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Topic: Why is bitcoin price so high? (Read 1924 times)

full member
Activity: 434
Merit: 100
May 18, 2018, 06:21:52 PM
That's because of the demand of the people that keeps on growing each day. Consider its market capitalization and you will see how big it is and that's how you can imagine how bitcoin is really in demand than any other cryptos in the cryptoworld.
newbie
Activity: 112
Merit: 0
May 18, 2018, 04:16:46 PM
In my own opinion, this is happening because Bitcoin as shown it worth over the past years and how reliable it could be, thereby attracting more investors(increasing the demand for Bitcoin and also increasing it price).
full member
Activity: 253
Merit: 100
May 06, 2018, 08:28:03 AM
Bitcoin has been unbelievable expensive price because of the highly profitable platform. people are becoming dependent on this system day by day for the purpose of making a profit. That's why the price of Bitcoin is getting high nowadays.
people are getting expectation because  in past people have already got a very good profit, therefore still people are expecting that they will even now get a very good profit from bitcoin investment. i think that they are right because still bitcoin price is trading in a low price and there are more chances that its price will increase too much in near future.
member
Activity: 252
Merit: 10
April 26, 2018, 03:06:05 PM
The Bitcoin price is so high just because Bitcoin is gonna be Number one cryptocurrency and right now also number One!
The main reason is investor..there is so many investor in bitcoin around the world..day by day btc gain lots of investor that's because the market is going to be high.so why not? if they invest a little amount and gain more than 3X within 2 or 3 months they must invest..seems btc gonna more than $20k in the middle of the 2018 !!
member
Activity: 140
Merit: 20
January 21, 2018, 03:54:26 AM
This can be predicted that at a price of bitcoin each day, seconds, or minutes against the certainty that occurs in the bitcoin prices so high that because we knew all along that the price changes often occur sometimes bitcoin in height up to to the Summit to the moon but sometimes also weakened at the moment now that we all are feeling it but I am sure it will bring light to the point of bitcoin.
As I concerned bitcoin value now are dropping down due to banning of this coin in some countries. Apparently all I know the reasons why this coin is so high because of continues supports of many people.
Because of them the price of this coin in the market were continues increasing, I was looking forward that someday this coin will become more famous in digital society.
member
Activity: 199
Merit: 10
January 21, 2018, 03:15:40 AM
Current price i.e $12K is not higher anymore. Now bitcoin deserve to be around $20K(stable and uptrend) in couple of month
sr. member
Activity: 434
Merit: 250
January 21, 2018, 01:06:09 AM
This can be predicted that at a price of bitcoin each day, seconds, or minutes against the certainty that occurs in the bitcoin prices so high that because we knew all along that the price changes often occur sometimes bitcoin in height up to to the Summit to the moon but sometimes also weakened at the moment now that we all are feeling it but I am sure it will bring light to the point of bitcoin.
full member
Activity: 490
Merit: 100
January 20, 2018, 04:57:09 PM
Bitcoin number one crypto currency in the whole world. Bitcoin first and old crypto currency in this world .Bitcoin running unique  technology in blockchain. Bitcoin is limited to a certain amount.No one can create it too much.

Nowadays most of the people buy and hold for the future growth and invest for the future. If hold the coin prices will be increase. market value will be change. If release coin prices will be go down. So before you will sell and buy. you will check the prices list in the market place. It will give more information.  Bitcoin prices is any time to change.
so very rational for information applies to very few users of crypto currency. Almost half react very sensitively to all fluctuations and changes in the price of the crypto currency, including Bitcoin. As soon as there are some unforeseen circumstances, everyone starts to buy or sell quickly. This of course is very influenced by the overall rating of Bitcoin. Apparently all these advertising manipulations achieve their goal.
newbie
Activity: 57
Merit: 0
January 20, 2018, 08:46:33 AM
The demand on bitcoin is very high, and that is a major factor why bitcoin values are so high. However, it seems bitcoin now sufficiently corrected from the peak value.
hero member
Activity: 980
Merit: 502
January 19, 2018, 11:18:42 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?


