Quote from: BabyBoss on January 14, 2018, 01:49:22 PM

Quote from: wissemch on January 14, 2018, 01:21:26 PM

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=458205

I 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.

You appear like talking shit or just babbling here. Or are you just complying your post requirements for the sake of your bounty? If Bitcoin will hit $100,000, it will become a scam? How do you assess a scam? Simply by the value of it, that if it turns out $1 overnight it is not a scam but if it will reach $100,000 it will become one? That is a far-out way of looking at it. And Bitcoin will never hit $10,000? Well, we are more than that right now. If I know, you are dreaming of owning a lot of Bitcoins as well.