Post
Topic
Board Speculation
Re: Why is bitcoin price so high?
by
Cold-Heart
on 14/12/2017, 15:13:33 UTC
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
I think bitcoins increase its value and its rate because bitcoins become rare to very rare as time goes by. Mining makes us earn bitcoins or an equivalent bitcoin, but the fact that there are a lot of mining company or people mining bitcoins it becomes harder than past 2 years or more. although there isn't an exact amount of bitcoins that could be mined or used, it will increase as long as there is bitcoins to be mined.