Factors that affects the value of bitcoin...

[nicster551]

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

One of the most commonly basis of price changes is the law of demand and supply. Maybe some of you heard about this, it was taught in college, its the basic law in economics. Demand and Supply has inverse relationship. Example if a supply of one cryptocurrency or bitcoin has been going to low, and the demand of it becomes higher, then the price of the cryptocurrency will technically grow. Its the basics. You can also research to know more.

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[MAJICOIN]

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

A very major and critical factor is the news related to bitcoin and other crypto and then the crypto price and value now a days change with it. Bad news is very painful for the crypto market and due to this the currencies become very cheap in value.

[wtbhitlv]

The most important factor should be supply and demand. Only when demand is more, the value of bitcoin will be greater.

[rainezerr]

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

In my own opinion, fud is the biggest factor why the prices of bitcoins or other cryptocurrencies are decreasing, let say there is an article that is against upon the growth of cryptocurrency and everybody agree's on it then the out come will be dumping of prices in the market.

[slyfox]

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.

I really  do not think we are going to see bitcoin forks that can affect the price of bitcoin significantly like what we saw some months ago, there will be opportunistic people trying to create a fork to make money but the time has passed and now there is not any interest from most people to invest in those useless forks, even the most powerful fork bitcoin cash is losing relevance and when the lightning network gets activated bitcoin cash will lose its reason to exist.

[Lonthe]

The biggest factor that most influential is the trust of users and investors, if users are confident with the future bitcoin and they continue to buy without ever selling it will automatically make bitcoin value continues to increase.

[coinluisa]

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

The factor that can affect bitcoins value is huge panic selling because of that it will cause a huge dropping too. Many people are panicking when they heard a fud news that cause of dumping in the market.

[mkhadazz]

the factors that affect the value of bitcoin are from very limited total supply and from very high demand because of the higher bitcoin demand the bitcoin price will become very expensive, while currently many news in the media can also trigger the bitcoin price movement.

[Ramtapsbtc]

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

A very major and critical factor is the news related to bitcoin and other crypto and then the crypto price and value now a days change with it. Bad news is very painful for the crypto market and due to this the currencies become very cheap in value.

Agree, negative news about cryptocurrency absolutely will affect the market since many weak hands out there are going to sell their portfolio and as a result the supply in the market will increase while demand is low, so expect a drop in the prices of most cryptocurrencies.

[Markettoken]

I think that affect the bitcoin value is the news about bitcoin itself if bad news is widely circulated then go down the value bitcoinnya and if good news circulating and profitable it is certain bitcoin will be invaded enthusiasts with limited amount of bitcoin if bitcoin continue in the search then not maybe again if the bitcoin price will continue to soar

[iMark]

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

First it is the social media. Small investors follow on this trend and believe easily on social media. When a popular entity exclaimed something unwanted about bitcoin, it decreases.

Second I think, are the whales. They are a manipulator and they control the market. They have huge amount on their hands and we, the small fishes don't have any idea what is on there mind right now.

Third is innovation so as the demand increase the supply decreases and also the price is starting to rise.

actually there are many factors that will affect the price in the market, and many factors including what you say, social media is very influential because there are many potential users and there are many ads about crypto in social media, manipulation may also occur, but we do not know whether this change is manipulation or not

[Siakol]

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

In my own opinion, the only factor that can affect the price of bitcoins in the market in a very hard way is fud because sometimes there are bad news that is spreading on a country which changes the mind set of every trader to sell their coins more than holding it.

I agree with you, since the media is talking about the end of bitcoin, it greatly affects the mind of the investors and other community that supports bitcoin, they didnt know the fact that bitcoin has always been like that since the beginning.

[King money]

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.

I think there are a lot of scammers out there who use bitcoin as their presentation that's why people do not trust bitcoin for this reason.
I think one factor that could affect bitcoin prices is bad news or FUD who can sell their bitcoin because they think that bitcoin prices will go down and another factor is there are some groups of pumps and dumps that can manipulate bitcoin values

[rose8963]

The price follows the law of demand and hence the price you see in the market is the price that is the average of seller's asking and buyer's bid price. You might not see the same price even on two exchanges of the same country due to the various prices of the buyers and sellers on that particular exchange. Second thing is government or politician in a country. If an government ban bitcoin in their country then the negative effect of this also show on the price of Bitcoin

[Miracleismyidol]

They have got this huge and drastic impact, for that we are calling them whales. They wouldn’t be called as whales if they’re like other people who are waiting for others to change the prices of bitcoins. No doubt that the reason that you have given which affect the price of BTCs are all true and the major one between them is the demand of BTCs

[yesss]

The buying and selling in the market place basically affects the value of bitcoin. Others may include the popularity of the product and its stability.

Well, there can be many reason that can influence or affect bitcoin's value. Among all the news I think the investors who invest without the patience and sell them in low rate, makes a great affect on the price. The price of bitcoin is based on the supply and demand relationship. If the demand is high then the price of new bitcoin can increase. But when demand drops, the price of bitcoin will decrease. But the most important thing is the news

[Maddinson100]

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

I think something that really affects bitcoin is the demand and government policy about bitcoin itself, because in every country the policy is different.
and that affect the value of the next bitcoin is a medium that gives a vague word of truth that makes bitcoin holders and investors panicked. those things are influential

To some extent you are right but don’t you think we have an immense impact over the prices of bitcoin. This will ultimately make us the factors who have got such enormous effect of positive or negative vibes over this world of bitcoin. Like now, if whales make the market down for one moment, we would start losing our hearts and hence it is all becoming down to the earth and seized to death.

[sergei1703]

now a lot of all sorts of coins, but they are not close enough to bitcoin. I think the price for the New Year will again soar very strongly. We are waiting for new investors and forecast a price of $ 20,000

[Ranly123]

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

The factors that I know which affect the value of Bitcoin is the law of supply and demand. Whenever there are people dumping their stocks, the price of Bitcoin will start to drop due to abundant supply. Yet when people hodl Bitcoin and stop selling for a period of time, then that would be the time that bitcoins price will go higher.

[Arlette Foxsparkle]

There are many factors that can affects cryptocurrency especially bitcoin price. On this factor is when the bigger investors sell their cryptos when they feel uncomfortable to hold their bitcoin with a long time period because of dropping down the price. So that even smaller investors  would fanic because of this event.