What makes Bitcoin and other CryptoCurrencies go up in value?



What makes Bitcoin and other CryptoCurrencies go up in value? Francis Hunt, stock market trader and educator comments. PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Is it hype, speculati…

10 Comments

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  2. Hype and Fud might triggle certain cyles that are imminent. Some coins are trash true and just good for pump and dump. But some of them offer real value. Some of them already have products that will make a huge impact. For example TenX is offering a Visa debit card with cyrptocurrencies. Others offer security, Others offer fast transactions etc etc. It's an ecosystem and will have long term ramifications. Some currencies are constantly being devalued by these record low interest rates. Look at the vaulations of GBP, EURO against currencies in Asia. Since 08. It has lost depending on the currency your comparing it to 20-50% of purchasing power. People are looking for places to put their fiat currency that won't devalue and be susceptiable to governement policies on devaluing its currency.

  3. Really interesting video, I agree, I think we should differentiate between bubbles and new technology and thinking- using the Internet to create businesses was huge – and Blockchain could be huge too

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