Yes as all people have been telling, the demand and supply have a direct affect on the bitcoin price. When you have a limited stock (the fact that there are only 21 million bitcoins and no more can be generated) the value automatically increases.
With increase in popularity of bitcoins the number of investors are increasing which affects the market price.
Also the value of dollar also has a direct influence on the value of the bitcoins.
Topic: What major factors affect bitcoin price? - page 6. (Read 1841 times)
News is one big factor in my opinion that can affect bitcoin prices. and for example today there is hardfork news we can see how the bitcoin price movement. very crazy
Government regulations and bans have big influence on the short term price. Big adoption news do the opposite.
I am a total newbie to this forum and don't know very much about crypto currencies.
What are major factors affecting bitcoin (or any other crypto currency) price? Is this mostly supply and demand, do other factors (difficulty of mining, hash rate, etc) play significant role in bitcoins price?
I think the most important factor which influence the price of Bitcoin is the popularity and acceptance of Bitcoin. The more popular Bitcoin becomes, the more it's demand will increase and a high demand means a higher value.What are major factors affecting bitcoin (or any other crypto currency) price? Is this mostly supply and demand, do other factors (difficulty of mining, hash rate, etc) play significant role in bitcoins price?
More number of altcoins can also influence the price of Bitcoin. More altcoins simply means more competetion which can affect the prove of Bitcoin.
I am a total newbie to this forum and don't know very much about crypto currencies.
What are major factors affecting bitcoin (or any other crypto currency) price? Is this mostly supply and demand, do other factors (difficulty of mining, hash rate, etc) play significant role in bitcoins price?
Bitcoin prices are determined by demand and supply. As demand for bitcoin increases, prices increase and as demand falls, prices fall. Bitcoin is already limited in number and new bitcoin is made with predictable levels What are major factors affecting bitcoin (or any other crypto currency) price? Is this mostly supply and demand, do other factors (difficulty of mining, hash rate, etc) play significant role in bitcoins price?
Bitcoin is still a relatively small market compared to the actual potential it can achieve, so it does not require a large amount of money to drive up or down market prices.
When demand for bitcoin increases, prices increase and as demand falls, prices fall.
good point! But why do you think like that When demand for bitcoin increases, prices increase and as demand falls, prices fall.
Currently there are positive news about bitcoin all over world which create more demand for it, and since the demand has become so high the holders becomes skeptical about whether to sell or not and if we are to sell it should be on the higher side. That is to say, the demand for Bitcoin is higher than the supply of Bitcoin and that makes it price to go up.
There are many major factors are affect bitcoin. BTC mining and number of digital currencies. These are main reason for demand the bitcoin, lot of invester are buying the bitcoin due to increase the value of bitcoin. Many of the problems are create only the demand of bitcoin. Seller also affect the these types of problem. 
With what as far as I know, one major factor that affects bitcoin price are the investors. Well if major investors give big investments then there will be big fund for bitcoin but if there were just few amounts that were invested bitcoin price would go down. But it's only from what I know. I'm not really sure if that really is a factor. Please let me know whether I'm correct or not. Thank you 
The rise of Bitcoin is connected with people who buy. And if demand is high, it will naturally increase and if the demand falls automatically, the price that traders want is likely to happen for traders to buy cheaply and wait for price increases and sell expensive. So it's up and down. And it will only increase if there are good improvements to be laid out. As it is now due to bitcoins split the bitcoins nearly 2x increased to its normal price during the first month of the year. So it's really the reason I've come to know
I am a total newbie to this forum and don't know very much about crypto currencies.
What are major factors affecting bitcoin (or any other crypto currency) price? Is this mostly supply and demand, do other factors (difficulty of mining, hash rate, etc) play significant role in bitcoins price?
I think the major factor affecting the price of bitcoin to change is the fluctuation of supply and demand of bitcoin on online market. In addition to that, I think the number of people who have it is also the reason because some of them are still holding their bitcoin and I think they will sell it when the price is high. What are major factors affecting bitcoin (or any other crypto currency) price? Is this mostly supply and demand, do other factors (difficulty of mining, hash rate, etc) play significant role in bitcoins price?
News is the most important factor weather hard fork is going to happen or any major price increase has occured or any billionaire tweeting about that he is planning to invest. If that happens people will be aware that price will increase because he is investing so it will cause a demand effect
Bitcoin is volatile and its price can get fluctuated a lot with the external and internal factors. External factors will include Investors, Fund raiser projects, Pumping groups etc while on the other hand Internal factor includes development on the blockchain technology, hard forks etc. The former is very important because investment is what drives the price of bitcoin up and down. With simple correlation, bitcoin is directly proportional to money invested into the bitcoin, if it is more per 24 hours then the price will start moving upward and vice versa. The later, development in blockchain is important because it makes bitcoin more easier to use or work with and due to that more investors are attracted towards it. So overall bitcoin is viable with these main factors according to me.
Wah, so it is not only influenced by demand and supply factors. Even from systems and investors also have a big effect on bitcoin prices. Besides that the amount of bitcoin is limited and is now a bone of contention.
