it can affect the price of bitcoin?

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Bitcoin is still seen and used as widely as a speculative asset most people are buying it because they think

it's going to appreciate in the future or they're and they're not transacting with it in their daily lives they're holding it for the long term and because of that type of price speculation, there's a lot of people, especially day traders who use tools or use what's happening on futures markets to determine the sentiment of where the price is going to go everyone wants to have a crystal ball of what the future price of anything is going to be and futures prices you know the last Friday of every month is always volatile because that's when the futures expire and people are basing what's going to happen in the next month on
that particular day so on the short term.
 it can affect the price of bitcoin?

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it can affect the price of bitcoin?

Not sure what you're referring to specifically by "it" here?

If you're referring to futures markets, then yes. Because in the back-end, futures markets pretty much consists of buys, sells, and borrowing — in which all 3 affects the markets in their own ways.

[pooya87]

Bitcoin is still seen and used as widely as a speculative asset most people are buying it because they think it's going to appreciate in the future

That's mostly true during bull runs, specially the long ones like what we had in 2017. But when the bull market stops or when we are in a bear market or in a sideways market, those speculators who want quick profit no longer have the incentive so they go away and "most" people are those who believe in bitcoin itself as a currency with long term potential.

it can affect the price of bitcoin?

You mean speculation and day traders affecting the price? Of course! Not sure what you are trying to conclude here though.

[$anounimus$]

A lot of people in the market are always looking forward to Friday, but my view is it's not the number of bitcoins that affects the bitcoin price. It's about demand. If the majority of people believe that the price will go up, they buy bitcoin which then causes the increase. If they believe it will decrease, they sell which causes the decline.

They do however issue new bitcoins at a predictable rate, so you can rest assured that you will never run out and never earn again.

Generally, the price of bitcoin is completely dependent on the market, which is made up of individual traders. These market participants decide whether they want to buy or sell bitcoin based on what they think will happen in the future. There are many factors that determine how much someone is willing to pay for a bitcoin, and even what they actually want to use it for.

[crwth]

Everything that a person does in the market, whether it's buy or sell can affect the market, whether it's minute volume or very large amount. As long as it's seen in a smaller timeframe or something, someone could've seen the move and maybe interpret it in someway or form that it could be a bullish sign or bearish one. It's always speculation when predicting prices.

[samuraijin]

the futures market actually has a high risk for beginners who can't analyze the market well, most people choose to invest long term because they know bitcoin investment is not very profitable for the short term or use the futures market, so to influence the price of bitcoin is also based on market demand not from futures market

[tbct_mt2]

Bitcoin is still seen and used as widely as a speculative asset

A speculative asset is one of Bitcoin utilities. You can use Bitcoin in many ways, with different use cases.

Investment (real investment), speculation, trading, payment method and more. In future, with bigger adoption for Bitcoin and more enhancement in technology, Bitcoin will have more utilities and more use cases.

Utilities and use cases create value for Bitcoin and consequently we will see good growth in price. Building fundamentals, create value then price will follow.

[tjtonmoy]

Can you be more specific about what you are referring to? If you are trying to say that if everyone holds the BTC for bigger profit and value what will happen to the price in the future or can it affect the price too? Then yes. I think it will. What if all holders decides to sell all at once. Then that will be a disaster.

[Dave1]

Bitcoin is still seen and used as widely as a speculative asset most people are buying it because they think

It's become a speculative asset with it had prices in an exchange early. from $0.1 to $10, to the last all time high, so yeah you can call it as such.

it's going to appreciate in the future or they're and they're not transacting with it in their daily lives they're holding it for the long term and because of that type of price speculation, there's a lot of people, especially day traders who use tools or use what's happening on futures markets to determine the sentiment of where the price is going to go everyone wants to have a crystal ball of what the future price of anything is going to be and futures prices you know the last Friday of every month is always volatile because that's when the futures expire and people are basing what's going to happen in the next month on
that particular day so on the short term.
 it can affect the price of bitcoin?

I think many people are doing bitcoin transaction, and so it is being use as payment system or store of value or whatever you want to do with your bitcoin.

Supply and Demand is still the basic tenant of bitcoin, and it will affect the price no matter what.

[Esther C]

Bitcoin is still seen and used as widely as a speculative asset most people are buying it because they think

it's going to appreciate in the future or they're and they're not transacting with it in their daily lives they're holding it for the long term and because of that type of price speculation, there's a lot of people, especially day traders who use tools or use what's happening on futures markets to determine the sentiment of where the price is going to go everyone wants to have a crystal ball of what the future price of anything is going to be and futures prices you know the last Friday of every month is always volatile because that's when the futures expire and people are basing what's going to happen in the next month on
that particular day so on the short term.
 it can affect the price of bitcoin?

I'm not quite clear on what your question is but generally transactions in bitcoin alters the price both ways. Volatility even makes the price more unstable.

