Topic: Why BTC is having a high price? - page 6. (Read 1492 times)
quick to invest because the price of bitcoin will explode, a good development has shown the day when the future of crypto will be open and this certainly gives good news to those who have bought bitcoins for a low price and bitcoin can be an attraction for someone to invest
The value of a bitcoin ultimately depends on holding, and it can be very small in any form every day, but its price can still be very high. Why? People are willing to hold it for a long time. Some of these things are very large, but they fall sharply at the same time that they are very much in circulation.
Holding is the best technique used by people for making huge bucks with bitcoin. The longer you hold this coins, the greater chances you are giving to yourself for being part of massive success. Mark my words that it is going to rock in the last quarter of the year. Bitcoin is back on its track of success. All those how are familiar with the volatile nature of bitcoin are keeping huge piles of it in their wallets.
Bitcoin has a high price because it is the most popular and familiar currency, which is primarily invested in money, increasing its value.
Bitcoin is having a high price because the demand is too high for the supply of bitcoin so there is no choice for the people but to grab bitcoin even the price is higher compare to the price last few years because the thing that they are trying to get here is the potential of bitcoin since it have a good system and technology that can be fully maximized in the future.
because bitcoin is now the hype and many people want to make money from it. The more people care about bitcoin, the higher price it will be. The money keeps flowing into bitcoin market cap which makes it bigger and bigger every month.
I also think that it is exactly the hype around Bitcoin that made its price getting so much high. People still believe mass media, but I hope that Bitcoin is great even without this hype.
It is because of the investors who are driving it up through its demands.
I think there are lot's of people who become interested in it and want to try something new.
I think there are lot's of people who become interested in it and want to try something new.
I don't know what is the exact reason why bitcoin having a high price in the market but I thought that bitcoin have it because many people are support and believe with it, if no one will invest, believe and support in bitcoin I think it doesn't have value until now and no one will have interest on it.
It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?
bitcoin price is high because much people using this currency for any transaction, more people buying bitcoin = more expensiveBecause of many supporters and investors we have. BTC is a good opportunities and a good income. our price is high co'z of them. and maybe we are in the risk for now but soon that time will come back we are very lucky co'z of bitcoin. so let's invest to rising up. trust and believe this coin for our future and for our world.
It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?
bitcoin price is high because much people using this currency for any transaction, more people buying bitcoin = more expensive
I just think that it's strongly influenced by higher demand factors over time among many people. And perhaps from time to time more and more people think that it should try and support it become more popular until it's widespread in its impact. Anyhow this is something special that's on cyberspace and this managed to attract a lot of enthusiasts due of the various advantages of its characteristics, perhaps even due of its uniqueness.. it can causes the people being interested.
The reason for the rise in bitcoin prices is the demand factor, as more people use bitcoin the bitcoin price will increase and vice versa when only a few people use bitcoin so the bitcoin price will decrease. It's like a spike and a lot of people's interest in bitcoin that even causes bitcoin prices to be out of control and tends to rise tremendously. If compared then I make sure that bitcoin is a very profitable investment because of the movement of its price so fast. Let's continue to use bitcoin and we will get the benefits that we can take from the benefits we achieve.
the rise in bitcoin is due to the fact that more and more people are enthusiastic about bitcoin as the parent of altcoin, now its value has dropped dramatically as many people are selling panic
Well I just have thought that's because bitcoin increasingly in demand of many people, and all its advantages more visible among many people. And not only that. Many people who're just tried till feel more interested and finally feel comfortable with it. Well the point is that bitcoin develops well from time to time until its popularity is increasing among many people.
Bitcoin is expensive because bitcoin is the first coin in the cryptocurrency market. Bitcoin is very popular. Human needs are increasing and using as well as investing in bitcoin is also common. Therefore, the bitcoin price is higher
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 reason for that was very simple for years there has been a debate about how to scale the network and it seems like we didn't make any kind of progress for a lot of time but finally the developers were able to activate segwit it may not seem like much right now just a decrease in the fees and that's all but it has opened the door for the lightning network which will allow bitcoin to actually become a currency we can use.The price of bitcoin pumps higher when demand rises, but in most certain cases dumping will happen all the way due to panic selling. We are out of control that's why people who seems to see it crashing will decide to sell early and don't care to hold longer. That becames worst if a person relied on his/her daily expenses from bitcoin profit mainly the food that feeds their families.
It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?
bitcoin has a very high price because bitcoin is affected by the supply of bitcoin which has a limit of only 21 million pieces of bitcoin while for now the circulation of bitcoin has reached 17 million so only the remaining 4 million pieces of bitcoin are still available that makes the bitcoin price becomes very expensive .
Exactly..
Bitcoin demand is getting high by the time, because many parties are starting to accept bitcoin as a payment currency. Bitcoin is also becoming more famous after producing many millionaires, makes people start to learn much about bitcoin.
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 reason for that was very simple for years there has been a debate about how to scale the network and it seems like we didn't make any kind of progress for a lot of time but finally the developers were able to activate segwit it may not seem like much right now just a decrease in the fees and that's all but it has opened the door for the lightning network which will allow bitcoin to actually become a currency we can use.
Bitcoin has a high price because the demand is very high. Usually for anything that has high demand has a high price. Not only does demand, popularity, technology, and usage drive these crypto prices higher and higher every day. As you say, the price of Bitcoin is high but it is currently low compared to last year's high prices. BTC is the oldest and most popular and highly successful crypto currency. BTC parent of any digital currency.
As a pioneer in cryptocurrency. Bitcoin has a good quality and the exchange system is also easy. This makes people interested in buying bitcoin. At first bitcoin is only used by some circles, but then many people in this world know bitcoin and interested to buy it. The high demand affected the offer, so the BTC price jumped in a short time at that time.
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 Bitcoin price rise I think because of the large number of demand ,user and because of the supply. like other products if the supply is low there is a large of number of demand, if the demand is low there is large number of supply, vice versa. Also the number of investors that are invested into Bitcoin and the user of it. As of now Bitcoin is very popular i think bitcoin is known in every country right now bitcoin become popular because of the number of user and because of social media that is why bitcoin price is rising. .All this hype that started around Bitcoin in 2017 pushed people to start buying Bitcoins. The demand for BTC was great, and the coin jumped high to the Moon.
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