The price of bitcoins is determined by supply and demand. When demand for bitcoins increases, so does price, and when demand falls, prices fall. In circulation there is a limited number of bitcoins, and new bitkoy are created with a predictable and constantly decreasing rate, which means that demand must follow this inflation rate so that the price is stable. Since Bitcoin is still a relatively small market, compared to what it can become, it does not take large sums of money to move the price in the market up or down, and therefore the price of bitcoins is still very volatile.
Basically, Supply and demand determines the cost of Bitcoin, there are some other things that affect to Bitcoin price but that's not so important.
Topic: What determines the cost of bitcoins? (Read 1104 times)
Actually i have noticed a thing for the price change in bitcoin. For now the supply doesn't matter much and only demand matters. If the price increases that means more investors are buying bitcoin which slowly increases the price as more people start demanding people will sell at higher prices. For supply currently it has no connection with the price.
I agree with you . The more interesting bitcoin makes the bitcoin price increased a lot, now has begun many investors and entrepreneurs who apply bitcoin on the system company. E-commerce companies in the world are now starting to include bitcoin to list their payment media. This is interesting for more people to use bitcoin and this makes the price of bitcoin increased.
Well if that is what's gonna happen in the impending August 1 then it will be a good news, but there are pretty much on the worried side than on the much calmer side on the impending Hardfork, and why is that? I think it is because there is this risk that core developers are talking about and we are not really sure on what will really happen to our hold coins on whether it is gonna split, or diminish in value, I think that is why there are many that are not know what to do.
Actually i have noticed a thing for the price change in bitcoin. For now the supply doesn't matter much and only demand matters. If the price increases that means more investors are buying bitcoin which slowly increases the price as more people start demanding people will sell at higher prices. For supply currently it has no connection with the price.
I agree with you . The more interesting bitcoin makes the bitcoin price increased a lot, now has begun many investors and entrepreneurs who apply bitcoin on the system company. E-commerce companies in the world are now starting to include bitcoin to list their payment media. This is interesting for more people to use bitcoin and this makes the price of bitcoin increased. 
The price of bitcoins is determined by supply and demand. When demand for bitcoins increases, so does price, and when demand falls, prices fall. In circulation there is a limited number of bitcoins, and new bitkoy are created with a predictable and constantly decreasing rate, which means that demand must follow this inflation rate so that the price is stable. Since Bitcoin is still a relatively small market, compared to what it can become, it does not take large sums of money to move the price in the market up or down, and therefore the price of bitcoins is still very volatile.
Basically, Supply and demand determines the cost of Bitcoin, there are some other things that affect to Bitcoin price but that's not so important. 
The bitcoin community's support mainly determines bitcoin price.In other words,we could say that increase and decrease in bitcoin price would make bitcoin price to rise and fall.Since its a decentralized currency,no central authority is available to control it.
Actually i have noticed a thing for the price change in bitcoin. For now the supply doesn't matter much and only demand matters. If the price increases that means more investors are buying bitcoin which slowly increases the price as more people start demanding people will sell at higher prices. For supply currently it has no connection with the price.
I agree with you . The more interesting bitcoin makes the bitcoin price increased a lot, now has begun many investors and entrepreneurs who apply bitcoin on the system company. E-commerce companies in the world are now starting to include bitcoin to list their payment media. This is interesting for more people to use bitcoin and this makes the price of bitcoin increased. 
The Bitcoin CEO and board of trustees have a meeting every Sunday morning in Nevada at 2:30AM to fix a range of prices. Currently they use a formula derived from the amount of articles on CoinDesk featuring the word "blockchain". Each exchange can then mark this price up to 15% higher of which 50% of the profit is kept by the exchange and the other 50% is paid as royalties to Satoshi.
Actually i have noticed a thing for the price change in bitcoin. For now the supply doesn't matter much and only demand matters. If the price increases that means more investors are buying bitcoin which slowly increases the price as more people start demanding people will sell at higher prices. For supply currently it has no connection with the price.
Since Bitcoin is still a relatively small market, compared to what it can become, it does not take large sums of money to move the price in the market up or down, and therefore the price of bitcoins is still very volatile.
This is true but bitcoin marketcap can easily grow 10 times within few years because bitcoin is still not being used by large corporations. When even a small local merchant in third world countries will start to accept bitcoins than price of bitcoin can rise exponentially. 
