question Who Controls Bitcoin Price?

[Locy 575]

I think it has no price controlling system. The price of bitcoin depends on market. When the demand of bitcoin is higher than the price of BTC are also high.

[Alexbhati12 0]

Hello friend, there is no particular individual or association that controls bitcoin cost, since it follows a decentralized framework. Its cost is chiefly constrained by request and gracefully factors. However, clients with huge measure of bitcoins has the ability to control its cost somewhat. So when the interest builds cost increments and the other way around.

[Jat Ala 377]

Prices of a currency is not controlled by someone, even the price of object are sometimes not controlled by someone, we say a person or a team or an organization, it's always depends on demand and supply, less the demand more supply less will be price, more demand less supply more will be the price 

[setifien 1016]

Bitcoin is fully decentralized, so no one controls it (its price) but it's sensibly influenced by many factors such as supply and demand, events (like fork) news and rumors (for example eventual adoption), whales manipulations, and many other factors that are intergrated in the movements of btc price

[Artugul78 91]

Bitcoin is a very expensive coin.  Basically no one is controlling the price of bitcoin.  The price of Bitcoin depends on the demand for Bitcoin.  If the demand is high, the price is also high.  When the demand decreases again, the price decreases.

[Ramz99737 1196]

Well, thePrice of every crypto currencies depends on the demands and supplies therefore, we as a investor are the one who controlled its price,it all depends on us on how much we sell it to determine its price.

[Ponnnu 962]

Hey friend, cryptocurrency does not have a regulatory or controlling body, it follows a decentralised system. The price of cryptocurrency is affected by various market factors like supply and demand and economic factors will also affect the price to some extent. But the pricing criteria cannot be analysed accurately.

[Abdulrahman3 1252]

In all currencies, both encrypted and non-encrypted, currencies are said to rise and fall according to the demand for them, but I can tell you very clearly: This cannot be measured and watched.

[DEREKHALE 1110]

I accept that it influenced some of it. Fundamentally on this forum that enormous parts in btc are additionally exchanging stocks and different commotidies and when those market slumped, they probably sold their btc for their forex positions or other influence markets all together not to get their positions exchanged.

[ShiNorton 906]

On 3/28/2020 at 9:16 PM, Cammer said:

Hello dear friends. 

Do you know who or what controls the price of Bitcoin? On what basis does it go up or down?

Share your opinions!

Bitcoin price can't be control by a person or some organization should know it. Bitcoin price is controlled by community. Bitcoin is decentralized & whole comunity is the reason for price up & down. 

[Arslanbhai123 628]

Market demand control the Price of btc. As we can that its depend upon the elasticity of demand as economics says. As i read somewhere its controls by the developers and miners. The short the demand so that prices gpes high. As like all other markets btc market is influenced by big investers. 

[Serbberq 724]

The bitcoin is not control by any body, it all depend in demand and supply in the market, and the rules continues and demand and supply rises or dumps. 

[Steffqing 77]

Initially, during my first days of trading and learning, I initially thought it was some institutional investors but after years of learning, I have come to understand that demand and supply are the main pushers. If the supply is limited,those who hold the coin would increase it's price and those who are really in need of it, tend to buy at such high prices placed

10 hours ago, Arslanbhai123 said:

Market demand control the Price of btc. As we can that its depend upon the elasticity of demand as economics says. As i read somewhere its controls by the developers and miners. The short the demand so that prices gpes high. As like all other markets btc market is influenced by big investers. 

I agree with your first statements but that of it being controlled by Developers and miners, it is wrong. Bitcoin is almost completely decentralized and this means, it's not in the hands of a minority few, and as the network of people using it is large, a fraction of people have no control over its price. Although the whales do have some little strength in determining movements

[Shaza Ahmad 1682]

Many factors control the price of bitcoin, perhaps I can summarize it in the global economic situation of boom or depression and the policies of the great countries, and whales also play an important role in moving the price of bitcoin.

[Klaus sonal 0]

The cost of bitcoin is constrained by designers and diggers, despite the fact that the cash is decentralized, yet it is constrained by these individuals and they are an organization of individuals overall who check and sometimes it also depends on the sell and buy cuz when the ratio of buyer's goes higer the value of Bitcoin increases and when the sellers goes higher the value drop back to low.

[Zafar123 906]

The price of bitcoin is determined by the market in which it trades. In other words, its price is determined by how much someone is willing to pay for that bitcoin.

[Emma Wilson 1156]

Oh my dear, Bitcoin price mainly depends on supply and demand. When bitcoin demand is so high, this time its market is risen. Blockchain technology secured and complete our crypto transaction, for this it gets a rewards. By this bitcoin is mining. When bitcoin supply volatile, bitcoin price also volatile. I think you understand it             

[riazpakistani 911]

On 3/28/2020 at 8:31 PM, Cammer said:

Hello dear friends. 

Do you know who or what controls the price of Bitcoin? On what basis does it go up or down?

Share your opinions!

Dear @Cammer cryptocurrencies are decentralized no one control it but it's price related to it's demand and supply. This is the beauty of the cryptocurrencies. It's not like the fiat currency that can be hold by someone.

[SERCAN KIRMIZI 113]

As far as I know, bitcoin is a cryptocurrency that is constantly increasing in value. In other words, no one determines the price or anything of a cryptocurrency with such a high value.

[mon1 258]

Since we all know that bitcoin is decentralized coin its price is also not controlled by no one, i mean no one can regulate its price, but as we all know when large amounts of bitcoin is invested by investors its price rice and that means investors have some pressure on the price. but they can't control it.

[Dilawar 65]

Hello everyone!

The price of a bitcoin is determined by supply and demand. When demand for bitcoins increases, the price increases, and when demand falls, the price falls.

[Isika456 683]

There are many people who control currency but i also think that developer and miners are controller of bitcoin price.the supplyer and the demands of bitcoin is also controller.i think so .

[Malikjnb 1235]

It's price depend on the supply and demand of BTC. If it's price is high then it is demanded and if it's price is low then it's demand is low. It's price fluctuate depending on the demand. 

[Usnman 631]

No single person or group of people controls the price of cryptocurrencies. It is about supply and demand.  

 

The higher the supply and the lower the demand for cryptocurrencies, the lower their price and vice versa

[Razan alikac 1899]

Whales are among the most important factors that move and push the price of Bitcoin up, as well as the supply and demand ratio and news, as well as bears and bulls playing a role in the price of Bitcoin