Quote from: suraza21 on June 06, 2018, 07:44:04 AM

Quote from: tuikindu01 on May 16, 2018, 06:27:25 AM

The rise of bitcoin is driven by many factors. In the end, the rise of BTC prices is due to the increasing perfection of its investment attributes. BTC no breakthrough in usage scenarios, but as an investment, BTC has already is an important investment target, whose nature is more and more like gold, its use value is no longer important, important is its increasingly recognized as an investment.

The rise in price of bitcoin is affected by the supply and demand. If the demand is less then the price will decrease and vice versa. It depends on the amount of btc dug up day by miners. Its speaks to the market demand for this bitcoin paradigm

I think BTC has no breakthrough in usage scenarios, but as an investment, BTC is already an important investment target, which is more and more like gold, its value of use is no longer important, what matters is getting known as an investment.
The rise of bitcoin is driven by many factors. In the end, the rise in BTC prices is due to the increase in perfection of its investment attributes.

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