Why the price of crypto currency should grow

in #crypto6 years ago (edited)


Recently, you can hear more and more throws about the growth of bitcoin in the coming months. The organizers of fake information do not bother much and simply repeat what is already known to everyone, last year's scenario, but as they say in a new way. If you repeat something for a very long time, then you begin to believe in it.
So what is the reason for the growth of the crypto currency. What forms its market value.
Demand and once again demand. Its value is demand. In other words, if someone wants to part with their modest, honestly hard-earned money and buy game coins on them, then a price will arise.
If we proceed from this concept, then the real value can be determined not by the value of the coin at the moment, but by the number of real transactions, when the coins go to storage. Or, differently, the number of new denets spent on their acquisition.
If all is spent 1mln dollars to buy bitcoin, then this amount is divided by the number of issued bitcoins and get a real price.
In ordinary life, it is difficult to do, how to track all the cash flows spent on acquiring coins. No way. This is what experts use to predict an infinite growth, the fact that growth should not at all by its nature. As you know, the goods all the year loses in value after the acquisition of it, especially so moody as entertainment.
The myth of the practicality and necessity of coins has practically come to naught. There is also no useful function in coins, how not to puff adepts of this market, trying to put them somewhere else. But nevertheless the market exists and not a small one, it works by its own rules. If you do not know the rules and do not have access to them, then you have nothing to catch here, rather lose than get. But the cases are different.

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