Why is the price of bitcoin so high

[angelomoraaaa]

The cost of bitcoin is so high since it is the best coin, it is the mother of all other coin. Altcoin are produced from bitcoin. The cost of bitcoin will be high since it is the most acknowledged coin and has an extensive network, there are numerous organizations that acknowledge bitcoin as a methods for trade or it can likewise be utilized for exchanging. Most altcoin even utilize bitcoin for their trade.

[ebetlupet143]

Bitcoin is the top coin in the market and there is no motivation to trust that. Bitcoin won't be a pioneer throughout the following decade in light of the fact that the development of this market has characteristic positive input circles. As in light of the fact that numerous individuals are becoming more acquainted with about Bitcoin all inclusive and Bitcoin is by all accounts the eventual fate of cash, so the request of BTC is expanding quickly. What's more, when the request increment at that point cost consequently reach to its pinnacle.

[kptsgt]

Bitcoin is the main coin of digital money markets and it is entirely reasonable for the main coin to have such a high esteem. Likewise the cost is set in view of the request and supply and amid the last bull rally the interest for Bitcoin was through the rooftop. Likewise the altcoin costs as yet being attached to the cost of Bitcoin encourages it.

[Elips1]

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 is the first cryptocurrency created and next to it are called altcoins, so bitcoin is the original one.
Just like old brands or branded names that their price are always the most expensive in value, but the directors of everything they are making some choices or alternatives from expensive one.

[Aris novianto]

Bitcoin prices are now decreasing, the price of bitcoin has declined over the past 3 months, now I have not dared to invest, because the price of bitcoin is decreasing, if you want to invest, wait for bitcoin prices to rise again.

[SindiRokRok]

once the value of bitcoin was not as expensive as it is today, bitcoin has experienced a long journey and has experienced a rise and fall in the market many times. and if the value of bitcoin is currently high, because bitcoin is worth getting it all, bitcoin can still exist until now it makes the value even higher.

[slavasxpu]

In my opinion, Bitcoin Is one of the most popular and well-known crypto-currencies with a good rate, hence this price.

[gioangelofelix]

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

[Pan Troglodytes]

Bitcoin prices are now decreasing, the price of bitcoin has declined over the past 3 months, now I have not dared to invest, because the price of bitcoin is decreasing, if you want to invest, wait for bitcoin prices to rise again.

Or maybe this is rather exactly the great time to invest? What better time to buy some more than when the price is lowest?

[grinyaaa]

Bitcoin's popularity is the highest on the crypto market.
It was the first cryptocurrency which took it firm position. I don`t think that any Altcoin will be able to get ahead of Bitcoin.

[sakuragi21]

bitcoin price was high because of its demand and there were legitimate countries that bitcoin was so expensive that price was then but now the price of bitcoin has fallen because maybe a lot of holders sell their bitcoin so the price of bitcoin fallen now.

[rasmadisulaiman]

There are several factors why the price of bitcoin is higher than other coin coins, including bitcoin is the first coin, also called digital gold. Bitcoin is always the top because this is an original coin from cryptocurrency. Bitcoin is the investor's favorite coin because of its high value so it produces more profits.

[Cotton Candy]

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 hink because they are pioneer that gives them a head start into thus business and compared to other coins they have been here in the firsy place so that means in the oast there are no other crypto but them so the people have no variations that makes the bitcoin gain a lot of people thay makes their price rise above all and cannot be surpassed by anyone.

[bountylayomi]

The volatility of cryptocurrency makes the price of bitcoin and other altcoins to go up and down. It's not stable. Even now that the price of bitcoin is down again, but hopefully it would pick again and moon. That has always been the trends.

[Arnulfo86]

Because BTC is the first currency and also the most famous currency, anyone who participates in investing in the Cryptocurrency will start with BTC so its price is high.

[nazarovv]

Bitcoin was the first crypto. The most popular one, it dominates the market. Its much like when we talk about smartphones, it will be samsung at the top, like bitcoin when talking about crypto it will be the first in mind. The more interest it generates the higher the pirce gets, and as we look bitcoin has millions of users and investors and more known worldwide

[nikitakittt]

To understand why bitcoin is so expensive, it is enough to ask people what cryptocurrencies they know, some will immediately call bitcoin, or only know it. In fact, in its place could be any altcoin, but it so happened that the main cryptocurrency bitcoin 

[Gamerholic]

I think for most investors the question "why so expensive?" will already sound mocking at a price level of about 2-3k dollars. That's where the great opportunities to buy more and more and more will open! Everything depends on the greed and the planning horizon as well as the goals that you pursue. I do not believe in retirement and decided to postpone this way!

[klavtrin]

Bitcoin is very good for your investment .  Also bitcoin denominated all over the world.

[trade2winnn]

Ahhahahahahaha, good question, I don't know how much it is already high as much as 6300??? so why is it so high?and how I would like to 100 thousand dollars for 1 token,and it is 6300,so high we do not know what to do, advice: Buy while there is an opportunity