Post
Topic
Board Bitcoin Discussion
Re: Question of Bitcoin Price Change
by
djselery
on 08/10/2017, 21:23:55 UTC
i'm new to the bitcoin community so i'm just very curious about what causes the prices to sometimes skyrocket but then drop really low so quickly. Thanks

Bitcoin's price is known by its volatility, it is going down and up with time, but generally its rising highly since a while until now. There is many factors make the price up or down, but it is in general linked to the market , the supply and the demand and so on.
You have to deal with the fact of price's volatility, and make your plan about holding.