Topic: Question of Bitcoin Price Change (Read 1246 times)
Bitcoin price changes because of its open exposure to the market. Treat bitcoin as an stock available in a stock market, the more the market demands and buy bitcoin, the higher it gets. And since bitcoin is becoming more popular today than ever, you'll notice that there is an extreme increase in price value. The community itself is a complete factor of the bitcoin's tendency to fluctuate and it all depends on how much bitcoin is exchanged and bought.
i'm new to the bitcoin community so i'm just very curious about what causes the prices to sometimes skyrocket but then drop really low so quickly. Thanks
Hi OP, welcome to the world of crypto currencies.
Regarding to your question, bitcoin value varies on the demand of it, like for example if people make more investment then they have to buy bitcoin so the demand is increasing the value increases too. So the more investors the bigger the value of bitcoin we can have. Thats one simple way of looking at it.
Bitcoin price is really changing. It is not constant. There are so many reasons why this is changing in such ways. The main thing about this is the volatility of the market. The market of bitcoin is volatile that makes the price changing over time. Next one, are the FUDS. In FUDS, this is one of the reasons why bitcoin is dumping. When we say dumping that is the downfall of bitcoin. And the forks, After forks I think the price will go up wildly.
Especially when there's a new coin which is being forked. If it's just a change to Bitcoins code then I don't see the price going up that much. But people get excited about having free coins such as Bitcoin gold. Which creates a upward spiral in terms for value.
bitcoin has a high level of volatility and has a fairly good effect on its trading activity.if people see good news about bitcoin, they will buy more,because they know the price will go up, and the price of bitcoin is the price balance of someone available on the market or on different markets, for a price that benefits them in the future.
Bitcoin price is really changing. It is not constant. There are so many reasons why this is changing in such ways. The main thing about this is the volatility of the market. The market of bitcoin is volatile that makes the price changing over time. Next one, are the FUDS. In FUDS, this is one of the reasons why bitcoin is dumping. When we say dumping that is the downfall of bitcoin. And the forks, After forks I think the price will go up wildly.
Fluctuating Bitcoin prices have become a daily complaint of Bitcoiners around the world. there is one factor that influence the rise and fall of Bitcoin prices such as the small volume of Bitcoin spread across the network
I don't think a sensible person would complain about the volatility of Bitcoin, because it doesn't do any harm to you as long as you know how to use it positively. Of course if you panic by seeing the price dropping and sell all your coins you will sit regretting it later on, but if you be patient, buy a little more if you have funds, and wait for it to rise again, you will have your returns eventually, and you will not need to complain about it.
To OP, the price of Bitcoin depends on the market movements, i mean the trades. It all depends on supply and demand, where if the supply is less and demand is more, it increases, and when the demand becomes less, the price decreases to an extent.
It's true that bitcoin prices are mainly due to demand of it.And demand is greatly affected by a lot of events, like for now,bitcoin price has decrease which is mainly due to ICO band in China.Because of the band also of the band, some people are scared to buy bitcoin.
i'm new to the bitcoin community so i'm just very curious about what causes the prices to sometimes skyrocket but then drop really low so quickly. Thanks
there are actually quit a lots of factor involved in this.1.Infulance of some government like their legal support on it.
2.any hard fork happening in future or not.
3.any special event like fifa world cup comming on of not.
4.Any big statement from a big bank ceo about bit[Suspicious link removed]d or bad.
So basically all this news controls the pump and dumps.
The value of bitcoin depends on how people support and hold the coin, when the bitcoin has the large stock on market then surely the value decreases, when it is so low supply in market of bitcoin then it means the value will goes high
The more investment in bitcoin the higher the value so if people will not support the bitcoin then the value will gp down.
The more investment in bitcoin the higher the value so if people will not support the bitcoin then the value will gp down.
