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Topic: Why is the price of bitcoin so high (Read 15535 times)

newbie
Activity: 78
Merit: 0
September 27, 2018, 04:57:50 AM
I don't think it is expensive. Bitcoin is only 21 million, so the price of bitcoin is now very cheap. Bitcoin will be more expensive in the future.
jr. member
Activity: 340
Merit: 2
October 22, 2018, 11:48:13 AM
Most people know crypto because bitcoin is born long ago, is known around the world, and altcoin was born after the impact of bitcoin. Altcoin has to depend on bitcoin and the total supply of bitcoin is quite scarce, so the price is high.
hero member
Activity: 1005
Merit: 500
October 24, 2018, 01:20:03 AM
Hello,

Im new in crypto and have a question (a stupid one).. I never really gave it much though and now i wonder.

Is price of bitcoin so high (compared to altcoins) because it is so much superior or is it just because it is THE coin - the original one.

Cheers Smiley
The price of BTC is now very stable, and in the trough, you can buy it as a long-term investment.
copper member
Activity: 364
Merit: 1
October 23, 2018, 06:23:28 PM
Bitcoin has been in existence for a long time, years. The first and the base of all other altcoins. The market demand for bitcoin increases the value and its most stable than others. When you think of investment, start from there.
member
Activity: 199
Merit: 10
October 23, 2018, 05:46:28 PM
Hello,

Im new in crypto and have a question (a stupid one).. I never really gave it much though and now i wonder.

Is price of bitcoin so high (compared to altcoins) because it is so much superior or is it just because it is THE coin - the original one.

Cheers Smiley
there are a number of reasons why bitcoin becomes an expensive coin, among which is because many people are interested in BTC, other than that in every exchange to buy altcoins most use BTC, in the ICO project too.
full member
Activity: 448
Merit: 102
APOLLOX Protocol
October 23, 2018, 05:34:03 PM
Mostly because people believe it is further price growth...The just want profits and they are ready to buy BTC for big money...remember last winter.
full member
Activity: 462
Merit: 100
October 23, 2018, 04:36:34 PM
Bitcoin is too popular and well in demand among people who transfer funds and do not want to Shine their money before taxes
Bitcoin is priced really high because the coin is very ancient. The coin was built more than 8 years ago.
Bitcoin has been able to go through a very long process and prove that Bitcoin is worth noting so many people start using Bitcoin as their investment tool. Bitcoin also has many advantages and is also believed to continue to grow in the future so that the price is very high because Bitcoin is worth a high investment.
hero member
Activity: 868
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
October 23, 2018, 04:24:11 PM
Bitcoin is too popular and well in demand among people who transfer funds and do not want to Shine their money before taxes
Bitcoin is priced really high because the coin is very ancient. The coin was built more than 8 years ago.
member
Activity: 252
Merit: 11
🔰FERRUM NETWORK🔰
October 23, 2018, 04:16:28 PM
It's all about supply and demand economy. If supply is low and demand is high, this means that the price of an entity will rise.
member
Activity: 152
Merit: 10
October 22, 2018, 05:18:54 PM
Now price for bitcoin very low. If to watch that his quantity is limited. And what remains him less in the general access every year, its price has to be much higher.
jr. member
Activity: 107
Merit: 1
The World’s First Blockchain Core
October 22, 2018, 04:57:07 PM
i  think   there  are   a  few   reasons  and  some  of  them  are  because it  is the  first  coins  and  it  is  because  of  its  users that  it  has.
member
Activity: 378
Merit: 10
October 22, 2018, 04:54:15 PM
bitcoin bring new concept to the world. bitcoin price are high because it is face of the crypto world.this is the philosphical view. technical it is in limited supply and its mining is difficult also. secondly its demand is relatively high in this bearishmarket. thats why crypto market is high

I'd been critical of BTC the whole year and considered it unviable, but experience showed only BTC had a real value. Altcoins were just "pale shades" which promised much but, as a matter of fact, they were nothing
member
Activity: 364
Merit: 10
October 22, 2018, 03:03:04 PM
I think the price of bitcoin is very low now. This coin has a lot of prospects that are undervalued now. The cryptocurrency market should go up.
member
Activity: 434
Merit: 17
October 22, 2018, 01:55:47 PM
It all depends on what price people are willing to buy it. You understand that the price is at these levels solely due to the fact that this price suits people.
sr. member
Activity: 994
Merit: 250
October 22, 2018, 12:23:49 PM
It's all obvious. Bitcoin is the first and most popular cryptocurrency in the world. At every step and everywhere, the word Bitcoin is often heard. also many keep their money on it
copper member
Activity: 378
Merit: 0
October 22, 2018, 12:05:01 PM
bitcoin bring new concept to the world. bitcoin price are high because it is face of the crypto world.this is the philosphical view. technical it is in limited supply and its mining is difficult also. secondly its demand is relatively high in this bearishmarket. thats why crypto market is high
jr. member
Activity: 98
Merit: 1
October 22, 2018, 11:59:05 AM
Because it is THE coin. Bitcoin is first. And Bitcoin is king. But if talk seriously, then owners choose the price. And looks like they think that they have something really valuable.
sr. member
Activity: 674
Merit: 250
October 22, 2018, 11:54:11 AM
In my opinion, Bitcoin prices will be completely different at the moment. Bitcoin prices are not good and they are getting worse. But with the majority of the market believing that the market will be stable and Bitcoin will rise to $ 32,000
full member
Activity: 602
Merit: 100
October 22, 2018, 11:42:23 AM
I am sure that after a while you will still begin to understand that you were wrong, because the prices on the market today are actually very, very small, because today there is no interest in the market from small investors. Yet today there is still an opportunity to earn.
member
Activity: 392
Merit: 10
October 22, 2018, 11:37:59 AM
Bitcoin is too popular and well in demand among people who transfer funds and do not want to Shine their money before taxes
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