what affects the price?

[Colt22]

In any market  what affects the price is SUPPLY &DEMAND , considering the circulation is low and DEMAND is high for brtcoin that is the most affecting factor,  news from different government actions and rumours also can affect the price up and down time to time.

Yes these news are not good for the price of bitcoin but in actual that will not affect bitcoin at all if people will not rely on that and if they will keep their money in decentralized wallets and if they will do their trade on decentralized exchanges. Then none of the person will find that who is using bitcoin then even a person in a country will also use it where it is banned.

[melekseverce]

For me the supply and demand of bitcoin in the market affects its price. Because if the supply and demand of it is too low bitcoin price has to lower their price too. And if the supply and demand is high they have to make a high price too. But it is only my opinion. So what's yours?

[freshm4ker]

The physical market and the digital market are always influenced by the basic law of supply and demand called supply and demand. If the offer is more than the request they want so that the price will fall and vice versa.

[brylle34]

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

what might be the reason why bitcoin's price is going down?
there are a lot of reasons why bitcoin goes down like ngative news, FUD (fear, uncertainty and doubt, usually evoked intentionally in order to put a competitor at a disadvantage.), tradings, panic selling etc.
what are the major things that can greatly influence bitcoin?
The  greatly things that affect bitcoin are the people that's on media, the holders and specially traders, there are the people who are on control to be more specific the people who are holding big amount of bitcoins.

[anam17]

The price of bitcoin in the first of year is too high, and right now the price of bitcoin being correction, right now we can see that the price of bitcoin is going up again, i hope that the price of bitcoin is getting back to normal soon

[Darker45]

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 a mixture of reasons why Bitcoin moved too down low after it reached its all time high in December of last year. One of the reasons of course was the correction. That was expected because that $20,000 all time high was far beyond the prediction of the majority of crypto speculators and analysts. Add to this the real and fake news about Bitcoin and crypto fate in many countries. Some are implementing very strict restrictions, some are even implementing a ban.

[websing]

A lot of news is emerging and is able to influence bitcoin market sentiment.

[BennyK]

A lot of factors come play in the determination of the price of a cryptocurrency. First and foremost, the price is determined by the actors on the market, thus, the seller and the buyer. The readiness of the seller or buyer to sell and buy at certain prices for a consistent period of time determines the price at that particular time. Also, as the demand of a coin increase, it's value and price increases as such.

[MiXxe]

There are numerous factors that play to the price of bitcoin. But the most important among them are the law of supply and demand.
These two covers the other remaining factors. Why is this important? It is because supply and demand are used to differentiate a price of any economic product either be tangible or intangible.  when bitcoin supply is high and demand is low, it will make the price lower.

[PalindromemordnilaP]

One of the very reason of bitcoin's recent downslide of its market value is the fact that people are selling their bitcoin holdings be it during bitcoin's price hike and much even more during bitcoin's falldown because there are people who are selling off their bitcoin due to fears, uncertainties, and doubts.

[sgenuine]

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

Mass media has a great effect on the price of Bitcoin and the other coins. Additionally, the whales (the richest BTC holders) can regulate the prices of the market.

[Bagaji]

There so many factors that affect bitcoin market value which range from fundamental issues like positive and negative news around the world and at the same time technical issue also has influence on the market. Massive conversion of bitcoin to dollars will also affects the price of bitcoin negatively and many others.

[Faxmate]

Well pretty much everything , news especially- political , general, economics , trends, kappa and so on 

Yes really it happens news sometimes effect the price of bitcoin, as some people use to spread bad news about it but I don’t think we should listen to them, don’t tell others about it, just make your own decision and follow what you see in market, but I think price can be effected by demand and supply as when supply become high than demand price get down, so main factors which affect the price of bitcoin are supply and demand.

[suvo05]

So many bad news and rumour about bitcoin. China ban bitcoin, Korea ban bitcoin, FB ban ICO ads, Twitter ban ICO ads, India ban bitcoin, Child abusive video on bitcoin blockchain. Those are the example of such news/rumours which have a high impact on btc price. 

[Crislyn4116]

The affect of the bitcoin price is the community and supporters a big community can help a  coin to get listed in different exchanger. A fake news is can affect the price because of the panic selling the demand is low so the price is getting low.

[Capt00]

There so many factors that affect bitcoin market value which range from fundamental issues like positive and negative news around the world and at the same time technical issue also has influence on the market. Massive conversion of bitcoin to dollars will also affects the price of bitcoin negatively and many others.

It is commonly happen in crypto and even in other form of investment cause some people really don't know about these. In some reason also that it could be a competitor of their investment, that's why they make some false news in order to captured the trust of the people away from crypto.

[traderethereum]

So many bad news and rumour about bitcoin. China ban bitcoin, Korea ban bitcoin, FB ban ICO ads, Twitter ban ICO ads, India ban bitcoin, Child abusive video on bitcoin blockchain. Those are the example of such news/rumours which have a high impact on btc price. 

with that bad news, I think it will make btc price getting down but I still believe that bitcoin is really strong and even if there is any bad news is released, bitcoin will always back to the highest price. actually, the bad news is giving a chance for us to buy bitcoin at the lower price because after the bad news is solved, the price will increase again so we can sell it to make a lot of money. whatever is happening with bitcoin will always affect the price and the price itself will up and down as usual.

[mobilestrike]

So many bad news and rumour about bitcoin. China ban bitcoin, Korea ban bitcoin, FB ban ICO ads, Twitter ban ICO ads, India ban bitcoin, Child abusive video on bitcoin blockchain. Those are the example of such news/rumours which have a high impact on btc price. 

with that bad news, I think it will make btc price getting down but I still believe that bitcoin is really strong and even if there is any bad news is released, bitcoin will always back to the highest price. actually, the bad news is giving a chance for us to buy bitcoin at the lower price because after the bad news is solved, the price will increase again so we can sell it to make a lot of money. whatever is happening with bitcoin will always affect the price and the price itself will up and down as usual.

Yes I have also observed that many bad news from many bigger personalities and entities came but still the price of bitcoin is in the forward direction. These bad news affect the price at that time for a shorter time period but after a few days and weeks the price of bitcoin again start to increase higher. That is the point that we say the future is of bitcoin and it will be the global currency in the future.

[Master Third]

Some says that this is just the normal event every year, some say it is because of the FUD, some say whales are controlling the market. Well all I can to this, is it doesn't matter, what matters is the truth that bitcoin is always work to come back after the dip, and when it starts moving to recover that is another big thing and this is the very reason why i don't panic.

[stromae]

So many bad news and rumour about bitcoin. China ban bitcoin, Korea ban bitcoin, FB ban ICO ads, Twitter ban ICO ads, India ban bitcoin, Child abusive video on bitcoin blockchain. Those are the example of such news/rumours which have a high impact on btc price.  

with that bad news, I think it will make btc price getting down but I still believe that bitcoin is really strong and even if there is any bad news is released, bitcoin will always back to the highest price. actually, the bad news is giving a chance for us to buy bitcoin at the lower price because after the bad news is solved, the price will increase again so we can sell it to make a lot of money. whatever is happening with bitcoin will always affect the price and the price itself will up and down as usual.

Yes I have also observed that many bad news from many bigger personalities and entities came but still the price of bitcoin is in the forward direction. These bad news affect the price at that time for a shorter time period but after a few days and weeks the price of bitcoin again start to increase higher. That is the point that we say the future is of bitcoin and it will be the global currency in the future.

The price is affected from lots of things, speculation, market move, trends, interviews, regulations, bans, government decissions, news, media, social media, TV news, venture capital news. Factors are many for the price change.