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Author Topic: Why is the price of bitcoin so high  (Read 15511 times)
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January 04, 2018, 07:27:20 PM
 #681

I decided to predict the price by the end of 2018 at 40-50k for bitcoin and about 5-7k for Ethereum. Why these two? Because between them I noticed a link if I were a programmer - I would write a program based on this connection I think it would be nice to earn money! Smiley If you return to the topic of high prices, then given that I'm waiting for 40-50k today, crypto-currencies in general are highly unvalidated and not vice versa! So all the talk about the fact that the price is high only for those who do not believe in the topic and apparently just do not understand anything. Tongue

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January 06, 2018, 01:52:53 PM
 #682

With the words "I told you!" this does not convey ... As I said, the price went up - and it was clear right away. Indeed, the beginning of the year always portends "purchases", and this is an increased demand for crypto-currencies. So our dear and beloved bitcoin will again storm new highs. Personally, I believe in the level of 40-45 by the end of the year with ups and downs - speculators have not disappeared anywhere. + 2018 I am sure will give us a lot of good news about the legalization of the crypto currency in various doubting countries. : Smiley

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January 06, 2018, 02:00:41 PM
 #683

Bitcoin price is very low few years ago. If you just join now then it is normal that the price is very high since you missed the opportunity to buy Bitcoin at low price. It is the same for every stocks in the market (Amazon,apple,Twitter,facebook). You can buy other cheap coins If you want but it will not be Bitcoin.
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January 06, 2018, 04:40:47 PM
 #684

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 Smiley
Bitcoin is representative of the whole crypto industry. So if you ask someone about bitcoin don't even understand the cryptocurrency they call bitcoin. Therefore, all invest in it. And the fact that basically all pairs are traded via BTC so even if you want to buy altcoins you first need to buy BTC.
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January 06, 2018, 04:52:13 PM
 #685

because demand and supply so high. it support bitcoin increase high price and stay in high
today, so a lot people used bitcoin to their daily transaction and livelihood, beside jobs and hobby
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January 06, 2018, 04:54:09 PM
 #686

 Smiley hi!!   yeah BTC is the legend at the moment and BTC has  21,000,000  maximum supply which is very low when you compare with other Alt coins, so its price must be increased very rapidly because of that minimum supply.and this is just the beginning of BTC journey near future it's gonna increase more and more!!  it doesn't mean new ALT coins don't have a chance to come forward and take a good place in the market.  Smiley

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January 06, 2018, 05:00:50 PM
 #687

While in bitcoin there will be a lot of money, its price will be high. Money should make money. This is an easy way to increase your capital. Therefore, the price will not fall. Bitcoin is a great tool for manipulating.
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January 06, 2018, 05:01:09 PM
 #688

I do think it is due to high demand in the market that causes bitcoin's price to grow even more. Bitcoins potential to grow is seen already that is why it hooked to many new comers that wanted to engage into bitcoin.
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January 06, 2018, 05:04:12 PM
 #689

BTC is a brand and first crypto. It has low and limited supply. Almost all coins were traded through BTC.
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January 06, 2018, 05:17:19 PM
 #690

Because bitcoin is very rare and the oldest.
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January 06, 2018, 05:23:38 PM
 #691

Why is the price of bitcoin so high
At its height it is now difficult to buy a bitcoin
With the volume of users and rotating it is increasing, many investors also use bitcoin
because of the world of bitcoin that rotates around different countries so it rises
more and more you can join the branches near you
6 days ago - Why Bitcoin's Price Has Continued To Rise In The Face Of High Transaction Fees. ... Bitcoin Cash features a larger block size limit, which increases the supply of block space, but it is also a completely different cryptocurrency network that does not have the level of liquidity or network effects seen in bitcoin.
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January 06, 2018, 05:28:54 PM
 #692

it is not high the price of bitcoin will go much higher in 2018 this is the right time to get in.

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January 06, 2018, 05:36:32 PM
 #693

because demand and supply so high. it support bitcoin increase high price and stay in high
today, so a lot people used bitcoin to their daily transaction and livelihood, beside jobs and hobby

And that's one of the reason why  the price of bitcoin is so expensive because now a days many people are using bitcoin, and the investors was continue keep growing .
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January 06, 2018, 05:48:05 PM
 #694

There are thousands of coins and nobody knows them all. Some people know some coins. But everybody knows Bitcoin. This is the reason why Bitcoin has the biggest value - it has the biggest user base.

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January 06, 2018, 05:52:17 PM
 #695

it it high and gonna grow due to high demand. and also, it is getting harder to decide btc blocks, so mining becomes more demanding every ither day (i mean electricity and equipment)

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January 06, 2018, 06:16:14 PM
 #696

The founder of Bitcoin has a vision and current devs are considered as the best of the world. Furthermore Bitcoin is something unique that never has existed before.
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January 06, 2018, 06:17:55 PM
 #697

In a telegram channel an expert analyst suggested that the next leg up can take bitcoin to 49k usd value, if it happens keeping bitcoin will be for the rich only and no doubt many holders will become rich.

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January 06, 2018, 06:22:35 PM
 #698

There is so many reasons of this one of which is that the basic coin of crypto is bitcoin and now every one want to invest in it because of high growth of return and high demand of btc
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January 06, 2018, 06:29:28 PM
 #699

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 Smiley


limited inventory, and demand that exceeds the limit. this is what makes bitcoin increasing in price terms. hopefully useful and become knowledge for you.

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January 06, 2018, 06:31:11 PM
 #700

There is so many reasons of this one of which is that the basic coin of crypto is bitcoin and now every one want to invest in it because of high growth of return and high demand of btc

Most of the people invest the bitcoin and hold the bitcoin for the future invest improve for the future growth. You will learn more information for future saving. People now about the bitcoin you will learn it. Bitcoin is future currency so it will use for the future transaction process. Bitcoin will be connects the people and share some process information.

 
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