Number of Bitcoins in circulation
First mover, network effect and media exposure
What is unique to Bitcoin vs. other CCs is that it was the first one invented, gained acceptance by investors and businesses and has received the most media attention. New companies have formed to support and trade it, which has led others to take notice and try and cash in on the hype.
Since there isnt anything physically attributable to Bitcoin having these qualities has been a huge help for it to gain traction. I am counting these three as one reason as they have a synergistic effect on each other and help create demand.
FOMO or Fear of missing out
The fear of missing out or FOMO has helped to create a lemming effect. Investors dont
https://community.bitzamp.com/view.php?permlink=9-reasons-bitcoin-could-hit-100000-or-more&id=458205I think if bitcoin hit $100,000 or more it is already scam and this will never be done since they keep on telling that bitcoin will be the next currency in the world. If this happen I think bitcoin is already not tthe currency anymore either it is just only just a coin without use. So, I think bitcoin will never hits $10,000 or more and I think Satoshi Nakamoto will never do it because he knows that if he do it it is the end of the bitcoin because he have a lot of bitcoin in his wallet.