Why is Bitcoins value continously growing? Will its value continue to grow or will its value finally go down?
As of January of 2017 the Value of 1 Bitcoin is $1,139, and as of today its value is $16,680, this is absolutely insane how Bitcoin grows.
Personally, I think Bitcoins value will still grow because it has huge potential and not many people know about it still.
I think this is the inherent imbalance of supply and demand. In that supply is gold and demand is too much expectation of value will increase again of bitcoin. So its so rare that the value bitcoin soared