What factors can affect to price of bitcoin?

[iamdebby_23]

I guess investments play one of the biggest roles when you talk about the stability of bitcoin. The volatility which could come as a result of different factors such like negative feedback, bad publicity, economy and politics are just a few that could trigger a bad mark. 

[DoublerHunter]

Some of the factors that can affect the price of bitcoin is the demand and also the news about bitcoin, those two are very powerful in affecting the price because when the demand goes down then it is easy to tell that the price will go down also because the supply will increase and it will not be enough to sustain the high price because the asking price will be lowered and also the news is a very powerful because the cryptocurrencies are very vulnerable to that.

[cmacwiz]

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

Bitcoin is world first crypto currency. Many factors influence the market price of Bitcoin. Due to its decentralised nature no single person or authority control its market price . Media hype highly influence its market  price.  some time good news about it increases its price and some time the bad news decrease Bitcoin market price. Second thing is government. Government regulations mostly influence its price. Many big companies and organisations also influence its market price. Bitcoin price is mainly depends upon its exchange rate with a country own currency. 

[Crystacool]

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

I think the main thing that affects bitcoin prices is supply and demand. When more people buy bitcoins, its price falls, and when the number of people selling bitcoins exceeds the purchase price, its price falls. The quality of some news will affect the supply and demand.

[khurramshah]

The most important factor which affect the price of any commodity or ny currency price just like bitcoin is the demand and supply when demand of bitcoin is increased the price of bitcoin increased and vice versa other factors also affect the price of bitcoin just like any bad news bitcoin is digital currency so the hacking of accounts can affect the price of bitcoin

[hajimasan]

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

In actual practice world economy doesn't have direct relationship with bitcoin's price in any way .
Most of the times when demand of the bitcoin get down then in that case value of bitcoin get down also by price .
For example if any negative news will start to run in this field  then newbies and also experienced traders will start to sell their coin ( newbies will sell due to Panic and traders who are experts will sell Because they will buy at low price again ) .
So this ways made bitcoin easily dump  , but in Actual who are experts are really making lots of profit in This field easily .
And also positive news gives better pump to the price of bitcoin , fir example if we will see towards the legalisation news when start to run in the social media then price star to get stability and slowly slowly get up .

[soul-impact]

Factors affecting bitcoin prices.
1. Supply and demand rules of the market. When the supply is greater than demand, the bitcoin will decrease and vice versa.
2. The media strongly influenced bitcoin pricing. google, facebook stop advertising bitcoin has made its value decrease.
3. Government intervention in bitcoin development has affected bitcoin prices.

[tagsgay]

There can be many factors regulating the price of bitcoin, like public acceptibility, mining rate, blockage etc

[sana gull]

The most important factor which affect the price of any commodity or ny currency price just like bitcoin is the demand and supply when demand of bitcoin is increased the price of bitcoin increased and vice versa other factors also affect the price of bitcoin just like any bad news bitcoin is digital currency so the hacking of accounts can affect the price of bitcoin

Yes demand and supply is the main reason which is causing the price of bitcoin ups and down, some time the demand of bitcoin is increasing which decrease the supply and hence the price of bitcoin also increase. I think that bitcoin price will continue increasing because still bitcoin demand is increasing and people still taking more interest in bitcoin.

[Deolito]

Bitcoin price is determined by supply and demand. Supply is well defined and well controlled. New coins only enter the system through mining. Mining generates new coins as an incentive for proof of work. This process generates new coins at a fixed rate. The number of bitcoins in circulation at any time is calculable. One factor that should not be forgotten is the amount of bitcoin that are being kept in reserves. In velocity of money calculations these are considered out of circulation.

[lionheart89]

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

many factors can affect the price of bitcoin, if demand is high then the price will rise. the negative news factor about bitcoin can also affect the bitcoin price and also the rules in each country if any country that prohibits bitcoin would greatly affect the bitcoin price.

[megalith07]

There are numerous reason that can affect Btc price really the cost is continually changing in a totally free market dump and pump is an ordinary marvel the cost have risen such a great amount in the most recent year and it require an adjustment for the following skyrocket.

[brickafterbrickwalldpt]

There are many factors which can affect the Bitcoin price. A lot of people tend to make up their investment decisions basing of the news which aim is usually to spread FUD. We could see it happening a few times before, people are too emotional. Governments and banks can influence the price of Bitcoin by regulations which unfortunately have done some damage already. I hope that people will finalyl understand why banks hate Bitcoin. Banks pretend to be adapting Blockchain but in fact nothing is going to change. People might not notice it.

[Olrac]

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

There are several factors that affect bitcoin value such as Media releases
in relation to bitcoin. Some media are spreading news that damages the image
of cryptocurrency which will have an impact to it's value. Other factor is demand and supply, we all know that there is on,ly limited supply of bitcoin which is limited to 21million. So if the supply is limited, tendency would be the price will rise just what happen last quarter of 2017.

[taeewo]

The factors i think that can affect bitcoin is demand and supply, when they are many people buying the price will move and and where there is much sell the price is tends to be low.. News across the globe too can also affect the price...

[Nakedbitcoin]

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

Some factors that can affect the price of bitcoin is the social media spreading false news.They released very alarming news to the people. So that people might be think bitcoin is not good to be use or to invest. And the issues of banning bitcoin in other country's like china and south korea, the facebook and google also announced to banned bitcoin. The issue's of panic selling selling in the market.. So this the big contribution why bitcoin price is very affected, it's because of the greediness of other people.
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[Ompyon]

actually a lot of factors that can affect the price of bitcoin, but I think the most influential is the news / issue, because with the news / issues become the initial reference people to buy or sell bitcoin, so the bitcoin price will continue to move

[Sirait]

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

the world's economic factors have little to do with the decline in Bitcoin's price and almost no impact on Bitcoin I think,
it is Supply and Demand that greatly affects the price of Bitcoin..

[ledybitcoin]

As we all believe and believe that restrictions and demand can affect growth, it should be so. But when the authorities and large corporations come to fight bitcoin, who want to destroy bitcoin, because bitcoin can destroy the current economy around the world. These corporations (we may not know about them and they will not be known to anyone) will destroy the price of bitcoins in any way, this is exactly what is happening now. And it does not matter whether there is demand for bitcoin or not, the price will not grow. The price will be ruined artificially.perhaps it was not worth talking about it here. perhaps it was not worth talking about it here.

[alenahype]

It seems to me that we can change the price of bitcoin by buying it and not selling our bitcoins on the purse at such a low price.