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RE: What Gives Cryptocurrencies Their Value
Bitcoin's value depends on supply and demand. Its advantage is the savings and transaction speed. But the greatest value comes from faith. People believe in it, now Amazon has accepted a payment in Bitcoin, followed by ebaz, facebook. Bitcoin has become unstoppable, all other currencies are escorted and will become worthwhile. Now is the right time to invest, the price is still low, we expect growth to $ 100,000 - $ 200,000 in one year.
I'd like to see Steem that connects to amazon, ebaz and other strong companies. It would be a real boom for all of us who work on steemit. Excellent analysis and details - thank you for useful information @zer0hedge