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Author Topic: Why is the price of bitcoin so high  (Read 15511 times)
copeteya888
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September 11, 2018, 03:09:03 PM
 #2621

I think because the bitcoin is the first-ever cryptocurrency. Trust it and buy in hope to receive in the future from the investments big money.

Yes, the identity of a crypto currency cannot be separated from the presence of bitcoin. Bitcoin is the first and foremost in the crypto world. Bitcoin is like the heart for crypto currencies, because the price of bitcoin is very influential on the price of altcoins.
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ARTIST 1991
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September 11, 2018, 08:14:36 PM
 #2622

Actually everything is rather simple. The price is formed from supply and demand on goods. In our case the goods are bitcoin. Than more persons interested to buy less offer for sale, that the price will be higher.

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September 12, 2018, 01:24:23 PM
 #2623

Bitcoin is the principal mover in the market and there is no motivation to trust that Bitcoin won't be a pioneer throughout the following decade on the grounds that the development of this market has inalienable positive input circles. As in light of the fact that numerous individuals are becoming more acquainted with about Bitcoin comprehensively and Bitcoin is by all accounts the eventual fate of cash, so the request of BTC is expanding quickly. Also, when the request increment at that point cost naturally reach to its pinnacle.
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September 12, 2018, 01:33:32 PM
 #2624

This year price is worst compare to last year. It is not favourable at all. May be the high price of last year was due to new people that are just joining the community. They used it as a welcome pack for them.
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September 12, 2018, 02:17:02 PM
 #2625

The currency you will buy to enter the crypto market is Bitcoin. The price of the currency that is the creator of this market must be high. Bitcoin, investors and traders are the leaders in the market. Use factors increase bitcoin prices.
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September 12, 2018, 04:48:04 PM
 #2626

Bitcoin is the popular currency you will need to enter the cryptocurrency market. It's the king of cryptocurrency and still reigning and ruling all over the world. I think the high price is as a result of the new investors or people joining the crypto market.
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September 12, 2018, 04:54:35 PM
 #2627

The greater part of the general population contribute the bitcoin and hold the bitcoin for the future contribute enhance for the future development. You will take in more data for future sparing. Individuals now about the bitcoin you will learn it. Bitcoin is future money so it will use for the future exchange process. Bitcoin will be interfaces the general population and offer some procedure data.
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September 12, 2018, 04:57:50 PM
 #2628

if we look at market volume globally, bitcoin has dominated nearly 58% of the total circulation. which means that many traders sell their altcoins and switch to bitcoin as a long-term investment choice

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September 12, 2018, 06:28:19 PM
 #2629

I think the reason why the price of bitcoin is so high it because of the changes of the number of the demand in this business and also because of the sudden changes in business environment. 
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September 12, 2018, 06:42:43 PM
 #2630

Bitcoin has limited amount of it. And also it is unique first cryptocurrency. So it can not be cheap!


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Remat34
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September 13, 2018, 06:59:40 AM
 #2631

Obviously because its the apex coin and the very first of it's kind. Also its area of influence have gone widespread more than any other coins.

It's just normal for it to be this way.
cobra.artemon
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September 13, 2018, 12:00:13 PM
 #2632

Bitcoin does not exceed anything, he was the first and showed that all this is possible. Take the example of a time when there were no cars and someone created the first car, now there are a lot of cars that will be hundreds of times better, but that first will cost a fortune. and with bitcoin

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earn20
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September 14, 2018, 11:38:52 AM
 #2633

Why the price of Bitcoin is so high-the question is quite difficult. I can say one thing: Bitcoin was one of the first cryptocurrencies, and It is popular.

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Ade A Aziz
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September 14, 2018, 11:51:42 AM
 #2634

Why the price of Bitcoin is so high-the question is quite difficult. I can say one thing: Bitcoin was one of the first cryptocurrencies, and It is popular.

Bitcoin has a high price because of the large demand and limited supply. I think that is what makes the price even higher. If demand is increasing and continuing, surely in the future bitcoin will have a very high value.
wolfdragon
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September 14, 2018, 12:01:05 PM
 #2635

Why the price of Bitcoin is so high-the question is quite difficult. I can say one thing: Bitcoin was one of the first cryptocurrencies, and It is popular.

Bitcoin has a high price because of the large demand and limited supply. I think that is what makes the price even higher. If demand is increasing and continuing, surely in the future bitcoin will have a very high value.

Yes and this is the right time now to buy since bitcoin price is still reachable and not expensive. I am hoping the price will rise and will give us good profit soon
Cloud_miner
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September 14, 2018, 12:03:09 PM
 #2636

The high price of bitcoin can be called only if you bought it for $ 1500. Then the price really is very high. But if you bought in January, then for you it is very low.
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September 14, 2018, 12:05:15 PM
 #2637

Those prices that we see now on the market are quite acceptable for the situation with the current reality while there are no accepted ETFs and there is nothing global, but as soon as global integration begins you will be very much surprised by the amount of money that bitcoin will cost.

Ramzabeoulve
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September 14, 2018, 12:12:11 PM
 #2638

Because bitcoin is the trend of the market with blockchain technology, people are very confident in bitcoin. People trust and rely on Bitcoin more than any of the altcoins.
gunbars
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September 14, 2018, 12:15:45 PM
 #2639

Bitcoin was the first and because of that it earned its price while any other coins just born. And it keeps to be popular so the status leads to this high price.
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September 14, 2018, 05:15:09 PM
 #2640

Because Bitcoin is the leading coin in many ways. It has the largest capitalization, and the level of support for this coin is much higher than any other.

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