question Who Controls Bitcoin Price?

[Denny7 107]

Nobody controls Bitcoin 100%. Bitcoin price depends on supply and demand. It can be pushed or lowered by large investors. At the moment, I think the bitcoin price is at a good level.

[Joe510 28]

I believe demand and supply has a great influence on the price of bitcoin. If there's a great increase in the demand of bitcoin it will definitely increase the price and vice versa.

[drummer223 110]

Bitcoin, as it is an asset, such as a share in a company, and its price is largely governed by the law of supply and demand, if there is a lot of buying, the price goes up and if there is a lot of sale, the price goes down. People who invest their money in bitcoin are always on the lookout for possible changes in its price, therefore I consider that the market is susceptible to possible manipulations because when there is bad news people compulsively sell their crypto assets for fear of losing their money and when there is good news people buy to earn money if someone could collectively sow that good and bad news according to their own interests they would earn a lot of money

[julioespinoza07 52]

The same users make the price of coins in general rise and fall, the market moves by supply and demand, we must be aware of these things to invest, know how to buy when the currency is low and sell when it is high. Also influences a lot the big people with a lot of coins, called whales

[Clargee 35]

No one controls it but control by all Bitcoin users around the world. While developers are improving the sorftware. 

[CDDISK12 659]

The price of bitcoin may be affected by 1. Various news, both positive and negative, related to cryptocurrency, the launch/closure of exchanges, etc. 2. the Price of other tokens 3. the price of electricity (let's not forget that bitcoin computers are mining, and they need electricity to work)

[Dormilon 2183]

On 3/28/2020 at 11:31 AM, 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 price of BTC is controlled by the market, although there are some whales that can manipulate it from time to time, but mostly the holders control the price with their purchase and sale, as it is a currency that enjoys confidence among those who move in The world of crypto becomes stable for a while but its price can suddenly fluctuate upwards or downwards. Also its trading and buying of goods and services make its price controlled by users.

[babaji 1228]

Its a free market. No one controls the coin price. It the investors or traders that directly controls the price. Ofcourse big traders or investors, which are called whales can manipulate the price, but not everyday the natural price is set by the decentralised market, and by people like you and me who buys it at a certain price. 

[JoyBeaver 56]

The price of bitcoin depends on supply and demand, and since the supply is limited, it's mainly about the demand. So I think that people who own the biggest amounts of bitcoin are the one's who influence it the most.

[oleg50 141]

I'm looking for it myself. I hope I can find it here

[linamz11 24]

it is not exactly that one person controls the price of bitcoins, it is because the most powerful people who handle large quantities of bitcoins are responsible for setting the standards in the market movements, but the most important thing in the price depends on supply and demand, many people sell when the price is higher and usually seek to buy when they are cheaper, just as in the economy

[Gabus 4]

Although Bitcoin is decentralized, individuals are taking great power over the cryptocurrency.
Many investors have significant investments, which give them great power over the currency, so who controls the Bitcoin network is directly related to those investors.
That is why it is useful to know about those who have great power over bitcoin, as well as the importance they imply for the market. Bitcoin is governed by a decentralized system; its quotation and operation in general, is closely related to the traffic of users, miners, investors, among others. Having control over this cryptocurrency is relatively simple, it would only be necessary to have a large enough investment for it, which was noticed by different investors, who have a considerable amount of tokens. Roger Ver, Barry Silbert, Tony Gallippi, And, Satoshi Nakamoto in first place are the ones who have the most control over Bitcoin (BTC). But it is known that those who control the Bitcoin network may lose their power; since, if they abandoned their investment they would no longer consider themselves as the owners of Bitcoin

[Gabus 4]

Although Bitcoin is decentralized, individuals are taking great power over the cryptocurrency.
Many investors have significant investments, which give them great power over the currency, so who controls the Bitcoin network is directly related to those investors.
That is why it is useful to know about those who have great power over bitcoin, as well as the importance they imply for the market. Bitcoin is governed by a decentralized system; its quotation and operation in general, is closely related to the traffic of users, miners, investors, among others. Having control over this cryptocurrency is relatively simple, it would only be necessary to have a large enough investment for it, which was noticed by different investors, who have a considerable amount of tokens. Roger Ver, Barry Silbert, Tony Gallippi, And, Satoshi Nakamoto in first place are the ones who have the most control over Bitcoin (BTC). But it is known that those who control the Bitcoin network may lose their power; since, if they abandoned their investment they would no longer consider themselves as the owners of Bitcoin

[jona1 35]

I believe that the same people in the market, the supply and demand of the currency is the one that controls the price of each currency

[Jorge95950 249]

I think that the price of the bitcoins is established according to its activity in the market, but to be able to say that someone directly decides if the price goes up or down I believe that it is not possible although it is necessary to be informed more about

[Puzcoin 17]

Bitcoin prices controlled by top traders with hundred thousands of bitcoins, and billion dollars. They can turn price up or down in solo. But all other world (people) also have influence with supply and demand according to global events and news in the world.

Edited October 5, 2020 by Puzcoin

[Naylor89 1223]

The bitcoin market is like fiat market in general. It will rise if there is a lot of demand and it will go down if there are many supply. But I think the main factor and thing that affect the price of bitcoin is whales who hold many bitcoin and their buy/sell decisions affect on the price strongly. This either causes people to sell or buy a cryptocurrency.

[Carleinys 23]

If there is one thing that controls bitcoin, it is the market. What do i mean? That bitcoin is controlled by the supply and demand it has at that moment. In short, we all control the price in one way or another, indirectly.

[kengman 34]

We see some serious FUD from the banks. They own 90% of the media. They control paper gold and silver prices and when ever we see FUD about btc and see btc dumping, that's the banks. Those who got btc in peanuts price and institutions who held large amount of btc will continue milk us... 2017 might never happen again. They are in control now.

[faridable 69]

In my point of view this area refers to the law of the market of supply and demand.

so,There is no authority making decisions regarding the Bitcoin network; And everyone has a say in this network: In other words, there is no mastermind controlling Bitcoin behind the scenes.

And accordingly, what actually controls the price of Bitcoin: the majority vote; Since everyone in the network is equal, when the majority decides on something, it will happen.

[Arpit Gupta 581]

There is no one who control the price of bitcoin. It only depends on the trading of people. If more people will use it on trading them its price will automatically increase. And if it number of people decreases then price will also decrease.

[nemaymjes 14]

I think the price of Bitcoin going up and down is based solely on the supply and demand of Bitcoin. For example, when a lot of bitcoin is available at a given time, prices tend to be low to encourage demand, and as demand starts to increase, supply decreases, prices continue to rise.

[encore94 85]

I think that no one controls, just people buy and the price rises ... The only thing that I can assume is people who have a large amount of BTC in their assets can drop the price for their own benefit

[mbohhe 51]

The short answer is demand.

You already know the total supply of Bitcoin, that can ever be mined leaving inflation out of the point. You can argue that the inflation of the $USD will leave more money in the hands of people to buy more shares of Bitcoin in the future, increasing the value of Bitcoin.

I think blockchain will be mostly for businesses, leaving the private market with Bitcoin as an asset to store value.

[vlormi545454 22]

big whales and traders determine the price of bitcoin. The fewer bitcoins in the market, the higher the price of bitcoins, the matter of demand and supply