Topic: what affects the price? - page 14. (Read 1752 times)
Many crypto currencies cost less Bitcoin, Litecoin or Ethereum due to the fact that they are not widely known about the masses. Many crypto-currencies duplicate the code of bitcoin, differing from its predecessor by only minor technical nuances - the number of coins in circulation, the algorithm of proof of work, etc. The degree of similarity with bitcoin without radical improvements in technology or increase in utility also affects the reputation of the currency.
Successful hacker attacks on large crypto-exchange exchanges, such as Mt. Gox, undermine the reputation of digital currencies, adversely affecting their prices. But such innovations as increasing the security of wallets through the use of several signatures and the emergence of new opportunities for online payment can give a positive impulse to the price.
As far as I can not say clearly any reason affecting the price of the BTC. They rise dramatically, no one can advance. But perhaps due to some deliberate whaling the market and the price of BTC increase and decrease as they want.
Public perception has a huge impact on the value of the currency. So, in the case of bitcoin, people who react positively to innovation can act as a driving force. Another incentive is that the very idea of a crypto currency is attacking a corrupt banking system, and it will not be possible to cope with an emerging competitor using traditional methods. Negative reactions can be caused by the fact that crypto-currencies are often associated with illegal activities.
These are the needs of investors as well as the quality and prestige of the ico programs and do not exclude government policies and the source of electricity for digging bitcoins if they are good. will greatly affect bitcoin
Demand for Bitcoins, which is based on the awareness about Bitcoin, its popularity, trust among crypto community members, and even more. If the demand is high and the supply does not meet the demand, this causes a spike in the Bitcoin rate.Thus it is expected that the price will keep on increasing.That affects the price. 
down and rising bitcoin prices can still be tolerated, for now bitcoin prices around 7k to 10k because in the world of cryptocurrency the price is already high, which causes bitcoin prices down the biggest factor is news, for example news about bitcoin which causes investors fear and reluctance to invest in bitcoin and a lot of news that impressed "disfigure" bitcoin, news about the vulnerability of bitcoin security, news about applying the tax on bitcoin. then affecting the bitcoin price is supply and demand, etc.
These are the needs of investors as well as the quality and prestige of the ico programs and do not exclude government policies and the source of electricity for digging bitcoins if they are good. will greatly affect bitcoin
Organizations, credit unions and decks are the ones who have the biggest impact and benefit the most from the market price. Another impact on price is market sentiment. Only traders lose money in this market
a lot of negative news about bitcoin affects bitcoin prices, with a lot of negative news like google, facebook and twitter that will close all ads concerned with bitcoin or crypto, it's pretty influential that keeps bitcoin prices down.
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?
Bitcoin tends to go down at a sensitive time in the early months of the new year. That is not the first time.what might be the reason why bitcoin's price is going down?
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what are the major things that can greatly influence bitcoin?
In my opinion, the biggest impacts on bitcoin's increase / decrease are: government bans, FUDs from dump (Mtgox) processes, or panic attacks from user psychology. The most important source still is from the mining process and the demand for use in popularity.
Its the "demand and supply" that affects the price. The more the demand is high the price will surely high hence the supply is low. Yet if the the supply is high and the demand is low the price is will drop and that is the number one cause that price is affected to. lets us just continue to use bitcoin and I am hoping that more countries will embrace it for our own sake, and for the accessibility and convenience of it.
The good news and bad news of exchanges and countries effects its price increase and decrease
My view on how all crypto prices are derived:
http://www.8-ball-magic.com/index.php#anchor Magic 8 Ball.
http://www.8-ball-magic.com/index.php#anchor Magic 8 Ball.
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.
There are indeed several factors why Bitcoin went down that huge after the 2017 strong rally. In addition to the factors that you mentioned, the correction following the aggressive surge in Bitcoin's value in 2017 was quite deep as there were definitely several dumpers. That cannot be avoided as the price was really very high at that time. But now we are beginning to recover.
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
In my own opinion, I think the things that affects the price are the investors, the people , the demand from users. If the demand is high, the price is low. When the demand is low, the price is high. The fake news also affects the price because when the fake news will spread, many investors will not invest money so the price will change.
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
Natural movement of prices,and normal behavior of market ..having corrections,panic sellers,whale manipulations,more fuds and fake news this are what affects the prices ..but this is not in here permanently because the trend is changing maybe sometimes tooking long before recovery and getting slow but it will. 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
Demand and supply, good old economics
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.
some people with a great amount of coins may affecting the market price because they can dump the coin anytime.
they are called "whales". but this is just one of many factors that can affect coin price.
they are called "whales". but this is just one of many factors that can affect coin price.
The usage and the acceptability of the cryptocurrencies. Once there is usage of the cryptocurrenies and compare to the emerging market, the price is bound to increase
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