What factors can affect to price of bitcoin?

[uszaty43]

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

It is not "affected" by news, it is a totally different process.

News -> people panic -> people sell.

That is how it works, and it depends if those news were good enough or bad enough to decide if it will go up or down.

[fuding12]

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

I think, bitcoin prices are not affected by the stability of the world economy.

But news is one of the factors that influence the price movement significantly. Bitcoin users who hear negative news about bitcoin, will feel panic and end up selling their bitcoins to secure assets. The impact, bitcoin prices will drop because of the sale of bitcoin on a large scale.

Vice versa, if there is positive news about bitcoin then many users who make buying transactions. Of course with the purchase of bitcoin on a large scale impact on drastic price increases.

[oni4an]

Now the biggest impact on Bitcoin is the news and statements of famous people who do not even understand this area, but the time will pass and Bitcoin will not be exposed to it!

[marabanda]

A lot of. However, the course of bitcoin always changes mainly because of certain news. If the news is bad, then the price tends to go down, if it's good, then its price will inevitably grow.

[Roboabhishek]

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

As it's already explained by 2nd post in the thread there are many but mostly it happens around the FUD when pumpers and dumpers come into action and manipulate the market based on the fake news.
And we've seen everytime someone falls victim to it.

[Kayla]

The rise and fall of bitcoin price is common. In general, factors affecting bitcoin prices are the demand and supply of bitcoin. The higher the bitcoin demand the higher the bitcoin price, and vice versa. In addition there are other factors: negative or positive news bitcoin, prohibition or bitcoin licensing and level of confidence in people with bitcoin.
Bitcoin can also be influenced by world economic factors or economic events, but this is only temporary.

[bitterguy28]

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

There's have many factor affect of Bitcoin price in the market,
Here is the following reason,
1. Fakes news
2. Banning of some country because they want to regulate
3. Legitimate arguments
4. Governments want to collect taxes from virtual currencies
5. The big whales ofr the investor full out their investment because of any reason.

I think that's an cause affect for bitcoin price movements.

[Akash1243]

There are many factors which affects the price of bitcoins mainly the prices are dependent on the supply and demand which further is affected by news about bitcoins,banning of bitcoins by some government,popularity of bitcoins and some more.This is what makes bitcoins unpredictable and unstable.

[lili song]

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

Economic factors yes, because when some country economic is good more people's can buy bitcoin for investment.
If economic is not good for that country, so hard people do investment. So that important things also for some people to do investment.

[moynul2050]

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

There's have many factor affect of Bitcoin price in the market,
Here is the following reason,
1. Fakes news
2. Banning of some country because they want to regulate
3. Legitimate arguments
4. Governments want to collect taxes from virtual currencies
5. The big whales ofr the investor full out their investment because of any reason.

I think that's an cause affect for bitcoin price movements.

Taxes will not affect the price of Bitcoin, the tax is a kind of donation to the state. I think it's good the Government will guarantee and regulate bitcoin regulations so Bitcoin is legal and legitimate as a means of transaction.

[Twinscoin2017]

There are many factors which affects the price of bitcoins mainly the prices are dependent on the supply and demand which further is affected by news about bitcoins,banning of bitcoins by some government,popularity of bitcoins and some more.This is what makes bitcoins unpredictable and unstable.

Yes I agree on that, I can see that if bitcoin faces some negative issue the price will drop and if it is facing some good feedback it will rise up high. Maybe it is all because of that some issue will affect the volume of the investors who invest in bitcoin, and it has really a direct effect on bitcoin price because some of investors may lost their trust and patience and do selling in a panic way.

[Fire316]

    There are many factors to be consider that can affect bitcoin price. But the two main factors which are the reasons for price movement and changes in the market are the supply and demand. If people keep on panic selling because  of price drop the bitcoin supply increasing while the demand getting lower that makes the price decrease. But if people buy and keep on holding then it could have a lower or out of supply in the market then the demand increase together with the price.

[Ausgewielt]

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

News has important role on bitcoin price. Since bitcoin is decentralized currency then it's price is not depend on any governments, but economic factors also have significant effect on bitcoin price because it is influence people purshasing power. Bitcoin price is only depend on market, but news can influence the market. But since the amount of bitcoin is limited then it's very difficult to makes bitcoin price down.

[SUDARMONO]

The world's economic factors could affect bitcoin prices, and many more of the effects of bitcoin like big days like Chinese New Year and also world negative news stories about a country that forbids bitcoin, and much more.

[vincentong17]

Several Factors is Whales are manipulating the market. Small time traders or small fish can't buy the dip coz they fear under depression. Alot of people chasing bitcoin to go up but seems bitcoin is down we need to buy more.

[Anonylz]

Several Factors is Whales are manipulating the market. Small time traders or small fish can't buy the dip coz they fear under depression. Alot of people chasing bitcoin to go up but seems bitcoin is down we need to buy more.

Anyway, whales can easily manipulate everything, but they need millions of dollars worth of bitcoins in order to do it so.

Small traders like all of us (less than $200,000) can not do anything to manipulate the price, so that is the reason of why the whales are very important about this.

[brotherwood12]

the number one i think is media / news , if the news are good that cause the demand is increasing , but if bad news , most ppl will panic and sell their asset  and the demand decreased

[Marrying_Couch]

Actually there are many factors that affect the market price bitcoin, one of which is the availability of the number of tokyo bitcoin, if the amount of its availability a lot then the price will go down, and if the availability of thinning and token demand from the customer a lot then the price will rise as well. This can be utilized by users to play bitcoin market price.

[SWONG]

The pushes and pulls on the Bitcoin price are diverse. Some are slow but steady, like the gradually rising Supply/Demand curve for a stable bitcoin supply base. Others are violent and sentimental, such as the speculative trades that see the buying and selling of tens of thousands bitcoin via exchanges every day.
News also move the market price of Bitcoin.

[Enjorlas]

There are only 2 main factors now, the mass adoption and the regulation, so nothing is set in stone as long as we don't have a clear regulation