OUT OF SERVICE!

[Ashong Salonga]

If you are talking about the speculation that is related in making a decision for bitcoin trading then yes it affects the decisions that we will make. Speculation is one of the reason why the market is moving because if the holders or traders will see the price is keep rising then they will sell their stocks and wait for the price to dump and buy back again.

Speculation doesn't matter in bitcoin's price since no matter how much analyzation you do, market would still be uncontrollable and market may move unexpectedly wether it could pump rapidly or dump rapidly. However, speculation really helps a trader in making decision wether he/she needs to sell it or not. It's basically the simplest basis in making decsion as we don't need too much analyzation in crypto currency exchange.

[coynedterm]

I have been into forex trading for a long time and know from experience that market speculation is a norm but I would like to have you view on bitcoin trading and what affects the price movement?

Here I have two types of the trading one is bitcoin day trading and second is altcoins trading .
When the price of the bitcoin will fluctuate more and more then  me and my friends ( who are trader ) stopped Thier buying and selling work because they can't handle the condition of bitcoin price change and loss ( since chances of Profit are also Thier ) .
But if you will ask about the altcoin trading then surely with the increase of the price and decrease of the price the trading going on continuously Because the demand of the particular coin only depends upon the demand at the trading exchage which is regardless of the fact of the price of the BTC increase and down.
But I think only 1-2% chances are to be affected by the price down on the altcoins trading .