Post
Topic
Board Speculation
Re: What factors cause the fall in price of Bitcoin?
by
ConotCan
on 01/11/2018, 10:27:19 UTC
What factors cause the fall in price of Bitcoin?


The only factor that causes price of Bitcoin to decrease is lack of demand. Supply is higher then is demand at the price that was in past so price drooped and supply and demand evened at lower price. No we wait that demand comes back so price moves o t higher level.

Nah, if supply was higher than demand then price wouldn't be stable for 3 months. Try again.
It is right that there are coins in the market for sale but no buyers which greatly affect the price. Until people invest in bitcoin or any other coin the price will remain the same and we will see no growth in it as we are experiencing it for several months. From the big dip in the price in this year earlier people are not interested in crypto investment and thus the price is stuck between $6000 and $7000.