Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
Demand is the main reason which make prices is so high. bigger players millionaires and now they use them bitcoin to increasing them income "open new forks".
Is this a bubble? No bitcoin is more strong than bubble.
I think
demand is still not the word to describe it. I think those investors or so called whales, and also those big companies that have already expanded in online, and recently have adapted Bitcoin as their medium. Because of this the price of Bitcoin suddenly gone up, to the point that it almost reached four times its price from last year.