Post
Topic
Board Speculation
Re: bitcoin technology has been obsolete, why bitcoin prices still expensive?
by
hakertajniak
on 02/06/2018, 08:44:41 UTC
I want to ask, many people are talking about bitcoin technology, they say bitcoin technology is old and outdated, why bitcoin prices are still expensive, why do so many people also buy bitcoin, according to you, what determines the price of bitcoin

imagine this, peoples sell bitcoin for $1, and you buy it. Now you want to gain profit by selling it. You sell it for $2.
And other peoples buy it. The other peoples want to make profit too, now they sell it for $4. And it is repeating.
Bitcoin was like that since it was created until now. No wonder that bitcoin price is very expensive now.