Bitcoin is so expensive if it will be converted to my country's currency it will cost hundred of thousands.
Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
We all know how the law of supply and demand works here in bitcoin. Before, the demand of bitcoin was not that big yet but as time passes by, the influence of bitcoin grows which affected the value of it. The value grew higher as the demand grows tall too. We can expect that bitcoin will be more expensive in the future since it is expected to be the world currency.