What influences the Bitcoin marketplace? - page 3.

ethereumhunter

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Quote from: traderMax on January 07, 2017, 06:09:32 PM

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?

the news of bitcoin for sure, beside that, the parameters is by watching the market itself, how the supply and demand in the market, how trust people with bitcoin, and many more that maybe i don't know.

ayrton55

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When we look at the trade volumes for the bitcoin and altcoin markets combined it is around 170-200 million usd daily. Isn't this a bit strange ? Compared to market cap of ~18 billion is this volume of trading (about 1% of the assets) reasonable and efficient enough to set the price?

alani123

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Bitcoin markets are influenced by demand. It's likely that all price rises have in some way or another been influenced by large players, that urged more traders to chip in by manipulating prices. The more recent rally created a perfect playfield for market manypulators as it's obvious that big players were the ones that crashed the market by cashing out. See Image:

Isn't that one of the greatest sell offs in bitcoin's history? And to think that the build up to it was more of a collective rise, whales made too much money from this rally.

mayxi865

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Quote from: lionheart78 on January 08, 2017, 04:37:58 AM

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!

lionheart78

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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.

talkbitcoin

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Quote from: traderMax on January 07, 2017, 06:09:32 PM

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?

all of these can essentially affect bitcoin price too.
we have seen many times that economy has had its effect on bitcoin when people started investing their money in bitcoin to escape their country's bad economy.

but the biggest effect goes to adoption. since bitcoin is still a new technology as time passes and more people start to find out about bitcoin, put away their fear and use their brain to see the benefits of bitcoin they start buying it and with a limited supply price will go up.

icecube45

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I think policy of the law to use bitcoin in some countries also influence the market bitcoin. Because legal and illegal bitcoin in some countries it is influence the market. If legal it would be easier for people to use so that the market will increase, whereas if the illegal it would be harder for people to use so the market will be difficult to increase. So the government regulations in each country influence. Other than that I think buying and selling also affects the bitcoin market.

Mometaskers

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I can't give you any technical details but it seems that supply and demand is what's raising the price. The amount of coins being mined decreases over time so in theory that should start make it rarer and more expensive. Price you can expect to drop if people suddenly dump their bitcoins.

Quote from: dukeneptun on January 07, 2017, 07:12:07 PM

when someone sneezes in china since they're the real puppet masters behind bitcoin currently, that blockstream pusing for segwit

Well I'm starting to realize that's the case. A lot of bitcoin transactions and mining are done in China. No wonder there are several conspiracy theories about China trying to manipulate the currency if not being actually the creator.

dukeneptun

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when someone sneezes in china since they're the real puppet masters behind bitcoin currently, that blockstream pusing for segwit

traderMax

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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?

Topic: What influences the Bitcoin marketplace? - page 3. (Read 2163 times)