Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Domithra on July 06, 2018, 02:35:28 AM

Title: We are the determinants of Bitcoin's value on the market
Post by: Domithra on July 06, 2018, 02:35:28 AM

Of course, we are the fuel which drives Bitcoin to its future of much higher price records. The quality of posts and our reactions towards news pertaining to Bitcoin have a strong impact on the price and value of Bitcoin on the market. It is always best to stay positve for Bitcoin in order not to cause FUD in investors.

Title: Re: We are the determinants of Bitcoin's value on the market
Post by: Eben on July 06, 2018, 04:04:02 AM

Some of the determinants of bitcoin value in the market include;
1.Bitcoin supply and increasing/decreasing demand
2. Regulations enforced by governments on Bitcoin transactions
3. Bitcoin in news: Influence of media on garnering negative and positive publicity
4. New technological changes to Bitcoin.

Title: Re: We are the determinants of Bitcoin's value on the market
Post by: sugarchrisp on July 06, 2018, 08:01:28 AM

That's true, but that means people with more money have more determination value too.  Which leads to price manipulations =<