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Topic: Why is the price of bitcoin so high - page 46. (Read 15562 times)

newbie
Activity: 157
Merit: 0
June 23, 2018, 02:57:22 AM
Bitcoin is the King of coins and some of this year's always growing because first Bitcoin investors will know more about this first coin. So that people will invest in the Bitcoin and benefit. And this is always contagious to other investors and make offers that have a value of Bitcoin is very high.
newbie
Activity: 108
Merit: 0
June 23, 2018, 02:55:13 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


Because a lot of companies out there who have received payment with bitcoin. They are competing and working hard to keep customers going. In this case the price of bitcoin is increasing. Because something that many enthusiasts must be paid expensive.
member
Activity: 406
Merit: 37
June 23, 2018, 02:47:16 AM
Bitcoin is the first coin of all coins present in the crypto world, so investors prefer bitcoin rather than altcoin, both for short-term and long-term investments, thus making prices higher each year, while altcoin is widely used for short-term investments, which makes the price movement not too high.
newbie
Activity: 70
Merit: 0
June 23, 2018, 02:39:46 AM
i think the high price of bitcoin is affected by the number of bitcoin purchases and the sellers because now so many people are investing
newbie
Activity: 89
Merit: 0
June 23, 2018, 02:37:25 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

Because something valuable is so expensive, this bitcoin is very high-priced and can make rich too, and many are already hunting for bitcoin, the more days the bitcoin hunter increases. And most importantly because the number of bitcoins is limited.
newbie
Activity: 126
Merit: 0
June 23, 2018, 12:22:04 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

because its users are growing and growing all over the world, so the demand for bitcoin increases. And keeps the price constantly rising over time and it could continue to rise in the future, if the demand for bitcoin is still high.
newbie
Activity: 182
Merit: 0
June 23, 2018, 12:07:59 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


I think its expensive bitcoin price is currently no other because of the bitcoin users are getting more and more day, so from that which makes the bitcoin price is so expensive, because bitcoin increasingly in the public interest, as we know more and more enthusiasts of a coin then the coin to more expensive.

newbie
Activity: 84
Merit: 0
June 22, 2018, 02:16:16 AM
Because quantity of people that investing in crypto coins is increasing day by day. And even someone wants to buy an altcoin, he has to buy bitcoin first , so the price of bitcoin goes higher.
member
Activity: 350
Merit: 11
June 21, 2018, 12:35:46 PM
Bitcoin is the number one coin of cryptocurrency markets and it is pretty fair for the number one coin to have such a high value. Also the price is set based on the demand and supply and during the last bull rally the demand for Bitcoin was through the roof. Also the altcoin prices still being tied to the price of Bitcoin helps it.
full member
Activity: 420
Merit: 100
June 21, 2018, 12:04:12 PM
At some point many, many people started to have interest in cryptos. Btc was the first cryptocurrency ever and it got very popular, and because of that huge demand the price of btc went up a lot.
member
Activity: 434
Merit: 10
June 21, 2018, 09:19:17 AM
No, it's best for beginners to find a good community, or have professional friends around, otherwise don't invest in it easily. Technical analysis is professional, and beginners do not need to learn.
member
Activity: 134
Merit: 10
June 21, 2018, 08:25:38 AM
Since bitcoin was the first crypto currency, most people only heard about bitkoyne and about the altcoys, as a rule, nothing is known. Bitcoin is the most popular coin in the whole world compared to other altcoins,and also bitcoin has many investors that's why it keeps improving and got a higher price. In long time perspectives BTC is musthave in your portfolio.  Grin Grin Grin
member
Activity: 263
Merit: 12
June 21, 2018, 08:25:13 AM
Because every week new avenues for trading and speculation come online, providing a wider audience with even more ways to trade the asset, helping to boost its success, and also bitcoin is extremely secure, using dual-sided cryptography for each transaction, and there is also only a finite amount ever in existence which is anticipated to bring more investors towards the currency.
full member
Activity: 644
Merit: 101
June 21, 2018, 08:22:28 AM
If you think that the $ 6700 price is a lot? Then you just do not know anything about what bitcoin is and how much it will cost in the near future, because its price will definitely aspire to the Moon and we will never again be able to buy you 1 BTC
newbie
Activity: 224
Merit: 0
June 21, 2018, 08:18:01 AM
Bitcoin prices can be high because Bitcoin has attracted many of these years.
Many people are interested in Bitcoin while the amount of Bitcoin is limited.
This condition causes the price of Bitcoin to be expensive.
And because demand is always increasing, Bitcoin's price becomes more expensive and more expensive.
member
Activity: 434
Merit: 10
June 21, 2018, 08:05:05 AM
Do you think the price of Bitcoin is high now? I used to think that too, but now I think Bitcoin's price is not high, and I believe Bitcoin's price will become even higher in the next few years.
full member
Activity: 327
Merit: 100
Open and Transparent Science Powered By Blockchain
June 21, 2018, 08:03:33 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

I think it also can depend on the popularity and the wide spreading of Bitcoin, almost every person in the world is knowing about it, and so, from among other cryptocurrencies, this one is the most desired to have.
sr. member
Activity: 588
Merit: 250
June 21, 2018, 04:10:42 AM
Bitcoin's blockchain technology has accumulated a lot of trust in a last few years. It has proven to be reliable and safe. The more people believe in bitcoin, the higher will be its price.                                                                  
newbie
Activity: 71
Merit: 0
June 21, 2018, 03:05:48 AM
Bitcoin is the most valuable coin in the crypto market. They also have their own network. Therefore, the market is high. It gives more confidence. There are a lot of investors. Bitcoin will rise even more.

It seems there are more usage in the ETH, but the market cap is lower.
full member
Activity: 770
Merit: 100
Adoption Blockchain e-Commerce to World
June 21, 2018, 02:53:40 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
I will tell you about some reasons, the fact that the bitcoin was become the first crypto in the cryptocurrency's history. that means a lot of the demand gets centralized into the bitcoin.
The second caused by the fixed supply of the bitcoin. There are more adoptions to the bitcoin itself to pump the bitcoin's price.
with the increased support available in Bitcoin is very capable of making Bitcoin prices high enough and very reliable. so for the future Bitcoin will still be able to become a mainstay coin that provides a high enough value and an ever-increasing price. so it's great to have Bitcoin.
Indeed for the future bitcoin is still a reliable coin and of course the price is also very high,
for now I think it is very difficult for other coins to compete with bitcoin
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