Bitcoin Forum

Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?

the only thing that makes it is the price that someone is willing to buy from someone who is willing to sell. that's it.

those deals are made on exchanges as they facilitate the quickest moves and in theory guarantee the transactions.

Law of suppply and demand. People who need BTC or people who thinks that BTC is more valuable that the current price, buy. People that has BTC and need fiat or thinks that BTC is not that valuable, sell.  ;)

First person who bought bitcoins from Satoshi himself is the founding father of bitcoin price, or the first people who accepted bitcoins as something of value. and the rest you should've learned in school dude, economy classes much?

its the community using it the more users using it the higher the price will increase if the demand of users increase price will definitely go up, wayback in 2010 when bitcoin is not so popular the price is around 0.08 usd compared today its 1000 usd its because many users around the world accepting virtual currency as a means of sending and receiving money fast and secure just like in our country.

it's simple and pretty much the same as any product, supply and demand. If the product is unwanted the price will probably go down, if the product is highly chased after the price will jump.

i think its depend on the buyer and the seller in the market, how much the price they want to buy and sell bitcoin, after that the price is listed on the market. usually they make an order book in some range to buy or sell bitcoin so this list of order book will queue in the market and if there is an instant order then the list in the first place will be sold.

because bitcoin offers interesting features and someone saw bitcoin was worth and deserve to be given a value, the more people who are interested then will increasing demand bitcoin it makes the price even strengthened. it's my opinion

At the early journey of bitcoin there is no interest in using it. but some people was realizing about the potentially of the bitcoin and try to use it. and the bitcoin already spread around the world. basically, the usefulness of bitcoin was offering a value for the bitcoin itself.

It's a mix of factors but the predominant one is "demand and supply" from fundamental economics. You can talk about the mining fees, governmental decisions,FUD, hype, etc. but they all go one way or the other to influence either the demand or supply of Bitcoin which in tend leads to the adjustments in Bitcoin prices.

bitcoin is nothing people have control price, never one person can get control bitcoin price
1 only suply demand
2 cooperation or bitcoin user community
3 some time exchanger can manipulate bitcoin price

It is same question like who make price of gold/silver etc. Bitcoin is one of the actively trading assets on world trading market so price keep fluctuating according to demand and supply of bitcoin.

this is a pretty basic economical question, and it goes for anything else. for example you may as well ask who makes the price of a pair of shoes, other currencies such as USD/EUR,....

it is all about "Supply and Demand". check out investopedia.com for these basic knowledge and you can learn lots of good things there. just google "Supply and Demand" and you will find it.

I think it depends on the needs of buyers , sellers , market and the stability of the world economy

It's basically due to the demand and supply of bitcoins, these causes the fluctuations in the price and it has a little to go with the difficulty and miners. External influences like government and stakeholders decisions also causes some major influences in determining the price of Bitcoin.

they say supply and demand, but for me there is a very high manipulation going on, how we can tell that the exchange with their 200k coins sitting in theri address are not manipulating the market between one trade and another one? all exchange are manipulated for me, bitcoin should adopt decentralized exchange, so no one can hold a big amount of coins

If he dont know about economics then he might be absent on that time when teacher taught about the law of supply and demand. 8)

Well, to summarize every argument, it is supply and demand that dictates the price of bitcoins. That is generally what it is and no work around on how it can be justified. Bitcoin is not backed up by any gold or country hence you can't do any fundamental analysis on it. As long as there are people who would want to pay for the price, then the price is set.

Bitcoin price is determine by the quantity of bitcoin that was supplied at a particular time and amounts of quantity that was demanded at the same particular time. Another thing that determines bitcoin price is traders that are trading based on technical and fundamental issue that take trading decision based on those issues. 

We are the one who makes the price of Bitcoin. If we use Bitcoin more recent, the prices will go up and there will be many positive results. On contrast, if we decide to ignore Bitcoin and only hold it as a type of investment, Bitcoin will slowly be destroyed. And as you can see, China is also one of the main influence to the Bitcoin price. Therefore, we must respect what they are doing or they will knock down the whole Bitcoin system

Price is not determined by any single person or community. It is determined by general trends. By general trend I mean, forces of market i.e. demand and supply. Suppose, 50 people are interested to buy Bitcoin yesterday and pay $1000 for one bitcoin. Now, 100 people wanna buy it today but supply of Bitcoin is limited. In this case, people will be willing to pay more than $1000 so they can grab Bitcoin rather than others. As a result, price will shoot up. So price increases when demand increases and vice-versa. More in image below-

https://encrypted-tbn1.gstatic.com/images?q=tbn:ANd9GcTJp_uZz9dVrOOr3uD02m83IZcFa21bMLA2FIZe0UUHu3TnfhHBdA
Just replace word 'Firm' to 'Individuals'

This definitely means people  make the price of Bitcoin, it is the aggrement between those who sells and those who buy.  We do not need to dig deeply on this because without this two factor there will never be a price of any items.  The problem with people is that they try to complicate things when a simple word  can explain it.

Mostly supply and demand. It's worth what people are willing to pay for it. Its price is rising because people have confidence in it. You can see this during the past scares with the Chinese government calling for meetings with the exchanges. You see some decrease in price as some people sell away their coins because they're EXPECTING that others will sell and the price will drop. This of course present opportunities (maybe you'd like to get into bitcoin, buy when it's low) as well as risks (you just deposited a large part of your savings as bitcoin and then you see the price drop).

People with more bitcoins and knowledge would obviously ride on the waves but for bottom-dwellers like my self, the safest strategy is to still buy and hold. Of course it's possible that bitcoin would suffer a crash from which it will not recover so just be prudent and only invest money you can afford to lose. If you just skipped lattes, deposited it and then lost the money, you probably wouldn't feel so bad as if you moved all your saving from the bank to your bitcoin wallet.

Bitcoin is decentralized currency, that means that no one country can control it and spread it's politic. We are, bitcoin users, who control bitcoin, demand for it and it's price. And here the simple principle works - more bitcoin buyings - higher price and opposite.
But this is just in a short word about bitcoin and who controls it. I think you have to read more information about bitcoin for beginners, where bitcoin explained simply.

I agree with you. People buying more bitcoins and the increase in users of the bitcoin more it will help to raise its price. The good news is that the bitcoin users are increasing every day and people are still interested in converting their savings and their assets into bit-coins. They believe that the bit-coin prices will keep increasing and they will be able to earn well.

Supply and demand always contribute to the movement of price, so basicly Bitcoin users can influence the price. Also the conditions on the market, whales, potential and exusting regulation, hacker attacks on exchangers, Chinese, many different thing. But in different periods Bitcoin price differently responds to those factors.

The same as any other market, the price is based on what the free market deems it is worth. This is based on almost countless factors, and can change fluidly based on external forces. Basically though, the price is what someone is willing to pay you for it. The same as anything else.

It is us the user of bitcoin, we are the one who give the price of it.
The more you buy coin the larger the chance of high amount of it.
If you are familiar with the supply and demand, then you will know it. Its economic like status.

Bitcoin price controlled by community(suply and demand), big holder, and also big miner. Big miner has possibility to dump bitcoin price

bitcoin prices formed by the needs of users bitcoin. at first bitcoin only be distributed after passing a considerable investment, and also pretty big sacrifice. then, once distributed, bitcoin has a price, although the price can be said to be very cheap. up till now.

Demand, supply and popularity of bitcoin

Value is not based on the bitcoin distribution. Bitcoin price depend on supply and demand in the world market, adoption rate of blockchain technology and reduction of mining blocks. These three factors are bumping the bitcoin value up.
After halving mining process in reduce in half of the amount. From that time to now. price is continuously been increase in the chart.

It's depend on the demand if the demand increase, of course the price would rise. of course the first price regulated by the exchange/markets.

i think supply and demand can  be the main reason for increasing and decreasing the price of bitcoin. if people are adopting bitcoin and the demand is increasing then the supply will decrease and so the price of bitcoin will increase also.

Actually there are a lot of catalysts based on which the bitcoin price is decided. There is no single factor. The main and major factor is obviously the market cap of bitcoin and the demand. Robust demand and increasing market cap also increases the price of bitcoin. On the other hand, if traders around the world starts selling their bitcoin to book their profit, the price will go down even if the market cap remains almost same.

So basically there are numbers of factors based on which the price goes up or down. But it follows the basic market rule of demand supply chain. If demand is more and supply is less, price will go up. If demand is less and supply is more, the price will go down, as simple as that!

The price of the bitcoin depends on the Traders and the users itself. If a lot of users buy bitcoins. The implication will be, there will be a high demand in bitcoins and low in supply. Hence, will make the price higher. On the other side, if many users sell their bitcoins. The supply will increase and the price will decrease.

you are right about it, everything depends only on the people and as more and more people get into bitcoin the demand grows, that's why we reached the new all time high not a long time ago. Besides that though the price of the bitcoin can be changed by the whales it is just a temporary change, it can make some people make decent money.

we everyone on our own, cannot have a big impact usually because we don't have enough bitcoins in order to make a difference though when a lot of people sell/buy at the same time, there is a huge impact.

Well it is the people who are willing to buy Bitcoin and the people who are willing to sell theirs.  Simply supply and demand with the influence of news and manipulators.  We cannot say that the market purely rely on the supply and demand.  There are always people who want to try and manipulat the market.  These people can make irregularites on the price of BTC but eventually it will come to a correction. 

We are responsible for what price bitcoin is pegged at, by directly influencing the supply and demand chain. So for example if bitcoin etf isn't approved we are not to dump our coins but pump or hold to push for better prices to avoid killing the demand that exists and keeps growing everyday .Let's remember that for every action there is an equal and opposite reaction.

perhaps because bitcoin is different from others so that some people think that bitcoin eligible to be purchased. then it goes and creates the bitcoin prices as growing demand

The demand, and with more adoption of bitcoin with the limit supply of bitcoin. that's making the bitcoin is rarely to find and the price of bitcoin will increase. and i think the general key to make the price of bitcoin is the demand for the bitcoin to use the bitcoin.

Generally bitcoin prices are driven by the supply and demand of the users of it. Bitcoin are not based on or relies only anything like fiat which relies on gold for it's value. Bitcoin is also not regulated, hence no single person or entity makes decisions for it and because of that the prices are not influenced.

The price of Bitcoin, like the price of anything else, is based almost purely on how much somebody is willing to give for it. This changes based on specific situations but ultimately that is what the price comes down to.

the more users, the more people who want to earn bitcoin. by the number of bitcoin that always stays this course will make bitcoin prices continue to rise. which makes the price is certainly demand it

For you able to know about how bitcoin make the price high this is depends on mass adaption of the community. If the demand is continuously increase and the users also getting higher there is a possibility that the value of bitcoin will increase.

Bitcoin value is the value which the people of bitcoin community are ready to pay for it.It increases or decreases in proportion to increase and decrease in demand for bitcoin.When first satoshi nakamoto created bitcoin,i heard first a bitcoin was sold in return for a pizza.From then, based on thr trust people kept in bitcoin, it price has increased from time to time and now it has reached around $1200.

It is the free market.So the price is determined by the market.
The short term price may be control by some whale, but the long term price only depends on the market.

