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Author Topic: Factors that affects the value of bitcoin...  (Read 5203 times)
Delmore
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August 08, 2018, 07:55:51 AM
 #761

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.
Not only this government laws and rules also effect on it Last year China and south Africa banned the use of bitcoin it dump the price enough most of user start losing hope.Soits all depends .
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August 08, 2018, 08:50:02 AM
 #762

In my opinion the factor that affects the value of Bitcoin is the investors.We people are responsible for the rise and falls in the value.We people often sell out our Bitcoin's whenever we hear something negative about it.This leads in a huge drop in the value.And whenever we invest in it more the value increases automatically.So we people are the main factor that affects the Bitcoin value.

That would be right if there were no whales with huge amounts of BTC. Just think of it. Ten thousand of Bitcoin enthusiasts buy $200 worth of BTC each, and at the same time a whale sells $3,000,000 worth of BTC. In this situation, although there were much more buyers than sellers, Bitcoin price would go down for obvious reasons.

I believe we are not that far from the stage when we people, like you said, will be responsible for the rise and falls, but we are not there yet.

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August 08, 2018, 11:35:13 AM
 #763

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.

First and foremost, the number factor affecting the bitcoin's value is the users. There are users intending to earn profit in a short span of time and if they can not get what they want they will tell bad news or negative statement about bitcoin. This really affects the bitcoin community especially the newbies and the investors who are planning to invest. On the other hand is the dedicated users of bitcoin that helps bitcoin to rise no matter how bad the image is. There are other factors, but the above stated has really affected bitcoin.
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August 08, 2018, 11:38:20 AM
 #764

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.
yeah but still i believe the main factor that affecting the value is the development of cryptocurrency. People are still uncertain whether its safe or not to invest in cryptocurrency. If goverment give a clear answer and regulation i believe bitcoin value would be more stable.

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August 10, 2018, 03:55:57 AM
 #765

There are a lot of factors that can affect the value of every cryptocurrency particularly bitcoin like FUDs, hacking of a crypto exchanges, government moves against the cryptocurrencies, negative developments that related to bitcoin and uncertainties in the crypto market. The rise of the bitcoin price is still depend on investors and buyers perception and not on the news or any positive developments that related to cryptocurrencies.
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August 10, 2018, 04:05:01 AM
 #766

There are a lot of factors that can affect the value of every cryptocurrency particularly bitcoin like FUDs, hacking of a crypto exchanges, government moves against the cryptocurrencies, negative developments that related to bitcoin and uncertainties in the crypto market. The rise of the bitcoin price is still depend on investors and buyers perception and not on the news or any positive developments that related to cryptocurrencies.
Most of it are still depend from the whales who's working around this industry,they are just like a prey waiting for another sets of victims, the development and adoptions still in questions so this big whales who invested a lots of bagholds mostly controls the market.

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Aris novianto
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August 10, 2018, 04:07:25 AM
 #767

one that affects the value of bitcoin or the price of bitcoin is the issue of issues that want to drop the bitcoin currency, so the more the price of bitcoin decreases the price, it's true that the price of bitcoin is now decreasing rapidly.

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August 10, 2018, 04:12:38 AM
 #768

Orang-orang banyak yg berasumsi bitcoin akan turun juga sebaliknya tp kalau ane perhatikan itu soal biasa saja..kalau agan teliti dan tidak anbisius ke arah yg untung banyak lebih baik'banyak membaca..semua itu untuk menghindari kerugian yg tak di duga duga.
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August 10, 2018, 10:15:08 AM
 #769

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.

