Wolf of Btrex
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January 19, 2018, 06:06:03 PM |
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when there are too much demands for an asset it will automatically increase in price and when its supply is limited it gets value even more, thats why btc is expensive now
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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Tron
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January 19, 2018, 06:09:59 PM |
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because it's worth that much.
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Tron
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January 19, 2018, 06:13:21 PM |
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First time I discovered Bitcoin, it was priced at around $3000. I thought it was expensive then, but look at it now.. I guess this is because of high demand and low supply.
I bet you're happy that you invested. |
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trickyriky
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January 20, 2018, 01:48:24 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.
Interesting point of view, never though about this. no it really seems not very expensive  For the modern period of time Bitcoin is going down. Its price wouldn’t rise in a near future I suppose. At the same time we should have in mind that it is better hold bitcoins because it's price start to grow again. |
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xiaozhang11
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January 20, 2018, 01:57:38 PM |
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First, the number of bitcoins is certain, and there are fewer and fewer of them.
Second, the cost of digging up bitcoin is getting higher and higher.
Bitcoin is the king of all cryptographic currencies, and its status is expensive.
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Sean25pogi
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January 22, 2018, 03:33:07 PM |
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For now bitcoin is so expensive because bitcoin is so in demand and many people uses it and investing in it that's why the price of bitcoin always increases and it will continue to rise and be super expensive.
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QuestionAuthority
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You lead and I'll watch you walk away.
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January 22, 2018, 03:40:03 PM |
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For now bitcoin is so expensive because bitcoin is so in demand and many people uses it and investing in it that's why the price of bitcoin always increases and it will continue to rise and be super expensive.
It’s not “in demand” anymore than shares of stock are in demand. It’s being played by traders which are using it to turn a quick profit. |
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msrandom90
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January 22, 2018, 04:03:43 PM |
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I think it is because of the many
users and investors in bitcoin.
Bitcoin is expensive for a variety of reasons, and I think the supply and demand of Bitcoin are very high in the investment market as well as its price. Bitcoin can be said to be very expensive due to its high price. Looking for it, but to get some Bitcoin is not easy when there are many people are also involved in search |
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JackyLon
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January 22, 2018, 04:13:55 PM |
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Bitcoin is expensive because in the market a lot of people invest in it, contributing useful to increase the value of Bitcoin. Bitcoin is on the rise in the world. It means that more people will come to Bitcoin. The price of Bitcoin will continue to rise and people will make a lot of profit from it and that is why Bitcoin is so expensive and valuable.
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mcguire1905
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January 22, 2018, 04:20:59 PM |
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Bitcoin has become faster and easier to buy then ever before and with the increase in accessibility and popularity, as well as a lot of big companies starting to accept bitcoin as payment, comes the increase in interest and demand from the general public, which the current supply of bitcoins can’t seem to keep up with. The currency gained traction and so did its price as everybody wanted to own one, therefore increasing the price rapidly.
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parassinghal
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A BLOCKCHAIN SOLUTION TO DISRUPT TRADE FINANCE
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January 22, 2018, 04:31:07 PM |
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Its expensive mainly because it is the first crypto currency that's why it got so much popular and because of popularity its demand got increased in market, so its price.
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riskarcher
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January 22, 2018, 04:47:28 PM |
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Its expensive mainly because it is the first crypto currency that's why it got so much popular and because of popularity its demand got increased in market, so its price.
many reasons why bitcoin is so expensive and it is only known by the right time that when bitcoin prices go down then bitcoin prices will always go up and always end up with happy ending. |
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kamotharnn
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January 22, 2018, 04:55:26 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.
Interesting point of view, never though about this. no it really seems not very expensive For the modern period of time Bitcoin is going down. Its price wouldn’t rise in a near future I suppose. At the same time we should have in mind that it is better hold bitcoins because it's price start to grow again. It is cheap so why you don't buy some Bitcoin and invest? They mention about the price of Bitcoin not satoshi. Bitcoin is expensive because of the nonstop increase of people invest in Bitcoin. Nowadays, Bitcoin's name is slowly spreading to the world. Many people know Bitcoin and it attracts many millionaire to invest. |
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Wayan_Pedjeng
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January 22, 2018, 04:58:36 PM |
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I don't think that Bitcoin is that expensive. Confused? Let me explain.
Bitcoin is having an user-base of around 100 million users and the market cap is $180 billion. At the same time, the market cap of XRP is $47 billion, despite the fact that it is having less than 1 million users. Now tell me which coin is more expensive.
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jamestorm
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January 22, 2018, 05:05:40 PM |
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There is no support for bitcoin except the hope that you can sell to someone for a higher price than you would have to pay in the future.
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batman12345
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January 22, 2018, 05:07:07 PM |
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this is a new era of digital world or some people.
bitcoin technology that blockhain has changed all the world's financial institutions. it is said that the central bank of each country will use the concept of blockhaion from bitcoin ..
in addition to public trust about bitcoin itself. so do not wonder why bitcoin prices go up ...
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Rodeo02
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January 22, 2018, 05:10:37 PM |
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For now bitcoin is so expensive because bitcoin is so in demand and many people uses it and investing in it that's why the price of bitcoin always increases and it will continue to rise and be super expensive.
It’s not “in demand” anymore than shares of stock are in demand. It’s being played by traders which are using it to turn a quick profit. exactly this is what i see also that this is one of the kind to be for so as what we are able to see for make some way to have something to just like for example just go for what flow are we are able to take for. |
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kunsh
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January 22, 2018, 05:13:56 PM |
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You don't need to buy 1 BTC, you can buy alt coins or you can buy 0.1 BTC etc... Lern about this and you will understand much more.
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loneylord
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January 22, 2018, 05:15:52 PM |
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how to buy bitcoin and is it safe?
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Ayaancool
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January 22, 2018, 05:27:00 PM |
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The answer is already on your question ........🙂 Dude it's a crypto currency it's value fluctuating is common in it, and ofcourse comparing to the currency rate of each country it varies. Whatever I'm happy with it because I can gain a fair return from my bitcoin investment as per this currency exchange rate.
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