It is true that the only thing that dictates the price of bitcoin is the movement of the market. The market flows reflects the will of the people who buy and sell bitcoins. The market price is not just a display but it is the manifestation of the support and love of people towards bitcoin. In the end the responsible for the price of bitcoin are the people behind it. Without people supporting bitcoin it will have no value.

When question goes on who..??.Then the answer is indicated those people who are engaged in the Bitcoin.according to the general economic theory, if demand will increase then price will also goes up. Demandable things must carry  precious things so Bitcoin also considered as a demandable things.

We are the ones that make the price, if you want to buy and then someone decides to sell and both of you agreed on a price then you have participated on the act of creating the price of bitcoin for each one of us.

Isn't it the whales? Then sheeps followed to get slaughtered?  Definitely people are the one who set up the price of Bitcoin since they are the one who demands and sells it.  But among these people, there are a few who have a huge stash and funds that  has the capability to control the price of BTC.  they have the power and influence to move the market.  If we observe how it works, even a small news can cause a crash if these people ride on it and create a crashing scenario.

Satoshi Nakamoto created bitcoin and the people all over the world who supports bitcoin build the price of it. Because the bitcoin has only 22million stocks so as long as people buy bitcoin the price of it is pumping because that is based on the supply and demand law when you lessen the supply the price will pump just like other minerals. So people build the price of it.

Totally agree with that sir, Because in the beginning the price of bitcoin is bellow 1USD only so by the help of the people by the support of them the price of the bitcoin is increasing every year each user that being added to the total population of the bitcoin is big impact to it's price so every bitcoin holders that buy bitcoin is the first year is so lucky because they have the biggest earning from stone to gold. So the people are holding the price of the bitcoin.

The price of bitcoin is depending to the people's demand in the market, If a lot of people is demanding to buy a bitcoin for their price rate then the supply will be lessen and the price will go up while if the people is demanding to sell their bitcoin for their price rate then the supply will increase and the price will go down. That is how price of the bitcoin works by basing on the law of demand and supply.

Bitcoin was first created by satoshi nakomoto as a digital currency.At first,10,000 bitcoins were sent to buy just pizza.Then people began to build their trust in bitcoin and they started buying it.Slowly,bitcoin price began to grow.In Jan 2012,its price was around $12.Bitcoin's price continued to increase in proportion to increase in demand.Now,its price has reached around $1300.Therei is no central authority to fix the value for bitcoin.Its completely decentralized.Just like Gold,a piece of yellow metal is valued based on the amount people are ready to pay for it,same is the condition with bitcoin.

That's right, The bitcoin is having a limited supply. So, there is no more bitcoin in the future. With some bitcoin already lose caused by those are forgetting the wallet password and the supply of bitcoin will be less in the future. in will never touch 21 million. It less than 21 million right now.

Most users described the same, supply to demand ratio make the price of bitcoin. The reason is that we have limited number of coins to be generated and if there​is no limitation then it could have gone as a failed experiment. So increasing adoption creates an increase in demand and this causes the price increase when circulation within the network increases.

miners and traders will be the cause of price of bitcoin.

The price of the bitcoin is depend on the people who are buying and selling the bitcoin and with the investors of it because if many people dump they're bitcoin the price will be dumped too but if many people buy bitcoins the price will be pumped so It is depend on the people who are using bitcoins.

Like all other cryptocurrencies, the price of bitcoin is determined mainly by supply and demand.

IF there is alot of demand then the price will be driven up but if there is little demand then the price will fall.

Government regulations and the media also have an input in the price, the media has enough power to drive the price of bitcoin up or down by spreading whatever news they want to, which in turn affects the demand. The price of bitcoin can also be manipulated by a small group of people regardless of the general demand, if they have enough capital, they can pump the coin and then sell it back once the price reaches where they can make a handsome profit.

I do not know who made the bitcoin price

I hope so that makes the bitcoin price always raise it.

I agree. I want to add another fact that the number of bitcoins is limited. And therefore, if a new user is added to the bitcoin community, that the price goes up. Every time the demand rises, the price increases

What make the price of Bitcoin how much people are willing to pay for it. If someone dump half of the bitcoins, if people buy it way back to 1200$, even if there was a dump, people will still pull it back to 1200$. You can understand that actually one bitcoin is worth 1200$.

Bitcoin price is calculated in the same way stock is determined. There is supply and demand, so whatever one is willing to buy it for and whatever one is willing to sell it for is brought to that exact “exchange”. All those exchanges' data is being monitored and then brought to one database and the average of all is the price.

From the economic point of view the main driver for its price/value is the Supply and Demand of Bitcoin, its simple as that. We all know that Bitcoin is a limited currency therefore it has a limited supply in which the people's demand is what really makes it volatile due to the ever changing demand of Bitcoin, it has yet to find a stable price for it. Also the demand can be affected by a lot of factors such as Whales shorting Bitcoin, News about its legality, and bad news in general.

Bitcoin prices depends on the its supply and demand of the masses. Like other currencies such as our money, bitcoin must be circulated it must be spend and must be invested in order for it to live longer. When bitcoin will increase its number of users worldwide , we expect that bitcoin value will increases and lot because of the demand and the supply of the masses

You can't just say that demand/supply makes prices. But the value added to Bitcoin as people see it something valuable adds to prices. Suppose a person demand it at $1200 which doesn't mean that Bitcoin is $1200 because people demand it at $1200 but it is $1200 because people recognise its value to be that overtime. Why don't one demand a matchbox for $1200? Simply, there is no trust addon to its value overtime.

My opinion here is that the investors including us makes the price of bitcoins change from time to time .Definitely the volatiloty of the price was depending on us and the acceptance of bitcoins in the market.

It depends on trades and exchanges being made across he world. It is very simple with this example, consider a stone which has no value at all. But someday a person approaches and shapes that stone into artefact which is now having little value. Now, he puts it into store for "sell" and it is being seen by many people. It is sold in exchange with xyz price. Now that stone with no value has price of xyz. So, this is how bitcoin works only the thing is it works lightening fast and people buying it are in millions number. So it increase its value a lot more than our story stone.

it's depending on the progress in the market so all the price of bitcoin came from market if the flow of the economy of market the price of bitcoin will pump but when the market is not good bitcoin price will dump that's and one of opinion i think bitcoin price is also depending on its users i mean if there's a lot of new user or investors bitcoin price will pump too.

exactly once. bitcoin's getting grows as more and more demand and so are prices high enough bitcoin. The main thing that caused the higher price is because of the many requests. without a request that many would likely little will get high prices. Therefore from now on we should be able to use the bitcoin for things that are more useful and also disseminate the use of the bitcoin to everyone so that the higher price and make a profit for us
 

Which is definitely the person who makes the bitcoin price very clever in calculating

You are right and this is why it is very important after a big news to watch the behavior of bitcoin and take advantage of any  movement that bitcoin presents at the moment.

It is best for those traders who got average amount of money to focus on that, put a lot of attention to the rumors even it is not confirmed yet because that will be the key for you to earn a lot of money because sometimes whales do that and they buy in from the rumors (if it is a good rumors) and sell out from the news, that is how they work and manipulate and generate profit without being notice.

Bitcoin's price does not come out or made by anything, it is just affected by something or someone big. It clearly depends on the liquidity on the market, the more user buy it, the more the price increases. The more user, the more demand increases, the more the price rise. Dont think that it was made by someone, it was affected by the actions of someone.

The price of bitcoin not made by someone but made out of the market system on laws of supply and demand, just like if we compare it with the fiat currency economy. In a business there is supply and demand which bitcoin also has of it's financial system stability on fluctuations due to demand always competes with supply, sometimes demand will win over supply that's why the price of bitcoin will have a higher impact on price value and you will see the price soars higher. When supply will be rising up again with btc there you can see btc price lowers down, because of the bigger dump in the market many will sell their bitcoin.

The inventor definitely made reasons for bitcoin to have some value. Now if we talk about how it gained its current price then it is a different topic. In this case we can say it that now the same demand and supply law determines its price just like the other things around. There are also various other reasons that makes differences in the prices.

The market make or decide the price of bitcoin. It's decided based on the supply and demand of bitcoin itself. More demand and the price will increase, less demand and it will decrease. Goverment regulation is another factor that can influence the price. New regulation about bitcoin in the country where  there are a lot of bitcoin user can drive the price up or down.

Mainly the price of bitcoin is determined by supply and demand like others say but it really is not the only one that makes the price of bitcoin go up or down. Besides supply and demand, Bitcoin's price sometimes is determined by news that makes supply and demand change to go up or down. Also, price sometimes is determined by manipulators trying to manipulate it but I really don't see that much manipulation now compared to Chinese manipulation in the past.

If I agree to your point, that there will be now more bitcoin in the future to distribute. I am afraid then people may lose interest on bitcoins. The bitcoin may lose its popularity among the people. Or maybe people find a much better alternate than the BTC. There is a possibility of the economics law works more better there where people find more interesting things than that.

The price depends on the activity of users. The more users begin to make transactions, the higher the price, and vice versa.

As the demand increases the price increases. As the demand decreases the price decreases. The relation between the demand and price is in direct proprtion.

As supply increases the price decreases. As supply decreases the price increases. The relation between the supply and price is in indirect proportion.

These are the main things that influence the price of any currency and products. So we can say that the more Bitcoin users we have the higher the price of Bitcoin is with a proper supply. These are the basic things in Economics.

If people dump half of the coin, the miners gain. The price is this way also because of the hardware infrastructure, technology, safety, and the perspective and project, hash difficulty. It is also backed by stores, credit cards, Fiat etc.

i think btc handing over make her price increase or decrease. someone buy it and someone sell.

Bitcoin's price is being affected by the means of supply and demand. Its holders adn buyers are people which makes its value higher or lower. Thus, if a rich group of millionaire's decided to invest in bitcoin, it can affet positively yet if some decided to sell their bitcoin, it could affect bitcoin negatively.

The price of the bitcoin and other cryptocurrency is depends in the people who are supporting it and the in the investors. There's a law that supporting the fluctuation of the bitcoin the supply and demand law if many there's supply many supply the the price will go down same with the demand and there's a small supply then the price will go up same with the demand.

The market of bitcoin defends on the investor , the price of bitcoin is not stable because of investor that use this as investment. The price of bitcoin increase when investor buy a bitcoin and it dump when investor sell the bitcoin. The supplies and demands came from the investor also.

Country who used this is a big helper for the economy of bitcoin, this is the big investor of bitcoin market and it is the reason why the user are excited in the price of bitcoin.

The price is based on supply and demand. The price keeps rising now because demand is high. As soon as demand drops, the price will drop.

People makes the changes of the bitcoin price as you can see people is the reason behind the demand and the keeping up of volume of the bitcoin. if they stocking and continue buying coins then hold for long time this is the time that bitcoin will be pumped.

Yes, all crypto-currencies develop or collapse because of user activity. Bitcoin for a few years showed himself very well and won the confidence of many.

Bitcoin is priced by the dynamic between supply and demand. supply would be the people who would sell bitcoin and a certain price and demand the people who buy. if the number of people who want to sell are higher than the number of people who want to buy, the price will drop and vice versa. There are many factors that affect supply and demand, too many to count actually.

The hope that the price rises further in the future also makes bitcoin's price go up and up. More people are seeing the potential for huge profit in bitcoin investment so the investors are steadily increasing on a daily basis. And we can't blame them for jumping on the bitcoin bandwagon because this recent rise has been nothing short of phenomenal.

