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sngwinner
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March 23, 2019, 09:14:30 PM |
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Btc price is affected by a number of factors such as media report, government policies, etc. However, all these factors affect the price by influencing the principle of demand and supply. All these factors affect how people invest or pull out of btc.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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shield132
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March 23, 2019, 10:10:07 PM |
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When I was in college we were taught that the price of any commodity is determined by the factors of demand and Supply to a large extent.
In your understanding, do you think that the price of bitcoin is determined by the factors of demand and supply?
This is an economy principal. Without demand there will be no supply. Yes but also there isn't supply of every demand. Btw if you want to look bitcoin from basic economy knowledge, it's like bitcoin is factory where high demand = high price but also your price must cover fees of production (mining). If price of production is higher than the actual price of product, you keep producing with loss and hope of future profit or stop producing (miners keep mining with loss or stop mining if it's unpofitable). But also there is another thing, halving. Now imagine this like following: You produce very high quality product but every four year there is regulation set on you which makes you to produce half of current product in every four year. In this situation demand is still same or grows because your quality is great but supply lowers. Now imagine tx fees, it's like distributors have to take your product but because of demand and price, sometimes fee is low or high. |
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Kelvinid
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when lambo...
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March 23, 2019, 10:25:54 PM |
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It really have a big role in the market since that's the reason for market price fluctuations. All the market supply will be uncontrollable which one way that we couldn't see a stabilize price and even causing its volatility characteristic.
If we saw that there is a huge market demand, it definitely price flew high and make every investors and crypto holders will be profitable. It maybe it shows us on the coming days as we started to climb up a little bit high.
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Tyoks
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March 23, 2019, 11:10:15 PM |
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yes, from the understanding that I have learned about the cycle of bitcoin price movements, demand and supply are one of the factors that have an impact on the price of bitcoin, on the other hand, there are also many factors that can affect the price of bitcoin.
with the high demand in the market and limited bitcoin stock that can make the price slowly rise, there have been many moments that occur with the large funds entered in bitcoin the price situation has increased even though not significantly.
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zee11225
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April 06, 2019, 06:31:46 AM |
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Btc price is affected by a number of factors such as media report, government policies, etc. However, all these factors affect the price by influencing the principle of demand and supply. All these factors affect how people invest or pull out of btc.
The most important indicator that influences the increase in bitcoin prices is the amount of bitcoin demand, so that the available supply is less so that it affects traders to increase prices. From the large demand will create prices that increase along with the increasing trust in bitcoin throughout the world, this will encourage countries that have been rejecting the presence of bitcoin to be willing to accept it, because it will affect the industry, especially the tourism industry. |
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Nasty23
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April 06, 2019, 08:13:02 AM |
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When I was in college we were taught that the price of any commodity is determined by the factors of demand and Supply to a large extent.
In your understanding, do you think that the price of bitcoin is determined by the factors of demand and supply?
Yes, because we know that the bitcoin have a limited supply and when the demand of it in the market increase the price of it are also increases on which can give us a profit. On the other hand, when the demand are low the price are also low but the supply of it are never change that results to price fluctuations. |
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mirakal
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April 06, 2019, 08:51:05 AM |
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When I was in college we were taught that the price of any commodity is determined by the factors of demand and Supply to a large extent.
In your understanding, do you think that the price of bitcoin is determined by the factors of demand and supply?
Yes, because we know that the bitcoin have a limited supply and when the demand of it in the market increase the price of it are also increases on which can give us a profit. On the other hand, when the demand are low the price are also low but the supply of it are never change that results to price fluctuations. It's an internet money, the demand will increase as there is an increase of adoption on online transaction using bitcoin. We need to support bitcoin now if you are also investing at the same time, we are early investors here that could get a good profit once it will go mainstream. |
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incomefromcoins
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April 06, 2019, 10:28:28 AM |
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One reason bitcoin high price volatility is because of limited supply when new bitcoins get generated it directly implies on bitcoin price
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samcrypto
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April 06, 2019, 10:54:59 AM |
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Btc price is affected by a number of factors such as media report, government policies, etc. However, all these factors affect the price by influencing the principle of demand and supply. All these factors affect how people invest or pull out of btc.
That's true, demand and supply are driven by the things around us especially if there's a good news or bad news. In cryptomarket, price movement is not the only basis for you to invest because you have to know the current news with that coin and if there's a development. Its easy to understand the law of supply and demand, but don't depend on that one because even if there's no demand right now, it can increase in the future. |
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Pattart
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April 06, 2019, 12:17:45 PM |
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Is just one of factors but there are more factors who make the price of bitcoin be where is, money on bitcoin market, people who buy and sell, miners and traders.
There are differences about that, for news, adoption, miners, people who buy and sell, and so on are things that affect demand and supply in the market. and what affects market prices is demand and supply, so it must be distinguished between that. |
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logicgate
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April 07, 2019, 01:35:24 PM |
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Is just one of factors but there are more factors who make the price of bitcoin be where is, money on bitcoin market, people who buy and sell, miners and traders.
There are differences about that, for news, adoption, miners, people who buy and sell, and so on are things that affect demand and supply in the market. and what affects market prices is demand and supply, so it must be distinguished between that. Yes according to me as well one of the factors which is driving the price is demand and supply. When the number of bitcoin will become limited and the number of buyers will be high then price will rise automatically, but when the demand declines it will take part in price of bitcoin reduction, but try to hold your coin for long term and don’t sell right now panic price. |
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yusupjatigumilar
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April 07, 2019, 01:44:19 PM |
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Of course the price of bitcoin is also influenced by supply and demand when there is good news about bitcoin, so there will be many people buying bitcoin and automatically this will make prices soar, and vice versa. But there are other things that affect the price of biitcoin, namely the existence of halving day, in the presence of this will make the price of bitcoin higher even though many experience corrections because the number of bitcoins that are successfully mined will decrease in the allotted time. supply decreases but demand continues to grow
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BestSSS
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April 07, 2019, 02:54:53 PM |
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The supply and demand factor is only a small component of the bitcoin price. Today, the main role is played by price manipulation and the wound volume of which in fact is not.
The latest price increase was accompanied by daily volumes of $ 80 billion in which 70 % of the wound volume.
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Adriano2010
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April 07, 2019, 03:00:53 PM |
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Yes always the bitcoin or something else regarding the price is affected by demand and supply, even if is about gold or any precious metal, but sometimes the price of bitcoin or crypto or stocks share can be affected by some news, and by some whales who want to invest or sell a lot.
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waynechong1995
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swing!
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April 07, 2019, 05:13:59 PM |
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Not easy to estimate such numbers when bots are working on exchanges, there's no fix numbers with those liquidity, the number of bitcoins generated are negligible and still it doesn't mean straight up, with the possibility of bitcoins skyrocket or went down digits vary alot of factors, for newcomers trend analysis is the best picture you can get.Biggest players would always be the big player that could move the market, making your holding up and down over matters of seconds
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