Gragal
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May 07, 2018, 05:39:09 AM |
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perhaps with the issue of bitcoin issues, so its bitcoin prices are declining, people in Indonesia have not formalized the bitcoin forums.
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Saiful Islam777
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May 07, 2018, 05:42:45 AM |
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Bitcoin prices have a lot to do on investment currencies. It has a bearing on the relationship between traders benefiting traders. There are many people who are working on the Bitcoin Forum who are earning money. Bitcoin prices are affecting in all areas.
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pat4cryptoreal
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May 07, 2018, 05:50:37 AM |
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If you take time and do your research very well, you will realize that there is no year bitcoin does not experience a deep crash. If you have bitcoin do not sell now because it will definitely appreciate. Most times it is just a malicious act by the whales and government.
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PatronRH
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May 07, 2018, 05:53:51 AM |
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Bitcoin is a decentralized currency so the price is only directly affected with the demand and supply and nothing else and indirectly affected with other factors like laws because they have an effect on the demand.
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Paul23
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May 07, 2018, 06:40:34 AM |
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Honestly,why bitcoin price are generally affect?it maybe because it well depend upon to supply in demand to control and defined to those whale,and because of decentralized the nature of this currency will affect to bitcoin price, of course will not normally controlled by any company, organization or and government,aside from bitcoin price will also affect if those proposals has been approve to create from third party under supervision of mechanism to bitcoin exchanges.
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arthotdog
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May 07, 2018, 06:44:10 AM |
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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  This is nothing but the natural behavior of all the market and this is how they used to behave, and this is how the professional used to sell their stakes to the amateur traders. The price is going down because of huge selling off from the Big exchange Mt.Gox and demand & supply are the major things which really influence the bitcoin price to a great extent. If you are thinking to buy the bitcoin in the bad market situations like right now going on then you just need to eliminate the emotions and then plan your trades to face the win to win situation. Added unto this,because of fuds thats lots of people spreading i dont know who pays for then,and the fake news on many medias..we all knew that volatility of cryptocurrency is indeed,so the small things that gives negative idea can affect the wholce circulation about all of the coins in the market s thereseally nothing we can do but to HOLD and continue support our coins on hand |
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tokenomics
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May 07, 2018, 06:46:39 AM |
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These three are the 3 factors that each and everyone must know that affects the price of Bitcoin.
Bitcoin Payment Network – Bitcoin as a currency
Bitcoin Storage and Transfer – Bitcoin as a store of wealth and medium of value transmission
Bitcoin Exchange Rate – Bitcoin as a market instrument and commodity
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Timok Abiodun
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May 07, 2018, 06:49:16 AM |
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Although Bitcoin is a decentralised currency, some decisions about how it will work or evolve need to be made from time to time. These also have an impact on the price.
The software used to verify Bitcoin transactions is created by developers and is run by miners (the global network people who verify Bitcoin transactions).
To change the software used to mine and authenticate transactions developers need more than 50% of the global network of miners to agree with that change. When they get that support they can create a “fork”.
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Playmode Kreative
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May 07, 2018, 06:51:24 AM |
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Gold prices are based on this principle as well. Just like mining costs are primary influencing factors for gold, the Bitcoin price is determined by the need for solving certain equations, which are also termed as mining. This forms the supply part.
The other part is the demand for Bitcoins, which is based on the awareness about Bitcoin, its popularity, trust among crypto community members, and even more. If the demand is high and the supply does not meet the demand, this causes a spike in the Bitcoin rate. With Bitcoins being a finite amount that will never cross 21 million, the supply is very controlled. Thus it is expected that the price will keep on increasing.
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Atang Sulaeman
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May 07, 2018, 06:52:38 AM |
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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 1. the bitcoin price drops because it is an extraordinary problem that can affect bitcoin prices eg one country forbids bitcoin, surely the people in that country will sell bitcoin will be very cheap for fear of the existence of its not recognized bitcoinnya country. 2. the legality of bitcoin, in one country can affect it on bitcoin prices. the bitcoin holders that hold it, the depletion of the existing bitcoin deposits can also affect the bitcoin price itself |
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akihiro101117
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May 07, 2018, 07:01:50 AM |
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There are Several factors affecting the price, one of them is media releases giving negative news about bitcoin. Demand and supply also affect the price. There are only limited supply of bitcoin, i believe not more than 20 million is available. Once the supply increased and the demand is limited, the price will automatically go up.
I agreed. Negative news about bitcoin can give bad impression to the people who wants to consider bitcoin as an investment. |
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SnapDown22
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May 07, 2018, 07:06:05 AM |
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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 the decline in bitcoin could be due to bad news about bitcoin and investor interest decreases purchasing and the demand for bitcoin weakening may be the reason but I can not know for sure |
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aezotxmb
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May 07, 2018, 07:10:20 AM |
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The mood of the market is the key to price impact. There are some big whale or organizations that have the ability to create FUD with the media, which has been confirmed many times in the encrypted market.
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diickydbo
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May 07, 2018, 08:24:42 AM |
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I can also understand what affects the price of bitcoin. But the conclusions that I take The problem of economic or internal problems in some big countries or in the world seems to affect the price of bitcoin. But the most obvious is that when people panic and then sell bitcoin together, it will definitely make bitcoin prices down.
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Alveus
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May 07, 2018, 08:34:55 AM |
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A big factor in the price of bitcoin is the value of energy, it correlates with the price of the barrel of oil, and basically the law of supply and demand.
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JoshMart
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The Experience Layer of the Decentralized Internet
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May 07, 2018, 08:35:45 AM |
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For me the roller coaster movement of the price is natural due to Bitcoin's volatility by nature. To answer your question the main reason of the market activity mainly depends on the law of supply and demand. So if the demand is high, the supply is low the price will go up and if there are more demand than supply the price will go down. this demand and supply is based on the interest and reaction of the people to Bitcoin, are they buying, selling or holding.
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Fergal Rodriguez
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May 07, 2018, 08:40:17 AM |
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I believe that the price is most affected by human greed,because of the whales who can manipulate the rice of Bitcoin which making the price either high or low.People can effect Bitcoin price too. For example; when the number of Google searches start to decline, Bitcoin price is effected in a bad way too.
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overthetop2011
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May 07, 2018, 08:42:06 AM |
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The most important factor of influence is the policy from different countries.
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loismanny88
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May 07, 2018, 08:45:17 AM |
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Whales affect the price..as simple as that. There are a few dozen people in the world who have a crapload of bitcoins and they pretty much manipulate the price. When they decide to dump they raise the prices so new investors enter the market out of greed. They dump their btc on them, then drop the prices so they can buy lower...then rinse and repeat.
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blocklancer8
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May 07, 2018, 08:50:31 AM |
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Which affects the price of bitcoin ups and downs is caused because No leader who leads or determines the price that an control is everyone who has the bitcoin. If someone sell all his bitcoin then it will decrease lot of price and vice versa so no one can determine or fit price.
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