Post
Topic
Board Bitcoin Discussion
Re: What factors can affect to price of bitcoin?
by
Gabb
on 04/04/2018, 17:52:35 UTC
What factors can affect to price of bitcoin? Can price of bitcoin depend on world economic factors or economic occurrences?

According to what I have observed, there does not seem to be a direct influence between the performance of ordinary markets and the performance of bitcoin. The price of bitcoin seems to obey solely and exclusively to intrinsic factors of this alternative economy, and seems to be quite reactive to the rumurology that continually emerges in this market, rather than to technical and fundamental factors as usually occurs in consolidated markets.