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Topic: Factors that affects the value of bitcoin... - page 34. (Read 5273 times)

newbie
Activity: 60
Merit: 0
Media hype. Bitcoin was ALL OVER the news last year, and the price went from under $1,000 to $20,000. That is huge. Then people took profit.
sr. member
Activity: 700
Merit: 252
Many factors in our way because the volatility value of bitcoin may affects of all users who invest in bitcoin then all of its issues that surround so you can do now is think more positive about it.
indeed it is that the proliferation of btc is quite a lot, but that is very influential btc users who use btc to be developed such as investment. but these factors also sometimes experience problems like people's disbelief.
jr. member
Activity: 86
Merit: 4
Adoption is what can make BTC reach unbelievable records. As long as the volumes stay that low, there is no magic can happen.
jr. member
Activity: 96
Merit: 1
The biggest that I'm seeing is manipulation by people who have lots of them. I mean isn't that really what's been messing with the Bitcoin price the last few months?
newbie
Activity: 53
Merit: 0
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.
member
Activity: 181
Merit: 12
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.
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.
full member
Activity: 420
Merit: 102
Hey guys,  i need some suggestions and opinions about this.

FUD and news all over the world. - the negative issue with bitcoin make beginners panic and sell their token at low.
demand and supply, every day the demand of bitcoin increase and people numbers are getting higher while the supplies remain as it is.
regulation from different countries and banning bitcoin use on their territory.
That’s right, FUD is one of the most impacts that make many people sell in panic. FUD is such a harmful syndrom, a strategy of spreading bad news , which makes people lose their control and then selling with low. Whales usually take advantages of FUD to control the market. Truly although most people had been aware of this bad syndrome, but often they had fallen in to this type of factors. In general, there are many different factors that affects the value of bitcoin and FUD and whales is just the mainstream these days.
member
Activity: 280
Merit: 10
They are many! News, fake news, whales and every other thing! It feels like everything in a world affects the bitcoin price!
newbie
Activity: 4
Merit: 0
In my judgement, the availability of local bitcoin retail brokers is the major factor. Bitcoin price is determined by supply and demand
full member
Activity: 560
Merit: 100
Many factors in our way because the volatility value of bitcoin may affects of all users who invest in bitcoin then all of its issues that surround so you can do now is think more positive about it.
member
Activity: 328
Merit: 10
Very many factors affecting the price of these bitcoins ranging from negative and positive news, the prohibition in some countries and the supply available, with some of the most influential factors that make bitcoin possible will degenerate may also soar very high
full member
Activity: 759
Merit: 105
Hey guys,  i need some suggestions and opinions about this.

In my own opinion, those people who are creating fud is the reason why the price of cryptocurrency is decreasing so much, another thing is that those big companies like banks as well is creating a way in order to stop the growth of cryptocurrency.
Not to mention that we also have whales that could manipulate the price. So i could say that there is too many factors that can affect the volatility and price of bitcoin but i think banks have nothing to do with this but instead banks are trying to put some regulations in order for all of us to converts crypto currency into fiat with the help of exchanges.
newbie
Activity: 266
Merit: 0
Hey guys,  i need some suggestions and opinions about this.


The big factor that affect Bitcoin is because of more people make their own business override the name Bitcoin then they will convince of many investor to join their business, they will provide a big capital for investment but eventualy all money become zero and the owner is suddenly unknown. That's the scenario become negative impact for Bitcoin.
member
Activity: 322
Merit: 10
Bitcoin as a concept was intended to cause disruption in the system. Riding on the disruptive technology called blockchian. So the technology can affect the value of bitcoin. For example, the advent of ethereum and it's blockchian has affected bitcoin to some extent because some altcions that solve problems hitherto will be solved by bitcoin.

The media has a big influence on the value of bitcoin. A single news item can turn the value bitcoin for good or bad, depending on the news. So many around the world withdrew from investing in bitcoin dew to media reports that Chinese plan to ban bitcoin.

Players in the bitcoin ecosystem influences the value of bitcoin. Miners, users and developers have a measure of influence on bitcoin.

member
Activity: 322
Merit: 10
Hey guys,  i need some suggestions and opinions about this.

In my own opinion, those people who are creating fud is the reason why the price of cryptocurrency is decreasing so much, another thing is that those big companies like banks as well is creating a way in order to stop the growth of cryptocurrency.
hero member
Activity: 826
Merit: 501
Hey guys,  i need some suggestions and opinions about this.
Bitcoin is consider as a currency, it is also being use as an investment because of its high value. Aside from the usual factors that affects the movement of investment price, like demand, supply, speculations, and regulations. There are other underlying factors that affect the periodical movement of bitcoin's price, some of these factors are coming from the actual transactions of bitcoin against the other competing coins in the market sale. It takes a lot of studies related to economics and marketing to understand it clearly.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
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.
I think the devs cannot control the price of their cryptocurrencies unless the dev got the majority of the supply and that will become the reason for the market of that particular coin or token to get controlled of its price and that is what we should always remember because most of the time the person or group of people that manipulates the price are the rich ones and big time players.
newbie
Activity: 84
Merit: 0
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
full member
Activity: 566
Merit: 102
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.
hero member
Activity: 910
Merit: 512
The factor that causes bitcoin prices to improve is that many users are enthusiastic to buy, if more users buy more of course it will make the price skyrocket.
Yes that’s true man, you’re very right. When people are enthusiastic about Bitcoin it can also get the price high cause it leads to many people investing money in it. But when there is panic, which is likely to occur due to news released by the media, the price of Bitcoin will start to go down.

That is because people starts to withdraw when they don’t believe that price will go further. Investors are mainly those that affects the value of Bitcoin and other cryptocurrencies.
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