timerland
|
|
April 12, 2018, 08:43:16 AM |
|
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-cfabdf634894How about you? can you add more factor that can affect the price of the bitcoin? Comment below. Most short term price changes come where there is either really positive news or negative news. For example, you could have at one time a government saying that it will ban bitcoin exchanges, which would cause traders to panic sell. On the other hand, if there is some kind of cut in crypto taxes or legalization of crypto payments, price will be positive affected as well. One thing to note is that crypto related news is almost always overreacted to by traders, a lot of people take news at face value without considering if it actually matters. But long term price change is based more on level of adoption, inflation of fiat currency, and the cyclic nature of bitcoin's bull and bear markets. Adoption means more demand, and supply is almost at a constant. And if fiat inflates a lot, it would mean more people buy into BTC as a hedge.
|
|
|
|
|
|
Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
Canis Majoris
Member
Offline
Activity: 126
Merit: 59
|
|
April 12, 2018, 08:39:16 PM |
|
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.
It is not a conspiracy theory, it is a reality, well, sort of, though I agree that the whales are not likely to be manipulating the price in the way most people think. They are just selling huge amounts of bitcoins - like it happened with the Mt. Gox coins, or buying likely as many coins occasionally. Obviously, such deals would lead to severe price swings which could be construed as price manipulation but I don't think it is. They are just doing what we all do, though the impact of their actions is felt by everyone in the market of course.
|
|
|
|
livingfree
|
|
April 12, 2018, 08:59:20 PM |
|
Looks social medias can now affect it, many people who are can share the various things in some social media, whether it's debilitating or pushing, the core is not a particular companies only.. some people write, make video, or share many things related to crypto in social media to influence the reader, the viewer, and certain people.
It goes for the #2 and they are really being used by people who wants to push something. If they want to see a massive dump, they'll publish something which will lead people to panic sell and if they want to see a massive pump, they'll publish a lot of good news about adoption and other positive news that will bring others to invest more money to bitcoin. Government decision should also be included because as we saw recently, their decisions really affect the price of the Crypto market.
This factor should be under #2.
|
| │ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███▀▀▀█████████████████ ███▄▄▄█████████████████ ███████████████████████ ███████████████████████ ███████████████████████ █████████████████████ ███████████████████ ███████████████ ████████████████████████ | ███████████████████████████ ███████████████████████████ ███████████████████████████ █████████▀▀██▀██▀▀█████████ █████████████▄█████████████ ████████▄█████████▄████████ █████████████▄█████████████ █████████████▄█▄███████████ ██████████▀▀█████████████ ██████████▀█▀██████████ ▀███████████████████▀ ▀███████████████▀ █████████████████████████ | | | O F F I C I A L P A R T N E R S ▬▬▬▬▬▬▬▬▬▬ ASTON VILLA FC BURNLEY FC | | | BK8? | | | . ..PLAY NOW.. |
|
|
|
tannerchum
Member
Offline
Activity: 350
Merit: 10
Semi-Decentralized Exchange
|
|
April 12, 2018, 09:00:23 PM |
|
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-cfabdf634894How about you? can you add more factor that can affect the price of the bitcoin? Comment below. Their are many factors that we may consider the demands of bitcoin in everywhere. Those factor may lead into discussiom and can creat a topic which others jump into conclusion about bitcoin supply. Aside from that the usage of bitcoin how it easily circulates and it can use as way of paying in any transactiom will do.
|
|
|
|
destroyer01
Jr. Member
Offline
Activity: 112
Merit: 1
|
|
April 12, 2018, 10:08:13 PM |
|
The current position of bitcoin on the world market carries much more weight than before.More and more countries are now looking forward to regulating bitcoin.For this matter,its price will definitely set new and incredible records this 2018.
|
|
|
|
Apex Investments
Newbie
Offline
Activity: 51
Merit: 0
|
|
April 12, 2018, 10:29:22 PM |
|
Crypto currency in general is highly impacted by adverse news as well as government regulations. Since the market is immature with many smaller investors this tendency is especially pronounced.
