Topic: Factors that affects the value of bitcoin... - page 3. (Read 5273 times)
News FUD hype free money like last year bch hardfork. Good news increase the price of bitcoin whereas bad news cause dump in bitcoin price.
Bitcoin became the first asset that began to be used as the blockchain technology, which turned out to be generally necessary.
How can you say that Bitcoin is necessary or maybe essential to us? Bitcoin is just a part of my investment, there are a lot of other investments out there and Bitcoin is just at the top of it all. It's value is affected by the transactions being made by us investors or people that are using it, the more transactions are being made means more demand and more value.
Bitcoin became the first asset that began to be used as the blockchain technology, which turned out to be generally necessary.
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.
We live in the age of information. Every day we can obtain information from vast variety of different sources. Your first steps in analyzing the markets should start from knowing how to filter out the needed information from media around you. Don’t forget that ALWAYS information can be manipulated(bought and sold). Example of factors affecting Bitcoin are : constant FUD that Bitcoin might drop to 1k. Uncertainty about legal status of cryptocurrency in different countries and jurisdictions, uncertainty about ETF and many more. Learn how to analyze the market with iron hands.
When some rich guy #1 buys millions worth btc, the price goes up.
Then he waits some time for others to think: Oh this thing is going up, am going to buy this now!
And then others follow him thinking how they will earn ton of money and the price of course goes up.
Then rich guy #1 sells everything on a higher price than it was before he bought it and he earns ton of money.
Simple
Then he waits some time for others to think: Oh this thing is going up, am going to buy this now!
And then others follow him thinking how they will earn ton of money and the price of course goes up.
Then rich guy #1 sells everything on a higher price than it was before he bought it and he earns ton of money.
Simple
Hey guys, i need some suggestions and opinions about this.
The price of bitcoin, like any commodity, is formed on the basis of supply and demand. This is the basis for the exchange rate formation of the crypto currency.Why there is a demand for this or that asset?
the news background is one of the key factors that influences the decision to buy or sell Bitcoin. Information can be either positive or negative.
With a bad news background, panic begins - the key psychological moment of trade, the result of which, as a rule, is a depreciation
I think why the price of bitcoin is always fluctuating due to many factors including bitcoin is still illegal in some countries, the spread of negative issues about bitcoin, has not been legitimated as a legal payment instrument in some countries. If only all of these things could be solved, maybe the price of bitcoin would soar
Basically all of them depends upon and specially stock exchange and cryptocurrency on the law of demand and supply, these is the most common law used and applied and used in the consumption industry or the general market, where this variables are inverse in relationship. If supply is high, and demand is low, then the price is low. The effect is inverse if the other factor is considered 
For me factor that can effect huge in bitcoin value is people who didnt think right. They always want is to insured thier money but they didnt know that bitcoin will be more than we expect
The factors that influence the value of bitcoin in my opinion are many, and what is very influential is fake news and it greatly affects investors and bitcoin users feeling scared.
they're bitcoin users because they feel scared and then sell all bitcoin at the wrong time, and there are lots of other news that affects the value of bitcoin and I hope it ends quickly and hopes bitcoin will rise again.
they're bitcoin users because they feel scared and then sell all bitcoin at the wrong time, and there are lots of other news that affects the value of bitcoin and I hope it ends quickly and hopes bitcoin will rise again.
The value of bitcoin is affected only by one factor, this is the number of people who will buy bitcoin, after which it will start to grow up.
Limited supply, fluctuating demand. with more bitcoin being sold, the supply lessens making the price go up.
Media attention, Positive news drives prices up, while negative publicity fosters fear and causes investors to let go of their coins.
Government regulations, Depending on the regulations, they can cause prices to go up or down. For instance, Japan decided to accept cryptocurrency as a form of legal payment back in April 2017, sparking a surge in Bitcoin price.
Media attention, Positive news drives prices up, while negative publicity fosters fear and causes investors to let go of their coins.
Government regulations, Depending on the regulations, they can cause prices to go up or down. For instance, Japan decided to accept cryptocurrency as a form of legal payment back in April 2017, sparking a surge in Bitcoin price.
I think why the price of bitcoin is always fluctuating due to many factors including bitcoin is still illegal in some countries, the spread of negative issues about bitcoin, has not been legitimated as a legal payment instrument in some countries. If only all of these things could be solved, maybe the price of bitcoin would soar
I think that at this stage of development Bitcoin depends on the government that is, it is from the decision of the ETF and of course from the bullish mood in the market !)
The utmost affect is the demand factor which is involved in almost all type of investment sources, if we demand for it then it exists and if we do not then it does not exist forever. We need the Bitcoin for the ease it makes for us that is why we are investing in it as an investment source it benefits us a lot. Furthermore its payment mode use is also in benefit and of great importance among all the payment sources.
there are many factors that affect the price of bitcoin but in my opinion that is very influential on the price of bitcoin is news, especially negative news about bitcoin, I think a lot of news is made by someone to reduce the value of bitcoin
Here the big role of news that goes around bitcoin and all the crypto currency in the world. Various news on the adoption or prohibition of use in countries, whether it can be considered its currency and other financial and legal aspects. Seasonality also affects - in the summer a quiet period by the autumn the market of crypto-currencies revives. The number of services and goods is constantly growing which can be purchased for digital money - this enhances them. I participate in ico projects and in parallel I invest in crypto currency - thus helping to strengthen the positions of bitcoin and other digital coins.
The main factor affecting the price of bitcoin is the trend in the market, that is, the number of people who are willing to buy it for this price! I believe that the global economy does not affect its price, only its own industry, for example, began to grow when there was a hard fork and all owners of bitcoins received additional bitcoin cash.
Internet and social media has huge power nova days, i negative post can cost millions of loss. Lately there have been way to much fuss around bitcoin, and not all publicity is good, when it comes to bitcoin. Besides governments with their numerous regulations in this field... Sure, it will affect the coin!
Of course the most important is investors who influence the value of bitcoin. The higher the demand, the higher the price. This is the same as if we trade.
I also think that investors are the main factor affecting bitcoins.
Of course the most important is investors who influence the value of bitcoin. The higher the demand, the higher the price. This is the same as if we trade.
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