about the price of cryptocurrency

[Hans17]

I am newbie just know bitcoin and cryptocurrency 5 months ago whether other cryptocurrency besides bitcoin can compete with current bitcoin value or value and what only bitcoin can be the leader of this cryptocurrency and what is the alignment of a cryptocurrency currency that the price becomes very high

Depend on supply and demand, when the people want more demand the more supply it become, so basically the highest price , the highest will be the pay or tax.

And in addition, the market is very volatile that is very very unpredictable, because we all know that we don't have just one bitcoin or crypto currency , we have tons of them. So basically all of them compete and making the market very volatile. And i think that's where the price became up and down.

[Small_Man_Big_Thoughts]

the price of cryptocurrency has a very difficult movement to predict, you must be sure and the price of cryptocurrency does not have a leader, the price movement is purely from the influence of buyers and sellers in the exchange place, the more people demand, the price will be very expensive.

Yeah it is right when more and more people demand for bitcoin and the investment cap increases the price will also go up. But nobody can say what will be the price at the end of this year. More than 99% predictions about bitcoin price become wrong and the facts are against those predictions. That’s the reason that I never believe in predictions.

[LSt56]

the price of cryptocurrency has a very difficult movement to predict, you must be sure and the price of cryptocurrency does not have a leader, the price movement is purely from the influence of buyers and sellers in the exchange place, the more people demand, the price will be very expensive.

Yeah it is right when more and more people demand for bitcoin and the investment cap increases the price will also go up. But nobody can say what will be the price at the end of this year. More than 99% predictions about bitcoin price become wrong and the facts are against those predictions. That’s the reason that I never believe in predictions.

actually predictions are only predictions, some opinions that someone says for the future. Although we have worked very hard to analyze and read some information circulating, no one knows exactly what will happen in the future. So, in essence, we can believe with a number of predictions, but don't hold it too much.

[eann014]

I am newbie just know bitcoin and cryptocurrency 5 months ago whether other cryptocurrency besides bitcoin can compete with current bitcoin value or value and what only bitcoin can be the leader of this cryptocurrency and what is the alignment of a cryptocurrency currency that the price becomes very high

It is really hard to understand your question but as I have understood it, I think you are asking about the stand of bitcoin in all cryptocurrencies because you said that bitcoin can be the leader of these cryptocurrencies, which is bitcoin is really the mother of all coins. In my opinion, other cryptos are relying to bitcoin, and when bitcoin drops its price, others will also drop.

[batang_bitcoin]

Cryptocurrency now is good.  i'm a newbie too. so if your have experience sharing me please. thank you

What you really want to know? if there's something that you want to ask, go directly to Beginners & Help.

For bitcoin related Speculations, go to Speculation. You can also read back with what the people said on this thread regarding their experiences.

[Keyboard PC]

Cryptocurrency prices a few months ago could experience a huge increase in prices because there might be good news but now the cryptocurrency price falls and is likely due to the influence of bad news that makes traders panic and makes market prices fall.

[Harley29]

There are many cryptocurrencies that has a potential to compete with bitcoin like ethereum, litecoin, bitcoincash etc. You can see it in coinmarketcap.

I don’t believe this. No other cryptocurrency can compete with bitcoin. I know there are many good and promising coins but there is no comparison with bitcoin. Bitcoin is far better than other currencies and is still number one crypto in the market. The market value of bitcoin is still on top and it is a fact that bitcoin will remain on top for the rest of the world.

Strongly agree with you mate, bitcoin has history which is unbeatable, for now in this age there are a lot of coins but still we will have to be very choosy to get the best among all them, and in this regard I think bitcoin is best as it has no other competition, it is the mother of all other coins and first crypto currency ever, rise and fall is nature of bitcoin which gives more opportunities of making money by apply the only rule, buy low and sell high.

[hahay]

So far I don't think altcoins can compete with the price of bitcoin. Yes, bitcoin is the leader of cryptocurrency so it's no wonder why the price of bitcoin is so high compared to other crypto. The price of bitcoin moves on demand, so the more people invest in bitcoin, then the higher the price will be because demand is increasing.

