What moves bitcoin price? - page 4. | Bitcointalksearch.org

pissedoff

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Quote from: ~Bitcoin~ on February 03, 2016, 01:03:08 AM

Quote from: wikenpp on January 13, 2016, 06:08:22 AM

Normally it would be news, but these days some new actors are active on this market.
I still think/hope some positive has some influence, since it would be crazy if we should depend on whales to move the price.

Yes we need better distribution of bitcoin to stop those whale from manipulating market. Lots of people have already started lossing their trust in bitcoin trading with this ongoing manupulation.

People need to stop panicking and selling their bitcoins which cause the entire bitcoin market to fall in value.

quadriple7

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i think that more buy orders is the main reason that push bitcoin price.

a7mos

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Quote from: Bitcoinbro on February 03, 2016, 06:25:11 AM

I think the world and the economy. But China is especially important for Bitcoins.
They've been with a lot of people and they use it too much.

So they are very important for Bitcoin. But also the entire economy of course.

I do not think that world economy has nothing to do with bitcoin price, It may affect it indirectly like people will buy btc if their local currency is not stable.
What affect bitcoin deeply is News, specially bad news which drop the price to very low levels

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Quote from: ~Bitcoin~ on February 03, 2016, 01:03:08 AM

Quote from: wikenpp on January 13, 2016, 06:08:22 AM

Normally it would be news, but these days some new actors are active on this market.
I still think/hope some positive has some influence, since it would be crazy if we should depend on whales to move the price.

Yes we need better distribution of bitcoin to stop those whale from manipulating market. Lots of people have already started lossing their trust in bitcoin trading with this ongoing manupulation.

You cannot prevent the ordinary people to panic sell the bitcoins to those whales. They are good at play psychological war.

Bitcoinbro

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I think the world and the economy. But China is especially important for Bitcoins.
They've been with a lot of people and they use it too much.

So they are very important for Bitcoin. But also the entire economy of course.

~Bitcoin~

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Quote from: wikenpp on January 13, 2016, 06:08:22 AM

Normally it would be news, but these days some new actors are active on this market.
I still think/hope some positive has some influence, since it would be crazy if we should depend on whales to move the price.

Yes we need better distribution of bitcoin to stop those whale from manipulating market. Lots of people have already started lossing their trust in bitcoin trading with this ongoing manupulation.

avw1982

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Quote from: The Sceptical Chymist on February 02, 2016, 11:27:14 PM

Since you can't analyze earnings or business prospects per se with bitcoin, the price of btc is very sensitive to news. Like the recent Mike Hearn comments--that alone was responsible for at least part of the drop we've seen. And enthusiasm for bitcoin waxes and wanes, and the buy and sell orders are always fighting each other. That's what moves markets. More buyers=price rise. More sellers=price drop.

He was not donated big codes in bitcoin. He is nothing according to me. Price is pumping because of demand of bitcoin and mining level makes decision of bitcoin price. Dump is happening happening its because if less interest and less awareness of bitcoin.
After halving I guess bitcoin will stand in steady race and steady price.

The Sceptical Chymist

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Since you can't analyze earnings or business prospects per se with bitcoin, the price of btc is very sensitive to news. Like the recent Mike Hearn comments--that alone was responsible for at least part of the drop we've seen. And enthusiasm for bitcoin waxes and wanes, and the buy and sell orders are always fighting each other. That's what moves markets. More buyers=price rise. More sellers=price drop.

mrhelpful

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Quote from: Bitcoinbro on January 20, 2016, 07:49:16 AM

Quote from: tbterryboy on January 17, 2016, 02:58:37 PM

Unlike any other commodity, bitcoin has most influential factor for deciding it's price levels, it is network's difficulty levels. When more bitcoin miners enters into mining bitcoin then we can expect the price raise of bitcoins. The vice versa also true.

It also has something to do with demand and supply
Less supply and more demand means that bitcoin will rise in value.

Some of what moves the bitcoin price also has to do with stock markets.

Its a marketplace just like stocks, like how people buy and sell stuff on ebay.

But the difference between stock market it has multiple products, and bitcoin exchange only has one which is the coin itself. You can say if it were on the stock market it would be under the category of commodities.

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Quote from: Newcoins2020 on February 02, 2016, 03:31:09 AM

The whole economy has affected them. Also on the popularity of Bitcoin.
If it is more well-known, more people buying and selling. So the value of Bitcoin is still changing.

