Why is Bitcoin value rises? Will its value still rise in the future?

[kirknet]

I am very interested on Bitcoin because I read a lot of news and article about the value of Bitcoin. What is the basis of its value? Will Bitcoin value always rise even in the future?

[c3pool]

I am very interested on Bitcoin because I read a lot of news and article about the value of Bitcoin. What is the basis of its value? Will Bitcoin value always rise even in the future?

a google search for "bitcoin price" will give you instantly about 11,900,000 results. your question is crystal balling.

[GCP17]

will the value of your real estate rise in the future?
we all hope so, but who knows?
please never invest anything you can't afford to lose

[Opquar]

Its value is tied to the demand for it. The more people who want to buy, the higher the value gets.

Its value is expected to rise because it has only reached a small percentage of the global population. If everyone in the world started buying and using bitcoins, each coin can easily be worth multiple millions of dollars. Its value will rise if the demand for it rises is really the only conclusive answer to your question.

[Bobby_D]

The value of bitcoin is determined by 2 factors. The first factor is its demand and supply. The second one is its restricted number - there is a  hard limit of 21 million bitcoins that could ever be existed.

[faimloup]

There is a hard limit of BTC. As demand grows for a scarce resource the price will rise.

The introduction of Bitcoin futures, legalisation in more countries as recently in Japan, and many other near future factors will keep increasing the demand for BTC for the foreseeable future. But it will continue to be extremely volatile.

[doreraj]

suppose no-one say you for shure that it will be in that way or not be in that way, because life always can change some points of view what is valuable and what not...but if to speak about BTC there are very good chances to grow in future

[Abn]

I am very interested on Bitcoin because I read a lot of news and article about the value of Bitcoin. What is the basis of its value? Will Bitcoin value always rise even in the future?

keep watching on its value til the future, nobody knows about future of bitcoin whether it rises or not. your question is annoying.
i never ask that stupid question eventhough i'm newbie.