Post
Topic
Board Speculation
Re: how to predict bitcoin price increase or decrease?
by
Potchi
on 05/12/2017, 01:14:45 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.

I guess no one control the increasing and decreasing of bitcoin price, so no one can predict it. Maybe we just need to be updated on every news about things that may affect cryptocurrencies prices, because for me a certain action done by a person or a group can affect bitcoin price if their actions are related to the digital currencies world.
Yes, I agree about what you said. No one's controlling the price so no one can predict if it will get higher or lower. And the decreasing and increasing of its price depends on its demand. The more people tend to use and invest in it the higher the chance of getting higher price and value. No one knows if they are many or just few people using amd investing in it so no one could actually predict the increasing or decreasing of its price.