Yes I agree with you buddy, It all depends upon the supply and demand. If supply is less and demand is more, definitely its price will rise. In the case of bitcoins also its the same. People are ready to buy bitcoins for any price. They just need bitcoins and price doesnt matter for them and some sell their bitcoins thinking its not worth or its price wont rise further. Bitcoin's price is not fixed by any external bodies . Its price is determined by people itself , I mean by people who buy and sell.

People who uses bitcoin around the wolrd why the bitcoin price becoming more useful and more expensive nowadays as you can see the bitcoin price rapidly and guaranteed the profit of holders of demand the demand of coins are become increase and increase till it hit to total price of coins into $1700 per bitcoin.

It is who make the price of Bitcoin. The users make the price of the Bitcoin. With less Bitcoin users then the price would tend to be low then like now that the users have increased significantly then so as the price. And the price would continue to soar up high and postively reach $2000 this year.

People bring demand for bitcoins and hence bitcoin finds more value. I guess this is what actually happening everywhere and bitcoin is also satisfying all the basics of economics. But the limited total supply and halving on every ~4 years are extra features of bitcoin ecosystem to boost price levels more rapidly.

I think all of the user is contributing on the price of bitcoin,
The stock and demand as we all know the more user who would invest in it the higher the price would be,
So it is basically us ,who are using it who are making the price fluctuate.

The rise of bitcoin prices depends on the upcoming news for our community. That means the news and rumour can push someone is fear os missing with bitcoin.

Crypto is on the early season. More investors will come to take an advantage from the cryptocurrency itself.

The volume of bitcoin will be less any time. And it makes bitcoin's price will get bullish every time.

The latest chart of bitcoin has told us a lot.

The price of bitcoin is determined by supply and demand of the market. bitcoin is a decentralized currency so there is no central organization that determines its price.

I do agree. The price of Bitcoin adjust in terms of demand and supply so that means that the demand in Bitcoin is increasing because the price is rising and vice versa whil on the other hand the supply is limited unlike in centralized coins which you can release a particular amount so that the price would be stable as the demand increases likethe fiat system that we have.

This is just depends upon the demand Only , As you know that no one can sell at more cheap rate as well as no one can buy at high rate then the average Current rate , so here almost price remain maintained but if the price of the bitcoin get rise speedly then be sure that the demand is rapidly is going increasing that is leading into the increase in the price but if the price going down then Ofcourse the demand is going down and everyone selling his bitcoin in the market  and that results into down of the price due to bulk sell .

There is no central group, but there is different groups and big whales that can inflict on demand and supply and with that they can't move the price in way they desire. Also we all noticed that bitcoin price at the moments can be very vulnerable on bad news, people in panic are doing crazy things. Bitcoin price mainly depends from us users, and who knows how to deal with community will know how to predict movement of the bitcoin.

What drives the price is demand, I read a tweets today that there are 15 million millionaires in US, that means not all millionaires will have access to one BTC, So the demand is going to continue to grow has more market is been penetrated

I agree with the price is very vulnerable on bad news. But I think the general public is already matured enough not to panic if there is a price swing. You just have to remember that we have a country that backing up bitcoin now, unlike before. Japan is going crazy on bitcoin, ATH also is experienced in term of volume trading per 24 hours. Currently, the demand of bitcoin is very high but will limited supply only, the price is skyrocketing, Everyday, its like new investors or even casual traders want to get a hold of bitcoin for whatever purpose they may have. So its really hard to manipulate the price of bitcoin now, not like before that the Chinese market has a foothold of bitcoin ecosystem. Now, its different, Japan and other countries are really into bitcoin and what a piece of the pie.

Yes it is very true these are the people adoption making changes to the price of the Bitcoin.

There are different interests of different people while following and adopting any new trend but one of them remains the common and here in the BTC the common reason for people adopting it is everyone wants to earn more fiats from the BTC.

I agree, and the one who create supply and demand are traders.  In short, investors and traders are the people who make the bitcoin price either increase or decrease.  Aside from that, the hype and FUD also affect bitcoin price.  Who ever weigh more between this FUD and HYPE will definitely markets movement.

The only issue I see with the supply/demand argument is that news about Bitcoin, good and bad, dramatically affects the market way beyond what it should be, realistically speaking. Every single piece of news seems to be treated like a major market mover, and it skews the demand for Bitcoin up or down, depending on the news of the day.

It is so simple, because the demand of the bitcoin is increasing therefore; the prices of the Bitcoin are increasing. The world is now getting aware of the truth that the BTC is the need of new world technology and the benefits it carries nothing else have it. So the people and the countries are now getting towards it to adopt.

Yes, the people who uses bitcoin on its daily basis is the one who makes the price of bitcoin in terms of changes and development. Because the price of bitcoin always depends on the support of the community where the more support the community gives the more development on its price will happen. In a simple way it always follow the principle off law of price and demand. It simply rely its price to the movement of stock of bitcoin in the market and how people used bitcoin on the daily basis.

The system itself has been made to get value over time, due to mining, since reward is always being reduced, besides those we people that own and trade bitcoins, and some news really affectt the market, improvements/ upgrades usually are welcome.

The price of bitcoin depends upon the people who invest in this cryptocurrency. People who mined, trade, and using of bitcoins are the one who make the value of it. The price will increase if there is a great demand in the supply.

The price is made by players possessing a large amount of bitcoins, they buy both good and bad news, thereby playing on the nerves of newcomers and accordingly buy and sell on races

Blockchain technology is believed to have the potential of exploding the internet equivalent in its early years. Bitcoin is just the most familiar application in Blockchain technology. Blockchain technology can be used in all areas from healthcare, education, manufacturing, and so on. Blockchain is encrypted ensuring that programs running on the chain will continue to operate as intended.

The price would be movable in every seconds like heart bit, it's because of automatic calculated from digital data from Block Chain Market and operated by people member of Virtual digital Currency group But not monopolized it. It is automatic calculation depending on the volume of  investor who gonna make an investment in every seconds and they gonna be in and out.

Prices of all currencies fluctuate not only in bitcoin. The market is where the vast majority of operators are located. Its price increase or decrease is due to investors more or less business, no one identified.

the price movement of bitcoin will be determined from several factors that if the volume of demand for bitcoin is increasing, of course this will impact on the level of bitcoin price movement that will continue to rise. and vice versa if the demand for bitcoin decreases that means it will cause the bitcoin price to decrease. both of which can determine the bitcoin price and the current bitcoin price is very volatile.

No one is responsible for the price of bitcoin.It's purely based on the demand.Consider the price of bitcoin is 11,500$ ,then it's raised to 14000$ in a day.Then all the holders will sell the bitcoin by this pump.So automatically the price of bitcoin is start to fluctuate.
If more people buy or invest in bitcoin,price of bitcoin will automatically increase.

maybe making the price of bitcoin is investors and users when lots of investors bitcoin will definitely increase its price not only sure if the investors really are controlling the price because of my wet news about bitcoin investors really is the number 1 that Well, maybe there are other reasons and not just the investors doing the bit price

For me based on my opinion, investors will be the price maker of bitcoin because the price of bitcooin was depend on the investments. If there are low investments possible that bitcoin price will decrease but if there are high investments possible that there are also an increase with the price of bitcoin. Note: it is only based on my ideal thinking.

Demands and usage. You may not believe it but the world is really that big that you thought it cannot happen.
I have that same doubt too asking myself how did it happen to get a price like this when in my own country there is not much people who supports it or want to buy it.
I guess in some country it might be in regulation but they are still willing to buy. And of course there are these whales that they call.

It is true that the advantages and advantages make bitcoin more attractive than other businesses, so many enthusiasts are investing their money in bitcoin so the value of bitcoin is increasing. The core value of bitcoin depends on the demand.

I believe so.It's more on supply and demand.The price has all the chances to increase when people do buy and invest in bitcoin.On the contrary,prices will really dump when those people after a long hold decided to sell their coins and thus decreases the demand.Particularly those who made panic selling will just contribute only to a more dump in price.

I am also a new member of this forum but I often read articles about bitcoin explanation because I want to know more about this digital currency. if you see your question as to who made the bitcoin price? I think what makes bitcoin valuable is the community (bitcoin users) who believe bitcoin has value, because Bitcoin is able to transform the Internet from a data transfer system into a value transfer system so that many entrepreneurs and investors trust the system.

I think that determining the market price of the rise and fall of bitcoin prices is dependent on the demand, if enthusiasts of bitcoin increase then auto bitcoin market price will go up by itself, but if the bitcoin enthusiasts have gone down, then with the automatic price will decrease by itself.

It is purely based on the supply and demand in the market and the rule is very much simple that is if the demand is greater than the supply than the price is expected to go up because a lot of people are bringing more and more money into the system. On other hand, if the supply is greater and the demand has reduced due to some reasons then the price will go down as people are taking away their money from the system.

The price of bitcoin depends on not only one factor but a lot, including the investments and the demand if it is a huge the price will go up, if there is less demand the price will go down. But the main factor in my opinion is the limited supply that has played a big part in it having such a high value, rare things have always a high price, gold is a great example.

Bitcoin/crypto valuation are depend upon no. of factors like demand and supply mechanism, Token Utility, Energy usage, Network value to transaction ratio, Daily active users etc. To know in detail have a look on this article https://kryptomoney.com/how-to-value-a-cryptocurrency-a-beginners-guide-to-cryptocurrency-trading/

What makes bitcoin prices is the users, speculators (both sellers and buyers), supply and demand, i think that's the basis. When the transaction becomes deal or match that's when the pricing takes place.

You have to understand that the price can not be controlled by the inventor. Maybe at first, it is. But basically, the price will change gradually or simultaneously. Right now, the price indicator is the demand and supply or simply the law of supply and demand. It is necessary for bitcoin because once there's a change in these two, change of price will happen in no time. This is volatile that is why bitcoin price becomes volatile as well.

no one determines the bitcoin price. Bitcoin is fluctuate and that affects the price of bitcoin is supply and demand.

I also believe that prices change through its supply and demand factor.Although bitcoins are already volatile in the first place,they could be more volatile too by considering this law of supply and demand.The price of bitcoin will continue to increase everytime people buy bitcoin and make them as their investments too.But its price will also dump once those people have decided to sell their coins due to need of fiat or they're just afraid that the market will continue to drop its price and will never recover again.

It is simple economics that works lie demand and supply. higher the demand more will be the price and vice versa. Also if huge big group form a cartel and buy/sell than it can effect the price and possible can even swing the prices as per their way.

I think that makes the price is the one who buys bitcoin, they think bitcoin deserves to be a thing that has a price. This is absurd, making high marks for the unseen. Just a number with a few decimals

It depends on the investors and government adaption. When there is a high demand, the value increases. Too many investors pitch in when the value is low. This takes off the value as well. The value is impacted when the exchanges and traders are closed. Recent South Korean moment negatively impacted and brought down the value to the ground. Recently we heard that the authority is talking with the tax and other department and officials to bring down the issues. If this talk succeeds, the value would zoon again.

Bitcoin is a decentralised cryptocurrency, so no one can change the value of bitcoin at any moment. Even a creator of bitcoin can control the price of bitcoin. But some factor may change the value of bitcoin. If any one had purchased a huge amount of bitcoin in a single shot means, it will increase the demand of bitcoin and increase the price of bitcoin.

