Post
Topic
Board Speculation
Re: Why is bitcoin price so high?
by
Kambal2000
on 08/12/2017, 14:48:48 UTC
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?


The bitcoin price is so high because the number of investors multiplied and the higher the demand, the higher the price. Investors are attracted to the number cryptocurrency which is bitcoin because the bitcoin users are also increasing especially when bitcoin was featured through the first bitcoin billionaires which is the Russian twins.
Bitcoin is also the number one cryptocurrency because of its ability and potential to change the life of many individuals, as we can see we have a strong foundation and blockchain for this, as well as a lot of popular businessman has devoted their time and money here, it means that they trust bitcoin a lot so why not do the same.