Post
Topic
Board Bitcoin Discussion
Re: What factors can affect to price of bitcoin?
by
Phildo
on 04/04/2018, 16:50:33 UTC
What factors can affect to price of bitcoin? Can price of bitcoin depend on world economic factors or economic occurrences?
It can, because the economic conditions (especially in a large country) will greatly affect Bitcoin, whether it will create panic and FUD or raise the price of Bitcoin. I think there are many real examples that can be example to explain how the government's role affect Bitcoin's price, but still it won’t kill Bitcoin because decreasing Bitcoin's price doesn’t mean to kill Bitcoin.