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Topic: Why bitcoin so expensive? - page 27. (Read 6513 times)

member
Activity: 128
Merit: 10
December 20, 2017, 01:13:43 PM
Bitcoin is so expensive because the number is limited then there is much demand for the profit that could bring in long term, further because is the most popular crypto currency
newbie
Activity: 2
Merit: 0
December 20, 2017, 12:31:36 PM
Because of its cryptocurrency latest blockchain technology it got so popular. Cool
sr. member
Activity: 518
Merit: 250
December 20, 2017, 12:27:50 PM
The reason why this currency becomes expensive is because bitcoin itself can not be beaten by any government because bitcoin itself is formed from user to user so that managing is the user itself and has been much use of bitcoin from around the world so it is not possible to close the currency because it is not in any authority and if you want to close the bitcoin currency may be done by making regulations around the world if bitcoin is prohibited its use and of course not all countries will come down and this is what makes this currency will be expensive and continue to increase.
jr. member
Activity: 252
Merit: 9
December 20, 2017, 12:26:02 PM
Bitcoin is created limited, this is so that bitcoin remains valuable. And this is successful, the last few years bitcoin prices really skyrocketed. This is because people believe that bitcoin values will continue to rise and rise, even for now almost everyone around the world wants bitcoin.
sr. member
Activity: 868
Merit: 257
December 20, 2017, 12:09:54 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.
There are lot of reason why bitcoin become so expensive. First of all the price of bitcoin was totally high and its because of high demand on online market or trading sites. If the demand is so high the price of bitcoin will also increase and it may lead to a high income and more money.
member
Activity: 476
Merit: 10
December 20, 2017, 12:02:53 PM
Yes I suggest that, Bitcoin is so expensive because..  Bitcoin is the first oldest online currency  of online Market place. Many people are use it and they believe that, Bitcoin changed there life and helping  Changing there  economy problem. The present market, Bitcoin price by are so high and day by day it's price are increasing. So  automatically  it's make so expensive. More over every people are use it. It every transaction are easy and no risk. So you can use it. More than you can also saving online wallet and before you can invest it.. finally you can got lot of no money. So Bitcoin is so expensive
hero member
Activity: 896
Merit: 500
Dolphins Finance TRUSTED FINANCE
December 20, 2017, 11:54:20 AM
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.
BTC is trying to fix it by adjusting the network with its "lightening" network
but it isnt working, and even if it theroically does, its scheduled for 3 years out
by that time... the world has moved on man lol
newbie
Activity: 1
Merit: 0
December 20, 2017, 11:35:40 AM
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.
full member
Activity: 798
Merit: 103
https://www.swanfinance.io/
December 20, 2017, 11:34:12 AM
4. It's just a normal evolution process humanity try make some development steps to be little bit more progressive then before ...
5. Easy, fast, no touch, no name (no discrimination) because you don't see nothing more then unique address
6. Easily can make money from your investment ( but still risky enough)
etc
full member
Activity: 798
Merit: 103
https://www.swanfinance.io/
December 20, 2017, 11:33:59 AM
Hello! It can have a lot of reasons! For example
1.Fake thing - bubble
2. High supply and demand
3. Are some crypto anarchy fans against governments
sr. member
Activity: 615
Merit: 258
December 20, 2017, 11:23:09 AM
The reason behind why bitcoin have a high market value is many people are engaged of using their services.
 The company of bitcoin performs well which leads to a high demand resulting to a high value. It is a great thing to consider since all people will receive a more income.
sr. member
Activity: 1071
Merit: 253
December 14, 2017, 02:36:57 PM
when there are too much demands for an asset it will automatically increase in price and when its supply is limited it gets value even more, thats why btc is expensive now
Demand of bitcoin is very high and day by day it's users are increasing and recently some rich companies have join bitcoin because they know that bitcoin can help them and that’s why countries are going to make bitcoin legal so when demand is going high its mean the price will also go high because it’s very important for bitcoin to get more and more users so that’s the only reason that use of bitcoin is very high and that’s why its price is very high.
sr. member
Activity: 244
Merit: 250
December 14, 2017, 12:05:59 AM
Because BTC the first) and popular
newbie
Activity: 5
Merit: 0
December 11, 2017, 07:43:38 PM
I just registered on bitcoin.com and initially bought $1000 coin. But it doesn't allow me buy large amount even though My ID is verified successfully . I can only by $94 daily. How can I buy large amount? Thanks in advance.
member
Activity: 353
Merit: 28
Productive housewife
December 11, 2017, 07:39:48 PM
bitcoin prices become expensive this takes a long time. in 2009 the price of bitcoin is very low. until public trust begins to form, bitcoin prices are slowly rising, many investors are starting to become interested in bitcoin, and until now. until finally, the price becomes expensive.
member
Activity: 247
Merit: 10
December 11, 2017, 06:53:32 PM
Yes bitcoin is very expensive today because it's bitcoin has been always in the news as the leading cryptocurrency which has many users and investors and for that reason its value is always rising high, its just like selling a very hot commodity where every one wants a piece of it right now so that's why bitcoin is so expensive right now.
member
Activity: 98
Merit: 10
December 11, 2017, 01:05:48 PM
limited supply and many want bitcoin is the main reason.

also fast rich is other reason tomake btc expensive
member
Activity: 168
Merit: 10
December 11, 2017, 10:51:05 AM
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.

It's actually still cheap if you'd ask me. On the long term it will offer great returns and it's full of opportunities. As far as I am concern, Bitcoin will never be suitable to be used by the masses, altcoins are much better for that.
full member
Activity: 161
Merit: 101
AI SOLUTION TO VOLATILITY IN YOUR CRYPTO SAVINGS
December 11, 2017, 10:46:11 AM
Bitcoin is very expensive because of the demand in the world market especially in the Cryptocurrency. Every individual is want to have a high amount of bitcoin on their wallet.So they invest to Bitcoin especially when the value is low so that when it gets high they will have a higher profit.The more the investors the higher the demands the higher the price.
full member
Activity: 364
Merit: 100
December 11, 2017, 08:55:46 AM
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.
Simple, more and more Bitcoins are being mined, thus, decrease in supply. But demand is rapidly increasing making the value higher. So, higher demand with lesser supply = higher price.
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