Re: What's the reason behind increasing or decreasing price of bitcoin daily?
I am newbie at bitcoin and always i saw a change in bitcoin value. What are the factors that affects the change in bitcoin value? Is it also same like real money? Like if value of Gold decreases then value of US dollar increases and vice versa. 
Its exactly the same, all currencies fluctuate up and down daily based on perceived strength or weakness of each. Most western currencies move very slightly each day, but some other world currencies are more volatile than bitcoin.