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Author Topic: How is the bitcoin price determined?  (Read 1382 times)
Loopper
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March 03, 2018, 03:53:55 AM
 #121

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

But that can not be made a core of the high price of Bitcoin or falling prices. until now I don't know how to know the price of Bitcoin will be high or down in the future.
Dexion
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March 03, 2018, 04:08:33 AM
 #122

can not  predicted, bitcoin runs like water. through various obstacles.

sometimes rise high, sometimes also dropped dramatically. and sometimes also stable and unstable. there are many things that can affect the price of bitcoin. such as news from the media. spreading and volume, sales and purchases, and also hardfork.

in general that all internal and external factors can affect the price at any time.

ninot77
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March 03, 2018, 04:16:30 AM
 #123

I think the bitcoin price is determined by the market price and the investors, the more investors who join or put the capital of course the price increases
Seeker#9
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March 03, 2018, 04:28:11 AM
 #124

There are some factors that determines the price of bitcoin. These factors are: the supply of bitcoin and the demand for it, the exchange it's traded, regulations  and the number of competing cryptocurrencies. Bitcoin forks and its internal governance can also a factor in detemining its price. The perception of many investors, widespread acceptance, and technology can also contributes to the movement of bitcoin price.
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March 03, 2018, 04:28:46 AM
 #125

Just only apply the mathematical equation such bitcoin price determined the behavioral structure of the law of supply and demand, if less in supply but more in demand the price will go up and if more on supply but less in demand the price will go down. this scenario also plays as a major rule affected to bitcoin price. I really think just the same to that matter  to determine bitcoin price.

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March 03, 2018, 04:35:48 AM
 #126

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

But that can not be made a core of the high price of Bitcoin or falling prices. until now I don't know how to know the price of Bitcoin will be high or down in the future.

yes, and it's because bitcoin is different than the other and it's not controlled by anyone and it makes the price is up and down. but in the future, I really believe that the price will be in highest price because bitcoin still new things that people don't know and they don't know either about how the bitcoin price is determined. so there will be a war from buy position and sell the position and the price will always change.

zsfdsz
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March 03, 2018, 04:56:18 AM
 #127

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.

The price of bitcoin is unregulated, and like gold and cabbage, they are all determined by the supply and demand curve. There is no such thing as "setting an exchange rate."
cryptoislove
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March 03, 2018, 05:02:40 AM
 #128

The price is always combinations between supply and demand. I think the reason for the current spike in Bitcoin price is the increasing interest from institutional players
freshm4ker
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March 04, 2018, 01:22:00 PM
 #129

To me this is a balance of what 1 person is ready to pay and what others are ready to sell. Coupled with it as a whole raft of factors with emotional, supply and demand, and others. If there is a lot of supply the price will be low, the inventory is limited and the price will go up. Cool
JCO05
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March 04, 2018, 01:25:40 PM
 #130

In my opinion and based on my knowledge, just correct me if I'm wrong, the market value or price of Bitcoin is determined based on the demand as well as the volume in the market. As such when the demand is high it highly affects the market price making it  expensive. Mist of the cryptos are having the same thing wuth regards to each of their market value. That is why also most cryotos are volatile.

Premooooo
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March 04, 2018, 01:36:33 PM
 #131

for you to know the price of bitcoin you need to go to google and do not look at the price of its search you just btc to php it will appear.
coinlawyer
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March 04, 2018, 02:00:23 PM
 #132

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

But that can not be made a core of the high price of Bitcoin or falling prices. until now I don't know how to know the price of Bitcoin will be high or down in the future.

yes, and it's because bitcoin is different than the other and it's not controlled by anyone and it makes the price is up and down. but in the future, I really believe that the price will be in highest price because bitcoin still new things that people don't know and they don't know either about how the bitcoin price is determined. so there will be a war from buy position and sell the position and the price will always change.

I really doubt that BTC price is so uncontrolled by anyone. We can`t say that Bitcoin’s price is exactly set by anyone, but I`m sure that it is controlled by smb. 
Actually, the prices is always controlled by somebody and the best way if this is controlled by the real market user.

As was mentioned in the December`s article in Bloomberg (https://www.bloomberg.com/news/articles/2017-12-08/the-bitcoin-whales-1-000-people-who-own-40-percent-of-the-market) there are so called "The Bitcoin Whales" - 1,000 People Who Own 40 Percent of the Market, so You could imagine what result could be from such decentralized ownership.

As there was stated in this article: "What’s more, the whales can coordinate their moves or preview them to a select few. Many of the large owners have known one another for years and stuck by bitcoin through the early days when it was derided, and they can potentially band together to tank or prop up the market."

 

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angelakrasnova
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March 04, 2018, 02:12:24 PM
 #133

The more people buy bitcoin, the more its price rises. Now apparently fewer people are buying up and that's falling.
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March 04, 2018, 02:29:48 PM
 #134

Bitcoin has no innate value and it is not set by anyone in particular. It is set by the market, high demand with limited supplies makes bitcoin the most valuable cryptocurrency. But it is very volatile, so may vary any minute. If one country bans bitcoin, it could affect the coin's value as well as reports about criminal activities using bitcoin.

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stefanionut99
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March 04, 2018, 02:47:02 PM
 #135

The Bitcoin price is determined depending on the demands and supplies. More people need Bitcoin will increase the price really good.
yudhistira
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March 04, 2018, 02:57:47 PM
 #136

Like anything, the price depends on BTC's demand and supply on the market. But BTC is also influenced by many events and speeches in the media that also change the direction of BTC. That is my opinion Smiley

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svetochka.yakovleva.93
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March 04, 2018, 03:00:37 PM
 #137

I think bitcoins are managed by people, they make demand for bitcoin and it grows in price faster and faster.
izamagda
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March 04, 2018, 03:53:20 PM
 #138

The more people buy bitcoin, the more its price rises. Now apparently fewer people are buying up and that's falling.
Yeah, it's all about the demands and supply, that's why Bitcoin market has a huge fluctuation than stocks or golds. It could be 10k$ today and 20k$ tomorrow.
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March 04, 2018, 04:04:02 PM
 #139

Bitcoin prices from time to time are uncertain. Who determines the price? The answer is the public demand. The purchase and sale request of bitcoin itself determines its value. That is why bitcoin is fluctuating.
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March 04, 2018, 04:32:50 PM
 #140

Bitcoin prices from time to time are uncertain. Who determines the price? The answer is the public demand. The purchase and sale request of bitcoin itself determines its value. That is why bitcoin is fluctuating.
With how the market moves, bitcoin value will follow the demand on how it will be use, most of the time when people keep holding the value rise accordingly, it can be move by speculations and news whether it's good or bad the end points will affect the certain value, we can't predict how
much will be the value since there's also a lots of big whales already around the exchange they can really influence the current price and if they move
then the market will move with them.

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