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Author Topic: What/who make the price of bitcoin  (Read 5574 times)
sonofliberty
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July 02, 2018, 01:44:30 PM
 #281

If who controls or controls the bitcoin price, but if what is the effect of bitcoin prices, there may be some negative news about this bitcoin, the prohibition in some countries as well as the available supply that affects this bitcoin value
There are so many things which controls or affects the Bitcoin price, that we would easiest ages that everything effects. Everything that you hear and see can somehow and some way affect the price of Bitcoin for now.

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July 02, 2018, 01:52:04 PM
 #282

Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?
the price is made by community on the market, the more demand is the more is the value of bitcoin.
If who controls or controls the bitcoin price, but if what is the effect of bitcoin prices, there may be some negative news about this bitcoin, the prohibition in some countries as well as the available supply that affects this bitcoin value
There are so many things which controls or affects the Bitcoin price, that we would easiest ages that everything effects. Everything that you hear and see can somehow and some way affect the price of Bitcoin for now.
yes anything is affecting bitcoin and also i do think economy matter, goverment and also media is affecting bitcoin value.

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July 02, 2018, 01:58:04 PM
 #283

If who controls or controls the bitcoin price, but if what is the effect of bitcoin prices, there may be some negative news about this bitcoin, the prohibition in some countries as well as the available supply that affects this bitcoin value
There are so many things which controls or affects the Bitcoin price, that we would easiest ages that everything effects. Everything that you hear and see can somehow and some way affect the price of Bitcoin for now.
So this is really to some extent the truth that you say. But it seems to me that there are people who have large stocks of bitcoin and can adequately dictate the price of it
osmo
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July 02, 2018, 02:28:59 PM
 #284

bitcoin price depends on the amount of demand in the market as well as the total supplied available, the more demand the price will rise, and vice versa, no one can control the bitcoin price because bitcoin is not the same as fiat money

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July 02, 2018, 02:36:03 PM
 #285

Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?
I think it's the society. The people who buy and sell at every moments. Every seconds as we can observe Bitcoin's price is moving upward or downward. Sometimes their are groups that pump the price of the bitcoins.
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July 02, 2018, 02:43:08 PM
 #286

Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?
I think it's the society. The people who buy and sell at every moments. Every seconds as we can observe Bitcoin's price is moving upward or downward. Sometimes their are groups that pump the price of the bitcoins.

The indicators of the price of bitcoin is no other than the investors itself.  It does nit matter how small or how lare you have been invested in bitcoin,  what is important is that you invested in bitcoin and each cent that is invested in bitcoin makes a difference in the value of this coin.  But interms of who greatly affect the price of bitcoin,  it is the whales because they are the largest investor in bitcoin,  meaning they can manipulate the price literally.

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July 02, 2018, 04:48:54 PM
 #287

I think the bitcoin price can not be separated from the demand and supply so with the limited amount of bitcoin inevitably a person's opportunity to find an income is still open provided they can withstand emotions when the exchange rate has not increased.
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July 02, 2018, 05:07:00 PM
 #288

The circulation happening around the network is the one that makes the price of bitcoin. In accordance to the price of bitcoin the market of the other altcoins will be decided. Importantly the demand to the supply is the one that makes the value get deviated with respect to the time into consideration.
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July 02, 2018, 05:08:18 PM
 #289

Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?
it depends on the market, the supply and demand.
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July 02, 2018, 05:32:32 PM
 #290

Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?

Hi! As far as I know,  The price of bitcoin depend on the supply and demand of sellers and buyers. Ex: If the demand is high, the price of bitcoin will increases




I think We all know that Bitcoin is a limited currency because it has a limited supply where the demand of society is what really makes it flare up as Bitcoin's demand keeps changing, it has not found a stable price for it. Also demand can be influenced by many factors such as the Pope's shortening of Bitcoin, News about its legality, and bad news in general.
From an economic point of view, the prime driver for the price / value is the Bitcoin Supply and Demand, as simple as that.
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July 02, 2018, 05:37:53 PM
 #291

I don’t think someone manages this. If most people come to mind to buy this at the same time then the price grows. If most people want to sell then the price falls. It also depends on the news: if the news are good the price grows, if the news are bad the price falls.
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July 02, 2018, 06:27:59 PM
 #292

Bitcoin's price according to me, solely depends on the demand and supply.
So, various factors which are involved are:
The acceptance the coin has gained in the market. Like some countries have banned the coin which affects the coin's prices.
Rules and regulations the government makes. Though the coin is decentralised, but has an indirect effect on it due to these.
Investors who have large stocks of the coin.
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July 02, 2018, 06:48:36 PM
 #293

what i thinks is big organisation behind the price of the Bitcoin , which continent a big investors and the market are totally managed by them , this still just an hypothesis
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July 03, 2018, 01:21:03 AM
 #294

a lot of opinions about this, if I personally more convinced that the media that determines bitcoin price.
because every time the news appeared unsightly in the media. at that time the bitcoin price drops.
I do not know, that's just my personal opinion.
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July 03, 2018, 01:32:53 AM
 #295

a lot of opinions about this, if I personally more convinced that the media that determines bitcoin price.
because every time the news appeared unsightly in the media. at that time the bitcoin price drops.
I do not know, that's just my personal opinion.
I agree, the media is very influential with bitcoin prices.
I have long observed that, if the media say something negative, then the bitcoin price will go down.
PlusOne88
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July 03, 2018, 02:01:46 AM
 #296

Bitcoin's price is heavily influenced by its utility or usability. Supply might be a consideration but what really give iy a real value is how it is attracting people by what it can offer. For example if people would want to transfer money and find the process in the money transfer station slow and costly, and found out that using bitcoin is even more affordable and faster they would certainly opt to choose bitcoin to facilitate such transfer. And even if prices should go up, if still advantageous people will still use it. So the price may no longer be in question for as long as they can transfer funds easily. So from here the law of supply and demand then works. Also it should be taken into account that one of the reasons for a change in price would be the payment we give for the services rendered also by the miners and the fees given or set by exchanges.

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July 03, 2018, 02:28:45 AM
 #297

I think many things can affect the price of bitcoin in the market, such as bad news bitcoin, bitcoin demand and sales as well as the participation of major countries also very influential on the movement of bitcoin prices.
therefore why bitcoin prices change very quickly because there are many factors that affect it.

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July 03, 2018, 07:43:47 AM
 #298

Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?
It can sound silly but I believe that we all are contributing in the process of forming bitcoins price. By panic sell and panic buy we can affect the price significantly more than som enews around.
Ngemmeng
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July 03, 2018, 08:05:17 AM
 #299

only people with large funds can manipulate bitcoin prices, but investor confidence in bitcoin can also affect bitcoin prices. if investor confidence in bitcoin increases then bitcoin price also increases.
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July 03, 2018, 08:56:08 AM
 #300

a lot of opinions about this, if I personally more convinced that the media that determines bitcoin price.
because every time the news appeared unsightly in the media. at that time the bitcoin price drops.
I do not know, that's just my personal opinion.
I agree, the media is very influential with bitcoin prices.
I have long observed that, if the media say something negative, then the bitcoin price will go down.

but we have another reason that determines bitcoin price which is supply and demand and it's related with the news from the media. supply and demand work up and down and when there is any news comes out then it will give an impact on the price whether it is increasing or decrease. and besides that, don't forget with the whales that sometimes can also move the price to the higher or lower price.

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