its value. Bitcoin’s community exhibits great faith in Bitcoin which helps to keep Bitcoin the king of the market despite so many more cryptos coming up.

Few factors which have affect on the value of Bitcoin including the demand rate factor which has great affect on it and alters in the direction in which the demand rate moves. Furthermore negative news in the market when people have negative perceptions about market affects the demand rate. Now days the up going value indicates that demand rate is increasing which is a good sign.

So we can say that a threat to popularity is a threat to the demand of the coins and it will result in price drop. Quite logical. Not just that but the growing number of hackers in the market makes it uncomfortable and risky to invest in crypto.

This leads to price drop. One has to have the important skills to keep the wallet secure. Volatility is another reason due to which in the down market, people sell their coins and it further drops the value. Government ban on the technology is another reason among many.

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.

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).

Apart from bad news, political instability, pump and dump and other factors which have been mentioned their is also the problem of propaganda-like bitcoin is dead, it shall never rise again, government will ban crypto soon etc all this  have a destructive influence on bitcoin

Current value is 6745 dollar which came after increase in value this morning which is a step towards better future. This improvement is due to the demand of people which is responsible for price movement as it moved in upward direction so it indicates that the demand rate increased. If this increase continues to grow in the upcoming days then we all may get benefit soon in high market.

indeed news that contains negative factors to the bitcoin is very make down the price of bitcoin. especially when there are still many gosib circulating about bitcoin. so now the situation pasr it less improved.

I ponder the components that can impact the bitcoin cost is horrendous news or FUD's that would holders have the capacity to offer their bitcoin in light of the way that they trust that the cost of bitcoin will drop and the other factor is there are some social occasion of a pump and dump that can control the estimation of bitcoin and the other thing is there are various swindlers out there that use bitcoin as their presentation that is the reason people didn't trust bitcoin because of this reason.

Bitcoin price is being controlled by Miners of BTC they are trying to eliminate smaller units of Mining to overtake the market of mining and supermacy

Our ongoing research reveals four factors that affect the price of Bitcoin. These include media hype and uptake by peers, political uncertainty and risk (such as the election of Donald Trump or the vote for Brexit), moves by governments and regulators, and the governance of Bitcoin itself.

The cost of mining is the most direct factor that affects the value of Bitcoin.

In my opinion, the main factor affecting the bitcoin value is the level of market demand. If market demand is high, then the price will certainly increase and vice versa. Then the news factor. How the news was mentioned about Bitcoin. If the news contains negative elements usually bitcoin prices become down.

There are many factors that affects the value of Bitcoin mainly, the law of supply and demand. Bitcoin's supply is limited, we all know it is just 21 Million, hence the demand would be a great factor in the rising or falling of its value. If there is a lot of demand, then the price will go up, same goes when there is no or decreasing demand, the price will go down. FUDs would have great effect on the people's interest, that interest the the core source of the demand, hence it will have a big hand on the activity. Most of the time it is volatile because the source of interest would be the people, more often than not, people tend to act based on emotions, panic etc.

Negative news is the big factor that affecting bitcoin and cryptocurrency market value. Negative news make peoples panic with their investment and peoples selling their investment on cheaper price. Its happen because government not issuing regulation in many country.

There are certain factors which affetcts the price or value of bitcoin. Specially the supply and demand. And other factors are government rules and regulations with taxation of bitcoin transactions in some countries.

I think the major factor is simple dumping and buying. When more people are dumping the price goes down, and also makes people who were planning on buying not buy. Thus the dumping continues. FUD affects this greatly.

In my opinion, there are many factors that influence the decrease and increase of bitcoin prices, such as the amount of supply, negative and positive issues, bans and endorsements in some countries, and most probably the activity of the market itself

Yes i agree on that, the negative news has really a direct effect on the current price of the bitcoin. Because bitcoin price is really depend on the volume of the investors in the market place and the voukeme of the investors may become affected of the negative news from anywhere.

The factors influencing the price of bitcoin are the increasing demand of the market for the supply of the market, such as the policies of law and the government, which strongly influenced the price of bitcoin.