bitcoin is the first coin created

Bitcoin attracts more investors in 2017 and they become crazy about it. Many get profits ranging from 100% even 1000% in a very short period. This is what causes Bitcoin and other crypto to get exposure from large media and the creation of thousands of new altcoin. (Note for this article I have abbreviated cryptocurrencies with CCs).

There are many reasons why CCs may increase or decrease in value but the main reason is not
out of supply and demand. Here are 8 Main Reasons Bitcoin Can Break the Exchange Rate $ 100,000 Or More, I have chosen $ 100,000 because I've also heard
that bitcoin exchange rate could reach $ 1 million, my mind guessed it was to get media attention only.

At most only available 21 million Bitcoin out there. The first was mined on January 3, 2009 and there are currently about 16.8 million circulations.
As you can see from the graph
logarithmic below, the harder it is to
get extra Bitcoin. Because it is more difficult to mine together because it is very crowded once the bitcoin seekers

What is unique about Bitcoin? bitcoin is the first coin invented, accepted by investors and businesses with the most media attention. Many new companies are formed to support and trade them, thus making others pay attention and try to buy this coin. I count these three things as one reason because they have synergistic effects with each other and help create demand.

Hold Bitcoin can happen because of its owner
expect the value of bitcoin to increase. While this could limit the supply of Bitcoin so that bitcoin prices will skyrocket. Only the fewest fastest to trade, if I see now they are more determined to HOLD bitcoin.

The US dollar is considered the safest currency in the world because it has the confidence and gained full support from the US government. However, Lately I suspect more and more people are looking to Bitcoin and other CCs as a safe place in the future.