angrynerd88
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Hodlers Network
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April 11, 2018, 06:58:14 AM |
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Welcome you are at right place but it is good to learn more first more learn now will earn more in the future because if simple things take days to accomplish but branded one take months and having alot value.There is also game of demand and supply which affect the market so simply buy in low when market is down and sell in high when market is high.
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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TorbiK
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Diagon
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April 11, 2018, 08:11:04 AM |
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The price is always influenced exclusively by demand and supply. But that's what influences demand, this is exactly what nobody knows.
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morrisby25
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April 11, 2018, 12:31:21 PM |
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Crypto works on the principle of demand and supply, when there is scarcity of a coin, it is normal that the demand will be higher than the supply which will lead to price increase. Also when there is availability of a coin in the market, that means supply is high and demand is low, this may lead to drop in price. When but demand and supply of coin is equal, this is what causes r stability in the market.
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viacoininfuse
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April 12, 2018, 03:24:04 AM |
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The rate of mining, externally and electricity costs and maintainace all contribute to it
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highquA1
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April 12, 2018, 07:56:12 PM |
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Nothing but scarcity and utility as I think. Because day by day the utility of it are increasing
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TheUltraElite
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Call your grandparents and tell them you love them
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April 13, 2018, 04:50:52 PM |
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The price is always influenced exclusively by demand and supply. But that's what influences demand, this is exactly what nobody knows.
Demand is when new people enter into the crypto market. They are willing to buy bitcoins and altcoins and thus putting in their fiat money into the crypto economy. Supply is constantly from the miners and is deflationary in nature. Thus the future prices are bound to increase as long as there is a steady demand of coins. Again new people entering the market will be less experienced and thus it is the opportunity for the old traders to cash out some money while they buy. |
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anhchangdeptrai13
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April 14, 2018, 06:58:07 AM |
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I think this is a market of belief. And it be driven by people who have a lot of money. This is a piece of cake for them to make a profit. Do not put too much hope in this market. Learn and make money on it. Blockchain and Crypto are overblown
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balloon15w
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April 14, 2018, 07:10:23 AM |
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Trading is great if you understand the dynamics and it is mostly driven by demand and supply
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potterbean5
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April 14, 2018, 07:39:05 PM |
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All the points that you mentioned are the driving factors for valuation
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moshk555
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April 15, 2018, 11:27:18 PM |
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If you are new to the market it is better to learn first about trading before investing market because the market is too much volatile now so it is better to learn before earn.
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Liusdaomiless
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April 16, 2018, 05:07:02 AM |
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Speculation is the key word in cryptocurrencies, traders try to take advantage of their fluctuations for that.
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malikusama
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April 16, 2018, 05:49:57 AM |
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There is no rocket science involved here in price valuation of bitcoin and other cryptos just a pure basic economics law i.e supply and demand, and i am sure almost everyone is aware of this law that how it works.
The high demand can push the price towards the moon while higher supply can do the same in reverse direction.
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dante golo
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April 16, 2018, 06:53:08 AM |
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I think the factor that makes the movement of an exchange rate is the number of requests and offers every time as demand is soaring,altcoins will also increase.
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dvillier
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April 16, 2018, 07:59:34 AM |
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On the off chance that need to begin the new exchanging process. Initially take all the while and contribute the exchanging. This procedure data help to begin the exchanging. Exchanging isn't to simple. It to chance. On the off chance that know all procedure then simple to mange exchanging process. It associate the all nation individuals. So it help to nation individuals simple to trade any nation money and it whenever to trade. Be that as it may, before begin the exchange check the market cost. At that point you begin. Time is critical for this procedure. So time to finish and time to acct. It help to speak with all nation individuals. So you get more thoughts and more data simple to assemble.
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googs84
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CryptoTalk.Org - Get Paid for every Post!
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April 16, 2018, 08:18:56 AM |
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What are the driving factors for crytpocurrency valuation?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
Basically everything that you have mentioned here does affect the trading. All theses aspects can be studied from the projects detail, and results can be evaluated. Most of the time individual coins price or fluctuations will depend on the projects performance in the market. If they are in line with grater developments then it will call for more investors and if more investors are there then volume increases ultimately. However this is slow and long lasting process where you can not rely on the period but on the larger timelines itself. This is in general idea of it and when you enter the trading market then the real fun starts. |
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Lazada
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April 16, 2018, 08:23:52 AM |
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What are the driving factors for crytpocurrency valuation?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
I think the most influential is the demand factor. Because as more and more people try to use crypto, the price will increase, it is proof that when things get harder there will be scarcity and when things are not desirable they will decrease. So make sure that we continue to use crypto and increase the number of transactions done, after that then we will get the result that is the increase in the price of a crypto. |
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Thanasis
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April 16, 2018, 08:26:06 AM |
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There is no rocket science involved here in price valuation of bitcoin and other cryptos just a pure basic economics law i.e supply and demand, and i am sure almost everyone is aware of this law that how it works.
The high demand can push the price towards the moon while higher supply can do the same in reverse direction.
But there are many factors involving in the demand of anything in crypto currencies bitcoin price has big impact on other cryptos too because most of the people predict their crypto prices based on bitcoin price movement.And for me the technology of the crypto may not have big impact on the prices for now because people see it as an asset not a currency but these condition may change in future. |
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Aprodite
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April 16, 2018, 09:01:35 AM |
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very many factors that affect the price of bitcoin. and all the factors you mentioned are included in it. but the most influential is the scarcity and demand. the more rare the bitcoin the higher the number of requests. then the price will also increase.
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mega
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April 16, 2018, 10:32:03 AM |
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There is simple rule buy in low and sell in high,But to know the worthy coin and the factor which affect the market must educate yourself and read alot about the market.Keep eye on the news of cryptoworld and invest in different coins not at one place.
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Got my account back! It was hacked. Sorry about it :|
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vishudda
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April 16, 2018, 11:11:57 AM |
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I am an altcoin trader since a few months now. I hold more than 10 different altcoins in my account.
There are certain factors which influence the price of any altcoins/cryptocurrency
The Major influencing factor is supply and demand of the coin, if the supply is low and the demand is high for the coin, the price of the coin raises and it will have its future to the moon.
Brand of the Blockchain Product can create the Demand and Market need for a coin. If the product is good and the supply is high, the price of the coin raises. The team should maintain its brand and demand for the coin.
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