The bitcoin price is so high because the number of investors multiplied and the higher the demand, the higher the price. Investors are attracted to the number cryptocurrency which is bitcoin because the bitcoin users are also increasing especially when bitcoin was featured through the first bitcoin billionaires which is the Russian twins.
Bitcoin is also the number one cryptocurrency because of its ability and potential to change the life of many individuals, as we can see we have a strong foundation and blockchain for this, as well as a lot of popular businessman has devoted their time and money here, it means that they trust bitcoin a lot so why not do the same.
there are lot of different reason why the price of bitcoin is so high . The first reason is the demand of bitcoin towards the people is very high that's why the price is also high. The second is the number of user of bitcoin from all other cryptocurrency  is very high that's also affect the price of bitcoin . The third reason is the market value of bitcoin is also high if we compare from other cryptocurrency. The last is bitcoin is famous in all over the country.
sr. member
Activity: 742
Merit: 255
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January 19, 2018, 12:10:59 PM
Bitcoin number one crypto currency in the whole world. Bitcoin first and old crypto currency in this world .Bitcoin running unique  technology in blockchain. Bitcoin is limited to a certain amount.No one can create it too much.

Nowadays most of the people buy and hold for the future growth and invest for the future. If hold the coin prices will be increase. market value will be change. If release coin prices will be go down. So before you will sell and buy. you will check the prices list in the market place. It will give more information.  Bitcoin prices is any time to change.
member
Activity: 266
Merit: 10
January 19, 2018, 07:51:17 AM
Bitcoin number one crypto currency in the whole world. Bitcoin first and old crypto currency in this world .Bitcoin running unique  technology in blockchain. Bitcoin is limited to a certain amount.No one can create it too much.
full member
Activity: 1093
Merit: 103
January 18, 2018, 04:47:42 PM
it is so high because many uses it and it is so useful for many, and it is easy to transact using it and everyday many users buy stock that's why the price of it always increasing and it is too high in the market.
I think that you are a bit mistaken about the use of netcoin, because the infrastructure for users is not ready yet. It's almost non-existent so that you can use Bitcoin without problems. But the fact that the demand for the crypto currency has grown very much, it really is. Perhaps because of the demand for Bitcoin, its price has risen very high.
member
Activity: 109
Merit: 10
January 18, 2018, 09:53:34 AM
it is so high because many uses it and it is so useful for many, and it is easy to transact using it and everyday many users buy stock that's why the price of it always increasing and it is too high in the market.
newbie
Activity: 504
Merit: 0
January 15, 2018, 10:26:48 AM
High, but also the dammit fees is so big! I.e. dude tried to withdraw 500 USD worth of BTC, - 250 USD worth of BTC. And another one - mate tried to send 0.05 BTC from BC wallet & the fees cost $34.65. HELL! Everything is high without any exceptions)
sr. member
Activity: 532
Merit: 284
January 15, 2018, 10:19:05 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

Demand is the main reason which make prices is so high. bigger players millionaires and now they use them bitcoin to increasing them income "open new forks".

Is this a bubble? No bitcoin is more strong than bubble.
I think demand is still not the word to describe it. I think those investors or so called whales, and also those big companies that have already expanded in online, and recently have adapted Bitcoin as their medium. Because of this the price of Bitcoin suddenly gone up, to the point that it almost reached four times its price from last year.
newbie
Activity: 10
Merit: 0
January 15, 2018, 08:37:05 AM
The value is that attributed to criptovaluta that is untraceable digital currency.
Bitcoins are increasingly used
legendary
Activity: 2464
Merit: 2094
January 15, 2018, 08:28:25 AM
I think it's realistic if bitcoin prices continue to rise so high right now, because bitcoin has provided various advantages to users and investors who have invested in bitcoin, and the high bitcoin price is technically due to the high level of demand in the market, but it certainly is supported by the increasing popularity of bitcoin so as to attract investors to invest in bitcoin.
sr. member
Activity: 532
Merit: 284
January 15, 2018, 07:16:39 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
yes this is a fortune because of the high market demand that makes bitcoin rise so fast and also the level of enthusiasts bitcoin very much to make bitcoin prices skyrocketed to the moon.
Although it really does a big pump compare from the past years, I still think that somewhere around 15 ~ 25% of its pump is bubble, not to mention it suddenly dump from the recent charts. I mean yes, we could compare that to a skyrocket, we know that a skyrocket is a massive object that'll lift to sky, but then not all of it is going to stay intact, it needs to disengage some of its parts in order for the remaining parts to move. So what I'm saying is that the big pump of Bitcoin is not really all of that numbers, see from around 19K its now 14K ~ 16K.

I'm not saying that it is all bubble, just some of it.
sr. member
Activity: 672
Merit: 266
January 15, 2018, 06:39:28 AM
Bitcoin price so high? What should be the good price in your opinion? 1$, 10$, 1000$?
It was around 1000$ a year ago, and I'm sure there were already threads asking why bitcoin is so expensive at that time.
As said earlier, the price is fixed with buyers and sellers. If bitcoin remains above 10k$ although it encounters high tx fees at the moment means there's still people to believe in it.
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