Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: hdasd on February 04, 2018, 08:41:28 AM



Title: Why do bitcoin price fluctuations caused by people's psychological factors?
Post by: hdasd on February 04, 2018, 08:41:28 AM
Buyers and sellers in the bitcoin market are always focused on digital currency prices, which is decisive for whether or not traders buy or sell bitcoin. In recent years, more and more people are interested in digital currency and tend to buy it. More and more businesses and businesses accept bitcoin as a means of payment. This factor also contributes to Bitcoin's growth.


Title: Re: Why do bitcoin price fluctuations caused by people's psychological factors?
Post by: Visin on February 04, 2018, 08:46:56 AM
Buyers and sellers in the bitcoin market are always focused on digital currency prices, which is decisive for whether or not traders buy or sell bitcoin. In recent years, more and more people are interested in digital currency and tend to buy it. More and more businesses and businesses accept bitcoin as a means of payment. This factor also contributes to Bitcoin's growth.
Investments are based off a barter system. If someone causes a panic then the price should go up or down depending on how many more people do the same thing.


Title: Re: Why do bitcoin price fluctuations caused by people's psychological factors?
Post by: ajjhu on February 04, 2018, 08:53:32 AM
People's trust. In recent years, more and more people are interested in digital currency and tend to buy it. More and more businesses and businesses accept bitcoin as a means of payment. This factor also contributes to Bitcoin's growth.