what affects the price?

[Bessta]

Tecnically its the law of supply and demand that would determine the  price be it low or high.  But the supply would be affected by the large amount of bitcoin sales due to negative factors like media publicity and hype such as government banning or negative policies of bitcoin, market mmanipulations and panic selling.

[YNAGS Team]

The most likely it is a mysterious thingy called a correction, dont know exactly how it works, but guys are telling that everything will be ok

[Ayaancool]

Fake news and negative news that related to crypto are the main issue that create variations over its demand in crypto market. These demand is controlling the price of each crypto,so the variations on demand make variations on its price too. It's related to the law of supply and demand.

[btc4future]

I don't have definite Idea. I also need to know this. I dont think its depend on demand and supply. We have to know that it is mineable so its will be a cause of this price volatility.

[irenegaming]

The last down trend was due to the market correcting and had nothing to do with anything else. Also the price depends on the demand and supply of the coin. So if the demand is high than the price increases while if the demand is low than the price goes down. Its as simple as that really.

[Crowdsale.network]

The big financial giants of the world speculate through the news and make BTC price down, Simple people are being led by this and they are selling bitcoins, so in the near future the big giants will buy BTC in a cheap price.   

[pancawati77]

This is an investment requirement as well as the quality and prestige of ico programs and exceptions in government policy and electrical resources to explore bitcoin if they can do good and will greatly affect bitcoin.

[Rodeo02]

Fake news and negative news that related to crypto are the main issue that create variations over its demand in crypto market. These demand is controlling the price of each crypto,so the variations on demand make variations on its price too. It's related to the law of supply and demand.

And as what we can see people are tend to take bitcoin but there is a lot of negative comments and news that have been spread for other so the demand of it are may not move for and if this may move it is slowly moving.

[crypto002]

According me The Factors that Affect the Price are...
1. News or Media- News and Media can have both postive and negative affects of bitcoin. Just look at the end of Bitcoin how hype was in media ,social media,news channel it help bitcoin to grow and look opposite the negative news when news came from south korea , china or hacking comes just look how bitcoin price drops badly. so news is a factor the affects the price
2. Rules and Regulation - Since the rules and Regulation have introduced by  government this has affect price of bitcoin a lot .
3. Market Manipulation- They are some investor who comes to market for long reason they just but huge number of bitcoin when the price is low .which adds to volume and this where people to start to buy bitcoin and when bitcoin reaches high they just sell it off. which is also called pump and dump

[Melodimayy]

What i could think of is because of the good prices spike before the cryptocurrencies prices fall down in the later event. This is kinda normal phenomenon that could occur in the market. Surely when there is down, there will be up as well. also otherwise too. bearish and bullish.

[Superways]

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

I will say that only the weak hands affect the price of bitcoin as if they will not be affected by any bad news and will remain strong with bitcoin then the price of bitcoin will not decline with the massive sale off of bitcoin. If they will continue to sell with every bad news then the price will drop. We have to educate these people about bitcoin and about its future then it may affect them to not to sell their coins at lower price.

[Cryptoproff]

I think the user is the reason so that the price of bitcoin is changing. If there are many users, the price falls down because if there are many users, the demand is high so the price is falling which makes the price change.

[bitterguy28]

we should know had an many struggle issue about bitcoin starting January 2018 bitcoin price falling down due the some reason fakes news some country ban bitcoin, some country want to regulate bitcoin because want to collect taxes, government of every country want to handle bitcoin how to control like fiat money all of these are affected bitcoin price goes falling down, but again bitcoin still strong and now going back slowly upise the value in the CMC.

[qwertyup23]

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

There are many things to consider when it comes to the price of bitcoin, beinf affected by such factors:

• Government prohibitions on some countries decrease the number of attracting new investors and retaining new ones;
• Media has been an integral factor as it influences individuals around the world. Unfortunately, it has created this stigma which people have been skeptical into investing;

• Large trading companies and certain banks that prohibit the utilization of such since they see it as a threat rather than something that is beneficial; and
• Its overall assesment in the market since its price is primarily determines by the law of supply and demand.

[tarumijo7]

For crypto there are various reasons such as government policies against it and the effect of negative issues on bitcoin, people save from the coin, the goal that investors want certain coins to reach in the market.

[maianh09]

Many factors affect the price of all Altcoin. Recent price influences are information from the US when the national government is trying to curb the growth of Crypto and issuing some large Crypto companies such as ETH to put pressure on all investors.

[dungthuy]

The are many factors affect to the price of the cryto market. Movements from government as well as political issues are the most influential ones. Last year when China government have strictly rule on coin, there is a clear downtrend on the market.

[signup01]

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

there are probably many factors that could affect the falling price of one of its less demands than on sales and cryptocurrency I think is severely affected by bad and negative news that makes investors less interest to invest

[lelylely]

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

Bitcoin is a decentralized currency so that its price is directly influenced by demand and supply and also negative news and positive news circulating in society.

[berinatt]

I believe its Media and fake news specially on twitter not only BTC but altcoins too.