Topic: Price of BTC? - page 3. (Read 2557 times)

The price determination of BTC ain't possible at an exact level, but you can absolutely speculate on that subject...
Regarding the points you gave, yes I agree that mining is a "part" of price of BTC, but ain't a complete reason based on which price of BTC should be decided...
It's not just about the miners, we are all here as its part and so, everyone decides where the price should be, but it is impossible to predict because many will buy and many will sell, and the stable price you see will be a "break-even" point of their thinking...

The only real price of bitcoin is the price of the market. There can be to many values (prices) which are calculated beginning from several point of view. For example can be calculated the value (and from that the price) based at the cost of it production (the sum of all money spent to produce one unit of it). But no one is so real and true that the market price. This because the true value of everything is the value what someone is ready to pay to have it. According to the buyer the value which he is able to pay worth the value he will have from the bought product. Whatever can be such value. That mean that all the other values must fit this last because if the product cannot be bought at market is worthless. Whatever other kind of value may be calculated for it. If all the people will think that such product isn't worth for them this product will not exist more. So will have a zero REAL value. Even may have a big (for example) value based on the cost of its production.

The price will be never stable. Every value of every currency is determined by the supply and the demand for it. And both these factors are never fixed amount. Any currency is stable. Only those in centralized countries when the value of their currency is determined as fixed by the Government (Central Bank of that country) and is not based at the value based on the free market.

did you hear about fake volumes? what arbitrage ? Is this a regulated market to make aribtrage?

The exchangers are a joke. A bunch of so called cyber boys(most of them came from ex e-currencies like Liberty Reserve ...See BTC-e. The owners ran an exchanger for LR and many HYIPs too; same for Bitfinex and others.  

So, chill out with "arbitrage" and other brokerage terms when it's about Bitcoin )

http://www.coindesk.com/chinese-bitcoin-exchange-okcoin-accused-faking-trading-data/

http://www.coindesk.com/reality-chinese-trading-volumes/

http://www.coindesk.com/the-cftcs-not-so-hidden-message-traders-beware/

Did you heear for bots and arbitrage trading strategy?
Whole system is connected through bots, and when Okcoin starts to fall btc-e start to fall at the same time .

The value of Bitcoin and for anything is the price that people are willing to pay. This is even more true to Bitcoin, because the difficult will change when price changes, that is, when people invest more or less in mining

price always change very fast, dont expect it to get to a stable rate

The real price of anything is what you pay for it. It's one price on the exchanges and another price on localbitcoins but both prices are real.

When will the price of oil be stable? The price of corn? The exchange rate of yen to the dollar? Stability is based on too many factors for anyone on earth to give you a true answer. If they tell you they know they are either lying to you or to themselves.

Hashrate and electricity have little to do with the exchange rate of Bitcoin. They are factors in determining the value of being a Bitcoin miner. Price effects miners too but miners don't set the price.

The price is made by the exchangers(their investors). So, it is manipulated. Fake transactions, fake volumes.

How can you say that the BTC price is based by demand when the exchangers are separate firms but all of them have ALMOST the same price?!!?!? It's an exchangers` cartel.

The BTC price is fake

This is the price of decentralization! You don't have someone like government to inject value to create a bubble to achieve stability. Price is forming by demand, and demand is bigger and bigger and will rise at this point.
 

IMO, only the open market can determine the "true" price.

Well, I use preev.com for a average price from a few exchanges. I use that as a guide to see what the current price is. In regards to the volatility of the bitcoin price... hmmm it

is difficult to estimate, but the more people buying and owning bitcoins will distribute it more and then gives it more stability. Nothing stops a few whales from manipulating the

price a little, when it's not distributed between a lot of people. Most of the other answers you will find here ---> https://blockchain.info/charts

Also you can expect again lowest lows and highest highs!
Dumps on bad news and pumps.. This is never ending manipulation-pure greed!
Stable price will never be achieved.

The price of BTC will always be dictated by the market because it's a commodity that it's traded. If there's no much supply and high demand the value will rise and viceversa, it's that simple. If Bitcoin becomes a novelty in the next years due to becoming obsolete (perhaps because of a flaw or a new technology) then the value will be crawling on the floor. On the other hand if Bitcoin is adopted by the mainstream you can imagine what could happen, the sky would be the limit.

So you expecting every halving rise of min 100%?
Where we can find equilibrium?
If price always rise, in theory hashrate will be enormous,
So there will be no mining out of China?

real price imho, is based on the contorlled supply, that is the minimum that is needed to sustain the network, and that is the real value of bitcoin

if for every halving the value will not grow, you can only expect a reverse trend on the diff, which translate to an unsecure network, and eventually the real death of bitcoin

How can we determine real price of bitcoin?
When will price be stable?
Hashrate and price of electricity?