The amount of people whose are intereseted in bitcoin and invest in it and make it move from hand to hand by some transactions or purchase, that is how bitcoin is developing.

Bitcoin is decentralized currency. So no one is controller here. And that is the beauty of bitcoin. The prices mainly fluctuate because of supply and demand.

When there are buyers who are demanding for a particular commodity, only then that product becomes famous and develop price wise including all other regards too. The more we buy and sell bitcoin, keep in wallets, make oversea transactions with it, the more improvement and development in bitcoin is seen. It is simple law of economics that the demand of a product ultimately results into the high prices and value of product.

It's the same thing as what the real economy. It is the law of supply and demand. The less demand and more supply the price will be low. The Big demand and the less supply the price will be higher. 

As far as i know the price of bitcoin is depends on the investors and users, and also on the market, i just notice that if many people sell their  bitcoin its price down and if many people buy bitcoin the price high again.

depends purely on market. Means that sellers and buyers on exchanges determine the price of the coins as it's not centralized or regulated. That is the great thing about it.

Yes, you're quite right mate and that's why bitcoin is volatile due to many investors dumping their bitcoin and there are new investors as well, appear to invest into it, so bitcoin will fluctuate and that's been normal as an asset. And according to what I know about the history of bitcoin when it was first launched it had no official price at all and when the exchanges began to appear it starting developed, starting around 6 cents.

The price of bitcoin and cryptocurrencies are influenced by the supply and demand rule as all other products. They are, however, influenced by the human factor and the psychological effects they create.

The prices are definitely determined by the markets through the demand and supply in it. The more people decided to invest bitcoin then the more demand increasing so price goes up, and otherwise.

You are right! When there is demand for Bitcoin the price automatically increases but at some point it always need market correction in order to reach the higher price. People are deciding the price based on their requirement whether they want to hold or sell.

No one can control bitcoin price, i think its all depend with suply demand and some time exchanger also can manipulate bitcoin price.
another thing that determines bitcoin price is trading based on technical.

The price movement of bitcoin is being controlled by the investors, traders, and adapters. Some of the people can manipulate the market if they're rich enough to easily pump and dump the price.

Right.I believe it's all about the supply and demand factor.When a lot of investors and traders bought a lot of bitcoins in that certain time,btc price market will surely increase.But when those investors and traders decide to sell their bitcoin,the price is likely to decrease but it will not take a long time in that downward trend because after a couple of days,btc price will rise up again.

All trading people play a role in the rise or fall of bitcoin prices, so no one controls the bitcoin price, so far bitcoin can reach high prices because of the large demand of people who start to understand how safe bitcoin to make investment tool. so the point is the demand is very important role against bitcoin prices without demand all goods will not be worth even if sold cheap.

Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto. The name is also associated with the open source software that he designed, and also uses a peer-to-peer network without centralized storage or a single administrator where the US Treasury calls the bitcoins of a decentralized currency.

It's the investors and demand for the coin increases the value of bitcoin as well as other crypto currencies as well. When the coin is in more circulation, the value fluctuates more.  Investors usually come in when the value is too low.  So there is high chance for hike when there is a constant low price.

The value of bitcoin merely depends on its users and people who transact and invest on it in general - the concept of supply and demand.
The higher the demand, the higher the value of bitcoin. The lower the supply, the higher the value of bitcoin. It is the reason why the value of bitcoin had soar since it has been introduced less than a decade ago, it had gone popular as it had gotten a lot of people that invested in its early era and hold them off instantly rich and is still expected to soar further.

The price of bitcoins is depending on the market supply and demand just the same on other cryptocurrency but the difference is ethereum is tether to bitcoins so altcoins is affected if bitcoin price is decreasing.

We as an investors are the one who is making the price of Bitcoin,
Investors are the one who is responsible for the Bitcoin price movement because the price depends solely in the stock and demand.

Nobody controls the price of Bitcoin, it is the people who buy and sell Bitcoin. If lots of people buys a huge amount of Bitcoin then the price will surely go up. If a large number of people sell their Bitcoins then the price would go down. Bitcoin price chart usually repeats itself so you will know if you need to sell or you need to buy.

Bitcoin price is determined based on the law of demand and supply that means if there is high demand in the market and if the supply is constant then the price increases and vice versa. Since Bitcoin is based on blockchain technology which relies on decentralization there is no individual or organisation to control or decide the price of Bitcoin. The law of demand takes place each and everywhere and thus you will see various prices at the same time on multiple exchanges as there is a difference in demand on those exchanges even if it belongs to the same country.

According to me Basically Bitcoin price depend on Law of Supply & Demand. Bitcoin is a decentralization so, who buy or who sell nobody can't know that.

Yes, we are all right and on the same track. It all depends on the supply and demand, bitcoin has 21 M the more people uses it the more its price goes up. Therefore, its all in our hands and promoting and encouraging people to invest in it will give us possitive results like we will have bigger profits and help us financially.

which actually makes the price of Bitcoin up or down is from the sale and purchase transactions, supply and demand is still very influential on the price of Bitcoin, so if asked who made the price Bitcoin, which makes Bitcoin prices are investors and traders Bitcoin...

The price of bitcoin depends on its demand and supply, when the demand of bitcoin is high it reduces its supply which causes its price increase higher, so we are also the maker of its price because we are the one who buy and sell bitcoins.

Bitcoin just as someone said, it's like buying and selling. It's a type of currency one uses in making transactions and it's being accepted over the word. It's also more or less trade. The more people are into it, the higher the price which is good for all. People sell their own Bitcoin while others buy.

i don't Who/what make the price of Bitcoin.But i thing according to Bitcoin demand,Bitcoin prices are made more or less.The demand for bitcoin is increasing day by day and it's price is also increasing.

If theres buying the coin and willing to spend it,thats make the value grow and will reflect to market price..and if this circulation continues then that will make the cryptocurrency moves,because bitcoin price dictates what would be the growth or falls of every currency after this bitcoin

It's simply demand and supply. It's price is dependent on the number of people willing to buy it and at what price and the number of people ready to sell at that price. In a bullish trend-such as the current state of the market, we have more sellers than buyers and that's why price keeps falling.

The price of bitcoin determines on the demand and supply. And also if their is active of buying and selling it makes price of bitcoin decrease and increase. It makes price undervalued or opposites so their is users involved.

it is simply also the investors and the holders of bitcoin once they sell it will have an impact in the market special when you sell in bulky same with if you bought a bitcoin in a huge amount the price will raise .

The first point of determining the price of oranges is by two things: what price is desired by the person who sells it, and what price is wanted by the person who bought it. If John wants to sell oranges for Rp 3,000, - and Sarah only wants to pay Rp 2,000, - then the deal does not happen. But if they agree with a certain price, for example Rp 2,500, - then the transaction occurs.

It depends on many facts and one of the most important is ourselves, we decide at which price we are willing to buy or sell our bitcoin and that is very telling, for example when the price of bitcoin reached close to 20000 dollars I knew that I will never pay such a price and then the price began crashing just sometime after I had those thoughts and I'm sure that happened because I was not the only one thinking that.

All market price would be based on the law od supply and demand. Well for Bitcoin, it is a decentralized currency so no one is able to control it hence dictate the price or the market activity. Like any other market it is based on the law of supply and demand, but for Bitcoin, the supply is constant and limited, so mainly based on the demand. So it is the interest of people in it,if a lot of people are into it nad wants to buy it then the demand is high the price will be high, same goes if a lot of people are selling it and no one wants it, then the demand is low so is the price.

very true and that can make the high bitcoin price is its own enthusiast. because more and more are buying bitcoin automatically bitcoin supply it will be very little that can cause direct high bitcoin price once

The one who makes the price of bitcoin are the people who use it. Traders, holders, and investors are the one who make it. There will be a price change if someone sell their bitcoin, or buy bitcoin. Bitcoin is not going less than $7,000, because a lot of big companies bought bitcoin, they invest in it. If it becomes popular again, the price will rise again, it might be bigger than what it hit on December 2017.

bitcoin is fluctuating, its price is erratic, bitcoin price does not depend on good bad politics in a country, so bitcoin price in my opinion is only regulated by its devotees, even bitcoin may no its price anymore if its enthusiasts no longer exists.

Market players, whales and early adopters; FUD and FOMO... Apparently, virtually every bit of information has influence over market and price dynamics.

For me we investors make the price of bitcoin. If many people are buying bitcoin, the demand of bitcoin becomes high so the price if bitcoin will rise. If many people are selling their bitcoin, the supply of bitcoin becomes high so the price of bitcoin will go down.

as a whole can be said indeed so the price turns for the increase and decrease bitcoin
besides that with so many good news about bitcoin will be able to make the price go up
as has been the case before when bad news on bitcoin keeps the price down even if the demand itself is on the rise

Bitcoin is like a gold.. It is limited. So when people are trying to buy bitcoin, they are bidding how much they are willing to buy it. That us why the longer the coin is existing, the higher price it is.. In the future, expect that one bitcoin is equivalent to a million dollar.

No one controls the price of bitcoin. Its price suddenly changes because of the supply and demand system. Bitcoin increases in price when many are using it, many needs it and many invest on it. But its value will go lower if many will sell it.

Since it is a known fact that whales are able to manipulate the market, one might be inclined to say that some people do control the price of Bitcoin. What is fact, is that whales only go the far of jostling the prevailing market price by way of their huge volumes, but like every altered state of equilibrium, the market normalizes sooner or later, which goes to assert that market forces are what determines what price Bitcoin turns up.

The price of bitcoin is actually the relationship between supply and demand. The overall game effect between the buyer and the seller in the bitcoin transaction leads to the change of the price of bitcoin.

The rise and fall of bitcoin in the market will determine its price...but whoever established this first is I guess a big who also?

that's right dude.but we must to know about market partisipants that join in crypto trading or maybe forex trading.but know this man, we can prevent to against them.buyer and sell can come from speculator, large finance institution firm or retail trader like us.this man that influence supply and demand in market.

Obviously it's the investors, merchants and traders in other words people who uses the currency. But bitcoin is also backed up by miners the one's who mine and confirms transactions called blocks. Also countries started recognizing it as an alternative way of payment and investment. And without btc, altcoins would cease to exist because most of the overall market cap is mostly invested in btc.

The bitcoin price is being manipulated by many different factors as Whale market, dump/pump tendency, world significant news

The demand and supply in the market that affect the bitcoin price, when the high demand will make the bitcoin value increase and vice versa.

Only people dictating Bitcoin price. When people buy bitcoins, the price rises, and vice versa. And this is influenced by many factors from the outside world.

Bitcoin prices are formed due to the presence of ownership and necessity. People who are in need of Bitcoin would be willing to spend money instead of those given to people who have Bitcoin, And who has Bitcoin will release Bitcoin if given Money. this is the so-called Sale and buy, and this is where the formation of Bitcoin price, then who causes it? they are the Bitcoin players themselves.

No one can control the price of bitcoin, only we, people, who are buying or selling bitcoin - can manipulate this, when we do some trades.

Who make the price? It is not clear. If it is who make bitcoin. You can search about satoshi nakamoto in google. Who is responsible for the bitcoin's price? It is the people who are believing and buying bitcoin without any hesitation. Bitcoin's price depends on people who buy in short traders.

