Jessica2009
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June 04, 2018, 11:33:47 AM |
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Bitcoin has broken all predictions by 2017 giving shock to all haters of Bitcoin the price has increased like a sky rocketing that has never happened in history . The hike of bitcoin may be of the high demand and supply shortage that means when the demand is high the price of Bitcoin increases it is because Bitcoin has a limited supply of Bitcoin that is only 21 million of Bitcoins are available . The demand is based on the awareness of Bitcoin ,its popularity and trust in the community .
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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AntonGrishko
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June 04, 2018, 11:50:19 AM |
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Fake news can affect bitcoin's price, when investor hear fake news they will not invest on this project. Ffor this reason demand will decrease and price will also fall down.
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manismanja
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June 04, 2018, 12:48:31 PM |
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the effect of the bitcoin price I see is from the very high demand factor and from the decreasing supply of bitcoin, when both are getting depleted and the more difficult it is to find the expensive bitcoin.
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maculeth
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BountyMarketCap
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June 04, 2018, 12:53:46 PM |
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the most important is supply and demands. when demands on bitcoin are high and bitcoin supply is getting thinner, then price can go up high. but when demands down, the possibility of the price will also decrease.
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NewRanger
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June 04, 2018, 12:57:34 PM |
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the most important is supply and demands. when demands on bitcoin are high and bitcoin supply is getting thinner, then price can go up high. but when demands down, the possibility of the price will also decrease.
behind increasing or decresing supply and demand volume there are many factor that influenced.something link good or bad news will make supply and demand move from equilibrium area.and finally price move up or down.
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Xcode7
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June 04, 2018, 01:00:00 PM |
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Demand is the main factor that makes bitcoin up and down. like now. declining bitcoin prices make people see its potential. the price also decreases sometimes because of the negative things in the news
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@hosimanaka
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June 04, 2018, 01:07:48 PM |
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No one can say exactly why the price of BTC can reduce so, no one can say this in my opinion because the influence of the BTC is quite wide, the market fluctuates based on supply and demand, and on the whole. In the world, a normal person like us can not grasp the economic and political situation around the world to guess the price of BTC.
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stellgod
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June 04, 2018, 07:48:59 PM |
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Bitcoin whales have much influence on BTC price. For example every time someone moves Mt Gox's funds, we see huge cryptocurrency sell off and price drops. Bitcoin still need mass adoption for price stabilization and volatility mitigation.
When it comes to that of the market value of the crypto coin like that of the bitcoin which is the top-rated coin in the entire world, then there comes so many factors which affect the market value of the bitcoin like that of the demand of the bitcoin in the international market, the influence of the ones who have invested a major portion of their earnings into it and above all the awareness rate of the bitcoin.
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PayneCharity
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June 04, 2018, 07:57:04 PM |
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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?
I think that the factors that reduce the bitcoin price have been listed in the list above, but the only reason that bitcoin price reduction is the social trend. As many people sell bitcoins and others will sell bitcoins just like the bitcoin sellers before
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gamalzour
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June 04, 2018, 08:14:37 PM |
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Bitcoin whales have much influence on BTC price. For example every time someone moves Mt Gox's funds, we see huge cryptocurrency sell off and price drops. Bitcoin still need mass adoption for price stabilization and volatility mitigation.
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. These whales are so strong that if they become joint, they can make huge turn overs of selling and buying at different rates and in different times. So better is to hope they don’t let bitcoins down.
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Reid
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June 04, 2018, 08:25:29 PM |
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FUD. It just cannot be stopped normally. They come and then leave. Making a scar to those newbies who will read it who didn't even know it was just FUD. Hopefully, this could end or the new ones will still have that goal to still read more before doubting bitcoin.
Day Trade. It makes a lot of effects in the value of bitcoin. Somehow the traders if was good with foretelling where bitcoin will be then they could score more bitcoin by making a good trade.
Whales. So much have been spread that whales are controlling the bitcoin price. With that kind of rumor other investors will have doubts whether to come in or not.
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kevinfox18
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June 04, 2018, 08:44:05 PM |
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There are certain factors which affetcts the price or value of bitcoin. Specially the supply and demand. When the supply decreases and demand increases, the price rise up and vice versa. Besides, different FUDs are also resposible for this.
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intoy_victor
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June 04, 2018, 09:24:54 PM |
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For my me the factors that can affects the value of bitcoin are;
1. Reading fake or fraud news that can cause to the bitcoin holders to sell quickly even if they lose because they think bitcoin price will go down in short they are panicking.
2. Banning a country not to invest in bitcoin.
3. Victim of fake ads or fake site of bitcoin investment or mining that can distrust bitcoin or misinterpret about bitcoin that they think bitcoin is just a scam only.
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ACVinegar
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June 04, 2018, 09:47:26 PM |
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There's a lot of factors who affects to the value of bitcoin in the crypto currency industry, for example increasing of virtual currency. Due to increasing of crypto's competition in the market were inlarge too and because of that factors the people who supports to bitcoin will transferred to other coins especially if they cannot satisfy to the growth of their investment to the market.
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kayakcrypto
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June 04, 2018, 09:49:56 PM |
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The value of bitcoin is effected by many factors. Any sort of banning on crypto always have a negative effect on bitcoin while all sort of acceptance is a good news. Beside the FUD’s also have a bad effect on crypt . This makes the investors to panic. Finally the big whales also play an important role in influencing the price of bitcoin.
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Jamescur
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June 04, 2018, 10:12:48 PM |
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The price of BTC is affected by the supply and demand relationship! Since BTC has only 21 million roses, the total amount is fixed, and the amount of circulation in the market is variable. People buying BTCs will cause prices to rise, and selling BTCs will cause prices to fall!
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molenracing
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June 04, 2018, 10:13:26 PM |
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I think the thing that most affect the rise and fall of Bitcoin price is News. because the news is what will affect a person's mental investors or Bitcoin traders to buy and sell their coins. Furthermore, the effect on the rise and fall of Bitcoin prices is the supply and demand of Bitcoin. and of course trading activity also influences the rise and fall of Bitcoin prices.
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airdrophunter
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The Exchange for EOS Community
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June 04, 2018, 11:56:22 PM |
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Bitocoin's market price and cap are defined by the demand of people and it's always goes like that. When the demand is high, the price of bitcoin and its market cap will also rise a bit or drastically. Therefore, if the demand of bitcoin is too low, then the price will also drop.
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Hct2005
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June 05, 2018, 12:32:29 AM |
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Hey guys, i need some suggestions and opinions about this.
I think and this is only opinion and observation, bitcoin's price is manipulated by a group of whales because the have the capability to do so. If they want to make the value of bitcoin decrease they will just dump and add supply to market and then boom, price will decrease.
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slyfox
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June 05, 2018, 03:19:40 AM |
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Hey guys, i need some suggestions and opinions about this.
There are many factors that affect the price of bitcoin, for example the media can be very influential, many people talk about the FUD and that is true but the media will do anything to get visitors and clicks and when the price of bitcoin skyrockets we also see many news about the revolutionary nature of bitcoin and how it can change the future.
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