The Top 10 Drivers of the Bitcoin Price





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Published on Jun 4, 2017

What are the Top 10 Drivers of the Bitcoin Price?

In terms of Supply - Only 21 Million Bitcoin will ever be created as well as every 4 years, the supply is halved - it is written into the code and according to a pre described schedule.

Here are the top ten factors that drive the Bitcoin Demand:-

1. Speculation
2. Developer Adoption
3. Consumer Adoption
4. Merchant Adoption
5. Institutional Adoption
6. Media Adoption
7. Regulatory Adoption
8. Government Adoption
9. Investor Adoption
10. Geo-Politcal Factors and Financial System Risk

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