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Topic: What are the impactors of Bitcoin price? (Read 1029 times)

member
Activity: 490
Merit: 28
October 01, 2018, 12:43:53 AM
#51
Because Bitcoin is decentralized so the one that affect the price is only supply and demand, but there are factors that caused the supply and demand rise and fall, there are news, market manipulation, the proposal rejection, hacking, fud news and others
Of course  the supply  and demand are primary factors that dictate bitcoin price and of course it is driven by some external factors like the issue of security such as hacking, this causes  uncertainty to the mindset of the investors.
legendary
Activity: 1666
Merit: 1001
September 30, 2018, 07:41:53 PM
#50
Because Bitcoin is decentralized so the one that affect the price is only supply and demand, but there are factors that caused the supply and demand rise and fall, there are news, market manipulation, the proposal rejection, hacking, fud news and others
member
Activity: 294
Merit: 10
September 30, 2018, 03:12:55 PM
#49
Hi, I always try to understand the science of bitcoin. But stuck in one point from last few days. I really wonder that what are the factors that have high impact on bitcoin price or its movement. Your brief will be much appreciated.

I think that the main factor is the manipulation of crypto-millionaires. All the news comes out at the right time, it's a lot like collusion. Autumn is a time of good news, the price of bitcoin will grow. Crypto-millionaires are already well prepared for this moment.
jr. member
Activity: 165
Merit: 1
W12 – Blockchain protocol
September 30, 2018, 11:42:31 AM
#48
Positive news is something that can increase the price of bitcoin, if the ETF results are positive maybe the price of bitcoin can recover quickly. At the moment there is too much negative news that makes bitcoin prices fall.
hero member
Activity: 2842
Merit: 772
September 30, 2018, 12:20:03 AM
#47
There is so many impact that affect bitcoin price. For example fake news, politics and many more. So just keep holding it until the price is upper than when you buy so you can get a big profit

Fake news, FUD government regulations are some of the news that has negatively impacted the price of bitcoins. And it trickles down the investors who panics and sold off without really investigating what's the cause of the declined.

I think that being the impactors of the price of bitcoin is from the increasingly high demand, from the demand taker it will make supply very limited and make coin prices have the movement of up and down the price of bitcoin.

Supply and Demand is just an off shot of this negative news I mentioned above, obviously if there's positive news demand will increase resulting on the price moving up, while a negative news will have a bad effect as traders is influence by it to sell bitcoins.
member
Activity: 279
Merit: 12
September 29, 2018, 09:30:12 AM
#46
There is so many impact that affect bitcoin price. For example fake news, politics and many more. So just keep holding it until the price is upper than when you buy so you can get a big profit
member
Activity: 350
Merit: 10
September 29, 2018, 02:55:01 AM
#45
I think that being the impactors of the price of bitcoin is from the increasingly high demand, from the demand taker it will make supply very limited and make coin prices have the movement of up and down the price of bitcoin.
hero member
Activity: 1008
Merit: 501
September 28, 2018, 09:18:42 PM
#44
Hi, I always try to understand the science of bitcoin. But stuck in one point from last few days. I really wonder that what are the factors that have high impact on bitcoin price or its movement. Your brief will be much appreciated.
Well, it is a market and it is more like an auction market with all the traders bidding which all balls down to how high demand is as compared to supply or vice versa. However, news and some other few things can have an effect on how traders perceive the market at certain points in time.

So, one may actually want to be looking at that aspect as well. Regulation is just one of the few things, which to me, I do not even believe should really be a lot of issue anyway.
Yeah there are many aspects that affect the bitcoin market and news will also affect traders and then impact on the market.
especially when we are often exposed to negative issues and news. of course that makes the market more chaotic some time ago
sr. member
Activity: 686
Merit: 250
September 28, 2018, 09:01:04 PM
#43
Hi, I always try to understand the science of bitcoin. But stuck in one point from last few days. I really wonder that what are the factors that have high impact on bitcoin price or its movement. Your brief will be much appreciated.
There are so many factors that can influence the price movement of Bitcoin, in fact that a large majority of Bitcoin prices are demand factors. When more and more people need Bitcoin, the price of Bitcoin will increase and vice versa, when the more people start leaving Bitcoin, the price will decrease. This is a scheme that is certain and cannot be denied that the support of all of us will determine the direction and future of Bitcoin in the global market.
hero member
Activity: 1022
Merit: 503
September 28, 2018, 08:04:23 PM
#42
factors that greatly affect the price of bitcoin is the demand factor. where as more and more bitcoins are used then the price will increase and as fewer are attracted to bitcoin the price will decrease. that's why the bitcoin price always fluctuates every time.
Correct, if the demand goes high and people are buying bitcoin then it makes the price fluctuates higher. But expect that this won't last as there will be swings that will come. If bitcoin won't fluctuate or it will only move with a positive line, it won't be the best coin of all.

And this volatility made bitcoin lucrative than ever and this is what gives people some thrill and chill. Well I guess nobody wants a stagnant price like it will be boring tho as gold and there's nothing tangible that czn gives us a profit within a year.

