What/who make the price of bitcoin

[coszy]

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 depends on the activity of users. The more users begin to make transactions, the higher the price, and vice versa.

[SingAlong]

Law of suppply and demand. People who need BTC or people who thinks that BTC is more valuable that the current price, buy. People that has BTC and need fiat or thinks that BTC is not that valuable, sell. 

As the demand increases the price increases. As the demand decreases the price decreases. The relation between the demand and price is in direct proprtion.

As supply increases the price decreases. As supply decreases the price increases. The relation between the supply and price is in indirect proportion.

These are the main things that influence the price of any currency and products. So we can say that the more Bitcoin users we have the higher the price of Bitcoin is with a proper supply. These are the basic things in Economics.

[xcajun21]

What make the price of Bitcoin how much people are willing to pay for it. If someone dump half of the bitcoins, if people buy it way back to 1200$, even if there was a dump, people will still pull it back to 1200$. You can understand that actually one bitcoin is worth 1200$.

If people dump half of the coin, the miners gain. The price is this way also because of the hardware infrastructure, technology, safety, and the perspective and project, hash difficulty. It is also backed by stores, credit cards, Fiat etc.

[Rasel5209]

i think btc handing over make her price increase or decrease. someone buy it and someone sell.

[Ashong Salonga]

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?

Bitcoin's price is being affected by the means of supply and demand. Its holders adn buyers are people which makes its value higher or lower. Thus, if a rich group of millionaire's decided to invest in bitcoin, it can affet positively yet if some decided to sell their bitcoin, it could affect bitcoin negatively.

[micher143]

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 of the bitcoin and other cryptocurrency is depends in the people who are supporting it and the in the investors. There's a law that supporting the fluctuation of the bitcoin the supply and demand law if many there's supply many supply the the price will go down same with the demand and there's a small supply then the price will go up same with the demand.

[yrreg ger]

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 market of bitcoin defends on the investor , the price of bitcoin is not stable because of investor that use this as investment. The price of bitcoin increase when investor buy a bitcoin and it dump when investor sell the bitcoin. The supplies and demands came from the investor also.

Country who used this is a big helper for the economy of bitcoin, this is the big investor of bitcoin market and it is the reason why the user are excited in the price of bitcoin.

[moviebuff777]

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 based on supply and demand. The price keeps rising now because demand is high. As soon as demand drops, the price will drop.

[marcuslong]

People makes the changes of the bitcoin price as you can see people is the reason behind the demand and the keeping up of volume of the bitcoin. if they stocking and continue buying coins then hold for long time this is the time that bitcoin will be pumped.

[Karloff]

People makes the changes of the bitcoin price as you can see people is the reason behind the demand and the keeping up of volume of the bitcoin. if they stocking and continue buying coins then hold for long time this is the time that bitcoin will be pumped.

Yes, all crypto-currencies develop or collapse because of user activity. Bitcoin for a few years showed himself very well and won the confidence of many.

[kalzonesaredelicious]

Bitcoin is priced by the dynamic between supply and demand. supply would be the people who would sell bitcoin and a certain price and demand the people who buy. if the number of people who want to sell are higher than the number of people who want to buy, the price will drop and vice versa. There are many factors that affect supply and demand, too many to count actually.

[Schuyler]

The hope that the price rises further in the future also makes bitcoin's price go up and up. More people are seeing the potential for huge profit in bitcoin investment so the investors are steadily increasing on a daily basis. And we can't blame them for jumping on the bitcoin bandwagon because this recent rise has been nothing short of phenomenal.

[savioroshan]

Law of suppply and demand. People who need BTC or people who thinks that BTC is more valuable that the current price, buy. People that has BTC and need fiat or thinks that BTC is not that valuable, sell. 

Yes I agree with you buddy, It all depends upon the supply and demand. If supply is less and demand is more, definitely its price will rise. In the case of bitcoins also its the same. People are ready to buy bitcoins for any price. They just need bitcoins and price doesnt matter for them and some sell their bitcoins thinking its not worth or its price wont rise further. Bitcoin's price is not fixed by any external bodies . Its price is determined by people itself , I mean by people who buy and sell.

[molsewid]

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?

People who uses bitcoin around the wolrd why the bitcoin price becoming more useful and more expensive nowadays as you can see the bitcoin price rapidly and guaranteed the profit of holders of demand the demand of coins are become increase and increase till it hit to total price of coins into $1700 per bitcoin.

[meliodas]

It is who make the price of Bitcoin. The users make the price of the Bitcoin. With less Bitcoin users then the price would tend to be low then like now that the users have increased significantly then so as the price. And the price would continue to soar up high and postively reach $2000 this year.

[Kevin77]

It is who make the price of Bitcoin. The users make the price of the Bitcoin. With less Bitcoin users then the price would tend to be low then like now that the users have increased significantly then so as the price. And the price would continue to soar up high and postively reach $2000 this year.

People bring demand for bitcoins and hence bitcoin finds more value. I guess this is what actually happening everywhere and bitcoin is also satisfying all the basics of economics. But the limited total supply and halving on every ~4 years are extra features of bitcoin ecosystem to boost price levels more rapidly.

[cramcram21]

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 all of the user is contributing on the price of bitcoin,
The stock and demand as we all know the more user who would invest in it the higher the price would be,
So it is basically us ,who are using it who are making the price fluctuate.

[JeffBrad12]

The hope that the price rises further in the future also makes bitcoin's price go up and up. More people are seeing the potential for huge profit in bitcoin investment so the investors are steadily increasing on a daily basis. And we can't blame them for jumping on the bitcoin bandwagon because this recent rise has been nothing short of phenomenal.

The rise of bitcoin prices depends on the upcoming news for our community. That means the news and rumour can push someone is fear os missing with bitcoin.

Crypto is on the early season. More investors will come to take an advantage from the cryptocurrency itself.

The volume of bitcoin will be less any time. And it makes bitcoin's price will get bullish every time.

The latest chart of bitcoin has told us a lot.

[jesuismarc]

The price of bitcoin is determined by supply and demand of the market. bitcoin is a decentralized currency so there is no central organization that determines its price.

[SoulBargain]

The price of bitcoin is determined by supply and demand of the market. bitcoin is a decentralized currency so there is no central organization that determines its price.

I do agree. The price of Bitcoin adjust in terms of demand and supply so that means that the demand in Bitcoin is increasing because the price is rising and vice versa whil on the other hand the supply is limited unlike in centralized coins which you can release a particular amount so that the price would be stable as the demand increases likethe fiat system that we have.