supply and demand
always because of that basic knowledge of economy
low supply but have high demand that cause of high price of bitcoin
21million supply but use by much people from different countries
Topic: Why is the price of bitcoin so high - page 109. (Read 15536 times)
It seems to me that the price of bitcoin is so high due to the technology of the blockchain. This technology can become very useful to society. And now people understand the value of crypto currency and want to buy it.
they want to buy when they finally see the positive way of having bitcoin and by owning it and the way on how bitcoin may change your lifestyle for because of having this and more people are now having this so as of now bitcoin may take so high.
It seems to me that the price of bitcoin is so high due to the technology of the blockchain. This technology can become very useful to society. And now people understand the value of crypto currency and want to buy it.
yes, for now BTC have higher marketcaps
i think because BTC is the mother of all cypto nowadays, except ripple
it is only natural for investor and trader believe BTC than other coin, huge community, user, exchanger, etc to buy BTC after fiat money
but i think it will depend on how this technology will implement in daily life
more buyer, more demand and higher price
i think because BTC is the mother of all cypto nowadays, except ripple
it is only natural for investor and trader believe BTC than other coin, huge community, user, exchanger, etc to buy BTC after fiat money
but i think it will depend on how this technology will implement in daily life
more buyer, more demand and higher price
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
I think Bitcoin have a believe by their Consumers.i think that's the only reason. 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
why bitcoin prices can be high, I think because bitcoin has a limited supply that causes it to become increasingly difficult to find so that prices soar, and the rise in bitcoin prices can be influenced by market demand where if demand is higher and bitcoin supply not enough to meet the demand will rise quite high, and so because many new people are starting to see the potential of bitcoin as a promising investment place, so they invest in bitcoin they buy a lot of bitcoin for them to save as an investment, either long term or short term
It was my first time to see the bitcoin will going pump in $19k, It was aa huge value of bitcoin that rise on that high value. It was great opportunity to the bitcoin holder because they can get a high profit from that.
Bitcoin is currently having hard times but that will change soon. I don't agree that it's too high even when it was 20k. When we think about bitcoin's potential we should get used to seeing these big numbers becaseu sooner or later it will pass 50k too.
That's true because sometines bitcoin is not that really high it only deoends in the value, were too blessed if that will happen but eventually its not
Why is the price of gold so high ? Simple reason for both 2 questions,it is important and is good investment.
Bitcoin is pretty much the first crypto, making it the original one, before the likes of ETH and such. Therefore, people know it better since it has been around for a longer period of time.
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
Ofc there is some truth in your words bitcoin is the first peer to peer crypto currency, it has this huge legacy, but on the other hand people pays a lot of money for bitcoin and bitcoin is now a valuable asset. It is not for the day to day shopping. It is like fine art, of crypto world 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
Now a days everyone know about Bitcoin in cryptocurrency world it's every year grow up and in the future it;s growth more high. In cryptocurrency world now bitcoin represent it and more people believe in bitcoin for get more profit. Bitcoin also stable in the market as long time and altcoin new coin collect so bitcoin price so high.
The price keep on rising because there is an increase in demand of bitcoin in the world, and also bitcoin is the first digital currency.
The price of bitcoin is so high, because it is the world's first crypto currency and always will be. Bitcoin is digital gold. The technologies of some altcoins are now more advanced, but bitcoin will forever remain the standard for crypto currency.
As it could be seen, bitcoin price is so high compare to other altcoin, simply because bitcoin had been in existence for a while, and it is the most popular and the first digital currency all over the world.
perhaps the first Bitcoin coin in the world of crypto and altcoin is a bitcoin follower. bitcoin is nominated all over the world and is acceptable in most places, whereas most people are not aware of altcoin nor have value but are still under Bitcoin.
True, since it is the very first breakthrough of cryptocurrency through bitcoin I think it deserves that high value from all of the things it has gone through. Bitcoin has laid the very foundation of acceptability and services for cryptocurrencies that every altcoins benefits today.
The price of bitcoin is so high, because it was and is the first crypto currency in the world. He is like digital gold. People believed in the technology of blocking and thus secured such a price bitcoin.
Yes, the value of Bitcoin is high if you will compare it to the other coins. I think the reason behind it are, first, it is popular and it keeps getting known worldwide. Also, Bitcoin starts to get the trust of people so the demands get high too. And like what you said, it is the first cryptocurrency created in this world, so if you'll have comparison, it will always be top of the hills.
That is the popularity of the bitcoin when the time goes by more investor will buy bitcoin to make the prices go higher and the technology goes rapidly grows faster bitcoin is now relevance when shopping chosen shop that will accepts bitcoin
The price of bitcoin is so high, because it was and is the first crypto currency in the world. He is like digital gold. People believed in the technology of blocking and thus secured such a price bitcoin.
The ordinary world starts accepting crypto money, realizing that they are the future of the economy. All these factors favorably affect the cost of the first crypto coin bitcoin.
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