Bitcoin it so expensive because demand of crypto's is highly
in 2017 Bitcoin growing up 4000% its amazing to invest in Bitcoin
Topic: Why bitcoin so expensive? - page 31. (Read 6500 times)
Expensive? I think you mean why is it so cheap? 6 months for now, you are going to ask that question.
Do not forget it is only 21 million max, with all BTC lost it s probably closer to 18 million. Also do not forget the demand is and will be huge!
So I say it s still very cheap!
Do not forget it is only 21 million max, with all BTC lost it s probably closer to 18 million. Also do not forget the demand is and will be huge!
So I say it s still very cheap!
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.
Being as an a person who invest with bitcoin why so expensive maybe because of the increasing of people who invest with it. Everyday by days there's have an investor who wants to join. And it is really demand base on my own.
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.
Just like diamond, it's with its difficulty in getting a bitcoin. Miners are really having a tough time trying to get diamonds, just like the miners of bitcoins. It costs so much equipment and the electricty required to get a small amount of bitcoins. Supply and demand also dictates the price of each bitcoins.
Compared to what? Bitcoin is much less expensive when compared to the United States Dollar. The total value of the USD banknotes and coins in active circulation is around $2 trillion, while the market cap of Bitcoin is only around $200 billion. Or you can compare it with gold. The total market cap of gold is around $7 trillion.
Yeah bitcoin is currently having less market cap when compared to USD or gold but bitcoin increased its market cap value hugely over the years so bitcoin will broke all the coin market caps soon and it will become the most expensive currency or asset of the world in the year 2030.
The bitcoin is getting expensive due to its limited availability so the price is increasing rapidly when demand increases for bitcoin.
Compared to what? Bitcoin is much less expensive when compared to the United States Dollar. The total value of the USD banknotes and coins in active circulation is around $2 trillion, while the market cap of Bitcoin is only around $200 billion. Or you can compare it with gold. The total market cap of gold is around $7 trillion.
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.
based on my research bitcoin is very expensive because this bitcoin is not unlimited like fiat the bitcoin supply is limited so if the supply is limited the demand will go high and the value of bitcoin will going increase it will continue forever. Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
BTC became popular around the world and many decided to accept it, hence, demand rose.
the supply of BTC is not enough to fulfill the demand, hence, price rose.
the supply of BTC is not enough to fulfill the demand, hence, price rose.
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.
The reason of why bitcoin price is too expensive is because of this digital currency having limited supply while having greater demand that continuously increasing day by day. Many people started using and investing in it, and it making bitcoin community grows. The more users used it, the more bitcoin price will be higher and more valuable. Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
Currently bitcoin mining uses specialized computers called ASICs which are specifically designed to solve the puzzles requires to mine bitcoin. Due to their specific nature, the machines are custom designed and manufactured. As they are not mass produced, they cost more to buy.
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.
Bitcoins is so expensive simply because of the increasing number of investors who trusted bitcoins. Meaning, there are many demands of it. So, more people who invest in bitcoins the more expensive it becomes. Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
Bitcoin is very expensive because of the limited amount of currency, in addition to the number of advertisements on various social media that say bitcoin will be the global currency which is a very costly bitcoin making factor.
I think it is because of the many
users and investors in bitcoin.
That's true, that is really the main reason why bitcoin price become expensive and become higher. For me this is a good news for all of us. We all have a ATHs of bitcoin that a lot of us gets benefited from it. users and investors in bitcoin.
Bitcoin is scarce, people do not have more power and resources, and there are not many investment channels, so bitcoin has become a good way of investment for ordinary people.
This is because bitcoin has many users and investors, therefore demand is getting higher and bitcoin is growing, as bitcoin continues to grow and is known for its true effects while using this, and crypto, because crypto has the potential to manage its 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.
Bitcoins are expensive because bitcoins are increasingly being exploited and many people know about bitcoin.Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
The demand for bitcoin is high so the bitcoin price is very high.
Bitcoin is very costly currency,because bitcoin is good investment and currency.we can send and receive the money without any bank.bitcoin is unstable currency and bitcoin has demand also.
Because high demand which make any one try to get bitcoin this make price increase + no one can control bitcoin (add more coins , control supply )
bitcoin continues to grow up and being known many people are getting interested its because they saw the real effect when using this,and now people are continue using these in many various ways 
The more investors, the more expensive cryptocurrency. Bitcoin very popular for investment now. This explains its high cost.
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