Hi op,
The two factors that you have included in your thread are affecting the businesses related to bitcoin or cryptocurrencies in general. Legality is definitely a big issue because whe anything is not made legal by the government, people are usually afraid to get their hands into it. That's the case with many businesses aroud cryptos.
But there are many technical factors as well like, slow transaction processing speed, high fees are also affecting bitcoin in a big way. That's why it is mostly considered as an asset rather than a currency. For transaction, many people including me prefer altcoins.
Topic: Factors affecting bitcoin business - page 5. (Read 721 times)
So it's like most other things then?
People and companies are more likely to liquidate assets away from elections to try to keep everything stable. People buy when things fall but you don't want to sell then. Volatility in stocks seems to always increase a bit before an election too.
People and companies are more likely to liquidate assets away from elections to try to keep everything stable. People buy when things fall but you don't want to sell then. Volatility in stocks seems to always increase a bit before an election too.
The major factors affecting bitcoin are :
Change in government - it's simply means when another government enter there's will be reduction or addition of some policies.
Political instability - when political system in the country is not stable, everything will get down.
Change in government - it's simply means when another government enter there's will be reduction or addition of some policies.
Political instability - when political system in the country is not stable, everything will get down.
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