question Who Controls Bitcoin Price?

[guatazoo 7150]

There is no anyone who chosen to be controlling bitcoin price, but the bitcoin price is actually controlled by the traders when they buy and sell it, but the biggest exchanges only have the opportunity to give impact to bitcoin.

[Raven 7817]

On 3/28/2020 at 11:31 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!

It depends on the supply and demand that's it. No one can control the price of bitcoin or any crypto currency. All of those currencies are depends on the supply and demand. 

[Hanan951 841]

Whales and the sharks like us lol. the whales buy alot then we go to buy with them they sell then the price fall down all the time that is their way to contact control the market price.

[Maroua 1159]

I do not know quite frankly who is controlling the price of bitcoin, this is a very important question, I am writing comments to take advantage of the responses written to you.

Edited April 7, 2020 by Maroua

[BTC Future 3946]

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 market controls the price. The forces of supply and demand. The supply is scarce and when demand goes up, price goes up as well. If noone wants to buy Bitcoin, then prices will go down. There are some efforts made by exchanges and tether to hold prices and buy when they drop rapidly, other than that there is noone that actually controls the prices.

[Trader21 1199]

3 minutes ago, Jay8 said:

the bitcoin blockchain was set up in a way which enables it to self control the price depending on the demands of the people who want to buy the coin

Indeed, l would say the market controls the price of BTC. As you above mentioned it depends on demands, if demands would be huge, prices will get up. 

[Virgil dijk 1431]

Well dear friend bitcoin price is controlled by no one , bitcoin price is based on the demand and supply of the currency , the higher the demand of Bitcoin currency the higher the price but when the supplies becomes much and the demand is less, the price drops down.

[sally1995 176]

Hello my friend
In my personal opinion
Bitcoin price controllers are the buyers and the sellers
In case buyers prevail, the price will go up
In the event that the sellers beat, the price will fall

[bentayebsalah 2280]

Control the bitcoin price is the power of supply and demand and the provision has a strong impact on the price of bitcoin because it has a large amount of currency and a huge financial ceiling

[malik6314193 5449]

I don't think any body control price of bitcoin. Demand and supply of bitcoin control the price of bitcoin. But i am not confirm about my answer. 

[ComeBackIsrael 185]

The price of bitcoin is controlled by demand on cryptocurrency exchanges, as well as by buy/sell orders. the higher the demand and requests, the higher the price.

[Ayush Singh 1175]

As all the cryptocurrencies are decentralised and no one have a sole control in it similarly Bitcoin also can't be controlled by any single admins are moderators it is control and its price gets affected due to the demand and Investments in Bitcoin.

[Jessica Karren 1242]

As my my understanding the bitcoin's price isn't controlled by any single entity instead it is controlled by the overall crypto market, the supply of Bitcoin and it's market demand for it, the cost of producing Bitcoin by mining process and by many other factors.

[Calvinpriva 17296]

This is somehow a hard questions because there are many people behind bitcoin but still we don't have the right answer who controls the price for bitcoin. But i think those who owns exchanges are also controlling bitcoin price because they have their own prices.

[Omar Ommeish 4872]

My friend, no one is laughing at the price of cryptocurrencies or regular currencies, as their price is determined by the transactions that take place on that currency every day.

[Whited35 15285]

Bigger whales or bigger investors of Bitcoin often manipulate the price of Bitcoin according to their needs and benefits. Otherwise, Bitcoin is decentralized currencies , no one can completely control it's price in the cryptocurrency markets. 

[Saboor 511]

From my experience, there are many factors that control the price of bitcoin, the first is the traders, then the investors, and we have the whales that can create their tricks on price volatility, we have the news factors that have positive and negatives impact on the bitcoin price

[Jimmy26 987]

I am not having much idea about the price fluctuations reason but I think any news related to the cryptocurrency or bitcoins make it's price higher or lower even the demand of the bitcoins  having rule and manyinvestors that having huge amount of investment in the market there decisions about withdrawing or investment in the market affect the price of the bitcoin.

[ETheHedgehog 3104]

the prices are determined by the market, if people buy more then the people who are selling would sell at higher prices which makes the prices go up and vice versa

[guatazoo 7150]

On 3/28/2020 at 6:31 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!

I have got an idea thats the traders who can control the price of the bitcoin is whales who are trading too high amount of the bitcoins within a single trade. 

[Ms.o 3322]

Price of every crypto coins 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,so the more people who sell it at cheaper price,basically causes it to have lower value,but if we sell it at higher price and many are buying it then it increase the price.

[Wilmer Garcia 0]

Bitcoin is a decentralized currency that is not controlled by someone specifico the price of Bitcoin is controlled by its users 

[MCSGlegend 2210]

For the most part, the price of bitcoin is controlled by whales who have huge amounts of bitcoins and they can conspire to raise it when it is profitable for them, but sometimes the price increases due to a large demand for bitcoin.

[NevermindNe 549]

The price of bitcoin is not controlled by anyone , it increases or falls depending on the demand for bitcoin, if there is no demand, then the price will not grow under any conditions.

[betelihem 4766]

On 3/28/2020 at 6:31 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!

No one controls the price of bitcoin, no individual or any thing can't control it, they only price fluctuation is happens because of trading, if a lots of coins bayed then the price rices and when a lots of coins sealed then the price drops, you can check this when you trad on yobit,