I know bitcoin when it price 300$. But i don't buy Bitcoin cause i can't believe it. Today btc price highly increase but why? Can you tell what reason?
Actually there are many reasons like
1. There is no 3rd party who can be benefited.
2. Here is only P2P transaction which is very healthy for buyer and seller.
3. No control of Govt.
4. Easy transferable.
5. Time an risk saving
6. Easily handle-able.
etc....
I think for all these characteristics people going to trust on BTC and making investment so that BTC price going high day by day.