Has the price of Bitcoin always been determined by only investors?

[Ahyeiyeiyei]

I want to know what determines the price of Bitcoin as the year always come and go. I was researching on when Bitcoin was created and how the price continued to grow as every years passes by, tho the price continues going up and down but regardless of the unstable price, Bitcoin continually experienced growth in price and market size, that's why I want to ask if the price of Bitcoin is determined by only investors/buyers, if that's a yes, then does it mean that if everyone take a pause from buying or selling for like a week or more, the market will stand still?  A good explanation will help me understand this thing better.

[nemesis_incarnate]

Ask the question regarding "stopping" the market for a day or a week: would it happen at all, and why?

[_act_]

Yes, the price of bitcoin is determined by the buyers and sellers. If more people buy bitcoin or in a way that more money follow into bitcoin, the price will increase. But if more money flow out by buying and selling of bitcoin, the price will fall.

then does it mean that if everyone take a pause from buying or selling for like a week or more

This is not possible, anything that will make the buying and selling of bitcoin completely pause for like a week probably means bitcoin is dead already.

Although if the buying and selling pause let say assuming, that means the price will also pause. You can use gold as an example that its trading will pause from 10pm to 11pm daily (GMT +1) and during weekends when market closes, its price also pause.

[Stepstowealth]

if that's a yes, then does it mean that if everyone take a pause from buying or selling for like a week or more, the market will stand still?  A good explanation will help me understand this thing better.

It is a constant battle between buyers and sellers in the market this is why it is virtually very impossible for this battle to stop completely unless what they're investing in which is Bitcoin, buying and selling somehow magically disappears or the opportunity to buy and sell closes which we know cannot happen. Due to that reason, we cannot have a time when everyone takes a pause completely from either buying in or selling out. Even on weekends when sometimes there may not be a distinct direction in the market, and the market becomes choppy or consolodating, there are still buyers and sellers in the market.

[Mpamaegbu]

A good explanation will help me understand this thing better.

Basic economics applies here. It's the actions of buyers and sellers that bestow value on something. That's what applies to the value Bitcoin has. In economics, it's called Demand and Supply. Someone is ready to buy (demand) and someone is ready to sell (supply). If demand is greater than supply, price pushes up. If it's the other way round, price dumps.

Merely hodling Bitcoin or any other asset without exposing it to the market won't determine its value. Hodling only shows trust and faith in Bitcoin but it doesn't set its price, only buyers and sellers do.

[Despairo]

Yep because Bitcoin is decentralized.

Unlike decentralized asset, the owner can add or burn the asset which affect the total supply, this would affect the price.

If someone argue Satoshi can affect Bitcoin price by selling his whole coins, it's true, but he's also investors in this situation, he's not using his authority to control the price.

[Promocodeudo]

I want to know what determines the price of Bitcoin as the year always come and go. I was researching on when Bitcoin was created and how the price continued to grow as every years passes by, tho the price continues going up and down but regardless of the unstable price, Bitcoin continually experienced growth in price and market size, that's why I want to ask if the price of Bitcoin is determined by only investors/buyers, if that's a yes, then does it mean that if everyone take a pause from buying or selling for like a week or more, the market will stand still?  A good explanation will help me understand this thing better.

Regarding to your first question, when you hear about the forces behind the, who are they, the whales and you and me that's if you are an investor, so it means if you're part of Bitcoin investment, you are part of the people that determines the price of Bitcoin by either being among the buyers or sellers, so the answer to your question is yes, mate I think we shouldn't think towards negativity, we are bitcoiners and we should be positive at all, Satoshi Nakamoto himself was very positive about Bitcoin and he knows what will become of Bitcoin in the future that's why he put in somuch effort to make it a reality, Bitcoin was not created to go into extinction rather it was created to solve financial problems, so if everything about Bitcoin should pause, what do you expect to happen?

[blockman]

It's about law of supply and demand.

if that's a yes, then does it mean that if everyone take a pause from buying or selling for like a week or more, the market will stand still?  A good explanation will help me understand this thing better.

Yes, the market will stand still if there will be no buyers/seller at the period of a week. That is because the network will still remain healthy and secured due to the miners continue to mine. Since you have not mentioned them, it means that mining is still going on and the market will still stand because of them. It's not a long explanation and a brief one that can help you understand a bit of what might happen then.

[o48o]

I want to know what determines the price of Bitcoin as the year always come and go. I was researching on when Bitcoin was created and how the price continued to grow as every years passes by, tho the price continues going up and down but regardless of the unstable price, Bitcoin continually experienced growth in price and market size, that's why I want to ask if the price of Bitcoin is determined by only investors/buyers, if that's a yes, then does it mean that if everyone take a pause from buying or selling for like a week or more, the market will stand still?  A good explanation will help me understand this thing better.

