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Author Topic: What determines the price of btc: information or charts  (Read 200 times)
monocrypto
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September 06, 2018, 10:26:34 PM
 #21

Actually the price of ups and downs of Bitcoin depends on all of us. If we want Bitcoin to drop dramatically, then we just sell Bitcoin on a large scale and together, the price of Bitcoin will automatically drop. If you want to increase the price of bitcoin, then you can buy Bitcoin simultaneously when the price of Bitcoin falls, so that will push the price of Bitcoin back up.
markieeeloy
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September 07, 2018, 08:11:10 AM
 #22

Totally for the information. The charts are completely useless if the bitcoin has a negative information, then the aftershock of it is devastation. Charts can only be used for monitoring and price prediction. Whereas the information, totally relies on the life of the coin.

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Gromx
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September 07, 2018, 08:26:39 AM
 #23

Can you tell me what affects the price of btc ?
Why is the price up or down?
Most of you would advise me to learn how to read charts.
So the price of btc up or down depends on the chart ?
Bad news is over, why btc prices can not increase again? The fear of new investors may be a reason. Since btc is not a real company, we can not have financial statements to buy or sale.
Price up from 6k to 7k this morning. why the price go up ? i'm confused now.
For many, most of the answers to your questions remain a mystery.We can say only one thing-the market is dependent on the news and is highly susceptible to manipulation. No one knows exactly what someone tomorrow, for example, may again bring down the price!
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