Pages:
Author

Topic: what could cause bitcoin prices to go up and down? - page 7. (Read 2452 times)

sr. member
Activity: 812
Merit: 262
More the demand, higher will be its value. Value can increase when popularity  of exchanges increase, exchanges are access points for bitcoins. When exchanges become more people, more people will be using bitcoins due to the ease of accessibility.
Yes the change in value of coins in the market was depends on its supply and demand. Thats why sometimes we experience fall on its price because of low demand. The more invetors comethe higher it value will increase. But sometimes people keep holding which leads to fall of its price.
full member
Activity: 383
Merit: 100
bitcoin prices are influenced by various things, ranging from issues or news that is then dump or pump deliberately by someone and many more to influence the price of bitcoin
newbie
Activity: 53
Merit: 0
bitcoin is a very valuable coin. This value is lower in the market today. This situation is avoided in the future. If the investors are with bitcoin, the demand will increase if the bitcoin value is higher. People's influence also affects the rise in these values. The monetary value of the coin now stands at a considerable rate. They think that this situation will go away and rise to a higher value in the future. Wait for you. In the future, this situation will be neglected and the value will be higher.
full member
Activity: 347
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



Just like what they said it is all about the market so that bitcoin prices go up and down. Actually the worker that affect the market is the investor and I think they are the one who affect it.
sr. member
Activity: 840
Merit: 268
First of all it is because of the high volatility of the market itself that made this coin up and sometimes down. And, also it is because of the dumpster people that just dumps and dumps their coin.
sr. member
Activity: 1036
Merit: 332
DMs have been disabled. I am busy.
Right now there appears to be rampant price manipulation on bitfenix, the BTC price is often over $100 higher than other sites like Binance or Poloniex, causing all short positions to be liquidated and forcibly moving the average price higher. I think that there are definitely some whale movements getting involved nowadays fucking things up.
member
Activity: 251
Merit: 20
More the demand, higher will be its value. Value can increase when popularity  of exchanges increase, exchanges are access points for bitcoins. When exchanges become more people, more people will be using bitcoins due to the ease of accessibility.
full member
Activity: 434
Merit: 100
The Exchange for EOS Community
Cryptocurrencies especially bitcoin is basically a demand and supply scenario that's when the market price goes down, you can also see a slight change of its market price in the last 24 hours. How much more if whales are buying or selling their voluminous cryptos to the market? They really play a major role in the market's condition.
sr. member
Activity: 1036
Merit: 329
I think the good news most affects the price fluctuations of cryptocurrencies, so we just have to wait for the good news to start green.

Good news is nothing more than effect in the Bitcoin price, but if you spreading a bad news it may cause to the newcomers an fear or panic selling.
newbie
Activity: 115
Merit: 0
I think the regulatory policies of the United States, Japan, South Korea and China are too big for the cryptocurrency market.
When China and South Korea have regulatory information, the cryptocurrency market immediately turns red.

It really affects the price of bitcoin if there is an negative report or news to all individual who given bad detail or fake news regarding reputation of said coin, but still the coin normally will going up in unpredictable time.
full member
Activity: 294
Merit: 100
I think the good news most affects the price fluctuations of cryptocurrencies, so we just have to wait for the good news to start green.
newbie
Activity: 28
Merit: 0
It is bound to fluctuate.
Bitcoin and cryptocurrencies are not backed by any financial system to keep the price sfable.
Volatility is an intrinsic quality of cryptocurrency.
full member
Activity: 770
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
what I know about what can affect the rise and fall of bitcoin prices is news from the media, and the game of big fund holders.
newbie
Activity: 124
Merit: 0
the recent rejection from sec is one factor of bitcoin price to go down. another factor is the large player or the whale that manipulating the price in their favors. buy to increase the price then dump when it reaches their target price.
jr. member
Activity: 235
Merit: 1
Staker.network - POS Smart Contract ETH Token
I agree to the previous replies stating that no single entity/regulating body that controls the price of Bitcoin causing the volatility behavior of the cryptomarket itself. Also news whether positive or negative also greatly influence the trend of the market. FUD and news regarding regulatory threats or worst banning on crypto brings negative impact to the market, while positive news about adoption of the crypto gives extra boost and confidence to the investors to purchase more. Anyways, it just still follow the basic law of economics which is the law of demand and supply.
newbie
Activity: 7
Merit: 10
I think, actually, the reason why the price of Bitcoin is volatile is that there is no single entity that controls the price of Bitcoin. all holders greatly influence the rise and fall of bitcoin prices because each holder contributes to supply and demand in the market.
full member
Activity: 686
Merit: 104
because bitcoin is not related to economic conditions, the most influential on the price of bitcoin is supply and demands. consider it when the demands increase, or it can be called the volume of buying bitcoin rises then the price is likely to rise. and vice versa.
legendary
Activity: 2338
Merit: 1354
For now, I think there are some people behind pump and dumps of Bitcoin, like there are some manipulation happening now. You can also consider fake news or people spreading FUD to to other people to make the price of Bitcoin dump.
hero member
Activity: 1442
Merit: 602
Most of the time Bitcoin dips is some wall street guy comes and tells us that Bitcoin is a bubble and in a few years it will not be wortging a thing and the second one is when a country bans trading especially when there is a large number of users there third reason is the market when there is low demand and more supply prices goes down slightly and it's all at the end comes In media coverage when Bitcoin was in 15k going up to 20k the media and the internet was crazy about it until it plumped down then it ignored it again now you can see that the mainstream media have zero coverage on Bitcoin situation now they are waiting for the prices to spoke up again so they can have a story to tell.
newbie
Activity: 105
Merit: 0
So, actually the reason why Bitcoin prices are more volatile than other currencies is; the absence of any entity that controls the price of Bitcoin. The price of Bitcoin is determined by all people who have Bitcoin (regardless of number). If you have Bitcoin now, you are one of the people who determine the price of Bitcoin. If you suddenly sell all of your Bitcoin, the price will move down (because supply / supply is now increasing). Likewise, if you suddenly want to buy lots of Bitcoin, you have contributed to the number of Bitcoin requests, so the price will move up.
Now, imagine there are millions of people who have Bitcoin in the world with different selling prices and buying prices.

By gathering them all, you will get the market value between the request price and the bid price - and that is the price of Bitcoin at that time.
Pages:
Jump to: