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Topic: IS THERE A REGULATORY BODY - page 2. (Read 451 times)

Ucy
sr. member
Activity: 2730
Merit: 403
Compare rates on different exchanges & swap.
September 13, 2019, 07:31:10 AM
#16
I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

Simply demand and supply— More buyers cause the price to go up and more sellers cause the price to go down. This is unlike fiat that is pretty much regulated to keep price stable. In theory, fiat price is based on country's GDP but there's some inconsistencies in this. Probably does not apply to all countries.
Cryptocurrency could even be coded to behave like fiat
member
Activity: 532
Merit: 41
https://emirex.com
September 13, 2019, 07:23:03 AM
#15
I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

Bitcoin is not regulated and is not controlled by any group or mechanism. However, platforms like cryptocurrency exchanges and third-party platforms, for example, are now starting to be regulated by many governments and hence they are subject to the laws and policies of the country they are in. So the so-called bull or bear market can be the result of the complex demand and supply mechanism happening everyday.
newbie
Activity: 67
Merit: 0
September 13, 2019, 06:13:40 AM
#14
I would not like to have any regulatory body, but the fact that it will be unfortunately inevitable
member
Activity: 210
Merit: 40
September 13, 2019, 12:55:22 AM
#13
I always get surprised how little some people know about bitcoin. They don't make even slightest effort to get at least basic information and that is sad. But I guess they expect for profit to get into their hands right out of the blue.
copper member
Activity: 224
Merit: 0
September 13, 2019, 12:46:00 AM
#12
We are yet to have regulatory body in one circle but some country do put innplacr a kind of regulation to put the blockchain technology in shape and fame for better use and staying out of scam for their jurisdiction sopport has many are dashing in to the air or blockchain with useless token to get rid of people hard earn which I think we still better of, if regulatory body will be establish.
legendary
Activity: 2576
Merit: 1860
September 12, 2019, 09:42:28 PM
#11
I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

Information is very abundant inside and outside this forum. All you have to do is to search a little, read a little, and understand a little. Well, the steps should have been "get to know the market" ==> "trade". It is odd if you "trade" ==> "get to know the market."

There is no regulatory body in the market. As they say, there is such a word as "decentralized." However, the market reacts in different degrees to developments within and without the market itself, news whether fake or not, whales, and so on. 
member
Activity: 1302
Merit: 25
September 12, 2019, 08:50:54 PM
#10
This question is very strange, it seems to me that you entered this market and never knew what is bitcoin and what its purpose was created.

I don't think Op is totally new here. Look at the activities, is like 350 and that is a lot of time. I wonder if those numbers activities wouldn't have given him/her close to a hero member had the merit system not introduced.
Maybe he is ijust gnorant of the question he asked.
legendary
Activity: 3472
Merit: 1724
September 12, 2019, 07:56:51 PM
#9
I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

Supply & demand, but there is a conspiracy theory not without basis that Bitfinex/iFinex/Tether is partly responsible for the rise in Bitcoin price as they can easily create stablecoins out of thin air and use them to pump the price on their exchange and elsewhere.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
September 12, 2019, 06:35:24 PM
#8
The supply available to the increased demand due to the rising adoption that is taking place in large scale is the reason for the bull and bear trend. Along with this more factors constitute the growth happen on the positive as well negative direction. There is no regulatory body, which is the success for these assets to move free, else someone could've stopped it from reaching big values as well will restrict the fall beyond certain value.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
September 12, 2019, 06:35:07 PM
#7
This question is very strange, it seems to me that you entered this market and never knew what is bitcoin and what its purpose was created. Answering your question, there is no regulator that controls the price, the price rises and falls depending on the demand. But why did you think there might be some bitcoin regulator? bitcoin is decentralized, I believe you have heard that word "decentralized" a lot

this is one of the reasons why a lot of crypto users are still ignorant of what is really going on around him.
And that is why several projects are banking on those type of users and make money out of them.
if you want to educate yourself, you can always read countless threads in this forum. or maybe ever heard of Google?
legendary
Activity: 2464
Merit: 1140
duelbits.com
September 12, 2019, 05:51:05 PM
#6
Is there a regulatory body for bitcoin price?

As we know so far, Bitcoin is decentralized. So, no institutions regulate the Bitcoin price on the market.
It is already described here : https://en.bitcoin.it/wiki/Principles_of_Bitcoin

The traditional answer in a free market is "supply and demand." When buyers outnumber sellers, price rises.

Yes, exactly. Basically, the price of Bitcoin or Ethereum will depend on the supply-demand on the market. But we may consider another factor like pump-dump activity. Currently, this also determines how the values of crypto coins, including Bitcoin or Ethereum.
legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
September 12, 2019, 05:30:40 PM
#5
I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

The traditional answer in a free market is "supply and demand." When buyers outnumber sellers, price rises.

Regulators usually aren't responsible for price movements, except where markets are controlled. One example would be the Chinese Yuan, which isn't a free floating currency like most fiat currencies. It's pegged to the US dollar by the Chinese government.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
September 12, 2019, 04:46:47 PM
#4
I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.
No, there are no regulatory body for bitcoin or ethereum. If they did exist, the said crypto currencies would no longer be a decentralized currency. The main factors that decide the price of the coins are us and the coins. By "us" and the "coins", I mean the demand for the coins and the supply for the coin. Bull run takes place when the price of the coin starts to rise rapidly due to high demand (because of some specific event or for no reason) and bear market takes place when the supply increases rapidly more than the demand. It happens randomly with no one deciding if a bear or a bull run will take place.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
September 12, 2019, 04:38:47 PM
#3
I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

After over a year of lurking in the crypto world, you should understand by now what should be the closest answer to your concern, especially those factors why bitcoin price is increasing and decreasing.

How can you say these things if you don't have quite a knowledge about the factors responsible for bull and bear run or overall, the market situation.

I think the fall of demand and supply will definitely set in. And I even think that is what is done price is pumped. The investors buy the low price order and that leads to demand pull inflation which brings up the price.

Everyone that joined cryptocurrency community in the past two three years must have learnt that earning or making profits from cryptocurrency doesn't at all depend on the duration of hodling. It is a matter of Know the bear and the bull run and selling and buying at the appropriate time.

Just like you have stated your interest in investing in Bitcoin. But investing in altcoins token might be a mistake or loss of fund. Invest in Bitcoin and ethereum now that the price is cheaper to be able to make something reasonable in the time of the next bull run.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
September 12, 2019, 04:14:59 PM
#2
This question is very strange, it seems to me that you entered this market and never knew what is bitcoin and what its purpose was created. Answering your question, there is no regulator that controls the price, the price rises and falls depending on the demand. But why did you think there might be some bitcoin regulator? bitcoin is decentralized, I believe you have heard that word "decentralized" a lot
jr. member
Activity: 448
Merit: 1
September 12, 2019, 03:43:01 PM
#1
I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.
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