Factors That Will Affect The Future Price Of Bitcoin

[evonax]

Among all other cryptocurrencies, bitcoin has attracted more investors & business men to Buy Bitcoin Online From EVONAX. After the drastic fall in the price of bitcoin (From $300 to $110) has some investors to have a second thought before buying bitcoin. But, still, there are few loyal investors who have profitable income because of the bitcoin exchange. Two factions of investors broke out claiming different theories that will be responsible for their respective beliefs. The following factors will help you to predict the future price of bitcoin:

1) Bitcoin’s fall of rehabilitation
2) Higher convention speed
3) Pocket-Friendly transaction cost

[Keron]

There are a lot of factors that canaffect the price value of Bitcoin. In the current time, the biggest factor is the launching of many different cryptocurrencies. People have started investing in them because the price of Bitcoin has gone way too much for their liking.

[irikan50]

I think the biggest factor that will determine the prices of Bitcoin and Cryptocurrency in the future will be the regulations implemented by the different major economic countries. They will have a major affect if any one of those countries will impose strict regulations for Cryptocurrency.

[BenFormer]

i think the most powerful impact comes from altcoins.
There are so many coins appear every day.
A little bit insane!

[SamNeels]

I think the main factors are traders and investors who impacts price of BTC.

[Ksarey]

I think Bitcoin price will depend on the demand of the new coins in the near future. Bitcoin also have to control the miners as I heard that mining is affecting the investments in the cryptos. Moreover, the mentality of the billionaires will also play a key role in the future related to the bitcoin.