1 Bitcoin = $1,025 and soon:
1 Bitcoin > $1,200.

I want to say i told you say without sounding obnoxious, but i have some rights okay. Anyways, let’s get serious now…

--- >WHY IS BITCOIN GOING UP LIKE CRAZY?

--> Capital controls
Government crack down on currency and financial market controls forced people to give up their currency and get Bitcoin. This is increasingly popular in India, Nigeria, Mexico and the list goes on.
Bitcoins is a safe haven for underperforming economies
Greece, Venezuela, Mexico and the Euro zone are seeking refuge in the BTC because their economic position or future prospects seem weak and/or uncertain.

--> Steady growth of supply
Steady (non-man made) supply growth, just like gold, which is also predictable and anti-inflationary unlike your everyday currency. (inflation is a scam btw. Ask an economist to explain why its there)

-->Growing acceptability
Bitcoin classified as money in a district US court. Microsoft also refers to Bitcoin as a currency. Increasing acceptability around you today!

-->Interest-free economic currency
Perhaps, without realizing, this is the the reason Bitcoin is here to stay until the end of time. Because of low human intervention, Bitcoin is incorruptible. Charging interest is a flawed mechanism to manipulate the economy. The “money lending multiplier” which is used by the central banks to compute how much risky loans they can give out causes a moral hazard for big lending institutions leading to bail outs and a widening income gap between the rich and poor - artificially and unethically.

-->The technology behind Bitcoin
The Blockchain is where every single transaction is recorded whether for the purpose of maintaining a public ledger of a completed transaction or to bind contracts - is up to us how we use the tech. This is a game changer and the development on this is in infancy

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