name what's affecting the cryptocurrency price

francedeni

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Quote from: rb26 on September 22, 2017, 04:35:08 PM

Quote from: CrypTrends on September 22, 2017, 09:33:50 AM

hi there
can you name what's affecting the cryptocurrency price?
from what i know it's the supply & demand, technology and team behind the coin, and regulation.

if you name what's affecting the price please elaborate so maybe we can learn new things from you're insights

The main factors that affects the price of Bitcoin is the supply and demand, that is because Bitcoin is decentralized. And since the price depends on the demand and supply, Bitcoin's price is very volatile. The issues happening, bad/good news about Bitcoin, FUDs and trolls, they are all factors that affects the demand and supply. So basically, they are just an external factor for Bitcoin's price.

Well this is the mainly reasons why cryptocurrency price makes it dump. The supply and demand usually because this is the important in cryptocurrency world to make it works.

deadsilent

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It's because of China issues an order to stop all exchanges operation on entire country. China is the population of traders in crypto industry. Before that, China delisted a lot of cryptos on exchanges and ban all ICOs. Other financial institutions are spreading FUDs and scare people. It will shake off all noobs. Now we see most of coins in the market are declining. We can't do anything about it. Just hold your coins and hope for fast recovery of the price.

skorupi17

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Quote from: shinratensei_ on September 22, 2017, 05:33:48 PM

Quote from: CrypTrends on September 22, 2017, 09:33:50 AM

hi there
can you name what's affecting the cryptocurrency price?
from what i know it's the supply & demand, technology and team behind the coin, and regulation.

if you name what's affecting the price please elaborate so maybe we can learn new things from you're insights

The name was nothing to do, but that was related to the ticker that already used by the project itself. The name didn't give any impact to the coin. Because a lot of the token which had non sense name get decent track on its value rather than other with a good name.

I think you misunderstood the term "name" from the topic. OP asks to name or to tell what's affecting the price and the OP is not concerned about the "name" of the coin.

Supply and Demand, nothing else. This is the basis for the price. Other events or news just triggers the people to buy or sell some coins. The "trigger" affects the supply and demand and then the price follows.

shinratensei_

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Quote from: CrypTrends on September 22, 2017, 09:33:50 AM

hi there
can you name what's affecting the cryptocurrency price?
from what i know it's the supply & demand, technology and team behind the coin, and regulation.

if you name what's affecting the price please elaborate so maybe we can learn new things from you're insights

The name was nothing to do, but that was related to the ticker that already used by the project itself. The name didn't give any impact to the coin. Because a lot of the token which had non sense name get decent track on its value rather than other with a good name.

Pasnik

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Quote from: klixion on September 22, 2017, 04:39:26 PM

Weak and new crypto investors are affecting the price of cryptocurrencies. People coming from Stocks panicking when their investments have dropped 50% and selling at a loss. A 50% drop is not uncommon in cryptos and the very next day it could be back up in the positive.

It affecting cryptocurrency price with the issues that it make down fall the price. Like China news to ban the ICO's and othe cryptocurrency news. These makes traders and users got panic to sell thei hodling coins.

Martisor-Sobru

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whales

klixion

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Weak and new crypto investors are affecting the price of cryptocurrencies. People coming from Stocks panicking when their investments have dropped 50% and selling at a loss. A 50% drop is not uncommon in cryptos and the very next day it could be back up in the positive.

rb26

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Quote from: CrypTrends on September 22, 2017, 09:33:50 AM

hi there
can you name what's affecting the cryptocurrency price?
from what i know it's the supply & demand, technology and team behind the coin, and regulation.

if you name what's affecting the price please elaborate so maybe we can learn new things from you're insights

The main factors that affects the price of Bitcoin is the supply and demand, that is because Bitcoin is decentralized. And since the price depends on the demand and supply, Bitcoin's price is very volatile. The issues happening, bad/good news about Bitcoin, FUDs and trolls, they are all factors that affects the demand and supply. So basically, they are just an external factor for Bitcoin's price.

bazar111

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China ))

Cloud27

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For the current price fall, I named this coming September 30 which China is banning all mainland digital currency exchanges, is the one affecting the bitcoin price. Chinese investors are dumping while non Chinese are waiting for another opportunity to buy while in the dip.

