for me the tall price may reach bitcoin one of them is the main coin of the digital currencies that have the highest potential, moreover bitcoin is a limited number of coins and it had spread all over the world. as well as the increase of the bitcoin enthusiasts who more and more from year to year make bitcoin is becoming increasingly a bit because of the limited number of available bitcoin.
Topic: Why is the price of bitcoin so high - page 113. (Read 15536 times)
There are too many resign of bitcoin price is growing very faster. When bitcoin came in this online market most of the people don’t know about bitcoin and no one can accept bitcoin in 2009 but sometime latter when people about bitcoin and most of the company accept bitcoin on that time bitcoin price is growing and when usa accept bitcoin and it is going so many faster.
Becaues many investors are coming in,the more investors the more money will BTC's aquired the more price it will go up.
THere are a limited number of bitcoins out there, only 21 million can be mined(meaning that is the maximum coins that would ever be in circulation), as its based on blockchain, meaning its not centralized. Huge demand and short supply makes its cost grow with time.
I think bitcoin is the superior of all the coins, I think it is the first one that develops of all other coins. Many investors wants to invest it to the bitcoin because it is trusted and more efficiency to the other coins, so that there is many investors to it. Many investment, there will be high a value and it going to pump and pump if there is a many investors. Bitcoin is the more loyal and trusted coins.
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
Bitcoin was born first compared to altcoin, some say that cryptocurrency was born earlier than bitcoin but I do not know the authenticity of that news, bitcoin has more to gain trust because of it and its technological, I read from the article that altcoin is based on technology applied in bitcoin but with new innovations. 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
Because it was developed to make its price higher than any fiat currencies,the omre investors coming in the more price it will pump.
Because bitcoin has its due value, its total amount is certain, so it's worth the price, but it's still a very low price, and you can buy bitcoin.
Because quantity of people that investing in crypto coins is increasing day by day. And even someone wants to buy an altcoin, he has to buy bitcoin first , so the price of bitcoin goes higher.
The reason why the price of bitcoin rising so high is there are many demands on their services that they offer in the public market.
The company of bitcoin always focus in the demand of the consumers and they know how to value them so many investors are loyal and trusted about their services.
The company of bitcoin always focus in the demand of the consumers and they know how to value them so many investors are loyal and trusted about their services.
There are many reasons for price of Bitcoin being this high.
First of all, it is the pioneer of this industry. Whenever you ask someone about cryptocurrencies, they ask "You mean Bitcoin?".
Secondly, all of the new comers to crypto world first buy Bitcoin, and since crypto is being hot right now and many people are joining, hence the sudden growth.
Thirdly, there is a limited supply that is even decreasing by time. It started with 21m supply, but because of all the lost wallets I believe the supply is reduced by at least 20-30%. When you take into account that no tokens will ever be created again, at one point demand at low price has exceeded the supply and this is why prices have to go up.
First of all, it is the pioneer of this industry. Whenever you ask someone about cryptocurrencies, they ask "You mean Bitcoin?".
Secondly, all of the new comers to crypto world first buy Bitcoin, and since crypto is being hot right now and many people are joining, hence the sudden growth.
Thirdly, there is a limited supply that is even decreasing by time. It started with 21m supply, but because of all the lost wallets I believe the supply is reduced by at least 20-30%. When you take into account that no tokens will ever be created again, at one point demand at low price has exceeded the supply and this is why prices have to go up.
Many factors have played, new investors as well as the promotion of Altcoins. This leads to the fact that the bitcoin price is constantly increasing. BTC is a popular coin, it is already shown on TV 
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
Yes, the price of Bitcoin is higher than other coins, because Bitcoin has a lot of demand so the price will always go up, but for now the price of Bitcoin is going down. There is no real or fake coin, because every coin depends on the investor and the system, if it is good then the demand will increase. 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
As was stated in the Law of demand, higher demand leads to higher supply needed. Bitcoin is now in demand in the market since many millionaires nowadays are into altcoins. of course, not only millionaires,but also typical type of people who wants their money to gain bigger than before. Since there are many people believes in bitcoin, its value is high.
Yes it is so high cause millionaires nowadays invest in bitcoin to keep their money rolling.
Its matter of investment we can say Law of demand,more demand prices go up.Most of Business tycoon and showbiz personalities are aware about Bitcoin and invest in it with high amount that's reason Bitcoin demand is high and supply is short so prices fluctuates.
Not any more!!!! 
Bitcoin is going down and capitalizatoin became lower at 100.000.000$ How' s that?
Bitcoin is going down and capitalizatoin became lower at 100.000.000$ How' s that?There are many opinions here, but which is the right question.I am most inclined to the reason re-activate segwit2x.
Not any more!!!! Bitcoin is going down and capitalizatoin became lower at 100.000.000$ How' s that?
Bitcoin is going down and capitalizatoin became lower at 100.000.000$ How' s that? There are several factors for this:
1. Bitcoin is indeed THE original coin, thus, all the rest of the Alt coins are followers of the BTC.
2. Bitcoin is accepted on a global scale and is internationally renowned - unlike the Alt coins.
3. Bitcoin is based on people's faith of it. Therefore, the more faith people have in the coin, the higher its value will be.
I hope this helped in terms of answering your question.
1. Bitcoin is indeed THE original coin, thus, all the rest of the Alt coins are followers of the BTC.
2. Bitcoin is accepted on a global scale and is internationally renowned - unlike the Alt coins.
3. Bitcoin is based on people's faith of it. Therefore, the more faith people have in the coin, the higher its value will be.
I hope this helped in terms of answering your question.
I quite agree with the above factors which actually are some of the reasons why bitcoin prices are so high, this may also include high demands and investments into bitcoin. The use of bitcoin for online transactions and the high profit gain are also possible cause of bitcoin price rise.
There are several factors for this:
1. Bitcoin is indeed THE original coin, thus, all the rest of the Alt coins are followers of the BTC.
2. Bitcoin is accepted on a global scale and is internationally renowned - unlike the Alt coins.
3. Bitcoin is based on people's faith of it. Therefore, the more faith people have in the coin, the higher its value will be.
I hope this helped in terms of answering your question.
1. Bitcoin is indeed THE original coin, thus, all the rest of the Alt coins are followers of the BTC.
2. Bitcoin is accepted on a global scale and is internationally renowned - unlike the Alt coins.
3. Bitcoin is based on people's faith of it. Therefore, the more faith people have in the coin, the higher its value will be.
I hope this helped in terms of answering your question.
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