Topic: Why is the price of bitcoin so high - page 137. (Read 15536 times)
Because evryone want it
I don’t wonder that Bitcoin price is so high. This price is normal for the biggest currency in the world. I wonder when Bitcoin is falling, when it fluctuated up and down. This uncertainty is really abnormal.
If you think this is high, you'll have to look back at this thread in a year and then check the price.
If I understand everything correctly, then like all other currencies, the cost of bitcoin is determined by speculative factors. It turns out that the more there are large players in this e-commerce market - the more the currency will cost, because it is stronger, including the number of holders - participants (miners) and investors? All right? 
Supply and demand is really all it comes down to. People are willing to pay over $8,000 therefore that's how much it is worth....
Demand for Bitcoin keeps growing as more and more people want it all over the world, and then all the more companies accept BTC as a (one of muptiple and sometimes even the only) payment method available, which further contributes to the growth in demand, and so on, and so forth. There are other reasons but this looks major.
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
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 it's because of the constant demand that bitcoins are receiving across the world. And so the price of bitcoins is increasing. One of my other reasons is the succession of the hardfork to further improve the Bitcoins. Hopefully the next few years will be fine with the problem of the high transaction fee we are currently experiencing. In order for us to use Bitcoins freely. And we're financially independent.
The price of bitcoin is so high because of the demand in the market. It is the king of cryptocurrency, Ethereum is the queen and followed by altcoins.
Some WALL ST companies now will use Bitcoin as a derivative and also they will use altcoins as risk packages to sell to the banks. THIS way Banks get involved in altcoins and mainly Bitcoin. Also there will be Bitcoin futures launching end of this year and many people still look at bitcoin as a less riskier digital currency to hedge their funds into.
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
why bitcoin prices are so high ?. the answer is because nowadays more and more demand for bitcoin it makes people race to get bitcoin maybe in other word it can be called as price war. 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
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
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 is the price of bitcoin so high?
Bitcoin is getting more popular every day and more merchants start using it. I remember a few years ago was impossible to buy on eBay using Bitcoin, now there are small companies that can do it for you. Bitcoin was first and the adoption rate is higher than any other cryptocurrency. Bitcoin limited supply of 21 million coins has a huge impact on price.The good and bad press makes bitcoin more popular, each time when BTC price increase there is a lot of news and articles all over the internet so we can expect more when BTC hits 10.000$ price mark for the first time.
Because Bitcoin is the first cryptocurrency coin
Bitcoin is gold, it has a mining support
Also it price has increased because of forks
Bitcoin is gold, it has a mining support
Also it price has increased because of forks
Be wary about what is happening.
It could be so high now but something might go on again that will try to break it down.
There might be another movement like what happened with BCH.
I hope now we are all ready and not trust pumps from other cryptos which is obviously just to fulfill their greeds
For now, let us enjoy it while preparing for that.
It could be so high now but something might go on again that will try to break it down.
There might be another movement like what happened with BCH.
I hope now we are all ready and not trust pumps from other cryptos which is obviously just to fulfill their greeds
For now, let us enjoy it while preparing for that.
The first reason why the price of Bitcoin is so high is because it is superior. In year 2009, Bitcoin came to an existence. It has become superior because it is the first cryptocurrency. A lot of developers, hardwares, and softwares supported Bitcoin first. The next reason is, the total demands on Bitcoin is high.
bitcoin is the first cryptocoin before another coin pops up. so I think the number of bitcoin users so bitcoin becomes very popular. bitcoin prices are also influenced by large market demand. thus increasing the bitcoin and bitcoin votality to be very expensive. from year to year bitcoin prices become high and everyone wants to invest bitcoin. because the price of bitcoin is very volatile. change every time
Everyone is buying bitcoin just as an investment for fast income and not for practical use so it kinda lost its charm.
Bitcoin today just like gold as an investment and not used as actual monetary for products and services payments. So people are holding it instead of circulating the coins. That's the reason why Bitcoin is very expensive.
Iit is because of the market demand. a lot of people want to get hold of the bitcoin because it has a high price on the past mont and the bitcoin has risen a lot . they expect to rise because of the demand for the bitcoin is high, this is the reason why it is so high that every people want to get hold of it
I see bitcoin as a reserver currency and companies/people want to have it.
Bitcoin today isn't a monetary currency anymore and it is called by experts as an asset because the coin is very limited and the circulation is very few. That's why Altcoins are acting the real cryptocurrencies because they are the one who used to be monetary for products and services payment.
Bitcoin is the mother of all Cryptocurrencies and it's overrated due to it's limited supply and people wanted to hold their coins instead of selling it. That's why Bitcoin is very expensive today.
Basically right now almost nobody is buying bitcoin for its usage like it was meant to be, everyone is buying it now for a quick profit.
I believe that its not who buys, it now began to be used in many places, and while this is so it will grow) Jump to: