finzyoj
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September 22, 2018, 02:36:26 PM |
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So many factors. For example rise and fall of fiat currencies, economic growth or regression, users confidence and so on. Yes there are so many factors that affects the price of the bitcoin.
And normally, we are open in the mere fact that always the factor of fluctuations is the market demand wherein the investors came in but the price is really high, so meaning the supply is limited, so the price is high. The other one is due to false rumors some lack of knowledge before entering the crypto panic and believed on what they hear so the result is panic selling that affects the price because the supply is too big but the demand is low, then it occur the low price.
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SIDDHI777
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September 22, 2018, 03:24:46 PM |
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I want to know what you think, what affects the bitcoin price, so we can find out when to sell and buy bitcoin, because now the bitcoin price drops again Well these are some significant reasons that I think bitcoin price to fall or rise, First things first we need to understand about bitcoin and unlike other centralized currencies it has nothing to do with a centralized authority so there is no any major organization to make a considerable impact on bitcoin price but due to it's decentralized nature its price mainly depends on its users demands towards bitcoin so according to there actions which are buying and selling there can be a huge price variation so when large amount starts to sell eventually the price will fall and when investors starts to buy with increase of demand the price will rice. Now some might think considering above predicting it's prices is closer to impossible but you can do that to some extend. Reasons to rise or fall 1. When there is a big price increase most holders will start to sell there tokens to gain more profits and that is the reason we see a huge price fall after an price increase and when the price is too low we can expect the same thing most of the time. 2. Media - Even in this forum I came across a thread regarding a topic on how media is biased towards bad news about bitcoin and crypto and i believe it is true and when there is a news broadcast about bitcoin depending on its significance impact type we can expect bitcoin price to fall or rise. 3. Fear of the share market and other major investment options - This might happen and many sources and experts on the Internet has address regarding this matter and that is when there is a uncertainty in other investment options mainly in share market because investors seek alternative options there can be a major increase in the bitcoin price due to increase of bitcoin investments
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yhan2x
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September 22, 2018, 03:27:09 PM |
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if the bitcoin price will go up and down, many holders are make the prediction and make fear. some of them decide to sell the bitcoin early.
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bhadz
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September 22, 2018, 03:37:54 PM |
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So many factors. For example rise and fall of fiat currencies, economic growth or regression, users confidence and so on.
But not everyone has the idea about this. They are not aware of economic growth as they focus only into something or they really have no interest checking it. The factors that would affect bitcoin's price nowadays are the news and regulations. The better the news is, the better effect it gives.
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Darz299
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September 22, 2018, 03:52:30 PM |
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I think the most influential bitcoin prices are one of the bad news and good news, the cause of bitcoin prices rising and falling is the rejection of some countries against bitcoin and bad news on social media that can affect investors to stop buying bitcoin because bad news can lowering the price of bitcoin and vice versa if there are bitcoin fans good news directly adds buyers and that affects price increases.
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bitcoinerjawa
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September 22, 2018, 04:06:48 PM |
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I think that making the price of bitcoin has an up and down price movement is the presence of buyers and sellers who do transactions with each other and the total supply of bitcoin can also be an influence.
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davit putra
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September 22, 2018, 05:51:19 PM |
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The mechanism that causes the value of bitcoin to rise and fall is due to demand and supply on the crypto market, the more demand it will cause the price of bitcoin to increase and if many sell it, the price of bitcoin will decrease.
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Bonsaiav
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September 22, 2018, 09:58:31 PM |
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I want to know what you think, what affects the bitcoin price, so we can find out when to sell and buy bitcoin, because now the bitcoin price drops again Every market, will usually be influenced by economic law namely the amount of supply and demand. Both are market mechanisms that cannot be separated. And both contribute greatly to the fluctuations that have occurred in the market. The total number of bitcoins and their owners. The total Bitcoin is 21 million BTC, including those not yet screened. Whereas currently around 16 million have circulated more than BTC. According to the law of supply and demand that is because the amount of Bitcoin remains limited to only 21 million BTC, while people who want to own or buy more and more, this thing's to make the price of Bitcoin will continue to rise. Media reporting on bitcoin in the media contributed to the rise in the price of bitcoin. The number of good or bad news that appears's able to influence the bitcoin market sentiment. For that as a bitcoin trader, we need to do an analysis, what phenomenon what will happen when the news has been released, relating to bitcoin, whether it's from the user or government policy.