mistanama

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In my knowledge and in my experiences. Really affecting the price of crypto curency is the demand for its buyer and its price rises. And what's happening in the world. Examples of China's stopping on ICOs Bitcoins prices have fallen as well as Altcoins for just about an hour. And Panic Selling will begin in that event as panic selling is due to people's beliefs that they will fall.

mobnepal

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- FUD/HYPE and over speculation can easily drive price.
- Supply and Demand plays key role but on some price rally this doesn't make any sense.
- Also some whales can easily manipulate price.
- Whales can put bull trap by simply buying what they are already have in steady manner to attract more new traders to buy it so they can dump all their holdings at peak.

There are many things that can affect crypto market so it is hard to list them all here.

Kprawn

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Every time some idiot in government with zero knowledge of Bitcoin opens his or her mouth and talk a bunch of crap about

how bad Bitcoin is, the price takes a dive. Look at every big drop in the price and you will see some government making some

bad remark on Bitcoin or trying to ban it. The other influence come from their buddies the Banks. { Lately we have seen

what impact the idiotic remarks from the CEO {JP Morgan} had on the Bitcoin price. } Roll Eyes

The rest is Supply & Demand. Grin

joebrook

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Quote from: CrypTrends on September 22, 2017, 09:33:50 AM

hi there
can you name what's affecting the cryptocurrency price?
from what i know it's the supply & demand, technology and team behind the coin, and regulation.

if you name what's affecting the price please elaborate so maybe we can learn new things from you're insights

I am sure that the possibility of the Chinese banning bitcoins and other cryptocurrencies is the reason why the value is going down and it seems that Jamie Dimon is at it again and this week he is saying that Bitcoin is a worthless cryptocurrency and am sure newbie investors are still listening to him and selling their stock of bitcoins.

xianbits

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Quote from: fastboy619 on September 22, 2017, 10:25:49 AM

Quote from: Aamir1 on September 22, 2017, 10:24:26 AM

Supply and demand, for sure. And these days, the demand has been lessen by the act of banning all exchanges and trading platforms in China, which by far, has affected the price of bitcoin. There are, or maybe i should say there were, thousands of people trading bitcoin and many other alt coins from China, and if you take them out, which is what has been done recently, then it is what we see; affected marketplace. For bitcoin to keep going higher, it needs the demand to increase, but if the demand goes in the negative way, then of course we will see a drastic change in the price.

I am happy now that the uncertainty about China is over and this cloud can stop hovering on top. Bitcoin will just continue to grow, slower but healthier goo, this is what we need rather than pump and dump

The China issue is still affecting thr bitcoin price right now. And I've been reading about another dip before the month ends. So being happy at this moment could only posible if you take this advantage to buy coins that are on "sale".

Cryptobel

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fastboy619

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Quote from: Aamir1 on September 22, 2017, 10:24:26 AM

Supply and demand, for sure. And these days, the demand has been lessen by the act of banning all exchanges and trading platforms in China, which by far, has affected the price of bitcoin. There are, or maybe i should say there were, thousands of people trading bitcoin and many other alt coins from China, and if you take them out, which is what has been done recently, then it is what we see; affected marketplace. For bitcoin to keep going higher, it needs the demand to increase, but if the demand goes in the negative way, then of course we will see a drastic change in the price.

I am happy now that the uncertainty about China is over and this cloud can stop hovering on top. Bitcoin will just continue to grow, slower but healthier goo, this is what we need rather than pump and dump

Aamir1

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Supply and demand, for sure. And these days, the demand has been lessen by the act of banning all exchanges and trading platforms in China, which by far, has affected the price of bitcoin. There are, or maybe i should say there were, thousands of people trading bitcoin and many other alt coins from China, and if you take them out, which is what has been done recently, then it is what we see; affected marketplace. For bitcoin to keep going higher, it needs the demand to increase, but if the demand goes in the negative way, then of course we will see a drastic change in the price.

traccdev

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Bitcoin is overbought. Plus there are some bad news roaming around the market which are affecting the price.

fastboy619

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Putin, Vitalik and Kim.

Topic: name what's affecting the cryptocurrency price (Read 623 times)