Topic: What factors are affecting the rise and fall of Bitcoin's value? (Read 269 times)
We could say that bitcoin is the result of simple economics but it's not so simple to decide the value of bitcoin, if it had been, bitcoin would not have existed, many other variables such as government involvement are involved for example the recent lift of the ban from Germany had increased the price of bitcoin,
it seems that can make bitcoin prices rise and fall is the existence of politics, good news and the existence of traders who have a very large trading capital, when there is good news prices will surely rise whereas if there is only bad news prices will fall and the panic traders can also make the price worse.
The main factors are mining platform, trading platform of Bitcoin. Because demand and supply is major role in Crypto rise and fall so these two are the good resource in Bitcoin potential. But no one is expect this price fluctuation so this will change soon.
With the recent drop of Bitcoin's value and the looming issue of fake ICO's in the crypto world. What do you think are the major players that affect the sudden rise and fall of crypto currencies?
In my own opinion, there are different speculations that are actually existing today which can change the price value's in the market either it will increase or decrease because every speculations is affecting the mind set of traders and investors.
Bitcoin was built on a blockchain network, which means it is used to transfer funds online across borders without passing through any bank, this network gets stronger as more users are added and the transaction volume increases, it runs on the essential rule of the economics of demand and supply which decides the value.
The price bubble is very influential in the increase and decrease in the price of bitcoin or other crypto, but we need not fear or worry in the price decline, because I believe the price will be able to recover.
For something that can affect the price rise and fall of bitcoin usually occurs when panic selling or panic buying, and news of the world economy or world security is very influential in terms of bitcoin prices.
The factors affecting the rise and fall of Bitcoin values are, decreasing demand and Bitcoin supply and increasing, the Influence of media on garnering negative and positive publicity news, developers and Bitcoin users influence also rise and fall of price, latest technology upgrade and changes .
They can affect the rise and fall of Bitcoin value.
They can affect the rise and fall of Bitcoin value.
since bitcoin value is determined by supply and demand and the demand is ultimately set by the number of buyers who are willing to buy more bitcoins..so in my judgement the availability of local retail brokers is the major factor
most of the factors that are about regulation in various countries that make bitcoin itself so unstable
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I think the following factors affecting the rise and fall of bitcoin's value.
1 one of the most common factor comes in mind is random selling of bitcoin by individuals.
2 another factor i think is some pause in trading.
1 one of the most common factor comes in mind is random selling of bitcoin by individuals.
2 another factor i think is some pause in trading.
I think one of the reasons why the value of bitcoin is rising and falling is because of transaction involving it. I think that if a large number of bitcoin users process transactions every period of time also affect its rise and fall of value.
Bitcoin is an investment that is supply and demand based, it is dependent to the investors movement or human behavior and that’s why rise and fall of its price is normal or expected as it is.
Then factors of what makes a human invest is more likely with government approval, good positive feedback and higher profitability chances. So every mainstream and social media news is important it’s either positive or negative it can affect to investor and to the market price.
Then factors of what makes a human invest is more likely with government approval, good positive feedback and higher profitability chances. So every mainstream and social media news is important it’s either positive or negative it can affect to investor and to the market price.
What do you think are the major players that affect the sudden rise and fall of crypto currencies?
I think this has been asked before and one of the biggest reason for it are caused by several news.I think BTC's attention has affected the price of BTC!
Wait what? it's bitcoin so basically it will affect itself.The government, no doubt... Every time there is any news about the crypto money market, the price of the whole crypto money market will fluctuate greatly, no matter it is good news or bad news.
Most of what I saw are all about the negative news. These medias won't give the detailed good news but in bad news, they are quick.
The most reasonable factor that i think is random selling of bitcoin by maximum ratio will led to decrease in price of bitcoin and when the selling of bitcoin does not flucluate remains at constant rate the value start getting increase.
I think it's because of the good and bad news about Bitcoin. News is one of the factors that influence the price movement significantly. Bitcoin users who hear negative news about Bitcoin, will feel panic and eventually sell their Bitcoin to secure the assets. As a result, Bitcoin's price will drop due to large-scale sales of Bitcoin. Vice versa, if there is positive news about Bitcoin then many users who make purchases. Of course with the purchase of Bitcoin on a large scale impacted drastic price increases.
With the recent drop of Bitcoin's value and the looming issue of fake ICO's in the crypto world. What do you think are the major players that affect the sudden rise and fall of crypto currencies?
I don't think fake ICOs have any impact on Bitcoin price, same as successful genuine ICOs have no impact. It's about the people who buy and sell, mostly for speculation
With the recent drop of Bitcoin's value and the looming issue of fake ICO's in the crypto world. What do you think are the major players that affect the sudden rise and fall of crypto currencies?
This has been asked for hundred of times and even if this not happens at the dame time of asking the answer is always the same so i think next time just assume same answerAfter the corrections and the Fud's and fake news,what's hurting the crypto community is the policies of every country's that having issue on us,those bannings and those regulation that killing some users using this
With the recent drop of Bitcoin's value and the looming issue of fake ICO's in the crypto world. What do you think are the major players that affect the sudden rise and fall of crypto currencies?
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