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In my judgement, the availability of local bitcoin retail brokers is the major factor.
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The factors that affect the market value of the Bitcoin are as follows:
1. Regulation.
2. Media hype
3. Stability
4. Technological advancement
5. Demand and Supply.
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Usually, it's the news or comments from the well known people that affects the market value of the Bitcoin.
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Which factors affect the value of Bitcoin the most and create the opinion that Bitcoin is a bubble?
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