[mkhadazz]

Bitcoin prices in the past month experienced a tremendous increase, which is probably because bitcoin has very high demand, thus making the price conditions expensive and currently there is only bad news trying to destroy the price of bitcoin.

[Evil eye]

The crypto value never stays fixed. It is worth the price like the other product in the market. The crypto price was much higher at the end of 2017 and early 2018. But when we look at the market at this time, the crypto price is very low. And this is normal. But there is nothing to tension. Hopefully the price will rise again very soon.

[sirohige]

This cryptocurrency price will never be able to predict, cryptocurrency price movements must have different prices from time to time, a few months ago the price of cryptocurrency fell due to bad news and the influence of panicked traders so that cryptocurrency is difficult to predict.

[maydna]

This cryptocurrency price will never be able to predict, cryptocurrency price movements must have different prices from time to time, a few months ago the price of cryptocurrency fell due to bad news and the influence of panicked traders so that cryptocurrency is difficult to predict.

Yes, besides that, cryptocurrency has a different trend every year. The price will always change from time to time, sometimes all coins are up, sometimes all coins is down, and it always happens like that. But in the cryptocurrency, bitcoin will still lead the market, and I don't think that any coins can compete with bitcoin price. Altcoin only following with bitcoin and adjust the price from bitcoin price. The weak of altcoin will disappear because they cannot compete with the other altcoin.

[btc_angela]

This cryptocurrency price will never be able to predict, cryptocurrency price movements must have different prices from time to time, a few months ago the price of cryptocurrency fell due to bad news and the influence of panicked traders so that cryptocurrency is difficult to predict.

I think we already know it by now. Crypto is really different from the rest of the market because its very unstable and unpredictable. In matter of minutes, prices goes up and down. But its not bad at all, majority take advantage of it, going arbitrage or day trading. So then consumed ourselves of makings predictions, as long as you take the time to observed how the price is moving that day then its all good, just saying.

[milesfull]

Bitcoin predictions for 2019 guys?

[Sekhmetaladin]

Ari Paul, chief investment officer at BlockTower Capital, predicts Bitcoin will trade at $ 4,000 or $ 30,000 this year.
Many analysts say the price of Bitcoin will rise further, believing that investors will continue to bet on the possibility of higher prices after the split. At each split point, Bitcoin investors will receive the corresponding amount of new split currency.
"In 2018 there will be more splits of Bitcoin copper than in 2017. The splits will be like catalysts that increase prices in the short term, although this can cause problems in the long term," the house Graham's analysis of Canaccord.
Still, Bitcoin still faces many challenges, including rising transaction costs and slower transaction speeds.

[yonjitsu]

Am i reading without even making a breathe? Well as i try to read back your post, i think you are pointing out where does other cryptos are basing their prices because you might wonder why they fall down when bitcoin crashes too. Actually, alt coins are bind to bitcoin's price so that's the reason why they almost have identical price movement as depicted on the graph.

[martina14]

The price of the tokens/coins in the market is depending on the demand from the people.
Bitcoin and other alternative cryptocurrency has no stable price as long as the demand gets in or out.
There will be some who will have no value in the market as they can't go along with the movement of demand.

[iv4n]

The price of the tokens/coins in the market is depending on the demand from the people.
Bitcoin and other alternative cryptocurrency has no stable price as long as the demand gets in or out.
There will be some who will have no value in the market as they can't go along with the movement of demand.

It's like you said, price depends from demand from the people, but demand is nothing without supply. When price is floating that means that both supply and demand are moving. We can't expect price to be stable when we have so many people who are trading, they affect situation on the market mostly.
What is movement if demand, it have just two directions up or down, what affect people to be interested in bitcoin or not? Not just people, companies, countries. The thing is that interest is rising, that's a trend, but there are moments when panic selling affect supply to go extremely high and demand even if it stay the same price will go down. Every market has good and bad times, crypto markets isn't deferent, in the end people drives it with their actions.

[xi_vii]

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[putrii]

the price of cryptocurrency in the past 5 months was very high and at the moment the price of cryptocurrency fell to very cheap prices, the price of this bitcoin could again become more expensive when demand began to increase again, because the price movement of bitcoin depends on demand.