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Topic: How is the bitcoin price determined? - page 8. (Read 1383 times)

member
Activity: 121
Merit: 10
December 14, 2017, 12:29:59 PM
#50
No one can determined price bitcoin changes without control.

last three months bitcoin came out of any ranges
member
Activity: 252
Merit: 10
December 14, 2017, 12:25:08 PM
#49
Hello there

Actually there is no one who can predict about bitcoin means price determined..
Though it's depends on how much peoples sell or buy bitcoin means trading..
It is all about Trading.

Thanks
newbie
Activity: 182
Merit: 0
December 14, 2017, 12:19:25 PM
#48
The price of bitcoin is handily determine by the taking office along together in the middle of the buyers and the sellers in the support. If a seller set a particular price but no buyer to lead at that price i reach not think there will be any fine manner in the price.
member
Activity: 446
Merit: 13
December 14, 2017, 10:40:36 AM
#47
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?

Hi there topty11! There are several ways how to determine the bitcoin price, but what can I told you is how to analyze it. First of all, no one could accurately predict when the price could go up and could go down. Why? Because the price is determined by several factors and one of them is the traders. All of the traders set a specific sell price and buy price, when there are more people want to buy the price could go up but when there are more traders who want to sell low, it could trigger a price drop. Next factor is the news; news affect the way price is determine, simply as a good news in bitcoin tend to soar a price while bad news like government ban and the like tends to drop bitcoin price.  Wink
member
Activity: 180
Merit: 10
December 14, 2017, 06:44:38 AM
#46
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?

I think the price is determined how many buy coins and how many sell coins, if many buy the price will increase and if many who sell the price will decrease, can anyone add my opinion?
jr. member
Activity: 98
Merit: 6
December 14, 2017, 05:55:03 AM
#45
  People  think  it is $10K.It is  $10K!

What's the recent price now? At this moment?
newbie
Activity: 28
Merit: 0
December 11, 2017, 10:19:26 AM
#44
Кoнeчнo цeнa oпpeдeляeтcя пpocтыми зaкoнaми экoнoмики cпpoca и пpeдлoжeния. Ecть cпpoc бyдeт и xopoшaя цeнa. Цeннocть для oбщecтвa нe нeмaлoвaжный фaктop. Hy и кoнeчнo в цeнy вxoдит зaтpaты нa eгo дoбычy, нe cтoит oб этoм зaбывaть.
sr. member
Activity: 547
Merit: 253
December 09, 2017, 04:45:11 PM
#43
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?

There are lot of factors how will you determine Bitcoin price. Here's are some of the factors:
1. Price and supply. Price and supply is the main factor that always affecting the price of Bitcoin. If the demand is too high, the supply will fall and low. It means that the price will increase if the supply decreasing. And it is vice versa. If the price is decreasing, the supply is increasing.
2. Demand and price. If the demand is increasing, there a high chance of increasing of its price. Like what's happenning right now, Bitcoin is always tapping up ceiling reaching high and higher price.
3. Last, The effects of other countries and the people. Also the demand. Some of the countries here in the world are always describing Bitcoin as trash for them. And if a country is banning Bitcoin to their country, it will affect it's rate and demand that will affect the price.
sr. member
Activity: 308
Merit: 250
December 09, 2017, 04:24:44 PM
#42
In the simplest terms it is a balance of what 1 person is prepared to pay and what another person is prepared to sell for. Added to that is a whole raft of emotional factors, supply and demand etc. if there was plenty of supply the price would be low - with limited supply the price goes up.
hero member
Activity: 672
Merit: 500
December 09, 2017, 04:21:54 PM
#41
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 price of the bitcoin determined based on the transactions of trading made by the person whobare using it. And based on the news I heard last time. The number of person who are using and started using bitcoin affect the productions of it making the vakue of it more higher than before and when dumping it is because they want to manage the value.
Yeah Bitcoin’s price would be determined by it price chart, popularity graph and number of investors who are involving in Bitcoin. The other sources are social media like face book, twitter and whatsapp too. Any investor who is trading in Bitcoin can easily predict the price of Bitcoin. He is checking demand of Bitcoin in market and price rate and judge the price of Bitcoin in next days.
member
Activity: 868
Merit: 16
November 04, 2017, 04:36:44 AM
#40
Bitcoin price is determinatin depend on the demand of each user. If the demand for bitcoin much bitcoin price will be high. As well if bitcoin demand decrease bitcoin price will decreas to.
sr. member
Activity: 1610
Merit: 264
November 04, 2017, 02:59:08 AM
#39
Bitcoin price changes depending on the condition of the economy. The demand of the Bitcoin where how many users are buying bitcoin for trading online. The supply which how much or how many BTC are capable to be consumed by users.
When the demand raises, the price rises because there might be shortage in supply if it remains the same.

