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Topic: The Factors of Demand and supply - page 6. (Read 927 times)

newbie
Activity: 15
Merit: 0
February 10, 2019, 04:11:01 PM
#56
Well, as it were, the basic market definition of cryptocurrency is based on this. The course grows if large investments flow into cryptocurrencies, similarly a fall.
jr. member
Activity: 1050
Merit: 1
February 10, 2019, 03:19:21 PM
#55
In anything buying and selling, the factor: demand and supply always play crucial role in determining the price of a commodity especially in a free market like cryptocurrency market. As far as bitcoin is concern, its price is influenced greatly by the supply in circulation and of course how people demand for it.
copper member
Activity: 381
Merit: 1
February 10, 2019, 01:26:31 PM
#54
That's right, demand and supply factors are an influence on market prices, but demand and supply factors are also influenced by the news circulating.
full member
Activity: 700
Merit: 100
February 10, 2019, 12:30:16 PM
#53
The factors of supply and demand defines every aspect of our life. In cryptocurrency issue, I believe that it is the same as our daily commodities. If bitcoin is recognized by the goverment then the demand on it will rise. The price is determined based on the availability of supply.
newbie
Activity: 252
Merit: 0
February 10, 2019, 11:41:42 AM
#52
Supply and demand is certainly the key here as demand is increasing globally, especially in countries with a poor economy. And bitcoin is deflationary, not enough coins minted, with less being produced after each halving event

if the time comes that bitcoin is still the major coin,the price will be better due to the demand in the market internationally. Once the government of major countries accepts the use of cryptocurrency it will be the next big thing.
Big countries are hard to convince because they also have interests, they have banks to protect which is the opposite of crypto since we are
decentralized here. Everyone should continue promoting crypto, educating people so the government will see that we are still supporting despite
our bad image to some who does not fully understand what crypto is for.

The proper regulation will lead to adoption and i think in time we can achieve that with our government being positive with crypto, and when
big countries adopt, everything will follow and we will have a constant growth.

Cryptocurrencies have been created as an alternative to the overly regulated world of traditional finance, which generates an increasing concentration of capital and power in the hands of banks and large corporations year after year.

In essence, the digital currency market is as close as possible to perfect competition. Such a model implies a free exchange, free of coercion and without extraterritorial coercion, on the will of the interacting parties.

If digital money is spread as much as possible, banks will lose their power over people. Nowadays, banks are parasites that do not produce anything, but only rob people. In essence, banks should help countries develop, not rob from, for the sake of their profits.

Cryptographically protected digital currencies in distributed networks are clearly not in a position to "win". However, the actions of major players in the world of traditional finance can create certain obstacles to the growth of the cryptographic industry, in particular the development of its infrastructure. In the future, the trend towards regulatory barriers in the form of KYC/AML, various limits and other tricks for governments and banks to make it difficult to purchase cryptographic assets through popular payment methods may be expected to increase.
full member
Activity: 658
Merit: 102
February 10, 2019, 04:05:21 AM
#51
Bitcoin is the same way the price of your mobile phone, a bag of any fruits, and just aboutevery thing else is determined. Supply abd demand has been the determining factor in setting the value of not only bitcoin but also to the other cryptocurrencies. Exchanges and the presence of many cryptocurrencies competing in the market can also affect the price of bitcoin.
sr. member
Activity: 1344
Merit: 253
February 10, 2019, 01:50:40 AM
#50
of course bitcoin is influenced by demand and supply factors, even pure bitcoin prices occur from these supply and demand. when demand rises and supply is limited, then people will be willing to buy at high prices, and this is what makes the price of bitcoin soar, and vice versa
full member
Activity: 854
Merit: 104
February 10, 2019, 01:06:34 AM
#49
When I was in college we were taught that the price of any commodity is determined by the factors of demand and Supply to a large extent.
In your understanding, do you think that the price of bitcoin is determined by the factors of demand and supply?
Of course, the price of bitcoin, as well as other types of cryptocurrency is determined solely on the ratio of supply and demand. The price of a decentralized cryptocurrency is not regulated by any other authorities. Therefore, it is difficult to predict its price. It can change very quickly under the influence of certain news information and therefore has a very high price volatility.
full member
Activity: 602
Merit: 111
February 09, 2019, 10:39:59 PM
#48
When I was in college we were taught that the price of any commodity is determined by the factors of demand and Supply to a large extent.
In your understanding, do you think that the price of bitcoin is determined by the factors of demand and supply?
yes I also trust it will be true that demand only decide the price of anything if the demand was reduced the value also be reduced for example gold will be increasing the price with the demand so I also trust Bitcoin price this is with the factors of demand.
member
Activity: 473
Merit: 11
February 09, 2019, 06:53:16 PM
#47
Yes, i think the demand and supply has a greater impact in cryptocurrencies since things like this was like Bubble and how people's Interest was the cause.
Also, i don't know why if you look at some coins then you will see that higher supply also cause those coin's prices tend to always declining.
full member
Activity: 644
Merit: 100
February 09, 2019, 05:57:05 PM
#46
of course supply and demand factors really influence quite a bitcoin prices, because bitcoin itself has a limited supply and high demand, so the price can go up very high, but it is also influenced by trends in the crypto market which make prices bitcoin cannot rise even though the demand in the market is quite large.
jr. member
Activity: 238
Merit: 3
February 09, 2019, 05:05:58 PM
#45
When I was in college we were taught that the price of any commodity is determined by the factors of demand and Supply to a large extent.
In your understanding, do you think that the price of bitcoin is determined by the factors of demand and supply?

