Bitcoin Forum

Economy => Speculation => Topic started by: richfund_Pe on December 08, 2017, 02:06:29 PM



Title: Why is bitcoin price so high?
Post by: richfund_Pe on December 08, 2017, 02:06:29 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?


Title: Re: Why is bitcoin price so high?
Post by: Epimetheus on December 08, 2017, 02:33:10 PM
The price of bitcoin is so high because the bitcoin become the number one cryptocurrency in all over the country and people know about bitcoin in all over the world  and more people attracted towards the bitcoin in daily life because by seeing the price of bitcoin very high rate and it countinously increasing rapidly . So people attract towards the bitcoin is more to earn the more money in less time which help them to become rich .


Title: Re: Why is bitcoin price so high?
Post by: btcjocan on December 08, 2017, 02:43:55 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?


The bitcoin price is so high because the number of investors multiplied and the higher the demand, the higher the price. Investors are attracted to the number cryptocurrency which is bitcoin because the bitcoin users are also increasing especially when bitcoin was featured through the first bitcoin billionaires which is the Russian twins.


Title: Re: Why is bitcoin price so high?
Post by: Kiki Rusma on December 08, 2017, 02:47:13 PM
if we invest a small amount of our money, of course, will earn a little profit, the investors who many money will invest a lot to get a big profit, given the price of always rising bitcoin uncontrolled.


Title: Re: Why is bitcoin price so high?
Post by: Kambal2000 on December 08, 2017, 02:48:48 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?


The bitcoin price is so high because the number of investors multiplied and the higher the demand, the higher the price. Investors are attracted to the number cryptocurrency which is bitcoin because the bitcoin users are also increasing especially when bitcoin was featured through the first bitcoin billionaires which is the Russian twins.
Bitcoin is also the number one cryptocurrency because of its ability and potential to change the life of many individuals, as we can see we have a strong foundation and blockchain for this, as well as a lot of popular businessman has devoted their time and money here, it means that they trust bitcoin a lot so why not do the same.


Title: Re: Why is bitcoin price so high?
Post by: Dudeperfect on December 08, 2017, 02:52:13 PM
It is an open secret that the price is a result of the investment from the institutional investors and it is still unclear that why big whales are pushing the price and pouring the capital day by day. I do see a correction soon and it will be a good incident considering the long-term growth of Bitcoin. This is not a bubble but yes, institutional investors can manipulate the price at this level and short-term growth depends on their moves.


Title: Re: Why is bitcoin price so high?
Post by: Zubayer on December 08, 2017, 02:54:41 PM
Bitcoin is the best crypto currency in the world and so people buy bitcoin and after some days they sell it. Nowadays people know that bitcoin price always increasing and someone hold and someone sell their bitcoin. Bitcoin has that power to make her own strong. Bitcoin is always better crypto and then bitcoin price going high.


Title: Re: Why is bitcoin price so high?
Post by: lamjed on December 08, 2017, 02:57:17 PM
People in general and investor precisely are buying a lot quantities of bitcoin wich makes the price very high.. wr can confirm that bitcoin become very popular.


Title: Re: Why is bitcoin price so high?
Post by: Olalomi on December 08, 2017, 03:02:39 PM
The sudden rise in the price of bitcoin is due to the fact that major investors pump in funds and invariably pushed up the price.


Title: Re: Why is bitcoin price so high?
Post by: mobnepal on December 08, 2017, 03:04:32 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
Gains looks real and current surge is fueled by high expectation so a huge correction is around the corner but hard to predict the exact peak point. Price is pumping like never before with over 15x increase in just matter of 10 months.

Bitcoin is real, current price is real, surge is real but question like will this price be stable can't be answered right now.  ;)


Title: Re: Why is bitcoin price so high?
Post by: Sowik on December 08, 2017, 03:11:31 PM
Is new investors the only reason why BTC is on a bull run? Like... huge bull run. Or is it connected to some new fork once again?


Title: Re: Why is bitcoin price so high?
Post by: Kprawn on December 08, 2017, 03:11:55 PM
As real as it can get.  ;) .... Bitcoin has been the best performing currency/commodity for two years in a row.. and the big

boys has only now recognised it. We are seeing institutional capital coming to Bitcoin in the form of Bitcoin futures and this

has lead to massive investments and interest in the technology.  ;)


Title: Re: Why is bitcoin price so high?
Post by: rodel caling on December 08, 2017, 03:12:51 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

i don't know what i say my feeling today for bitcoin the price increase is unbelievable, i'm because of high value increase but i'm scary what is the result of this continue increasing of bitcoin sooner if have correction. but i'm not panicking i'm just curious.


Title: Re: Why is bitcoin price so high?
Post by: pukwengkweng on December 08, 2017, 03:15:44 PM
Bitcoin price were not consistent sometimes it goes high or low it depends on time, currency and others. when some investors are buying a lots the price of bitcoin goes higher when the bitcoin goes higher, there was a chance that bitcoin will become popular.


Title: Re: Why is bitcoin price so high?
Post by: marc_a on December 08, 2017, 03:16:00 PM
Because cryptocurricies are becoming mainstream. Accepted by more and more companies. There will be a future amrket soon. And Bitcoin is the best known cryptocurrecy at the momenet. And not so many around.
besides that moste people first buy a BTC before trading it into alts. Meaning BTC is used as sort of oiil in the cryptomachine.


Title: Re: Why is bitcoin price so high?
Post by: Jendral Istimewa on December 08, 2017, 03:17:31 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
which I know, bitcoin gives the actual results so no doubt the results so far. bitcoin gives a real advantage and it's no wonder the bitcoin is getting more famous and more glorious.


Title: Re: Why is bitcoin price so high?
Post by: Kez1817 on December 08, 2017, 03:32:07 PM
      The bitcoin price is so high because of the law of supply and demand.The greater demand,the higher price and we all know that becoin is in demand because it is the famous online cryptocurrency as of now.


Title: Re: Why is bitcoin price so high?
Post by: Hasan_MSH on December 08, 2017, 03:47:39 PM
Bitcoin is the most familiar coin all over cryptocurrency market. Most of the people are interested on bitcoin. Moreover, bitcoin use to convert into many coin trading in market. For those reason, bitcoin has a powerful demand in market and depend on this demand bitcoin price is so high.


Title: Re: Why is bitcoin price so high?
Post by: Xester on December 08, 2017, 03:52:08 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

I read about that it seems a bubble that it will eventually would pop up.  Bitcoin price rises because of there are many investors.  They see that bitcoin is a good investment and that they can have more profit.  Likewise bitcoin is legit amd trusted by many people.


Title: Re: Why is bitcoin price so high?
Post by: DrGuns4Hands on December 08, 2017, 03:56:05 PM
because bitcoin is the top 1 in the terms of cryptocurrency but the real deal here is the demand of bitcoin to us and the investment of us to the bitcoin. As long as bitcoin is in demand and many people are investing the price is going to increase and so on...


Title: Re: Why is bitcoin price so high?
Post by: gigatux on December 08, 2017, 03:56:12 PM
The reason why bitcoin is gaining it's income or profit it's because it is getting a massive amount of attention and population. many big companies are joining because they finally recognized that bitcoin is getting popularity to users. Bitcoin is getting higher profit because of the increase of members ( users or investors). and because of that, the bitcoin community became the most popular cryptocurrency.


Title: Re: Why is bitcoin price so high?
Post by: Domenc on December 08, 2017, 03:59:12 PM
Bitcoin price is really skyrocketing, and there are various reasons for that but which are true and which not is highly difficult to answer. Bitcoin price is based upon the fundamental principle of buying and selling and the rising price surely indicates that rising demand across the globe. But it is highly doubted that the surge in price real or pumped with some intentions. If it continues to rise like this the situation of bubble bursting is increasing drastically. 


Title: Re: Why is bitcoin price so high?
Post by: wenjun123 on December 08, 2017, 04:24:42 PM
But what a bubble it is. This guys futures interest went strong, they are already the day after tomorrow, that's all and are prepared, bought by bitcoins + tether little speculates.


Title: Re: Why is bitcoin price so high?
Post by: chanchenjhun on December 08, 2017, 04:38:48 PM
For me this price is high because of the continuing bitcoin volume and the continuing increase in the number of investors will continue to increase prices.
How they will increase the price if the bitcoiner downhill is down to you if your business is so high that you really need to be as much as you need.
That is why there is a chance of lowering the price because maybe the bitcoiner will decrease and its price increases when there is added.


Title: Re: Why is bitcoin price so high?
Post by: joshcmk88 on December 09, 2017, 04:33:21 AM
how about ETH?


Title: Re: Why is bitcoin price so high?
Post by: 100action on December 09, 2017, 04:35:27 AM
Its driven by speculation, the growth has created alot of FOMO.

+

First mover and most well known crypto.


Title: Re: Why is bitcoin price so high?
Post by: Baby Dragon on December 09, 2017, 04:38:15 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
One of the reason why bitcoin become so high on market is the demand. As of now bitcoin is on high demand on online market and it is the major factor why it is so expensive. I think the price of bitcoin will rapidly increase and because of that it may lead to a high income.


Title: Re: Why is bitcoin price so high?
Post by: ssocoin on December 09, 2017, 05:05:32 AM
bitcoin  still have lot of room to raise the price,now is still belong to beginning.


Title: Re: Why is bitcoin price so high?
Post by: ss890 on December 09, 2017, 05:15:09 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

Bitcoin might be virtual but the income from it, the prosperity that we are gaining from it is real, thatís for 100% sure. The dominance is the key to everything really. This is not bubble, if it would have been bubble then Iím sure bitcoin could have dropped all down below 3-4K per btc by this time. The bubble is something very weak investment made by millions altogether which can break very easily. But nothing like that is happening so thatís the first sign may be itís not a bubble yet.


Title: Re: Why is bitcoin price so high?
Post by: Crislyn4116 on December 09, 2017, 05:22:34 AM
For me why bitcoin price so high is because of the big investors of bitcoin the people that invest their money to gain a profit from the bitcoin another one is for me the other cause of why bitcoin price so high is because of many people around the world using bitcoin and investing and mining a bitcoins


Title: Re: Why is bitcoin price so high?
Post by: darefreads on December 09, 2017, 05:32:59 AM
I think why bitcoins price s so high because of people who support in using it and people who are interested to use bitcoin to be their daily income. and as I read the article the more people who use and invest to bitcoin the more chance of price hike to its last increase.


Title: Re: Why is bitcoin price so high?
Post by: FRJ on December 09, 2017, 05:38:18 AM
The price of bitcoin is so high for many reasons.

First and the main reason is the number of bitcoin in the whole world.
Bitcoin is like gold.It is so precious because there are not a huge number of bitcoin in this world.

Secondly,there are a huge number of buyers of bitcoin.So,the number of bitcoin is always less than the demand. This is one of the major reasons for the high price of bitcoin.Actually, the popularity and need of bitcoin has taken it in the highest position of all the currencies.


Title: Re: Why is bitcoin price so high?
Post by: eann014 on December 09, 2017, 05:42:53 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
In my opinion, bitcoin price getting higher because of the big investors are coming. Especially on Sundays, they say a lot of big investors will invest with bitcoin so I suggest that hold all your bitcoins and wait until sundays and let's see if what we can get. This is just only my opinion and I am not forcing everybody to believe in me.


Title: Re: Why is bitcoin price so high?
Post by: Nariza on December 09, 2017, 06:02:44 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
The price of bitcoin is getting higher because of the demand. Most of rich people invest on bitcoin to gain more profits. Bitcoin is the king of cryptocurrency that's why it has the highest value compare to other coins.


