I was having a conversation with my friends about crypto currencies and they asked me a question about why Bitcoin price is very expensive and people are still investing in it but other altcoins are still low but people are having a double mind to invest in it.
I didn't talk much I told them that, that was how it was with Bitcoin when it started but deep down me I wanted to give them more reasons but I was short of words so I guess my people here still have something more to say so I would love to hear from you so I can tell them when this topic arise again.
You yourself know that Bitcoin is the top number one coin in the crypto world and only Bitcoin has been declared as a legal currency in many countries. And on the other hand, Bitcoin's supply is limited and no one can increase its supply even if they want to. Due to which day by day the demand of Bitcoin will be more expensive. Investors have been investing in Bitcoin for years with this in mind. So the Bitcoin crisis is slowly appearing in the market and that is why Bitcoin is becoming more and more expansive. And in the future surely bitcoin will be more expansive everyone has to believe it.