bitcoincasino.info (OP)
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March 23, 2015, 02:59:12 PM |
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Bitcoins are something you read about daily, so you know their price is subject to volatility. But have you ever questioned yourself what are the reasons behind it? - Read full article HERE
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s.mouse
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March 23, 2015, 03:20:03 PM |
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I think it simply boils down to supply and demand. If people are paying less and buying less the price goes down. If more people buy the price will go up. When demand outweighs supply the price goes up drastically until it finally balances out and the cycles eventually continues.
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Undermood
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March 23, 2015, 03:22:14 PM |
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Bitquant suggests that the value of the cryptocurrency in fact largely depends on users’ desire to accumulate it. Bases on economic theory, the supply and demand of the bitcoin decide the price of it!more transactions mean more ppl buy it than the ppl who sell it! Then the price is on the uptrend, and vice verse!
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krigger
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Presale is live!
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March 23, 2015, 03:36:51 PM |
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Reasons? Ok, here: - major reason is sale-buy relationship - side reason that can affect price is fiat of people who wants in and out - altcoins can affect price if exchanger have them enabled in exchange about bitcoin-altcoin and reverse ratio - large amounts exchange and many other facts and factors.
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cryptojumper
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March 30, 2015, 02:40:24 PM |
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maybe a recent price decline is due to too many new bitcoins mined and too few new people that would like to buy them, and if that's the case it may get even worse..
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BillyBobZorton
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March 30, 2015, 04:12:55 PM |
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Bitquant suggests that the value of the cryptocurrency in fact largely depends on users’ desire to accumulate it. Bases on economic theory, the supply and demand of the bitcoin decide the price of it!more transactions mean more ppl buy it than the ppl who sell it! Then the price is on the uptrend, and vice verse! it's classic supply and demand but the current state of things allows for big time whales to manipulate the price at will. We need more people to counteract this.
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loan4
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March 31, 2015, 01:46:36 AM |
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I really didn't know that. What influences BTC prices? I will be here to learn about it
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Highdmund
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March 31, 2015, 09:54:15 AM |
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Since it is a decentralized money System, which is not attached to any other asset or controlled by any government, it is really hard to evaluate the right price of a Bitcoin and the Market is still very inefficient.
There is a lack of Market-infrastructure since currency investors have no easy way to bet against Bitcoin’s appreciation, skeptics can only watch as optimists trade the currency among themselves at ever-rising prices.This is what happened in 2014 when Bitcoin peaked.
Now with all the consecutive Market failures and the lack of regulatory framework people start to doubt about the viablity of Bitcoin in our current Monetary System. The adoption of the Bitcoin by the mainstream, or businesses, will determine the viability and future prices of Bitcoins.
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johnyj
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Beyond Imagination
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March 31, 2015, 10:49:10 AM Last edit: March 31, 2015, 06:42:39 PM by johnyj |
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To any country, bitcoin is like a foreign currency, and on foreign currency exchange FOREX, 70-90% of volume is speculation, so its price is mainly decided by speculation, it will not cause recession since there are other currencies can be used to do the trade if bitcoin becomes more and more valuable
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MarkMJ
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March 31, 2015, 11:00:20 AM |
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Hello,
Bitcoin is a weard coin and will stay weard Is up and down every time when a website is up or down so I think this is a bitcoin weard.
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I'm RED and that's GOOD, i will never be GREEN and that's not BAD! there's no one i'd rather be than me. DEV for cryptocurrency but I HATE forks
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Amph
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April 01, 2015, 09:45:44 AM |
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the reason is simple, whales playing with the market
this is why adoption is needed, having few people with 10k coins each , can only lead to volatility and manipulation
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dothebeats
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April 01, 2015, 01:22:30 PM |
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the reason is simple, whales playing with the market
this is why adoption is needed, having few people with 10k coins each , can only lead to volatility and manipulation
And they're definitely enjoying the game they made all by themselves. Put in a large amount of new players (or adopters), even the small fishes, then definitely this whales will feel to weak against several schools roaming around their once controlled ecosystem.
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Bitcoiner2015
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April 01, 2015, 01:55:14 PM |
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the reason is simple, whales playing with the market
this is why adoption is needed, having few people with 10k coins each , can only lead to volatility and manipulation
And they're definitely enjoying the game they made all by themselves. Put in a large amount of new players (or adopters), even the small fishes, then definitely this whales will feel to weak against several schools roaming around their once controlled ecosystem. THEY influence the price! TPTB, the ones who have the stock markets high and gold/silver low!
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Q7
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April 01, 2015, 02:24:02 PM |
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I don't know about the rest but for me it still goes back to the supply and demand factor. Don't forget these days, the price has been heavily manipulated because of margin trading that allows trader to hedge their bet several times higher. So eventually whatever price we see right now will fall back to the correct level as dictated by its fundamental basics.
