Post
Topic
Board Economics
Re: Factor to Consider
by
valentine401
on 23/04/2018, 19:53:45 UTC
What are the factor to consider that would affect the price changes or price elasticity of the Bitcoin? This is what I have read:

1. Bitcoin supply and increasing/decreasing demand
2. Bitcoin in news: Influence of media on garnering negative and positive publicity
3.Bitcoin users and developers influence the rise and fall of price.
4.New technological changes to Bitcoin

For discussion for the above mentioned. You can check this link: https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894

How about you? can you add more factor that can affect the price of the bitcoin? Comment below.

There will be always different between those market's but what they have in common is the concept of supply and demand, always try to look on a market that has more volume of the current coin you are interested because in this way you can expect that the price will be higher or cheaper depending on the season.