Why is the price of bitcoin so high

[hyunee]

That is one factor. Bitcoin is the first ever Altcoin exist and until now it reigns of all altcoin. It is above to all alt coins. I also think that it is also base on the market and the economy. It is also a factor. Many people also patronize and being engage in bitcoin so I think also it is a factor that I can think of. It is also a decentralized organization that people patronize. I suggest to read a lot of articles and don't just rely on the information of others as it may lead you to nowhere. You can also ask for advice to those higher ranks as they have a lots of experience in bitcoin as well as other altcoins.

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[themistocleess]

Because its return is very high and it is very useful.and its is very demandable.

[Streets 2.0]

Hello! Happy New Year and Merry Christmas! A little bit sober and that I see 13k for bitcoin - I was upset. I lost my bet with my friends. I gave them their prize. What they said to me: Excellent! Let's argue again! I'm ready! Only next time I will be more cautious with predictions - they have a property not to come true))) If seriously it was fun, I liked it, I'm ready to repeat it! Anyone wishing to posle with me at the price level before July 1, 2018 - write a personal message!  

[Streets 2.0]

The question "why the price of bitcoin is so high" is already completely irrelevant against the background of how it was raised in November and December 2017. However, I vseravno decided to reflect a little over its levels this year. Yes, there are authoritative opinions that it has already "worked" its way and now it is time for it to come out with new and more "perfect" more "attractive" crypto-currency products and new protocols and properties. I do not believe! I think the novelty effect will not change from the attitude towards bitcoin - after all, he is the first-born!

[Streets 2.0]

The last thought in this topic today: I do not believe! I do not believe that the time for bitcoin has come to an end and now it is time for new crypto currency with undisclosed potential. The effect of the first-born will never pass. Everyone will call this theme "bitcoin-mania". This is the usual behavior of investors - what we saw before the New Year. Everyone is going on vacation and the holidays make them fix profits, take out cash and go to the mountains to ski and snowboard! As soon as all this is over and everyone returns to work - you'll see the price will go up again! And full of possible we are already in the middle of the year, somewhere in July we will see 20-30-40k for bitcoin. Now this is the reason to again seriously ask: "Why is the price so high?".

[ferrybitcoin.1996]

Simple answer, Bitcoin is pioneer in Cryptocurrency and another reason because they're limited. So thats make the price so high

[sniveel]

The price of Bitcoin is so high simple because bitcoin is the top of cryptocurrency and its stays high cause of all these hard forks. Bitcoin has an highest demand and highest investor so that the price goes high. Bitcoin is low supply that why the price was so expensive cause of that.

[ceremonita]

That is one factor. Bitcoin is the first ever Altcoin exist and until now it reigns of all altcoin. It is above to all alt coins. I also think that it is also base on the market and the economy. It is also a factor. Many people also patronize and being engage in bitcoin so I think also it is a factor that I can think of. It is also a decentralized organization that people patronize. I suggest to read a lot of articles and don't just rely on the information of others as it may lead you to nowhere. You can also ask for advice to those higher ranks as they have a lots of experience in bitcoin as well as other altcoins.

Bitcoin is not an altcoin, first know this. The reason for bitcoin's supremacy in the market is not related to being ever first on the market. It's about the uniqueness and the mass adoption of the bitcoin. That's it.

[mpufatzis]

It is actually the supply and demand law. It is also the most known cryptocurrency today.
In the last 7-8 years, the price from $0.15 has risen to $19,000 and many believe that soon it can worth $100,000.
I don't know if that is possible in the future, but if it could be, just imagine let's say 100 million people trying to buy one bitcoin...
It will be only 21 million of them and the 75% is already mined. It could worth much more than 100 grand

[Pokemon Go]

bitcoin prices can be expensive because bitcoin is the first coin, so most people are more confident investing in bitcoin, which is why bitcoin prices are so expensive.

[HybCZ]

What are the predictions for this year's?  Tips here

[Streets 2.0]

Yesterday I talked with my older brother - he has been investing for 10 years, crypto currency - 2 years. He expressed an interesting idea: no matter how the pricing of bitcoins was explained, it would never be objectively after it entered the "free market". Why? Because any "goods" on the market (stock exchange) begins to acquire speculative properties. And when the process is led by speculators, one should not hope for objectivity in the question of price. It's sad... 

[leavolnhals]

Because bitcoin is at the heart of the technology age, it is the start of 4.0 technology in the future. So companies are pushing for bitcoin investment, which has made bitcoin prices rise dramatically over the past 10 years.

[LAODINGTOU]

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 of the recognition of many countries, and many countries have secretly purchased bitcoin, the price increase is normal.

[Dheo]

bitcoin prices can be expensive because bitcoin is the first coin, so most people are more confident investing in bitcoin, which is why bitcoin prices are so expensive.

Yeah bitcoin is the first coin and they said that bitcoin is the father of crypto currency, bitcoin have many investors and many people use it. maybe that's the reason why bitcoin is so expensive.

[Beldon]

because the number of bitcoin is currently less and less, but fans and devotees are more and more. that's the thing that causes the bitcoin's getting old will be more expensive.

[kawser05]

bitcoin is the most valuable and most popular coin in the world, also it is the god of crypto, cause cryptocurrency born for bitcoin.

[dimastegar]

Due to Bitcoin's high demand, therefore Bitcoin's price is also high.
This is absolute, even for offline assets though. And again because Bitcoin is not dikendlikan anyone.

[matjas]

The price is high because people see bitcoin as an investment and not as a mean of future payment system which it was made for. Right now it doesnt have much practical use besides investing and watching it grow. I am sure it will go even higher in 2018.

[HybCZ]

and what do you think. Will the price grow up or it will go down in this year?