Yes, you got it right and there's no need for explain it further, because there's nothing more to it. That's how everything works in free markets, and you were describing economics of supply and demand.

But i am interested that before you got to this conclusion, what other factors you thought it would be determined? I am genuinely interested, because this could explain to me how people in general think prices and value of money works. Was it some central entity manipulating all the buy and sell orders or what? Or was this just first time you even wondered it and didn't yet to have opinion so you researched it immediately?

[Zlantann]

I want to know what determines the price of Bitcoin as the year always come and go. I was researching on when Bitcoin was created and how the price continued to grow as every years passes by, tho the price continues going up and down but regardless of the unstable price, Bitcoin continually experienced growth in price and market size, that's why I want to ask if the price of Bitcoin is determined by only investors/buyers, if that's a yes, then does it mean that if everyone take a pause from buying or selling for like a week or more, the market will stand still?  A good explanation will help me understand this thing better.

The law of supply and demand applies to the Bitcoin market. The reason why the Bitcoin price was low at the beginning was that few buyers were chasing a large amount of Bitcoin.  It was cheap to the extent that people were freely giving out coins. But with the new dimension of institutions investing in Bitcoin, it has become expensive.

Another factor that determines or affects the price of Bitcoin is the halving. During this season, few coins are mined, which means less supply in the market, causing the price to increase.

[criptoevangelista]

I want to know what determines the price of Bitcoin as the year always come and go. I was researching on when Bitcoin was created and how the price continued to grow as every years passes by, tho the price continues going up and down but regardless of the unstable price, Bitcoin continually experienced growth in price and market size, that's why I want to ask if the price of Bitcoin is determined by only investors/buyers, if that's a yes, then does it mean that if everyone take a pause from buying or selling for like a week or more, the market will stand still?  A good explanation will help me understand this thing better.

The screen price is based on supply and demand, it is the free market in its purest essence... if there are more buyers than sellers the price goes up, otherwise the price goes down, it's that simple... and as the supply of bitcoin is always decreasing, the price has a tendency to rise to infinity, since fiat currencies are printed without a pre-defined quantity.

[nemesis_incarnate]

I want to know what determines the price of Bitcoin as the year always come and go. I was researching on when Bitcoin was created and how the price continued to grow as every years passes by, tho the price continues going up and down but regardless of the unstable price, Bitcoin continually experienced growth in price and market size, that's why I want to ask if the price of Bitcoin is determined by only investors/buyers, if that's a yes, then does it mean that if everyone take a pause from buying or selling for like a week or more, the market will stand still?  A good explanation will help me understand this thing better.

The screen price is based on supply and demand, it is the free market in its purest essence... if there are more buyers than sellers the price goes up, otherwise the price goes down, it's that simple... and as the supply of bitcoin is always decreasing, the price has a tendency to rise to infinity, since fiat currencies are printed without a pre-defined quantity.

Every trade has a buyer and seller - what does really move the price is the volume and the urgency, whether it's a market order or a limit order, and so on..

But, yeah - printing more fiat is to bloat it even more, value in BTC stays there, in contrast. 

[348Judah]

I want to know what determines the price of Bitcoin as the year always come and go.

There are so many factors that determines for the market price of bitcoin at any point, this majorly have to do with the rate of its equilibrium shift from its demands and supply as the people are buying and selling, this makes it more volatile and in demand,, while the network keep increasing and more people interested are coming in, as you might have known before, the lesser the supply, the more the increase in demand and this is what cause the market to rise, while there are other minor occurrences that may also contributed to a short time market volatility in one directed, such could be breaking news or market season.

[GreatArkansas]

I want to know what determines the price of Bitcoin as the year always come and go. I was researching on when Bitcoin was created and how the price continued to grow as every years passes by, tho the price continues going up and down but regardless of the unstable price, Bitcoin continually experienced growth in price and market size, that's why I want to ask if the price of Bitcoin is determined by only investors/buyers, if that's a yes, then does it mean that if everyone take a pause from buying or selling for like a week or more, the market will stand still?  A good explanation will help me understand this thing better.

The law of supply and demand applies to the Bitcoin market. The reason why the Bitcoin price was low at the beginning was that few buyers were chasing a large amount of Bitcoin.  It was cheap to the extent that people were freely giving out coins. But with the new dimension of institutions investing in Bitcoin, it has become expensive.

Another factor that determines or affects the price of Bitcoin is the halving. During this season, few coins are mined, which means less supply in the market, causing the price to increase.

I agree, simple economics about demand and supply. But remember what happened also in past of Bitcoin where even that explain the basics, Bitcoin still experienced a lot of dump just like what happened from $20,000 to $3,000 dump.

