Post
Topic
Board Economics
Re: popularity of bitcoin dictates demand, means more profit
by
COCOMARTIN
on 03/08/2018, 18:52:36 UTC
in my opinion, this is what happening right now as the trend of bitcoin price has been sky rocketing.  what do you think affects the price increase of bitcoin today?
The price of bitcoin is now based on the amount of people who are interested in bitcoin. So when many people invest in bitcoin it definitely will increase its price. Demand increases in the price!