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Topic: what affects the price? - page 15. (Read 1758 times)

member
Activity: 264
Merit: 10
May 03, 2018, 06:48:30 PM
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 Smiley
Mate the reason is simply to us which we always dump our coins and less buying it.when we always dump or sell our coins the big possibility of this was the market turns into red that the value will goes down.
full member
Activity: 476
Merit: 100
May 03, 2018, 12:44:05 PM
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 Smiley

just calm now has been running for half a year and in my opinion for now bitcoin prices have shown price increases so to return to the price of $ 20k again seems very easy and it will happen in the near future. at least bitcoin from year to year will create a price difference and create a record for the highest price.
newbie
Activity: 73
Merit: 0
May 03, 2018, 12:25:09 PM
when people invests money in bitcoin. than its affected to bitcoin price. in digital currency you should take patients to sell bitcoin.
member
Activity: 546
Merit: 10
May 03, 2018, 12:22:43 PM
The price of bitcoin depends on 1. News 2. Governments 3. Whales who have a lot of bitcoin and which can influence the market 4. The faith of people in Bitcoin. Before the new year, many bought bitcoin for 16,000 - $ 20,000. And then they sold it with a minus. And they have repulsed all the desire to enter this unstable crypto currency.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
May 03, 2018, 11:58:24 AM
I'll give you a little bit of my analysis of the bitcoin price next

2012 - bitcoin halving
2013 - moon
2014 - problems created from mtgox and others
2015 - re-build
2016 - bitcoin halving
2017 - moon
2018 - the problem is still being created
2019 - re-build
2020 - bitcoin halving
2021 - Huh? you know that

http://www.bitcoinblockhalf.com/

Do you see bitcoin going to the moon, somehow it happens a year after bitcoin halving, so what do you think is affecting bitcoin prices you can get a little answer above  Cool Cool Cool
legendary
Activity: 2030
Merit: 1028
May 03, 2018, 11:54:11 AM
Let's compare on 2009 price and 2018's

What's affect the price ?
People's demand but why every people seek bitcoin ?

In this digital era, people prefer something fast and cheap transaction so yeah.. bitcoin is the answer and become the salvation !
newbie
Activity: 171
Merit: 0
May 03, 2018, 11:49:30 AM
Practical in the crypto market. bitcoin to me is a kind of investment, a real product. Therefore, the supply and consumption from the user will be the essence to affect the bitcoin value. In addition, the market has not been managed and controlled, and efforts to generate FUDs and distractions have always affected the market. In other words, the reaction and impact from the consumer and external influences will affect the bitcoin value and the market.
newbie
Activity: 210
Merit: 0
May 03, 2018, 11:24:38 AM
in my opinion that affect the price down is a lot of people who sell than people who buy so no wonder the price goes down
so if you expect the price to go up then be patient
member
Activity: 1022
Merit: 10
May 03, 2018, 11:00:28 AM
The governments can effect Bitcoin and cause its price to go down and up.  People can effect Bitcoin price too. For example; when the number of Google searches start to decline, Bitcoin price is effected in a bad way too.
newbie
Activity: 50
Merit: 0
May 03, 2018, 11:00:14 AM
I cant answer the question. I'll make a follow up question rather. Does the economy and status of world affect also the price?
full member
Activity: 347
Merit: 100
May 03, 2018, 10:52:16 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 Smiley


I think the user is the reason so that the price of bitcoin is changing. If there are many users , the price falls down because if there are many users,  the demand is high so the price is falling which makes the price change.  I think this is the one factor.
newbie
Activity: 47
Merit: 0
May 03, 2018, 12:37:54 AM
Things that greatly affect the price of the bitcoin is how market response against the Bitcoin is accompanied by a clear rule of law to be able to protect the perpetrators of the Bitcoin market personage who would commit fraud or any form of cheating with on behalf of Bitcoin.
sr. member
Activity: 1009
Merit: 328
May 03, 2018, 12:32:30 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 Smiley


I think it's because of the user so that it affect the price. When there are so many user here the price of it becomes low and that's only my opinion. Other said that the price of bitcoin is affected by the investor's but for me the major factors that affect it is the market.
The price is become affected during the bitcoin faces some negative issue which leads every investors lost their trust and their faith on bitcoin. So then the direct effect regarding to the price on the market place may take its place. And then the volume of the investors decrease leading on to the price goes down low.
jr. member
Activity: 173
Merit: 1
May 03, 2018, 12:23:52 AM
One thing I am sure of the reason is because of the whales who can manipulate the rice of Bitcoin which making the price either high or low.
full member
Activity: 378
Merit: 100
May 03, 2018, 12:22:52 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 Smiley


I think it's because of the user so that it affect the price. When there are so many user here the price of it becomes low and that's only my opinion. Other said that the price of bitcoin is affected by the investor's but for me the major factors that affect it is the market.
jr. member
Activity: 420
Merit: 1
May 03, 2018, 12:16:55 AM
I believe that the price is most affected by human greed, and other negative character traits.
hero member
Activity: 658
Merit: 505
May 03, 2018, 12:09:04 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 Smiley

I think demand is a major factor that affects price (all other factors being kept constant e.g FUD). However, we know thaat manipulation is now the order of the day since the futures guys started bitcoin business in December 2017. But really the main factor should be demand, i did not mention supply because i take it to be almost constant since the number of people adopting bitcoin daily far outweighs the rate at which new bitcoin come into existence and with increasing difficulty rate of mining. So increase in demand keeps pushing the price higher
sr. member
Activity: 1078
Merit: 250
http://unidapp.app
May 03, 2018, 12:00:44 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 Smiley
The price of bitcoin depends entirely on the investor's capital. Many people will keep it in large quantities and the price of bitcoin will increase, it is also affected by the volume of the market.
If the volume is high, the liquidity will be higher and the bitcoin value will increase and vice versa. That's my understanding of this, hope it helps you.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
May 02, 2018, 11:53:26 PM
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 Smiley

normally bitcoin price movements are caused by very high demand and very limited bitcoin supply but for now it seems that already it is not very applicable now bitcoin prices are influenced by the news circulating, if there is good news for bitcoin and digital currency other then the bitcoin price will go up but if there is bad news then the price will go down.
hero member
Activity: 882
Merit: 500
May 02, 2018, 11:43:37 PM
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 Smiley
In actual when we were in the last of year 2017 then at that time lots of fork were going on and that was greediness for many people who were thinking to make free coins earnings that comes from fork of bitcoin , so due to this reason many people bought bitcoin and that results into increase in the demand of the bitcoin buy and that leads into increase in price of bitcoin .
But after the end of the year 2017 we find that the value of the bitcoin forked new new coins are launching at low low prices that why results into many people to sell Thier bitcoin and that results into down in the price of the bitcoin .
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