Topic: What influences the Bitcoin marketplace? (Read 2163 times)
Mainly, the bitcoin's price is influenced by supply and demand. Although it is influenced by supply and demand, it can be influenced by other factors too. Happenings in the real world also affects bitcoin like trump getting elected so in short, it can be affected by politics too in some way. Supply and demand sometimes can be manipulated by the news too so news influence bitcoin market too and is a big part to consider in analyzing bitcoin's price movements in the future.
The only parameter for bitcoin price is demand and supply, because bitcoin is decentralized, so nobody can control it, no economics rumour or other rumour can affected bitcoin price, the market demand and supply and the transaction rate are the only factor that going to determine the price
Simple explanation maybe : supply and demand. Naturally, bitcoin supply always decrease but demand of it continues to increase which causes bitcoin price rises.
But, Bitcoin price also affected by whether local or global market issues/events such as ETF news, bitcoin market in Japan, merchants accepted bitcoin payment in some countries or exchanges regulated in USA and recently in China. All of those factors affecting bitcoin market obviously.
The currencies of the world are affected by many different parameters such as politics, economy, wars. The value of the money also shows up and down according to these parameters.
What are the parameters that affect bitcoin?
What are the parameters that affect bitcoin?
I think in every nation it depends on the principle they have in their laws whether its good or bad in their economy market it can affect the volume market of bitcoins too.
parameter is the bitcoin users themselves, more and more users bitcoin bitcoin sell its price will automatically go down automatically when the user but does not sell then hold for more bitcoin prices climb, bitcoin can not control and control
The only parameter for bitcoin price is demand and supply, because bitcoin is decentralized, so nobody can control it, no economics rumour or other rumour can affected bitcoin price, the market demand and supply and the transaction rate are the only factor that going to determine the price
economics roumours ofcourse have a huge influence ,you think when a country get banned to cash out their money and decide to buy bitcoin , will not affected to the demand?
a lot of factors actually could push and drop bitcoin price .
The only parameter for bitcoin price is demand and supply, because bitcoin is decentralized, so nobody can control it, no economics rumour or other rumour can affected bitcoin price, the market demand and supply and the transaction rate are the only factor that going to determine the price
economics roumours ofcourse have a huge influence ,you think when a country get banned to cash out their money and decide to buy bitcoin , will not affected to the demand?
a lot of factors actually could push and drop bitcoin price .
The only parameter for bitcoin price is demand and supply, because bitcoin is decentralized, so nobody can control it, no economics rumour or other rumour can affected bitcoin price, the market demand and supply and the transaction rate are the only factor that going to determine the price
The currencies of the world are affected by many different parameters such as politics, economy, wars. The value of the money also shows up and down according to these parameters.
What are the parameters that affect bitcoin?
What are the parameters that affect bitcoin?
It all requires some research and analysis, but I'm concerned that the parameters that affect the bitcoin is mining. Where once every 4 years from the growth of the bitCoin's getting high and it makes their already save a lot the year before bitcoin benefit greatly. But it's not just mining, but I also see that the parameters of the bitcoin also depends on the market for enthusiasts using bitcoin
According to me, as in all other investment instruments, supply and demand are determined at the price of bitcoin.
I do not think your mining affects the price of bitcoin. How does mining affect the price of bitcoin?
The worth of the Bitcoin are brought about how much people buy Bitcoins. Bitcoin it self has no worth.
And the worth of the Bitcoin keeps getting higher because more people are using the Bitcoin and are buying more Bitcoins.
And the worth of the Bitcoin keeps getting higher because more people are using the Bitcoin and are buying more Bitcoins.
The currencies of the world are affected by many different parameters such as politics, economy, wars. The value of the money also shows up and down according to these parameters.
What are the parameters that affect bitcoin?
What are the parameters that affect bitcoin?
