Quote from: ashfer on February 03, 2018, 02:58:01 PM

Bitcoins has value as it has gained trust of everyone globally , its value keeps growing as result of the trust that was being build by its investors on it.BTC has proved itself to be one of the best crypto currency which is beneficial on long run.Last year the value of bitcoins increased and crossed 20K USD as a result of more demand for bitcoins by its investors later the price started dropping because the existing btc holders started withdrawing their coins as they thought that the market will crash after a hike which resulted in a panic situation for new btc holder and they also started selling off thinking that they will end up in loss .The value of btc increased as it has become one of the most attractive form of investment which does not make the investors pay tax nor have to disclose their identity.

Bitcoin is money, the value of money is the value of bitcoin (if one day the world can be used universally, it is the world currency). Only bitcoin is still growing, its value is not so obvious.

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