Topic: What factors can affect to price of bitcoin? - page 10. (Read 1117 times)
Information from significant organizations and information appearing in the most popular newspapers has the most significant impact on Bitcoin's earnings. When the considerable publications release actual details on Bitcoin prices will go up quickly, but the negative information is appearing prices are falling.
What factors can affect to price of bitcoin? Can price of bitcoin depend on world economic factors or economic occurrences?
Well unfortunately the things that affects to bitcoin price is those information and/or news that media is slowly spreading and it changes people believes. So that people who are holding btc account are having their negative thoughts and they are hesitating if they will invest or not. Also bitcoin depends on supply and demand where it is the most thing that affects bitcoin value. Factors news will also affect the movement of bitcoin prices, this is because when the emergence of good or bad news will affect the decisions taken by traders and the decision will make bitcoin prices move up or vice versa
The factors that made the BTC fall down during this time, first of all, perhaps are the big tech giants like Google, Facebook, TWItter and the ico-based advertising board on its platform because under US law the ban , which is the biggest and deepest reason. After a speeding up process, the crypto currency needs to slow down in order to gain better momentum. The btc reduction is also due to the technical btc chart. is in the long-term downtrend, and if btc closed above $ 11,000, the down trend is broken! 
Factors news will also affect the movement of bitcoin prices, this is because when the emergence of good or bad news will affect the decisions taken by traders and the decision will make bitcoin prices move up or vice versa
What factors can affect to price of bitcoin? Can price of bitcoin depend on world economic factors or economic occurrences?
Basically, the law of supply and demand is the main factor for prices of bitcoin changes. If the supply is great and the demand is low prices go down and if the supply is low and the demand is great then expect for the prices to go up. What factors can affect to price of bitcoin? Can price of bitcoin depend on world economic factors or economic occurrences?
Negative news can affect bitcoin prices, with negative news can make bitcoin holders panic and sell their bitcoins, and with so many selling bitcoins the bitcoin price will decrease.
This is because most of these bitcoin buyers only think that its price will continue to increase in price. Some I believe don't even understand how bitcoin and its amazing features work.
What factors can affect to price of bitcoin? Can price of bitcoin depend on world economic factors or economic occurrences?
Negative news can affect bitcoin prices, with negative news can make bitcoin holders panic and sell their bitcoins, and with so many selling bitcoins the bitcoin price will decrease.
World economy has nothing to do with the Bitcoin price, price factor changes sometimes cause by the number of coins that is in the market or coming to the market since they divided the investors money, just imagine thousand of bakeshop in one street then one person will come to buy his breakfast how would you imagine how he can pick which shop to buy?
What factors can affect to price of bitcoin? Can price of bitcoin depend on world economic factors or economic occurrences?
Here world economy doesn't matter much in this field , If we can consider than we can say that one main factor is the demand , this is demand that is making the every coin's market much fluctuate .If a negative news will enter in this Field then most of the newbies or those who are panic sellers will fear panic and they will sell Thier coins and that will result into decrease in demand of that coin .
And if any good news will enter in the cryptocurrency field then many people will get attract toward cryptourrency investment and that will results into Increase in demand of price of cryptourrencys .
So a type of hype works here that change the demand of the coins in cryptourrency market easily .
basicly in the world of trading, the price will be cheap when many are selling, and the price will be expensive when many are buying
What factors can affect to price of bitcoin? Can price of bitcoin depend on world economic factors or economic occurrences?
Definitely, any factor that may influence the expectations or the animal spirits of investors, will affect its price.
I think a lot of factors affect the price of bitcoin, maybe the criminal has become less used bitcoin, that's why the price has gone down)
What factors can affect to price of bitcoin? Can price of bitcoin depend on world economic factors or economic occurrences?
Fake news that are created by companies, it can really reduce the amount of investors of cryptocurrency and might affect the market on a negative way like decrease of prices. Every news that is being created can really affect the growth of market.
News in general, good or bad are capable of taking a toll on Bitcoin's price. This is exactly what happens when there are too much noobs amongst us. They'll just panic and dump immediately. News and media coverage seem to be like the major things that affect the prices of Cryptocurrencies.
What factors can affect to price of bitcoin? Can price of bitcoin depend on world economic factors or economic occurrences?
Fake news that are created by companies, it can really reduce the amount of investors of cryptocurrency and might affect the market on a negative way like decrease of prices. Every news that is being created can really affect the growth of market.
Well there are various factors which can affect the price of bitcoins. First of all, the media has a big effect in the price drop/rise of bitcoins. When the media tries to spread negativity about bitcoin/there are some fake or half-true news, the price goes down. Market manipulation by whales might cause people to quicksell, which leads to price drop. The demand-supply ratio also affects btc's price a lot.
Bitcoin prices are very sensitive to many factors. But I think the main factor is the policies of big countries that have influence on Bitcoin like Korea, USA ... etc. If they have strict decisions in trading Bitcoin will make investors Stop buying Bitcoin and demand will decrease, Bitcoin prices will drop sharply. And vice versa. I think that is the main factor that drives Bitcoin prices.
Indeed, the banning and supporting of anyone affects bitcoin as well as all other digital currencies. Bitcoin is the most volatile crypto currency so the effect is also amplified. FUDs and FOMOs also cause changes as due to these, many investors sell out their coins. Last but not the least, the biggest factor in my opinion are big whales. Those investors who spend millions of dollars in bitcoin and hold a very good amount of this digital asset, have the authority to decide market to some extent. 
There are many factors that can influence the price of bitcoin , like : the demand for Bitcoins, which is based on the awareness about Bitcoin, its popularity, and trust among crypto community members. For example , if the demand is high and the supply does not meet the demand, this can cause a spike in the Bitcoin rate.
What factors can affect to price of bitcoin? Can price of bitcoin depend on world economic factors or economic occurrences?
Some economic events can indeed affect bitcoin prices but most affect the bitcoin price movement is a fundamental factor such as news circulating about bitcoin. If the news is positive then bitcoin will move up but if otherwise then bitcoin also tend to decrease the price.
There are many factors affecting bitcoin, but the most direct factor is supply and demand. We all know that the total amount of bitcoin is fixed, only 21 million. But when a large number of funds enter the market and the price of bitcoin is pushed up rapidly, the relationship between supply and demand of bitcoins is broken, and some of them may wish to earn profits for cash. The market does not need so much bitcoin at this time, then the price will land quickly. Of course, the bitcoin is able to recover, and we don't have to worry about that.
What factors can affect to price of bitcoin? Can price of bitcoin depend on world economic factors or economic occurrences?
I think the effects on the bitcoin value include:1. dispersed supply.
2. User needs
3. influence from the government
4. media
5. consumer and investment.
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