Post
Topic
Board Speculation
Re: what affects the price?
by
jaja colleen
on 09/07/2018, 04:34:29 UTC
bitcoin slowly went down this year, from almost 20k USD last December and went down at a significant price

what might be the reason why bitcoin's price is going down?
what are the major things that can greatly influence bitcoin?
answers would be fully appreciated Smiley

The big influence on why Bitcoin price falls down,are those people who spreading false news is one of the reason why bitcoin price drop,because when they heard about it,especially those people who are new in Bitcoin they will be afraid that they might lose their investment so even if Bitcoin price is cheap they will not hesitate to sell it,and also many big investors who sell their Bitcoin,that's why Bitcoin's supply increases in the market and it's effect is the dump price of Bitcoin.