Quote from: Latwindar on January 28, 2018, 12:24:38 PM

Quote from: Proton2233 on January 28, 2018, 10:35:02 AM

It is very difficult now to predict the behavior of bitcoin. I bought bitcoin when the price dropped to $ 9700. Now I'll wait for a big price increase. I have a small Fund that I use to trade on the exchange. This allows me to have an income for everyday needs. The main asset I won't sell cheaper than $ 25,000.

I think the recent price is correlated to the transaction fees. If the fee is low, the price is high. So if the fee is kept below 50sat/byte, the price will rise again.

nah, there is no correlation between bitcoin price and the fees. at least not directly. of course when the fees come down and stay down it will help with more adoption and more usage and all that leads to a growing user base and with it the rising price.
but since (unfortunately) majority are investors, fees don't bother them much.