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Author Topic: name what's affecting the cryptocurrency price  (Read 572 times)
CrypTrends (OP)
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September 22, 2017, 02:33:50 PM
 #1

hi there
can you name what's affecting the cryptocurrency price?
from what i know it's the supply & demand, technology and team behind the coin, and regulation.

if you name what's affecting the price please elaborate so maybe we can learn new things from you're insights
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September 22, 2017, 03:18:45 PM
 #2

it is always supply and demand.

the supply part is how many coins are available, the total supply and circulating one. the miner rewards or the way it is distributed, the sell pressures these create, what other rewards there are,... and generally things like that.

the demand is affected by the technology behind it. sometimes it is purely speculative which only lasts a short time (mostly pump and dump) sometimes there are other things such as real world usage of bitcoin as a decentralized currency when people actually use it or the anonymity of transactions that Monero offers. or the investment in ICOs that forces you to buy ETH tokens.
the size of this demand determines the price
and type of this demand and how long it can last determines how long that reached price can last.

There is a FOMO brewing...
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September 22, 2017, 03:20:20 PM
 #3

Putin, Vitalik and Kim.
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September 22, 2017, 03:21:45 PM
 #4

Bitcoin is overbought. Plus there are some bad news roaming around the market  which are affecting the price.
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September 22, 2017, 03:24:26 PM
 #5

Supply and demand, for sure. And these days, the demand has been lessen by the act of banning all exchanges and trading platforms in China, which by far, has affected the price of bitcoin. There are, or maybe i should say there were, thousands of people trading bitcoin and many other alt coins from China, and if you take them out, which is what has been done recently, then it is what we see; affected marketplace. For bitcoin to keep going higher, it needs the demand to increase, but if the demand goes in the negative way, then of course we will see a drastic change in the price.
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September 22, 2017, 03:25:49 PM
 #6

Supply and demand, for sure. And these days, the demand has been lessen by the act of banning all exchanges and trading platforms in China, which by far, has affected the price of bitcoin. There are, or maybe i should say there were, thousands of people trading bitcoin and many other alt coins from China, and if you take them out, which is what has been done recently, then it is what we see; affected marketplace. For bitcoin to keep going higher, it needs the demand to increase, but if the demand goes in the negative way, then of course we will see a drastic change in the price.

I am happy now that the uncertainty about China is over and this cloud can stop hovering on top. Bitcoin will just continue to grow, slower but healthier goo, this is what we need rather than pump and dump
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September 22, 2017, 03:28:49 PM
 #7

Я дyмaю чтo пoлитикa бyдeт oчeнь cильнo влиять нa кpиптoвaлютy! И ee yзaкoнивaниe тoжe!

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September 22, 2017, 03:32:11 PM
 #8

Supply and demand, for sure. And these days, the demand has been lessen by the act of banning all exchanges and trading platforms in China, which by far, has affected the price of bitcoin. There are, or maybe i should say there were, thousands of people trading bitcoin and many other alt coins from China, and if you take them out, which is what has been done recently, then it is what we see; affected marketplace. For bitcoin to keep going higher, it needs the demand to increase, but if the demand goes in the negative way, then of course we will see a drastic change in the price.

I am happy now that the uncertainty about China is over and this cloud can stop hovering on top. Bitcoin will just continue to grow, slower but healthier goo, this is what we need rather than pump and dump
The China issue is still affecting thr bitcoin price right now. And I've been reading about another dip before the month ends. So being happy at this moment could only posible if you take this advantage to buy coins that are on "sale".

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September 22, 2017, 03:38:12 PM
 #9

hi there
can you name what's affecting the cryptocurrency price?
from what i know it's the supply & demand, technology and team behind the coin, and regulation.

if you name what's affecting the price please elaborate so maybe we can learn new things from you're insights
I am sure that the possibility of the Chinese banning bitcoins and other cryptocurrencies is the reason why the value is going down and it seems that Jamie Dimon is at it again and this week he is saying that Bitcoin is a worthless cryptocurrency and am sure newbie investors are still listening to him and selling their stock of bitcoins.

