Topic: What factors can affect to price of bitcoin? - page 6. (Read 1117 times)

many factors that can affect the price of bitcoin one of them is to prohibit advertising as it is now done by google, advertising bans have a very large impact and affect the price. Moreover factor factor about state security and negative news about crypto.

In my opinion, the reasons for impacting bitcoin values ​​are:
- Distributed supply. This is certainly a recognizable trait to affect the value of bitcoin.
- Psychological panic of users and investors.
- Information disturbed by the media.
- government ban.
- popularity and consumer base.

One of the biggest factor that influences the bitcoin's price is the guys that owe many bitcoins. When they sell they dictate the market

It may be a hacker, who is troubling bitcoin owners, and they are selling their bitcoins quickly so as not to be taken by the hackers.

Yes Bitcoin price depends upon the world economic factors but the main reason of dropping price is the fake or negative news. Due to such news investors loose their minds and start selling their coin and stop buying them back. Due to this the supply increase and demand decrease which reduces the price of Bitcoin at the end.

I wish bitcoin price once fell doesn't hikes up. it will make others to restrain from it majing them safe

Yes because of the fake news that spread in the social media some of the weak hands people or a begginer sell there holdings or bitcoin to prevent for the scam. And the bitcoin dump almost 50% so some of the investors afraid because they think the bitcoin dump. So the people who spread the news they have a plan to buy some bitcoin.

there are many factors affect bitcoin one of them is demand and supply.  also early seller is the reason too. people are selling their btc.  so that price becoming low and investors are afraid to invest in it

The negative information released by social platforms, people’s demand for Bitcoin, and the country’s recognition and supervision of Bitcoin will all affect Bitcoin prices.

the things that affect the downside of bitcoin prices are because they hear bitcoin scams so their price drops because they are afraid to invest in bitcoin.

This isn’t new for bitcoins. Since the development day, these amazing coins have been under critic from different people related with different walk of life, but still bitcoins are doing incredible. Many groups of bankers and investors are trying continuously to demoralize and demolish bitcoins but I believe bitcoins will never be ended in this way. So don’t worry and just invest more.

Bitcoin's price 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 menjua they read and see is the word prohibition. It causes a negative reaction in the market, even though the news is positive. Simply if you think about it, but not all smart market players or can not handle their emotions well and that non-ban is a prime example of this.

So, the existence of news related to cryptocurrency, such as about the legality, greatly affect the trust of society. Then significantly affects the number of requests and offers that impact on the increase or decrease in the price of cryptocurrency.

Na impirtant issue these days are like bitcoins price is falling because there is probably some issues in blockchain, I heard it

No it is not like this as it is hard to clap with single hand, so as the economy is making bitcoin good and bad the same way bitcoin is making the economy well and good, bitcoin is growing because our economy is accepting bitcoin but, to be honest the people around us are living a good life only because bitcoin is providing them a lot of money to live better life, so yeah acceptance of bitcoin by the people has very great effect on the price of bitcoin, banning is not a big deal as only few countries are banning bitcoin but most of them are accepting only.

Supply and demand or course. But whales are the big contributor for the price huge fluctuations. They can pump and dump which can sore the price deeply.

There are a lot of factors that can affect the price of bitcoin. Here are some of them:

1. Wider Mainstream Acceptance = This is another major factor that influences the price of this crypto-currency significantly. Even if it has faced a number of challenges and detractors, many well-known companies and businesses have started accepting bitcoins as a means of transaction.

2. Large Businesses Dumping to Fiat Currency = Given that bitcoins are not widely accepted as a means of transactions or payment, not many people and institutions can accept them. Because most things still have to be paid for in fiat currencies, many businesses often sell large portions of bitcoins so as to pay for their business expenses. This is normally referred to as “dumping” and it can keep the value and price of bitcoins in a depressed state

3. Technological Changes and Innovations = Technological advancement and innovations also have the ability to influence the bitcoin price. For instance, the integration of bitcoins in PayPal’s payment system has raised awareness and stimulated a lot of interest in digital currencies among most people.

4. Market Manipulation = This is another major factor that can influence the bitcoin price. For instance, traders can sometimes purchase huge chunks of bitcoins from the market so as to make the price to appear like it is rising before dumping them back to the market, hence making unheard-of profits from the same.

The factors that influence the price of bitcoins are quite diverse. Some of them are slow but quite steady, such as the gradually rising supply and demand curve.

Prize of Bitcoin depends of a lot of causes, for instance:

Regulations enforced by governments on Bitcoin transactions, , demand and supply in fiat currencies, technological Changes and Innovations,market Manipulation

Bitcoin is the first most popular digital crypto-currency whose price is influenced by a wide range of factors. Ideally, the bitcoin price is normally expressed as the exchange rate of the bitcoin in relation to other currencies.       Below are some of the main factors that can influence the bitcoin price:

1. Government Regulation = Each time a government releases official statements about the regulation of digital currencies, the price of bitcoin is normally affected.

2. Media Influence = The media can also influence the bitcoin price significantly. Media hype can easily lead to an increase in the price, while negative news can lead to a decline in the price.

3. Stability of the Bitcoin Network = Stability of the bitcoin network is a major factor that most bitcoin enthusiasts are concerned about. Most people want a secure network where they will not lose their money.

4. The Bitcoin Demand and Supply = The price of bitcoins is largely depended on the demand and supply. This means that high demand and low supply often leads to an increase in the price.

Bad news around the entire cryptocurrency market has a negative impact on its price. People are starting to sell more than buy thereby bitcoin becomes less popular and its price falls. Now more and more positive news - and I hope for good volumes and a speedy recovery of the entire market.