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Author Topic: Factor to Consider  (Read 551 times)
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April 23, 2018, 09:45:08 PM
 #121

Mass media and hype are the btc drivers they make positive demand. Who works in advertising that knows it. Any other factors are second but also important.
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April 23, 2018, 09:56:37 PM
 #122

the some major factor affect in bitcoin price has determine by supply in demand, the controlled of supply well defined through new coins well enter the system of mining,and mining has generates new coins as an incentive at proof of work,,so that this process mining has generates new coins at fixed rate,therefore the no, of bitcoin circulation is considered from anytime calculable,



I agree with that, cause these two will evaluate how expensive does each Bitcoin will be, and these two also will be depends upon what or how workers or miners here will performed, of course if the people were productive the price will fluctuate , and we must also consider the fact that season affects this so much, just like a fruit we shouldn't harvest it at the wrong time for it to be sold in the market.

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April 24, 2018, 10:45:37 AM
 #123

What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read:

1. Bitcoin supply and increasing/decreasing demand
2. Bitcoin in news: Influence of media on garnering negative and positive publicity
3.Bitcoin users and developers influence the rise and fall of price.
4.New technological changes to Bitcoin

For discussion for the above mentioned. You can check this link: https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894

How about you? can you add more factor that can affect the price of the bitcoin? Comment below.

All of the market has the same concept of supply and demand even in the stock market's of different countries and because of that, selling and investing on the right time will really give you a huge amount of profit.
Before investing in almost anything, one should keep the factors in mind that determine the growth of their investment. This might be liquidity that is the readiness of an asset to be converted into money. There is risk factor which should be the minimum possible.

Return is what we quest for. The more the return, the more is the investment. Besides, the market role is crucial in any investment. Keeping these factors in mind, Investment in Bitcoin is worth it.
You are right, we are all after return and one thing we should always keep in mind is the fact that no matter what, the market will always have its huge fluctuations, so it is always better that when you have some sweet returns to at least, use those moments to sweep those profits and look forward to buying back at dips.

Moreover this is for the traders anyway and for long term investors, the long term benefit is always superb anyways. Due to watch lots of factors I do usually hate to engage myself with trading. Trading is good only for the people are having some excess money to risk and for all other, simply holding will be the only available and viable method.

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April 26, 2018, 02:54:49 PM
 #124

I just want to add those whales because they can also affect the price of the market whenever they are selling and buying. Everytime they sell or buy or even trading it affects the price of coins they are holding.

I am not familiar with whales that you are talking about. There was a lot of reason or should we say factor that affects the Bitcoin price , and I think very known for that was the demand and supply of the Bitcoin. Mid year is coming people here were expecting for having a better amount of holdings since last year this is also the same time of thw year when Bitcoin pumped,and we sgiuld be all working for that.
Sure, mid-year is always that time of the year when things always get extremely better and then we get to see the market doing a huge one. Looking at the alts, we can see that some pump attempts are already going on gradually and I believe once we start seeing this sort of things, we would always get to see the market with huge greens and percentage increase. Time to always wait for in the market after buying the dips.

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April 26, 2018, 03:53:00 PM
 #125

Among the reason you mentioned, I think the bitcoin news has the highest impact on prices. Just when Soros announced his entry in bitcoins, prices jumped by a big margin.
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April 26, 2018, 07:34:05 PM
 #126

The price of Bitcoin depends on many factors. But the core is still in the supply and demand of the market. All the rest are aimed at changing the supply and demand rules in order to change the value of bitcoin and altcoin. So when investing in btc or any other coin consider the real need and value that it can bring. For example, apart from investment, which entity would like to accept it?
Out of many factors supply and demand is the main factor Which mainly affect its price. There is no regulations in the production and distribution of Bitcoin because of the bitcoin miners. And this is due to the its decentralised nature in which their is no central authority present to control it Undecided. Another factor is its price stability. Which is mainly influence negative news showing by media and different negative statement given by many economist. Another thing is bitcoin is ban in many country due to various economy and financial issues which also putting negative affect on Bitcoin progress.  Lips sealed

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April 26, 2018, 08:27:22 PM
 #127

What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read:

1. Bitcoin supply and increasing/decreasing demand
2. Bitcoin in news: Influence of media on garnering negative and positive publicity
3.Bitcoin users and developers influence the rise and fall of price.
4.New technological changes to Bitcoin

For discussion for the above mentioned. You can check this link: https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894

How about you? can you add more factor that can affect the price of the bitcoin? Comment below.

