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Author Topic: Who have the power of driving force to moves bitcoin Price ?  (Read 6689 times)

Offline vitek146

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Re: Who have the power of driving force to moves bitcoin Price ?
« Reply #30 on: February 02, 2021, 10:21:00 AM »
Basically, the pricing is driven by the whales holding a large amount of coins, but not only. This is how many noticed after Elon Musk added the bitcoin logo to their bio, the price for it increased by $ 4k, so influential people from this world can also influence. As long as there is as much acceptance of bitcoin as it is now, the price will rise with some corrections.

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Re: Who have the power of driving force to moves bitcoin Price ?
« Reply #30 on: February 02, 2021, 10:21:00 AM »

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Re: Who have the power of driving force to moves bitcoin Price ?
« Reply #31 on: February 02, 2021, 12:28:46 PM »
You are right that the price of Bitcoin depends on the buyers. When a cryptocurrency is traded in large quantities, the price of that coin automatically rises. Again, when the buying and selling is declining, the price of that coin is also declining. Because cryptocurrency is self-regulating. No one has control of cryptocurrency.

Offline ashraf786100

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Re: Who have the power of driving force to moves bitcoin Price ?
« Reply #32 on: February 02, 2021, 03:09:01 PM »
his is true because prices are greatly affected by the whaling process. But I think this is natural for bitcoin because we know that the bitcoin wheel is not as big as the Altcoin wheel. So although there are whales, there are other whales on the other side.
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Offline Cristiano

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Re: Who have the power of driving force to moves bitcoin Price ?
« Reply #33 on: February 02, 2021, 03:15:30 PM »
That's right, mate.
  The price upside of a coin in a market depends on an investor.  Because if an investor invests a lot, the value of that coin will increase. If he does not invest, the value of that coin will decrease.  Therefore, it can be said without any doubt that cryptocurrency coin updown depends on the investor.

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Re: Who have the power of driving force to moves bitcoin Price ?
« Reply #34 on: February 02, 2021, 03:29:23 PM »
Yes Bitcoin Price Pump and Dump is dependent on an investor.  Because if an investor invests the maximum amount on bitcoin then the price of bitcoin will increase to a much higher level.  Again, if an investor does not invest in Bitcoin, then the price of Bitcoin will go down a lot.

Offline shadowdio

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Re: Who have the power of driving force to moves bitcoin Price ?
« Reply #35 on: February 02, 2021, 03:40:16 PM »
If the whales behind this pumps and dumps then we should join their game, just stick with your strategy to make profit from bitcoin.. Hold until you make profit just like that.. We can not control the market but we can still make profit of it.

Offline Tamsialu$$

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Re: Who have the power of driving force to moves bitcoin Price ?
« Reply #36 on: February 02, 2021, 04:10:31 PM »
The main reason for the rise in the price of Bitcoin is due to investors. The more investors invest in Bitcoin, the higher the price of Bitcoin will increase. Bitcoin futures are very good now. If anyone can invest in Bitcoin at this time, he will definitely be able to improve a lot.
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Re: Who have the power of driving force to moves bitcoin Price ?
« Reply #36 on: February 02, 2021, 04:10:31 PM »


Offline 0t3p0t

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Re: Who have the power of driving force to moves bitcoin Price ?
« Reply #37 on: February 02, 2021, 05:34:48 PM »
Basically bitcoin price pump or dump it is depend on the buyers buying movement. We know that whales always win in trading in cryptocurrency, its the reality things happened that We cannot deny. I just want to know the fact form you. What is your opinion about it ?
Supply and demand plus whales and influencial people manipulation will make the market more agressive. Not only whales win the event but also small time investors as long as they are going with the flow.

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Re: Who have the power of driving force to moves bitcoin Price ?
« Reply #38 on: February 02, 2021, 06:08:37 PM »
The price of Bitcoin was currently rising sharply but in the middle the price has returned to normal.  Bitcoin prices were rising at a rapid pace. All investors are investing heavily here as the price of Bitcoin has started rising in such a way that it has reached its highest level.  Bitcoin prices are likely to rise further in the future.

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Re: Who have the power of driving force to moves bitcoin Price ?
« Reply #39 on: February 02, 2021, 06:10:57 PM »
Its totally depend on market. When high demand people buy more coin and price go up. When low demand price low down. Some famous people tweet also give good result to bitcoin.
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Offline debra

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Re: Who have the power of driving force to moves bitcoin Price ?
« Reply #40 on: February 02, 2021, 11:59:20 PM »
The one who always has the big power to control the price of Bitcoin is the whales. They always play the price until they are enough with the profits that they take. Be careful if there is a hype of FOMO about something to pump because it is not always true. It is better to do your own analsyis.
« Last Edit: February 03, 2021, 12:05:28 AM by debra »
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Re: Who have the power of driving force to moves bitcoin Price ?
« Reply #41 on: February 03, 2021, 02:46:53 AM »
The price of Bitcoin has now crossed $36K again. The reason for the increase in the price of Bitcoin is to invest more in it. Some of the reasons behind the increase in Bitcoin is the introduction of much more Bitcoin. And in every country where Bitcoin is being introduced, transactions are being done through Bitcoin. This is because trading with Bitcoin costs less, which is why traders are showing a lot of interest in Bitcoin as soon as they find out. That is why the price of Bitcoin is further developing.
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Re: Who have the power of driving force to moves bitcoin Price ?
« Reply #42 on: February 10, 2021, 08:36:14 AM »
You have made a very nice post. From that post we who are members can learn a lot and I also did not know who has the power to drive the price of Bitcoin in the world but I benefited a lot from reading some posts of senior brothers. If the senior brothers post like this then we can go a long way.

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Re: Who have the power of driving force to moves bitcoin Price ?
« Reply #43 on: February 10, 2021, 09:19:06 AM »
Only investors, traders, holders, are the power of moving bitcoin towards the uppped and also power to down motion the market.
  It's totally depend on Market. The Price of Bitcoin has now crossed $40k dollars again. The reason for the  increase in the price of Bitcoin is to invest more in it. Some of the reason behind the increase in Bitcoin is the introduction of much more Bitcoin. Bitcoin prices were rising at a rapid peace. They always play the price until they are enough with the profits that they take. Be careful if there is a haype of FOMO about something to pump because it is not always true. It is better to do your own analysis.

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Re: Who have the power of driving force to moves bitcoin Price ?
« Reply #44 on: February 10, 2021, 09:36:34 AM »
Todays bull run season is mostly powered by institutional investors entering in bitcoin this is no doubt its been speculated before and now into reality and I think more and more companies CEOs want to add btc into their balance sheet they followed popular personalities like Elon Musk he mostly shill bitcoin in twitter to its millions of followers and I think its very effective strategy to attract small and big investors to finally enter crypto.   
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