We never thought that Bitcoin would explode at such a high price.
I think the rise in Bitcoin prices is due to a large number of investors and transaction traffic using Bitcoin in various worlds.
Transactions that occur in large quantities will affect the volume which means also affect the increase in Bitcoin prices.
That is why Bitcoin is rising in value.
Topic: Why BTC is having a high price? - page 2. (Read 1492 times)
I think the bitcoin price is getting higher, putting Btc in a privileged position in the eyes of many people especially those who are interested in making a profit. Causes of high Btc prices, among others, due to the emergence of Bitcoin cash that motivates people to buy bitcoin. Improved technologies promised by bitcoin give system changes, so Bitcoin developers promise Bitcoin's increased scalability through Segregit's new method of Segregated Witnes (Segwit) to provide added space for more transactions.
I think from my opinion that the reason is just growing interest of people in cryptocurrency this days. more people/money are comming.
arena enhancement technology promised by Bitcoin system. The Bitcoin developers promised Bitcoin's increased scalability of a new method called Segregated Witness (SegWit) to provide additional space for more transactions. With the increased scalability, then the problem of increasing the expected transaction cost can be overcome.
Bitcoin or BTC have high price because of high demands and this is the first cryptocurrency and there are many uses of Bitcoin and there are many holders of it but Bitcoin is not the highest price there's a coin has $100k you can take a look at coinmarketcap.
well, the high demand is always increasing every year, they use it for various purposes, such as investment, project development, or other things. a great need to make bitcoin has a high price.
many people are interested and invest. that's what makes the bitcoin price high and higher
Bitcoin or BTC have high price because of high demands and this is the first cryptocurrency and there are many uses of Bitcoin and there are many holders of it but Bitcoin is not the highest price there's a coin has $100k you can take a look at coinmarketcap.
It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?
They are having a high price because there are a lot of people who are investing in them buying butcoins for the future. And buying a lot of bitcoins is an increase in the sales of bitcoin whoch makes their prices rise. Look at theur value over time they really started.from the bottom until now there are a lot.of people all around the world who knows what bitcoins are and they invested in it then that makes the bitcoin rise and you know the opposite of that so if a lot of people sells the bitcoins will drop
Let's say, it was thanks to the great demand it has now. It is good also that there are some promoting crypto currency
It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?
In my opinion,the bitcoin has high price because the demand for it is very high. Normally for anything which has high demand has high price.
When difference creates between demand and supply then the price move up or down,Bitcoin demand is more than supply so its price move up this is the simple logic behind any market or trading platform or single currency.
It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?
I think that is the time when businesses are looking for something new to serve their business. They found the potential of bitcoin and invested in it, so bitcoin was pumping a lot of capital. Bitcoin really has a great impact on businesses and relatives abroad. Bitcoin has done it well and meets the needs of so many people in the world, so the price of bitcoin is high.
The bitcoin have a high price because of the demand in the market and many countries around the world are having interested in bitcoin, The people are holding bitcoin in a long period of time for the huge profit of bitcoin.
More people started buying it and i mean people with lots of money. It's just a simple supply and demand concept. People believe that btc is the road to success which was true and made many people millionaires and become popular then the buying trend begin which also started a bullish run that made the price what is it now.
It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?
The price is depending on the supply and demand in the market and we can always rely on the volatility of the coins in order to earn more profit so we cannot always expect a high price because we also need a dumping time in order to invest at a lower price.
The market depends mainly on supply and demand. Simply put, demand was high so price went up.
Also, the extreme popularity of Bitcoin in Korea pushed the price upwards. It seems the price of Bitcoin is highly elastic.
Also, the extreme popularity of Bitcoin in Korea pushed the price upwards. It seems the price of Bitcoin is highly elastic.
It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?
I think the main reason behind this is their popularity. Them being popular means that there will be a lot more people who will buy them because they are easy to buy and we all know the fact that if the demands of the bitcoins will rise the price of them will rise too because that how their volatility works. Then they grow much more that makes them a great investment and even those normal people who did not really invest try to biy bitcoins and so that makes the bitcoins rise.
It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?
Market demand is the reason why bitcoin price increase so high. Many people interest to invest their money into bitcoin and hope got profit from bitcoin.
I think bitcoin is expensive because it is widely used. Bitcoin has high security. The bitcoin market is expanding around the world. Many countries like the United States, Japan always support bitcoin activities.
It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?
It happened I think because of the whale investors who are capable to manipulate the price value of bitcoin secondary the demand by that
time was so high, so its rapidly increase in an unexpected.
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