Sembara
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January 11, 2018, 07:21:56 AM |
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bitcoin becomes very expensive one of them is due to the limited amount of currency, in addition to his many ads in various social media that tells that bitcoin will be a global currency is a factor that makes bitcoin very expensive
Yes, I very much agree with your opinion. Because of the Bitcoin is a virtual currency which someday will look for many people and its price can be very expensive. And I believe it. |
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Malintha1996
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January 11, 2018, 07:56:40 AM |
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It's true that bitcoin is expensive.I think the reason for this is every one holding bitcoin for further investment. Since there will be a finite volume of bitcoin in the market when the trade rate decrease the value will obviously go up. It is known that bitcoin started its value from few dollors but today the value is thuosonds times of its initial value.This growth of value is also a reason for people to hold bitcoin.However we should know that bitcoin is not the fundamental value. 1 bitcoin is 100 millions of sathoshi also 1 bitcoin is about 13000 usd .This implies that sathoshi is much cheaper. When it comes to millions of sathoshi it's true that it's expensive.
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Fappanu
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January 11, 2018, 11:14:02 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.
Its value is so expensive because bitcoin wants us to be inspired to have a great amount of money or some day. Now the price of 1 btc has reached half a million pounds so expensive. Many people seek to have such a high amount of money for themselves to spend or invest in other things. Due to the bitcoin value increase, many want to earn half a million pesos for their personal needs. Hopefully, only the bitcoin value will increase so many people will try to use it. |
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shellsshells
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January 11, 2018, 11:26:22 AM |
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Supply and demand. The more people want it, the more expensive its going to become.
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Umar001
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January 11, 2018, 11:38:09 AM |
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Bitcoin is extremely expensive because of it value, bitcoin has cure all the bottle neck of raw cash, with bitcoin you can aquire any products you want with bitcoin without unecessary stress.another thing that makes bitcoin expensive, is high demand of bitcoin, of bitcoin. All this factor contribute, to what make bitcoin to be expensive.
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Wayan_Pedjeng
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January 11, 2018, 11:44:00 AM |
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Bitcoin is expensive because the supply is not keeping up with the demand. And with every passing year, the supply is getting reduced. I am not complaining, as the prices are rising and I am gaining out of it. If you think that Bitcoin is too expensive, then there are a lot of other options out there.
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icoprofits
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January 11, 2018, 11:50:54 AM |
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Bitcoin cheap as of now the real price of bitcoin is 1 million dollars the reason is limited supply and lot of demand and technology behind bitcoin
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lucas.zimmer
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January 11, 2018, 11:54:38 AM |
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Bitcoin cheap as of now the real price of bitcoin is 1 million dollars the reason is limited supply and lot of demand and technology behind bitcoin
The question's answer is pretty much relative. Expensive concept can be different for different people. But if you are asking when it rises and falls then answer is the balance between supply and demand. |
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Lodipetmalu
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January 11, 2018, 11:57:48 AM |
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The only reason why bitcoin is ver expensive due to many people had interest on bitcoin. The more the people get involve on it, the price become higher. Many advertisers promote bitcoin in many ways that's why the is suddenly increase of people attracted, resulting to increase in price of bitcoin.
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acener
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January 11, 2018, 12:11:42 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.
I think what makes bitcoin so expensive, especially against all other cryptocurrencies is the fact that it is one of the longest running online currency in the internet. Not to mention it's popularity to people which is merely rising with the help of the social media advertisements. All these makes it in demand that's why it is expensive. |
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Asuspawer09
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January 11, 2018, 12:16:36 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.
Bitcoin is a cryptocurrency but not just what it is. It's value is greater than the ordinary fiat. But saying it is expensive, not really. It is your choice of you will make it or go to something that will cost you that much. This could also be based on how much you thing of or how you define expensive. |
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danielleZ
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January 12, 2018, 05:32:11 AM |
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Bitcoin has less number of coins than the actual demand. That is the main reason of the price surge. Less supply, High demand.
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joshua05
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January 12, 2018, 05:40:17 AM |
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why bitcoin is so expensive? correct me if im wrong, but bitcoin is now so popular and widespread in the world, and because of the bitcoin demand in the market, the price of bitcoin increases, but I'm not sure that I know why it's so expensive, because the bitcoin is not quite popular and its price is so expensive yet today it's so expensive
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zitbau
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January 12, 2018, 05:40:51 AM |
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I think Bitcoin is very expensive because it is invested in a big, real source of future life, it is also an effective payment
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readygoaw
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January 13, 2018, 06:47:32 PM |
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Bitcoin cheap as of now the real price of bitcoin is 1 million dollars the reason is limited supply and lot of demand and technology behind bitcoin
Expensiveness of bitcoin is not an obstacle for buying it. Users can buy some fractions of this coins – Satoshi. The high price of one coin can be explained by its popularity first of all. |
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coromabur
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January 14, 2018, 12:48:09 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.
may be bitcoin very expensive because the enthusiasts who join in bitcoin more and more, investors are also increasingly investing in bitcoin and the number of people who make sale and purchase transactions in bitcoin so that the popularity of bitcoin prices higher. |
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btcdepo
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January 14, 2018, 08:58:10 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.
I think what makes bitcoin so expensive, especially against all other cryptocurrencies is the fact that it is one of the longest running online currency in the internet. Not to mention it's popularity to people which is merely rising with the help of the social media advertisements. All these makes it in demand that's why it is expensive. there is no such a thing like expensive or cheap. I mean we cannot label it so easily as it should be interpereted from the frame of supply and demand. there are different parameters to evaluate this. if we come back to your question about why btc price rose so much, the answer is the demand rise. |
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Genosx
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January 15, 2018, 06:20:20 AM |
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The reason behind why the market value of bitcoin is ranging so high in the world market is because of they have a huge, huge, huge demand in the whole world.
They have loads of supports in different country most especially in United States of America. Through a high demand it occurs a huge impact on the market value which resulting to increasong upon its price.
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moli1
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January 15, 2018, 07:58:45 AM |
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This Week in Bitcoin: Kraken, Korea and a Whole Lotta Crazy..
This week in bitcoin was all about Korea, although every week in bitcoin is all about Korea.
Markets dropping? Blame Korea. Markets soaring? Credit Korea. Zero fee trading sends a pointless altcoin pumping?
You bet it comes from Korea. While real news, fake news, and news whose legitimacy is a matter of dispute emanated from the east, there were big stories breaking stateside, like the Miami bitcoin conference that can’t take bitcoin.
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praveenweera1996
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January 15, 2018, 08:06:31 AM |
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This is on the grounds that the bitcoin has numerous clients and investors,that's the reason the request is getting higher and the bitcoin is getting rich,as the bitcoin keeps on growing up and being known many individuals are getting intrigued this is on the grounds that they saw the genuine impact when utilizing this,and now individuals are keep utilizing these in numerous different ways.And many factor of being the most costly crypto,because bitcoin is the worldwide cash as I say it is the most known crypto,and it can possibly administer the cash.
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