Quote from: kuckong on April 11, 2018, 07:06:20 AM

yes I agree it is the main factor affecting the fluctuation of bitcoin. I will add it I think the amount of bitcoin volume in circulation today is very small when compared with the amount of circulation of gold and USD. and if anyone buys bitcoin in large quantities it can certainly affect bitcoin. And speculation of bitcoin traders can also affect bitcoin.

Hi, I think if the amount of bitcoin that is in circulation today is very small the price should be raising. Compared to USD and GOLD, Bitcoin can be easily the mine using your computer and some other tools and it just takes time to have more from it. Gold is widely considered to be an effective hedge against inflation, which means that when the dollar depreciates, demand for gold increases. Unlike the bitcoin, Gold and Dollars has limits in volume and Bitcoin is limitless unless computation per data will stop or the bitcoin mining will stop. All of this that I am talking is related to supply and demand.