Title: Re: Why is bitcoin price so high?
Post by: steven.spearman on December 09, 2017, 06:06:48 AM
This is not a bubble, it is real. More and more bitcoin enthusiasts, it causes high bitcoin prices to rise. Ignore the bad issues about bitcoin, because they are just rubbish.


Title: Re: Why is bitcoin price so high?
Post by: wingsking on December 09, 2017, 06:13:24 AM
First of all, his value is recognized by the world BTC, BTC will not be issued, so his value grows steadily with the demand. Second, the recent bifurcation of BTC has led many to experience the thrill of additional revenue, so BTC has been distributing candy all along, causing many to buy in large quantities of BTC :)


Title: Re: Why is bitcoin price so high?
Post by: parassinghal on December 09, 2017, 06:17:32 AM
The price is rising because bitcoin becomes the no. one crytocurrency in the whole world. Due to which they are attracting toward bitcoin. And as the no. of people increasing the demand is also increasing and the supply is less. So this is the reason of its rising value.


Title: Re: Why is bitcoin price so high?
Post by: Mr.Ease on December 09, 2017, 06:17:50 AM
Hedge funds, investment managers, and the almighty futures market is near to open...
Bitcoin is the recognized cryptocurrency with the best minds developing it.

It should be valuable, and it could definitely go more...
This is what we call MOON!


Title: Re: Why is bitcoin price so high?
Post by: BCTalkaccountforsale on December 09, 2017, 06:18:02 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
Increasing bitcoin is a big advantage for people who are taking bitcoin, so high bitcoin costs are not surprising as bitcoins are becoming increasingly popular and widely used, so bitcoin prices are not too surprising.


Title: Re: Why is bitcoin price so high?
Post by: Denies on December 09, 2017, 06:31:23 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

many people are holding bitcoins, requests are too many until their value is not controlled and becomes very expensive. this is advantageous if you have bitcoin. there is no bubble because in crypto all can happen


Title: Re: Why is bitcoin price so high?
Post by: Md Saad on December 09, 2017, 06:37:06 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
Definitely, day by day many developed countries are considering this platform for the future purpose. Already South Korea has collected a lot Bitcoin for their reserve. The Australian government also has taken an initiative regarding this issue. Not only that Japan and Canada both countries have approved this platform, that's why this virtual currency is getting accepted and becoming credible day by day.
In the meantime, Bitcoin has been unbelievable expensive price because of the highly profitable platform. people are becoming dependent on this system day by day for the purpose of making a profit. That's why the price of Bitcoin is getting high nowadays.


Title: Re: Why is bitcoin price so high?
Post by: Ibrahim60 on December 09, 2017, 06:37:35 AM
Now bitcoin price is so much high. I think bitcoin production rate is lower than demand. Also now too many people trust bitcoin and use bitcoin. So bitcoin price increase day by day and Bitcoin price is so high.


Title: Re: Why is bitcoin price so high?
Post by: LANZ777 on December 09, 2017, 06:38:16 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

I don't know why the price is so high,but l believe on what they say it's  because the want to promote bitcoin and be ready for the cashless world. But price increase is favor to all bitcoiners because  they will profit a big amount because it will multiply the cost of bitcoin. Profit here is amazing it will 10 times or more, so there are lots of educated here joining and left their jobs. Because they experience as a partime job that their profit is very much higher than their salary. Bitcoin is better than anything else.


Title: Re: Why is bitcoin price so high?
Post by: solarphys on December 09, 2017, 06:39:11 AM
if we invest a small amount of our money, of course, will earn a little profit, the investors who many money will invest a lot to get a big profit, given the price of always rising bitcoin uncontrolled.

We should keep in mind that changes in the exchange rate (up or down) apply equally to everyone no matter the size of their investment.  So as a percentage of the amount invested, it doesn't matter if you are looking at 0.1, 1 or 10 btc.  The relative gain or loss as a percentage is the same for everyone.


Title: Re: Why is bitcoin price so high?
Post by: btccointalk on December 09, 2017, 06:44:24 AM
Because of its demand rising everyday...and it will keep on rising


Title: Re: Why is bitcoin price so high?
Post by: Sithara007 on December 09, 2017, 07:01:18 AM
Because of its demand rising everyday...and it will keep on rising

Demand is rising due to a number of reasons. But the most important reason is that the Bitcoin futures listing by CBOE/CME. The listing is going to happen within the next few hours and we can expect wild swings in the exchange rates. Till now, only the amateur crypto enthusiasts were trying to manipulate the Bitcoin prices. But from tomorrow onward, the wall street giants will enter the scene.


Title: Re: Why is bitcoin price so high?
Post by: White32 on December 09, 2017, 08:17:24 AM
Maybe because the bitcoin has 6million remaining to mined and the demand is rising day by day..


Title: Re: Why is bitcoin price so high?
Post by: Brigalabdis on December 09, 2017, 08:35:59 AM
Bitcoin must high by the higher buy order than sell order. If the whale must sell their coins the coins must be dump then if the coin was hold, coin must be pump because the flow of the coins by the supply. Whales must control the market price of the coins.


Title: Re: Why is bitcoin price so high?
Post by: MaggieDeng on December 09, 2017, 09:07:37 AM
It's a time-related question. It's not high compared to the future price, it could be hight compared to last month. Investment is always a call to doing a lot of research and learn from mistakes.


Title: Re: Why is bitcoin price so high?
Post by: 4U on December 09, 2017, 04:16:26 PM
The reason why bitcoin is gaining it's income or profit it's because it is getting a massive amount of attention and population. many big companies are joining because they finally recognized that bitcoin is getting popularity to users. Bitcoin is getting higher profit because of the increase of members ( users or investors). and because of that, the bitcoin community became the most popular cryptocurrency.
Bitcoin is now accepted by a lot of countries and now some rich countries have also accepted bitcoin so its demand go very high and still there are a lot of rich companies are in waiting in next year there will be some companies who will join bitcoin which mean bitcoin is now very useful for every one and thatís the reason that bitcoin price go high but itís not fix here its price will go more high and will keep going so best of luck bitcoin.


Title: Re: Why is bitcoin price so high?
Post by: kurian on December 09, 2017, 04:23:56 PM
As more investors came in. The popularity increased thereby, more people came to know what is bitcoin and they started to invest as the demand increased, price also increased.. Now market is controlled by big investors.


Title: Re: Why is bitcoin price so high?
Post by: brontosaurus on December 09, 2017, 04:25:59 PM
Because people become mad when they see such a thing which could give them enormous return in just a few days. I think btc is merely increasing because people want to buy such an investment. No one is really bothered about blockchain or any technology. Currently, koreans are pumping it way too much causing price surge in korean exchanges especially bithumb we saw the same thing done by Indians just a few days ago.


Title: Re: Why is bitcoin price so high?
Post by: huige007 on December 09, 2017, 04:34:16 PM
The reason why bitcoin is gaining it's income or profit it's because it is getting a massive amount of attention and population. many big companies are joining because they finally recognized that bitcoin is getting popularity to users. Bitcoin is getting higher profit because of the increase of members ( users or investors). and because of that, the bitcoin community became the most popular cryptocurrency.
Bitcoin prices are increasing just because it is following basic economics law i.e. with the increase in demand, the prices of a commodity increase. Bitcoin is indeed an attraction for many especially for rich people now. Many businessmen, billionaires, large companies are now accepting bitcoin and investing into it just because it is the best way of saving your money and taking high profit on it. In short, increase in investors is increasing prices.


Title: Re: Why is bitcoin price so high?
Post by: steadyrice on December 09, 2017, 04:45:50 PM
I think the main reason is the increasing interest in Bitcoin. This also means there are many people who invest in Bitcoin.


Title: Re: Why is bitcoin price so high?
Post by: rfcdejong on December 09, 2017, 05:22:33 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

We can not know whether this price is really high or not. When bitcoin will costs $50000 or more, $18000 will not seem to be such a great price for one bitcoin


Title: Re: Why is bitcoin price so high?
Post by: moooonu on December 09, 2017, 05:39:55 PM
Bitcoin is the first one crypto currency to come into existence. Also recently its transactions as well as demand increased. Due to high demand its price is increasing too. Also many currencies depends on bitcoin so in other way its bitcoin who's in play :)


Title: Re: Why is bitcoin price so high?
Post by: Mind Control on December 09, 2017, 06:35:38 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

I doubt this being a bubble since a bubble bursts quickly. We are seeing the result of being volatile and the result of exponential growth of Bitcoin supporters. The knowledge about Bitcoin increases quickly and all began jumping in simultaneously. In short, the demand for Bitcoin is rapidly increasing and based from the law of demand, look at the price.


Title: Re: Why is bitcoin price so high?
Post by: b1k4ng on December 09, 2017, 06:51:23 PM
With the increasing demand for bitcoin, the price will automatically rise again as the number of requests. so people start collecting bitcoins and start making the means to make a lot of profit


Title: Re: Why is bitcoin price so high?
Post by: Mrliberty on December 09, 2017, 06:57:50 PM
First we must 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.

The primary theory about the astonishing rally being put forward by investors on social media is that bitcoin will soon benefit from big institutional money injections via the introduction of the first BTC futures products.


Title: Re: Why is bitcoin price so high?
Post by: darkangel11 on December 09, 2017, 08:29:31 PM
First we must 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.

The primary theory about the astonishing rally being put forward by investors on social media is that bitcoin will soon benefit from big institutional money injections via the introduction of the first BTC futures products.

There's more. The current situation in some countries drives people into alternative forms of money. Korea is on the verge of war with the North and they have giant BTC exchange that is driving the prices up. They have also started taking BTC payments in their biggest shopping mall, that's enough to let people know about this new form of electronic money. Then there's the situation in Zimbabwe...


Title: Re: Why is bitcoin price so high?
Post by: bitcad4u on December 09, 2017, 08:37:06 PM
First we must 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.

The primary theory about the astonishing rally being put forward by investors on social media is that bitcoin will soon benefit from big institutional money injections via the introduction of the first BTC futures products.

There's more. The current situation in some countries drives people into alternative forms of money. Korea is on the verge of war with the North and they have giant BTC exchange that is driving the prices up. They have also started taking BTC payments in their biggest shopping mall, that's enough to let people know about this new form of electronic money. Then there's the situation in Zimbabwe...





The bitcoin price was so high because it's a digital currency system and it price was increased day by day it's fully based on online process and computer internet in future it's rule a world because it fully online transaction like digital currency it's can buy now it in the Amazon and in future all accept this only so all are buying bitcoin so investment in Bitcoin is high so the bitcoin price was high.


Title: Re: Why is bitcoin price so high?
Post by: batang_bitcoin on December 09, 2017, 08:39:48 PM
Is this a bubble?
Again I'd read another person asking if bitcoin is a bubble. The charts will tell itself that bitcoin isn't a bubble or never been into a bubble. This is just a normal demand that's increasing because of good news and people are attracted to it's value so it's surprising that it's value gets higher and higher.

Are the gains real?
Yes it is, if you haven't been into bitcoin and you still into learning things about it once you get serious around and make some gain, you'll definitely answer this question.


