Quote from: Lorence.xD on February 09, 2018, 08:32:30 PM

Quote from: hadveach on February 02, 2018, 11:30:27 PM

we see bitcoin today experiencing high fluctuations below and will always drops, probably going back to the point of $ 4500. but if I look with bitcoin stock today which a little again $ 3.5 million , then this condition is not normal. because it should be when bitcoin is scarce, then price and value will quickly rise and higher. but today why down? do we have to wait 1 million bitcoins?

Bitcoin has a large amount of it and even though we think that it is low, it does not in scarcity. It's just there are several reasons beside of that. We can associate the countries that are banning their territories to the influence of bitcoin. Another one is the market cap it made. We can manage them through the use of several sites that tell us the price of any cryptocurrencies. If we are looking for a high price, then we deserve to wait for a long period of time just like last year.

You would have to wait a long time for the coins to get scarce. If the coins don't have any value when they get scarce then you would have more problems.