Quote from: Nick Abimanyu on June 12, 2018, 02:29:35 AM

Quote from: Sedorikku on May 31, 2018, 03:37:08 PM

Hey guys, i need some suggestions and opinions about this.

If, you are currently observing the Bitcoin price. As currencies that have exchange rates against other currencies, the Bitcoin price movement also shows rapid fluctuations. It is not infrequently used by users to make Bitcoin as a trading asset or investment. But the attention, Bitcoin prices turned out to move in volatility is very sharp. In fact, the phenomenon of price change from $ 6.000 to $ 15.000 in a day is not surprising. Bitcoin's a currency whose value's very sensitive to global news and is still unstable in responding to trader sentiment and its users. Therefore it's expected that you can make it into consideration before you buy or sell Bitcoin.

Quote from: Chrisjay29 on June 12, 2018, 02:39:20 AM

What do you mean by the value of bitcoin? Do you mean the price or the reputation of bitcoin? Because if its price i think the only thing that can effect to his value is selling panic. And if you tell the the reputation the only thing that can maie here reputation is the scam and fake news

Sorry, I forgot to continue.

Factors that may affect the bitcoin price are:
When viewed from the volume of circulation bitcoin that has not been much and uneven. Of course this drastically affects the bitcoin price movement. To be able to see the interaction of both, we must understand first, the basis of bitcoin fluctuations, which are really, determined by supply and market demand. If many people buy bitcoin in large quantities, of course the price will rise sharply. On the other hand, bitcoin values can decline if many users do sell in large quantities. Actually the bitcoin price movement much less affected than the action of its holders. For example, when a person buys or sells large amounts of bitcoin, the price can move very quickly. But if the volume of bitcoin increases and the spread more evenly, automatically volatility will decrease by itself.

Perhaps everyone already knows, that the number of bitcoin users, more likely to make it as a trading asset, rather than those who use it as a medium of exchange. This maybe due to the low levels of use of bitcoin in the community, so its use has not spread and is still foreign among the wider community.
For example, it is difficult to find a nearby store that accepts payments with bitcoins.
By necessity, many users then prefer to use bitcoin as a trading tool in investment activities.

Every trader of course has its own goal, namely to gain profit, from the difference in bitcoin fluctuations and to those who are the fastest, in response to a global issue, which will usually be manifested in the form of action whether sales or purchases or other actions more speculative this's of course greatly affect the bitcoin volatility. For example, news such as the refusal of a country to legalize the use of bitcoin may have adverse effects, so bitcoin traders often respond by selling (sell order). On the contrary, positive news such as the growing number of adopters, the joining of big companies which using bitcoin to pay their employees, can be greeted by buying large amounts of bitcoin by traders.

Due to its tremendous potential many third parties who use Bitcoin as a means of deception involving investors. They will trap potential investors to entrust their Bitcoin with sweet promises or WOW super rewards from the perpetrator. Cases like this in fact have happened a lot and of course a bad impact on the Bitcoin price movement. Stupid investors usually will spread negative information, that bitcoin is a scam, whereas who deceive them is a fake investment company.

I think the above can be categorized, as the main cause affecting the value of bitcoin.