Title: Re: Why is bitcoin price so high?
Post by: bujtar on December 09, 2017, 08:44:04 PM
Bubble maybe, but it will go up even more


Title: Re: Why is bitcoin price so high?
Post by: GreenBits on December 09, 2017, 08:46:41 PM
The price of bitcoin is so high because the bitcoin become the number one cryptocurrency in all over the country and people know about bitcoin in all over the world  and more people attracted towards the bitcoin in daily life because by seeing the price of bitcoin very high rate and it countinously increasing rapidly . So people attract towards the bitcoin is more to earn the more money in less time which help them to become rich .

the price is so high because pure fomo. plain and simple.

this boils down to two types of people that purchase bitcoin; those that reposiition value inside of the system, or use value created in the system, and those that use value from outside to purchase bitcoin. if you are of the former, you know that this price level seems like a temporary thing. we are more likely to ride bitcoin up, then get off and go into other alts for increased profit. we have seen a major bull market before, and some of us have not forgotten.

the later is most of the folks that just got in. to not already have value in place at this point means you are new, this also means you are more likely to suffer major hurt as you will not recognize when to escape. be careful. these gain percentages can easily be loss percentages.



Title: Re: Why is bitcoin price so high?
Post by: Drnice on December 09, 2017, 08:49:26 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

Oh yes, the gains are real. The high rise in the price of bitcoin is caused mainly by the new investors and users of bitcoin on daily basis, which is making the market system unequal (ie higher demands to total supply). And also,  most people willingly hold to their coins to create room for scarcity making the price rise.


Title: Re: Why is bitcoin price so high?
Post by: cotton ball on December 09, 2017, 08:53:02 PM
Bitcoin develops with a high comfort factor, people who feel positive effects continue to grow and market volumes grow rapidly, high bitcoin price factor this year can not be separated from the number of hardfork emerging and the appearance of many ICOs that increase bitcoin as the main conversion, even china, korea, or even Singapore does not have an overly negative effect because the country chooses to simply spread the issue and intends to improve stricter regulations. Controversy will only make people more curious because bitcoin awaken people about decentralization.


Title: Re: Why is bitcoin price so high?
Post by: grumpy619 on December 09, 2017, 09:12:32 PM
I hear all the time from friends, colleagues and another, that tell me im mad one, keeping my money in bitcoins, because bitcoin is a bubble and soon it will down to zero! I tried to prove my point of view, but now I'm just waiting for times when I will not  have to prove anything. When bitcoin hits 100000$ or more. The prices so high, because many new people are coming to cryptoworld and bitcoin is the first thing what they want to buy.







Title: Re: Why is bitcoin price so high?
Post by: GoodLuck2 on December 10, 2017, 08:15:21 AM
The reason why bitcoin is gaining it's income or profit it's because it is getting a massive amount of attention and population. many big companies are joining because they finally recognized that bitcoin is getting popularity to users. Bitcoin is getting higher profit because of the increase of members ( users or investors). and because of that, the bitcoin community became the most popular cryptocurrency.
Bitcoin prices are increasing just because it is following basic economics law i.e. with the increase in demand, the prices of a commodity increase. Bitcoin is indeed an attraction for many especially for rich people now. Many businessmen, billionaires, large companies are now accepting bitcoin and investing into it just because it is the best way of saving your money and taking high profit on it. In short, increase in investors is increasing prices.
Yes you are right the value of Bitcoin is so high in the present market because of many reasons. The most obvious among all of them is that is the rate at which BTC is being invested in terms of international markets is becoming higher and higher. As a result of this investment and trading of this digital currency has taken up too much speed resulting in the value of a BTC to rise up to $15k just in a period of few months.



Title: Re: Why is bitcoin price so high?
Post by: jhuliacrysty on December 12, 2017, 02:27:25 PM
bitcoin prices are increasingly high because of the large demand as well as the considerable role of investors that cause large bubbles for bitcoin.
and in some countries accept these bitcoin currencies so it's pretty clear to us why bitcoin prices are getting higher and soaring.


Title: Re: Why is bitcoin price so high?
Post by: Sadnu on December 12, 2017, 02:40:55 PM
So the price of bitcoins is rising because of its demand. Demand for people who want to know whether bitcoins can change their life. And one of the reasons is the rapidly increasing price of bitcoins. So many want to invest in it because of the fast return of profit. Even in one day it's possible to grow almost 30% of the investment so I'm not surprised that many will actually enter the world of crypto


Title: Re: Why is bitcoin price so high?
Post by: Memenya on December 12, 2017, 02:46:38 PM
What make you think that the gain is not real? All gain is real no need to doubt it.
Price high since people demand to bitcoin increasing in every time make price jump so high.


Title: Re: Why is bitcoin price so high?
Post by: Kronos21 on December 12, 2017, 02:46:45 PM
So the price of bitcoins is rising because of its demand. Demand for people who want to know whether bitcoins can change their life. And one of the reasons is the rapidly increasing price of bitcoins. So many want to invest in it because of the fast return of profit. Even in one day it's possible to grow almost 30% of the investment so I'm not surprised that many will actually enter the world of crypto
Such a large income from rising prices for the bitcoins may attract new users and scare them away. Everyone sees this price increase signs of a bubble. You agree with that? It seems to me that not all people with bitcoin for a long time until the end confident that bitcoin will live long. All go with the flow and hope for the best.


Title: Re: Why is bitcoin price so high?
Post by: YRFCHIPOJNP on December 12, 2017, 02:48:21 PM
have you ever heard about swollen bubble


Title: Re: Why is bitcoin price so high?
Post by: xkatarinax on December 12, 2017, 04:23:02 PM
Because it becomes more popular. And now it is starting to be involved into worldwide payment system


Title: Re: Why is bitcoin price so high?
Post by: Bitcoin_Delivery on December 12, 2017, 04:37:27 PM
Because it becomes more popular. And now it is starting to be involved into worldwide payment system
In addition hardfork is also very big effect in increasing the price of bitcoin now this year has happened hardfork more than 3x this makes the price at the pump to the moon. I'm sure next year the price will go crazy again


Title: Re: Why is bitcoin price so high?
Post by: BitcoinPC on December 12, 2017, 05:04:10 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

Now i am thinking it is a real gains. Because of many reasons, but main thing is that bubble can't run in a long time, now we see last 2 months bitcoin continuously increase, so in my thinking it is a real gain, it is not look like a bubble.   


Title: Re: Why is bitcoin price so high?
Post by: Dani33 on December 12, 2017, 05:19:48 PM
Because much people are investing seeing the price that growth day by day and many companies are starting to accept bitcoin, so it are becoming more popular


Title: Re: Why is bitcoin price so high?
Post by: sjdaqwx878 on December 12, 2017, 05:30:47 PM
people themselves determine the value of bitcoin and bitcoin will grow much more than now, although we think that the price is already big for bitcoin, this is just the beginning, we will still see the power of bitcoin


Title: Re: Why is bitcoin price so high?
Post by: DaftAjax on December 12, 2017, 07:36:01 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
Well this is a forum indeed, whatever our perspectives may be, it only matters if one of them could prove their statements are true.

I for one, ensures you that this is not a bubble and it is definitely a gain. Last year, the same questions are asked, same answeres are stated, that this is a bubble and the gains are not real. But look at it now, the price from last year's pump was tripled. They've even predicted that, this is going to be the its last highest price - now it still continues to rise, are you still going doubt Bitcoin? Are you still going to call it a bubble?

If you really wanted more clarifications, compare the price charts every year, I doubt you wound't agree with me.


Title: Re: Why is bitcoin price so high?
Post by: crytomusica on December 12, 2017, 07:41:28 PM
First we must 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.

The primary theory about the astonishing rally being put forward by investors on social media is that bitcoin will soon benefit from big institutional money injections via the introduction of the first BTC futures products.

There's more. The current situation in some countries drives people into alternative forms of money. Korea is on the verge of war with the North and they have giant BTC exchange that is driving the prices up. They have also started taking BTC payments in their biggest shopping mall, that's enough to let people know about this new form of electronic money. Then there's the situation in Zimbabwe...

You made a good point but I believe there is even more happening at the underground level which we have now news about it. How do I know it? Price graph tells me so.


Title: Re: Why is bitcoin price so high?
Post by: xiboothrezi on December 12, 2017, 10:10:16 PM
theoretically, the higher the demand and supply is limited, the higher the price. so logically, many want to buy bitcoin, while the amount of bitcoin is limited, so investors will buy whatever price is offered so the price is higher.


Title: Re: Why is bitcoin price so high?
Post by: Creating N Action on December 12, 2017, 10:28:30 PM
For me, the reason why bitcoin price so high because this is the new cryptocurrency. The bitcoin price so high because of Its demand as well as the limited supply. Many people attracts on the higher price of bitcoin. Everyday the bitcoin price continuously increasing because of the demand. They join in the different campaign so that they can earn lots of money. They do what is being ask on the said campaign so that they can get the exact amount of their bitcoin. Many countries accepts bitcoins because they  believe that it helps thier economy to grow. The bitcoin price get higher and higher because they want to help many people to become bitcoin millionaire so that they can really enjoy working on bitcoin and use it for their future.


Title: Re: Why is bitcoin price so high?
Post by: ritot on December 12, 2017, 10:34:19 PM
Limited number, hype, new people and new money of Bitcoins created a price. A lot of lost and forgotten BTC this also affects the price. It's not gold, it's better.

 



Title: Re: Why is bitcoin price so high?
Post by: Dexion on December 12, 2017, 10:41:34 PM
Bitcoin is the best crypto currency in the world and so people buy bitcoin and after some days they sell it. Nowadays people know that bitcoin price always increasing and someone hold and someone sell their bitcoin. Bitcoin has that power to make her own strong. Bitcoin is always better crypto and then bitcoin price going high.
yes, I agree with you. one of the causes of today's bitcoin as the best digital currency, is because every day the bitcoin volume and spreading continue to increase. even if already a lot of big investors are joining in bitcoin, i'm sure big things will happen


Title: Re: Why is bitcoin price so high?
Post by: africa34 on December 12, 2017, 10:47:26 PM
For me, the reason why bitcoin price so high because this is the new cryptocurrency. The bitcoin price so high because of Its demand as well as the limited supply. Many people attracts on the higher price of bitcoin. Everyday the bitcoin price continuously increasing because of the demand. They join in the different campaign so that they can earn lots of money. They do what is being ask on the said campaign so that they can get the exact amount of their bitcoin. Many countries accepts bitcoins because they  believe that it helps thier economy to grow. The bitcoin price get higher and higher because they want to help many people to become bitcoin millionaire so that they can really enjoy working on bitcoin and use it for their future.
Yes the demand and supply is who controls the price of bitcoin , but you need to know the reasons why the demend of bitcoin are high ? and why people buy bitcoin ? , because the bitcoin new money  easy to use , fast , anonymous and with low fees.


Title: Re: Why is bitcoin price so high?
Post by: Clavulanic on December 12, 2017, 10:48:19 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

many people are holding bitcoins, requests are too many until their value is not controlled and becomes very expensive. this is advantageous if you have bitcoin. there is no bubble because in crypto all can happen

Well i believe that people really wanted to have more bitcoin for the future and it is really getting more popular each day and we really see that bitcoin is really a good source of extra income.And people really wanted to make profit with the help of bitcoin that is why tbey almost got crazy about bitcoin because it is really so helpful on gaining more extra income which is so helpful.


Title: Re: Why is bitcoin price so high?
Post by: Rsj91 on December 12, 2017, 10:49:07 PM
Probably because of acceptance and community support


Title: Re: Why is bitcoin price so high?
Post by: fishbonez11 on December 12, 2017, 10:55:03 PM
Law of supply and demand. Bitcoin has become more and more popular to people all over the world. The more people becoming interested and investing in bitcoin, the higher the price will become.

Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

Are the gains real? For me as of the moment, yes they are. Is this a bubble? I don't know, possibly. Generally speaking, I see the world jumping from one thing to another. And that is one reality that we all observe. Bitcoin is indeed profitable at the moment. When is the time it will fall down or be replaced? We don't know.


Title: Re: Why is bitcoin price so high?
Post by: JCLee on December 12, 2017, 10:58:35 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

Bitcoin prices are very high due to various reasons, because Bitcoin is attracting investors, even newcomers to borrow money to invest in Bitcoin. Also due to the limited number of BTC, the demand more than supply also makes the price of BTC is always high, even the BTC phase is low but it is rising again very quickly. A lot of people invest in BTC and have made huge profits from it  ;D


Title: Re: Why is bitcoin price so high?
Post by: Marucya on December 12, 2017, 11:08:24 PM
The price bitcoin is really too different from the other altcoys. This is explained by the fact that bitkoyn was the first crypto currency and a significant part of the population still know only bitkoyna from crypto currency. In addition, the media mainly talk about bitkoyne and its significant value. All this has led to the fact that it is currently used most bitkoyn popularity. In addition, given the significant cost of bitcoin, more people are getting involved in investing in it, generating a rush demand, which leads to a further increase in the rate of bitcoin.


Title: Re: Why is bitcoin price so high?
Post by: MikesLeo on December 12, 2017, 11:17:46 PM
As there is an increasing demand for bitcoin, the supply raised and people does sell bitcoin to gain few profits. finally bitcoin price become high. we have to understand bitcoin is the first crypto currency.


Title: Re: Why is bitcoin price so high?
Post by: Akash1243 on December 12, 2017, 11:52:49 PM
As more and more people are investing in bitcoins and price depends heavily depends upon the demand.The price increase of bitcoins has attracted many people as everyone wants to earn profits from bitcoins so they has invested on bitcoins thus causing the pump.Well, bitcoins prices will be higher in future as there are limited amount of them.


Title: Re: Why is bitcoin price so high?
Post by: chiefthor on December 13, 2017, 12:05:46 AM
It is because many group of enthusiasts bought and held bitcoin and will not sell it at any current price. More and more bitcoin fans are entering into this group and they are driving up demand increases.


Title: Re: Why is bitcoin price so high?
Post by: kier010 on December 13, 2017, 01:22:19 AM
bitcoin become more popular so many start to invest as a result the demand increase but with low supply so the outcome would be the price will pump.


Title: Re: Why is bitcoin price so high?
Post by: Beatcoin.it on December 13, 2017, 01:27:51 AM
The ask went higher day by day, the offer canít follow so the price went extremely expensive but we have to wait and see the ask grow and make the price reach insane value.


Title: Re: Why is bitcoin price so high?
Post by: Dorky on December 13, 2017, 01:57:07 AM
The price of bitcoin is very high compared to the past years  but it is still very cheap compared to next years. Very few of the world's population has invested in Bitcoin and  the number is increasing day by day. In this case  the price increase is quite natural.


Title: Re: Why is bitcoin price so high?
Post by: zuculini on December 13, 2017, 02:46:51 AM
 I believe some people using bitcoin and there is even more happening at the underground level.


Title: Re: Why is bitcoin price so high?
Post by: reingelz09 on December 13, 2017, 02:50:40 AM
Bitcoin price so high because of hodlers! too many hodlers of bitcoin cause the quantity of bitcoins lesser circulation and the demand for bitcoin is so high.


Title: Re: Why is bitcoin price so high?
Post by: sneeze11 on December 13, 2017, 02:52:46 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?


It is high because now the bitcoin is so popular and many of the people want to have a single account to it. The price of it are so high than on the past years because now this time bitcoin are still increase it's price because the people using this are still increasing.


Title: Re: Why is bitcoin price so high?
Post by: josephpogi on December 13, 2017, 03:05:30 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
Base on my research bitcoin supply is limited only for 21million and i see that 16million-17million plus is already mined by miners so  if the bitcoin reach the supply of 21 million the bitcoin price will go increase much more because the demand is high.


Title: Re: Why is bitcoin price so high?
Post by: Sihab76 on December 13, 2017, 03:07:24 AM
Bitcoin price are increasing at a high speed so that a 🚀 rocket can do. But it is very astonishing news for bitcoin user. If this price is continuing, bitcoin will fall in danger. When people invest a little bit and hold huge amount it is the prime factor fot increasing Bitcoin price.


Title: Re: Why is bitcoin price so high?
Post by: Minionnn on December 13, 2017, 03:10:31 AM
I do not think the price of bitcoin is too high. bitcoin is growing and popular, the demand for bitcoin is increasing rapidly, so the price of bitcoin has also increased. That is normal. I'm not surprised why the price of bitcoin is so high.


Title: Re: Why is bitcoin price so high?
Post by: TomUyamot on December 13, 2017, 03:20:46 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

Well, if you have seen them in the internet, on the reliable sources there, then perhaps they are true. Bitcoin has indeed risen so high these days. Why do you doubt that this is not true at all or a some kind of a bubble? If you are afraid that it is so then you are always free to sell all your Bitcoins to people. You won't have a hard time selling them because the buyers of Bitcoin are much more bigger in number than the sellers. Which brings us to the conclusion why the price is getting bigger and why it is not a bubble.


Title: Re: Why is bitcoin price so high?
Post by: Larva14 on December 13, 2017, 03:43:14 AM
      The bitcoin price is so high because of the law of supply and demand.The greater demand,the higher price and we all know that becoin is in demand because it is the famous online cryptocurrency as of now.
As of now the price of bitcoin was totally high and I think there some reasons why it is become more expensive and totally high. In addition to that, one the reason why the price of bitcoin was high is the fluctuations of supply and demand on online market. Lastly, I think the number of people who buy it is also the reason why it is so high.


Title: Re: Why is bitcoin price so high?
Post by: kpcian on December 13, 2017, 03:46:03 AM
It's nothing but a popularity, Normally people was a little bit afraid of investing in this platform that they were waiting for any green response from some credible source, such as government officials or billionaires.
In recent times, Many developed countries have considered Bitcoin as the raising investment platform and a potential currency. Not only that but also, Bill Gates and Warren Buffet have declared that they are already involved in this system and it's an amazing platform for saving and investment. That's why people are getting engaged in this system and the price is increasing due to the increase of its demand in a limited supply stocks.


Title: Re: Why is bitcoin price so high?
Post by: letecia012 on December 13, 2017, 03:48:39 AM
bitcoin price significantly increase is due to demand and supply many people sold but there are more people want to buy and have their btc but if there are lesser buyer than seller price me fall down also


Title: Re: Why is bitcoin price so high?
Post by: richkellj on December 14, 2017, 02:21:33 PM
Limited number, hype, new people and new money of Bitcoins created a price. A lot of lost and forgotten BTC this also affects the price. It's not gold, it's better.
Indeed, it is better than physical gold in numerous ways. This is the reason why gold investors are switching to bitcoin for using it as an investment for future. People are making more profit with bitcoin than they could have ever made with gold or diamond, even not with real estate.

Gold is now becoming an old fashion of saving money for profits, the latest trend is that of bitcoin. Indeed, all factors you have mentioned are making bitcoin increase in value.


Title: Re: Why is bitcoin price so high?
Post by: Genosx on December 14, 2017, 02:43:33 PM
The excellent performance company and management of bitcoin is the reason why the BTC value in market continuously increases.
From this they receive a high demand from the public which is a big factor that can contribute to a positive outcome. I think this is the reason behind why the price of bitcoin is high.


Title: Re: Why is bitcoin price so high?
Post by: MWesterweele on December 14, 2017, 02:52:00 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
Base on my research bitcoin supply is limited only for 21million and i see that 16million-17million plus is already mined by miners so  if the bitcoin reach the supply of 21 million the bitcoin price will go increase much more because the demand is high.
Because of the limited supply and increasing demand of many people so thats why bitcoin price is high right now. Even its high many people is also buying it because they know they can earn in higher value.


Title: Re: Why is bitcoin price so high?
Post by: Cold-Heart on December 14, 2017, 03:13:33 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
I think bitcoins increase its value and its rate because bitcoins become rare to very rare as time goes by. Mining makes us earn bitcoins or an equivalent bitcoin, but the fact that there are a lot of mining company or people mining bitcoins it becomes harder than past 2 years or more. although there isn't an exact amount of bitcoins that could be mined or used, it will increase as long as there is bitcoins to be mined.


Title: Re: Why is bitcoin price so high?
Post by: Fulmand on December 14, 2017, 03:21:59 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
I think bitcoins increase its value and its rate because bitcoins become rare to very rare as time goes by. Mining makes us earn bitcoins or an equivalent bitcoin, but the fact that there are a lot of mining company or people mining bitcoins it becomes harder than past 2 years or more. although there isn't an exact amount of bitcoins that could be mined or used, it will increase as long as there is bitcoins to be mined.


Bitcoin price shoot up so high because its demand increases too. Due to its continuous popularity many people become interested and joins the bitcoin community thus increasing its demand. Also its marketing strategy is very effective.


Title: Re: Why is bitcoin price so high?
Post by: Eternu on December 14, 2017, 03:42:36 PM
There isn't person on this earth who don't want to earn money for living, and lately bitcoin is great way of earning small or big amount of money. Every day more people invest in bitcoin which pump the price, in hope that they would become rich. Also people recognize that bitcoin is future, and some of them wants to be part of that future. There are some technical things that affect its price, but they are minor compared to previous two.


Title: Re: Why is bitcoin price so high?
Post by: spqr2704 on December 14, 2017, 03:43:40 PM
because the bitcoin has opened the gate of the cryptocurrency era, itīs having a big trust around the world, it has a freedom of exchange, and the main reason: It has not a country's government regulation. In conclussion, it has a bigger potential at present and a long future of currency.


Title: Re: Why is bitcoin price so high?
Post by: HIMU on December 14, 2017, 04:21:44 PM
Now bitcoin price is as a upshot much tall. I think bitcoin production rate is lower than request. Also now too many people trust bitcoin and use bitcoin. So bitcoin price adding  day by hours of hours daylight and bitcoin price is hence high.


Title: Re: Why is bitcoin price so high?
Post by: Dharmendrax on December 14, 2017, 04:25:12 PM
In cryptocurrency market daily new investor are coming thats big resion is high price of bitcoin and one of the big resion is altcoin trading with btc.


Title: Re: Why is bitcoin price so high?
Post by: jake zyrus on December 14, 2017, 04:38:28 PM
because bitcoin is the top 1 in the terms of cryptocurrency but the real deal here is the demand of bitcoin to us and the investment of us to the bitcoin. As long as bitcoin is in demand and many people are investing the price is going to increase and so on...
There are so many investor  now in bitcoin because of the demand. Bitcoin now become top1 cryptocurrency, the value of now is continue increasing thats why so many people who want to be part of it and become successful.


Title: Re: Why is bitcoin price so high?
Post by: TudorOzy on December 14, 2017, 04:47:57 PM
because bitcoin is the top 1 in the terms of cryptocurrency but the real deal here is the demand of bitcoin to us and the investment of us to the bitcoin. As long as bitcoin is in demand and many people are investing the price is going to increase and so on...

I agree, as people buy and buy, demand gets higher and higher and price grows accordingly.


Title: Re: Why is bitcoin price so high?
Post by: rahul10948 on December 14, 2017, 04:53:26 PM
Ultimately new and old users are testing the limits of a system that, for a decade, has been untested. The futures market will be a big driver in growth and bust over the next few months as institutional investors begin using the currency. CoinDesk writer Omkar Godbole notes that the price should remain stable but ďa pullback to $11,000 cannot be ruled out, but dips below the upward sloping 10-day MA of $11,500 are likely to be short-lived.Ē


Title: Re: Why is bitcoin price so high?
Post by: joebrook on December 14, 2017, 05:01:03 PM
because bitcoin is the top 1 in the terms of cryptocurrency but the real deal here is the demand of bitcoin to us and the investment of us to the bitcoin. As long as bitcoin is in demand and many people are investing the price is going to increase and so on...

