Topic: Why bitcoin so expensive? - page 20. (Read 6527 times)
You cannot gain anything without making an investment on it.If it is expensive in your country doesn't mean it is same everywhere.Anyway it is not a loss even if you buy it as sathoshi.
Bitcoin is so expensive because its demand and supply, the more the demand the higher the price.
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.
Bitcoin was the first successful cryptocurrency that's why until now people still keep it in demand. Also due to various news articles and business ads, most people doesn't know the difference between cryptocurrency and bitcoin. This confusion (happens often in my country) cause its demand and price to increase further throughout the years.
The price of bitcoin has dropped considerably since it touched its all-time high of $19,600 per BTC on December 17.
Since then markets have been quite bearish across the board, leading to lows in the $11K zone on December 22.
Bitcoin markets have rebounded since then,
and the price per BTC across global exchanges has been moving sideways for the past 72 hours..
Since then markets have been quite bearish across the board, leading to lows in the $11K zone on December 22.
Bitcoin markets have rebounded since then,
and the price per BTC across global exchanges has been moving sideways for the past 72 hours..
With every month BTC will be more expensive, because the demand is growing up,but offer isn't increasing. big money are coming to crypto soon. So, I think next year will be very important for the strengthening of bitcoin.
There are more attractive altcoins coming on the market, but BTC was first in crypto world & used like USD in real financial world...
With every month BTC will be more expensive, because the demand is growing up,but offer isn't increasing. big money are coming to crypto soon. So, I think next year will be very important for the strengthening of bitcoin.
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.
A better term is that it is valuable and not expensive. It is a kind of asset. Like securities. czemy is so much worth? He was the first and thanks to this he has a strong position.
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.
Bitcoin is so expensive and the majn reason for that is because the popularity of bitcoin because of popularity its more people investing in bitcoin so thats why the value of bitcoin is continue to increase more in the future. Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
Bitcoin is expensive to you in the sense that you are looking at it as a single one bitcoin. A dollar is like bitcoin and it has a smaller fraction which is called cents (written in decimals), so is bitcoin which is also in decimals called satoshi. 100million satoshi makes 1 bitcoin, so if you buy in fraction when there is a dip in its price, then you can get a bitcoin.
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.
If you paid attention to the law of supply and demand you ll know. First thing: there is a finite amount of bitcoin that exists. Second: due to a very good advertising made and many "big" people support cryptocurrency, everyone gets to the hype. This demand in the online market is a hot topic that's why people gets the opportunity to earn money.
Because bitcoin is limited but many are interested to have it and im one of them. 
Because someone is speculating its price and this is all. Even $ 100 per 1 BTC is too much, but users went further and raised bitcoin price to $ 1,000 and them to $ 20,000. When the bubble will burst, it would be terrible.
actually bitcoin is also initially cheap, but because bitcoin has grown so long it's almost 10 years and many investors are investing in bitcoin and every time many people are competing to buy bitcoin so that bitcoin price is very expensive now, as we auction off goods with the principle of the highest price it gets.
Price per coin is a bit high when compared to the other crypto-currencies, because the total supply is limited. There can only be 21 million coins for BTC, when compared to 100 million+ for Ethereum, 84 million for LTC, and 100 billion for Ripple.
Because all people (i mean investor or not, rich and poor) that know the potential of crypto will dare to buy bitcoin at high price, because they've just realize that this is the biggest part for investment
The main reasons for increasing the value of a bitcoin are limited supply and high demand. When increasing the number of investors (with the increasing of reliability for bitcoin) and increasing the amount of investment of existing investors, there is a huge pump of money to the crypto market. Then value of a bitcoin going up.
More and more people start to become interested in Bitcoin. Its value is increasing due to high demand. Bitcoin value decreased a bit recently probably because of Christmas. It's quite surprising that people send their BTC despite huge transaction fees. I wouldn't be surprised if in the next 20 years, at least half of the world would use Bitcoin every day. It is possible because Lightning Network is almost there.
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.
You know what for me bitcoin is not expensive in the eyes of the true bitcoin holders. Because if you are looking into its volatility you won't think about its value if this is expensive instead you will look for the future value of Bitcoin anyhow. And I know also that most people bitcoin enthusiast want it to get bicoin more higher in the near future. Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
Bitcoin is expensive because Politics causes people leave traditional currencies.Since Bitcoin is decentralized and not governed by any one country, it’s not susceptible to major changes in valuation should a country do something that could make their money less valuable. Many people are using the cryptocurrency to keep their money safe from devaluation, or even to use it as they would paper money.
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.
Bitcoins are like diamonds. Diamonds are hard to mine because they are very hard and they are very hard to find. The equipment used to mine diamonds and process them are very expensive. Likewise with bitcoins, mining them is hard because problem solving machines can only do so much. Bitcoins are awarded at a very low rate when they do solve some problems.
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