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Adrayrd
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July 17, 2016, 10:36:45 PM |
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It's about supply and demand, just like stocks. If people are positive they will want to buy more bitcoin then people are willing to sell, thus the price will go up.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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takingthis4
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July 17, 2016, 11:36:11 PM |
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It's about supply and demand, just like stocks. If people are positive they will want to buy more bitcoin then people are willing to sell, thus the price will go up.
yeah, the more people use it and the more they buy it the price increases over time, in my opinion we will be able to make some good money in the future with it |
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CryptoBjorn
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July 18, 2016, 07:17:32 AM |
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It's about supply and demand, just like stocks. If people are positive they will want to buy more bitcoin then people are willing to sell, thus the price will go up.
This is in a normal situation, but we can all agree there are some extra factors/parties who make or manipulate the price. The group of whales who own a lot of bitcoins (probably large mining pools like bitmain and discus fish) have a lot of interest to control the price. Without them pumping the price, their million dollar mining rigs would be vanished. |
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mayax (OP)
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July 18, 2016, 01:08:51 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. bots like Willy bot who is making fake transactions. all the exchangers are making a lot of fake transactions so the price is manipulated in this way. the orderbooks are far from reality. it's a fact and ALL the big exchangers are using it. why? because the appearance of many transactions, is attracting clients who are thinking that x or y exchanger is big or well known. if the exchanger are so transparent why don't they publish the incoming and outgoing bank wires?  |
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Sanguintan
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July 19, 2016, 02:56:42 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. bots like Willy bot who is making fake transactions. all the exchangers are making a lot of fake transactions so the price is manipulated in this way. the orderbooks are far from reality. it's a fact and ALL the big exchangers are using it. why? because the appearance of many transactions, is attracting clients who are thinking that x or y exchanger is big or well known. if the exchanger are so transparent why don't they publish the incoming and outgoing bank wires? What do you think of the huge volumes in some of the Chinese exchanges? The volumes there are so big. |
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iqlimasyadiqa
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July 19, 2016, 03:18:28 PM |
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everyone in this world are the main bitcoin price movement. bitcoin prices are influenced from the many users of bitcoin. because bitcoin demand factors that can have an impact raising the price of bitcoin.
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Facilitator
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July 31, 2016, 01:29:18 PM |
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everyone in this world are the main bitcoin price movement. bitcoin prices are influenced from the many users of bitcoin. because bitcoin demand factors that can have an impact raising the price of bitcoin.
The bitcoin price is determined ultimately by the mass adoption. As long as there is good adoption, the price will rise. |
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bitlancr
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July 31, 2016, 04:43:33 PM |
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everyone in this world are the main bitcoin price movement. bitcoin prices are influenced from the many users of bitcoin. because bitcoin demand factors that can have an impact raising the price of bitcoin.
The bitcoin price is determined ultimately by the mass adoption. As long as there is good adoption, the price will rise. No it is not. It is determined by supply and demand. More buyers means a buy increase, less buyers means price decrease. Adoption at this moment is not even close of influencing the price. |
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trickshot22
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July 31, 2016, 05:44:40 PM |
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It's about supply and demand, just like stocks. If people are positive they will want to buy more bitcoin then people are willing to sell, thus the price will go up.
i think you are right about it and im really happy that bitcoin price is dependent on all of us and i think that it will grow a lot in the future because of that |
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mundang
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July 31, 2016, 05:49:19 PM |
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We ,bitcoin users and holders are making the price of bitcoin.if everyone of us make a sell then bitcoin will go down,and when there is a massive buying bitcoin will increase.
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2legit2
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July 31, 2016, 08:00:57 PM |
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everyone in this world are the main bitcoin price movement. bitcoin prices are influenced from the many users of bitcoin. because bitcoin demand factors that can have an impact raising the price of bitcoin.
