What factors can affect to price of bitcoin?

[shultz1994]

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

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[Hitesh Ohri]

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.

[biboy]

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.

[cryptocrusher]

Supply and Demand are the two things and then you have to break those down in to more things. The main thing for supply is miners and the rate at which they are introducing bitcoin to the market, you could also then break it in to what I call 'active supply' which is the people actively looking to sell their bitcoin at any point soon, this changes based on feeling of the future prices. Demand changes can also be many things, if you google what influences demand and supply (in general, not specific to bitcoin) you can then apply these things to bitcoin with some thought.

[novogum]

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

Of course, different States influence the price of bitcoin, making it illegal or legal. China can be considered as an example. Also very affect the price of different media.

[ciciteng]

It's really the market simple rule: supply and demand.
Bitcoin price fluctuation is driven with this market rule. The relevant factors that causing the change of supply and demands are FUD news and a good news around Bitcoin adoption. Therefore, you need to pay attention on what's going on in the surroundings.

[oginiimaoyani]

Some of the factors are negative news from media,rate of supply and many more all affects the price of bitcoin but it will soon be ok and we will forget the pains in this dip.

[Angelic T]

Bitcoin pricing is based on the demand and supply principle. Bitcoin price rises so high when there is high demand for it and those who want to buy more set the prices high and also those who want to sell, recognising the high demand, also set their selling prices so high.

[appleyard]

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

The main factors that affect bitcoin price are simple as supply and demand, if the demand is high then the supply is low then the price is high this will apply in vice versa. but there are more factors that affect bitcoin price like regulations in some specific country some countries are banning bitcoin.

[coinmaster241]

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

Actually there are many factors that affect the price of Bitcoin, from 2017 until now

• In 2017 we can see the factors that affect the rising Bitcoin of Hardfork from Bitcoin which is now as successful as BCH, BTG to help Promote Bitcoin itself indirectly.
• 2018, factors affecting Bitcoin Prices are Positive / Negative Issues, Online Policies, Government Policy in the world and more, so Bitcoin can rise and fall very quickly depending on the stability of the matter.

[ladyinredcoins2018]

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

A lot of factors can affect the value of bitcoin in the market, in the downfall side it might be affected by the emerging of lesser value cryptocurrencies because bitcoin is the most expensive cryptocurrency now this is one big factor why many people can not affort to invest. Also bitcoin as the most popular are constantly get attact from the mainstream people who benefits most of the centralized paper bill. But with all this downside, bitcoin's effects and relevance is not shrouded and many people are starting to really understand what really it is. Bitcoin will soon rise Even more.

[lionheart78]

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

The factor that affect the price of Bitcoin is the supply and demand.  Demand is further affected by news and development plus the acceptance of the country.  Supply in the other hand is affected by the holders and miners that wanted to keep or sell their holdings.

[aoihs00]

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

There many more factors that can affect.

I believe there are factors which are explored one and there also factors which are still unexplored that can affect the prices of bitcoin. The explored one? Obviously, supply and demand would be the first answer anyone will tell you. Apart from this government forces can be another reason for the price fluctuation.

Now the direction of the bitcoin price movement will always depend on the news type. Whether the government is banning the crypto currency (E.g. China) or Whether they are accepting the crypto currency (E.g. Japan Global Summit meeting etc) can hamper the bitcoin price in positive and negative.

There are many more factors as I said which are unexplored that no one can tell but the time will.

[zitbau]

I think there are many factors that affect the value of bitcoin. Its value is influenced by many investors who are selling it at a low level. It is affected by the bad news from some countries that forbid the use of bitcoin for payment and considered it illegal. Recently, bitcoin ads have been banned by facebook and google

[zhekinsp]

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

The media influences the prices of bitcoin little bit,but then it leads to the FUDs amont the investors which causes hugr prive fall when there is negative news about crypto currency keep spreading.
Yes the price of bitcoin depends on the world ecmonomics too because bitcoin is also a part of currency sytem.

[mrtryonebiggums]

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

Not only can it, but that is a major source of how Bitcoin trades and why. Fundamentals really don't change and market sentiment can be swayed in an instant. That is why when you see positive news, you still see negative reactions. For instance one Asian country (Korea, India, or China) announced that they would regulate exchanges and NOT ban them, but since people are poor readers all they read and saw was the word ban. That caused a negative reaction in the markets, even though the news was positive. Pretty dumb if you think about it, but not every market participant is savvy nor can handle their emotions well and that non ban was a prime example of this.

[blockman]

What factors can affect to price of bitcoin?

Right now the factor that affects the price most are the news. Fake news and good news are really helping the price but still it all depends to the demand.

Can price of bitcoin depend on world economic factors or economic occurrences?

It can depend on world economic factors, as stock market is down, crypto's are down to so there must be a domino effect on world's economy.

[blueteam09]

Bitcoin prices depend on a lot of factors. The market is down, investment trend, useful information or wrong information appears. In particular, the impact of whales is an essential factor in the price of Bitcoin.

[Washball]

The price of bitcoin depends on the demand. Whales pump and dump is also affecting the price. FUD spread by financial institutions or people who are against cryptocurrencies, also affect the price, because investors get scared and start to sell, which makes the price drop. So there are various factors to influence the price of bitcoin.

[Fancyax]

Bitcoin price is defined by its demand. It can be affected by news, speculations and FUDs.