Which affects the btc price | Bitcointalksearch.org

ubitcoin

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Quote from: nankers on July 21, 2017, 02:06:41 PM

I just follow btc developments this month. I see every day btc price up and down. Which is my question, what are the factors that affect the rising price of the btc? Whether shareholders btc, altcoin, or btc users themselves? Huh

It is not about up and down of price it is about market that what is going on. As people were afraid from 1 August but nothing were happened. So we should not say that it is about up and down of price. Now people are much interesting in bitcoin therefore the price of bitcoin is going high and the drop was just happened because of implementation in bitcoin.

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Quote from: ghostunicorn on July 24, 2017, 02:57:38 PM

Quote from: Ewinsane on July 24, 2017, 01:38:06 PM

Quote from: xderek on July 21, 2017, 02:22:16 PM

It is one of the best value holding coin and when other coins fall, people buy and store btc. Could be the recent fall of ETH, or any other.

It is not about other currency in my opinion I will say that. Why ETH fall just because they see the market of bitcoin that they are implementing people are afraid to invest. So, they have drop down there prices because they are not that much trusted as Bitcoin. But watch once again it is rising and rising so there would be no problem after 1 August or before as I'm watching the market.

I don't believe any other factor on bitcoin price effect. The only thing is rich people who can sell or buy hundreds of bitcoin in a minute on exchange web sites. This is the main cause for bitcoin price change.

Ya I accept your words. No factor will affect bitcoin. Only due to August 1 the price may vary.But it will Not completely affect the bitcoin. Day to day the price of bitcoin is vary.But it will Not completely affect the inversing people on bitcoin.

ghostunicorn

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Quote from: Ewinsane on July 24, 2017, 01:38:06 PM

Quote from: xderek on July 21, 2017, 02:22:16 PM

It is one of the best value holding coin and when other coins fall, people buy and store btc. Could be the recent fall of ETH, or any other.

It is not about other currency in my opinion I will say that. Why ETH fall just because they see the market of bitcoin that they are implementing people are afraid to invest. So, they have drop down there prices because they are not that much trusted as Bitcoin. But watch once again it is rising and rising so there would be no problem after 1 August or before as I'm watching the market.

I don't believe any other factor on bitcoin price effect. The only thing is rich people who can sell or buy hundreds of bitcoin in a minute on exchange web sites. This is the main cause for bitcoin price change.

neuran

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Let's revisit after August 1st

Ewinsane

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Quote from: xderek on July 21, 2017, 02:22:16 PM

It is one of the best value holding coin and when other coins fall, people buy and store btc. Could be the recent fall of ETH, or any other.

It is not about other currency in my opinion I will say that. Why ETH fall just because they see the market of bitcoin that they are implementing people are afraid to invest. So, they have drop down there prices because they are not that much trusted as Bitcoin. But watch once again it is rising and rising so there would be no problem after 1 August or before as I'm watching the market.

neuran

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Quote from: freeyourmind on July 21, 2017, 04:03:45 PM

Quote from: nankers on July 21, 2017, 02:06:41 PM

I just follow btc developments this month. I see every day btc price up and down. Which is my question, what are the factors that affect the rising price of the btc? Whether shareholders btc, altcoin, or btc users themselves? Huh

Supply (current bitcoin owners) and demand (people wanting to purchase bitcoin). The supply is pretty straight forward, but the demand isn't. There's a lot of fear, confidence and speculation which affects demand. Since Bitcoin is not yet widely adopted as a method of payment, it's that much more volatile.

How about the August 1st man made influence. Do you feel it does affect the price? Don't you feel this is more about controlling the price than benefit to the BTC?

amacar2

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There are many factors and one or many of these factors can act at the same time to make market moves. One basic factor is supply and demand, when demand will be high than price will go up and when there is not much bitcoin for sale than price will go up. FUDS and HYPES also plays significant roles in moving bitcoin's price.

Amevalentine

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it is about demand and supply
price will going high, when demand volume was raising but supply in exchanges limited, this happen in another condition for price going down.
these could be happen related about trend issue, technology improvement, security news, market volume investor, etc.

digitaltrader

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Bitcoin is unregulated therefore its value has no justification. Given that Bitcoin price moves violently up and down in a very short period of time clearly indicates market manipulation. This is the characteristic of anything that is unregulated.

Dudeperfect

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The main and direct reason that affects the price of Bitcoin is a higher supply of bitcoin in the market as compared to the volume of demand. The law of demand and supply says if the demand is higher than the supply then price of the commodity increases and if the demand is less than the supply then the price of the commodity falls so it applies to Bitcoin too. There are several other factors which affect the demand and supply in the market, the current 1 Aug event is one of them and we have already witnessed the show recently.

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Quote from: nankers on July 21, 2017, 02:06:41 PM

I just follow btc developments this month. I see every day btc price up and down. Which is my question, what are the factors that affect the rising price of the btc? Whether shareholders btc, altcoin, or btc users themselves? Huh

Actually, there are many factors that affect the price of bitcoin to change. In addition to that, I think the fluctuation of supply and demand of bitcoin is main reason that affects the price to change to increase and decrease. However, I also think that the number of people who buy it or have it that also affect the price of bitcoin to change.

