[2014-06-04] Study: Speculation Isn’t the Sole Driver of Bitcoin Prices

[roslinpl]

A link to an article.

Great to read with a coffee before trading night
And not only for traders, but worth reading for all of us.

There are a number of factors claimed by market-movers, observers and everyday investors as to what exactly influences the price of bitcoin. However, one new study has analyzed key drivers in the bitcoin market, and its findings could have an impact on how investors approach digital currencies in the future.

sounds interesting? Because as we read it more it is very interesting indeed. I wont tell you all details as I will ruin whole article.

This is best article from Coindesk that I read since few days.

[kjlimo]

Awesome paper & article.

Interesting results for sure!

[roslinpl]

Awesome paper & article.

Interesting results for sure!

Yes indeed!
I must say I am pretty new in cryptoworld - I am with Bitcoin from September/October 2013 and I am still learning. Articles like this one are well ... priceless during my Bitcoin journey

I hope people wont miss this one and will read it

[fancy_pants]

I really would like to know if the multitudinous central bank decisions have an immediate effect on bitcoin price.  Seems like the ECB decision today to offer less-than-zero interest rate loans should put bitcoin at about infinity euros with proper arbitrage.

[Bit_Happy]

“What are the main drivers of the Bitcoin price?”
Markets are much more simple than most "experts" will admit.
Greed and Fear do the most to determine the current price, while fundamentals set the long-term trend.

[Ron~Popeil]

“What are the main drivers of the Bitcoin price?”
Markets are much more simple than most "experts" will admit.
Greed and Fear do the most to determine the current price, while fundamentals set the long-term trend.

Speculation ie greed and fear is a big part of it for sure. The exchanges are just like a stock exchange in many ways.