How the value of Bitcoin is raising or dropping for every day...

[Harikrishna]

    I know little bit about Bitcoin  ... But i don't know how the value of Bitcoin is raising and dropping for each day.. So anyone here to tell me about how the value of Bitcoin is determined for every day....

Thank you.....& waiting fr clear my doubt

[1715673274]

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[1715673274]

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[c789]

I hate to disappoint you, but the short answer is "nobody knows for sure." It's similar to the stock market. You can get a PhD in finance and/or economics and still not be able to know what the market will do. There are many times when a company will have only good financial information (positive cash flow, good operating income ratio, etc.) and yet their stock value will go down for no discernible or sensible reason.

Of course there are differences between the stock market and BTC. I'm just saying that they're similar in that they're unpredictable for the most part. BTC is much more volatile, and if you time it right, you can make money on the swings. That's if you time it right

The value is determined by what people are willing to pay, since BTC is market-based. It's as simple as that. The "why," as in why they are willing to pay that amount, is an entirely different and far more complex area.

[ebliever]

It's Supply versus Demand, both of which are constantly fluctuating in response to innumerable market forces (literally every factor that weighs upon every bitcoin owner (or wannabe owner) as they consider buying and selling bitcoin.

All other things being equal, a guy breaks his leg and sells some bitcoins to pay his medical bills and the price of bitcoin goes down a little. A father buys his son some bitcoin as a birthday present and the price shifts up ever so slightly. Since no one can possibly track all these little decisions, no one can perfectly predict the price trend. All we can do is look at the big factors - like a rush of Chinese buying bitcoin in response to new capital controls, or major negative media coverage, and see the result of those big impacts.

[Cryptonitex]

I haven't got a clue bro, it's too complex for someone like me.

[davis196]

    I know little bit about Bitcoin  ... But i don't know how the value of Bitcoin is raising and dropping for each day.. So anyone here to tell me about how the value of Bitcoin is determined for every day....

Thank you.....& waiting fr clear my doubt

By gathering information from the bitcoin exchange marketplaces.It really is just supply and demand and how

they are moving.

Is this so difficult to understand?

[The Sceptical Chymist]

I love how people are introduced to free market economics through bitcoin and questions like this arise.  Buying and selling pressure (s) create price changes, as has already been mentioned.   That's it in a nutshell.   Every market is like that, from stocks to male sex vibrators.

[pooya87]

it is all about the supply and demand and if you ask me for the foreseeable future the demand is going to be the key factor in determining how the price is going to be like.

i say this because this demand is what you can also call the adoption of bitcoin, as time goes by the more people are going to know about bitcoin and more of them are going to start using it hence more demand and higher price.

[MWesterweele]

I think it is all about supply and demand which affects bitcoins price from time to time which causes bitcoins price drop or even rise.Higher demands makes it's price  increase and rise.Higjer supplies makes its price drop and decrease.Thats all i know what affects bitcoins price from time to time.

[hasiramasenju]

    I know little bit about Bitcoin  ... But i don't know how the value of Bitcoin is raising and dropping for each day.. So anyone here to tell me about how the value of Bitcoin is determined for every day....

Thank you.....& waiting fr clear my doubt

predict the market movement is the jobs of bitcoin traders but nobody here could predict the exact moment when bitcoin prices dropping and raising all they can do just only speculate such as me and very possible people will predict the false answers

[romero121]

With the variation in circulation happening each day, the price increase and decrease. You could have experienced in the past when price has been continuously decreasing the circulation was found low and huge accumulation happened with few early adopters.

[yenxz]

It's Supply versus Demand, both of which are constantly fluctuating in response to innumerable market forces (literally every factor that weighs upon every bitcoin owner (or wannabe owner) as they consider buying and selling bitcoin.

All other things being equal, a guy breaks his leg and sells some bitcoins to pay his medical bills and the price of bitcoin goes down a little. A father buys his son some bitcoin as a birthday present and the price shifts up ever so slightly. Since no one can possibly track all these little decisions, no one can perfectly predict the price trend. All we can do is look at the big factors - like a rush of Chinese buying bitcoin in response to new capital controls, or major negative media coverage, and see the result of those big impacts.

I see your answer is better than other,and yeah i am agree with supply and demand,its what i told to people who ask somethihg like this,but i wonder is there a way for exchanges to manipulator bitcoin price?so other exchanges Will have standard each other..

[franky1]

you cannot accurately predict when a market is going to move up or down

the better advice is to not put all of your coin into one order.
break it up and only set 10% of your expendables (funds your willing to risk losing) as an order

EG if you think the price is about to rise. buy.. if it does then sell at a higher point.
if it doesnt rise after the buy.. dont sell.
but instead use another 10% to buy at what you think is the new low point that is about to rise.

keep a note of all the by prices and NEVER sell at a loss

[franky1]

I see your answer is better than other,and yeah i am agree with supply and demand,its what i told to people who ask somethihg like this,but i wonder is there a way for exchanges to manipulator bitcoin price?so other exchanges Will have standard each other..

yes a few exchanges can put in "ghost" orders. basically orders made by the exchange rather than users. they do this either to create walls to keep a price within a certain range or to make profit without having to use real bitcoin reserves attached to those orders

MTGox was guilty of this as were a few others

[Loimu]

Essentially the value of bitcoin is determined the same way that value of stock is for example. It is all about demand and supply. When there is more demand than supply the price will obviously go up. If there is more supply than demand price will fall. Pretty simple actually when you think about it.

It's like if you have ten very hungry guys but only 1 Big Mac meal. One of those guys would probably pay $20 for that meal even though it was much cheaper once in McDonalds. Then again if you have ten sated guys and 20 Big Mac meals nobody would buy them for $20.