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Topic: Why is the price of bitcoin so high - page 29. (Read 15562 times)

newbie
Activity: 154
Merit: 0
August 06, 2018, 04:10:45 AM
bitcoin is the first coin, so he is very superior. limited amount of bitcoin becomes the target of many people and it increases the price of bitcoin every year. bitcoin will always be a favorite.
newbie
Activity: 110
Merit: 0
August 06, 2018, 03:11:59 AM
In that case id assume that when time goes by and cryptocoins become more and more mainstream and used by the public (assuming they wont get banned) BTC should be surpassed by other coins which solve issues btc doesnt. Also fees and transfer times seem a bit too much


Bitcoin is so high in the market price because it first coin in cryptocurrency. And the demand of bitcoin is also high since it is launched and lot of investor become successful because of bitcoin.
jr. member
Activity: 210
Merit: 3
August 06, 2018, 03:00:17 AM
Because the number of bitcoin is constant and bitcoin is the most popular cryptocurrency, the more demand there is, the higher the market price.
member
Activity: 406
Merit: 10
August 06, 2018, 02:58:45 AM
BTC became the first coin in the crypto market, providing a powerful breakthrough and opportunities for this segment. Therefore it is quite logical that it remains in demand among investors and has a high price for buying.
newbie
Activity: 37
Merit: 0
August 06, 2018, 02:49:30 AM
Bitcoins are so high because more and more people make money online and investors are investing heavily in bitcoins. This makes the cryptographic economy more attractive to people and the price increases cause many bitcoin needs. Moreover, there are only 21 million bitcoins around the world and everyone wants to own it and its price is very high
sr. member
Activity: 843
Merit: 255
8V Global | 8v.com
August 06, 2018, 02:47:25 AM
I know a person who bought very cheaply and has not sold them yet. (coins bitcoin) - He said that he did not sell them before they become 100 times more expensive. Here either the strategist is doomed to success, or the person is missing the last opportunity to repel and even with good profit their investments. But he decided as he decided, and this is his right. I think the fair price will never be.
newbie
Activity: 35
Merit: 0
August 05, 2018, 09:40:42 PM
Its value its high in light of the fact that the it is the save money for the various coins. Besides the interest for it is in the most noteworthy pinnacle and everyone needs to purchase right off the bat btc as opposed to altcoins.
jr. member
Activity: 121
Merit: 1
August 05, 2018, 06:51:36 PM
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 now is too low compare to last year, the price of bitcoin explode in the end of the year.
If you compare the price of bitcoin and other altcoins there are big difference about it, the reason why there is a big difference is because the bitcoin is the first coin that was release and it is the main coin of the cryptocurrency.
full member
Activity: 896
Merit: 108
August 05, 2018, 06:43:37 PM
The cost of BTC is now high, because it is really a strong, stable and in demand coin, which always enjoys well-deserved demand in the crypto market.
Well, cryptocurrency prices follow the economic law, so it really depends on the amount of supply and demand on the market. Bitcoin as the first cryptocurrency, has an increasing popularity, especially the more enthusiasts and able to survive even though at the beginning of its appearance there is always doubt.
jr. member
Activity: 137
Merit: 1
August 05, 2018, 06:37:41 PM
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 now is too low compare to last year, the price of bitcoin explode in the end of the year.
member
Activity: 434
Merit: 17
August 05, 2018, 06:16:34 PM
Divide the capitalization by the number of coins, so you will get the price of Bitcoin.
Many people believe in it and are willing to keep money in it.
full member
Activity: 364
Merit: 100
August 05, 2018, 04:20:29 PM
Because Most people getting into cryptocurrency start with bitcoin. Some are not even aware if there are other crypto coins. All coins have max supply and price will much higher from now when the supply reach it maximum.
newbie
Activity: 182
Merit: 0
August 05, 2018, 04:19:15 PM
Because bitcoin is the first coin in the market of crypto which makes crypto world famous.  Whenever the name of cryptocurrency  comes the there will always be the name of bitcoin infront of it.  So, bitcoin price is so high.  When you do work in bounties,  some bounties gives rewards in btc, the bitcoin is promoting itself by bounties work. 
full member
Activity: 360
Merit: 103
🤖UBEX.COM 🤖
August 05, 2018, 04:10:34 PM
Now the price of bitcoin is not as big as it could be. I believe that it should cost more. I very much hope that the market will soon begin to grow rapidly!
hero member
Activity: 938
Merit: 501
August 05, 2018, 04:07:52 PM
Bitcoin can be produced in limited numbers and as the King of cryptocurrencies, bitcoin has the most demand. These prices are expensive compared to some people and some people are very cheap.
member
Activity: 392
Merit: 10
August 05, 2018, 03:36:16 PM
Well, because bitcoin is very popular , and I think the price will rise even more, bitcoin has created itself!
jr. member
Activity: 210
Merit: 1
August 05, 2018, 03:34:50 PM
Because that’s the price at which people are willing to sell bitcoin. There are more people wanting to buy than willing to sell. Wink
sr. member
Activity: 529
Merit: 250
August 05, 2018, 03:27:33 PM
I think that Bitcoin would have 20K price again by the end of this year, it is not so unbelievable as some people think
member
Activity: 532
Merit: 10
Bountyhive.io
August 05, 2018, 03:25:15 PM
I think it's back down now and it's different price since when this topic started but the price is still high compared to other crypto. I think the only reason it is this high is because people trust bitcoin more than other crypto and it's also the first of its kind
sr. member
Activity: 392
Merit: 250
August 05, 2018, 03:22:46 PM
Because Bitcoin is the first cryptocurrency, since it is the most popular crypto in the market, investors are generally they buy altcoins through Bitcoin. For reasons like this, Bitcoin more valuable than others.
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