Quote from: Asuspawer09 on June 28, 2020, 07:53:39 PM

Quote from: Bect1936 on June 28, 2020, 04:48:52 PM

People and traders are putting the value of Bitcoin, they want to buy it and the prices are constantly changing>
you can make a profit on the same day and withdraw your profits.
you will buy rich and back to invest. invit your frind and family, they will invest and both scarcity and utility.
hard limit of 21,000,000 bitcoin units it multiply your profits.

Yeah, its the demand that putting the value in bitcoin if there is no demand in bitcoin market price is going to go zero or if there is a high demand market price will increase. Bitcoin is just a digital currency so there is no physical coin or something, it's more like of supply and demand thing that's giving value to it. So the more investors the more demand in the market price and the higher the value of bitcoin.

I'm totally agree with your thought. Economists say that

Quote

"as long as there is demand for a product or commodity, its price will go up."

We all know that now the demand of BTC is much higher, and its demand is increasing day by day. This is why the price of BTC is so high now. If ever there is a cryptocurrency that will become more popular than BTC then the demand for BTC will be decreased, which is never going to be happened. and if the demand for BTC will decrease then the price of BTC will also go down.