Why is the price of bitcoin so high

[vonnyaries]

as i know that bitcoin is the first digital currencies that running in blockchain network, so if we hear about blockchain we always remebered with bitcoin, so bitcoin is best cryptocurrencies, bitcoin have a good values right now. and because of bitcoin more popular some people want to have bitcoin, so the demand of bitocin is increased so the price of bitcoin is highs

[artisarr]

A major reason why the Bitcoin price is so high is because investors are buying into BTC. Peoples will buy Bitcoins and the price will be pushed to the moon because the quanlity of Bitcoin is limited.

[Streets 2.0]

News is getting better and better! Firstly, a new historic maximum of 19k is already very close to my forecast of 20k by the New Year! Well, it remains to wait for long - investors' interest and as a result the demand for bitcoins and other crypto-currencies is growing! The price will never be fair, but it will always be determined by a number of objective factors - the whole question is: do you understand these factors or not.

[Streets 2.0]

The first thing I want to say is that the level of 20k by the New Year holidays does not seem to me to be anything far away, looking at the quotations of the bitcoin price today - I am full of optimism! In general, the news about bitcoin is one continuous stream of positive! The New Year's rally begins - as I said in my forecasts: the bulk of investors are states and Europe! And they live by their inner Western clock. By the new year, the markets are always the same. So it's interesting ...

[Streets 2.0]

On December 31, my friends and I sum up our bet. To conclude a bet is a good tradition for us from school - so do not be surprised! The guys work in the oil industry and are far from bitcoin and ether. But most importantly they share my interest and gladly make their predictions "from the ceiling." In any case, it's fun especially when everyone to their predictions adds more to the analyst and the answer to the question why he thinks so. It turns out quite fun! I suggest you all about the same bet and in the New Year with gifts, someone else will get a couple of hundred bucks! The price of bitcoin this year showed the world that you should not underestimate the "dark horses"!

[mongkie]

it depends on the season and now is btc bull run meaning there are lots of investors on bitcoin and the higher the demand, the higher the price.

[kolitski]

People are trusting bitcoin weather it is low in demand or high, most of our investors is capable of bitcoin. Im the one who trusted bitcoin for my investment and trading in world of cryptocurrency.

[HybCZ]

And where do you think the price will grow?

[PandoraTV]

Wall street is entering in cryptos and this explains the huge rise, IMHO.

[HybCZ]

Wall street is entering in cryptos and this explains the huge rise, IMHO.

Where get you this information?

[Gogochen]

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

Rise in the price of the btc, largely because a lot of big countries recognize the value of the btc, and then have a lot of financial institutions began buying COINS, resulted in the rising of the btc.

[xebecstyx]

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

I agree, good point. It's one of the main reasons; bitcoin has always had the upper hand and the higher ground being that it is the pioneer that propelled and built the good name of cryptocurrency in the market. It is always a good position to be in, especially when you have a lot of competition in a very competitive and tight market. It has gained much attention since it's onset, and that converted to a steady increase in price point. Especially now, its price kept on increasing which prompted people to shift their attention to it, gaining more traction in the market that lead to numerous trades and investments.

[Gonzo1977]

I think Bitcoin is the King and he has to stand out. If Bitcoin fails the entire crypto will fail. Just my opinion

[HybCZ]

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

Rise in the price of the btc, largely because a lot of big countries recognize the value of the btc, and then have a lot of financial institutions began buying COINS, resulted in the rising of the btc.

On the one site, banks want to prohibit the BTC  and on the other site they are trade with it? Misleading.

[anil07]

I think now a days a trend start of cryptocurrency and Bitcoin day by day grow up because in the cryptocurrency market bitcoin have a high demand.
Many countries bitcoin accepted as a currency.Now a days Bitcoin represent the cryptocurrency word.

[normanderecho]

I think now a days a trend start of cryptocurrency and Bitcoin day by day grow up because in the cryptocurrency market bitcoin have a high demand.
Many countries bitcoin accepted as a currency.Now a days Bitcoin represent the cryptocurrency word.

I think bitcoin will be high pricing because of many people investing a bitcoin and many people using a bitcoin because of good pricing of it.many persons invest bitcoin because people like the high pricing and easy to sell. if the bitcoin quick to high pricing people fast to sell it and people trust bitcoin because its very interested if the bitcoin will be pump and get the profit of investors.people nevermind if the bitcoin will high or low pricing because people puting it mind bitcoin will be up the pricing again.its sample bitcoin will be high because of investors and users of it and bitcoin will be the king of cryptocurrency so that the bitcoin will up.

[Streets 2.0]

Two weeks to go before the new 2018! My forecast is 20k for bitcoin on December 31! Wishing to argue with me is no longer visible ... I return to the topic. The high price ... In my opinion, if you are an investor - for you there is no such definition of "high price". There is a level at which you "sell", there is a level at which you "buy." There is nothing third ... So let's not deceive each other. There is no "high price". In order for someone to have a pocket empty - any price (even $ 100) is a lot.

[Hasvak K]

Because its safe and decentralized. Unlike every single altcoin.

[Streets 2.0]

I think it's no secret that there are people who are "greedy" all my life ... They are always small ... Such a character met me at the weekend in the bar. We decided to talk about bitcoin and its price. He says that now "the opportunity has opened" at such a "high price" you can put together a fortune! I ask: "how much money do I get?" He replies: "Why? You can just take a loan ..." The topic of lending in investments is eternal. I am of the opinion that it is NOT allowed to invest in loans. Because this increases the risks, the investor begins to think about the repayment of the loan already during the "investment practice" - most often this leads to a sad end. Invest money that you do not mind losing.

[Dani33]

Because is simply the king of crypto currency and the most know, ever more people are investing on this and many countries are starting to accept it as currency