What factors can affect to price of bitcoin?

[millenniumcoin]

there are several factors that may affect the price of bitcoins such as bitcoins that investors demanded and availability of bitcoins in the market..... etc.

Yes ! The most important factors that affects bitcoin price is :
Supply and demand -The price of bitcoins is largely depended on the demand and supply. This means that high demand and low supply often leads to an increase in the price. Again, bitcoins have a controlled supply whereby the total number of bitcoins in circulation must never be more than 21 million. Due to the limited supply, there are speculations that the bitcoin price will continue to rise with time.

Other factor includes.
Speculation-The Bitcoin ecosystem has several news sites and forums that only talk about bitcoin, cryptocurrency or institutions playing with this technology. These news and content influence the market and speculators significantly, just like it happens in the stock market.

Local Retail Broker-A broker is an agent, dealer  a person who buys and sells goods or assets for others.  The more this Local Retailer the more the demand for bitcoin. Thereby, affecting the price of Bitcoin in the ecosystem. The number of brokers depends on the profitability of the enterprise of brokering which is in turn affected by the number of possible customers or buyers.

Increase Merchants Acceptance- Bitcoin is now accepted by over 100 thousand merchant. As a matter of fact, bitcoin is gaining more acceptance each day by many oline shops round the world llke Dell.This also have a way of affecting the price of Bitcoin. No wonder some people believes Bitcoin price will greatly increase this year - 2018.

[George Khelashvili]

Well there are various factors which can affect the price of bitcoins. First of all, the media has a big effect in the price drop/rise of bitcoins. When the media tries to spread negativity about bitcoin/there are some fake or half-true news, the price goes down. Market manipulation by whales might cause people to quicksell, which leads to price drop. The demand-supply ratio also affects btc's price a lot.

Yes, media is most of the reason which is effected on the price. Market manipulations also

[Tervelatuk]

it's possible, but to my knowledge that may affect bitcoin prices is an issue or news about bitcoin whether good or bad. the better the info about bitcoin then the more that sell and buy bitcoin

[Dikpora77]

The main factors that affect the bitcoin price are supply and demand of course, and there some factors that affect demands like Government rules, bad news or good news of the bitcoin, and maybe trend too possible give affect to the demand of the bitcoin.  

[maman09]

What factors can affect to price of bitcoin? Can price of bitcoin depend on world economic factors or economic occurrences?

there are many factors that affect the crypto market circulation. moreover on the prohibition factor in some countries, yes. you can see what happens last this one country ban can make the market down, but it will not last long. usually bitcoin can survive and grow. but in the last three months, so many restrictions have occurred. yes currently bitcoin try to survive.

[Dexion]

The negative or the fake news brings big impact in the behavior and decision or those who wants to try to invest, those who already invested, because negative feedback  about bitcoin creates panic to people which will leads to panic selling of all people.

yes, I agree with you, and negative news or fake also can change the perception someone to bitcoin, and even, can lose believing to bitcoin because of negative news.

and the last, spreading of bitcoin and volume of bitcoin decreases, and makes the bitcoin value fall.

[shainasaz]

There are factors to be considered that can affect to price of bitcoin and its namely

1. Supply and Demand it is the main factors that can affect the price of bitcoin. if the demand is high then only a limited supply the price is up and if the demand is low then more in supply the price is down and

2. Advertisement, fake news, rumors, speculations, analysis, legalities, this are all the subsidiary factors of the supply and demand that can affect also to price of bitcoin. Infact all of this can really affect the movement of price either negative or positive impact in bitcoin price and sometime threaten to the people in this crypto world.

[Pistachiop]

Things like FUDs and people selling off coins. Lastly though it all comes down to supply and demand and if supply surpasses demand then the prices will definitely go down.

[deviltasha]

Different factors like political decisions of the government, panic is the society, economic factors, like dollar price, some news like restricting of crypto ads.

