Topic: Why is the price of bitcoin so high - page 75. (Read 15562 times)
The price of bitcoin is very high until now because it is very popular. Many investors demand for bitcoin and lots of transactions are now using bitcoin.
If I think it's because bitcoin is the first. This will be most of all crypto currency. however there are many who do a bit bitcoin.
I think because bitcoin is the most famous bitcoin all over the world and so many people wants to invest here.
If I think it's because bitcoin is the first. This will be most of all crypto currency. however there are many who do a bit bitcoin.
I think it's because bitcoin is incredibly cool and everyone wants to buy it haha.actually, I'm also incredibly interested in this question
Too many factors affect the price of the crypto currency. For example, the main value of all crypto-currencies are their unique properties
The simply reason for the fact that BTC price is high is so many people have demand for buying them , so enable the price to increase.
It happened historically. Bitcoin was the first coin, so he gained immense popularity. Even people who are very far from digital technologies know or have heard about bitcoin. That's why bitcoin is much more expensive than other coins.
Bitcoin is the first choice of everyone. Every new person who wants to enter in this digital or crypto currency world, first they hear about Bitcoin from market or from friend.
And when they come in this industry first they deals with Bitcoin because it is the base of all crypto currencies. And if you want to buy some other coin, you buy bitcoin first.
People have trust on Bitcoin because it is a legend with 8-9 years experience of up & downs. And you can not imagine crypto world without Bitcoin.
There are many places in world, where you can buy goods by Bitcoin.
It has very limited supply of 21 million coins and from them only around 17 million available in market.
So due to low supply and high demand the price of Bitcoin is very high.
And when they come in this industry first they deals with Bitcoin because it is the base of all crypto currencies. And if you want to buy some other coin, you buy bitcoin first.
People have trust on Bitcoin because it is a legend with 8-9 years experience of up & downs. And you can not imagine crypto world without Bitcoin.
There are many places in world, where you can buy goods by Bitcoin.
It has very limited supply of 21 million coins and from them only around 17 million available in market.
So due to low supply and high demand the price of Bitcoin is very high.
Bitcoin overall crypto industry, Therefore, all investments in it. And the fact that you can go through BTC. , and with it being a new idea supported by people, they begin to mine and buy, and thus lead to High Question Questions. Do not get it anymore, and make the price go up, which makes the more famous bitcoin higher
I think its growth is associated with the rise of the dollar. That is, capitalization unchanged, due to the growth of the international currency, bitcoin has increased in value.
Because of the law of supply and demand. Bitcoin's price was high in demand these past weeks causing it to pump. However, it dumped a few dollars maybe because of too much supply.
Because so many people started to trust in that and buying it without any understanding what is that and why do u need that , they just need that without any solution.
The price of all things in the world with little bulla and pouches is always high. At the same time, the easy trading done with BTC increases the likelihood of worrying about color and tension
In my point of view, I think that the price is high because of the everyone is bitcoin for quick profit and no one is buying bitcoin for its use purpose. Which makes BTC low supply and high demand.
If you are not a stupid person, then you understand that the price of 7,000 bitcoins is a paradise for investors, which many still do not see, as soon as the price of bitcoin starts to rise to $ 9000 I think that many will be very upset that the price of $ 7000 I did not arrange, I think that you still need to invest now, because then it will be exactly late.
the price may be high in use, but I think the price is low as a determinant in the crypto market
Bitcoin is the founder of the cryptocurrency, all coins depend on it, so this price!
Unfortunately, the bitcoin is more speculative currency than an outstanding technical solution of particularly high value. And unfortunately the whole crypto market is attached to the bitcoin.
It has a pioneering role. It is a top dog. But what really makes it so valuable is its enormous volatility. Especially for speculators. And they make the price.
Perhaps other cryptocurrencies will manage to break free from the influence of bitcoin.
It has a pioneering role. It is a top dog. But what really makes it so valuable is its enormous volatility. Especially for speculators. And they make the price.
Perhaps other cryptocurrencies will manage to break free from the influence of bitcoin.
I think bitcoin is the existing coin king, so the price is higher, the bitcoin is limited so when the amount is exhausted then the price will be very high as the demand for bitcoin increases but supplies a bit
bitcoin prices also affect altcoin prices, when bitcoin prices fall then altcoin prices will also fall
bitcoin prices also affect altcoin prices, when bitcoin prices fall then altcoin prices will also fall
I think Bitcoin is the most popular and its emission is limited, so its real price is much more than what we see now!
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