NuttyOrange
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January 13, 2018, 08:50:32 AM |
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The price really depends on the behavior of the buyer and the seller, this is how we determined demand and supply affect also the price of bitcoin. In the future, the price of bitcoin will surely go even higher since the demand for this is continue to increase.
Yes, I agree the price is determined by the number of Bitcoin supply and demand. If more and more demand price Bitcoin will continue to rise and vice versa. Best wishes and I hope there are still many people who need Bitcoin. Yeah I also agree, I wonder when this demand would go down considering that all of the possible investors have joined. What I mean is when does the price reaches its max level. |
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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coplanarbah
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January 13, 2018, 07:15:43 PM |
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The price of Bitcoin is determined by a lot of factors like the currency value and exchange, including the transferring fee and the power of the currency over others.
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dzkazmi
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January 13, 2018, 07:33:34 PM |
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Both buyers and sellers affects the price, whenever someone sale and someone buy, this changes the price.
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fogsan
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January 14, 2018, 01:34:44 AM |
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I have just been recently trying to know how our legend crypto (Bitcoin) price determined. I really need to know more about this. Pls how is the price determined from time to time?
Just like the legal currency, the value of supply and demand will be decided. |
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DARKANGEL6415
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January 14, 2018, 07:19:49 PM |
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Unlike normal companies that are traded on the financial stock markets bitcoin falls into a different category. First of there is noone corporation controlling it so cant treat it like one. Now as others said basically the price comes from people buying it up and driving demand up. This is also how many of the world currencies work they are essentially worth in what faith value is pegged to them.
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shetat
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January 14, 2018, 07:46:09 PM |
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It depends on the seller and buyer....
If many sell bitcoin but only few buyer price diffinitly is going down....
But today, many buyer but limited seller.... Price is increasing like fire in burning forest.....
They increase the price to buy bitcoin and the rest will do the same..... Price keep on increasing...
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p i e c e
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January 16, 2018, 07:35:23 AM |
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I think that at last time so much noise were about Bitcoin and its prospects that this coin was overpumped. Now the price is stabilizing. With the time we’ll see the moderate growth of Bitcoin. |
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KingOfWinterfell01
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January 16, 2018, 07:55:09 AM |
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I have just been recently trying to know how our legend crypto (Bitcoin) price determined. I really need to know more about this. Pls how is the price determined from time to time?
Really depends on a lot of things but it always circulates around supply and demand. When the demand is high, price is high. When supply is low, price is high. Price also depends on big fish sellers or "whales" who sell bitcoins at a high price to allow bitcoins price deviations. |
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Wylie330
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New Era of Freelancing
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January 16, 2018, 07:57:52 AM |
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Bitcoin's price determined by supply and demand. Since it is with a limited supply, if demand gets high then price tends to go up as well because supply is getting more limited when there are many buyers.
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Pamela Jobelle
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January 16, 2018, 08:01:37 AM |
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The price of Bitcoin is determined by the demand of the people and how the buying and selling forces agree and settle with a price. We the people who are into trading Bitcoin are the ones who determine the price of Bitcoin that is why it is so volatile. It depends on the flow of stocks. Like in stock market it defends when do you want to pull out your assets and when the price is higher you can sell you BTC when the the BTC is in it's lowest price you can buy some.
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kinzey
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February 17, 2018, 05:07:49 PM |
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I have just been recently trying to know how our legend crypto (Bitcoin) price determined. I really need to know more about this. Pls how is the price determined from time to time?
Btc price is just the same as any commodity item. The less the supply the higher the price. So when a lot of people buy btc then btc price goes up. And when fake news spreads and people sell their btc so demand is less so the price of btc goes down |
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Banulit
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February 28, 2018, 12:57:21 PM |
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the value of bitcoin determined by the number of people and investor wants to become a huge value or low prices it depends on the users of bitcoin.
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cizatext
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March 01, 2018, 05:34:02 AM |
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Bitcoin is a decentralized digital currency and at that no one or an organization determine it Price, bitcoin as every other commodity operates on the economic law of demands and supply once the demands is high then the price will be high also and once the demands fall also expect the price to go down also. So the is no other mechanism to how bitcoin price is determined.
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traderethereum
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March 01, 2018, 05:38:38 AM |
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the value of bitcoin determined by the number of people and investor wants to become a huge value or low prices it depends on the users of bitcoin.
you are right, although we cannot predicted the exact price when it's increase or decrease, we could still use the price to buy and sell the bitcoin and we can make a huge profit. when there are too many wants to buy bitcoin, this will make the price moving so fast to be filled in the market and the price will moving up and down but this will not stay too long and there is a moment for the price to stay at one price level. |
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cemburu
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March 01, 2018, 06:15:24 AM |
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I have just been recently trying to know how our legend crypto (Bitcoin) price determined. I really need to know more about this. Pls, how is the price determined from time to time?
Bitcoin prices are largely determined by many or few buyers and sellers. That's what causes Bitcoin prices to go down and up in seconds. |
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anjaydut
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March 01, 2018, 11:32:27 AM |
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no one can determine the price of bitcoin, because bitcoin is not controlled by any party.
if in my personal opinion, the most affecting the bitcoin price is, the investor's confidence in the bitcoin itself.
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nhoj25
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March 01, 2018, 11:52:59 AM |
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I have just been recently trying to know how our legend crypto (Bitcoin) price determined. I really need to know more about this. Pls how is the price determined from time to time?
No one knows what will be the value of it in the next few hours, day and month. There is no intrinsic value of Bitcoin, it is all demand and supply. High demand and limited supply make Bitcoin most valued digital currency in the world. if you are into trading, you can find more here : https://bitcointalk.org/index.php?board=8.0 . |
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BitcoinsGreat
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March 03, 2018, 03:37:45 AM |
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Every thing is worth what someone will pay for it, that is the single solitary fact in crypto. Those numbers move up and down, first by the sales themselves, creating panic or interest, and then by the rumors and information that is floating out there. Lastly, there are the world factors, like popular games(Pokemon) or popular people, and current events that trigger coin creation and value changes.
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Unicorn_Heart
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March 03, 2018, 03:44:50 AM |
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I have just been recently trying to know how our legend crypto (Bitcoin) price determined. I really need to know more about this. Pls how is the price determined from time to time?
It is somehow hard to determine the price. Big players influences the price through demand though. The more people patronizes it, the higher the price of bitcoin can get. This is not really different from any other goods that become expensive after being introduced into the market. That simple. |
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Aryadwipanggah
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March 03, 2018, 03:49:40 AM |
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the bitcoin price is determined according to market conditions, in terms of economic laws, the more bitcoin users the price of bitcoin increases, so the opposite is, the lower the users of bitcoin the lower the bitcoin
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