Factors that affects the value of bitcoin...

[Cosbycoin]

For me, one of the factor that affects the value of bitcoin is the false informations that social media created regarding bitcoin. These may affect those potential investors who wants to invest in bitcoin.

There are so many which can disturbed the market easily and any external shock is likely to affect the prices of Bitcoin as well. Be it the government restriction to the currency in so many countries in Asia and Middle East that resulted in a huge fall in the value last year.

The market demand can also potentially reduce the price level. Rumors normally backed by low experience are also harmful and can refrain people from investing in crypto.

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[Rhaizan]

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

Fake news, hacks and illegal activities are the reasons why people are losing their trust and interest in bitcoin that is why the value gets low.
Another one is the government regulation in bitcoin. When a government imposes a ban or restriction on the Bitcoin use, there is a big change in the price.
Popularity and benefits given by bitcoin are the factors that makes the value goes up.

Yeah fake news can really affect the value of bitcoin because if many people who invest in bitcoin believe in the fake news they will easily sell their bitcoin even though they can lost it.

[Sled]

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

Fake news, hacks and illegal activities are the reasons why people are losing their trust and interest in bitcoin that is why the value gets low.
Another one is the government regulation in bitcoin. When a government imposes a ban or restriction on the Bitcoin use, there is a big change in the price.
Popularity and benefits given by bitcoin are the factors that makes the value goes up.

Yeah fake news can really affect the value of bitcoin because if many people who invest in bitcoin believe in the fake news they will easily sell their bitcoin even though they can lost it.

Fake news and FUDs are really trap for the holders of bitcoin and for the investors because it is the only way for them to lose money and it is their obligation if they are going to believe to the news or not because it is better for them to do research and background testing to verify if it is really true and if it is worth it to sell their coin because of the news.

[Wintersoldier]

The number one factor that could affect the changes in terms of price of Bitcoin is the market. It's stocks or volume is dependent to the changes of price where the higher the demand in volume the more people would trade on Bitcoin. And support is the secondary factor for the possibility of the development of Bitcoin and other cryptocurrency.

[DeadCoin]

There are so many false news spread about bitcoin this makes people get panic and affect the bitcoin price. Another reason is big whales are manipulating the market  makes price becomes low. But soon the market will recover. Now many countries banned bitcoin makes people afraid to buy or sell. They get confused to invest on butcoin. This makes market more volatile.

[KingdomHearts]

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.

Now days the market value of Bitcoin is very low as compared to its own average price but it has the potential to recover soon so let’s discuss further. Demand of people for the Bitcoin is the major factor responsible for the ups and downs of Bitcoin and we can say that this time the buying rate is low and the demand rate is high but people do not want to sell as they will lose money. Besides all these things market will soon recover as we know in the past Bitcoin recovered many times.

[Jamescur]

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.

[19spawnfeed]

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.

[SingAlong]

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

There are some possible reasons that affects the the value of bitcoin. First is the mass media where fake news are spreading against bitcoin that can result a threat or bring scared to trust in bitcoin and also the government policies can affect to because people will not use this system and they will no trust it so the value will fall because the demand will also fall according to o demand and supply law.

[kidd07]

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.

[Lorna111]

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.

A lot of factors that may influence the price value of Bitcoin on the market. FUD, Market Volatility, fundamentals, market status, behavior of investors during the market trading, the volume of investment put in by the investors at any given time, and the never ending on the issue of Banned, Scammer, and the issue on Regulation by government financial institution. this are just a few of possible indicators that may influence the price market movement.

[mornabo]

Many factors affect the price of bitcoin but the major one is bad news or wrong speculation. Governmernment policies and intentions to control and regulate Bitcoin. Take for instance Indian central bank that instructed all the banks in India stop transaction of all cryptocurrencies. Oversupply or surplus bitcoin in the market etc

you are right, there are many things that affect the crypto market, and one of the speculations made by some popes, or news from the media, still remember that how news about the ban on crypto usage in the media is so influential on the market that the market drops deeply

[supercanada1]

Hacks are the most common factor to blame that affect bitcoin.  A lot of investors lose confidence in the market and the trust in exchanges and it's very hard to make them come back. Because in one exchange, hackers can take millions of dollars to dump the price of bitcoin easily.

That is a valid point and we just cannot deny the threat that is posed to the technology by hacking. Also many exogenous and endogenous factors affect the prices like suppose country banns Bitcoin, the demand will fall sharply and so will the prices. Also the early loss by some newbie can reduce the demand for Bitcoin among his friend circle which can result in price falling but this is a very minor effect and can be ignored. Selling in red market do the same.

[Best Dreams]

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.

Yes lack of knowledge makes people think negative which decrease the people who are investing in bitcoin because they think it is just a scam or maybe some of them thinks that bitcoin will keep on falling so they sell at panic, and panic selling is the main cause of falling price of bitcoin, high supply and low demand also effects the price of bitcoin.

[Keyboard PC]

I think the factor that affects the bitcoin price is from the more difficult it is to get bitcoin bitcoin prices will become very expensive, the higher bitcoin demand will make the bitcoin very rare and difficult to obtain.

[Kambal2000]

I think the factor that affects the bitcoin price is from the more difficult it is to get bitcoin bitcoin prices will become very expensive, the higher bitcoin demand will make the bitcoin very rare and difficult to obtain.

Well that would be truth, bitcoin value will really get high in the future, so for me it is not a problem and in fact it is a long term vision of all people and that is to make it high in value, the thing that I am seeing that was causing problem was how people affect by those negative news, I hope we can change each of us perspective towards it.

[gwaps012]

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.

Yes lack of knowledge makes people think negative which decrease the people who are investing in bitcoin because they think it is just a scam or maybe some of them thinks that bitcoin will keep on falling so they sell at panic, and panic selling is the main cause of falling price of bitcoin, high supply and low demand also effects the price of bitcoin.

Agreed, the factors that affect the value of bitcoin is the media and the people behind those speculations, the negative comments of people that make the investors and holders do the panic selling, so the market go down, some of them have done stupidity, It cause the breakdown of market, almost all alts and bitcoin has dip its price.

[Sled]

I think the factor that affects the bitcoin price is from the more difficult it is to get bitcoin bitcoin prices will become very expensive, the higher bitcoin demand will make the bitcoin very rare and difficult to obtain.

Well that would be truth, bitcoin value will really get high in the future, so for me it is not a problem and in fact it is a long term vision of all people and that is to make it high in value, the thing that I am seeing that was causing problem was how people affect by those negative news, I hope we can change each of us perspective towards it.

People and the market overall in terms of cryptocurrency are very vulnerable to the news in the internet and that is the reason why it is better for them to study and research on their own if they are going to believe to those bad news in the internet because that will not give them benefits but only stress because of the FUD.

[jameskarl]

My friend, one of the factors affecting the price of bitcoin and the whole cryptocurrency in general is the law of demand and supply, these is the most common law used and applied and used in the consumption industry or the general market, where this variables are inverse in relationship. If supply is high, and demand is low, then the price is low. The effect is inverse if the other factor is considered.

[lamvu663]

Market rules will eliminate and filter the best for the future