who controls the bitcoin price? | Bitcointalksearch.org

Renampun

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Quote from: Lmaooo on January 25, 2021, 07:47:12 AM

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the conclusion of everything you say is 'bitcoin price is controlled by all Bitcoin traders'...
small traders also have a role in controlling the Bitcoin price. Bitcoin price is the same as the price of other investment assets which will continue to be influenced by sellers and buyers.

molsewid

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Quote from: Sanugarid on April 09, 2021, 03:16:52 AM

As far as I know, supply and demand determined the price of BTC in the market for a certain period of time. All of the factors you've mentioned lie under the law of supply and demand. If the number of people wants to buy BTC increases, the price will increase and vice versa. Also, Bitcoin Miners brings up a significant effect on the market price. When supply increases, market price decreases.

As i do believe about the law of supply and demand also. Whales couldn't make a big impact to the bitcoin's price if the supply of bitcoin in the market was abundant. And I guess the law of supply and demand are the basis of any project moderatos that is why they are burned their tokens once the supply in the market was too much and ther market demand was too low. But the above mentioned still we the community, the investors, every single person and not as the big whales only can have an impact to the bitcoins price.

Sanugarid

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Quote from: Lmaooo on January 25, 2021, 07:47:12 AM

well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?

i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers

As far as I know, supply and demand determined the price of BTC in the market for a certain period of time. All of the factors you've mentioned lie under the law of supply and demand. If the number of people wants to buy BTC increases, the price will increase and vice versa. Also, Bitcoin Miners brings up a significant effect on the market price. When supply increases, market price decreases.

choechristian00

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No one can control the bitcoin price.

It's controlled by a huge supply chain and public demand and availability of bitcoin, when bitcoin demand high then automatically increases the price and demand are less then the price is decreased.

conected

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They said Big Whales can control price of Bitcoin and can manipulate the price of Bitcoin, but i think no one can prove that, if they invest a lot of bitcoin they can't manipulate also because many people have also bitcoin in their wallet. Whether they control it or not just go with the flow, when Bitcoin rise sell it and if Bitcoin goes down, buy it too.

- It is hard to prove this but sometimes looking at some unusual changes is enough to make us doubt control, Bitcoin is probably in many people's wallets but they are not groups of consensus, they are just individuals who like to independently make money in the crypto market, they may even be the proponents of the whale group. Whales are unified organizations of opinion, they make a strong impact on the market, independent players stick to this idea, it's too normal to control the price of bitcoin as these mobs have tacitly understood each other

kecha1

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No one really. Investors only partially influence the price.

Argoo

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Quote from: Lmaooo on January 25, 2021, 07:47:12 AM

well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?

i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers

Of the above, in my opinion, whales have the greatest influence on the formation of prices in the cryptocurrency market, since they have a lot of capital and the ability to influence them on the market, especially if they act in collusion. However, it cannot be said that whales have the ability to control the cryptocurrency market. Most likely, this is an opportunity to manipulate it from time to time, sometimes raising or lowering prices. As market capitalization increases, this will become increasingly difficult, as more capital will need to be invested.

Aliceooo78

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as I see it, the price is controlled by its limited supply. there're trillions of people in the world but the quantity of it is finite, which makes it rear. if there're numerous bitcoin, then its price would be much lower than now.

ivankoh

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Quote from: Lmaooo on January 25, 2021, 07:47:12 AM

well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?

i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers

In all of your ideas, in my opinion, there is no requirement that can control the value of bitcoin. Bitcoin is almost beyond the control of any requirement.
Although it is still heavily influenced by those factors, it is by no means controlling.
1. Whales,
5. famous people, are making big currents. MicroStrategy or Elon, Tesla are the proofs.

James Watson

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I think the number of competing cryptocurrencies will also affect. Although Bitcoin is currently the most well-known and most circulating cryptocurrency, investors also have hundreds of other options for cryptocurrencies. Generally speaking, the existence of competitors can guarantee the value of investment. If there are no strong substitutes, such as the euro, renminbi or pound sterling, the value of the dollar is bound to be different. However, the speculative nature and quasi-legal status of cryptocurrencies make it difficult to understand how competition rules will affect pricing. But as far as the current situation is concerned, Bitcoin's traffic volume, penetration rate, and application situation are still the best. However, with the continuous development of cryptocurrency and the improvement of other altcoin ecosystems, Bitcoin must also accelerate its integration into the society, and always ensure its "big brother" status in order to continue to appreciate.

why

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why! do ur own job.