One benefit of increased regulation is the arrival of larger investors into the space (Soros, Rockefeller to name a couple).
This should stabilize the market and ultimately lead it higher.
Investors that continue to hold and invest in promising projects should see large returns in this space. There will still be volatility but will likely not be as pronounced as it has been the past month or so.
|
|
|
|
TheClownSong
Sr. Member
Offline
Activity: 1428
Merit: 251
solidtradebank.com | 5%-15% Welcome Bonus
|
|
April 12, 2018, 11:39:45 PM |
|
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-cfabdf634894How about you? can you add more factor that can affect the price of the bitcoin? Comment below. Negative or positive news right now is more affecting on bitcoin price. As we know, bitcoin price recently is because false news. Negative and false news make people start to panic and selling their bitcoin and its more affecting on bitcoin price
|
|
|
|
hualangktsld841
|
|
April 12, 2018, 11:44:57 PM |
|
In addition to the above points, I think there is another important factor affecting the price of bitcoin, that is, the development of the whole encryption community. We all know that last year's bull market had a lot to do with the crazy ICO. It's because ICO has caused a large number of new users to enter the encryption. So I think the increasing number of new users is the key factor to decide bitcoin price. Only new investors can push the community forward.
|
|
|
|
mostcrack
Member
Offline
Activity: 548
Merit: 12
|
|
April 13, 2018, 12:47:12 AM |
|
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 demand2. Bitcoin in news: Influence of media on garnering negative and positive publicity3.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-cfabdf634894How about you? can you add more factor that can affect the price of the bitcoin? Comment below. What you make is representative of the whole, I see very well and what I feel today are two of the four Bitcoin Supply and increase / decrease in demand and The influence of the media in collecting this negative and positive publicity (News) is actually the most influential for me, a lot of negative news that attacked bitcoin from various countries, on the issue of legality and sustained ban, blocking crypto ads and lots of news that should not happen, and the impact of people's panic / community because of the ban in a country or the fear of losing money, in large-scale sales make more bitcoin supply and demand rarely, and booms come down, news affects a person psychologically in response to news and causes panic.
|
|
|
|
KrishaBitcoin
Member
Offline
Activity: 350
Merit: 11
W12 – Blockchain protocol
|
|
April 13, 2018, 01:02:41 AM |
|
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-cfabdf634894How about you? can you add more factor that can affect the price of the bitcoin? Comment below. In addition, the factor of big whales to join the investment to manipulate the Bitcoin price will surely make the price to move. We should accept the fact that the presence of big whales is much needed in order to the Bitcoin price will move thru attracking more investors to invest and making the price to become bigger and strong.
|
|
|
|
yugyug
|
|
April 13, 2018, 01:05:17 AM |
|
The main factor to consider of the bitcoin price is the supply and the demand. We know that the supply is limited and fix but the demand is variable. So this is how the demand plays a big role of bicoin's price but what are the factors to consider to increase the demand and make it more atrractive. These are the things to consider :
1. Resolving Scalability Issue 2. Social, Financial and Politcal Awareness 3. Consumer Friendly Transactions 4. Community Support
|
|
|
|
pinoypersian
Newbie
Offline
Activity: 23
Merit: 0
|
|
April 13, 2018, 01:36:16 AM |
|
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.
Big check. I think whales is a also factor through this cryptocurrency cause. Whales can control the prices of bitcoin whether it will be. When they sell their crypto especially bitcoin. The bitcoin price will be dump. Right? And when they buy it again it started to pump again. Great strategy but we dont have a lot to do about it.
|
|
|
|
slyfox
Member
Offline
Activity: 350
Merit: 10
|
|
April 13, 2018, 03:35:12 AM |
|
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?
