Why is the price of bitcoin so high

[Streets 2.0]

Here is the question: where it is better to invest? I would also clarify this: what criteria should the project answer so that it can be looked at as an investment object? Is it the amount of money that it attracts, a simple and understandable idea or is it already a ready-made platform or product that can be accessed and used already? It is clear that no one gives guarantees, etc. But there are some objective factors right?

[Greenrace]

Hello,

Im new in crypto and have a question (a stupid one).. I never really gave it much though and now i wonder.

Is price of bitcoin so high (compared to altcoins) because it is so much superior or is it just because it is THE coin - the original one.

Cheers

bitcoin the price becomes very high because many people start to see that this coin as a good investment so that people want to spend a lot of money to get it

[zhekinsp]

The price of bitcoin is high due to more people investing on bitcoin over altcoins because the price of ctryto is based on the demand of the coin so bitcoin demand keeps increasing that's why the price of bitcoin also keeps increasing.But there are some altcoins also having good potential the price of them are slowly started to increase soon the price of them will bump.But bitcoin will be the most valuable crypto always.

[Akash1243]

Bitcoins were first of it's kind and had became popular and has made a good foundation in crypto currency market over these years.And it is very good for long term investment and many people and investors started investing in them which cause the prices to increase so more popular bitcoins became it prices will go up.People had earned lots of profits from bitcoins some became millionaires which attracted more people to this coin,this year bitcoins has gone from $900 to shocking $8200 this increase in price clearing shows how bitcoins are in demand.

[0t3p0t]

Hello,

Im new in crypto and have a question (a stupid one).. I never really gave it much though and now i wonder.

Is price of bitcoin so high (compared to altcoins) because it is so much superior or is it just because it is THE coin - the original one.

Cheers

The price of Bitcoin is getting too high because of it's community also getting bigger day by day that causes the scarcity of the coin. High demand of Bitcoin will make the price to skyrocket that is why Bitcoin's supply will decrease or become limited since it only has 16.5 million supply. One of the factor that triggers  or manipulate the price of Bitcoin is that Altcoins being too dependent to Bitcoin on the market and it is undeniable because we can clearly see it everytime Bitcoins price move up and down.

[deloreswest]

Hello,

Im new in crypto and have a question (a stupid one).. I never really gave it much though and now i wonder.

Is price of bitcoin so high (compared to altcoins) because it is so much superior or is it just because it is THE coin - the original one.

Cheers

It's not that complicated, all around the world, people are buying itcoin because they think it's a great opportunity for an efficient investment.

They keep demanding it, hence the price of bitcoin is booming as a result.

Yes its is. and demands and supply on bitcoin is so big it that drives bitcoin to the top. bitcoin also believed as the first digital money.

[hhxcwz]

lol,because a lot of people are buying large quantities of COINS COINS of the price is very high, you might think that now the currency of the price is very high, that's all right, look back many years later, COINS may be of very cheap now

[enawati]

Bitcoin indeed the original one, but some altcoin and token original too.  Bitcoin price so high because the demand of this digital currency also increasing and become higher day by day, many people around the world now jump in to Bitcoin, as we know total population this world is more than 4,4 billion, but the supply of Bitcoin is only 21 million and about 17 million only in circulating.

[keycellko]

Hello,

Im new in crypto and have a question (a stupid one).. I never really gave it much though and now i wonder.

Is price of bitcoin so high (compared to altcoins) because it is so much superior or is it just because it is THE coin - the original one.

Cheers

Bitcoin is the father of crypto currency. Without bitcoin, crypto wouldn't exist. Apart from that, the value of bitcoin is high because many people trust it. The total coins is not so many and many people want to have it that's why the value continually increases.

[Anita1873]

Today it seems high but after some time, you see even higher price from here as now its demand is spreading like fire and everyone want to get it in his kitty of investments.

[Frizz23]

I think it happens because Bitcoin is the first cryptocurrency, the most reliable and has advanced technology.

[pokeviktor]

The price of Bitcoin was inexplicably overpriced in 2017. I wasn't  personally expecting a rise this year because of  forks and countries that banned Bitcoin. Really, It was a year full of surprises.

[noictib]

Hello,

Im new in crypto and have a question (a stupid one).. I never really gave it much though and now i wonder.

Is price of bitcoin so high (compared to altcoins) because it is so much superior or is it just because it is THE coin - the original one.

Cheers

First all of all you should keep in your mind that bitcoin is the only way of success of making work smoothly Because here the bitcoin is the main coin that is a big need for trading as well as many types for online payment in cryptocurrency .
So here the demand of the  bitcoin going up and up but unfortunately I have my thinking that is saying that doing trading in these days can't give profit for you because the market of the bitcoin going speedly up , so due to that impact the price of the altcoins .

[DAVETUN]

It is the simple principle of demand and supply and also the daily global acceptance of BTC as a major online currency.

[edisystem]

It is the simple principle of demand and supply and also the daily global acceptance of BTC as a major online currency.

And also most of bitcoin users are holding their bitcoins until the next year. I'm pretty sure the price of bitcoin will increase again too $8,500 in the end of the year. The demand of bitcoin is become higher too. More higher the bitcoin price is, more people attracted into bitcoin.

[Lindazz]

Because many countries have accepted BTC, and South Korea and Japan are promoting BTC, the United States as well, more and more countries support, it will make BTC prices higher and higher.

[8rch7]

I think it caused by many people use bitcoins. Now many companies use bitcoin for their remote worker wages (such as freelance between countries). By using bitcoin, it will be easier and faster in transacting. Therefore the demand for bitcoin is increasing, so the bitcoin price keeps increasing.

[PANK21]

Hello,

Im new in crypto and have a question (a stupid one).. I never really gave it much though and now i wonder.

Is price of bitcoin so high (compared to altcoins) because it is so much superior or is it just because it is THE coin - the original one.

Cheers

The price of bitcoin is so high because it is the first most used digital cryptocurrency in the world... It is also the most indemand coin of all users of cryptocurrency. It has many investors and users that why its price is rising even more than you actually think and i think it will rise even more and more because of its finite demand and unstoppable users.

[kambaralikhan]

The market cap of Bitcoin is the highest. That's one reason price of Bitcoin is so high. And it's is acceptable everywhere in the world and highly demanded because of bitcoin less risky, popularity, stability and long term growth capablilties. everybody who even having a little bit knowledge of cryptoworld knows Bitcoin. Bitcoin will be the leader. Bitcoin represent the cryptoworld...

[cryptonianz]

Because new people are buying in and the prices continue to increase!

Supply and Demand!