Post
Topic
Board Speculation
Re: What/who make the price of bitcoin
by
ethereumhunter
on 03/07/2018, 08:56:08 UTC
a lot of opinions about this, if I personally more convinced that the media that determines bitcoin price.
because every time the news appeared unsightly in the media. at that time the bitcoin price drops.
I do not know, that's just my personal opinion.
I agree, the media is very influential with bitcoin prices.
I have long observed that, if the media say something negative, then the bitcoin price will go down.

but we have another reason that determines bitcoin price which is supply and demand and it's related with the news from the media. supply and demand work up and down and when there is any news comes out then it will give an impact on the price whether it is increasing or decrease. and besides that, don't forget with the whales that sometimes can also move the price to the higher or lower price.