What/who make the price of bitcoin - page 12.

olumyd

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Quote from: newfidegm on February 21, 2017, 07:48:55 PM

Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?

Market players, whales and early adopters; FUD and FOMO... Apparently, virtually every bit of information has influence over market and price dynamics.

Pjoh ie

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bitcoin is fluctuating, its price is erratic, bitcoin price does not depend on good bad politics in a country, so bitcoin price in my opinion is only regulated by its devotees, even bitcoin may no its price anymore if its enthusiasts no longer exists.

Ryker1

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Eloncoin.org - Mars, here we come!

The one who makes the price of bitcoin are the people who use it. Traders, holders, and investors are the one who make it. There will be a price change if someone sell their bitcoin, or buy bitcoin. Bitcoin is not going less than $7,000, because a lot of big companies bought bitcoin, they invest in it. If it becomes popular again, the price will rise again, it might be bigger than what it hit on December 2017.

cfif123

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Quote from: PX-Z on May 24, 2018, 09:33:01 PM

Quote from: newfidegm on February 21, 2017, 07:48:55 PM

Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?

The price of bitcoin depends on its demand and supply, when the demand of bitcoin is high it reduces its supply which causes its price increase higher, so we are also the maker of its price because we are the one who buy and sell bitcoins.

very true and that can make the high bitcoin price is its own enthusiast. because more and more are buying bitcoin automatically bitcoin supply it will be very little that can cause direct high bitcoin price once

JoshMart

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All market price would be based on the law od supply and demand. Well for Bitcoin, it is a decentralized currency so no one is able to control it hence dictate the price or the market activity. Like any other market it is based on the law of supply and demand, but for Bitcoin, the supply is constant and limited, so mainly based on the demand. So it is the interest of people in it,if a lot of people are into it nad wants to buy it then the demand is high the price will be high, same goes if a lot of people are selling it and no one wants it, then the demand is low so is the price.

francis2

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Quote from: newfidegm on February 21, 2017, 07:48:55 PM

Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?

It depends on many facts and one of the most important is ourselves, we decide at which price we are willing to buy or sell our bitcoin and that is very telling, for example when the price of bitcoin reached close to 20000 dollars I knew that I will never pay such a price and then the price began crashing just sometime after I had those thoughts and I'm sure that happened because I was not the only one thinking that.

pellor mas

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The first point of determining the price of oranges is by two things: what price is desired by the person who sells it, and what price is wanted by the person who bought it. If John wants to sell oranges for Rp 3,000, - and Sarah only wants to pay Rp 2,000, - then the deal does not happen. But if they agree with a certain price, for example Rp 2,500, - then the transaction occurs.

Muzika

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Quote from: Daseento on May 28, 2018, 09:25:37 AM

It's simply demand and supply. It's price is dependent on the number of people willing to buy it and at what price and the number of people ready to sell at that price. In a bullish trend-such as the current state of the market, we have more sellers than buyers and that's why price keeps falling.

it is simply also the investors and the holders of bitcoin once they sell it will have an impact in the market special when you sell in bulky same with if you bought a bitcoin in a huge amount the price will raise .

Gotomoon

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Quote from: sakib12121012 on May 28, 2018, 07:29:25 AM

i don't Who/what make the price of Bitcoin.But i thing according to Bitcoin demand,Bitcoin prices are made more or less.The demand for bitcoin is increasing day by day and it's price is also increasing.

The price of bitcoin determines on the demand and supply. And also if their is active of buying and selling it makes price of bitcoin decrease and increase. It makes price undervalued or opposites so their is users involved.

Daseento

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It's simply demand and supply. It's price is dependent on the number of people willing to buy it and at what price and the number of people ready to sell at that price. In a bullish trend-such as the current state of the market, we have more sellers than buyers and that's why price keeps falling.

carlisle1

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Quote from: newfidegm on February 21, 2017, 07:48:55 PM

Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?

If theres buying the coin and willing to spend it,thats make the value grow and will reflect to market price..and if this circulation continues then that will make the cryptocurrency moves,because bitcoin price dictates what would be the growth or falls of every currency after this bitcoin

sakib12121012

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i don't Who/what make the price of Bitcoin.But i thing according to Bitcoin demand,Bitcoin prices are made more or less.The demand for bitcoin is increasing day by day and it's price is also increasing.

queenlaurel

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Bitcoin just as someone said, it's like buying and selling. It's a type of currency one uses in making transactions and it's being accepted over the word. It's also more or less trade. The more people are into it, the higher the price which is good for all. People sell their own Bitcoin while others buy.

PX-Z

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Quote from: newfidegm on February 21, 2017, 07:48:55 PM

Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?

The price of bitcoin depends on its demand and supply, when the demand of bitcoin is high it reduces its supply which causes its price increase higher, so we are also the maker of its price because we are the one who buy and sell bitcoins.

Renampun

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Quote from: newfidegm on February 21, 2017, 07:48:55 PM

Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?

which actually makes the price of Bitcoin up or down is from the sale and purchase transactions, supply and demand is still very influential on the price of Bitcoin, so if asked who made the price Bitcoin, which makes Bitcoin prices are investors and traders Bitcoin...

Harleybtc01

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Quote from: sr32703 on May 24, 2018, 03:20:44 PM

According to me Basically Bitcoin price depend on Law of Supply & Demand. Bitcoin is a decentralization so, who buy or who sell nobody can't know that.

Yes, we are all right and on the same track. It all depends on the supply and demand, bitcoin has 21 M the more people uses it the more its price goes up. Therefore, its all in our hands and promoting and encouraging people to invest in it will give us possitive results like we will have bigger profits and help us financially.

sr32703

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Eloncoin.org - Mars, here we come!

According to me Basically Bitcoin price depend on Law of Supply & Demand. Bitcoin is a decentralization so, who buy or who sell nobody can't know that.

Dudeperfect

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Bitcoin price is determined based on the law of demand and supply that means if there is high demand in the market and if the supply is constant then the price increases and vice versa. Since Bitcoin is based on blockchain technology which relies on decentralization there is no individual or organisation to control or decide the price of Bitcoin. The law of demand takes place each and everywhere and thus you will see various prices at the same time on multiple exchanges as there is a difference in demand on those exchanges even if it belongs to the same country.

layoutph

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Nobody controls the price of Bitcoin, it is the people who buy and sell Bitcoin. If lots of people buys a huge amount of Bitcoin then the price will surely go up. If a large number of people sell their Bitcoins then the price would go down. Bitcoin price chart usually repeats itself so you will know if you need to sell or you need to buy.

Quote from: newfidegm on February 21, 2017, 07:48:55 PM

Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?

Lecam

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We as an investors are the one who is making the price of Bitcoin,
Investors are the one who is responsible for the Bitcoin price movement because the price depends solely in the stock and demand.

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