Mundo12
Newbie
Offline
Activity: 114
Merit: 0
|
|
August 25, 2018, 02:41:37 PM |
|
Many analysts believe that the Bitcoin ETF on CBOE could push the biggest coin price up to $ 50,000. That's a real number, when you consider Bitcoin supplies. However, the decline has led to a decrease in Bitcoin prices
|
|
|
|
zolfa
Member
Offline
Activity: 518
Merit: 11
|
|
August 25, 2018, 03:24:42 PM |
|
I think challengers make mistakes, they will feel happy when the crypto market is weak, but when the crypto market is strong, the crypto and bitcoin worlds will make it weak and regret.
Bitcoin systems work by using the blockchain system, which stores millions of transactions, each hash or block has a code that must be solved by miners.
|
|
|
|
CrazeCoinz
Member
Offline
Activity: 364
Merit: 10
|
|
September 04, 2018, 11:43:34 AM |
|
The price of bitcoin is now slowly climbing up and hopes that this will continue to move closer to $8k in few weeks. Maybe we can see a $12k for this year and then continue a bull run for next year. More demands will make the price rise higher as we hope a good news will come to ignite the market into bullish.
|
|
|
|
regadly
Newbie
Offline
Activity: 79
Merit: 0
|
|
September 04, 2018, 12:29:52 PM |
|
I believe the growth is affected by the first need for a digital currency, for the digital economy. The second crisis and the bubble in Fiat currency.
|
|
|
|
BitcoinPanther
|
|
September 04, 2018, 02:57:14 PM |
|
How does bitcoin works? Allow me to start with the basics.
A lot of other digital cash projects were launched prior bitcoin became a success. But bitcoin was able to solve one important factor that everyone is afraid of, the double spending. The guarantee that no one can send the same amount to two or more people was only solved by bitcoin through peer consensus.
It was at this point that bitcoin was able to bring in the much needed confidence to allow a truly digital cash system to surface.
And that's how and why bitcoin works.
|
|
|
|
bitcoindusts
|
|
September 04, 2018, 03:48:57 PM |
|
As for the price dependencies, I believe this is purely controlled by the news--wether good or bad.
One can never rule out the effect of news (good or bad) when it comes to bitcoin. As much as we i want the price of bitcoin be ruled by market activities, there is a significant amount of influence that mass media dictates on bitcoin's price, just as much as any investing instrument experiences. Speculation will always be an intrinsic part of bitcoin, our trust and interest will always flactuate depending on the crips and quality of the news revolving around our favored cryptocurrency. Though i believe that the time will come that no news can affect the strength of bitcoin in the coming years. Soon we will see how steady bitcoin can become as it provides us with reliable technology and system of payment.
|
_____ /|_||_\`.__ ( _ _ _\ =`-(_)--(_)-'
|
|
|
maxman190
|
|
September 15, 2018, 10:24:26 AM |
|
Influence on bitcoin is provided by the main miners, they control when to grow or when to fall down, after which they buy or resell it.
|
|
|
|
s31joemhar
|
|
September 17, 2018, 03:06:08 PM |
|
There are many factors that are affecting the BTC's price. One of these factors is the hodling system. As far as I know holding such of BTC or other cryptocurrency in the market lets the price increase at its supplies was too small and the demand is high. It is the nature of the economy, once the supply was limited and the demand is high automatically the price of a particular matter will increase.
|
|
|
|
Salloystic
Newbie
Offline
Activity: 219
Merit: 0
|
|
September 17, 2018, 03:36:13 PM |
|
I think bitcoin is an example of capitalist system of market in which the forces of demand and supply control it's price. When there is high demand of it the market the market price will rise, while the price will be low when supply is high
|
|
|
|
deppil
|
|
September 29, 2018, 02:22:26 AM |
|
As for the price dependencies, I believe this is purely controlled by the news--wether good or bad.
