Re: what could cause bitcoin prices to go up and down?

I think what makes this bitcoin price increase is because of the good news circulating on the internet and the total supply and algorithms for mining blocks are increased, making bitcoin very difficult to obtain and the price becomes very expensive.

The news can cause bitcoin prices to go up and down, and we already know this. We know that much bad news comes out in this year, and it makes the price can increase and even it still down. But soon, people will realize that the bad news will only make them get panic, and they cannot hold their bitcoin for a longer time. And they will stay calm if there is any bad news that comes out because they know that this can give a bad effect to the price, so it is better to be patient for a while.

I my self visit those pages, groups and talk on reedit before investing my money in bitcoins. By hearing the news we can absorb when will price up and when it go down.

But you still need to research by yourself and not just follow the news from many sources because you can find the fact that it is a good time to invest or waiting for more. And if we can know when the price will up and down, it doesn't mean that it will happen in the next minute because no one will know about this and this is why we need to find out by ourselves. So invest your money with the amount that you can afford and don't go all in for the investing in bitcoin because we don't know what will happen later.