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Topic: Why is bitcoin price so high? - page 3. (Read 1924 times)

legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
December 29, 2017, 12:58:04 AM
Oh!Don't be so doubtful!!Ofcourse the gain is real.I am a minor player(as you defined). I've already gain satisfactory bitcoin.

Ok.You've asked why the price of bitcoin is so high.Actually there is a significant reason of it.You may be know that there are a fixed number of bitcoin in this whole world.But the number of buyers of bitcoin is increasing day by day.So,to cope up the number of supply and demand,the price of bitcoin is so high.
Actually, I completely agree with you, but that's just not Bitcoin saying that demand creates supply. If Bitcoin is limited in its quantity, then the market can not offer more than it asks. It is quite logical. But the price still falls today. How can I explain this?






Bitcoin is a digital currency ,now it was accepted by Amazon also and investor of bitcoin also now a days increased so if buyer increased one product the rate also increased simultaneously.But I think 15k$ is not high value as compared to last week of 20k$,so you can inverse now to get some profit.
well, the price increase will keep going. I am sure that bitcoin prices will also be higher. it's because every year, bitcoin users increase, and the amount of investment on bitcoin gets bigger, so it keeps the price higher.
member
Activity: 266
Merit: 10
December 29, 2017, 12:49:22 AM
Bit coin first digital currency.This is due to its growth. Users are beginning to increase.It is very popular among the people.Many companies have accepted this. In some countries, bit coin investments are encouraged.Most business is taking a bit of coin. Most investments attract bit coin.This is due to its value.
hero member
Activity: 1022
Merit: 521
December 28, 2017, 05:30:59 PM
Oh!Don't be so doubtful!!Ofcourse the gain is real.I am a minor player(as you defined). I've already gain satisfactory bitcoin.

Ok.You've asked why the price of bitcoin is so high.Actually there is a significant reason of it.You may be know that there are a fixed number of bitcoin in this whole world.But the number of buyers of bitcoin is increasing day by day.So,to cope up the number of supply and demand,the price of bitcoin is so high.
It was high in previous few days but then it went down and now it has started to recover again all this is beauty of bitcoin it keep on giving people opportunities to buy as much as they can and now still there Is time to buy because prices are not that much high and they will soon cross 20k and people will only see the price rising so still who didn’t bought has chance to get as this is still very low price so avail this chance.
sr. member
Activity: 602
Merit: 255
December 23, 2017, 03:27:26 PM
Oh!Don't be so doubtful!!Ofcourse the gain is real.I am a minor player(as you defined). I've already gain satisfactory bitcoin.

Ok.You've asked why the price of bitcoin is so high.Actually there is a significant reason of it.You may be know that there are a fixed number of bitcoin in this whole world.But the number of buyers of bitcoin is increasing day by day.So,to cope up the number of supply and demand,the price of bitcoin is so high.
Actually, I completely agree with you, but that's just not Bitcoin saying that demand creates supply. If Bitcoin is limited in its quantity, then the market can not offer more than it asks. It is quite logical. But the price still falls today. How can I explain this?






Bitcoin is a digital currency ,now it was accepted by Amazon also and investor of bitcoin also now a days increased so if buyer increased one product the rate also increased simultaneously.But I think 15k$ is not high value as compared to last week of 20k$,so you can inverse now to get some profit.
full member
Activity: 490
Merit: 100
December 23, 2017, 02:59:15 PM
Oh!Don't be so doubtful!!Ofcourse the gain is real.I am a minor player(as you defined). I've already gain satisfactory bitcoin.

Ok.You've asked why the price of bitcoin is so high.Actually there is a significant reason of it.You may be know that there are a fixed number of bitcoin in this whole world.But the number of buyers of bitcoin is increasing day by day.So,to cope up the number of supply and demand,the price of bitcoin is so high.
Actually, I completely agree with you, but that's just not Bitcoin saying that demand creates supply. If Bitcoin is limited in its quantity, then the market can not offer more than it asks. It is quite logical. But the price still falls today. How can I explain this?
FRJ
member
Activity: 280
Merit: 15
The Worlds Most Advanced Distributed Computer
December 23, 2017, 11:57:57 AM
Oh!Don't be so doubtful!!Ofcourse the gain is real.I am a minor player(as you defined). I've already gain satisfactory bitcoin.

