[দাম বাড়বি কি না বল!!][Factors That Determine Hive Price]

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Hello friends, it is wonderful week for all hivers especially @bdcommunity. I want to use this opportunity to extend my greetings to great curators and bdcommunity icons for their philanthropist work on hive.
I will like to draw a tentative opinion on the subject matter of hive fluctuations. It is so worrisome to see hive price going down like this time. But if you understand the blockchain trade system, it won't bother you because there is no "fixed price". In the world of cryptocurrencies, no specific amount . That is the reason you we witness up and down.
When I saw this week contest yesterday, something came up in my mind and is "why Hive Price fluctuates?" I was trying to reason and came up with concrete proof but I was bothersome which could not allowed me to reason properly.
But this morning, I came up with this little things. I don't know whether is right or wrong. I just presumed.

ACCORDING TO MY PERCEPTION, THE FOLLOWING FACTORS ARE THE DETERMINANT OF THE VALUE OF HIVE
• Supply and Demand: I am not an economist but with little understanding of the trend of economy. Supply and Demand is one of the biggest determinant of any value in the market. I could remember vividly during the coronavirus lockdown; in my country, the products of price was hike, especially the price of transportation and foods. This was the reason of 'lower supply'.
The principles of free market economy has a huge adverse effects on any product you are dealing with. This is also applied to cryptocurrency including hive and others. The increase and decrease number of investors in buying and selling hive determines the positive and negative outcome of the price.

• The Degree Of Acceptance: mass adoption of BTC made Bitcoin the topmost cryptocurrency in the world. I could remember few weeks ago that there was a surge inflation of price due to large percentage bought by whale. According to the principles of economic, an increase in demand without a equal increase in supply will result in increase in the price of commodity. The degree of Acceptance determine the pattern of price.

• Fiat Factors : just like what I have said, the price of commodity affect hive positively and negatively. If a Fiat currency such as BTC or USD appreciate, the price of hive will also appreciate. This is exactly what happens few weeks ago when the price of BTC was inflated, the price of hive also rised. Now that BTC price is lower, it also affect the price of hive.



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