Topic: Factors that affects the value of bitcoin... - page 48. (Read 5253 times)
I think one about the elements that can influence the bitcoin cost is awful news or FUD's that would holders be able to offer their bitcoin in light of the fact that they believe that the cost of bitcoin will drop and the other factor is there are some gathering of a pump and dump that can control the estimation of bitcoin and the other thing is there are numerous tricksters out there that utilization bitcoin as their introduction that is the reason individuals didn't trust bitcoin as a result of this reason.
I think something that really affects bitcoin is the government's policy on bitcoin itself, because in every country the policy is different.
and that affect the value of the next bitcoin is the media that gives the word is not clear the truth that makes bitcoin holders and investors panicked.
and that affect the value of the next bitcoin is the media that gives the word is not clear the truth that makes bitcoin holders and investors panicked.
Yes, there are several factors that affect the value of bitcoin
Government policy of all countries, trends of people, thinking of people etc.
It can only increase its value by issuing bitcoin and giving it time. At the moment, as soon as its price increases, people's thinking becomes positive.
Government policy of all countries, trends of people, thinking of people etc.
It can only increase its value by issuing bitcoin and giving it time. At the moment, as soon as its price increases, people's thinking becomes positive.
Endorsements from major businesses or governments can drive a boost. For example, when Ripple announced a deal with Goldman or favorable opinion from S. Korea we saw a jump in the price.
The great and challenging thing about these crypto markets is their global scale, so it's hard to pin one event as the sole driver of a run up or fall back. The best idea is to watch the news aggregator sites to see what's going on around the world that could benefit or detract from Bitcoin and blockchain.
The great and challenging thing about these crypto markets is their global scale, so it's hard to pin one event as the sole driver of a run up or fall back. The best idea is to watch the news aggregator sites to see what's going on around the world that could benefit or detract from Bitcoin and blockchain.
Hey guys, i need some suggestions and opinions about this.
Many factors we have to accept these are reason for the bitcoin price bump and dump mate. Let me list out the few below.
1: Regulations, there are many countries and big firms regulations the bitcoin and banning of its usage bro. When these applies to the market you will find the price drop bro.
2: Hacking, If there is any hack on the big trading sites and mining pools wallets that time also we will find the bitcoin price dropped.
3: Fake news, spreading over the media side is another factor for the price drop mate.
Hey guys, i need some suggestions and opinions about this.
Well, obviously news and FUDs can really affect the value of Bitcoin. As also for its popularity all over the world.
Fake news, manipulation by whales of the crypto market, emotional investors that always do panic selling during dips, when a reputable exchange or trading platform is hacked are the few factors that affects the value of bitcoin.
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?
You are right, most importantly government policies and laws. Many governments don't buy the whole idea of bitcoin reason being that it deflates the value of paper money, so they try to make policies that affects the market. Another point highlighted is appearance of new competitors, that is another pointer, with the way new cryptocurrencies are being injected into the cryptomarket, it wont be long when bitcoin will have serious competitors and that might affect its value. But up on till then bitcoin is still best cryptocurrency 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?
Bitcoin's price is very easy to be influenced by many things because Bitcoin is something of value and people invest there.
if there is bad news about BTC then automatically the price will take effect and this will continue.
if there is bad news about BTC then automatically the price will take effect and this will continue.
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?
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?
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.
Yeah, i think so. There are many people thinking that bitcoin will drop any moment and that's right. There are many factors aside from it can make this happen. Many people think that there are a lot of bad effects and bad news coming from different people saying to the value of bitcoin that's why the other people don't think it positively. 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.
that's right what you say. and if I think also with the many negative issues that are about bitcoin then it could affect the value of bitcoin as well. therefore we all bitcoin users must support bitcoin continue so that its value can go up and not be considered bitcoin negative hold 
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.
Hey guys, i need some suggestions and opinions about this.
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