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Topic: what could cause bitcoin prices to go up and down? - page 5. (Read 2452 times)

member
Activity: 798
Merit: 10
I want to know what you think, what affects the bitcoin price, so we can find out when to sell and buy bitcoin, because now the bitcoin price drops again  Huh

Bitcoin price determined by supply and demand, its like other commodities in any market. But the most issue that affecting on bitcoin price right now is negative news or fake news. Fakes news is very dangerous because makes people panic and selling their coin with cheaper price
newbie
Activity: 34
Merit: 0
Personally i think that bitcoin news can affect to its price. Whether it will go up or down, depends on this news is good or not
jr. member
Activity: 196
Merit: 6
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I think, the cause of the bitcoin's price goes up and down is because it is not yet a true currency. Most of the people don't yet trust bitcoin somaybe that's it. But if bitcoin became one of the top 3 currency in the world, well maybe it will be stable then.
sr. member
Activity: 677
Merit: 250
which causes the price of bitcoin to rise and fall is supply and demand, maybe it can be one of the best ways to increase prices or reduce prices. so I think that is a reasonable cycle in increasing bitcoin prices and also it might be a big jump.
copper member
Activity: 126
Merit: 0
I think what the other people say about bitcoin it influence it the most and also effect its market value.For instance when people here about bitcoin scams the market value of bitcoin drop down whereas,when news come about that bitcoin is regulate in other new country it increase the market share of bitcoin.The market of coins go up and down with the news of bitcoin in the market.
member
Activity: 205
Merit: 10
I think that btc price is the one that is not stable now as well as prices for other coins. To my mind, you should do your best to trade wisely keeping btc until the price stabilises. To my mind, this is the best choice
hero member
Activity: 840
Merit: 520
I want to know what you think, what affects the bitcoin price, so we can find out when to sell and buy bitcoin, because now the bitcoin price drops again  Huh
We all know that bitcoin is a volatile crypto currency and its valuation keeps on flactuation with time and varies according to market demand and supply and then the second point that comes in the favour of flactuation in the valuation is that bitcoin is a kind of investment too so the valuation flactuation is very common as higher the number of investors investing into bitcoin and higher the amount and capital they are investing and specifically the bitcoin whales, resulting in higher supply of bitcoin and then resulting in higher valuation and vice versa.
full member
Activity: 434
Merit: 101
I think, maybe because this year there are too many negative issues about bitcoin. So that greatly affects the price of bitcoin, especially the issue of ETFs. So my conclusion is, if we want to know when is the right time to buy / sell bitcoin, we must be diligent in following the development of news about bitcoin or crypto
It is probably because of the investors or the people involved into it. The panic sellers have the big factor when they tend to sell or panic sell then probably the market will be affected. As long as there is a huge popularity or there are more users then the market is good. And if it has a small number of users then it will be not in a good situation.
full member
Activity: 504
Merit: 100
I want to know what you think, what affects the bitcoin price, so we can find out when to sell and buy bitcoin, because now the bitcoin price drops again  Huh

Mostly because of demand and supply. The higher the demand of bitcoins, the higher the price gets; likewise, the supply of bitcoins become low or high, then the price would be higher and lower respectively. Panic selling and panic buying causes the price of bitcoins to inflate really high like a bubble.
member
Activity: 102
Merit: 10
What causes bitcoin to rise is the number of requests from investors and officially digital currencies from all countries.
newbie
Activity: 180
Merit: 0
I don't know for sure... Maybe because many buyers are bidding low prices, so the price of bitcoin is down again... If the price of bitcoin goes down, we should wait patiently for the price of bitcoin to rise again...
sr. member
Activity: 2114
Merit: 268
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The main mechanism for raising prices is the number of people who will invest in it, which is why the price has fallen, as soon as a large investment begins and then either growth or decline in future growth will follow.
Yes I agree on that. The price of the bitcoin really depend on the number of the investors on the crypto market. If the number of the investors increase the price will also rise because the demand may also get higher. And if the market will full of dumpers the price will may fall.
Don't forget about news  Grin, we all know when bad news come, bitcoin can affected. Really affected and it is happen in opposite ways. I think a lot of factor can affect in bitcoin price.
full member
Activity: 728
Merit: 101
Nobody knows why it happened, even though you have a tool or bot that can read the movement of bitcoin, still you can't be sure when bitcoin goes up and down.
sr. member
Activity: 1148
Merit: 300
The main mechanism for raising prices is the number of people who will invest in it, which is why the price has fallen, as soon as a large investment begins and then either growth or decline in future growth will follow.
Yes I agree on that. The price of the bitcoin really depend on the number of the investors on the crypto market. If the number of the investors increase the price will also rise because the demand may also get higher. And if the market will full of dumpers the price will may fall.
jr. member
Activity: 574
Merit: 1
for me there are some basic things which i have discover which cause the rise and fall of bitcoin
ánd some of those things are;
1. High investors: when the high ranking investors want to make some extra money from bitcoin they will just stand up one day and raise a bad news about it and people will be afraid and start selling off their btc

2. it is the influence of the media, any time that we stop listening to fake news outside the price of btc will stop to go down.

WHAT MAKES IT TO GO UP AGAIN
1. the thing which makes the price to rise up again is you and i, if we decide not to sale in a lower price and put a first price which we want to sale our coin there is no how buyers will not increase their staking to it.

2. International News: if there is a great news from outside the world how a country have legalized the use of btc  it will also boast the price of it.
10c
full member
Activity: 658
Merit: 100
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The main mechanism for raising prices is the number of people who will invest in it, which is why the price has fallen, as soon as a large investment begins and then either growth or decline in future growth will follow.
newbie
Activity: 55
Merit: 0
The more investors bitcoin have the more positive input it will provide to the price of bitcoin. However, scams and other security issues that bitcoin face and as well with the government not supporting it fully it really negatively impact the image of bitcoin to possible investors.
jr. member
Activity: 52
Merit: 1
As I know, the most important thing can affect to bitcoin prices is news. Everyday there are a lot news about bitcoin, i think it can affect the price a lots.
jr. member
Activity: 252
Merit: 4
There are many factors that influences the price of bitcoin.
- Market forces
- Major annoncements
- Manipulations (by exchanges or whales)
Some or all of these factors can affect the price possitively or negatively.
sr. member
Activity: 644
Merit: 257
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The people who are selling or buying it are the cause of the price movement,
The price of Bitcoin only depends on the demand so if the demand decrease or increase the price would move.
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