Bitcoin is volatile and its price can get fluctuated a lot with the external and internal factors. External factors will include Investors, Fund raiser projects, Pumping groups etc while on the other hand Internal factor includes development on the blockchain technology, hard forks etc. The former is very important because investment is what drives the price of bitcoin up and down. With simple correlation, bitcoin is directly proportional to money invested into the bitcoin, if it is more per 24 hours then the price will start moving upward and vice versa. The later, development in blockchain is important because it makes bitcoin more easier to use or work with and due to that more investors are attracted towards it. So overall bitcoin is viable with these main factors according to me.
Wah, so it is not only influenced by demand and supply factors. Even from systems and investors also have a big effect on bitcoin prices. Besides that the amount of bitcoin is limited and is now a bone of contention.
Bitcoin is still a relatively small market compared to the actual potential it can achieve, so it does not require a large amount of money to drive up or down market prices.
When demand for bitcoin increases, prices increase and as demand falls, prices fall.
When demand for bitcoin increases, prices increase and as demand falls, prices fall.
I am a total newbie to this forum and don't know very much about crypto currencies.
What are major factors affecting bitcoin (or any other crypto currency) price? Is this mostly supply and demand, do other factors (difficulty of mining, hash rate, etc) play significant role in bitcoins price?
The first, welcome to the forum. In my opinion, I think there are many factors that affect the value of Bitcoin and its price as high as it is now, with supply and demand being a factor but not all. I think the first factor is the multiplicity of Bitcoin. Bitcoin has a lot of functions and uses, Bitcoin is used as a currency, Bitcoin as a means to store and trade value, it is also considered as a tool and commodity market. Bitcoin technology also has a bit of influence, the blockchain network uses modern technology to make it easier for people to interact with each other. The speculative market for Bitcoin price trading is quite large. Bitcoin's performance as a market instrument is breathtaking and it is considered a super-commodity and of course it will attract people and push the price up. This is only my opinion, hopefully it can help you understand bitcoin as well as crypto currencies What are major factors affecting bitcoin (or any other crypto currency) price? Is this mostly supply and demand, do other factors (difficulty of mining, hash rate, etc) play significant role in bitcoins price?
Yes mostly price of every trading assets including cryptocurrencies is affected by supply and demand.
Other additional factor includes ;
- Mining difficulty
- Manipulation from whales (large coin or fiat holder)
- Hype/Fud around some particular coin (like hardfork fear before august)
- Pump/dump groups (there are few telegram groups that pump/dump coin within few minutes)
- Private investor buying before announcement of big news.
- and many more it is hard to list all possible factors in few words...
Other additional factor includes ;
- Mining difficulty
- Manipulation from whales (large coin or fiat holder)
- Hype/Fud around some particular coin (like hardfork fear before august)
- Pump/dump groups (there are few telegram groups that pump/dump coin within few minutes)
- Private investor buying before announcement of big news.
- and many more it is hard to list all possible factors in few words...
Bitcoin is volatile and its price can get fluctuated a lot with the external and internal factors. External factors will include Investors, Fund raiser projects, Pumping groups etc while on the other hand Internal factor includes development on the blockchain technology, hard forks etc. The former is very important because investment is what drives the price of bitcoin up and down. With simple correlation, bitcoin is directly proportional to money invested into the bitcoin, if it is more per 24 hours then the price will start moving upward and vice versa. The later, development in blockchain is important because it makes bitcoin more easier to use or work with and due to that more investors are attracted towards it. So overall bitcoin is viable with these main factors according to me.
Supply and demand is one factor, but here the bitcoin is not like other currencies, it is not regulated so the supply and demand doesn't impact it that much. Major trading is one of the major factors that determines the bitcoin price. There are other factors too, technological advancement which can only be accessible with bitcoin give bitcoin a huge boost. By technological I mean that you can save your money in your PC and this is a big advancement in technology. This only is reason enough for the price of bitcoin to be up or at least a bit more than gold.
Actually, there are lot of factor that affect the price of bitcoin. Furthermore, the fluctuation of supply and demand of bitcoin is one of the factors that affect the price to change. In every second, minute, and hour the price is change and Its because of the demand of bitcoin on online market. 
Basically it is just simply supply and demand, may be there would be also some other factors affecting its price but the main factor is supply and demand. Value of a currency depends upon its circulation in the market and number of users, same as here when bitcoin have maximum number of users the price gradually rises but when the users cash out from the market the price will fall down.
I am a total newbie to this forum and don't know very much about crypto currencies.
What are major factors affecting bitcoin (or any other crypto currency) price? Is this mostly supply and demand, do other factors (difficulty of mining, hash rate, etc) play significant role in bitcoins price?
I think the fluctuation of supply and demand of bitcoin on online market is main factor that affect the price to change. In addition to that, I guess the number of people who have or buy it is also factor that affect the price to change. Lastly, every time the price of bitcoin is always change and I think the reason is the fluctuation of supply and demand.What are major factors affecting bitcoin (or any other crypto currency) price? Is this mostly supply and demand, do other factors (difficulty of mining, hash rate, etc) play significant role in bitcoins price?
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