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re: Why is Bitcoin soaring?

Posted on 3/1/24 at 10:43 am to
Posted by slackster
Houston
Member since Mar 2009
85387 posts
Posted on 3/1/24 at 10:43 am to
quote:

More buying than selling. This is the only reason this stuff ever goes up in price.


, supply and demand is the only reason any asset goes up. Hard to knock crypto for that.
Posted by SlidellCajun
Slidell la
Member since May 2019
10559 posts
Posted on 3/1/24 at 2:08 pm to
quote:

supply and demand is the only reason any asset goes up. Hard to knock crypto for that.



In a simplistic way, it’s true but the deeper question which was implied in my original post is-
Why is there demand?
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