Topic: What major factors affect bitcoin price? - page 3. (Read 1841 times)

In order to translate these ideas into reality, when writing the program code of the system, the conditions for the extraction of new coins and the limit of 21 million Bitcoins were included in it.

Bitcoin price is determined by supply and demand. Supply is well defined and well controlled. New coins only enter the system through mining. Mining generates new coins as an incentive for proof of work. This process generates new coins at a fixed rate. The number of bitcoins in circulation at any time is calculable. (One factor that should not be forgotten is the amount of bitcoin that are being kept in reserves. In velocity of money calculations these are considered out of circulation)

Bitcoin which is the foremost cryptocurrency has some influencing factors for it's exponential increase and downs. some of these factors are Technological integration, Market Manipulations, Mainstream Market acceptance, Government regualtions and media influence among others

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There are many factors affecting the bitcoin price and they are like Supply and demand, Events and announcements against the bitcoin and other altcoins, difficulty in the mining and government plans and decision against the Mining and their farms. Yes, all these really plays a major role in the bitcoin price and i think we can really gauge the trend and price action of the bitcoin if we stay alert with all these factors. Don't worry mate if you are newbie we are here to help everyone, just post your query and we all will try to solve it.

that's right man. The price of bitcoin is not based on any platform of technological development and it is always affected by the supply and demand of the market. The sharks have taken advantage of this to make FUD and FOMO to fool the minds of small traders for redeeming. So be careful and check carefully with any news that is widely available. That will help you get a good decision.

Factors that affects of bitcoin price.The price of a bitcoin is determined by supply and demand.When demand for bitcoins increases,the price increases,and when the demand falls,the price falls.the most affecting factor is the number of people using it.The higher the demand grows the higher will be the price.

the major factor that affect bitcoin price is the issue about regulations in crypto.
If there are some bad regulations applied to bitcoin, many peoples may afraid and sell their bitcoin.

Yes I believed it is supply and demand are the major factors affecting bitcoin and other Cryprocurrency price. It is the basic fundamental economics. Once the population of bitcoin will decreased, automatically the demand will be affected and will got decreased. As what we observed if you noticed it, when China did banned Bitcoin, the priced of bitcoin is being changed rapidly. That's how it goes. It just say's clearly that major factors affecting the price of Cryptocurrency  is supply and demand.

I think the major factors that are affecting bitcoin and any other cryptocurrency is demand and supply. the demand for a certain coin will determine its true value. The second thing is market speculation and FUD, FUD plays a significant role in pumping or dumping a coin in the market.

The attitude of governments and BTC's good and bad news have a great impact on the price of BTC. But in the long run the price of BTC should continue to rise,

I think the major factor that affects bitcoin price is as its demand in the market. Coz if the demand is low the price will also get low so that the consumer will buy a bitcoin coz its price is low.

 I think bad news is most affective factor.

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. With an upsurge in the adoption and usage of this digital currency, the demand for bitcoins has significantly increased in the recent past. Note that because of the decentralized nature of this currency, the bitcoin price is not normally controlled by any company, organization or government. This means that before you try to predict the rise or fall in the price of bitcoins, it is important to understand what causes the same. Below are some of the main factors that can influence the bitcoin price:

1. Government Regulation
2. Media Influence
3. Stability of the Bitcoin Network
4. The Bitcoin Demand and Supply
5. Wider Mainstream Acceptance
6. Large Businesses Dumping to Fiat Currency
7. Technological Changes and Innovations
8. Market Manipulation

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. Others are sentimental and violent, like the speculative trade, which influences the trading of bitcoins each day. In spite of the opposing forces, which often exert their influence on the bitcoin market, the long-term average price seems to be on the rise. Note that learning about these factors will not necessarily make the bitcoin price more predictable. However, understanding them can help you to be more comfortable with the price fluctuations and make informed decisions at the right time.

there are so many factors that affects the price of bitcoin, supply and demand based on the market, popularity of bitcoin, mining, FUD, fake news, negative write-ups and misleading information regarding bitcoin's legality, lack of institutions that accepts bitcoin as payment, scams all over the internet and mostly the fabrication of other cryptocurrencies that took a huge part of the total market share of bitcoin. but i think the most influential factor are the big whales that makes a synchronized waves to HODL coins.

these factors are being addressed and survived by bitcoin so do not worry, these are part of the cycle in bitcoin world. 

really the main factor affecting bitcoin prices is demand and offer but news will also affect the price because news can affect the hearts of investors and can determine that it has the potential to hold or sell.

One of the major factor why increasing or decreasing value of bitcoin is the supply and demand of the community. Second is the regulation enforced by the goverment for example japan legitimates bitcoin in some stores thus making bitcoin more in demand. Also the media take part of the bitcoin value that garners positive or negative publicity.

The supply and demand over bitcoin is a factor, as well as the maturity of bitcoin in the market. However, one factor that affects bitcoin's price stands out the most and that is it's high volatility rate. Because of bitcoin's high volatility rate, the price fluctuates like crazy and therefore makes bitcoin's value unstable.

The main factor affecting bitcoin price is Volume And Bitcoin Distribution As the digital currency is still fairly young, Bitcoin voluem is still very small when compared to other assets such as gold, especially conventional currency such as US Dollar. As of Q4 2015, the amount of Bitcoin in circulation is only about 14 million, or much smaller than the US Dollar total of 1.3 trillion USD.

I think one of the major factors that affects in bitcoin price is the availability of local bitcoin retail brokers  the supply and demand. Negative news from the media's is also can affect the bitcoin price because some people heard the fake news doubt to invest or buy bitcoin instead.