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RoseMann
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June 20, 2016, 07:26:25 AM |
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Most of the volume for the current rally we are in is coming directly from China under the CNY pairing to Bitcoin. I believe this is more speculation based on the halving and the real price after the dust settles is still unknown.
No matter what is the reason behind the massive price increase, whether it be the Chinese bulk buying or the effects of halving, the beneficer is surely the person who has bitcoins with him and therefore he/she may get profits from it. That is right. So it is better for us to buy some bitcoin as well to benefit from the price rise. I think the price will rise further. |
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el kaka22
Legendary
 Offline
Activity: 3696
Merit: 1166
www.Crypto.Games: Multiple coins, multiple games
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June 20, 2016, 07:30:28 AM |
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Most of the volume for the current rally we are in is coming directly from China under the CNY pairing to Bitcoin. I believe this is more speculation based on the halving and the real price after the dust settles is still unknown.
No matter what is the reason behind the massive price increase, whether it be the Chinese bulk buying or the effects of halving, the beneficer is surely the person who has bitcoins with him and therefore he/she may get profits from it. And just save a lot of BTC from now on so therefore we could somehow affect the bitcoin price. If someone owe a large % of BTC he/she could affect the price in many ways, if the capital was 21M BTC a person need atleast 21k BTC and he or she will become the most fortunate person in the world. |
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nururochac
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June 20, 2016, 07:37:58 AM |
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Most of the volume for the current rally we are in is coming directly from China under the CNY pairing to Bitcoin. I believe this is more speculation based on the halving and the real price after the dust settles is still unknown.
No matter what is the reason behind the massive price increase, whether it be the Chinese bulk buying or the effects of halving, the beneficer is surely the person who has bitcoins with him and therefore he/she may get profits from it. And just save a lot of BTC from now on so therefore we could somehow affect the bitcoin price. If someone owe a large % of BTC he/she could affect the price in many ways, if the capital was 21M BTC a person need atleast 21k BTC and he or she will become the most fortunate person in the world. No, 21k btc is still small, you need to have atleast 1m million btc volume to be able to pump or dump the bitcoin from 10% |
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GermanFoobla
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June 20, 2016, 08:25:20 AM |
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The bitcoin prise and who is making it i dont think there is just some one making the prices we are all making the price because we are selling and buying bitcoins.
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RoseMann
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June 21, 2016, 04:28:36 PM |
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The bitcoin prise and who is making it i dont think there is just some one making the prices we are all making the price because we are selling and buying bitcoins.
Even though we do some trades, we are too small fish. Only the big whales can influence the price and they have the skills. |
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Wevariant
Newbie
Offline
Activity: 25
Merit: 0
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July 01, 2016, 10:51:48 AM |
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The bitcoin prise and who is making it i dont think there is just some one making the prices we are all making the price because we are selling and buying bitcoins.
Even though we do some trades, we are too small fish. Only the big whales can influence the price and they have the skills. Most importantly, the whales have the funds to manipulate the market. So for me, I just follow them. |
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martinacar
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July 01, 2016, 03:52:22 PM |
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We ourselves are making the price together the people that buy/sell and hold the bitcoin are making the price.
Another part is also making the price a sort of and that is the miners.
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ultrloa
Legendary
Offline
Activity: 2926
Merit: 1269
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July 01, 2016, 04:24:00 PM |
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The bitcoin prise and who is making it i dont think there is just some one making the prices we are all making the price because we are selling and buying bitcoins.
Even though we do some trades, we are too small fish. Only the big whales can influence the price and they have the skills. Most importantly, the whales have the funds to manipulate the market. So for me, I just follow them. Eventhough where small fish in btc industry we still contribute to the rotation of it in the market thats why i can say the one who making the bitcoins price is we all the users and stakers because of us we can make the price go soar high or die. But big whales can contribute big since they have large amount btc in their pocket That can cause dump if they sell or pump if theyd buy. |
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Nimbulan
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July 01, 2016, 10:34:58 PM |
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How is it made the Bitcoin price?
How is it possible in a so called decentralized market, where the exchangers are(should be) independent entities, ALL of them to have the same price when they certainly don't have a "the same" order book(same clients, same orders) ? How is that come?
Can someone explain ?
i think that largest thing that moves bitcoin price is supply and demand of course, as more bitcoins people will want to buy - higher the price will be of course and also things like halving moves price of bitcoins, steam started to accept bitcoins so it moved price a little bit too, but these things don't move price that much as supply and demand |
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RoseMann
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July 04, 2016, 05:45:53 PM |
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How is it made the Bitcoin price?
How is it possible in a so called decentralized market, where the exchangers are(should be) independent entities, ALL of them to have the same price when they certainly don't have a "the same" order book(same clients, same orders) ? How is that come?
Can someone explain ?
i think that largest thing that moves bitcoin price is supply and demand of course, as more bitcoins people will want to buy - higher the price will be of course and also things like halving moves price of bitcoins, steam started to accept bitcoins so it moved price a little bit too, but these things don't move price that much as supply and demand # You can also use Paypal to transfer money into/from Coinbase to deal with bitcoin. It will increase user base. |
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Dwelach
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July 04, 2016, 09:23:47 PM |
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We are making it, the bitcoin has a great future so it will go higher, investors and sellers/spenders are making the price.
See it as a stock market if its going well and a lot of people buy the bitcoin it will rise.
