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What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read: 1. Bitcoin supply and increasing/decreasing demand 2. Bitcoin in news: Influence of media on garnering negative and positive publicity 3.Bitcoin users and developers influence the rise and fall of price. 4.New technological changes to Bitcoin For discussion for the above mentioned. You can check this link: https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894How about you? can you add more factor that can affect the price of the bitcoin? Comment below. Wow it's a nice topic mate, all the factors you stated above are to be considered why the price of the bitcoin are highly volatile. This topic can helps to our newbie to know the factors that can affect to the bitcoin price. And for me it's a big contributor the supply and demand of the market because if there is a changes of the supply and demand of the market the price of the bitcoin will change too. Thanks for considering. I always saw in Bitcoin discussion about bitcoin might die or bitcoin price is down and so on... but I think the best way to understand the price movement and to understand what risk we are in. Is to understand the basic concept of economics. Since, economics really affect bitcoin prices and its stability.
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yes I agree it is the main factor affecting the fluctuation of bitcoin. I will add it I think the amount of bitcoin volume in circulation today is very small when compared with the amount of circulation of gold and USD. and if anyone buys bitcoin in large quantities it can certainly affect bitcoin. And speculation of bitcoin traders can also affect bitcoin.
Hi, I think if the amount of bitcoin that is in circulation today is very small the price should be raising. Compared to USD and GOLD, Bitcoin can be easily the mine using your computer and some other tools and it just takes time to have more from it. Gold is widely considered to be an effective hedge against inflation, which means that when the dollar depreciates, demand for gold increases. Unlike the bitcoin, Gold and Dollars has limits in volume and Bitcoin is limitless unless computation per data will stop or the bitcoin mining will stop. All of this that I am talking is related to supply and demand.
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What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read: 1. Bitcoin supply and increasing/decreasing demand 2. Bitcoin in news: Influence of media on garnering negative and positive publicity 3.Bitcoin users and developers influence the rise and fall of price. 4.New technological changes to Bitcoin For discussion for the above mentioned. You can check this link: https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894How about you? can you add more factor that can affect the price of the bitcoin? Comment below.
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Buy bitcoin when he price is at dip. You can check its price history in google. If you think the price is much more lesser than the previous one then you can buy it.
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If this could stop bitcoin to be used in illegal ways. why not! if this means that I have my security and my freedom why not. I really depends on how you will see our government would be acting. But for me, this is a good way to tighten our security especially this is a cryptocurrency.
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So they are making there own crypto for uber transaction? Why is that there are so many rich people wanted to make there own digital money or cryptocurrency? why don't they support the current leading currency right now (that is Bitcoin) and make it improve for the better future.
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I really want to travel all around the world, when i gets old and i have enough money save i would really love to travel with my wife in different places in the world and try there foods.
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I dont believe them actually, because its been so many years yet theories are is theory and no one ever prove yet that they exist so right now i only knew that we are alone in the universe.
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They are a good Jrock Band which you can easily get groove on and their song is morelikely english so you can understand most of the songs they have.
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I only visit one crypto site daily and that is bitcointalk because this site only give me bitcoins, other sites are just scam and I've spent so many time here in bitcoin talk and i want to focus here rather than the other sites.
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You should watch Monter Hunt 2 its an Amazing movie to watch.
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For me the only thing that can save you is yourself no matter what religion you are, because we have our own life and whatever we do to it we are the one who can save it either bring it to bad things or good its up to us.
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I think thats not possible to happen because one thing different between electric car and petrol car i the speed, even though you save a lot of energy in electric car still you can't achieved the speed of a petrol car.
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Sometimes i buy online when i can't find the item on the mall but i rarely buy things online because its to expensive for me, I'll rather walk to mall rather than by expensive things online.
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I buy bitcoin as my savings, i usually don't do trading so i only transfer my bitcoin when i need something important or there is an emergency, because i don't have enough money to buy high amount of bitcoin i simply use my extra money for it.
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For me Asus Zenfone is the best and cheap smartphone, because im so fan of gaming thats why i need better phone to play asus is the best
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Hindi naman nya binanggit kung sino sino ang head nung mga nag sscam. Baka gawa gawa lang nya na estorya. Inexplain lang nya kung pano yung Ponzi skim. Pero talaga minention kung sino yung mga tao. haha.
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It may or may not boost your income.
Please note:
Income: money received, especially on a regular basis, for work or through investments.
bitcoin has a volatile price movement that why you can earn profit from this or not through investment. But, you can earn here in this forum if you are joining any signature campaign and bounty campaign. So in this sense, You can earn the bitcoin and can use it to your necessities. However, signature campaign and bounty campaign does not hold you forever even your doing a great job and following there rules since it will only last for a month.
I wont think this is a best choice for a main income. You can have your own business or full time job to support you in your necessities in a secured way.
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