Post
Topic
Board Speculation
Re: Reasons Why Bitcoin Price Drops
by
Bluestreet
on 02/11/2017, 01:08:16 UTC
Bitcoins is a very fluctuates.  Bitcoin is limited but there are demand is huge. Demand and supply teaches us that if demand goes up and supply stays the same, prices will definitely go up…If demand goes down and supply stays the same, prices will definitely go down. Simply put; Bitcoin will continuously go through these phases of high demand and low demand which will lead to the increase or decrease of it’s price. It’s same for Gold and the stock market. It’s not going to change.

What should change however is your education or current understanding of how this works…to read the charts and understand when it’s a good time to buy and when it’s a good time to sell. The fluctuation in price will not stop.