what affects the price?

[rokergila01]

Factors Affecting Bitcoin Prices
Broadly speaking, there are several factors that trigger. Here's an explanation:

1. Bitcoin volume is still small
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.

Based on data from blockchain, the current volume of bitcoin is still small. This is what causes bitcoin prices to rise or fall drastically when there is a sale transaction and buy bitcoin with a large volume.

2. The existence of Bitcoin Trading
The more phenomenal bitcoin, so no wonder if many who wrestle profession as a bitcoin trader. This is the factor of rise and fall of bitcoin prices significantly. Traders will buy large amounts of bitcoin at a low price then store it for some time, and will sell it when the price is high.

3. The result is when the process of buying, auto prices will go up and the price will come back down when the process of selling bitcoin. Plus, users who use bitcoin for other purposes are still few when compared to users who use bitcoin just as trading.

[NerdofBTC]

The huge demand and supply effects the demand of bitcoin as the supply increase the demand become less due to which price fall but when the demand increase more as more people want to buy the bitcoin due to which quantity of money decrease and the price become higher and design also effect the money as more and more bitcoin are made it was say that in 100 years there will be 21million bitcoin made but in 5 years 13million is made it means that in 95 years there will be only 8 million bitcoin created.

[Froloff92]

I think the media has a great impact with the rise and  fall of its value, bad news drives the value to go down, Good news attracts investors to indulge digging just to earn good profit.

[Radio-Active]

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 basic thing that can affect bitcoin price is the demands of bitcoin itself.
on the last december, bitcoin price keep increasing. More peoples start to wonder why bitcoin price increasing.
and they decide to join by buying bitcoin. many peoples buy causing price to spike

[mung_nasib]

According to the knowledge of the main factors that can affect the exchange rate bitcoin is the emergence of bad news about the world of cryptocurrency that does not immediately subside so that problem makes traders panicked to immediately sell its assets even though the exchange rate has decreased.

[hardtargetbtc002018]

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 so many reason why the market price decreases but one of the common reason is due to bad news from media that destruct bitcoin image.

[Tuare aget]

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 basic thing that can affect bitcoin price is the demands of bitcoin itself.
on the last december, bitcoin price keep increasing. More peoples start to wonder why bitcoin price increasing.
and they decide to join by buying bitcoin. many peoples buy causing price to spike

Bitcoin dropped the first time this year when it will enter the Chinese new year. then people assume the price will rise after passing the new year. continued negative news about Bitcoin, the price dropped again. and people assume because of this negative news bitcoin prices are going down.

[alexsandria]

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.

Market fluctuations is inevitable and there are many factors that affect the price/value. For instance, the demand and supply of bitcoin, the economic events, the different kinds of alternative coins and etc.

[Lucas Kronenberg]

The rate of such currency as bitcoin is formed due to active demand, as it happens with other currency assets. But since bitcoins have a low overall capitalization, the bitcoin rate is strongly influenced by the mass hype and large players. Each user, who has a certain number of this currency, can raise or collapse the market, if he catches the confusion of newcomers in the market. Global demand and the fall of any e-currency occur regularly, and it depends on the willingness of users to buy e-currency. The rate of such a cryptocurrency as bitcoin grows with a high demand for any cryptocurrency. If there are players on the market who are ready to buy this currency, the rate will constantly grow. But if seen sharp spikes in bitcoin, it says, that appeared on the market pampery. Pumpers are players who have large assets, and can quickly buy up a large amount of currency, and thus raise the rate to the maximum values. As a rule, pumpers, with the General excitement, begin to buy orders. This creates the illusion that the cryptocurrency rate is growing steadily. Thus, the market begins to panic, and newcomers are beginning to buy up the currency. At the peak of trades, pumpers start dumping and dumping their assets. After such manipulations, the bitcoin rate goes down to minimum values. The growth rate of any currency depends on its popularity, as well as good news and advertising. The more people know about the features of a product, the more they want to invest money in it, or to play on the stock exchange, in addition to the bitcoin rate is influenced by the spread of electronic coins themselves. Now bitcoins are often advertised in the media, and this contributes to the growth of their course. But the sharp rate of bitcoins depends most often on the interest of major players, who are often covered by good news, invented by themselves. Bitcoin correction is a smooth increase or decrease in the rate, after a sharp increase in the rate or a fall. Such a term as a drop seems to be a drain at which the bitcoin rate drops to 7 percent. A sharp drop in the rate is when it goes down by more than 15 percent. Due to the sharp fall in the spread of bad news, panic or the ban on the distribution of bitcoins in any country.

