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Topic: Factors that affects the value of bitcoin... - page 31. (Read 5273 times)

hero member
Activity: 770
Merit: 500
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.
Bitcoin is a decentralized currency and nothing can affect its price but only the supply and demand of it in the market. None of the government can affect it and none of the policy can affect it but when people afraid from these policies then they start selling their coins and the coin drop in market. If we will support it strongly then we will see a much bigger rise in the value of bitcoin.
member
Activity: 138
Merit: 15
Its more based on the demand in the market. Basically, its all dependent on how holders react on different situation like FUD and panic selling. Most who are to bitcoin investment are easily ditracted on negative livestream media news which causes wrong impression about the use and function of bitcoin. There is no denying that bitcoin are used also for illegal activity which causes other people to pay no interest on it. Demand is the key factor, that is why a development team should work on making the community great.
sr. member
Activity: 994
Merit: 256
Please manipulations by the giants in the industry cause fear and panic in people like me who are yet to understand the industry very well.By so doing,people will sell cheap out of the fear of losing their income , hence the price of the coin is affected badly.
Do not make complications for yourself and just look at the market which tells you the current demand rate of the Bitcoin which affects the value and affected in the current situations. The value fell down at 6.2k dollar yesterday and today we see improvement in the value which is 6.4k dollar. It means that the market does not affect permanently by its factors and recovers soon.
full member
Activity: 406
Merit: 121
Bitcoin cost is dictated by the requirement for settling certain conditions, which are additionally named as mining. This structures the supply part.The other part is the interest for Bitcoins, which depends on the mindfulness about Bitcoin, its ubiquity, trust among crypto network individuals, and considerably more. In the event that the request is high and the supply does not take care of the demand, this causes a spike in the Bitcoin rate.
jr. member
Activity: 118
Merit: 1
Hey guys,  i need some suggestions and opinions about this.

There are a lot.
Trace Mayer wrote about Bitcoin's 7 network effects, which will have a huge impact on the price over the long run, we are spaking about decades here.
As I can not summarize all the things as good as Trace can, I recommend you to read the following two articles...
http://www.runtogold.com/the-rise-of-the-fourth-great-bitcoin-bubble/

http://www.runtogold.com/the-great-bitcoin-bull-market-of-2017/

Furthermore it is very important tu understand that Bitcoin was and is the first coin created ever ( first mover advantage) and the only one with a real grassroot movement. And therefore it is the most decentralized crypto coin without any lead figure, what can not be said about the overwhelming majority of altcoins. If you don't know why I write this, I'm aiming on single point of failures and attack vectors.

If you search a bit on youtube regarding Trace Mayer and why Bitcoin could reach extremely high value you'll find some really great interviews which you can listen to.


Yes, you are right, because the volume of Bitcoin is not much and the circulation is uneven, so the Bitcoin movement is very sensitive to the actions of the holder. When a person buys or sells Bitcoin in large quantities, then the price can instantly move extreme. If in the future Bitcoin volume increases and distribution is distributed evenly, then volatility will slack off by itself.
Pab
legendary
Activity: 1862
Merit: 1012
Currently  it is speculation and only speculation related to bitcoin futures
they are using all that kind methods what they have been used to fraud gold trading
It is all illegal trading and CFTC wants to investigate that
Crypto  trading needs regulations.If exchanges want our KYC than they can also prevent users from illegal trading
Money is money people are losing  because some fat guys are doing whatever they want to do
hero member
Activity: 1008
Merit: 540
Hey guys,  i need some suggestions and opinions about this.
The reason why bitcoin value are rising and falling at the same time is just because the market demand or simply the users. But there's a numerous negative issues in media that are spreading and government are still trying to ban this system because of that issues people are scared and choose not to use bitcoin so that the less demand the less value of bitcoin. The more demand the more value of bitcoin.

Agreed, there are so many fake speculations about Bitcoin, mostly are negative comments or articles about bitcoin will end or the crypto itself, These guys are actually no knowledge about Bitcoin or in Crytpo itself, the just give their opinion to this matter, There are so many fake news out there , Don't just believe in media, not all their reports are true, always trust yourself ,researching about facts will help you know more about crypto , always trust on facts other that bluffs.
member
Activity: 266
Merit: 10
With the help of query analysis in search engines it was proved that interest in btc also has a significant effect on their rate. Analysts have found that a significant increase in searches in the Google search engine on the topic of crypto currency is accompanied by an increase in its rate. The more attention people show to btc, the more they are used, and this is the main factor determining the course of any money.
member
Activity: 324
Merit: 10
As the fiat money goes to absolute depreciation, in the future bitcoin will become a popular choice for state reserves. When the state currencies fail and are replaced by bitcoin, the crypto currency will complete the transition from the value store to the recognized means of exchange.
member
Activity: 448
Merit: 10
I think the thing that most affects bitcoin prices is legality, because legality is proof if something has been received.
Well it is true that in some countries bitcoin has  become so high in vale and price after being legal, legality is considered to be a sign of safety, in additional to it some fetters  that effects the value of bitcoin are, good news, bad news, so people should not listen to bad news and make own researches, 2nd   is panic selling, so it is all lose if you sell at panic price, 3rd is more investment so the more we will invest the more price and value of bitcoin will get high.
newbie
Activity: 196
Merit: 0
Bad news,fake news,scams and hacking are some factors that affects the value of bitcoin.Because of these factors,people are getting panic and tend to sell their coins to avoid or cut some looses.With this panic selling the value of bitcoin decreases because the supply is getting high.
sr. member
Activity: 462
Merit: 250
Arianee:Smart-link Connecting Owners,Assets,Brands
There's a lot of factors that can affect the value of bitcoin. We see how the bitcoin grows high and go low fast. For us to be on the right track, we should analyze what are the factors affecting the value of bitcoin. Also we know how our dollars and foreign stocks also goes low. Just like in bitcoin, we should have the best analysis to know it
newbie
Activity: 111
Merit: 0
Factors that influence the value of the bitcoin:

