Rooster101
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June 03, 2018, 07:42:03 AM |
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Hey guys, i need some suggestions and opinions about this.
All negative factors like the hacking of major cryptocurrency exchanges, government crackdowns, criticism from influential people, FUDs, dumpers and panic sellers brings down the value of bitcoin. News of regulations can also make a negative impact on the price of bitcoin and many countries are reported planning to impose it. On the positive side, bitcoin react with rising price on every development that support it.
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damgdas
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June 03, 2018, 07:50:38 AM |
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Market acceptance is the biggest factor affecting the value of bitcoin, such as when amazon said it was accepted, or when the United States and China said it was legal.
Of course, it will also fall, such as the days when several major trading websites are lost.
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Betwrong
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June 03, 2018, 08:54:36 AM |
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Hey guys, i need some suggestions and opinions about this.
All negative factors like the hacking of major cryptocurrency exchanges, government crackdowns, criticism from influential people, FUDs, dumpers and panic sellers brings down the value of bitcoin. News of regulations can also make a negative impact on the price of bitcoin and many countries are reported planning to impose it. On the positive side, bitcoin react with rising price on every development that support it. Most of the time when people see the word "regulations" they presume something negative while it is not necessarily the case. Imo most of the regulations which will be implemented in the future will create a better environment for cryptocurrencies in general. It is already obvious that there is no future without crypto and most government officials are not so stupid to be unaware of that. There is a difference between "news of upcoming regulations" and the regulations themselves when they are implemented. And while the former affects the price of BTC negatively because people tend to prepare for the worst, the latter can have a positive impact being good news.
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chikading2016
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June 03, 2018, 09:57:43 AM |
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Hey guys, i need some suggestions and opinions about this.
All negative factors like the hacking of major cryptocurrency exchanges, government crackdowns, criticism from influential people, FUDs, dumpers and panic sellers brings down the value of bitcoin. News of regulations can also make a negative impact on the price of bitcoin and many countries are reported planning to impose it. On the positive side, bitcoin react with rising price on every development that support it. Most of the time when people see the word "regulations" they presume something negative while it is not necessarily the case. Imo most of the regulations which will be implemented in the future will create a better environment for cryptocurrencies in general. It is already obvious that there is no future without crypto and most government officials are not so stupid to be unaware of that. There is a difference between "news of upcoming regulations" and the regulations themselves when they are implemented. And while the former affects the price of BTC negatively because people tend to prepare for the worst, the latter can have a positive impact being good news. I think the factors that affect the volume of the investors that cause dropping of the bitcoin price is the negative issue. Some investors lost thier trust on bitcoin because the bitcoin is now really facing some negative issue it can really leads all to dump their coin for assurance.
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denny27
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June 03, 2018, 10:13:29 AM |
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i need some suggestions and opinions about this.
I just want to say especially as about the news that affects it, try from some news you try to infer from the news you know from some sources/informs. In addition., we must also really know its progress from time to time such as interest/trust of course, but btw., I'm dare to ensure that it will last longer and would be higher despite fluctuations from time to time.
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viananda2525
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June 03, 2018, 10:15:15 AM |
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Hey guys, i need some suggestions and opinions about this.
All negative factors like the hacking of major cryptocurrency exchanges, government crackdowns, criticism from influential people, FUDs, dumpers and panic sellers brings down the value of bitcoin. News of regulations can also make a negative impact on the price of bitcoin and many countries are reported planning to impose it. On the positive side, bitcoin react with rising price on every development that support it. Most of the time when people see the word "regulations" they presume something negative while it is not necessarily the case. Imo most of the regulations which will be implemented in the future will create a better environment for cryptocurrencies in general. It is already obvious that there is no future without crypto and most government officials are not so stupid to be unaware of that. There is a difference between "news of upcoming regulations" and the regulations themselves when they are implemented. And while the former affects the price of BTC negatively because people tend to prepare for the worst, the latter can have a positive impact being good news. I think the factors that affect the volume of the investors that cause dropping of the bitcoin price is the negative issue. Some investors lost thier trust on bitcoin because the bitcoin is now really facing some negative issue it can really leads all to dump their coin for assurance. negative issue and worries about exchange or wallet hacked could be main reasoin that effect on bitcoin price.people prefer take safety action to avoid loss their money.they withdraw asset in wallet and sell it for while until no more negative issue about hacking.
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harrypot
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June 03, 2018, 10:46:50 AM |
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peope are investing huge amount of money here some people are gaining more than that which we all want. but the problem is, not everyone is aware about FUD's. people believe in this made up newses which couses panic in peoples mind. and that leads to wrong decisions. in my eyes FUDs effect badly in the market.
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Nissan-GTR
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June 03, 2018, 10:58:22 AM |
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Hey guys, i need some suggestions and opinions about this.
