I think everyone has this question in there mind, since everyday we hear about bitcoin being called scam.I thing it will keep on rising, and these are the reasons behind it:
1)Millennials have lost there trust in the value being stored in gold, regular banks, etc, they are looking for alternate investment options and bitcoin is on top of the list.
2)Bitcoin as a store of value is more popular than its application as a currency.
3)Bitcoin is here to stay as there is a wide spread adoption, new exchanges popping up and the dependence of some of the altcoins on Bitcoin.
4)Bitcoin is a term unheard for more than 99% of the world, when they learn about Bitcoin and understand its importance,the value of Bitcoin will increase.
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Congratulations @gamparohit! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @gamparohit! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit