Post
Topic
Board Speculation
Re: how to predict bitcoin price increase or decrease?
by
murcked
on 07/11/2017, 13:48:40 UTC
We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.

The price is controlled by the market. Like a stock in a company except in this case it's a digital stock in a Limited Coin.

If it has market acceptance via businesses or peer-to-peer transactions then it has demand.

Supply > Demand the coin will not have value.

Demand > Supply = increase in token coin value