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Sanguintan
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July 16, 2016, 07:24:19 AM |
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We are making it, the bitcoin has a great future so it will go higher, investors and sellers/spenders are making the price.
See it as a stock market if its going well and a lot of people buy the bitcoin it will rise.
I think the bitcoin price will rise a lot because more and more people will use it. The price is proportional to usage. |
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Farma
Legendary
Offline
Activity: 2716
Merit: 1002
Leading Crypto Sports Betting & Casino Platform
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July 16, 2016, 01:59:21 PM |
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We are making it, the bitcoin has a great future so it will go higher, investors and sellers/spenders are making the price.
See it as a stock market if its going well and a lot of people buy the bitcoin it will rise.
I think the bitcoin price will rise a lot because more and more people will use it. The price is proportional to usage. you are right. the more people who use and need bitcoin, then the price of bitcoin will further increase. besides if you have a lot of bitcoin, you might make bitcoin prices down, but it would be very difficult to make it up. so I feel that bitcoin prices will always go up, because the longer the bitcoin users will be more and more, and it will definitely affect the price |
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Facilitator
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July 17, 2016, 11:01:25 AM |
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We are making it, the bitcoin has a great future so it will go higher, investors and sellers/spenders are making the price.
See it as a stock market if its going well and a lot of people buy the bitcoin it will rise.
I think the bitcoin price will rise a lot because more and more people will use it. The price is proportional to usage. The price of the bitcoin depends on the usage. When more people use it to buy things, the price will rise. |
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mayax (OP)
Legendary
Offline
Activity: 1470
Merit: 1004
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July 17, 2016, 01:49:48 PM |
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the questions remain":
" How is it possible in a so called decentralized market, where the exchangers are(should be) independent entities, ALL of them to have the same price when they certainly don't have a "the same" order book(same clients, same orders) ? How is that come? "
I saw many example when the chinesse exchangers dropped or raised the price and all the exchangers did the same without any valid justification. Their orderbook was the same.
The price is artificially created not by users but the exchangers according to their interests.
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2legit2
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July 17, 2016, 03:43:46 PM |
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We are making it, the bitcoin has a great future so it will go higher, investors and sellers/spenders are making the price.
See it as a stock market if its going well and a lot of people buy the bitcoin it will rise.
I think the bitcoin price will rise a lot because more and more people will use it. The price is proportional to usage. thats true, the more people use bitcoins the bigger price is, in my opinion we will make some good money out of all the price growths in the future because only people move the price |
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Odalv
Legendary
Offline
Activity: 1414
Merit: 1000
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July 17, 2016, 04:03:24 PM |
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the questions remain":
" How is it possible in a so called decentralized market, where the exchangers are(should be) independent entities, ALL of them to have the same price when they certainly don't have a "the same" order book(same clients, same orders) ? How is that come? "
I saw many example when the chinesse exchangers dropped or raised the price and all the exchangers did the same without any valid justification. Their orderbook was the same.
The price is artificially created not by users but the exchangers according to their interests.
Do you know what is arbitrage. Someone make money by buying on the exchange with smaller price and selling on the exchange with bigger price, until prices are the same. There are a lot of bots doing arbitrage. |
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Borisz
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July 17, 2016, 06:55:54 PM |
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the questions remain":
" How is it possible in a so called decentralized market, where the exchangers are(should be) independent entities, ALL of them to have the same price when they certainly don't have a "the same" order book(same clients, same orders) ? How is that come? "
I saw many example when the chinesse exchangers dropped or raised the price and all the exchangers did the same without any valid justification. Their orderbook was the same.
The price is artificially created not by users but the exchangers according to their interests.
The markets react simply. If one sees that the value of a commodity has dropped somewhere by X%, he/she might want to sell on a different exchange as well to follow the global trend. Nevertheless, in general I see a 20$ lower price on BTC-e compared to e.g. Bitstamp at pretty much all times. Trends are usually the same, that is true, however, I think it is just the reaction of the global market. |
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bit1
Legendary
Offline
Activity: 938
Merit: 1000
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July 17, 2016, 07:33:04 PM |
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the questions remain":
" How is it possible in a so called decentralized market, where the exchangers are(should be) independent entities, ALL of them to have the same price when they certainly don't have a "the same" order book(same clients, same orders) ? How is that come? "
I saw many example when the chinesse exchangers dropped or raised the price and all the exchangers did the same without any valid justification. Their orderbook was the same.
The price is artificially created not by users but the exchangers according to their interests.
Probably, but let me post a simple example, if you see two, three taxis,etc on your way parked waiting for your chords, you give a look first to see which you decide, based on state of the unit, driver, price, etc... next; you already carry an expected rate than they can overcharge you, so if any of them wants to charge more than you expect you'd go to the next just to see if you find comfortable according to what you expect to pay, somehow taxi drivers have to undergo even set price otherwise they will lose customers. I guess a similar thing could happens in the exchanges. |
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xht
Sr. Member
Offline
Activity: 462
Merit: 250
hey you, yeah you, fuck you!!!
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July 17, 2016, 09:16:39 PM |
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The bitcoin prise and who is making it i dont think there is just some one making the prices we are all making the price because we are selling and buying bitcoins.
I don't know is right or not but i think the price is making by demand it's mean if demand increases the price will rise and when the demand decrease the price will down. |
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