 
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September 22, 2017, 03:49:53 PM
 #10

Every time some idiot in government with zero knowledge of Bitcoin opens his or her mouth and talk a bunch of crap about

how bad Bitcoin is, the price takes a dive. Look at every big drop in the price and you will see some government making some

bad remark on Bitcoin or trying to ban it. The other influence come from their buddies the Banks. { Lately we have seen

what impact the idiotic remarks from the CEO {JP Morgan} had on the Bitcoin price. }  Roll Eyes

The rest is Supply & Demand.  Grin

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September 22, 2017, 04:02:45 PM
 #11

- FUD/HYPE and over speculation can easily drive price.
- Supply and Demand plays key role but on some price rally this doesn't make any sense.
- Also some whales can easily manipulate price.
- Whales can put bull trap by simply buying what they are already have in steady manner to attract more new traders to buy it so they can dump all their holdings at peak.

There are many things that can affect crypto market so it is hard to list them all here.
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September 22, 2017, 04:07:03 PM
 #12

In my knowledge and in my experiences. Really affecting the price of crypto curency is the demand for its buyer and its price rises. And what's happening in the world. Examples of China's stopping on ICOs Bitcoins prices have fallen as well as Altcoins for just about an hour. And Panic Selling will begin in that event as panic selling is due to people's beliefs that they will fall.
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September 22, 2017, 04:11:40 PM
 #13

For the current price fall, I named this coming September 30 which China is banning all mainland digital currency exchanges, is the one affecting the bitcoin price. Chinese investors are dumping while non Chinese are waiting for another opportunity to buy while in the dip.
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September 22, 2017, 06:10:45 PM
 #14

China ))
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September 22, 2017, 09:35:08 PM
 #15

hi there
can you name what's affecting the cryptocurrency price?
from what i know it's the supply & demand, technology and team behind the coin, and regulation.

if you name what's affecting the price please elaborate so maybe we can learn new things from you're insights

The main factors that affects the price of Bitcoin is the supply and demand, that is because Bitcoin is decentralized. And since the price depends on the demand and supply, Bitcoin's price is very volatile. The issues happening, bad/good news about Bitcoin, FUDs and trolls, they are all factors that affects the demand and supply. So basically, they are just an external factor for Bitcoin's price.

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September 22, 2017, 09:39:26 PM
 #16

Weak and new crypto investors are affecting the price of cryptocurrencies.  People coming from Stocks panicking when their investments have dropped 50% and selling at a loss.  A 50% drop is not uncommon in cryptos and the very next day it could be back up in the positive.
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September 22, 2017, 09:59:20 PM
 #17

whales
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September 22, 2017, 10:33:04 PM
 #18

Weak and new crypto investors are affecting the price of cryptocurrencies.  People coming from Stocks panicking when their investments have dropped 50% and selling at a loss.  A 50% drop is not uncommon in cryptos and the very next day it could be back up in the positive.
It affecting cryptocurrency price with the issues that it make down fall the price. Like China news to ban the ICO's and othe cryptocurrency news. These makes traders and users got panic to sell thei hodling coins.

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September 22, 2017, 10:33:48 PM
 #19

hi there
can you name what's affecting the cryptocurrency price?
from what i know it's the supply & demand, technology and team behind the coin, and regulation.

if you name what's affecting the price please elaborate so maybe we can learn new things from you're insights
The name was nothing to do, but that was related to the ticker that already used by the project itself. The name didn't give any impact to the coin. Because a lot of the token which had non sense name get decent track on its value rather than other with a good name.

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September 22, 2017, 11:12:20 PM
 #20

hi there
can you name what's affecting the cryptocurrency price?
from what i know it's the supply & demand, technology and team behind the coin, and regulation.

if you name what's affecting the price please elaborate so maybe we can learn new things from you're insights
The name was nothing to do, but that was related to the ticker that already used by the project itself. The name didn't give any impact to the coin. Because a lot of the token which had non sense name get decent track on its value rather than other with a good name.

I think you misunderstood the term "name" from the topic. OP asks to name or to tell what's affecting the price and the OP is not concerned about the "name" of the coin.

Supply and Demand, nothing else. This is the basis for the price. Other events or news just triggers the people to buy or sell some coins. The "trigger" affects the supply and demand and then the price follows.
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