Post
Topic
Board Speculation
Re: What is making btc price going down?
by
mikeey89
on 21/04/2018, 18:49:52 UTC
I've been observing  the market for a longtime  it’s now about a year .  in your opinion,  what is main culprit of decreasing the price of  btc so dramatically  ? Are you expecting the price to go up dramatically soon ?
Very easy explained the price is determined by the demand. If more people wants to buy than sell, the price will go up. If more people want to sell than buy, the price will go down. This is how it should be and this is one of the things people usually like about Bitcoin and cryptocurrencies.