bitcoin becomes very expensive one of them is due to the limited amount of currency, in addition to his many ads in various social media that tells that bitcoin will be a global currency is a factor that makes bitcoin very expensive
We all know that bitcoin has limited supply and I think it is the reason why it is so expensive. In addition to that, the number of poeple who get interested in bitcoin is also the factor why it become expensive and I think the price of bitcoin will become more and more expensive in the near future. 
Topic: Why bitcoin so expensive? - page 34. (Read 6500 times)
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.
The market controlls the value of goods, btc has such a big value because people believe in it, which may the reason for your countrys cuurency is actually low.
In Conclusion btc isn't different from any other good and to mention only few advantages it's decentralized, anonym and easy to transfer (without taxes).
Bitcoin is so expensive because of its demand. Now So many people are interested in bitcoin. The user of bitcoin are grow up day by day. Bitcoin production are less than demand, so its price so expensive.
more investment people now looking bitcoin and when they will enter playing game bigger than you than me so it will be market cap increasing and last news growing the price now near 8000 $ it's amazing but good for bitcoiners
BTC price is going up because of following reasons:
1. Limited supply and increasing demand.
2. People are accepting that price, therefore they are ready to buy it.
3. The Valuation Dilemma: Nobody is able to decide what is the real value of BTC.
4. More users are entering in Crypto market increasing the market cap, that means its acceptance is increasing.
1. Limited supply and increasing demand.
2. People are accepting that price, therefore they are ready to buy it.
3. The Valuation Dilemma: Nobody is able to decide what is the real value of BTC.
4. More users are entering in Crypto market increasing the market cap, that means its acceptance is increasing.
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.
The answer is supply and demand. There can only ever be 21 million bitcoins minted, though there are about eight billion people on the planet. Bitcoin is also very difficult and expensive to mine, like gold. The price of bitcoin is likely to continue going up if demand continues to grow.
When compared to previous years, then true bitcoin is currently expensive. But we have to look forward, demand on bitcoin continues to increase until towards the end of this year, and I think it will continue to increase every year. In addition, mining will also be more difficult, and in every block will only give a bit of bitcoin rewards. so I think, stopping to say that bitcoin is expensive nowadays, because the years to come will be even higher in price.
I think bitcoin is so expensive because of the demand of it. Bitcoin is now getting very famous and many people want to try bitcoin. Many people want to earn and use bitcoin, now many company use bitcoin to their advertisements. Many bitcoiners use bitcoin to buy low and converter it into real money, if the price of it get higher or more profitable.
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 first factor why the bitcoin is so expensive is its demand globally. There is a lot users in the world who use bitcoins because of its value. Value that makes the bitcoin more popular and more in demand. Another factor is it uses. You can send bitcoin in less than a minute to any part of the world as long as you know its wallet address. You can also have an anonymous transactions with anybody. It will hide your identity. As far as I know bitcoin wallet or bitcoin address rather is untraceable. Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
The number of bitcoins in the market increased not as much as the capital inflows. That is obvious. Every day the bitcoin is more expensive and will generate deflation
I think industry overall really unpredictable now... but it is a very interesting and important topic.. and I want to learn more about it.. I was thinking how.. so from my experience, I feel that conferences could be a good way to learn... I found this one https://blockshowasia.com/ and I'm thinking to go, but tickets are not so cheap, but I suppose it could worth it... what do you think guys? have you heard about it?
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.
Yeah, in my country too its price is hundred of thousands and I think it is because of the thing that it is indemand to the Bitcoin users and many people are investing to it.Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
Bitcoin very expensive? I think the current news about Bitcoin will answer all your questions.
Bitcoin is very popular and many people are interested and buy Bitcoin.
Many advantages with buying Bitcoin so much demand.
for now this may be the reason why the price of Bitcoin is expensive is because the demand is plentiful and supply is limited.
Bitcoin is very popular and many people are interested and buy Bitcoin.
Many advantages with buying Bitcoin so much demand.
for now this may be the reason why the price of Bitcoin is expensive is because the demand is plentiful and supply is limited.
I hope you got over that mental hurtle back in Sept OP. Bitcoins are the most expensive they have ever been as of right now and we all couldn't be happier about it 
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.
Because it is indemand, I guess. Bitcoin's market price depends on the demand that it is having from the market. The movement on its market demand will reflect to its msrket value such that if one falls, same thing will happen with the other one. So now that Bitcoin is expensive, chances are the demand is high in the market. Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
it is a simple example of law of demand and supply. people are buying even it is expensive but if there is no buyer its price will fall down but with growing community in btc its price may vary depending on how buyers and sellers react
It makes no sense to call Bitcoin expensive, it is like calling dollars expensive. You know you can just by a fraction of it? You can buy down to 1/100 millionth of a Bitcoin. This is called a satoshi, after the inventor of Bitcoin. Think of a satoshi as the cryptocurrency and a Bitcoin just as a word for 100 million satoshis. Now it isn't really expensive is it? It is too cheep even.
All the bitcoins in the world cost billions of dollars, is that what you mean by expensive? If that is the case, then take a notice that the amount of money in the world is easily in trillions. That makes Bitcoin an insignificant part of it and it is technologically far superior to fiat currency.
All the bitcoins in the world cost billions of dollars, is that what you mean by expensive? If that is the case, then take a notice that the amount of money in the world is easily in trillions. That makes Bitcoin an insignificant part of it and it is technologically far superior to fiat currency.
Even if you buy bitcoin in fractions, few satoshs, it doesn't change the fact that bitcoin is expensive.
And bitcoin price will continue to rise and reach another higher price, due to the demand and limited supply of bitcoin.
No need to calculate all bitcoin in the world and compare to fiat currency, simply by check current bitcoin price, BTC1 equal to $7900.
$7900 to buy bitcoin is expensive, back in 2009 when BTC1 worth $1, it's cheap.
Case closed.
Because Bitcoin is the demand of the user's and investor's that's why bitcoin is getting higher and bigger. Bitcoin will continues to grow big and famous to many people
Because bitcoin is increasing continuously and people are wanting it badly, the demand is very high and the popularity is like a real currency that moves fast. Bitcoin is very useful, and big companies are using bitcoin for there daily lives. Thats why bitcoin is increasing and being 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.
Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
Because at this time there are many bitcoin users and the function of bitcoin itself is very needed orang.Apalagi who use bitcoin as a substitute for funds transfer is large enough. It's very much used by people all over the world. There is also a factor of buying and selling the entire market of bitcoin markets. For now I can still give a little explanation of why bitcoin prices are so expensive.
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