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

olumyd

full member

Activity: 658

Merit: 117

Quote from: newfidegm on February 21, 2017, 08:48:55 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

member

Activity: 168

Merit: 12

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

sr. member

Activity: 1932

Merit: 442

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

sr. member

Activity: 532

Merit: 250

Quote from: PX-Z on May 24, 2018, 10:33:01 PM

Quote from: newfidegm on February 21, 2017, 08:48:55 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

jr. member

Activity: 224

Merit: 2

The Experience Layer of the Decentralized Internet

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

member

Activity: 196

Merit: 10

Quote from: newfidegm on February 21, 2017, 08:48:55 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

newbie

Activity: 56

Merit: 0

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

sr. member

Activity: 980

Merit: 261

Quote from: Daseento on May 28, 2018, 10:25:37 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

sr. member

Activity: 719

Merit: 250

Quote from: sakib12121012 on May 28, 2018, 08:29:25 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

jr. member

Activity: 206

Merit: 2

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

hero member

Activity: 2744

Merit: 541

Campaign Management?"Hhampuz" is the Man

Quote from: newfidegm on February 21, 2017, 08:48:55 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

newbie

Activity: 238

Merit: 0

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

jr. member

Activity: 182

Merit: 1

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

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

hero member

Activity: 1554

Merit: 880

Top Crypto Casino

Quote from: newfidegm on February 21, 2017, 08:48:55 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

sr. member

Activity: 2338

Merit: 365

Quote from: newfidegm on February 21, 2017, 08:48:55 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

newbie

Activity: 102

Merit: 0

Quote from: sr32703 on May 24, 2018, 04:20:44 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

full member

Activity: 560

Merit: 104

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

hero member

Activity: 1190

Merit: 534

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

sr. member

Activity: 1372

Merit: 255

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, 08:48:55 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

sr. member

Activity: 700

Merit: 254

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.

Topic: What/who make the price of bitcoin - page 12. (Read 5609 times)