ahrispool (OP)
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April 03, 2018, 07:08:10 AM |
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There are a lot of factors influencing the price of bitcoin, including technical issues/new alts coming out/regulations/stubborn miners/conflicts between developers(or groups)...etc.
What do you think is the most crucial cause? Why did the price drop dramatically these days? Will this be a rebound point?
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Dexion
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April 03, 2018, 07:13:14 AM |
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I think the factor that most significantly affects the bitcoin price down is due to the high sales and also the fake news made by a journalist about crypto.
but, I predict the bitcoin will rise and high again, because spreading and volume of bitcoin is still stable.
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weertgilders
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April 03, 2018, 07:30:12 AM |
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Supply and demand. They have to balance each other out and if the amount of supply is more than the amount of demand then prices go down.
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Fenixsfeather
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April 03, 2018, 07:35:36 AM |
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Nowadays the most influenced factor is regulation. If countries will ban crypto currency, the market will go down. Now, when attitude of the world towards crypto currency is indeterminate, this's the most important thing. We can see how China restrict miners and how it's influenced on crypto currency market.
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karloscimot
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April 03, 2018, 07:38:48 AM |
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There are a lot of factors influencing the price of bitcoin, including technical issues/new alts coming out/regulations/stubborn miners/conflicts between developers(or groups)...etc.
What do you think is the most crucial cause? Why did the price drop dramatically these days? Will this be a rebound point?
if in my opinion bitcoin prices will improve. it is not possible the bitcoin price will continue to fall until the bitcon price becomes zero. usually that often happens every price is down there must be up. as it has happened in last month and last year |
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HanaTenun
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April 03, 2018, 07:39:06 AM |
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There are a lot of factors influencing the price of bitcoin, including technical issues/new alts coming out/regulations/stubborn miners/conflicts between developers(or groups)...etc.
What do you think is the most crucial cause? Why did the price drop dramatically these days? Will this be a rebound point?
may the bitcoin experience the turning point of all this and the great expectations of investors in investments with bitcoin many are panicking and confused with the current bitcoin prices that are so down drastically |
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NuttyOrange
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April 03, 2018, 07:42:23 AM |
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I think the most crucial factor would be those FUD news. Because it creates panics to the holders which will later on make a domino effect, thus creating a sudden dip for the price.
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qq555
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April 03, 2018, 07:44:38 AM |
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bitcoin is one of the world's juiciest prizes for hackers. there must be thousands or tens of thousands who've tried to break it, let alone governments and banks, and they all went away with their heads bowed.
this forum would not still exist if bitcoin had been cracked. if it is we'll sure as hell know about it.
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fiulpro
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April 03, 2018, 07:45:14 AM |
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Essentially the speculative news and personal individual speculation is what affects the pricing to the largest extent.
People rely on some random news and speculative analysis to wheather to buy or not. This creates an unwanted bias towards buy or sell task. For some speculations, people tend to buy more and more, and thus reduce the supply virtually and altermatively increase the price, while due to some speculations people tend to sell more and virtually create huge abundance of btc which further decreases allot of the price.
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monster2
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April 03, 2018, 07:52:03 AM |
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people have a bitcoin price impact because of the absence of too many investors today so it will also affect the price of bitcoin so the price is low.
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INVECH - SECURE AND LICENSED CRYPTOCURRENCY EXCHANGE - INVECH (https://bitcointalk.org/index.php?topic=5052844.0) |
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EmJay
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April 03, 2018, 08:03:50 AM |
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For me, I think the rhe factor that most affect the price of bitcoin is that FUD's or the news about cryptocurrency. Investors especially those who are new in cyrpto world that when they heard about the news of bitcoin and when the peice starts tp drop down, they are in panic and continue selling their bitcoin inwhich it affects the price of bitcoin. It also keeps dropping down.
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Missterio
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April 03, 2018, 08:06:57 AM |
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The market is influenced by news, and big players, they change the price in any direction.
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Muktar
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April 03, 2018, 08:08:29 AM |
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I think the most affect the bitcoin price is the number of investors, if investors a bit then the volume of bitcoin in the market will increase and prices will fall, otherwise if the number of investors increases the volume of bitcoin in the market will be less and the price will continue to increase
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adjk7
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April 03, 2018, 08:10:52 AM |
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I think there is a big relationship between the rise and fall of Bitcoin and people's demand. If the demand is higher, the price will rise. If the demand is low, the price will fall.
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liangweicha
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April 03, 2018, 08:13:30 AM |
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The main reason, I think, is the policy factor. Because more and more countries recognize the status of bitcoin, the value of bitcoin has also been recognized to some extent.  |
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Nanagyasi
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April 03, 2018, 08:38:48 AM |
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A research in 2017 revealed 4 major factors that drive the price of Btc. Media hype and uptake by peers, political uncertainty and risk, moves by government and regulations, and governance of Bitcoin but I think media hypes has the highest influence. It is believed that most investors make decisions based on the behaviour of other participants in the market and their own intuitions, rather than hard analysis of the market. This means that as the media speculates bad news about Btc, it is likely to influence their decision and once investing in Btc goes down, the value is likely to also go down and vice versa
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Aryadwipanggah
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April 03, 2018, 09:01:57 AM |
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the most fundamental in influencing bitcoin prices is the first suply and demand for bitcoin and the second fundamental technique that includes good and bad news about bitcoin, so I think these two factors are most influential on bitcoin prices
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TorbiK
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Diagon
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April 03, 2018, 09:06:42 AM |
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The global bearish trend started with the launch of Bitcoin futures contracts. Institutional investors got the opportunity to play short. For them, Bitcoin is a fizzy so they crushed it. They are interested to buy it now for 1000-2000 $
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IamSaitama
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April 03, 2018, 09:12:47 AM |
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Supply and demand is the answer. Banning cryptocurrencies in some countries, allowing it in some, the number of investors on bitcoin, and the number of individuals who use bitcoin are the one who affects the number of demands on bitcoin. So basically we control the price of bitcoin. We have a power as a whole.
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Linhkej
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April 03, 2018, 09:18:18 AM |
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There are a lot of factors influencing the price of bitcoin, including technical issues/new alts coming out/regulations/stubborn miners/conflicts between developers(or groups)...etc.
What do you think is the most crucial cause? Why did the price drop dramatically these days? Will this be a rebound point?
Factors that affect the bitcoin are the investors. I think some investors did not trust the crypto and decided to withdraw their capital. That has made the crypto market in crisis. Bitcoin has gone down at the lowest price of $ 6k5. In addition, I think the stock market has a lot of impact on bitcoins. Top technology companies like Amazon, Alibaba have lost more than $ 100 billion. |
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