|
alkiw21
|
 |
May 09, 2018, 12:51:03 PM |
|
I think because the amount of demand for bitcoin is getting bigger. The big investors of the world are also investing in bitcoin I think. Bitcoin is likely to increase steadily I think. hopefully bitcoin increases in the future.
|
|
|
|
|
Ale46
Newbie
 Offline
Activity: 84
Merit: 0
|
|
May 09, 2018, 12:52:41 PM |
|
all because of the limited number of bitcoins and the high number of enthusiasts for investments in bitcoins that make the amount of bitcoin supply in the market thinning and make the price rise very high  |
|
|
|
|
NyLymZbl
Member
Offline
Activity: 210
Merit: 10
|
|
May 09, 2018, 12:53:36 PM |
|
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  Why expensive? because Bitcoin is the first virtual cypto currency that is very popular among investors. Creating Bitcoin is very difficult require multiple computers with high specifications to create it. Also many countries are now legazing Bitcoin to use it for to improve economy of their countries and that's why Bitcoin so high. |
|
|
|
|
rejekinomplok99
Newbie
Offline
Activity: 56
Merit: 0
|
|
May 09, 2018, 12:54:54 PM |
|
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 think when the demand market is higher than supply, the price will rise. it is my opinion. |
|
|
|
|
terzy
Newbie
Offline
Activity: 196
Merit: 0
|
|
May 09, 2018, 01:01:42 PM |
|
I think the price is high because there are more people wanting to buy than willing to sell. It’s a market and that’s the market rate. As for the reasons, there are more people wanting to buy. The number of investors has also increased significantly. Hence the price has been rising. Also, the price of bitcoin rises and drops mainly due to speculation. Bitcoin has been in the press a lot from 2016. This includes mainstream medias. Bitcoin presents a variety of opportunities that did not exist prior to its development. Most people buying bitcoin are doing so in the belief that others will want it even more in the future.
|
|
|
|
|
flymnb
Member
Offline
Activity: 121
Merit: 10
|
|
May 09, 2018, 01:10:37 PM |
|
The cost of mining is relatively high, and most people who encrypt the world have great expectations for it.
|
|
|
|
|
lalatao79
Newbie
Offline
Activity: 42
Merit: 0
|
|
May 10, 2018, 10:54:17 AM |
|
I think that in the next few months, we can see a higher price in bitcoin because of the potential massive adoption for bitcoin.
|
|
|
|
|
|
ridertiger
|
|
May 10, 2018, 11:14:56 AM |
|
Thanks to apps and new exchanges, bitcoin is easier to buy now than ever before. These services also increase the profile of cryptocurrencies as viable, tradable assets, not unlike other currencies and securities. With an increase in accessibility and popularity comes an increase in demand, which the current supply of bitcoins can’t seem to keep up with.
|
|
|
|
|
Nashorn97
Member
Offline
Activity: 229
Merit: 10
|
|
May 10, 2018, 11:15:47 AM |
|
I think because the amount of demand for bitcoin is getting bigger. The big investors of the world are also investing in bitcoin I think. Bitcoin is likely to increase steadily I think. hopefully bitcoin increases in the future.
I Disagree I think that Bitcoin will not take a leading position for long, because it is no longer a guarantee of stability. Previously, everyone thought that he would never collapse, but would only grow in capitalization. |
|
|
|
|
Jessicamass
Newbie
Offline
Activity: 59
Merit: 0
|
|
May 11, 2018, 07:02:20 AM |
|
Many people thought that Bitcoin is the base of all altcoins so they tend to buy bitcoin first before investing in other altcoins as Bitcoin is a gold of cryptocurrency However, I think its high price is because more people are buying and investing on it from the beginning, therefore the demand is greater than the supply. Conclusion, I suppose that Bitcoin still is the coin which represent the whole crypto currency now.
|
|
|
|
|
|
rammanbl4
|
|
May 11, 2018, 07:03:32 AM |
|
Bitcoin is the first coin in the cryptocurrency and its has huge demand they have from their service.Bitcoin is the base of all altcoins in crypto market.
|
|
|
|
|
|
Bitcoin_is_here_to_stay
|
|
May 11, 2018, 09:42:18 AM |
|
he appeared first on the cryptocurrency market. now this is the most difficult coin to mine. it is the most popular in the world, and therefore the most expensive. very high demand people want to invest their money in it.
|
|
|
|
|
|
md.falkone
|
|
May 11, 2018, 11:22:52 AM |
|
The bitcoin receives a lot of attention from the international community. At the moment I know that there are big investors who are interested in bitcoin and put in it much. For this reason the bitcoin will gradually submit new heights.
|
|
|
|
|
|
zininaks
|
|
May 11, 2018, 12:26:33 PM |
|
The key factor pushing the price up is herd instinct. If people believe that bitcoin will continue to grow, then this belief will support itself. All investments have a speculative tone, however, unlike shares, bitcoin does not give the right to future income that investors can evaluate. Betting on bitcoin means simply believing that other people will want to do the same.
|
|
|
|
|
LooBaao
Newbie
Offline
Activity: 224
Merit: 0
|
|
May 11, 2018, 01:07:27 PM |
|
The bitcoin constantly establishes new heights because large investors in the traditional markets invest the money in crypto - the market, especially bitcoins. The interest of the public in bitcoins increases in process of increase in a heat of day.
Although BTC is still the market leader. But it seems that prices are likely to fall in the future. Currently BTC can not raise above $ 10,000. Prices are far lower than at the end of 2017. Therefore, it is not possible to call the price of BTC is high. |
|
|
|
|
huoanw1217
Newbie
Offline
Activity: 76
Merit: 0
|
|
May 11, 2018, 06:54:29 PM |
|
Bitcoin is the original one, so is it superior. I beleive that altcoins are followers of bitcoin and should be put after bitcoin.
When a person newly gets involved to cryptocurrency, he must know the bitcoin first in order to understand crypto world.
The reason of price rise in bitcoin, is because bitcoin is nominated worldwide and is acceptable at most places, whereas people are mostly not aware of altcoins
Thats true |
|
|
|
|
phsan12888
Newbie
Offline
Activity: 84
Merit: 0
|
|
May 11, 2018, 06:57:13 PM |
|
Maybe bitcoin is the 1st basis and it play a very important role
|
|
|
|
|
nigeInvest
Member
Offline
Activity: 280
Merit: 10
|
|
May 11, 2018, 07:07:19 PM |
|
I think bitcoin is underestimated today. It seems to me that this coin should cost at least 50 000 dollars. People implement the blockchain technology everywhere and this raises the cost of bitcoin.
|
|
|
|
|
hellyeahent
|
|
May 11, 2018, 07:10:09 PM |
|
I also do not understand this and still can not understand what determines the value of cryptocurrencies.I hope that she will grow further
|
|
|
|
|
avatar54321
Newbie
Offline
Activity: 78
Merit: 0
|
|
May 11, 2018, 07:10:12 PM |
|
Their are lot of things to consider.
In the market, the most high value price was the most needed.
Just like bitcoin, bitcoin was the most demands here in world of Crypto. If you buy a share in ICO, what are you need to use to buy their tokens? Is it USD? No, the currency you need to buy such shares are bitcoin and ethereum. So basically, your usd need to convert first to bitcoin or ethereum before to buy some shares in ICO.
|
|
|
|
|
|