One can never rule out the effect of news (good or bad) when it comes to bitcoin. As much as we i want the price of bitcoin be ruled by market activities, there is a significant amount of influence that mass media dictates on bitcoin's price, just as much as any investing instrument experiences. Speculation will always be an intrinsic part of bitcoin, our trust and interest will always flactuate depending on the crips and quality of the news revolving around our favored cryptocurrency. Though i believe that the time will come that no news can affect the strength of bitcoin in the coming years. Soon we will see how steady bitcoin can become as it provides us with reliable technology and system of payment. nope because demand and supply depend on how the action is on its users and as long as news, issues and speculation still affect the choice of users and investors. then that aspect will continue to influence to the bitcoin market. it is impossible for a market not to be affected by any aspect
|
|
|
|
napi
Member
Offline
Activity: 350
Merit: 10
|
|
September 29, 2018, 07:51:01 AM |
|
the way bitcoin works, I think it may depend on the total supply and depending on the number of platforms that start accepting payments using bitcoin, when payments start using a lot of bitcoin, the price can be very expensive.
|
|
|
|
tailwate07
|
|
October 02, 2018, 08:19:29 AM |
|
As for the price dependencies, I believe this is purely controlled by the news--wether good or bad.
One can never rule out the effect of news (good or bad) when it comes to bitcoin. As much as we i want the price of bitcoin be ruled by market activities, there is a significant amount of influence that mass media dictates on bitcoin's price, just as much as any investing instrument experiences. Speculation will always be an intrinsic part of bitcoin, our trust and interest will always flactuate depending on the crips and quality of the news revolving around our favored cryptocurrency. Though i believe that the time will come that no news can affect the strength of bitcoin in the coming years. Soon we will see how steady bitcoin can become as it provides us with reliable technology and system of payment. nope because demand and supply depend on how the action is on its users and as long as news, issues and speculation still affect the choice of users and investors. then that aspect will continue to influence to the bitcoin market. it is impossible for a market not to be affected by any aspect Bitcoin works better than fiat currency and all the other crypto coins but it depends upon the interest of country, people and their government. If they want to get benefit of the Bitcoin then it will result better than any other currency just like Germany is getting benefit as payment mode, investment source as well as payment of loans using by banks. They are using it for the betterment of country.
|
|
|
|
darewaller
|
|
October 02, 2018, 08:44:25 PM |
|
Bitcoin works better than fiat currency and all the other crypto coins but it depends upon the interest of country, people and their government. If they want to get benefit of the Bitcoin then it will result better than any other currency just like Germany is getting benefit as payment mode, investment source as well as payment of loans using by banks. They are using it for the betterment of country.
Bitcoin works in supply and demand clearly. When there are more people wanting to buy than people that wants to sell the price of bitcoin goes up. When there are more people who wants to sell than people who wants to buy the price goes down. These keep happening until the amount of people who wants to sell and people who wants to buy goes head to head at which time the price stabilizes a bit (couple percent moves at most). This means if you want bitcoin to go up than you need to make people want to buy and not sell, which is FOMO (fear of missing out) people buy stuff they think they will make money.
|
|
|
|
basyang
|
|
October 03, 2018, 12:53:46 PM |
|
Few technologies have the ability to stir passionate online debate and baffle the vast majority of the population as bitcoin. The virtual currency rocketed in value last year before crashing during the first quarter of 2018, and possibly proving the naysayers right.
But in recent weeks the price has begun rising again. Although it remains well below its peak of $20,000, it has shown steady gains to reach more than $8000 sparking a fresh surge in interest.
Bitcoin has a big impact on the market. Demand and supply are really importants. Demands on coins it is a desire to buy more coins, tokens and others while the supply is we need a enough coins and tokens to continues the process. Personally, I know that the affect of bitcoin price is because of buying of bitcoin when its low and selling when the price is high.
|
|
|
|
zazarb
Legendary
Offline
Activity: 3472
Merit: 1548
Get loan in just five minutes goo.gl/8WMW6n
|
|
October 05, 2018, 11:20:38 AM |
|
Influence on bitcoin is provided by the main miners, they control when to grow or when to fall down, after which they buy or resell it.
I do not agree that miners controls this market and that it is up to them, when the price rises or when to fall down. Because their goal is to earn as much as many, so it is important for them that the price is as high and stable as possible. Therefore, if they had the biggest impact, the price would not be so low now.
|
|
|
|
|