Quote from: Xester on May 07, 2017, 09:46:44 AM

Quote from: superhelper on May 07, 2017, 09:31:53 AM

Who are know the actual reason of bitcoin price? How can i predict about bitcoin pricing high or low?

It is hard to predict as to what will be the cause to the movement of bitcoins price in the market. But there are some clues that will tell us that something will happen. One thing that you should consider are the articles and news that talks about bitcoin. If you are reading constantly the latest news on bitcoin then you can interpret and tell as to what will be the movement of bitcoin. If the news are bad then expect that the value of bitcoin will go down, but if the viral news is good such as countries adoption of bitcoin then expect increase in bitcoins value.

There are lot of factors or reasons that can change the price of bitcoin.I think the number of people who buy bitcoin also can affect to increase its price. The supply and demand of bitcoin is commonly can affect to change its price in the market but I think the price of bitcoin will depend in the market and to the people who buy it.I guess in coming future the price of bitcoin will increase.