What affects the price of btc most? | Bitcointalksearch.org

Procopiogamscrypto

newbie

Activity: 210

Merit: 0

Quote from: ahrispool on April 03, 2018, 02:08:10 AM

There are a lot of factors influencing the price of bitcoin, including technical issues/new alts coming out/regulations/stubborn miners/conflicts between developers(or groups)...etc.

What do you think is the most crucial cause? Why did the price drop dramatically these days? Will this be a rebound point?

It's understood that the reason why bitcoin has to continue dropping and bounces a little because of the drastic increase in supply due to a massive selloff of weak people and manipulators, supposedly the demand should also be higher to meet the basic rule but instead there are some companies usually accepting cyrpto as a mode of payment had been controlling their transactions to prevent loss and to overcome this kind of situation, a large acceptance or mass adoption are needed to attract more payment center accepting crypto and encourage the people to use it not just holding to balance the circulation of crypto in the market.

newb-dev

full member

Activity: 406

Merit: 100

In my opinion the biggest factor that influences bitcoin is the fact that when the guys with huge amounts of bitcoin start to sell the prices go down

iconicavs

member

Activity: 182

Merit: 10

Business Driven CryptoCurrency based on Assest

Quote from: ahrispool on April 03, 2018, 02:08:10 AM

There are a lot of factors influencing the price of bitcoin, including technical issues/new alts coming out/regulations/stubborn miners/conflicts between developers(or groups)...etc.

What do you think is the most crucial cause? Why did the price drop dramatically these days? Will this be a rebound point?

The major reason of its highs ang lows is the population of investors who are gaining ang losing their interest in investing. If the bitcoin is in demand, it goes high if it is not then it drops very low. That's what happens and I think it's the most disturbing problem of bitcoin.

Yassin

member

Activity: 233

Merit: 10

for the moment that I know that affects bitcoin prices is bad news about bitcoin and many sites prohibit bitcoin advertisements as well as many countries forbid bitcoin to flourish in the country, thus causing panic for holders and investors around the world.
but I am still optimistic if bitcoin prices will rise again because in every market there must be down and up.

SirLancelot

hero member

Activity: 2646

Merit: 582

Leading Crypto Sports Betting & Casino Platform

Quote from: cypress257 on April 03, 2018, 09:35:27 AM

I think right now the whole credit credit card issue of purchasing bitcoin has been hurting it a lot, seems like it made a little rise today though. I actually wanted to buy more as it hit below 7k again, it's a good thing for investors and believers.

What you told was little confused. I didn’t get your point about credit card buying but what I know is bitcoins are suffering from bad times. There are so many reasons behind this downfall but what is authentic is people are continuously selling in panic situation. Although condition is really miserable, but still all these holders must show some patience and don’t just selling up continuously.

Razick

legendary

Activity: 1330

Merit: 1003

This would have to be the balance between supply and demand. If supply surpasses the demand then market prices go down and fall really low which is what we are experiencing right now with the market. With the Mt Gox sale putting so much coins into the market there wasn't enough demand to balance it out. Then cam the people who started panic selling and dumping even more coins into the market.

bitgolden

legendary

Activity: 2996

Merit: 1132

Leading Crypto Sports Betting & Casino Platform

Quote from: CryptoMoar on April 03, 2018, 08:00:28 AM

in my opinion, that greatly affects the price of bitcoin today is the level of trust people have with digital currencies. because so far a lot of negative news about digital currency and all countries have not allowed the use of digital currency so everyone is afraid if using bitcoin or altcoin will not be used to transact.

Positive and negative effect both. In my opinion these both have a tremendous impact on bitcoins prices. They are just going up and down and move such drastically that no one can even think of their next move. But when people start losing confidence in bitcoins just by hearing bad news, they sell at once that will be affecting definitely. But when at same time, people buy bitcoins, so positive effect is there too.

9jaflick

sr. member

Activity: 728

Merit: 254

Anytime there are restrictions on the use of bitcoins, their price changes drastically. However, because of the anonymous nature of the bitcoin transactions, most governments are proposing certain rules to eliminate this anonymity. For instance, there have been proposals to create a third party supervision mechanism for bitcoin exchanges. This is bound to significantly affect the bitcoin price.

