IS THERE A REGULATORY BODY

[serjent05]

I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

As far as I know, there is no regulatory body for Bitcoin price.  The price depends on the demand of the people and mood of the market.  Bear market and Bull market still depends on the market sentiments that affect the demand of people.  Having no regulatory body is the reason why Bitcoin price is highly volatile since there is no one controlling it in times of upsurge or crash.

[Lauren Smith]

I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

Actually yes, now that you ask. There is said to be a group of the elite which go into the forest with the bulls and bears and wear tinfoil hats which allows them to receive signals and tell what price bitcoin will be.
The problem happens when the bulls and the bears start wearing tinfoil hats too. This interferes with the natural course of things.
This info is top secret don't tell anyone.

[jostorres]

I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

There is no regulatory body, and the factors responsible for the bull run are the bulls and the bears which we could interpret to law of demand and supply. Every time you see the bulls over power the bears and through their activities create high buy which causes fomo and in return make the price of bitcoin surge, that is when you see bull run, but when the buy power of the bulls are quite week and there is more money being withdrawn from the market than it is being put, you see us enter the bear market, which during bear market, people don’t put in money that much with the believe that the market is bad until they see a motivating factor like a little shut in price.

For now, I think that the demand of bitcoin is still quite low than the supply and that is why we have not seen bull run, so we need very big bulls to bring in big money to place a big demand at once.

[yesyes18]

There is no need for a regulation for a market to have trading value. I mean it isn't a mandatory requirement. Moreover, the market moves nased on the factors of demand and supply. At times the super hypes also makes the demand very high. The dump and pumps are also influenced by big whales who have much Bitcoin and can move market.

[Mandoy]

Cryptocurrency does not have a center it is decentralized. There are no regulatory body whose job is to monitor and regulate the movement of the price in the market. Bitcoin and Ethereum as well as the whole cryptocurrency assets are all market based. Their value will depend on the buy and sell volumes and the price trend on the market. Thus its volatility is very rampant and wild sometimes but this is what makes cryptocurrency unique and loved by traders.

[dentolas]

where have you been???
since when the markets are regulated? isn't it supposed to be the law of offer and demand?
And if you speak about BTC........ it is decentralised my friend.... no point in going further...I think I am probably not understanding your question
have you even checked the charts for ETH and BTC since, let's say, 1 year back?

[robelneo]

I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

The market is the one that dictates the price, it's no different from any investment and trading site, there is no regulatory body that monitors the price and I like it that way because there is a big possibility of all-time high but also the risk of going to the floor, since you're into trading, you should watch a lot of videos about the various market condition, you could lose a lot if you are ignorant of these factors.

[coin-investor]

I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

There is no regulatory body and there should not be one, it's decentralized and anonymous, I think you should go back to basics on what and how Bitcoin and Cryptocurrency operate and it's underlying principles, go to Youtube and check videos there.
Bull run and bear operates in supply and demand, I wonder where are you trading and why you did not know this, this is basic of any trading platform.

[Kakmakr]

You do not need a regulatory body to create a bear or bull market. The Bitcoin price are determined by demand and supply in the open market and this market allows for the establishment of whales in the market, that can trigger bull and bear markets.

Bitcoin are not immune against manipulation from people with a lot of money and the early adopters of bitcoins has a significant amount of coins, which are being used to manipulate the markets. <Not all of them are doing this, but some of them have enough to do it.> 

[Artemis3]

There is no need for a regulation for a market to have trading value. I mean it isn't a mandatory requirement. Moreover, the market moves nased on the factors of demand and supply. At times the super hypes also makes the demand very high. The dump and pumps are also influenced by big whales who have much Bitcoin and can move market.

Not only it should not be mandatory, it is harmful. State intervention always do more harm than good. Do not believe in the illusion of socialism replacing the free market forces with their own bureaucracy, it never worked, and it never will.

The ups and downs are healthy, it shows the world the asset is free of intervention of any kind. There is nothing more dangerous than an artificially pegged asset to whatever someone in power decides it should be pegged to. Yes, including those so called "stable coins", very dangerous. You were warned.

[betty11]

We don't have regulatory body, and I don't want them either, this is a decentralized system. If we need a regulatory to determine the price or market season, then it's a useless market because they will use it to their advantage. We the investors determine what happen in this space. It's our behavior that determine the various market season and movement.

[Rahman11]

I think as decentralization no one can control over bitcojn price! It’sfully running by public and market demand, decentralised crypto-currency not can control by any power! 

[Lalafell]

I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

Since bitcoin is a kind of money that used in virtual world or we can say it is part of cryptocurrency. Cryptocurrency are virtual money that are decentralized which means the government is not part of it, government have no power to rule it and make a regulations about the transactions in cryptos. So that we don't have any regulatory body in terms of making laws and guarding cruptocurrency.

[teosanru]

I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

Is there any regulatory body for Forex market prices?? Don't they have bull runs or bear runs? Every market in the world no matter what works on the basic concept of demand and supply. There is always a commodity which may be a security of a utility in both cases it's value is determined by the demand and supply of that commodity and nothing else. I can't remember after 1935 that any regulatory body set a price of any major currency in the world. They are left to the world of demand & supply where the bull run starts when demand is increased and buyers raise the prices high and bear runs starts when supply is increased & sellers want to sell at any price.

[SummerBliss]

I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

Supply & demand, but there is a conspiracy theory not without basis that Bitfinex/iFinex/Tether is partly responsible for the rise in Bitcoin price as they can easily create stablecoins out of thin air and use them to pump the price on their exchange and elsewhere.

This is how world works, isn't it!
Everything happening around is happening in the way, rich and most popular wanted it to be. Cryptocurrencies which during their inception gave hopes that they will break this concept seem like they fell to the prey of rich and powerful too! Roger Ver decided to create his own version of Bitcoin, created Bitcoin Cash. Not only that, he did his best to pump BCH and dump BTC. His efforts were almost successful when BCH almost reached 80% of the price of BTC. Similarly, big exchanges like Bitfinex or Binance manipulate prices everyday through their malpractices, who knows.
Days were gone when Bitcoin was actually used to be decentralized.

[bitbunnny]

Obviously some users are missing elementary knowledge about Bitcoin.
Since Bitcoin is decentralized and independent from any government or authoriy there is no regulatory body. Price is determined by market, supply and demand ratio and some other factors that might be very subjective.
Also, if Bitcoin will be regulated that doesn't mean that there will be some central body, like national bank or something, that would define the price.