Factors that affects the value of bitcoin...

[shawn995]

I think one about the variables that can influence the bitcoin cost is terrible news or FUD's that would holders be able to offer their bitcoin in light of the fact that they imagine that the cost of bitcoin will drop and the other factor is there are some gathering of a pump and dump that can control the estimation of bitcoin and the other thing is there are numerous tricksters out there that utilization bitcoin as their introduction that is the reason individuals didn't trust bitcoin on account of this reason.

[ngawethu1]

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

There are several main Factors that affect directly to the price of BTC as following:
- The negative or positive news is one of the cause that make people get doubt about their investing.
- The demand play an important rule in this market.
- Whales those people have a large asset so they can make some affect to the market whenever making deposit or withdraw of bitcoin.

[Ezenwanyi1]

Unfounded rumours.
Weak hands panic selling at loss.
Whale manipulation of price

[brolekset]

all depends on transactions and transactions. The number of transactions with bitcoin is constantly growing. On the ongoing transactions, you can analyze how the demand and supply of crypto-currencies are related. For bitcoin, this relationship is positive. Each day of transactions on Bitcoin occurs on 50 million dollars.
Most of these transactions transfer the Crypto-currency to exchanges for trading on buying and exchanging for fiat currencies. This affects how much one bitcoin costs and the rate falls.
At the same time, transactions to buy virtual currency indicate an increase in demand, which leads to an increase in the price of bitcoin.
The bitcoin rate drops when coins are sold more than they buy and grow, if the number of bought bitcoins is greater than can be sold by miners or other bidders.

[bizalaz]

For my opinion it consist many facts, but the main are some dumps and pumps that are playing with it, and some economical events in the world.

[shadyrifles]

FUD -Short form for ‘fear, uncertainty and doubt’. Usually used in the form of “xxx spreading FUD again.”
Example: JPMorgan’s Dimon spread FUD by saying Bitcoin is a fraud that will eventually blow up.
https://www.smallcapasia.com/what-is-fud-hodl-or-fomo-in-cryptocurrency-lingo-find-out-more-here/

This is the main facor that affect the value and cryptocurrency market.

[Sate Jamu]

Many factors can make the value of bitcoin increase, and in my opinion the most important thing is that more and more countries legalize bitcoin so that users feel guaranteed if many countries have legalized such as Japan.

[people12345]

Supports from real organizations or governments can drive a lift. For instance, when Ripple declared an arrangement with Goldman or good conclusion from S. Korea we saw a hop in the cost. The considerable and testing thing about these crypto markets is their worldwide scale, so it's difficult to stick one occasion as the sole driver of a keep running up or fall back. The best thought is to watch the news aggregator destinations to perceive what's happening far and wide that could profit or reduce Bitcoin and blockchain.

[ExtremeFacials.com]

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

My suggestion is for you to not be worried about that because it will take you 10 years or more to study all the things which are having an influence on bitcoins price, it is the thing similar to a butterfly Effect, lol.

[Kira_lapa]

You can read the article of Joe Wiesenthal. For several months he studied materials concerning the bitcoin platform. He identified several factors affecting the price of bitcoin and explained why this is happening. Very informative article.

[PlusOne88]

You are definitely asking a very broad question. The idea about value of bitcoin is influenced or affected by too many factors. It may even be personal judgement or fear that could affect its value. But not considering everything the main idea would be that the demands for the coins increases its value as the supply of coins is also getting lesser in volume. This is the general basis not considering whatever reasons is in the background for the increase or decrease of the volume of coins.

[thefatman82]

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

Those are: An overall economy mood in the world, sayings and statements of famous people like politics or investors, demand and supply, tons of different factors, that can directly or particularly affect the price movement.

[Aiiimm]

Factors that affect the value of bitcoin?

I think it is bad news spreading around the globe beacausw of that people are afraid lt using or investing bitcoins the other reason for me is the fscebook or google bans

[Tamboran]

I think a comment from famous people who are interested in Bitcoin and then buy it will boost price increases. As well as with an economist who has a well-known company and then gives negative comments about Bitcoin will certainly have an impact on the fall down value of Bitcoin.

[Lucio19]

I think the factor is bitcoin users themselves. Bitcoin can evolve because of its users so that it can destroy or degrade its users as well. Like a prices are rising because many are buying for investment while prices are down because so many users are selling their bitcoins.

[Carreuh]

Maybe there are several factors that are very influential with the price of bitcoin, starting from the amount of supply available and the number of offers and requests on the market that are very influential on the value of bitcoin and altcoin itself.

[RianDrop]

When talking about the factors that affect the value of bitcoin are People using it, it's availability in the market, countries banned from using it and also the biggest factor is the google's banning of crypto-related advertisements. These factors I think are the main reason why Bitcoin fluctuates.

[MaryKiTy22]

Some of the factors that affect the price of bitcoin are the dollar and government policies that apply to bitcoin as it directly impacts the investor's investment in the bitcoin market These are the basic factors that affect bitcoin

[RockBar0]

I think one about the variables that can influence the bitcoin cost is terrible news or FUD's that would holders be able to offer their bitcoin in light of the fact that they imagine that the cost of bitcoin will drop and the other factor is there are some gathering of a pump and dump that can control the estimation of bitcoin and the other thing is there are numerous tricksters out there that utilization bitcoin as their introduction that is the reason individuals didn't trust bitcoin on account of this reason.

There are many factors that affect the trust of the bitcoin along with the strong market fluctuations. Some erroneously think that the cost of producing bitcoins is cheap, but the power consumption is so high that it produces the same value. But especially the sustainability and the trust of the community for so many years, it is not easy to bitcoin the little things. Its future is very strong.

[loverets45]

FUD -Short form for ‘fear, uncertainty and doubt’. Usually used in the form of “xxx spreading FUD again.”
Example: JPMorgan’s Dimon spread FUD by saying Bitcoin is a fraud that will eventually blow up.
https://www.smallcapasia.com/what-is-fud-hodl-or-fomo-in-cryptocurrency-lingo-find-out-more-here/

This is the main facor that affect the value and cryptocurrency market.

I had many haters speared false news bitcoin holders become afraid and sell there coins which really effect bad on bitcoins price. When they sell there coins they supply increase and demand decrease.