Post
Topic
Board Speculation
Re: What is the Reason for increase of the Bitcoin?
by
nethan1btc
on 21/05/2017, 11:16:41 UTC
What is the Reason for increase of the Bitcoin?
Steady increase in demand and limited fixed supply of 21 million coins.
Japan accepting bitcoin as legal payment.
People all over the world getting aware of bitcoin's potential.
New companies starting to accept bitcoin as payment.

All of the above mentioned is absolutely defining a success of bitcoin now and it became a historical era of digital currency now at $2000. Those reasons of significant increase in demand in the market which people were getting aware of bitcoin bey means of social media campaigns that promotes bitcoin, and gladly Japan has already adopting it because of it's higher advantage. If more and more companies will adopt this kind of currency, it's no wonder btc price will surely reach at $4000 or higher.