All of these are quite interesting stakeholders of this down and up of price but I think the most interesting and suitable stakeholder is just the user. We all are responsible for the down and up of the price chart. Reason is panic selling. Although the start of downfall or uplift is just a trigger of one whale or group of whales, but the trending and containing of that down is because of we people.

The movable price in every second it's because of in and out of Business of Bitcoin which means Investor and traders are the reason why  the price of Bitcoin is moving like bubble, it depend upon on it.

It's all about supply and demand. Unfortunately, the people who create demand are also. Here, psychology comes into play. The positive atmosphere created by panic sales purchases or vice versa affects people's wishes or wishes. The event is turning around briefly.

The price of Bitcoin comes out in a way, if there are more buyers & few sellers then Bitcoin price will go high as sellers will take advantage of this situation and quote a high price because of buyers are many. But if there are fewer buyers & more sellers then sellers eventually have to quote a low price so their Bitcoin could be sold as buyers are few. Price remain stable if buyers approximately equal to sellers in numbers. Secondly, the Bitcoin price has initially grown in a way when people saw that other people are earning profit due to of Bitcoin & mining. It is the community on which Bitcoin price depends if there will be zero buyers of BTC the price of BTC will get decreased near to zero.

The exchanger who make the of price pf bitcoin if the demand is high the price is high of the demand is low the price is low... If the price is low we hold the price when the price will increase we can earn more profit or else just hold it.

First of all, bitcoin could be used as payment system in some online store, and the second one is that bitcoin used of medium of trading in the market. By the usage of trading in the market, the prices will follow demand and stock of bitcoin. When the bitcoin demand goes up, the prices definitely could goes up because of the reduced amount of supply.

What determines the bitcoin price is the market situation, the demand and supply is the decisive one, if many sell bitcoin then the bitcoin price will fall.

Price BTC depends on supply and demand, market capitalization, news of the crypto currency, world economy and its legalization.

in general bitcoin prices are affected by demand and supply. but there are several factors that affect the number of requests and offers, such as news and day of the big day like the Chinese New Year.

Bitcoins price depends on the demand of the market.  If the bitcoin is limited, the value goes up, if it is many the value go down. Just like the rule of economics, the more the product is in demand, the value goes up.. If its not in demand, the prices go down. It is also like a gold, as time goes by, it's value rises.

The price of btc you see on Coinbase.com actually comes from the trading activity on the GDAX exchange. So when someone wants to buy btc from Coinbase.com, “Coinbase looks to the GDAX marketplace to quote that customer a price,” White says, and then buys it off GDAX if the customer wants it, like a middleman.

https://www.popsci.com/bitcoin-price hope this helps.

you are right but don't forget that there is a time to see the pump for making the price increase higher and decrease lower and it makes people become panic because they are not ready to buy or sell bitcoin. the whale is one of the aspects that could makes the price increase and decrease and sometimes they can push the price to the higher price but it's back to the market demands. and as long as there are any demands in the market, the price will always change from time to time.

Very often market are changing its trend, and it could be clear that demand and supply really makes market roll over. We can't control nor stops it fluctuations as it only depends on the entire market chain.

Which makes the bitcoin price is the user itself, and because the price is determined by the demand, I think you need to read some articles to find out information about bitcoin, you know what you are asking is the basic thing of cryptocurrency and in cryptocurrency there is not only bitcoin but still more coins.

which causes bitcoin prices to rise or vice versa that is decreasing it is of course from the role of bitcoin users themselves. if bitcoin users unite to make purchases of bitcoin on a large scale, of course there will be significant increases in bitcoin prices and vice versa if bitcoin users do not have the courage to buy bitcoins, of course the price will still move in place even will decrease.

   It all depends on how much you can buy it, and how much you want it to sell. It is very simple, the usual market economy.

It just depend on purchase and sale. So, there is chain system which called Blockchain and no one manage this system. If most trader sell their Bitcoin, price goes down in paralel.

Nobody is making the price of bitcoin and it depends on the demand of the people. But as to the theory that bitcoin's market price can be affected by selling off bitcoin during crisis especially those investors who owned a bag full of bitcoin can certainly affect the price of bitcoin.

Most of the investors are still unable to identify the reason behind this much of the downfall in the market value of the bitcoin as well as the rise in the market value of the bitcoin which we have experienced in the last year. The most important factor which effects the market value of the bitcoin is none other than that of the demand of bitcoin in the international market as the principal which is being used is demand and supply.

Bitcoin prices are not made but rather fluctuating prices that can change at any time, it all depends on supply and demand. If demand is high then the price is higher and vice versa.

What drives the price is demand, I read a tweets today that there are 15 million millionaires in US, that means not all millionaires will have access to one BTC, So the demand is going to continue to grow has more market is been penetrated

WE are making the price of bitcoin everyday, when we invest on this, buy some, sell, hold etc. It's beatiful that we can do this.

Much like ano ither currency, it depends on the amount of supply available in the market. If there is alot of people dumping their stocks then you can expect to see a huge plummet in the prices. Now if more and more people buy and hold on to their coins then the price shoots up. Of course there are alot of factors that affects the supply.

We, the market, together with the supply and demand of bitcoin, are making price of bitcoin. The more people buying bitcoin, the price of bitcoin increases. The more people selling bitcoin, the price of bitcoin decreases. Also, the more supply and less demand, less price of bitcoin and the other way around.

The price of bitcoin, specifically, depends upon the market supply and demand in the market. Since new investors and old ones are continuing to invest despite the market, it increases the demand/supply depending upon the situation. Another thing that significantly contributes to the price of bitcoin is the hype it created. With its high-volatile price, bitcoin has attracted investors who invest their money hoping that it may increase in the future. With this kind of mindset, the price hyper inflated, making it the number one cryptocurrency to date.


As long as investors retain their money to their investments, the price of bitcoin will continue to increase/decrease depending on the circumstance. Whales play a significant role on its price as they may manipulate the market supply/demand due to the number of bitcoins they posses. But bitcoin revolves around the law of supply and demand depending on the number of investors who keep/sell their resources.

Whales have some control over how the market is going to move but even them cannot control the market as they wish that is why you see them waiting for the right opportunity to try to manipulate the market, as soon as we get positive news from the developers you will see the whales pumping the price and using their connections to create positive articles about bitcoin.

First person who bought bitcoins from Satoshi himself is the founding father of bitcoin price, or the first people who accepted bitcoins as something of value.

As what I know us the people whobuses the bitcoins  the price of the bitcoin itself because the bitcoins price amd volatility are because of us as we buy and we sell our bitcoins the price of the bitcoins changes that is because the price of the bitcoins or the value of it are inclined to the supply and demand thing. Maybe youbare thinking that there are people behind the price that are manipulating it but we dont know yet

What makes bitcoin.
1. Global recognition. In the world, more and more countries, organizations, banks and large companies recognize Bitcoin as a valuable asset.
2. Bitcoin prices depend on human needs. Due to the wide recognition, Bitcoin is gaining the trust of many investors. Investors are pouring money, more and more people are spending money, time and effort to dig up Bitcoins. The greater the demand, the higher the Bitcoin value.

actually that makes bitcoin price is our own as market participants who sell and buy bitcoin and this has an effect on supply and demand, so if you want to make transactions sell or buy should be pokep terlebij first domino effect that may appear

Real buyers and sellers are the main part the reasons who make the price of BTC, there are some other things, traders, situation in th world of economy, price for dollar. All they make one price in one day

The price of bitcoins in the market before is very cheap and it was down to $100, the reason why the prices of cryptocurrency in the market is increasing is because of the demand coming from different investors so people will be always deciding if cryptocurrency will be profitable or not.

my bitcoin price is determined by the buying and selling system itself. The more people buy bitcoin, the more it will make the bitcoin price increase. because bitcoin can go down or up depending on market demand.

If that creates this bitcoin is a young man from Japan who uses the pseudonym of Satoshi but he only creates does not determine the price, if according to which determines the price is Jiak market supply higher than the demand then the price will be cheap and influential also is the negative and positive milk determine the bitcoin price.

The pricei s decided on the people that use to sell or buy it at the same time, it is a combo and it is changing all the time because there are a lot of trades per second on every exchange.

This is a thousand times ask in the thread but for the new one's, the value of bitcoins relies on the supply and demand, Since bitcoins has a limited supply in nature, The value tends to pumps up because of it is precious like jewel.

Bitcoin price depends solely on demands ,
So we as an investor or user of Bitcoin are the one's who are making the price of it,
As the demand rise the price of 1 Bitcoin would surely go up.

It is normal in business that popularity and demand will matter most like bitcoin popularity gets inreasing in demand nowadays that makes sense precious and valuable on it. And with the big whales strategy in crypto industry they also play a great role of price increase and or decrease but it depends what they want to make them earn more profit.

Hi! As far as I know,  The price of bitcoin depend on the supply and demand of sellers and buyers. Ex: If the demand is high, the price of bitcoin will increases

On the surface its about supply and demands, ones perceive bitcoin with its current value, and seller wants other stuff by giving away some of their bitcoins, simply  as that. but as you dig in its a red seas of trade sailor seeking profit and bunch of sharks, underwater zombies maybe ?

The price of bitcoin depends on the faith of people in bitcoin. If bitcoin is recognized, financial transactions are conducted in this crypto currency, and most importantly - they invest in bitcoin, then the bitcoin price will be quite stable with a tendency to increase. If people feel or see in bitcoin the risk of losing their investment, the price will fall, investors will try to throw off bitcoin from their investment portfolio and return to the classic instruments of investment and saving.

All of us are the one who nake bitcoin price high and down. From small trader to thr richest holder of bitcoin. We are making the demand still alive and cause when pump  and dump. World community, transaction in different country with bitcoin use, payment via btc, investment through btc. These how bitcoin called the center of crypto currency. Making all transaction had deal with bitcoin blockchain.

yes, it is about supply and demands and other things outside of that like for example the news, people which are bought and sell bitcoin in the exchanges, and of course people which have much of bitcoin in their wallets. I agree that investor is making their parts into bitcoin price too and if there are many new investors which comes to the bitcoin, then it will give impact to the price too.

The price as far as I know is depending on the people on the consumer of the bitcoins if a lot of people sell then the price of the bitcoins will fall and when a lot of people will buy and then of course the opposite thing will hapoen the price of the bitcoins will rise. So if ever that the price of the bitcoimsbitcoins are falling again there is no one to blame on the bitcoin side because they have nothing to do with that amd besides there is no one manipulating the bitcoins since satoshi is still unknown.

The bitcoin community has create price from it. The person buy and sell bitcoin lead what the price of bitcoin it is. Also the price of bitcoin always depend and created through the demand and supply in the market cap.

i think its because of bitcoin whales they manipulating and controlling the price of bitcoin they have a full control in its volatility so i am aware that there are so many struggles in bitcoin for now because of those bitcoin whales. i am not sure if this bitcoin can strive for more i am looking forward through it.

We, the market makes the price nof bitcoin. We makes the supply and demand of bitcoin. The price of bitcoin depends on the demand we make and the supply given to us by miners as well as those people selling their bitcoins. From here, the price is created and adjusted depending on these factors.

It is the buyer like us who decide this. The price is depended mainly on demand and supply of bitcoins.

The price of bitcoins and all the other cryptocurrency are based on supply and demand in the market so you should always expect the drastic changes because the market is volatile.

