Post
Topic
Board Economics
Re: Ok. Number of Bitcoin transaction increased double. Expect price increasing?
by
chip1994
on 19/01/2020, 07:13:47 UTC



So i heard that the number of Bitcoin transaction increased double recently.

which means i can expect price increasing near future right?


The increase in volume was due to the high demand for bitcoin at the time. it stems from political turmoil and countries at risk of war. That's why the price of both bitcoin and volume have risen sharply in recent days. Another great thing is the halving event, only 118 days from now it will officially take place. That is also the main reason for the increasing demand of bitcoin and hope that in the future it will continue to increase to reduce inflation rate of fiat.