what affects the price? - page 9. | Bitcointalksearch.org

OMGyasuo

full member

Activity: 149

Merit: 100

Quote from: wilburwilbur on March 29, 2018, 03:51:31 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

Any item on the market, the consumer's demand for that item is directly affecting the price, including btc or other altcoins. In addition, the information is not good and policies are also indirect factors that affect the trading market.

Mikasa77

member

Activity: 140

Merit: 10

Quote from: wilburwilbur on March 29, 2018, 03:51:31 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

For me, one of the reason why bitcoin has a low price now is the season, like now its summer, every summer people wants to go to beach to relax, many people use money to fulfill their needs in sunmer season, the money of bitcoin is lessen because many users withdraw their money and also because the war now, users cannot use bitcoin because they are afraid that they will caught by the terrorism orvthe government because there is a lot of countries who do not approved the bitcoin in their countries.

bling-bling

full member

Activity: 364

Merit: 100

Quote from: wilburwilbur on March 29, 2018, 03:51:31 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

A few reasons you can ponder on:
1. Demand and Supply
- The demand for Bitcoin increases every single day which lessens the supply. And when supply decreases with an increasing demand, price increases due to the impending scarcity.

2. Seasonal Effect
- Bitcoin's price surged in the second half of 2017. Now one reason may be the incoming holidays. Users massively bought starting June/July towards the end of 2017 resulting to a dramatic increase in Bitcoin's price. And then they started to sell off at this rate to gain profit for their holiday expenses. Thus, the fall of Bitcoin's price. Simply said, buying results to price increase whereas selling results to price decrease.

SkustaClee

full member

Activity: 476

Merit: 100

Quote from: wilburwilbur on March 29, 2018, 03:51:31 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 demand and the supply. Prices of cryptocurrencies are always changing due to the supply and demand in the cryptocurrency market. The capitalization of cryptocurrencyy market is continuing to grow because the demand of the people are also growing.

judemarco1996

member

Activity: 210

Merit: 10

What affects the price of bitcion is an interesting topic that i really wanted to know, but as far as i know, the value of commodity depends on the principles of market and demand, the higher the demand on every commodity and if there is not enough supply to sustain that demand then the price of such commodity increases. Since bitcoin is very popular and more and more people wanted to be part of this trading, it makes the bitcoin very dependable and yet very volatile so its value and price is undetermined and cannot be predicted. Anoher thing, laws, rules and policies of controlling authorities might also affects the price of a commodity.

Khupeha

newbie

Activity: 70

Merit: 0

in my opinion, except variability in trade, the price of bitcoin is influenced by the positions of different world authorities-somebody supports the crypto-currency, who, on the other hand, prohibits

kuckong

member

Activity: 184

Merit: 10

Token That Will Transform The Venture Capital Mark

I think many factors that affect the price down. not only bitcoin prices are down, the price of the other crypto also a lot of down. In my opinion, it may be because of negative news and people's beliefs about bitcoin. Not a few people who do not believe and there are still governments in a country that has not legalized bitcoin.

hardtargetbtc002018

newbie

Activity: 173

Merit: 0

Quote from: kucritt on May 07, 2018, 08:46:02 AM

the price that need to adaptation with the market, because the price of bitcoin is too high increase in short time, its makes the price of bitcoin is not stable and i think bitcoin need the correction time to makes the price of bitcoin is stable, and i think it is the reason that makes bitcoin price is down right now

I really believe that the bad news aired in social media and television is the big impact of change of bitcoin price in the market because it creates panic selling.

jemarie20

member

Activity: 434

Merit: 10

Quote from: wilburwilbur on March 29, 2018, 03:51:31 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

There are many things that we can considered as a reason why bitcoin price sometimes rise and rise but sometime bitcoin price is red.

The bitcoin price is depends on the number of demand in the market and the number of bitcoin user who are accepting bitcoin as payment.

Ashong Salonga

sr. member

Activity: 882

Merit: 260

Quote from: fluctuations on May 07, 2018, 08:32:19 AM

In fact, there are many factors that affect the price. Specifically:
1. Influenced by other virtual currencies: Ethereum, Ripple, Litecoin
2. Political and economic events around the world: economic activity, financial markets are always fluctuating under the decisions of a nation, and so is bitcoin.
3. Supply and demand of the market
4. Technical issues: There are some gaps in the security of transactions on the electronic platform, so the hacker has abused this and hacked.
5. Total number of bitcoins and the number of bitcoin owners
6. Influenced by bitcoin digging groups
7. Management: rigid or flexible management will negatively or positively affect the price
8. Competition: Contestants can steal the marketplace of bitcoin.

