Factors that affects the value of bitcoin...

[gaxfrwpy]

After the market matures, the entry of some large organizations and consortia will directly affect the price of bitcoin.

[atmos]

It is impossible to take into account all the existing factors and how they will affect each other. But in the long term, bitcoin, of course, will grow. That is my opinion.

[Henry Sy]

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

i think the main reason why bitcoin price goes down is because of the media that talks false information about the bitcoin. If they spit wrong information, the price of the bitcoin maybe affected because of it.

[amber deposit]

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.

[Himanshu111]

In my opinion, the most influential factor, quite obvious and obvious, is speculation. Bitcoin speculation can bring huge profits. The risk of this currency makes it attractive to speculators. Since a commodity is a commodity, the value of Bitcoin is determined based on supply and demand. At the same time, the value of Bitcoin is affected by the mining process. Due to its great value, it makes people invest money in ultra-modern and expensive computer systems to dig.

the outline you are writing is about the overall supply of coins and that has been circulating in the market today, it is true, but there are other factors as a major supporter, positive news about the emergence of legal markets and various things including ETF efforts into the wallstreet market.

if only to rely on supply-very good for long-term assets, but bitcoin also has the potential of bubbles so it is necessary to always think about the short term.

There are several factors affecting the price of bitcoin.The demand and supply forces play an important role in price determining.If the demand is rising that means the price will be rising and vice versa will occur if the demand falls down.How much investment is done in bitcoin also determines the price of bitcoin.Bitcoin speculation is also an important factor.People are attracted to bitcoin due to its volatility.Mining process also determines the price.

[bethooven]

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

The number one that has a big impact in the value of the bitcoin was the news many newbie would became panic seller because of what they watch like scam and pure of fud so that the tendency many dumpers would sell the coin and the markets would continue to fall down even if you didn't want it to happen it will happen because of many weak hands.

[Kertmu]

The formation of Bitcoin's price is driven by: demand, supply, the status of Bitcoin itself (trust in crypto currency, various news).

[GokeVN]

I think it is a very broad thing that really affects the price directly. I have read some thread and it was stated there that investors was one of the major cause of the volatility of the of the Bitcoin, if they will not be in an active investments these following weeks this will lead to slower fluctuation of the price, and it also serve as the guide of the ICO when they will hoing to pay the workers since the lower the price the lesser that it will turn out to be a payment, and it might be double if they force to pay the people in a wrong time.

[SlickMoTwoToe]

I think it is a very broad thing that really affects the price directly. I have read some thread and it was stated there that investors was one of the major cause of the volatility of the of the Bitcoin, if they will not be in an active investments these following weeks this will lead to slower fluctuation of the price, and it also serve as the guide of the ICO when they will hoing to pay the workers since the lower the price the lesser that it will turn out to be a payment, and it might be double if they force to pay the people in a wrong time.

Well for me there are so many factors that can affect the bitcoin, since it is build by the community it will depends on us the holders of the coins, it will affect the price if we do panic sell.

[Durugista]

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

The number one that has a big impact in the value of the bitcoin was the news many newbie would became panic seller because of what they watch like scam and pure of fud so that the tendency many dumpers would sell the coin and the markets would continue to fall down even if you didn't want it to happen it will happen because of many weak hands.

I agree some factors that affect bitcoin the the newbies who do not know the potential of the coin itself, they are scared of loss and try to do panic sell and the lost more of their funds and blame it ti the entire forum.

[bilyboy]

There are several market factors which control the price of Bitcoin and alter the value in different times. As we know about the demand factor which is the major factor controlling the Bitcoin, when it increases the price also goes high and when it decreases the market also goes down. So we need to get benefit of this current market which is possible in terms of investments.

[BountyGram]

I think it is a very broad thing that really affects the price directly. I have read some thread and it was stated there that investors was one of the major cause of the volatility of the of the Bitcoin, if they will not be in an active investments these following weeks this will lead to slower fluctuation of the price, and it also serve as the guide of the ICO when they will hoing to pay the workers since the lower the price the lesser that it will turn out to be a payment, and it might be double if they force to pay the people in a wrong time.

You're right, some others are not trusting bitcoin and as a result they are trying to destroy its reputation in the public, well bitcoin can help to grow the economy of a certain country.

[Cryptoville247]

There are so many factors affecting the value of Bitcoin. But it on lies on the general principle of Economics which is Demand and Supply. What may influence this demand and supply could be due to some speculations or panic which could force people to sell off there dragging the price down.

[connecoin]

I think one of the factors that can affect the bitcoin price is bad news or FUD's that can holders sell their bitcoin because they think that the price of bitcoin will drop and the other factor is there are some group of a pump and dump that can manipulate the value of bitcoin and the other thing is there are many scammers out there that use bitcoin as their presentation that is why people didn't trust bitcoin because of this reason.

that's right what you say. and if I think also with the many negative issues that are about bitcoin then it could affect the value of bitcoin as well. therefore we all bitcoin users must support bitcoin continue so that its value can go up and not be considered bitcoin negative hold

As a member of this community its also our obligation to promote and advertise cryptocurrency, negative reports about BTC can affect its market value.

[Getmon]

As many investors would have it, Bitcoin is considered a speculative asset. In other words, the value of Bitcoin is determined solely by the market. It is being traded 24 hours daily. The demand moves up and down the line, causing the price to act the same. However, the demand is also affected to a certain extent by related news, developments, and other important factors.

[Sled]

There are several market factors which control the price of Bitcoin and alter the value in different times. As we know about the demand factor which is the major factor controlling the Bitcoin, when it increases the price also goes high and when it decreases the market also goes down. So we need to get benefit of this current market which is possible in terms of investments.

The demand is just like the secondary factor that affects the value of bitcoin because the primary factor that affects the value of bitcoin is the news and the hypes around bitcoin and if those news are bad then it will affect the demand so bad and it will just make it into a lower price while if there is a hype then the price will just go up fast because the demand will have a massive increase.

[TenToesDown]

Price is mainly determined by the popularity of bitcoin. Popularity means more people want it which means greater demand. Once less people sell and the demand increases, demand >> supply so price skyrockets. Right now its mostly strong hands who hold crypto and prolly dont care much about fiat.

[yourialfa]

Perhaps the factor that affects the bitcoin value is the factor of the large number of requests. This factor certainly dominates the value of bitcoin. So of course this affects the increase or decrease in bitcoin value. That's just my opinion, there may be other factors that cause the reduction of bitcoin like negative news about bitcoin or the other.

[dobladonadouble]

I can say that it's the idea of "panic selling" of bitcoin is a factor that affects its value. If people in here will panick about selling their bitcoin because they think the value of it will soon be lower than the present, then they will sell and sell, and that's it.

[Redhead5]

Perhaps the factor that affects the bitcoin value is the factor of the large number of requests. This factor certainly dominates the value of bitcoin. So of course this affects the increase or decrease in bitcoin value. That's just my opinion, there may be other factors that cause the reduction of bitcoin like negative news about bitcoin or the other.

I agree with your point mate, in addition the presence of some scam ICO projects will definitely affect the value of bitcoin in the society. Including the spreading of fake news, FUD's and banning of it in some countries will greatly affects bitcoin value and demands.