Quote from: yvesp110 on October 27, 2018, 06:47:43 PM

Quote from: Lubang Bawah on October 17, 2018, 12:12:41 PM

The thing that can make a rise in bitcoin prices is investor confidence, as we know that there are currently too many scam projects that make investors afraid to put money in crypto including bitcoin.

This thing is easy to handle as we know that highly rated sources are well available and one can reach out to those sources easily which is better than anything else and one will feel more confident if he enters into a highly rated platform. However, the major factor is the demand rate which gives a push to value of a product and in this case the value of Bitcoin affects great with its demand rate.

The demand factor will be very influential in the movement of digital currency prices. this is because the demand factor will directly cause whether the coin price will increase or decrease. when more people need the coin the price will increase and when fewer people need the coin the price will automatically decrease. this is a demand factor and this is the main factor that affects coin prices in experiencing price changes.