Topic: Why is bitcoin price so high? - page 8. (Read 1924 times)
have you ever heard about swollen bubble
So the price of bitcoins is rising because of its demand. Demand for people who want to know whether bitcoins can change their life. And one of the reasons is the rapidly increasing price of bitcoins. So many want to invest in it because of the fast return of profit. Even in one day it's possible to grow almost 30% of the investment so I'm not surprised that many will actually enter the world of crypto
Such a large income from rising prices for the bitcoins may attract new users and scare them away. Everyone sees this price increase signs of a bubble. You agree with that? It seems to me that not all people with bitcoin for a long time until the end confident that bitcoin will live long. All go with the flow and hope for the best.
What make you think that the gain is not real? All gain is real no need to doubt it.
Price high since people demand to bitcoin increasing in every time make price jump so high.
Price high since people demand to bitcoin increasing in every time make price jump so high.
So the price of bitcoins is rising because of its demand. Demand for people who want to know whether bitcoins can change their life. And one of the reasons is the rapidly increasing price of bitcoins. So many want to invest in it because of the fast return of profit. Even in one day it's possible to grow almost 30% of the investment so I'm not surprised that many will actually enter the world of crypto
bitcoin prices are increasingly high because of the large demand as well as the considerable role of investors that cause large bubbles for bitcoin.
and in some countries accept these bitcoin currencies so it's pretty clear to us why bitcoin prices are getting higher and soaring.
and in some countries accept these bitcoin currencies so it's pretty clear to us why bitcoin prices are getting higher and soaring.
The reason why bitcoin is gaining it's income or profit it's because it is getting a massive amount of attention and population. many big companies are joining because they finally recognized that bitcoin is getting popularity to users. Bitcoin is getting higher profit because of the increase of members ( users or investors). and because of that, the bitcoin community became the most popular cryptocurrency.
Bitcoin prices are increasing just because it is following basic economics law i.e. with the increase in demand, the prices of a commodity increase. Bitcoin is indeed an attraction for many especially for rich people now. Many businessmen, billionaires, large companies are now accepting bitcoin and investing into it just because it is the best way of saving your money and taking high profit on it. In short, increase in investors is increasing prices. 
I hear all the time from friends, colleagues and another, that tell me im mad one, keeping my money in bitcoins, because bitcoin is a bubble and soon it will down to zero! I tried to prove my point of view, but now I'm just waiting for times when I will not have to prove anything. When bitcoin hits 100000$ or more. The prices so high, because many new people are coming to cryptoworld and bitcoin is the first thing what they want to buy.
Bitcoin develops with a high comfort factor, people who feel positive effects continue to grow and market volumes grow rapidly, high bitcoin price factor this year can not be separated from the number of hardfork emerging and the appearance of many ICOs that increase bitcoin as the main conversion, even china, korea, or even Singapore does not have an overly negative effect because the country chooses to simply spread the issue and intends to improve stricter regulations. Controversy will only make people more curious because bitcoin awaken people about decentralization.
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
Oh yes, the gains are real. The high rise in the price of bitcoin is caused mainly by the new investors and users of bitcoin on daily basis, which is making the market system unequal (ie higher demands to total supply). And also, most people willingly hold to their coins to create room for scarcity making the price rise.
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 .
the price is so high because pure fomo. plain and simple.
this boils down to two types of people that purchase bitcoin; those that reposiition value inside of the system, or use value created in the system, and those that use value from outside to purchase bitcoin. if you are of the former, you know that this price level seems like a temporary thing. we are more likely to ride bitcoin up, then get off and go into other alts for increased profit. we have seen a major bull market before, and some of us have not forgotten.
the later is most of the folks that just got in. to not already have value in place at this point means you are new, this also means you are more likely to suffer major hurt as you will not recognize when to escape. be careful. these gain percentages can easily be loss percentages.
Bubble maybe, but it will go up even more
Is this a bubble?
Again I'd read another person asking if bitcoin is a bubble. The charts will tell itself that bitcoin isn't a bubble or never been into a bubble. This is just a normal demand that's increasing because of good news and people are attracted to it's value so it's surprising that it's value gets higher and higher.Are the gains real?
Yes it is, if you haven't been into bitcoin and you still into learning things about it once you get serious around and make some gain, you'll definitely answer this question. First we must understand what drives bitcoin price and, in particular, this boom. The common understanding for current growth leads us back to institutional investors preparing for the forthcoming BTC futures exchanges.
The primary theory about the astonishing rally being put forward by investors on social media is that bitcoin will soon benefit from big institutional money injections via the introduction of the first BTC futures products.
The primary theory about the astonishing rally being put forward by investors on social media is that bitcoin will soon benefit from big institutional money injections via the introduction of the first BTC futures products.
There's more. The current situation in some countries drives people into alternative forms of money. Korea is on the verge of war with the North and they have giant BTC exchange that is driving the prices up. They have also started taking BTC payments in their biggest shopping mall, that's enough to let people know about this new form of electronic money. Then there's the situation in Zimbabwe...
The bitcoin price was so high because it's a digital currency system and it price was increased day by day it's fully based on online process and computer internet in future it's rule a world because it fully online transaction like digital currency it's can buy now it in the Amazon and in future all accept this only so all are buying bitcoin so investment in Bitcoin is high so the bitcoin price was high.
First we must understand what drives bitcoin price and, in particular, this boom. The common understanding for current growth leads us back to institutional investors preparing for the forthcoming BTC futures exchanges.
The primary theory about the astonishing rally being put forward by investors on social media is that bitcoin will soon benefit from big institutional money injections via the introduction of the first BTC futures products.
The primary theory about the astonishing rally being put forward by investors on social media is that bitcoin will soon benefit from big institutional money injections via the introduction of the first BTC futures products.
There's more. The current situation in some countries drives people into alternative forms of money. Korea is on the verge of war with the North and they have giant BTC exchange that is driving the prices up. They have also started taking BTC payments in their biggest shopping mall, that's enough to let people know about this new form of electronic money. Then there's the situation in Zimbabwe...
First we must understand what drives bitcoin price and, in particular, this boom. The common understanding for current growth leads us back to institutional investors preparing for the forthcoming BTC futures exchanges.
The primary theory about the astonishing rally being put forward by investors on social media is that bitcoin will soon benefit from big institutional money injections via the introduction of the first BTC futures products.
The primary theory about the astonishing rally being put forward by investors on social media is that bitcoin will soon benefit from big institutional money injections via the introduction of the first BTC futures products.
With the increasing demand for bitcoin, the price will automatically rise again as the number of requests. so people start collecting bitcoins and start making the means to make a lot of profit
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
I doubt this being a bubble since a bubble bursts quickly. We are seeing the result of being volatile and the result of exponential growth of Bitcoin supporters. The knowledge about Bitcoin increases quickly and all began jumping in simultaneously. In short, the demand for Bitcoin is rapidly increasing and based from the law of demand, look at the price.
Bitcoin is the first one crypto currency to come into existence. Also recently its transactions as well as demand increased. Due to high demand its price is increasing too. Also many currencies depends on bitcoin so in other way its bitcoin who's in play 
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
We can not know whether this price is really high or not. When bitcoin will costs $50000 or more, $18000 will not seem to be such a great price for one bitcoin
I think the main reason is the increasing interest in Bitcoin. This also means there are many people who invest in Bitcoin.
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