Digitalbitcoin (OP)
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January 30, 2016, 04:02:54 PM |
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I have question about price of any coin how it get determined ?
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BitcoinHodler
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January 30, 2016, 04:32:13 PM |
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supply and demand . .. ... .... don't forget pump and dumps ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Holding Bitcoin More Every Day
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robelneo
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January 30, 2016, 04:49:48 PM |
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supply and demand . .. ... .... don't forget pump and dumps ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Supply and demand are natural while pumps and dumps are unnatural,to become a good trader you need a good insight or observation if the price movement are naturals,if it is pumps and dumps you should hurry to dispose at the right time ,or you are on a losing end
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Catmony
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January 30, 2016, 05:39:02 PM |
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It is the fundamentally the supply and demand. But the demand can be affected by hype of the coin and development of the coin as well.
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arbitrage
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January 31, 2016, 12:10:56 PM |
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I suppose number of coins in circulation and total supply. Also what is in the road map. If dev is good and if he delivers price can rise very good! But i will rather be sticked to old good proven coins..
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Red-Apple
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January 31, 2016, 12:30:01 PM |
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... But i will rather be sticked to old good proven coins..
i agree, the older the coin the better it is. at least that coin is past the pumps
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--signature space for rent; sent PM--
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Digitalbitcoin (OP)
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January 31, 2016, 12:39:17 PM |
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How old bitcoin and how old dogecoin is. Both introduced with small difference but both have large difference in values. Daily new coins are introducing on hitbit, yobit, poloniex and other exchangers.
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stevegreer
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January 31, 2016, 03:07:37 PM |
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Mostly it is supply and demand. The reason why Bitcoin is worth so much more than, say, Dogecoin, is that Bitcoin has a limited supply and a huge demand, whereas Doge, although it does have a huge demand and has very solid 24 hour volumes (Almost $2 million in the past 24 hours as I type this), the supply is what is hurting its price. Dogecoin now has an unlimited supply, making it readily available. It's like comparing aluminum to platinum. Aluminum is in abundance in the Earth, where platinum is far more rare.
Now, the pumps and dumps are a driving factor as well, especially in the altcoin communities. Some exchanges, such as YoBit, are experts in the pump and dumps, especially with their near daily release of a new ICO. Now, that's their thing, and people still fall into those traps, and that's on them. Some people use the ICOs and make a decent profit because they buy and then immediately put their coins in a wall for a little more than they paid for them which leaves them making a decent profit. Others get a bit greedy and try to put them in walls for a lot more than they paid for them, and sometimes get burned because people tend to lose interest in the ICOs as soon as they start tanking (which happens rather quickly sometimes). I got on YoBit once and watched an ICO as it happened and saw this first hand. The walls started coming up and the price started tanking all within an hour of its release. Fun stuff.
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arbitrage
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February 01, 2016, 12:31:58 PM |
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Sometimes hyper groups takas control over price of coin in early stage, hyping it to sky. They use info about future update and before releasing update pumps begins and when update happens they just dump. Take that manipulations very serious not to get caught at the top..
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shanem
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February 01, 2016, 03:33:46 PM |
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An altcoin price depends on the supply and demand. However, manipulators can make fake demands by putting up walls or buying & selling to himself. They can also 'create' news and use them to pump the price up before dumping.
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BTCLovingDude
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February 01, 2016, 03:51:23 PM |
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i think altcoin prices are mostly dependent on the manipulation of the market or in other words pump and dumps. since they all have small markets it is pretty easy to manipulate that market with even small amounts
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arbitrage
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February 02, 2016, 09:08:30 AM |
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If price of bitcoin rise you can expect rise in price of alts so when you think about ALTS you always must first define what is going on with bitcoin. In 2015. bitcoin was 215$ and was very depressive situation, and alts were forgotten.. Now we could see great return..
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Richard1972x
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February 02, 2016, 09:13:39 AM |
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There are several factors: Was it a fair Launch with no pre- or instamine? Is there any development or it's just a Fork (copy paste)? Is there any active Community and a active dev-team? Is there a good market place to sell like Poloniex? Is there a huge Inflation in the Coin code?
All of this factors influence the pricing and success of a Coin.
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Snail2
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February 02, 2016, 10:39:05 AM |
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I have question about price of any coin how it get determined ?
The main factors are supply and demand, but greatly influenced by pumps and dumps. Actually as there are no real economy behind 99% of the alts, but there is a steadily increasing supply, the supply used to be a lot bigger than the demand, that's why almost all coins keep losing value.
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RustyNoman
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February 02, 2016, 10:42:31 AM |
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If the coin has bigger use community, the price will be higher as it has more users. No user, no value.
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billotronic
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February 04, 2016, 02:53:46 AM |
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Strange, all these posts and not a single mention of the word utility. Granted, supply and demand are a rule of thumb, but if there is no fucking utility, there is no demand. What you have is a bunch of bullshit that you can do nothing with, so at the end of the day, you have zero value.
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benthach
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February 04, 2016, 03:55:56 AM Last edit: February 04, 2016, 04:14:30 AM by benthach |
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I have question about price of any coin how it get determined ?
it's by whales manipulations fuel by hype, just like etherueum, litecoin or dogecoin. the tech is useless or non-exist for these coins
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reddit btcwriter1 - twitter kingpininvestor
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RustyNoman
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February 04, 2016, 08:06:13 AM |
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I have question about price of any coin how it get determined ?
it's by whales manipulations fuel by hype, just like etherueum, litecoin or dogecoin. the tech is useless or non-exist for these coins The technology of litecoin or dogecoin is similar to that of the bitcoin. But Ethereum is totally different from Bitcoin. It is a platform.
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BellaBitBit
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February 04, 2016, 02:54:17 PM |
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Determined by supply, demand, press, hype... many factors
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I love Bitcoin
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