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Author Topic: bitcoin pricing  (Read 5069 times)
Ahimoth
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June 14, 2017, 07:10:54 AM
 #121

It totally depends on the number of buyers and sellers .The more the number of buyers the price of bitcoins will rise up a lot,whereas when the price of bitcoins goes down it means that the buyers have increased .

Yes that will answer WHO  determines the bitcoin price but the other question is WHAT determines the price.
The demand and the supply determine the value of bitcoin. The value of bitcoin determines the price.
The higher the supply the lower the price. The higher the demand and the supply is low the bitcoin price will go up.
Just like the other real currency does.

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pinggoki
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June 14, 2017, 02:27:58 PM
 #122

what/who determining the price exchange quote for bitcoins?

Supply/demand mainly but beyond that its like the price of anything, there are extra variables and complications with anything you can price.  Bitcoin has such a large space to grow into and its early days is why the swings are so huge.
There are lot of factors that can affect the price of bitcoin to change. The fluctuations of supply and demand of bitcoin is the main factor that can affect the price of bitcoin to change. I guess that the number of people who buy or have bitcoin also can affect the price to change, however the most thing that can affect the bitcoin price it’s the supply and demand of bitcoin in the market.



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June 14, 2017, 02:42:23 PM
 #123

what/who determining the price exchange quote for bitcoins?

Supply/demand mainly but beyond that its like the price of anything, there are extra variables and complications with anything you can price.  Bitcoin has such a large space to grow into and its early days is why the swings are so huge.
Also the people who are entering the world of cryprocurrency. It has a big effect to increase or decrease the price of the btc. Many big investors are now investing in the world of crypto. But the main answer is the supply and the demand.

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June 14, 2017, 03:57:49 PM
 #124

It depends on the number of users of bitcoins, more the users (demand would be more) more the price will rise. Worth of any currency depends upon its circulation in the market and its use.



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June 14, 2017, 04:23:27 PM
 #125

what/who determining the price exchange quote for bitcoins?
It depends on the demand and supply of bitcoin. The price increases when the bitcoin demand is decreased because of the people who wants to buy it. When the bitcoin was sold, the supply is the outcome. It could be balanced to make sure that the price increase because of the demand, then the price will decrease if the supply is proper. You can own a bitcoin if there has a supply in the blockchain. It is the same story in the real life. There will be a million reason for the price increases of bitcoin.


     
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June 14, 2017, 05:02:40 PM
 #126

The answer is Us. What I mean about it is us people who are buyers and sellers of Bitcoin determine its value. We are the ones who are creating the demand for Bitcoin therefore we are the once who dictates the price of Bitcoin. Of course other factors such as technical analysis are all normal when it comes to the change of price of Bitcoin, but if the demand is strong it will normally adjust or recover on where it should be, price changes due to panic selling is also proof that we control the price of Bitcoin.

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warrior333
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June 14, 2017, 05:09:12 PM
 #127

The answer is Us. What I mean about it is us people who are buyers and sellers of Bitcoin determine its value. We are the ones who are creating the demand for Bitcoin therefore we are the once who dictates the price of Bitcoin. Of course other factors such as technical analysis are all normal when it comes to the change of price of Bitcoin, but if the demand is strong it will normally adjust or recover on where it should be, price changes due to panic selling is also proof that we control the price of Bitcoin.
How are you going to control the panic? It is not possible. If now the serious whales will begin to sell their stocks of bitcoins, the price will necessarily fall. Small people will not be able to buy bitcoin in such quantities. How to stop this development.

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June 14, 2017, 05:53:29 PM
 #128

The answer is Us. What I mean about it is us people who are buyers and sellers of Bitcoin determine its value. We are the ones who are creating the demand for Bitcoin therefore we are the once who dictates the price of Bitcoin. Of course other factors such as technical analysis are all normal when it comes to the change of price of Bitcoin, but if the demand is strong it will normally adjust or recover on where it should be, price changes due to panic selling is also proof that we control the price of Bitcoin.
How are you going to control the panic? It is not possible. If now the serious whales will begin to sell their stocks of bitcoins, the price will necessarily fall. Small people will not be able to buy bitcoin in such quantities. How to stop this development.
although it is not possible for a single person to stop panic selling. but I am hopeful that even the small investors combine and decide not to sell their bitcoin, I am that they can really give good support to bitcoin . then every the big whale cannot manipulate the price of bitcoin. I think in previous days we have very good example when the price start decreasing but still people are giving support to bitcoin in different level.

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June 15, 2017, 07:31:29 PM
 #129

what/who determining the price exchange quote for bitcoins?

Supply/demand mainly but beyond that its like the price of anything, there are extra variables and complications with anything you can price.  Bitcoin has such a large space to grow into and its early days is why the swings are so huge.
There are lot of factors that can affect the price of bitcoin to change. The fluctuations of supply and demand of bitcoin is the main factor that can affect the price of bitcoin to change. I guess that the number of people who buy or have bitcoin also can affect the price to change, however the most thing that can affect the bitcoin price it’s the supply and demand of bitcoin in the market.
Yes, the main factor of the Bitcoin price change is the demand and the supply law there are many other reasons that are working to influence the Bitcoin price but the only reason that affects the bitcoin price is its demand. Though the current dip of the bitcoin price is due to some other reason and it can never be termed as a crash to the Bitcoin price.



