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Topic: What influences the Bitcoin marketplace? (Read 2130 times)

hero member
Activity: 882
Merit: 544
February 25, 2017, 07:53:50 PM
#50
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.
hero member
Activity: 1036
Merit: 514
February 25, 2017, 07:41:11 PM
#49
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.
sr. member
Activity: 784
Merit: 250
February 25, 2017, 07:02:22 PM
#48
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?

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.
sr. member
Activity: 532
Merit: 250
1st of May
February 25, 2017, 02:20:38 PM
#47

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
hero member
Activity: 1666
Merit: 502
February 24, 2017, 08:56:17 PM
#46
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 .
bitcoin prices fluctuate due to the decentralized bitcoin where prices are determined by supply and demand, you say is is there are many factors that could push demand for bitcoin and drop though indirectly affect the price of bitcoin but absolute is the supply and demand
legendary
Activity: 1414
Merit: 1002
= jasad =
February 24, 2017, 08:07:04 PM
#45
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 .
legendary
Activity: 1666
Merit: 1001
February 24, 2017, 07:46:25 PM
#44
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
member
Activity: 79
Merit: 10
February 24, 2017, 06:45:43 PM
#43
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?

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?
member
Activity: 86
Merit: 10
February 22, 2017, 10:19:25 AM
#42
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.
hero member
Activity: 882
Merit: 506
February 22, 2017, 09:50:33 AM
#41
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?

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.
newbie
Activity: 34
Merit: 0
February 22, 2017, 01:48:19 AM
#40
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?

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
sr. member
Activity: 756
Merit: 253
February 22, 2017, 01:22:58 AM
#39
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.
sr. member
Activity: 244
Merit: 250
February 21, 2017, 11:02:09 PM
#38
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.
hero member
Activity: 1666
Merit: 701
February 21, 2017, 07:18:58 PM
#37
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.
member
Activity: 79
Merit: 10
February 21, 2017, 05:48:35 PM
#36
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.
sr. member
Activity: 317
Merit: 250
January 24, 2017, 11:33:45 PM
#35
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.
hero member
Activity: 1666
Merit: 701
January 24, 2017, 06:36:13 PM
#34
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.
legendary
Activity: 938
Merit: 1000
January 24, 2017, 06:32:28 PM
#33
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?

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.
legendary
Activity: 1526
Merit: 1001
January 24, 2017, 05:21:59 PM
#32
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?

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.
member
Activity: 79
Merit: 10
January 24, 2017, 04:02:35 PM
#31
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.
member
Activity: 79
Merit: 10
January 24, 2017, 03:28:27 PM
#30
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?

Because such currency is centralized, which means everything factors about the country/government also van affect the currency market.
Bitcoin is different because it's decentralized, and otherwise bitcoin comes when the country have bad economic system, such Venezuela recently.
Also like other currency bitcoin influences by demand and supply, but because the supply is limited, it's could be manipulate by whales/dinosaurs (people who have a lot coins / people who already mined bitcoin & have a lot coins).

As you said yes, bitcoin is not influenced by the current political structure of the world because it is not a central system. Bitcoin is only valued according to people's demands and is affected positively or negatively by the news about bitcoin. There are also very few people who use bitcoin when we look around the globe. Bitcoin is somewhat independent of the world economy.
For now they are few users of bitcoin.. we seen that more adoption is always come like in brazil they are accepting bitcoin as payment locally and paris  has 20 stores locally are accepting bitcoin as payment that can influence other people to use bitcoin to increase value..
The bad effect those who are experience of scam are treaten bitcoin as scam and heard that bitcoin uses for illegal activities because of anonymity..


The use of bitcoin in illegal activities is not a problem of bitcoin. Malicious people can use it for illegal activities in other payment systems after they request it.
When compared to other payment systems, Bitcoin offers a much more transparent system.
hero member
Activity: 994
Merit: 544
January 11, 2017, 09:46:03 AM
#29
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.
hero member
Activity: 700
Merit: 500
Massive price drop coming...
January 10, 2017, 03:53:02 PM
#28
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?

Because such currency is centralized, which means everything factors about the country/government also van affect the currency market.
Bitcoin is different because it's decentralized, and otherwise bitcoin comes when the country have bad economic system, such Venezuela recently.
Also like other currency bitcoin influences by demand and supply, but because the supply is limited, it's could be manipulate by whales/dinosaurs (people who have a lot coins / people who already mined bitcoin & have a lot coins).

