Topic: Why is the price of bitcoin so high - page 16. (Read 15535 times)
Bitcoin has such a price because it is the only block that was one of the first and is one of the most common, unlike many other coins, in the world crypto currency is used to buy other altcoins. It owns the title of digital gold, that's why the price is much higher higher than other coins.
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.
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
Cuz its working process attracts many people. you can search the theory of blockchain, and you will be so interested in that.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
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I think that one of the main reason why bitcoin price goes high and so high than any other coin is because of its existence in the crypto world, that many people acknowledge and uses and hold this coin for a long time which gives bitcoin the luxury to goes higher and higher each passing day.
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
The second proposition is absolutely true, this coin is incomparable to any other, and of course, despite the speed of transactions, it still enjoys demand, because of the opportunity to get more profit. And very little in free access, the mining devoured almost half. 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
The most important reason for Bitcoins price is the limited supply. Limited supply create higher demand. Higher demand brings the price up.
The price is calculated based on the number of coins and capitalization of the project. If the coins were 10 times more, the price would be 10 times less.
The price of bitcoins follows the same rule like every other cryptocurrency which is the law of demand and supply. The more people that are buying bitcoin will mean the higher the price will go. The opposite happens when people are selling off.
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May be it is because the maximum number of Bitcoins issued will not exceed 21 million?
This gives reason to say that the cryptocurrency will not be subject to inflation due to the release of new coins.
It can be expected that in the foreseeable future, Bitcoin will shift fiduciary monetary units from the financial Olympus and will take a dominant position in the global financial market. We may well be witnessing the emergence of new standards of mutual settlements, where cash will become superfluous.
The future belongs to Bitcoin and cryptocurrencies!
This gives reason to say that the cryptocurrency will not be subject to inflation due to the release of new coins.
It can be expected that in the foreseeable future, Bitcoin will shift fiduciary monetary units from the financial Olympus and will take a dominant position in the global financial market. We may well be witnessing the emergence of new standards of mutual settlements, where cash will become superfluous.
The future belongs to Bitcoin and cryptocurrencies!
For everyday use it is not convenient and does not make sense. Perhaps for large transactions it will be used. If he can prove his worth .. before the state machine of the dollar
Bitcoin is the first digital coin in the world so it is very valuable and expensive, because now many people are starting to hunt bitcoin, with many bitcoin hunters, bitcoin prices are rising. I think that is the reason.
Because the supply of Bitcoin is fixed, it's different from fiat when you can print whatever you want. Higher demand, higher price.
May be it is because the maximum number of Bitcoins issued will not exceed 21 million?
This gives reason to say that the cryptocurrency will not be subject to inflation due to the release of new coins.
It can be expected that in the foreseeable future, Bitcoin will shift fiduciary monetary units from the financial Olympus and will take a dominant position in the global financial market. We may well be witnessing the emergence of new standards of mutual settlements, where cash will become superfluous.
The future belongs to Bitcoin and cryptocurrencies!
This gives reason to say that the cryptocurrency will not be subject to inflation due to the release of new coins.
It can be expected that in the foreseeable future, Bitcoin will shift fiduciary monetary units from the financial Olympus and will take a dominant position in the global financial market. We may well be witnessing the emergence of new standards of mutual settlements, where cash will become superfluous.
The future belongs to Bitcoin and cryptocurrencies!
For everyday use it is not convenient and does not make sense. Perhaps for large transactions it will be used. If he can prove his worth .. before the state machine of the dollar
Now this topic has to be called "Why the price of bitcoin should be high." The cost of bitcoin is associated with a huge consumption of electricity for its production, people's trust, capitalization and the number of transactions. Over time, when capitalization of bitcoin has increased tenfold, it will no longer have such price fluctuations that we see now.
I think that the price of Bitcoin is so high not because the technology is better, but because it is the first and we can say the original coin. People have much more confidence in Bitcoin and they buy Bitcoin.
if you look now at the price of bitcoin, it is quite low and compared to the winter fell three times. the price of bitcoin depends on speculation in the market.
This is probably due to the blow up room, however nowadays their prices are gradually decreasing, so I think we should not focus on selling them but hold on for a long time to wait.
At this current price, I don't think it's even high compared to what we are supposed to be seeing now, if all things have been equal.
Believe me, there is even more to come looking at what a coin like Bitcoin has to offer the entire globe. You can expect more Buddy!
Believe me, there is even more to come looking at what a coin like Bitcoin has to offer the entire globe. You can expect more Buddy!
Everything is connected with the demand for Bitcoin. Previously, when it was possible to buy only prohibited goods, the price was not so high. Now the possibility of its use has increased and the price, respectively, too.
Because BTC has limited supply and people are giving demand on the coin.
This market and once there are shortage there will be more demands which will result to price pumping.
like in cryptocurrency the price is declared by the people with their demands.
This market and once there are shortage there will be more demands which will result to price pumping.
like in cryptocurrency the price is declared by the people with their demands.
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.
My explanation for this is very simple. Bitcoin is the first crypto currency and it shows the best results in comparison with other coins that appear on the market.
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