The bitcoin's price decided on market by people who holds and owns bitcoin.  Without people holding bitcoin there is no market as well, so bitcoin price is based on people demands on buy and sell that's what makes market works.

The communty itself decided on what value of bitcoins will have not the government, its upon us. Simply because of demand and supply we have bitcoin value was created. The circulation made by those holders, buyers and sellers who behind in this market.

Nobody can dictate the price of bitcoin since its decentralized. If the demand is high the value will also do the same.

which makes bitcoin prices and drives bitcoin prices is purely from buyer and seller factors, the more buy bitcoin the bitcoin price can be very expensive.

I think It depends on the demand and supply. If the product is not desirable the price may go down, if the product is greatly pursued after the price will jump. That's in my opinion

The people who buy and sell bitcoins affects the movement of bitcoin's price. The demand on bitcoin greatly affects its price and when more people sold their bitcoins,the price is more likely to drop. But most of all, it is the market players that mostly contribute for a cryptos change in price. They can greatly affect the price of a certain currency

The market gets spooked by lots of things. If a large government lets slip that it’s uncertain about how to regulate bitcoin, as happened with China, then that can cause the price to fall. The same thing can happen with criminal events. When the drug trading site Silk Road, which used bitcoin as its currency – closed down, the price of bitcoin plummeted.

There are groups of people that are involve with this.
The the group of FUD spreaders, the dumpers, the whales, and the sellers.

Last days it seems like everyone and everything are making a price of bitcoin, bacause almost everytime we see a significant jump up or down in a background are always some news, events, or whales.

There are many factors here. For example, it grows because of recognition by its countries by way of payment.
But All this information can be found on google.com

I think price of bitcoin goes up or down which depends on demand and supply. If people want to buy lots of bitcoin because it can make super profit, the price will increase. However, as you know, Bitcoin is so volatile, when users don't want to hold it anymore, having others cryptocurrencies makes more profit, they always ready to sell bitcoin, and the price of bitcoin will decrease.

Bitcoin is not fiat, remember? That’s why governments find it really hard to define it in terms of law. It’s still a pending issue for cryptocurrency. However, the most developed countries such as the USA, Canada, UK, or Japan have already released laws regulating Bitcoin.Let’s take Japan as an example. The final resolution about Bitcoin being considered as legal tender was passed on April 2017. In consequence, private entrepreneurs and companies started implementing Bitcoin with its decentralized technology in all kinds of spheres. So, by now, there are thousands of Bitcoin-accepting stores in Japan. Such a vast Bitcoin market has provoked a steep increase in the price of the currency.

The increasing demand to the supply availability in relation to the circulation happening around the network will be making the price. Based on these factors the price of bitcoin used to vary between times. Along with this the manipulation and the news surrounding the community related to bitcoin too will make the value of bitcoin.

This is the basic principle of how Bitcoin’s rate is defined. Price of gold is determined by the same principle: Mining cost. The prime cost of extracting gold from earth, was transformed, in Bitcoin’s case, in a ‘minimum price’ of ‘obtaining’ new Bitcoins by means of calculating certain equations. Demand on the market. Awareness of Bitcoin, interest in it, trust of actual or potential crypto holders, and a lot more factors define the real price among the people who are willing to buy and sell Bitcoin.

bitcoin based on people demand , i think what make the price of bitcoin , and  people demand is depend on the news / issues

The best answer for this question, it is like only stocks. We see how forex exchange transactions, we buy and sell stocks for we could earn and make our own stocks get high value. In bitcoin, it is like our own currency, we know how volatile our currency value.

Theoretically, it is only affected by supply and demand. Recently I have learned some theories about conglomerates that might operate to manipulate the price. I don't know whether it is true or not, you can find many articles about it

in theory the price is determined by the supply and demand of the investors. As soon as we have a limited supply of btc we shall look at demand in this case, if the investors and new money is invested than it rises otherwise if the majority withdraw their money and sell than falls.

It's simply demand and supply. It's price is dependent on the number of people willing to buy it and at what price and the number of people ready to sell at that price. In a bullish trend-such as the current state of the market, we have more sellers than buyers and that's why price keeps falling.

The price of Bitcoin is basically what the last person to buy it decided to pay for it. If the last person to buy it decided to pay one penny for one satoshi, then the price of Bitcoin would be one million dollars.

The volatility of all cryptocurrencies is based on the fact that none have anything to stabilise them. They aren’t linked to anything that has a determinable real world value in any way, and the coins themselves do not. Stability in the value of any currency has to be based on something that can be traded, excluding currency itself. Crypto is used for buying, but a problems exists here, too. The knowledge of said pricing has to be public - private selling does not help at all because you can’t determine any general price of X item around which to create stability, and crypto is generally based on private sales for now. It won’t stabilise until enough trading is done in the public eye through legitimate services such as online stores - and a large number of them, at that. It doesn’t matter if every member of the public gets into crypto, the price will continue to jump and sink until a ton of businesses get involved and create a “general consensus” in terms of crypto value that everyone can see and many agree with.

It also doesn’t help that many people are holding onto it in the hopes of making money. Currency that isn’t being traded is detrimental to its survival anyway, and prolongs the time it would take to stabilise.

I difinitely agree. The law of supply and demand  what makes the price of Bitcoin exist. If there is no supply there is no demand and vice versa. People thought Bitcoin as the best investment that is why until now the price is increasing the same as the community, investors and enthusiasts. Until the time when the supply of Bitcoin will become scarse price will also skyrocket to the moon.

what I would do when the bitcoin price drops is to buy as much bitcoin as I can because the bitcoin price is cheap and suitable for the buy but when I get stuck in the expensive price then all I will do is wait until the price goes back up.

That might be the right call, but at the moment, so many things are quite uncertain about the price of bitcoin. People still think BTC has not hit its lowest just yet.

The supply of Bitcoin will reach the limit soon, right? I hear about 2022 with our mining system speed. By that time, the price of bitcoin will become untouchable

in my opinion, your question is very good, so BTC prices can go up or down it depends on the number of people buying this can make the price of btc rise high, well if many people who sell then the price also drops, so depending on enthusiasts people want to buy or not, now btc down it because of the many bad news about btc in my opinion.

which determines the market price is our own behavior in the market, selling and buying affect supply and demand and supply and demand make the price move up or down, so think first before you sell or buy because there will be domino effect from your market behavior

Actually it is very difficult of explain about you question. You just think like normal share market. Share rate depends on the man who selling and who buying. If a person think that share value will be high he buying in higher rate as well as share price going high. In this way when anyone think that BTC price will go high he will buy BTC in high rate.

This is a great explanation. I always thought that it would be volatile, but you're saying that if say Amazon and thousands of other stores got into it, that could stabilize the price?

I think the people we called whales are the one who plays the price of bitcoin in the market. They are the one who invest too large amount of money. And also i bitcoin, we also have these crisis where in it is normal for bitcoin to fluctuates sometimes.

It is like a commodity. We, people are the one who creates it. The more people buy it, the more the price increase because of the demand is increasing and the supply decreasing. Likewise on its opposite.

Sometimes breaking news alsi affects the orice of it. On the other hand I also believe that there are unknown hands who hold a lot and control the price of crypto most specially bitcoin.

Supply and demand. If you add more Bitcoins and spread it out to others, then people are not going to demand it as much and the price goes down, because those looking to sell will have to lower their price because they can't find others to buy. 

People are always making the price of cryptocurrency, the market is depending on the supply and demand so you should always expect for the drastic changes in prices if you are a cryptocurrency investor.

Definetly as far as i know the value of the bitcoin is depends on the stocks or supply in the exchange market,the more supply into there exchanges trading and low demand the more the price value of that bitcoin will going down,and vice versa of thats situation would happen thats why in my own perception the one who creates the price value of bitcoins is depends on the market volume and the demand of the investor,for the used  or purpose of circulation of the investment,thats why there is ups and down the price value of bitcoin.

If it somehow acquired any value at all for whatever reason, then anyone wanting to transfer wealth over a long distance could buy some, transmit it, and have the recipient sell it.

Maybe it could get an initial value circularly as you’ve suggested, by people foreseeing its potential usefulness for exchange. (I would definitely want some) Maybe collectors, any random reason could spark it.

One of the reasons for having a price of bitcoin is due to the good demands and continuing patronage in bitcoins, the high volume trading is very important to make a price in every crypto as like bitcoin. Traders and whales can control the price of bitcoin .

You me and all comunity decide the price in crypto market. If most of us buys bitcoin it goes up if we cash out it goes down. That is it.

If who controls or controls the bitcoin price, but if what is the effect of bitcoin prices, there may be some negative news about this bitcoin, the prohibition in some countries as well as the available supply that affects this bitcoin value

Hacker, Speculators, Crypto Experts or whale and what is more?

Of course, users and investors are determined. The only difference in this sector compared to other stock exchange sectors is that there is no control and regulation. For this reason, large investors can easily have a great influence on the volume and can make adjustments on the price. Panic sales support can be a big factor in amateur investors, especially if the impact of these investors is very large at the prices we see as negative.

Actually we are all contributing to the circulation and the sudden changes within Bitcoin price in the virtual market in which, we users are being one of the greatest factors on why the price changes added by the fact that there are certain reasons why people decides to buy or sell their assets on a high or a low price that makes and somehow or literally dictates why the price changes positively or negatively. What we just need to know that every single decision and movement we make, have a great contribution on the price movement of not just Bitcoin but also the other types of existing cryptocurrency.

As far as we can see with coral price mechanism consists of many aspects like worldwide mood, people's trust and bitcoin as a currency and Investment method, etc.

The price of Bitcoin is determined by the market. What does it mean? It means that:

1. The price depends on the demand. Price pumps happen when there are a lot of buyers taking the sell orders of the traders. Price dumps happen when there are way more sellers rather than buyers and hodlers.

2. News, updates, and developments have also a very vital role in the price movements of Bitcoin. If the news surrounding Bitcoin are mostly negative, it is expected that the price will go down. If it is positive, the price will also rise.

3. There are also whales. These are the largest investors of Bitcoin. Their selling or buying decisions will also create an effect to the price.

There are so many things which controls or affects the Bitcoin price, that we would easiest ages that everything effects. Everything that you hear and see can somehow and some way affect the price of Bitcoin for now.

the price is made by community on the market, the more demand is the more is the value of bitcoin. yes anything is affecting bitcoin and also i do think economy matter, goverment and also media is affecting bitcoin value.

So this is really to some extent the truth that you say. But it seems to me that there are people who have large stocks of bitcoin and can adequately dictate the price of it

bitcoin price depends on the amount of demand in the market as well as the total supplied available, the more demand the price will rise, and vice versa, no one can control the bitcoin price because bitcoin is not the same as fiat money

I think it's the society. The people who buy and sell at every moments. Every seconds as we can observe Bitcoin's price is moving upward or downward. Sometimes their are groups that pump the price of the bitcoins.

The indicators of the price of bitcoin is no other than the investors itself.  It does nit matter how small or how lare you have been invested in bitcoin,  what is important is that you invested in bitcoin and each cent that is invested in bitcoin makes a difference in the value of this coin.  But interms of who greatly affect the price of bitcoin,  it is the whales because they are the largest investor in bitcoin,  meaning they can manipulate the price literally.

