What effects the bitcoin price? - page 3.

SirLancelot

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Quote from: redsun114 on June 14, 2018, 02:30:39 AM

Quote from: hydeevanz on March 08, 2018, 10:44:55 PM

Quote from: Mickznet on March 07, 2018, 10:13:31 PM

Since I started with bitcoin saw the rapid rise and decrease of the price, so as I read the news and other blogs about bitcoin this is the things that constantly alter bitcoin value.

1. Government policies and regulation (sometimes banning of bitcoin), like Russia, India, S. Korea and others.
2. News and media sites ( closing of related bitcoin site and hacking like $60m cryptocurrency hacked https://www.wikitribune.com/story/2017/12/11/technology/nicehash-ceo-speaks-out-after-60m-cryptocurrency-hack/27212/
3. Intended market manipulation. Some player buy large amount of bitcoin it causes the bitcoin rise in the market.
4. Limited supply of bitcoin not more than 21M tokens, in high demand.
5 Other policy of central bank.

This is few reason why bitcoin alter rapidly.

To be honest, I only know about the banning of bitcoin in some other countries that causes bitcoin prices to fall. About the gamer or player, I never knew that they are one of the factors about the current bitcoin price. These past few days, I heard about the limited supply of bitcoin and I never knew that it really exists. Do you think that there are more factors about the bitcoin price?

A lot of factors are there in the market which control the price of Bitcoin and other currencies, every currency has its own market factors. For Bitcoin the major factor is demand which is the people interest and encouragement. When people encourage the market demand rate will go high and similarly the price of Bitcoin will go high in the air. We should wait for our turns in order to sell out in high market as the current market is low so we can not sell here.

In general the major factor which affects the price of Bitcoin is the demand of people, if the people’s demand increases the value of Bitcoin will also increase and will follow the increase trend. On the other hand it will follow the decrease trend if the people’s demand decreases.

So the market is dependant of its demand and this is the controlling factor, besides this the negative and positive speculations also affect the Bitcoin’s market.

maydna

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Quote from: sclmte on June 15, 2018, 09:31:18 PM

The ups and down isn't just of today, it happens already at the start. It only happens that so many factors influence it change and can't point out which one could really contributing a lot. Anyway, there is no need to worry for that cause it won't in dip forever and the changes of its direction might be seen in the coming days.

the price is up and down in anytime and the most effect that I know so far is people become panic when they see the price is run in one point of price and they are difficult to handle their emotion. and if people become panic, it will push the price to go lower and it will need days to gets up and reach the price before. but sometimes, the price is just stuck in one level of price and it will remain at that price for at least 2 or 3 days and then it will increase for a little.

Lazada

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Quote from: oegarod on June 14, 2018, 02:50:50 AM

As bitcoin is speculative, anything related to it can affect the growth of bitcoin. In specific the FUD and the negative things will affect much than the positive news. This time there were no such news around, but the whales who were big holders of bitcoin manipulating the growth upon there necessity. This is unavoidable.

This is a problem until now, because almost all news will affect the price of Bitcoin. Although the news is only small scale but it has an impact on the price movement Bitcoin. Especially when there is great manipulation by the whale then the dumping and pumping process is not inevitable. Bitcoin's price has a huge impact on market conditions, even when the price of Bitcoin declines, there will be tremendous panic against Bitcoin and the price of Bitcoin decreases. So continue to support and provide confidence in Bitcoin because it can make the Bitcoin position stronger.

hybie22

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When I search and read blogs and analysts I know the bitcoin situation today that reduced the bitcoin price due to miners and investors so far has the effect of bitcoin value now $ 7k , but we should not worry about the bitcoin price due to the bitcoin process method.

Matimtim

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For me there are many things that can effect the price of bitcoin, here are some things in my mind that I believe affect the price of bitcoin.

a) The Number of bitcoin users, and investors that`s affect the supply and demand of bitcoin and also the price.
b) Government policies regulating bitcoin.

sclmte

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The ups and down isn't just of today, it happens already at the start. It only happens that so many factors influence it change and can't point out which one could really contributing a lot. Anyway, there is no need to worry for that cause it won't in dip forever and the changes of its direction might be seen in the coming days.

Colt22

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Quote from: Mickznet on March 07, 2018, 10:13:31 PM

Since I started with bitcoin saw the rapid rise and decrease of the price, so as I read the news and other blogs about bitcoin this is the things that constantly alter bitcoin value.

1. Government policies and regulation (sometimes banning of bitcoin), like Russia, India, S. Korea and others.
2. News and media sites ( closing of related bitcoin site and hacking like $60m cryptocurrency hacked https://www.wikitribune.com/story/2017/12/11/technology/nicehash-ceo-speaks-out-after-60m-cryptocurrency-hack/27212/
3. Intended market manipulation. Some player buy large amount of bitcoin it causes the bitcoin rise in the market.
4. Limited supply of bitcoin not more than 21M tokens, in high demand.
5 Other policy of central bank.

