Post
Topic
Board Bitcoin Discussion
Re: What Makes Bitcoin Valuable?
by
muhhentuhhen
on 17/09/2019, 17:12:27 UTC
I think that makes the price of bitcoin has a very expensive value because bitcoin has a very high demand and is influenced by the existence of a limited total supply so that the price of bitcoin can be very expensive like this.

It is expensive also for one more reason. There aren’t enough Bitcoins for everyone and it comes from the fact that only 21 million bitcoins will exist in total and not a coin more. Now about 7.7 billion people live on the planet, and if you give each of them one BTC, then they will be enough only for zero 0.27% of the world's population. Many guys have already accumulated much more than 1 BTC, on some wallets coins are kept in thousands.