Quote from: kingstarblack on February 22, 2017, 05:48:19 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?

It all requires some research and analysis, but I'm concerned that the parameters that affect the bitcoin is mining. Where once every 4 years from the growth of the bitCoin's getting high and it makes their already save a lot the year before bitcoin benefit greatly. But it's not just mining, but I also see that the parameters of the bitcoin also depends on the market for enthusiasts using bitcoin

It's not about mining. Bitcoin prices are brought about how much people perceive the value of bitcoins is. Because bitcoin has no equivalent in gold like how fiat currency is, it is just plainly driven by how much people want to pay for it. Hence, you can forget about research and analysis. Just read the news and every time you see bitcoins becoming more popular and accepted, then expect a price increase.