This is few reason why bitcoin alter rapidly.

The first two will never work on the price of bitcoin if we the users of bitcoin try to understand that bitcoin is a decentralized currency and no one can have a control on it even the governments cannot control it. Their statement cannot bring the price of bitcoin down unless we sell our coin. When they announce any regulation and we do not sell our coins then the price cannot drop and they cannot rule over bitcoin.

Vannie12

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Quote from: Mickznet on March 07, 2018, 10:13:31 PM

Since I started with bitcoin saw the rapid rise and decrease of the price, so as I read the news and other blogs about bitcoin this is the things that constantly alter bitcoin value.

1. Government policies and regulation (sometimes banning of bitcoin), like Russia, India, S. Korea and others.
2. News and media sites ( closing of related bitcoin site and hacking like $60m cryptocurrency hacked https://www.wikitribune.com/story/2017/12/11/technology/nicehash-ceo-speaks-out-after-60m-cryptocurrency-hack/27212/
3. Intended market manipulation. Some player buy large amount of bitcoin it causes the bitcoin rise in the market.
4. Limited supply of bitcoin not more than 21M tokens, in high demand.
5 Other policy of central bank.

This is few reason why bitcoin alter rapidly.

You mean affect? what is affecting the BTC prices?
I do believe that news Truth or False, affects the BTC prices. You might have pointed out the most common news around and I think some of them are not even new nowadays. They are already expected to have an affect in the market.
That is how everything goes now.
That is why I encourage people to hold so that rich people can't manipulate the market that easily. Or when the government is already involved and they have huge amounts of bitcoins already, I do not know how people working for bitcoin could expect any less depression when government can control the whales by then.

kendedese

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I really like point number 4, but I really hate it when someone sells so much bitcoin so the bitcoin price goes down.

Lancusters

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I think the main reason for the unpredictable price of bitcoin is the uneven distribution of coins. Large coin owners always have the ability to manipulate the price. Just one busted stock exchange can bring down the entire market. The situation is stabilized only after bitcoin can be used outside the exchange. But it seems to me that it will be very soon.

cydrix

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Quote from: Mickznet on March 07, 2018, 10:13:31 PM

Since I started with bitcoin saw the rapid rise and decrease of the price, so as I read the news and other blogs about bitcoin this is the things that constantly alter bitcoin value.

1. Government policies and regulation (sometimes banning of bitcoin), like Russia, India, S. Korea and others.
2. News and media sites ( closing of related bitcoin site and hacking like $60m cryptocurrency hacked https://www.wikitribune.com/story/2017/12/11/technology/nicehash-ceo-speaks-out-after-60m-cryptocurrency-hack/27212/
3. Intended market manipulation. Some player buy large amount of bitcoin it causes the bitcoin rise in the market.
4. Limited supply of bitcoin not more than 21M tokens, in high demand.
5 Other policy of central bank.

This is few reason why bitcoin alter rapidly.

Fake news and FUD's. Many fake news about bitcoin been shared through the web and nothing can stop this because it already started and so as the people who interfere with bitcoin's progress are multiplying exponentially. All the false accusations about bitcoin was not comprehended by some countries so they choose to either ban it or regulate.

hahay

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Government policies and regulations and so will indeed change the value of bitcoin quickly, because of high investor concerns are very influential on the value of bitcoin as well because bitcoin is not reinforced by an institution. So by not having high confidence in bitcoin besides the limited supply of bitcoin will also make the bitcoin value keep moving up and down.

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Quote from: @alaji on June 12, 2018, 10:23:08 AM

There several factors that affects Bitcoin both positively and negatively such as government policy as rightly mentioned above, the forces of demand and supply of Bitcoin and other altcoins is another major factors that affects Bitcoin.

and this has an impact on small investors and traders so that it gets a huge loss because the price drops so drastically.

Chachacoin17

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Quote from: redsun114 on June 15, 2018, 02:31:00 AM

Quote from: @alaji on June 12, 2018, 10:23:08 AM

There several factors that affects Bitcoin both positively and negatively such as government policy as rightly mentioned above, the forces of demand and supply of Bitcoin and other altcoins is another major factors that affects Bitcoin.

Market factors of all the cryptocurrencies are responsible for the increase or decrease in the price. We know that Altcoin price fluctuates with rise or fall in demand rate and same as Ethereum also follows this way, similarly the Bitcoin is also following this which is the common market controlling factor. The current market is suffering from low demand rate but do not panic and be optimistic about your upcoming huge profits.

Most of the reason why price fluctuates at worst situations, other altcoins specially from bounty campaign tokens dumped by hunters. It created more chaos on price as they sell both alts and bitcoin, that's why it really affects the bitcoin price as well due to more traders dumped at earlier time. Bitcoin price gone more volatile, when this situation happens and panic from investors might create diversions which mainly affects their decisions.

metallikingz

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A lot of stuff is already changing the price of bitcoin, specially the bad news + the way that people manage them, it is the most important reason of why we are seeing so many fud

redsun114

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Quote from: @alaji on June 12, 2018, 10:23:08 AM

There several factors that affects Bitcoin both positively and negatively such as government policy as rightly mentioned above, the forces of demand and supply of Bitcoin and other altcoins is another major factors that affects Bitcoin.

