Post
Topic
Board Bitcoin Discussion
Re: What makes the bitcoin price stronger in the market?
by
Qartersa
on 06/05/2017, 09:29:10 UTC

There are aspects that make bitcoin users more and more convinced that bitcoin is a good place for investment so now bitcoin prices are rising in the market!


The following may have influenced the rising of Bitcoin price in the market:

1) Its supply is fixed.
2) There seems to be a huge number of people using and/or dealing with Bitcoin.
3) The higher Bitcoin's price is, the higher the number of transactions involving Bitcoin will come to play.
4) Pioneer among other digital currencies, or should I say, the most popular of all digital currencies as of writing.

The list above is not exclusive as there are other factors that contribute to its success in the market.