who decides btc,eth,doge, etc......
pricewho is control
Topic: who is btc price changed every second (Read 137 times)
who decides btc,eth,doge, etc......
pricewho is control
who decides btc,eth,doge, etc......
pricewho is control
In the decentralized nature of the market, supply and demand is what determines the price, and therefore the factors that affect supply and demand are what make changes, but they are related to market capacity.
For example, in 2017, about several million dollars were enough to affect the price, but today we need several billions of dollars, and so the more market capacity increases, the fluctuations decrease because of the need for trillions of dollars to move the price 10%.
As for altcoins, and because the market capacity is small, it is difficult to predict the changes, which may be artificial (a million dollars may change the price a lot) and therefore the associated factors are more complex.
It is the us, the crowd, the market that decides for the demand and price of it. But you know what, the whales have bigger contribution and power to move the price of almost everything that they touch. It's also happening when there are news that either bad or good, they changes the market price sometimes eventually, sometimes in an instant depending on the content of that news. Usually, if it's bad then the market suffers because of the FUD that it's reporting.
The power of money owned by whales is of course able to move prices according to their wishes, and even whatever their movements are, they always cause a big sway in the Bitcoin market today, when whales start to enter the market to buy, of course it will make prices jump quite a bit high, and vice versa when the whales start taking profits, of course, the bitcoin price will experience a downward correction because of the massive sales they make.
I can only speak for Bitcoin and ETH which is decentralized based.
Ethereum is not totally decentralized, almost all the altcoins are not decentralized, ethereum is controlled by the developers, I am not talking about its price but about new implementations, they are not controlled by the ethereum community but by the developers behind ethereum, it is what the developers says that the community will follow. 
There is no face to place on the market, thats a human reaction to want to humanise things just like people want to believe animals feel as humans do and thats far more arguable then a price trend which forms a uniform movement or consensus not a singular entity with a mood. Markets move as a natural wave but its not a person more a chain of reactions rather then just one. Bots do operate on markets but they are micro time frame trading a form of arbitrage, algo trading doesnt create prices the capital 'invested' still has to be placed by a person in its origins.
As others have said, supply and demand. The investors and the traders are the main players, and it's really up to the demand that they show, (probably based on general market movement + some general trend/news out there). There isn't really any "who" on the famous coins such as Bitcoin since there's a LOT of traders that trade them, literally everyone on the market can be the "who" part of your question. Plus, it can change a lot in a few mere minutes or seconds due to the existence of bots and stuff like that.
It is the us, the crowd, the market that decides for the demand and price of it. But you know what, the whales have bigger contribution and power to move the price of almost everything that they touch. It's also happening when there are news that either bad or good, they changes the market price sometimes eventually, sometimes in an instant depending on the content of that news. Usually, if it's bad then the market suffers because of the FUD that it's reporting.
The investors make this changes for every seconds. When the pump market begins, the investors became a buyers. So the market further move towards the green. In a particular time interval, the price reaches a new maximum value. Then attained the maximum value, the investors became a sellers now. The price now move towards the downtrends. Then it started to decrease and all started to sell their holding.
It is the us, the crowd, the market that decides for the demand and price of it. But you know what, the whales have bigger contribution and power to move the price of almost everything that they touch. It's also happening when there are news that either bad or good, they changes the market price sometimes eventually, sometimes in an instant depending on the content of that news. Usually, if it's bad then the market suffers because of the FUD that it's reporting.
who decides btc,eth,doge, etc......
pricewho is control
who decides btc,eth,doge, etc......
pricewho is control
If it makes you feel better, you can blame me for that. Come on, speak out, dont keep it inside. It is ok to cry.
who decides btc,eth,doge, etc......
pricewho is control
As long there would be volatility then this is where people do really love the most and this is what make things interesting and speaking about manipulative
acts then we couldnt really avoid on thinking that because this had been always the most common impression whenever there are random movements that
do happen in the market which is totally a very common one.
For BTC and ETH, it's the retail investors that do constantly changes it because they are the majority. And then we have the whales who are then the market shakers. Just look at the sheer amount of volumes, it's a 24x7x365, that's why the price is really volatile because globally is is not stop being traded.. For others like Doge or some meme coins, could be pump and dump groups setting traps for noobs who thinks that it is the best and easiest way to earn money, but it's not.
If you see a big pump it would be whales since they're the main reason why market always swing after the fluctuation.. And of course normal traders and bunch of investors as well that buying and keep adding at the dip especially on this current situation reason market volume and some data changed every second.. Indeed without them to be honest probably market will not become so volatile.. So to make the story short its all because of thus who have big contribution in the market so stop wondering mate.
The market decides. Since bitcoin and ethereum are highly traded assets, literally every second people worldwide are buying and selling these coins in the market; and sometimes if a lot more bitcoin are being sold than being bought, the price drops, and vice versa. It's literally the same way how stocks are priced as well.
For more information: https://www.investopedia.com/terms/o/order-book.asp
For more information: https://www.investopedia.com/terms/o/order-book.asp
Yes, and I can also only say that prices in markets like Bitcoin and Ethereum are 100% due to the laws of supply and demand or buying and selling, and changes in supply and demand are driven by various narratives such as news, and apart from that they and they are individuals, institutions, etc.
and for dogecoin, as happened before because of Elon musk.
and for dogecoin, as happened before because of Elon musk.
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I can only speak for Bitcoin and ETH which is decentralized based.
The price of there market is determined by the level of demand and supply. In another word, the price someone voluntarily pays or sells each coin.
For coin like Doge, it's the price is determined by Elon Musk tweet
I think this topic is not in the right section.
The price of there market is determined by the level of demand and supply. In another word, the price someone voluntarily pays or sells each coin.
For coin like Doge, it's the price is determined by Elon Musk tweet
I think this topic is not in the right section.
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