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CaptainKid
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November 23, 2017, 10:20:34 PM |
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The price of bitcoin will increase with the growth of people involved in bitcoin. According to specialists, bitkoin even now has not reached that price, according to its prospects and people interested in it.
In your opinion, is this the only reason that contributes to the growth of bitcoin? But really bitcoin has not reached its limit, and there are all prerequisites for further growth. |
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kevindjunaidi
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👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
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November 23, 2017, 10:28:27 PM |
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probably because bitcoin is the first coin in the world of crypto, so many people are more confident to use bitcoin than in other coins, that's what makes bitcoin prices can be very high compared to other coins.
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Desperaboss
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November 23, 2017, 10:33:07 PM |
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The price increases because more and more people are involved in cryptocurrency. It might be possible that bitcoin can hit 10k at the end of the year around christmnas.
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carlisle1
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November 23, 2017, 10:35:28 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  It's not that complicated, all around the world, people are buying itcoin because they think it's a great opportunity for an efficient investment. They keep demanding it, hence the price of bitcoin is booming as a result. added unto it is the fixed supply of bitcoin that makes it in demand most of the investors want to hold bitcoin before stock lasts.not to mention because of decentralization the crypto currencies become the best option for the people to be an asset compare to the banks small interest here in crypto the chance of big interest is at stake |
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batang_bitcoin
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November 23, 2017, 10:41:54 PM |
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Demand is the main reason why the price of bitcoin is so high. It's like you are looking for a bottled water in the desert and by seeing someone he's offering you it for $1,000. And bitcoin is also supported by majority of the altcoins, before you can buy those altcoin of your choice you need to have bitcoin first for buying it but there are also another choice which is ETH.
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ilovefeetsmell
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November 23, 2017, 10:48:56 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 Because of limited supply, I just realized that limited supply at a higher price but if the supply is unlimited, the price will go lower. Limited supply with a higher demand is equal to the higher value or higher price in the cryptomarket. So, keeping your bitcoin in your wallet will keep the price higher and higher after a year. Bitcoin has dominating demands unlike other altcoins doesn't have. |
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ritsel02
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November 24, 2017, 02:20:27 AM |
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Bitcoin's popularity is increasing,lot of people, large merchants and investors have faith in bitcoin which lead it to a high demand than that of its supply,for we all know that bitcoin's supply is finite or limited.This is one of the reasons why its price is so high nowadays.
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jhonjhon
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November 24, 2017, 02:30:53 AM |
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The price increases because more and more people are involved in cryptocurrency. It might be possible that bitcoin can hit 10k at the end of the year around christmnas.
As the numbers of people increase, automatically will affect bitcoin price. Bitcoin now is popular and the people are started using it instead of fiat money. And it is simply because we have just want to change, replacing old by a new one is very exciting and full of surprises. And I believe that, bitcoin will continue soaring and it would be more useful in the future. |
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eloymjb
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November 24, 2017, 02:43:01 AM |
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in that case bitcoin price so high because all of the people had focus on bitcoin for now. because we all known that the we have upcoming bitcoin fork everyone noticed that if you invest now in bitcoin you gained instant profit after that fork. so thats why bitcoin price for now is so high.
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Baimovic
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November 24, 2017, 02:46:35 AM |
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yes, bitcoin is more than a coin name, all the world knows that bitcoin is currently the parent of altcoin, so I say that the next few years bitcoin will get higher in value because more and more bitcoin demand and supplies are getting scarce.
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entrepmind23
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November 24, 2017, 02:56:00 AM |
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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 Bitcoin is the most popular among all the cryptocurrencies and most likely if someone doesn't know about cryptocurrency at all, the first one he would hear about is bitcoin. Many people knew about bitcoin but not about cryptocurrencies in general. Many thought that bitcoin is just the only digital currency if they will not further research about it and when they knew about the other thousand coins existing, they would be surprise. Bitcoin so far is use as a payment option by some merchants so it has usage in real world but for others, they are for speculation purposes only because their projects are not yet finished, its under development and some are just abandoned by the developers but already listed in exchanges. It is the father of cryptocurrencies I must say because it is the first one and given its price history, many are amazed at how it increased in the past few years and the price surge lately because of the attraction it gets especially from those who have deep pockets thus a high price. |
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shark69
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November 24, 2017, 03:00:18 AM |
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because of the large number of people selling bitcoins.
then the bitcoin price will also increase. it will also have an impact on the difficulty of finding bitcoins.
the higher the price then the more it will sell. the more it sells it will be hard to find the bitcoin.
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Brothersav
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Activity: 182
Merit: 10
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November 24, 2017, 03:12:06 AM |
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supply and demand. 21 million (minus 1 million for Satoshi, minus 2 million lost coins) looking at 18 million coins.
They become harder to mine and cost more to mine therefore will become more expensive.
BTC is a store of value.
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Eros1on
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Activity: 258
Merit: 10
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November 24, 2017, 03:16:47 AM |
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The price of bitcoin is getting higher and higher for the following reasons: First, bitcoin is understood by more and more people that more and more people choose to buy bitcoin as a financial product: the second point , Many large funds and financial institutions have also chosen to invest in bitcoin as an investment product. Thirdly, the development of blockchain technology is increasingly recognized and promising.
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NelfiNovita
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November 24, 2017, 04:08:18 AM |
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because the bitcoin is getting more and more popular and the people's support for bitcoin is so great that bitcoin can be a big advantage.
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burnsh56
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Activity: 40
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November 24, 2017, 04:24:31 AM |
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Bitcoin price is growing only because of high popularity.
If ethereum would become as popular as bitcoin, it would cost much higher cause it is technologically better.
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Lpim01
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November 24, 2017, 04:38:18 AM |
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Bitcoin price is growing only because of high popularity.
If ethereum would become as popular as bitcoin, it would cost much higher cause it is technologically better.
You're right, but not only because of its popularity worldwide but also, bitcoin have its huge potentiality of high gaining profit even in a short period of time compared to other forms of investment. And it is highly recognized by the community to invest in here. And in effect with this, is the increase of demand in the market place. |
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Spanopohlo
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Aim High! Bow Low!
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November 24, 2017, 04:40:33 AM |
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The Price of Bitcoin is truly high because it is the True and Ultimate coin compared to others. It is also used by more People thus, making it popular and in-demand. It has the Directly Proportional Status whereas more people uses and sell bitcoin, its price also will be more or should I say Increases. Adding to It, is the cycle of Coins in the market, Making it Demand-able for all people. So, it is only natural for bitcoin to have a high value.
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Evangeline2
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November 24, 2017, 05:21:26 AM |
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The reason is simple. Bitcoin is becoming more and more known to the public. More and more people are willing to buy bitcoin as an investment product, so the price of bitcoin will rise in the long run.
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Nagrogflaz
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Activity: 294
Merit: 11
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November 24, 2017, 05:38:48 AM |
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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 do not know the real reason why bitcoin prices are so high but maybe because it has attracted many people to be one of the reasons |
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