I am a total newbie to this forum and don't know very much about crypto currencies.
What are major factors affecting bitcoin (or any other crypto currency) price? Is this mostly supply and demand, do other factors (difficulty of mining, hash rate, etc) play significant role in bitcoins price?
There are many factors that affect btc prices. But the most important thing is the number of buy or sell transactions, which represents the need to own and sell btc. This has a direct impact on the price of btc. There are also other factors, including the government's btc policies. For example, ban or apply btc in payment transactions.