Post
Topic
Board Bitcoin Discussion
Re: What Caused the Boom in Bitcoin
by
Aztek
on 13/05/2018, 16:35:34 UTC
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 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.
We know the system of bitcoin i guess the only reason why bitcoin is get  popular because it is obviously a high technology we cannot find a transactions of money where easily be transmitted in just a second anywhere in the world easily using thing bitcoin easily we can do that and at the same time bitcoin is also a investment for all of us having a money in the market making the demand of bitcoin to pump its market cap. obviously, the real cause of the pump is the demand of bitcoin because it get popular a lot of people want to try it.