question Who Controls Bitcoin Price?

[Rashid Ali 84]

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!

The people who trade through Bitcoin,change it's value. Because when they buy it and keep it, it's price rise in market but when they sell it , the price go down. So investor may directly control it's price value.

[Nupeboy 627]

Well for me I don't think there is any body that control bitcoin it can only be control by the supply and demand because whenever there is enough of bitcoin then the price has to be low that is to say people will not demand for it much 

[yonkii 3205]

You are funny @Cammer ! What makes the price go up and down it is the market. Those that want to buy and the sellers, those that have Bitcoin. The price is decided by them. Bitcoin price has differences from other goods or assets. It is a currency but has fixed supply, so it is more like gold, or like the gold currencies we used to have until the middle ages.

[hatambaba 1064]

There are many different reasons that influences the Bitcoin price and make it up or down For example: the news, updates in bitcoin technology, whales movement and etc. But the basic of these factors is supply and demand in the market,

[Danial0999 557]

I think that when the demand for the currency increases, its price increases, and when the demand for it decreases, this causes it to decrease. This is one of the most important reasons

[FA1891MA006 367]

The price of any bitcoin is controlled by its developers. Cryptocurrencies are decentralized too but it is controlled by a network which works worldwide. Thanks!

[Sp19a1ma019 1076]

It's depend on our investment and believe in the coin the not knowledge more people to control. My opinion is that most of investor are hold most of coins and that is why it is stable. 

[Bsh 75]

We know that fiat currencies are controlled by governments and banks, and our next question is who controls Bitcoin. The simple answer to this question lies in the nature of decentralized digital currencies
There is no authority making decisions regarding the Bitcoin network; And everyone has a saying in this network
What actually controls Bitcoin: a majority vote; Since everyone in the network is equal, when the majority decides on something, it will happen.
But who controls the Bitcoin network? Some might speculate that it is the programmers, who are discussing how to develop and improve the network, but again, the majority should be the ones deciding the future of Bitcoin, as no one gets any special or preferential treatment.

[mea3d 249]

Bitcoin cost is constrained by numerous elements including its interest among public, its stockpile in electronic market, winning economic situations and a few times large crypto whales

[Pereira 2303]

The price of bitcoin or any cryptocurrency always rises or falls depending on the fluctuation of purchases or sales of each said cryptocurrency, if buying a huge number of people the bitcoin rises exponentially, if they sell the same number of people the bitcoin exponentially decreases the bitcoin .

[Babar Ali 914]

There is no man or institute which is controling its price .Its price will increse when there will be more buyer and its price will decreas  when no one buy it and all are interested to sell it.So its price is automatic.

[Adam786 560]

I think the price of the Bitcoin is controlled by the traders and investors because when there will be the lack of Bitcoin in the crypto market then its price and demand will increase and vice versa.

[habib ur Rehman 207]

I think the price of bitcoin  is controlled by the forces of demand and supply because the more bitcoin is demanded, the higher the price and the less it is demanded , the lower the price might be reducing now due to the low demand..

[Choudhary umer 0]

You asking about who control the price of Bitcoin I tell you that there is no individual person who can control the price of Bitcoin or handle the price when the Bitcoin trading in the market on high level are you can set that when the market is bull the profit margin is good

[Mir Hamza 2888]

Bitcoin is a cryptocurrency whose price fluctuates very quickly and no one can control its price. The price of bitcoin depends on its demand and its supply. If its demand is high then its price will also be high and if its demand is less then its price will also be lower. And no one can control the price of bitcoin. Its price is only on demand and supply.

[Aliraza2 318]

It depend on economy when your economy down then its down many factors on the relation like demand and supply are also involved to price control when the people purchase more then its prices fall even the purchasing more and more then its value upward.

[buttler88990 619]

We want to know a lot about who controls Bitcoin, then we can find out something good here. Hopefully if we know something good about Bitcoin, we won't be able to come up with a lot of ideas here.  Here we can find out very easily if we have to try well

[milyapsak0901 693]

Hello my dear friend, i think bitcoin price is depends on the exchangers because they're the biggest whales. I heard that binance have more than 100k bitcoin whic is incredible. That's why binance and other big exchange can manipulate the price, if there's a a lots of long position they will dump the price and if there're more short position price can increase.

[Shemalia 383]

 Price of bitcoin determines several factors, including:

1- The quantity of supply and demand for bitcoin.

2- Speculators who have huge amounts of bitcoin interfere.

3- The price of bitcoin also increases with the increase in the number of companies that depend on using bitcoin as currency for their products or services.

[Miad 371]

My friend bitcoin price is not controlled by any man.  It should be control by buyer.  If buyer deman it its prices increase and no buyer is found its prices obviously decrease.         

I think you understand my friend.    

[Dadoo 219]

He controls it is his buying and selling And whales who buy huge amounts of money or sell huge quantities of it, all of which have an impact on its price and the halving effects the price to through reducing the amount of bitcoin that product. 

[MalikAdnan 1662]

I think it's very important. It is for you no one here can control the price of bitcoin because it is a blockchain system so no one can change it and control by demand and supply chain so that is simple.

[Ajom 3]

I can say something about crypto if you work and earn money and if you work you will get paid 100% sure you work and earn money without it I want to work as a crypto teacher in places where I want to do something new

[Burlin 230]

Bitcoin cost isn't constrained by an individual rather the cost change because of the degree of interest and supply on the lookout if request is high and supply is low unquestionably the value will in general ascent however in the event that the stockpile is high and request is low the value diminishes.

[SafdarAli 333]

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!

Hi brother I think it all depends on the demand, if its marketing rate will be high, then it means that the demand is higher nowadays and if its value will be reduced, then understand whose value is decreasing, besides many reason.