What influences the Bitcoin marketplace?

[traderMax]

The currencies of the world are affected by many different parameters such as politics, economy, wars. The value of the money also shows up and down according to these parameters.

What are the parameters that affect bitcoin?

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[dukeneptun]

when someone sneezes in china since they're the real puppet masters behind bitcoin currently, that blockstream pusing for segwit

[Mometaskers]

I can't give you any technical details but it seems that supply and demand is what's raising the price. The amount of coins being mined decreases over time so in theory that should start make it rarer and more expensive. Price you can expect to drop if people suddenly dump their bitcoins.

when someone sneezes in china since they're the real puppet masters behind bitcoin currently, that blockstream pusing for segwit

Well I'm starting to realize that's the case. A lot of bitcoin transactions and mining are done in China. No wonder there are several conspiracy theories about China trying to manipulate the currency if not being actually the creator.

[icecube45]

I think policy of the law to use bitcoin in some countries also influence the market bitcoin. Because legal and illegal bitcoin in some countries it is influence the market. If legal it would be easier for people to use so that the market will increase, whereas if the illegal it would be harder for people to use so the market will be difficult to increase. So the government regulations in each country influence. Other than that I think buying and selling also affects the bitcoin market.

[talkbitcoin]

The currencies of the world are affected by many different parameters such as politics, economy, wars. The value of the money also shows up and down according to these parameters.

What are the parameters that affect bitcoin?

all of these can essentially affect bitcoin price too.
we have seen many times that economy has had its effect on bitcoin when people started investing their money in bitcoin to escape their country's bad economy.

but the biggest effect goes to adoption. since bitcoin is still a new technology as time passes and more people start to find out about bitcoin, put away their fear and use their brain to see the benefits of bitcoin they start buying it and with a limited supply price will go up.

[lionheart78]

Bitcoin marketplace is influenced by government regulations, supply and demand, FUD, hype, Adoption News, development and Market manipulation.  We all know that there is a possible whale controlling the bitcoin price.  Whales can easily make Bitcoin price up or plummet it, depends on what is beneficial to him.

[mayxi865]

Bitcoin marketplace is influenced by government regulations, supply and demand, FUD, hype, Adoption News, development and Market manipulation.  We all know that there is a possible whale controlling the bitcoin price.  Whales can easily make Bitcoin price up or plummet it, depends on what is beneficial to him.

Agree with your point of view. Bitcoin is a relatively mature market, but if bitcoin can gradually improve the market trading rules, then bitcoin may become the world's most influential and investment value of the capital market, it is worth looking forward to!

[alani123]

Bitcoin markets are influenced by demand. It's likely that all price rises have in some way or another been influenced by large players, that urged more traders to chip in by manipulating prices. The more recent rally created a perfect playfield for market manypulators as it's obvious that big players were the ones that crashed the market by cashing out. See Image:


Isn't that one of the greatest sell offs in bitcoin's history? And to think that the build up to it was more of a collective rise, whales made too much money from this rally.

[ayrton55]

When we look at the trade volumes for the bitcoin and altcoin markets combined it is around 170-200 million usd daily. Isn't this a bit strange ? Compared to market cap of ~18 billion is this volume of trading (about 1% of the assets) reasonable and efficient enough to set the price?

[ethereumhunter]

The currencies of the world are affected by many different parameters such as politics, economy, wars. The value of the money also shows up and down according to these parameters.

What are the parameters that affect bitcoin?

the news of bitcoin for sure, beside that, the parameters is by watching the market itself, how the supply and demand in the market, how trust people with bitcoin, and many more that maybe i don't know.

[boyptc]

Bitcoin markets are influenced by demand.

Yes that influences the marketplace of bitcoin. So when there is a big demand for bitcoin, that is impacting the price to increase. But since we all know that there are big people / groups behind this. Better to ask who influences the bitcoin marketplace. Just look what happened when the price of bitcoin is on ATH this new year but it suddenly crash because of the Chinese traders.