[Rruchi man]

Bitcoin is still seen and used as widely as a speculative asset most people are buying it because they think
it's going to appreciate in the future

You are correct, and for whatever reason someone decides to have bitcoins, it is not a decision that they will regret in the coming future.
Although the original function of the futures is not this;

a lot of people, especially day traders who use tools or use what's happening on futures markets to determine the sentiment of where the price is going to go everyone wants to have a crystal ball of what the future price of anything is going to be

People have found extensive uses in using to determine the price of bitcoin. But in comparison to other methods of predicting the market like Technical analysis, Fundamental analysis and Sentimental analysis, the use of the activities on the future market cannot really compare to me.

[Agbe]

Bitcoin might be speculative because it's a decentralized digital currency  so speculation is always there.  Yes, bitcoin will appreciate in the future. From the historical analysis of bitcoin market, even this bear market will still go up. In any business wholesalers buy when the particular goods is in very low price and resell it when the price goes up. I can remember in my village when fuel price was very low, black marketers would buy it and store it in a large quantities and when the price goes up, they will come out and sell it. That is how I am also seeing in bitcoin. This is the best time to buy if there is money because after now bitcoin will go up and once bitcoin goes up it will be hard for low salary earners to buy at that time.

[Techkoy407]

although I don't really understand what you want to convey,
but if you mean something that can change the price of bitcoin,
and you assume most people use bitcoin only for speculative assets,

bitcoin is indeed a good asset and potential for the future,
and not just for investment,
now some countries also use bitcoin as a means of payment,
although not many countries have adopted bitcoin.

bitcoin may be very helpful and useful in the future,

don't misjudge bitcoin my friend.

[Wapfika]

Futures affects the Bitcoin market in short term because whales always scalp on the volatility of Bitcoin but since Futures Trading has a short liquidation price, Those open position can be easily wiped out once there’s huge buy volume on spot market because the opposite position along with the spot market direction will surely eat those losing side open position until they were liquidated.

You will notice that the price keeps up and down on a certain range a normal condition that has no huge volume that will make this futures trading position liquidate.

[Hypnosis00]

Bitcoin is still seen and used as widely as a speculative asset most people are buying it because they think

it's going to appreciate in the future or they're and they're not transacting with it in their daily lives they're holding it for the long term and because of that type of price speculation, there's a lot of people, especially day traders who use tools or use what's happening on futures markets to determine the sentiment of where the price is going to go everyone wants to have a crystal ball of what the future price of anything is going to be and futures prices you know the last Friday of every month is always volatile because that's when the futures expire and people are basing what's going to happen in the next month on
that particular day so on the short term.
 it can affect the price of bitcoin?

As long as people will trust Bitcoin in the future, the price of Bitcoin will still grow. People are still thinking positively despite the volatility, of course, this will affect the market but there is one thing I was sure of - people will remain hopeful because they believe that this will help to improve their living and financials.

I'm not sure about every Friday of the month, the price of Bitcoin will move in unpredictable directions as always. It was hard to prove that every Friday this will be the direction of the market because if that is so, then we have thought this has been controlled by someone like a whale.

[decodx]

This is going a bit beyond my knowledge of economics, but apparently the volatility of the actual price of bitcoin can be affected by what's happening in the futures markets. Futures markets are a powerful tool in the financial world, and they are especially useful for commodities like oil and gas. If there's a big swing in prices on the futures market it could suggest that there are big changes coming to the actual market. If the price of a commodity on the futures market is higher than its current price in real time, it could mean that people are betting on a future rise in price. So if you have a sense of what the future will be like and you think it will be good or bad, then you can use that information to make trading decisions.

[Dunamisx]

Either you buy or hold and sell that doesn't affect the market price of bitcoin since there are a large number of people holding than you do, selling than you can think, and also buying and this has always been a continuous process but what makes it more interesting is the side that has the winning edge vested much, if the demand and supply reach a point beyond the normal expected equilibrium position then the price either move high or go low within that period untill the market got balanced before a change is being experienced on either side.

[landheer]

In my opinion, of course it will affect the price of bitcoin, even if buying and selling in a short time, or can be called a short-term investment, because of the many transactions there must be ones that involve, or can also be called, buying at the top, and if people buy at the top don't panic when the price drops, of course they won't sell it. and with so many transactions, the price will go up, that's why there are some people who say once every 5 years the price of bitcoin and crypto, will rise very high, as experienced by bitcoin and crypto, in 2021.

[mRTHroo]

If you're wondering if Bitcoin will impact the future, then yes. Because Bitcoin is the most trusted coin in the world, which is the top number 1 coin in coinmarket.

And this is why everyone likes Bitcoin. And if you invest on Bitcoin, you will definitely profit. can be expected

And Bitcoin's Blockchain is very strong. So I always think investing on it will never lose money. In terms of investment, it can be said that if you do it in the long term, you will get the most profit. And with Bitcoin, the most money is able to be transacted more safely.

[BITCOIN4X]

it can affect the price of bitcoin?

Bitcoin is a potentially profitable asset in the future. Many things support this statement and among them is the adoption and desire of people who seek profit through price fluctuations.

If that's actually what you mean, I already told you on the first point. The potential of bitcoin always allows you to get 2 things, if it is not profit then you will lose because of it. But when your main goal is to make a profit, then I don't think that you care much about its other uses.