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Topic: How is the bitcoin price determined? (Read 1341 times)

jr. member
Activity: 252
Merit: 1
April 17, 2018, 11:26:34 PM
The price really depends on the behavior of the buyer and the seller, and the more people buy, the higher the price.

We will never buy bitcoin at a very low price, because it has been recognized by more people and more people will use BTC in the future, so its price will be unlimited.
newbie
Activity: 140
Merit: 0
April 17, 2018, 11:22:24 PM
The price is determined by how the market trades often and how many people buy bitcoin
member
Activity: 672
Merit: 14
April 17, 2018, 11:14:04 PM
I have just been recently trying to know how our legend crypto (Bitcoin) price determined. I really need to know more about this. Pls how is the price determined from time to time?
A lot of factors come to play in the determination of the price of BTC. Governmental regulations and the banks have an impact on the price of BTC. As the governments and banks continue to spread FUD in the people, it wards off investors.

Also, buying and selling on an exchange can determine the price of BTC. Here, both bad players and good players have a role to play. On an exchange where buyers are willing to buy at a particular high price, the BTC price will rise and vice versa.
full member
Activity: 582
Merit: 101
April 17, 2018, 11:00:59 PM
For starters their is no fair value for Bitcoin. The price of Bitcoin is determined by the demand of the people and how the buying and selling forces agree and settle with a price. We the people who are into trading Bitcoin are the ones who determine the price of Bitcoin that is why it is so volatile because many people are actively trading it to take profit and also the big players are the ones who are controlling it mostly.
it is true. even people willing to join with some friends of his friends. to raise substantial funds. then they raise one tiger coin price. I ended up losing almost 70% of my capital .because I do not know if that raises the coin price is my friend.
among those who raise the coin price are the buyers. especially those with large funds .
newbie
Activity: 130
Merit: 0
April 17, 2018, 10:40:31 PM
Just like every other financial asset, it is the ratio between demand and supply available that affects the price.
newbie
Activity: 42
Merit: 0
March 31, 2018, 06:00:03 AM
Bitcoin is arranged so that it is a serious step forward in terms of ensuring the security of funds. It can also be used as an essential protection against many forms of financial crime
hero member
Activity: 728
Merit: 500
MenaPay - Crypto made easier than cash
March 30, 2018, 12:44:52 PM
The price of bitcoin is totally determined by the market not being subject to monetary policies of a central bank or any other government intervention.
member
Activity: 80
Merit: 10
March 30, 2018, 12:44:13 PM
Firstly, the exchange, as well as on other stock exchanges where the shares are traded depends on the news, if there is a positive news then the price goes up, if the news is a bad price goes down, read the news
hero member
Activity: 2478
Merit: 644
Eloncoin.org - Mars, here we come!
March 30, 2018, 12:40:26 PM
The processing of buying and selling determined the supply and demand which effect on its price. In 2009 when the bitcoin was new and only few people know about it the price was just 0.15$ per btc. But with time people start involving it which increase its supply and price increase. More people join it and buying it more the price increase. I believe every time people will start using bitcoin in future and the price of bitcoin will go up for sure.
hero member
Activity: 756
Merit: 500
March 21, 2018, 08:00:11 AM

The price of bitcoins is determined by various economic factors such as the demand and supply of bitcoins as well as for any commodities, the demand for bitcoins increases every time as every day new people are getting into the bitcoin community as many find this bitcoin technology as an easy to make profit making scheme as many early investors of the bitcoins are millionaires of the time. Bitcoins are only limited to 21 million bitcoins out of the 21 million bitcoins around 16 million bitcoins have already been mined but it will take more than 150 years to complete the bitcoin mining even after completing the mining the value of bitcoins keeps on increasing due to high demand for bitcoins in the crypto market.
That makes sense. Yes, bitcoins don’t rely on the prices rather this price is itself a factor that is based on selling and buying. People from all over the world are continuously investing in bitcoins. Some are selling and some are buying. This chain goes well until panic selling comes in the game. Thus, all such demand and supply routine is disturbed and prices start fluctuating.
member
Activity: 210
Merit: 10
March 19, 2018, 03:55:16 PM
he bitcoin price is determined like a normal market on it supply and demand. You can monitor it by simply updating the price on your wallet to see whether it grows or it drops.
full member
Activity: 392
Merit: 102
March 19, 2018, 03:52:19 PM
I have just been recently trying to know how our legend crypto (Bitcoin) price determined. I really need to know more about this. Pls how is the price determined from time to time?

