Привет! У нас самый дружелюбный криптовалютный форум 🙃 Присоединяйтесь!

Регистрация

Jump to content

What does the price of Bitcoin depend on?


Recommended Posts

Many, especially beginners, users of cryptoindustry, do not fully understand all the subtleties of cryptocurrency pricing. In my article, I want to tell you what changes the value of the first crypto-coin Bittkna. Of course, all the factors do not fit in one article, but I will consider the main aspects. So let's get started:


•    Politics affects all areas of our lives, including cryptocurrencies. In the modern world, technologies based on Blockchain have an extremely fragile legal status. Cryptocurrencies strive to ban almost everywhere, and every successful ban negatively affects the Bitcoin rate.

•    The applicability of Bitcoin in everyday life. Than more frequently and actively used cryptocurrency, than more expensive it is. This simple truth applies to Bitcoin, so we highlight another important factor.

•    Market trend. Without going into unnecessary details for the first time, I can say that the welfare of cryptocurrency directly depends on the volume of sales or purchases. If the cryptocurrency is only sold, then the audience is in a hurry to get rid of the unwanted crypt, the price tag falls accordingly. And in the case when more coins are bought, you can see an obvious increase in value.


All is basing on this trio. Now that you have the basic knowledge, you can continue to study Bitcoin pricing. Share your successes and thoughts in this topic. Good luck!
 

Edited by Nosov5692
Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...