Topic: Why is bitcoin price so high? - page 2. (Read 1917 times)
Due to people's demand and supply and fork, i believe that this was the main reason but today you really can't tell if you will gain by this price compared to the transaction fees itself? It was insane for a small transaction to pay almost half of it.
Imagine how far we came through at it's present price since from it's existence. No other form of investment can compared it's growth rate. This all things happen just because we made it and let it go that way. People are trusted this and they totally invested, that's make it grows wildly in the market.
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
To be honest bitcoin having the biggest and most active crypto community and most investors supporting it i think we have not yet seen its full potential, and AFAIK price is not yet high enough looking at how much demand for bitcoin that exists and ofcourse the gains are very much real.
If we used the principles of law of supply and .demand; the reason behind why thr market value of bitcoin is increasing to high because of its lots or loads of supports of investors in their services provided If there is a high demand the market value will increase; in other words there is a direct relationship between these two ideas.
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
iys prove that bitcoin is investment for future so the price so highi think bitcoin will reach high price again in the next so don't forget to buy now and saving
I really love the bitcoins volatility, yesterday it was down by 12k now its back to 14k. Wish it will now continue to rise.
The price is so high because bitcoin is the leading crypto in the world and the people trust it most and that’s why they are putting their savings in bitcoin for earning more and more money. People are interesting in bitcoin and they want their friends and relatives to buy bitcoin for getting rich so it is also a way of bitcoin popularity and high investment ratio has given bitcoin the top position in the market. 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 down for about two weeks because of the market correction, but it appears the price started recovering good for now, because the bitcoin price gains about 8% increase in value today. so, if you want to invest in bitcoin, now is definitely the time before the price skyrockets again. Yes your right, the value or price now is started to recover for his drop. And i think this is the time to invest and buy more bitcoin because like what other said bitcoin value continue to increase.
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 down for about two weeks because of the market correction, but it appears the price started recovering good for now, because the bitcoin price gains about 8% increase in value today. so, if you want to invest in bitcoin, now is definitely the time before the price skyrockets again. Since the price of Bitcoin is getting high each day, it attracts more investors to invest on it. Because of this the demand in the market is getting high. The higher the demand, the higher will be the cost or value.
Bitcoin is very high right now, the price is at 16k+ so there is a lot of people talking about it. More people will start to invest their savings into Bitcoin.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.
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.
People are speculating, the amount of bitcoin in the market is not much it will push prices up. But more importantly, bitcoin is indeed the future payment medium.
Most of the people hold the bitcoin for the future purposs. If people hold bitcoin low in the market places. So it will incres the prices automatically. If people release the bitcoin. It will down the bitcoin prices. So bitcoin prices is not teable so it will chage any time. You will check the bitcoin prices list day by day. It good opportunity for future invest. Most of the people hold the bitcoin for the future saving, future invest, improve business process, so people hold the bitcoin.
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.
Bit coin first crypto currency. It's most popular in the world . It's used to all digital exchanges. Bit coin now still number one crypto currency. More people used and invest in digital currency. Many companies accepted in bitcoin . Bit coin running in blockchain technology its powerful
I am already tormented by doubts Whether I acted correctly today, I sold ETH and bought Bitcoin. I expected that in the next 2018 we will see even greater growth in the price of Bitcoin, but I think that I am very much mistaken.
You did well. Ethereum is on its way down in general due to governments going nuts on ICO's, and let that be Ethereum's main source of growth. Unless they manage to market themselves well enough to realize growth without ICO's and stuff, I don't see much reason for Ethereum to maintain its current higher levels. Bitcoin on the other hand has so much more room for growth, that it only makes sense to have it be the major part of your crypto portfolio. It will be a bullish year again, and especially with more institutions finding their way into Bitcoin, and not to forget lightning network being a realistic option.
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
Can't be called a bubble but an unexpected spike that was never seen or thought of before.
Reasons why it went up so high:
- Bitcoin gained traction after it surpassed its previous ATH during the beginning of 2017.
- Seeing the spikes, everyone joined the train and went with the flow.
- Afterwards, according to the plans, a "season of forks" came into action. BCH was announced and to get more of what they were expecting from their free money, they started pumping in more cash in Bitcoins.
- Value spiked to more than 20 times in a year itself because of total number of users getting added daily broke records everyday.
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
Can't be called a bubble but an unexpected spike that was never seen or thought of before.
Reasons why it went up so high:
- Bitcoin gained traction after it surpassed its previous ATH during the beginning of 2017.
- Seeing the spikes, everyone joined the train and went with the flow.
- Afterwards, according to the plans, a "season of forks" came into action. BCH was announced and to get more of what they were expecting from their free money, they started pumping in more cash in Bitcoins.
- Value spiked to more than 20 times in a year itself because of total number of users getting added daily broke records everyday.
Because bitcoin has been in great demand by many people in various places with various backgrounds where they have the same goal, which is investing in cryptocurrency. And of course this affects value of bitcoin, which rises from day to day as demand continues to increase.
I think it is great opportunity for all of us especially to the investors that the market value of bitcoin is raising so high; with this it will increase the demand of bitcoin and there will be more people engage in the community of bitcoin. I think with this the bitcoin can be promoted in the whole world.
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