Bitcoin Forum
May 07, 2024, 03:14:48 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 [44] 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 ... 140 »
  Print  
Author Topic: Why is the price of bitcoin so high  (Read 15510 times)
PancherBitCoin
Sr. Member
****
Offline Offline

Activity: 812
Merit: 317



View Profile
February 10, 2018, 08:36:13 AM
 #861

Of course, the first reason is the acceptance by Japan in spring 2017. However, this is not the only reason. BTC really develops and solves it's problems (lightning and speed of transactions as example) and this is why inestors believe in this coin.
The fact is that not everyone believes in these new projects, lightning, which can increase the speed of transactions, because it seems that few people already believe in Bitcoin and it will be very difficult to develop these strategies. You can see for yourself that many users lost their money during the next and very rapid drop in the price of Bitcoin. After 20,000 dollars, a comma is almost twice as much.
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715094888
Hero Member
*
Offline Offline

Posts: 1715094888

View Profile Personal Message (Offline)

Ignore
1715094888
Reply with quote  #2

1715094888
Report to moderator
1715094888
Hero Member
*
Offline Offline

Posts: 1715094888

View Profile Personal Message (Offline)

Ignore
1715094888
Reply with quote  #2

1715094888
Report to moderator
1715094888
Hero Member
*
Offline Offline

Posts: 1715094888

View Profile Personal Message (Offline)

Ignore
1715094888
Reply with quote  #2

1715094888
Report to moderator
albertcrypto110
Jr. Member
*
Offline Offline

Activity: 140
Merit: 1


View Profile
February 10, 2018, 08:37:02 AM
 #862

Btc price high becuase due to mrket demand.Many people invest and hold in bitcoin. Because they believe the price every years will be up.It is normal that bitcoin always remain in high portion in the crypto world.More and more people will learn about Bitcoin. After so many years, people begin to believe in bitcoin,Because bitcoin is limited in the world
Zinhin
Newbie
*
Offline Offline

Activity: 43
Merit: 0


View Profile
February 10, 2018, 08:41:19 AM
 #863

Other crypto currencies  is not as popular as Bitcoin.Bitcoin first crypto All other crypto currencies following Bitcoin.Blockchain technology is very best technology. Crypto world decided by bitcoin . So it more high.
shidannv
Full Member
***
Offline Offline

Activity: 201
Merit: 100



View Profile
February 10, 2018, 08:50:26 AM
 #864

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
I think it is because the more superior of it so the price of it is high.
lance04
Full Member
***
Offline Offline

Activity: 462
Merit: 112



View Profile
February 10, 2018, 06:27:40 PM
 #865

Actually that was the big question of other people. The reason behind that the price of bitcoin is too high is because of the huge and massive demands they have in the world trade market;
from these people who supports the services of bitcoin they can obtain a huge amount.
SameerSony
Newbie
*
Offline Offline

Activity: 211
Merit: 0


View Profile
February 11, 2018, 07:32:45 PM
 #866

Bitcoin is representative of the whole crypto world.It is the first and the most famous coin in the cryptocurrency world.The reason behind the price of bitcoin is so high is the huge demand in the world trade market.The higher the demand the higher price will occur.
crazylikeafox
Sr. Member
****
Offline Offline

Activity: 798
Merit: 251



View Profile
February 12, 2018, 01:03:51 PM
 #867

I think it's due to the supply of bitcoins are lesser and the demands are higher, so the price will keep rising. As we all know, bitcoin is the first crypto to ever exist and it is also used for easy transactions in several countries. Bitcoin already served as the best crypto and it is popular to investors.
denysrodman
Member
**
Offline Offline

Activity: 224
Merit: 11


View Profile
February 12, 2018, 01:13:30 PM
 #868

Important news to watch for Bitcoin price:
  • CFTC meeting is rescheduled for 14 February. If you have nothing better to do on Valentines day, you can watch CFTC meeting. Probably ICO regulations will be discussed.
  • CBOE futures are expiring 14 Feb. Last time it happened 17 January, the price collapsed under 10k. I dont think it will have such a dramatic impact this time but who knows.
harbin55
Sr. Member
****
Offline Offline

Activity: 615
Merit: 258



View Profile
February 12, 2018, 08:24:22 PM
 #869

The reason behind why the company of bitcoins is too high is because of having a huge, huge, huge demand in the world trade market.
There excellence is being recognized by lots of people and and experts which provides them a huge impact in the industry.
antolinicio1
Full Member
***
Offline Offline

Activity: 518
Merit: 100


View Profile
February 12, 2018, 08:27:35 PM
 #870

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
Is it low enough now bro?  Grin everyone just should use this opportunity to buy cheap btc before complaining in half a year again that btc is extremely expensive. At least I am accumulating.

