Topic: what determine BITCOIN Price ? - page 4. (Read 1416 times)
Supply and demand determines the bitcoin price.
The main reason is the law of demand and supply. Whenever demand increases and supply decreases or remains constant then there is a rise in price and vice versa. Now, it is interesting to see the reasons behind the fluctuation of demand and supply. There are more than one reason behind it and we have seen the best example in pre and post fork period, there was literally huge supply in the market as almost everyone was selling his holding due to panic selling wave and as soon as after green signal from the network, price started rising again and crossed $5K mark which is around 150%+ growth. Now, that was not the fully organic growth so then price started falling and coming back to its original level but still, it is higher than its normal level.
Everything surely determine by supply and demand, its an economic rules for sure. And i think bitcoin meet both requirement whether about limited supply and also high demand from growing countries, and no wonder when people start recognized it then the price will surely started to go higher 
It is somehow speculative trading but you also have to admit the truth that bitcoin proved itself as a reliable investment in these couple of years. Market value of everything is determined by its supply and demand formula, same is for bitcoin, as number of users increasing in the market its demand is increasing and so the price. The downfall in price happens due to cash out of bitcoin users from the market.
It is determined by the free market: supply vs demand
Its just Speculative trading .(you can make huge profit huge loss)
Wherein Stock market its intrinsic value +speculative.
Wherein Stock market its intrinsic value +speculative.
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