joebrook
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July 12, 2018, 08:39:50 PM |
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I think social media often misleads investors, which will have a big impact on the price of bitcoin.
Rumors whether positive or negative are what affects the value of Bitcoins. And now that most people are on social networking sites, Social media greatly affects how a person thinks and react in this world. |
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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orarider
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July 12, 2018, 11:48:26 PM |
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I think the factors affecting the value of Bitcoin are:
1. Supply and Demand rule
2. Media.
3. Changes in politics.
4. Changes in government regulation of countries.
5. Changes in the rules of the Bitcoin Co.
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mboileau
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July 13, 2018, 06:06:35 AM |
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The most important thing that affects bitcoin and can account for many of the reasons why the bitcoin value fluctuates too much is the reason of political constraints and bans on countries, the governmental affairs related to specifically bitcoin is what makes bitcoin adoption and volatility a big deal.
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njnvvmjp
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July 13, 2018, 03:56:44 PM |
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I think hackers and exchanges are often united. Every time bitcoin prices fall, they are related to them.
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itsik78
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July 13, 2018, 04:09:46 PM |
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The factors affecting the price are many:
Economic news,
The activities of large players - investors or speculators,
Informational background
All this can affect both the fall in the rate and the increase
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ChaChaiTL
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July 13, 2018, 04:14:13 PM |
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Bitcoins are affected by the number of people who hold the same amount of bitcoin and how many of those small factors contribute to the economy's development and to the altcoin or bitcoin market. price negotiable
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SubZer0
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July 13, 2018, 04:29:04 PM |
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In short, YOU are what gives Bitcoin value! Just like the mighty dollar, we assign value to it, but the dollar is just ink on paper! Supply & demand, along with the news are 2 of the biggest factors that affect the value of Bitcoin, just like stocks & gold. Don't panic when it looks like the crypto market is going to take a big shark bite out of you because Bitcoin is here to stay and it will only ever increase in value over time as more and more adopt it. You can start helping that happen today!
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yslyv
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July 13, 2018, 04:32:24 PM |
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unfortunately bitcoin is being affected by so many manipulations and news. due to volume is very low nowadays, even a very small bad new is causing big dumps nowadays. i hope volume increases a bit soon.
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turn the page
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Andalusy
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July 13, 2018, 05:45:52 PM |
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There is many Factors that affect bitcoin value, that the most affect the price was the demand and supply in the market,increasing of demands from mass adoption influencing other people and countries to be legalize helps its value to grow more.People become complacent if the entire country in making every transactions to be legalize.Positive outlook to cryptocurrencies also adds interest to its users,possible effect to this was huge growth of popularity and price as well.
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Cosbycoin
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July 14, 2018, 09:53:28 AM |
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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
Besides that, there are other factors as well that affect the values of Bitcoin among which we have the manipulation of price by the whales which negatively affect the values of Bitcoin. The fall in the demand as a result of government regulations is also one reason that affects the price adversely. Moreover, the rise in the risk factor associated to the crypto is a reason that reduces the demand and hence the prices. |
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viyumztf
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July 14, 2018, 03:19:03 PM |
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The big Powers ' attitude towards Bitcoin directly affects the mood of the market, which leads to the tendency of most people to invest.
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turkandjaydee
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July 14, 2018, 03:22:37 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
Besides that, there are other factors as well that affect the values of Bitcoin among which we have the manipulation of price by the whales which negatively affect the values of Bitcoin. The fall in the demand as a result of government regulations is also one reason that affects the price adversely. Moreover, the rise in the risk factor associated to the crypto is a reason that reduces the demand and hence the prices. I just think that the normies are already left the cryptomarket, and the december-january prices were because of the normies are entering the market. Look at how big the hype was. |
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gpamfmcq
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July 14, 2018, 04:51:30 PM |
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Some fud may quickly affect the value of Bitcoin in a short period of time, which has happened many times in the past.
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Irviyandi
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July 14, 2018, 05:28:24 PM |
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There may be several factors that greatly affect the value of these bitcoins ranging from the amount of supply available, the prohibition in some countries and also some negative issues that make bitcoi prices become very low
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Greed Dev
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July 14, 2018, 06:27:29 PM |
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I think something that really affects bitcoin is the government's policy on bitcoin itself, because in every country the policy is different.
and that affect the value of the next bitcoin is the media that gives the word is not clear the truth that makes bitcoin holders and investors panicked.
Agree with your opinion. But during this time things are getting better. Some governments in Asia are adopting Bitcoin and news is becoming more active with Bitcoin. I think in 2018, the news will not be able to reduce Bitcoin prices |
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rimueng agam
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July 14, 2018, 07:09:42 PM |
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If I think the factor that greatly affects the bitcoin price is supply and demand, if the supply is higher than the demand then the koh price will be cheap and vice versa and again Sola the supply amount if supply is getting less then the coin price will be expensive.
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Unlitinated
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July 14, 2018, 08:41:26 PM |
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Value of anything exists as long as people believe in its value. So the main factor - the belief of people around the world in bitcoin. Anything can live long (even some total shit) untill it's believed. It's same about money, stocks, gold and anything like this. Our faith is the core of any value.
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xtraelv
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฿ear ride on the rainbow slide
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July 14, 2018, 08:49:47 PM
Last edit: July 15, 2018, 03:36:39 AM by xtraelv |
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Value of anything exists as long as people believe in its value. So the main factor - the belief of people around the world in bitcoin. Anything can live long (even some total shit) untill it's believed. It's same about money, stocks, gold and anything like this. Our faith is the core of any value.
Bitcoin does not just have perceived value. Part of its value is due to the cost of production. Just like gold it is mined - but in a different way. The cost of mining has a large impact on the value at the time. When value goes up and there is a large profit margin so mining increases. When the value goes down below the value of the cost to mine - people turn off miners. Some mining operations cost more than others due to varying factors. Type of equipment, cost of power, cost of other expenses and whether the operation is commercial or just a hobby. Other considerations come into it as well. I live in a cold climate. Fiat (money) to BTC conversion is expensive (exchange rates, delays and bank fees). So mining brings heat and regular bitcoin.  Chart source: https://www.zerohedge.com/news/2017-11-04/bitcoin-vs-gold-which-ones-bubble-how-much-energy-do-they-really-consume |
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BountyGram
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July 14, 2018, 10:08:12 PM |
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Factors that affect bitcoin I think are the wrong speculations and some people that are saying that it will be dead , they have their own opinions, Opinions that can destroy the reputation of bitcoin in the market, also the panic sellers who can't wait to have a profit that is not exactly the profit because of its dump value.
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xbl1008
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July 14, 2018, 10:19:49 PM |
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The factors involving the price movement of bitcoin is too complulicated because it still need fiat to be bought so we will need to consider the factors involving the price movement of fiat such like economics and political point of views that may involve a larger scale decision that affects small factors in the process making the prices grow and drop depending on the news that might happen.
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