alex0792
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December 20, 2017, 04:35:40 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.
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bigdude
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December 20, 2017, 04:54:20 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.
BTC is trying to fix it by adjusting the network with its "lightening" network but it isnt working, and even if it theroically does, its scheduled for 3 years out by that time... the world has moved on man lol |
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mithon2017
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December 20, 2017, 05:02:53 PM |
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Yes I suggest that, Bitcoin is so expensive because.. Bitcoin is the first oldest online currency of online Market place. Many people are use it and they believe that, Bitcoin changed there life and helping Changing there economy problem. The present market, Bitcoin price by are so high and day by day it's price are increasing. So automatically it's make so expensive. More over every people are use it. It every transaction are easy and no risk. So you can use it. More than you can also saving online wallet and before you can invest it.. finally you can got lot of no money. So Bitcoin is so expensive
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Peashooter
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December 20, 2017, 05:09:54 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.
There are lot of reason why bitcoin become so expensive. First of all the price of bitcoin was totally high and its because of high demand on online market or trading sites. If the demand is so high the price of bitcoin will also increase and it may lead to a high income and more money. |
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daduremi
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December 20, 2017, 05:26:02 PM |
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Bitcoin is created limited, this is so that bitcoin remains valuable. And this is successful, the last few years bitcoin prices really skyrocketed. This is because people believe that bitcoin values will continue to rise and rise, even for now almost everyone around the world wants bitcoin.
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lusiaga
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December 20, 2017, 05:27:50 PM |
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The reason why this currency becomes expensive is because bitcoin itself can not be beaten by any government because bitcoin itself is formed from user to user so that managing is the user itself and has been much use of bitcoin from around the world so it is not possible to close the currency because it is not in any authority and if you want to close the bitcoin currency may be done by making regulations around the world if bitcoin is prohibited its use and of course not all countries will come down and this is what makes this currency will be expensive and continue to increase.
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pradeepballa
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December 20, 2017, 05:31:36 PM |
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Because of its cryptocurrency latest blockchain technology it got so popular.  |
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Dani33
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December 20, 2017, 06:13:43 PM |
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Bitcoin is so expensive because the number is limited then there is much demand for the profit that could bring in long term, further because is the most popular crypto currency
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coinoberg
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Get your share of the future
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December 20, 2017, 06:17:17 PM |
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Bitcoin is so expensive because the number is limited then there is much demand for the profit that could bring in long term, further because is the most popular crypto currency
That is the answer, demand! Supply & Demand is the essential of any market available now and then. If price is rising it means that demand is rising. If price is dropping it means there is less demand and more fear. Not just crypto market, all the other markets work in the same way. |
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sunsilk
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December 20, 2017, 06:30:40 PM |
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As bitcoin is on a correction now, do you think it is still expensive?
To take it seriously, bitcoin is expensive in some countries because of the demand that it gets and for rich countries or first world countries bitcoin is still not that too expensive.
It depends on where you live and definition of what is expensive and cheap.
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oemar bakrie
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December 20, 2017, 06:42:38 PM |
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The development of the times and interests of investors is very high that makes bitcoin higher than the real money,,
And World market demand to use bitcoin as a means of payment of current currency substitutes is very high..
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rudox
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December 20, 2017, 06:48:05 PM |
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Bitcoin is costly because of the high demand which is caused by the worldwide acceptance of bitcoin for business transactions and to procure services and pay for goods.
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lucas.zimmer
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December 20, 2017, 06:53:45 PM |
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It makes no sense to call Bitcoin expensive, it is like calling dollars expensive. You know you can just by a fraction of it? You can buy down to 1/100 millionth of a Bitcoin. This is called a satoshi, after the inventor of Bitcoin. Think of a satoshi as the cryptocurrency and a Bitcoin just as a word for 100 million satoshis. Now it isn't really expensive is it? It is too cheep even.
All the bitcoins in the world cost billions of dollars, is that what you mean by expensive? If that is the case, then take a notice that the amount of money in the world is easily in trillions. That makes Bitcoin an insignificant part of it and it is technologically far superior to fiat currency.
Expensive-cheap concept is pretty much relative like hot-cold. Everything's value is identified how much demand there is for it. If there is more demand then price increases and the people who wants that doesn't call expensive. |
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playboy654
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December 20, 2017, 06:59:50 PM |
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It makes no sense to call Bitcoin expensive, it is like calling dollars expensive. You know you can just by a fraction of it? You can buy down to 1/100 millionth of a Bitcoin. This is called a satoshi, after the inventor of Bitcoin. Think of a satoshi as the cryptocurrency and a Bitcoin just as a word for 100 million satoshis. Now it isn't really expensive is it? It is too cheep even.
All the bitcoins in the world cost billions of dollars, is that what you mean by expensive? If that is the case, then take a notice that the amount of money in the world is easily in trillions. That makes Bitcoin an insignificant part of it and it is technologically far superior to fiat currency.
Expensive-cheap concept is pretty much relative like hot-cold. Everything's value is identified how much demand there is for it. If there is more demand then price increases and the people who wants that doesn't call expensive. Because of reach of bitcoin is unbelievable in all countries people in the world trust bitcoin very much like their own currencies that's why bitcoin is so expensive when comparing to other currencies in the world. |
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amin1372
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December 20, 2017, 07:02:24 PM |
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I think it is so expensive because somebody is need it.
It seems people make it so expensive and it's not related just to one person |
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xGeraValerax
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December 20, 2017, 07:04:02 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.
you're lucky if at least the minimum part of it is kept in your wallet)) you will be a respected person in your country |
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bitcoinveda
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December 20, 2017, 07:16:36 PM |
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Bitcoin is so expensive because of limited supply and huge demand and people acceptance price keep increases high and high
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hlpa
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December 20, 2017, 07:17:02 PM |
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I think it is because the number of bitcoin in this world is limited.
And the buyers of bitcoin is increasing and the supply of bitcoin is always less than the demand.
People speculate of bitcoin price and traders buy and sell every day,And bitcoint is the most famous coin.
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didik12
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December 20, 2017, 11:04:59 PM |
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Bitcoin so expensive because of the digital currency they had time that the price is so high so when reached the high price of btc and when i convert it to my own currency it is become a expensive.
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Kersh768
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December 20, 2017, 11:06:55 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 became more in demand this year which made it not that surprising to know that its market value grew as this expensive. But still, investing into it at this price will yield to huge profit since it is expected to be more exoensive in the future. The growth on its market price is continuous so don't hesitate to invest. |
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