Post
Topic
Board Speculation
Re: What's the reason why BTC rise or decline?
by
DannaWonder
on 07/12/2017, 10:03:33 UTC
Huh As we all know, the recent 2 months, BTC has risen to $15000 quickly. This never happened is the past. How to explain this phenomenon?


It is just a simple example of the law of supply and demand, once the demand goes high you need to have more supply but since bitcoin has a finite supply the the price will go high to meet those demands.