davit putra
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October 07, 2018, 07:21:15 PM |
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That's because bitcoin is decentralized so that the value of bitcoin is always changing, with the bad news it can make the value of bitcoin fall due to panic selling.
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jcarlo
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October 08, 2018, 12:10:35 AM |
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Limited supply, fluctuating demand. with more bitcoin being sold, the supply lessens making the price go up.
Media attention, Positive news drives prices up, while negative publicity fosters fear and causes investors to let go of their coins.
Government regulations, Depending on the regulations, they can cause prices to go up or down. For instance, Japan decided to accept cryptocurrency as a form of legal payment back in April 2017, sparking a surge in Bitcoin price.
I am agree with your opinion. Media give big effect on bitcoin price. When media cover negative news about bitcoin, market panic and the price drop very sharp. But i am believe good news will come to market in near future |
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darkr
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October 09, 2018, 04:34:04 AM |
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Limited supply, fluctuating demand. with more bitcoin being sold, the supply lessens making the price go up.
Media attention, Positive news drives prices up, while negative publicity fosters fear and causes investors to let go of their coins.
Government regulations, Depending on the regulations, they can cause prices to go up or down. For instance, Japan decided to accept cryptocurrency as a form of legal payment back in April 2017, sparking a surge in Bitcoin price.
I am agree with your opinion. Media give big effect on bitcoin price. When media cover negative news about bitcoin, market panic and the price drop very sharp. But i am believe good news will come to market in near future The wisest traders and investors have already stopped to pay attention to the fraud information which is spread in the mass media. Be enough wise to come to the conclusions yourself. |
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syamster
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October 11, 2018, 06:45:33 PM |
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The existence of negative news about bitcoin that can affect the decline in bitcoin prices, supply and demand can also affect the price of bitcoin. If bidding is more than demand, the price of bitcoin will drop and if demand is more than bidding, the price of bitcoin will rise.
Yeah it happens when a lot of people says bad about anything so it affect the market t value and the price of that specific object, so does happen to bitcoin, it is not good to let such thing effect our income, the other thing is panic selling, it makes price low, most of time sharks and manipulating whales use to sell at panic just to make the price down and then again they buy at cheap price so never sell at panic, it could be a way to trap your profit and this act of you will make price down. |
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novakamena
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October 11, 2018, 07:23:20 PM |
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The existence of negative news about bitcoin that can affect the decline in bitcoin prices, supply and demand can also affect the price of bitcoin. If bidding is more than demand, the price of bitcoin will drop and if demand is more than bidding, the price of bitcoin will rise.
Yeah it happens when a lot of people says bad about anything so it affect the market t value and the price of that specific object, so does happen to bitcoin, it is not good to let such thing effect our income, the other thing is panic selling, it makes price low, most of time sharks and manipulating whales use to sell at panic just to make the price down and then again they buy at cheap price so never sell at panic, it could be a way to trap your profit and this act of you will make price down. Because everything moves so quickly, words and opinions have significant 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.The same can be true of negative press. |
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finzyoj
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CryptoTalk.Org - Get Paid for every Post!
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October 11, 2018, 10:15:14 PM |
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The existence of negative news about bitcoin that can affect the decline in bitcoin prices, supply and demand can also affect the price of bitcoin. If bidding is more than demand, the price of bitcoin will drop and if demand is more than bidding, the price of bitcoin will rise.
Yeah it happens when a lot of people says bad about anything so it affect the market t value and the price of that specific object, so does happen to bitcoin, it is not good to let such thing effect our income, the other thing is panic selling, it makes price low, most of time sharks and manipulating whales use to sell at panic just to make the price down and then again they buy at cheap price so never sell at panic, it could be a way to trap your profit and this act of you will make price down. Because everything moves so quickly, words and opinions have significant 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.The same can be true of negative press. Well now that the price is really low, i think one factor of it is the panicking selling that due to afraid of losing their money they sell it even at low price . they choose to cut of all the investment in bitcoin rather than waiting for the price to get high. Also the due low demand of the bitcoin and the supply is really it also affect the value of bitcoin. |
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SkyFlakes
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October 11, 2018, 10:59:26 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?
Just like the current currencies, it is affected by such things listed above. Since, bitcoin is also a currency, but in digital form, it also exhibits the same idea to what it affects. Government, politics, trendings, competitprs were some of if. Every factors that could be listed can affect any currency in a small amount. |
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Bagaji
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October 11, 2018, 11:02:17 PM |
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The forces of demand and supply of Bitcoin is one of the major factors that influence the market value of Bitcoin to a downward and upward direction. Although there may be other factors that may trigger the demand such as positive and negative news about Bitcoin and crypto currency in general.
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Phantomberry
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October 12, 2018, 12:04:00 AM |
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I think the factors affects on it is the investor coming to bitcoin and the issue of banning cryptocurrency in other country and the ETF SEC issue of regularization on bitcoin that could be a big affects the value of it.