Market factors of all the cryptocurrencies are responsible for the increase or decrease in the price. We know that Altcoin price fluctuates with rise or fall in demand rate and same as Ethereum also follows this way, similarly the Bitcoin is also following this which is the common market controlling factor. The current market is suffering from low demand rate but do not panic and be optimistic about your upcoming huge profits.

oegarod

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As bitcoin is speculative, anything related to it can affect the growth of bitcoin. In specific the FUD and the negative things will affect much than the positive news. This time there were no such news around, but the whales who were big holders of bitcoin manipulating the growth upon there necessity. This is unavoidable.

redsun114

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Quote from: hydeevanz on March 08, 2018, 10:44:55 PM

Quote from: Mickznet on March 07, 2018, 10:13:31 PM

Since I started with bitcoin saw the rapid rise and decrease of the price, so as I read the news and other blogs about bitcoin this is the things that constantly alter bitcoin value.

1. Government policies and regulation (sometimes banning of bitcoin), like Russia, India, S. Korea and others.
2. News and media sites ( closing of related bitcoin site and hacking like $60m cryptocurrency hacked https://www.wikitribune.com/story/2017/12/11/technology/nicehash-ceo-speaks-out-after-60m-cryptocurrency-hack/27212/
3. Intended market manipulation. Some player buy large amount of bitcoin it causes the bitcoin rise in the market.
4. Limited supply of bitcoin not more than 21M tokens, in high demand.
5 Other policy of central bank.

This is few reason why bitcoin alter rapidly.

To be honest, I only know about the banning of bitcoin in some other countries that causes bitcoin prices to fall. About the gamer or player, I never knew that they are one of the factors about the current bitcoin price. These past few days, I heard about the limited supply of bitcoin and I never knew that it really exists. Do you think that there are more factors about the bitcoin price?

A lot of factors are there in the market which control the price of Bitcoin and other currencies, every currency has its own market factors. For Bitcoin the major factor is demand which is the people interest and encouragement. When people encourage the market demand rate will go high and similarly the price of Bitcoin will go high in the air. We should wait for our turns in order to sell out in high market as the current market is low so we can not sell here.

Kevondo

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Quote from: hydeevanz on March 08, 2018, 10:44:55 PM

Quote from: Mickznet on March 07, 2018, 10:13:31 PM

Since I started with bitcoin saw the rapid rise and decrease of the price, so as I read the news and other blogs about bitcoin this is the things that constantly alter bitcoin value.

1. Government policies and regulation (sometimes banning of bitcoin), like Russia, India, S. Korea and others.
2. News and media sites ( closing of related bitcoin site and hacking like $60m cryptocurrency hacked https://www.wikitribune.com/story/2017/12/11/technology/nicehash-ceo-speaks-out-after-60m-cryptocurrency-hack/27212/
3. Intended market manipulation. Some player buy large amount of bitcoin it causes the bitcoin rise in the market.
4. Limited supply of bitcoin not more than 21M tokens, in high demand.
5 Other policy of central bank.

This is few reason why bitcoin alter rapidly.

To be honest, I only know about the banning of bitcoin in some other countries that causes bitcoin prices to fall. About the gamer or player, I never knew that they are one of the factors about the current bitcoin price. These past few days, I heard about the limited supply of bitcoin and I never knew that it really exists. Do you think that there are more factors about the bitcoin price?

The price of Bitcoin can be affected by many factors for example the fluctuation in the amount of demand in the market which if goes down results in the price fall. Also if there is a misconception about technology and people call it scam, the surrounding people are often influenced and they give up investing in Bitcoin as a result prices also falls. The biggest fall in the prices occurred when countries across Middle East banned Bitcoin.

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Quote from: Mickznet on March 07, 2018, 10:13:31 PM

Since I started with bitcoin saw the rapid rise and decrease of the price, so as I read the news and other blogs about bitcoin this is the things that constantly alter bitcoin value.

1. Government policies and regulation (sometimes banning of bitcoin), like Russia, India, S. Korea and others.
2. News and media sites ( closing of related bitcoin site and hacking like $60m cryptocurrency hacked https://www.wikitribune.com/story/2017/12/11/technology/nicehash-ceo-speaks-out-after-60m-cryptocurrency-hack/27212/
3. Intended market manipulation. Some player buy large amount of bitcoin it causes the bitcoin rise in the market.
4. Limited supply of bitcoin not more than 21M tokens, in high demand.
5 Other policy of central bank.

This is few reason why bitcoin alter rapidly.

The bitcoins price can be affected by different occurence like fud or there are other people who are creating black propaganda because their business is being negatively affected by cryptocurrency, what i mean is everyone can make the price of bitcoins to go down.

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