Quote from: Yamifoud on February 21, 2022, 06:23:28 PM

Quote from: AakZaki on February 21, 2022, 04:53:05 PM

Quote from: willoweb on February 20, 2022, 02:19:46 PM

The value of bitcoin is obviously given by its limited number, increasing demand, a growing number of miners mining bitcoin - this ensures, as you know, the reliability of the network. There is a growing awareness among the public that bitcoin is a great long-term investment tool. There is also a large and growing interest among large investors in bitcoin as part of an investment portfolio. All these factors, together with legalization in different countries, positively affect its value.

Bitcoin is said to be a great long-term investment tool because in recent years bitcoin has experienced a rapid increase and is able to make the world go into an uproar with the achievement of bitcoin prices that continue to rise. The more bitcoins are mined the less the number of bitcoins that can be mined is that there are only 21 million Bitcoins available. according to predictions all will be successfully mined until the year 2140 and it is still a very long time.
at that time bitcoin will experience scarcity and will certainly be a rare digital asset.

It is a teaser that makes many people encourage investing in Bitcoin while still young and growing. Coz at the moment that it has finally reached its highest value ever and all are mined, we can never see this price again. For now, it was a thing that can be ignored but sooner or later, this become valuable more than anything. In fact, known personalities and business owners are into this investment which means that this really has fortune and it is our biggest regrets if ever we miss this.

I agree that the limitation of BTC gives it value because it obviously makes it a totally deflationary economy, in addition to the fact that if we go to the price it is currently given merely by market speculation, institutional investments have arrived in an impressive way, the whales are also a guarantee of giving value to BTC, however, there may be rivalry between bear whales and bull whales, which, both need the market, however the best of all is that the BTC market obeys the law of Supply and Demand, I think qeu all this is of greater guarantee and support than the same FIAT money.