Ferrokeys
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July 07, 2018, 02:09:54 AM |
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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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futile-resistance
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July 07, 2018, 05:50:43 AM |
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Hey guys, i need some suggestions and opinions about this.
The first to be wise cause a great mind, but we should be great to become one who has worked for the market will bear Stearns and technology, I do believe that they are so I create a money prize as the future. Cause I support the future of cryptocurrency. Cause bitcoin can be bad, the market will be great to see you have it These are the reasons backed by economic logic why do they affect the price of Bitcoin. Anything that lowers the demand lowers the price. SO if we talk about the fake news and people calling Bitcoin, we see that it actually reduces the demand and hence prices. Price manipulators and Whales can also exercise the fluctuation of the values. Countries banning Bitcoin actually decreases the demand and hence shift the curve backward which affects the price. |
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sana54210
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"CoinPoker.com"
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July 07, 2018, 07:16:53 AM |
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The factors are mainly due to the demand at a particular period. Also contributing is fear of uncertainty and doubt.
Decline in demand cause the fall because with decline in demand, the prices also fall. This is a perfect competition assumption and the demand curve in this case in perfectly price elastic. Besides, certain exogenous factors can also depreciate the price of the crypto in the market. If we talk about the ban on the technology, the regulations and the concept of tax implementation in the crypto, they all decrease the price dramatically because less people are ready to invest in assets with high risk. |
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Fappanu
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July 07, 2018, 07:29:17 AM |
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The first is Demand
If many people invest in bitcoin sure the price will increase.
And if selling a lot will drop the price of bitcoin.
So now we see the fluctuating price of bitcoin is because of that demand.
Another is the whales who manipulate the price!
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TheGreatPython
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July 07, 2018, 09:56:27 AM |
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Hey guys, i need some suggestions and opinions about this.
The first to be wise cause a great mind, but we should be great to become one who has worked for the market will bear Stearns and technology, I do believe that they are so I create a money prize as the future. Cause I support the future of cryptocurrency. Cause bitcoin can be bad, the market will be great to see you have it Now the current price is 6.5k dollar so it improved from 6.3k dollar which was the value recorded yesterday. Today we are with a new value which is 6.5k dollar and this is a good increase at this stage and may continue in the upcoming days. For this rise the demand factor is responsible and indicating that the increase in demand rate the price increased today. |
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kive2k
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July 07, 2018, 10:07:10 AM |
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I think one of the most important factors that possibly affect the value of bitcoin is its popularity and demand for it, just as the owners of a large number of bitcoins can influence the price.
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feinter
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July 07, 2018, 10:24:05 AM |
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I think one of the most important factors that possibly affect the value of bitcoin is its popularity and demand for it, just as the owners of a large number of bitcoins can influence the price.
Everything moves so quickly, words and opinions have significant and immediate effects on the price of Bitcoin.If a major news source reports that the price of Bitcoin is headed upward, investors rush to buy BTC, which then causes the price to move upward. |
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embargo
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July 07, 2018, 12:21:46 PM |
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The value of bitcoin depends on many factors - on the situation in the financial market, on the security of the invested capital in the crypto currency, on the purchasing power of the bitcoin itself. And of course from rumors that can either raise or lower the price on panic or optimism.
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repzaj
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July 07, 2018, 12:46:26 PM |
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Hey guys, i need some suggestions and opinions about this.
The value of bitcoin that influence are: news social media policies government etc. that is the reason why bitcoin market affects the prices |
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GideonGono
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July 07, 2018, 03:08:46 PM |
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Hey guys, i need some suggestions and opinions about this.
For my perspective one of the factors that typically affects bitcoin is the fake news that soaring across the internet , and affecting the emotion and state of mind of every individual or users of bitcoin , and that leads to panicking and the bitcoin volatility , we can't blame those people , but if we can just help them i think that's a better solution , but then again always bitcoin is volatile. And i think that's why bitcoin is so special and unique than other currency. |
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Kamote29
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July 07, 2018, 03:12:06 PM |
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There may be several factors that affect the value of this bitcoin example such as positive and negative reporting, banning or endorsement in some countries, if often in negative news then the price of this bitcoin will go down and also the bitcoin price is determined by the supply of bitcoin available.
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viyumztf
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July 07, 2018, 03:28:23 PM |
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The price of bitcoin is guided by the market, and the number of new investors is the most direct factor affecting the price of bitcoin.
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Sier86
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X-Block.io
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July 07, 2018, 03:51:01 PM |
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Main factor that affects price of bitcoin is that its overhyped! Bitcoin do not give people anything special, it is only for manipulations, so value was pumped and now it will dump to its real value...and its couls be even less then 1k for 1 btc
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X-Block.io
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yunzau
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July 07, 2018, 04:08:55 PM |
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yes the factors that affect the value of bitcoin one of them negative issues and bitcoin scam websites under the guise of investment.
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Magkirap
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★Bitvest.io★ Play Plinko or Invest!
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July 07, 2018, 04:21:24 PM |
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Hey guys, i need some suggestions and opinions about this.
The main factor that affects the price of bitcoin is the limited and fluctuation of supply and demand on market. I think also the news affect the price simply because that news will caught their attentions and they will probably invest on bitcoin. Lastly, I think the number of people who buy or invest on bitcoin is also a factor. |
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zhjxhtvb
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July 07, 2018, 07:16:40 PM |
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The policies of those big countries have a very big impact on the price of bitcoin, which can not be ignored.
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Popov_popov
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July 07, 2018, 07:41:49 PM |
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The most important value is the belief in the future of bitcoin. The more people invest in bitcoin, the stronger it becomes.
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fredo123
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July 07, 2018, 10:29:53 PM |
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Hey guys, i need some suggestions and opinions about this.
Demand is ultimately set by the number of buyers and the amount they are willing to invest is a function of the current price compared with their expectation of its price trajectory and the volatility of the price. A factor is the availability of local retail brokers from whom buyers can obtain bitcoins. The number of brokers depends on the profitability of the enterprise of brokering which is in turn affected by the number of possible customers or buyers. |
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IMAR
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July 07, 2018, 10:48:02 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?
Your absolutely right. Even in any investment opportunities, all of this factors will always affect the decision of the investor, seller, buyer. May it be in stocks, forex, etc. The biggest part of this in cryptocurrency are the news going around the policies of certain countries. Well, you just have to do your own due diligence to take care of your decision. |
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Sled
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July 08, 2018, 02:24:48 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?
Your absolutely right. Even in any investment opportunities, all of this factors will always affect the decision of the investor, seller, buyer. May it be in stocks, forex, etc. The biggest part of this in cryptocurrency are the news going around the policies of certain countries. Well, you just have to do your own due diligence to take care of your decision. News are indeed the huge factor why the price or value of bitcoin is changing because people are easily getting affected by those things because news can just dictate the demand of a coin from being a good stabilize price to a panic selling scenario where people tend to sell because they don't want to get stuck to that coin. |
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