What factors can affect to price of bitcoin? Can price of bitcoin depend on world economic factors or economic occurrences?
Of course, Bitcoin runs based on the market rules of supply and demand, the prices determined by this. What affecting demand is the good news and FUD news related to Bitcoin, especially if it released by a major state governments because it will provide tremendous impact for the Bitcoin ecosystem. As a savvy user, we have to keep an eye on what's going on with Bitcoin.