question Who Controls Bitcoin Price?

[Vina Ameliar 67]

The majority controller of the price bitcoin is supply and demand, whale maybe can change a little bit for a moment , but they cant doing it for a long last, and dont forget the influencer figure can make change the price too., 

[LEOGOK100 69]

The price of a bitcoin is determined by everyone who wants to participate in its buying and selling process, essentially its users. Although multiple factors play a role, ultimately it always determines your price. Trading bitcoins allows you to distribute it and profit from it. As in other scenarios, producers (in the case of Bitcoin: miners) can propose a price when selling their bitcoins to interested parties by reaching agreements. Imagine the typical deals between two people, one proposes a price and if the other, between haggling, is willing to accept it then the transaction is made. This can be done on the street, and it is done. But, in a computerized world like ours, it is more common to see this type of deal on specialized online platforms optimized for it. The well-known "Bitcoin trading platforms". In the trading markets you also have no obligation to buy a whole bitcoin, you can buy pieces. Remember that 1 bitcoin is made up of 100 million “cents” (satoshis). If a Bitcoin is worth € 1000, you can buy 1 euro if you wish. When another offer to sell matches yours, the transaction is automatically made. This purchase and sale operation makes, only on that platform, the price of bitcoin is set at the price of the exchange made.
 

[cansuguzel 44]

On 3/28/2020 at 5:31 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 Bitcoin price is determined  entirely according to  the movements  of people  trading in the market . But some people are rich , some are intermediate . That's why not everyone's purchases are the same. There are price differences .

[FeDa2110 76]

Nobody controls the price of bitcoin, the price that bitcoin currently has is something that has been produced over a certain time, some of these factors are its supply and demand, its low supply (21,000,000) and its difficult mining escalation. , its functionality and technology, although many other cryptocurrencies have been improved, we cannot ignore that bitcoin was the first and established the way forward for all other cryptocurrencies.

[ChupriN03 53]

I don't know who control the Bitcoins but i think that it is like wallet street have a lot of people that invest in actions or somethin like that and then the market make that this actions grow up or not, like bitcoins i think that this is the way that increase your value! it's just need time to grow up more!

[Albany1209 210]

          Sharing my opinion and of course respecting yours (in which I differ a bit) I consider that if it is true that there is technical analysis to be carried out, but unfortunately it influences more (and it happens frequently) public opinion (that a president said, events somewhere of the world, etc). You have to be informed of what is happening in the world.

[qaptcha 10]

all cryptocurrencies replace value any second, just like bitcoin. There are many reasons for cost configuration. the merchant and the client have every chance to come up with a cost, yet each event has the opportunity to change the cost, for example, a crown, or every event that has meaning in the world

[Jaysen0104 536]

it depends on the demand of the bitcoin if there is a large demand there will be a possible increase in the bitcoin price. and if there is low demand on bitcoin the price will decrease. this is baseon my observation and i guess all of us notice this everytime.

[its.cryptologic 163]

I don't think one person can control the Bitcoin price, they may have some influence but not control. Perhaps there will come a time where everyone is plugged in via API and using their funds for liquidity, then maybe AI will take over and start to control prices.

[shervin77 361]

The change in the price of bitcoin depends on many factors, one of the most important factors is the amount of supply and demand, and the second reason is the entry of whales in supply and demand.
Whales are those who have large amounts of bitcoin or other cryptocurrency that affect prices as they enter and exit the market.

[Ramy Hesham 67]

The decline in the value of national currencies in many countries, similar to the countries of the European Union, so that Bitcoin has become another haven for individuals and investors who are looking for solutions to preserve the value of their properties or invest in new and promising assets. In addition, many other digital currencies such as "Litecoin" and "Ethereum", which are still considered promising currencies, and their price does not exceed a few dollars, cannot be acquired except through Bitcoin. So that every investor must own Bitcoin to obtain the other digital currencies, the skyrocketing bitcoin pushes many to own other digital currencies that are still emerging in order to benefit from their low price and wait for the Bitcoin scenario to repeat.

[Diego Alfredo Moral 28]

On 3/28/2020 at 5:23 PM, Nezar said:

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

Good morning friends. That's right, to this answer we must also add the people / companies that own many Bitcoins, which when buying / selling, make the price very volatile. We are talking about millions of dollars.

[chihab 29]

On général si l'offre et la demande mais ils y-a aussi les plateformes et beaucoup plus les grands poisson sa se passe comme ça dans tous les domaines

[sunnynguyen 98]

the price of bitcoin is driven by a desire to own. without long desires I wouldn't buy bitcoin. If no one wants, bitcoin makes no sense

[Cryptonix 135]

As for any cryptocurrency exchange rate, not just bitcoin - the first logical factor for changing the exchange rate is the ratio of supply and demand, as for any popular asset on the exchange. The exchange rate increases when demand increases, if people are ready to buy and buy, and decreases if demand falls.

[Yelitza Marrero 61]

BTC does not have a regulatory body, so its transactions are irrevocable

[Alex535678987654 12]

Экосистема биткойна состоит из многих людей, которые работают на блокчейне. В частности, каждый пользователь биткоина, каждый человек с кошельком и каждый торговец работает в сети. Записи об их балансах хранятся в блокчейне. Они также используют его для проверки балансов других людей, которые отправляют им биткоины, принимая все записи вплоть до их создания. Майнеры также включены в эту группу с теми же правами, что и все остальные пользователи. Давайте назовем эту группу биткоин-сообществом.

[Nikkikrrr 93]

Bitcoin is controlled by everyone who buys it, because the price of bitcoin depends mainly on how it is bought, if they buy a lot, the price will grow, if they stop buying, the price will fall so that btc will start buying again

[alein 49]

it's all about the balance of supply and demand. sometimes whales break the balance. Buying and selling is usually carried out according to tecnical analysis. 

[jourdain 28]

bitcoin is a strong digital currency and the market is one that controls its value on demand and its price is high due to its wide reach

[Michar1 1693]

Hello, the price of bitcoin depends on the people, from those who buy that make the price go up, and those who sell that make the price go down the more amounts of bitcoin are bought or sold, the greater the change.

Edited November 14, 2020 by Michar1

[sofiaqq 25]

Bitcoin and cryptocurrencies in general are controlled by the demand and supply. People sell and buy and this make fall or high the price. 

[Yelitza Marrero 61]

Supply and demand control its price since this type of currency does not have regulations of any kind, therefore theft, that users have no one to claim in case of fraud, theft, loss or change in value

[juliofox1992 108]

Who controls the price is very easy because we are a decentralized currency which grows if we grow and bring together more people. And the other thing is that the future of this model will be global because the faster we teach people the more they will grow and the banks will be part of history.

[Captin 0]

Hello my friend .. The one who controls the rise and fall of Bitcoin is the amount of supply and demand .. An example of this: When one of the giant deals is done in bitcoin currency, this leads to the purchase of a lot of it and thus the increase in demand for it and its price rises .. This is a rule in economics. In the market it is more expensive