Topic: What factors can affect to price of bitcoin? - page 2. (Read 1131 times)

The things that can affect the price of btc most probably is the supply and demand of the general public, i do suppose that the global economy do plays a part in deciding the price of btc as well.

Yes one of the factors that affects the price is the news because it spread the awareness to the people who doesn't know anything about bitcoin that encourage them to invest and news also affects the mind of every investors that can help them to minimize the risk of lossing a money and know what is the latest happenings about it.

Technical analysis through chat reading, is one of the factors that affect bitcoins prices. But fundamental analysis with world economic news such as government regulations and banks attitude towards bitcoins is a major factor that move prices of bitcoins through demand and supply.

Yeah when a country or representatives of it approved the use of bitcoin or try promoting it, bitcoin price will surely skyrocket.
High influential people could also help to make the other invest.
Also promoting social media and on this forum can help gain more investors. The more bitcoin investors or holders there is the greater the value of bitcoin will be.
But also all of it will become a downfall of bitcoin if we follow the opposite.
A lot of new to bitcoin got panicked easily causing them to sell their bitcoin when the price got fall a little bit.
The more bitcoin being exchange to currency the lower the price of it. Also when people start spreading negative information about bitcoin, the price of bitcoin will surely drop.

The news that is being spread in the internet is one that affects the price of bitcoin the most because many people now are searching everyday on the internet about bitcoin. When they saw a good news then they will buy and if they saw bad news, they will sell their BTC (Weak Hands).

One reason is the whales who are pumping and dumping bitcoin in short "manipulators" (for me). I think bitcoin has been manipulated by a large group of rich investors and that is the reason why bitcoin doesn't rise in the past months.

The whales who have a lot of capital can indeed monopolize the market, small investors just follow the flow and learn the pattern. News and rumours also greatly influence speculation.

The biggest factor is the whales. Those who are coin in the loaded amount play with prices by making money in and out. The agendas of governments are also factors in the change of prices.

half of them comes from users' trading, buying and selling.

The law of supply and demand. This usually is the case as to why bitcoin price is very volatile. A lot of people are rush selling or buying that's why the price moves fast. The next one is whales that have a lot of bitcoins on them and sell at a different price. Because of this, the price of bitcoins ripple hard.

Bitcoin's pricing is based on the principle of demand and supply. Bitcoin prices rise very high when there is a high demand for it and those who want to buy higher set high prices and also those who want to sell, recognize the high demand, also set their selling price so high.

Factors that affect the price of Bitcoin:

1. Bitcoin Volume and Distribution

The existence of Bitcoin which is still fairly new makes the volume of distribution is still small when compared with the assets of US Dollars or gold. The amount of Bitcoin in circulation reaches only 14 million.

Bitcoin fluctuation base is influenced by supply and demand in the market. If many people buy Bitcoin with a large amount of Bitcoin prices will soar up. Conversely, if many bitcoiners are selling Bitcoin then bitcoin prices may drop sharply.

The uneven distribution of Bitcoin and the unbearable volume of Bitcoin, makes Bitcoin extremely sensitive to Bitcoiners' actions. If in the future there is a uniform circulation of Bitcoin and its volume is high, then the volatility will decrease by itself.

2. Speculation of Trader

Until now there has been no one bank that validate Bitcoin as a legal means of payment. Bitcoin is mostly used as a trading asset rather than used as a medium of exchange or a means of payment.

This happens because of the minimal relevance of Bitcoin in the midst of society. The use of Bitcoin is not yet familiar and spread evenly among the wider community. So this results in more use of Bitcoin as an investment trading asset.

The number that uses Bitcoin as an investment trader's asset is the main thing that traders aim to gain from the Bitcoin price fluctuations. Profit is gained from the difference between the buying and selling price.

The actions of traders who respond very quickly to global issues greatly affect the volatility of Bitcoin. Whether many do sell Bitcoin or who do Buy Bitcoin.

Sometimes issues such as Bitcoin's rejection of a country can have a bad effect on the Bitcoin price. Many sell Bitcoin when such an issue occurs. Conversely, if spread of news about a large merchant like amazon that can receive Bitcoin it will have a positive impact on Bitcoin.

3. Fraud Mode Involving Bitcoin

Bitcoin's high enough value against other currency exchange rates makes it vulnerable to fraud. Many investors are deceived against other investors with the lure that Bitcoinnya will experience profit on a regular basis.

In fact, there are so many fraudulent cases with such lure that have much harm to investors. You should also be aware of such things. Usually in the first one to three months of the agreement does show a good profit. But in the next month there is usually no news or even disappeared.

Your money including Bitcoin that you own has been taken away by investors who cheat you. When the level of public confidence decreases, this will affect the bitcoin price. Usually bitcoin prices will go down.

Although there are other factors that can influence the movement of Bitcoin, but these three things can be regarded as the main cause affecting the rate of currency movement Bitcoin.

In conclusion, because Bitcoin is a currency whose value is very sensitive to global news and fluctuations, it is better if you should pay attention to some of the above factors before you make a transaction on Bitcoin.

In addition, you should also be aware of any form of fraud that can threaten you at any time. Fraud can happen when you do not realize it. It could be a scam going on from someone closest to you. So be careful in doing business. Especially Business Online like Bitcoin.

The price of bitcoin clearly depends on demand. With the increase of possible channels for the use and application of cryptocurrencies, as well as the popularization of bitcoin, the demand for currency is growing. With ever-increasing demand and limited supply, the price increases. Taking into account the dynamics of supply and demand, it can be judged that in the long term the price can only grow to tens and hundreds of thousands of dollars per bitcoin

I believe that the price of bitcoin can depend on the big players we call the whales. Of course, it can also depend on economic phenomena, but to a small extent.

The factors that affect bitcoin are the following:
Government
Media
Investors/supporters/people
Supply/demand
Price roll
Fake news

My major idea of factors that affect bitcoin value. Maybe there are more that I did not include.

If big companies such as Amazon integrate it in their payments

In my judgement, the availability of local bitcoin retail brokers is the major factor.
Bitcoin price is determined by supply and demand. Supply is well defined and well controlled. New coins only enter the system through mining. Mining generates new coins as an incentive for proof of work. This process generates new coins at a fixed rate. The number of bitcoins in circulation at any time is calculable. (One factor that should not be forgotten is the amount of bitcoin that are being kept in reserves. In velocity of money calculations these are considered out of circulati.

I think the factor that greatly affects the price of Bitcoin is the trust of the Society. And that trust can come and go because of the news. If there is good news about Bitcoin, such as Bitcoin has been accepted as a means of payment in a country, or there is a Store or what buying and selling place that has received Bitcoin as a means of payment, then people will increasingly trust Bitcoin. so they buy Bitcoin and hold it, so the price becomes high. but if there is bad news about Bitcoin, then people's trust will be lost, then Sell and do not want to save Bitcoin. so the price is falling.

There are many factors that affect the value of bitcoin. Media plays a big part of the value. If good news is in the media many want to buy when bad news and fud hit the headlines people tend to sell.

There are many factora that hinders and affect bitcoins, first the advertisers that is being banned through this whole time, the advertisement that which help bitcoin to be popular and known are being banned to other social media, just like the ads in twitter and google, they are not letting that happen to bitcoin.

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