Why bitcoin so expensive? - page 8. | Bitcointalksearch.org

lucas.zimmer

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Quote from: icoprofits on January 11, 2018, 06:50:54 AM

Bitcoin cheap as of now the real price of bitcoin is 1 million dollars the reason is limited supply and lot of demand and technology behind bitcoin

The question's answer is pretty much relative. Expensive concept can be different for different people. But if you are asking when it rises and falls then answer is the balance between supply and demand.

icoprofits

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Bitcoin cheap as of now the real price of bitcoin is 1 million dollars the reason is limited supply and lot of demand and technology behind bitcoin

Wayan_Pedjeng

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Bitcoin is expensive because the supply is not keeping up with the demand. And with every passing year, the supply is getting reduced. I am not complaining, as the prices are rising and I am gaining out of it. If you think that Bitcoin is too expensive, then there are a lot of other options out there.

Umar001

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Bitcoin is extremely expensive because of it value, bitcoin has cure all the bottle neck of raw cash, with bitcoin you can aquire any products you want with bitcoin without unecessary stress.another thing that makes bitcoin expensive, is high demand of bitcoin, of bitcoin. All this factor contribute, to what make bitcoin to be expensive.

shellsshells

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Supply and demand. The more people want it, the more expensive its going to become.

Fappanu

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Quote from: Raffy11 on September 25, 2017, 08:09:13 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.

Its value is so expensive because bitcoin wants us to be inspired to have a great amount of money or some day. Now the price of 1 btc has reached half a million pounds so expensive. Many people seek to have such a high amount of money for themselves to spend or invest in other things. Due to the bitcoin value increase, many want to earn half a million pesos for their personal needs. Hopefully, only the bitcoin value will increase so many people will try to use it.

Malintha1996

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It's true that bitcoin is expensive.I think the reason for this is every one holding bitcoin for further investment. Since there will be a finite volume of bitcoin in the market when the trade rate decrease the value will obviously go up. It is known that bitcoin started its value from few dollors but today the value is thuosonds times of its initial value.This growth of value is also a reason for people to hold bitcoin.However we should know that bitcoin is not the fundamental value. 1 bitcoin is 100 millions of sathoshi also 1 bitcoin is about 13000 usd .This implies that sathoshi is much cheaper. When it comes to millions of sathoshi it's true that it's expensive.

Sembara

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Quote from: D3m1r4wanti on September 25, 2017, 08:48:07 PM

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

Yes, I very much agree with your opinion. Because of the Bitcoin is a virtual currency which someday will look for many people and its price can be very expensive. And I believe it.

kwabeedat

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Because Bitcoin started to grow some years back and it's been growing ever sinec. Also no one contrils pricing values or trading price but we thise who trade determine how much we'll buy and sell n. BTC will still keep on increasing its worth some years years to come

rhayot

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Bitcoin is expensive because it is limited only and as today's research there are twenty one million bitcoin supplies. In line with this the demand of users nowadays is huge. The more the demand of people using it with its limited supplies, the value will be very expensive.

Isaacck1

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I think calling it expensive does not make any sense. Yes we tell it rises and falls but what we really mean is the value of bitcoin in terms of dollars or other currency. Bitcoin's value rises because there many users and the demand is continuously rising. Many investors are popping out of nowhere because of the growth of its popularity. It is also the main cryptocurrency used for trading.

radharX

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Its getting expensive because supply demand, and because it has limited supply. and the fact that demand continues to rise.

The_prodigy

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Quote from: Raffy11 on September 25, 2017, 08:09:13 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 expensive as to quote something is equivlaent exchange as its value and stock rise so does it pay in value when you purchase a bitcoin. However the great thing about this is that you can but a small portion of the bitcoin dependig o. How much you have

want0606

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I think bitcoin is too expensive because many investors pour a large amount of money into the investment. Many people buy bitcoin so it becomes rare and very expensive

kimmali

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Bitcoin becomes expensive almost every month because of its popularity. The higher the demand,the higher the price is. Also many governments are into investing bitcoin because of the high profit it gives. Not only governors but also investors around the world. I know many people who loves to invest in bitcoin, they also share the world of bitcoin to others that's why bitcoin is popular now.

levvv

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Yeah bitcoin price is so expensive because, they have many demands on public.
Also bitcoin price is so expensive too because bitcoin need a high spec tools like ASIC miner which is expensive, to be mined.
That is the reason why the bitcoin price is very expensive.

SlickTight

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Bitcoin so expensive? Yes it is, because of supply and demand, more investors invest in bitcoin that's why the value getting higher, and also because of its popularity.

AndrewBoltz

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I guess the its because of the supply and demand. We can see a lot of investors coming in and supply is lacking so the price will more likely to increase more.

oaz7t

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Bitcoin was launched with very less value but as the users started buying more bitcoins the prices jumped to greater heights and
also bitcoin being limited currency the demand kept on increasing .
Social media also helped in advertising bitcoin through which a lot of people came to know about bitcoins and started investing in it
and when people saw the prices are skyrocketing many more started to buy bitcoins and thus the demand and prices increased and now bitcoin has become $13950.

DigitalLemming

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Supply and demand, there is more people that want it than don't.

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