What influences the Bitcoin marketplace?

[Gotottack]

The currencies of the world are affected by many different parameters such as politics, economy, wars. The value of the money also shows up and down according to these parameters.

What are the parameters that affect bitcoin?

It all requires some research and analysis, but I'm concerned that the parameters that affect the bitcoin is mining. Where once every 4 years from the growth of the bitCoin's getting high and it makes their already save a lot the year before bitcoin benefit greatly. But it's not just mining, but I also see that the parameters of the bitcoin also depends on the market for enthusiasts using bitcoin

It's not about mining. Bitcoin prices are brought about how much people perceive the value of bitcoins is. Because bitcoin has no equivalent in gold like how fiat currency is, it is just plainly driven by how much people want to pay for it. Hence, you can forget about research and analysis. Just read the news and every time you see bitcoins becoming more popular and accepted, then expect a price increase.

[Darwintas]

The worth of the Bitcoin are brought about how much people buy Bitcoins. Bitcoin it self has no worth.
And the worth of the Bitcoin keeps getting higher because more people are using the Bitcoin and are buying more Bitcoins.

[traderMax]

The currencies of the world are affected by many different parameters such as politics, economy, wars. The value of the money also shows up and down according to these parameters.

What are the parameters that affect bitcoin?

It all requires some research and analysis, but I'm concerned that the parameters that affect the bitcoin is mining. Where once every 4 years from the growth of the bitCoin's getting high and it makes their already save a lot the year before bitcoin benefit greatly. But it's not just mining, but I also see that the parameters of the bitcoin also depends on the market for enthusiasts using bitcoin

According to me, as in all other investment instruments, supply and demand are determined at the price of bitcoin.

I do not think your mining affects the price of bitcoin. How does mining affect the price of bitcoin?

[xuan87]

The only parameter for bitcoin price is demand and supply, because bitcoin is decentralized, so nobody can control it, no economics rumour or other rumour can affected bitcoin price, the market demand and supply and the transaction rate are the only factor that going to determine the price

[Jasad]

The only parameter for bitcoin price is demand and supply, because bitcoin is decentralized, so nobody can control it, no economics rumour or other rumour can affected bitcoin price, the market demand and supply and the transaction rate are the only factor that going to determine the price

economics roumours ofcourse have a huge influence ,
you think when a country get banned to cash out their money and decide to buy bitcoin , will not affected to the demand?
a lot of factors actually could push and drop bitcoin price .

[ufaiz50]

The only parameter for bitcoin price is demand and supply, because bitcoin is decentralized, so nobody can control it, no economics rumour or other rumour can affected bitcoin price, the market demand and supply and the transaction rate are the only factor that going to determine the price

economics roumours ofcourse have a huge influence ,
you think when a country get banned to cash out their money and decide to buy bitcoin , will not affected to the demand?
a lot of factors actually could push and drop bitcoin price .

bitcoin prices fluctuate due to the decentralized bitcoin where prices are determined by supply and demand, you say is is there are many factors that could push demand for bitcoin and drop though indirectly affect the price of bitcoin but absolute is the supply and demand

[Mbah Tyo]

parameter is the bitcoin users themselves, more and more users bitcoin bitcoin sell its price will automatically go down automatically when the user but does not sell then hold for more bitcoin prices climb, bitcoin can not control and control

[blackhawkeye1912]

The currencies of the world are affected by many different parameters such as politics, economy, wars. The value of the money also shows up and down according to these parameters.

What are the parameters that affect bitcoin?

I think in every nation it depends on the principle they have in their laws whether its good or bad in their economy market it can affect the volume market of bitcoins too.

[error08]

The only parameter for bitcoin price is demand and supply, because bitcoin is decentralized, so nobody can control it, no economics rumour or other rumour can affected bitcoin price, the market demand and supply and the transaction rate are the only factor that going to determine the price

Simple explanation maybe : supply and demand.
Naturally, bitcoin supply always decrease but demand of it continues to increase which causes bitcoin price rises.
But, Bitcoin price also affected by whether local or global market issues/events such as ETF news, bitcoin market in Japan, merchants accepted bitcoin payment in some countries or exchanges regulated in USA and recently in China. All of those factors affecting bitcoin market obviously.

[hase0278]

Mainly, the bitcoin's price is influenced by supply and demand. Although it is influenced by supply and demand, it can be influenced by other factors too. Happenings in the real world also affects bitcoin like trump getting elected so in short, it can be affected by politics too in some way. Supply and demand sometimes can be manipulated by the news too so news influence bitcoin market too and is a big part to consider in analyzing bitcoin's price movements in the future.