Money Talk

Why is btc so expencive now?

Submitted by robertlora97, , Thread ID: 57980

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RE: Why is btc so expencive now?

masara
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01-11-2017, 06:00 AM
#7
btc naturally will continue to increase in price because it there is a finite number of blocks that can be mined. Once it's depleted, it'll either plummet in price (nobody wants to use it anymore), or continue to skyrocket. Honestly, it's just intrinsic value that people place on it, as is any currency out there.

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