I agree, as people buy and buy, demand gets higher and higher and price grows accordingly.
If Bitcoin does indeed become a bubble, people are going to lose so much money but i highly doubt it since people are patronizing it even more than ever. I recently read that South Koreans are buying bitcoins instead of stocks now.


Title: Re: Why is bitcoin price so high?
Post by: z0mmarket on December 14, 2017, 05:32:19 PM
Because people are buying  ;D


Title: Re: Why is bitcoin price so high?
Post by: Mahirap on December 14, 2017, 05:37:07 PM
The price of Bitcoin is so high because of the demand of the community on having a single Bitcoin. total supply can't even supply every single human on the planet. it's only capable of 21m person (if every single guy/girl is given a single coin) More and more governments are starting to accept bitcoin as a day to day use from paying with food and even bills that's why most of the users are complacent about it.


Title: Re: Why is bitcoin price so high?
Post by: Superzpay on December 14, 2017, 09:07:12 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

Now i am thinking it is a real gains. Because of many reasons, but main thing is that bubble can't run in a long time, now we see last 2 months bitcoin continuously increase, so in my thinking it is a real gain, it is not look like a bubble.   
Yes, Bitcoin is real gain because of many reasons. The price of Bitcoin is increasing day after day. This is because of every new day a lot of people join Bitcoin and earn money. So the popularity of Bitcoin among the people is growing. The new investors invest on Bitcoin and trading on it. Bitcoin has no limits. It is predicted that the price of Bitcoin is reached its peak. The investor are hurry to buy Bitcoin and sell them when its price on high.


Title: Re: Why is bitcoin price so high?
Post by: Isaacck1 on December 14, 2017, 09:41:31 PM
Being the number one exisiting cryptocurrency ever, we msut not be surprised that bitcoin is the number one in terms of that. Lots of people who donate maybe a factor of the price of the bitcoin nowadays. The success that was reached by bitcoin is already far from others. There are so many investors too and participants in this kind of forum.


Title: Re: Why is bitcoin price so high?
Post by: xurestey on December 14, 2017, 09:43:35 PM
Bitcoin is as expensive as it is now because the investment community around the world is paying attention to it and is pouring capital into bitcoin and crypto. A few days ago when bitcoin was officially listed on the US stock exchange, the biggest increase in the trust of investors and bitcoin.


Title: Re: Why is bitcoin price so high?
Post by: jovs on December 14, 2017, 10:14:32 PM
People in general and investor precisely are buying a lot quantities of bitcoin wich makes the price very high.. wr can confirm that bitcoin become very popular.
Our support to bitcoin in terms of transactions and investment is one of the viral factor for bitcoin to grow and to have a development and growth. We all know that bitcoin has the capability to grow and to develop, yet its potential to grow and to experience development needs our support just for it to happen and to have a good price and value in the future.


Title: Re: Why is bitcoin price so high?
Post by: bitcoinsocial09 on December 14, 2017, 10:23:30 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
Well probably, the demand in the market is also high which makes i market value so expensive. The value and demand of bitcoin is proportional. So if the price moves, same thing would happen to its demand. That's why we should invest and hold more since the demand is increasing and chances are high that its value will be morr expensive that will yield to huge profit.


Title: Re: Why is bitcoin price so high?
Post by: rhamzter on December 14, 2017, 10:40:49 PM
People in general and investor precisely are buying a lot quantities of bitcoin wich makes the price very high.. wr can confirm that bitcoin become very popular.
Our support to bitcoin in terms of transactions and investment is one of the viral factor for bitcoin to grow and to have a development and growth. We all know that bitcoin has the capability to grow and to develop, yet its potential to grow and to experience development needs our support just for it to happen and to have a good price and value in the future.
Yes it is correct, other than that more investors are attracted to join in bitcoin community due to good and healthy fluctuation of this crypto in the market. In additional popularity of bitcoin in crypto currency society can also affect why this coin price are continuously increasing. Never doubt if one day bitcoin price touches the $20,000 value the highest expecting peak for this year and who knows maybe someday bitcoin raising up in to the moon.


Title: Re: Why is bitcoin price so high?
Post by: XCANA on December 14, 2017, 10:54:46 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
The gains in Bitcoin value increase is real no doubt about it and better join the train now before is too late dude. Bitcoin value increase is as a result of high adoption by the people world over and the demand is more than the supply Which has positive impact on its value. Note that scarcity create value


Title: Re: Why is bitcoin price so high?
Post by: sarjilcse on December 15, 2017, 05:11:16 AM
The Bitcoin price is so high just because Bitcoin is gonna be Number one cryptocurrency and right now also number One!
The main reason is investor..there is so many investor in bitcoin around the world..day by day btc gain lots of investor that's because the market is going to be high.so why not? if they invest a little amount and gain more than 3X within 2 or 3 months they must invest..seems btc gonna more than $20k in the middle of the 2018 !!


Title: Re: Why is bitcoin price so high?
Post by: AbsoluteT on December 15, 2017, 08:02:30 AM
Price is high becuse there is much more demand then supply wait till holders start selling


Title: Re: Why is bitcoin price so high?
Post by: Visbay on December 15, 2017, 10:14:03 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
Base on my research bitcoin supply is limited only for 21million and i see that 16million-17million plus is already mined by miners so  if the bitcoin reach the supply of 21 million the bitcoin price will go increase much more because the demand is high.
Itís actually because of demand this year bitcoin demand go very high and still some companies and people are trying to join so there is no doubt when demand of anything goes high so its price go high automatically and it happen with bitcoin because bitcoin is a good currency to use and the main thing about bitcoin is that its provide a lot of good opportunity for earning thatís why people are joining bitcoin so bitcoin is all in one.


Title: Re: Why is bitcoin price so high?
Post by: zulkarnaen on December 15, 2017, 11:42:49 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
Base on my research bitcoin supply is limited only for 21million and i see that 16million-17million plus is already mined by miners so  if the bitcoin reach the supply of 21 million the bitcoin price will go increase much more because the demand is high.
Itís actually because of demand this year bitcoin demand go very high and still some companies and people are trying to join so there is no doubt when demand of anything goes high so its price go high automatically and it happen with bitcoin because bitcoin is a good currency to use and the main thing about bitcoin is that its provide a lot of good opportunity for earning thatís why people are joining bitcoin so bitcoin is all in one.

Yes, with limited supply of bitcoin and high level of bitcoin demand in crypto market will certainly have an impact on current price increases. And it is very realistic that bitcoin prices will reach high prices as bitcoin users continue to grow and with increasing popularity will have an impact on the progress of bitcoin that is happening at this time growing rapidly this year.


Title: Re: Why is bitcoin price so high?
Post by: Siren on December 15, 2017, 11:51:06 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
Base on my research bitcoin supply is limited only for 21million and i see that 16million-17million plus is already mined by miners so  if the bitcoin reach the supply of 21 million the bitcoin price will go increase much more because the demand is high.
Itís actually because of demand this year bitcoin demand go very high and still some companies and people are trying to join so there is no doubt when demand of anything goes high so its price go high automatically and it happen with bitcoin because bitcoin is a good currency to use and the main thing about bitcoin is that its provide a lot of good opportunity for earning thatís why people are joining bitcoin so bitcoin is all in one.

Undoubtedly, demand is going up in correlation with price. At the start of the year, people don't know about bitcoin. But gradually specially when Japan enters the picture and embrace bitcoin, demand immediately went up. And now, not only in Asia, but throughout the world, bitcoin is already recognized.

The demand usually falls on the premise that by buying bitcoin and holding it long term, you will gain financial profit, which is very true. However, it can encounter a lot of bumps along the price. Since financial institutions now enter the picture this month, the demand shoots up once more making bitcoin crosses $16-$17K a pop.


Title: Re: Why is bitcoin price so high?
Post by: cepedacharles29 on December 15, 2017, 12:02:15 PM
The price of Bitcoin is so high because of the demand of the community on having a single Bitcoin. And The main reason is investor there is so many investor in bitcoin around the world day by day btc gain lots of investor that's because the market is going to be high with limited supply of bitcoin and high level of bitcoin demand in crypto market will certainly have an impact on current price increases.


Title: Re: Why is bitcoin price so high?
Post by: yvesp110 on December 16, 2017, 07:37:39 PM
The price of Bitcoin is so high because of the demand of the community on having a single Bitcoin. And The main reason is investor there is so many investor in bitcoin around the world day by day btc gain lots of investor that's because the market is going to be high with limited supply of bitcoin and high level of bitcoin demand in crypto market will certainly have an impact on current price increases.
Yeah demand matters a lot and in coming demand will be going beyond limits because bitcoin impressed every single person who just knows the name of cryptocurrency and I hope that in future the community will grow more and in result price will be touching new record value all this will be pleasing for me and for other old investor so that our profit will come faster to us and the bitcoin journey to take over cash money will be faster.


Title: Re: Why is bitcoin price so high?
Post by: stainedsoot on December 17, 2017, 04:18:58 AM
The value of bitcoins are high right now because of the number of investors on it, also bitcoins have a limit, once all bitcoins are mined you cannot create more.


Title: Re: Why is bitcoin price so high?
Post by: mininglegend1234 on December 17, 2017, 08:20:38 AM
The price of Bitcoin is so high because of the demand of the community on having a single Bitcoin. total supply can't even supply every single human on the planet. it's only capable of 21m person (if every single guy/girl is given a single coin) More and more governments are starting to accept bitcoin as a day to day use from paying with food and even bills that's why most of the users are complacent about it.
I think the most prominent factor is it's rapid increase on price from day one.he price of bitcoin is so high because the bitcoin become the number one cryptocurrency in all over the country and people know about bitcoin in all over the world  and more people attracted towards the bitcoin in daily life because by seeing the price of bitcoin very high rate and it countinously increasing rapidly


Title: Re: Why is bitcoin price so high?
Post by: gilangIDR on December 17, 2017, 08:45:00 AM
The price of Bitcoin is so high because of the demand of the community on having a single Bitcoin. And The main reason is investor there is so many investor in bitcoin around the world day by day btc gain lots of investor that's because the market is going to be high with limited supply of bitcoin and high level of bitcoin demand in crypto market will certainly have an impact on current price increases.
Everything is because bitcoin is now more reliable. This is clear evidence that bitcoin has many users, one of the rational reasons is that bitcoin is getting more and more popular. If seen then the place that received bitcoin is more and more and this has helped the development of bitcoin. I feel that today Bitcoin can already be called a necessity, everyone now needs bitcoin as a means of payment of financial transactions in everyday life.


Title: Re: Why is bitcoin price so high?
Post by: anthinguy21 on December 17, 2017, 08:49:45 AM
No. Bitcoin is not a bubble :). It's just the real potential of Bitcoin but I think in next year, you will change your mind and you'll never thinking Bitcoin price at the moment is so high cause I believe in next year Bitcoin price will be at least 50k$ or maybe more cause Bitcoin listed on the Wall Street so Bitcoin price will go to the moon very soon :D


Title: Re: Why is bitcoin price so high?
Post by: grandpix on December 17, 2017, 08:59:20 AM
No. Bitcoin is not a bubble :). It's just the real potential of Bitcoin but I think in next year, you will change your mind and you'll never thinking Bitcoin price at the moment is so high cause I believe in next year Bitcoin price will be at least 50k$ or maybe more cause Bitcoin listed on the Wall Street so Bitcoin price will go to the moon very soon :D
Exactly bitcoin isnt a bubble and won't be a bubble. Bitcoin price is so high because people buy bitcoin thinking it will keep going up. It will stronger in the coming years.


