Topic: Why is the price of bitcoin so high - page 33. (Read 15562 times)
Yes, because it's the superior, Bitcoin can boom anytime he wish without disturb from altcoin. Moreover, we are almost at the time of bull for all cryptos.
Bitcoin started the whole cryptocurrency thing, so it already has an enormous advantage, plus, despite all it's fluctuations people keep trusting in it and that is why it keeps rising in price.
Because it is the most desired and famous crypto in the world, currently it is crazily hard to earn it, and these factors build its price.
The price of bitcoin is high because it is both a good project and valuable. Production has become increasingly difficult. The more difficult the password cracking becomes, the greater the value will be.
The previous price leap was caused by enormous interest from the crowds of gamblers, which wanted to make a lot of money in a short period of time. That`s why they bought it intensively even near the top. As for right now I don't think it's bad time to buy for long-term. I think it can be much higher.
Bitcoin is the most valuable coin right now. Started more than 8years ago with an ico price of 50cent and now worth more than 8000$ this is as a result of good team and good audience it has gotten a good acceptance
Bitcoin is the original one, so is it superior. I beleive that altcoins are followers of bitcoin and should be put after bitcoin.
When a person newly gets involved to cryptocurrency, he must know the bitcoin first in order to understand crypto world.
When a person newly gets involved to cryptocurrency, he must know the bitcoin first in order to understand crypto world.
For me, I think it's nothing so much to ponder on why Bitcoin seems to be far ahead of others. There are several reasons responsible for that actually; out of which mention just one which I think has been the most important one.
This is the fact that Btc is the progenitor of every other coins in the crypto world. Thus, it opened the world up to her and its every other kind. Hence, it has gained far more popularity than any other one. Thus it's widespread usage has give it an edge over others.
This is the fact that Btc is the progenitor of every other coins in the crypto world. Thus, it opened the world up to her and its every other kind. Hence, it has gained far more popularity than any other one. Thus it's widespread usage has give it an edge over others.
What is the fair price for bitcoins? And is it possible to apply the definition of "justice" to a sphere like blockchain? I see that interest in the world of crypto currency is growing, and bitcoin itself seems to show the average temperature in the hospital. In general, I think at the end of 2018, we can see the price level comparable to the prices of 2017.
I think because the demand for bitcoin is very high, which causes the price is also high. The economic formula is quite simple. Moreover, bitcoin pair in trade very much. Bitcoin has many pair with many types of altcoin which causes the market to be heavily dominated by bitcoin and has a very large capitalization value
you have listed these reasons. originality, worldwide fame, a lot of investors, demand.
bitcoin has been through a long journey, reasonable if the current price is so high. bitcoin is the first coin in crypto, and bitcoin already existed from 9 years ago, whereas another new coin of maize.
yes, The long time of existence of bitcoin in the cryptomarket is the main reason why bitcoin price is to high, lets consider also that during that time there a huge market demand and most encouraging to invest due to its profitability.
bitcoin has been through a long journey, reasonable if the current price is so high. bitcoin is the first coin in crypto, and bitcoin already existed from 9 years ago, whereas another new coin of maize.
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
Because it is the first cryptocurrency known to people. It's like the base of all crypto coins. And also because of it's limited supply makes a lot of people want to own bitcoin. Most people trade alts to earn more btc.
Bitcoin has a strong holder and large volume in daily transactions. you can see the volume of bitcoin in each crypto market. many more investors believe in bitcoin.
Bitcoin is like euro money that has a high value in the world currency, because the many markets that use Bitcoin do not be surprised if the coin becomes the most expensive coin and the world's finest crypto coin is limited
the trust of people who know crypto to bitcoin is very high compared with other altcoin. this is probably one of the reasons for bitcoin prices. and to date even developments in some countries are mostly done primarily for licensing
Bitcoin price is so high Simply because it has won investor confidence and many persone buy bitcoin+ bitcoin is very easy to use so there is many oeople buy bitcoin for this reason
Hi. One of the reason why the price of Bitcoin is high compared to other cryptocurrencies, it is because its the first decentralized digital currency. Since then, many of the investors use bitcoin as online payment and it makes bitcoin popular. Because of its popularity, many cryptocurrencies went out in the market and do the same but bitcoin takes the lead. Since then, no other cryptocurrency can beat the value of bitcoin and it makes its value as reference.
This is because btc is widely accepted in every part of the world and it is also the first coin to come into the world of crypto and therefore people really know its capabilities
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