Post
Topic
Board Speculation
Re: what are the factors that affecting the bitcoin price
by
Asawakobana2017
on 16/11/2018, 06:35:31 UTC
Please tell me which kind of things in the market do not have daily fluctuations?
As long as the market exists, the price of any thing will fluctuate based on supply and demand.
Bitcoin is based on people's predictions of its future, and it will generate different demands every moment, so its price must be constantly changing.
I think the factors that affect bitcoin is the volume of the investors and also with a positive and negative news. I believe that possitive news is really the most amazing factors that can make the price rise up high, because the trust is really important on bitcoin and some good or maybe bad news will reflect on the different kinds of investors and this was maybe the factors that affect the price.