Btw, fuds is also a factor however this is being use by whales to manipulate the price.
legendary
Activity: 3514
Merit: 1548
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September 28, 2018, 08:07:02 AM
#41
There are a lot of things that are doing the whole thing on the market. But the basics are simple and pretty much the same as in all markets  it is supply and demand. if demand is high then prices rise, if demand is low, prices fall. Also in my opinion on this market a strongly influenced have founding father of bitcoin Satoshi himself. No one knows who he is and that's why I think It has a great influence on the whole market.
legendary
Activity: 1330
Merit: 1019
Hi, I always try to understand the science of bitcoin. But stuck in one point from last few days. I really wonder that what are the factors that have high impact on bitcoin price or its movement. Your brief will be much appreciated.
Well, it is a market and it is more like an auction market with all the traders bidding which all balls down to how high demand is as compared to supply or vice versa. However, news and some other few things can have an effect on how traders perceive the market at certain points in time.

So, one may actually want to be looking at that aspect as well. Regulation is just one of the few things, which to me, I do not even believe should really be a lot of issue anyway.
newbie
Activity: 77
Merit: 0
This thread has many opinions: https://bitcointalksearch.org/topic/what-affects-the-price-3215998

Basically no one knows for sure, but it's related to supply and demand, FUD, market manipulation, policy implementation, etc. Everything and anything at times!
Yeah, and the thing here is that even though a lot of people keep saying demand and supply which is the normal economical stuff we all know, but what we really need to know is what drives this? Certainly, we cannot say usage, because virtually everyone is investing and the percentage of people really using bitcoin as a currency is low, and to me, presently, it is just all about the whales and traders doing their thing and nothing else.
full member
Activity: 434
Merit: 100
Hi, I always try to understand the science of bitcoin. But stuck in one point from last few days. I really wonder that what are the factors that have high impact on bitcoin price or its movement. Your brief will be much appreciated.
Bitcoin is improving day by day and its innovation really helped it a lot on attracting more investors and to become more influential in different part of the world. Investing on bitcoin is one of the best thing you could do right now since its value has become more expesive nowadays. It is not too late and you should not hesitate anymore about investing on bitcoin, do it while you still can.
I agree that bitcoin is improving thanks to the efforts done by the developers but the big problem is that many of the people that should benefit the most from investing in bitcoin like poor people do not know that bitcoin exists or they are simply too afraid to invest in it despite all the benefits they could get by investing in it and that is a shame since they could change their life by investing in bitcoin before the price goes up.
newbie
Activity: 20
Merit: 0
1. Law of supply and demand. (Number of bitcoins in the market and in circulation)
2. Volume of trades
3. News
4. Speculations
5. Whales manipulation

Almost the same factors with the others in my own point, these are the things that what gives bitcoin a wave for its price.
You have enumerated the major factors that leave deep impact on the bitcoin prices. If we look at the prices of bitcoin two months ago, they were soaring because there was less demand of bitcoin. People were getting rid of it just because of continuous decrease in its values. Now when the prices have started recovering, people are buying again increasing the demand. All other factors also contribute to all this.

You guys nailed it!
full member
Activity: 368
Merit: 104
1. Law of supply and demand. (Number of bitcoins in the market and in circulation)
2. Volume of trades
3. News
4. Speculations
5. Whales manipulation

Almost the same factors with the others in my own point, these are the things that what gives bitcoin a wave for its price.
You have enumerated the major factors that leave deep impact on the bitcoin prices. If we look at the prices of bitcoin two months ago, they were soaring because there was less demand of bitcoin. People were getting rid of it just because of continuous decrease in its values. Now when the prices have started recovering, people are buying again increasing the demand. All other factors also contribute to all this.
jr. member
Activity: 53
Merit: 14
Hi, I always try to understand the science of bitcoin. But stuck in one point from last few days. I really wonder that what are the factors that have high impact on bitcoin price or its movement. Your brief will be much appreciated.
Bitcoin is improving day by day and its innovation really helped it a lot on attracting more investors and to become more influential in different part of the world. Investing on bitcoin is one of the best thing you could do right now since its value has become more expesive nowadays. It is not too late and you should not hesitate anymore about investing on bitcoin, do it while you still can.
full member
Activity: 434
Merit: 100
Hi, I always try to understand the science of bitcoin. But stuck in one point from last few days. I really wonder that what are the factors that have high impact on bitcoin price or its movement. Your brief will be much appreciated.
There are many factors that affect the price of bitcoin, the most simple is the supply and demand, the supply of bitcoin is fixed at 21 million coins however not all of those coins are always up for sale and the second factor is the demand, the demand can change very wildly in a matter of a few hours that is why you can see drops in the market of 10% in less than a day.
newbie
Activity: 266
Merit: 0
Bitcoin is increasing day by day whatever I think the primary factors in the development of Bit coin’s cost are request and supply, which are influenced by news: specialists, the legislature of various nations and everything that influences the authorization of bitcoin. This is the common rule of any market that affects the price. Moreover the amount and distribution of bitcoin is the another factor. So invest money in btc is great idea for new investors.
newbie
Activity: 294
Merit: 0
There are many factors which affect bitcoins price but mostly i think when demands are high then price will be increased and when demands are low then price will be decrease. Huh
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