How come prices fall or rise if no one controls it?

[Benwilder]

Although we hear and believe cryptosystem is not centralized, how then does the value of currencies fall or rise? Who or what determines that. Dont you think there a body that manipulates the market

[Patellaa]

I ponder on this several times and yet i tend to get no answer. It is very strange but lets keep on with the belief that crypto is not centralized,until further proven it is.

[laughingburger]

Although we hear and believe cryptosystem is not centralized, how then does the value of currencies fall or rise? Who or what determines that. Dont you think there a body that manipulates the market

Government should be one of the main body although we know crypto is not centralized but indirectly government can do major damage to the crypto space more than you know. There might also be possibility that big market player is also hiding somewhere inside the crypto space and they might be in a group so they are able to deal more damage on the prices of crypto.

[rsremove21]

yes cryptocurrency is a decentralized. the price in the market rise and fall because of the member that have a lot of holdings and ofcourse because of the team. in terms in BTC. the whale is the answer why the price goes ups and downs. read some articles about whale buddy. you will understand all about how the whales control the market.

[expander]

The factor that determines the rise and fall of crypto prices is the amount of market demand and supply. If demand increases, the price of the coin will rise. And if the demand falls, the price of the coin will also follow.

[ivanleon]

Although we hear and believe cryptosystem is not centralized, how then does the value of currencies fall or rise? Who or what determines that. Dont you think there a body that manipulates the market

A very strange question, because the decentralization of cryptocurrency does not guarantee a stable price, where the principles of the free market work.Especially because most of the cryptocurrency exchanges centralized, so they manipulation can happen.

[Fenix]

Although we hear and believe cryptosystem is not centralized, how then does the value of currencies fall or rise? Who or what determines that. Dont you think there a body that manipulates the market

Nobody really controls a cryptocurrency, and its price is formed solely on the relationship between supply and demand, which are never constant, because there are millions of cryptocurrency owners and investors who make various controversial transactions on the market. Taking into account these transactions, the market itself reacts in the direction of increasing or decreasing the price of a particular cryptocurrency.

[tamango]

Even if there is no central institution that control crypto, this market is very small compared to traditional finance so big players can easily manipulate it.
Also, exchanges are not so transparent so it's proved that many of them have a fake liquidity and manipulate prices to make more profits...

[Refanjr]

Crypto memang tudak berpusat itu semua terjadi yang mungkin hanya terlihat dari permintaan dan penawaran sehingga menarik investor untuk bermain ditransaksi pasar crypto

[gribble]

Yes, I think, no one will truly be able to control cryptocurrency, and its price because it is formed solely between supply and demand, which is never constant, because there are millions of cryptocurrency owners and investors who make controversial transactions on the market. Taking into account these transactions, and making the market itself react towards an increase or decrease in price

[Delgboke]

Yes crypto is not centralized but I think there are some institutions that are kicking against cryptocurrency and treat from the government also affect the rise and fall of cryptocurrency price and this affect the value rate.

[spark]

Although we hear and believe cryptosystem is not centralized, how then does the value of currencies fall or rise? Who or what determines that. Dont you think there a body that manipulates the market

I think some people place is trying to manipulate the market, but if people become panic, then the price will go up and down too. The panic emotion can give the biggest impact on the price and sometimes, the price can move in the unknown direction. But after the panic is gone, the price will be back to normal and will start to increase again.

[cashbit]

Because the current market conditions in crypto are not very conducive. As high as creating market activities that are unpredictable and also cannot be predicted accurately in the future. At the moment it's a good thing for us to keep paying attention to the Crypto market so we will still know the market situation when it goes up and down.

[horseheadnebula]

Of course there are manipulators just like every market. However I think most of the rise and fall totally depends on the market actions, hype, publicity, adoption. BTC got so much attention and media hype last year around December and it rose high up like crazy. In a market prices can rise and fall. This is totally normal and it's a market cycle.

[Zed0X]

Although we hear and believe cryptosystem is not centralized, how then does the value of currencies fall or rise? Who or what determines that. Dont you think there a body that manipulates the market

A very strange question, because the decentralization of cryptocurrency does not guarantee a stable price, where the principles of the free market work.

Exactly. I got confused from the OP's statement. When we say decentralized, expect price volatility there's nobody can really control it. People will buy or sell at any price they decide to and you can't do anything about that one.