Ok.You've asked why the price of bitcoin is so high.Actually there is a significant reason of it.You may be know that there are a fixed number of bitcoin in this whole world.But the number of buyers of bitcoin is increasing day by day.So,to cope up the number of supply and demand,the price of bitcoin is so high.
newbie
Activity: 50
Merit: 0
December 23, 2017, 10:35:26 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

last days we see big player make game with bitcoin price rising and downing without any reason.

good price for bitcoin is 10,000$ 15$-20$ is so high
full member
Activity: 560
Merit: 101
December 23, 2017, 09:40:33 AM
Bitcoin had withstood the test of time and more people have realized its legitimacy and started to accept bitcoin's main purpose, thus more people are investing on bitcoin and therefore the demand increased which caused its price to rise.
hero member
Activity: 1400
Merit: 536
December 23, 2017, 09:27:52 AM
Those who think that the price of bitcoin is expensive did not do Bitcoin again, but when Bitcoin dropped to the level of 10k dollars, most people waited for it to fall further and Bitcoin could not make the purchase. Such people are very interesting, Bitcoin is planning to get 100 dollarsof thought.
full member
Activity: 672
Merit: 176
December 23, 2017, 03:42:40 AM
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.

apparently it's not just Bitcoin's demand in the market, but the fact that the price itself is embedded in the Bitcoin structure itself, and I do not exclude that these figures are very large, you can even say huge.
hero member
Activity: 980
Merit: 502
December 22, 2017, 10:20:41 PM
The price of bitcoin is so high because the bitcoin become the number one cryptocurrency in all over the country and people know about bitcoin in all over the world  and more people attracted towards the bitcoin in daily life because by seeing the price of bitcoin very high rate and it countinously increasing rapidly . So people attract towards the bitcoin is more to earn the more money in less time which help them to become rich .
there are so many different reason why the price of bitcoin is so high . The first is the demand of bitcoin is countinously increase because of the price of bitcoin is countinously increasing so that the people are more attracted towards the bitcoin by this the number of user of bitcoin is also increase so that price of bitcoin was increasing countinously and reaches to very high price in 2018.
newbie
Activity: 95
Merit: 0
December 22, 2017, 09:53:38 PM
I really love the bitcoins volatility, yesterday it was down by 12k now its back to 14k. Wish it will now continue to rise.
full member
Activity: 266
Merit: 100
Partner of UBER GRAB GOCAR
December 22, 2017, 09:47:00 PM
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.
full member
Activity: 420
Merit: 104
December 22, 2017, 01:32:44 PM

When many people are in panic, wise ones are acting to gain more profit.. Just don`t sell at the bottom, contrarywise, it`s a good time to buy
newbie
Activity: 7
Merit: 0
December 22, 2017, 01:23:26 PM
Currently, bitcoin is the biggest cryptocurrency so far and people have been very interested in it. Since there is the interest coming from the people, this increases the market so the value of it goes higher.
member
Activity: 95
Merit: 10
December 22, 2017, 07:35:33 AM
it is not bubble but  millionaires start playing with bitcoin price.

no one can explain why bitcoin bumping 1000% in one year and why lost 6000$ in two days only.
full member
Activity: 308
Merit: 100
December 22, 2017, 05:54:57 AM
Bitcoin price is very high a few days ago because a lot of people are talking about it on television ! Bitcoin is becoming more and more popular and cryptocurrency is mainstream now ! You can go every where in public and hear people talk about it but I am sure most of them are not invested yet, and when they do it I think we can expect a very big pump for bitcoin ! You see it went from 10 000$ to 20 000$ like it's nothing right 
hero member
Activity: 1610
Merit: 507
December 22, 2017, 05:08:46 AM
It is due to the Christmas season. But the price right now is already going down big. Is it still wise to do investment?

It is still wise to do investment in bitcoin but I don't want to buy the whole 1 bitcoin. maybe I will divide my order buy to several parts so I can buy at many ranges of the price of bitcoin so if the price increase so high, I can sell at once or sell part by part. I see in the market, people getting panic because the price is dropped too far than they expected and they don't want to lose their profit so they sell their bitcoin to make a profit. I don't know how much their profit but if they buy at the higher price then they cannot make a profit and only loss their money.
newbie
Activity: 95
Merit: 0
December 22, 2017, 03:24:57 AM
It is due to the Christmas season. But the price right now is already going down big. Is it still wise to do investment?
hero member
Activity: 2828
Merit: 611
December 21, 2017, 12:45:34 AM
As the Christmas season was approaching, Bitcoin rates were fairly increasing which made everyone truly pleased. With this comes more demand as people learned how profitable it can be. More people wants to invest in this venture since the value of your money can multiply significantly in a span of hours or even minutes, but little do they know is that it is not that easy. There is a certain balance that is to be maintained so that massive corrections won't be reached. Simply put, Bitcoin price is getting higher day by day because the supply is very limited and many people wants to have it.
There will be more rise on the Christmas time because people are now truly toward the bitcoin and they want to earn money in easier and faster way and bitcoin is the best way and mostly job people get annual applause bonus on the Christmas and as far I am visionary sensible people will invest that money in bitcoin because no other investment has such a high security and the higher profit return of bitcoin impresses everyone,
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