Which affects the btc price

[nankers]

I just follow btc developments this month. I see every day btc price up and down. Which is my question, what are the factors that affect the rising price of the btc? Whether shareholders btc, altcoin, or btc users themselves?

[xderek]

It is one of the best value holding coin and when other coins fall,  people buy and store btc. Could be the recent fall of ETH, or any other.

[yoseph]

I just follow btc developments this month. I see every day btc price up and down. Which is my question, what are the factors that affect the rising price of the btc? Whether shareholders btc, altcoin, or btc users themselves?

Normally its how investors react to rumors concerning bitcoins that makes the currency go up and down, and recently there were fears concerning the hard fork which was about to happen, people were not well informed on the matter and decided to cash in their bitcoins which may have driven the price down.

[VC George]

Besides the fact that we're waiting to see what will happen after August 1, supply & demand dictates the price coupled with hopes, rumors & FUD. The price is an amalgam of all that mate. Now it's rising since demand is raised and less people sell than those who're rushing to buy.

[rikyy]

You want to watch the number of people you have.

[klarki]

The price is derived from a variety of factors, such as:
- news events
- the general situation in the world in relation to crypto-currencies.
- behavior of large market players
- technical update solutions
- general trend
- opinion manipulation

[neuran]

I just follow btc developments this month. I see every day btc price up and down. Which is my question, what are the factors that affect the rising price of the btc? Whether shareholders btc, altcoin, or btc users themselves?

Mostly news. Watch it go down and up when they talk about forking it.

[freeyourmind]

I just follow btc developments this month. I see every day btc price up and down. Which is my question, what are the factors that affect the rising price of the btc? Whether shareholders btc, altcoin, or btc users themselves?

Supply (current bitcoin owners) and demand (people wanting to purchase bitcoin).  The supply is pretty straight forward, but the demand isn't.  There's a lot of fear, confidence and speculation which affects demand.  Since Bitcoin is not yet widely adopted as a method of payment, it's that much more volatile.

[digaran]

Whether shareholders and holders and owners what? you didn't finish your sentence, but here you go anyways, there are 2 major players in the whole crypto world, China and the USA both their governments and investors are the ones affecting the prices, if it was the central banks manipulating the monetary system now people and independent investors are involved as well, if some saying hold your coins is because if we hold them we could potentially have some impact on the market however small.

[hatshepsut93]

I just follow btc developments this month. I see every day btc price up and down. Which is my question, what are the factors that affect the rising price of the btc? Whether shareholders btc, altcoin, or btc users themselves?

There are tons of factors that drive BTC price, and it's impossible to predict how the market will react to some upcoming events. Sometimes it rises/crashes, sometimes it stands still, sometimes it even moves in the opposite direction that you would normally expect. So, it's better to be a long-term investor, because it's very likely that the price will increase in long term, rather than sit all days looking nervously at charts and try to day trade.

[lucifochrome]

I think that the law of supply and demand affects the rise and fall of bitcoin or there can be other factor as well such as if it gets so hard to mine and the price of electricity people who have earned bitcoins will hold on to their coins until such time that the price of bitcoin is high. Guess that will still fall under the law of supply and demand. This is just my opinion

[Anegg]

I just follow btc developments this month. I see every day btc price up and down. Which is my question, what are the factors that affect the rising price of the btc? Whether shareholders btc, altcoin, or btc users themselves?

Bitcoin is affected by:
- Supply and demand. When supply goes up, price goes down. When demand goes up, piece goes up. When supply goes down, prices go up. When demand goes down, prices go down.
- Recent news, events and media attention that bitcoin gets.
- The dark net, say if a site got shut down, it would impact price of bitcoin.
-Other alt coins.

[IamHigh]

I just follow btc developments this month. I see every day btc price up and down. Which is my question, what are the factors that affect the rising price of the btc? Whether shareholders btc, altcoin, or btc users themselves?

It's totally speculative and depend on the demand and supply basically. If more people are willing to buy, the price goes up. The factors affecting the demand are very various and not one dimensional things.

[Kotone]

Maybe you can see the changes of bitcoin to be honest if the holders will sell their bitcoins they like dumping their coins of vourse the price will drop also the volume and demand of every coins and alternative coins

[Phyton76]

I just follow btc developments this month. I see every day btc price up and down. Which is my question, what are the factors that affect the rising price of the btc? Whether shareholders btc, altcoin, or btc users themselves?

Obviously it is because of the demand and supply of the bitcoin in the exchanges not all exchanges have a the same value of market price of bitcoin so i just it is because of the demand of a lot of people who are investing and holding bitcoin that affect the maket value.

[Maveth13]

I just follow btc developments this month. I see every day btc price up and down. Which is my question, what are the factors that affect the rising price of the btc? Whether shareholders btc, altcoin, or btc users themselves?

Bitcoin is affected by:
- Supply and demand. When supply goes up, price goes down. When demand goes up, piece goes up. When supply goes down, prices go up. When demand goes down, prices go down.
- Recent news, events and media attention that bitcoin gets.
- The dark net, say if a site got shut down, it would impact price of bitcoin.
-Other alt coins.

I agree, supply and demand is a huge impact for a non-regulated currency. The users themselves affect the price. The panic selling because of FUD recently is an example, it's one of the cause of the huge price drop.

[colossus]

The situation on the market, the mood of investors, sociological factors too

[skyline247]

  The price has risen 50% in the last couple days due to BIP91 activation. I could not believe my eyes upon waking up to see the price went up so much in such a short period.
  I can't recall ever seeing such a significant price increase in any market in my life. It is almost unbelievable, but such is the nature of cryptocurrencies.

[NikS13]

News about bitcoin, like bitcoins getting banned in Germany (not true tho but just as an example)

[LouVandetta]

Motsly because of rumors, news, and FUD. Especially for newbies.
Supply and demand. And now, I think that august 1st really affecting the prices.
There's also investors and lots of peope are panic selling.

And actually there's still more of it.