Quote from: ajaymukund on August 04, 2018, 04:06:45 PM

Quote from: SugoiSenpai on December 08, 2017, 03:46:22 AM

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

Bitcoin's value is down from sometime and it is not able to recover.Bitcoin is famous due to its volatile value only.Its value depends upon a number of factors like the forces of demand and supply,the amount of investment done in Bitcoin,how much countries supporting Bitcoin or have banned it play a major role in determining its price.2017 was the year of bitcoin and people are expecting the same this year too.People are holding their bitcoins as they have faith in it.