The reason why the bitcoin is so high is because of the high demand it haves.
The massive support of the public gives the company more investments that they can used in their operate resulting to a high market value.
Topic: Why is the price of bitcoin so high - page 51. (Read 15562 times)
Maybe it is because bitcoin is the first Cryptocurrency in the world and altcoin just the other crypto that appears after bitcoin.
So for now, bitcoin is so popular and many investor used bitcoin. That’s why bitcoin price is so high rather than altcoin
So for now, bitcoin is so popular and many investor used bitcoin. That’s why bitcoin price is so high rather than altcoin
Probably because it was the first coin from crypto currency - the pioneer, that's why there is such a price!
As we know that the value of Bitcoin is very volatile. Fluctuating Bitcoin prices are influenced by market demand where when more purchases occur then the price of Bitcoin will soar, vice versa. The cause of Bitcoin price is higher because every year Bitcoin users are increasing.
What I am getting from some sources, that bitcoin prices continue to soar because the level of confidence bitcoin as an investment alternative is very high, so the demand for bitcoin is very high. The more demand for bitcoin results in bitcoin becoming scarce and the price will rise automatically.
Many things that affect the increase in bitcoin prices one of them because of the increasing number of enthusiasts or users of bitcoin and also the number of people who invest in bitcoin, this making the bitcoin prices higher. When viewed, this bitcoin can be in like gems , many people are interested then it will be more valuable and the higher the price.
The very first coin with which it all began. The number of coins is limited and it increases its value.
indeed yesterday bitcoin exceeded the price limit, and this time bitcoin down almost 50% throughout the year,
maybe the price will go back, if there are many offers
It's because he appeared first. Perhaps those who created it, or those who go in by drawing in its growth - specifically in this way affect its price.
I think Btc first appears can not be prioritized the reason the price can be high. If from my view, the magnitude of market demand, and the amount of investor interest in BTC, can be used as the reason the price is higher. Moreover, BTC only limited about 21 million BTC.
The very first coin with which it all began. The number of coins is limited and it increases its value.
If I think why bitcoin prices are increasing from year to year in because one of the reasons is, because bitcoin is more and more demand that is accompanied by the development of this bitcoin itself is growing rapidly, and bitcoin users always increase in every country in the world.
It is so high now, one of the reasons can be caused by demand. Bitcoin on all social networks. Almost all speak about the huge profit in bitcoin, and suddenly almost all people want to have BTC on the purse. Another - BTC widely used in trade in altcoins.
I do not think that the price is high, it can be even greater. How to determine how much bitcoin should cost? If it is bought for such a price, then it is normal.
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
In my opinion the reason why the price of bitcoin is so high because bitcoin is more popular than others.
Bitcoin prices are getting higher nowadays, as market purchases of bitcoin outweigh sales. Especially with the entry of many large investors who dare to buy a high price, would also impact the increase in bitcoin prices and coupled with the limited number of bitcoin.
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
The price of bitcoins today is very due to the demand in the market and as a trader, i can use the volatility of the market in order to earn more profit in the future, that is the reason why every traders are earning a huge amount of profit.
I believe because bitcoin is widely distributed around the world and many people invest their capital only in bitcoin.
I think due to its high demand and low volume scattered throughout the whole world is the one reason that makes bitcoin price so high compared to other cryptocurrencies. And for being a leader in cryptoworld in terms of its popularity and benefits that some of the big whales greatly believing it.
There was a time when bitcoin was good in price, but now that it lost its price due to massive sales!
It's because he appeared first. Perhaps those who created it, or those who go in by drawing in its growth - specifically in this way affect its price.
Because it is very popular now. Everybody wants to become millionaire for a few years. But I think that bitcoin will not grow much anymore.
The price of bitcoin is so high because bitcoin is the most powerful decentralize crypto currency. This is the king of all crypto currency why people prefer to buy bitcoin . People accepts bitcoin in many country wherein some people are not aware in altcoin.The price of bitcoin is so high because this is the first crypto currency. It's price are so high because of it's demand that caused of fixed supply.
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