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
According to me, as in all other investment instruments, supply and demand are determined at the price of bitcoin.
I do not think your mining affects the price of bitcoin. How does mining affect the price of bitcoin?