Topic: How is the bitcoin price determined? - page 4. (Read 1391 times)
To me this is a balance of what 1 person is ready to pay and what others are ready to sell. Coupled with it as a whole raft of factors with emotional, supply and demand, and others. If there is a lot of supply the price will be low, the inventory is limited and the price will go up.
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
Every thing is worth what someone will pay for it, that is the single solitary fact in crypto. Those numbers move up and down, first by the sales themselves, creating panic or interest, and then by the rumors and information that is floating out there. Lastly, there are the world factors, like popular games(Pokemon) or popular people, and current events that trigger coin creation and value changes.
The price of bitcoin is unregulated, and like gold and cabbage, they are all determined by the supply and demand curve. There is no such thing as "setting an exchange rate."
the bitcoin price is determined according to market conditions, in terms of economic laws, the more bitcoin users the price of bitcoin increases, so the opposite is, the lower the users of bitcoin the lower the bitcoin
But that can not be made a core of the high price of Bitcoin or falling prices. until now I don't know how to know the price of Bitcoin will be high or down in the future.
yes, and it's because bitcoin is different than the other and it's not controlled by anyone and it makes the price is up and down. but in the future, I really believe that the price will be in highest price because bitcoin still new things that people don't know and they don't know either about how the bitcoin price is determined. so there will be a war from buy position and sell the position and the price will always change.
Just only apply the mathematical equation such bitcoin price determined the behavioral structure of the law of supply and demand, if less in supply but more in demand the price will go up and if more on supply but less in demand the price will go down. this scenario also plays as a major rule affected to bitcoin price. I really think just the same to that matter to determine bitcoin price.
There are some factors that determines the price of bitcoin. These factors are: the supply of bitcoin and the demand for it, the exchange it's traded, regulations and the number of competing cryptocurrencies. Bitcoin forks and its internal governance can also a factor in detemining its price. The perception of many investors, widespread acceptance, and technology can also contributes to the movement of bitcoin price.
I think the bitcoin price is determined by the market price and the investors, the more investors who join or put the capital of course the price increases
can not predicted, bitcoin runs like water. through various obstacles.
sometimes rise high, sometimes also dropped dramatically. and sometimes also stable and unstable. there are many things that can affect the price of bitcoin. such as news from the media. spreading and volume, sales and purchases, and also hardfork.
in general that all internal and external factors can affect the price at any time.
sometimes rise high, sometimes also dropped dramatically. and sometimes also stable and unstable. there are many things that can affect the price of bitcoin. such as news from the media. spreading and volume, sales and purchases, and also hardfork.
in general that all internal and external factors can affect the price at any time.
the bitcoin price is determined according to market conditions, in terms of economic laws, the more bitcoin users the price of bitcoin increases, so the opposite is, the lower the users of bitcoin the lower the bitcoin
But that can not be made a core of the high price of Bitcoin or falling prices. until now I don't know how to know the price of Bitcoin will be high or down in the future.
the bitcoin price is determined according to market conditions, in terms of economic laws, the more bitcoin users the price of bitcoin increases, so the opposite is, the lower the users of bitcoin the lower the bitcoin
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?
It is somehow hard to determine the price. Big players influences the price through demand though. The more people patronizes it, the higher the price of bitcoin can get. This is not really different from any other goods that become expensive after being introduced into the market. That simple.
Every thing is worth what someone will pay for it, that is the single solitary fact in crypto. Those numbers move up and down, first by the sales themselves, creating panic or interest, and then by the rumors and information that is floating out there. Lastly, there are the world factors, like popular games(Pokemon) or popular people, and current events that trigger coin creation and value changes.
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?
No one knows what will be the value of it in the next few hours, day and month. There is no intrinsic value of Bitcoin, it is all demand and supply. High demand and limited supply make Bitcoin most valued digital currency in the world. if you are into trading, you can find more here : https://bitcointalk.org/index.php?board=8.0 .
no one can determine the price of bitcoin, because bitcoin is not controlled by any party.
if in my personal opinion, the most affecting the bitcoin price is, the investor's confidence in the bitcoin itself.
if in my personal opinion, the most affecting the bitcoin price is, the investor's confidence in the bitcoin itself.
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?
Bitcoin prices are largely determined by many or few buyers and sellers. That's what causes Bitcoin prices to go down and up in seconds. the value of bitcoin determined by the number of people and investor wants to become a huge value or low prices it depends on the users of bitcoin.
you are right, although we cannot predicted the exact price when it's increase or decrease, we could still use the price to buy and sell the bitcoin and we can make a huge profit. when there are too many wants to buy bitcoin, this will make the price moving so fast to be filled in the market and the price will moving up and down but this will not stay too long and there is a moment for the price to stay at one price level.
Bitcoin is a decentralized digital currency and at that no one or an organization determine it Price, bitcoin as every other commodity operates on the economic law of demands and supply once the demands is high then the price will be high also and once the demands fall also expect the price to go down also. So the is no other mechanism to how bitcoin price is determined.
the value of bitcoin determined by the number of people and investor wants to become a huge value or low prices it depends on the users of bitcoin.
The charge really rely upon the behavior of the customer and the seller, this is how we determined demand and supply influences also the charge of bitcoin. within the destiny the fee of bitcoin will sincerely cross even better because the demand for this are preserve to growth.
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?
Btc price is just the same as any commodity item. The less the supply the higher the price. So when a lot of people buy btc then btc price goes up. And when fake news spreads and people sell their btc so demand is less so the price of btc goes down
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