Post
Topic
Board Economics
Re: Factors that affects the value of bitcoin...
by
Faxmate
on 03/06/2018, 16:32:55 UTC
Hey guys,  i need some suggestions and opinions about this.

There is one reason which affect Bitcoin's price is that buying-selling. So, if everybody will sell their Bitcoin, the price can go zero. Or if most trader will buy Bitcoin, price can be pump.
Yes buying and sell of bitcoin is the most effecting factor of bitcoin, as when most of people use to sell their bitcoin at panic then price of bitcoin falls and when high amount of people buy bitcoin at high price then automatically price of bitcoin gets high, o think supply and demand are those factors which effects the price of bitcoin.