The media can also influence the bitcoin price significantly. Media hype can easily lead to an increase in the price, while negative news can lead to a decline in the price. For instance, news about bankruptcy or hacks on bitcoin-related websites and services can cause panic and disruption among bitcoin users, leading to price dips. Negative news about government involvement and regulations as well as news on the use of bitcoins in illegal dealings such as drug transactions and money laundering tends to have the same impact on the bitcoin price.

AnnaGeraMsk

jr. member

Activity: 280

Merit: 2

for today I see only two factors influencing the price, it is a news factor and not a regulated market, without a control!

real_links

full member

Activity: 188

Merit: 100

I think the more people that sell off (selling order) the more the price goes down. and it's FUD that make people scared

Chaki

jr. member

Activity: 196

Merit: 1

Division of money and fund to thousands of ICOs existing in any exchanger and ICOs that are coming and this scam ICOs who make potential investors away or doubt about cryptocurrency.

jeanpadel14

full member

Activity: 210

Merit: 100

Stability of the bitcoin network is a major factor that most bitcoin enthusiasts are concerned about. Most people want a secure network where they will not lose their money. Unlike the conventional currencies like euros and dollars, bitcoins are largely perceived as economic bubbles as they are only valuable when exchanged with other currencies, but do not have any inherent value on their own. If most people and business organizations stopped accepting bitcoins, the “bubble” would burst, leading to a fall in the bitcoin price.

zhekinsp

full member

Activity: 882

Merit: 126

★777Coin.com★ Fun BTC Casino!

Quote from: zarados on April 04, 2018, 03:29:09 PM

so far I still see the regulation by the largest bitcoin adopters countries, still a factor that can affect market conditions.

Actually the regulations didn't affect the price,the rumors and fake news are the main factors which is affecting crypto currencies.We can see that lots of new spreads about regualtions and ban of bitcoin are just fake.So news affecting the price more than the actual thing.

Carmen01

full member

Activity: 294

Merit: 101

Streamity Decentralized cryptocurrency exchange

FUD and the popularity of crypto affect the btc price in market,i think also users,investors and traders have impact in price because there doing a lot of different business here to earn but not all are luck like they can lose also in investing here in crypto so that also have impact in price of btc in market

Washball

full member

Activity: 266

Merit: 151

First crypto index traded as a token!

There are only 2 things that affect the price of bitcoin: pump and dump from the whales and FUD. The whales are small in numbers but they have the largest amount of bitcoins. When they decide to pump or dump, the effect on the price is instantly dramatic. All other effects on bitcoin is the result of FUD. The negative news keeps investors away, week hands begin to sell off and the price drops, causing more panic sells. As holders we have to anticipate on pump and dumps and stay immune to FUD.

Verdika90

newbie

Activity: 24

Merit: 0

There are a number of factors that influence the price of Bitcoin over time:

Demand (demand) and Supply (supply) on the market.
Total Number of Bitcoins and Holders.
News

zarados

full member

Activity: 364

Merit: 130

so far I still see the regulation by the largest bitcoin adopters countries, still a factor that can affect market conditions.

Sirait

full member

Activity: 1890

Merit: 101

Quote from: ahrispool on April 03, 2018, 02:08:10 AM

There are a lot of factors influencing the price of bitcoin, including technical issues/new alts coming out/regulations/stubborn miners/conflicts between developers(or groups)...etc.

What do you think is the most crucial cause? Why did the price drop dramatically these days? Will this be a rebound point?

if only the above issues I'm sure will not make the Bitcoin price go down like this, I pay more attention to its sales,
I think the investors are saturated with the market conditions like this, Roll Eyes

so they make sales in the hope of re-buy Bitcoin in the price under.

_yoshi

full member

Activity: 280

Merit: 103

I think the most effect of the price of bitcoin are all those weak handed investors and wannabe traders. Those people are not interested of the price of bitcoin or the blockchain technology behind, they even dont understand it, they just looking for profit. So they are playing the whole day on the exchanges to make some money with the smallest trades. There very sensitive about fake FUD news, and as soon as they comes and tv station with some fud they selling everything. Those people effect at most the price of bitcoin.

proTECH77

member

Activity: 1120

Merit: 30

Bisq Market Day - March 20th 2023

There are so many factors that actually affect the price of bitcoin, but what I think affects it the most, is negative news, which could spring forth as a result of the regulatory problem faced by the digital currency.

Topic: What affects the price of btc most? (Read 576 times)