It all requires some research and analysis, but I'm concerned that the parameters that affect the bitcoin is mining. Where once every 4 years from the growth of the bitCoin's getting high and it makes their already save a lot the year before bitcoin benefit greatly. But it's not just mining, but I also see that the parameters of the bitcoin also depends on the market for enthusiasts using bitcoin
It's not about mining. Bitcoin prices are brought about how much people perceive the value of bitcoins is. Because bitcoin has no equivalent in gold like how fiat currency is, it is just plainly driven by how much people want to pay for it. Hence, you can forget about research and analysis. Just read the news and every time you see bitcoins becoming more popular and accepted, then expect a price increase.
The currencies of the world are affected by many different parameters such as politics, economy, wars. The value of the money also shows up and down according to these parameters.
What are the parameters that affect bitcoin?
What are the parameters that affect bitcoin?
It all requires some research and analysis, but I'm concerned that the parameters that affect the bitcoin is mining. Where once every 4 years from the growth of the bitCoin's getting high and it makes their already save a lot the year before bitcoin benefit greatly. But it's not just mining, but I also see that the parameters of the bitcoin also depends on the market for enthusiasts using bitcoin
Bitcoin marketplace is influenced by government regulations, supply and demand, FUD, hype, Adoption News, development and Market manipulation. We all know that there is a possible whale controlling the bitcoin price. Whales can easily make Bitcoin price up or plummet it, depends on what is beneficial to him.
it is right. we can say that all points you mention is the factors that influence bitcoin, but the factor that we can see the most is demand of bitcoin. I think demands of bitcoin increases since the price was so high. beside that promotion of bitcoin users to another people also influence bitcoin use.
Well I thought he mentioned hype, adoption news, development amongst others which are all part of the promotion you talked about which influences demand of Bitcoin so in effect it wasn't necessary for you to have repeated that.
Bitcoin is a network based credit currency. Its credit lies in the 1 security of the upper limit of 2. On these two points, the credit is better than most of the current physical currency. This is the core value of bitcoin.
There are several factors affecting the price of bitcoin
1 bitcoin attention: the more people know bitcoin, the higher the degree of concern, the more likely the rise of bitcoin
2 bitcoin use: the wider the use of bitcoin, the greater the possibility of rising
3 bitcoin mining costs: the lower the cost of mining bitcoin, the transaction price is not easy to rise, but the more likely to rise (of course, the short term, because bitcoin is close to the end of mining)
4 the attitude of the government in comparison to the currency: This is the addition and subtraction, and the more countries recognize that the positive, the more countries blocked, then bad.
These points are very good. I added a point , the price of bitcoin mining machine. Its price by the revenue generated by the decision, which is influenced by both income and bitcoin prices and difficulty. There are several factors affecting the price of bitcoin
1 bitcoin attention: the more people know bitcoin, the higher the degree of concern, the more likely the rise of bitcoin
2 bitcoin use: the wider the use of bitcoin, the greater the possibility of rising
3 bitcoin mining costs: the lower the cost of mining bitcoin, the transaction price is not easy to rise, but the more likely to rise (of course, the short term, because bitcoin is close to the end of mining)
4 the attitude of the government in comparison to the currency: This is the addition and subtraction, and the more countries recognize that the positive, the more countries blocked, then bad.
Bitcoin marketplace is influenced by government regulations, supply and demand, FUD, hype, Adoption News, development and Market manipulation. We all know that there is a possible whale controlling the bitcoin price. Whales can easily make Bitcoin price up or plummet it, depends on what is beneficial to him.
Agree with your point of view. Bitcoin is a relatively mature market, but if bitcoin can gradually improve the market trading rules, then bitcoin may become the world's most influential and investment value of the capital market, it is worth looking forward to!yeah. those all influence bitcoin marketplace. however, demand and supply are the most influenced one. the theory is just like the other marketplace that demand and supply influence the product even there are still another factors, but they are the most affected.
Bitcoin marketplace is influenced by government regulations, supply and demand, FUD, hype, Adoption News, development and Market manipulation. We all know that there is a possible whale controlling the bitcoin price. Whales can easily make Bitcoin price up or plummet it, depends on what is beneficial to him.
it is right. we can say that all points you mention is the factors that influence bitcoin, but the factor that we can see the most is demand of bitcoin. I think demands of bitcoin increases since the price was so high. beside that promotion of bitcoin users to another people also influence bitcoin use.
