All around the Internet you can find complex theories and analysis about the future of Bitcoin, regarding its volatility and long-term profitability. At Dex-Trade we believe in a more logical, simple and realistic prediction of the future of Bitcoin according to its own nature.
It's a fact that there are in total 21,000,000 Bitcoins available on the market. So when the demand for it continues to grow, the price in asset value will increase as well. And we all know the rapid growth of people who start using this currency every year.
You only need to have a basic knowledge of economics to understand this. The law of supply and demand says about the basic principle on which a market economy is based:
"When the price of a product or service increases, the demand for it decreases."
At Dex-Trade, we believe that Bitcoin is an exception to this rule, because after demand continues to increase, the price of Bitcoin will also increase. And we should keep in mind that since there is a limited number of Bitcoins available, this currency will not produce inflation. Even if the price of Bitcoin increases, demand will not decrease, it will always tend to grow.
Beyond the price, Bitcoin is a perfect product, which has to be implemented in our lives, since it delivers a huge amount of benefits to the different trading markets, but most of all to the people in every corner of the world.
This is why we believe that in the near future it will become a necessity (just like the Internet is today), so people will use it anyway. For future generations it may be a luxury to own a single Bitcoin, the value will increase so much that people will start using the term Satoshi more.
We hope you liked this article, and that it was a good source of knowledge for you.
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