what affects the price? - page 13. | Bitcointalksearch.org

faceoff97

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Quote from: wilburwilbur on March 29, 2018, 04:51:31 AM

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

The main factor is the changes of demand from the people. Since bitcoin is all dependent on peoples decision no one can have the full control over its price. Thoigh manipulation might be done, but it will juat happen in short term period. We have heard different news about bitcoin and there is no denying that this really affect people's decison wether they will keep their investment or not. Mainstream media take also a large role on changes of price.

gunungkembar

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Quote from: wilburwilbur on March 29, 2018, 04:51:31 AM

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

just calm bitcoin prices are now entering the phase of price recovery which means bitcoin prices will try to print its highest price from year to year bitcoin prices always go up and hopefully it can be more than $ 20k.

zissmieus

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Affecting Bitcoin prices nowadays, I think that because virtual currency investors are now risking the country's economy as well as many other developed countries, Bitcoin is widely supported. Their country banned virtual currency and they do not like this happening.

De Suga09

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Quote from: wilburwilbur on March 29, 2018, 04:51:31 AM

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

Actually, noone knows the exact reason why bitcoin price is going down. But the recent downfall of bitcoin price is I think mainly because large companies such as Google and Facebook block all types of bitcoin advertisements which affects the price of bitcoin. Another factor might be the supply and demand. If a large number of people plans to sell their bitcoin, there is a huge amount of supply so prices decrease. But when noone wants to sell their bitcoin, the price will increase so that owners will be convinced to sell theirs.

Exte

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Too many factors affect the price, taking into account the policy of the government, to the withdrawal of large sums in fiat. Just need to take into account the news, and various crypto conferences.

rumexx

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News sentiments is a major market price mover either up or down. I think the various ban and regulation encted by some countries early this year is among why the price went down. People panicked and sold off even when they are at loss.

Geljames28

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The demand for Bitcoins is based on the awareness about bitcoin, its popularity, trust among crypto community members, etc. If the demand is high then the supply doesn't meet the demand, it will cause a spike in the Bitcoin rate. Fluctuation of bitcoin prices happens when there is an official statement regarding digital currency regulation. And whenever a government imposes a ban or restriction on the Bitcoin use, there is a drastic change in the price. And also negative news can cause the price to drop.

toast

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Quote from: wilburwilbur on March 29, 2018, 04:51:31 AM

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

which I know may be a lot of investor demand and bad news bitcoin also affect the price and bitcoin value, maybe that's what little I can say expected bitcoin will keep developing in the future

PETMALU11

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The number one affects the price is dumpers, because if they see the value of their token they sell it no matter what cost is, So that the reason why the value is dump.

fianaindriati

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Quote from: vonnyaries on May 04, 2018, 09:56:49 AM

for the Q1 of bitcoin i dont know why the price of bticoin is down, but some people said that its because the price of bitcoin is too high and that is the time of correction, which mean that the price of bitcoin will go down. but usually the price of bitcoin is affected by the news in the public

if for now as far as I know the bitcoin is going up bit by bit and that's also a lot of bitcoiners who are excited about all this. so we should be grateful for what we hear, this news is very difficult. hopefully also the price will add up again.

eann014

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Quote from: wilburwilbur on March 29, 2018, 04:51:31 AM

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

That is happening every year I guess, maybe it’s just that, we have the highest Bitcoin price last year that's why we see the big difference of the price this year when it drops, but as what you can see right now, it is recovering after the dips. For me, let's just also consider that bitcoin has still a good price anyways.

vonnyaries

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for the Q1 of bitcoin i dont know why the price of bticoin is down, but some people said that its because the price of bitcoin is too high and that is the time of correction, which mean that the price of bitcoin will go down. but usually the price of bitcoin is affected by the news in the public

muhammedb

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Quote from: wilburwilbur on March 29, 2018, 04:51:31 AM

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

i think is is the may reason it call business, the raising and falling of price make it a business which create room for profit and loses,
with this two things the word business is not yet complete.

Bezobraznike

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Quote from: thankyoulord on May 04, 2018, 09:28:33 AM

I think public reaction towards bitcoin can affect it's price....

Public reaction? Price is affected by the supply & demand! Public reaction is affected by the new`s, and
other mean`s.

Quote from: putri annisa on May 04, 2018, 09:09:03 AM

I think there are several factors that affect the prices, one is the news of the media that gives negative news about bitcoin, so make a lot of user panic sell to make the price bitcoin free fall of the highest price at the end of 2017 due to the number of sales. Supply and demand also affect the price.

Several factor`s affect supply & demand. One person can manipulate with supply & demand. One person
can manipulate with new`s and that affect public opinion. Panic buying or selling affect higher or lower
supply & demand, that affect the price directly. Higher supply and lower demand decrease price, lower
supply and higher demand increase the price.
Only thing that affect the price is proportion of supply & demand.

thankyoulord

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I think public reaction towards bitcoin can affect it's price....

putri annisa

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I think there are several factors that affect the prices, one is the news of the media that gives negative news about bitcoin, so make a lot of user panic sell to make the price bitcoin free fall of the highest price at the end of 2017 due to the number of sales. Supply and demand also affect the price.

The Monkey King

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Quote from: wilburwilbur on March 29, 2018, 04:51:31 AM

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

The reasons that I consider that affects the fluctuation of bitcoin price are the whales who plays in the market. Because they are the one who holds more bitcoins that's why their moves or decision really affects the bitcoin price. Another is some country who bans bitcoin. Through these those bitcoin users who are a citizen of that country will be banned from using bitcoin that may also be a factor that affects the price.

funyjackson

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it may be related to the Mt.gox event . after this exchange filed for bankruptcy , they had at least 165000 bitcoins . they may have quietly sold all their bitcoin. selling so many bitcoins in the short term has led to a bear market .

c_20

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Factors Influencing Bitcoin Price

With Bitcoin prices soaring past $20,000, the cryptocurrency has broken all predictions about its impending crash. The price has increased over 500 percent since July 2017, which is a never before seen phenomenon in history. This has sparked warnings about it spiraling beyond control. There are several influential factors that bring about such a landmark change. Here are the 5 crucial factors that impact the price at present.

- Bitcoin supply and increasing/decreasing demand
- Regulations enforced by governments on Bitcoin transactions
- Bitcoin in news: Influence of media on garnering negative and positive publicity
- Bitcoin users and developers influence the rise and fall of price
- New technological changes to Bitcoin

traderethereum

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many things that could affect the price to increase or even to decrease and it's not just by supply and demand and how people react because of one news. but as long as we can prepare for the worst thing, then I am sure that we are fine and we can continue to do trading in many exchanges. the most important to avoid the effects of the price, we need to have calmed down and don't panic when we hear one news, bad news or good news, so we can make a decision with care.

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