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warriorcryptobar
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October 12, 2018, 03:33:35 AM |
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Exchange Traded Funds seem to be the greenlight for smart money. We need ETF. Everyone is hoping this will just rocket to 1m dollars but no one really cares how safe it is to put in the hands of every living person on the planet.
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credits_1
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October 12, 2018, 05:26:40 AM |
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one about the variables that can influence the bitcoin cost is awful news or FUD's that would holders be able to offer their bitcoin in light of the fact that they surmise 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 con artists out there that utilization bitcoin as their introduction that is the reason individuals didn't trust bitcoin as a result of this reason.
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Daboy_Lyle
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October 12, 2018, 09:26:38 AM |
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Their are many factors affecting bitcoin one of them is the pump and dump group. They where usually traders that buys or sell bitcoin at the same time with huge amount. Population of users too will be a factor. Even here on bitcointalk forum we have here with 2 Billions of users + all the traders around that didn't know the forum. In short all factors are those who surrounds bitcoin.
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geegaw
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October 12, 2018, 12:34:57 PM |
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Their are many factors affecting bitcoin one of them is the pump and dump group. They where usually traders that buys or sell bitcoin at the same time with huge amount. Population of users too will be a factor. Even here on bitcointalk forum we have here with 2 Billions of users + all the traders around that didn't know the forum. In short all factors are those who surrounds bitcoin.
I think the pumping and dumping groups are the main factors that lead to the effects on the value of bitcoin, small investors and users are just victims of this story, when these groups constantly put pressure on their spirits, then they become panicked and fall into the trap, even unable to control the action. Many people still think politics and some other news affects bitcoin but in fact, we need to ask a question as to why this news always comes at the right time, it does not come too soon or too late, time is very accurate, the director is probably the group pumping and dumping |
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Akoldi_ibk
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October 12, 2018, 04:49:37 PM |
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Demand and supply play a key role in determining the value of bitcoin. Fixed supply: the supply of BTC is known and will remain constant afterwards when all coin is mined which will leave the whole value been determined by the demand factor. The demand factor is however, influenced by other factors already mentioned in this thread, for example, government policies, political situation, breaking news and so on
Once the demand is influenced by these factors, the result will be seen on the value/price of bitcoin: the higher the demand, the higher the value and vice versa.
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zubrr51
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October 12, 2018, 04:53:00 PM |
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So far, Bitcoin has proved itself as a means of payment, in a limited space and in a narrow circle of people, when compared with the world volumes of other fiat currencies.
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TheLoser
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October 12, 2018, 05:02:18 PM |
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Their are many factors affecting bitcoin one of them is the pump and dump group. They where usually traders that buys or sell bitcoin at the same time with huge amount. Population of users too will be a factor. Even here on bitcointalk forum we have here with 2 Billions of users + all the traders around that didn't know the forum. In short all factors are those who surrounds bitcoin.
I think the pumping and dumping groups are the main factors that lead to the effects on the value of bitcoin, small investors and users are just victims of this story, when these groups constantly put pressure on their spirits, then they become panicked and fall into the trap, even unable to control the action. Many people still think politics and some other news affects bitcoin but in fact, we need to ask a question as to why this news always comes at the right time, it does not come too soon or too late, time is very accurate, the director is probably the group pumping and dumping I also agree with your opinion that the price of Bitcoin is influenced by a group of people who manipulate the market, this is the main factor. At the right moment, either negative or positive news comes out and the price moves either up or down, but only a small group of people usually know about it. |
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gorodi
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October 13, 2018, 06:21:03 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?
Just like the current currencies, it is affected by such things listed above. Since, bitcoin is also a currency, but in digital form, it also exhibits the same idea to what it affects. Government, politics, trendings, competitprs were some of if. Every factors that could be listed can affect any currency in a small amount. The events on the crypto market and the exchanges affect it a lot. The activities of the whales can sufficiently change the price of Bitcoin. Demand and supply are also very important. |
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whirlcoin
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October 13, 2018, 08:42:57 PM |
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Lot of indirect things affect the price value of bitcoin because it is decentralized, first of all whales are controlling the market so they jist manipulate for their profits and news about the crypto currency causes the temporary bumps and dumps and the fall of.stock market or even the fuel price has some effect.
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wingsthegreat21
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October 14, 2018, 12:29:38 AM |
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First factor that I see is Media coverage since it can also impact the price of bitcoin by intensifying the effects of other marketing floats and factors that is very influential to other industries that can convince some of them to buy or sell cryptocurrencies.
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princeyeboah
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October 14, 2018, 12:57:34 AM |
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Bitcoin follows the principle of supply and demand. Bitcoin is limited in supply and as it becomes more familiar to the people and meet the mass adoption, Bitcoin gradually increase in value because of the increase in demand.
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