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arallmuus
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April 01, 2015, 02:33:57 PM |
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the reason is simple, whales playing with the market
this is why adoption is needed, having few people with 10k coins each , can only lead to volatility and manipulation
And they're definitely enjoying the game they made all by themselves. Put in a large amount of new players (or adopters), even the small fishes, then definitely this whales will feel to weak against several schools roaming around their once controlled ecosystem. THEY influence the price! TPTB, the ones who have the stock markets high and gold/silver low! the influence will keep on happening even if there are thousand of new adopters, because a whale actually didnt work alone but consist of a group of few whale, 10k coins + bot cant actually manipulate the price if you work alone, a group, then yes it can be easily manipulate And dont forget the actual cause of the volatility will be that there isnt actually a demand yet for bitcoin, so instead of treating it like a stock which has some fixed value, people actually treat bitcoin to be a trading instrumental, because the volatility is great and trader love it
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dothebeats
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April 01, 2015, 04:41:27 PM |
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the reason is simple, whales playing with the market
this is why adoption is needed, having few people with 10k coins each , can only lead to volatility and manipulation
And they're definitely enjoying the game they made all by themselves. Put in a large amount of new players (or adopters), even the small fishes, then definitely this whales will feel to weak against several schools roaming around their once controlled ecosystem. THEY influence the price! TPTB, the ones who have the stock markets high and gold/silver low! the influence will keep on happening even if there are thousand of new adopters, because a whale actually didnt work alone but consist of a group of few whale, 10k coins + bot cant actually manipulate the price if you work alone, a group, then yes it can be easily manipulate And dont forget the actual cause of the volatility will be that there isnt actually a demand yet for bitcoin, so instead of treating it like a stock which has some fixed value, people actually treat bitcoin to be a trading instrumental, because the volatility is great and trader love it Yes. A whale or a group of whales can cause some serious ripples in the water, but not all whales move synchronized. The contrasting ideas and actions of two whales (or even different groups of whales) can again cause some serious disturbances in an ecosystem. There goes those weenie fishes swimming around, hoping to fit in this new kind of environment. A whale can drive the price down, yes, but if there is enough support coming from a multitude of small fishes, then the result should be somewhat minimal, as the forces of the multitude fishes opposes the power of one single Moby Dick. But what about group of whales? Well that is another question. If bitcoin sees serious massive adoption, then these whales can have their forces decreased, but still they can affect the markets significantly. The different forces that affects the markets are somewhat complicated to understand--which makes it more interesting to see what's in store for bitcoin given that there are whales and fishes that swim around this ever-growing ecosystem.
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Amph
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April 01, 2015, 05:06:02 PM |
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the reason is simple, whales playing with the market
this is why adoption is needed, having few people with 10k coins each , can only lead to volatility and manipulation
And they're definitely enjoying the game they made all by themselves. Put in a large amount of new players (or adopters), even the small fishes, then definitely this whales will feel to weak against several schools roaming around their once controlled ecosystem. i think now there no more fish to suck them money, it's pure whales war, this is why the price is stuck there with few up and down from time to time
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dothebeats
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April 01, 2015, 06:26:56 PM |
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the reason is simple, whales playing with the market
this is why adoption is needed, having few people with 10k coins each , can only lead to volatility and manipulation
And they're definitely enjoying the game they made all by themselves. Put in a large amount of new players (or adopters), even the small fishes, then definitely this whales will feel to weak against several schools roaming around their once controlled ecosystem. i think now there no more fish to suck them money, it's pure whales war, this is why the price is stuck there with few up and down from time to time No good news or anything that falls within the same line though, so I guess the markets are a bit calm. One good news may start a hype on the masses then we will see again, a sudden influx of new users hoping to "get rich" in this roller coaster ride. Unfortunately, those newcomers know nothing about this "whales" and stuff/ When they get to experience what the whales are capable of, they end up shouting fuds and false claims like "bitcoin is dead." Well, we cannot avoid the occurrence of big players in any market available, so we might as well stick to it and play their games too.
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Minerjoe
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April 01, 2015, 07:04:57 PM |
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I think it simply boils down to supply and demand. If people are paying less and buying less the price goes down. If more people buy the price will go up. When demand outweighs supply the price goes up drastically until it finally balances out and the cycles eventually continues.
+1 No major theory behind this. 3500 new BTC created every day. If demand s over that, the price goes up, if under, the price s go down. Simple. In addition to every day speculators.
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dothebeats
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April 01, 2015, 07:20:25 PM |
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I think it simply boils down to supply and demand. If people are paying less and buying less the price goes down. If more people buy the price will go up. When demand outweighs supply the price goes up drastically until it finally balances out and the cycles eventually continues.
+1 No major theory behind this. 3500 new BTC created every day. If demand s over that, the price goes up, if under, the price s go down. Simple. In addition to every day speculators. But isn't it a different story if the supply and demand are controlled by only a few people? If the supply is outweighed by demands, then surely prices go up. If a group of people created this pressure to the selling side, isn't it a different story than the basic supply and demand idea? Same concept, yes, but different cause and effect, I guess.
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