Post
Topic
Board Economics
Re: Future occurrencies that can increase bitcoin price.
by
Essential10
on 30/04/2024, 12:06:34 UTC
There are certain occurrences that can reduce or bring down the economy of a particular Nation there by also making there currency lose value in the world market for example war.

And there are also certain occurrences that can increase or rise the economy of a particular Nation there by also making there currency gain more value in the world market for example emergence of good and intelligent government.

Therefore I believe there are certain occurrences that will increase the price of Bitcoin to a very magnificent price.
 
for me adoption of Bitcoin as world digital currency.

I will also love to hear from everyone in this forum what you think can occur in the future that will increase the price of Bitcoin to it magnificent price.
It is possible that certain events may wreak havoc on the economy.  I don't know exactly what will happen tomorrow in Bitcoin, only based on guesswork, it is very difficult to analyze properly.  Bitcoin Although many investors are increasing day by day but due to ban on Bitcoin in many countries I think Bitcoin industry is not moving very fast.  For example China, a country like China has banned Bitcoin.  China's population is huge, let's say if Bitcoin is allowed in China it will expand greatly.  Again, suppose that many countries have export trade agreements with China, in which case China will be able to promote commercial Bitcoin transactions with other countries, and even force Bitcoin transactions at some point.  If only major economies  country support Bitcoin, it won't take long for smaller countries to join Bitcoin, but there's no definitive answer as to how long it will take for this to happen.  Still the popularity of Bitcoin is high, this year has reached new heights. I hope will more increase  day by day.