Quote from: Btcmaeng18 on September 26, 2018, 01:39:41 PM

Quote from: dzkazmi on January 27, 2018, 04:39:57 AM

News is the biggest thing in crypto world which affects the prices mostly, if there is a bad news the price will dropped because people starts selling the coin, if there is a good news then price starts rising because people started buying it blindly. Thats how the prices go up and down.

Yes you have a point but for me. People or the users are the one who cause bitcoin price. Because I think if Bitcoin has a many users then it has a good price but if it has few users then it has a poor price.

You are absolutely right, it is users who are demanding for it and is the strong support of any market they desire for. In case of Bitcoin if we see users left investing here will bring further decrease in price but it will not happen because people are demanding for it in order to enrich with the benefits it has for us we choose it. So, price will go up and down only if users or you can say demand rate increases or decreases.