Title: Re: Why is bitcoin price so high?
Post by: Yuraf on December 17, 2017, 09:14:46 AM
Oт чeгo y Биткoйнa pacтeт цeнa?этo дeфицит мoнeты или кaпитaлизaция?


Title: Re: Why is bitcoin price so high?
Post by: ihsanskanzaone on December 17, 2017, 09:43:54 AM
The bitcoin price is very high because bitcoin is very popular and has so many investors pushing the bitcoin price so high. Bitcoin is also referred to as a criptocurrency representative so it's no wonder people will recognize and want bitcoin to be used instead of other coins.


Title: Re: Why is bitcoin price so high?
Post by: rhamzter on December 17, 2017, 10:47:38 AM
No. Bitcoin is not a bubble :). It's just the real potential of Bitcoin but I think in next year, you will change your mind and you'll never thinking Bitcoin price at the moment is so high cause I believe in next year Bitcoin price will be at least 50k$ or maybe more cause Bitcoin listed on the Wall Street so Bitcoin price will go to the moon very soon :D
Exactly bitcoin isnt a bubble and won't be a bubble. Bitcoin price is so high because people buy bitcoin thinking it will keep going up. It will stronger in the coming years.
Bitcoin price is so high due to high demand of this coin in the market, I guess more users and capitalist are buy a lot of stocks and hold it. Maybe because they believe that this crypto was increase more in the future.

No doubt that this coming 2018 there's a big surprise happen to the price of bitcoin and also looking forward for continues raising up of bitcoin and all crypto currency in this coming year.


Title: Re: Why is bitcoin price so high?
Post by: Arthoerra on December 17, 2017, 12:07:06 PM
We say price bitcoin is very high because sees history a few years ago. how if we look from 10 years later, should we say now the price bitcoin is very cheap. This condition is actual formation bitcoin prices. Bitcoin becomes more valuable because more and more people in the world understand about advantages and facilities that bitcoin has.


Title: Re: Why is bitcoin price so high?
Post by: superjeyy on December 17, 2017, 01:57:39 PM
As the Christmas season was approaching, Bitcoin rates were fairly increasing which made everyone truly pleased. With this comes more demand as people learned how profitable it can be. More people wants to invest in this venture since the value of your money can multiply significantly in a span of hours or even minutes, but little do they know is that it is not that easy. There is a certain balance that is to be maintained so that massive corrections won't be reached. Simply put, Bitcoin price is getting higher day by day because the supply is very limited and many people wants to have it.


Title: Re: Why is bitcoin price so high?
Post by: TriplexXx on December 17, 2017, 03:06:17 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
The gains are real with bitcoin, the more money you invested in bitcoin the more profit you are going to make.


Title: Re: Why is bitcoin price so high?
Post by: Cryptron on December 17, 2017, 03:15:30 PM
Since the price of Bitcoin is getting high each day, it attracts more investors to invest on it. Because of this the demand in the market is getting high. The higher the demand, the higher will be the cost or value.


Title: Re: Why is bitcoin price so high?
Post by: Typogre12 on December 17, 2017, 03:19:45 PM
It is because of its popularity. More people are hooked into bitcoin. Literally it involves the law of supply and demand. Since bitcoins has low supply and the demand of it is big. Price is still going up.


Title: Re: Why is bitcoin price so high?
Post by: shalnark on December 17, 2017, 03:39:31 PM
Bitcoin is the best crypto currency in the world and so people buy bitcoin and after some days they sell it. Nowadays people know that bitcoin price always increasing and someone hold and someone sell their bitcoin. Bitcoin has that power to make her own strong. Bitcoin is always better crypto and then bitcoin price going high.
We all know bitcoin price is so high just because of the demand in the market and I think bitcoin is gonna be number one cryptocurrency right now. The main reason is investor..there is so many investors in bitcoin around the world..day by day bitcoin gain lots of investor that's because the market is going to be high.


Title: Re: Why is bitcoin price so high?
Post by: Typogre12 on December 17, 2017, 03:47:32 PM
What do you think guys. Isn't late to invest now since bitcoin's price have climbed up so high? What are the chances for the late gamers like me?


Title: Re: Why is bitcoin price so high?
Post by: ace4549 on December 20, 2017, 06:01:47 PM
I think it is greatest factor why the market value of bitcoin is too high is that the company and management of bitcoin show a great service to their investor.
They know how to value every individual who invested with that is why many people loves them and the demand is increasing resulting to a high market value.


Title: Re: Why is bitcoin price so high?
Post by: Pasnik on December 20, 2017, 06:22:51 PM
What do you think guys. Isn't late to invest now since bitcoin's price have climbed up so high? What are the chances for the late gamers like me?
It is not too late to invest in bitcoin price had falls down if you will check the charts it drops lately. Time to invest due to price will climbed up and always check the graph. For me the indication of bitcoin will increase.


Title: Re: Why is bitcoin price so high?
Post by: Naughty Princess on December 20, 2017, 09:13:26 PM
No. Bitcoin is not a bubble :). It's just the real potential of Bitcoin but I think in next year, you will change your mind and you'll never thinking Bitcoin price at the moment is so high cause I believe in next year Bitcoin price will be at least 50k$ or maybe more cause Bitcoin listed on the Wall Street so Bitcoin price will go to the moon very soon :D
Exactly bitcoin isnt a bubble and won't be a bubble. Bitcoin price is so high because people buy bitcoin thinking it will keep going up. It will stronger in the coming years.
Bitcoin growth gives opportunity to gain profit. The increase of price is the result of the increased number of investors and have limited supply in the market. People want to get involved in crypto because they see the benefits of it and the price is volatile that makes more increase than decrease which result to have fast earning.


Title: Re: Why is bitcoin price so high?
Post by: fullhdpixel on December 21, 2017, 05:45:34 AM
As the Christmas season was approaching, Bitcoin rates were fairly increasing which made everyone truly pleased. With this comes more demand as people learned how profitable it can be. More people wants to invest in this venture since the value of your money can multiply significantly in a span of hours or even minutes, but little do they know is that it is not that easy. There is a certain balance that is to be maintained so that massive corrections won't be reached. Simply put, Bitcoin price is getting higher day by day because the supply is very limited and many people wants to have it.
There will be more rise on the Christmas time because people are now truly toward the bitcoin and they want to earn money in easier and faster way and bitcoin is the best way and mostly job people get annual applause bonus on the Christmas and as far I am visionary sensible people will invest that money in bitcoin because no other investment has such a high security and the higher profit return of bitcoin impresses everyone,


Title: Re: Why is bitcoin price so high?
Post by: Typogre12 on December 22, 2017, 08:24:57 AM
It is due to the Christmas season. But the price right now is already going down big. Is it still wise to do investment?


Title: Re: Why is bitcoin price so high?
Post by: ipanks on December 22, 2017, 10:08:46 AM
It is due to the Christmas season. But the price right now is already going down big. Is it still wise to do investment?

It is still wise to do investment in bitcoin but I don't want to buy the whole 1 bitcoin. maybe I will divide my order buy to several parts so I can buy at many ranges of the price of bitcoin so if the price increase so high, I can sell at once or sell part by part. I see in the market, people getting panic because the price is dropped too far than they expected and they don't want to lose their profit so they sell their bitcoin to make a profit. I don't know how much their profit but if they buy at the higher price then they cannot make a profit and only loss their money.


Title: Re: Why is bitcoin price so high?
Post by: chocobo21 on December 22, 2017, 10:54:57 AM
Bitcoin price is very high a few days ago because a lot of people are talking about it on television ! Bitcoin is becoming more and more popular and cryptocurrency is mainstream now ! You can go every where in public and hear people talk about it but I am sure most of them are not invested yet, and when they do it I think we can expect a very big pump for bitcoin ! You see it went from 10 000$ to 20 000$ like it's nothing right 


Title: Re: Why is bitcoin price so high?
Post by: Saftention on December 22, 2017, 12:35:33 PM
it is not bubble but  millionaires start playing with bitcoin price.

no one can explain why bitcoin bumping 1000% in one year and why lost 6000$ in two days only.


Title: Re: Why is bitcoin price so high?
Post by: tackyforce on December 22, 2017, 06:23:26 PM
Currently, bitcoin is the biggest cryptocurrency so far and people have been very interested in it. Since there is the interest coming from the people, this increases the market so the value of it goes higher.


Title: Re: Why is bitcoin price so high?
Post by: AltMoses on December 22, 2017, 06:32:44 PM

When many people are in panic, wise ones are acting to gain more profit.. Just don`t sell at the bottom, contrarywise, it`s a good time to buy


Title: Re: Why is bitcoin price so high?
Post by: just a man on December 23, 2017, 02:47:00 AM
Since the price of Bitcoin is getting high each day, it attracts more investors to invest on it. Because of this the demand in the market is getting high. The higher the demand, the higher will be the cost or value.
Bitcoin is very high right now, the price is at 16k+ so there is a lot of people talking about it. More people will start to invest their savings into Bitcoin.


Title: Re: Why is bitcoin price so high?
Post by: Typogre12 on December 23, 2017, 02:53:38 AM
I really love the bitcoins volatility, yesterday it was down by 12k now its back to 14k. Wish it will now continue to rise.


Title: Re: Why is bitcoin price so high?
Post by: stayeduptolate on December 23, 2017, 03:20:41 AM
The price of bitcoin is so high because the bitcoin become the number one cryptocurrency in all over the country and people know about bitcoin in all over the world  and more people attracted towards the bitcoin in daily life because by seeing the price of bitcoin very high rate and it countinously increasing rapidly . So people attract towards the bitcoin is more to earn the more money in less time which help them to become rich .
there are so many different reason why the price of bitcoin is so high . The first is the demand of bitcoin is countinously increase because of the price of bitcoin is countinously increasing so that the people are more attracted towards the bitcoin by this the number of user of bitcoin is also increase so that price of bitcoin was increasing countinously and reaches to very high price in 2018.


Title: Re: Why is bitcoin price so high?
Post by: allohha on December 23, 2017, 08:42:40 AM
Since the price of Bitcoin is getting high each day, it attracts more investors to invest on it. Because of this the demand in the market is getting high. The higher the demand, the higher will be the cost or value.
Bitcoin is very high right now, the price is at 16k+ so there is a lot of people talking about it. More people will start to invest their savings into Bitcoin.

apparently it's not just Bitcoin's demand in the market, but the fact that the price itself is embedded in the Bitcoin structure itself, and I do not exclude that these figures are very large, you can even say huge.


Title: Re: Why is bitcoin price so high?
Post by: Granxis on December 23, 2017, 02:27:52 PM
Those who think that the price of bitcoin is expensive did not do Bitcoin again, but when Bitcoin dropped to the level of 10k dollars, most people waited for it to fall further and Bitcoin could not make the purchase. Such people are very interesting, Bitcoin is planning to get 100 dollarsof thought.


Title: Re: Why is bitcoin price so high?
Post by: Bessta on December 23, 2017, 02:40:33 PM
Bitcoin had withstood the test of time and more people have realized its legitimacy and started to accept bitcoin's main purpose, thus more people are investing on bitcoin and therefore the demand increased which caused its price to rise.


