Factor to Consider

[Golftech]

we all agree that there are many factors influencing the price of bitcoin, but I believe that most have already realized that the main factor affecting prices are good and bad news, a negative news is enough to make the price fall much and every market is in the red.

Because of never ending failure of those people who invested with this asset without knowing the risk, yes there's a big factors about the news and its really moving the price to go up or down, as people always getting panic in each time that there's news that will bring impact to the value of certain project, better to deal with this and always be ready and wise to gain even in the red days inside the exchange.

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[wozzek23]

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 , 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?))

This is all about the game of whales. These are group of persons with heavy investment in the market. They can be grouped together and have such big potential to up and down the market. These whales have been deciding since the December of last year not to increase the price and hence see the market that is just revolving around a specific amount. They can use their power to do anything.

[koleskok]

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.

[BitHodler]

These whales have been deciding since the December of last year not to increase the price and hence see the market that is just revolving around a specific amount. They can use their power to do anything.

Whales are good at what they do, but they don't completely rule the market as you think they do. They'll only start dumping when they think the time has come and there is no more room for further increases.

In case of last year it was pretty obvious that the market wouldn't make it past the $20,000 mark, which they used as an opportunity to liquidate their holdings. After that people went nuts and kept selling the market down.

Only in the last weeks before the push back to the $10,000 mark it was pretty obvious that whales were accumulating and artificially kept the price below a certain range, and when they were done, current levels are the result.

That obvious manipulation should have been used as an opportunity by non whales to do the exact same thing.

[sharnel18]

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.

Well,some factors may caused the bitcoin price either going down or getting higher,and the regulatory from the government also has a big influence of their supply and demands that may control to its value,then more users could lose their profit.

[Tigorss]

it is advisable to consider the stock exchange's liquidity. The term liquidity refers to the ability to sell assets without significantly influenced prices, which in turn causes the price to fall.

[gandhe83]

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.

I think so. Price change is due to news to the community is unclear and not yet professional. As most markets do, advertising and information transfer to the community is very important. However, when joined then of course there must be skills and knowledge. To achieve this goal in the market.

[Sir Cross]

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 , 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?))

This is all about the game of whales. These are group of persons with heavy investment in the market. They can be grouped together and have such big potential to up and down the market. These whales have been deciding since the December of last year not to increase the price and hence see the market that is just revolving around a specific amount. They can use their power to do anything.

I agree that whales have great power and influence over the market and prices, but these whales don't have unlimited power. It's even possible where a dump won't have any effect to the market. It's not every time when whales make a dump that the market follows. The market is sometimes stubborn and hard to influence even if whales do have huge amounts of coin within their disposal.

[SearchingforS]

I feel like I can't agree more. Those factors are pretty simple, but they contain other ones, like the influence of whales etc. I think that the main factor is the community and its influence on crypto because it's very powerful.

[jeronimosuykens]

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.

I think these conspiracy theories have nothing to do with reality.
It amazes me how people can believe in such things.
People are always frightened when news comes in that will affect the value of some projects,
Better to deal with this and always ready and wise to reach even in the red days inside the exchange.
Only then can we achieve our goal and gain market share.

[Koenraad Lange]

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.

Bitcoin prices are easy to change due to several factors, including:
1. Volume is still small    2. Supply and demand     3. Good and Bad News   4. Fraud and crime

[binhvo1505]

We dont need to learn too much about bitcoin technology. We just need to understand the psychology of the market. Bitcoin prices seem to be regulated by whales and that is happening every day. If we have a good hunch, we will easily make money in this market. No need to have too much knowledge, just understanding.

[joebrook]

I feel like I can't agree more. Those factors are pretty simple, but they contain other ones, like the influence of whales etc. I think that the main factor is the community and its influence on crypto because it's very powerful.

The big whales have a huge influence on what happens to the price of Bitcoins as well, they can dump their coins which leads to value going way too down.

[South Park]

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?

I agree with this, it took a lot of time for people to understand the mechanics of the supply and demand but we have finally understood it, and all the factors that affect the price fall in one or in both of those categories, right now the price of bitcoin is down because the demand is nowhere close as it was at the end of December 2017 and until the demand grows to that level again bitcoin is going to remain at the current price.

[sunsilk]

We dont need to learn too much about bitcoin technology. We just need to understand the psychology of the market. Bitcoin prices seem to be regulated by whales and that is happening every day. If we have a good hunch, we will easily make money in this market. No need to have too much knowledge, just understanding.

Having understanding is perfect on what the market goes through but learning about blockchain technology is also helpful for individuals to understand on what technology bitcoin is working one.

Most of the recent investors have this mindset and I'm not against with it but its a plus if you have the basics of the tech itself. This is why bitcoin would remain the strongest and this caught the attention of many corporations. There's no bitcoin if there's no blockchain and adoption of the tech is also a factor that can be considered which is increasing.

[mostkey]

responding to factor number 4. I think this is the most influencing price of bitcoin, because with the increasing number of technologies being adopted in the bitcoin payment or calling system, this will definitely increase the number of interested bitcoin, which will be followed by the number of requests and it is confirmed will have a huge influence on the market

[realcrypto]

Another thing that can be added to your list of factors that can influence growth of bitcoin price is good, innovative blockchain connected project that will use bitcoin as the cryptocurrency for purchasing the token that will use in the platform. When there is good project it will attract investors to buy bitcoin in order to use it and participate in the ICO and it will directly take the price of bitcoin higher.

[feehannah]

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.

You are right ,a lot of factors to consider that can affect the value of bitcoin but in all of that factors it always ends on demand and supply in the market. Always the flow of demand and supply affect the changes of value not only in bitcoin but also to all that has a value in the market.

[boled]

I think that's enough. but to be honest I often feel played by the market. More precisely by users who have a lot of capital. News doesn't always go hand in hand with prices.

[spongegar]

Actually it is heavily on supply and demand of bitcoin or any crypto currency when it comes to the question of price and volatility. But there are alot of factors that could affect supply and demand. Advertising, disasters and wars are some of the few but the fact still remains, there is only one reason for the price and that's supply and demand.