Topic: what affects the price? - page 10. (Read 1758 times)
As we all know, a lot of factors influence the market of crypto currency, and the market situation can not be the same, because there is always a decline and an increase in prices. After such a rapid growth, which was at the end of the year - this decline was not surprising.
i think it is because of economic changes in cyptocurrencies.
bitcoin slowly went down this year, from almost 20k USD last December and went down at a significant price
what might be the reason why bitcoin's price is going down?
what are the major things that can greatly influence bitcoin?
answers would be fully appreciated
what might be the reason why bitcoin's price is going down?
what are the major things that can greatly influence bitcoin?
answers would be fully appreciated
1) Skills investors taking profits
2) Change in market sentiment
3) Regulatory uncertainty
4) Countries banning exchanges
5) Speculators buying at the top without really understanding the technology
6) Transaction speeds
7) Transaction prices
The worlds economy there are probably more.
Supply and demand on the market will affect the price of the altcoin.
Season come and goes and so is the price of bitcoin perhaps those miners or investor himself are factors that affect the prices...and also because of the demand of the supply of bitcoin that causes changes, and those speculating news even then the only thing we can do now is to wait.
There are many reason affecting the price of crypto particularly for bitcoin, one is the circulating bad news from social media and television destructing the image of bitcoin which is manipulated by some people who wants to buy bitcoin in low price.
Season come and goes and so is the price of bitcoin perhaps those miners or investor himself are factors that affect the prices...and also because of the demand of the supply of bitcoin that causes changes, and those speculating news even then the only thing we can do now is to wait.
I think the price varies directly from the law of supply and demand. It is the people that affects the price of bitcoin. Another is the fake news make people be afraid of bitcoin and they began panic and sell.
Shark
basically it all comes down to supply and demand. what affects those though is a whole mess of things from the news to other markets economys and all kinds of stuff. basically anything that is remotely connected to btc will affect the price .
I agree to this one, of all the answers. I also think that price varies directly from the law of supply and demand. It is the people that affect the price of Bitcoin. Every day, more people join and get involved into it, while the supply is very limited. That causes the changes that is happening to the value of Bitcoin over time.
Many people will buy and sell an electronic money based on its utility. In the present context, gadgets are simply useful ones that bring something to the user. In general, the possibility that an electronic currency can bring the user is solving the problem, the more solved the problem, the more it will buy more, because a kind of electronic money is useful Is it well worth it.
no one would have perfect answer for that, but I heard there is a law from US called CLOUD, which enables government to track crypto holders or something
bitcoin slowly went down this year, from almost 20k USD last December and went down at a significant price
what might be the reason why bitcoin's price is going down?
what are the major things that can greatly influence bitcoin?
answers would be fully appreciated
what might be the reason why bitcoin's price is going down?
what are the major things that can greatly influence bitcoin?
answers would be fully appreciated
I think that the drop of price of bitcoin is just normal. In tge market price may suddenly drop or go up depending on the number of investors. Also fake news also contributes on how the price of bitcoin go down. Fake news make people be afraid of bitcoin and they began to panic sell. But I think vitcoin will go back up again and exceed the peak that it reach before
bitcoin slowly went down this year, from almost 20k USD last December and went down at a significant price
what might be the reason why bitcoin's price is going down?
what are the major things that can greatly influence bitcoin?
answers would be fully appreciated
what might be the reason why bitcoin's price is going down?
what are the major things that can greatly influence bitcoin?
answers would be fully appreciated
This is nothing but the natural behavior of all the market and this is how they used to behave, and this is how the professional used to sell their stakes to the amateur traders. The price is going down because of huge selling off from the Big exchange Mt.Gox and demand & supply are the major things which really influence the bitcoin price to a great extent. If you are thinking to buy the bitcoin in the bad market situations like right now going on then you just need to eliminate the emotions and then plan your trades to face the win to win situation.
basically it all comes down to supply and demand. what affects those though is a whole mess of things from the news to other markets economys and all kinds of stuff. basically anything that is remotely connected to btc will affect the price .
Many things affect bitcoin price ,like peoples perception,global economy,fake news,negative news.also supply and demand from user will be essence to affect its price value.social medias fake news affect its price so much.also human greed affect its price so much.
Panic selling mostly happened to people that is new to industry and sell their bitcoin like crazy, country is not friendly that cause the price to goes down, altcoin that sell into bitcoin then sell bitcoin to fiat and lastly is scammed, lot of people is scammers.
This market has a lot of causes that affect its value, but one of the main reasons is market news. When there is bad news, the market will go down quickly, and vice versa it will go up very fast.
Which affects the price of bitcoin ups and downs is caused because No leader who leads or determines the price that an control is everyone who has the bitcoin. If someone sell all his bitcoin then it will decrease lot of price and vice versa so no one can determine or fit price.
Whales affect the price..as simple as that. There are a few dozen people in the world who have a crapload of bitcoins and they pretty much manipulate the price. When they decide to dump they raise the prices so new investors enter the market out of greed. They dump their btc on them, then drop the prices so they can buy lower...then rinse and repeat.
The most important factor of influence is the policy from different countries.
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