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Author Topic: what affects the price?  (Read 1245 times)
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March 29, 2018, 01:40:55 PM
 #21

bitcoin slowly went down this year, from almost 20k USD last December and went down at a significant price

what might be the reason why bitcoin's price is going down?
what are the major things that can greatly influence bitcoin?
answers would be fully appreciated Smiley
A major factor affecting bitcoin is the government. Governments plays their games just to decrease the price of bitcoin by making it illegal which is it is not. Another factor that influences bitcoin are the exchanges and I am sure that you are aware of that as of now. Lastly, if you would do your research, you will see that the movement of the price of bitcoin is slightly similar than the past few years which tells us that for this moment, bitcoin is consistently repeating its trend.

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March 29, 2018, 01:47:54 PM
 #22

The main cause affecting the rise  and fall of bitcoin prices.There are many people buying bitcoin.It's mostly demand and supply that affects the price.There are only limited supply  of bitcoin.Once the supply increased and the demand is limited,the price will automatically grow up.
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March 29, 2018, 01:51:49 PM
 #23

First a lot of FUD. False news spreads with enormous speed in the market and plagues investors and startups in this new world, but still incipient and susceptible to high volatility

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March 29, 2018, 01:52:44 PM
 #24

Many problems affect the bitcoin price. It's the advertising, the economic development of the world, the number of people who play bitcoin, the level of their safety ... All of that will make the bitcoin price rise or fall rapidly based on on the impact of them bad or good.


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March 29, 2018, 01:54:51 PM
 #25

1. the existence of a big bubble in bitcoin (ie $20k) and needing a burst.
2. lots of FUD that have been coming out non stop
3. lots of rich whales who have made a huge amount of money because of the bubble and they now want the price to drop so that they can buy even more bitcoin with all that money so they are manipulating the price.
4. lots of newbie weak hands who have been filled with fear and have been selling their bitcoin like crazy.
5. the altcoin dumps that forces people to sell their shitcoins to bitcoin then sell bitcoin to go back to fiat and that causes a bigger drop

You are right, this are the reasons why bitcoin price keeps decreasing now. I just hope after all those fud, bitcoin will find its way up again in the coming months.

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March 29, 2018, 01:58:37 PM
 #26

I'm pretty sure that the price of bitcoin is affected by the manipulators, how else to explain these corrections that occur each year,
according to one scheme.
First a lot of negative news and withdrawal of money then positive news and new injections into the market.
All these schemes are old as the world, but they work))

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March 29, 2018, 02:03:38 PM
 #27

one thing that really affect Bitcoin is News, Bad News about Bitcoin makes Investors hesitate to buy Bitcoin. while what makes bitcoin prices up is the demand from Bitcoin suppliers. this is the main cause of the decline in the price of Bitcoin, negative news that is currently constantly appearing to make the price of Bitcoin down a lot.
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March 29, 2018, 02:04:31 PM
 #28

There are bad news and good news about BTC affecting the price of BTC, but it seems that there is more bad news now. Both Facebook and Google have banned encrypted ads.


There are several factors that really affects the price; spreading false news, demands and supply, panic selling huge of bitcoin. A lot of reason's actually affects the bitcoin price but these shouldnt be happens, but the usual thing is the unstable market.


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March 29, 2018, 02:05:04 PM
 #29

bitcoin slowly went down this year, from almost 20k USD last December and went down at a significant price

what might be the reason why bitcoin's price is going down?
what are the major things that can greatly influence bitcoin?
answers would be fully appreciated Smiley
yes, and today's decline is different from the previous decline. so many people are predicting that bitcoin will die this year. they panic and the last they selling bitcoins.

and also fake news to make the price of bitcoin go down. and many more factors that affect the price of bitcoin falls.

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March 29, 2018, 02:26:26 PM
 #30

You say BTC fell down from 20k, but I think BTC had grew from 1k in the beginning of 2017 to 7k in the beginning of 2018.
On topic - I think cartel affects on bitcoin. It controls gold, uranium, oil and wants to control and influence bitcoin

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chandrarahmadewa
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March 29, 2018, 02:28:09 PM
 #31

..
what might be the reason why bitcoin's price is going down?
what are the major things that can greatly influence bitcoin?
answers would be fully appreciated Smiley
don't be afraid bitcoin prices continue to fall, while we still use bitcoin, bitcoin will continue to be valuable, let the scammers sell out the bitcoin they have, and the bitcoin price will return to normal again.

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CryptoWorld87
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March 29, 2018, 02:34:51 PM
 #32

Lots of people got scammed and existed this great industry. That s why I hate crypto anonymity and personally support any move which can end it and reduce the number of scammers around.

Agree with that there are so many report and news back then that so many people got scam and so many scammer around more bad news we heard about crypto currency the more people also dumping bitcoin that the reason why bitcoins goes down.

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March 29, 2018, 02:38:32 PM
 #33

I think there is massive price suppression going on at the moment. I cannot see why the price would go down like this, when

the negative news is not significant at all. The banning of Crypto currency advertisements on social media cannot have such

a huge impact on the price. There are just too much positive news to cancel out the negative news for the price to behave

like this.  Angry  ... I am not bothered with the low price, because I buy on the Dip... but the downward spiral is not natural at

all.  Huh

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zolfa
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March 29, 2018, 02:38:40 PM
 #34

bitcoin slowly went down this year, from almost 20k USD last December and went down at a significant price

what might be the reason why bitcoin's price is going down?
what are the major things that can greatly influence bitcoin?
answers would be fully appreciated Smiley
yes, bitcoin prices are getting down lately, but I still believe prices will go up again for that I will continue to be patient.
usually that can affect bitcoin prices is that investors sell bitcoins simultaneously or investors sell them in large quantities.

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March 29, 2018, 02:41:30 PM
 #35

Public purchasing power has a big effect on the ups and downs of prices.
The fewer people who buy an item, then the lower price of the goods tersebut.also vice versa.
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March 29, 2018, 02:47:09 PM
 #36

bitcoin slowly went down this year, from almost 20k USD last December and went down at a significant price

what might be the reason why bitcoin's price is going down?
what are the major things that can greatly influence bitcoin?
answers would be fully appreciated Smiley
The determining factor is supply and demand. That is, if many users who make a bitcoin purchase then the price will be rising up. Vice versa, if many are selling bitcoin then the price will decline.
aleksej.rozhkov
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March 29, 2018, 02:48:48 PM
 #37

I think that the price
is influenced by different factors because using terms like "whales" or "sharks" of bitcoins is not a fact that they influence the price. Most likely it is only our activity that affects us.

jerry29@
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March 29, 2018, 02:53:19 PM
 #38

The market, usage, volume, future and many other factors which effects the price of bitcoin. The major factors are market and the evaluation according to the future prospectives. As Bitcoin is considered As future currency in the past that's why it's price is too much. As blockchain will write the new definition of the future technology. Thus one of the blockchain will definitely give neck to neck competition in the future.

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March 29, 2018, 02:57:24 PM
 #39

bitcoin slowly went down this year, from almost 20k USD last December and went down at a significant price

what might be the reason why bitcoin's price is going down?
what are the major things that can greatly influence bitcoin?
answers would be fully appreciated Smiley

It is because of some poeple which are selling their stock in the market. You cannot lose if you are patient enough  to handle the panic and stress due to some reports that has a bad impact on those investors.

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March 29, 2018, 03:06:09 PM
 #40

The supply and demand in the market, it's the trading volume for example if the product is in demand and it has a little to no supply in the market the price of that product will rise because there are a lot of demand from it so when the price is high holders might sell some of their shares and there it is the price changes and continuously changing.
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