Topic: Why bitcoin so expensive? - page 30. (Read 6500 times)
Maybe I think bitcoin was having trust by many people and investor, because of that the price of bitcoin so expensive. And many people are investing in bitcoin. We have chance for change our live with playing invest and trading in bitcoin
In economics it called the law of supply and demand if the price goes up the demand is to high and the supply gets low and thats happen to bitcoin.
New discovery. As much as bitcoin get discovered more and more people will pay attention. As more people pay attention and more people have become familiar with bitcoin, the more demand it will have. The more demand it will have, having a lots demand the more improvement it will have. So that is why the value of bitcoin goes higher and higher.
For me, bitcoin is so expensive because of the demand and the way how you can use it. Bitcoin is becoming very popular. Many people are now willing to try bitcoin and ready to buy bitcoin. Through that, the demand for bitcoin is increasing and when the order increases the amount of bitcoin will also increase. That is the reason why bitcoin is becoming expensive. 
Most of the Bitcoin users hold their Bitcoin.I think this is one of the reasons. Demand is very high and supply is less indirectly Bitcoin price will reach high
Because there are still many that depend on Bitcoin .. more banya New digital currency is popping up and depends on Bitcoin ..without Bitcoin suspect will continue to crawl or go up..this is the popular value of Bitcoin lies ..
Bitcoin is getting more expensive because the demand is growing, and it will be more expensive for the next year.
There is a simple reason for this purpose. Simply we can calculate when the supply is limited. We know that initially Bitcoin has been created almost 16 millions in the year of 2009. But in the meantime, it can be predicted that almost 20% Bitcoin has been disposed. So you can estimate that how much Bitcoin still be possess?
Day by day Bitcoin is getting shortage so the demand is getting higher that's why the price is becoming very expensive.
Day by day Bitcoin is getting shortage so the demand is getting higher that's why the price is becoming very expensive.
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 can say that botcoin is expensive when it comes to buying it. But when you're selling your botcoin, it gives you a huge return. If you buy bitcoin now, due to it's rise in price, it will give you a huge profit. Probably in weeks. So I would say that even if it is expensive, it still is a good investment. Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
Simply because of the supply and demands of the cryptocurrency. It has a limited amount to circulate on the market and the demands is getting high because many people are starting to invest in this kind of currency.
Because bitcoin has limited supply and high demand, many investor and traders are supporting bitcoin, and bitcoin is popular among the other digital currency.
As you can see bitcoin value always increase because there are a lof of demand on bitcoin especially in December.
So it's worth to invest bitcoin rather than gold , IMO. It's also amaze my government as well so they decide to make the regulation as soon as possible
So it's worth to invest bitcoin rather than gold , IMO. It's also amaze my government as well so they decide to make the regulation as soon as possible
The bitcoin price is rising because of it's demand and popularity, it attracts new big time investors to invest.
as we know that the modern world have started many advancements for the world but the developed countries and the well settled people of the world are able to use this technology. therefore the bitcoin is very expensive for us why the reason is bitcoin is not yet legally accepted in the world and bitcoin price is very high the other reason is the availability of these coins in the market.
Because bitcoin has a limited supply, that's what makes the price so expensive. And the demand is growing, resulting in greater demand than spending.
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 thinks its because of the investments and investors if there a lot of investor and stocks the price getting higher and higher and higher, so that was the part of the marketing strategy, many people get a lot of income from their investment. Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
We are making the wrong comparison. We are comparing the price of 1 Bitcoin, to 1 oz of gold or with $100 banknote. That has to change. I'd request everyone to denominate their holdings in mBTC (or even Satoshis) instead of BTC. The psychological effect is huge.
Bitcoin is a currency that is actually different from the norm and the reason why it's present value is what it is now, is as a result of the awareness and potential the currency had gained, which is why it is so expensive as compared in value to other fiat currencies.
Bitcoin is not expensive it just depends on your perspective of earning. Bitcoin continues to grow even if we always say that bitcoin is too expensive. Buy now and expect growth as time passes by.
The current Bitcoin price is very expensive, because the demand for bitcoin is higher and the supply is limited, and the daily price is better. This makes the investor very interested and buys more to get more bitcoin.
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