Question of Bitcoin Price Change

[behindcrypto]

Bitcoin’s value is dependant on the intensity of demand and supply there is. The demand is a market factor. The intensity with which the market needs the commodity fuels the demand aspect. Supply however is a limited factor within the Bitcoin economy since the number of bitcoins there can exist within the network is limited to 21 Million.
There isn’t any actual set price for a Bitcoin. The price of Bitcoin is a balance between what price someone is willing to trade with to part from the Bitcoin.

[speedy963]

Most of the times the price changes are due to so many circumstances, like news and other stuffs related to rumors and issues, investors who are behind those big quantities of trades, or those bag holders, while some are because of those groups that are behind the pump and dump issues. You need to be aware of those things before you join this community, and mostly you have to control your emotion as needed for you to survive this economy.

[datodota002]

i'm new to the bitcoin community so i'm just very curious about what causes the prices to sometimes skyrocket but then drop really low so quickly. Thanks

bitcoin price always change is because the demand and supply, as you know bitcoin is just 21 million for all people in the world and when more people buy bitcoin price will increase because bitcoin will be an antique thing.

[Kakmakr]

Bitcoin have loads of early adopters who bought 1000's of coins at very cheap prices. These guys are called Bitcoin Whales. Some of them are working together on different markets to manipulate the price in their favour. They use their cash reserves that they have built up from previous sales to slowly push up the price < as a unit > and this triggers other people to start to buy. < anticipating a breakout price >

When the price reach a specific target price, they start to dump their coins to take some profit. < So they start buying low and then they sell at a higher price > ^smile^

[fanbeila]

Bitcoin being a decentralized currency,its price is determined by the value the buyer is ready to pay.In other words,its price either increases or decreases as per the increase and decrease in demand for it.but earlier,when china had a dominating position in bitcoin market,its price was mostly manipulated by chinese investors by dumping their huge volume of bitcoins at once.Also,big whales spread FUD in the market to make new investors panic and they rebuy those bitcoins at low price.

But now,chinese manipulation is not possible since bitcoin has users world wide.Now,mostly FUD is responsible for high fluctuation in bitcoin price.

[raymart0720]

it is not new to that kind of happening
we all know that bitcoin's behavior is pumped and dumped every time if there will something happen that is related to CRYPTOCURRENCIES
and the law of supply and demand and also like what happen to china last month where the bitcoin loose its price to 3.5k USD
and we all also know that bitcoin will recover blazing fast like a month I think
4825.01 US Dollar is the current price now yesterday it was 4.2k USD see how much and it hit the mark of 4.5k USD amazing

[rcoins0720]

that is the one disadvantages of bitcoin its unstable behavior in charts
the law of supply and demand occurs in every time the more the user the more the coins will go the more user holding.
the rare the coins the higher they price

about going down if there is something happen like china did where if it is related to crypto it will also affect

[Gotumoot]

There are ways in which the price of bitcoins increases and sometimes falls. It is a demand for demand so the price of bitcoins is increasing. And when it comes down to panic selling is called it. Because people are forced to sell because they are losing money if they just let them.

[Passive Coin]

Wow! Today, Bitcoin around $4840 on Bitstamp.  
I do not think, it will ever fall under $4000, even if any panic happen.

The weak point of bitcoin - it's traded on many exchanges.
When a whale or investment fund manager come with big order, can easily influence the price.
I observed that scenarios at Bitstamp in September, when sell orders of 200 BTC or higher dumpened the price by $100 in five minutes.

[mevmike]

since there is really no central agencies that can control bitcoins price therefore you can only look into the demand and supply as the main factor which causes it either to go high or fall.
it doesnt really matter if all countries will ban the use of bitcoin in their countries as long as there are people who are willing to engage in bitcoin then it will continue to thrive..

[rockatone]

Just an addition to the many reasons regarding price changes in Bitcoin and other Crypto currencies. still a newbie but i noticed before when other investment drops in stock market like gold, oil etc due to many causes, some investors tend to pull their investments and run to Crypto thus resulting to a high demand. But now on the contrary, the recent nuke testing of North Korea also contributed to the pullbacks of BTC in the previous months, clearly stating that there is no safe place for our investments when a big player manipulates everything.

[Opquar]

It follows the law of supply and demand, as most stuff do. The reason why it's incredibly volatile, though, is because there is no central body that can manage the price. It's a completely free market, and it's completely up to the people to price it. More users should also mean less volatility.

[bitcub]

Bitcoin's price rally is based from:
1. The normal bitcoin price chart.
2. Some manipulations from the big whales.
3. Price adjustments vs Alts.

During price rally, I usually sell all my Alts to BTC, because alts tend to dump for more than 40%. So what I did is to buy it from the bottom.

i'm new to the bitcoin community so i'm just very curious about what causes the prices to sometimes skyrocket but then drop really low so quickly. Thanks

[gilabusuk1]

if the bitcoin price goes up of course it is due to its increasing use and then if
bitcoin prices down in my opinion it is because of the issues there that make the bitcoin price down

[sidmlm]

bitcoin price change or why bitcoin price up and down so simple method to explain theory of supply and demands if dimands is high price also high if dimands low then price also low

[mozillaspez]

Bitcoin is a very volatile thing, the price surely can raise so drastically though in a short period of time. The most important factor is supply and demand, then market sentiment and the created FUD. In China’s case yesterday was the news that created market sentiment then created a very large FUD and eventually increased supply and reduced demand in a greater scale.

When there is a shortage of supply then there is a huge effect while there is more supply then the demand goes decrease or the prices goes high then the demand goes decrease. So it’s depend on product too that how much it’s cost.

[pranaja]

Fluctuating Bitcoin prices have become a daily complaint of Bitcoiners around the world. there is one factor that influence the rise and fall of Bitcoin prices such as the small volume of Bitcoin spread across the network

[UCHCHILD]

The value of bitcoin depends on how people support and hold the coin,  when the bitcoin has the large stock on market then surely the value decreases, when it is so low supply in market of bitcoin then it means the value will goes high
The more investment in bitcoin the higher the value so if people will not support the bitcoin then the value will gp down.

[procryptoguy]

i'm new to the bitcoin community so i'm just very curious about what causes the prices to sometimes skyrocket but then drop really low so quickly. Thanks

there are actually quit a lots of factor involved in this.
1.Infulance of some government like their legal support on it.
2.any hard fork happening in future or not.
3.any special event like fifa world cup comming on of not.
4.Any big statement from a big bank ceo about bit[Suspicious link removed]d or bad.

So basically all this news controls the pump and dumps.

[Hanebel]

It's true that bitcoin prices are mainly due to demand of it.And demand is greatly affected by a lot of events, like for now,bitcoin price has decrease which is mainly due to ICO band in China.Because of the band also of the band, some people are scared to buy bitcoin.