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wizmo
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November 20, 2017, 01:31:09 PM |
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I think because there is huge demand for bitcoin now people are willing to buy it even if price reaches all time high because they knows that bitcoin price will always increase and they would get good return if they invest in bitcoin for long term. I think in next few years bitcoins will be more popular than now when people around the world including big companies start investing in it.
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2taps
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November 20, 2017, 01:33:18 PM |
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Bitcoin is so expansive nowadays because bitcoin has been growing really hard in popularity witch led to more investors and those investors saw potential in bitcoin.
And they all are investing in it to make money and now the value is really high and more people join every day.
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SandaraPark
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November 20, 2017, 01:33:40 PM |
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As the bitcoin user increases, definitely the number of bitcoin that is expensive will also increase. It is just a matter of time that bitcoin became expensive. In what I've read, last month 1BTC is more or less 300,000 PHP (currency in our country), while today it is 423,751.00 PHP
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kier010
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November 20, 2017, 01:43:09 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.
it is expensive because of its demand and bitcoin becoming more popular in this coming days. bitcoin value is not that expensive in the beginning. remember the guy who bought two pizzas for 10,000 bitcoins?. fiat money is also a paper why does it have a value? because it has a purpose and uses the same also for bitcoin. the difference only is that fiat money is physical and bitcoin is digital. |
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duongdaiduong
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November 20, 2017, 01:46:12 PM |
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Bitcoin is so expansive nowadays because bitcoin has been growing really hard in popularity witch led to more investors and those investors saw potential in bitcoin.
And they all are investing in it to make money and now the value is really high and more people join every day.
I agree with you . In the future, Bitcoin will dominate all markets as Bitcoin is an attractive destination for investors and more recently, securities investors are looking to enter the market. |
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oegarod
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November 20, 2017, 01:47:19 PM |
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This is completely based on the growth happening with time. If you think of the past, when the internet got invented very few domains were available. Also getting those domains were highly impossible as millions need to be spend. Similarly we are in an time where change is happening from one form to another making it expensive. Still people can afford according to their ability.
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jazz21
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November 20, 2017, 01:50:38 PM |
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Bitcoin is expensive due to global adoption and increase in demand of bitcoin makes it expensive in the crypto market. In US most of the universities started accepting bitcoins as a mode of payment of fees. As days pass by more and more users are coming into the bitcoin network which is also a good factor to increase the value of bitcoin. (paraphrase) i agree about what he said.
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btcprospecter
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★777Coin.com★ Fun BTC Casino!
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November 20, 2017, 01:53:16 PM |
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As more and more people want bitcoin its price grows with it. The way things are going with bitcoin soon you would not need a full bitcoin to be relatively well off with it.
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cratez
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November 20, 2017, 01:57:16 PM |
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The more investors, the more expensive cryptocurrency. Bitcoin very popular for investment now. This explains its high cost.
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sehanmaxx01
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November 20, 2017, 02:01:54 PM |
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bitcoin continues to grow up and being known many people are getting interested its because they saw the real effect when using this,and now people are continue using these in many various ways  |
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oyoW9Pie8oh
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November 20, 2017, 02:10:27 PM |
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Because high demand which make any one try to get bitcoin this make price increase + no one can control bitcoin (add more coins , control supply )
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znapitf1
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November 20, 2017, 02:14:18 PM |
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Bitcoin is very costly currency,because bitcoin is good investment and currency.we can send and receive the money without any bank.bitcoin is unstable currency and bitcoin has demand also.
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messi1306
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November 20, 2017, 03:04:40 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.
Bitcoins are expensive because bitcoins are increasingly being exploited and many people know about bitcoin. The demand for bitcoin is high so the bitcoin price is very high. |
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hujanderas
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December 02, 2017, 10:32:56 AM |
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This is because bitcoin has many users and investors, therefore demand is getting higher and bitcoin is growing, as bitcoin continues to grow and is known for its true effects while using this, and crypto, because crypto has the potential to manage its money.
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harrypotter1229
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December 02, 2017, 10:34:43 AM |
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Bitcoin is scarce, people do not have more power and resources, and there are not many investment channels, so bitcoin has become a good way of investment for ordinary people.
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eann014
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December 02, 2017, 10:38:07 AM |
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I think it is because of the many
users and investors in bitcoin.
That's true, that is really the main reason why bitcoin price become expensive and become higher. For me this is a good news for all of us. We all have a ATHs of bitcoin that a lot of us gets benefited from it. |
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andylioe78
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December 02, 2017, 10:44:56 AM |
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Bitcoin is very expensive because of the limited amount of currency, in addition to the number of advertisements on various social media that say bitcoin will be the global currency which is a very costly bitcoin making factor.
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Wyne
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December 02, 2017, 10:53:58 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.
Bitcoins is so expensive simply because of the increasing number of investors who trusted bitcoins. Meaning, there are many demands of it. So, more people who invest in bitcoins the more expensive it becomes. |
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alexandrofff
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December 02, 2017, 11:02:23 AM |
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Currently bitcoin mining uses specialized computers called ASICs which are specifically designed to solve the puzzles requires to mine bitcoin. Due to their specific nature, the machines are custom designed and manufactured. As they are not mass produced, they cost more to buy.
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Bitcoinismylife12345
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December 02, 2017, 12:58:27 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.
The reason of why bitcoin price is too expensive is because of this digital currency having limited supply while having greater demand that continuously increasing day by day. Many people started using and investing in it, and it making bitcoin community grows. The more users used it, the more bitcoin price will be higher and more valuable. |
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