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stevegee58
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June 15, 2017, 07:34:16 PM
 #130

Price has nothing to do with supply and demand.  It's determined by a cabal of oligarchs who meet in secret every day.
( Grin)

You are in a maze of twisty little passages, all alike.
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June 15, 2017, 09:22:48 PM
 #131

It depends on the situation. If the people embraced bitcoin or used bitcoin so that it's well-knowed?  The bitcoin price is increasing. If the bitcoin price is decreases or drop? Maybe, it's a good thing also. Because some of us or other users may purchased another one or more cryptocurrency,

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June 15, 2017, 09:42:32 PM
 #132

Price has nothing to do with supply and demand.  It's determined by a cabal of oligarchs who meet in secret every day.
( Grin)
It has something to do with supply and demand and those oligarchs are manipulating the supply and demand of bitcoin. And after their meeting or whatever the agreement they've done, they will make the demand of bitcoin lesser by selling large quantity of bitcoin that makes the price of bitcoin lower.



.
.BITVEST DICE.
HAS BEEN RELEASED!


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June 15, 2017, 09:47:49 PM
 #133

The community itself is the one that identifies the price of bitcoin and depends on the current market cap and volume of trades that is happening inside the bitcoin hemisphere. And simply the supply and demand of bitcoin is the one that tells what will be the price of bitcoin and it comes out automatically depending on real time updates.

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June 15, 2017, 10:29:30 PM
 #134

The bitcoin users are the ones who control the bitcoin price. The more bitcoin they want, the higher bitcoin will be. Moreover, Bitcoin was strongly affected by the Chinese investors because I have known that there are many Chinese love to buy bitcoin for their future purposes

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coinplus
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June 16, 2017, 06:23:47 AM
 #135

The answer is Us. What I mean about it is us people who are buyers and sellers of Bitcoin determine its value. We are the ones who are creating the demand for Bitcoin therefore we are the once who dictates the price of Bitcoin. Of course other factors such as technical analysis are all normal when it comes to the change of price of Bitcoin, but if the demand is strong it will normally adjust or recover on where it should be, price changes due to panic selling is also proof that we control the price of Bitcoin.
How are you going to control the panic? It is not possible. If now the serious whales will begin to sell their stocks of bitcoins, the price will necessarily fall. Small people will not be able to buy bitcoin in such quantities. How to stop this development.
although it is not possible for a single person to stop panic selling. but I am hopeful that even the small investors combine and decide not to sell their bitcoin, I am that they can really give good support to bitcoin . then every the big whale cannot manipulate the price of bitcoin. I think in previous days we have very good example when the price start decreasing but still people are giving support to bitcoin in different level.
Yes this is true that if the small investors combine for the purpose to not to sell the BTC in this way they can raise a voice for the support of the bitcoin but unfortunately it is not possible to stop the whales from doing so because they are holding a lot more than all the small holders have.

So, the impact of them buying and selling the Bitcoin is clearly visible because when they buy the prices start to pump and when they sell in a huge capacity the price go lower.

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June 16, 2017, 07:36:00 AM
 #136

The bitcoin users are the ones who control the bitcoin price. The more bitcoin they want, the higher bitcoin will be. Moreover, Bitcoin was strongly affected by the Chinese investors because I have known that there are many Chinese love to buy bitcoin for their future purposes


Certainly with growth of large investors who are involved with investments in bitcoin, this will have a major impact on fluctuations in bitcoin prices that may be currently experiencing a decline.
But it seems now is the right time to buy bitcoin in the hope that the next few months bitcoin prices will increase again.

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June 16, 2017, 01:53:14 PM
 #137

The bitcoin users are the ones who control the bitcoin price. The more bitcoin they want, the higher bitcoin will be. Moreover, Bitcoin was strongly affected by the Chinese investors because I have known that there are many Chinese love to buy bitcoin for their future purposes


Certainly with growth of large investors who are involved with investments in bitcoin, this will have a major impact on fluctuations in bitcoin prices that may be currently experiencing a decline.
But it seems now is the right time to buy bitcoin in the hope that the next few months bitcoin prices will increase again.

Or in other words, Bitcoin's price depends on the demand. The higher the demand would be, the higher the price. With increasing number of people who are using Bitcoin then we can see how the price would grow because it simply means that there will be a lot more demand. Unlike the fiats which are centralized and can control the supply of it in order to make it stabilize, Bitcoin on the other hand has a limited supply making it more valuable and prone to volatility though you can earn profit from it if you treat it well.
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June 16, 2017, 02:12:44 PM
 #138

The bitcoin price is depend on the supply demand on the market so basically the price manipulator can be the users or investors of bitcoin that have a big amount of bitcoin in their pocket because they are the one who can manipulate the market.


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que91
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June 16, 2017, 03:43:11 PM
 #139

The bitcoin price is depend on the supply demand on the market so basically the price manipulator can be the users or investors of bitcoin that have a big amount of bitcoin in their pocket because they are the one who can manipulate the market.
Well, maybe some people is whale or have huge money, they want control the market and create a wave breakdown the price of Bitcoin. Then, more people looked this signal and short it in bulk. Final, the chicken and pig in market scared it, they will sell Bitcoin and random create panic seller Smiley

PokerFace3
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June 16, 2017, 06:52:41 PM
 #140

what/who determining the price exchange quote for bitcoins?
It depends on the demand and supply of bitcoin. The price increases when the bitcoin demand is decreased because of the people who wants to buy it. When the bitcoin was sold, the supply is the outcome. It could be balanced to make sure that the price increase because of the demand, then the price will decrease if the supply is proper. You can own a bitcoin if there has a supply in the blockchain. It is the same story in the real life. There will be a million reason for the price increases of bitcoin.
Are you sure that the price of bitcoin increase with the decrease in its demand ?
It really is something new for me to know because the universal law of supply and demand is just the opposite of what you said the school from where you learned it must be awarded an iconic position Lol.

There are many reasons for the bitcoin price fluctuation no doubt but the one you have said can never be a reason for the price increase.
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