question Who Controls Bitcoin Price?

[Amr Abdelbaset Dahy 23]

The bitcoin is mother of the crypto and the chief controller of altcoins so the price of bitcoin depends on mining it and trading of investors the ask and demand 

[toufik007Y 39]

An important question and I have been looking for an answer to this question as well. Ask whoever has the answer or useful information to share it with us because knowing what controls the value of the digital currency helps avoid mistakes when trading.

[Evgenij413 17]

Hi. The price of any cryptocurrency is regulated by supply and demand. If someone urgently needs to sell their coins, they will set the price lower. The cryptocurrency price is the lowest price available. For example: 4 people put up their bitcoin. Prices are as follows: 1$, 1.2$, 1.97$, 2$. the price of bitcoin will be equal to 1$.

[irisebrachog 65]

The market makes the price of bitcoin rise and fall every second, analyzing the market we will know how it moves, are those who buy and sell that we make a small change in the price of this currency. 

[Kevin González 33]

Exactly there is no group of people, entity or country that controls the price of crypto currencies. Because their goal was to be totally free, but the price of these digital assets has already changed.
Because the price is imposed by the users themselves, this means that when there are many people willing to buy Bitcoin for example, its price will increase. This is known as supply and demand, the more demand there is, the more the price will increase.

[Fabián Sevillano 252]

Bitcoin is not controlled by any financial authority, in part we all influence their control in some way. There is not necessarily a person who is in charge, but there is a whole community, a society that decides to carry out this program or be part of the system and together they determine the rules, how this money works. There is no company, no CEO or government body, but rather all users carry the coin forward. In the event of fraud, theft, loss or change in the value of the currency, no one has anyone to claim. This currency is very volatile, one day its price increases as well as another day its price decreases.

[Keibel 8]

The real price of any cryptocurrency, is controlled by the purchase and demand that that currency has in the market, you can see the prices in CMC

[Mdavlat 25]

No one can control Bitcoin. It's price is rising and falling because of investments. When people are investing a lot of money in BTC, it's price will rise. If people gonna sell their BTC, the price will fall. That's it.

[Murdishwara 24]

On 04.10.2020 at 18:58, f9ferandez said:

It is a market controlled by bots seeking liquidity, qualitative monitoring technical analysis is the apophenia. It is the era of quantitative trade.
The market is moved by high-frequency bots looking for liquidity (Stop loss etc), and market makerts bots provide liquidity.

No, as we see, the price of bitcoins are affected by the world events that can influence the global exchange so just like the pandemic it drops the BTC value but it will continuously rise up once everything is back to normal. It seems not easy but it is so.

[fatimateta 175]

It is all about supply and demond, what influences this factor is things like news, updates in bitcoin technology, also whales control most othe market to make it up or down

[Hunterdakka 25]

On 3/28/2020 at 6:17 PM, rekter said:

Supply and demand, there's nothing more to that. Whales can sometimes control the price by suppressing it and make more money by shorting it, but when the demand gets too high, even the whales don't want to hold the bulls down. Those are the fundamental reasons.

 

If you want to know more about predicting those price fluctuations you should study technical analysis, I am not even starting to explain TA in this answer because that's a huge subject with lot's of different opinions and indicators.

In addition to what you said, exchanges play a big part concerning the matter, if Binance closes for one hour crash in BTC will happen. 

[Matias Conforti 89]

I think that the price is manipulated by the great whales of the market, but I think that it is also the same in the rest of the financial markets (stocks, options, etc.), those super abrupt movements suggest that it is very manipulated

[Alex_Man 68]

Of course it is Illuminate and Satoshi Nakamoto! 😀

 

if really, this is a easy economics scheme there one buy another sell.

Just with big amount of money! 
 

push ❤️ And I will too!

[isther69 521]

When the available supply of any product decreases and its demand increases, the cost will increase exponentially. The process is similar to when investors turn their attention to assets traditionally viewed as stores of value during market crises.

[ivan1234 65]

the price of bitcoin is controlled by developers and miners, although the currency is decentralized, but it is controlled by these people and they are a network of people worldwide who check transactions

[rafatu 26]

bitcoin price is been controlled by the forces of demand and supply. sometime the price is influenced by news and current happening within the crypto world.

[RDvamohaya03 36]

226/5000

 

 

 

I think that everyone who has bitcoin has control since it is not in a bank or in a company of a government that controls the currency, here each person has a person who has the largest amount, they have more control

[Mzizo 24]

It would be a good idea to ask and check before you pick, because nothing is certain at the present time and scam is everywhere, so there is no sure method to recognise scam coins, but ask some experts to help you

[Murdishwara 24]

On 03.10.2020 at 21:30, Sergiowa said:

I would say it is as simple as that. The price is controlled by the market. You can have millions of bitcoins but if there is nobody wishing to buy it or there very few people, you won't sell it at high price.  And as rekter said those notions "supply and demand" will move the price in the relevant direction. And it is general for the market, either it is bitcoin or just rice, gold, etc.

Maybe the topic starter wondered about those who is behind the figures of supply and demand, who is actually providing that supply to the market. Here I stick to the opinion that the major holders do that, they may be called whales, developers/creators but they do hold the amoun of coin enough to move as per their intentions.  

look at this list. I guess it is so:

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.

And it can be real.

[escmys 15]

Btc price increases or decreases according to the supply-demand balance. It also affected by the number of  cryptocurrencies and the cryptocurrency exchanges traded.

[TimopheyKa 3900]

In fact, in most cases - it's the people themselves! Because they control prices, whales and hamsters. Someone takes cheaper , someone sells more expensive, such is the system! And of course, various economic factors that can sometimes hit the cryptocurrency hard!

[Haseweleh 29]

i don't know the really control price bitcoin .. but i think we trader control the price .. if many trader sell the bitcoin and bitcoin can be going if many trader buy bitcoin and bitcoin can going up is the demand .. maybe the news too is important for the price bitcoin

[No_Regrets 29]

Bitcoin pricing is influenced by factors such as: the supply of Bitcoin and market demand for it, the number of competing cryptocurrencies and the exchanges it trades on

[TomyDax 18]

Generally speaking, there is no person or organization that controls the price of Bitcoin, what decides the price is the supply and demand, it is almost like other currencies such as the dollar or the euro, only that it is not controlled by anyone.

[WillSol23 267]

The market, the companies with their advertising campaigns, the large companies are the ones that I would say control this important cryptocurrency, since they are the ones that make people include this currency in their financial life and begin to use it, and thus maximize the flow from it, and make the market grow and lead to price fluctuations.