What affects the price of btc most? - page 3.

NightCloudz07

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Quote from: Dexion on April 03, 2018, 03:13:14 AM

I think the factor that most significantly affects the bitcoin price down is due to the high sales and also the fake news made by a journalist about crypto.

but, I predict the bitcoin will rise and high again, because spreading and volume of bitcoin is still stable.

yes your right and i also hoping with that because bitcoin is can recover again bitcoin is not weak coin to giving up so lets spread that bitcoin is gonna be rise again in this coming days.

Gumpfire

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Quote from: adpinbr on April 03, 2018, 08:07:44 AM

Currently, I think what affects the bitcoin price the most is the bitcoin, itself, being banned in multiple countries since the value of the bitcoin and the number of bitcointalk users is directly proportional to each other. When bitcoin users increase the bitcoin value also increases.So, if a country bans bitcoin the number of people who uses it within that country will be deducted to the number of bitcoin users and the bitcoin value will now decrease its value. I will also like to add the strict regulations that are being implied right now slightly reduces the users because many bitcoin accounts are being banned for disregarding the rules. I suggest that they further add campaigns to spread the new rules and regulations of bitcoin and the government of each country.

Yes its true the reason that affects the price of bitcoin from decreasing is because of banning it in other countrues that the government is afraid that bitcoin or cryptocurrencies will replace the original currency, banks, and etc. The number of bitcoin users has a reflects to bitcoins price because if bitcoin users increase, bitcoins value would increase too and when bitcoin users decrease, bitcoins value would decrease too.

Vinodam

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There are several Contribution to the rise and fall of Bitcoin. But one has significant influence which is Media Coverage and dissemination of information to the public. Media is a strong force to the promotion of any business.

oppasong

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many factors that affect the price of bitcoin down drastically as with the ban bitcoin via google facebook and twiteer but also the exchange rate is now so high and I am so sure that bitcoin will be back to stable as usual because the volume of bitcoin up to today is still safe ...

Akeeto

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Quote from: ahrispool on April 03, 2018, 03:08:10 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?

to me i think its regulation.. countries... like china korea.. etc and social media like facebook are scaring potential investors away

Jay Jay crypto

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Bitcoin has many functions and uses, but we will only consider those that are salient to price fluctuations: Bitcoin ... Of course, transactions over the Bitcoin network do not directly affect the market price of Bitcoin.

Kurokonobasuke

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Quote from: ahrispool on April 03, 2018, 03:08:10 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?

I am not sure but I think the biggest thing that influences the market value of Bitcoin is the demand. It is believed to be proportional such that what happens with the demand will be reflected to the market value of Bitcoin. Given that at this moment, the market price is continuously falling,chances are high that same thing happens with the demand. Surely, dumps are temporary. The market will soon recover so holding is advisable.

usmanov123

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Chikuntv

i've heard that BTC trading looks more like FOre right now. In a sense of market makers manipulating price to get money from retail traders

Vinz2017

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the regulation of bitcoin suggested in debate in G20 whereby dacilitated by many financial institution from different countries globally.

Gabriellefull

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Quote from: ahrispool on April 03, 2018, 03:08:10 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?

I think the supply and demand of bitcoin has the greatest impact on the price of bitcoin. The bad news about bitcoin is that it will sell bitcoins in order to cause panic, so that the supply of bitcoins will outpace demand, which will lead to the price of bitcoins falling.

jerrysmith

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I think any FUD news and the panic sale most affect the btc price its my personal opinion . market is influenced by news and media so these are the main fact of btc price ups down.

Just John

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That would have to be the human factor because if people do not use bitcoin then bitcoin stops having value and the price starts dropping in respect to that. So the more users in bitcoin, the higher the price.

alroys

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a lot of things that affect the price, one of which is bad news and market behavior. let's see, when there is bad news about Bitcoin, many investors are flocking to sell their coins that cause a drop in prices. another if we calmly face bad news and do not sell our coins. definitely the price will remain stable.

xDispeLme

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now is the time to invest in bitcoin,it is becoming popular,well, the price is now hopefully the lowest...waiting for until will grow

Dudeperfect

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I think the biggest factor that affects the price is that the lack of awareness about the market. I have seen newbies/impatient investors selling/buying under the pressure of fear of missing out without acquiring any information about the market. Most of the time, it doesn't work in the way that they expect. Their actions helps panic selling wave to spread and it affects the entire market.

CryptoMoar

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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.

agentx44

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Quote from: ahrispool on April 03, 2018, 03:08:10 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?

In my own point of view, the reason why the price of bitcoin dumps dramatically these days is because of banning of bitcoin in other countries that the number of bitcoin users are starting to decrease that will affect to its price. I think the reason why pther countries banned bitcoin is because they are afraid that bitcoin will replace everything.

adpinbr

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Currently, I think what affects the bitcoin price the most is the bitcoin, itself, being banned in multiple countries since the value of the bitcoin and the number of bitcointalk users is directly proportional to each other. When bitcoin users increase the bitcoin value also increases.So, if a country bans bitcoin the number of people who uses it within that country will be deducted to the number of bitcoin users and the bitcoin value will now decrease its value. I will also like to add the strict regulations that are being implied right now slightly reduces the users because many bitcoin accounts are being banned for disregarding the rules. I suggest that they further add campaigns to spread the new rules and regulations of bitcoin and the government of each country.

Domanity

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I think that most affect the price of Bitcoin is bad news. because when there is bad news about Bitcoin, the old investors are selling their coins so the coins are abundant and the price is cheap. and for new investors who want to invest by buying coins not so because there is bad news.

ZNAQ Index

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Analysis of the price of Bitcoin shows that positive media coverage is one of the main factors driving the price.
Political risk around national currencies can also affect the price of Bitcoin as people use it to hedge against price movements in a particular currency, or they need to quickly move large amounts of value out a country or currency.
Although Bitcoin is a decentralised currency, some decisions about how it will work or evolve need to be made from time to time. These also have an impact on the price.

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