[Shiversnow]

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 believe that demand plays a major role in any industry based on my classes in Economics. We all know that the price of bitcoin is volatile and it always changes and it is normal to happen so that there is nothing to worry if the price of bitcoin fall down. Furthermore, I hope in the near future it will rise again and I do believe that it will gradually go up.

[Baby Dragon]

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 news about the crypto market is one of the things that affect the prices not only in bitcoin but to the whole industry. One of the prime behavior of bitcoin is its fluctuations in the price in the marker. And this price of bitcoin also depends on the demand. The demand for cryptocurrency is increasing with the demand of other industries especially on the last quarter of the year.

[Aprilperez1]

They have many different types that make the bitcoin price dump and pump. Because of the fake news the newbie will make panic selling of the holdings so the price will go down. Because of the big investors the price will pump.

[calandra78]

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 believe that demand plays a major role in any industry based on my classes in Economics. We all know that the price of bitcoin is volatile and it always changes and it is normal to happen so that there is nothing to worry if the price of bitcoin fall down. Furthermore, I hope in the near future it will rise again and I do believe that it will gradually go up.

For increments and Penurun is already the law is the request of the people. and the existence of positive news such as legality in the country will also strengthen for the rise of btc. actually to know it is quite easy to monitor news bitcoin which always update and make speculation

[jake zyrus]

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

As I observed, the prices increases when more people uses and buys bitcoin. And it is more likely to drop whenever the prices are becoming to high that there are too few who can buy it. The prices feeds on the demand and the demand depends on the supply and time of the year. Because of all of these, the price of bitcoin fluctuates every moment and gives investors and traders opportunities in this industry.

[missycoin]

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

[lelahkenabanned]

which is the main influence of bitcoin prices is from very high demand and from a very limited total supply so as to affect the movement of bitcoin prices. not only that for now news in some media can also trigger the movement of bitcoin prices.

[im posible]

Bitcoin price fluctuations are largely dependent on the price of the request (the person who buys) and the price of the offer (the person selling) as other currencies. In the practical language is supply and demand. So, the real reason why Bitcoin prices are more volatile than other currencies is; the absence of any entity that controls the price of Bitcoin. So the bitcoin price is determined by everyone who has Bitcoin (regardless of the amount).

[Charity07]

The factor that affects price mostly is, Market manipulations from the financial institutions,the news,the FUDs, and most importantly, technicals these are the things that you should be watching out as they are going to be a good trigger for your trades, this is the butterfly effect that is why we need to be sure to our all decisions before making a conclusion.

[maxman190]

Many small and medium-sized investors, even by themselves, are able to force the price of crypto currencies to creep up by increasing demand for it. In the case, when manipulators stimulate the acceleration of price growth, this stirs up a massive stir around the acquisition of this crypto currency, and as a result, growth becomes even more rapid. Price jumps due to the arrival of large investors on the market also stimulate the growth of interest in the crypto currency and the growth of its price.

[Sarastiche]

Several reason is attached to the price in December  festive period and Holiday season lots of individual tends to take profit,sells was higher than the  people buying this automaticall crash  the price. This is the usuall trend every year, price tends to crash in Decmber,january and pick up Mid of the year. News against BTC  is also has  major negative impact on the price.