Topic: Question of Bitcoin Price Change - page 3. (Read 1246 times)
Bitcoin price are volatile one of its characteristic it is like in the stock market that it is base on speculation and event happening on some country. The price drop las last week because of chinas banning of ICO other are the speech of jpmorgan ceo that bitcoinn is a fraud, now it pumps up because of the hard fork that theybsaybit will increase about 35 to 40%... But you need to read more about bitcoin you can check some article from google or read some thread in the child board. Best regard to you pal
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
You need to get familiar to the words pump and dump. Pump and dumping basically caused change in supply and demand. Pump means the stage of keeping on buying, where dumping means the stage of "dumping" that is selling your coins. Pump decreases supply and dumping increases supply which caused the price to rise and fall. Investors dump when you want to exit with their profit. The price falls down, and new investors come and starts pumping the price. 
It was because of some bad news going around lately and because China has banned bitcoin but do not worry that much bitcoin will surely rise up again
There's some basic reason behind the change of price. Recently when mighty china banned the ICO its price drop. Bitcoin's value depends on supply and demand. You may not aware about it but its price start increasing again.
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
Bitcoin price ups and for last week.China want to ban ICO and bitcoin. 20% bitcoin Use in china and most bitcoin mining in china.So Bitcoin price ups down and hope bitcoin will be heat 5000$ soon.
This is a complicated question about the bitcoin price it may be increase or decrease but from the past experience there are countinously increase in the bitcoin price in future it countinously increases
The collapse of bitcoins is connected to what's happening around. And of course the rising price is also connected. As recently as China has banned the ICOs and its result was Bitcoins stinging at $ 500 just a few hours after it was announced. And then their plans to stop the Exchanger in their country have resulted in the fall of the bitcoins of nearly $ 1,500. But it has passed and has been answered. Slowly the price of bitcoins is rising and returns at a price of 4,000 $
This question was answered a hundred times before. Newbies should read more than being lazy enough to just post everything they want to know. You can learn everything here. Please try reading more.
I will still give you some easy answers. Prices are affected by supply and demand..bitcoin has limited stock. I
More in demand (many are purchasing it) the lesser the supply of bitcoins. The higher the worth it reaches.
I will still give you some easy answers. Prices are affected by supply and demand..bitcoin has limited stock. I
More in demand (many are purchasing it) the lesser the supply of bitcoins. The higher the worth it reaches.
before anything about the bitcoin price or news you are wellcome here
bitcoin price change because china has banned the ico and after month china will banned some exchage
bitcoin price change because china has banned the ico and after month china will banned some exchage
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
First of all I would like to welcome you on this bitcoin world and answering regarding on your question.Price of bitcoin is volatile and you should really get used to it and those price movements does really depend on supply and demand thing on which it is just a simple economic class and you would able to understand why do it behave like that but this movements is the best waves for trader or investors to make money with it.
Cryptocurrency generally depends on supply and demand. Recently there was a lot of negative news about bitcoin that caused people to panic and sell their coins, this then caused the price to drop. Then because the price was low, a lot people took the opportunity to buy, this then caused the price to increase.
Ultimately it comes down to the activities of bitcoin users who are buying and selling. There is no "price" of bitcoin. The prices you see listed on websites is normally an average of current prices being paid. You or I might want $10,000 per coin. However no one is going to pay that when others are selling lower.
This average price is constantly changing and can have large swings when lots of people want bitcoin, or want to sell bitcoin. Commodities like gold behave similarly.
This average price is constantly changing and can have large swings when lots of people want bitcoin, or want to sell bitcoin. Commodities like gold behave similarly.
because of the negative feedback of those billionaires and because of this very sensitive China government for banning bitcoin in their country but don not worry bitcoin will never be taken down.
I think one of its main factors why bitcoins price skyrockets is mainly because of the news about bitcoin or any update about bitcoin; and of course the supply and demand of the coin.
News is just a factor which takes bitcoin to its users but for price change adoption, supply and demand will determine completely. I see again bitcoin price is started increasing from the past 5 days. If bitcoin price volatile every hour you please utilize the time and buy some bitcoins.
This event sure is normal now Bitcoin fluctuation is cause by many factors, the supply and demand, GOOD and BAD news on bitcoin, the panic selling of many users or a lot is investing with bitcoin that is why the price skyrocket sometimes, but this kind of situations you can surely take advantage of them and you can make it all a positive thing for you, because investor wants a fast progress sometimes.
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
The value of a bitcoin is tied to the laws of supply and demand, expect it to move upwards regardless of the current downward trend. If something is both rare and useful, it must have value and demand a high price, with all other things being equal.
I think one of its main factors why bitcoins price skyrockets is mainly because of the news about bitcoin or any update about bitcoin; and of course the supply and demand of the coin.
News is just a factor which takes bitcoin to its users but for price change adoption, supply and demand will determine completely. I see again bitcoin price is started increasing from the past 5 days. If bitcoin price volatile every hour you please utilize the time and buy some bitcoins.
Bitcoin is a speculative asset. Market get largely affected by news. When there is a negative news as happened recently with China's ban, Jamie Dimon speech etc, people get panic and usually dump the price. But such dumps are short lived. Similarly when there is a positive news in market, price shoots as happened during Segwit activation. Also when demand is high, price skyrocket as happening in 2017. But along with the natural increase of price, there is a minor pump that is why a correction always takes place aftee touching ATH which reduces the price.
First rule you have to learn and accept is that Bitcoin is volatile by nature and you can't avoid that. On smaller or biger volatility influence the ratio of demand and supply, so the situation on the market but also some external factors like recent happenings in China or hard fork. It's actualy similar influence like it could be affected fiat currencies or stock exchange.
I think one of its main factors why bitcoins price skyrockets is mainly because of the news about bitcoin or any update about bitcoin; and of course the supply and demand of the coin.
There could be couple of basic reasons just like stock market where the prices move up and down. Yes in it bitcoin too we have demand and supply elasticity. Also another factor could be due to the global news if its favorable it will rise else it will fall just recently when China had ban ICO we have seen a drop in prices. People who hold huge amount of btc as a institution or private players can move the market to an extent as per their requirement y either selling or keep buying the coins which will lead to price rise.
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