Why is the price of bitcoin so high

[StacyKo]

Bitcoin was the most stable and reliable coin, so everyone bought it, but now much has changed and its capitalization is no longer growing at such a rate.

Do you think that BTC can lose its position??

[Bit talk]

Cryptocurrencies ruler is BTC and more ICO coins are depended by BTC, its good project and large suppliers due to this coin price is high 

[Oregano012]

Bitcoin is the first digital currency and the price value of all other currencies is calculated on the basis of Bitcoin.
As demand for BTC rises so does the price and how much people willing to pay for it

[bakulgarem]

I think because Bitcoin is the first to enter crypto and has been known in people before Altcoin existed.

[toast]

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

for now it is that it happens but for the future no one can predict exactly about everything because there is currently no guidelines that could be the basis of analysis and prediction

[GalaxyWorld]

Decreasing by 25 percent week after week, bitcoin runs the risk of repeating its worst result since April 2013. Judging by the technical diagrams, to date, the sale has reached a high rate, prices have fallen to a ten-week low of $ 8,100, but the situation may change. that for today everything looks gloomy, the diagrams show that in the near future the situation may change

Do you think this is a form made by people who are keeping a lot of bitcoin in the world created? In order to get more profit, they have to generate waves in the market when they can buy and sell. This is a form of buying at low prices to sell at high prices to get a profit.

[supergorg27]

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 the highest among all coins because he is the superior and well known of all cryptocurrency.

[bts378]

because bitcoin is a real thing, you can give bitcoin or some portion of it and receive anything physical in return, from paying your check in a restaurant to buying real estate you can do with bitcoin.
but the same thing is not true for altcoins. they are always going to be virtual tokens which only get speculative demand.

because of this, the demand for bitcoin is mostly real and small part speculative. and that demand is rising.
also the supply of bitcoin (unlike most of the altcoins) is small and it also is limited (unlike many altcoins). less supply and rising demand means a huge price and a rising one.

there is currently around 16 million bitcoin available. go and compare this number with the number of coins available for other altcoins. you can use a website like coinmarketcap.com

[bakulsandal21]

There are lots of reasons for the price rise of bitcoin.
Some of the reasons I can tell you.
First thing you know that crypto currency has started with bitcoin.

And as you know, the price of the crypto currency depends on the demand and the supply.

And the supply of bitcoin is low and the demand is high and there is One more important reason is acceptance of the bidcoin.

As far as the ALT coins are coming from their trading bitcoin, due to which the rate of bitcoin will remain high.

[Flor1982]

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

Simply because Bitcoin is the most famous and the most popular crypto currency at this moment this is due to it was the first coin created which results to make the demand is always high. In addition, Bitcoin is also the main platform of every exchanges around the globe that is why no matter how much altcoins you will keep still it will traded to Bitcoin in the end for fiat conversion.

[ungongbuotan]

Bitcoin was the first crypto ever made that is why the price is so high. Bitcoin have dominated and has established its superiority over other cryptos out there for many years that is why many people trust it and invest on bitcoin. The popular bitcoin become the higher the demand and you know the higher the demand, the higher the price.

[isyot12345]

Bitcoin was the first crypto ever made that is why the price is so high. Bitcoin have dominated and has established its superiority over other cryptos out there for many years that is why many people trust it and invest on bitcoin. The popular bitcoin become the higher the demand and you know the higher the demand, the higher the price.

Because of many investor and many coming begginer invest her. many coins we have but more people in countries who trust and believe in bitcoin co'z of their big profit. many believe so that's why bitcoin are very price high.now we invest more so do not stop price higher in bitcion.

[lighterkek]

bitcoin was the first. The pioneer and king of the market. Would not it be a bit odd to think that a coin that the world knows is easy to get for everyone?

[JDS1000]

The higher the better. Only those who are afraid that the crypto currency can take the place of all the money around the world can be afraid that the crypto currency has such good prospects

[xaft]

i think it is because it has the first mover advantage

[SkustaClee]

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 reason why the price of the bitcoin is so high is because the people in our society are continuing to buy bitcoins. There are also whales that keep pumping the price of the bitcoin.

[assy]

Because bitcoin is so popular with investors, bitcoin is now a very good currency for us, the demand is tremendous.
Many successful people who invest in their bitcoin become millionaires, bitcoin is priceless, therefore more and more people are investing in bitcoin the higher bitcoin prices.

[regalis]

Because bitcoin is so popular with investors, bitcoin is now a very good currency for us, the demand is tremendous.
Many successful people who invest in their bitcoin become millionaires, bitcoin is priceless, therefore more and more people are investing in bitcoin the higher bitcoin prices.

Its the first cryptocurrency that was introduced to the investors thats why its value is very high. In fact bitcoin right now is being used as a means of payment.

[hasis]

Bitcoin is the first and Digital crypto currency in the world. It is the father of all of crypto currency. Its very expensive coins then others and still increasing the prices. It has huge demand in market and huge investor.

[Balab01]

Bitcoin is the basis of all coins, because all the altcoins appeared on the example of the BTC. But now it is not so popular anymore.