The price of Bitcoin is defined by demand and suplly.
If we deeply analyze Bitcoin value since its appearance we will notice that the value rises when more people buy bitcoin and as we all know the number of available bitcoins is not enough sufficient which make its price so high.
Another affective factor is rumors and what known people proclaim about bitcoin. If someone well known says that Bitcoin is a fraud, the value will be significantly affected.
Topic: Why bitcoin rising up and down? (Read 955 times)
It is still in its early phase and just like any other currency, it is volatile. I guess that better explains it. Every currency have this pattern and with bitcoin increasing in value everyday, there is always bound to be some little corrections which helps to show a healthy system.
That's the common growth pattern that bitcoin has been experiencing from the beginning. If you look at the price chart the growth always happens with some price moves happening forward and backwards. Each and every time the end result will be reaching a value bigger than the one around which it is fluctuating for a longer time period.
Because the price is depending on the trust of investors. More investors , more money will equal with high price. Losing investing money and investors are leading to the low price.
good job, your knowledge well be appreciate, that is the reason to rising up and down.
Most exchanges charge maker or taker fees (depending on order book liquidity at the time of transaction and the time it takes to fulfill the transaction) of between 0.2% and 0.5% for bitcoin trades.Given bitcoin’s skyrocketing prices, that is a far more profitable transaction for users as compared to paying $21.50 in transaction fees to buy a $4 cup of coffee using bitcoin.
Why bitcoin rising up and down?
can any person tell.
it's because of supply and demand if many people have more interest in bitcoin the value price of the bitcoin currency will affected too and i think the price also set by a seller and a buyer. can any person tell.
Info like this is useful for beginners like me .. so by reading this thread a lot of answers that ad in my mind.
the bitcoin price movement is volatile, depending on demand and supply in the market. besides the fundamental issues related to bitcoin legality also affect.
It's already part of the industry. Like any other players in the market, they normally depend on the supply and demand which is the basic factor why the value of a certain player consistently change.
supply and demand...basic concept of economics
low supply and high demand = high price
high supply and low demand = low price
To sum up, the whole concept of supply and demand.
Why bitcoin rising up and down?
can any person tell.
can any person tell.
supply and demand...basic concept of economics
low supply and high demand = high price
high supply and low demand = low price
To sum up, the whole concept of supply and demand.
Haha, I like your demand and supply answer to this question
It's already part of the industry. Like any other players in the market, they normally depend on the supply and demand which is the basic factor why the value of a certain player consistently change.
supply and demand...basic concept of economics
low supply and high demand = high price
high supply and low demand = low price
To sum up, the whole concept of the law of supply and demand. Also, there are outside factors that affect the value of Bitcoin, such as; News (Fake or Real), Public announcement, Government bans, and etc. That causes or contributes to the volatility of Bitcoin.
Why bitcoin rising up and down?
can any person tell.
can any person tell.
supply and demand...basic concept of economics
low supply and high demand = high price
high supply and low demand = low price
To sum up, the whole concept of the law of supply and demand. Also, there are outside factors that affect the value of Bitcoin, such as; News (Fake or Real), Public announcement, Government bans, and etc. That causes or contributes to the volatility of Bitcoin.
sometimes, demand and supply cause it but news also affect the up and down of bitcon
What is Heisenberg's Uncertainty Principle
https://en.wikipedia.org/wiki/Uncertainty_principle
Why bitcoin rising up and down?
can any person tell.
[/quote
I think its because of the supply and demand why it is goes up nd down. Many people are getting interested with bitcoin because its value or price are getting high each day so that many nvestors are really interested.
can any person tell.
[/quote
I think its because of the supply and demand why it is goes up nd down. Many people are getting interested with bitcoin because its value or price are getting high each day so that many nvestors are really interested.
because bitcoin is one of the coins used in the digital world, where people will buy coins with our world's money and maybe that's where bitcoin sales happen, where as many people buy bitcoin where bitcoin will go up and where bitcoin sells it will go down.
It was rapidly grow because of the users and demand who invest on bitcoin so that it increasing more and more.And its the supply and demand really affected the price of bitcoin,going down or going up .
its all about supply and demand
all about the demand, its xmas season so more people gana buy, so more people are going to jump over to bitcoin for ease of purchase and the fact that it grows in price making their money worth more.
Why bitcoin rising up and down?
can any person tell.
can any person tell.
supply and demand...basic concept of economics
low supply and high demand = high price
high supply and low demand = low price
Bitcoin rises up and down due to some reasons like,there are more bitcoiner people in the world thats why bitcoin rises up and bitcoin going down because other people don't know the importance of bitcoin.
Its because of the supply and demand of investors and users of bitcoin the reason why the price of bitcoin rising up and going down.Bitcoin now is more popular than before it rapidly growing now because many people interested on it.
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