1) government bitcoin policies and laws
2) political situation
3) social trends
4) appearance of new competitors
5) artificial influence on the value by trading at the crypto market
6) news (not always true one)

and many more. Could be something new will appear in the future. Did I miss anything?



Yes, I agree. All will form FUDs to threaten the value and psychology of investors. We can see the past is a panic from the market. One of them is the hacker problem from a Korean coinrail trading platform. It is spreading a tendency to drop prices very fast. It is a fact that the crypto market this year is very sensitive and easily melted. But it does not last long.
hero member
Activity: 994
Merit: 507
Hey guys,  i need some suggestions and opinions about this.
The reason why bitcoin value are rising and falling at the same time is just because the market demand or simply the users. But there's a numerous negative issues in media that are spreading and government are still trying to ban this system because of that issues people are scared and choose not to use bitcoin so that the less demand the less value of bitcoin. The more demand the more value of bitcoin.
hero member
Activity: 896
Merit: 514
Hey guys,  i need some suggestions and opinions about this.



Value of bitcoin is in the line of one direction no factor can affect the value of bitcoin it is only because of INVESTORS, TRADERS and  other types of transaction related to bitcoin. this is not like an ELECTRIC CAR uses supposedly use for the entire country to protect our environment that affect to OIL INDUSTRY.
The most common factor which controls the amount of market outcome which is called the actual price of Bitcoin for buyers is the demand factor. Demand factor is depending on people how they react to the market, if they are taking more interest in the market then the rate of demand will increase and vice versa.

In current market the demand of people is not increasing and this is due to one reason that people invested in high markets and now do not want to sell now however some are selling as they are with less profit.
member
Activity: 238
Merit: 10
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.
full member
Activity: 1638
Merit: 122
Please manipulations by the giants in the industry cause fear and panic in people like me who are yet to understand the industry very well.By so doing,people will sell cheap out of the fear of losing their income , hence the price of the coin is affected badly.

yes. manipulation caused by those giant companies and whales are one of the factor that affects the value of bitcoin. another one is panicking caused by these events can also affect the current value of the coins because there are some people will sell thier coins on a cheaper price after theyve read the news regarding on market manipulation.

aside from that , there were still alot of factors that affects the value of bitcoin but we should not get affected to it because  we are the ones who will loose more if ever we started to panic sell.
hero member
Activity: 980
Merit: 506
Hey guys,  i need some suggestions and opinions about this.
what I know the consequences of bitcoin falling prices are bad news about cryptocurrency and government policy policies in a conflicting country about Bitcoin and Altcoin
In my opinion, the only thing which matters the most when it comes to that of determining the market value of any of the crypto coin is none other than that of the demand and supply of the coin in the international market and the decision which is being made in term of buying or selling of that coin by the whales who have the major part of investment into that coin. This is the reason why the market value of the crypto coins keeps on changing.
Other than that, of the demand and supply factor, there is one more thing which counts a lot when it comes to that of the deciding the market value of any of the crypto coin and that is the role which is being played by the big whales who have invested a huge amount of their money into different crypto coins. Moreover, the role of government also matters when it comes to that of deciding the market value of the coin.
newbie
Activity: 14
Merit: 0
Please manipulations by the giants in the industry cause fear and panic in people like me who are yet to understand the industry very well.By so doing,people will sell cheap out of the fear of losing their income , hence the price of the coin is affected badly.
sr. member
Activity: 882
Merit: 251
I believe there are lots of things that affects the price of Bitcoin and the devs too can play a role in controlling the price of Bitcoin and other cryptocurrencies. Just check out Bitcoin and compare it to other cryptocurrencies, you will get to see that it is more volatile then every other cryptocurrencies we have in the market. ETH is less volatile and doesn’t fluctuate much like Bitcoin does. So believe it or not, the devs also plays a role in this.

As for the volatility of Ethereum and Bitcoin, here they are almost the same. Bitcoin is always affected by the news that appears in mass media, by the forks of BTC. Naturally, the whales can manipulate Bitcoin prices.
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