Title: Re: Why is bitcoin price so high?
Post by: keithieY5 on December 23, 2017, 03:35:26 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

last days we see big player make game with bitcoin price rising and downing without any reason.

good price for bitcoin is 10,000$ 15$-20$ is so high


Title: Re: Why is bitcoin price so high?
Post by: FRJ on December 23, 2017, 04:57:57 PM
Oh!Don't be so doubtful!!Ofcourse the gain is real.I am a minor player(as you defined). I've already gain satisfactory bitcoin.

Ok.You've asked why the price of bitcoin is so high.Actually there is a significant reason of it.You may be know that there are a fixed number of bitcoin in this whole world.But the number of buyers of bitcoin is increasing day by day.So,to cope up the number of supply and demand,the price of bitcoin is so high.


Title: Re: Why is bitcoin price so high?
Post by: ssuchy on December 23, 2017, 07:59:15 PM
Oh!Don't be so doubtful!!Ofcourse the gain is real.I am a minor player(as you defined). I've already gain satisfactory bitcoin.

Ok.You've asked why the price of bitcoin is so high.Actually there is a significant reason of it.You may be know that there are a fixed number of bitcoin in this whole world.But the number of buyers of bitcoin is increasing day by day.So,to cope up the number of supply and demand,the price of bitcoin is so high.
Actually, I completely agree with you, but that's just not Bitcoin saying that demand creates supply. If Bitcoin is limited in its quantity, then the market can not offer more than it asks. It is quite logical. But the price still falls today. How can I explain this?


Title: Re: Why is bitcoin price so high?
Post by: bitcad4u on December 23, 2017, 08:27:26 PM
Oh!Don't be so doubtful!!Ofcourse the gain is real.I am a minor player(as you defined). I've already gain satisfactory bitcoin.

Ok.You've asked why the price of bitcoin is so high.Actually there is a significant reason of it.You may be know that there are a fixed number of bitcoin in this whole world.But the number of buyers of bitcoin is increasing day by day.So,to cope up the number of supply and demand,the price of bitcoin is so high.
Actually, I completely agree with you, but that's just not Bitcoin saying that demand creates supply. If Bitcoin is limited in its quantity, then the market can not offer more than it asks. It is quite logical. But the price still falls today. How can I explain this?






Bitcoin is a digital currency ,now it was accepted by Amazon also and investor of bitcoin also now a days increased so if buyer increased one product the rate also increased simultaneously.But I think 15k$ is not high value as compared to last week of 20k$,so you can inverse now to get some profit.


Title: Re: Why is bitcoin price so high?
Post by: FLoving on December 28, 2017, 10:30:59 PM
Oh!Don't be so doubtful!!Ofcourse the gain is real.I am a minor player(as you defined). I've already gain satisfactory bitcoin.

Ok.You've asked why the price of bitcoin is so high.Actually there is a significant reason of it.You may be know that there are a fixed number of bitcoin in this whole world.But the number of buyers of bitcoin is increasing day by day.So,to cope up the number of supply and demand,the price of bitcoin is so high.
It was high in previous few days but then it went down and now it has started to recover again all this is beauty of bitcoin it keep on giving people opportunities to buy as much as they can and now still there Is time to buy because prices are not that much high and they will soon cross 20k and people will only see the price rising so still who didnít bought has chance to get as this is still very low price so avail this chance.


Title: Re: Why is bitcoin price so high?
Post by: Blueblade on December 29, 2017, 05:49:22 AM
Bit coin first digital currency.This is due to its growth. Users are beginning to increase.It is very popular among the people.Many companies have accepted this. In some countries, bit coin investments are encouraged.Most business is taking a bit of coin. Most investments attract bit coin.This is due to its value.


Title: Re: Why is bitcoin price so high?
Post by: Farma on December 29, 2017, 05:58:04 AM
Oh!Don't be so doubtful!!Ofcourse the gain is real.I am a minor player(as you defined). I've already gain satisfactory bitcoin.

Ok.You've asked why the price of bitcoin is so high.Actually there is a significant reason of it.You may be know that there are a fixed number of bitcoin in this whole world.But the number of buyers of bitcoin is increasing day by day.So,to cope up the number of supply and demand,the price of bitcoin is so high.
Actually, I completely agree with you, but that's just not Bitcoin saying that demand creates supply. If Bitcoin is limited in its quantity, then the market can not offer more than it asks. It is quite logical. But the price still falls today. How can I explain this?






Bitcoin is a digital currency ,now it was accepted by Amazon also and investor of bitcoin also now a days increased so if buyer increased one product the rate also increased simultaneously.But I think 15k$ is not high value as compared to last week of 20k$,so you can inverse now to get some profit.
well, the price increase will keep going. I am sure that bitcoin prices will also be higher. it's because every year, bitcoin users increase, and the amount of investment on bitcoin gets bigger, so it keeps the price higher.


Title: Re: Why is bitcoin price so high?
Post by: harbin55 on December 30, 2017, 04:05:37 AM
 I think it is great opportunity for all of us especially to the investors that the market value of bitcoin is raising so high; with this it will increase the demand of bitcoin and there will be more people engage in the community of bitcoin. I think with this the bitcoin can be promoted in the whole world.


Title: Re: Why is bitcoin price so high?
Post by: xerophore on December 30, 2017, 01:32:10 PM
Because bitcoin has been in great demand by many people in various places with various backgrounds where they have the same goal, which is investing in cryptocurrency. And of course this affects value of bitcoin, which rises from day to day as demand continues to increase.


Title: Re: Why is bitcoin price so high?
Post by: Stedsm on December 30, 2017, 03:11:52 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

Can't be called a bubble but an unexpected spike that was never seen or thought of before.
Reasons why it went up so high:
- Bitcoin gained traction after it surpassed its previous ATH during the beginning of 2017.
- Seeing the spikes, everyone joined the train and went with the flow.
- Afterwards, according to the plans, a "season of forks" came into action. BCH was announced and to get more of what they were expecting from their free money, they started pumping in more cash in Bitcoins.
- Value spiked to more than 20 times in a year itself because of total number of users getting added daily broke records everyday.


Title: Re: Why is bitcoin price so high?
Post by: wxxyrqa on December 30, 2017, 07:25:16 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

Can't be called a bubble but an unexpected spike that was never seen or thought of before.
Reasons why it went up so high:
- Bitcoin gained traction after it surpassed its previous ATH during the beginning of 2017.
- Seeing the spikes, everyone joined the train and went with the flow.
- Afterwards, according to the plans, a "season of forks" came into action. BCH was announced and to get more of what they were expecting from their free money, they started pumping in more cash in Bitcoins.
- Value spiked to more than 20 times in a year itself because of total number of users getting added daily broke records everyday.
I am already tormented by doubts Whether I acted correctly today, I sold ETH and bought Bitcoin. I expected that in the next 2018 we will see even greater growth in the price of Bitcoin, but I think that I am very much mistaken.


Title: Re: Why is bitcoin price so high?
Post by: richardsNY on December 30, 2017, 07:33:25 PM
I am already tormented by doubts Whether I acted correctly today, I sold ETH and bought Bitcoin. I expected that in the next 2018 we will see even greater growth in the price of Bitcoin, but I think that I am very much mistaken.

You did well. Ethereum is on its way down in general due to governments going nuts on ICO's, and let that be Ethereum's main source of growth. Unless they manage to market themselves well enough to realize growth without ICO's and stuff, I don't see much reason for Ethereum to maintain its current higher levels. Bitcoin on the other hand has so much more room for growth, that it only makes sense to have it be the major part of your crypto portfolio. It will be a bullish year again, and especially with more institutions finding their way into Bitcoin, and not to forget lightning network being a realistic option.


Title: Re: Why is bitcoin price so high?
Post by: prabhu on December 31, 2017, 02:14:57 AM
Bit coin first crypto currency. It's most popular in the world . It's used to all digital exchanges. Bit coin now still number one crypto currency. More people used and invest in digital currency. Many companies accepted in bitcoin . Bit coin running in blockchain technology its powerful


Title: Re: Why is bitcoin price so high?
Post by: wawanwawan96 on December 31, 2017, 03:11:39 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
yes this is a fortune because of the high market demand that makes bitcoin rise so fast and also the level of enthusiasts bitcoin very much to make bitcoin prices skyrocketed to the moon.


Title: Re: Why is bitcoin price so high?
Post by: reda on December 31, 2017, 10:52:31 AM
Most of the people hold the bitcoin for the future purposs. If people hold bitcoin low in the market places. So it will incres the prices automatically. If people release the bitcoin. It will down the bitcoin prices. So bitcoin prices is not teable so it will chage any time. You will check the bitcoin prices list day by day. It good opportunity for future invest. Most of the people hold the bitcoin for the future saving, future invest, improve business process, so people hold the bitcoin.


Title: Re: Why is bitcoin price so high?
Post by: tonlong on December 31, 2017, 11:34:23 AM
People are speculating, the amount of bitcoin in the market is not much it will push prices up. But more importantly, bitcoin is indeed the future payment medium.


Title: Re: Why is bitcoin price so high?
Post by: Wasurod on December 31, 2017, 06:03:02 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

Demand is the main reason which make prices is so high. bigger players millionaires and now they use them bitcoin to increasing them income "open new forks".

Is this a bubble? No bitcoin is more strong than bubble.


Title: Re: Why is bitcoin price so high?
Post by: Biscutard on December 31, 2017, 08:36:50 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

Demand is the main reason which make prices is so high. bigger players millionaires and now they use them bitcoin to increasing them income "open new forks".

Is this a bubble? No bitcoin is more strong than bubble.
Everytime forks hit expect that the price will going to rise which makes those early adopter getting richer. As a new player who enters to their game you should have to learn everything they want so that you will become successful too despite the fact the you are just a beginner.


Title: Re: Why is bitcoin price so high?
Post by: Maddinson100 on January 02, 2018, 10:01:46 AM
Since the price of Bitcoin is getting high each day, it attracts more investors to invest on it. Because of this the demand in the market is getting high. The higher the demand, the higher will be the cost or value.
Bitcoin is very high right now, the price is at 16k+ so there is a lot of people talking about it. More people will start to invest their savings into Bitcoin.

Simple because more and more people are investing in crypto and the best option for their investment is only bitcoin. Due to a huge investment ratio the price is growing high and high. Although it is dropping in these days but in the next year the price will go up again and the investors will make a huge profit. Just hold your bitcoin if you have and wait for some more time because the future is of bitcoin.


Title: Re: Why is bitcoin price so high?
Post by: cybersofts on January 02, 2018, 04:36:25 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
The bitcoin price is down for about two weeks because of the market correction, but it appears the price started recovering good for now, because the bitcoin price gains about 8% increase in value today. so, if you want to invest in bitcoin, now is definitely the time before the price skyrockets again.


Title: Re: Why is bitcoin price so high?
Post by: Choii on January 02, 2018, 05:38:18 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
The bitcoin price is down for about two weeks because of the market correction, but it appears the price started recovering good for now, because the bitcoin price gains about 8% increase in value today. so, if you want to invest in bitcoin, now is definitely the time before the price skyrockets again.

Yes your right, the value or price now is started to recover for his drop. And i think this is the time to invest and buy more bitcoin because like what other said bitcoin value continue to increase.


Title: Re: Why is bitcoin price so high?
Post by: KEPLER99 on January 03, 2018, 08:09:50 AM
I really love the bitcoins volatility, yesterday it was down by 12k now its back to 14k. Wish it will now continue to rise.
The price is so high because bitcoin is the leading crypto in the world and the people trust it most and thatís why they are putting their savings in bitcoin for earning more and more money. People are interesting in bitcoin and they want their friends and relatives to buy bitcoin for getting rich so it is also a way of bitcoin popularity and high investment ratio has given bitcoin the top position in the market.


