wikenpp
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January 13, 2016, 11:08:22 AM |
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Normally it would be news, but these days some new actors are active on this market. I still think/hope some positive has some influence, since it would be crazy if we should depend on whales to move the price.
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fearlesscat10
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January 13, 2016, 02:31:19 PM |
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For stock exchanges, situations like what happened in Paris with the terrorism attack,means changes in the prices of the stocks, but due to bitcoin is kind of different, for you, what do you have to be in mind when you speculate about the price? I mean, what type of news or kind of doings, you have to keep in your mind to get winner in the bitcoin transactions?
One word - China. Since the day one, Chinese users move the price. Also, I expect this upcoming block halving to move the price up, big time. However, we still have a few months until this kicks in. Had the same thinking. China is the one which decides the price. Now also the china market has fallen a bit high when compared to other countries.This has lead to a decrease in the value of bitcoin. No matter who decides it should benefit humans. Agreed. Incidents like Mt. Gox and Silk Road should also be noted.
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randy8777
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January 13, 2016, 03:24:58 PM |
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Normally it would be news, but these days some new actors are active on this market. I still think/hope some positive has some influence, since it would be crazy if we should depend on whales to move the price.
news has barely any impact anymore on the price. only very bad news can impact the price in a bad way. hacked exchanges, governments seizing/freezing all funds of the exchanges and such. at this point the only news that can affect the bitcoin price in a good way is when we find a solution for the block size. then you'll see a pump happen.
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pickupcoin
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January 14, 2016, 05:28:27 PM |
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For stock exchanges, situations like what happened in Paris with the terrorism attack,means changes in the prices of the stocks, but due to bitcoin is kind of different, for you, what do you have to be in mind when you speculate about the price? I mean, what type of news or kind of doings, you have to keep in your mind to get winner in the bitcoin transactions?
One word - China. Since the day one, Chinese users move the price. Also, I expect this upcoming block halving to move the price up, big time. However, we still have a few months until this kicks in. Had the same thinking. China is the one which decides the price. Now also the china market has fallen a bit high when compared to other countries.This has lead to a decrease in the value of bitcoin. No matter who decides it should benefit humans. also i'm quite convinced that Chinese users greatly affect on bitcoin price. huge market and particularly because of the cheap development mining hardware
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tbterryboy
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January 17, 2016, 07:58:37 PM |
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Unlike any other commodity, bitcoin has most influential factor for deciding it's price levels, it is network's difficulty levels. When more bitcoin miners enters into mining bitcoin then we can expect the price raise of bitcoins. The vice versa also true.
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voztata
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January 18, 2016, 06:02:55 AM |
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Unlike any other commodity, bitcoin has most influential factor for deciding it's price levels, it is network's difficulty levels. When more bitcoin miners enters into mining bitcoin then we can expect the price raise of bitcoins. The vice versa also true.
It's supply and demand theory only. Fundamentally bitcoin is similar to all other traditional things. Like any things in this world, only supply and demand moves bitcoin prices also....
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Rostadom
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January 20, 2016, 11:25:11 AM |
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Unlike any other commodity, bitcoin has most influential factor for deciding it's price levels, it is network's difficulty levels. When more bitcoin miners enters into mining bitcoin then we can expect the price raise of bitcoins. The vice versa also true.
It's supply and demand theory only. Fundamentally bitcoin is similar to all other traditional things. Like any things in this world, only supply and demand moves bitcoin prices also.... If more people want bitcoin, its price will rise. It is quite simple. It is not affected by mining difficulty. If the price drop, miners will turn off their miners.
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randy8777
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January 20, 2016, 12:29:09 PM |
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Unlike any other commodity, bitcoin has most influential factor for deciding it's price levels, it is network's difficulty levels. When more bitcoin miners enters into mining bitcoin then we can expect the price raise of bitcoins. The vice versa also true.
It's supply and demand theory only. Fundamentally bitcoin is similar to all other traditional things. Like any things in this world, only supply and demand moves bitcoin prices also.... If more people want bitcoin, its price will rise. It is quite simple. It is not affected by mining difficulty. If the price drop, miners will turn off their miners. the price is purely build up on the demand, that's right. the difficulty simply adjusts itself to whatever the current price is. if there is low demand, then the result of that is a lower price, and that might result in a lower or less higher difficulty. from time to time you can see the potential difficulty increase will be 8%, if the price comes down for whatever reason, you can then see the difficulty go down from 8% to around 5%.
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Bitcoinbro
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January 20, 2016, 12:49:16 PM |
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Unlike any other commodity, bitcoin has most influential factor for deciding it's price levels, it is network's difficulty levels. When more bitcoin miners enters into mining bitcoin then we can expect the price raise of bitcoins. The vice versa also true.
