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?
In my own thoughts,the major factors why bitcoin price will going down in the market,because some implementation of banning the bitcoin in differrent country,thats why some investor withdraw all there capital or investment of cryptocurrency,because they thinks thats everythings now in investment in there country is useless without digital currency system,and second this implementation of three consecutive drops of bitcoin price,why now the market is down and all crypto price will turns to blow away at this moment.