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Author Topic: Why is the price of bitcoin so high  (Read 15511 times)
Adalwolf
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March 09, 2018, 02:31:50 PM
 #981

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 appreciate your questions At a glance Bitcoin can be the best and best coin because it is the original coin. It is true that Bitcoin is the best coin because of the result is given by Bitcoin against his good and satisfying fans. This gives a distinct impression for Bitcoin users.


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MeongElek
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March 09, 2018, 02:44:19 PM
 #982

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 this is not a stupid question, many people out there do not know Bitcoin yet, so I'll explain it. Bitcoin has become a new job for some people, making bitcoin more popular in the community. Of course, this has an impact on increasing demand. But if market demand is less, it will make bitcoin price down. So the answer for you with the high bitcoin price, because of the increasing number of demand in the market.

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daglordjames
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March 09, 2018, 03:07:14 PM
 #983

because i think it's the oldest coin and maybe when it was too young most of the people are mining it and buying it.
Galahad111
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March 09, 2018, 03:09:27 PM
 #984

Bitcoin is the first cyptocurrency and is still the leading one hence it has a very high. It already existed in the market years prior to the rise of the other altcoins and all cyptocurrencies somewhat owe it to bitcoin.
Yeah first one and i think demand is also very high whuch keeps its price high. The high level of demand for bitcoin in the crypto market certainly has an impact on rise in bitcoin prices that are currently increasing significantly. Public confidence is so very high on bitcoin to invest in it certainly brings a positive effect on progress of bitcoin that can't be denied if this year is the year for to rise of bitcoin.
clavirda
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March 09, 2018, 06:50:48 PM
 #985

We must understand that bitcoin is the first and original project that changed the world. Therefore, the price will always be maximum. Many people except him know nothing more in the crypto-world.
glivsh
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March 10, 2018, 09:03:21 AM
 #986

In fact btc is simply the most promoted among crypto projects because people who though invest any money is buying it. Thats it.

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March 10, 2018, 11:26:50 AM
 #987

On pricing is very influenced by the hype in the press. Good news - up, bad - falling. It makes sense to have an understanding of the situation and act from it.
ridertiger
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March 10, 2018, 11:30:51 AM
 #988

Because it is the king and everyone has to buy bitcoin to be able to purchase altcoins. Bitcoin is like the earth, and the altcoins are like the seeds.
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March 10, 2018, 12:05:40 PM
 #989

as long as there's more coming investors to bitcoin, the price of bitcoin will rise. because the price of bitcoin is based on the demand and supply, as the demand rises, the supply will short, that's why the price will rise.

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March 10, 2018, 12:38:04 PM
 #990

Bitcoin is the first largest cryptocurrency in the world and most popular throughout the internet. It mostly represents cryptocurrency, so if cryptocurrenciy gets popular, bitcoin is the first one to be recognized.
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March 10, 2018, 12:45:59 PM
 #991

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 price is very high compared to other altcoin,the popularity of this coin and the increasing demand in the market makes bitcoin price so expensive.

Mali.sak
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March 10, 2018, 01:01:10 PM
 #992

well, it seems soon will come that moment when the price of BTC is becoming more appealing and soon time to buy
Reena28
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March 10, 2018, 01:11:04 PM
 #993

Try to research the bItcoin history on google.. Its documented there ..youll understand why bitcoin is named as the king crypto... Its been around since yr. 2009..
It evolved in many cases..it rises and fall many times....because of bitcoin..all other crypto coins came afterwards..
PancherBitCoin
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March 10, 2018, 01:14:32 PM
 #994

Try to research the bItcoin history on google.. Its documented there ..youll understand why bitcoin is named as the king crypto... Its been around since yr. 2009..
It evolved in many cases..it rises and fall many times....because of bitcoin..all other crypto coins came afterwards..
Bitcoin is a pioneer in the world of crypto-currency, yet it will not lose sight of the fact that this coin will be unique and inimitable in its quality and with better prospects. In my opinion, to date Bitcoin shows what could be a simple soap bubble.
Wickedwitch28
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March 10, 2018, 01:21:23 PM
 #995

Bitcoin is the main coin and the largest cryptocurrency in the whole world. Many people knows about bitcoin and because of it's high price and demand people are now investing on it. They make any kind of strategy so they can make a big profit and be one of the millionaire because of bitcoins.

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Hui Ling
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March 10, 2018, 01:22:47 PM
 #996

because bitcoin is the most widely used coin for invest now, so the bitcoin price is very high.
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March 10, 2018, 01:25:10 PM
 #997

until now the price of bitcoin is still above the price of altcoin, this is because bitcoin is the coin which is very pupular from the coin linnya. I often hear that investors prefer investing in bitcoin instead of altcoin because bitcoin has a high potential for rise, whereas altcoin is less popular than bitcoin and the potential for altcoin to rise is very thin.
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March 10, 2018, 01:27:05 PM
 #998

In my opinion because the bitcoin enthusiasts more and more. Investors are increasingly investing bitcoin over other coins.
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March 10, 2018, 01:29:39 PM
 #999

the price is high because it was the first one and have almost 5-6 years of adoption advantage

but also because of the supply available, it’s just 21 millions, so that makes the price so high compared to others
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March 10, 2018, 01:30:36 PM
 #1000

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 price is very high compared to other altcoin,the popularity of this coin and the increasing demand in the market makes bitcoin price so expensive.

I do know little about ETH popularity among whales but BTC has never lost its attractiveness. For example that news about Mt. Gox exchange having disclosed that one Tokyo attorney had sold BTC and Bitcoin Cash worth $400 million since late September. And it's only one person!
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