Pasnik
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June 03, 2018, 02:45:49 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.
Yes the demand and supply affects also the value of bitcoin. We may add the fuds and false news really affects the falling of bitcoin price. However, during this falling of price we may opt to buy and hold long term.
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fernando48
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June 03, 2018, 03:01:13 PM |
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The fundamental factor that determines the price of bitcoin is the cost of mining. News only moves the price of bitcoin within certain limits
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Swenna
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June 03, 2018, 04:03:04 PM |
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Based on my experiences and facts that I have gathered while learning cryptocurrency, there are lots of factors that affects not only bitcoin and cryptocurrency but other currencies and stocks as well. Here are the following:
1. Economy (country or nation's economy) 2. technological advancements (especially in cryptocurrency, if the project releases the actual product or its latest development, there is an actual pump and price surge) 3. market acceptance (the people and the market are the customers therefore if people view them as positive, good price will come) 4. level of competition (there are so many competitors in the market that's why product development is important) 5. government relations (this one is important since it dictates the regulations and legality of a cryptocurrency) 6. community (community drives the support of any crypto/currency)
and a lot more such as current news/affairs about cryptocurrency, etc.
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BulbaLord
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June 03, 2018, 04:25:29 PM |
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Hey guys, i need some suggestions and opinions about this.
in my opinion there are several factors that affect the value of bitcoin. 1. is FUD can cause panic seeling which will decrease the price of bitcoin. And 2nd is because investors lost thier trust on bitcoin is a big affect the value of bitcoin
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Faxmate
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June 03, 2018, 04:32:55 PM |
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Hey guys, i need some suggestions and opinions about this.
There is one reason which affect Bitcoin's price is that buying-selling. So, if everybody will sell their Bitcoin, the price can go zero. Or if most trader will buy Bitcoin, price can be pump. Yes buying and sell of bitcoin is the most effecting factor of bitcoin, as when most of people use to sell their bitcoin at panic then price of bitcoin falls and when high amount of people buy bitcoin at high price then automatically price of bitcoin gets high, o think supply and demand are those factors which effects the price of bitcoin.
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ChConcept
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June 03, 2018, 04:34:24 PM |
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The main factor is the demand and interest of the people on Bitcoin. Once the demand and interest of the people are high then the value is going up and same goes when the demand and interest of the people is low, then the value is going down. That is why FUDs and false news are affecting it because it those things can affect the interest of the people on Bitcoin, that is why it is not really advisable to take actions based on emotions because you may create more damage than a solution, example panic selling.
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andibcoin
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June 03, 2018, 04:37:30 PM |
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The main factor is the demand and interest of the people on Bitcoin. Once the demand and interest of the people are high then the value is going up and same goes when the demand and interest of the people is low, then the value is going down. That is why FUDs and false news are affecting it because it those things can affect the interest of the people on Bitcoin, that is why it is not really advisable to take actions based on emotions because you may create more damage than a solution, example panic selling.
behind rise and down demand interest there is important news.if it's news good for bitcoin , demand interest will increase in market.but if fud's coming , it can make selling interest increasing.and make price goes down.
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yoseph
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June 03, 2018, 06:02:44 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.
Apart from the supply and demand relationships that seems to affect every investment, News whether bad or good has been a factor that eventually determines the value of bitcoins.
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virarara
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June 03, 2018, 06:22:01 PM |
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Factors that affect bitcoin in my opinion are the increasing or decreasing number of bitcoin enthusiasts, and the attitude of investors and owners of bitcoin when they see bitcoin prices fall (between panic or remain patient), then positive and negative news about bitcoin in the world, and the response of each country against bitcoin.
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PatronRH
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June 03, 2018, 06:22:27 PM |
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The only thing that affetcts bitcoins value us the demand and supply factor but that itself is affrcted by various causes such as political decisions, environmental factors crises etc...
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cryptodreem
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June 04, 2018, 05:12:39 AM |
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I think the main reason that affect the price of bitcoin is fake news. Fake news makes the investors afraid of the price fall and other things for which they are selling the coins in loss instead of holding and it affects the market.
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babaya
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June 04, 2018, 05:32:41 AM |
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I think the main reason that affect the price of bitcoin is fake news. Fake news makes the investors afraid of the price fall and other things for which they are selling the coins in loss instead of holding and it affects the market.
not all of them are fake news dude.especially about legalization from goverment.they really want to bann bitcoin and other cryptocurrency at the moment.but now on some of them begin to accept.
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Lalafell
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June 04, 2018, 08:22:16 AM |
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Hey guys, i need some suggestions and opinions about this.
There are many factors that can affect the price of bitcoin and it always change because of being volatile. In addition to that, I think the main factor is the fluctuation of supply and demand on online market. Second is the number of people who buy or invest on bitcoin. Lastly, just hold your bitcoin whatever the price of it because it will really help you to make more income.
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Betwrong
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June 04, 2018, 10:01:52 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. I would ignore your meaningless reply if there was no negativity towards Bitcoin in it, but now I can't do that. Can you please elaborate two things? 1. What negative issues Bitcoin is facing now in your opinion? 2. How did you manage to receive 40 merits for a reply as meaningless as this one? https://bitcointalk.org/index.php?topic=2843724.msg30201856#msg30201856This is a bit off topic and I 'm sorry for that, but I suspect that you belong to a chain of merit abusers. Please stop doing these dishonorable actions as soon as possible. Start educating yourself, learn English, learn about crypto currencies, learn other useful things in order to share them with others. Try to make this forum better with your participation. Good luck!
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LogitechMouse
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June 04, 2018, 10:19:31 AM |
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For me, I think these are the factors that affects bitcoin's price.
1. Speculations - Yes especially if a popular persons who speculated the price of bitcoin, there is a chance that it will increase in the future and vice versa. If we see Person X saying that "Bitcoin will reach 50,000$ in 2019", tendency is there are some who will buy bitcoin and will hold it for easy profits although there are some who doesn't react with the speculation.
2. Online News - Example of these are FUD's. People tend to react fast when they see a bad news in bitcoin because they know that it will crash if a FUD is spread across the internet. I think its not the only FUD's are considered news but there are also good news. These can affect the price not only bitcoin but any coins.
3. Whales - Although this is not sure, there are many people saying that there are whales manipulating bitcoin but nobody knows who are they.
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renggileh
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June 04, 2018, 10:20:29 AM |
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First of all the fake news about bitcoin which is made by peoples affected it.Due to that news people do not buy bitcoin and protect themselves by avoiding it.one of the major affect is government laws and policies.such type of factors affects the value of bitcoin.
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muratdur
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June 04, 2018, 10:22:30 AM |
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Oh, they are so many! The news, fake news, bears and bulls. Government, whales. Almost a butterfly effect, so just be patient and flexible
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budiarmed
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June 04, 2018, 10:48:58 AM |
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Hey guys, i need some suggestions and opinions about this.
Bitcoin prices are based on market demand and supply, and news reports in circulation, be it positive news or negative news can affect bitcoin prices.
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kisscoin
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June 04, 2018, 11:11:59 AM |
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The main factor on any exchange is the news release. Gone are the negative financial news, people are starting to sell, the price-falls. Others see this fall and begin to throw off their coins, so as not to burn.. chain reaction! In this case, the main thing is not to panic and watch as a boa, waiting for the best moment!
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BitGunner
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June 04, 2018, 11:12:13 AM |
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I think that the most important factor that influences the value of bitcoin price is its great popularity. the fact that it is wanted by everyone. The high demand always influences the supply but i m not sure that the number of coins will increase much as it is limited
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