Quote from: Skarner21 on January 10, 2017, 07:53:02 PM

Quote from: traderMax on January 10, 2017, 07:47:54 PM

Quote from: ikydesu on January 10, 2017, 09:37:25 AM

Quote from: traderMax on January 07, 2017, 11:09:32 PM

The currencies of the world are affected by many different parameters such as politics, economy, wars. The value of the money also shows up and down according to these parameters.

What are the parameters that affect bitcoin?

Because such currency is centralized, which means everything factors about the country/government also van affect the currency market.
Bitcoin is different because it's decentralized, and otherwise bitcoin comes when the country have bad economic system, such Venezuela recently.
Also like other currency bitcoin influences by demand and supply, but because the supply is limited, it's could be manipulate by whales/dinosaurs (people who have a lot coins / people who already mined bitcoin & have a lot coins).

As you said yes, bitcoin is not influenced by the current political structure of the world because it is not a central system. Bitcoin is only valued according to people's demands and is affected positively or negatively by the news about bitcoin. There are also very few people who use bitcoin when we look around the globe. Bitcoin is somewhat independent of the world economy.

For now they are few users of bitcoin.. we seen that more adoption is always come like in brazil they are accepting bitcoin as payment locally and paris has 20 stores locally are accepting bitcoin as payment that can influence other people to use bitcoin to increase value..
The bad effect those who are experience of scam are treaten bitcoin as scam and heard that bitcoin uses for illegal activities because of anonymity..

The use of bitcoin in illegal activities is not a problem of bitcoin. Malicious people can use it for illegal activities in other payment systems after they request it.
When compared to other payment systems, Bitcoin offers a much more transparent system.