Topic: Why bitcoin so expensive? - page 2. (Read 6526 times)
Bitcoin is getting more expensive, because bitcoin is becoming more popular, and more and more people are making bitcoin as an investment, and bitcoin has made many people more successful, and has huge profits, and now bitcoins are down from the highest prices. the opportunity of people to buy it to hold and sell when bitcoin skyrocketed again.
Should be honest, I have no idea why btc is so expensive, But I'm mining for the btc 
I hear to my close friends it was a year ago. First looking, It looks like scam but I learned a lot of things about btc and altcoins. I hope, I will gain money one day 
)
I hear to my close friends it was a year ago. First looking, It looks like scam but I learned a lot of things about btc and altcoins. I hope, I will gain money one day )If the number of investors increased in particular asset means,the price of particular asset is vigorously increase.This may be the reason the bitcoin price increasing day to day.But compared to old value,10600$ is very low price to inverse your money.
Should be honest, I have no idea why btc is so expensive, But I'm mining for the btc I hear to my close friends it was a year ago. First looking, It looks like scam but I learned a lot of things about btc and altcoins. I hope, I will gain money one day )
I hear to my close friends it was a year ago. First looking, It looks like scam but I learned a lot of things about btc and altcoins. I hope, I will gain money one day )
Because bitcoin is very much in demand all over the world, it has become a trend and everyone wants a piece of this sweet pie! He is the father of all the Crypto-currency and the most popular crypto currency, he is an analog of gold
As we all know bitcoin was the first ever crypto currency launched in the market and through this coin, crypto market starts getting famous and had got intention of millions of people.
so now their are several different coins in the market but bitcoin is the leading coin among all of them till now. So that's why it is so expensive
so now their are several different coins in the market but bitcoin is the leading coin among all of them till now. So that's why it is so expensive
the more bitcoins the more expensive bitcoin, and not the bitcoin but the investors, the more and more demand. bitcoin is getting richer, because bitcoin keeps growing and it is known that many people are getting attracted because bitcoin prices continue to rise high and they see the real effect when using bitcoin, and now people continue to use bitcoin in various ways to get it. bitcoin is a digital currency that you can use for online transactions.
Bitcoin value was not high at the start. Now the price is out of reach. Bitcoin can now be used for a lot of work. The payment processor, software buy / sell etc is used in the work. And, black Web is used as a bitcoin in currency. Because of these, Bitcoin is so valuable.
bitcoin is very expensive because of its high demand, high value and day by day growth and very less supply. so many peoples invest so much money in it thats why it is so much popular and expensive.
The answer is already on your question ........🙂 Dude it's a crypto currency it's value fluctuating is common in it, and ofcourse comparing to the currency rate of each country it varies. Whatever I'm happy with it because I can gain a fair return from my bitcoin investment as per this currency exchange rate.
how to buy bitcoin and is it safe?
You don't need to buy 1 BTC, you can buy alt coins or you can buy 0.1 BTC etc... Lern about this and you will understand much more.
For now bitcoin is so expensive because bitcoin is so in demand and many people uses it and investing in it that's why the price of bitcoin always increases and it will continue to rise and be super expensive.
It’s not “in demand” anymore than shares of stock are in demand. It’s being played by traders which are using it to turn a quick profit.
exactly this is what i see also that this is one of the kind to be for so as what we are able to see for make some way to have something to just like for example just go for what flow are we are able to take for.
this is a new era of digital world or some people.
bitcoin technology that blockhain has changed all the world's financial institutions. it is said that the central bank of each country will use the concept of blockhaion from bitcoin ..
in addition to public trust about bitcoin itself. so do not wonder why bitcoin prices go up ...
bitcoin technology that blockhain has changed all the world's financial institutions. it is said that the central bank of each country will use the concept of blockhaion from bitcoin ..
in addition to public trust about bitcoin itself. so do not wonder why bitcoin prices go up ...
There is no support for bitcoin except the hope that you can sell to someone for a higher price than you would have to pay in the future.
I don't think that Bitcoin is that expensive. Confused? Let me explain.
Bitcoin is having an user-base of around 100 million users and the market cap is $180 billion. At the same time, the market cap of XRP is $47 billion, despite the fact that it is having less than 1 million users. Now tell me which coin is more expensive.
Bitcoin is having an user-base of around 100 million users and the market cap is $180 billion. At the same time, the market cap of XRP is $47 billion, despite the fact that it is having less than 1 million users. Now tell me which coin is more expensive.
It makes no sense to call Bitcoin expensive, it is like calling dollars expensive. You know you can just by a fraction of it? You can buy down to 1/100 millionth of a Bitcoin. This is called a satoshi, after the inventor of Bitcoin. Think of a satoshi as the cryptocurrency and a Bitcoin just as a word for 100 million satoshis. Now it isn't really expensive is it? It is too cheep even.
All the bitcoins in the world cost billions of dollars, is that what you mean by expensive? If that is the case, then take a notice that the amount of money in the world is easily in trillions. That makes Bitcoin an insignificant part of it and it is technologically far superior to fiat currency.
All the bitcoins in the world cost billions of dollars, is that what you mean by expensive? If that is the case, then take a notice that the amount of money in the world is easily in trillions. That makes Bitcoin an insignificant part of it and it is technologically far superior to fiat currency.
Interesting point of view, never though about this. no it really seems not very expensive
For the modern period of time Bitcoin is going down. Its price wouldn’t rise in a near future I suppose. At the same time we should have in mind that it is better hold bitcoins because it's price start to grow again.
Its expensive mainly because it is the first crypto currency that's why it got so much popular and because of popularity its demand got increased in market, so its price.
many reasons why bitcoin is so expensive and it is only known by the right time that when bitcoin prices go down then bitcoin prices will always go up and always end up with happy ending. 
Its expensive mainly because it is the first crypto currency that's why it got so much popular and because of popularity its demand got increased in market, so its price.
Bitcoin has become faster and easier to buy then ever before and with the increase in accessibility and popularity, as well as a lot of big companies starting to accept bitcoin as payment, comes the increase in interest and demand from the general public, which the current supply of bitcoins can’t seem to keep up with. The currency gained traction and so did its price as everybody wanted to own one, therefore increasing the price rapidly.
Bitcoin is expensive because in the market a lot of people invest in it, contributing useful to increase the value of Bitcoin. Bitcoin is on the rise in the world. It means that more people will come to Bitcoin. The price of Bitcoin will continue to rise and people will make a lot of profit from it and that is why Bitcoin is so expensive and valuable.
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