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Topic: what could cause bitcoin prices to go up and down? - page 8. (Read 2452 times)

member
Activity: 294
Merit: 16
To say bitcoin is volatile is an understatement. Its price can swing wildly on the turn of a dime, making and breaking fortunes in the process. That might lead you to ask: What affects the price of bitcoin, anyway? Truth be told, it’s a complicated question we might not be able to answer for sure. However, you have a few ways that might help you see where bitcoin’s price is headed. If you keep an eagle eye on cryptocurrency news, you just might be able to buy or sell bitcoin profitably before everyone else catches on. But a big caveat that comes with all cryptocurrencies: There’s no guarantee. To keep up with events that may affect the price of bitcoin, check out our bitcoin newsfeed.
jr. member
Activity: 240
Merit: 1
There are a lot of variables that add to the vacillation of Bitcoin value;
Programmers can upset the circulation of the digital currency in the market.
Public sentiment is basically the perspectives that people have toward Bitcoin. This is constantly ascribed to the picture given to Bitcoin by the financial specialists and media platforms.


full member
Activity: 490
Merit: 100
In my opinion, influencing the rise and fall of bitcoin prices is bitcoin investors and sellers, with the price agreement they make to make the price of bitcoin.
newbie
Activity: 31
Merit: 0
This depends on the demand for bitcoin,  the higher the demand,  the higher the value and price of a commodity and vice-versa. If man at large welcome bitcoin with an open arm,  this incentively skyrockets the value and price of bitcoin and makes it stable.
newbie
Activity: 168
Merit: 0
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
The one factor that I think affects the price of bitcoin is the supply and the demand in the market if the supply is low and the demand is high then the price of bitcoin will go up and if the supply is high and the demand is low the price of it will go down.
In my opinion, Bitcoin prices increase only when governments around the world recognize the legitimacy of the money. Of course, the communication of the benefits of Bitcoin in particular, electronic money in general will be for the state media. And there's no reason Bitcoin's prices do not go up dramatically. And of course the electronic money market will be hotter than ever.
newbie
Activity: 98
Merit: 0
Of course, with the many mining and market demands, of course, it will have a positive effect on the surge in bitcoin prices, it will greatly stimulate everyone to invest in bitcoin. while bad news that blasphemes bitcoin will greatly affect the drop in the price of bitcoin which is what causes the decline in the price of bitcoin
hero member
Activity: 686
Merit: 521
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 can not just mention one factors that caused the unstable price of bitcoin, because in reality, the price of bitcoin is involving many factors inside it. But, i think, the most things that caused the unstability of bitcoin's price is the amount of supply and demand.

There are several causes which effect bitcoins. Any false news or negative impact can take it down,
 Where good news like more investors, increasing the demand can take bitcoins up.
But we should not disappoint with it actually when the price drop it become perfect time to buy more because when the price decrease it increase double in future.
full member
Activity: 281
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
The one factor that I think affects the price of bitcoin is the supply and the demand in the market if the supply is low and the demand is high then the price of bitcoin will go up and if the supply is high and the demand is low the price of it will go down.
jr. member
Activity: 152
Merit: 1
I think if all world leaders holders of tokens will leave the shadow sale of bitcoin, and everyone will be sent to the stock exchanges, which will increase growth and demand!
hero member
Activity: 683
Merit: 500
The media can 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. Besides the price of bitcoins is largely depended on the demand and supply. This means that high demand and low supply often leads to an increase in the price.
newbie
Activity: 112
Merit: 0
The major problem that bitcoin encounter is the bad news our leaders pass to world, when there is bad news against btc amateur investors panic and they sell of their btc and that is when price start dropping rapidly.
sr. member
Activity: 980
Merit: 255
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
The markets are not that simple, if it was that easy then no one will lose money in the markets, the reason the price of bitcoin crashed as it did was because it was overvalued, bitcoin could not maintain that price since there was nothing to support it since most of the growth was caused by speculation, the current price is in my opinion closer to the reality of bitcoin as a currency, but as you can see it is impossible to predict exactly when the crash is going to happen, it could have happened at 15k or at 30k but everyone with some knowledge about trading knew the crash was coming. 
newbie
Activity: 194
Merit: 0
in fact for all this is a mystery. On the one hand, I believe that the market is an independent independent structure, but it can be influenced. For example, when there are active purchases or exchanges, market prices change.
sr. member
Activity: 1372
Merit: 275
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
before starting the investment I think the investors already understand and understand that bitcoin prices can not be determined certainty because there are several factors one of them from the number of transactions or sales and demand
jr. member
Activity: 238
Merit: 1
Bitcoin ETF - this is what will lead to an increase in the price of the most crypto currency
member
Activity: 350
Merit: 15
Bitquin has no future and the price has not changed except in the case of new news true is not false as happened in the past months and do not need to buy now
member
Activity: 336
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

Each and everything is value increases and decreases by the usage and the craze of that in the market.. only cars price fell down but then also now the prices are increasing as because the craze of people for Bitcoin is again increasing.. and if you want to know about the price gain and fall of Bitcoin then you can use some apps which will notify you about the price change of Bitcoins every time.. and slowly you will also get experience about the price change of Bitcoins and you will also predict the price change of Bitcoins.
sr. member
Activity: 1736
Merit: 357
Peace be with you!
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
I think it is the Bitcoin community that makes the prices goes up and down. Because this community is composed of enthusiasts, traders and investors that brings life to the market itself. Community is affected by FUD that in just a matter of seconds markets flow would be changing due to community's emotions towards the current situation that sometimes lead to win or loss.
jr. member
Activity: 140
Merit: 1
The price of bitcoin, like any other currency, depends on a huge number of factors. But these days media sources have a huge impact. Good or bad news affects the course of bitcoins as much as possible. In this situation, the legalization or prohibition of bitcoin in different countries is also very important.
hero member
Activity: 854
Merit: 500
The main factor of the ups and downs is the multiply of transactions. People start selling or buying so of course the price gets volatile. I think it is important to keep a constancy
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