Post
Topic
Board Bitcoin Discussion
Re: What major factors affect bitcoin price?
by
Kayum10029
on 27/01/2018, 14:57:53 UTC
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?
bitcoin price is reducing now and then because money people holding bitcoin for more profits and they holding other bitcoin related altcoin instead of trading.