I do agree with the things that are mentioned by OP. These might be the things which are contributing with the sudden changes on the market value of Bitcoin. Genereally,the biggest thing that causes this to happen has something to do with the market demand in many ways. Still,we can't control Bitcoin users and Bitcoin itself in order to avoid uncertainties due to the market volatility. So let's just continue supporting cryptocurrencies.

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April 26, 2018, 08:52:36 PM
 #128

What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read:

1. Bitcoin supply and increasing/decreasing demand
2. Bitcoin in news: Influence of media on garnering negative and positive publicity
3.Bitcoin users and developers influence the rise and fall of price.
4.New technological changes to Bitcoin

For discussion for the above mentioned. You can check this link: https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894

How about you? can you add more factor that can affect the price of the bitcoin? Comment below.

The baddest thing to happen that are affecting the market is fake news and different black propaganda that are being made by those people who hate cryptocurrency and most of them are just the banks who are losing people to place their money on them.
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April 26, 2018, 08:57:20 PM
 #129

I think most of the times news effects the price of bitcoin and it moves according to the news as sometime before google, facebook and twitter announces to ban ICO and Crypto related ads and the price of bitcoin seen a very low of 6000$ and after that some good news start to come and now bitcoin is recovering good so for me news is the most important factors which affect the price of bitcoin and other coins also.
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April 29, 2018, 05:41:13 PM
 #130

The price of Bitcoin is affected by many factors. The most important and common factor that affects the price of all the things is its demand and supply. The increase in demand will increase the price of Bitcoin and the limits supply also increases the price of Bitcoin. The second factor is the type of news about Bitcoin. The negative news about it will decrease its price as many investors will start selling it and vice-versa. But what I have seen is bitcoin is most influenced by the whale play which is the reason why bitcoin's price goes up and down.


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April 30, 2018, 08:00:34 AM
 #131

the some major factor affect in bitcoin price has determine by supply in demand, the controlled of supply well defined through new coins well enter the system of mining,and mining has generates new coins as an incentive at proof of work,,so that this process mining has generates new coins at fixed rate,therefore the no, of bitcoin circulation is considered from anytime calculable,



I agree with that, cause these two will evaluate how expensive does each Bitcoin will be, and these two also will be depends upon what or how workers or miners here will performed, of course if the people were productive the price will fluctuate , and we must also consider the fact that season affects this so much, just like a fruit we shouldn't harvest it at the wrong time for it to be sold in the market.
The most wanted system is to generate the mining process through which new coins can be prepared but the whole depend on Bitcoin is the demand and supply of people. The more the demand is increasing the price demand graph goes straight ad some times linear but very rarely. Bitcoin will be popular and more popular if the factors affecting it treat on a good hand.

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April 30, 2018, 08:28:37 AM
 #132

you can also add the popularity of bitcoin gained thru medias and mainstream media outfit, that play a big part why bitcoin is rapidly growing across the globe, and also the competition of ICO and alt coins that are swarming the total market share of cryptocurrencies. it all affects the price may it be high or low, it also dictates the present price of bitcoin, and lastly, the growing number of countries that are open to bitcoin legalization.

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April 30, 2018, 08:41:33 AM
 #133

The price of bitcoin depends on many factors. The main reason is the demand of the market. Often, the government releases favorable or negative news, which will have a great impact on the price of bitcoin.

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April 30, 2018, 09:05:23 AM
 #134

Thank god no one mentioned the manipulation of the whales.

This conspiracy theory is in the forum for quite some time now but no one can provide a single evidence that they are really manipulating the market price.

I also saw one topic about the cartel in futures which seems they just want to spread FUD.

The list you provided is actually great, yes Government decision should also be included because as we saw recently, their decisions really affect the price of the Crypto market.

Actually the whales were mentioned by someone above Smiley , but I agree with you that those conspiracy theories have nothing to do with reality. It surprises me how people can believe in such things. Can't they estimate what would it take to perform such manipulations, taking into account that today's trading volume for BTC is $8.5 billion? While trying to manipulate the price with such a big daily trading volume it is possible to lose $100-$200 million in one day if something goes not as planned. No one would risk such an amount, nor Bitcoin whales, nor fiat billionaires, no one.

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April 30, 2018, 09:21:03 AM
 #135

Thank god no one mentioned the manipulation of the whales.

This conspiracy theory is in the forum for quite some time now but no one can provide a single evidence that they are really manipulating the market price.

I also saw one topic about the cartel in futures which seems they just want to spread FUD.

The list you provided is actually great, yes Government decision should also be included because as we saw recently, their decisions really affect the price of the Crypto market.

