I think BTC's attention has affected the price of BTC!
The higher the degree of concern, many people use it, causing the market demand to rise, BTC's prices rise, anyway, BTC's price fell!
Topic: What factors are affecting the rise and fall of Bitcoin's value? - page 2. (Read 269 times)
Bitcoin price is determined by supply and demand. the affecting the rise and fall bitcoin because of many people are selling bitcoin and many people ang buying bitcoin their times if many people hodl bitcoin the price of bitcoina will increase.
Some countries have the greatest impact on BTC's prices for BTC's policies!
Bitcoin has gradually evolved into a safe haven asset, and the financial crisis will also cause BTC's price fluctuations!
Bitcoin has gradually evolved into a safe haven asset, and the financial crisis will also cause BTC's price fluctuations!
Policy factors, this is also an important factor affecting the price of Bitcoin!
Technical and security factors have also seriously affected BTC's prices. When hackers attacked the exchanges, the prices of all cryptocurrencies fell!
Technical and security factors have also seriously affected BTC's prices. When hackers attacked the exchanges, the prices of all cryptocurrencies fell!
There are a lot of factors affecting the price of bitcoin
1. The law of supply and demand
The more people buy the lower the supply will be available in the market, the higher the price will be. If people keep on selling, the supply in the market will increase which means the demand for the coin is low so the price will decrease
2. Fud, fake and negative news combined with panic
People who see negativity against bitcoin in the news will let go of their coin. The price will begin to lower down resulting for other people to panic and sell their coin further lowering the price.
1. The law of supply and demand
The more people buy the lower the supply will be available in the market, the higher the price will be. If people keep on selling, the supply in the market will increase which means the demand for the coin is low so the price will decrease
2. Fud, fake and negative news combined with panic
People who see negativity against bitcoin in the news will let go of their coin. The price will begin to lower down resulting for other people to panic and sell their coin further lowering the price.
ICOs aren't the reason but they generally speaking ICOs and all these pumped up shitcoins have been effective in the bitcoin price drop. it is mainly because people invest in all these shitcoins with bitcoin and they even buy ETH with bitcoin to invest in shitty ICOs. this means when all the ICOs and shitcoins go belly up people run away and they run away through bitcoin! meaning sell shitcoin for bitcoin then sell bitcoin for fiat and that creates a big sell pressure on bitcoin which pushes the price lower.
but it is not the reason for the drop it just makes it bigger. the reason in my opinion is pure manipulation by the whales to buy cheaper bitcoins.
but it is not the reason for the drop it just makes it bigger. the reason in my opinion is pure manipulation by the whales to buy cheaper bitcoins.
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.
100% government..
they say bitcoin is property and should be taxed as such.. but when you try and buy and sell it privately you get arrested for money laundering and funding criminals..
they say bitcoin is property and should be taxed as such.. but when you try and buy and sell it privately you get arrested for money laundering and funding criminals..
I agree, any time there is some type of news about government banning or prohibiting Bitcoin or crypto currency you can feel right away the backlash. You will see the price dropping . I think many investors are concerned about government stopping Bitcoin.
You may also add Giant companies banning crypto ads. Somehow they affected the price when they started creating a policy that they will ban crypto ads.
How the media reports information and who gives them that information. Not saying there is a conspiracy but it certainly seems like there is somebody working some puppeteer magic behind the scenes.
I don't ICO have anything to do with the recent free fall, it's happening due to the volatility of the futures, and also the paper leaked by that professor has cause irreparable damage, they're saying bitcoins prices can be manipulated and which added weakness so for the time being we're bracing for a fallout but then don't loose hope its bitcoins it might just shoot up. We need to kill fud.
100% government..
they say bitcoin is property and should be taxed as such.. but when you try and buy and sell it privately you get arrested for money laundering and funding criminals..
they say bitcoin is property and should be taxed as such.. but when you try and buy and sell it privately you get arrested for money laundering and funding criminals..
The biggest factor affecting bitcoin prices is national policies.
Friendly policies will soon lead to a big increase in the market, and the start of national regulation will lead to a fall in the market.
Friendly policies will soon lead to a big increase in the market, and the start of national regulation will lead to a fall in the market.
Yes, its the government policies primarilty has a great impact. Furthermore those FUD Fear Uncertainty Doubt news are affecting also a lot. Without clear ruling, cryptos will likely be in limbo and most will becone anonymous and go underground. I hope things will be get sorted out in order to have a clear direction of this new technology.
There was information that according to Thomas Lee, the drop in the price of bitcoin is always observed about 18 percent ten days before the expiration of the futures and lasts six days after that. This is, in principle, a reasonable explanation of the cause of the current drop of bitcoin, because explaining this by breaking into private purses on a little-known exchanger of Coinrail in South Korea, where four types of tokens for a total of more than $ 40 million were stolen, was somehow petty.
The biggest factor affecting bitcoin prices is national policies.
Friendly policies will soon lead to a big increase in the market, and the start of national regulation will lead to a fall in the market.
Friendly policies will soon lead to a big increase in the market, and the start of national regulation will lead to a fall in the market.
I was also thinking of that issue also, but some wallets online realy dont require you to input what country you are in or ask if Bitcoin is legal in your country or not. I dont know if most of the coin owners are selling their Bitcoin now because of the fake ICO's that are fastly spreading accross the web and if it does have any effect on Bitcoin's value.
The biggest factor affecting bitcoin prices is national policies.
Friendly policies will soon lead to a big increase in the market, and the start of national regulation will lead to a fall in the market.
Friendly policies will soon lead to a big increase in the market, and the start of national regulation will lead to a fall in the market.
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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