As you said yes, bitcoin is not influenced by the current political structure of the world because it is not a central system. Bitcoin is only valued according to people's demands and is affected positively or negatively by the news about bitcoin. There are also very few people who use bitcoin when we look around the globe. Bitcoin is somewhat independent of the world economy.
For now they are few users of bitcoin.. we seen that more adoption is always come like in brazil they are accepting bitcoin as payment locally and paris  has 20 stores locally are accepting bitcoin as payment that can influence other people to use bitcoin to increase value..
The bad effect those who are experience of scam are treaten bitcoin as scam and heard that bitcoin uses for illegal activities because of anonymity..
member
Activity: 79
Merit: 10
January 10, 2017, 03:47:54 PM
#27
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?

Because such currency is centralized, which means everything factors about the country/government also van affect the currency market.
Bitcoin is different because it's decentralized, and otherwise bitcoin comes when the country have bad economic system, such Venezuela recently.
Also like other currency bitcoin influences by demand and supply, but because the supply is limited, it's could be manipulate by whales/dinosaurs (people who have a lot coins / people who already mined bitcoin & have a lot coins).

As you said yes, bitcoin is not influenced by the current political structure of the world because it is not a central system. Bitcoin is only valued according to people's demands and is affected positively or negatively by the news about bitcoin. There are also very few people who use bitcoin when we look around the globe. Bitcoin is somewhat independent of the world economy.
hero member
Activity: 686
Merit: 500
fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!
January 10, 2017, 05:37:25 AM
#26
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?

Because such currency is centralized, which means everything factors about the country/government also van affect the currency market.
Bitcoin is different because it's decentralized, and otherwise bitcoin comes when the country have bad economic system, such Venezuela recently.
Also like other currency bitcoin influences by demand and supply, but because the supply is limited, it's could be manipulate by whales/dinosaurs (people who have a lot coins / people who already mined bitcoin & have a lot coins).
sr. member
Activity: 588
Merit: 252
January 10, 2017, 01:15:14 AM
#25
From the look of things in recent years, I will say Chinese market dictate the price of Bitcoin, the recent pronouncement from the PBOC make the market price dropped by 25%, also the influence of Chinese miners cannot be underestimate and their move in blocking the SW
legendary
Activity: 910
Merit: 1000
January 09, 2017, 11:29:52 PM
#24
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 parameters that affects bitcoins are developers of coins, innovations of developers, mass adoption, comunity support for better of bitcoins in the future.
Investors who put the money on bitcoin and blockchains technology of bitcoins, it is part  fundamental of bitcoins and that are affects to bitcoin will be survive or not.
But for movement bitcoin's price is short term, it is depend on the most traders and speculator.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
January 09, 2017, 07:54:48 AM
#23
At first demand and supply, then regulation or lack of it, some interest groups and combination of all this together. Probably the adoption too and how the people use it and in what extend. Could be also the current relation to fiat currencies.
hero member
Activity: 1330
Merit: 569
January 09, 2017, 07:43:41 AM
#22
Several reasons can be adduced to have influence bitcoin in the market place and I would say one factor will not be totally responsible because for a large market like bitcoin then its going to be mirage of factors which I identified in my own way:

1. The forces of demand and supply will go along way to influence it

2.Another one which is not too obvious is the issue of speculation, this has proven to have been obvious where some exchanges will be trading at a price forcing other exchange sites to follow.

hero member
Activity: 2996
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Leading Crypto Sports Betting & Casino Platform
January 09, 2017, 07:32:35 AM
#21


That is correct, Guy. I see that People's demand is rising up highly and it is tending common to all classes in society. I think if bitcoin has appropriate laws for bitcoin, It will quickly become a central digital currency in the future.
bitcoin is just a curreny nor a goverment that can make an appropiate laws, some countries maybe can but limited in their regions and ofcourse they're not going to do it, it is as the same as giving up their economy
and even with a law doesn't guarantee bitcoin will be that easy to be a central digital currency in the future
newbie
Activity: 18
Merit: 0
January 09, 2017, 06:17:30 AM
#20
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?

Firstly, I think about the Legality of bitcoin. It is a basic thing to accepted by all governments as a digital currency or not? Just saying about it , this is a big influence to bitcoin market place.
Secondly, Many people in the world started to know and use it as digital currency for trading, investing and purchasing. with big community like this, it is a important influence to bitcoin market place.
Thirdly, The facttor of inflation, weak economy, wars are also the main reasons which influence the botcoin marketplace.
legendary
Activity: 1386
Merit: 1058
January 09, 2017, 03:39:22 AM
#19
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?
Same parameters. Because bitcoin is just another money but not bind one particular country. So, bitcoin get affected by policies of each and every country which are directly or indirectly influencing bitcoins. Similarly all economic events are affecting bitcoin price levels.

