Bitcoin Forum
May 26, 2024, 04:32:21 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 [9]  All
  Print  
Author Topic: who controls the bitcoin price?  (Read 1556 times)
kecha1
Newbie
*
Offline Offline

Activity: 44
Merit: 0


View Profile
March 24, 2021, 09:50:57 AM
 #161

No one really. Investors only partially influence the price.
conected
Hero Member
*****
Offline Offline

Activity: 1302
Merit: 503



View Profile
March 24, 2021, 04:54:12 PM
 #162

They said Big Whales can control price of Bitcoin and can manipulate the price of Bitcoin, but i think no one can prove that, if they invest a lot of bitcoin they can't manipulate also because many people have also bitcoin in their wallet. Whether they control it or not just go with the  flow, when Bitcoin rise sell it and if Bitcoin goes down, buy it too.
- It is hard to prove this but sometimes looking at some unusual changes is enough to make us doubt control, Bitcoin is probably in many people's wallets but they are not groups of consensus, they are just individuals who like to independently make money in the crypto market, they may even be the proponents of the whale group. Whales are unified organizations of opinion, they make a strong impact on the market, independent players stick to this idea, it's too normal to control the price of bitcoin as these mobs have tacitly understood each other


             ▄▆▆▄
           ▄████████▄
        ▄██████████████▄
     ▄███████      ███████▄
  ▄███████            ███████▄
███████                  ███████
█████▀                    ▀▀██▀
█████
█████                       ▄▆█
█████                   ▆██████
█████                   ████████
  ▀█                   █▀ ▐████
▄                          ▐████
██▆▄▄                    ▄█████
███████                  ███████
  ▀███████            ███████▀
     ▀███████      ███████▀
        ▀██████████████▀
           ▀████████▀

. Graphene Airdrop Coming Soon by Phore .
  █████████████████████████████
███████████████████████████████
████████████████████████████████
████████████████████████████████
████████████████████████████████
████████████████████████████████
█████████               ████████
█████████               ████████
█████████               ████████
█████████               ████████
█████████               ████████
█████████           ▅▆████████▌
█████████     ▅▅▆████████████▌
█████████▆█████████████████████
████████████████████████████████
██████████████████████████████▀
██████████████████████▀▀▀
████████████████▀▀▀
█████████▀▀
█████████
█████████
choechristian00
Jr. Member
*
Offline Offline

Activity: 34
Merit: 1


View Profile
April 09, 2021, 04:44:54 AM
 #163

No one can control the bitcoin price.

It's controlled by a huge supply chain and public demand and availability of bitcoin, when bitcoin demand high then automatically increases the price and demand are less then the price is decreased.
Sanugarid
Full Member
***
Offline Offline

Activity: 1442
Merit: 153


★Bitvest.io★ Play Plinko or Invest!


View Profile
April 09, 2021, 08:16:52 AM
 #164

well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?

i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers

As far as I know, supply and demand determined the price of BTC in the market for a certain period of time. All of the factors you've mentioned lie under the law of supply and demand. If the number of people wants to buy BTC increases, the price will increase and vice versa. Also, Bitcoin Miners brings up a significant effect on the market price. When supply increases, market price decreases.

molsewid
Hero Member
*****
Offline Offline

Activity: 2170
Merit: 530


View Profile
April 09, 2021, 02:38:31 PM
 #165


As far as I know, supply and demand determined the price of BTC in the market for a certain period of time. All of the factors you've mentioned lie under the law of supply and demand. If the number of people wants to buy BTC increases, the price will increase and vice versa. Also, Bitcoin Miners brings up a significant effect on the market price. When supply increases, market price decreases.
As i do believe about the law of supply and demand also. Whales couldn't make a big impact to the bitcoin's price if the supply of bitcoin in the market was abundant. And I guess the law of supply and demand are the basis of any project moderatos that is why they are burned their tokens once the supply in the market was too much and ther market demand was too low. But the above mentioned still we the community, the investors, every single person and not as the big whales only can have an impact to the bitcoins price.
Renampun
Sr. Member
****
Offline Offline

Activity: 2310
Merit: 362


★Bitvest.io★ Play Plinko or Invest!


View Profile WWW
April 09, 2021, 03:28:25 PM
 #166

...
the conclusion of everything you say is 'bitcoin price is controlled by all Bitcoin traders'...
small traders also have a role in controlling the Bitcoin price. Bitcoin price is the same as the price of other investment assets which will continue to be influenced by sellers and buyers.



BIG WINNER!
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
Pages: « 1 2 3 4 5 6 7 8 [9]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!