Post
Topic
Board Speculation
Re: Does dollar value affect bitcoin value?
by
TTITA
on 06/12/2017, 16:37:07 UTC
Im just wondering. Bitcoin is so expensive. What if dollar value get low will it affect bitcoin value?
It won't. Bitcoin price affect because economy principle. Supply & Demand.
With high demand increasing, price going to high.
This December, upcoming issues Bitcoin will have at least twice fork, which means fork will creates new altcoins.
Many people now hunting Btc by buying, mining, etc for holding it belong fork. So can get free coins distribution.