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Whatfactors determine price of crypto currency?

Lately we have witnessed a lot of hike in Bitcoins. There are other crypto currencies too which are competing in this race. So what exactly fuels these currencies, what are the factors which decides the price of these currencies?
( 2 comments | 2 points | on HN )
Re:Whatfactors determine price of crypto currency? by jki275 on Friday July 14, 2017 @07:11AM (#14768908)
Fear and Greed.
Re:Whatfactors determine price of crypto currency? by cryptopay on Friday July 14, 2017 @07:02AM (#14768880)
We have published an article that generally explains the pricing equation of a Bitcoin. Take a look: https://blog.cryptopay.me/who-really-affects-bitcoin-exchang...