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❓ASK Who controls the value of BTC?

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xXInfectedXx

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Who controls the value of BTC? Is it the mysterious founder that no one knows? This is question that I want to know, is the value of the coin controlled of how much is mined? i.e, the more mined the higher the value?
 
The value of the it is not controlled by somebody,by the mysterious founder of the Bitcoin.The value of the Bitcoin depends of the transaction made by investors,who are selling and buying Bitcoin.When more Bitcoins are bought,the price of the Bitcoin rises.
 
The value of the bitcoins is not dependent on a single person or a single company , it depends on how much people invest on bitcoins , more the number of people invests in bitcoin , more will be the value of bitcoin.
 
It's the investors who control the value of bitcoin. There's nothing called automated programs that control the value of bitcoin. If people buy bitcoin at high price , the value automatically rises.
 
Think about Bitcoin because no government or agency controls its price or regulation it is totally depending upon the market free live
 
the price of bitcoin is controlled by how much people wants it and how much people are selling it . it's like any product in real life. if so much people wants it and there's a little on the market the price will go high if the opposite the price will go low
 
Bitcoin isn't controlled by the government or any financial entity so it price to me depend solely on the forces it demand and supply in the network. More sales means increase in price by investors.
 
Crypto in general is controlled by the rich wealthy people , it that simple , they play the roles bears and the bulls and everybody else - traders - investors- follows the trend
 
as for my own view i think bitcoin is controlled by all bitcoin users around the world... so it doesn't depends on single person.. it we user's that is in charge of the price.
 
Actually it is simply the gap ridiculous between the demand and supply of Bitcoin that defines its price but some people can manipulated by increasing the liquidity at a specific point by selling or buying a huge amount of Bitcoin
 
That is one thing I love about Bitcoin and all the other cryptocurrencies it is that nobody at all controls the price of the currency even the exchanges who list out their own tokens cannot control its price
 
I will agree to an extent that the users of bitcoin determine the price of Bitcoin, the miners may be at the top of influencing the price than the exchangers or other investors .
 
The whales control the price of btc. The bulls and bears fight it out in the market. the bulls win the price increases the bears win price decreases. Depending on others factors the price fluctuates
 
There is really no particular person that controlls the price of bitcoin , its price depends on these persons , whales , exchangers , suppliers ( miners ) and on the rate of supply and demand .
 
not who but its all an algorithm of calculating the demand and supply of the btc in the market and then resulting in either it being bullish or bearish
 
all people who use bitcoin or are actively participating in trading or even investors affects the price of bitcoin, miners also affects the market price as they are the suppliers
 
Every body affect the price of Bitcoin but the whales determine the price of Bitcoin most times considering that they have huge amount of bitcoin in their possession so any movement of their coins shakes the market.
 
Every body affect the price of Bitcoin but the whales determine the price of Bitcoin most times considering that they have huge amount of bitcoin in their possession so any movement of their coins shakes the market.
Yeah , if whales decide to hold more of their bitcoin , and so does miners then the price of bitcoin will skyrocket to a level that even s investors will earn Mich from it
 

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