[nellakarisma]

between the factors and the cause of bitcoin prices to fall. as is happening now after Google prohibits ads that smell ico bitcoin prices become down dratis .
just started rising bitcoin prices there is another issue that preach Facebook and Twitter Prohibit advertising crypto. then bitcoin prices are starting to gradually rise. be down dratis.
which is to my mind whether the prohibition of Google, Facebook and Twitter Prohibit crypto ads if this ban is deliberately lagukan by certain countries to reduce the price of bitcoin then they buy at a cheap price.
after they buy bitcoin. then the news that made bitcoin prices fall. they get rid of the bitcoin prices to be high after that they sell their bitcoin.
the point is there are certain countries that do that because they want to get big profits .

[Titanos]

Bitcoin price can be affected by many factors:
- Supply and demand
- Hard forks
- Government regulations
- Influence of Bitcoin-related news
- ‘Mindset’ of crypto holders.

[enjotan]

What factors can affect to price of bitcoin? Can price of bitcoin depend on world economic factors or economic occurrences?

I do not think so, but the factor that affects bitcoin is the prohibition of some countries and exchanges that are stopped or have been hacked.
I think that's a common factor if the market becomes unstable and tends to be red.

[jonhsongotti]

There are many things that affect the price of Bitcoin. The volatility of the currency market, information from the media, the impact of investors. An important factor affecting the price of btc comes from the intervention of the major countries. But every time price fluctuations can be a good opportunity for. Your investment

[S4roZa]

Because bitcoin volume is still small, there is bitcoin trading, good news and bad about bitcoin, bitcoin quiet deception, and because of hacker crime. Those are all factors that affect bitcoin prices in general.

[Aufar]

There are many factors that influence Crypto's market circulation. especially on the prohibition factor in some countries, you can see what happens last this one country ban can make the market down, but it will not last long.

Usually Bitcoin can survive and grow. but in the last three months, many restrictions have occurred. and now Bitcoin is trying to survive.

[emezh10]

What factors can affect to price of bitcoin? Can price of bitcoin depend on world economic factors or economic occurrences?

Like any other investment in the market, Supply and demand plays a very important role in the price movement of bitcoin, add up other factors like news forecasting. Speculations and media intervention affects the decision of the big players. It sometimes lead to panic selling or buying of bitcoin. Since this technology is related to economics and marketing, world economic occurrences may affect bitcoin's price.

[mitchel_am]

One of the mains factor in bitcoin's price decrease is the negative advertisement about bitcoin. When people hear that some country banned bitcoin they tend to sell their holdings and this leads to the decreasing

[mOgliE]

Hi,

The number of factors affecting prices is huge. And I think it is impossible to measure the "weight" of each factor. You can think, of course, about annoucement effects from large compagnies or government of countries in which the community is large, but also economic situation worldwide, period of the year or even "trends" steming from an influential speaker (whether he/she has a link with crypto or not).


So it is hard to know what currently affects the bitcoin and I think it is even harder to make a comprehensive list of potential factors!

[qwerty12]

I think, that affects the price of bitcoin in general is Speculation of Traders.

Is not secret if the number of Bitcoin users who make it as a trading asset more than those who actually use it as a medium of exchange. This is because the relevance of Bitcoin itself is still minimal, so its use has not been spread and familiar among the wider community. For example, you may find it difficult to find a nearby store that accepts payments with Bitcoin. As a result, many users then prefer to use Bitcoin as a trading instrument in investment activities.

Since the trader's primary goal is to profit from the Bitcoin price fluctuation difference, they are the fastest responding to a global issue. Whether materialized in a buy or sell action, the act that is often speculative is obviously a big influence on Bitcoin price volatility.

[Cengghengmania21]

Bitcoin prices depend on several factors, one of which is market demand and social media coverage of bitcoin development. And many countries that do not want to use bitcoin as a means of payment can also affect bitcoin prices.

Bitcoin able cause inflation because the value too high and it can be use for criminal attempt so that's why my government forbid it.
I imagine if one day my government also legalize bitcoin, I'm sure bitcoin value will increase higher than current value but I understand their decision in order to protect civilian

Obviously if your government legalizes bitcoin is good news for everyone in your country. And the reason your government does not allow bitcoin to keep its own currency in order not to weaken.