Topic: How is the bitcoin price determined? - page 6. (Read 1381 times)

The demand of bitcoin of bitcoin really effect the value. When the demand of bitcoin increase and more people will hold btc, the bitcoin value will pump. When the demand of bitcoin will decrease and it has a mass selling of btc, the bitcoin value will starting to dump.

The OP is asking how bitcoin price is determined from time to time and it's the demand of the people on bitcoin that determines the price of bitcoin. Noone ever controlled bitcoin's price too because it's always the basic law of economics (supply and demand) that's responsible for bitcoin's price.

in think it depends on the investors and on the big buys. like if some1 comes and buys 1k bitcoin = 1.600.000 then its hgonna make a huge jump. BUT if every1 stops to use then its gonna drop. so I think it depends on us. the "costumers.

Since BTC price is not manipulated and is decentralized, it is dependent on direct supply and demand.

The price of anything depends on the supply and demand for this something. And it should be higher than costs. Otherwise it simply will not produce.

I don't know exactly that how its value get determined but i think its value depends on the demand and supply of bitcoin in the market. If the demand is high and the supply is less then the value will increase else it will remain stable or will decrease.

The cost is decide in view of the free market activity and the value that individuals will purchase and the value individuals will offer. In an exchanging stage like gdax, bitfinex, cexio and others, offering cost and purchasing value that are executed or finished is arrived at the midpoint of in a minuet that at that point stamp the present cost of the bitcoin. Those average by minutes at that point be found the middle value of again to like for a hour which at that point decide the cost of bitcoin for that hour and in the long run for that day.

I don’t think that Bitcoin price manipulated by definite people or group of men. The price we see is not the result of purposeful policy. This price is defined by offer and demand. Simple rule.

Bitcoin's value is quite  dependent to the support people give in the way they uses bitcoin on transactions and invest  which affect the production if stock of bitcoin that could result to development and progresive changes. But if you just want to ablaze and to know the current price of cryptocurrency  just like bitcoin it is a must for you to have an exchanger or wallet so you could know the changes on your investment or trading.

Bitcoin price is determined based on demand and supply on the stock market and exchangers. The more supply with less demand makes the bitcoin price lower while the lesser supply with more demand makes the bitcoin price higher.

Bitcoin pricing depends on the quantity of the demand over the total supply available in the market. If the demand is greater than the supply then the price would go up, but if the demand is lower than the supply, then the price would go down. Research the Law of supply and demand for better understanding how the pricing works. But bitcoin is very volatile due to some holders who will hold bitcoin for a long time then in a moment they will sell it all out. If they buy some bitcoin and hold it, it will affect the total supply in the market resulting to an increase in price because the demand of people is always increasing.  If they sold it all in an instant, then the total supply would be affected again thus an increase in supply results decrease in the price.

Yeah, i totally agree on your reply. I've noticed that in every exchange they have different prices on selling and buying which is due to supply and demand of that exchange.

On my own understanding,bitcoin price depends on the supply and demand on the market, the more people that invests to it, the higher the price it will get, and when there will be many widthrawals of bitcoin, it's value will het lower. But there are also some instances that are being considered. You can research the web to understand it better.

it is based on the demand and the supply that produce or service desire by the buyers. if the supply is high the demand reduced. and if the demand is higher the price of btc, less the demand the people goods. if the supply is high the higher the quantity supplied.

I think there are some of the same thread in this forum discussing about this question.
Anyway, every price in the world is based on supply and demand and thats is basic. More supply with less demand make the price low and also the opposite.

The price of Bitcoin is not the same as its value. Price is determined by the market in which it trades: by means of supply and demand. This is the same way the price of your secondhand car, a bag of apples in the supermarket, an ounce of gold and just about everything else is determined.

Traders with bank accounts in our supported countries can trade Bitcoin on the Luno Exchange, which sets the specific price at a specific time for a specific market. Luno doesn’t set the price: the traders (buying and selling on Luno) do.

Put simply, it is the ongoing interaction between buyers and sellers trading with each other that determines the specific price of Bitcoin (and everything else).   

However, when determining price, one must also consider the amount that buyers are currently willing to pay for the future value of a specific item. In other words, if the market believes the price of something --like property, a certain stock or Bitcoin-- will increase in the future, they are more likely to pay more for it now.
Some of the instances where Bitcoin currently has utility was mentioned above, but since Bitcoin is an evolving and improving technology, many are optimistic that there are many other use cases to come. Some, perhaps, that we haven’t even thought of yet.

Yes.It's basically the supply and demand which i think will determine bitcoin price.In times where most of the people have bought bitcoins and invested them,the demand gradually increases making the supply limited, and eventually its price becomes higher too.But in times where no people bought bitcoins,they just make sellings of them,eventually the demand decreases making the supply higher,and thus the price becomes low.

This is something that can not be ascertained because the price of Bitcoin every day change fox.

This is basic demand and supply behaviour. When the demand is higher than the supply, the rarity increases and that is shown by the growth of the price.

supply and demand on exchanges. More people placing buy orders higher the price goes. If you would like to know why more people would be placing those buy orders, that really depends