Topic: Factors that affects the value of bitcoin... - page 29. (Read 5273 times)
Many factors affect the price of bitcoin but the major one is bad news or wrong speculation. Governmernment policies and intentions to control and regulate Bitcoin. Take for instance Indian central bank that instructed all the banks in India stop transaction of all cryptocurrencies. Oversupply or surplus bitcoin in the market etc
according to my personal observations, the most affecting the price of bitcoin is the media, information.
if the media preach bad about bitcoin then bitcoin will go down. and vice versa.
if the media preach bad about bitcoin then bitcoin will go down. and vice versa.
That's correct. Tweets from famous people, leaked information, FUD (like the one about a ban in Korea). We're lacking real investigative journalism, one that doesn't follow news without confirming. Every crypto news site wants to be the first and publishes information based on hearsay and info copied from other sites.
People are so afraid of crypto being squashed by governments that they're overreacting every time FUD gets published. We are already in such a face of overreaction and mark my words, if BTC goes below 6000 USD it's going to be a parade of suicidal crybabies on the forum again.
There are a lot of factor indicators that affect the Bitcoin price value in the market, Yes, bad news or good news affect the market on crypto currency in the trading, anything about Bitcoin related news posted in social media crypto currency market trading reacts, the price value may goes down or goes up if the posted news is more favorable to the investors,but still, let's not forget that with good fundamentals, stable market value, and with the growing interest of new investors for Bitcoin, at least Bitcoin remain on top of among all the ALT coin.
Many many factors and at the same time, making it very hard to predict any major movement:
-news (true and fake ones)
-market movements
-new cryptos
-government policies
-social trends
Also stuff that we are not aware and behind the scene massive manipulations!
-news (true and fake ones)
-market movements
-new cryptos
-government policies
-social trends
Also stuff that we are not aware and behind the scene massive manipulations!
For me, one of the factor that affects the value of bitcoin is the false informations that social media created regarding bitcoin. These may affect those potential investors who wants to invest in bitcoin.
Hey guys, i need some suggestions and opinions about this.
Why Bitcoin Value Fluctuates? Factors that affect Bitcoin also have an impact on other currencies. The main reason for the fluctuation of Bitcoin is due to the stage that it is in. Currently, the coin is still in the development and nascent stage. Too many rumors exist around how legal the currency is. The common citizen is learning about the existence of the currency. Presently, the digital currency can be compared to a young child growing up; it becomes hard to determine the growth pattern of the child until they reach a certain stage of maturity. In the short term, though, there are plenty of factors that contribute to the fluctuation of Bitcoin value.
There may be several factors that affect the value of this bitcoin example such as positive and negative reporting, banning or endorsement in some countries, if often in negative news then the price of this bitcoin will go down and also the bitcoin price is determined by the supply of bitcoin available.
A lot of factors affect bitcoin value. criticism from great governments and other great people who sees bitcoin as a threat to their economy, whale members, fake news about bitcoin, demand and supply. All these factors come to play to affect the value of bitcoin. I will term it as co-factors or multiple factors.
most important factor that effort bitcoin is the news related to government agencies take action on cryptocurrency exchange and hacking news
Of course the government behavior towards the crypto currencies can affect the values of Bitcoin. The price stability in the market also plays an important role in the price fluctuation. The market demand may also rise or fall due to any reason and is a main reason why the prices are so volatile. There are also the price manipulators in the market. These whales and sharks really have the power to manipulate the crypto market. 
1. The supply and demand of Bitcoin affects the price of Bitcoin greatly. The increase in demand cause prices to rise and vice-versa.
2. The regulations enforced by government or their view upon it.
3. The news regarding Bitcoin in the market. Negative or positive publicity. Media also has a great influence.
4. Last, the community supporting or behind Bitcoin.
2. The regulations enforced by government or their view upon it.
3. The news regarding Bitcoin in the market. Negative or positive publicity. Media also has a great influence.
4. Last, the community supporting or behind Bitcoin.
Hey guys, i need some suggestions and opinions about this.
A lot of factors that can affect the bitcoin price, like the issues of banning cryptocurrency in some other country, the fake news spreading by the social media. Fear Uncertainty Doubt and some othe big whales who want to manipulate the bitcoin price in the market. This are main elements why bitcoin incounter this affect.
The value of bitcoin that make it high and low in the market ,it is because the volatility characteristics of cryptocurrency, but there are factors for this vomatility ,it maybe the supply and demand of that certain coin ,exactly the bitcoin when their is much selling the supply is many causing the the low of value , but when holders of coins do not sell their coins so lower supply and the value rose higher.
Actually there are lots of factors that affects the value of bitcoin, one of those are the number of investors invested and the number of people who stop investing. It is a matter also to supply and demand in crypto currency market.
The value of bitcoin that make it high and low in the market ,it is because the volatility characteristics of cryptocurrency, but there are factors for this vomatility ,it maybe the supply and demand of that certain coin ,exactly the bitcoin when their is much selling the supply is many causing the the low of value , but when holders of coins do not sell their coins so lower supply and the value rose higher.
Level of demand. At present demand of bitcoin is based on the exchange trading. We need to start significant trading of goods and service that to go beyond is it.
most important factor that effort bitcoin is the news related to government agencies take action on cryptocurrency exchange and hacking news
There are many factors that can affects cryptocurrency especially bitcoin price. On this factor is when the bigger investors sell their cryptos when they feel uncomfortable to hold their bitcoin with a long time period because of dropping down the price. So that even smaller investors would fanic because of this event.
Hey guys, i need some suggestions and opinions about this.
The factors that I know which affect the value of Bitcoin is the law of supply and demand. Whenever there are people dumping their stocks, the price of Bitcoin will start to drop due to abundant supply. Yet when people hodl Bitcoin and stop selling for a period of time, then that would be the time that bitcoins price will go higher.
now a lot of all sorts of coins, but they are not close enough to bitcoin. I think the price for the New Year will again soar very strongly. We are waiting for new investors and forecast a price of $ 20,000
Hey guys, i need some suggestions and opinions about this.
I think something that really affects bitcoin is the demand and government policy about bitcoin itself, because in every country the policy is different.
and that affect the value of the next bitcoin is a medium that gives a vague word of truth that makes bitcoin holders and investors panicked. those things are influential
The buying and selling in the market place basically affects the value of bitcoin. Others may include the popularity of the product and its stability.
Well, there can be many reason that can influence or affect bitcoin's value. Among all the news I think the investors who invest without the patience and sell them in low rate, makes a great affect on the price. The price of bitcoin is based on the supply and demand relationship. If the demand is high then the price of new bitcoin can increase. But when demand drops, the price of bitcoin will decrease. But the most important thing is the news
They have got this huge and drastic impact, for that we are calling them whales. They wouldn’t be called as whales if they’re like other people who are waiting for others to change the prices of bitcoins. No doubt that the reason that you have given which affect the price of BTCs are all true and the major one between them is the demand of BTCs
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