bitcoin is so expessive because of the demand. Many peoplr wanted for it.
Its status of being become a darling in the the cryptocurrency made it more expensive
Topic: Why bitcoin so expensive? - page 12. (Read 6512 times)
Bitcoin is so expensive if it will be converted to my country's currency it will cost hundred of thousands.
Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
Crypto- or not, Bitcoin is like any other currency. It rises a value if people have confidence that it will rise in value - a self-fulfilling prophecy if applied on a mass scale, that it will remain scarce (guaranteed by the ever-increasing difficulty of mining), and that it can be exchanged or used.
Bitcoin is so expensive because people believed in it as a currency and as an investment vehicle. This hype drove the price up.
for me because of its significant value and that is what matter for the investors. The significant value is the thing that the bitcoin has which is what all the the investors are seeking.
Price of a product in market depend on the demand and supply. As according to my knowledge there are only 21 Millions BTC still in market and there are customers are very large in number as compare to present BTC in market. As the demand is increased more and more then price of BTC will also increased more and more while as the demand decrease then price will also be decreased. As the performance of BTC is improving more and more due to which demand of BTC is increasing.
Bitcoin is so expensive if it will be converted to my country's currency it will cost hundred of thousands.
Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
yeah Bitcoin is the digital currency that has been spread into the world because of that bitcoin day by day will be know by everyone in this world and if they're interested about it thay gonna buy it and after they buy the demand gonna rise and also the price gonna rise too. so thats why bitcoin is so expensive. Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
It is base on the demand and the supply , it is expensive because there are many people who wants it so the prices are higher and the people who invests makes a difference to the price of bitcoin, they invest for a good purpose which makes their assets valuable.
Bitcoin become expensive because of the demand of the people,there are many investors on it so the value of Bitcoin is going higher and higher. Also many people using it, That's why bitcoin price is continue rising and if many more people interested. Bitcoin is one of the most popular online coins in the world.
Its expensive because the law of supply and demand applies on it. There is so much demand on bitcoins , tendecy the price will increase , and if there are many supply the price will decrease. It goes like this , A market with less store and a bunch of people, The prices are higher because of the competition by the people or the users and the higher you price it the more you can have it.
Its the logic of demand and supply. the demand for the bitcoin has continuously been growing. Bitcoin generating power getting reduce every 4 year by half of its generation. Millions of people are investing in bitcoin every day. Only 20 million Bitcoin will be generated in 125 years. So in future the demand will be high and supply will be less which results in high gain in price of BITCOIN
supply and demand in high market. That's because people are choosing to use bitcoin as their internet currency. Bitcoin really has potential, and I would not be surprised if Bitcoin would reach that 10k number because people's support for Internet Currency is indescribable.
Cryptocurrencies are all the rage & Insane these days, especially BTC.
however it might become a serious problem for the world by 2020.
Because mining btc or any other cryptocurrency consumes a massive amounts of energy.
For example! a transaction worth a single BTC uses the same amount of energy consumed by a house in an entire month.
that's Why ! some projects based on solar system has been started.
however it might become a serious problem for the world by 2020.
Because mining btc or any other cryptocurrency consumes a massive amounts of energy.
For example! a transaction worth a single BTC uses the same amount of energy consumed by a house in an entire month.
that's Why ! some projects based on solar system has been started.
Bitcoin is so expensive if it will be converted to my country's currency it will cost hundred of thousands.
Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
The very basic answer for this question is because of the high demand for it,Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
The price of it is base on the stock and demands just like in stock market I think it is because almost every country is using it already and there are tons of multi millionaire that is investing in the bitcoin.
Simply because of the demand that out there for bitcoin right now. The more people want it, the more expensive it gets.
If you talk it about a general perspective then yes you are right, it is the people who are more investing in it and that is the reason prices are getting higher day by day. Same is the case when you talk in some business terms, actually the supply of bitcoins is fixed where the demand in the market is just increasing, as you have said it right. That shoots up the demand level and thus prices becomes higher. It's really popping now! But not just bitcoins... has anyone invested in some ICOs? I invested in modultrade, love it
Yes people are complaining about it and they are forgetting about profit they are going to have in future;. Price of bitcoin is best for everyone to have best and high profit I can say future with bitcoin is totally up to price of bitcoin is bitcoin price will be high chances for profit will be high and if price of bitcoin will be low chances for profit will be low so just be calm and be ready to have benefit from it.
Bitcoin become expensive because of the demand of the people, there are many investors on it so the the value of bitcoin is going higher and higher. There is a limited allocation in bitcoin because there are only limited of supplies. It just in economy, there is law of supply and demand. As we can see bictoin is always pumping because of the investors and more investors wants to invest in bitcoin because bitcoin is more trusted, capable and more consitent than other coin.
Since it’s high price many people became rich, i don’t think that they have any complaints lol. Unfortunately i’m not one of them
The reason why bitcoin is expensive because of it's popularity and high demand in the market and many investors now are investing in bitcoin and also many people using it,that's why bitcoin price is continue rising and if many more people interested in bitcoin and the supply in the market will high it's price will continue increase.
The market demand is great. Limited allocation. a simple description to describe the bitcoin price reaching its highest point to date. that's why finding bitcoin is getting harder
Yes bitcoin so expensive because of more demand , when demand will be more automatically price will be more . In current generation people are more crazy on bitcoin and people are getting more profit as well this is the major reason bitcoin demand is more and bitcoin price also more .
Even people can buy bitcoin in decimal also like 0.0001
Even people can buy bitcoin in decimal also like 0.0001
Its because of huge numbers of investors. You expect in this business that the bitcoin will pump up the price because many people are interested of bitcoins.
In my own opinion, Bitcoin becomes more expensive because of the people who is still investing here. As we can see right now bitcoins price is continue on increasing its price. Its not like before that bitcoins price is low. Bitcoin is expensive because of a lot of people who are still using it. And it will continue to increase if their are many people who are more interested to join this.
Since it’s high price many people became rich, i don’t think that they have any complaints lol. Unfortunately i’m not one of them
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