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?
Fake news can make the prices of bitcoins to decrease drastically because those wealthy people are hoarding a huge amount of coins and if they sell all their coin in the market then the supply will increase and it will affect the price to decrease even more.