So for me, it's more likely how the market behaves especially now the market cap of Bitcoin is already too huge compared to previous years.

[I_Anime]

I want to know what determines the price of Bitcoin as the year always come and go. I was researching on when Bitcoin was created and how the price continued to grow as every years passes by, tho the price continues going up and down but regardless of the unstable price, Bitcoin continually experienced growth in price and market size, that's why I want to ask if the price of Bitcoin is determined by only investors/buyers, if that's a yes, then does it mean that if everyone take a pause from buying or selling for like a week or more, the market will stand still?  A good explanation will help me understand this thing better.

Yeah the price movement of Bitcoin is determined by those buying or selling . That's why is a community driven token , owned by know one but is for everyone . In Bitcoin there ain't no third party in it , thats why there's always Massive drop in price when folks are selling massively especially due to panicking cause by any external effect like war and stuff same goes for buying whenever there's good news most time in the market the buying volume is usually high .

[AVE5]

I want to know what determines the price of Bitcoin as the year always come and go. I was researching on when Bitcoin was created and how the price continued to grow as every years passes by, tho the price continues going up and down but regardless of the unstable price, Bitcoin continually experienced growth in price and market size, that's why I want to ask if the price of Bitcoin is determined by only investors/buyers, if that's a yes, then does it mean that if everyone take a pause from buying or selling for like a week or more, the market will stand still?  A good explanation will help me understand this thing better.

Op sounds so honest and could only explain it the way he could. But that's by the way my dear. Bitcoin price can't be predicted rather, what you sees here as points of predicting the price is speculations and basically holds no bond to be confidence about with their opinions.
Every individual can also participate on the speculations with what they think it's possible to occur in the future price of bitcoin but though, those who're more experience in details about the historical prices are more liable to make attempts of determining what the future holds but yet, non can accurately predict it price.
So, the market is volatile and no atom of predictions can be reliable. Not by the investors nor any professional analysts or practitioners.

[Reatim]

I want to know what determines the price of Bitcoin as the year always come and go. I was researching on when Bitcoin was created and how the price continued to grow as every years passes by, tho the price continues going up and down but regardless of the unstable price, Bitcoin continually experienced growth in price and market size, that's why I want to ask if the price of Bitcoin is determined by only investors/buyers,

the price is determined by supply and demand and we know that bitcoin's supply is fixed so we just have to look at the amount of demand or how much buyers are wanting to buy bitcoin at any given time

if that's a yes, then does it mean that if everyone take a pause from buying or selling for like a week or more, the market will stand still?  A good explanation will help me understand this thing better.

yes the market will basically freeze there will be no changes the price will not go up nor down but of course this will never happen as there are traders from different parts of the world

[Catenaccio]

I want to know what determines the price of Bitcoin as the year always come and go. I was researching on when Bitcoin was created and how the price continued to grow as every years passes by, tho the price continues going up and down but regardless of the unstable price, Bitcoin continually experienced growth in price and market size, that's why I want to ask if the price of Bitcoin is determined by only investors/buyers, if that's a yes, then does it mean that if everyone take a pause from buying or selling for like a week or more, the market will stand still?  A good explanation will help me understand this thing better.

Bitcoin price changes with time and fortunately over a long time, its price is very parabolic bullish and upward.

There are many people in Bitcoin market and they are either investors, traders or speculators but they all contribute to buying and selling activities as well as trading volume on the market. I hope that you now can see that Bitcoin price is not determined by only investors/ traders / speculators but all of them decide it together.

https://charts.bitbo.io/yearly-candles/

[ThemePen]

Price of Bitcoin is mainly set by supply and demand. There is limited number of Bitcoins and new ones are created at slower pace making it scarce. Demand for Bitcoin comes from many places people wanting to buy it and news and feelings about it and global economy and new technology and even how much it costs to mine. If everyone stopped buying or selling last reported price would stay same but market would not truly stop moving because buyers and sellers would still have different wishes for price and automated systems would still be active. So Bitcoin price is always changing based on all these forces working together.

[melinoe]

Price of Bitcoin is mainly set by supply and demand. There is limited number of Bitcoins and new ones are created at slower pace making it scarce. Demand for Bitcoin comes from many places people wanting to buy it and news and feelings about it and global economy and new technology and even how much it costs to mine. If everyone stopped buying or selling last reported price would stay same but market would not truly stop moving because buyers and sellers would still have different wishes for price and automated systems would still be active. So Bitcoin price is always changing based on all these forces working together.

Liquidity would still be there, obviously, so everything would be okay, but it's not like such an event where everybody stopped doing something with BTC at all would occur in the first place..