Hackers' attacks, different evens on the exchanges, then whales' manipulations, the information that appears in mass media, whatnot...All this stuff affects Bitcoin value.
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August 10, 2018, 03:43:34 PM
 #770

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

I think it's the news, FUD, FOMO,...People today easily believe in everything on the internet, they only blindly believe without verifying. In addition, the policies of major governments (China, Korea, America, ...) also made Bitcoins change value. It is quite humorous that the positive predictions of Bitcoin experts don't make Bitcoin's price better.  Grin



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August 10, 2018, 04:44:30 PM
 #771

I never being bored to discover what are the factor can be used to affect the value of bitcoin. according to my experience I try to explain those. here they are
1. FUDs or we know it as fake news which possessing purpose to confuse the holder, the main purpose is to make determination impact so the market will be flooded by selling action
2. financial/government authority that against the presence of bitcoin such as ban, restricted categorized which pinned to bticoin
3. fundamental news, whether bitcoin were facing huge obstacles or huge opporunity against current situation
4. political situation,
5. fiat economy trends, we have to admit need more time to educate to all people over the world, much more human are involved in decenralisation evosystem surely generate a assure of trustness about the future of bitcoin
6. mass media , like or not, media having important role to spread out a accident or something to the mass audience out there.
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August 10, 2018, 06:01:30 PM
 #772

Hey guys,  i need some suggestions and opinions about this.
The main factor that affects bitcoin price is the investor sentiment and the affect of the news on the crowd as its the crowd whose psychology affects the price of bitcoin because it's the public that makes it or breaks it so if people believes in bitcoin then the price will rise and if the opposite then the price will fall and this is the reason behind every pump or dump related to bitcoin or any other cryptocurrency.

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August 11, 2018, 09:23:00 AM
 #773

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.
Demand factor is the major factor which is acting as a controlling switch of price increase or decrease besides which the major issue is the immature actions of users as they sell directly after finding any little increase so they sell for that little profit.

This causes the Bitcoin more volatile and more go downward in price so we should change our actions to look for high profit that will enable us to sell in high market only after which we can get out from these situations.
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August 11, 2018, 01:29:08 PM
 #774

Hey guys,  i need some suggestions and opinions about this.
I think there are many factors that affects the value of bitcoin. I guess the demand of bitcoin on online market is one of the reason and I think the number of investors are the major factors that affects the value of bitcoin. On the other hand, I think the social media also affects the value bitcoin simply because once they see an advertisement on social media some people will get interested on it and then they will invest.
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August 11, 2018, 01:37:19 PM
 #775

Hey guys,  i need some suggestions and opinions about this.
I think one of the main factor that affects bitcoin's value is the demand it is gaining from the crowd that's why it is very important to spread the news everyone to pull up bitcoin's price. Another factor is the holdings of the current investors wherein their bitcoin doesn't rotate which leads to lower prices so always be smart with your holdings.

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August 11, 2018, 02:40:35 PM
 #776

Hey guys,  i need some suggestions and opinions about this.
Well, there are many factors affecting the price of bitcoin. First are the supply and demand of the coin in the market that matters the most. Also, the whales, FUDs, policies of governments restricting or allowing the use of currency, news in favor or against the crypto since the social media plays the key role in influencing the price of bitcoin considerably...

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August 11, 2018, 03:09:17 PM
 #777

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.

Hackers' attacks, different evens on the exchanges, then whales' manipulations, the information that appears in mass media, whatnot...All this stuff affects Bitcoin value.

Yes it affects the market price in order to dump but you can also take advantage of that current situation in the market in order to hoard more coins.
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August 11, 2018, 03:12:33 PM
 #778

Hey guys,  i need some suggestions and opinions about this.
There are a lot of factors that affects bitcoin's value but I think the one that deals the most is the buying and selling of the users and investors. Whenever one sells at a high price, it will more likely lead us all to a pump while if one buys at a high price, it may lead us to dumps. Maybe the holdings of everyone affects the value of bitcoin too.
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August 11, 2018, 03:18:40 PM
 #779

Hey guys,  i need some suggestions and opinions about this.
Many factors influence the value of bitcoin. The most dangerous is the negative issue about bitcoin. They try to kill bitcoin. Some people believe and withdraw their money from the market and make prices crash

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August 11, 2018, 04:24:27 PM
 #780

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

there are several factors that influence the price of bitcoin, including the state prohibiting bitcoin, banks forbid bitcoin and bad news about bitcoin. many people want to destroy the market price of bitcoin because they are not happy with the presence of bitcoin or they have been harmed by bitcoin, therefore they want bitcoin to be destroyed.
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