[legendbtc]

I think policy of the law to use bitcoin in some countries also influence the market bitcoin. Because legal and illegal bitcoin in some countries it is influence the market. If legal it would be easier for people to use so that the market will increase, whereas if the illegal it would be harder for people to use so the market will be difficult to increase. So the government regulations in each country influence. Other than that I think buying and selling also affects the bitcoin market.

Even many countries are not completely accepting how can we say that bitcoin is legal, it completely depend on supply and demand when ever user hold the bitcoin and many other wants to buy bitcoin in this automatically the price will increase.

[botany]

Bitcoin is driven too much by speculators these days.
We will have to wait a long time before you can link Bitcoin's value to fundamental factors.

[icecube45]

I think policy of the law to use bitcoin in some countries also influence the market bitcoin. Because legal and illegal bitcoin in some countries it is influence the market. If legal it would be easier for people to use so that the market will increase, whereas if the illegal it would be harder for people to use so the market will be difficult to increase. So the government regulations in each country influence. Other than that I think buying and selling also affects the bitcoin market.

Even many countries are not completely accepting how can we say that bitcoin is legal, it completely depend on supply and demand when ever user hold the bitcoin and many other wants to buy bitcoin in this automatically the price will increase.

Well there is many countries do not fully accept bitcoin does not mean they are declares illegal. As in my country do not accept bitcoin is legal but they allow using bitcoin with caution and own risk. If bitcoin recognized or be legal in some countries it will make people easy to believe, so that supply and demand will continue to increase. This is basically the same as you say, and I totally agree with you.

[Yakamoto]

A lot of the influences come from the Chinese economy having an effect on the Chinese exchanges, and whales effecting the exchanges.

That's most of what happens, but there are some other things that happen here and there that have a profound effect. Some events, like Trump's election, had an effect on the market, if I'm remembering correctly.

[Rocarlos]

Bitcoin markets are influenced by demand. It's likely that all price rises have in some way or another been influenced by large players, that urged more traders to chip in by manipulating prices. The more recent rally created a perfect playfield for market manypulators as it's obvious that big players were the ones that crashed the market by cashing out. See Image:

https://i.imgur.com/44Sy89W.png
Isn't that one of the greatest sell offs in bitcoin's history? And to think that the build up to it was more of a collective rise, whales made too much money from this rally.

That is correct, Guy. I see that People's demand is rising up highly and it is tending common to all classes in society. I think if bitcoin has appropriate laws for bitcoin, It will quickly become a central digital currency in the future.

[Kasabus]

Bitcoin is driven too much by speculators these days.
We will have to wait a long time before you can link Bitcoin's value to fundamental factors.

The speculators are the voice of the people, we speculate that bitcoin will be more popular in the future, hence it will make the price increase to earn profit from our investment. As investors of bitcoin, getting ourselves educated with the recent happenings is necessary, it will help us to make the right decision when to buy and sell.

[Amph]

supply and demand, but china play a big role in manipulating the market, because they control the mining activity and they invested a lot in cash, they also are far great in number than other in the world

this mean that their influence will have a greater effect, then you have the panic sellers and dumpers which follow the trend, and magnify the trend in play

[coinplus]

The currencies of the world are affected by many different parameters such as politics, economy, wars. The value of the money also shows up and down according to these parameters.

What are the parameters that affect bitcoin?

Same parameters. Because bitcoin is just another money but not bind one particular country. So, bitcoin get affected by policies of each and every country which are directly or indirectly influencing bitcoins. Similarly all economic events are affecting bitcoin price levels.

The only big difference is a fiat is majorly getting affected by one country and bitcoin is influenced by almost all countries of this world.

[Mugamer]

The currencies of the world are affected by many different parameters such as politics, economy, wars. The value of the money also shows up and down according to these parameters.

What are the parameters that affect bitcoin?

Firstly, I think about the Legality of bitcoin. It is a basic thing to accepted by all governments as a digital currency or not? Just saying about it , this is a big influence to bitcoin market place.
Secondly, Many people in the world started to know and use it as digital currency for trading, investing and purchasing. with big community like this, it is a important influence to bitcoin market place.
Thirdly, The facttor of inflation, weak economy, wars are also the main reasons which influence the botcoin marketplace.