The only big difference is a fiat is majorly getting affected by one country and bitcoin is influenced by almost all countries of this world.
legendary
Activity: 3248
Merit: 1070
January 09, 2017, 03:12:48 AM
#18
supply and demand, but china play a big role in manipulating the market, because they control the mining activity and they invested a lot in cash, they also are far great in number than other in the world

this mean that their influence will have a greater effect, then you have the panic sellers and dumpers which follow the trend, and magnify the trend in play
hero member
Activity: 2814
Merit: 576
January 09, 2017, 12:52:21 AM
#17
Bitcoin is driven too much by speculators these days.
We will have to wait a long time before you can link Bitcoin's value to fundamental factors.

The speculators are the voice of the people, we speculate that bitcoin will be more popular in the future, hence it will make the price increase to earn profit from our investment. As investors of bitcoin, getting ourselves educated with the recent happenings is necessary, it will help us to make the right decision when to buy and sell.
newbie
Activity: 20
Merit: 0
January 09, 2017, 12:46:41 AM
#16
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:

http://i.imgur.com/44Sy89W.png
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.

That is correct, Guy. I see that People's demand is rising up highly and it is tending common to all classes in society. I think if bitcoin has appropriate laws for bitcoin, It will quickly become a central digital currency in the future.
legendary
Activity: 1218
Merit: 1007
January 09, 2017, 12:42:05 AM
#15
A lot of the influences come from the Chinese economy having an effect on the Chinese exchanges, and whales effecting the exchanges.

That's most of what happens, but there are some other things that happen here and there that have a profound effect. Some events, like Trump's election, had an effect on the market, if I'm remembering correctly.
legendary
Activity: 1218
Merit: 1000
January 09, 2017, 12:33:03 AM
#14
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.

Even many countries are not completely accepting how can we say that bitcoin is legal, it completely depend on supply and demand when ever user hold the bitcoin and many other wants to buy bitcoin in this automatically the price will increase.
Well there is many countries do not fully accept bitcoin does not mean they are declares illegal. As in my country do not accept bitcoin is legal but they allow using bitcoin with caution and own risk. If bitcoin recognized or be legal in some countries it will make people easy to believe, so that supply and demand will continue to increase. This is basically the same as you say, and I totally agree with you.
legendary
Activity: 1582
Merit: 1064
January 08, 2017, 09:08:34 PM
#13
Bitcoin is driven too much by speculators these days.
We will have to wait a long time before you can link Bitcoin's value to fundamental factors.
hero member
Activity: 1218
Merit: 507
Leading Crypto Sports Betting & Casino Platform
January 08, 2017, 01:08:49 PM
#12
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.

Even many countries are not completely accepting how can we say that bitcoin is legal, it completely depend on supply and demand when ever user hold the bitcoin and many other wants to buy bitcoin in this automatically the price will increase.
hero member
Activity: 3024
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January 08, 2017, 12:06:45 PM
#11
Bitcoin markets are influenced by demand.


Yes that influences the marketplace of bitcoin. So when there is a big demand for bitcoin, that is impacting the price to increase. But since we all know that there are big people / groups behind this. Better to ask who influences the bitcoin marketplace. Just look what happened when the price of bitcoin is on ATH this new year but it suddenly crash because of the Chinese traders.
hero member
Activity: 2912
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Leading Crypto Sports Betting & Casino Platform
January 08, 2017, 11:59:58 AM
#10
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.
newbie
Activity: 15
Merit: 0
January 08, 2017, 10:54:20 AM
#9
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?
legendary
Activity: 2422
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Leading Crypto Sports Betting & Casino Platform
January 08, 2017, 06:43:47 AM
#8
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.
sr. member
Activity: 250
Merit: 250
January 08, 2017, 06:36:41 AM
#7
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!
legendary
Activity: 2954
Merit: 1153
January 08, 2017, 05:37:58 AM
#6
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.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
January 08, 2017, 05:04:03 AM
#5
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.
legendary
Activity: 1218
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January 08, 2017, 04:13:56 AM
#4
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.
hero member
Activity: 1764
Merit: 584
January 07, 2017, 09:09:03 PM
#3
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.

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.
legendary
Activity: 1064
Merit: 1000
January 07, 2017, 08:12:07 PM
#2
when someone sneezes in china since they're the real puppet masters behind bitcoin currently, that blockstream pusing for segwit
member
Activity: 79
Merit: 10
January 07, 2017, 07:09:32 PM
#1
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?
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