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adetos (OP)
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January 28, 2018, 07:56:34 AM
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What is the cause of fluctuation in the price of bitcoin and its implication on the cryptocurrency ecosystem
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January 28, 2018, 08:07:48 AM
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Most of the time, there are several factors contributing to bitcoin's volatility.
First, countries' regulatory policies on cryptocurrency markets (this is the main reason).
Second, the market is so crazy that there are new investors coming in and there is a bubble.
Third, Wall Street financial institutions may manipulate prices.
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January 28, 2018, 08:11:23 AM
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The reason I am about news of a bitcoin ban in a country that causes panic selling to bitcoin owners and that causes price chaos and falling bitcoin prices and good news raise purchases and raise the price of crypto.
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January 28, 2018, 08:15:13 AM
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I hope it bounced back and crypto investment become viable again
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