What/who make the price of bitcoin

[Lpim01]

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.

Very often market are changing its trend, and it could be clear that demand and supply really makes market roll over. We can't control nor stops it fluctuations as it only depends on the entire market chain.

[pandanaran]

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 makes the bitcoin price is the user itself, and because the price is determined by the demand, I think you need to read some articles to find out information about bitcoin, you know what you are asking is the basic thing of cryptocurrency and in cryptocurrency there is not only bitcoin but still more coins.

[amih]

which causes bitcoin prices to rise or vice versa that is decreasing it is of course from the role of bitcoin users themselves. if bitcoin users unite to make purchases of bitcoin on a large scale, of course there will be significant increases in bitcoin prices and vice versa if bitcoin users do not have the courage to buy bitcoins, of course the price will still move in place even will decrease.

[Tan_avia)vl.]

   It all depends on how much you can buy it, and how much you want it to sell. It is very simple, the usual market economy.

[Welhell]

It just depend on purchase and sale. So, there is chain system which called Blockchain and no one manage this system. If most trader sell their Bitcoin, price goes down in paralel.

[Baronggot]

Nobody is making the price of bitcoin and it depends on the demand of the people. But as to the theory that bitcoin's market price can be affected by selling off bitcoin during crisis especially those investors who owned a bag full of bitcoin can certainly affect the price of bitcoin.

[perfect999]

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.

Most of the investors are still unable to identify the reason behind this much of the downfall in the market value of the bitcoin as well as the rise in the market value of the bitcoin which we have experienced in the last year. The most important factor which effects the market value of the bitcoin is none other than that of the demand of bitcoin in the international market as the principal which is being used is demand and supply.

[talenah kotang]

Bitcoin prices are not made but rather fluctuating prices that can change at any time, it all depends on supply and demand. If demand is high then the price is higher and vice versa.

[BAILEYB]

What drives the price is demand, I read a tweets today that there are 15 million millionaires in US, that means not all millionaires will have access to one BTC, So the demand is going to continue to grow has more market is been penetrated

[codegnome]

WE are making the price of bitcoin everyday, when we invest on this, buy some, sell, hold etc. It's beatiful that we can do this.

[patarfweefwee]

Much like ano ither currency, it depends on the amount of supply available in the market. If there is alot of people dumping their stocks then you can expect to see a huge plummet in the prices. Now if more and more people buy and hold on to their coins then the price shoots up. Of course there are alot of factors that affects the supply.

[princesspoppy]

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?

We, the market, together with the supply and demand of bitcoin, are making price of bitcoin. The more people buying bitcoin, the price of bitcoin increases. The more people selling bitcoin, the price of bitcoin decreases. Also, the more supply and less demand, less price of bitcoin and the other way around.

[qwertyup23]

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, specifically, depends upon the market supply and demand in the market. Since new investors and old ones are continuing to invest despite the market, it increases the demand/supply depending upon the situation. Another thing that significantly contributes to the price of bitcoin is the hype it created. With its high-volatile price, bitcoin has attracted investors who invest their money hoping that it may increase in the future. With this kind of mindset, the price hyper inflated, making it the number one cryptocurrency to date.

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?

We, the market, together with the supply and demand of bitcoin, are making price of bitcoin. The more people buying bitcoin, the price of bitcoin increases. The more people selling bitcoin, the price of bitcoin decreases. Also, the more supply and less demand, less price of bitcoin and the other way around.

As long as investors retain their money to their investments, the price of bitcoin will continue to increase/decrease depending on the circumstance. Whales play a significant role on its price as they may manipulate the market supply/demand due to the number of bitcoins they posses. But bitcoin revolves around the law of supply and demand depending on the number of investors who keep/sell their resources.

[francis2]

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?

No one controls the price of bitcoin. Its price suddenly changes because of the supply and demand system. Bitcoin increases in price when many are using it, many needs it and many invest on it. But its value will go lower if many will sell it.

Since it is a known fact that whales are able to manipulate the market, one might be inclined to say that some people do control the price of Bitcoin. What is fact, is that whales only go the far of jostling the prevailing market price by way of their huge volumes, but like every altered state of equilibrium, the market normalizes sooner or later, which goes to assert that market forces are what determines what price Bitcoin turns up.

Whales have some control over how the market is going to move but even them cannot control the market as they wish that is why you see them waiting for the right opportunity to try to manipulate the market, as soon as we get positive news from the developers you will see the whales pumping the price and using their connections to create positive articles about bitcoin.

[Stephen1989]

First person who bought bitcoins from Satoshi himself is the founding father of bitcoin price, or the first people who accepted bitcoins as something of value.

[Cotton Candy]

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 what I know us the people whobuses the bitcoins  the price of the bitcoin itself because the bitcoins price amd volatility are because of us as we buy and we sell our bitcoins the price of the bitcoins changes that is because the price of the bitcoins or the value of it are inclined to the supply and demand thing. Maybe youbare thinking that there are people behind the price that are manipulating it but we dont know yet

[soul-impact]

What makes bitcoin.
1. Global recognition. In the world, more and more countries, organizations, banks and large companies recognize Bitcoin as a valuable asset.
2. Bitcoin prices depend on human needs. Due to the wide recognition, Bitcoin is gaining the trust of many investors. Investors are pouring money, more and more people are spending money, time and effort to dig up Bitcoins. The greater the demand, the higher the Bitcoin value.

[yusupjatigumilar]

actually that makes bitcoin price is our own as market participants who sell and buy bitcoin and this has an effect on supply and demand, so if you want to make transactions sell or buy should be pokep terlebij first domino effect that may appear

[ironman2014]

Real buyers and sellers are the main part the reasons who make the price of BTC, there are some other things, traders, situation in th world of economy, price for dollar. All they make one price in one day

[laravuemaster]

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 in the market before is very cheap and it was down to $100, the reason why the prices of cryptocurrency in the market is increasing is because of the demand coming from different investors so people will be always deciding if cryptocurrency will be profitable or not.