Topic: Why is the price of bitcoin so high - page 50. (Read 15535 times)
I think, because bitcoin is the main cryptocurrency in the top of list. Nothing else.
To argue about real causes can endlessly. Time will put everything in its place. I think that Bitcoin, during its existence, has already reliably proven itself. Convenience, anonymity and speed of transactions are the main reasons why Bitcoin is expensive. And also Bitcoin is a virtual analog of gold.
Hi, its all about demand and offer. As soon as demand will be greater than offer Bitcoin price will be growing. It is not tied in yet to the real sector of the economy and is used at present mainly as a speculative instrument. But we can obtain and earn some money due to this fact!
I believe that bitcoin has a lot of investors and a lot of popularity, so bitcoin has such a high price.
bitcoin prices are now declining, but bitcoin prices are still stable, bitcoin prices will definitely be stable again, all we have to do is be patient
I think it's because BTC is the oldest coin in crypto . all BTC supply have divided among a lot of people with the time and most of them have small amount of BTC (except whales). so that high demand has given a huge price to BTC
I think it's no secret that there are people who are "greedy" all my life ... They are always small ... Such a character met me at the weekend in the bar. We decided to talk about bitcoin and its price
bitcoin continue to increase the price value in the marketcap, i think this is the proof bitcoin is in the highest strongest coins and have more demands in the market thats why bitcoin keep increasing.
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
Bitcoin price is so high now because He is the king of cryptocurrency and as you said bitcoin is the coin, the original one, Bitcoin is the most popular and famous coin in crypto world. I hope bitcoin will be more valuable in the future.
i also don't know how to explain why bitcoin price is so high and its value, even if it goes with many trials for bitcoin. Like now that there are issues about bitcoin that replace the new cryptocurrency in the bch.
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.
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
Because people nowadays realize its value and potential, though its high I think it is very much undervalued. Taking into account its limited supply I strongly believe that we all will witness $1kk per BTC before 2030. Only a small part of population know something about it, imagine what will happen when this phenomenon will be adopted more widely. 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
Bitcoin was initially used because it was accepted by many merchants and its usage caused its price to rise, but now it can reach such prices simply because of hype! We as investors should be aware of this!
dear friend, bitcoin is the first currency in cryptography and therefore a follower of other coins, so the rest of the cryptographic coins cannot cost more than bitcoin.
several coins cost more than bitcoin 42 is one such coin https://coinmarketcap.com/currencies/42-coin/or https://coinmarketcap.com/currencies/project-x/
this might be the most expensive right now https://coinmarketcap.com/currencies/bit20/
Quote
Why is the price of bitcoin so high
You have seen nothing yet
Friends, I don't think Bitcoin is very expensive. I think his price may be higher in the future. This is a very normal phenomenon. Bitcoin now represents the entire cryptocurrency.
Bitcoin's price is affected by activies in the crypto world, specifically the law of demand and supply. If bitcoin's price increases, that means that its demand during that time is high, and if it is low, there is probably a new fork etc.
There are thousands of coins and nobody knows them all. Some people know some coins. But everybody knows Bitcoin. This is the reason why Bitcoin has the biggest value - it has the biggest user base.
The high price of bitcoin is driven by the demand of the market. More and more people accept and use it. That's why the price is getting higher and higher.
If people aren't so crazy about bitcoin one day, its price will get lower and lower.
If people aren't so crazy about bitcoin one day, its price will get lower and lower.
Because of the extensive media publicity of bitcoin, many people have been aware of it. When prices started to rise, bitcoin attracted a lot of speculators. So it's driving demand for bitcoin
I can not explain why the bitcoin price these days is for a high price value even if it has a lot of trials for bitcoin now there is a problem about bitcoin replacing the new cryptocurrency bch.
But bitcoin continues to increase the price value in marketcap, I think this is proof bitcoin is the highest strongest coin and has more demand in the market that's why bitcoin keeps on increasing. And also bitcoin is becoming increasingly scarce now, so more demand than suply, it also leads to higher bitcoin prices.
But bitcoin continues to increase the price value in marketcap, I think this is proof bitcoin is the highest strongest coin and has more demand in the market that's why bitcoin keeps on increasing. And also bitcoin is becoming increasingly scarce now, so more demand than suply, it also leads to higher bitcoin prices.
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