Fluctuating Bitcoin prices have become a daily complaint of Bitcoiners around the world. there is one factor that influence the rise and fall of Bitcoin prices such as the small volume of Bitcoin spread across the network
Bitcoin is a very volatile thing, the price surely can raise so drastically though in a short period of time. The most important factor is supply and demand, then market sentiment and the created FUD. In China’s case yesterday was the news that created market sentiment then created a very large FUD and eventually increased supply and reduced demand in a greater scale.
When there is a shortage of supply then there is a huge effect while there is more supply then the demand goes decrease or the prices goes high then the demand goes decrease. So it’s depend on product too that how much it’s cost.
bitcoin price change or why bitcoin price up and down so simple method to explain theory of supply and demands if dimands is high price also high if dimands low then price also low
if the bitcoin price goes up of course it is due to its increasing use and then if
bitcoin prices down in my opinion it is because of the issues there that make the bitcoin price down
bitcoin prices down in my opinion it is because of the issues there that make the bitcoin price down
Bitcoin's price rally is based from:
1. The normal bitcoin price chart.
2. Some manipulations from the big whales.
3. Price adjustments vs Alts.
During price rally, I usually sell all my Alts to BTC, because alts tend to dump for more than 40%. So what I did is to buy it from the bottom.
1. The normal bitcoin price chart.
2. Some manipulations from the big whales.
3. Price adjustments vs Alts.
During price rally, I usually sell all my Alts to BTC, because alts tend to dump for more than 40%. So what I did is to buy it from the bottom.
i'm new to the bitcoin community so i'm just very curious about what causes the prices to sometimes skyrocket but then drop really low so quickly. Thanks
It follows the law of supply and demand, as most stuff do. The reason why it's incredibly volatile, though, is because there is no central body that can manage the price. It's a completely free market, and it's completely up to the people to price it. More users should also mean less volatility.
Just an addition to the many reasons regarding price changes in Bitcoin and other Crypto currencies. still a newbie but i noticed before when other investment drops in stock market like gold, oil etc due to many causes, some investors tend to pull their investments and run to Crypto thus resulting to a high demand. But now on the contrary, the recent nuke testing of North Korea also contributed to the pullbacks of BTC in the previous months, clearly stating that there is no safe place for our investments when a big player manipulates everything.
since there is really no central agencies that can control bitcoins price therefore you can only look into the demand and supply as the main factor which causes it either to go high or fall.
it doesnt really matter if all countries will ban the use of bitcoin in their countries as long as there are people who are willing to engage in bitcoin then it will continue to thrive..
it doesnt really matter if all countries will ban the use of bitcoin in their countries as long as there are people who are willing to engage in bitcoin then it will continue to thrive..
Wow! Today, Bitcoin around $4840 on Bitstamp. 
I do not think, it will ever fall under $4000, even if any panic happen.
The weak point of bitcoin - it's traded on many exchanges.
When a whale or investment fund manager come with big order, can easily influence the price.
I observed that scenarios at Bitstamp in September, when sell orders of 200 BTC or higher dumpened the price by $100 in five minutes.
I do not think, it will ever fall under $4000, even if any panic happen.
The weak point of bitcoin - it's traded on many exchanges.
When a whale or investment fund manager come with big order, can easily influence the price.
I observed that scenarios at Bitstamp in September, when sell orders of 200 BTC or higher dumpened the price by $100 in five minutes.
There are ways in which the price of bitcoins increases and sometimes falls. It is a demand for demand so the price of bitcoins is increasing. And when it comes down to panic selling is called it. Because people are forced to sell because they are losing money if they just let them.
that is the one disadvantages of bitcoin its unstable behavior in charts
the law of supply and demand occurs in every time the more the user the more the coins will go the more user holding.
the rare the coins the higher they price
about going down if there is something happen like china did where if it is related to crypto it will also affect
the law of supply and demand occurs in every time the more the user the more the coins will go the more user holding.
the rare the coins the higher they price
about going down if there is something happen like china did where if it is related to crypto it will also affect
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