It also has something to do with demand and supply Less supply and more demand means that bitcoin will rise in value. Some of what moves the bitcoin price also has to do with stock markets.
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Kevin77
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January 23, 2016, 05:53:43 PM |
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Unlike any other commodity, bitcoin has most influential factor for deciding it's price levels, it is network's difficulty levels. When more bitcoin miners enters into mining bitcoin then we can expect the price raise of bitcoins. The vice versa also true.
It also has something to do with demand and supply Less supply and more demand means that bitcoin will rise in value. Some of what moves the bitcoin price also has to do with stock markets. Yes ultimately bitcoin is completely different from other commodities by having some definite supply for some particular period, which is highly different from gold kind of commodities. So, only the demand and future speculation of supply will influence the bitcoin prices.
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BruceLee007
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January 23, 2016, 06:11:31 PM |
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as far as i know the people who buy and sell bitcoins regulate the price, if there is no interest in bitcoin the price will fall and if people will want to get it more and more the price will grow
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pissedoff
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January 23, 2016, 06:50:37 PM |
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as far as i know the people who buy and sell bitcoins regulate the price, if there is no interest in bitcoin the price will fall and if people will want to get it more and more the price will grow
There are many people that panic and sell their bitcoins and that causes most of the sudden price drops.
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romero121
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January 23, 2016, 08:19:15 PM |
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as far as i know the people who buy and sell bitcoins regulate the price, if there is no interest in bitcoin the price will fall and if people will want to get it more and more the price will grow
There are many people that panic and sell their bitcoins and that causes most of the sudden price drops. This might be a reason and there are even some say that due to bitcoins getting accumulated over few people the bitcoin price moves. The market strategies of china impacted the bitcoin. Likewise we are hearing various predictions.
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wuvdoll
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January 23, 2016, 08:41:39 PM |
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Unlike any stockmarket, bitcoin prices cannot be pump are dumped in overnight. Because we are having exchange all over the world and the sentiment of traders all over the world will not be same. So, bitcoin prices is not influenced to buy a single trading group of people.
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maokoto
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January 23, 2016, 09:14:35 PM |
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I feel that news and stability about the blocksize, scandals (cryptsy, bitcoin used by criminals) etc. move the price in a good measure, but there is also some influence of people/big holders buying and selling to make the price move.
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Rostadom
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February 01, 2016, 05:10:13 PM |
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Unlike any stockmarket, bitcoin prices cannot be pump are dumped in overnight. Because we are having exchange all over the world and the sentiment of traders all over the world will not be same. So, bitcoin prices is not influenced to buy a single trading group of people.
A big whale can open accounts in many exchanges and buy/sell at the same time. That will affect price in many exchanges. Some people will also do arbitrage, that will also make the price change in the opposite direction.
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lumeire
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February 01, 2016, 05:15:21 PM |
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as far as i know the people who buy and sell bitcoins regulate the price, if there is no interest in bitcoin the price will fall and if people will want to get it more and more the price will grow
There are many people that panic and sell their bitcoins and that causes most of the sudden price drops. Usually if the issue is not too serious these orders just get absorb by the market and not felt. Developmental issues are what's worse and has the capability to really bring in new lows - like what we're having right now.
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Newcoins2020
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February 02, 2016, 08:31:09 AM |
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The whole economy has affected them. Also on the popularity of Bitcoin. If it is more well-known, more people buying and selling. So the value of Bitcoin is still changing.
And there is how many people buy and sell and how many companies also accept Bitcoin.
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Supercrypt
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February 03, 2016, 03:45:18 AM |
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The whole economy has affected them. Also on the popularity of Bitcoin. If it is more well-known, more people buying and selling. So the value of Bitcoin is still changing.
And there is how many people buy and sell and how many companies also accept Bitcoin.
Yes, bitcoin is rapidly spreading out to many new people around the world just like new technology. So, the demand for bitcoin is increasing rapidly on daily basis and we have constant supply of bitcoin per day. This will make bitcoin prices to move up. Demand is the prime factor for bitcoin also for price moving.
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mrhelpful
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February 03, 2016, 03:54:45 AM |
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Unlike any other commodity, bitcoin has most influential factor for deciding it's price levels, it is network's difficulty levels. When more bitcoin miners enters into mining bitcoin then we can expect the price raise of bitcoins. The vice versa also true.
It also has something to do with demand and supply Less supply and more demand means that bitcoin will rise in value. Some of what moves the bitcoin price also has to do with stock markets. Its a marketplace just like stocks, like how people buy and sell stuff on ebay. But the difference between stock market it has multiple products, and bitcoin exchange only has one which is the coin itself. You can say if it were on the stock market it would be under the category of commodities.
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