phuong0011
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September 19, 2018, 02:31:06 PM |
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BTC is a honey coin, always a lot of enthusiasts. This coin always gives the best value to its users. For some reason, BTC is at the mine every day but it doesn’t run out, and its value is always stable.
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Dmitry_K
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September 19, 2018, 02:49:38 PM |
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The price for bitcoins is determined by the market itself. The price is determined by the demand and supply in the market. Today bitcoin costs so much because market participants have decided so.
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Teal Deer
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September 19, 2018, 02:52:24 PM |
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The value of BTC rises proportionally upwards because of its demand, the more people want to buy it, the higher its value will be. The more BTC to sell (buy) and therefore the price will fall. Everything is cyclical and depends on one another. These are the principles and laws of cryptocurrencies. I hope I answered your question.  |
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Sam$oN
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September 20, 2018, 07:59:43 PM |
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You know that Bitcoin is the main token of Crypto, every token build their Blockchain depends and support of Bitcoin Blockchain. You hear about Bitcoin before crypto that's why Bitcoin price is so high.
Well bitcoin is the first thing that people hear entering the crypto. Many people do not even know the blockchain, but they know bitcoin. I was like this, I did not know about the blockchain, but I found times when it was possible to mine with a leaf and a pen (encryption algorithms were so simple). |
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georgiasus
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September 21, 2018, 02:24:43 PM |
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Hey. Even those people who are not engaged in investments know what bitcoin is. This generates trust. Reputation works for bitcoin.
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Dinct
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September 23, 2018, 10:39:45 AM |
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Because bitcoin is globally recognized throughout the world and that way many investors adopt it and invest their money instead of putting it in the bank.And the demand of bitcoin makes the price soo high and of course the low supply the big possibilities to make its value grow up.
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Mister.Satan
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September 23, 2018, 10:59:24 AM |
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I think Bitcoin price can be higher in the overhype market. Yes, even higher than last year's high.
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EventChain
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September 23, 2018, 11:08:11 AM |
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guess that somebody must have taken this question very seriously and this could explain the bloodbath of today with BTC's price tanking.
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yehezkielrevandi
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September 23, 2018, 11:12:50 AM |
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It is not high!
Maybe my answer is very short, Bitcoin is the parent of all cryptocurrencies, if bitcoin down, then other altcoin prices will come down. And if the bitcoin is up, another auto altcoin will go up, bitcoin is the benchmark for the price of all altcoins.
The factor of rising bitcoin prices, the number of enthusiasts or buyers or investors wanting to buy bitcoin, if the demand or leadership is large bitcoin will rise
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premkibank
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September 23, 2018, 11:30:51 AM |
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in my opinion if you know the basics of economic. law of supply and demand you will get your answer.
according to law of supply and demand if supply is low and demand is high than sure price will increase.
for example- you have one car and 5 buyer wann buy your car than you will increase price of your product because you have low supply and demand is higher than you supply.
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Bitgopix
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September 23, 2018, 11:32:42 AM |
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Because there are people who are ready to buy it for how much. And this is the main indicator. Demand creates supply. People themselves determine such a price.
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Bren Briones
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September 23, 2018, 11:39:05 AM |
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Basically the idea why the price of bitcoin is much more higher than altcoin is due to that bitcoin is the king of all coins. Technically it has only limitted numbers of coins circulating in the market. It is the most popular coins and is mostly used in most countries.
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bitcoinst
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September 23, 2018, 12:36:59 PM |
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The real cost of bitcoin is quite difficult to calculate, but if we take calculations from the consideration that the number of bitcoins is small, then in the future the price can reach 1 cent per 1 satoshi, in bitcoin 100,000,000 satosh, do not sound truthfully?
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AlexAtom
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YOUC - www.youengine.io
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September 23, 2018, 02:23:08 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 If we think bitcoin price is expensive because it has low supply, we half right then. We can see from the market cap that it is really true, bitcoin has the highest value in the market. I think it is because bitcoin has been trusted by many peoples from earlier. They bought bitcoin for high price, and don't want to sell it with lower price. |
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delton22
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September 23, 2018, 02:37:52 PM |
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Certainly the best in everything is always the first one to come out. Bitcoin is the first cryptocurrency to be developed and has circulated globally. So it has to be the best and has a high price.
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rainezerr401
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September 23, 2018, 03:03:34 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 The price of bitcoins is so high because of the demand in the market coming from different countries, bitcoins is very popular so we can expect its price to increase again just like what happened last december. |
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phurrey
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September 23, 2018, 04:01:18 PM |
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Bitcoin is the first cryptocurrency and is still the leading one hence it has a very high. Bitcoin prices are high because the market's demand is much more.
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CryptoGuro1
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“The Protocol for the Audience Economy”
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September 23, 2018, 04:06:17 PM |
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If only we knew this back then lol. I suppose we may see these prices again some day. Nice entry now though I feel if you are long-term minded
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M E D I A 『 https://www.mediaprotocol.org/ 』
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RushKing
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September 23, 2018, 04:07:56 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 think it is because of the investors who really support the bitcoin. i just notice that the supply of bitcoin is kinda low but the demand of every investors is high that result for having a big amount of price into it. |
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nurularesyi1995
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September 23, 2018, 05:52:00 PM |
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because now there are so many bitcoin users, bro and the function of bitcoin itself is already needed by many people. Especially those who use bitcoin as a substitute for large enough funds. bitcoin markets. For now I can still give a little explanation of why the price of bitcoin is very expensive. I am also a newbie and need a lot of learning. Regards and thanks.
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