Post
Topic
Board Bitcoin Discussion
Re: What can be done to stop bitcoin price from sliding down again
by
sofi@
on 11/02/2018, 14:25:36 UTC
What is the solution for price sliding of bitcoin? Singapore refused to regulate bitcoin and other cryptocurrency trading but instead promotes it.
Bitcoin is base on the law of demand and supply so I think if a lot of people will support bitcoin and start buying some for investment, the demand will really increase and will lead to lack in supply since number of bitcoin in the circulation is limited, and with that the value of bitcoin will have to increase so that the supply will become available in the market.