the supply and demand , when someone like a big investor , bought a lot bitcoin maybe equivalent with $100-200k , the price will fastly increased.
did u think when u bought bitcoin at 2015/2016 ? , then u sell now , maybe u will be a millionaire if u buy at 2016.
but who knows bitcoin price will like that ? no one knows.
because when a new investor , interesting to invest at bitcoin , its will make bitcoin price higher , and more popular , why bitcoin is so famous ? because the price.
i not shocked when i see the bitcoin price like that , because i learn from past , when bitcoin price is cheap , and rise till now.
Topic: Why bitcoin so expensive? - page 18. (Read 6512 times)
I do not think that bitcoin is expensive, next year we will see a much larger price of bitcoin and who else is thinking of buying or not, then it is better to buy now, while the price has not soared to bitcoin
i think it depend on the currency. many people are now using bitcoin and invest money to earn thats why bitcoin price getting higher.
It is depend on people investment so fast in bitcoin, that the reason bitcoin is going to expensive. But when bitcoin come in 2009, then in that time, bitcoin was not expensive, its price was nearly $1 and now bitcoin is $15660. People did investment on bitcoin thus this day is come when bitcoin is too much expensive for us.
Bitkoyn, like any money with a restriction of production, first grew due to the fact that there was in it the need for quality of payment. But now, in recent years, it has become a means of accumulation for many people. As a result, they just stupidly accumulate in their e-wallets until better times
And, as a means of accumulation, it is in much greater demand compared to the means of payment. The matter is that bitokoyn as a means of payment uses a very small part of users. This, in general, a rich class, which evaluated the consumer properties bitcoin.
But as a means of accumulating bitcoins, not only the rich class is used, but also the middle class and the poor class.
And, as a means of accumulation, it is in much greater demand compared to the means of payment. The matter is that bitokoyn as a means of payment uses a very small part of users. This, in general, a rich class, which evaluated the consumer properties bitcoin.
But as a means of accumulating bitcoins, not only the rich class is used, but also the middle class and the poor class.
There are million different factors that could impact bitcoin's price. When I researched why bitcoin became so expensive, I found many reasons why. Here are some of it:
Cryptocurrency adoption is up. Cryptocurrencies are easier to buy now than ever.
Other cryptocurrencies are also available making it easier and faster to exchange.
Politics causes people leave traditional currencies.
Cryptocurrency adoption is up. Cryptocurrencies are easier to buy now than ever.
Other cryptocurrencies are also available making it easier and faster to exchange.
Politics causes people leave traditional currencies.
I think that makes the price of bitcoin expensive, probably because today many people hold bitcoin, and also can karana bitcoin supplay is limited, and more and more bitcoin users
It's really popping now! But not just bitcoins... has anyone invested in some ICOs? I invested in modultrade, love it
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.
Bitcoins are too expensive and everyone is complaining about its price. But it will continue to grow if people still need it to hold. This will cause bitcoin prices to move faster until they sell it lucrative. Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
i think this is the answer
SEP 2017 data are as follows. It has increased by 50% now.
At $0.12 kW/h a Bitcoin costs $1,567.88 to mine.
At $0.04 kW/h a Bitcoin costs $522.62 to mine.
This, of course, does not include hardware and other costs.
from：https://grisha.org/blog/2017/09/28/electricity-cost-of-1-bitcoin/
SEP 2017 data are as follows. It has increased by 50% now.
At $0.12 kW/h a Bitcoin costs $1,567.88 to mine.
At $0.04 kW/h a Bitcoin costs $522.62 to mine.
This, of course, does not include hardware and other costs.
from：https://grisha.org/blog/2017/09/28/electricity-cost-of-1-bitcoin/
it costs too much because of the demand it gets form people who is interested in bitcoin. You see bitcoin holds a very big opportunity once you invest on it. You can earn coins which can be sold at a higher price and later on can be changed as cash. Bitcoin is also open on signature and social campaigns which makes you earn more. With that, who wouldn't want to invest in bitcoin? That's why they take that opportunity to price up.
Think about this, when you have invested money worth 100,000 USD and then you sell it all as your money have got doubled, what happened if the other people do the same mostly like that at the same time? It should get dropped or even crash . The price bounce back only when there is another big whales come to buy Bitcoin , it's because of the demands indeed but not that simple.
Right now bitcoin is expensive because of all the forks going on and the global rush to get into crypto. Bitcoin is everyone gateway crypto.
it costs too much because of the demand it gets form people who is interested in bitcoin. You see bitcoin holds a very big opportunity once you invest on it. You can earn coins which can be sold at a higher price and later on can be changed as cash. Bitcoin is also open on signature and social campaigns which makes you earn more. With that, who wouldn't want to invest in bitcoin? That's why they take that opportunity to price up.
The price will always getting more expensive again everytime any investor attracted to invest on bitcoin, they hold it for long time and the demand are really high. That's why bitcoin price so expensive.
Bitcoin is getting expensive or shall i say it is gaining it’s real value because of growing worldwide popularity,acceptance as well as it’s own characterstics/advantages. The prices are expected to be rising in future as well because market sentiments are positive.
Its simply based of supply and demand. Basic economics 
Since theres a finite amount of Bitcoin and the difficulty and demand is rising quickly. the price increases
Since theres a finite amount of Bitcoin and the difficulty and demand is rising quickly. the price increases
Supply and demand. It is expensive because many people are buying into it so the demand for it is increasing daily which makes the price sky rocket.
this time it costs about $ 15.000 +, whereas a few days before Christmas arrived the price had dropped to the level of 11,000-12000 dollars, this is a good sign in my opinion. the price is already expensive, but invest your money on bitcoin for the next few years I think this could be a big advantage also for you later. I've done it, and 2020 is the target for me to take advantage.
Simply because of the demand that out there for bitcoin right now. The more people want it, the more expensive it gets.
i think it depend on the currency. many people are now using bitcoin and invest money to earn thats why bitcoin price getting higher.
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.
I think bitcoin became so expensive now because they are so famous all over the world now and they got a lot of investor all over the world and why the bitcoin is rising because many buy bitcoin and especially now the bitcoin is popular in social medias like facebook, twitter, reddit and more. So now many are investors prefer to invest in bitcoin because they know they will earn a lot of money. Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
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