Bitcoin is both a currency, a virtual asset and a payment platform, Bitcoin can be understood as a social network special in payment.
Bitcoin is valuable because of its popularity. More and more people are accepting Bitcoin payments, which makes the value of Bitcoin increasingly. The value of Bitcoin is shown that amount of people using this crypto currency, it means that the value of Bitcoin is unstable, which can increase or drop at a rapid rate.
Moreover, remember that Bitcoin is not the only crypto currency. The appearance and growth of many coins have similar properties, even more advanced than Bitcoin about technology and platform also more convenient in payment. That makes Bitcoin will lose its value.
Topic: The stability of Bitcoin crypto currency (Read 149 times)
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