what determine BITCOIN Price ?

[aencarnaci]

Supply and demand determines the bitcoin price.

Actually, the price of bitcoin was depend on supply and demand on online market. The price of bitcoin is volatile and we all know that it always chane and I guess the main why bitcoin change its price is the fluctuation of supply and demand on online market. But still the no can predict what would be the price of bitcoin.

Yes right the prices are dependent on behavior of investor demand, if demand id low the bitcoin will face dump and investor will be panic, and if the new investors comes to it the prices will automatically to the rise and the beneficial situation for the investor is the new comers and new investors as they keep coming bitcoin will go up to the 10000USD+.

[Simss]

I think that affect the price is the demand from consumers and also the supplied supply. the more demand that comes and the less supply will make the prices soar and unpredictable.

[catvantuong]

In my opinion, the important factor of bitcoin price is supply and demand.
These two factors will determine the bitcoin price

[ankit05]

 i thing Everything surely determine by supply and demand,Supply and demand determines the bitcoin price.

[winspiral]

we should say "what does determine BITCOIN Prices"

Because at each place the bitcoin price is different.

[Yarskdave]

The answer to this question is rather simple and it lies in basic economics: scarcity, utility, supply and demand.
By definition, if something is both rare (scarce) and useful (utility) it must have value and demand a specific price, with all other things being equal.
Take gold, for example. Why does gold cost as much as it does? Put simply, it is relatively expensive because it is rare, hard to find and limited in supply (scarcity). Gold also has some uses to which consumers derive satisfaction from (utility).
The combination of these two elements creates value by which price is determined based on the market’s supply and demand.

[DrToken]

It is determined by the free market: supply vs demand

Dear friends!
I do not understand why many members of the community do not take into account the influence of state regulations on the price.
We just recently saw how it works.

Yes, at least somebody) But not only - the cost of electricity in countries where many farms for mining, as well as competition (alternative crypto currency appears every day)

[HasHe]

Bitcoin price is mainly driven by the community support.Bitcoin price is what the value people are ready to pay for it just like gold.Its price increases and decreases based on the increase and decrease in demand for bitcoin.Just we saw immediately after bitcoin legalized in japan,there was a huge increase in demand for bitcoin and hence its price also increased.Similarly when china banned ICOs,immediately most people especially newbies started selling their bitcoins which created a decrease in demand for bitcoins and hence its price fell down from $4,000 to almost $3,000.

[Zackgeno96]

Price of the any product is totally depends on the demand for that product. In the same way, if the demand for the bitcoins is constant then the price of the bitcoins will be stable. If there is any negative news regarding the bitcoins, then people will fall into the panic selling and the demand for the btc ill be decreased so the price will be fallen. On other hand, if there is any positive news then more and more investor, new buyers will buy the btc then automatically price of the bitcoin will be increased due to high demand.

[winspiral]

It is determined by the free market: supply vs demand

Dear friends!
I do not understand why many members of the community do not take into account the influence of state regulations on the price.
We just recently saw how it works.

Yes, at least somebody) But not only - the cost of electricity in countries where many farms for mining, as well as competition (alternative crypto currency appears every day)

the cost of electricity has absolutly nothing to do with the price of bitcoin.

There is a saying:
If making a deep hole has a big cost does not mean the hole will have a big price.

With bitcoin it is the same.

[fiulpro]

It depends upon the demand and supply rate, for example you are in an auction and you need to buy something but ! Only 1 of that thing is present and the bidders are 4 , all four of you will try to place higher bid to get that thing .. but if there is 1 thing and person who wants is only 1 then the person can easily negotiate with the price as he please because There is no demand of that product in the market..thus the value of bitcoins depends upon the deman of people who wants to.posses it.
Also it should be accepted by the government that makes people believe more about it.

[brickafterbrickwalldpt]

It's determined by two similar factors that also apply to normal currency, supply and demand.

[milewilda]

It is determined by the free market: supply vs demand

Dear friends!
I do not understand why many members of the community do not take into account the influence of state regulations on the price.
We just recently saw how it works.

Yes, at least somebody) But not only - the cost of electricity in countries where many farms for mining, as well as competition (alternative crypto currency appears every day)

the cost of electricity has absolutly nothing to do with the price of bitcoin.

There is a saying:
If making a deep hole has a big cost does not mean the hole will have a big price.

With bitcoin it is the same.

Hes just only telling things in regards on bitcoin mining which he do see on the electricity cost and as you said theres nothing to do with the price of bitcoin itself.Only miners would only benefited once they do plan to mine bitcoin.The price would determine regarding into its demand if theres a high number of demand then expect it would be more valuable.

[rfcdejong]

As practice shows, the price of btc affects:
1) The News flow.
2) Global disasters (the latter is connected with Catalonia).
3) The Credibility (popularity) and capitalization.

[Marucya]

The price of bitcoin is determined mainly by the law of the market - the ratio of supply and demand. Also, the rating of the team influences the price of bitcoins, which ensures the functioning of bitcoin and its capitalization, the presence of vulnerabilities.

[jak3]

Let me Elaborate. in a market, Price is determined by calculating how much demand and Supply does a commodity has. And each market which can calculate price according to this method is called a free market that means people have free exits and entry too. Anyone can place a new order(Buy) or Close them(Sell). So it causes in many different exchanges like bitstamp or bther etc and we got bitcoin whales concept too.

[pyedpyper]

Supply and demand determines the bitcoin price.

Actually, the price of bitcoin was depend on supply and demand on online market. The price of bitcoin is volatile and we all know that it always chane and I guess the main why bitcoin change its price is the fluctuation of supply and demand on online market. But still the no can predict what would be the price of bitcoin.

Yes right the prices are dependent on behavior of investor demand, if demand id low the bitcoin will face dump and investor will be panic, and if the new investors comes to it the prices will automatically to the rise and the beneficial situation for the investor is the new comers and new investors as they keep coming bitcoin will go up to the 10000USD+.

I agree with you it’s all dependent investor behavior .for example if investor think the price of bitcoin dump now this is good time for buying bitcoin  the mind of investor think about become future how many profit get it there are too many investor they look for good time to buy bitcoin its all dependent investor

[PizzaBTC]

Supply and demand determines the bitcoin price.

Actually, the price of bitcoin was depend on supply and demand on online market. The price of bitcoin is volatile and we all know that it always chane and I guess the main why bitcoin change its price is the fluctuation of supply and demand on online market. But still the no can predict what would be the price of bitcoin.

Yes right the prices are dependent on behavior of investor demand, if demand id low the bitcoin will face dump and investor will be panic, and if the new investors comes to it the prices will automatically to the rise and the beneficial situation for the investor is the new comers and new investors as they keep coming bitcoin will go up to the 10000USD+.

The main thing is use demand or investor demand on which price of bitcoin is depending,  as investor invest a lot the prices will go up in no time and as the investor starts selling rapidly then there will be a dump that gives also benefit to the new comers an this phenomena is used to determine, and now prices are up high so good luck to investors. 

[taiwww]

By simple principle of economics price of any commodity is determined by the flow demand and supply of that commodity. If that commodity is scare in nature then obviously its value increases. Same is happening with Bitcoin, total number of bit coins  are restricted to 21millions so they are always in demand. Bitcoins are becoming more and more popular due to its usefulness nature. These are three factors (High demand + Limited supply + high utility or usefulness) determine the price of Bitcoins.

[TabeMan]

Supply and demand. Most think this is a fiat currency. I beg to differ.
-Tabe