Topic: Why is the price of bitcoin so high - page 55. (Read 15562 times)
Its because of markets demand. People want to invest in bitcoin, because it is trusted and more efficiency to the other coins, so that there is many investors to it. And I think in the near future the bitcoin price will be more very expensive.
i think btc can we suppose as auction material, everybody offer high price in selling it, used to btc cheap, but the process lasted many years
It is due to demand. People have started using bitcoin which means that it is valuable so the price of the coin rises accordingly to that. Once a lot of people start buying into a single coin, that coin becomes very valuable which is what helps to increase the price of the coin. This is what happened to bitcoin
And it will go up. Because the demand is still not fully realized, in its full potential. I really expect the price of bitcoin to hit 100k in 3 years time - we may see another dip before that happens, though.
It is due to demand. People have started using bitcoin which means that it is valuable so the price of the coin rises accordingly to that. Once a lot of people start buying into a single coin, that coin becomes very valuable which is what helps to increase the price of the coin. This is what happened to bitcoin
this is the largest project on the cryptocurrency market. no coin can not be compared with bitcoin for any indicator. the wave of bitcoin purchases continues and until it stops the prices will be higher and higher
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
Basically, it is because of the Law of Supply and Demand. With greater demand, comes greater price and with lesser supply comes greater price. Since bitcoins have been in-demand for a couple of years now, it has grown in value in time. Bitcoins might even be the first cryptocurrency to reach a 6-digit value.
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
Yes, of course, the price of Bitcoin is very high. Because Bitcoin is the first crypto coin and has a lot of its enthusiasts. Moreover, the amount of Bitcoin is very limited but enthusiasts Bitcoin very much. This is one factor that causes the price of Bitcoin can be very high. In addition to good Bitcoin, Bitcoin also has proven promising. 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
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
Bitcoin prices are much higher. Because Bitcoin is a currency that helps in increasing prices of all the currencies. Tatsa Bitcoin is the digital currency. Tasha Bitcoin is regarded as the father of Coinmarketcap.com. On the other hand, we can do the work of Bitcoin. As a result, it is possible to change our livelihood. So Bitcoin needs so much. 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
Being Bitcoin is the first coin of crypto world and other coins follow and it is also acceptable in some countries. Therefore, the Bitcoin price is so high.
agree
and high or not high is relative. 9000 USD for BTC may sound a lot. but may be cheaper than 0.01 USD for a shitcoin
It has been 9 years since BTC appeared in 2009. In the process, its price has been ups and downs. Over the past nine years, more and more countries and peoples in the world have come into contact with and understand it. Only a few people believed at the beginning, but the number of its supporters has increased by tens of millions. Because of BTC, many people have "beliefs." It has reached the altar. This is the greatest discovery since the 20th century.
Being Bitcoin is the first coin of crypto world and other coins follow and it is also acceptable in some countries. Therefore, the Bitcoin price is so high.
I think this is the belief that the value of BTC will be higher. Because the Central Bank squeezed citizens by relaxing funds. This is very unsatisfactory. What we need is a currency that is not manipulated. Cryptocurrency is really good for all of this. It is also a millionaire who brings money to get rid of the supervision of this country. Known as money laundering.
I think it has something to do with bitcoin being the first currency created in a virtual platform and how it has gained a multitude of investors and buyers altogether. When it was first introduced, bitcoin generated a lot of hype among the public and has continuously increased its demand ever since. Considering that it was the first cryptocurrency, it has caught the attention of potential buyers and investors seemingly curious and interested on the said currency.. well that is just my speculation on the topic
Cryptocurrencies are traded on exchanges. And exchanges are markets, there are sellers and there are buyers. When the market sells a lot of goods, the price falls. Converselly, when demand is greater, the price increases. That's the answer.
Yes, a big reason is that he laid the foundation of the encrypted world. There are too many people in support.
Cryptocurrencies are traded on exchanges. And exchanges are markets, there are sellers and there are buyers. When the market sells a lot of goods, the price falls. Converselly, when demand is greater, the price increases. That's the answer.
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
as far as I know the price of bitcoin can be high, maybe because bitcoin has a good future, many people believe in bitcoin development and keep their assets in bitcoin so that the benefits can be more. even bitcoin has a clear concept and large volume. bitcoin itself is a coin that first appeared in the digital world and has a remarkable history. so do not be surprised if the bitcoin price is higher than other altcoin. maybe that's my opinion. 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 core value of Bitcoin is the “first success” of generating an irreversible and irreversible database on the P2P network. Based on this database, features such as domain name registration and securities trading have been developed. When it is needed by people, it will have high value!
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
no problem with your question, but you can see and read bitcoin history from the beginning. because the first time a transaction occurs for a real object, bitcoin is very cheap. 2 pizza pans = 10.000Btc ($ 25), this gives you an explanation that bitcoin is not always expensive. because bitcoin has a history and a long journey. what about altcoin. they are the branches of bitcoin growth. until paired with bitcoin. and the price is below the bitcoin. 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
Based on my research and to what i red Bitcoin raise higher when there's a lot investment in Bitcoin. It's like the greater the demand, the higher thr value
Bitcoin is first and foremost a means of accumulation. I can also quote Durov that the appearance of bitcoin — " a chance to exit the global financial system from the us dollar hegemony"
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