Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Zurcemozz on November 12, 2018, 11:58:40 AM
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How does bitcoin Value Price work, if the investor and Miners is the reason why is it still not pumping up, or no one whod like to invest on it ? any info guys, please dont be harsh
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I think it's not time for it to increase again because some people are manipulating the price to keep it low. But sooner or later we will see again some good increase.
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How does bitcoin Value Price work, if the investor and Miners is the reason why is it still not pumping up, or no one whod like to invest on it ? any info guys, please dont be harsh
Because there's no demand at the moment. Investors are reluctant to put their money right now because of several reasons:
[1] still waiting for the ETF decision
[2] many investors got burned already. not willing to risk more money at the moment.
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I think it's not time for it to increase again because some people are manipulating the price to keep it low. But sooner or later we will see again some good increase.
Yes I agree mate. I think It is the right time to buy bitcoin. I believe the price will rise again soon.
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How does bitcoin Value Price work, if the investor and Miners is the reason why is it still not pumping up, or no one whod like to invest on it ? any info guys, please dont be harsh
I see all crypto currency is struggling now, It is recovering slowly. So I believe It is good time to invest, The price is low.
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Sources report that current BTC mining costs are from 500 usd (Venezuela) up to 26000 usd (South Korea) for 1 BTC. So if first mined BTC were valued at cents, today BTC is valued at thousands of dollars and we see that mining costs are rising every year, one would expect constant BTC price increase
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Miner just broke the block to get it so he was just looking for it, not buying, so the price wouldn't go up, but the existence of a bitcoin mineral supplier was getting thinner, so it was increasingly difficult to find, whereas with investors who would raise market prices for buying it for investment
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You do not have to make it complicated. As many already observed, Bitcoin price can be influenced by positive or negative news but it is driven mainly by buyers and sellers (pumpers and dumpers) not so much of miners. More buyers than sellers usually lead to an increase in price. If it's the other way around, then expect a decrease in price.
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I think it's not time for it to increase again because some people are manipulating the price to keep it low. But sooner or later we will see again some good increase.
Yes I'm also agree because of the struggle now in the market the bitcion is very cheapest so or maybe this is our timi to buy more bitcion and hold it till the price in the market is increased
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The value of anything come from the demand on it, no matter what minners or investors want, if there is not enough demand to back up what they want the price will never gonna move up. But there is another factor playing here which is the big whales, sometimes even with good demand whales that want the price stays at this level will build huge walls of selling orders which usually more than enough to stop the trend.
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How does bitcoin Value Price work, if the investor and Miners is the reason why is it still not pumping up, or no one whod like to invest on it ? any info guys, please dont be harsh
I see all crypto currency is struggling now, It is recovering slowly. So I believe It is good time to invest, The price is low.
I agree mate. All crypto currency is struggling now. But I believe they will rise soon, I predict at the end of this year.