Well, the value of Bitcoin depreciate because of several things, and some of those were the lesser amount of the investments occur during these days, hoarding of the people of their tokens, as well as the lesser times that the ICO and project teams pay their workers for the certain service that they have committed and specially the panic selling which we are all guilty about, it contributes a lot given that the bid list were stay at the same low amount.
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Lorence.xD
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June 03, 2018, 11:07:50 AM |
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according to my personal observations, the most affecting the price of bitcoin is the media, information. if the media preach bad about bitcoin then bitcoin will go down. and vice versa.
That's correct. Tweets from famous people, leaked information, FUD (like the one about a ban in Korea). We're lacking real investigative journalism, one that doesn't follow news without confirming. Every crypto news site wants to be the first and publishes information based on hearsay and info copied from other sites. People are so afraid of crypto being squashed by governments that they're overreacting every time FUD gets published. We are already in such a face of overreaction and mark my words, if BTC goes below 6000 USD it's going to be a parade of suicidal crybabies on the forum again. The factors that would affect the price value of Bitcoin in the trading market are a lot more issues, like the issue on the Banned, Scammer, and the persistent issue on Regulation specifically just like what was in the news now, Indian Government just announce that they will look into the possible regulation of Bitcoin and imposed taxes on any transaction on it, stability on the price posted on market, level of confidence of the investors, and a lot more, good news or bad news, all of this might affect the Bitcoin price at any given time. last but not the least are the movement of investment.
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IamSaitama
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June 03, 2018, 11:15:43 AM |
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There are a few factors that affect the value of bitcoin. First is the demand of the bitcoin. It is said that bitcoin have a limited supply then its price would mainly depend on the demand of the people using it. When people sell the coins they own, the supply of coins would increase decreasing its price and demand. Another factor that affects its value is the legality of bitcoin in a certain country. Banning this coin would decrease its demand which also decreases its value.
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0t3p0t
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June 03, 2018, 11:23:52 AM |
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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.
Well said mate. This is really what will gonna happen if there is FUD and scammers. Volatility of cryptocurrency depends on it's community and investors so movements of prices will follow as long as there is such thing as that. One possible thing is that investors keep on buying Bitcoin and that is how scarcity works and will make the price skyrocket to the moon. That is why we need to keep calm and buy Bitcoin.
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Lpim01
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June 03, 2018, 12:43:36 PM |
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Fuds and scammers seemingly we won't have any chances to throw them away from crypto. Accepting that they are part of the community and its up to us how to manage our own emotions due to market change.
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hsyncl
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June 03, 2018, 12:54:59 PM |
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Bitcoin's value is definitely determined by its investors. Especially large investors in the market have great influence in determining the price.
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pandanaran
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June 03, 2018, 01:16:45 PM |
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Hey guys, i need some suggestions and opinions about this.
I think there are many factors that affect the value of bitcoin eg volume and the user itself, why the user? because we know that bitcoin prices are set by demand, for example whales I'm sure if there is whales prices will surely follow the movement of whales is either down or up. Trader speculation, the role of expert cryptocurrency in analyzing what happens to bitcoin also greatly affects the value of a crypto.
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Cynooza
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June 03, 2018, 01:18:09 PM |
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I think that the factor which still keeps Bitcoin at a leading position is it's level of decentralization. As far as it's being mined gradually a lot funds got distributed amongst people who believe in bitcoin ideologiacally (cryptoanarchists and libertarians) who can resist suppression attempts from corporations.
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Tan_avia)vl.
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June 03, 2018, 01:21:56 PM |
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In my opinion, the most important factor-it gives out, that still to visit all have bought Bitcoin or gives, that it specially restrain, what-gives out waiting. To visit is sure that from the usual users that-gives depends in the value of Bitcoin.
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w33man
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June 03, 2018, 02:03:31 PM |
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Hey guys, i need some suggestions and opinions about this.
The market value of bitcoin depends on the market demand and there are a lot of factors affecting the market demand. A simple FUD can cause panic seeling which will decrease the price. On the other hand, bitcoin conference, events and good news affects the price in a good way.
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fishball
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June 03, 2018, 02:05:10 PM |
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Hey guys, i need some suggestions and opinions about this.
I think, the most prominent contributing factors that can affect the value of bitcoin are the users themselves. If people want it, then the demand will increase which can also generate the increase in price of bitcoin.
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tlqewcwf
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June 03, 2018, 02:07:54 PM |
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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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lester04
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June 03, 2018, 02:27:48 PM |
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Hey guys, i need some suggestions and opinions about this.
Due of many hodlers dumped their bitcoins cause there are many negative issues and fake news that bitcoin will end its existence and one of the reason bitcoin that affects btc price btc is depending on the law of supply and demand so basically when many hodlers dump their btc bitcoin will decreased so vice versa bitcoin price will increase when hodlers keep btc hold cause btc is getting rare.
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