Who knows Bitcoin will the Number one in the future? Does anyone know that's bitcoin will still work in the future? I think here a new coin will get the first place in the crypto market. Any coin takes this place. Need more popularity and marketing with a good opportunity.
So, My question is, Will Bitcoin remains the king of Crypto Market in the future?
Once again we will win at Coinmarketcap, through increasing interest in Bitcoin, of course the volume of transactions will increase. Increasing demand (demand) is not in accordance with an adequate supply (stock / stock), this clearly makes the price of Bitcoin skyrocket. In addition, the maximum stock for Bitcoin is 21 million pieces, while the supply that is already available is more than 16.6 million. Related, the stock of Bitcoin is only 3.4 million, this number will never meet the demand that occurs throughout the world, so that it can be ascertained in accordance with the law of Requests & Offers, "Demand will always be greater than the Bid" which will cause the price of Bitcoin in the future the front will be more expensive - (Exceeding Supply Demand = Rising Prices). Bitcoin is designed to always improve deflation (limited / limited inventory), if we analyze the supply of bitcoin it will always decrease every 4 years or commonly called "Reducing Process". That is, the number of Bitcoin that will be issued by the blockchain system will be reduced by half. At present, the BTC size that appears every minute is only 12.5 BTC, then after Halving happens, there will only be 6.25 BTC that will appear every minute. This is clearly the perfect design for excessive supply which can make the price of goods drop. The price of Bitcoin is indeed designed to be more expensive over time and no one can increase the price of bitcoin except the offer and demand itself.