I want to ask, many people are talking about bitcoin technology, they say bitcoin technology is old and outdated, why bitcoin prices are still expensive, why do so many people also buy bitcoin, according to you, what determines the price of bitcoin
I think that makes the price of bitcoin expensive because there are enthusiasts, so many who buy and the price will rise, whereas if the buyer is quiet, then the price will go down. and enthusiasts who join bitcoin are getting more and more investors are investing in bitcoin investments, and the number of people who buy and sell bitcoin grows so that the popularity of bitcoin increases.
That's your claimed about Bitcoin? I supposed you have a bases on the above question, But needless to say, Bitcoin technology is the present and advanced Blackchain system which is just at the infantile stage. The Bitcoin price is expensive because its the number one coin among all the ALT coin in the market, it has good fundamentals, with high level of confidence by the investors, market structures are clear and stable, this are just the few indicators that Bitcoin is Value for such a price in the market.