Post
Topic
Board Economics
Re: Is it possible for the bitcoin to lose it's value ?
by
lanyounanhai
on 23/10/2017, 15:05:56 UTC
Bitcoin is very strong cryptocurrency at the present and many people who want to buy and earn bitcoin because bitcoin has a good value and the only reason is many people who use bitcoin as means of payment and that is the reason why bitcoin has a good value at the present.
I doubt that many people want to use bitcoin as a means of payment right now. The price of bitcoin is extremely high and people only want to hold bitcoin for future profit. As you can see, they only consider bitcoin as a mean of investment.