It depends and is a matter of time perspective. In the short run this has not always been true, quite the contrary, but in the long run, it has been true until now. Bitcoin’s price has been on the upward move ever since the first Bitcoin was mined in 2009, but prices have been volatile and Bitcoin Legal , with long times of devaluation in between. While the Bitcoin price has all the potential to become much higher as the technology unfolds, if scalability issues and regulatory issues are resolved, and when network effects come into place. However, Bitcoin is getting more and more competition by it’s own forkslike Bitcoin Cash or Bitcoin Gold, and also by more anonymous solutions like Monero, Zcash, or scalable solutions like Dash and Stellar, or even Ethereum and similar platforms — if and when they manage to solve scalability questions first.
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