zitbau
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December 29, 2017, 06:22:29 PM |
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The increase of bitcoin is due to the investment of many people. It is currently attracting a reasonable investment in it. And bitcoin is also limited in quantity so the bitcoin price is quite expensive
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fistteam
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December 29, 2017, 06:29:29 PM |
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The bitcoin community is growing, demand for bitcoin has increased dramatically. Therefore, the price of bitcoin increased. It's price is too high for those who invest in bitcoin.
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mxyzptlkof6th
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December 29, 2017, 06:33:53 PM |
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Bitcoin is very expensive because it is very famous. Its limited anonymity also plays a huge role in making it a flexible type of currency. Many countries also upgrades the blockchain so that the transaction network will be faster.
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senin
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December 29, 2017, 06:47:32 PM |
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The cost of bitcoin is determined in the crypto currency market as the ratio between demand and supply. Just bitcoin was the first crypto currency and therefore became widely known around the world. Due to the fact that demand began to grow, the price of bitcoin in the last few years has increased significantly. Increasing its price again, attracts investors with its ability to earn decently on raising its rate, which leads to a second round of raising prices for it. That's why bitcoin is so expensive.
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cryptojohn9
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December 29, 2017, 07:17:56 PM |
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The price of Bitcoin are going up because of high demand and less supply. Bitcoin is so expensive because of scarcity. The investors and traders hold or buy Bitcoins and the price will soar. It is because of the strong demand and crazy investors.
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kiddddddd
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“Revolutionizing Brokerage of Personal Data”
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December 29, 2017, 07:21:51 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.
It is because of the Law of supply and demand. BTC that is already circulating around the world is 16,768,975 and 5million left is there, so the more people demands BTC the higher the price it will go. |
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Vibr56
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December 29, 2017, 07:23:00 PM |
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Bitcoin's price reflects how much people are willing to buy it up. This simply means that people are willing to buy Bitcoin or portions of it at current price levels.
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louisedem
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December 29, 2017, 07:23:05 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 price of bitcoin tend to be so expensive due to the fact that it popularity is rising making the demands more exclusive and expose to the crowd of people making the price to rise up that high as the demand rises which literally exhibits the law of demand that was one of the characteristic of a currency possesses for it to be able to be so called as a currency. With this, the people as a major factor of the change on the price, makes bitcoin so expensive as time passes by. |
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furry04
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December 29, 2017, 07:28:55 PM |
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The demand and supply is what sets the prices in every asset and every good. So btc has become so popular and so many people invested on it thus demand increased and as well price increased.
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vasilijsinicin0155
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December 29, 2017, 08:01:34 PM |
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The price of bitcoin is so high because this cryptocurrency is fundamental, her popularity every day becomes more and more, and the offer is limited. More and more people want to have in the purse bitcoin, from here and growth of cost of bitcoin.
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LilW7821
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December 29, 2017, 08:06:11 PM |
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There was the time when bitcoin was not that expensive but 201u December was astonish for the users and these are very good for the people who already invest in it!!!
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rappydoo
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December 29, 2017, 08:13:37 PM |
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because of the hype, and low supply. its just that bitcoin was the first to introduce the idea of block chain technology.
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Vibr56
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December 29, 2017, 08:15:08 PM |
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because of the hype, and low supply. its just that bitcoin was the first to introduce the idea of block chain technology.
Hype is definitely true as we see a lot of posts and 'analysts' stating the possible price of Bitcoin in X number of years. People actually believe this, thus the continuous buy-ups. |
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grizmoblust
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December 29, 2017, 08:22:42 PM |
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Bitcoin is the first coin in the world. It has many advantages comparing fiat money. So, the investors believe and use it. This leads the price's increasing.
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teejayrichard2
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December 29, 2017, 10:08:37 PM |
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Bitcoin is so expensive because it has so much great potential that thousands and thousands of people are investing in it daily. This high demand makes the prices go up. Remember the basic law in economics,when demand is high price is high ans when demand is low price is low. So the high demand makes BTCprice high.
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TheBTCpost
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December 29, 2017, 10:38:31 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.
Remember there’s only 21 million bitcoin that will ever be created and still not even up to that number It’s a very low supply for such a big market. So the price reflects on that aswel as everything else going on with the media and bubbles |
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Md.salauddin
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December 29, 2017, 10:52:48 PM |
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Yaa BTC always expensive because of limited amount of currency and the other hand huge demand of market . its just like a vice versa
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MetalGear
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December 29, 2017, 11:05:22 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 many reasons why the price of bitcoin is expensive. On the the hand, I think that the fluctuations of supply and demand on online market is main reason why it become more expensive. Lastly, I hope the price of bitcoin will become more expensive because it may lead to a high income. |
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TonixGaming_14
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AGATE
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December 29, 2017, 11:11:17 PM |
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Bitcoin is the first coin in the world. It has many advantages comparing fiat money. So, the investors believe and use it. This leads the price's increasing.
Indeed bitcoin is so powerful competing fiat money and bitcoin has the advantage in invest, so many investor are use bitcoin today and leading to increase of the price. Many user are proud of bitcoin increase of price. Even the price is so expensive in other hand huge demand in other currency. |
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9jaflick
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December 29, 2017, 11:11:42 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.
when demand is high than suply you get exactly what you are experiencing on bitcoin, Bitcoin is a currency so you don't say it expensive, you simply say the conversion rate to fiat currencies is high. |
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