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Topic: Why is the price of bitcoin so high - page 86. (Read 15536 times)

newbie
Activity: 229
Merit: 0
March 21, 2018, 04:30:36 AM
The reason why the price keeps getting higher is simple.Bitcoin demand will increase so that Bitcoin price will be very high and it's really incredible progress do by Bitcoin for the potential massive gains and many bigger players millionaires,,But is this a bubble?
Many are disappointed in the moves, believing the rise is happening because of market manipulation. But we must remember that the real value of a cryptocurrency is not driven by price but instead is driven by utility
we must to understand what drives bitcoin price and, in particular, this boom.The common understanding for current growth leads us back to institutional investors preparing for the forthcoming BTC futures exchanges.
member
Activity: 448
Merit: 10
A Blockchain Mobile Operator With Token Rewards
March 21, 2018, 03:27:14 AM
Hello,

I'm new in crypto and have a question (a stupid one)... I never really gave it much thought 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 price is very different from other coins. Bitcoin's price puts itself at its highest and so far no one can rival the price of Bitcoin. Bitcoin is the most special and the best. Because almost everyone who knows Bitcoin, they strongly believe that Bitcoin is the most promising coin for the future. Although the price again down but I'm sure Bitcoin still trusted.
newbie
Activity: 56
Merit: 0
March 21, 2018, 03:21:02 AM
I also think that bitcoin will grow very much in value. A significant amount of unpleasant news is left behind and investors are back. Now, on this wave, growth should begin
Thank you for your opinion. Do you think BTC is worth investing today??
sr. member
Activity: 353
Merit: 250
Zichain
March 21, 2018, 02:23:35 AM
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.
newbie
Activity: 168
Merit: 0
March 21, 2018, 02:23:11 AM
The main reason the price of the bitcoin is too high because of the reason that this is being acceptable in almost all markets and stands as means of payments that is being accepted by almost all ICO. If the coin has a high demand then the price will definitely increase this goes the same with some altcoins that has a high value, a simple rule of supply and demand. Also this coins is known worldwide even for the people who do not know the crypto world.
full member
Activity: 701
Merit: 136
XAYA - THE ULTIMATE BLOCKCHAIN GAMING PLATFORM
March 21, 2018, 02:20:09 AM
The bitcoin price was last year so high, because it was really hyped from the mainstream media, and so many people want to buy some bitcoins. So there was more people who want to buy one then who want to sell, and thats why the price hits so high. You see the price dumped very fast, after the guy from mtgox exchange sold 35thousand bitcoins. When this happen, there was more bitcoins to sell then people want to buy so the price falls down. Bitcoin price depends on supply and demand!
member
Activity: 322
Merit: 10
March 21, 2018, 02:16:44 AM
The price is not so high as we think. BTC market is down right away!
jr. member
Activity: 210
Merit: 1
March 21, 2018, 02:12:35 AM
Because bitcoin has a high price value and continues to increase the value of marketcap prices as well as community support for very high bitcoin and the amount of demand in the market against bitcoin.
newbie
Activity: 196
Merit: 0
March 21, 2018, 01:51:10 AM
The btc crypto is the world of money. btc is at the base of all subcodes. BTC is the most demanding coin. BTC prices are high due to these reasons.
newbie
Activity: 42
Merit: 0
March 21, 2018, 01:51:02 AM
Bitcoin as the first crypto that always prioritizes service, so that investors no doubt to invest.and fans always increase.
newbie
Activity: 98
Merit: 0
March 21, 2018, 01:48:13 AM
I think because of the supply and demand who control the price many investors are in bitcoin so thats why the price of it was so very high compare in the altcoin.
newbie
Activity: 36
Merit: 0
March 21, 2018, 01:47:38 AM
because now btc trading goodly
newbie
Activity: 17
Merit: 0
March 21, 2018, 01:46:39 AM

Significant price movement bitcoin can be caused mainly by market sentiment and relevant market information.
newbie
Activity: 98
Merit: 0
March 21, 2018, 01:30:50 AM
The company of bitcoin always focus in the demand of the consumers and they know how to value them so many investors are loyal and trusted about their services.
newbie
Activity: 266
Merit: 0
March 21, 2018, 01:21:33 AM

the king of this market btc. The world of cryptographic currencies is full of opportunities. all deals are still connected to btc. You can get subcode via btc. so important btc
sr. member
Activity: 378
Merit: 250
March 21, 2018, 01:18:14 AM
No real or fake coins, all coin prices depend on demand and supply of coins. Incidentally Bitcoin is the first coin so many people who entrust to Bitcoin.
newbie
Activity: 18
Merit: 0
March 21, 2018, 01:15:53 AM
The main demand for bitcoin is made mainly by those who see it as a source of easy profit. However, how fast will it take off, so fast will be its fall.
newbie
Activity: 76
Merit: 0
March 21, 2018, 01:15:22 AM
People buy in large quantities push the price of BTC high
newbie
Activity: 84
Merit: 0
March 21, 2018, 01:13:46 AM
People see the potential and value of it leading to high BTC prices
newbie
Activity: 19
Merit: 0
March 21, 2018, 01:08:32 AM

Bitcoin assumed the role historically assumed by gold for those people who do not trust central banks, governments and fiat currencies.
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