Lots of answers but a lot missing the most important point.

There is no such thing as a global bitcoin price.
Just check bitfinex and bitstamp. One it's at '72 and one at '67.
What is the real price? Both and none at the same time.

The price fluctuates not form second to second but from exchange to exchange, from website to website from trader to trader.
Probably the best example of a truly free market where demand and offer reign supreme and you can have situations where in your country nobody on localbitcoins wants to sell you coins for 6k let's say but in Germany they sell it 100$ cheaper.


That's a really good answer. I'd like add that the price is determined by the amount the last buyer was prepared to pay. 
full member
Activity: 462
Merit: 101
BitcoinSN - The Real Bitcoin!!!
March 19, 2018, 03:46:44 PM
I have just been recently trying to know how our legend crypto (Bitcoin) price determined. I really need to know more about this. Pls how is the price determined from time to time?

The major factors that influence the bitcoin price is the supply and demand forces that drive the momentum and volatility of the bitcoin price behavior. It took me few years of practice to identify the value of the supply and demand of the price action. Anyways if you are interested in finding the ways to identify the supply and demand forces then you need to master the skills of chart analysis with the help of technical analysis patterns.Let me know if there is any help needed from my side.
sr. member
Activity: 1484
Merit: 253
March 19, 2018, 03:23:24 PM
I have just been recently trying to know how our legend crypto (Bitcoin) price determined. I really need to know more about this. Pls how is the price determined from time to time?
Actually no one people who can determine the price of bitcoin since the bitcoin was discovered. Each of us have no idea when does the price of bitcoin increase or decrease which it's volatile that can change it's value from time to time. Also, we need to aware that the bitcoin is dominant of all crypto currency that most of the altcoins rely the value of bitcoin which the altcoins is also hard to determine.
jr. member
Activity: 210
Merit: 1
March 19, 2018, 07:07:26 AM
The price is always combinations between supply and demand. I think the reason for the current spike in Bitcoin price is the increasing interest from institutional players (banks, funds, high net worth individuals). Since there is so much money out there - the price still can go up once the big guys will get more confident.

Agree with your point of view. It's value matter in the combinations of both the supply and demand. Once the big players invest more in crypto world then the price will going high and this is the time that we can determined exactly the price of bitcoin.
newbie
Activity: 137
Merit: 0
March 19, 2018, 06:39:40 AM
NO ONE CAN PREDICT THE EXACT PRICE, BUT WE CAN PREDICT THE CLOSEST PRICE, USE TA!  Grin
member
Activity: 518
Merit: 11
March 19, 2018, 05:50:02 AM
I have just been recently trying to know how our legend crypto (Bitcoin) price determined. I really need to know more about this. Pls how is the price determined from time to time?
The value of bitcoin price is determined by many of its devotees. If many buy bitcoins at the same time or in large quantities then bitcoin prices will rise, on the contrary if many who sell it simultaneously or sell with many numbers it will automatically affect the price of bitcoin will fall. I think it is these factors that can affect the value of bitcoin prices.
full member
Activity: 419
Merit: 100
March 19, 2018, 05:42:49 AM

The price of bitcoins is determined by various economic factors such as the demand and supply of bitcoins as well as for any commodities, the demand for bitcoins increases every time as every day new people are getting into the bitcoin community as many find this bitcoin technology as an easy to make profit making scheme as many early investors of the bitcoins are millionaires of the time. Bitcoins are only limited to 21 million bitcoins out of the 21 million bitcoins around 16 million bitcoins have already been mined but it will take more than 150 years to complete the bitcoin mining even after completing the mining the value of bitcoins keeps on increasing due to high demand for bitcoins in the crypto market.
newbie
Activity: 229
Merit: 0
March 19, 2018, 05:08:02 AM
The price of bitcoin is not stable  based on the demand and supply of the currency, buyers and sellers of the currency. The value  actully continue to change depending  on the price that the buyers and the sellers agreed on.
member
Activity: 224
Merit: 10
March 19, 2018, 03:56:51 AM
Bitcoin price can be determined by the demand and supply forces these are the market factors which determined the prices of this digital currency and it is good to buy some of the altcoin too because the prices are good to buy and the long term holding is very good. Bitcoin in the present time the most valuable currency and i have to use this for the future payments.
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