Post
Topic
Board Bitcoin Discussion
Re: What Caused the Boom in Bitcoin
by
missg23
on 29/05/2018, 03:12:48 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.
It was due for a price increase, it's been over 4 years.

It has a higher value and consume by many people  a very friendly apps.

Bitcoins has higher value and it is more demanding to people. More and more wants to invest even if the markets high's and low's