How High Will Bitcoin Go?

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  • The supply of bitcoin and market demand for it
  • The cost of producing a bitcoin through the mining process
  • The rewards issued to bitcoin miners for verifying transactions to the blockchain
  • The number of competing cryptocurrencies
  • The exchanges it trades on
  • Regulations governing its sale
  • Its internal governance
Courtesy of Bitcoinist.com
Courtesy of Bitcoinist.com
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