When you are making any kind of investment you need to take into consideration not only the current situation of the asset in which you want to invest, you need to take into consideration the future as well, that is why bitcoin has such high value, bitcoin is not accepted in many places yet but there is the potential that it will and it will have a high value as a result.
|
|
|
|
samputin
|
|
April 13, 2018, 05:27:25 AM |
|
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-cfabdf634894How about you? can you add more factor that can affect the price of the bitcoin? Comment below. Furthermore, government regulations may also affect the price of bitcoin because when there are restrictions in using such cryptocurrency, it leads to the drastic change in its value. Then, there also comes the large businesses dumping to fiat currency. There are still people and institutions that do not widely accept bitcoin as a means of transactions or payment. And based on the amount of bitcoins and number of companies selling them, this may cause the so called panic sell, thus resulting to the crash of bitcoin price. With different factors arising that affects bitcoin price, we must understand them well so we wouldn't be that bothered with the fluctuations, which will help us make the right decision at the right time.
|
█▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | . 1xBit.com | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ | | | | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | │ | | │ | | ! |
|
|
|
miltonpogi
Member
Offline
Activity: 245
Merit: 11
Staker.network - POS Smart Contract ETH Token
|
|
April 13, 2018, 01:06:26 PM |
|
Well, based on what I've noticed and seen in many cryptonews the bitcoin price is depends on its limited supply, if the demand of bitcoin has increase its expected that even its price will increase too, due to inverse relation of demand and supply.
|
|
|
|
ExtremeFacials.com
Member
Offline
Activity: 190
Merit: 10
|
|
April 13, 2018, 01:15:28 PM |
|
Interest of mass to it can significantly influence, the only way to stop bitcoin is not be interested in it, so not creating a demand of cryptocurrencies is killing them.
|
|
|
|
keycellko
|
|
April 13, 2018, 01:39:54 PM |
|
For the rise and fall of bitcoin, the factors are 1. Yeah, law of supply and demand. Price up if demand is high and supply is low. Or price down if demand is low and supply is high. 2. Whales. We all know these people control mostly the price of bitcoin. They sell their coins, price goes down. They buy huge amounts, the price goes up. 3. News? Yes. But mostly good news are manipulated by the whales. And bad news are made for by the government and the banks that are against bitcoin. 4. Forks. Yes. The forks are basically updates made by programmers to enhance bitcoin technology. Along with these forks are free coins of the same amount of bitcoins in your wallet (but usually of different value to bitcoin). So people tend to buy more bitcoins so they will have a larger amount of the forked coin.
|
|
|
|
TTITA
|
|
April 13, 2018, 06:22:57 PM |
|
Legal. Government legal action has a big influence on this. Several countries that have declared support for Bitcoin have made the market rise positively while some countries within the banned area of Bitcoin make trading market and miner business in the country hampered. This is crucial to the stability of Bitcoin's demand-supply condition.
|
|
|
|
jonatuzc
|
|
April 15, 2018, 10:20:46 AM |
|
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-cfabdf634894How about you? can you add more factor that can affect the price of the bitcoin? Comment below. The factors mentioned above could affect the price of bitcoin. But if you are to monitor each of them in order for you to predict bitcoin's value, it sometimes may not be possible. Because sometimes the negativity of media will not affect the demand. One of the most important factors is missing from the list. Why there is no mentioning of big whales. They can’t be avoided. In my opinion, these people are they real game changer. The whole digital market depends upon their moves. Whenever, they sell out digital coins, the whole market goes red and this happened recently when bitcoin touched 20k dollars. Lovers love bitcoin regardless of rumors.
|
|
|
|
19spawnfeed
Jr. Member
Offline
Activity: 182
Merit: 4
|
|
April 15, 2018, 02:13:25 PM |
|
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-cfabdf634894How about you? can you add more factor that can affect the price of the bitcoin? Comment below. Being high volatile of the price in bitcoin is the characteristic itself and all of your listed above are absolutely right. The supply and demand on the market, the negative issues coming from the social media, the Bitcoin users and developers influence the rise and fall of price, and the new technological changes to bitcoin. The government wants to manipulate the bitcoin are also considered as a factor of the price of bitcoin being highly volatile.
|
|
|
|
|