Increase and decrease in demand for bitcoins determine the price of bitcoin.The trust kept by investors in bitcoin determines the increase and decrease of demand for bitcoins.Bitcoin price is driven by the bitcoin community support.There is no authority to control the bitcoin price.Also,since bitcoin has users all over the world nowadays,big whales are unable to manipulate bitcoin price.
The fact is that the price still depends on how much Bitcoin will be in demand and popular. It is not used as a means of payment, but it is a very good way to earn. Therefore, the more people will be interested in Bitcoin, the more its price will be.
Increase and decrease in demand for bitcoins determine the price of bitcoin.The trust kept by investors in bitcoin determines the increase and decrease of demand for bitcoins.Bitcoin price is driven by the bitcoin community support.There is no authority to control the bitcoin price.Also,since bitcoin has users all over the world nowadays,big whales are unable to manipulate bitcoin price.
The price of bitcoins is determined by supply and demand. When demand for bitcoins increases, so does price, and when demand falls, prices fall. In circulation there is a limited number of bitcoins, and new bitkoy are created with a predictable and constantly decreasing rate, which means that demand must follow this inflation rate so that the price is stable. Since Bitcoin is still a relatively small market, compared to what it can become, it does not take large sums of money to move the price in the market up or down, and therefore the price of bitcoins is still very volatile.
Without currency, it's difficult to compare companies which sell various goods. Based on the form of money, there are a number of distinct techniques, value is assigned and handled. It's a way to put bitcoins into some scale to determine how much buying capacity it is having at one point of time .
Bitcoin price is driven by the huge support given by the bitcoin community. Interesting thing is that bitcoin community is growing larger and larger day by day.So more the support,more increase in demand for bitcoins.Hence,the price would grow more in proportion to more demand.
Yes you are right that high number of community support bitcoin and due to which its price is more high and I am sure it's community will be more increased in future as in present and a day will come that bitcoin price will be more increase because the price of bitcoin is depend upon the demand if the demand of bitcoin increase it's price will be shift to automatically high . 
Supply and demand, but there is heavy price manipulation by big players in the field
Sorry, I'm skeptical. Do you have any evidence to support this claim?
There's no evidence, however if they have the opportunity, why wouldn't they?
Bitcoin price is driven by the huge support given by the bitcoin community.Interesting thing is that bitcoin community is growing larger and larger day by day.So more the support,more increase in demand for bitcoins.Hence,the price would grow more in proportion to more demand.
The price of bitcoins is determined by supply and demand. When demand for bitcoins increases, so does price, and when demand falls, prices fall. In circulation there is a limited number of bitcoins, and new bitkoy are created with a predictable and constantly decreasing rate, which means that demand must follow this inflation rate so that the price is stable. Since Bitcoin is still a relatively small market, compared to what it can become, it does not take large sums of money to move the price in the market up or down, and therefore the price of bitcoins is still very volatile.
yeah This is how bitkoy, I mean bitcoins, work right now. Since the prices does not really depend upon anything but itself, it does not depend on a central government or backed up by a commodity such as gold. The result is that the prices just moves with the supply and demand of it. If more people want to buy then the prices just go up, because in truth anyway the supply will never change.
Well you answered your question already, Wonder why you asked it in the first place. Increase in demand increases the price of Bitcoin while decrease in demand decrease it..as simple as that.
This is just one question I have been asking myself and even try as much as possible to find answer to by reading several threads on the forum and I have come to understand that bitcoin price determined by the forces of demand and supply is just say 10% of the causes while the remaining 90% is determined by factors other than demand and supply because I studying the price, I can't just understand why the price will fall at this time when there are several news on the web that should prove otherwise.
In these days the supply of bitcoin is too low and the demand is very high. If we go to past the then supply of bitcoin was very high and the demand was not that much and many of people was not familiar with bitcoin.So bitcoin have planed in a market to short the supply of bitcoin to increase the demand and many people will come familiar and the market of bitcoin will come high and high
It kinda looks that now it is the other way about
Other than that, you just can't say that supply is too low and demand is too high without specifying the price at which the volumes of both are to be measured. If the price has firmly established itself, supply is equal to demand by definition, so we can't say that the former is higher (lower) than the latter. It is only at prices above or below the equilibrium price when one starts to surpass the other
the limited amount of coins
On the side of item/service sellers exist a wide use multi electronic money adoption.
In that way no one is forced to buy BTC for fund trasfering.
Actual rate of new bitcoins is 4% at Year.
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