What/who make the price of bitcoin

[longwintershere]

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?

depends purely on market. Means that sellers and buyers on exchanges determine the price of the coins as it's not centralized or regulated. That is the great thing about it.

[julzcoinbit]

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?

As far as i know the price of bitcoin is depends on the investors and users, and also on the market, i just notice that if many people sell their  bitcoin its price down and if many people buy bitcoin the price high again.

Yes, you're quite right mate and that's why bitcoin is volatile due to many investors dumping their bitcoin and there are new investors as well, appear to invest into it, so bitcoin will fluctuate and that's been normal as an asset. And according to what I know about the history of bitcoin when it was first launched it had no official price at all and when the exchanges began to appear it starting developed, starting around 6 cents.

[really01]

The price of bitcoin and cryptocurrencies are influenced by the supply and demand rule as all other products. They are, however, influenced by the human factor and the psychological effects they create.

[YoungMaster]

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 prices are definitely determined by the markets through the demand and supply in it. The more people decided to invest bitcoin then the more demand increasing so price goes up, and otherwise.

[quality.crypto]

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's the same thing as what the real economy. It is the law of supply and demand. The less demand and more supply the price will be low. The Big demand and the less supply the price will be higher. 

You are right! When there is demand for Bitcoin the price automatically increases but at some point it always need market correction in order to reach the higher price. People are deciding the price based on their requirement whether they want to hold or sell.

[Ngajim]

No one can control bitcoin price, i think its all depend with suply demand and some time exchanger also can manipulate bitcoin price.
another thing that determines bitcoin price is trading based on technical.

[rysheeer]

The price movement of bitcoin is being controlled by the investors, traders, and adapters. Some of the people can manipulate the market if they're rich enough to easily pump and dump the price.

[Kelvinid]

The price movement of bitcoin is being controlled by the investors, traders, and adapters. Some of the people can manipulate the market if they're rich enough to easily pump and dump the price.

Right.I believe it's all about the supply and demand factor.When a lot of investors and traders bought a lot of bitcoins in that certain time,btc price market will surely increase.But when those investors and traders decide to sell their bitcoin,the price is likely to decrease but it will not take a long time in that downward trend because after a couple of days,btc price will rise up again.

[karanggatak]

All trading people play a role in the rise or fall of bitcoin prices, so no one controls the bitcoin price, so far bitcoin can reach high prices because of the large demand of people who start to understand how safe bitcoin to make investment tool. so the point is the demand is very important role against bitcoin prices without demand all goods will not be worth even if sold cheap.

[sepeda karat]

Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto. The name is also associated with the open source software that he designed, and also uses a peer-to-peer network without centralized storage or a single administrator where the US Treasury calls the bitcoins of a decentralized currency.

[Greenkarki]

It's the investors and demand for the coin increases the value of bitcoin as well as other crypto currencies as well. When the coin is in more circulation, the value fluctuates more.  Investors usually come in when the value is too low.  So there is high chance for hike when there is a constant low price.

[EnricoGomez]

The value of bitcoin merely depends on its users and people who transact and invest on it in general - the concept of supply and demand.
The higher the demand, the higher the value of bitcoin. The lower the supply, the higher the value of bitcoin. It is the reason why the value of bitcoin had soar since it has been introduced less than a decade ago, it had gone popular as it had gotten a lot of people that invested in its early era and hold them off instantly rich and is still expected to soar further.

[BitcoinMarketer39]

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 bitcoins is depending on the market supply and demand just the same on other cryptocurrency but the difference is ethereum is tether to bitcoins so altcoins is affected if bitcoin price is decreasing.

[Lecam]

We as an investors are the one who is making the price of Bitcoin,
Investors are the one who is responsible for the Bitcoin price movement because the price depends solely in the stock and demand.

[layoutph]

Nobody controls the price of Bitcoin, it is the people who buy and sell Bitcoin. If lots of people buys a huge amount of Bitcoin then the price will surely go up. If a large number of people sell their Bitcoins then the price would go down. Bitcoin price chart usually repeats itself so you will know if you need to sell or you need to buy.

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?

[Dudeperfect]

Bitcoin price is determined based on the law of demand and supply that means if there is high demand in the market and if the supply is constant then the price increases and vice versa. Since Bitcoin is based on blockchain technology which relies on decentralization there is no individual or organisation to control or decide the price of Bitcoin. The law of demand takes place each and everywhere and thus you will see various prices at the same time on multiple exchanges as there is a difference in demand on those exchanges even if it belongs to the same country.

[sr32703]

According to me Basically Bitcoin price depend on Law of Supply & Demand. Bitcoin is a decentralization so, who buy or who sell nobody can't know that.

[Harleybtc01]

According to me Basically Bitcoin price depend on Law of Supply & Demand. Bitcoin is a decentralization so, who buy or who sell nobody can't know that.

Yes, we are all right and on the same track. It all depends on the supply and demand, bitcoin has 21 M the more people uses it the more its price goes up. Therefore, its all in our hands and promoting and encouraging people to invest in it will give us possitive results like we will have bigger profits and help us financially.

[Renampun]

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?

which actually makes the price of Bitcoin up or down is from the sale and purchase transactions, supply and demand is still very influential on the price of Bitcoin, so if asked who made the price Bitcoin, which makes Bitcoin prices are investors and traders Bitcoin...

[PX-Z]

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 bitcoin depends on its demand and supply, when the demand of bitcoin is high it reduces its supply which causes its price increase higher, so we are also the maker of its price because we are the one who buy and sell bitcoins.