Topic: What moves bitcoin price? - page 6. (Read 7539 times)
The new taxes in Europe is a reason why the bitcoin price is higher.
its moved by the people buy and sell orders so it means its controlled by people though of course you need to have a lot of money if you want to have any impact on the price
i think the interest of people who want to buy it and sell it
At present, the bitcoin price is moved by news mainly. Any news about adoption will increase the price.
the price depends on the news and the mood of the whales. If they decide to dump the price, any good news cannot prevent that.
The price is news driven for most of the time. But it also depends on the performance of the whales and the miners.
Bitcoin being news driven is partly true. When there is some really great news, it barely affects the price. But when bad news pops up, then the price is going down. I think it will take a few more years before even bad news have no impact on Bitcoin anymore.
At present, the bitcoin price is moved by news mainly. Any news about adoption will increase the price.
the price depends on the news and the mood of the whales. If they decide to dump the price, any good news cannot prevent that.
The price is news driven for most of the time. But it also depends on the performance of the whales and the miners.
At present, the bitcoin price is moved by news mainly. Any news about adoption will increase the price.
the price depends on the news and the mood of the whales. If they decide to dump the price, any good news cannot prevent that.
At the moment I think people are trying to get in before the halving mania takes hold
It's easy to say so, but no one knows exactly what is making the price go up right now. People said in the previous rally that it was due to people who are buying before the block halving, and people were guessing the price would reach a minimum of $700. But the opposite happened. It went down very HARD after reaching $500. Whatever it is causing the current rise, it's nice
I understood the previous one to be driven by chinese capital controls, however in reality there is no one reason. In large part people see price going up and jump in too or see price go down and sell. Its like a shoal of fish all turning together
I believe the Chinese market has something to do with it
But overall it's the demand and supply. Also the dumping and pumping of bitcoins.
But overall it's the demand and supply. Also the dumping and pumping of bitcoins.
For now, Black Friday is the one who moves bitcoin price.
There are already few pump & dump in few days, and there'll more when Black Friday coming.
So, not only chinise market, but also special events which moves bitcoin price.
I believe the Chinese market has something to do with it
But overall it's the demand and supply. Also the dumping and pumping of bitcoins.
But overall it's the demand and supply. Also the dumping and pumping of bitcoins.
For now, Black Friday is the one who moves bitcoin price.
There are already few pump & dump in few days, and there'll more when Black Friday coming.
So, not only chinise market, but also special events which moves bitcoin price.
These pump and dump is too small. It does not affect the bitcoin price too much. Black Friday will have little effect too. We shall find the impact in the next few days.
I believe the Chinese market has something to do with it
But overall it's the demand and supply. Also the dumping and pumping of bitcoins.
But overall it's the demand and supply. Also the dumping and pumping of bitcoins.
At the moment I think people are trying to get in before the halving mania takes hold
It's easy to say so, but no one knows exactly what is making the price go up right now. People said in the previous rally that it was due to people who are buying before the block halving, and people were guessing the price would reach a minimum of $700. But the opposite happened. It went down very HARD after reaching $500. Whatever it is causing the current rise, it's nice
At the moment I think people are trying to get in before the halving mania takes hold
The price is news driven at the moment. When there is good news, the price will rise. vice versa.
This does not apply everyday. Nothing bad or necessarily good is happening right now.
I think what moves bitcoin price the most is when people are buying more bitcoins. The more demand there is for bitcoins, the higher the price will be.
News moves the bitcon price. Ultimately, the usefulness determines the bitcoin price. If there is no use, the price is 0.
One that hasn't been mentioned yet is capital controls by banks. When they start limiting how you can get at your own fiat in your own bank account bitcoin starts getting more notice. Wait until banks start trying to actually ban cash and impose negative interest rates on us. What do you do, leave your money in the bank or change it to something that avoids the negative interest rate ?
Capital controls was at least partially behind spike when Cyprus happened and recent spike due to Chinese.
Capital controls was at least partially behind spike when Cyprus happened and recent spike due to Chinese.
LONG term, adoption of Bitcoin.
Short term, how the China market feels about it given the volumes and many or most of the BIG farms and MOST HARDWARE MANUFACTURERS are there.
Short term, how the China market feels about it given the volumes and many or most of the BIG farms and MOST HARDWARE MANUFACTURERS are there.
The long term price is determined by the adoption of bitcoin. If there is no use of bitcoin, the price will be zero.
i believe it depends on a wide variety of reasons such as the interest of people and economical happenings in the world
your point some how right but Exactly miners are constantly mining new Bitcoins are selling them for Dollars to cover their costs. It would created a constant down pressure on the price and merchants Like Dell, Okcubid are receiving Bitcoins are selling them for profit in dollars.
The price is news driven at the moment. When there is good news, the price will rise. vice versa.
Nah I don't think so. The last pump was not backed by any news. It just went op.
Currently the price is manipulated by some big whales. In the future i am quite positive we will have btc price with is driven by news though.
Yeah, interesting, what does move bitcoin price? 
What makes bitcoin of value?
What makes bitcoin of value?
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