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    Author Topic: What determines bitcoin value?  (Read 277 times)

    • cizatext
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    January 23, 2018, 06:36:13 AM
     #21
    The value of bitcoin like every other commodity in the market is determined by the demands for it, in any business or investment what determine the value is the demands for such goods and bitcoin is not an exception. The law of demand and supply is apply to bitcoin when the demands is high you see the price will rise and if the demands is low the price goes down that is how it is.

  • ardyology
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    January 23, 2018, 06:47:06 AM
     #22
    Bitcoin has all the features of Gold: fungible, divisible, acceptable, limited in supply, uniform, portable and durable. Ofcourse, there is demand and supply or surplus and deficit in the market that
    determines the value of bitcoin. Also, Bitcoin is useful and has network effect. Bitcoin is by far the most distributed and decentralized project until this moment in the history of humanity. These are just some factors which gives Bitcoin its kingship right now in the world of crypto.
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  • Adeyemi
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    January 23, 2018, 06:52:32 AM
     #23
    There are many factors that determines the value of Bitcoin. Demand, supply, scarcity, FUD, regulations, and other factors. Don't forget that Bitcoin is a digital asset and a means to store value. That mean that it is prone to market manipulations by the big players who are constantly looking for profits.

  • lili song
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    January 23, 2018, 08:09:30 AM
     #24
    Especially demand and supply will effect the value. If many people sell their bitcoin, the price will drop and if many people buy bitcoin, so the price will up. That thing can determines bitcoin value. But bitcoin value will increase, because in the world bitcoin have a limitation to buy.

  • teejaymuna
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    January 23, 2018, 08:34:27 AM
     #25
    You said it al. An increase in demand drives an increase in BTC price. This is the major factor that controls the BTC price.

  • MilkBi
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    January 23, 2018, 08:47:04 AM
     #26
    I think there are a lot of factors to determine the value of bitcoin, demand, scarcity, supply ... Especially the demand and supply will force the value and bitcoin value will increase, because in The bitcoin world has a limitation to buy. Do not forget that Bitcoin is a digital asset and a means to store value. That means big players who are constantly looking for profits are likely to be manipulating the market.

  • bee3164
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    January 23, 2018, 08:50:00 AM
     #27
    I don't think this is as straight forward anymore. Especially with the future markets now. I feel it's highly manipulated for the big boys to earn maximum profit. Best way is to buy and HODL long term.

  • TutorShow
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    January 23, 2018, 10:30:13 AM
    Last edit: June 27, 2020, 03:11:42 PM by TutorShow
     #28
    market cap determine price of bitcoin which mean the value of it.
    you can determines bitcoin value when you are ready to pay more to buy more buy.
    people who buy are ready to buy is what determines  value
    daily supply and demand detect moving stable point up and down this stable point is price.
    any exchange site have it’s own stabilize point. so that price changes

  • Portgas ace
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    January 23, 2018, 10:37:47 AM
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     #29
    Quote from: kingkats0803 on January 23, 2018, 01:12:07 AM
    Hi guys!
    I'm new here and just wanna ask what determines bitcoin value?
    I know that everything is about supply and demand, but would like to have a more detailed knowledge with regards to this.
    Any help extended will be greatly appreciated guys.

    If that determine the market price that according to me because the and the amount of demand who want to buy bitcoin, and because sedikitnyapun total supple, we’re already know that bitcoin in this world limited by because it’s the person vying to buy bitcoin and therefore the price bitcoin began to rise.
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  • daduremi
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    January 23, 2018, 03:57:14 PM
     #30
    The most affect the value of bitcoin is media
    If the media preach negative things, investors will panic and they will sell their assets on a large scale, to secure their assets, and that will keep interest rates down.
    and vice versa, if there is positive news will be a lot of buying and selling transactions, and if there is a large number of bitcoin purchases it will have an impact on drastic price increases.
    That's my personal opinion

  • ThePresident
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    January 23, 2018, 04:15:45 PM
     #31
    For me, what determines the BTC value is the demand and supply of it in the market, when high numbers of BTC was traded price go down, same goes when high numbers of BTC was bought value goes up. Smiley

