What factors can affect to price of bitcoin?

[laravuemaster]

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

Fake news that are created by companies, it can really reduce the amount of investors of cryptocurrency and might affect the market on a negative way like decrease of prices. Every news that is being created can really affect the growth of market.

[Rexler]

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

Fake news that are created by companies, it can really reduce the amount of investors of cryptocurrency and might affect the market on a negative way like decrease of prices. Every news that is being created can really affect the growth of market.

News in general, good or bad are capable of taking a toll on Bitcoin's price. This is exactly what happens when there are too much noobs amongst us. They'll just panic and dump immediately. News and media coverage seem to be like the major things that affect the prices of Cryptocurrencies.

[Roman Coinson]

I think a lot of factors affect the price of bitcoin, maybe the criminal has become less used bitcoin, that's why the price has gone down)

[wolfracer]

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

Definitely, any factor that may influence the expectations or the animal spirits of investors, will affect its price.

[NineBall]

basicly in the world of trading, the price will be cheap when many are selling, and the price will be expensive when many are buying

[noictib]

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

Here world economy doesn't matter much in this field , If  we can consider than we can say that one main factor is the demand , this is demand that is making the every coin's market much fluctuate .
If a negative news will enter in this Field then most of the newbies or those who are panic sellers will fear panic and they will sell Thier coins and that will result into decrease in demand of that coin .
And if any good news will enter in the cryptocurrency field then many people will get attract toward cryptourrency investment and that will results into Increase in demand of price of cryptourrencys .
So a type of hype works here that change the demand of the coins in cryptourrency market easily .

[Chaki]

World economy has nothing to do with the Bitcoin price, price factor changes sometimes cause by the number of coins that is in the market or coming to the market since they divided the investors money, just imagine thousand of bakeshop in one street then one person will come to buy his breakfast how would you imagine how he can pick which shop to buy?

[lelylely]

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

Negative news can affect bitcoin prices, with negative news can make bitcoin holders panic and sell their bitcoins, and with so many selling bitcoins the bitcoin price will decrease.

[DaveWave]

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

Negative news can affect bitcoin prices, with negative news can make bitcoin holders panic and sell their bitcoins, and with so many selling bitcoins the bitcoin price will decrease.

This is because most of these bitcoin buyers only think that its price will continue to increase in price. Some I believe don't even understand how bitcoin and its amazing features work.

[dogz12]

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

Basically, the law of supply and demand is the main factor for prices of bitcoin changes. If the supply is great and the demand is low prices go down and if the supply is low and the demand is great then expect for the prices to go up.

[yusupjatigumilar]

Factors news will also affect the movement of bitcoin prices, this is because when the emergence of good or bad news will affect the decisions taken by traders and the decision will make bitcoin prices move up or vice versa

[sollahp]

Factors news will also affect the movement of bitcoin prices, this is because when the emergence of good or bad news will affect the decisions taken by traders and the decision will make bitcoin prices move up or vice versa

The factors that made the BTC fall down during this time, first of all, perhaps are the big tech giants like Google, Facebook, TWItter and the ico-based advertising board on its platform because under US law the ban , which is the biggest and deepest reason. After a speeding up process, the crypto currency needs to slow down in order to gain better momentum. The btc reduction is also due to the technical btc chart. is in the long-term downtrend, and if btc closed above $ 11,000, the down trend is broken!

[zhopas]

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

Well unfortunately the things that affects to bitcoin price is those information and/or news that media is slowly spreading and it changes people believes. So  that people who are holding btc account are having their negative thoughts and they are hesitating if they will invest or not. Also bitcoin depends on supply and  demand where it is the most thing that affects bitcoin value.

[DBronze98]

Information from significant organizations and information appearing in the most popular newspapers has the most significant impact on Bitcoin's earnings. When the considerable publications release actual details on Bitcoin prices will go up quickly, but the negative information is appearing prices are falling.

[doraegun]

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

NO other reason why Bitcoin price almost stay on the lower price because of many investor panic selling of bitcoin they felt it will decreases continuously until it will become zero value like some other token same situation like bitcoin. that's the big factor can affect bitcoin decreases continuously the price.    

[asdnguyenthanhtin]

Bitcoin prices mainly depend on those who hold large amounts of bitcoin. Sharks and exchanges are the main factors influencing the price of bitcoin

[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.

[heureca]

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

Of course, BTC and criptocurrency market also depends on economic factor/news. Just remember recent falling of stock market - criptocurrency market was dumped too due to this economic news

[liamnorthcoins]

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

It is affected by both i believe. As we can see in the early months of 2018 their has been significant drop im the value of bitcoin. Many investors are unhappy and dissaplointed with this. It is only in the 3rd week of March it showed a rise from the previous months of dropping.. I believe the government in some countries has issued a ban already with the use of cryptocurrencies specially bitcoin. There has been significant banning also in social media platforns this for one has affected so much the market of the cryptocurrencies. But, this does not mean that bitcoin is dying as what many other speculators are saying on the contrary this just show how bitcoin and cryptocurrencies are gaining  trusts and spreading that the  government are threatened by it the reason why they are issueing bans and black propaganda against it. We know how helpful bitcoin so it is not going anyway anytime soon.

[btc-facebook]

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