Bitcoin raises 5000$ in one week reasons.

in bitcoin •  7 years ago  (edited)
  • There are only a handful of websites that accept bitcoin. Imagine the day Amazon and Ebay starts accepting Bitcoin.

  • Today most of the value of USD is because anybody can buy oil using USD. The most of the value of USD is because it is a globally accepted currency. The day the world feels that they have a credible alternative the price of USD tumble.

  • Bitcoin mining has the potential to become individual contry’s pride and also having a say in International finance. The more countries joining the bandwagon, the stabler Bitcoin becomes.

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