preditor422
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November 09, 2017, 06:37:20 PM |
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According to me by seeing all the facts and readings,I think there is no one factor which affects bitcoin market,many things like selling,purchasing, economic fall in certain country,fall in other altcoins or fiat,some news or action taken by some government etc .
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GreenCoin22
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November 09, 2017, 07:04:27 PM |
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The core thing in the prices of market is demand and supply of it. When people demand BTC too much they are willing to pay a few cents more for it. And people who sell it will be happy to sell it with higher price so the good news affect people to demand it and sell it higher. When the opposite appears people just start to sell it with lower prices than market price and people who demand ti are not willing to pay the exact market price so the price will go down.
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Amilhussin24
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November 28, 2017, 08:51:04 AM |
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The factors that affect the rise and fall of Bitcoin is the government Regulation. because when government for example, releasing an official statements, about regulation of digital currencies, automatically the price of bitcoin is normally affected. even though if the actions of a certain government are not related to the virtual currencies directly, still the impact will be felt. The media can also influence the bitcoin price. their hype can easily lead to an increase in the price, and negative news can lead to a decline in the price.
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Nyenyepogi
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November 28, 2017, 09:00:50 AM |
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Supply and demand.
Like other commodities, more demand + rare supply = High prices.
I give you an example, let's assume bitcoin as wood: Wood in the world is a rare, but many people need it, then the price will be more expensive. If wood stocks are overflow, and demand is normal / fixed / down, the price is definitely down and could be "brutal" as well. *Ignore mafia game
i agree with you this is the best answer that i've seen because of the demand and supply so thats why the value of bitcoin is to stable, do you know why the value of bitcoin is still increasing ? because the supply of bitcoin is limited 21million supply so i see that 16 million is already mined by miners so we need to expect that the demand is high the value is going to increase more.
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cosmoo
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November 28, 2017, 09:06:20 AM |
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This could be a good news or bad news. The efforts of strong players. But Bitcoin is unpredictable basically
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imstillthebest
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November 28, 2017, 09:15:57 AM |
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The core thing in the prices of market is demand and supply of it. When people demand BTC too much they are willing to pay a few cents more for it. And people who sell it will be happy to sell it with higher price so the good news affect people to demand it and sell it higher. When the opposite appears people just start to sell it with lower prices than market price and people who demand ti are not willing to pay the exact market price so the price will go down.
demand and supply is not the only factor that affects the value of bitcoin. some factors that may possibly affect the value of bitcoins are : whales, fud's, volatility , speculations, news ( fake or legit ) , countries or governments banning bitcoin or exchanges ( online and offline) etc... but overall , the rise and fall of the price is pretty normal and it always happened all the time , not only in cryptocurrency but also in fiats or real money.
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arief89
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November 28, 2017, 09:18:06 AM |
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factors affecting bitcoin prices ie Volume And Spreading Bitcoin ... Why does this volume greatly affect the movement of Bitcoin? To see the relationship between the two, we can first understand the basic fluctuations of Bitcoin that are really determined by supply and demand in the market. If many people buy Bitcoin in large quantities, of course the price will rise sharply. In fact, Bitcoin may decline if many of its owners sell in large quantities. Because the volume of Bitcoin is not much and the circulation is uneven, the Bitcoin movement is very sensitive to the actions of the holder. When someone buys or sells Bitcoin in large quantities, then the price can be directly extreme moves. If in the future Bitcoin volume increases and the distribution is evenly distributed, then volatility will slack off by itself.
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Rahar02
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November 28, 2017, 09:21:12 AM |
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One answer; "acceptance". Bitcoin price is driven by the demand across all the global exchanges. If people and government really accept bitcoin such as in Japan, where you can spend bitcoin easily, everywhere and maybe can live in there without using fiat currency anymore. But the problem today, bitcoin price rise and fall based on speculation as people treat it as investment rather than medium of exchange or currency. So, if some people say; the price increase if there are good news and vice versa, it maybe right.
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micheal wang
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November 28, 2017, 10:00:09 AM |
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hello! bitcoin prices are determined by demand and supply. as demand for bitcoin increases, prices increase and as demand falls, prices fall. bitcoin is already circulating in number and new bitcoin is made with predictable and declining rates, which means demand must follow the inflation rate to keep prices stable.
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Swenna
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November 28, 2017, 03:16:48 PM |
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What mostly affects the rise and fall of bitcoin in the market is the number of demands and supply there is. The higher the demand for bitcoin and the more willing the people to buy and invest, the higher the price will be. But if there are lots of supply circulating in the market and the holders had all cashed out, the price will eventually crash. It's all about the basics of the Law of Supply and Demand.
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tr3yson
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December 03, 2017, 09:48:49 AM |
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It is simply the Good and Bad news relating to Bitcoin. If the community will receive a good news, of course, more people will get interested in Bitcoin especially investors then demand will increase which result in its price increase also. When we receive a bad news mostly what happened is a panic selling which leads its price to decrease. Examples are the banning of ICO or simply Bitcoin in some countries.
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khaled0111
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December 03, 2017, 10:05:30 AM |
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Bitcoin value is highly affected by the demand "the amount of a product people are willing to buy" and sypply "how much the market can offer" law. Cryptocurrency market can also be affected by rumors and news announcements, we all remember the impact of rumors when China started banning bitcoin.
Many other things can affect Bitcoin value, such as governments policies (banning or regulating), concurrence with other coins, technological innovation...
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Raju149
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December 03, 2017, 10:08:47 AM |
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The factors that influence the price of bitcoins are quite diverse. Some of them are slow but quite steady, such as the gradually rising supply and demand curve. Others are sentimental and violent, like the speculative trade, which influences the trading of bitcoins each day. In spite of the opposing forces, which often exert their influence on the bitcoin market, the long-term average price seems to be on the rise. Note that learning about these factors will not necessarily make the bitcoin price more predictable. However, understanding them can help you to be more comfortable with the price fluctuations and make informed decisions at the right time.
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szpalata
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December 03, 2017, 10:42:55 AM |
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This could be a good news or bad news. The efforts of strong players. But Bitcoin is unpredictable basically Of course it cannot be predictable because it's not being controlled or regulated by a singular body and this quality makes it decentralized and away from the hands and influence of governments around the world.
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markleal
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December 03, 2017, 11:05:46 AM |
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Hello!
How BTC's price change? What are the factors that affect the rise and fall of the BTC?
Hi there catapult! In my half year reading, investing, and trading I have notice so many factors that affect the price change, which I think the top three are following: First, when popular people talk about bitcoin. Remember when Bill Gates that the bitcoin will hit the 10k mark, the price suddenly skyrocketed; then this JP Morgan CEO talk about that bitcoin is bubble, what follow is a huge dip. Second, when government prohibit the. When the news came out that China prohibit new ICO and further processing of cryptocurrency, it also came with a huge price drop. Third, company support to bitcoin. When CME announce the bitcoin future contract plan, it sure fire the next price hype. There are other factors like influential investor advice and emotions.
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wisdomcn
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December 03, 2017, 11:29:48 AM |
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It have been known that Bitcoin prices change based on how the demand for bitcoin is going. Since supply of bitcoin is fairly constant considering the low and controlled inflation rate in bitcoin, demand is usually all we need to worry about. before you try to predict the rise or fall in the price of bitcoins, it is important to understand that when more investors comes in the price will raise also there is a massive withdrawal is likely to affect the price.
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Yazrielle
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December 03, 2017, 11:58:23 AM |
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The bitcoin price affect when theres more demand but less supply,that is when the bitcoin's price rises. When the holders rushes to sell their bitcoins that's the time you can buy cheaper btc,just like the newly created coins when the dumpers dump their coins the value of it gets verry low.
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tranquangvinh
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December 03, 2017, 12:10:44 PM |
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Factors affecting the price of bitcoin depend on the supply and demand of bitcoin. This means that when the bitcoin price increases, demand is high. when bitcoin prices decrease, supply is high. Most of the decisions to buy or sell bitcoin depend on the news of bitcoin, if there is good news about bitcoin, the bitcoin price will increase.
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Painbird
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December 03, 2017, 12:27:36 PM |
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Actually cryptocurrency is not on anyone hand. So actually its not on anyone hand to rise and fall down. It goes on its way. Some fact having on that it can act as few to rise and fall. I think myself when the using of the currency is increased then the price generally goes up. That would be a fact. On the other hand when the selling is become so high then the price may go down. So the understanding of falling and rising depend on lot of things as well.so stay tuned with all the news with cryptocurrency we will get all of your answer about cryptocurrency pair.
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heninur
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December 03, 2017, 12:37:13 PM |
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I think it depends on the demand, if many people buy bitcoin definitely bitcoin will be more expensive, but if bitcoin sold a lot then bitcoin prices can go down, but the point depends on news, if there is good news about bitcoin then demand will Much more and bitcoin price will more expensive.
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