Long Bitcoin , Short the Bankers
valnd
Member
**
Offline Offline

Activity: 406
Merit: 11

Until the end of time


View Profile
February 12, 2018, 08:27:59 PM
 #871

Guess this is a wrong timing because the question was ask on during bitcoin boom. Now bitcoin is it's dip. alot of factors contributed. High demand because of FOMO.
Latviand
Full Member
***
Offline Offline

Activity: 1540
Merit: 219


View Profile
February 14, 2018, 12:44:16 AM
 #872

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
Because Bitcoin is the superior and the original one . Also Bitcoin is the face of crypto currency . Whenever a brand-new technology emerges, it often attracts a lot of investor interest . Even its value drops or falls it will still superior . The rapid drops are partly the result of continuing fears about regulation, as well as anxiety provoked by a series of high-profile thefts. In the upcoming weeks and months i am pretty sure that Bitcoin will be going to make its comeback
kololo
Sr. Member
****
Offline Offline

Activity: 560
Merit: 250



View Profile
February 14, 2018, 12:49:18 AM
 #873

It is just about needs and supply. Total bitcoin supply is 21,000,000. But the needs is going on quickly. But the supply can't with it. So the price goes up.

The more people use bitcoin, the more price will bitcoin be.
richcorner100
Full Member
***
Offline Offline

Activity: 616
Merit: 100


https://exip.live/


View Profile
February 14, 2018, 01:04:59 AM
 #874

There are many others original coin beside Bitcoin, and the price of Bitcoin so high because the demand of this crypto increasing alot. As we know amillion people buying Bitcoin because Bitcoin given many benefits, but the total circulating supply of this coin just about 17 million coin.

EXIP PROJECT
A Decentralized Domain & Top-level domain service where your domain and TLD identified by a NFT
────────  Whitepaper ⬝  Twitter ⬝  Telegram⬝   Facebook ⬝  Medium    ─────── 
Gamerholic
Sr. Member
****
Offline Offline

Activity: 843
Merit: 255


8V Global | 8v.com


View Profile
February 17, 2018, 09:00:40 PM
 #875

An interesting topic for conversation - especially given that it was created long ago and the price for this time has already gone down and up several times! It will be fun when it reaches 20-30k and again there will be many posts and screams in this thread! Honored laughed - thanks to everyone! Smiley Grin

