Post
Topic
Board Bitcoin Discussion
Re: What makes the bitcoin price stronger in the market?
by
paul gatt
on 07/05/2017, 03:14:18 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.  

They are just the reason why bitcoin grows steadily, but, that is wrong, the bitcoin market is mutating, it grows abruptly, and without any event making that happen, I Feeling very curious about it. So, I feel worried, bitcoin may be being taken over by some force.