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Topic: Why is the price of bitcoin so high - page 135. (Read 15536 times)

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Bitcoin is the currency of this age
November 23, 2017, 03:16:36 AM
It is the simple principle of demand and supply and also the daily global acceptance of BTC as a major online currency.
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One of the world's leading Bitcoin-powered casinos
November 23, 2017, 02:41:34 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
First all of all you should keep in your mind that bitcoin is the only way of success of making work smoothly Because here the bitcoin is the main coin that is a big need for trading as well as many types for online payment in cryptocurrency .
So here the demand of the  bitcoin going up and up but unfortunately I have my thinking that is saying that doing trading in these days can't give profit for you because the market of the bitcoin going speedly up , so due to that impact the price of the altcoins .
sr. member
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ALCEDO
November 23, 2017, 02:18:00 AM
The price of Bitcoin was inexplicably overpriced in 2017. I wasn't  personally expecting a rise this year because of  forks and countries that banned Bitcoin. Really, It was a year full of surprises.
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November 23, 2017, 02:04:46 AM
I think it happens because Bitcoin is the first cryptocurrency, the most reliable and has advanced technology.
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November 23, 2017, 01:58:27 AM
Today it seems high but after some time, you see even higher price from here as now its demand is spreading like fire and everyone want to get it in his kitty of investments.
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November 23, 2017, 01:55:28 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

Bitcoin is the father of crypto currency. Without bitcoin, crypto wouldn't exist. Apart from that, the value of bitcoin is high because many people trust it. The total coins is not so many and many people want to have it that's why the value continually increases.
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https://adonx.one
November 23, 2017, 01:44:26 AM
Bitcoin indeed the original one, but some altcoin and token original too.  Bitcoin price so high because the demand of this digital currency also increasing and become higher day by day, many people around the world now jump in to Bitcoin, as we know total population this world is more than 4,4 billion, but the supply of Bitcoin is only 21 million and about 17 million only in circulating.
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BITCOIN
November 23, 2017, 01:38:41 AM
lol,because a lot of people are buying large quantities of COINS COINS of the price is very high, you might think that now the currency of the price is very high, that's all right, look back many years later, COINS may be of very cheap now
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Open and Transparent Science Powered By Blockchain
November 23, 2017, 01:30:10 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

It's not that complicated, all around the world, people are buying itcoin because they think it's a great opportunity for an efficient investment.

They keep demanding it, hence the price of bitcoin is booming as a result.
Yes its is. and demands and supply on bitcoin is so big it that drives bitcoin to the top. bitcoin also believed as the first digital money.
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★Bitvest.io★ Play Plinko or Invest!
November 23, 2017, 01:26:14 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 Bitcoin is getting too high because of it's community also getting bigger day by day that causes the scarcity of the coin. High demand of Bitcoin will make the price to skyrocket that is why Bitcoin's supply will decrease or become limited since it only has 16.5 million supply. One of the factor that triggers  or manipulate the price of Bitcoin is that Altcoins being too dependent to Bitcoin on the market and it is undeniable because we can clearly see it everytime Bitcoins price move up and down.
sr. member
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November 23, 2017, 01:18:57 AM
Bitcoins were first of it's kind and had became popular and has made a good foundation in crypto currency market over these years.And it is very good for long term investment and many people and investors started investing in them which cause the prices to increase so more popular bitcoins became it prices will go up.People had earned lots of profits from bitcoins some became millionaires which attracted more people to this coin,this year bitcoins has gone from $900 to shocking $8200 this increase in price clearing shows how bitcoins are in demand.
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November 23, 2017, 01:09:02 AM
The price of bitcoin is high due to more people investing on bitcoin over altcoins because the price of ctryto is based on the demand of the coin so bitcoin demand keeps increasing that's why the price of bitcoin also keeps increasing.But there are some altcoins also having good potential the price of them are slowly started to increase soon the price of them will bump.But bitcoin will be the most valuable crypto always.
full member
Activity: 280
Merit: 102
November 23, 2017, 01:02:50 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
bitcoin the price becomes very high because many people start to see that this coin as a good investment so that people want to spend a lot of money to get it
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FRX: Ferocious Alpha
November 22, 2017, 09:39:40 AM
Here is the question: where it is better to invest? I would also clarify this: what criteria should the project answer so that it can be looked at as an investment object? Is it the amount of money that it attracts, a simple and understandable idea or is it already a ready-made platform or product that can be accessed and used already? It is clear that no one gives guarantees, etc. But there are some objective factors right?
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November 22, 2017, 09:33:54 AM
Because bitcoin was widely used back then and until now. Bitcoin is still being recognized as the number one used cryptocurrency and not many altcoins are prospectly seen to be like that.
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November 22, 2017, 09:24:50 AM
#99
Because bitcoin is the first encrypted currency using blockchain, the amount of users is large, people accept high, so the price of bitcoin is the highest, and will become higher and higher Smiley Smiley
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November 22, 2017, 09:17:30 AM
#98
Bitcoin is the first cryptocoin, and have achieved a lot of things in the past. It is the most reliable coin, and its popularity is gradually rising. So, it is not a surprise that, it is the coin which have the highest price.
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A New Exchange Era
November 22, 2017, 08:15:56 AM
#97
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

Bitcoin has a big team! It is promoted and advertised around the world! In many countries even accept payment in bitcoins. Many people who know little about cryptography think: "Bitcoin is cool". And they are right! But bitcoin is just a part, albeit very large)
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ELYSIAN | Pre-TGE 5.21.2018 | TGE 6.04.2018
November 22, 2017, 08:14:42 AM
#96
Bitcoin is a world wide digital crypto currency and most of online sites started Bitcoin as a payment gateway and the world's biggest online shopping site Amazon is thinking to add bitcoin for payment gateway, if this happen bitcoin price can reach to 12000$. I think bitcoin is digital Gold.now a days people started using bitcoin as the online thus bitcoin demand increases ,so why not bitcoin price move higher ?
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November 22, 2017, 07:45:35 AM
#95
Bitcoin has been here since day one. It's a far more superior coin to the rest. Bitcoin will continue to rise in value due to its limited supply. When the supply lessens the demand is greater hence the price increase - it's what they call Supply and Demand.
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