Post
Topic
Board Bitcoin Discussion
Re: What major factors affect bitcoin price?
by
cutecute
on 19/04/2018, 01:12:51 UTC
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?


I think the major factors that affect bitcoin price is the user. If there are so many user the price of it will become high that's my opinion. Other said that that the biggest influence in bitcoin price is the market demand or the value of bitcoin.