The bitcoin price is determined ultimately by the mass adoption. As long as there is good adoption, the price will rise. thats true, as long as people are into bitcoins and they want to buy it the price is going to grow a lot and it is a really great thing for me |
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funbarrel
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July 31, 2016, 08:27:12 PM |
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It's about supply and demand, just like stocks. If people are positive they will want to buy more bitcoin then people are willing to sell, thus the price will go up.
well in short it depends only on people and nothing else, and that is really great that no governments or banks can tell people what price of bitcoin is |
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1Referee
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Activity: 2170
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July 31, 2016, 08:29:48 PM |
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everyone in this world are the main bitcoin price movement. bitcoin prices are influenced from the many users of bitcoin. because bitcoin demand factors that can have an impact raising the price of bitcoin.
The bitcoin price is determined ultimately by the mass adoption. As long as there is good adoption, the price will rise. No it is not. It is determined by supply and demand. More buyers means a buy increase, less buyers means price decrease. Adoption at this moment is not even close of influencing the price. Mass adoption will only influence the price when these people start with actually purchasing themselves some coins instead of looking for free ways to earn some dust. We need people with money and the will to start take a small stake in Bitcoin. |
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MingLee
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July 31, 2016, 08:34:03 PM |
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everyone in this world are the main bitcoin price movement. bitcoin prices are influenced from the many users of bitcoin. because bitcoin demand factors that can have an impact raising the price of bitcoin.
The bitcoin price is determined ultimately by the mass adoption. As long as there is good adoption, the price will rise. No it is not. It is determined by supply and demand. More buyers means a buy increase, less buyers means price decrease. Adoption at this moment is not even close of influencing the price. Mass adoption will only influence the price when these people start with actually purchasing themselves some coins instead of looking for free ways to earn some dust. We need people with money and the will to start take a small stake in Bitcoin. Even having people work for Bitcoin does help to move the market upwards, as long as they aren't selling it immediately after they earn it. The scarcity that comes from people owning Bitcoin does help to drive the value up somewhat, but you are right, having more people with money come and start to buy Bitcoin does help to move the value up far more than people working for it. |
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Superways
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July 31, 2016, 08:35:04 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 ?
All of the buyers and seller are distributed in almost all of the available exchanges and the supply and demand remain constant on each of them, whenever the demand is increased on a particular exchange then its price increases and then the buyers search for other exchanges and then a demand increases at there also and so on, with that all of the prices of all exchanges come closer. The same happen with the sellers they search for those places where the price go higher and with that the suppliers are distributed on every exchange. |
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soros017
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July 31, 2016, 08:40:19 PM |
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It seems that some whales are pushing the price down atm.
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MingLee
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July 31, 2016, 08:49:26 PM |
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It seems that some whales are pushing the price down atm.
It is also time for people to pay rent, taxes and everything else that happens monthly, so something like this happening makes sense. This kind of thing happens every month, followed by a bull run up to either where the value used to be or higher. According to the charts, that is. I'd just wait, it should go back up soon. |
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rekinthis
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July 31, 2016, 09:30:48 PM |
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It seems that some whales are pushing the price down atm.
well the price kinda is being dumped by the whales now but i think it is good that people themselves control the price because it gives more freedom |
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purebitco
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July 31, 2016, 10:07:45 PM |
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It seems that some whales are pushing the price down atm.
whats the point for the whales to push the price down? in my opinion people themselves are selling coins not only big owners of bitcoins though we cannot do anything about it |
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ASHLIUSZ
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August 01, 2016, 10:55:54 AM |
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It seems that some whales are pushing the price down atm.
whats the point for the whales to push the price down? in my opinion people themselves are selling coins not only big owners of bitcoins though we cannot do anything about it There are some whales who wish they knew how to use trading. The drop appears to me and I've wondered why someone would sell a huge quantity of coins in a market order, thereby drive the price down, and fail to get top dollar for their coins vs taking more times to liquidate them as a steady price. |
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