Personally yes, I believe the crypto market is determined by demand and supply, although I think it's also sometimes manipulated by big whales.

Yes, the big whales manipulate the market mostly, they supply a lot of demand thereby dumping the price and create a panic sells order, innocent investors then sell at loss as the price goes down further, then whales buy back in at cheaper price.
member
Activity: 434
Merit: 38
February 09, 2019, 04:57:56 PM
#44
When I was in college we were taught that the price of any commodity is determined by the factors of demand and Supply to a large extent.
In your understanding, do you think that the price of bitcoin is determined by the factors of demand and supply?

Personally yes, I believe the crypto market is determined by demand and supply, although I think it's also sometimes manipulated by big whales.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
February 09, 2019, 04:52:58 PM
#43
Supply and demand is certainly the key here as demand is increasing globally, especially in countries with a poor economy. And bitcoin is deflationary, not enough coins minted, with less being produced after each halving event

if the time comes that bitcoin is still the major coin,the price will be better due to the demand in the market internationally. Once the government of major countries accepts the use of cryptocurrency it will be the next big thing.
Big countries are hard to convince because they also have interests, they have banks to protect which is the opposite of crypto since we are
decentralized here. Everyone should continue promoting crypto, educating people so the government will see that we are still supporting despite
our bad image to some who does not fully understand what crypto is for.

The proper regulation will lead to adoption and i think in time we can achieve that with our government being positive with crypto, and when
big countries adopt, everything will follow and we will have a constant growth.
newbie
Activity: 32
Merit: 0
February 09, 2019, 04:16:53 PM
#42
This is the most obvious fact in relation to the world of cryptocurrency. Because their price depends only on supply / demand, and that is, on market capitalization.
full member
Activity: 1008
Merit: 101
February 09, 2019, 01:22:13 PM
#41
I would like to believe that it is true for Bitcoin too, but we know that different strategies are used to simulate fake demand and supply by scrupulous exchanges. We know transaction volumes are faked and we also know whales are used to manipulate the price.   Tongue

A lot of the regulated exchanges are playing by the book and you will not find fractional reserve practices, but these things are happening on the more dodgy exchanges.  Angry
Yes it is very important factor about the price as when so many bitcoin will  be sold so demand will be a little down, because the more people sell the more price gets down but when people keep on holding so price will rise because demand will be high so that’s why I always hold and buy  at low price while I never think about selling now about selling.
sr. member
Activity: 980
Merit: 261
February 09, 2019, 09:48:38 AM
#40
Supply and demand is certainly the key here as demand is increasing globally, especially in countries with a poor economy. And bitcoin is deflationary, not enough coins minted, with less being produced after each halving event

if the time comes that bitcoin is still the major coin,the price will be better due to the demand in the market internationally. Once the government of major countries accepts the use of cryptocurrency it will be the next big thing.
member
Activity: 616
Merit: 11
February 09, 2019, 09:37:33 AM
#39
Supply and demand is certainly the key here as demand is increasing globally, especially in countries with a poor economy. And bitcoin is deflationary, not enough coins minted, with less being produced after each halving event
legendary
Activity: 2492
Merit: 1232
February 08, 2019, 04:16:04 AM
#38
I would like to believe that it is true for Bitcoin too, but we know that different strategies are used to simulate fake demand and supply by scrupulous exchanges. We know transaction volumes are faked and we also know whales are used to manipulate the price.   Tongue
Yes, because of manipulation. Demand and supply should always be balanced. In Bitcoin, today's demand x supply status is = supply>demand.  Compared to before, the demand in cryptocurrency is quite low but there's a theory that today's status of demand and supply in bitcoin will dramatically change because of the things that will happen soon.

If you are going to analyze it, the most influential and the alphas of the world are trying to get ready for something and will affect almost every field, aspect, and industries of life. Cryptocurrency will be going to be on demand and so on the golds. Fiat currency will go down and the only currencies that will matter will be the digital assets and a bunch of golds.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
February 08, 2019, 01:30:48 AM
#37
I would like to believe that it is true for Bitcoin too, but we know that different strategies are used to simulate fake demand and supply by scrupulous exchanges. We know transaction volumes are faked and we also know whales are used to manipulate the price.   Tongue

A lot of the regulated exchanges are playing by the book and you will not find fractional reserve practices, but these things are happening on the more dodgy exchanges.  Angry
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