         ▄▄████████▄▄▄▄▄▄▄▄▄              ▄▄▄▄▄▄▄▄▄
      ▄██████████████████████            ██████▀▀
     █████▀      ▀███████████▌          ██████
    ▐████         ██████    ██         ██████
     ████▄      ▄██████████ ▐█▌       ██████
      ▀████████████▀▀ ▐████▌ ██      ██████
   ▄▄█████████████▄    █████ ▐█▌    ██████
 ▄█████▀▀     ▀▀████▄  ▐████▌ ██   ██████
▄████▀          █████   █████ ▐█▌ ██████
█████           █████   ▐████▌ ████████          ▄█▀▀▄   ▄█▀▀█▄   ▄█▄███▄▄███▄
█████▄        ▄█████     █████ ▐██████          ██      ██    ██  ██  ▀██  ▀██
 ▀████████████████▀      ▐████▌ █████     ▄▄▄   ██▄  ▄  ▀█▄  ▄█▀  ██   ██   ██
   ▀▀▀███████▀▀▀          ▀▀▀▀▀  ▀▀▀      ▀▀▀    ▀▀▀▀     ▀▀▀▀    ▀▀   ▀▀   ▀▀
          ▀▄▀▄▀▄▀▄▀▄▀▄              ▀y
   ▄▀▄▀▄▀▄▀▄▀▄  ▀▄▀▄▀     ▀▄▀▄  ▀▄ ▄▀▄▀▄▀▄ ▄ ▄
▀▄▀▄▀▄▀▄▀▄▀ ▀ ▀ ▀▄▀  ▀   ▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀ ▀
 ▄  j▄▀▄▀▄▀▄ ▄▀a       ▄ ▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄  c▀
      ▀▄▀▄▀▄▀ ▀        ▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀ ▄
       ▄▀▄▀▄▀          ▄▀▄ ▄▀▄▀▄▀▄▀▄▀▄▀▄▀ ▀▄
        ▀▄ ▄ ▄         ▄▀▄▀▄▀ ▀▄e ▀▄▀▄▀ ▀
          ▀▄▀▄▀▄      ▀▄▀▄▀▄▀▄    ▀▄▀▄  ▀
           ▄▀▄▀▄▀▄      ▀▄▀▄▀        ▄▀▄ ▄ ▀▄▀
            ▀▄▀▄▀▄▀       ▀▄▀   ▄         ▄▀▄
             ▄▀▄▀          ▄▀  ▀         ▀▄▀▄▀
             ▄▀▄                             ▀  ▀▄
            ▀▄▀                                 ▀
YOUR GLOBAL DIGITAL ASSET EXCHANGE
███████     WEBSITE     |    TELEGRAM    |    FACEBOOK    |     TWITTER     |   INSTAGRAM   ███████
▄▄█████████████████████████████████████▄▄
███▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀███
███                                    ███
███                                    ███
███                                    ███
███                                    ███
███                             ▄▄▄▄▄▄▄▄▄▄
███                           ▄█▀▀▀▀▀▀▀▀▀▀█▄
███                           ██          ██
███                           ██          ██
███                           ██          ██
███▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██          ██
 ███████████████████  ███████ ██          ██
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██          ██
             ████████████████ ██          ██
           ▄█████████████████ ██▄▄▄▄▄▄▄▄▄▄██
          ███████████████████▄ ▀████▄▄████▀
►►  Powered by
BOUNTY
DETECTIVE
Vektrum
Member
**
Offline Offline

Activity: 420
Merit: 14


View Profile
February 18, 2018, 08:44:29 AM
 #876

The price of bitcoin is really high compared to other altcoyins. This is primarily due to the history of the crypto currency. Bitcoin was the very first crypto currency, and therefore people who have heard anything about crypto currency, connect it basically with bitcoin. When interest in bitcoin has increased and it began to grow in price, further people's desire to gain huge profits from the growth of its price has already worked. This led to significant investments in bitcoin, and as a result - again to increase its rate. It was a vicious circle. And with each such round the price of bitcoin increased significantly. This is the first reason for such a sharp difference in the price between bitcoin and the rest of the crypto currency.
lalabotax
Full Member
***
Offline Offline

Activity: 1526
Merit: 132


BK8 - Most Trusted Gambling Platform


View Profile
February 18, 2018, 08:54:31 AM
 #877

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


the value of bitcoin becomes high because demand is more than the seller. for example, in every crypto trade all have bitcoin as a transactional tool for all altcoins in the market. yes I think this is a simple example.

thescimitarr
Jr. Member
*
Offline Offline

Activity: 117
Merit: 6

FREE VPS. Check Signature for link


View Profile
February 18, 2018, 08:55:50 AM
 #878

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

This is mainly because it has become a standard to deal and trade any other altcoin. Atleast I think so

FREE 100$ USD Credits for Cloud Mining. [https://m.do.co/c/8b29898f1cb6]Register here![/url] FREE Virtual Private Server
Stella27
Member
**
Offline Offline

Activity: 294
Merit: 10


View Profile
February 18, 2018, 09:05:54 AM
 #879

Well I guess aside from it is the original one, there is a higher demand for bitcoin since in most countries, it is the only coin that can be converted into the current currency. So I guess that is the main reason why it keeps on rising, the demand
dizzy1996
Full Member
***
Offline Offline

Activity: 854
Merit: 102


MoonDeFi


View Profile
February 18, 2018, 09:13:12 AM
 #880

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
Hello, I will be pleased to answer your question, the price for bitcoin is so high from the large demand for it as the volume of trading is quite large and a lot of news on this token raises its price as blockchain technology already introduces the banking system of many countries and, accordingly, the demand and cost the token grows

► MoonDefi ◄ ♦ Decentralised Protocol For Automated Liquidity ♦ ► MoonDefi ◄
───●●───●●───●●───●●───●●─[   Bounty Detective   ]─●●───●●───●●───●●───●●───
Website◂ | ▸Twitter◂ | ▸Medium◂ | ▸Telegram◂ | ▸Reddit
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 [44] 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 ... 140 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!