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Topic: Why is the price of bitcoin so high - page 76. (Read 15562 times)

member
Activity: 123
Merit: 14
April 12, 2018, 09:16:17 AM
because approximately about 40 percent of the market is exclusively Bitcoin, well, and practically half the market is holding on to it so it has such a high price!
member
Activity: 247
Merit: 10
April 12, 2018, 09:08:25 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
Yes, because bitcoin is a very exciting development, it is the first cryptocurrency, and I think over the next decade it will grow to become one of the most important ways to pay for things and transfer assets. Bitcoin is the beginning of something great.
full member
Activity: 266
Merit: 100
Platform for Investing in Cryptocurrency and ICOs
April 12, 2018, 09:08:13 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
Bitcoin's price is too high because of the demand it has. People are liking and buying bitcoin too much that is why the price is being sky high.
newbie
Activity: 140
Merit: 0
April 12, 2018, 09:07:29 AM
Bitcoin is the first one, so is it prevalent. I beleive that altcoins are devotees of bitcoin and ought to be put after bitcoin. At the point when a man recently gets included to digital currency, he should know the bitcoin first keeping in mind the end goal to comprehend crypto world  Smiley
full member
Activity: 336
Merit: 100
April 12, 2018, 09:01:30 AM
I think the price grows because more and more people learn about him, than more buy, the price will be that Vichy in the future, I won't be surprised if he this year reaches 40 thousand dollars.
newbie
Activity: 210
Merit: 0
April 12, 2018, 08:47:08 AM
Eto really a crypto currency, everyone started with bitcoin and then rushed, maybe somewhere in the great future and it will be overtaken but this will not be very soon!
member
Activity: 280
Merit: 11
April 12, 2018, 08:46:50 AM
Bitcoin prices on the time this treed was posted was really going high and even goes up on the market to 11,000$/BTC this ist quarter of the year. But, sad to know that the issues on Regulation,Scammer,Banned reflect on the BTC prices today.
full member
Activity: 195
Merit: 100
April 12, 2018, 08:36:57 AM
The price of bitcoin has been artificially inflated and at the moment it is being corrected and there will be a stable long-term price without big jumps and drops !
hero member
Activity: 1092
Merit: 504
★Bitvest.io★ Play Plinko or Invest!
April 12, 2018, 06:39:38 AM
These days I heard different narrative - that bitcoin price is low and approaches its mining costs average. 
newbie
Activity: 144
Merit: 0
April 12, 2018, 06:35:31 AM
Most likely on bitcoin big ask and a lot of it is being active and projects from this and the price is high, but this is purely my opinion
newbie
Activity: 229
Merit: 0
April 12, 2018, 06:23:46 AM
Because of market demand,, thats why the price of bitcoin become higher and many people think that this is a great opportunity to invest because bitcoin is the first stronger cryptocurrency..and riches people interested in bitcoin they support until now the price of bitcoin is still rising..the investors also trusted bitcoins thats why the value is totally increasing..
newbie
Activity: 49
Merit: 0
April 12, 2018, 05:43:37 AM
Perceive Palue of Bitcoin Fluctuates
One of the reasons why bitcoin fluctuates against fiat currencies is the value of perceived palue versus fiat currency. This, making bitcoin has properties that make it similar to gold.
member
Activity: 188
Merit: 11
April 12, 2018, 05:26:12 AM
I donot even know how much you can talk about the price - but now I see -12% and the price is still going down, so prepare your money - soon it will be time to buy bitcoin. This time, he can find his bottom for the last time this year and from this level will go up until the end of the year there will be a smeared upward trend. I believe in the price of 30-35k for bitcoin by the end of the year.
newbie
Activity: 168
Merit: 0
April 12, 2018, 01:42:13 AM
A figure in the virtual world is moving faster than we can see by valuing a symbol. Bitcoin advertising was done on many television screens on all the markets.
sr. member
Activity: 843
Merit: 255
8V Global | 8v.com
April 11, 2018, 04:18:46 AM
What should be the price of bitcoin so that it can be called high? On what parameters to build on to understand its "fair" price and hence the deviation in some direction. But if there are simply abstract figures in it and there is no economic logic behind them that can be traced in the course of time and build their forecasts on it - then all this is pure profanity and it makes no sense to climb into it) Philosophical question turned out) Shocked
newbie
Activity: 70
Merit: 0
April 10, 2018, 07:22:39 AM
in my opinion because the bitcoin enthusiasts more and more.
investors are increasingly investing bitcoin over other coins.
and they believe that bitcoin will be more expensive. and they will get to the advantage of it.
sr. member
Activity: 518
Merit: 257
April 09, 2018, 05:25:41 AM
The price of all the currencies is determined by its demand and supply. As the Bitcoin was the first digital currency, its demand was high which made it expensive. Although now days the price is falling, it will again rise when the people will become more aware regarding its usages. Also, the total supply of Bitcoin is limited to 21 million which further adds to its price.
sr. member
Activity: 476
Merit: 256
April 09, 2018, 02:57:34 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

BTC is like a diamond and carries a unique block chain technology that's why it's much superior than all other Altcoin.BTC is the king of all crypto and when the price of BTC increase price of Altcoin increase and vise versa.
full member
Activity: 658
Merit: 100
April 09, 2018, 02:28:02 AM
Bitcoin is the first cryptocurrency and for many reasons,  people place high premium in the value of bitcoin compare to Altcoin. Bitcoin has been tested and proven to be fully decentralized.  Decentralisation is one of the pillar of cryptocurrency.
copper member
Activity: 252
Merit: 0
April 09, 2018, 02:25:32 AM
Bitcoin is the First Virtual Cypto Currency that is very Popular among Investors. Many new people are starting to see the Potential of bitcoin as a Promising Investment Place, So They invest in Bitcoin they buy a lot of bitcoin for them to save as An investment.
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