Exchange rate in paper money can also play a role at the change in price such that when an exchange of BTC to a certain currency is high then there will be more people selling their BTC into paper money.

member
Activity: 112
Merit: 10
November 04, 2017, 03:01:24 AM
#39
  People  think  it is $10K.It is  $10K!
full member
Activity: 228
Merit: 100
GIF by SOCIFI
November 04, 2017, 01:59:24 AM
#38
Many factors play role in influencing the price of Bitcoin or Bitcoin price determination few major are as below;

1.     First and foremost, the Demand & Supply ratio of the Bitcoin – If demand is rising and supply is Now limited then the price will go up, the reverse will be applicable in vice a versa case.

2.    Acceptance of Bitcoin in Mainstream  :  Many companies have started Bitcoin acceptance as a means of transaction, this acceptance in the mainstream has a positive impact on the Bitcoin price.

3.    Government regulations and notification : Time to time in many countries government is issuing notification about Bitcoins, if these are in favour Price goes up and else, price sees a downward trend.

4.    It is being an cryptocurrency, changes in technology especially related to web based applications, cloud, softwares and hardwares also affect the prices.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
November 04, 2017, 12:09:39 AM
#37
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 price is determined from the order buy and order sell in the market and there are too volatile and too risky to follow if we don't know how to analyze the bitcoin movements. but once you know how to determine the trend, i am sure that you can found a gap of the price that will help you to make profit. there are many lesson about how to determine the movement of the chart and we need to learn and practice in every day until we mastered it.
member
Activity: 119
Merit: 13
0x88628bf14F2391707bA9d1767f83c694Efd2a8B9
November 03, 2017, 10:22:16 PM
#36
Here you go mate

hope this helps

https://www.youtube.com/watch?v=LwLh6ax0zTE

https://www.youtube.com/watch?v=3ez10ADR_gM


Seriously BTC is one of the best examples of a free market system you could ever find
legendary
Activity: 966
Merit: 1042
November 03, 2017, 10:19:19 PM
#35
Uh well champ, let's not get into the whole supply and demand curve here but basically, more people want bitcoin, so they pay $1 more than the next guy to get it. It creates a snowball affect. People see the big rise, they put an order $1 more, other people see this big ride etc. Glad I got in at a low point. Too much FOMO right now that I wouldn't want to put money into it.
member
Activity: 322
Merit: 11
November 03, 2017, 10:14:45 PM
#34
It's all based on the demand of the general public users of accepting and making transactions with bitcoin.
If the demand is high then the rate will be increasing.
When the demand falls the bitcoin price falls.
In simple we are the one who is determining bitcoin price.
sr. member
Activity: 546
Merit: 250
October 31, 2017, 09:34:54 PM
#33
Beside of supply and demand factor, there are more things which can detemine bitcoin price, such as big news, hardfork, and etc. The most big news in recent month is JP Morgan Boss said, bitcoin is a fraud and can be used by drug dealers or murder" https://www.theguardian.com/technology/2017/sep/13/bitcoin-fraud-jp-morgan-cryptocurrency-drug-dealers

When that news release, bitcoin price go down and very slowly to recover.

But most factor would be the increase of blocks being mined which means, the more miners the more the price increases. Add it with some countries trying to innovate btc in there country instead if blocking its citizens to use bitcoin in underground ways. JP morgan is now an old news because ever since the price went back to its prestige, most bad commenters are not being heard off.
member
Activity: 252
Merit: 11
PLAYHALL - SKILL GAMING PLATFORM
October 31, 2017, 09:25:54 PM
#32
Beside of supply and demand factor, there are more things which can detemine bitcoin price, such as big news, hardfork, and etc. The most big news in recent month is JP Morgan Boss said, bitcoin is a fraud and can be used by drug dealers or murder" https://www.theguardian.com/technology/2017/sep/13/bitcoin-fraud-jp-morgan-cryptocurrency-drug-dealers

When that news release, bitcoin price go down and very slowly to recover.
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