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Topic: Why bitcoin so expensive? - page 25. (Read 6500 times)

newbie
Activity: 92
Merit: 0
December 21, 2017, 08:19:24 PM
I think it is because of the many users and investors in bitcoin.and it is more popular in these days
full member
Activity: 168
Merit: 101
December 21, 2017, 06:17:45 PM
For me, bitcoin is so expensive because of the demand and the way how you can use it and bitcoin so expensive because of the digital currency they had time that the price is so high so when reached the high price of btc and when i convert it to my own currency it is become a expensive. and the bitcoin is very popular. Many people are now willing to try bitcoin and ready to buy bitcoin why the demand of bitcoin is increasing and the price of bitcoin will also increasing. That is the reason why bitcoin is becoming expensive.
full member
Activity: 518
Merit: 104
PUFFY FINANCE
December 21, 2017, 05:59:48 PM
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 very expensive because the demand of bitcoin is high than the supply. There are only 16.7 million bitcoin in circulation worldwide. How can 16.7 million bitcoins satisfy the need of the world? that is why bitcoin is expensibe.
Yur
full member
Activity: 196
Merit: 102
December 21, 2017, 05:38:54 PM
Bitcoins are expensive because the demand are so high and stocks are limited , The more people will invest in bitcoin, the more the value surges up, One main reason why people wants to invest btc because easy money, Bitcoin is always in the mainstream usually in the front page of social sites, It becomes popular globally. It will indulges everybody to join in investing btc  Grin
newbie
Activity: 28
Merit: 0
December 21, 2017, 05:12:51 PM
because many want to invest in it, that is why. it has high demand
full member
Activity: 896
Merit: 108
December 21, 2017, 05:03:09 PM
I think it is because of the many
users and investors in bitcoin.
Yes because bitcoin now is very popular so that many users and investors joining in bitcoin. Because in bitcoin you will earn  unlimited income so that many of us want to join in bitcoin.
bitcoin prices can be this expensive through a long process. to date, public trust in bitcoin is growing and investors are increasing. that is why the demand for bitcoin is getting bigger, while supply is limited, thus causing higher bitcoin price. in accordance with the law of supply and demand.
full member
Activity: 798
Merit: 121
December 21, 2017, 01:37:59 PM
I think it is because of the many
users and investors in bitcoin.
Yes because bitcoin now is very popular so that many users and investors joining in bitcoin. Because in bitcoin you will earn  unlimited income so that many of us want to join in bitcoin.
full member
Activity: 182
Merit: 101
X-Block.io
December 21, 2017, 01:28:12 PM
There are many ways of being bitcoin expensive. As many formalities are involved with this, that's why it is so expensive.

Formalities have little to do with it, bitcoin price is decided by supply and demand and nothing more, demand is currently ever increasing at a rate greater than supply is increasing and so the price continues to be pushed up. Demand can be driven by some formalities perhaps, in the sense of if there is much effort required to buy bitcoin then the price will decrease.
newbie
Activity: 21
Merit: 0
December 21, 2017, 01:26:20 PM
There are many ways of being bitcoin expensive. As many formalities are involved with this, that's why it is so expensive.
full member
Activity: 182
Merit: 118
December 21, 2017, 01:21:02 PM
The price of bitcoin  has been suffering from a bearish decline
since it reached $19,600 USD across global markets and had touched a low of $15,299 on December 21.
Over the past two days.. most of the other alternative digital asset markets were stable or made some significant gains.
However, now that Bitcoin markets have continued to dive lower, the rest of the cryptocurrency economy is feeling the wrath of the storm.
member
Activity: 322
Merit: 10
December 21, 2017, 01:14:40 PM
First, the amount of bitcoins must be
Second, bitcoin is recognized by many countries
Third, the bulk of speculators' purchases and the purchase of financial institutions
These factors have led to the high price of bitcoin,
Bitcoin is expansive just because of its use and demand because bitcoin demand is going high day by day and its demand is going high just because of its great work bitcoin is doing a very hard work here it make a life of people easy and it’s still trying to give more and more benefits to its users so that’s why bitcoin price is very high and become expansive bitcoin in coming time can be an international currency because the way it’s going fast so bitcoin can be international currency.
sr. member
Activity: 588
Merit: 251
December 21, 2017, 12:16:40 AM
Because it has high demand.It is the global currency.Bitcoin continues to grow up and being known many people are getting interested.Many people financially independent because of this.It's  price will increase unlimited. As days pass by more and more users are coming into the bitcoin network.
Yes one why bitcoin have prices are extortionate is because the day bitcoin more in know people and the more enthusiasts of her, then because of demand that the more want to get bitcoin then the price of bitcoin so affected to be expensive, even wouldn’t stop until here is likely to keep tumbling
member
Activity: 168
Merit: 10
December 21, 2017, 12:04:39 AM
Ans: Actually most of the people in many country still don't know what is cryptocurrency and waht is the bitcoin.But it is bitcoin which is become popular in the modern world.otherwise the Bitcoin as first revolutionary crypto currency, it is free and open worldwide, decentralized currency, anonymous, with low fees of transactions, and also having a big community supporting it. I think may be cause it.  Grin
newbie
Activity: 11
Merit: 0
December 20, 2017, 11:48:31 PM
Bitcoin day by day bitcoin popularity is increasing or demand increasing, but supply is reduce.
full member
Activity: 294
Merit: 100
Tokenize Fantasy Sports
December 20, 2017, 11:39:15 PM
There are many reasons to price Bitcoin expensive at the present time. The current realities and demand very high Bitcoin very few people want to sell of Bitcoin is holding. With the rapid increase in the Bitcoin rates recently also created the trend of investing in Bitcoin from those investors to those who don't have little knowledge about cryptocurrency. Result in the buying power of large and gradually pushing the price of Bitcoin increased rapidly.
member
Activity: 294
Merit: 10
December 20, 2017, 11:33:35 PM
Because it has high demand.It is the global currency.Bitcoin continues to grow up and being known many people are getting interested.Many people financially independent because of this.It's  price will increase unlimited. As days pass by more and more users are coming into the bitcoin network.
member
Activity: 196
Merit: 10
Distributed Credit Chain
December 20, 2017, 11:30:09 PM
First, the amount of bitcoins must be
Second, bitcoin is recognized by many countries
Third, the bulk of speculators' purchases and the purchase of financial institutions
These factors have led to the high price of bitcoin,
member
Activity: 476
Merit: 10
December 20, 2017, 11:23:08 PM
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 not expensive. You can only find bitcoin expensive when you are aiming for 1 bitcoin or more. You could buy certain amount of bitcoin with the amount of your country's currency in equal.
member
Activity: 210
Merit: 10
December 20, 2017, 10:37:06 PM
Bitcoin became expensive because supply and demand. Same thing with economics the more demand than supply will cause high price.
Bitcoin number were limited and may be discharged in mine, while people are using more and more of course bitcoin price became expensive.
sr. member
Activity: 630
Merit: 251
December 20, 2017, 09:58:11 PM
As users continue to increase while stocks are unchanged, bitcoin is decentralized so that all prices depend on needs and stocks, prices will go up if users continue to grow and I'm sure the future of bitcoin will continue to improve.
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