What affects the price of btc most?

[Verdika90]

There are a number of factors that influence the price of Bitcoin over time:

Demand (demand) and Supply (supply) on the market.
Total Number of Bitcoins and Holders.
News

[Washball]

There are only 2 things that affect the price of bitcoin: pump and dump from the whales and FUD. The whales are small in numbers but they have the largest amount of bitcoins. When they decide to pump or dump, the effect on the price is instantly dramatic. All other effects on bitcoin is the result of FUD. The negative news keeps investors away, week hands begin to sell off and the price drops, causing more panic sells. As holders we have to anticipate on pump and dumps and stay immune to FUD.

[Carmen01]

FUD and the popularity of crypto affect the btc price in market,i think also users,investors and traders have impact in price because there doing a lot of different business here to earn but not all are luck like they can lose also in investing here in crypto so that also have impact in price of btc in market

[zhekinsp]

so far I still see the regulation by the largest bitcoin adopters countries, still a factor that can affect market conditions.

Actually the regulations didn't affect the price,the rumors and fake news are the main factors which is affecting crypto currencies.We can see that lots of new spreads about regualtions and ban of bitcoin are just fake.So news affecting the price more than the actual thing.

[jeanpadel14]

Stability of the bitcoin network is a major factor that most bitcoin enthusiasts are concerned about. Most people want a secure network where they will not lose their money. Unlike the conventional currencies like euros and dollars, bitcoins are largely perceived as economic bubbles as they are only valuable when exchanged with other currencies, but do not have any inherent value on their own. If most people and business organizations stopped accepting bitcoins, the “bubble” would burst, leading to a fall in the bitcoin price.

[Chaki]

Division of money and fund to thousands of ICOs existing in any exchanger and ICOs that are coming and this scam ICOs who make potential investors away or doubt about cryptocurrency.

[real_links]

I think the more people that sell off (selling order) the more the price goes down. and it's FUD that make people scared

[AnnaGeraMsk]

for today I see only two factors influencing the price, it is a news factor and not a regulated market, without a control!

[9jaflick]

Anytime there are restrictions on the use of bitcoins, their price changes drastically. However, because of the anonymous nature of the bitcoin transactions, most governments are proposing certain rules to eliminate this anonymity. For instance, there have been proposals to create a third party supervision mechanism for bitcoin exchanges. This is bound to significantly affect the bitcoin price.

The media can also influence the bitcoin price significantly. Media hype can easily lead to an increase in the price, while negative news can lead to a decline in the price. For instance, news about bankruptcy or hacks on bitcoin-related websites and services can cause panic and disruption among bitcoin users, leading to price dips. Negative news about government involvement and regulations as well as news on the use of bitcoins in illegal dealings such as drug transactions and money laundering tends to have the same impact on the bitcoin price.

[bitgolden]

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.

Positive and negative effect both. In my opinion these both have a tremendous impact on bitcoins prices. They are just going up and down and move such drastically that no one can even think of their next move. But when people start losing confidence in bitcoins just by hearing bad news, they sell at once that will be affecting definitely. But when at same time, people buy bitcoins, so positive effect is there too.

[Razick]

This would have to be the balance between supply and demand. If supply surpasses the demand then market prices go down and fall really low which is what we are experiencing right now with the market. With the Mt Gox sale putting so much coins into the market there wasn't enough demand to balance it out. Then cam the people who started panic selling and dumping even more coins into the market.

[SirLancelot]

I think right now the whole credit credit card issue of purchasing bitcoin has been hurting it a lot, seems like it made a little rise today though. I actually wanted to buy more as it hit below 7k again, it's a good thing for investors and believers.

What you told was little confused. I didn’t get your point about credit card buying but what I know is bitcoins are suffering from bad times. There are so many reasons behind this downfall but what is authentic is people are continuously selling in panic situation. Although condition is really miserable, but still all these holders must show some patience and don’t just selling up continuously.

[Yassin]

for the moment that I know that affects bitcoin prices is bad news about bitcoin and many sites prohibit bitcoin advertisements as well as many countries forbid bitcoin to flourish in the country, thus causing panic for holders and investors around the world.
but I am still optimistic if bitcoin prices will rise again because in every market there must be down and up.

[iconicavs]

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?

The major reason of its highs ang lows is the population of investors who are gaining ang losing their interest in investing. If the bitcoin is in demand, it goes high if it is not then it drops very low. That's what happens and I think it's the most disturbing problem of bitcoin.

[newb-dev]

In my opinion the biggest factor that influences bitcoin is the fact that when the guys with huge amounts of bitcoin start to sell the prices go down

[Procopiogamscrypto]

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?

It's understood that the reason why bitcoin has to continue dropping and bounces a little because of the drastic increase in supply due to a massive selloff of weak people and manipulators, supposedly the demand should also be higher to meet the basic rule but instead there are some companies usually accepting cyrpto as a mode of payment had been controlling their transactions to prevent loss and to overcome this kind of situation, a large acceptance or mass adoption are needed to attract more payment center accepting crypto and encourage the people to use it not just holding to balance the circulation of crypto in the market.