I've been watching and monitoring bitcoin for close to 3 or 4 years and I can say this year has been the best year for the crypto and all the investors in the market, firstly, the coin witnessed an unpredicted increase in value this year more than any other year before.
I know that the value is based on the principle of demand and supply but I'd like to know what else contributed to the price value and the popularity bitcoin has right now globally.
I think bitcoin is not booming.
Bitcoin has been around for a long time.
Maybe in the near future, many people use it because bitcoin has a high value. The high bitcoin price besides the demand and supply element is bitcoin currency has positive value in the form of not having inflation and world currency.