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?
I think the major factors that are affecting bitcoin and any other cryptocurrency is demand and supply. the demand for a certain coin will determine its true value. The second thing is market speculation and FUD, FUD plays a significant role in pumping or dumping a coin in the market.