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RE: BTC HAS LEFT EARTHS ORBIT AND IS ON IT's WAY TO THE MOON

in #cryptocurrency6 years ago

I think bitcoin's price rise is because of two main factors

  1. the fame it has got being the first cryptocurrency
  2. The massive numbers of new investors/people entrying into crytocurrency market everyday. For the amateur/novice/less-educated investors, wanting to invest in cryptocurrency for the first time "Bitcoin" is synonym of "Cryptocurrency".

Even when I was unaware of cryptocurrency, I remember, I heard the word "Bitcoin" and heard about its popularity and profitability, way before hearing the word "cryptocurrency".

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