Post
Topic
Board Speculation
Re: Why bitcoin rising up and down?
by
markdario112616
on 11/12/2017, 00:21:56 UTC
It's already part of the industry. Like any other players in the market, they normally depend on the supply and demand which is the basic factor why the value of a certain player consistently change.

Why bitcoin rising up and down?
can any person tell.

supply and demand...basic concept of economics

low supply and high demand = high price

high supply and low demand = low price

To sum up, the whole concept of the law of supply and demand. Also, there are outside factors that affect the value of Bitcoin, such as; News (Fake or Real), Public announcement, Government bans, and etc. That causes or contributes to the volatility of Bitcoin.