Why is the price of bitcoin so high

[george_hured]

If you think that the $ 6700 price is a lot? Then you just do not know anything about what bitcoin is and how much it will cost in the near future, because its price will definitely aspire to the Moon and we will never again be able to buy you 1 BTC

[baho11]

Because every week new avenues for trading and speculation come online, providing a wider audience with even more ways to trade the asset, helping to boost its success, and also bitcoin is extremely secure, using dual-sided cryptography for each transaction, and there is also only a finite amount ever in existence which is anticipated to bring more investors towards the currency.

[mavrobot]

Since bitcoin was the first crypto currency, most people only heard about bitkoyne and about the altcoys, as a rule, nothing is known. Bitcoin is the most popular coin in the whole world compared to other altcoins,and also bitcoin has many investors that's why it keeps improving and got a higher price. In long time perspectives BTC is musthave in your portfolio. 

[chenhaonan]

No, it's best for beginners to find a good community, or have professional friends around, otherwise don't invest in it easily. Technical analysis is professional, and beginners do not need to learn.

[DiabolicAnt]

At some point many, many people started to have interest in cryptos. Btc was the first cryptocurrency ever and it got very popular, and because of that huge demand the price of btc went up a lot.

[Accts4u2]

Bitcoin is the number one coin of cryptocurrency markets and it is pretty fair for the number one coin to have such a high value. Also the price is set based on the demand and supply and during the last bull rally the demand for Bitcoin was through the roof. Also the altcoin prices still being tied to the price of Bitcoin helps it.

[ngocminh01101]

Because quantity of people that investing in crypto coins is increasing day by day. And even someone wants to buy an altcoin, he has to buy bitcoin first , so the price of bitcoin goes higher.

[solovalley]

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 its expensive bitcoin price is currently no other because of the bitcoin users are getting more and more day, so from that which makes the bitcoin price is so expensive, because bitcoin increasingly in the public interest, as we know more and more enthusiasts of a coin then the coin to more expensive.

[FrosDiamond]

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

because its users are growing and growing all over the world, so the demand for bitcoin increases. And keeps the price constantly rising over time and it could continue to rise in the future, if the demand for bitcoin is still high.

[Jenesis]

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

Because something valuable is so expensive, this bitcoin is very high-priced and can make rich too, and many are already hunting for bitcoin, the more days the bitcoin hunter increases. And most importantly because the number of bitcoins is limited.

[lkcryptostar]

i think the high price of bitcoin is affected by the number of bitcoin purchases and the sellers because now so many people are investing

[filterMX]

Bitcoin is the first coin of all coins present in the crypto world, so investors prefer bitcoin rather than altcoin, both for short-term and long-term investments, thus making prices higher each year, while altcoin is widely used for short-term investments, which makes the price movement not too high.

[party22]

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

Because a lot of companies out there who have received payment with bitcoin. They are competing and working hard to keep customers going. In this case the price of bitcoin is increasing. Because something that many enthusiasts must be paid expensive.

[diamdirumah]

Bitcoin is the King of coins and some of this year's always growing because first Bitcoin investors will know more about this first coin. So that people will invest in the Bitcoin and benefit. And this is always contagious to other investors and make offers that have a value of Bitcoin is very high.

[tncbitcoin]

It is because bitcoin is the first crypto currency existed and the pioneer of all coins. The price in the market is been moved by the demand and supply of the coin and it is mainly use for a decentralize blockchain wherein the the third party is removed during a transaction and it is much cheaper compare to other fees.

[maromak]

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 almost reaches the marginal point, where enthusiasts soar high above. as a result of high enthusiasts making the performance curve better and reaching the peak, so bitcoin gets harder and more expensive

[azalea69]

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 will tell you about some reasons, the fact that the bitcoin was become the first crypto in the cryptocurrency's history. that means a lot of the demand gets centralized into the bitcoin.
The second caused by the fixed supply of the bitcoin. There are more adoptions to the bitcoin itself to pump the bitcoin's price.

the development of coins will be greatly influenced by the support that is on the coin. so by supporting Bitcoin to experience such a rising development will be very good and profitable for the future. so I highly recommend to have Bitcoin and support it to achieve a high enough price.

[argus312]

Bitcoin is the father of the crypto currency, so all the altcoins are directly dependent on the price of the pivot!

[akirasendo7]

the current price of bitcoin is low, if you are aware the price goes 20k usd last time around
maybe you missed it, but its true,
now is the time for you to buy if you are an investor, and want to have a good profit maybe like mid september, or december
the price will bounce back im sure, the only thing that might holding this back is the sec decisions

[tranquochung]

Dear friend,
The Bitcoin price is so high due to the strong, stable coin. With the support by a strong team, the goal is very clear, the way to keep it, all of them make Bitcoin stronger, healthier, get a high price on the market.