And there is how many people buy and sell and how many companies also accept Bitcoin.

Yes, bitcoin is rapidly spreading out to many new people around the world just like new technology. So, the demand for bitcoin is increasing rapidly on daily basis and we have constant supply of bitcoin per day. This will make bitcoin prices to move up. Demand is the prime factor for bitcoin also for price moving.

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The whole economy has affected them. Also on the popularity of Bitcoin.
If it is more well-known, more people buying and selling. So the value of Bitcoin is still changing.

And there is how many people buy and sell and how many companies also accept Bitcoin.

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Quote from: pissedoff on January 23, 2016, 01:50:37 PM

Quote from: BruceLee007 on January 23, 2016, 01:11:31 PM

as far as i know the people who buy and sell bitcoins regulate the price, if there is no interest in bitcoin the price will fall and if people will want to get it more and more the price will grow

There are many people that panic and sell their bitcoins and that causes most of the sudden price drops.

Usually if the issue is not too serious these orders just get absorb by the market and not felt. Developmental issues are what's worse and has the capability to really bring in new lows - like what we're having right now.

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Quote from: wuvdoll on January 23, 2016, 03:41:39 PM

Unlike any stockmarket, bitcoin prices cannot be pump are dumped in overnight. Because we are having exchange all over the world and the sentiment of traders all over the world will not be same. So, bitcoin prices is not influenced to buy a single trading group of people.

A big whale can open accounts in many exchanges and buy/sell at the same time. That will affect price in many exchanges. Some people will also do arbitrage, that will also make the price change in the opposite direction.

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I feel that news and stability about the blocksize, scandals (cryptsy, bitcoin used by criminals) etc. move the price in a good measure, but there is also some influence of people/big holders buying and selling to make the price move.

wuvdoll

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Unlike any stockmarket, bitcoin prices cannot be pump are dumped in overnight. Because we are having exchange all over the world and the sentiment of traders all over the world will not be same. So, bitcoin prices is not influenced to buy a single trading group of people.

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Quote from: pissedoff on January 23, 2016, 01:50:37 PM

Quote from: BruceLee007 on January 23, 2016, 01:11:31 PM

as far as i know the people who buy and sell bitcoins regulate the price, if there is no interest in bitcoin the price will fall and if people will want to get it more and more the price will grow

There are many people that panic and sell their bitcoins and that causes most of the sudden price drops.

This might be a reason and there are even some say that due to bitcoins getting accumulated over few people the bitcoin price moves. The market strategies of china impacted the bitcoin. Likewise we are hearing various predictions.

pissedoff

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Quote from: BruceLee007 on January 23, 2016, 01:11:31 PM

as far as i know the people who buy and sell bitcoins regulate the price, if there is no interest in bitcoin the price will fall and if people will want to get it more and more the price will grow

There are many people that panic and sell their bitcoins and that causes most of the sudden price drops.

BruceLee007

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as far as i know the people who buy and sell bitcoins regulate the price, if there is no interest in bitcoin the price will fall and if people will want to get it more and more the price will grow

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Quote from: Bitcoinbro on January 20, 2016, 07:49:16 AM

Quote from: tbterryboy on January 17, 2016, 02:58:37 PM

Unlike any other commodity, bitcoin has most influential factor for deciding it's price levels, it is network's difficulty levels. When more bitcoin miners enters into mining bitcoin then we can expect the price raise of bitcoins. The vice versa also true.

It also has something to do with demand and supply
Less supply and more demand means that bitcoin will rise in value.

Some of what moves the bitcoin price also has to do with stock markets.

Yes ultimately bitcoin is completely different from other commodities by having some definite supply for some particular period, which is highly different from gold kind of commodities. So, only the demand and future speculation of supply will influence the bitcoin prices.

Bitcoinbro

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Quote from: tbterryboy on January 17, 2016, 02:58:37 PM

Unlike any other commodity, bitcoin has most influential factor for deciding it's price levels, it is network's difficulty levels. When more bitcoin miners enters into mining bitcoin then we can expect the price raise of bitcoins. The vice versa also true.

It also has something to do with demand and supply
Less supply and more demand means that bitcoin will rise in value.

Some of what moves the bitcoin price also has to do with stock markets.

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