Market fluctuations normally happens and there could be many factors that affects its price. For instance, the of supply and demand may apply. Also the influenced of other virtual currencies as stated above and etc.

kucritt

full member

Activity: 616

Merit: 100

the price that need to adaptation with the market, because the price of bitcoin is too high increase in short time, its makes the price of bitcoin is not stable and i think bitcoin need the correction time to makes the price of bitcoin is stable, and i think it is the reason that makes bitcoin price is down right now

12tribes

member

Activity: 378

Merit: 11

A number of reasons affect the price or at the market. First and primarily is an avalanche or huge release of the coins in the market. This can be 'whales' pouring what they have kept in the vaults in order to make money. This results in the plummeting of bitcoin price. Another reason may stem from the loss in confidence from holders of the bitcoin and a general chaotic situation of the market due to poor or mismanaged information.

RavagedLife

newbie

Activity: 224

Merit: 0

As per my opinion , i think there are various things which directly affects the BTC rate. Like dumping and Pumping various BTC dependent Altcoin , Various News around the world and the acceptance of Bitcoin in new countries etc . so many ...

fluctuations

newbie

Activity: 183

Merit: 0

In fact, there are many factors that affect the price. Specifically:
1. Influenced by other virtual currencies: Ethereum, Ripple, Litecoin
2. Political and economic events around the world: economic activity, financial markets are always fluctuating under the decisions of a nation, and so is bitcoin.
3. Supply and demand of the market
4. Technical issues: There are some gaps in the security of transactions on the electronic platform, so the hacker has abused this and hacked.
5. Total number of bitcoins and the number of bitcoin owners
6. Influenced by bitcoin digging groups
7. Management: rigid or flexible management will negatively or positively affect the price
8. Competition: Contestants can steal the marketplace of bitcoin.

raybut37

newbie

Activity: 98

Merit: 0

Quote from: paulo29 on May 07, 2018, 08:24:39 AM

Honestly I do not know what affects the price of bitcoin, but from my own point of view the price value of a commodity depends on how the people value it. Truly most of all transactions or the value of commodity depends on the principles of market and demand, the more and more people demand on every commodity and there is no enough supply to sustain that demand then the value of such commodity increases. Since bitcoin is very popular and more and more people wanted to be part of this trading, it makes the bitcoin very dependable and yet very volatile so its value and price is undetermined and cannot be predicted.

I think that the fluctuation of price of bitcoin is just normal and the number of investors and the fake news circulated causing panic selling of investment also affect the price.

paulo29

newbie

Activity: 147

Merit: 0

Honestly I do not know what affects the price of bitcoin, but from my own point of view the price value of a commodity depends on how the people value it. Truly most of all transactions or the value of commodity depends on the principles of market and demand, the more and more people demand on every commodity and there is no enough supply to sustain that demand then the value of such commodity increases. Since bitcoin is very popular and more and more people wanted to be part of this trading, it makes the bitcoin very dependable and yet very volatile so its value and price is undetermined and cannot be predicted.

hcoin01

newbie

Activity: 135

Merit: 0

The biggest factor determining the prices is the money entering and leaving the marketcap. If there is a large amount of money entering the marketcap, the prices are going up. If money comes out, prices are falling. I need to do a good analysis. Keep track of your token you invest.

tony kurniawan

newbie

Activity: 151

Merit: 0

Quote from: traderethereum on May 04, 2018, 06:04:55 AM

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.

Too many factors affect the price of bitcoin, among others, government policy, news circulating in the community up to panic sellers can affect bitcoin prices.

KingOfWinterfell01

full member

Activity: 504

Merit: 100

Quote from: wilburwilbur on March 29, 2018, 03:51:31 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'm thinking about the media and hacks that were recently reported in the past months. The hacks really affected the balance of pricing of almost all cryptocurrencies out there. We also have the supply and demand which is fairly obvious because bitcoins are easily sought after by everyone.

lqqbyook

newbie

Activity: 54

Merit: 0

In fact, all markets are the same. The most important factor affecting prices is supply and demand. But in the encrypted market prices will also receive a lot of media news, the market is not a mature market, all the news received a great impact.

Topic: what affects the price? - page 9. (Read 1758 times)