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Author Topic: Factors that affects the value of bitcoin...  (Read 5205 times)
feinter
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June 12, 2018, 09:28:01 AM
 #321

Total Bitcoin and Bitcoin Owners - The total number of exploitable Bitcoins is 21 million BTCs, but they are not available but are exploited over time, which is one of the factors affecting the price of bitcoin.
The majority of traders and analysts have justified the short-term price drop of BTC to the Coinrail hack in South Korea, which led to a $40 million loss.Coinrail is a minor cryptocurrency exchange in South Korea that is utilized by a small portion of investors in the country.
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June 12, 2018, 09:39:48 AM
 #322

I think the thing that most affects bitcoin prices is legality, because legality is proof if something has been received.

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June 12, 2018, 09:45:16 AM
 #323

government policy and public opinion have an effect on bitcoin value. But most importantly high demand is very influential despite bad government opinion and government policy but high interest is not impossible if price will rise
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June 12, 2018, 03:19:37 PM
 #324

For my opinion it consist many facts, but the main are some dumps and pumps that are playing with it, and some economical events in the world
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June 12, 2018, 03:32:33 PM
 #325

There several factors that affects Bitcoin market value such like the factors that affects ethereum and other altcoins dame thing happened to Bitcoin. The factors ranging from whales activities, Government policy against Bitcoin and infavour of Bitcoin, the forces of demand and supply which could be attributed to FUD etc.

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June 12, 2018, 03:45:39 PM
 #326

Hey guys,  i need some suggestions and opinions about this.
I think one of the main factor that affect bitcoin's value is the demand it is gaining from the market wherein the more investors comes to buy bitcoin, the higher its price will be. Another factor I think is the holdings of the investors wherein the more investors holding up their bitcoin, the larger the possibility that its price will decrease since it cannot rotate in the blockchain.

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June 12, 2018, 04:31:14 PM
 #327

Hey guys,  i need some suggestions and opinions about this.
I think the government and those big players are the reason that is why bitcoin value are affected because government discourage people not to enter bitcoin world and other crypto by always spreading negative news and those big players they manipulating the price after sold their coin at the peek price they make FUD to cause panic selling then after a big dump they buy again in cheap price then they will repeat the cycle.
suburban123
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June 12, 2018, 04:48:46 PM
 #328

Hey guys,  i need some suggestions and opinions about this.

The community is the basis of the currency exchange rate. If people refuse to use bitcoins, their intrinsic value will be zero. However, the cost of BTC is 100%, which means that the influence of the social network takes place.
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June 12, 2018, 04:57:32 PM
 #329

I think one of the factors that can affect the bitcoin price is bad news or FUD's that can holders sell their bitcoin because they think that the price of bitcoin will drop and the other factor is there are some group of a pump and dump that can manipulate the value of bitcoin and the other thing is there are many scammers out there that use bitcoin as their presentation that is why people didn't trust bitcoin because of this reason.
that is very correct . and this is what causes new investors to panic and sell their entire investment dikripto. because as we know, on the basis of sales or demand in large quantities enough to affect the price of each coin crypto.
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June 12, 2018, 11:19:39 PM
 #330

The price of BTC has a great relationship with BTC's exposure to news!
When BTC gets more attention, prices may rise!
When BTC is banned by certain countries, the price of BTC will fall!
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June 12, 2018, 11:23:03 PM
 #331

Biggest factor in the the price of BTC or any crypto currency of course is the supply of BTC or any crypto currency. If the supply is high, then the price will dip. Of course there are factors as to why this comes to be. Banning, panic selling and other factors that directly influences the supply in the market.

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June 13, 2018, 06:33:14 PM
 #332

Bad news is a factor that affects bitcoin prices. We can often see negative news about bitcoin in the media.
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June 13, 2018, 06:42:06 PM
 #333

Demand and supply interactions, media, Internet security and regulation.
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June 13, 2018, 06:59:38 PM
 #334

Many factors are affecting the price of Bitcoin, the first of many buyers, as well as more and more investors are interested in to invest in Bitcoin, which in turn people are increasingly enthusiastic to trade on Bitcoin.In my opinion.
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June 14, 2018, 06:30:17 AM
 #335

I believe there are lots of things that affects the price of Bitcoin and the devs too can play a role in controlling the price of Bitcoin and other cryptocurrencies. Just check out Bitcoin and compare it to other cryptocurrencies, you will get to see that it is more volatile then every other cryptocurrencies we have in the market. ETH is less volatile and doesn’t fluctuate much like Bitcoin does. So believe it or not, the devs also plays a role in this.

As for the volatility of Ethereum and Bitcoin, here they are almost the same. Bitcoin is always affected by the news that appears in mass media, by the forks of BTC. Naturally, the whales can manipulate Bitcoin prices.
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June 14, 2018, 06:35:09 AM
 #336

Please manipulations by the giants in the industry cause fear and panic in people like me who are yet to understand the industry very well.By so doing,people will sell cheap out of the fear of losing their income , hence the price of the coin is affected badly.
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June 14, 2018, 08:35:09 AM
 #337

Hey guys,  i need some suggestions and opinions about this.
what I know the consequences of bitcoin falling prices are bad news about cryptocurrency and government policy policies in a conflicting country about Bitcoin and Altcoin
In my opinion, the only thing which matters the most when it comes to that of determining the market value of any of the crypto coin is none other than that of the demand and supply of the coin in the international market and the decision which is being made in term of buying or selling of that coin by the whales who have the major part of investment into that coin. This is the reason why the market value of the crypto coins keeps on changing.
Other than that, of the demand and supply factor, there is one more thing which counts a lot when it comes to that of the deciding the market value of any of the crypto coin and that is the role which is being played by the big whales who have invested a huge amount of their money into different crypto coins. Moreover, the role of government also matters when it comes to that of deciding the market value of the coin.
imstillthebest
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June 14, 2018, 08:48:49 AM
 #338

Please manipulations by the giants in the industry cause fear and panic in people like me who are yet to understand the industry very well.By so doing,people will sell cheap out of the fear of losing their income , hence the price of the coin is affected badly.

yes. manipulation caused by those giant companies and whales are one of the factor that affects the value of bitcoin. another one is panicking caused by these events can also affect the current value of the coins because there are some people will sell thier coins on a cheaper price after theyve read the news regarding on market manipulation.

aside from that , there were still alot of factors that affects the value of bitcoin but we should not get affected to it because  we are the ones who will loose more if ever we started to panic sell.
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June 14, 2018, 10:17:58 AM
 #339

Political risk around national currencies can also affect the price of Bitcoin as people use it to hedge against price movements in a particular currency, or they need to quickly move large amounts of value out a country or currency.
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June 14, 2018, 10:58:00 AM
 #340

Hey guys,  i need some suggestions and opinions about this.



Value of bitcoin is in the line of one direction no factor can affect the value of bitcoin it is only because of INVESTORS, TRADERS and  other types of transaction related to bitcoin. this is not like an ELECTRIC CAR uses supposedly use for the entire country to protect our environment that affect to OIL INDUSTRY.
The most common factor which controls the amount of market outcome which is called the actual price of Bitcoin for buyers is the demand factor. Demand factor is depending on people how they react to the market, if they are taking more interest in the market then the rate of demand will increase and vice versa.

In current market the demand of people is not increasing and this is due to one reason that people invested in high markets and now do not want to sell now however some are selling as they are with less profit.
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