I think the bitcoin price can not be separated from the demand and supply so with the limited amount of bitcoin inevitably a person's opportunity to find an income is still open provided they can withstand emotions when the exchange rate has not increased.

The circulation happening around the network is the one that makes the price of bitcoin. In accordance to the price of bitcoin the market of the other altcoins will be decided. Importantly the demand to the supply is the one that makes the value get deviated with respect to the time into consideration.

it depends on the market, the supply and demand.

I think We all know that Bitcoin is a limited currency because it has a limited supply where the demand of society is what really makes it flare up as Bitcoin's demand keeps changing, it has not found a stable price for it. Also demand can be influenced by many factors such as the Pope's shortening of Bitcoin, News about its legality, and bad news in general.
From an economic point of view, the prime driver for the price / value is the Bitcoin Supply and Demand, as simple as that.

I don’t think someone manages this. If most people come to mind to buy this at the same time then the price grows. If most people want to sell then the price falls. It also depends on the news: if the news are good the price grows, if the news are bad the price falls.

Bitcoin's price according to me, solely depends on the demand and supply.
So, various factors which are involved are:
The acceptance the coin has gained in the market. Like some countries have banned the coin which affects the coin's prices.
Rules and regulations the government makes. Though the coin is decentralised, but has an indirect effect on it due to these.
Investors who have large stocks of the coin.

what i thinks is big organisation behind the price of the Bitcoin , which continent a big investors and the market are totally managed by them , this still just an hypothesis

a lot of opinions about this, if I personally more convinced that the media that determines bitcoin price.
because every time the news appeared unsightly in the media. at that time the bitcoin price drops.
I do not know, that's just my personal opinion.

I agree, the media is very influential with bitcoin prices.
I have long observed that, if the media say something negative, then the bitcoin price will go down.

Bitcoin's price is heavily influenced by its utility or usability. Supply might be a consideration but what really give iy a real value is how it is attracting people by what it can offer. For example if people would want to transfer money and find the process in the money transfer station slow and costly, and found out that using bitcoin is even more affordable and faster they would certainly opt to choose bitcoin to facilitate such transfer. And even if prices should go up, if still advantageous people will still use it. So the price may no longer be in question for as long as they can transfer funds easily. So from here the law of supply and demand then works. Also it should be taken into account that one of the reasons for a change in price would be the payment we give for the services rendered also by the miners and the fees given or set by exchanges.

I think many things can affect the price of bitcoin in the market, such as bad news bitcoin, bitcoin demand and sales as well as the participation of major countries also very influential on the movement of bitcoin prices.
therefore why bitcoin prices change very quickly because there are many factors that affect it.

It can sound silly but I believe that we all are contributing in the process of forming bitcoins price. By panic sell and panic buy we can affect the price significantly more than som enews around.

only people with large funds can manipulate bitcoin prices, but investor confidence in bitcoin can also affect bitcoin prices. if investor confidence in bitcoin increases then bitcoin price also increases.

but we have another reason that determines bitcoin price which is supply and demand and it's related with the news from the media. supply and demand work up and down and when there is any news comes out then it will give an impact on the price whether it is increasing or decrease. and besides that, don't forget with the whales that sometimes can also move the price to the higher or lower price.

People that have quiet a big pockets of bitcoins, can manipulate the price.
There are some wallets with 5000+ bitcoins, sometimes they just drop about 3000 on some exchanger and they start to trade there by droping price or pumping it.

It's the people around the world who determined the price of bitcoin. Depending on whether they want to buy it at the price other people wanted to sell it. Which in turn depends on their interest in buying it. The more it is in demand, the higher the price and vice versa.

The growth of bitcoin depends on the players on the market.  If there is a demand, they raise the price, and then sharply reduce it to make more money.

There are very many factors that are influencing the Bitcoin price, I can say that one of those are the whales, who are just manipulating the price by moving there funds, and creating the false fake demand

Like others financial market or commodities market, price always depend on supply and demand. With limited supply on bitcoin and demand always increasing, bitcoin price must be always rising. Thats why bitcoin is good long term investment

Yeah all of them are taking part in making bitcoin valuable and high in price, so we should have trust our experience not to trust any bad news of FUD, for me only investors are base of change value and price, when more people will sell coin at dip so price will fall but when more people will buy and hold, will not panic so price will get high, just keep in mind you are important in making price high throughout the market.

my answer is news. Unfortunately, at the moment, too much news depends on news. From this, such volatility and crazy horse racing courses are almost half their value.

The price of Bitcoin is massively regulated by us all, we a have a role to play in the price of Bitcoin, although those who hold a very high amount of BTC can ultimately cause prices to rise and fall as they like due to the large amount of BTC they own.

There is no such one organization or company which is controlling the bitcoins. As bitcoin is decentralized, no one can control it and no one has any power to manipulate it. The price is purely depends upon the demand and supply of bitcoins. As demands increases and people want to invest in it, the price automatically rises.

In a simple reasoning Bitcoin price is based on supply and demand. When there are less people holding the coin then the price would be lower because the supply is abundant in that reason.

The market,itself, makes the price of bitcoin. I mean, supply and demand. Demand quantity is determinative in prices of cryptos. But, the things that affect the prices are manner of governments and banks and speculative explanations.

Users of BITCOIN BTC are the one that make the price in the market depending on its quality and quantity of goods/supplies/product in selling/trading that make profit.

Buy LOW - sell HIGH. This all about Bitcoin and crypto for today. I do not know what will happen in the future, but until - the market is a complete speculation on people's thoughts that BTC will cost millions...

We are the ones who are creating the price of bitcoins because the market values will always increase if there are a lot of investors in the market, the lack of supply will make the price of bitcoins or any cryptocurrency to skyrocket.

Price fluctuation of  btc depends by many factors, rate of adoption is hampered by bad press, news about the losses  had a double effect on volatility and also the demand and supply will matter most,

we are making the price of bitcoin. i mean all the community. there are small traders, whales, manipulators, hackers etc. all of us cause trend changes, waves in bitcoin price. and due to bitcoin is still new and volumes are not so high comparing other markets, volatility is so high.

What the hype does is suddenly attract crowds of investors, which makes the stock price of bitcoin go up rapidly, attracting ever more people until reaching a point where the price becomes overinflated and adjusts.

Bitcoin is completely subjective. This is public opinion. In simple words, the more people consider this currency to be viable and profitable, hence the higher demand for it and bitcoin becomes in demand, and given that the number of blocks of unique information produced by mining is limited, then with each month and year the cost of bitcoin will increase, but at what pace - time will tell.

For me, we are the one who makes the price of bitcoin. And like the other financial market or commodities market it depends on how we manage it, if there is a demand, the price will become high and then sharply reduce it to make more money. And as I said, the price of bitcoin is only depend upon the supply and demmand of the bitcoin if the demand increases and many people want to invest in it, the price automatically rises.

Nobody knows it. But when you hear it in the news we're saying that it is true, but from where they know it? I sing the price I'm making buy all the effects on the market and economy.

which makes the price of bitcoin down and up are the officials or cukong and moderator, they are the ones who can know when the rising bitcoin prices and the fall of bitcoin prices, I am here just resigned to the price set.

The price of Bitcoin is being controlled by many factors, but they all still fall under the same category of being determined by the rate of demand and supply. When the price of Bitcoin falls that’s as a result of a bad press or maybe when the government says something about regulating it or so.

People are always afraid of bad press and government plans. When there is little option value and large holders, the price will always go high. Just like what happened last year.

Well in my opinion. The price manipulation by the Whales is one of the factors that is very instrumental in fluctuating the prices of Bitcoin. Those who hold big portion of the coin can make it act like a monopoly. Besides, the market demand is affected by so many factors like government regulations, government ban on Bitcoin, the security features and hacking etc which has deep effect on the prices and make the prices.

which makes the bitcoin price move only from the demand and from the very large supply, without the demand, bitcoin will not be able to have this expensive price.

It is actually we who make the price of Bitcoin sometimes high and sometimes low depends upon the market situations. When we demand for the Bitcoin then its price goes high and when we do not demand more resulting decrease in demand rate brings decrease or downfall in the value of Bitcoin. I am very happy to see the rising demand rate these days which will activate the price of Bitcoin to go up high in the air.

Bitcoin price determined by supply and demand. I think no one can control bitcoin price because bitcoin is decentralized. Its not like fiat money, fiat fluctuation controlled by central banks.

The most important factor in determining the price of bitcoin is the relationship between supply and demand.
As more countries recognize the legitimacy of Bitcoin, the more people enter the Bitcoin market, the higher the demand for Bitcoin.
The total number of bitcoins is only 21 million, and the bitcoin mining rate will be stepped down.
Bitcoin prices will naturally climb as the number of people in demand increases!

The price of bitcoin is a good idea for the market. I believe that bitcoin and technology, I believe that bitcoin will rise to the right direction and it is a start. I believe the future of our currency, but its my account. The only one who are respectable in many people. I even the most important nowadays, I support cryptocurrency

This is a good thoughtful question probing the minds of rational Newbies like you. To me, Bitcoin Prices Determinants solidly depends on Elasticity of Demand and Elasticity of supplies in the Crypto Market. The higher the demand for Bitcoin, The higher the price, while the lower the demand for Bitcoin, the lower the price. Which also means when Bitcoin is at low supplies, the values or Prices surge up or hike and otherwise.
We also notices situation where The Big Whales maneuverabilities in their own parts and some FUDs around the world hinder Bitcoin Prices.

It is not necessary to create a whole topic to tell you on your fingers what makes the price of bitcoin... Sit in an informative branches, study the sector themselves. You can only tell your options, but to work in this area, you need to learn how to analyze yourself!  :P

This is a decent keen inquiry examining the brains of sound Amateurs like you. To me, Bitcoin Costs Determinants decidedly relies upon Flexibility of Interest and Versatility of provisions in the Crypto Market. The higher the interest for Bitcoin, The higher the cost, while the lower the interest for Bitcoin, the lower the cost. Which likewise implies when Bitcoin is at low supplies, the qualities or Costs surge up or climb and something else.

Trader, Investor, Client, Big Company, Gambler, Members of ICOs and even the small person or even you. Can make the value of the bitcoin or altcoin moves. If you are familiar with the demand and supply, you can get my points. Too hard to explain to person online communication it should be personal communication. News, Events, Articles, Report can also have essential factors on the movements of the value of the crypto.

All i know is that bitcoin's price is determined according to the demand of the people (people who invest on it small time or big time). Bitcoin's volatile price can be seen on its graph that it don't have a stable value at all as it is expected to rise extremely high or extremely low.

Its just a half, demand and before demand you need to have supply. Supply and demand are making the price of everything in every market. That is repeated here on forum many times, but newbies don`t have time to read and learn, all of them wish shortcut to success and they ask many times asked questions over and over again. I`m surprised by comments that people make, before reading anything people make comments without any sense. Educate yourself if you don`t understand topic you comment, spend couple minutes more that will not hurt you and maybe you can get some merits for better answers.

From my own experience it seems like everything around is making the price of Bitcoin grow or fall. You can just spend the whole day in the process of searching what causes this great fall or a great growth on the market and even more.

