laracrofth
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DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
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March 25, 2018, 06:35:24 PM |
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There is a long term hype on bitcoin and everybody knows and trust this coin. That makes the demand and price higher.
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Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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Misiak4
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Activity: 183
Merit: 12
ImmVRse | Disrupting the VR industry
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March 25, 2018, 06:35:29 PM |
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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  Hello, if you know, the price of different stock depends of how much is the company cost and how many stocks exist. If investors think that company more valuable they buy stocks so company price is increase, if no company stocks have the same price or fall down. Bitcoin had a popularity among investors accordingly its price beat all new and new records. Everything depends on investors, if they see the growth potential, then the asset starts to grow and the price can be any |
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Dread
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Activity: 315
Merit: 12
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March 25, 2018, 06:38:52 PM |
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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 one answer- because he is a uses by manys holders and this crypto is eqivalent of real money like a Dollar or Euro |
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Blas
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March 25, 2018, 06:39:54 PM |
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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.
NO, I don't think so. If that was so why are the prices of other coins failing as well. Bitcoin had enormous run in December and now is coming down to earth. |
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emmanmalaman
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March 25, 2018, 06:41:45 PM |
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Law of supply and demand: The higher the supply with lower demand, price increases. The higher the demand with lower supply, price increases.  |
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Victorycoin
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March 25, 2018, 06:43:59 PM
Last edit: March 25, 2018, 10:25:58 PM by Victorycoin |
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I don't trust in Bitcoin. That's rather unfortunate, but why are you still hanging out here - this is a Bitcoin discussion forum and you may want to know that whatever altcoin you may have there, owes their existence to Bitcoin. Bitcoin as the flagship cryptocurrency has almost 10 years of experience behind it, it parades the largest community and reach, it is the most capitalized and most traded, why would its price be any less? The price of Bitcoin could also drop to nothing if nobody is going to put it to use.
The popularity of Bitcoin remains on the increase and so is the usage. Interestingly transaction fees and confirmation time are back to being impressive, so I don't see how the price of Bitcoin would drop to nothing. |
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Taugami
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Blockchain Identity Verification
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March 25, 2018, 07:05:57 PM |
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I may not have fully figured out the bitcoin, but I know for sure that one of the reasons for this bitcoin price is that it was the first or one of the first. Then there were other coins, but it was bitcoin that reached us.
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madmat
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March 25, 2018, 08:42:57 PM |
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Headlines online publications shout: "Bitcoin breaks to the level of 12k dollars!", "The second ascent of bitcoin!", "What is this? A new bubble?" - In my opinion it has long been obvious that this is not a bubble, but the normal behavior of the market in certain circumstances and a number of fundamental factors, primarily through the news background of the mainstream media, affect the market in the first place.
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CanErik
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March 25, 2018, 08:51:14 PM
Last edit: March 26, 2018, 01:35:11 AM by CanErik |
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Hi;
Surely one day bitcoin will start to be used by everyone and when that day comes,the price of bitcoin will be much higher than it is now.
Kind regards
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Brat ipoh
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March 25, 2018, 11:41:34 PM |
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For bitcoin is the stem of all the coin so natural if the price of her expensive, and it would be very difficult for other altcoin her to go beyond the price bitcoin.
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Ovgri
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Blockchain Just Entered The Real World
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March 26, 2018, 12:16:17 PM |
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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.
If people switched to other coins, then during the price drop of bitcoin, we would see a rise in prices for other altcoins. Have you observed such a picture on a coinmarketcap? I did not observe. |
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mithon2017
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March 26, 2018, 12:36:44 PM |
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Bitcoin is one of the best digital cripto currency of online Market place. It's use just online market place. Bitcoin price is so high because, most of the are using Bitcoin. Day by day its user are increasing.. moreover lot of website, and shop accepting Bitcoin. Bitcoin transaction is easy and safety. Bitcoin is nominated worldwide and accepted most of the place. People are aware of Bitcoin. So Bitcoin price so high. I think Bitcoin is future of gold.
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Cherrybomb
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March 26, 2018, 12:46:37 PM |
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There is a daily high day low.At the same time, bitcoin is our life because many people who it uses it .So we do not want to change yet. Let's take a bitcoin
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clairewarwick7866
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March 26, 2018, 12:57:22 PM |
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In my point of view, I think that the price is high because of the everyone is bitcoin for quick profit and no one is buying bitcoin for its use purpose. Which makes BTC low supply and high demand.
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melancoly
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March 26, 2018, 01:01:14 PM |
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the price may be high in use, but I think the price is low as a determinant in the crypto market
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BlockFolksHQ
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March 26, 2018, 03:50:20 PM |
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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 I personally think that bitcoin's price much superior than the other coins is because it is the first mover advantage in crypto. There are more coins that introduce later that also high in price , but because lack of the first mover advantage, thus they lost this big opportunity. |
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kruzer200
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= DINNGO = https://dinngo.co
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March 26, 2018, 05:31:55 PM |
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I think that the BTC will not take a long time to occupy the leading place because now there are at least a dozen coins that can overtake BTC in capitalization, but in the long term.
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Gorodcoin
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March 26, 2018, 05:38:01 PM |
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The price is high because its fiat number 1 and the first one. Huge market cap shows that bitcoin is very high rated and the total supply will be reached soon
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Mr.grin
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March 26, 2018, 05:42:04 PM |
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I think that the BTC will not take a long time to occupy the leading place because now there are at least a dozen coins that can overtake BTC in capitalization, but in the long term.
btc is the first cryptocurrency, and has many functions not shared by other coins. well, but for now the bitcoin price is falling. and when the bitcoin price falls, other coin prices also decrease. for now nothing beats the popularity of bitcoin. |
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rellor
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March 26, 2018, 06:23:59 PM |
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The issue of coins is limited to 21 million Bitcoin. This means that you will not be able to indefinitely generate a crypto currency) What happens to ordinary money when the printing press is turned on? Money is falling in price, inflation is growing. Bitcoin these problems are fearless. And the closer to the 21 million released Bitcoin, their price will only increase.
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