Why is the price of bitcoin so high

[Ziminator]

Recently, there is a great deal of excitement around him, people are interested in investing in an investment project, which gives rise to even greater demand for bitcoins, so the price grows!

[eyesopen]

There is high demand for the number 1 crypto currency

and i think the demand is only going to get higher in 2018.

[nmax21]

Soon bitcoin will be released on large American exchanges, and then absolutely other money will flow into the crypto currency. I think in the coming years Wall Street will change))) The Crypto currency will go into fashion and the leadership of the countries will not do anything about it.

[skripsup]

Bitcoin is the one and only leader. It's the first and the greatest crypto currency.
It's price will go up further, especially if the futures will be released now officially.

There is a large demand for BTC and more and more people get to know it. Soon everyone will buy it and this will lead to more price increase.

[PancherBitCoin]

Bitcoin is the one and only leader. It's the first and the greatest crypto currency.
It's price will go up further, especially if the futures will be released now officially.

Of course, I do not know why it's Bitcoin who all make a bet, and why Bitcoin has such a price they are another coin. But for today I'm sure that the price for Bitcoin will continue to grow.

[Praetorian.1legion]

And analysts forecast growth to $ 100,000 next year. If so many people buy it, many people did not believe in bitcoats, but now they are buying. So it's someone you need.

[ui_zakharchenko]

Hello
50.000 soon... no reason to come here every 2 minutes, leave your BTC and come back in a year.

[engin978]

There is only one reason that it is, getting more popular,
More people are investing,the more price go higher....
There is only one thing that will return it down is some unsecure reasons....
otherwise it will keep rising....

[Qpeep]

I guess the wall street sharks are starting to build their positions in Bitcoin right n ow, this could be one of the reasons.

[asuusa]

Look, it's just one huge hipe. It will fall and then it will grow again. Today it cost 12 000, tommorow it can fall to 9 000. The big guys earning big money on that roller coaster.

[ctrlaltdeluge]

Because there are tons of people who care about Bitcoin, how good it is and how potiental it is, so if people are enjoying it they will looking to buy Bitcoin and the price will be pushed to the moon because the quanlity of Bitcoin is limited.

[paloloy]

Bitcoin price become high when the supply is very limited and the demand is very high. Bitcoin is tagged as an internet Gem that serves as an asset for the future.
Like a Gem, people want to have it and since due to limited supply the bid will be higher than the average price.

[paloloy]

Because there are tons of people who care about Bitcoin, how good it is and how potiental it is, so if people are enjoying it they will looking to buy Bitcoin and the price will be pushed to the moon because the quanlity of Bitcoin is limited.

While Bitcoin is expensive it continues to attract more investors and people want to invest because the profit is very high.
Looking at the price graph chart from 2015, Bitcoin never stopped increasing.

[hajimasan]

Because there are tons of people who care about Bitcoin, how good it is and how potiental it is, so if people are enjoying it they will looking to buy Bitcoin and the price will be pushed to the moon because the quanlity of Bitcoin is limited.

While Bitcoin is expensive it continues to attract more investors and people want to invest because the profit is very high.
Looking at the price graph chart from 2015, Bitcoin never stopped increasing.

Yeah , and here naother factor two are much important that are big reason of the bitcoin increase in price .
First reason is the increasing demand and decreasing supply day by day , so this is usual thing in any field that results into increasing price .
Second reason is the bitcoin fork , here already three fork happened and three coins in equal amount of the bitcoin we got , So people are waiting for new incoming fork and want to make free money , and this is also truth that new 2-3 fork will happen in the next year of Frist two months ( According to news that we seen in many social media ) .That why the people are investing money in the bitcoin in bulk amount to make profit with two side , one by increasing price second by fork free coin.

[NetDetective]

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 on the BTC and mostly all the other coins  are made on supply and demand.
When the price of Btc is high is probably because many people are holding and these btc ain't around the market.

[_Mikasa_]

One of the factors is bitcoin is the first cryptocurrency and it represent the whole world of cryptocurrency. Altcoin is made because of the imperfections of bitcoin but still bitcoin is the more superior currency.

[Bren Briones]

I think one of the reason why bitcoin's price is really sky high is because the of the mere factor that it is one of the pioneer, one of the biggest and one of the most bough and invested with crypto currency.Since it is dominating the blockchain, it remains as the most high valued token of all.

[cherry yu]

the reason why bitcoin price getting higher its because of markets demand. when bitcoin arise thier is no negative feedback on it thats why people nominate bitcoin to be the mother of all altcoin.

[mhayandal]

The price of the bitcoin is very high because many people think that this is a great opportunity to invest besides the bitcoin is the first strongest cryptocurrency all around the world.

[Doctor.Strange]

The more you invest in any project, the higher its price is gonna be.

Look at the market cap of bitcoin, almost $186 billion, if people leave bitcoin and choose another like Eth or Xmr then Bitcoin rate will fall.