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samycoin
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September 22, 2018, 11:11:22 PM |
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I want to know what you think, what affects the bitcoin price, so we can find out when to sell and buy bitcoin, because now the bitcoin price drops again There many reason why bitcoin price is down and up one of that the recently news about ETF approval that until now no one knows what will be the SEC decision. And because of panic selling because of that many people dump in the market.
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hacekd
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September 23, 2018, 02:18:23 AM |
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How people buy and sell is one of the reasons that make the price to change often, when people buy much the price will go up and when price go down it means people are selling.
In addition to demand and supply there are several factors that make up bitcoin prices, such as the importance of protecting the value, the price of a bitcoin trading contract and so on. The perception factor also affects the price of Bitcoin. If Bitcoin gets a better perception, demand for Bitcoin will increase. Followed by the rising price of Bitcoin. Conversely, if Bitcoin gets a poor perception, the price of Bitcoin will decrease.
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Morgann
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September 23, 2018, 02:23:56 PM |
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I want to know what you think, what affects the bitcoin price, so we can find out when to sell and buy bitcoin, because now the bitcoin price drops again The price is based on supply and demand, so you should not expect for the price to increase immediately and you do really need to have the patience on waiting for the price to pump up again in the market.
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finlandais
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September 23, 2018, 02:55:44 PM |
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It depends upon the number of investors.More will be the investors more will be the price of BTC.Their are many other reasons for such fluctuations in price but the main is the number of investors.Panic selling is also a reason.Panic selling just contribute to dump.Their are many countries which are banning BTC which also affect the price of BTC.
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arienna23
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September 25, 2018, 04:28:56 PM |
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I want to know what you think, what affects the bitcoin price, so we can find out when to sell and buy bitcoin, because now the bitcoin price drops again There are many events that could affect the Bitcoin price. For example in the current situation the price drop because of overbought last year followed by negative news like ETF rejection. Usually it's all about the news that make hype or FUD that makes bitcoin volatile.
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SIDDHI777
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September 27, 2018, 06:24:28 AM |
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if the bitcoin price will go up and down, many holders are make the prediction and make fear. some of them decide to sell the bitcoin early.
Panic selling has made a huge impact in bitcoin prices in the market when considering past several years and unlike any other investing field we can see many investors who take decisions to sell or purchase by looking at the trend or following false news which are broad casted through media organizations but directly or indirectly that has made bitcoin market volatile unlike other markets
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engesi
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September 27, 2018, 07:43:10 AM |
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Purchasing power has always been the main reason for the impact of cryptocurrency prices, and these purchasing power is often affected by the outside world, such as news, hackers!
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ToyotaFortuner
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September 27, 2018, 08:10:37 AM |
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maybe that makes the price of bitcoin collapse like this is a factor of many people who panic and maybe the influence of the mining that sells their bitcoin in the place of exchange which ultimately makes the price of bitcoin at the exchange place collapsed.
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iMark
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September 27, 2018, 03:35:20 PM |
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So many factors. For example rise and fall of fiat currencies, economic growth or regression, users confidence and so on.
Yeah there are many factors that make price fluctuations, including economic growth in a country, user confidence, news, speculation issues and many others, but the current concern is negative news that affects the weakening of the entire crypto price
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ELOCIN
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September 27, 2018, 11:09:03 PM |
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As far as i know, cryptocurrencies' volatility is due to the demand of the people. Arising demand and declining demand is one of the reasons why bitcoin prices hurl its price up and down without even any warning.
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SIDDHI777
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September 28, 2018, 02:07:14 PM |
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Purchasing power has always been the main reason for the impact of cryptocurrency prices, and these purchasing power is often affected by the outside world, such as news, hackers!
Purchasing power does get effected by the outside world most of the time but there is more to it and what I see our crypto community members have a huge problem with making decision according to the outside world events because most investor has no idea to clearly understand between a false new and a right one when they are making a decision so most traders do panic selling without thinking twice and we should understand that we can only change the outside world for some extend but the most effective one will be to change the mind set who are already in the crypto world so bad effects that comes from outside world can be reduced or eliminated
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drachman
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September 29, 2018, 02:25:42 AM |
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I want to know what you think, what affects the bitcoin price, so we can find out when to sell and buy bitcoin, because now the bitcoin price drops again Everything affects the price of bitcoin so to try to guess which factors are going to be more important or more influential during a specific amount of time is just a waste of time, why do you want to know what affects the price of bitcoin, that is not going to tell you at what price is going to trade today or at what price is going to trade tomorrow?
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