  • DRVX
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    January 24, 2018, 03:12:25 PM
     #32
    Quote from: Haunebu on January 23, 2018, 06:31:03 AM
    Quote from: mrtryonebiggums on January 23, 2018, 05:19:01 AM
    Supply and demand is the basics but the nitty gritty is the people who are involved in the markets and these people act rational at times and irrationally other times. This back and forth between rational and not gives rise to crazy unpredictable movements which not even the best of traders can pinpoint. Ie nobody knows why there is value all we know is this technology is great and we want to be involved with it.
    I agree with you here. The reason why the crypto world is extremely volatile in the first place(More volatile than the stock and forex markets) is due to the minds of people which get swayed easily for different reasons like FUD(Example: Recent South Korea Ban on crypto exchanges). People tend to trust bitcoin over other altcoins majority of the time though due to its popularity and value in the modern world today. Supply and demand is indeed the primary indicator of bitcoin value, but there are many reasons like real world events, FUD etc which tend to affect bitcoin in a small or big way!

    There are many factors that determine Bitcoin value. The main one is the belief of people in this crypto. Then capitalization affects its price (and very much). The demand for BTC is the third great reason to change the price of Bitcoin.

  • shezu007
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    January 24, 2018, 03:53:37 PM
     #33
    Quote from: DRVX on January 24, 2018, 03:12:25 PM
    Quote from: Haunebu on January 23, 2018, 06:31:03 AM
    Quote from: mrtryonebiggums on January 23, 2018, 05:19:01 AM
    Supply and demand is the basics but the nitty gritty is the people who are involved in the markets and these people act rational at times and irrationally other times. This back and forth between rational and not gives rise to crazy unpredictable movements which not even the best of traders can pinpoint. Ie nobody knows why there is value all we know is this technology is great and we want to be involved with it.
    I agree with you here. The reason why the crypto world is extremely volatile in the first place(More volatile than the stock and forex markets) is due to the minds of people which get swayed easily for different reasons like FUD(Example: Recent South Korea Ban on crypto exchanges). People tend to trust bitcoin over other altcoins majority of the time though due to its popularity and value in the modern world today. Supply and demand is indeed the primary indicator of bitcoin value, but there are many reasons like real world events, FUD etc which tend to affect bitcoin in a small or big way!

    There are many factors that determine Bitcoin value. The main one is the belief of people in this crypto. Then capitalization affects its price (and very much). The demand for BTC is the third great reason to change the price of Bitcoin.

    The main thing which determine the bitcoin value is invest of the people in the bitcoin. If the bitcoin invest is high the value raised and the more people make invest due to raising of the value. The invest rate go high when the value is stable or going up. People does't like the value down step, but in fact the down step is a good time to invest in bitcoin. For the deteminition of the bitcoin value the high invest is important and for the investment of people , they want stable value or raising value.

  • rolls89
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    January 24, 2018, 03:59:50 PM
     #34
    Simple law of economics Demand and Supply.More the demand,more the price...lesser the demand lesser the price.The same way price of any of the other things is determined.

  • jigsaw97
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    January 24, 2018, 04:01:19 PM
     #35
    Quote from: rolls89 on January 24, 2018, 03:59:50 PM
    Simple law of economics Demand and Supply.More the demand,more the price...lesser the demand lesser the price.The same way price of any of the other things is determined.
    This is what you have to study for that you are seeing and analyzing how you are able to knwo how it may have value same on the way of researching something that was new to you may better study on that for.

  • AlexsanderGusev15
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    March 29, 2018, 11:13:57 AM
     #36
    Yes indeed Now is the time to buy Bitcoin is very profitable because it began to cost less so all I recommend to invest and be rich)

  • AlexsanderGusev15
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    March 29, 2018, 06:04:26 PM
     #37
    Bitcoin is a digital currency that has grown many times already. Previously, it still cost more And it was necessary to buy but still it is quite expensive
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