Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 30/11/2018, 22:33:45 UTC

What do people here think drives the price of BTC (either direction) the most?

1. Adoption
2. Use methods
3. Scarcity
4. Technology
5. News
6. Rumors
7. This thread
8. Whales
9. Hats

And which are the most predictable events or follow a pattern?


Edit:
Hint -- What drives the price of diamonds?

I don't know best methods to track patterns exactly, and even the categories that you provide are a bit vague.. because there seems to be a lot of nuance within each category, too....

Furthermore, sound money aspects of bitcoin and network effects are likely the best categories of consideration, and some of your above categories touch more or less on those kinds of considerations.

Nonetheless, for what it is worth, I would guestimate:

3, 2, 4, 1, 5, 8, 6, 7, 9