Why is the price of bitcoin so high

[sateyaam]

Bitcoin Prices Are Designed To Be More Expensive As Time goes by
In accordance with economic principles, when a cryptocurrency rises in price, it means the number of cryptocurrency requests is greater than the amount of supply

[vila_is_will]

Because everyone have to embrace bitcoin and use bitcoin in normal life !Get more bitcoin as you can do !

[rippar]

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.

Not the basis, but is the grandfather So i guess that there will be the new king of cryptocurrency, for example Ethereum.

[kurdun]

I think that because bitcoin is the very first crypto currency. In the minds of people it is also in the first place, no matter what

[JasonCroper]

Just because bitcoin is the first and the most important crypto in the world. I think bitcoin is the first coins heard by people.

And 21 million is too small to 7 billion in the world, so it is so high now and will higher in the future.

[Shimmiry]

I believe that because it is far more superior than any other existing Alternative cryptocurrencies as of now, the price is much more higher than others. Also if we put into account the amount of mined and collected bitcoins than the other altcoins we can clearly understand why it is much more higher in price than others.

[reybaron]

The price of bitcoin was so high just because I think it is the first crypto currency made.It is so popular and many people invest on this coin.

[StevenCS]

bitcoin is the original and actual coinage eye. altcoin is a coin that appears after the bitcoin exists, so altcoin is like a follower of bitcoin. the reason why the price is so high, because bitcoin is already known in many areas, and altcoin is only the majority of people who realize it.

[LancelotRay]

It was the first crypto coin king after all, it's the most popular and the pioneer coin.

The only question is that if any other coin will replace it eventually.

[Domenc]

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?

Also, one of the main reason behind its increasing price is that its limited quantity which tends to increase its price when demand rises making it one of the best investment to make in the crypto field. Bitcoin might seem to go high, but in the coming days it will go more high.

[Evgeniy18582960]

Bitcoin is original, first and unique so to speak. I believe that the altkoins are adherents of beatocan and should be put after bitcoin.
Even a person who does not know anything about cryptomir knows anything about bitcoin.
The reason for the rise in prices in bitcoin is due to the fact that bitcoquine is nominated throughout the world and is acceptable in most places, whereas people are mostly unaware of the altcoyins

[Ponti]

Bitcoin now one of the primary currencies in world. The demand of bitcoin makes the price so high. Many people invest and hold in bitcoin.

[hotBriX001]

I think that because bitcoin is the very first crypto currency. In the minds of people it is also in the first place, no matter what

In the other hand bitcoin still the king of all crytocurrencies. It is very popular world wide eversince and many people are gaining profit through investing in bitcoin. Until now some people are wanting to make trading to bitcoin to earn a lot of money because it is still has the highest value in the crypto world. The bigger of bitcoin demand is the basis why it is the highest price in the marketplace, no doubt about it.

[Abarov]

This is not a great price. Now, the capitalization of cryptology is still not growing very fast, so the price is approximately the same. But we are waiting for a big jump.

[sunnydmd]

your question just like a man live a decade ago go to the future and ask why price of gold are so high...

btc price high because it's the first cryptocurrency. a symbol for a revolution. and the quantity are limited. but the demand is rising everyday.

[myigitcoin]

bitcoin is dominance of crypto so its natural and bitcoin create crypto world its used long time. everybody trusth bitcoin it should keep place next 5 years.

[just a man]

bitcoin is dominance of crypto so its natural and bitcoin create crypto world its used long time. everybody trusth bitcoin it should keep place next 5 years.

I don't trust in Bitcoin.
The price of Bitcoin could also drop to nothing if nobody is going to put it to use.

[hetecon]

According the recent changes in the market, I would have asked differently. Why did Bitcoin fall in price so? I think that because people just switched to other coins.

[Vaflia]

Because bitcoin is the first cryptocurrency. When people come into crypto they first invested in bitcoin because they think it is more reliable.

[jfsayo18]

Because it is the original one that's why it is superior. Other cryptoccurency are produced because of the idea of bitcoin. Bitcoin also is the most popular coin around the world. Supply does not change but the demand increase.