There are certain criteria for the formation of supply and demand. First of all, a trust environment needs to be established. So the biggest reason for the increase in bitcoin price is the trust of people.
There are some parameters in the formation of trust. Here are the parameters that determine the bitcoin price. People's wishes develop as a result of these parameters.
Bitcoin is a network based credit currency. Its credit lies in the 1 security of the upper limit of 2. On these two points, the credit is better than most of the current physical currency. This is the core value of bitcoin.
There are several factors affecting the price of bitcoin
1 bitcoin attention: the more people know bitcoin, the higher the degree of concern, the more likely the rise of bitcoin
2 bitcoin use: the wider the use of bitcoin, the greater the possibility of rising
3 bitcoin mining costs: the lower the cost of mining bitcoin, the transaction price is not easy to rise, but the more likely to rise (of course, the short term, because bitcoin is close to the end of mining)
4 the attitude of the government in comparison to the currency: This is the addition and subtraction, and the more countries recognize that the positive, the more countries blocked, then bad.
There are several factors affecting the price of bitcoin
1 bitcoin attention: the more people know bitcoin, the higher the degree of concern, the more likely the rise of bitcoin
2 bitcoin use: the wider the use of bitcoin, the greater the possibility of rising
3 bitcoin mining costs: the lower the cost of mining bitcoin, the transaction price is not easy to rise, but the more likely to rise (of course, the short term, because bitcoin is close to the end of mining)
4 the attitude of the government in comparison to the currency: This is the addition and subtraction, and the more countries recognize that the positive, the more countries blocked, then bad.
Bitcoin marketplace is influenced by government regulations, supply and demand, FUD, hype, Adoption News, development and Market manipulation. We all know that there is a possible whale controlling the bitcoin price. Whales can easily make Bitcoin price up or plummet it, depends on what is beneficial to him.
it is right. we can say that all points you mention is the factors that influence bitcoin, but the factor that we can see the most is demand of bitcoin. I think demands of bitcoin increases since the price was so high. beside that promotion of bitcoin users to another people also influence bitcoin use.
The currencies of the world are affected by many different parameters such as politics, economy, wars. The value of the money also shows up and down according to these parameters.
What are the parameters that affect bitcoin?
What are the parameters that affect bitcoin?
Government, global economic and businesses. We should know that bitcoin is banned in some countries and it affects the bitcoin market to operate in all countries in the world, the global economic affects the bitcoin price sometimes. Bitcoin has its pump and dumps and these can happen anytime so we can't be sure that everything is going good and slowly, when more businesses accept bitcoin then the bitcoin marketplace will have a better range.
Ok, You refer perhaps to geopolitical factors, but we must also consider many other factors that affect the price, similar to times of the year, some kind of bad news, that is to mention some examples only, it would have to analyze in more depth that other factors could intervene, but yes, generally speaking all that has been mentioned is perhaps the most representative so far, the only thing I wanted to add is that all that factors are multiplying dozens of times since there is a greater distribution in the daily run, provoking an effect according to the nature and duration of the event and which is also minimized by new participants.
The currencies of the world are affected by many different parameters such as politics, economy, wars. The value of the money also shows up and down according to these parameters.
What are the parameters that affect bitcoin?
What are the parameters that affect bitcoin?
Government, global economic and businesses. We should know that bitcoin is banned in some countries and it affects the bitcoin market to operate in all countries in the world, the global economic affects the bitcoin price sometimes. Bitcoin has its pump and dumps and these can happen anytime so we can't be sure that everything is going good and slowly, when more businesses accept bitcoin then the bitcoin marketplace will have a better range.
Actually all of the things you mentioned has impact on bitcoin in the market place. For example politics, they say has no impact on bitcoin because it is not centralized but politics has a large say on bitcoins. If the politicians agreed among themselves that bitcoin is to be banned across their country then it will greatly affect bitcoins price in the market.
But this is not a normal political event. For example, wars, production, etc. Such issues affect the normal currencies. Bitcoin is not affected by these types of issues. It's a matter of direct banning of the bitcoin you're talking about.
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