It depends on demand and availability. If demands will be increased, and availability reduced the price will go to moon. when there were no buyers and miners have huge amount of mined coin to sell the price action will go down. so Bitcoin's price is totally dependent on availability and market demand. sometimes whales and influence take down or up the market a little while but it is not remain permanent.

Mr.sprin

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no one can control the price of bitcoin even though some say the price of bitcoin is controlled by sellers and buyers but they themselves sometimes experience losses how they can control bitcoin a bad idea I can make sure bitcoin is free and no one can control it.

OgNasty

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Quote from: Lmaooo on January 25, 2021, 07:47:12 AM

well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?

i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers

You forgot probably the most important controller of the Bitcoin price... That would be the code. It is quite clear by this point that the market is following the stock to flow model, which is determined by the coded creation of Bitcoin. Every 4 years we see a spike relating to the halving and there's no sign this fractal pattern in exchange rates is going away anytime soon regardless of what the banks, whales, funds, exchanges, or influences think about it.

bitterguy28

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Quote from: Lmaooo on January 25, 2021, 07:47:12 AM

well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?

i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers

None of the above , Yeah in some sort they can affect the movement but controlling the whole market wasn't in their hands.

Because even how hard they wanted to control the prices but if we will be strong enough to Hold , for sure none of them will benefits.

The problem upon us is that if they shake the market stupid weak hands sells out and that is domino effect and when the price fall down thiose mentioned will Buy back so the price will Pump again.
same cycle over and over.

Twentyonepaylots

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Whales do have a big impact on the price of the coin, but wall street bankers? Hedge fund managers? Banks? I do not think so. Unless they hodl a significant amount of bitcoins in their portfolio, they wouldn't be able to control a trillion dollar market cap investment, let alone beat. So the main contender we really have in this industry is the big ones at the upper echelons of the bitcoin ladder. After them? Nothing else.

MoneyJ

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This has been my ultimate question that hang over my head since I read about crypto 7 years ago. Well from the knowledge and experiences I have gone thru, might well say first the bitcoin project proponents and VCs (early adopters) , They have the roadmap of when and how the technology would take effect of its advantages in network world called the Internet. Bitcoin whales have some effect but not as much as those VCs.

Lmaooo

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Quote from: Lmaooo on January 25, 2021, 07:47:12 AM

well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?

i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers

Well, Bitcoin whales control the market momentum.
Because they can manipulate the Bitcoin price in the market.
Bitcoin whales are connected to one another they know exactly when to buy and when to sell.

Dutchyyy

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Quote from: Lmaooo on January 25, 2021, 07:47:12 AM

well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?

i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers

The price of a Bitcoin is determined by the corresponding supply and demand on the market. When the demand for Bitcoins increases, the price increases and, accordingly, when the demand decreases, the price decreases. There are a certain number of Bitcoins in circulation and new Bitcoins are created at a predictable and declining rate, which means that demand must follow the level of inflation to keep the price stable. Given that Bitcoin is still a small market compared to the size it can reach, it does not take a colossal amount of money to raise or drop the price of Bitcoins.

Imran232

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You and me is the real controler of btc price changer. Now lets explain how we control just think you have 1 bitcoin and you want to sell it on the price of 60k thats why you bid on that price. And now i want to buy a bitcoin now here is the most amazing part i saw you list a bitcoin for 60k. Now its my choice if i thought no i don't want to buy it on 60k. I will be agreed on 59k. And you saw that i bid for 59k. Then you feel that well if i sell 59k then yeah i might loss 1k but still i will be in profit. Then you sell in 59k then price dump. If you didn't sell on 59k after some time if i buy it 60k then its price increase. This is the real factor. I don't think that cryto exchange is the Controler because its just a way to work. But biggest stock market company, finance management company take that chance they buy a huge number if coin at a lower price then now hands on them what they want up or down. Well they use another strategy first they sell at higer price they pump it huge then when they sell their 80-90% hold. That means they got a huge profit. Then last 15-20% they sell in very muxh lower. Price that means they dump the price. So that they can buy again. I hope you understand everything now.

jerrison

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The banks have their roles in the control of finance but then there are limitations in the case of crypto. The wall street also has some degree of influence but there are limited influences since it has no central network. Hedge funds alongside the whales are the most influential class of people in the space as they have large funds to drive market prices to the roof and also the social media to leave prices crashing.

Quote from: Lmaooo on January 25, 2021, 07:47:12 AM

well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?

i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers

Topic: who controls the bitcoin price? (Read 1660 times)