Post
Topic
Board Altcoin Discussion
Re: Why is the price of bitcoin so high
by
Rutdam
on 21/11/2017, 21:04:16 UTC
The price of bitcoin in fiat money will always grow, since it has a deflationary nature. The drop in prices is possible if it is completely squeezed out of the market by other more sophisticated ones.

I agree. The bitcoin or the bitcoin cash is deflationary. So their price will rise against fiat.