Topic: Which affects the btc price - page 3. (Read 1588 times)
Besides the fact that we're waiting to see what will happen after August 1, supply & demand dictates the price coupled with hopes, rumors & FUD. The price is an amalgam of all that mate. Now it's rising since demand is raised and less people sell than those who're rushing to buy.
I just follow btc developments this month. I see every day btc price up and down. Which is my question, what are the factors that affect the rising price of the btc? Whether shareholders btc, altcoin, or btc users themselves? 
Normally its how investors react to rumors concerning bitcoins that makes the currency go up and down, and recently there were fears concerning the hard fork which was about to happen, people were not well informed on the matter and decided to cash in their bitcoins which may have driven the price down.
It is one of the best value holding coin and when other coins fall, people buy and store btc. Could be the recent fall of ETH, or any other.
I just follow btc developments this month. I see every day btc price up and down. Which is my question, what are the factors that affect the rising price of the btc? Whether shareholders btc, altcoin, or btc users themselves?
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