Reagan_alvaro
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July 03, 2018, 03:08:52 PM |
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The attitude of the government and the law to Bitcoin has a great influence on this.
Hacking (hacking), although this is not a definitive factor, once Bitcoin is stolen, especially at a certain exchange, many Bitcoin players lose confidence in Bitcoin and form a sell-off.
There's a big factor that affect to the bitcoin price if people are lack of knowledge through cryptocurrency and they really don't believe that the bitcoin will never be crash. Panic selling is one of the factors that affect to the bitcoin price. They do panic selling because they are afraid that the bitcoin will going to crash. The negative news and FUD that poisoned the mind of the people to do panic selling and dumping the bitcoin price. For me, the factors that affects the value of bitcoin is determined by the demand and supply by the investors. The continuous threats of hackers of bitcoin will definetely change it's value in the market. I think highlighted is the emergence of new competitors, the pointer other way cryptocurrency new injected into the cryptomarket, will not be a long time when bitcoin will have a competitor serious and may affect the value. but until then bitcoin still a cryptocurrency best of the most important is the policies and the law of the government. many government not buy the whole idea of the reasons bitcoin because he is discouraging value for money paper, so they try to make a policy that affect the market. |
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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hsyncl
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July 03, 2018, 04:45:30 PM |
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The market is really impressed because of the people who are in the market right now. People panic and listen to the stories of buyers and sellers and get away from making new investments.
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fonenumba
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July 04, 2018, 12:36:08 PM |
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To my opinion, one of the main factors affecting the price of bitcoin is the supply-demand ratio. As in the market of other goods, if the supply remains constant, and the demand increases, then the prices for the goods grow. Similarly, the increase in demand for cryptocurrencies increases their prices, and as supply increases and demand decreases, prices decrease.
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I Like Bitcoin
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July 04, 2018, 12:58:49 PM |
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In many ways, the price depends on the market capitalization. The more people who want to buy, the higher the price.
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Chienna
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July 04, 2018, 01:18:35 PM |
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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.
In my own opinion, the factors that can affect the value of bitcoin is the competitors (if have) because we all know that in a business it is the main hindrance in our success. And also the second factors that affects the value of bitcoin is the negative news about it that spread along the countries. If they know about the negative thoughts about bitcoin some of the users will become concious and the trust of them from the bitcoin become less. The third that affects the value of bitcoin is, misinterpretation of some issues of bitcoin like someone said that bitcoin is scam something like that. |
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piter_wip12592
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July 04, 2018, 01:29:13 PM |
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In the past time the value of bitcoin has gone down quite a lot. And I think there are two implications for this market. - first of all, tourism. - secondly, worcup.  |
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Chanock
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July 04, 2018, 02:33:09 PM |
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Hey guys, i need some suggestions and opinions about this.
The main factors that can affect the price movement is the demanf and supply. Aslo, panic selling can contribute of price dump in the market that cause of price movement. There are many considiration in the price movement of bitcoin and it is up to you understand or interpret it. 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.
In my own opinion, the factors that can affect the value of bitcoin is the competitors (if have) because we all know that in a business it is the main hindrance in our success. And also the second factors that affects the value of bitcoin is the negative news about it that spread along the countries. If they know about the negative thoughts about bitcoin some of the users will become concious and the trust of them from the bitcoin become less. The third that affects the value of bitcoin is, misinterpretation of some issues of bitcoin like someone said that bitcoin is scam something like that. Yes!you have a right point for that. I agree for that the other cause of price movement is compition between the holders and users. |
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Dbigfoot102
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July 04, 2018, 03:31:05 PM |
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The volume of bitcoin is the measure of how valuable it will be. This signifies usage of bitcoin. The more usage the higher the price will be. These is the main reason for the volatility of bitcoin. Because when price is high the more traders will sell their tokens creating lesser demands. Other contributing factors are also pushing bitcoin to the edge like government regulations, FUD due to scams and many other reasons all leading to the change in its price.
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GokeVN
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July 05, 2018, 02:31:34 AM |
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One of the most important factors is the relationship between supply and demand. In the last few months, there has been no big money to enter the market, so it is clear that the market has been falling.
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Shadon24
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July 05, 2018, 03:12:31 AM |
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Factors that affect the bitcoin are the number of transactions, if the amount of transactions and the positive will affect the digital currency and vice versa, they will have an impact on the supply and demand of the house invest
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carcas
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July 05, 2018, 03:25:04 AM |
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Factors affecting bitcoin prices are enthusiasts of the bitcoin. they will keep the value of the bitcoin. the more that sells bitcoin the effect is the declining value of the bitcoin.
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celakkenyang
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July 05, 2018, 04:09:23 AM |
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bad news and hackers greatly affect the value of bitcoin and altcoin in the crypto market. we can not avoid it when the crypto market is decreasing but to prevent it by holding assets we have to keep crypto prices steady in the future.
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Frob1992
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July 05, 2018, 04:51:32 AM |
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there are many elements that affect the fee cost of bitcoin and one in every of that is the simple supply and demand factor, many have accused that the whales are contributing this price fee of the marketplace to volatility of the altcoins , because if the whales that has a big capital of bitcoin investment after they dump their bitcoin then there may be so much supply of coin in marketplace and this makes the price down, due to the fact there are a whole lot of deliver in the coin market.
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Gyfts
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July 05, 2018, 05:01:50 AM |
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Surprisingly a lot of people haven't really mentioned local stock markets of countries, specifically the US. If the US stock market tanks that'll send the global economy into shambles and would have some sort of effect on crypto's across the board. FUD and negative news coverage only goes so far and remains isolated in affecting Bitcoin's price. Maybe a couple of years ago, but now a days BTC is fairly main stream and a few bad news stories aren't going to do anything.
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Harpawan
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July 05, 2018, 05:05:20 AM |
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Large investors can affect the value of bitcoin, because if you are a big investor, you have a chance to manipulate bitcoin values. But once big investors can cancel their investment, bitcoin prices will go down. And you can add more investment.
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Tirexico
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July 05, 2018, 05:09:07 AM |
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very many factors that affect the value of bitcoin. especially supply and demand. other than that a negative issue factor about bitcoin news, if bitcoin is a fraud or price manipulation. or global economic factors such as the decline in the value of the dollar against foreign currency denomination.
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Crystal24
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July 05, 2018, 06:10:43 AM |
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There are so many factors affecting the price of bitcoin, some of which are: negative news, volatility nature of bitcoin itself, price manipulation etc
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jmvzlfyg
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July 06, 2018, 08:02:19 PM |
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A large consortium with strong funds has great influence on the price of the special currency, which will promote the investment sentiment of the market.
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ofelia25
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July 06, 2018, 08:49:17 PM |
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A large consortium with strong funds has great influence on the price of the special currency, which will promote the investment sentiment of the market.
Besides that we as an individual whether we are just user, investor, trader we are all responsible on it that is why we should be able to make ways for us to learn things here and to have faith in bitcoin not to just take it for granted. |
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Rrotess
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July 07, 2018, 12:50:50 AM |
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Factors that influence the value of the bitcoin:
1) government bitcoin policies and laws
2) political situation
3) social trends
4) appearance of new competitors
5) artificial influence on the value by trading at the crypto market
6) news (not always true one)
and many more. Could be something new will appear in the future. Did I miss anything?
Another reason maybe is the psychological factors which will lead to a misinterpretation of some issues or news around the world. Could be the negative issues that they heard about bitcoin. |
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