Topic: What factors can affect to price of bitcoin? - page 4. (Read 1131 times)

Another most important feature of Bitcoin is its limited supply. In economics, it is believed that value increases as the amount of any commodity increases. As the amount of money increases, the value goes down. If the program remains as defined, the maximum amount of Bitcoin determined is 21 million. Initially, the Bitcoins that are sold to the market are changing hands by buying and selling, while the amount of Bitcoin in the market can be increased by 'Bitcoin mining'. If you can extract the gold mine from nature by mining methods, there are bitcoin miners in the digital environment that extract the bitcoins by solving the complex passwords. Each password found is rewarded with 50, then 25, and now 12.5 Bitcoin. Bitcoin mining consumes electricity in such a high amount that it will keep environmental organizations on the ground. As the amount of extracted bitcoins increases, it becomes more difficult to solve new passwords; at the same time, the amount of Bitcoin given as a prize is decreasing. Bitcoin miners - according to the current program - will not have to spend more than 21 million bitcoins completely removed. The steady supply, in contrast to national paper money, makes Bitcoin a rising currency against the national currency. Bitcoin is similar to gold and silver, designed to be a mine that will be consumed one day and can not be produced anymore.

There are several things that affect the price of bitcoin. The first factor is, the number of market demand for bitcoin that causes bitcoin prices to rise. The second factor is that there is negative news about the current bitcoin, which causes the bitcoin price to fall.

Changes in price factors are caused by the number of coins on the market or coming to the market because they divide the investor's money, just imagine if thousands of bakeshops in one street then one person came to be able to buy his breakfast how you imagine can choose which store you can buy it.

Legality and illegality, controversial issues and proper  publicity also contributes to its price

The price of bitcoin is totally depend on demand and supply. If buyer is more than seller then demand increase and price will rise. And when seller is more than buyer due to any reason then demand will fall and then price will down.

It can since bitcoin can be converted to fiat, if there's an economic problem in a certain country people will surely convert their crypto to fiat. Just take a look how a certain economic issue affect the crypto market. Everything that can affect the supply and demand of crypto market can affect it directly and can cause an impact on the price.

perhaps the most influential impact is, when a country develops bitcoin, or cryptocurrency, or when a CEO develops or errors. it will make a big enough effect for cryptocurrency, either increase the price, or make the price fall.

Bitcoin and crypto markets are a new and potential market. Of course, its risk is unmanaged and under control. Therefore, any information, impact on the market can affect the value of the coin. The decentralized supply and diffusion are all different to create the value and variability of bitcoin and crypto. On the other hand, the crypto market is really fragile under the pressure of legal issues from governments around the world. This, is causing serious effects on the value of bitcoin.

The sure thing is the supply is miners and the rate at which they are introducing bitcoin to the market, which is the people actively looking to sell their bitcoin at any point soon, this changes based on the feeling of the future prices.

The factors that adfect the price if bitcoin is a lot of demand.What affecting this demand is the good news that we have brought to this forum.Also the market economyand also dependibg on the market buying and selling.

economic occurrences may effect everything that has monetary functions worldwide since this defies how every countries worth of living..but this factor is smaller than what this community expected because only the Big investors gives wide effect to the price of bitcoin,if they withdraw their investments surely the price will drop..and other than that are those Fud,fake news and banning/regulating by countries

Yes a lot of demand it makes the price going to high. But because of some of fake news the people who are have a weak hands scared about a single fake news. So it will sell there holdings and make the demand low so the price will be make also low there doing panic selling.

Of course, Bitcoin runs based on the market rules of supply and demand, the price’s determined by this. What affecting demand is the good news and FUD news related to Bitcoin, especially if it released by a major state governments because it will provide tremendous impact for the Bitcoin ecosystem. As a savvy user, we have to keep an eye on what's going on with Bitcoin.

According to what I have observed, there does not seem to be a direct influence between the performance of ordinary markets and the performance of bitcoin. The price of bitcoin seems to obey solely and exclusively to intrinsic factors of this alternative economy, and seems to be quite reactive to the rumurology that continually emerges in this market, rather than to technical and fundamental factors as usually occurs in consolidated markets.

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Bitcoin is recognized by different governments as a method of payment and investment. In addition to legal acceptance, there is also regulatory and official status within the country. Another factor is that Bitcoin is separate from macroeconomic indications. On the other hand as is traditional money, Bitcoin is not affected by the management of the countries and does not fluctuate. Dealing with the Bitcoin stock market is limited and does not require huge amounts of money to affect the price of Bitcoin. Buying a lot of a buyer's bitcoin is enough to cause the market to increase prices. Or, on the contrary, selling too much Bitcoin will lead to a fall in price.

factors that may affect the rising price of bitcoin are the market economy.
and also depending on the market buying and selling, if most people sell at current prices, then the bitcoin growth will be long or not at all grow.
if on the contrary, most people sell at prices above current market prices, then chances are the market will go up and bitcoin prices will rise

The factor that affects bitcoin price is its limit both in terms of quantity and production time. As is known, Bitcoin can be up to 21 million. Therefore, it can be predicted when new scrapped Bitcoins will be available and the production rate may be reduced. This factor has a positive effect on Bitcoin and its development.The second factor is the belief that the price of Bitcoin will reach unlimited levels: from $ 10,000 to over $ 1,000,000.The third factor is that Bitcoin can be transferred from one place to another and used as a payment method.

I think there are many factors that affect the price of bitcoin. When there is bad news about bitcoin, the price of bitcoin falls. The attitude of some countries will also affect the price of bitcoin. When a country that originally banned bitcoin reaccepts bitcoin, it will also increase the price of bitcoin.

It can, because the economic conditions (especially in a large country) will greatly affect Bitcoin, whether it will create panic and FUD or raise the price of Bitcoin. I think there are many real examples that can be example to explain how the government's role affect Bitcoin's price, but still it won’t kill Bitcoin because decreasing Bitcoin's price doesn’t mean to kill Bitcoin.