MFahad

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It is a commodity Market as put down by legal standards in the courts of Florida last year. Research and reading actually tells you these things. Therefore commodity prices affected by market Capital, by the buy and sell prices on the various exchanges. This is not rocket science it is simple, simple economics.

ipanks

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Quote from: nankers on July 21, 2017, 02:06:41 PM

I just follow btc developments this month. I see every day btc price up and down. Which is my question, what are the factors that affect the rising price of the btc? Whether shareholders btc, altcoin, or btc users themselves? Huh

the main factor is because the news that published into public that makes people getting panic and sell their bitcoin with fast. they become afraid bitcoin will down too far and they don't want to see their money value is loss too. btc user is the most affect with bitcoin price because we don't know how much stronger the btc user when they are see the price is down.

skorupi17

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Quote from: nankers on July 21, 2017, 02:06:41 PM

I just follow btc developments this month. I see every day btc price up and down. Which is my question, what are the factors that affect the rising price of the btc? Whether shareholders btc, altcoin, or btc users themselves? Huh

The price itself is being identified depending on the demand and supply of bitcoin. Moreover, the demand stands for the number of user wants to buy some bitcoins and the supply is the number of bitcoins available in the market. Then here comes the law of supply and demand for the computation of the price. The demand and supply themselves is the main variable when identifying the price of bitcoin. However, some external factors affects the price indirectly. Those factors affects the demand and supply, thus affecting the price.

Yuhee

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Quote from: SamsungBitcoin on July 21, 2017, 09:29:10 PM

Quote from: zeze18 on July 21, 2017, 08:56:27 PM

Of course, there are many factors that play a role in bitcoin prices, one of which may be because of the high demand for bitcoin in the market by traders, as well as the role of media is also very helpful to increase popularity and bitcoin prices.

I think this is the main factor that affects bitcoin prices, next is the continuous adoption by more country which help to increase the demand of every users of bitcoin. Also the continuous advertisement in the social medial has a big help for the prices.

Well most commodities are affected by supply and demand. But btc is a mined good so it could affected on the world wide price of a currency more over a dollar. If america is losing financially then it would affect everything that has its base on dollars like there own gpd. Chances are basic items will increase then it would slowly affect its price and corporations also has to adjuct there prices accordingly. Btc is controlled by people but it also has its own pump and dump but still depends on the price of dollars/

cpfreeplz

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Are you serious? What affects currencies that aren't global? Everything within that economy. What affects bitcoins? Literally everything. If some big news comes out in China it affects us all. If positive news happens in Russia you see a little rise but then 12h later if a country band bitcoins you'll see a dip.

Kemarit

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Quote from: skyline247 on July 21, 2017, 06:39:03 PM

Most recently, the price has risen 50% in a couple days due to BIP 148 activation. I could not believe my eyes upon waking up to realize the price went up so much in such a short period.

I can't recall ever seeing such a significant price increase in any market in my entire life. It is almost unbelievable, but such is the nature of cryptocurrencies.

Do you mean BIP91? Just for the update, it was already locked in and needed around 183 blocks until rejecting non-SegWit blocks.

I was to quite surprise to really see the spike in the price because of this positive news. Bitcoin price is really driven by speculation. Sometimes we will read negative news and and it will impact the price dramatically. If you guys recall, when the first ETF proposal were rejected, the market crash, pulling the price to below $1000. Yes, its the nature of the market, its unbelievable indeed, that's how we love bitcoin. Grin

SamsungBitcoin

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Quote from: zeze18 on July 21, 2017, 08:56:27 PM

Of course, there are many factors that play a role in bitcoin prices, one of which may be because of the high demand for bitcoin in the market by traders, as well as the role of media is also very helpful to increase popularity and bitcoin prices.

I think this is the main factor that affects bitcoin prices, next is the continuous adoption by more country which help to increase the demand of every users of bitcoin. Also the continuous advertisement in the social medial has a big help for the prices.

ilovefeetsmell

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Quote from: nankers on July 21, 2017, 02:06:41 PM

I just follow btc developments this month. I see every day btc price up and down. Which is my question, what are the factors that affect the rising price of the btc? Whether shareholders btc, altcoin, or btc users themselves? Huh

In my conclusion about the affect of increasing the bitcoin price is the demand and supply of bitcoin. The demand of bitcoin is always increasing with a constant supply. The bitcoin price gradually increases over the long term. Bitcoin can be used in payment network, bitcoin as a currency, bitcoin storage and transfer (holding your bitcoin for a long time). Bitcoin has many uses and functions in our country so that's why the demand still increases.

zeze18

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Of course, there are many factors that play a role in bitcoin prices, one of which may be because of the high demand for bitcoin in the market by traders, as well as the role of media is also very helpful to increase popularity and bitcoin prices.

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