why bitcoin price is increasing??

in #bitcoin8 years ago


With increased usage and wider adoption of Bitcoin, the demand for bitcoins is always increasing. With a constant supply and increasing demand, the only factor in the equation that can budge is the price of bitcoin – by going up.

Factors:
Bitcoin Payment Network – Bitcoin as a currency
Bitcoin Storage and Transfer – Bitcoin as a store of wealth and medium of value transmission
Bitcoin Exchange Rate – Bitcoin as a market instrument and commodity

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