Title: Re: Why is bitcoin price so high?
Post by: Meycell on January 03, 2018, 10:04:29 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
iys prove that bitcoin is investment for future so the price so high
i think bitcoin will reach high price again in the next so don't forget to buy now and saving


Title: Re: Why is bitcoin price so high?
Post by: Genosx on January 15, 2018, 07:40:16 AM
If we used the principles of law of supply and .demand;  the reason behind why thr market value of bitcoin is increasing to high because of its lots or loads of supports of investors in their services provided If there is a high demand the market value will increase;  in other words there is a direct relationship between these two ideas.


Title: Re: Why is bitcoin price so high?
Post by: Zicadis on January 15, 2018, 09:38:07 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
To be honest bitcoin having the biggest and most active crypto community and most investors supporting it i think we have not yet seen its full potential, and AFAIK price is not yet high enough looking at how much demand for bitcoin that exists and ofcourse the gains are very much real.


Title: Re: Why is bitcoin price so high?
Post by: Lpim01 on January 15, 2018, 10:38:55 AM
Imagine how far we came through at it's present price since from it's existence. No other form of investment can compared it's growth rate. This all things happen just because we made it and let it go that way. People are trusted this and they totally invested, that's make it grows wildly in the market.


Title: Re: Why is bitcoin price so high?
Post by: kralnewb on January 15, 2018, 10:58:16 AM
Due to people's demand and supply and fork, i believe that this was the main reason but today you really can't tell if you will gain by this price compared to the transaction fees itself? It was insane for a small transaction to pay almost half of it.


Title: Re: Why is bitcoin price so high?
Post by: Chris314 on January 15, 2018, 11:39:28 AM
Bitcoin price so high? What should be the good price in your opinion? 1$, 10$, 1000$?
It was around 1000$ a year ago, and I'm sure there were already threads asking why bitcoin is so expensive at that time.
As said earlier, the price is fixed with buyers and sellers. If bitcoin remains above 10k$ although it encounters high tx fees at the moment means there's still people to believe in it.


Title: Re: Why is bitcoin price so high?
Post by: DaftAjax on January 15, 2018, 12:16:39 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
yes this is a fortune because of the high market demand that makes bitcoin rise so fast and also the level of enthusiasts bitcoin very much to make bitcoin prices skyrocketed to the moon.
Although it really does a big pump compare from the past years, I still think that somewhere around 15 ~ 25% of its pump is bubble, not to mention it suddenly dump from the recent charts. I mean yes, we could compare that to a skyrocket, we know that a skyrocket is a massive object that'll lift to sky, but then not all of it is going to stay intact, it needs to disengage some of its parts in order for the remaining parts to move. So what I'm saying is that the big pump of Bitcoin is not really all of that numbers, see from around 19K its now 14K ~ 16K.

I'm not saying that it is all bubble, just some of it.


Title: Re: Why is bitcoin price so high?
Post by: skarais on January 15, 2018, 01:28:25 PM
I think it's realistic if bitcoin prices continue to rise so high right now, because bitcoin has provided various advantages to users and investors who have invested in bitcoin, and the high bitcoin price is technically due to the high level of demand in the market, but it certainly is supported by the increasing popularity of bitcoin so as to attract investors to invest in bitcoin.


Title: Re: Why is bitcoin price so high?
Post by: Laghertha on January 15, 2018, 01:37:05 PM
The value is that attributed to criptovaluta that is untraceable digital currency.
Bitcoins are increasingly used


Title: Re: Why is bitcoin price so high?
Post by: DaftAjax on January 15, 2018, 03:19:05 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

Demand is the main reason which make prices is so high. bigger players millionaires and now they use them bitcoin to increasing them income "open new forks".

Is this a bubble? No bitcoin is more strong than bubble.
I think demand is still not the word to describe it. I think those investors or so called whales, and also those big companies that have already expanded in online, and recently have adapted Bitcoin as their medium. Because of this the price of Bitcoin suddenly gone up, to the point that it almost reached four times its price from last year.


Title: Re: Why is bitcoin price so high?
Post by: MaitoMaito on January 15, 2018, 03:26:48 PM
High, but also the dammit fees is so big! I.e. dude tried to withdraw 500 USD worth of BTC, - 250 USD worth of BTC. And another one - mate tried to send 0.05 BTC from BC wallet & the fees cost $34.65. HELL! Everything is high without any exceptions)


Title: Re: Why is bitcoin price so high?
Post by: CoachCarter on January 18, 2018, 02:53:34 PM
it is so high because many uses it and it is so useful for many, and it is easy to transact using it and everyday many users buy stock that's why the price of it always increasing and it is too high in the market.


Title: Re: Why is bitcoin price so high?
Post by: whyrqa on January 18, 2018, 09:47:42 PM
it is so high because many uses it and it is so useful for many, and it is easy to transact using it and everyday many users buy stock that's why the price of it always increasing and it is too high in the market.
I think that you are a bit mistaken about the use of netcoin, because the infrastructure for users is not ready yet. It's almost non-existent so that you can use Bitcoin without problems. But the fact that the demand for the crypto currency has grown very much, it really is. Perhaps because of the demand for Bitcoin, its price has risen very high.


Title: Re: Why is bitcoin price so high?
Post by: Blueblade on January 19, 2018, 12:51:17 PM
Bitcoin number one crypto currency in the whole world. Bitcoin first and old crypto currency in this world .Bitcoin running unique  technology in blockchain. Bitcoin is limited to a certain amount.No one can create it too much.


Title: Re: Why is bitcoin price so high?
Post by: bozo333 on January 19, 2018, 05:10:59 PM
Bitcoin number one crypto currency in the whole world. Bitcoin first and old crypto currency in this world .Bitcoin running unique  technology in blockchain. Bitcoin is limited to a certain amount.No one can create it too much.

Nowadays most of the people buy and hold for the future growth and invest for the future. If hold the coin prices will be increase. market value will be change. If release coin prices will be go down. So before you will sell and buy. you will check the prices list in the market place. It will give more information.  Bitcoin prices is any time to change.


Title: Re: Why is bitcoin price so high?
Post by: stayeduptolate on January 20, 2018, 04:18:42 AM
Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?


The bitcoin price is so high because the number of investors multiplied and the higher the demand, the higher the price. Investors are attracted to the number cryptocurrency which is bitcoin because the bitcoin users are also increasing especially when bitcoin was featured through the first bitcoin billionaires which is the Russian twins.
Bitcoin is also the number one cryptocurrency because of its ability and potential to change the life of many individuals, as we can see we have a strong foundation and blockchain for this, as well as a lot of popular businessman has devoted their time and money here, it means that they trust bitcoin a lot so why not do the same.
there are lot of different reason why the price of bitcoin is so high . The first reason is the demand of bitcoin towards the people is very high that's why the price is also high. The second is the number of user of bitcoin from all other cryptocurrency  is very high that's also affect the price of bitcoin . The third reason is the market value of bitcoin is also high if we compare from other cryptocurrency. The last is bitcoin is famous in all over the country.


Title: Re: Why is bitcoin price so high?
Post by: Clarkduco on January 20, 2018, 01:46:33 PM
The demand on bitcoin is very high, and that is a major factor why bitcoin values are so high. However, it seems bitcoin now sufficiently corrected from the peak value.


Title: Re: Why is bitcoin price so high?
Post by: ssuchy on January 20, 2018, 09:57:09 PM
Bitcoin number one crypto currency in the whole world. Bitcoin first and old crypto currency in this world .Bitcoin running unique  technology in blockchain. Bitcoin is limited to a certain amount.No one can create it too much.

Nowadays most of the people buy and hold for the future growth and invest for the future. If hold the coin prices will be increase. market value will be change. If release coin prices will be go down. So before you will sell and buy. you will check the prices list in the market place. It will give more information.  Bitcoin prices is any time to change.
so very rational for information applies to very few users of crypto currency. Almost half react very sensitively to all fluctuations and changes in the price of the crypto currency, including Bitcoin. As soon as there are some unforeseen circumstances, everyone starts to buy or sell quickly. This of course is very influenced by the overall rating of Bitcoin. Apparently all these advertising manipulations achieve their goal.


Title: Re: Why is bitcoin price so high?
Post by: selline on January 21, 2018, 06:06:09 AM
This can be predicted that at a price of bitcoin each day, seconds, or minutes against the certainty that occurs in the bitcoin prices so high that because we knew all along that the price changes often occur sometimes bitcoin in height up to to the Summit to the moon but sometimes also weakened at the moment now that we all are feeling it but I am sure it will bring light to the point of bitcoin.


Title: Re: Why is bitcoin price so high?
Post by: Rsj91 on January 21, 2018, 08:15:40 AM
Current price i.e $12K is not higher anymore. Now bitcoin deserve to be around $20K(stable and uptrend) in couple of month


Title: Re: Why is bitcoin price so high?
Post by: tricker01 on January 21, 2018, 08:54:26 AM
This can be predicted that at a price of bitcoin each day, seconds, or minutes against the certainty that occurs in the bitcoin prices so high that because we knew all along that the price changes often occur sometimes bitcoin in height up to to the Summit to the moon but sometimes also weakened at the moment now that we all are feeling it but I am sure it will bring light to the point of bitcoin.
As I concerned bitcoin value now are dropping down due to banning of this coin in some countries. Apparently all I know the reasons why this coin is so high because of continues supports of many people.
Because of them the price of this coin in the market were continues increasing, I was looking forward that someday this coin will become more famous in digital society.


Title: Re: Why is bitcoin price so high?
Post by: sarjilcse on April 26, 2018, 08:06:05 PM
The Bitcoin price is so high just because Bitcoin is gonna be Number one cryptocurrency and right now also number One!
The main reason is investor..there is so many investor in bitcoin around the world..day by day btc gain lots of investor that's because the market is going to be high.so why not? if they invest a little amount and gain more than 3X within 2 or 3 months they must invest..seems btc gonna more than $20k in the middle of the 2018 !!


Title: Re: Why is bitcoin price so high?
Post by: Nazmul012 on April 29, 2018, 06:38:31 PM
Bitcoin price has stratospherically risen leaving minor players with massive gains
and bigger players millionaires.
 Is this a bubble? Are the gains real?
Due To a lot of popularity and continuously invest with bitcoin,,
this reason always keeps the bitcoin price high.
 but as you ask that is this a bubble or not, then let you know that
i believe that its quite true cause bitcoin Is unpredictable,
it can hit 100K$  or fall down 100$ anytime. nothing is impossible here...


Title: Re: Why is bitcoin price so high?
Post by: quovadiz on May 06, 2018, 01:28:03 PM
Bitcoin has been unbelievable expensive price because of the highly profitable platform. people are becoming dependent on this system day by day for the purpose of making a profit. That's why the price of Bitcoin is getting high nowadays.
people are getting expectation because  in past people have already got a very good profit, therefore still people are expecting that they will even now get a very good profit from bitcoin investment. i think that they are right because still bitcoin price is trading in a low price and there are more chances that its price will increase too much in near future.


Title: Re: Why is bitcoin price so high?
Post by: tankus on May 18, 2018, 09:16:46 PM
In my own opinion, this is happening because Bitcoin as shown it worth over the past years and how reliable it could be, thereby attracting more investors(increasing the demand for Bitcoin and also increasing it price).


Title: Re: Why is bitcoin price so high?
Post by: Baronggot on May 18, 2018, 11:21:52 PM
That's because of the demand of the people that keeps on growing each day. Consider its market capitalization and you will see how big it is and that's how you can imagine how bitcoin is really in demand than any other cryptos in the cryptoworld.