Why Electronic Currencies go up ?

1- What controls the price of BTC?

All the currencies in the world are subject to a special device in the country that determines its price according to the values

and criteria specific to each country and aboveall there is a central bank that determines the value of the currency compared with the golden cover of gold for each currency.

But there are currencies that float (like the float of the pound in Egypt 2016). What happens to the currency after the flotation? Is subject to a law called the Law of Supply and Demand, a law based on the valuation of currencies according to the amount of supply and demand on them and thus the currency gets its real value.

The currency of the capital is also subject to the law of supply and demand, such as real currencies, they do not have any central bank and no country governed by anything, such as real currencies are not even physically present, but treated the supply and demand and there are some sites and institutions calculate the amount of supply and demand currency per day If you enter the rates of electronic currencies, you will find that the price changes every second and this is due to the change in the amount of supply and demand of the currency every second.

Means that the currency of Petequin if the demand for them increased value and if the demand for them less value.

2-Frequent investment in these currencies (trading)

Strong gains in e-currency prices, especially the Bettkin coin, have attracted a lot of media hype lately.

This has made many investors, even ordinary people who do not know anything about these currencies, or about the "Block Shan" technology in which they are more interested in this currency and how to use them or trading them as a financial instrument to diversify the investment portfolio.