Actually the whales were mentioned by someone above Smiley , but I agree with you that those conspiracy theories have nothing to do with reality. It surprises me how people can believe in such things. Can't they estimate what would it take to perform such manipulations, taking into account that today's trading volume for BTC is $8.5 billion? While trying to manipulate the price with such a big daily trading volume it is possible to lose $100-$200 million in one day if something goes not as planned. No one would risk such an amount, nor Bitcoin whales, nor fiat billionaires, no one.
Maybe you are right, and it's impossible to influence the price of bitcoin even to a group of people with huge capital, but how to understand the situation that was in December when the cost of bitcoin reached 20,000 dollars in such a short time, and that after a new year such a long decrease, or is it all an Asian new year?))

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April 30, 2018, 02:28:52 PM
 #136

All of those enumerated factors all boils down to one, the law of supply and demand. People will be reacting based on the current events, based on the hype or speculations whatever actions they may take will directly impact the law of supply and demand. Every market not just in cryptos has this major principle, everything in economics simply goes around that principle, so what ever reason you can think of that will have an effect on supply and demand, would be a factor to consider in the prices of everything around you including Bitcoins.

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May 01, 2018, 09:06:28 AM
 #137

Thank god no one mentioned the manipulation of the whales.

This conspiracy theory is in the forum for quite some time now but no one can provide a single evidence that they are really manipulating the market price.

I also saw one topic about the cartel in futures which seems they just want to spread FUD.

The list you provided is actually great, yes Government decision should also be included because as we saw recently, their decisions really affect the price of the Crypto market.

Actually the whales were mentioned by someone above Smiley , but I agree with you that those conspiracy theories have nothing to do with reality. It surprises me how people can believe in such things. Can't they estimate what would it take to perform such manipulations, taking into account that today's trading volume for BTC is $8.5 billion? While trying to manipulate the price with such a big daily trading volume it is possible to lose $100-$200 million in one day if something goes not as planned. No one would risk such an amount, nor Bitcoin whales, nor fiat billionaires, no one.
Maybe you are right, and it's impossible to influence the price of bitcoin even to a group of people with huge capital, but how to understand the situation that was in December when the cost of bitcoin reached 20,000 dollars in such a short time, and that after a new year such a long decrease, or is it all an Asian new year?))

I think I can explain that. Bitcoin didn't just rise from nothing to $20k in December. It had been rising gradually during the whole year from $900 in January 2017 to $9,000 in November. Around September, when Bitcoin was $3,600 (4 times rise from January) many people realized that Bitcoin is a good investment and started investing in it and thus the price started to rise at a fast pace. But since most of the new investors weren't experts in the field they believed the FUD and started selling their coins fearing that they may end up with nothing. It was a typical panic selling performed by regular people, not by whales.

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May 01, 2018, 01:14:55 PM
 #138

I think the main reason why the price changes are the news that we are seeing about bitcoin and other cryptocurrencies because this type of market are more vulnerable to the fundamental rather than technical so we should focus on the news more often compared to technical because with the fundamental then we can easily play with the market along the way.

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May 01, 2018, 01:40:58 PM
 #139

What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read:

1. Bitcoin supply and increasing/decreasing demand
2. Bitcoin in news: Influence of media on garnering negative and positive publicity
3.Bitcoin users and developers influence the rise and fall of price.
4.New technological changes to Bitcoin

For discussion for the above mentioned. You can check this link: https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894

How about you? can you add more factor that can affect the price of the bitcoin? Comment below.

There is one thing I know that affect the price of Bitcoin and even altcoins. That is the supply and demand factor. The more the supply there is the lower the price it can be and vice versa. So for investors who think for a long term investment, holding your coins is a good idea because it can help lessen the supply of cryptocurrency which can affect the price hike of it.

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May 03, 2018, 01:44:02 PM
 #140

What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read:

1. Bitcoin supply and increasing/decreasing demand
2. Bitcoin in news: Influence of media on garnering negative and positive publicity
3.Bitcoin users and developers influence the rise and fall of price.
4.New technological changes to Bitcoin

For discussion for the above mentioned. You can check this link: https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894

How about you? can you add more factor that can affect the price of the bitcoin? Comment below.

Actually, points 1-3 are heavily demand and supply related. If a buyer is willing to pay for a coin then that will be it's price. Media concerns (ie banning of bitcoin in a country) then the people living in that country will sell their coin, increasing the supply therefore plummeting prices. Lastly is tthe 4th one. New technological changes are done at the beginning of a fiscal year hence the price drop every new year.  What's the lesson here? Hold on to your coins

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