Overtime now it seem like bitcoin is lacking direction but from the look of things it has started gaining effectively price direction and this is going to going a long bullishly but am trying to ask why is moving now on the fact that dollar is rising extremely I thought that would affect the demand and supply of bitcoin... Is this the green opportunity for us to buy or is going to return back after a while let me hear from you because have started calling to ask if they should buy base on the current bitcoin progress if is going to last. Do you think the price will continue voraciously by the day?
Talking about Bitcoin is not just about price. Bitcoin has had difficulty moving upwards recently and that does not indicate that fiat currencies like the Dollar are better than Bitcoin.
Bitcoin is used as a transaction tool, but Bitcoin is mostly used as an investment asset. For people who choose Bitcoin as a long-term investment asset, the issue of prices being difficult to move is not a problem because their target is not to expect profits in one year but more than that time.
The number of Bitcoins is clearly 21 million and that will not change. At least up to now the supply continues to circulate, which has almost reached the maximum number of 21 million.
You already understand very well that the number of Bitcoins will not continue to increase like the paper money that is printed every year.
Imagine when the maximum number has been reached. So what are you waiting for while you still have the chance.