Why is the price of bitcoin so high

[Dwarfalamei]

Now the price of bitcoin is not as big as it could be. I believe that it should cost more. I very much hope that the market will soon begin to grow rapidly!

[Ar.harry]

Because bitcoin is the first coin in the market of crypto which makes crypto world famous.  Whenever the name of cryptocurrency  comes the there will always be the name of bitcoin infront of it.  So, bitcoin price is so high.  When you do work in bounties,  some bounties gives rewards in btc, the bitcoin is promoting itself by bounties work. 

[zenfo]

Because Most people getting into cryptocurrency start with bitcoin. Some are not even aware if there are other crypto coins. All coins have max supply and price will much higher from now when the supply reach it maximum.

[MAXE]

Divide the capitalization by the number of coins, so you will get the price of Bitcoin.
Many people believe in it and are willing to keep money in it.

[vallarit11]

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 of bitcoin now is too low compare to last year, the price of bitcoin explode in the end of the year.

[gundala]

The cost of BTC is now high, because it is really a strong, stable and in demand coin, which always enjoys well-deserved demand in the crypto market.

Well, cryptocurrency prices follow the economic law, so it really depends on the amount of supply and demand on the market. Bitcoin as the first cryptocurrency, has an increasing popularity, especially the more enthusiasts and able to survive even though at the beginning of its appearance there is always doubt.

[xdboys1]

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 of bitcoin now is too low compare to last year, the price of bitcoin explode in the end of the year.

If you compare the price of bitcoin and other altcoins there are big difference about it, the reason why there is a big difference is because the bitcoin is the first coin that was release and it is the main coin of the cryptocurrency.

[vuwleyum]

Its value its high in light of the fact that the it is the save money for the various coins. Besides the interest for it is in the most noteworthy pinnacle and everyone needs to purchase right off the bat btc as opposed to altcoins.

[Gamerholic]

I know a person who bought very cheaply and has not sold them yet. (coins bitcoin) - He said that he did not sell them before they become 100 times more expensive. Here either the strategist is doomed to success, or the person is missing the last opportunity to repel and even with good profit their investments. But he decided as he decided, and this is his right. I think the fair price will never be.

[trantu8461520@gmail.com]

Bitcoins are so high because more and more people make money online and investors are investing heavily in bitcoins. This makes the cryptographic economy more attractive to people and the price increases cause many bitcoin needs. Moreover, there are only 21 million bitcoins around the world and everyone wants to own it and its price is very high

[ligerti]

BTC became the first coin in the crypto market, providing a powerful breakthrough and opportunities for this segment. Therefore it is quite logical that it remains in demand among investors and has a high price for buying.

[shoujiuhaituo7]

Because the number of bitcoin is constant and bitcoin is the most popular cryptocurrency, the more demand there is, the higher the market price.

[Hinugh]

In that case id assume that when time goes by and cryptocoins become more and more mainstream and used by the public (assuming they wont get banned) BTC should be surpassed by other coins which solve issues btc doesnt. Also fees and transfer times seem a bit too much

Bitcoin is so high in the market price because it first coin in cryptocurrency. And the demand of bitcoin is also high since it is launched and lot of investor become successful because of bitcoin.

[WillBe]

bitcoin is the first coin, so he is very superior. limited amount of bitcoin becomes the target of many people and it increases the price of bitcoin every year. bitcoin will always be a favorite.

[Rati24]

In the future, the cost of bitcoin will reach unprecedented heights, well, somewhere around $ 100,000. For there are all chances of the same imminent crisis in America. If the dollar falls, then all will be redeemed for crypto-currencies, which will be another growth. We need to wait and see all this for 10 years, I believe in a good future for me and my children.

[Pan Troglodytes]

I know a person who bought very cheaply and has not sold them yet. (coins bitcoin) - He said that he did not sell them before they become 100 times more expensive. Here either the strategist is doomed to success, or the person is missing the last opportunity to repel and even with good profit their investments. But he decided as he decided, and this is his right. I think the fair price will never be.

Everybody has their limits. Some people look at bitcoin as one of the many investments and they may be happy earning 10% on it. Some other, they think it is a golden train, the life-changing opportunity that everybody has once in his life and if they let it pass, the opportunity may never return. And they want to take the full advantage of their golden train.

[lionheart89]

In accordance with economic principles, when cryptocurrency experiences a price increase, that means the number of cryptocurrency requests is greater than the amount of supply.
Investors have now increasingly believed in cryptocurrency. The trigger is the legality of cryptocurrency by several major countries in the world. The development of cryptocurrency technology and the price stability of several major cryptocurrency to strengthen the trust. The refusal that occurred in several countries, including in China, failed to knock out investors.

[Pay phone82]

Basically right now almost nobody is buying bitcoin for its usage like it was meant to be, everyone is buying it now for a  quick profit.

[avisipa]

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 crypto power, a brand that is used as a symbol of crypto success. When coins are created, developers will say that their coins are better than Bitcoin, but until now there is no Altcoin that can put pressure on Bitcoin. So Bitcoin will always be the strongest, because if there is a stronger one, then the industry starts to get into trouble.

[V. J. Meyer]

Because in the past few years the cryptographic market has attracted a lot of people to them, just because of the anonymity and volatility it has attracted so many people, and there is no limit to the number of people. money laundering, terrorist involvement