Bitcoin price is determine by the quantity of bitcoin that was supplied at a particular time and amounts of quantity that was demanded at the same particular time. Another thing that determines bitcoin price is traders that are trading based on technical and fundamental issue that take trading decision based on those issues.
i think supply and demand can be the main reason for increasing and decreasing the price of bitcoin. if people are adopting bitcoin and the demand is increasing then the supply will decrease and so the price of bitcoin will increase also. 
Topic: What/who make the price of bitcoin - page 19. (Read 5611 times)
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's depend on the demand if the demand increase, of course the price would rise. of course the first price regulated by the exchange/markets. bitcoin prices formed by the needs of users bitcoin. at first bitcoin only be distributed after passing a considerable investment, and also pretty big sacrifice. then, once distributed, bitcoin has a price, although the price can be said to be very cheap. up till now.
Value is not based on the bitcoin distribution. Bitcoin price depend on supply and demand in the world market, adoption rate of blockchain technology and reduction of mining blocks. These three factors are bumping the bitcoin value up.
After halving mining process in reduce in half of the amount. From that time to now. price is continuously been increase in the chart.
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?
Demand, supply and popularity of bitcoin
bitcoin prices formed by the needs of users bitcoin. at first bitcoin only be distributed after passing a considerable investment, and also pretty big sacrifice. then, once distributed, bitcoin has a price, although the price can be said to be very cheap. up till now.
Bitcoin price controlled by community(suply and demand), big holder, and also big miner. Big miner has possibility to dump bitcoin price
It is us the user of bitcoin, we are the one who give the price of it.
The more you buy coin the larger the chance of high amount of it.
If you are familiar with the supply and demand, then you will know it. Its economic like status.
The more you buy coin the larger the chance of high amount of it.
If you are familiar with the supply and demand, then you will know it. Its economic like status.
The same as any other market, the price is based on what the free market deems it is worth. This is based on almost countless factors, and can change fluidly based on external forces. Basically though, the price is what someone is willing to pay you for it. The same as anything else.
Supply and demand always contribute to the movement of price, so basicly Bitcoin users can influence the price. Also the conditions on the market, whales, potential and exusting regulation, hacker attacks on exchangers, Chinese, many different thing. But in different periods Bitcoin price differently responds to those factors.
Bitcoin is decentralized currency, that means that no one country can control it and spread it's politic. We are, bitcoin users, who control bitcoin, demand for it and it's price. And here the simple principle works - more bitcoin buyings - higher price and opposite.
But this is just in a short word about bitcoin and who controls it. I think you have to read more information about bitcoin for beginners, where bitcoin explained simply.
I agree with you. People buying more bitcoins and the increase in users of the bitcoin more it will help to raise its price. The good news is that the bitcoin users are increasing every day and people are still interested in converting their savings and their assets into bit-coins. They believe that the bit-coin prices will keep increasing and they will be able to earn well. But this is just in a short word about bitcoin and who controls it. I think you have to read more information about bitcoin for beginners, where bitcoin explained simply.
Bitcoin is decentralized currency, that means that no one country can control it and spread it's politic. We are, bitcoin users, who control bitcoin, demand for it and it's price. And here the simple principle works - more bitcoin buyings - higher price and opposite.
But this is just in a short word about bitcoin and who controls it. I think you have to read more information about bitcoin for beginners, where bitcoin explained simply.
But this is just in a short word about bitcoin and who controls it. I think you have to read more information about bitcoin for beginners, where bitcoin explained simply.
Mostly supply and demand. It's worth what people are willing to pay for it. Its price is rising because people have confidence in it. You can see this during the past scares with the Chinese government calling for meetings with the exchanges. You see some decrease in price as some people sell away their coins because they're EXPECTING that others will sell and the price will drop. This of course present opportunities (maybe you'd like to get into bitcoin, buy when it's low) as well as risks (you just deposited a large part of your savings as bitcoin and then you see the price drop).
People with more bitcoins and knowledge would obviously ride on the waves but for bottom-dwellers like my self, the safest strategy is to still buy and hold. Of course it's possible that bitcoin would suffer a crash from which it will not recover so just be prudent and only invest money you can afford to lose. If you just skipped lattes, deposited it and then lost the money, you probably wouldn't feel so bad as if you moved all your saving from the bank to your bitcoin wallet.
People with more bitcoins and knowledge would obviously ride on the waves but for bottom-dwellers like my self, the safest strategy is to still buy and hold. Of course it's possible that bitcoin would suffer a crash from which it will not recover so just be prudent and only invest money you can afford to lose. If you just skipped lattes, deposited it and then lost the money, you probably wouldn't feel so bad as if you moved all your saving from the bank to your bitcoin wallet.
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?
Price is not determined by any single person or community. It is determined by general trends. By general trend I mean, forces of market i.e. demand and supply. Suppose, 50 people are interested to buy Bitcoin yesterday and pay $1000 for one bitcoin. Now, 100 people wanna buy it today but supply of Bitcoin is limited. In this case, people will be willing to pay more than $1000 so they can grab Bitcoin rather than others. As a result, price will shoot up. So price increases when demand increases and vice-versa. More in image below-
Just replace word 'Firm' to 'Individuals'
This definitely means people make the price of Bitcoin, it is the aggrement between those who sells and those who buy. We do not need to dig deeply on this because without this two factor there will never be a price of any items. The problem with people is that they try to complicate things when a simple word can explain it.
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?
Price is not determined by any single person or community. It is determined by general trends. By general trend I mean, forces of market i.e. demand and supply. Suppose, 50 people are interested to buy Bitcoin yesterday and pay $1000 for one bitcoin. Now, 100 people wanna buy it today but supply of Bitcoin is limited. In this case, people will be willing to pay more than $1000 so they can grab Bitcoin rather than others. As a result, price will shoot up. So price increases when demand increases and vice-versa. More in image below-
Just replace word 'Firm' to 'Individuals'
We are the one who makes the price of Bitcoin. If we use Bitcoin more recent, the prices will go up and there will be many positive results. On contrast, if we decide to ignore Bitcoin and only hold it as a type of investment, Bitcoin will slowly be destroyed. And as you can see, China is also one of the main influence to the Bitcoin price. Therefore, we must respect what they are doing or they will knock down the whole Bitcoin system
Bitcoin price is determine by the quantity of bitcoin that was supplied at a particular time and amounts of quantity that was demanded at the same particular time. Another thing that determines bitcoin price is traders that are trading based on technical and fundamental issue that take trading decision based on those issues.
Well, to summarize every argument, it is supply and demand that dictates the price of bitcoins. That is generally what it is and no work around on how it can be justified. Bitcoin is not backed up by any gold or country hence you can't do any fundamental analysis on it. As long as there are people who would want to pay for the price, then the price is set.
First person who bought bitcoins from Satoshi himself is the founding father of bitcoin price, or the first people who accepted bitcoins as something of value. and the rest you should've learned in school dude, economy classes much?
If he dont know about economics then he might be absent on that time when teacher taught about the law of supply and demand. 
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?
Supply and demand makes the price of bitcoin. And also good and bad media makes and breaks the price of bitcoin. 
they say supply and demand, but for me there is a very high manipulation going on, how we can tell that the exchange with their 200k coins sitting in theri address are not manipulating the market between one trade and another one? all exchange are manipulated for me, bitcoin should adopt decentralized exchange, so no one can hold a big amount of coins
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