What/who make the price of bitcoin

[calya]

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 is actually the relationship between supply and demand. The overall game effect between the buyer and the seller in the bitcoin transaction leads to the change of the price of bitcoin.

that's right dude.but we must to know about market partisipants that join in crypto trading or maybe forex trading.but know this man, we can prevent to against them.buyer and sell can come from speculator, large finance institution firm or retail trader like us.this man that influence supply and demand in market.

[Sadlife]

Obviously it's the investors, merchants and traders in other words people who uses the currency. But bitcoin is also backed up by miners the one's who mine and confirms transactions called blocks. Also countries started recognizing it as an alternative way of payment and investment. And without btc, altcoins would cease to exist because most of the overall market cap is mostly invested in btc.

[sonofliberty]

The bitcoin price is being manipulated by many different factors as Whale market, dump/pump tendency, world significant news

[Rianbook]

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 demand and supply in the market that affect the bitcoin price, when the high demand will make the bitcoin value increase and vice versa.

[avirdoz]

Only people dictating Bitcoin price. When people buy bitcoins, the price rises, and vice versa. And this is influenced by many factors from the outside world.

[Ferry22]

Bitcoin prices are formed due to the presence of ownership and necessity. People who are in need of Bitcoin would be willing to spend money instead of those given to people who have Bitcoin, And who has Bitcoin will release Bitcoin if given Money. this is the so-called Sale and buy, and this is where the formation of Bitcoin price, then who causes it? they are the Bitcoin players themselves.

[dodgrad]

No one can control the price of bitcoin, only we, people, who are buying or selling bitcoin - can manipulate this, when we do some trades.

[Icoalert00]

Who make the price? It is not clear. If it is who make bitcoin. You can search about satoshi nakamoto in google. Who is responsible for the bitcoin's price? It is the people who are believing and buying bitcoin without any hesitation. Bitcoin's price depends on people who buy in short traders.

[marsmyname]

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?

Market players, whales and early adopters; FUD and FOMO... Apparently, virtually every bit of information has influence over market and price dynamics.

All of these are quite interesting stakeholders of this down and up of price but I think the most interesting and suitable stakeholder is just the user. We all are responsible for the down and up of the price chart. Reason is panic selling. Although the start of downfall or uplift is just a trigger of one whale or group of whales, but the trending and containing of that down is because of we people.

[doraegun]

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 movable price in every second it's because of in and out of Business of Bitcoin which means Investor and traders are the reason why  the price of Bitcoin is moving like bubble, it depend upon on it.

[ynclksnr321]

It's all about supply and demand. Unfortunately, the people who create demand are also. Here, psychology comes into play. The positive atmosphere created by panic sales purchases or vice versa affects people's wishes or wishes. The event is turning around briefly.

[deevan]

The price of Bitcoin comes out in a way, if there are more buyers & few sellers then Bitcoin price will go high as sellers will take advantage of this situation and quote a high price because of buyers are many. But if there are fewer buyers & more sellers then sellers eventually have to quote a low price so their Bitcoin could be sold as buyers are few. Price remain stable if buyers approximately equal to sellers in numbers. Secondly, the Bitcoin price has initially grown in a way when people saw that other people are earning profit due to of Bitcoin & mining. It is the community on which Bitcoin price depends if there will be zero buyers of BTC the price of BTC will get decreased near to zero.

[forbiddenone123]

The exchanger who make the of price pf bitcoin if the demand is high the price is high of the demand is low the price is low... If the price is low we hold the price when the price will increase we can earn more profit or else just hold it.

[markk94]

First of all, bitcoin could be used as payment system in some online store, and the second one is that bitcoin used of medium of trading in the market. By the usage of trading in the market, the prices will follow demand and stock of bitcoin. When the bitcoin demand goes up, the prices definitely could goes up because of the reduced amount of supply.

[candra raditya]

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?

What determines the bitcoin price is the market situation, the demand and supply is the decisive one, if many sell bitcoin then the bitcoin price will fall.

[Kertmu]

Price BTC depends on supply and demand, market capitalization, news of the crypto currency, world economy and its legalization.

[b3j0]

in general bitcoin prices are affected by demand and supply. but there are several factors that affect the number of requests and offers, such as news and day of the big day like the Chinese New Year.

[Mikejones64]

Bitcoins price depends on the demand of the market.  If the bitcoin is limited, the value goes up, if it is many the value go down. Just like the rule of economics, the more the product is in demand, the value goes up.. If its not in demand, the prices go down. It is also like a gold, as time goes by, it's value rises.

[fishball]

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 btc you see on Coinbase.com actually comes from the trading activity on the GDAX exchange. So when someone wants to buy btc from Coinbase.com, “Coinbase looks to the GDAX marketplace to quote that customer a price,” White says, and then buys it off GDAX if the customer wants it, like a middleman.

https://www.popsci.com/bitcoin-price hope this helps.

[ethereumhunter]

Bitcoins price depends on the demand of the market.  If the bitcoin is limited, the value goes up, if it is many the value go down. Just like the rule of economics, the more the product is in demand, the value goes up.. If its not in demand, the prices go down. It is also like a gold, as time goes by, it's value rises.

you are right but don't forget that there is a time to see the pump for making the price increase higher and decrease lower and it makes people become panic because they are not ready to buy or sell bitcoin. the whale is one of the aspects that could makes the price increase and decrease and sometimes they can push the price to the higher price but it's back to the market demands. and as long as there are any demands in the market, the price will always change from time to time.