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.
As I would like to think the boom in the estimation of BTC was caused on the grounds that an ever increasing number of individuals were utilizing BTC for their exchange and it generally till the system wound up obstructed with unconfirmed transactions which influenced the charges to go higher and when that happened individuals quit making transactions which at that point dropped it to this present esteem.