Elijahxx
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December 24, 2017, 07:38:18 PM |
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With an increase in accessibility and popularity comes an increase in demand, which the current supply of bitcoins can’t seem to keep up with.
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Zacharyw
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December 24, 2017, 07:41:24 PM |
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this is simple actually supply demand issue
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heringasem
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December 24, 2017, 07:42:49 PM |
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Just buy, i dont care about the price, everytime that i have some money ready to invest i try to buy as much as i can. The price i decided by people, just supply and demand, nothing more than this.
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Oiomure
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December 24, 2017, 07:51:18 PM |
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The last year, bitcoin has proven itself. What I tell my friends now, is as long as bitcoin is under $10,000, it's your chance to get in. For those of you think it's too expensive, if you look in the rearview mirror, bitcoin has gone up 10x in the last year
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tengek37
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December 24, 2017, 08:21:03 PM |
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With an increase in accessibility and popularity comes an increase in demand, which the current supply of bitcoins can’t seem to keep up with.
I agree with you that the demand and total supply of Bitcoin is unbalanced. Bitcoin is becoming famous and has been accepted in some developed countries and I am sure that by 2018 the price of Bitcoin will continue to rise. |
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furry04
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December 24, 2017, 08:28:06 PM |
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It is a completely new thing which has attracted so many investors and when demand increase and there is a low supply the price increases whatever it is. I hope the price gets higher.
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drawoh14
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December 24, 2017, 08:35:15 PM |
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Bitcoin is so expensive if it will be converted to my country's currency it will cost hundred of thousands.
Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
It is simply because of massive trading and pumping due to bitcoin's popularity and demand. The more will go with bitcoin the more it will be expensive |
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Laodungchun
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December 24, 2017, 08:42:32 PM |
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Bitcoin is getting expensive or shall i say it is gaining it’s real value because of growing worldwide popularity,acceptance as well as it’s own characterstics/advantages. The prices are expected to be rising in future as well because market sentiments are positive.
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Cryptoqas
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December 24, 2017, 09:06:03 PM |
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because its widely accepted and recognized now .. plus 21 millions bitcoins only for a total population of 6 billion.. make it a rare holding
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fistteam
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December 24, 2017, 09:07:10 PM |
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The price of bitcoin increases or decreases depending on the need to use it. At the increased bitcoin level, the number of known bitcoins increased, and the demand for bitcoin increased. so its price increases.
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cryptocollecter55
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December 24, 2017, 09:23:05 PM |
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frist of all the price of any product depends on it's supply and it's demand.the same thing is happen with bitcoin cause the supply of bitcoin is fixed (21 millions) but the demand of bitcoin incresing day by day.that is the main reason of is bitcoin so expensive.
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CoinFoxs
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Campaign Management & Translation Service
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December 24, 2017, 09:23:29 PM |
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Because of high demand in the market.
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HoaNguyen
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December 24, 2017, 09:35:59 PM |
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Currently, the price of Bitcoin is undergoing rapid decrease of the exchange rate, down to 13,000 dollars, I predict this is the temporarily reduced rates due to the Christmas event. Explaining the reasons Bitcoin is always expensive because of the nature of Bitcoin is a crypto limited, finite as other currencies. The current Bitcoin has become popular and a phenomenon in the world, making a lot of people want to own and invest in Bitcoin, Bitcoin exchange rates led to rapidly increasing and becoming very expensive.
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ShiroThe5th
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December 24, 2017, 09:39:04 PM |
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it depends on where you country leave. here in our country 1 btc is worth an almost a million. bitcoin are getting more popular so bitcoin are expensive. bitcoin is not expensive it matters where you live.
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fer3219
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December 24, 2017, 09:45:01 PM |
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This is usual in the cryptomarket and we don't be surprised cause we know every step back bitcoin do its a potential skyrocket to the moon, just hold your bitcoin and don't be afraid , don't see the media cause the will say to you bitcoin its a bubble (they keep telling us the same over and over again in the past months )
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coinholder51
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December 24, 2017, 11:18:51 PM |
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Bitcoin is so expensive if it will be converted to my country's currency it will cost hundred of thousands.
Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
Because it is not only a cryto currency but also a digital asset.It's more advance then fiat currency and also its only 21 mln in total supply.so the more people know the bright future about it the more people buy and hold it.besis on the supply and demand formula its price is increase day by day i think  |
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tabas
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December 24, 2017, 11:21:37 PM |
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Because of high demand in the market.
And also the fees before making it more expensive but now it looks like the price of fees are calmed down and it's not that expensive anymore. With the price of bitcoin and converting it through fractions making it expensive but it's not like that anymore. |
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Bryan13
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December 24, 2017, 11:45:54 PM |
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Because there is so many user of bitcoin now or investor, so the value keep getting higher and higher.
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BeGoods
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December 25, 2017, 12:14:12 AM |
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Bitcoin is so expensive if it will be converted to my country's currency it will cost hundred of thousands.
Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
Because it is not only a cryto currency but also a digital asset.It's more advance then fiat currency and also its only 21 mln in total supply.so the more people know the bright future about it the more people buy and hold it.besis on the supply and demand formula its price is increase day by day i think Yeah because the number of bitcoins is limited just 21 million. so that when a lot of people come to use bitcoin and invest in it. it will make bitcoin price keep getting more expensive. because supply will not be proportional to the huge amount of demand. and it makes the future at bitcoin prices to be very expensive. from which it forms the higher bitcoin price |
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topkhai
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December 25, 2017, 12:23:07 AM |
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Bitcoin is so expensive if it will be converted to my country's currency it will cost hundred of thousands.
Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
Bitcoin is developed w/ idealism that a good currency isn't controlled by government or central bank. This concept appeals many people to start investing their assets. Bitcoin is believed to be a currency and a universal commodity without being affected banking crisis so prices will continue to soar. And this makes bitcoin very expensive until now |
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