What/who make the price of bitcoin - page 5.

Ranly123

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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?

In a simple reasoning Bitcoin price is based on supply and demand. When there are less people holding the coin then the price would be lower because the supply is abundant in that reason.

Husecomang

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Quote from: buternasek on July 02, 2018, 09:21:03 PM

a lot of opinions about this, if I personally more convinced that the media that determines bitcoin price.
because every time the news appeared unsightly in the media. at that time the bitcoin price drops.
I do not know, that's just my personal opinion.

There is no such one organization or company which is controlling the bitcoins. As bitcoin is decentralized, no one can control it and no one has any power to manipulate it. The price is purely depends upon the demand and supply of bitcoins. As demands increases and people want to invest in it, the price automatically rises.

scoin9

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The price of Bitcoin is massively regulated by us all, we a have a role to play in the price of Bitcoin, although those who hold a very high amount of BTC can ultimately cause prices to rise and fall as they like due to the large amount of BTC they own.

Bountyl

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my answer is news. Unfortunately, at the moment, too much news depends on news. From this, such volatility and crazy horse racing courses are almost half their value.

ModGirl

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Quote from: deloreswest on July 02, 2018, 09:52:04 AM

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 is made by community on the market, the more demand is the more is the value of bitcoin.

Quote from: sonofliberty on July 02, 2018, 09:44:30 AM

Quote from: Carreuh on June 29, 2018, 01:15:39 PM

If who controls or controls the bitcoin price, but if what is the effect of bitcoin prices, there may be some negative news about this bitcoin, the prohibition in some countries as well as the available supply that affects this bitcoin value

There are so many things which controls or affects the Bitcoin price, that we would easiest ages that everything effects. Everything that you hear and see can somehow and some way affect the price of Bitcoin for now.

yes anything is affecting bitcoin and also i do think economy matter, goverment and also media is affecting bitcoin value.

Yeah all of them are taking part in making bitcoin valuable and high in price, so we should have trust our experience not to trust any bad news of FUD, for me only investors are base of change value and price, when more people will sell coin at dip so price will fall but when more people will buy and hold, will not panic so price will get high, just keep in mind you are important in making price high throughout the market.

TheClownSong

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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?

Like others financial market or commodities market, price always depend on supply and demand. With limited supply on bitcoin and demand always increasing, bitcoin price must be always rising. Thats why bitcoin is good long term investment

sonofliberty

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There are very many factors that are influencing the Bitcoin price, I can say that one of those are the whales, who are just manipulating the price by moving there funds, and creating the false fake demand

Andrew S

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The growth of bitcoin depends on the players on the market. If there is a demand, they raise the price, and then sharply reduce it to make more money.

RudeeTam

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It's the people around the world who determined the price of bitcoin. Depending on whether they want to buy it at the price other people wanted to sell it. Which in turn depends on their interest in buying it. The more it is in demand, the higher the price and vice versa.

AleSergio

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People that have quiet a big pockets of bitcoins, can manipulate the price.
There are some wallets with 5000+ bitcoins, sometimes they just drop about 3000 on some exchanger and they start to trade there by droping price or pumping it.

ethereumhunter

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Quote from: jeluhtajem on July 02, 2018, 09:32:53 PM

Quote from: buternasek on July 02, 2018, 09:21:03 PM

a lot of opinions about this, if I personally more convinced that the media that determines bitcoin price.
because every time the news appeared unsightly in the media. at that time the bitcoin price drops.
I do not know, that's just my personal opinion.

I agree, the media is very influential with bitcoin prices.
I have long observed that, if the media say something negative, then the bitcoin price will go down.

but we have another reason that determines bitcoin price which is supply and demand and it's related with the news from the media. supply and demand work up and down and when there is any news comes out then it will give an impact on the price whether it is increasing or decrease. and besides that, don't forget with the whales that sometimes can also move the price to the higher or lower price.

Ngemmeng

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only people with large funds can manipulate bitcoin prices, but investor confidence in bitcoin can also affect bitcoin prices. if investor confidence in bitcoin increases then bitcoin price also increases.

Panpan66L

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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 can sound silly but I believe that we all are contributing in the process of forming bitcoins price. By panic sell and panic buy we can affect the price significantly more than som enews around.

jakagintiri

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I think many things can affect the price of bitcoin in the market, such as bad news bitcoin, bitcoin demand and sales as well as the participation of major countries also very influential on the movement of bitcoin prices.
therefore why bitcoin prices change very quickly because there are many factors that affect it.

PlusOne88

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Bitcoin's price is heavily influenced by its utility or usability. Supply might be a consideration but what really give iy a real value is how it is attracting people by what it can offer. For example if people would want to transfer money and find the process in the money transfer station slow and costly, and found out that using bitcoin is even more affordable and faster they would certainly opt to choose bitcoin to facilitate such transfer. And even if prices should go up, if still advantageous people will still use it. So the price may no longer be in question for as long as they can transfer funds easily. So from here the law of supply and demand then works. Also it should be taken into account that one of the reasons for a change in price would be the payment we give for the services rendered also by the miners and the fees given or set by exchanges.

jeluhtajem

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Quote from: buternasek on July 02, 2018, 09:21:03 PM

a lot of opinions about this, if I personally more convinced that the media that determines bitcoin price.
because every time the news appeared unsightly in the media. at that time the bitcoin price drops.
I do not know, that's just my personal opinion.

I agree, the media is very influential with bitcoin prices.
I have long observed that, if the media say something negative, then the bitcoin price will go down.

buternasek

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a lot of opinions about this, if I personally more convinced that the media that determines bitcoin price.
because every time the news appeared unsightly in the media. at that time the bitcoin price drops.
I do not know, that's just my personal opinion.

Turan100

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what i thinks is big organisation behind the price of the Bitcoin , which continent a big investors and the market are totally managed by them , this still just an hypothesis

Xenoph0bia

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Bitcoin's price according to me, solely depends on the demand and supply.
So, various factors which are involved are:
The acceptance the coin has gained in the market. Like some countries have banned the coin which affects the coin's prices.
Rules and regulations the government makes. Though the coin is decentralised, but has an indirect effect on it due to these.
Investors who have large stocks of the coin.

mboot

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I don’t think someone manages this. If most people come to mind to buy this at the same time then the price grows. If most people want to sell then the price falls. It also depends on the news: if the news are good the price grows, if the news are bad the price falls.

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