Investors and the investment makes the price of bitcoin really well, we need to have to some money and we should invest all our money into bitcoin so that our participation in bitcoin price getting high will be active, I think now we should buy because the price is not too high we can get profit, price graph of bitcoin use to move up and down with the market demand and supply, higher demand makes the price of bitcoin even high,

The price of the bitcoin  is decided by many, multiple factors but the most essential factor is that of the bitcoin price manipulation is that of demand and supply since the bitcoin market is not regulated by the central bank the public decides the private value of bitcoin but political relations also plays a pivotal role

The price of Bitcoin depends upon us i.e. the investors.If the investors invest in it on large scale then automatically a rise is seen in it's price and if the investors sell their BTC's on large scale then a drop is seen in it's price.We often notice that even a small news regarding it affects it's price either in a positive or negative way.This is because these news affect the mindset of the investors and which further affects their actions.Bitcoin price totally depends upon it's demand  and by demand I mean number of people selling and buying Bitcoin.

In market, price is determined by supply and demand. When bitcoin was not known much, it was selling in few dollars, as it gained popularity, it went upto 19000$. Then people started thinking that its a scam, so they pulled out their money and hence price dropped. Slowly people will start to believe in it, more people will accept it and its price will boom again. So see, it just depends on supply and demand. More demand, more price and vice versa.

Based on the law of economis. It's always depend on demand and supply.. The more the demands, the more the values. As simple as that.

Bitcoin is a decentralised cryptocurrency, so no one can change the value of bitcoin at any moment. Even a creator of bitcoin can control the price of bitcoin. But some factor may change the value of bitcoin. If any one had purchased a huge amount of bitcoin in a single shot means, it will increase the demand of bitcoin and increase the price of bitcoin.

Bitcoin price changes according to the rule of supply and demand. If many uses bitcoin and many will buy and invest in bitcoin then the tendency that bitcoin price will go up. And if no one will uses it then its value will go down.

Actually it is we who are responsible for the price increase or decrease because when we demand for something then its price starts to increase and when our demand reduces then the price of product also reduces. There is no other source and center from which the Bitcoin is controlling and we know well that it is decentralized cryptocurrency, only we are here for its price increase and decrease.

I think, the price of bitcoin depends on the market demand at that time, if a lot of demand and buy bitcoin then bitcoin price will continue to rise but if many are selling then bitcoin price will go down

Bitcoin’s price isn’t set by anyone in particular. It’s set by the market, and to make things even more complex, it varies every second of your time. So its a very volatile market to get into...

 Popularity and interes of people make the price of bitcoin , if it is more popular and people are interested price of bitcoin will become more , if people aren't interested price of bitcoin will be decrease ,   
 
  This was my idea  8)

The people investing dictates the price of Bitcoin and any other crypto currency in the market. If more people buy crypto currency then the more expensive it is. Inversely, if alotnof people sell crypto currency then the price will drop. It's pretty unregulated and decentralized so no one controls it (or so they say).

Demand and supply like in basic economics. However, other factors e.g. announcements from relevant speakers or government decisions could affect the willingness of people to sell or buy

I am working with it for a small period of time but still I am looking for the question too. I sings it surprise on the market are created by supply and demand. And how people respond for it.

If I think, whether this is true or not that determines and makes the bitcoin price is a bitcoin trader. how not, the bitcoin price follows a person when he charges the price, at what price they will sell and buy Bitcoin. that's where bitcoin prices are created, up and down and high susai with people who transact at that time.

according to my personal observations, so far the ones creating bitcoin prices are the bitcoin holders themselves.

Bitcoin's cost is being influenced by the methods for free market activity. Its holders and purchasers are individuals which makes its esteem higher or lower. Accordingly, if a rich gathering of whales chosen to put resources into bitcoin, it can affect aggressive yet in the event that some chose to offer their bitcoin, it could influence bitcoin contrarily.

the bitcoin price is determined by the system. For example, if more and more people buy bitcoin the price will be more expensive. if there is a lot of selling bitcoin, the price will go down. or maybe dependent on news, usually bad news that often makes bitcoin prices down. but that's just my opinion. do not know if anyone can control and manipulate bitcoin prices.

I think those who involves in bitcoin makes the price of bitcoin. As you can see the price falls hard though many are getting involve in it everyday but do not know the risk it has are become scared to lose because the price goes down and many are contributed on the fall because of that. Instead of helping to increase the price, it turns the be more volatile.

I think external influences such as government decisions and stakeholders also cause some major influence in determining Bitcoin prices.
This is basically due to the demand and supply of bitcoin, this causes price fluctuations and has little to go with the difficulties and the miners.

As per my knowledge demand and supply fixes the price of Bitcoin. If the demand and supply is high then the price will go up, if the demand and supply is low then the price will come down. Apart from the demand and supply concept the whales sells or buys huge bucket of Bitcoins and manipulate the price according their wish. As I know there is no other reason for price fixing of Bitcoin as the facotor.

Basically the price is all dependent on people's decision. But whales has really the ability to make the price change in sudden. Price is also regulated by the development team and big holders. The basic principle of supply and demands applies in the creation of bitcoin value. But no one has really the full control over bitcoin price, it can be regulated but never be manipulated.

Bitcoin prices are determined by the decision of the people who exchange in a market by the number of supply and demands that occur. So it creates a different value from the decisions of the people who do it.

The pat capital of 21 million Bitcoin is circulated around the world through virtual digital system. And because of the good feature of Bitcoin many investors are incourage to invest of Bitcoin that is why price value of Bitcoin is like a bubble because of the IN and OUT movement of traders a traders and investors.

Market place is disordered the all price. Market place is connect with all business process. If market price is go down it affect the share market price. So market place is important of all price list. So before invest any coin. Check the market price. Then choose the best coin then invest. It connect with other country business and people. So if want to any information market place is right choice to gather more information. But market price is any time to change. So you follow the market place price day by day.

Mostly the decisions of whales who really make the value so affected, the directions is relied from the bag holders which directions they made investors and traders have no choice but to wait and follow the flow and take advantage of every opportunities.

At present, BTC prices depend on supply and demand in the market, and the supply and demand depend on each of us as an individual living in another country that will not be able to grasp their trends accurately.

Bitcoin prices depend on holders and trader. Holder keeps the market stable and reduces the supply of Bitcoin to traded. Traders are the ones that can make Bitcoin prices move, and affect its movement.

Bitcoin's price solely depends on its supply and demand, and no one decides what its price will be. When its supply is low and the demand is high, then its price will rise and vise versa. Also, its price is very unpredictable because its price changes from time to time.

Those who have Bitcoin can effect price. So the movements seen in the price are the reflection of what most people think. But, as the value of market is not very big, sometimes we can see big changes in price in 1 minute.

I think that is the number of requests. Why do I say that? because it is clear that the value of the current bitcoin is due to the large and limited number of requests. Maybe this is what makes the bitcoin price. Everybody trades buy and sell. Maybe that's my opinion, sorry if my opinion is wrong.

Social media is able to make big impact upon bitcoin prices. As bitcoin is far more dependent on News than on fundamental or technical analysis, people tend to manipulate the prices by giving false and fake news. So we should be careful and always verify the source of the news.

The bitcoin price is highly volatile and that is because of things crash in the long-term value deciding variable in the short term value deciding variables, the long-term variables is that of government interactions on the term of their diplomatic policies

Bitcoin is a digital currency and their are many thing which hell to increase its price. First of all is investment. After seeing the profits of bitcoin many people try to connect with it and invest in it and this thing help to increase its price. Many big companies like Microsoft, Samsung, KFC were start using cryptocurrency for their various purposes and this thing help also help it to increase its price. Their are many people used bitcoin for its transactions facility and for other advantages and those thing also help to increase its price.

if there is any negative news about bitcoin, but from bitcoin holders are not affected by the bad news, I think bitcoin will not have any impact, in fact I think the bitcoin is unstable because of the big sales from the investors

which makes bitcoin prices from buyers and sellers alone, bitcoin prices can be very expensive because they know they will not sell their bitcoins at low prices because bitcoins have a very limited supply.

The price of BTC must be controlled by people with large capital or many BTC. They may also want to buy a large number of BTC when the price is low.

If a price increases or decrease smoothly - this happens when players are able to buy bitcoins.
If the price falls or rises sharply - it's a simple pump.

Bitcoin is decentralized and demand and supply are very influential on bitcoin prices. Bitcoin prices can fall low because many are selling. But the market is sure to stabilize and bitcoin prices will increase again.

Of course, it depends mainly on the supply and demand rule, but there are many external factors that are equally important. Such as government, organizations, whales, etc ...

Besides supply and demand, the policies of major economies also affect the price of bitcoin. The SEC's decision is a testimony to that. The supply isn't significant at present but the demand is affected by negative sentiment.

Whether one bitcoin is worth $ 5,000 or $ 10,000 here determines both demand and online media activity and the world's bitcoin news system as such. Yes, the factors that affect the price of one bitcoin, there are several, but the most prominent is the interest of potential buyers or such miners. From time to time, however, the price of bitcoins, often under the influence of speculation, may suddenly rise or fall sharply. I think the price is determined by us, buyers or bitcoin sellers.

It depends on traders, those who make prices up or down and they buy coins and sell coins, because that's where we see the price to seek profits in investing, the rest you have to understand more about the world of cryptocurrency how   ;)

The price of bitcoin is determined by those who have an interest in a transaction, namely the seller and the buyer. When there is a bargaining transaction between the two, then an agreement between them's created which we usually call DEAL. So, DEAL is the determinant of the beginning of the birth of a price.

The price of bitcoins is created by the investors ,the value in the market will be always depending on supply and demand so patience is more important in the market rather than strategy.

We, the investors make the price of BTC.More the investors more will be the market value of BTC.Some panic sellers surely affect the price of BTC.They need to stay calm and wait for the best suitable time to sell the coins.Investors with large capital majorily affect the price of BTC.Last months a major downfall in the price was seen only because the investors done panic selling.

The supply today is obviously increasing so the market prices are decreasing , the best thing to do is just invest a huge amount in order to earn more profit when the market prices goes back to normal.

I think that making the price of bitcoin is purely from the demand and sales that are currently very influential from the movement of bitcoin prices.

Yes I agree with you. The price bitcoin will depend to the Market. We are also part of the market. There are also some factors that can change the price like the economy of this industry.

I think it depends on the demand. Our demand sets the price of bitcoin and even other cryptocurrency even in the assets in physical world. Traders, Investors like us could have a big impact upon making price of any coins, besides prohibition could have an impact as well.

It is the law of supply because the more deman in bitcoin the more value will increase but the more supply increase then the low price value will happen .

bitcoin was invented by satoshi nakamoto , thats why he is also the one who  gave price to it and then we people make it more even big because bitcoin got our interest due to its usefulness .

but basically we regular people cant realy make a difference about the price not unlike to whales . so specifally , whales are the ones that really controll or made a value to bitcoin becuase they do have a lot of money to spend with .

You're right, friend. Only high demand and supply which makes the price of bitcoin change whether it goes down or increases in a significant way. Well, now all the best cryptocurrency prices are plunging, let's buy as much as you can, increase your contribution for the sake of growing the value of cryptocurrency.

Whether it's bitcoin or other cryptocurrencies, their prices depend on purchasing power, and the altcoin is very susceptible to some whales/sharks!

Well, right depends on the active purchase the demands and supply which makes price of bitcoin fluctuates. It makes bitcoin price could continue to increase or decrease so the users itself at all.