Hey guys, i need some suggestions and opinions about this.
I think there are many factors that affect the value of bitcoin eg volume and the user itself, why the user? because we know that bitcoin prices are set by demand, for example whales I'm sure if there is whales prices will surely follow the movement of whales is either down or up. Trader speculation, the role of expert cryptocurrency in analyzing what happens to bitcoin also greatly affects the value of a crypto. 
Topic: Factors that affects the value of bitcoin... - page 41. (Read 5273 times)
Bitcoin's value is definitely determined by its investors. Especially large investors in the market have great influence in determining the price.
Fuds and scammers seemingly we won't have any chances to throw them away from crypto. Accepting that they are part of the community and its up to us how to manage our own emotions due to market change.
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.
Well said mate. This is really what will gonna happen if there is FUD and scammers. Volatility of cryptocurrency depends on it's community and investors so movements of prices will follow as long as there is such thing as that. One possible thing is that investors keep on buying Bitcoin and that is how scarcity works and will make the price skyrocket to the moon. That is why we need to keep calm and buy Bitcoin.
There are a few factors that affect the value of bitcoin. First is the demand of the bitcoin. It is said that bitcoin have a limited supply then its price would mainly depend on the demand of the people using it. When people sell the coins they own, the supply of coins would increase decreasing its price and demand. Another factor that affects its value is the legality of bitcoin in a certain country. Banning this coin would decrease its demand which also decreases its value.
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.
The factors that would affect the price value of Bitcoin in the trading market are a lot more issues, like the issue on the Banned, Scammer, and the persistent issue on Regulation specifically just like what was in the news now, Indian Government just announce that they will look into the possible regulation of Bitcoin and imposed taxes on any transaction on it, stability on the price posted on market, level of confidence of the investors, and a lot more, good news or bad news, all of this might affect the Bitcoin price at any given time. last but not the least are the movement of investment.
Hey guys, i need some suggestions and opinions about this.
Well, the value of Bitcoin depreciate because of several things, and some of those were the lesser amount of the investments occur during these days, hoarding of the people of their tokens, as well as the lesser times that the ICO and project teams pay their workers for the certain service that they have committed and specially the panic selling which we are all guilty about, it contributes a lot given that the bid list were stay at the same low amount.
peope are investing huge amount of money here some people are gaining more than that which we all want. but the problem is, not everyone is aware about FUD's. people believe in this made up newses which couses panic in peoples mind. and that leads to wrong decisions. in my eyes FUDs effect badly in the market.
Hey guys, i need some suggestions and opinions about this.
All negative factors like the hacking of major cryptocurrency exchanges, government crackdowns, criticism from influential people, FUDs, dumpers and panic sellers brings down the value of bitcoin. News of regulations can also make a negative impact on the price of bitcoin and many countries are reported planning to impose it. On the positive side, bitcoin react with rising price on every development that support it.
Most of the time when people see the word "regulations" they presume something negative while it is not necessarily the case. Imo most of the regulations which will be implemented in the future will create a better environment for cryptocurrencies in general. It is already obvious that there is no future without crypto and most government officials are not so stupid to be unaware of that.
There is a difference between "news of upcoming regulations" and the regulations themselves when they are implemented. And while the former affects the price of BTC negatively because people tend to prepare for the worst, the latter can have a positive impact being good news.
i need some suggestions and opinions about this.
I just want to say especially as about the news that affects it, try from some news you try to infer from the news you know from some sources/informs. In addition., we must also really know its progress from time to time such as interest/trust of course, but btw., I'm dare to ensure that it will last longer and would be higher despite fluctuations from time to time.Hey guys, i need some suggestions and opinions about this.
All negative factors like the hacking of major cryptocurrency exchanges, government crackdowns, criticism from influential people, FUDs, dumpers and panic sellers brings down the value of bitcoin. News of regulations can also make a negative impact on the price of bitcoin and many countries are reported planning to impose it. On the positive side, bitcoin react with rising price on every development that support it.
Most of the time when people see the word "regulations" they presume something negative while it is not necessarily the case. Imo most of the regulations which will be implemented in the future will create a better environment for cryptocurrencies in general. It is already obvious that there is no future without crypto and most government officials are not so stupid to be unaware of that.
There is a difference between "news of upcoming regulations" and the regulations themselves when they are implemented. And while the former affects the price of BTC negatively because people tend to prepare for the worst, the latter can have a positive impact being good news.
Hey guys, i need some suggestions and opinions about this.
All negative factors like the hacking of major cryptocurrency exchanges, government crackdowns, criticism from influential people, FUDs, dumpers and panic sellers brings down the value of bitcoin. News of regulations can also make a negative impact on the price of bitcoin and many countries are reported planning to impose it. On the positive side, bitcoin react with rising price on every development that support it.
Most of the time when people see the word "regulations" they presume something negative while it is not necessarily the case. Imo most of the regulations which will be implemented in the future will create a better environment for cryptocurrencies in general. It is already obvious that there is no future without crypto and most government officials are not so stupid to be unaware of that.
There is a difference between "news of upcoming regulations" and the regulations themselves when they are implemented. And while the former affects the price of BTC negatively because people tend to prepare for the worst, the latter can have a positive impact being good news.
Market acceptance is the biggest factor affecting the value of bitcoin, such as when amazon said it was accepted, or when the United States and China said it was legal.
Of course, it will also fall, such as the days when several major trading websites are lost.
Of course, it will also fall, such as the days when several major trading websites are lost.
Hey guys, i need some suggestions and opinions about this.
All negative factors like the hacking of major cryptocurrency exchanges, government crackdowns, criticism from influential people, FUDs, dumpers and panic sellers brings down the value of bitcoin. News of regulations can also make a negative impact on the price of bitcoin and many countries are reported planning to impose it. On the positive side, bitcoin react with rising price on every development that support it.
If any. Regulatory warning about Bitcoin trading platform or hack news bitcoin price get efforted at large
I would argue that the value of Bitcoin is influenced by the market response to Bitcoin itself, depending on how the market responds to Bitcoin users or Bitcoin miners themselves.
If the market response to Bitcoin rises then the price will go up, and vice versa if the market response to Bitcoin down then the price will come down.
If the market response to Bitcoin rises then the price will go up, and vice versa if the market response to Bitcoin down then the price will come down.
Hey guys, i need some suggestions and opinions about this.
Factors that affect bitcoins value was illegal activities,spreading FUDS,price votality,mass adoptation and the government banning of cryptocurrency.Yes these are some of the reasons why bitcoins become affected although there were some factors that we can consider has a positive impact to bitcoin in this cryptocommunity but these just means that people never stop on trusting due to its continous supports through adoption.
bitcoin values due to factors of very high bitcoin demand but have a very limited total supply that makes bitcoin very expensive.
Hey guys, i need some suggestions and opinions about this.
Fud or bad news is one of the dominant thing that can affect the market, there are people who are not well knowledgeable about the market and because of that they always tend to sell their coins at the lowest price due to pressure when their coins price are melting.
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.
A lot of things affect the crypto currency or the value of Bitcoin on the trading market, FUD, issues on Banned, Scammer, the persistent issue on Regulation by its Government where the Bitcoin transaction is made, the potential equity to the market, fundamentals, stability of price value, level of confidence of investors and a lot more that can affect Bitcoin price in the trading market.the recent news of Indian Government on Regulation and taxation of Bitcoin transaction. all of this are possible indicator that affect Bitcoin in one way or another.
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