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Topic: Why is the price of bitcoin so high - page 85. (Read 15563 times)

member
Activity: 238
Merit: 10
March 22, 2018, 02:48:54 AM
Price is high because of the in demand of the bitcoin. This is also a popular around the world that's why bitcoin has a lot of investors and that's the reason why sometimes bitcoin is high and sometimes falling down.
member
Activity: 230
Merit: 10
March 22, 2018, 02:45:50 AM
Bitcoin price is high because of the investors. We also don't know when is the time that it will become low and become high no one knows because it change every minutes.
member
Activity: 216
Merit: 10
March 22, 2018, 02:40:37 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 is the original one that's why it's the superior. The altcoins was followed by the bitcoin. And anytime the amount of bitcoin might go up or go down its just playing the value.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
March 22, 2018, 01:23:38 AM
Bitcoin was the first coin that made the breakthrough and raised itself in the crypto industry. The more people interested, the more people buy it and make the price higher.
practically everything is derived from bitcoin because bitcoin is crypto become popular and enthused many people
and it is not easy to be able to get such a high price because as good as any coin if the demand is only slightly the price will not be expensive and bitcoin can get through it all
newbie
Activity: 70
Merit: 0
March 22, 2018, 12:50:55 AM
Because bitcoin was the father of all cryptocurrency, it was the first time and survive for years, many people looking to invest in bitcoin rather than any else.
newbie
Activity: 196
Merit: 0
March 21, 2018, 09:24:55 PM
Most of them still know crypto currency only about bitcoin. Therefore, interest in bitcoin grew and became very significant when it began to grow dramatically in price. Price growth again increased demand for it and bitcoin began to continue to grow rapidly in price, until it reached its present size.
newbie
Activity: 52
Merit: 0
March 21, 2018, 09:09:27 PM
A lot of factors contributed to the rise of Bitcoin. And China undoubtedly has a important part in the play.The problems with the Chinese currency,has led to many people in China to prefer BTC. And many retail outlets in China began accepting BTC, and there has been an overall increase in the popularity in BTC in China.
full member
Activity: 321
Merit: 100
March 21, 2018, 08:37:20 PM
The price of bitcoin is so high because of market demand but no one knows when will be the price of btc gets higher or lower because it changes everyday or every month. Sometimes it goes lower and sometimes gets higher so we need the perfect timing for us to sell and earn high
member
Activity: 203
Merit: 10
March 21, 2018, 08:28:52 PM
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
full member
Activity: 338
Merit: 100
March 21, 2018, 08:24:27 PM
Bitcoin can be very expensive because the demand for bitcoin is very high, while the amount of bitcoin that currently has not circulated around three million bitcoin and that number is small. Bitcoin can also be called the father of coins because the first of its kind, this is the reason why bitcoin prices are very expensive.
newbie
Activity: 84
Merit: 0
March 21, 2018, 08:06:22 PM
Because there are many people needs bitcoin. WE need to know that bitcoin is a safe place to put money and because of that fact, the demand on having bitcoin is high enough for the people to spend their money on it. WEll, it is good though because all of us need to become rich with bitcoin

Yes you are right not only that it is better to put all your money on Bitcoin rather than storing it on the bank where all that banks manipulating all of us. But just make sure you have enough knowledge about cryptocurrency.
member
Activity: 224
Merit: 10
Streamity Decentralized cryptocurrency exchange
March 21, 2018, 06:31:34 PM
With respect to other cryptos or altcoins, bitcoin is the first one to be heavily used and tecognized that is why it has this pioneering thing to it that is why people trust bitcoin more than the other which means more demand for bitcoin.
member
Activity: 263
Merit: 10
March 21, 2018, 06:24:08 PM
Bitcoin was the first crypto currency people heard about. Most of them still know crypto currency only about bitcoin. Therefore, interest in bitcoin grew and became very significant when it began to grow dramatically in price. Price growth again increased demand for it and bitcoin began to continue to grow rapidly in price, until it reached its present size.
Investors and the new comers realize that already so the price is going to be expensive. If Bitcoin is not used as much then people could still be keeping it to stabilize the price.
I don't know about your investors but i only see a red color is covering all the market which is really annoying for every BTC investors or cryptos investors for sure.
And one more thing, stabilize the price is the worth ideal if that's your purpose when you invested in BTC.
sr. member
Activity: 448
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
March 21, 2018, 05:38:39 PM
Bitcoin was the first crypto currency people heard about. Most of them still know crypto currency only about bitcoin. Therefore, interest in bitcoin grew and became very significant when it began to grow dramatically in price. Price growth again increased demand for it and bitcoin began to continue to grow rapidly in price, until it reached its present size.
Investors and the new comers realize that already so the price is going to be expensive. If Bitcoin is not used as much then people could still be keeping it to stabilize the price.
full member
Activity: 1316
Merit: 108
March 21, 2018, 05:35:06 PM
Bitcoin was the first crypto currency people heard about. Most of them still know crypto currency only about bitcoin. Therefore, interest in bitcoin grew and became very significant when it began to grow dramatically in price. Price growth again increased demand for it and bitcoin began to continue to grow rapidly in price, until it reached its present size.
hero member
Activity: 1372
Merit: 564
March 21, 2018, 05:32:37 PM
Because there are many people needs bitcoin. WE need to know that bitcoin is a safe place to put money and because of that fact, the demand on having bitcoin is high enough for the people to spend their money on it. WEll, it is good though because all of us need to become rich with bitcoin
The main reason is because the increasing demand of people but limited supply of bitcoin so its price goes higher everytime. I think they need to higher the price of bitcoin to not consume all the left bitcoin, also bitcoin is not enough for a lot people who wants it that's why it so high. Also people wants it because it is much profitable once you have it.
sr. member
Activity: 619
Merit: 250
March 21, 2018, 05:13:38 PM
Because there are many people needs bitcoin. WE need to know that bitcoin is a safe place to put money and because of that fact, the demand on having bitcoin is high enough for the people to spend their money on it. WEll, it is good though because all of us need to become rich with bitcoin
member
Activity: 287
Merit: 10
March 21, 2018, 02:58:09 PM
The whole price depends on the community. Rarely good news which bitcoin is growing, the news is usually kick the weak players out of the game. The strong stay and know what to do. Bitcoin price is a psychological barrier of community
jr. member
Activity: 52
Merit: 1
March 21, 2018, 02:45:44 PM
I think you should be asking why BTC's price isn't higher. In comparison to last year December it's low?
newbie
Activity: 71
Merit: 0
March 21, 2018, 01:12:38 PM
Maybe my answer is not pragmatic but
BTC is the first one, it is an idea, passion, legend like Iphone
It is a price for this legend.

That is right. If you think the bitcoin price is too high, you can buy bitcoin cash instead.
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