Which affects the btc price - page 2.

ufaiz50

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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

which determines the bitcoin price is the supply and demand here when there is a hardfork issue all in a panic and trigger a demand-lowering. if the price rises that trigger an increase in demand I think could be anything including what you say which is good impact for the bitcoin itself as now the forum admins say that splits might not happen.

Taskford

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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 only thing that affect the price of bitcoin and other altcoins are emotions. All of the people who invest, trade or what, they all have emotion which push them to do something and because of the late august 1 split fever, most of the holders or investors just panic because they think that the bitcoin will get fucked up and that is the proof why emotion is the main factor for affecting the price.

genocide

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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 of a bitcoin can be affected by the law of supply and demand. This means that its value will depend on what the market is willing to pay. The more people that want to buy bitcoins, the more its price increases. And if a lot if huge bitcoin investors suddenly decided to cash out their bitcoins because of security reasons for example, the price goes down. Compared to other currencies, bitcoin's value is much volatile.

Yakamoto

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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

There are a lot of different variables and events that can affect the market value of Bitcoin, and those can stem from a lot of factors in and of themselves.

For events, which typically impact variables, you have different things like legislation, news articles, economic movements, things like that which can cause uncertainty within the market or they can cause a bull run as people try to safeguard their funds, in the case of an economic event.

This causes people to buy or sell depending on forecasts and outlooks on the market, and it all comes down to the investor's will to buy or sell at a higher or lower value. That is the number one factor and that is why any market moves. Events and variables impact investors who decide what they want to do.

LouVandetta

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Motsly because of rumors, news, and FUD. Especially for newbies.
Supply and demand. And now, I think that august 1st really affecting the prices.
There's also investors and lots of peope are panic selling.

And actually there's still more of it.

NikS13

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News about bitcoin, like bitcoins getting banned in Germany (not true tho but just as an example)

skyline247

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The price has risen 50% in the last couple days due to BIP91 activation. I could not believe my eyes upon waking up to see 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 life. It is almost unbelievable, but such is the nature of cryptocurrencies.

colossus

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The situation on the market, the mood of investors, sociological factors too

Maveth13

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Quote from: Anegg on July 21, 2017, 05:27:59 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

Bitcoin is affected by:
- Supply and demand. When supply goes up, price goes down. When demand goes up, piece goes up. When supply goes down, prices go up. When demand goes down, prices go down.
- Recent news, events and media attention that bitcoin gets.
- The dark net, say if a site got shut down, it would impact price of bitcoin.
-Other alt coins.

I agree, supply and demand is a huge impact for a non-regulated currency. The users themselves affect the price. The panic selling because of FUD recently is an example, it's one of the cause of the huge price drop.

Phyton76

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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

Obviously it is because of the demand and supply of the bitcoin in the exchanges not all exchanges have a the same value of market price of bitcoin so i just it is because of the demand of a lot of people who are investing and holding bitcoin that affect the maket value.

Kotone

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Maybe you can see the changes of bitcoin to be honest if the holders will sell their bitcoins they like dumping their coins of vourse the price will drop also the volume and demand of every coins and alternative coins

IamHigh

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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's totally speculative and depend on the demand and supply basically. If more people are willing to buy, the price goes up. The factors affecting the demand are very various and not one dimensional things.

Anegg

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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

Bitcoin is affected by:
- Supply and demand. When supply goes up, price goes down. When demand goes up, piece goes up. When supply goes down, prices go up. When demand goes down, prices go down.
- Recent news, events and media attention that bitcoin gets.
- The dark net, say if a site got shut down, it would impact price of bitcoin.
-Other alt coins.

lucifochrome

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I think that the law of supply and demand affects the rise and fall of bitcoin or there can be other factor as well such as if it gets so hard to mine and the price of electricity people who have earned bitcoins will hold on to their coins until such time that the price of bitcoin is high. Guess that will still fall under the law of supply and demand. This is just my opinion

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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

There are tons of factors that drive BTC price, and it's impossible to predict how the market will react to some upcoming events. Sometimes it rises/crashes, sometimes it stands still, sometimes it even moves in the opposite direction that you would normally expect. So, it's better to be a long-term investor, because it's very likely that the price will increase in long term, rather than sit all days looking nervously at charts and try to day trade.

digaran

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Whether shareholders and holders and owners what? you didn't finish your sentence, but here you go anyways, there are 2 major players in the whole crypto world, China and the USA both their governments and investors are the ones affecting the prices, if it was the central banks manipulating the monetary system now people and independent investors are involved as well, if some saying hold your coins is because if we hold them we could potentially have some impact on the market however small.

freeyourmind

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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

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.

neuran

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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

Mostly news. Watch it go down and up when they talk about forking it.

klarki

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The price is derived from a variety of factors, such as:
- news events
- the general situation in the world in relation to crypto-currencies.
- behavior of large market players
- technical update solutions
- general trend
- opinion manipulation

rikyy

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You want to watch the number of people you have.

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