Post
Topic
Board Bitcoin Discussion
Re: The ideology of Bitcoin
by
GreatArkansas
on 13/08/2021, 10:55:51 UTC
So bitcoin will remain if there is demand that will push the price to go higher.
Does the price really need to go that high for it to remain?
I believe it's a talk of volume as the price is somewhat ok within the range of $40k to $60k. If the price rises so high above $100k, it might scare many who will think it's too late away.
The price rises as more and more people recognize it, and it will be higher in the future.In the future, satoshis will be used as the unit, so it seems that the price will be'not high'.
It is expected. Basic demand and supply.
Bitcoin for me is the extremely perfectly created currency with preserving its value. It greatest invention of the century for me.
Bitcoin is created just to go up only. And I am very positive that even government can't take down Bitcoin.