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December 23, 2017, 02:09:07 PM |
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Bitcoin value is drive mostly from it demands and supply, and when the is high market demand of bitcoin it value tends to increase just like every other commodity in the market e.g gold and real estate bitcoin value is subject to demands. When the demands are high the value increase, and again since bitcoin is decentralized and can not be printed by government or any body to avoid inflation the supply is limited and when ever the demands increase it must reflect on bitcoin value.
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