What affects the price of btc most?

[CryptoMoar]

in my opinion, that greatly affects the price of bitcoin today is the level of trust people have with digital currencies. because so far a lot of negative news about digital currency and all countries have not allowed the use of digital currency so everyone is afraid if using bitcoin or altcoin will not be used to transact.

[Dudeperfect]

I think the biggest factor that affects the price is that the lack of awareness about the market. I have seen newbies/impatient investors selling/buying under the pressure of fear of missing out without acquiring any information about the market. Most of the time, it doesn't work in the way that they expect. Their actions helps panic selling wave to spread and it affects the entire market.

[xDispeLme]

now is the time to invest in bitcoin,it is becoming popular,well, the price is now hopefully the lowest...waiting for until will grow

[alroys]

a lot of things that affect the price, one of which is bad news and market behavior. let's see, when there is bad news about Bitcoin, many investors are flocking to sell their coins that cause a drop in prices. another if we calmly face bad news and do not sell our coins. definitely the price will remain stable.

[Just John]

That would have to be the human factor because if people do not use bitcoin then bitcoin stops having value and the price starts dropping in respect to that. So the more users in bitcoin, the higher the price.

[jerrysmith]

I think any FUD news and the panic sale most affect the btc price its my personal opinion . market is influenced by news and media so these are the main fact of btc price ups down.

[Gabriellefull]

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?

I think the supply and demand of bitcoin has the greatest impact on the price of bitcoin. The bad news about bitcoin is that it will sell bitcoins in order to cause panic, so that the supply of bitcoins will outpace demand, which will lead to the price of bitcoins falling.

[Vinz2017]

the regulation of bitcoin suggested in debate in G20 whereby dacilitated by many financial institution from different countries globally.

[usmanov123]

i've heard that BTC trading looks more like FOre right now. In a sense of market makers manipulating price to get money from retail traders

[Kurokonobasuke]

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?

I am not sure but I think the biggest thing that influences the market value of Bitcoin is the demand. It is believed to be proportional such that what happens with the demand will be reflected to the market value of Bitcoin. Given that at this moment, the market price is continuously falling,chances are high that same thing happens with the demand. Surely, dumps are temporary. The market will soon recover so holding is advisable.

[Jay Jay crypto]

Bitcoin has many functions and uses, but we will only consider those that are salient to price fluctuations: Bitcoin ... Of course, transactions over the Bitcoin network do not directly affect the market price of Bitcoin.

[Akeeto]

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?

to me i think its regulation.. countries... like china korea.. etc and social media like facebook are scaring potential investors away

[oppasong]

many factors that affect the price of bitcoin down drastically as with the ban bitcoin via google facebook and twiteer but also the exchange rate is now so high and I am so sure that bitcoin will be back to stable as usual because the volume of bitcoin up to today is still safe ...

[Vinodam]

There are several Contribution to the rise and fall of Bitcoin. But one has significant influence which is Media Coverage and dissemination of information to the public. Media is a strong force to the promotion of any business.

[Gumpfire]

Currently, I think what affects the bitcoin price the most is the bitcoin, itself, being banned in multiple countries since the value of the bitcoin and the number of bitcointalk users is directly proportional to each other. When bitcoin users increase the bitcoin value also increases.So, if a country bans bitcoin the number of people who uses it within that country will be deducted to the number of bitcoin users and the bitcoin value will now decrease its value. I will also like to add the strict regulations that are being implied right now slightly reduces the users because many bitcoin accounts are being banned for disregarding the rules. I suggest that they further add campaigns to spread the new rules and regulations of bitcoin and the government of each country.

Yes its true the reason that affects the price of bitcoin from decreasing is because of banning it in other countrues that the government is afraid that bitcoin or cryptocurrencies will replace the original currency, banks, and etc. The number of bitcoin users has a reflects to bitcoins price because if bitcoin users increase, bitcoins value would increase too and when bitcoin users decrease, bitcoins value would decrease too.

[NightCloudz07]

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.

yes your right and i also hoping with that because bitcoin is can recover again bitcoin is not weak coin to giving up so lets spread that bitcoin is gonna be rise again in this coming days.

[BitHodler]

now is the time to invest in bitcoin,it is becoming popular,well, the price is now hopefully the lowest...waiting for until will grow

We have been growing consistently throughout the last years, but people focus too much on peaks, and these peaks have proven to be unreliable, especially in the very short term as everyone can see now.

I draw a line from bottom to bottom to look at the actual growth development, and that's far better and more accurate than the hype peaks. While people here are panicking the bottoms are still unharmed.

Current bottom shows that the support above $6000 is solid enough to maintain the market for the time being, and it looks like we're slowly on the way up again. Im still a bit conservative, but a higher range is a good start.

[eann014]

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?

I think it is because of panic selling of their bitcoins, that's why it is dramatically getting low right now and at the same time, a lot of altcoins now are opening and making their own name so that they can also attract people to buy with their coins and not with bitcoin.

[Edraket31]

Bitcoin has many functions and uses, but we will only consider those that are salient to price fluctuations: Bitcoin ... Of course, transactions over the Bitcoin network do not directly affect the market price of Bitcoin.

The btc affects the price thru the investors/users most, as we are one of the big factor controlling the price especially if we have whales that uses buy and sell method then it has a material effect in the flow of the price of bitcoin in the market, so you should know this thing.

[kwarto]

lately, the fall of price is due to negative publicity of the coin.

no 1. sanction of facebook and google to ban crypto related ads to there platform.
no 2. news from china to ban crypto
no 3. goverment policy to regulate crypto currency.

there are some more bad publicity crypto facing in the previous days resulting to drop the price..