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Topic: Why is the price of bitcoin so high - page 78. (Read 15562 times)

full member
Activity: 616
Merit: 100
April 04, 2018, 11:44:16 PM
The cost of bitcoin is quite understandable. This is the very first cryptocurrency around which a lot of attention. This cryptocurrency is invested the most, so bitcoin has the highest capitalization. And according to the rules of the market, the more demand, and more buy a coin, the more expensive it is in price. And in addition, bitcoin is more mined miners compared to other cryptocurrencies.
newbie
Activity: 210
Merit: 0
April 04, 2018, 11:34:15 PM
from my point of view, Bitcoin as a whole the crypto industry. Therefore all investments in it. And the fact that you can go through BTC. And with it becomes a new idea that is supported by everyone. They start to mine and buy and thus lead to High Question Questions. Do not wait anymore, and make the price go up, let bitcoin more famous and higher.
member
Activity: 420
Merit: 10
April 04, 2018, 10:10:38 PM
Not really actually, bitcoin could be replace when there is a coin who has better technology and widely known by peoples. Why bitcoin price so high because its the most wanted coin.
jr. member
Activity: 262
Merit: 2
April 04, 2018, 10:03:08 PM
bitcoin price is high compared to altcoin because bitcoin more investors compared to other altcoin.
full member
Activity: 490
Merit: 100
April 04, 2018, 09:57:05 PM
I think the price of bitcoin is very high because every year the bitcoin enthusiasts are getting more and the volume is also more so then it makes the bitcoin price too high.
member
Activity: 546
Merit: 15
April 04, 2018, 07:39:34 PM
Bitcoin is very expensive because it is the world's first cryptocurrency. This is a unique technology that has never been before. Therefore, Bitcoin costs so much.
full member
Activity: 314
Merit: 100
April 04, 2018, 06:42:24 PM
Right now we are about to go down so prepare to hold guys and buy even more if you have some cash to spare. I see this as a great opportunity to join and buy bitcoin or some alts or even invest into good ICO's.
member
Activity: 263
Merit: 10
April 04, 2018, 05:53:58 PM
true, if you are new, Bitcoin price is very expensive,
but if you are a person who knows bitcoin when the price is 17k USD
then today you should say that the price of Bitcoin is very cheap
It's high for people who are afraid of it , i never think Bitcoin is high at any moment at all because at that moment that price is presented for the valuation of Bitcoin.
So it means at that moment, Bitcoin is really valuable for users all over the world.
I would love to buy Bitcoin when i needed even it's at 25k$ also because i truely believe that Bitcoin is a currency.
member
Activity: 448
Merit: 17
April 04, 2018, 05:18:16 PM
true, if you are new, Bitcoin price is very expensive,
but if you are a person who knows bitcoin when the price is 17k USD
then today you should say that the price of Bitcoin is very cheap
full member
Activity: 476
Merit: 100
April 04, 2018, 05:14:17 PM
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
One obvious reasons is that it is the first digital coin. For almost 10 years of Bitcoin's existence, it has accumulated a huge market cap which is one factor of it's high price.

Other coins like Ethereum were created along the path which was paved by Bitcoin. Good thing about alts is that they gave competition among all coins which makes the market active. For me, more options, more chances for better profit.  Wink

Please see link below.
https://techcrunch.com/2017/12/08/why-is-bitcoins-price-so-high/
full member
Activity: 343
Merit: 100
April 04, 2018, 05:11:58 PM
The most important reason for Bitcoins price is the limited supply. Limited supply create higher demand. Higher demand brings the price up.
hero member
Activity: 2072
Merit: 542
DGbet.fun - Crypto Sportsbook
April 04, 2018, 05:08:46 PM
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
The price of bitcoin is volatile and it interacts with the news regarding cryptocurrency. As i observe right now if there is a negative news specially in the social media, we could expect a decrease in the price of bitcoin.
member
Activity: 315
Merit: 12
April 04, 2018, 05:02:10 PM
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 price high..
news is not actuel to this time)
BTC price alltime high because many people choise him for his transactions- it s a simple answer
jr. member
Activity: 1106
Merit: 1
April 04, 2018, 04:57:21 PM
Bitcoin price always going to high and high for its popularity. Online is always risk but when its the topic with bitcoin its 100% save and trusted.many currency are scam in last few years but bitcoin is alive and its alive with a very good future. It is the high secure digital currency in the whole world. Day by day bitcoin price going to high and high. This is the reason of bitcoin price going to high and high...😊
full member
Activity: 252
Merit: 100
Join The Blockchain Revolution In Logistics
April 04, 2018, 04:48:49 PM
I think it has to do with the fact that the supply is relatively low and more importantly, the entire crypto infrastructure is built with BTC and ETH at its core. To buy on exchanges, participate in ICOs and buy services, you'll need either ETH or BTC. So naturally these 2 coins dominate.
member
Activity: 602
Merit: 10
April 04, 2018, 04:30:03 PM
Bitcoin is the first crypto currency to appear in this world. That's why it's so expensive. Its price is a reflection of its uniqueness. It will always remain the most expensive currency.
member
Activity: 161
Merit: 10
April 04, 2018, 04:18:42 PM
Bitcoin is the first coin in the cryptocurrency and its has huge demand they have from their service.Bitcoin is the base of all altcoins in crypto market.
newbie
Activity: 190
Merit: 0
April 04, 2018, 04:15:03 PM
Yes bitcoin is the mother of all coin you can think of. Besides, it has become widely accepted for transactions at least to some extent, therefore the demand for it is on the rise which eventually shoot up the price (i.e the forces of demand and supply is responsible for the rise).
full member
Activity: 196
Merit: 101
April 04, 2018, 02:50:23 PM
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
Because it had a block chain technology and mostly people say its future is bright and it will give us a huge profit in future

&

it is the king of the crypto market  Smiley  
It's just that bitcoin was the first coin, that's why he has the greatest popularity. Absolutely everyone knows about bitcoin. In addition, the number of bitcoins is limited, and like any other limited resource, it is more valuable than others. That's why bitcoin has a high price.
newbie
Activity: 135
Merit: 0
April 04, 2018, 02:33:36 PM
the price of bitcoins is getting low everday by day,,compare to last year december when it clock 20k,,,but now it has dupreciate to 6000
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