What rule the price of Bitcoin

[Munareal]

Basic economics has show that  demand and supply determines the price of a commodity. Which human factor do you think influences the price of bitcoin
1.Panic
2.Ego
3.FOMO
4.FUD
5.Whale

[Quart]

I think all of them can influence the price of bitcoin. We cannot choose one of them yet all contribute to give impacts for bitcoin price.

[Black ID]

Whales are the cause of the rise and fall of bitcoin prices. I think whales are a community. They will work together to make negative and positive issues that will affect the number of coin requests. After that, they can play prices easily.

[diygirl]

Factor number 1 is the factor that most influences the price of bitcoin. People who panic will sell coins easily when they hear bitcoin go down. And they will sell coins on a large scale which causes bitcoin prices to fall.

[dominoes]

I think all of the above mentioned were true. The common issue why the price of bitcoin pump and dump because whales controls the rebound. They own great volume of btc that can change the price in any moment as long as they desires to do so.

[diygirl]

I think everything you mentioned is true. These five points are what causes the rise and fall of bitcoin prices. But points 1 and 5 are the points that play a big role in the rise and fall of the price of coins.

[mikesmat]

Just like physical currency, the demand and supply controls the price or value of bitcoin. If the demand is high prices shoot up but if the demand for bitcoin is low prices go down.

[jonathancool220]

Whale Factors are very difficult to control.
Whenever he wants it will definitely make the price of Bitcoin sway.
He can create FUDs everywhere by paying famous media about Bitcoin.

[mahadev]

Basic economics has show that  demand and supply determines the price of a commodity. Which human factor do you think influences the price of bitcoin
1.Panic
2.Ego
3.FOMO
4.FUD
5.Whale

I think the human factor that influences the price of bitcoin is panic seliing and panic buying.

[Barkas]

indeed there seems to be something that regulates the movement of bitcoin prices, there is a team behind it, but many users can also influence the value of bitcoin .

[gribble]

I think that the factor that affects the price of bitcoin goes up and down the price of bitcoin. I think the pope. is a community. they will work together to create problems that will affect the number of coin requests after that they can play prices cheaply so people will panic and sell coins easily when they hear bitcoin fall and they will sell coins on a large scale which causes the price of bitcoin to fall.

[Jun]

indeed  the main factors why bitcoin price goes up and down the greedy of human team behind to regulate price of bitcoin.this problem we can't solve because of greedy,the play people by creating problems that people panic and easily sell their coin. we can't control price because no one control greedy people

[Nanagyasi]

I will go for panic above all else. The basic economic principle is affected by both panic selling and panic buying such that when many peple do panic selling, then value will go down and vice versa

[densus88]

Basic economics has show that  demand and supply determines the price of a commodity. Which human factor do you think influences the price of bitcoin
1.Panic
2.Ego
3.FOMO
4.FUD
5.Whale

I think the human factor will influence the price bitcoin is panic. It will affect the demand of bitcoin.

[Mikam]

we can't control prices because no one is controlling greedy people. the main factor why bitcoin prices go up and greedy against the human team behind to regulate the price of bitcoin. We can't solve this problem because it's greedy, people play by creating problems that make people panic and easily sell their coins.