Post
Topic
Board Bitcoin Discussion
Re: Why is there such demand for Bitcoin?
by
Quesdana
on 23/02/2018, 22:03:12 UTC
One dollar invested in Bitcoin in 2010 is now worth $58,000. One thousand dollars would be worth $58 million. Despite more Bitcoins being mined, demand still by far outstrips supply.

Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login
Bitcoin bring intrigue to the society and the more we advertise bitcoin and more people knows about it, more are wanting to have it. With millions of people around the world that wants to have bitcoin, that is the mean reason why value raised so high. Scarcity contributed to the rise in the price of bitcoin. law of supply and demand as we call it. The more we advertise bitcoin the more expensive it will become in the future.