Topic: The Factors of Demand and supply - page 7. (Read 897 times)
On each and every commodity related business it is purely on demand to supply availability. With bitcoin the same is a big thing for its growth in much shorter time period. In the beginning it wasn't known to the people, and when the userbase began to increase with massive adoption the price began to rise based on the lower availability to the increased demand.
In as much as I would want to believe that the factors if demand and supply are determining factors of the price of bitcoin, I also of the opinion that speculation in the cryptocurrency space, spreading both true and unfounded rumours play a very vital role in bitcoin price determination.
Considering Bitcoin with respect to demand and supply, the best thing here is that bitcoin supply is limited to 21 million. Further more if the bitcoin wallet passphrase is lost, those bitcoin will never be used ever so it will be minus from total supply. Once you will see more demand for bitcoins and knowing that its supply is limited, bitcoin price will sky rocket. Maybe you will not realize this now but for sure it will happen in future.
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?
when bitcoin has not become well-known such as current demand and total supply that can be an influence of bitcoin price movements, but when the bitcoin price is high and the government begins to know bitcoin then information from several governments in several countries can have an impact on the bitcoin price movements. In your understanding, do you think that the price of bitcoin is determined by the factors of demand and supply?
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?
In your understanding, do you think that the price of bitcoin is determined by the factors of demand and supply?
Demand and supply are closely tied to bitcoin and another crypto as determinants of prices. However, requests and offers may be controlled by several parties so that they can take advantage of that power.
Supply and demand will be one of many factors in bitcoin besides the news on everywhere. People right now want to buy bitcoin at a low price, but in another position, people would also want to sell bitcoin at a high price. But in bitcoin, some people have a large amount of bitcoin, and I think they are other factors besides supply and demands. But maybe I am wrong about that.
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?
Prices can go up and down with the demand and supply is indeed certain, but for the current situation, bitcoin price movements are very affected about outstanding issues. In addition, the occurrence of whale manipulation has made the bear market continue so far which certainly has a bad effect on the crypto market itself. In your understanding, do you think that the price of bitcoin is determined by the factors of demand and supply?
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?
As an economist I strongly believe that before one should concludes on the fact that the price of commodities went down or went up something must be responsible for the demand to be less than the supply or the other way round. Some of the reasons which the first respondent to your post has mentioned are all valid in my opinion. In your understanding, do you think that the price of bitcoin is determined by the factors of demand and supply?
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 because we can see that infect on bitcoin pricing. If you look at the order book you will find out that the buyer are not ready to pay much because we have numerous sellers that are ready to sell at a very cheap price. I think the factor of demand and supply are really playing out. In your understanding, do you think that the price of bitcoin is determined by the factors of demand and supply?
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?
In your understanding, do you think that the price of bitcoin is determined by the factors of demand and supply?
I think the demand and supply are just terms, it's just fictitious. Actually who "really needs" BTC / Alts?
In the end they will not use it for anything else but will still be sold in the same place and same exchange, but with a different position, top position.
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?
In your understanding, do you think that the price of bitcoin is determined by the factors of demand and supply?
Yes it does, the market price of cryptocurrency is affected by the demand and supply in the market. This is what determines and drives the market price. If the demand is too high the market price will surely rise.
The price of bitcoin is determine purely by demand and supply. The strategy use in bringing the price of bitcoin down is just to spread FUD that will cause investors to redraw their funds thereby causing low demand. Through this the price will go down.
But when you spread FUD you even destroy your future trading strategy as well. In short-term you may have profit but in long term, it will be disastrous. This happens because the real value of the market is not clearly depicted in the market cap. Of course the same happens when you spread fomo.
Price increase in price increase quantity supplied, decrease in price decrease quantity supply. Future expect ations. If the supplier expects prices to increase , they save their product for later, decreasing quantity supplied now.
They might burn some of their tokens so the price will be more expensive later. Supply and demand affects the price, its normal for that and the developer will do everything to improve and make the price pump. Follow the supply and deman trend, take profit on that.
The price of bitcoin is determine purely by demand and supply. The strategy use in bringing the price of bitcoin down is just to spread FUD that will cause investors to redraw their funds thereby causing low demand. Through this the price will go down.
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?
There is no other reason for bitcoin to worth anything. If a company makes a product and sells it for 100 dollars, there is three possibilities, either the product will sell A LOT and they will increase the price to something higher because they can and people will pay, or the product will sell just enough and they will keep the product at the same price, or worse scenario people will not buy for that price and since it costs them a certain amount and they can't profit anything lower they will just stop selling.In your understanding, do you think that the price of bitcoin is determined by the factors of demand and supply?
Bitcoin is not like that, the only reason bitcoin is not 100 dollars or 1 million dollars is the demand and supply, we have a limited supply but we have it all the same and people are willing to pay 3.5 thousand dollars for it now, if people were not willing to pay that much it would go down, if people were willing to pay more than it would go up.
In as much as I would want to believe that the factors if demand and supply are determining factors of the price of bitcoin, I also of the opinion that speculation in the cryptocurrency space, spreading both true and unfounded rumours play a very vital role in bitcoin price determination.
Price increase in price increase quantity supplied, decrease in price decrease quantity supply. Future expect ations. If the supplier expects prices to increase , they save their product for later, decreasing quantity supplied now.
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?
that is absolutely true. but it is only true in theory and the truth behind it is another story.In your understanding, do you think that the price of bitcoin is determined by the factors of demand and supply?
The price of bitcoins is always strongly fluctuated because behind it are many whales manipulating its value every day to benefit from investors.
If you want to invest in crypto, you should think carefully because in this market it is not easy to make money and is under a lot of pressure.
It is, IMO, among the primary reasons for bitcoin's price however these are not the only ones. You also have to factor the general sentiment of the people willing to trade, those who hold and the news circulating at any given time. Bitcoin is very much like stock markets, though bitcoin is somewhat special on its own accord, given that TA and other related indicators of measuring the price don't work for the said cryptocurrency.
Oh and by the way, rarity of something doesn't automatically make people drool over it, so there's that for supply and demand.
Oh and by the way, rarity of something doesn't automatically make people drool over it, so there's that for supply and demand.
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?
Definitely, this is the underlying principle with which Bitcoin works in terms of its movement of price, either upward or downward. Supply and demand is more simple terms works like this, if a commodity has a limited or fixed supply yet it is highly in demand on the market, that commodity automatically becomes valuable because it is hard to come by. This principle applies to Bitcoin because it has a fixed supply of 21M and in an event where its demand increases (more investors joining), the value and price will definitely increase. This is why all crypto enthusiasts must continue to contribute their quota through awareness creation. In your understanding, do you think that the price of bitcoin is determined by the factors of demand and supply?
In fact, the price of Bitcoin entirely depends on demand and supply. That fact exactly makes bitcoin vulnerable to whales
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