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Topic: Why is the price of bitcoin so high - page 81. (Read 15535 times)

newbie
Activity: 85
Merit: 0
March 26, 2018, 08:57:22 AM
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.
newbie
Activity: 114
Merit: 0
March 26, 2018, 08:46:37 AM
There is a daily high day low.At the same time, bitcoin is our life because many people who it uses it .So we do not want to change yet. Let's take a bitcoin
member
Activity: 476
Merit: 10
March 26, 2018, 08:36:44 AM
Bitcoin is one of the best digital cripto currency of online Market place. It's use just online market place. Bitcoin price is so high because, most of the are using Bitcoin. Day by day its user are increasing.. moreover lot of website, and shop accepting Bitcoin. Bitcoin transaction is easy and safety. Bitcoin is nominated worldwide and accepted most of the place. People are aware of Bitcoin. So Bitcoin price so high. I think Bitcoin is future of gold.
member
Activity: 182
Merit: 10
Blockchain Just Entered The Real World
March 26, 2018, 08:16:17 AM
According the recent changes in the market, I would have asked differently. Why did Bitcoin fall in price so? I think that because people just switched to other coins.
If people switched to other coins, then during the price drop of bitcoin, we would see a rise in prices for other altcoins. Have you observed such a picture on a coinmarketcap? I did not observe.
member
Activity: 224
Merit: 12
March 25, 2018, 07:41:34 PM
For bitcoin is the stem of all the coin so natural if the price of her expensive, and it would be very difficult for other altcoin her to go beyond the price bitcoin.
hero member
Activity: 756
Merit: 541
March 25, 2018, 04:51:14 PM
Hi;

Surely one day bitcoin will start to be used by everyone and when that day comes,the price of bitcoin will be much higher than it is now.

Kind regards
legendary
Activity: 966
Merit: 1000
March 25, 2018, 04:42:57 PM
Headlines online publications shout: "Bitcoin breaks to the level of 12k dollars!", "The second ascent of bitcoin!", "What is this? A new bubble?" - In my opinion it has long been obvious that this is not a bubble, but the normal behavior of the market in certain circumstances and a number of fundamental factors, primarily through the news background of the mainstream media, affect the market in the first place.
member
Activity: 140
Merit: 10
Blockchain Identity Verification
March 25, 2018, 03:05:57 PM
I may not have fully figured out the bitcoin, but I know for sure that one of the reasons for this bitcoin price is that it was the first or one of the first. Then there were other coins, but it was bitcoin that reached us.
hero member
Activity: 1134
Merit: 517
March 25, 2018, 02:43:59 PM
I don't trust in Bitcoin.
That's rather unfortunate, but why are you still hanging out here - this is a Bitcoin discussion forum and you may want to know that whatever altcoin you may have there, owes their existence to Bitcoin.

Bitcoin as the flagship cryptocurrency has almost 10 years of experience behind it,  it parades the largest community and reach, it is the most capitalized and most traded,  why would its price be any less?
Quote
The price of Bitcoin could also drop to nothing if nobody is going to put it to use.
The popularity of Bitcoin remains on the increase  and so is the usage. Interestingly transaction fees and confirmation time are back to being impressive, so I don't see how the price of Bitcoin would drop to nothing.
newbie
Activity: 115
Merit: 0
March 25, 2018, 02:41:45 PM
Law of supply and demand:
The higher the supply with lower demand, price increases.
The higher the demand with lower supply, price increases.  Grin
full member
Activity: 490
Merit: 100
March 25, 2018, 02:39:54 PM
According the recent changes in the market, I would have asked differently. Why did Bitcoin fall in price so? I think that because people just switched to other coins.

NO, I don't think so. If that was so why are the prices of other coins failing as well. Bitcoin had enormous run in December and now is coming down to earth.
member
Activity: 315
Merit: 12
March 25, 2018, 02:38:52 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 answer- because he is a uses by manys holders and this crypto is eqivalent of real money like a Dollar or Euro
member
Activity: 183
Merit: 12
ImmVRse | Disrupting the VR industry
March 25, 2018, 02:35:29 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

Hello, if you know, the price of different stock depends of how much is the company cost and how many stocks exist. If investors think that company more valuable they buy stocks so company price is increase, if no company stocks have the same price or fall down. Bitcoin had a popularity among investors accordingly its price beat all new and new records. Everything depends on investors, if they see the growth potential, then the asset starts to grow and the price can be any
full member
Activity: 374
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
March 25, 2018, 02:35:24 PM
There is a long term hype on bitcoin and everybody knows and trust this coin. That makes the demand and price higher.
jr. member
Activity: 182
Merit: 2
March 25, 2018, 02:33:59 PM
Because it is the original one that's why it is superior. Other cryptoccurency are produced because of the idea of bitcoin. Bitcoin also is the most popular coin around the world. Supply does not change but the demand increase.
full member
Activity: 280
Merit: 101
March 25, 2018, 02:27:51 PM
Because bitcoin is the first cryptocurrency. When people come into crypto they first invested in bitcoin because they think it is more reliable.
full member
Activity: 462
Merit: 100
Viarium.io - DECENTRALIZED VR WORLD
March 25, 2018, 02:23:45 PM
According the recent changes in the market, I would have asked differently. Why did Bitcoin fall in price so? I think that because people just switched to other coins.
full member
Activity: 266
Merit: 100
Partner of UBER GRAB GOCAR
March 25, 2018, 02:06:20 PM
bitcoin is dominance of crypto so its natural and bitcoin create crypto world its used long time. everybody trusth bitcoin it should keep place next 5 years.
I don't trust in Bitcoin.
The price of Bitcoin could also drop to nothing if nobody is going to put it to use.
member
Activity: 233
Merit: 10
March 25, 2018, 02:00:38 PM
bitcoin is dominance of crypto so its natural and bitcoin create crypto world its used long time. everybody trusth bitcoin it should keep place next 5 years.
member
Activity: 294
Merit: 11
Blockchain with solar energy
March 25, 2018, 01:56:29 PM
your question just like a man live a decade ago go to the future and ask why price of gold are so high...

btc price high because it's the first cryptocurrency. a symbol for a revolution. and the quantity are limited. but the demand is rising everyday.
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