Post
Topic
Board Economics
Re: If Bitcoins aren't tied to a conventional currency how did they get so valuable?
by
kujaroth
on 30/07/2018, 12:43:55 UTC
It is about the supply and demand of the bitcoin. That's just how it works. Meaning that if the supply meets the demand. The value of crypto would become stable. But due to the fact that the demand is higher than the supply. Bitcoin soared up so high in its value.