Why is the price of bitcoin so high

[coffee_man]

It's true, at the moment bitcoin is the leader among cryptocurrencies, the main coin in the crypto industry among cryptocurrencies.
Bitcoin has every opportunity for improvement, for example, to increase the speed of transactions, but it's too early. If it starts to improve, the altcoins will fall greatly in price...

[Kakarot01]

Bitcoin is the first one, so is it predominant. I beleive that altcoins are supporters of bitcoin and ought to be put after bitcoin.

At the point when a man recently gets included to digital currency, he should know the bitcoin first keeping in mind the end goal to comprehend crypto world.

The reason of value ascend in bitcoin, is on account of bitcoin is named worldwide and is satisfactory at most places, while individuals are generally not mindful of altcoins.

[Trail22]

bitcoin is already very well known and most famous among other coins. even people are more familiar with bitcoin than cryptocurrency. with its popularity it makes bitcoin have a high price,

[kptn.sgt]

Since bitcoin is decentralized first advanced currency.bitcoin utilize complex innovation and it is use to simple and straightforward. I think bitcoin value currently low. Bitcoin cost will be all the more high later on bitcoin will be more request capable and more profitable. what's more, part of nation's acknowledge this cryptographic forms of money thus many nation's are thinking about legitimization bitcoin that is the reason bitcoin cost is high.

[Gamerholic]

.5k for bitcoin, I saw this picture all this summer. It seems to me that by the end of the year, growth will allow us to speak seriously about whether the price of bitcoin is high? I now see that he is greatly underestimated and he is waiting for growth. It's a pity there is not enough money to buy himself 100 bitcoins now. For children) 

[provide_life]

Most likely, this is due to a small amount Of bitcoin emission, it is only 21 million coins, not enough for this crypto currency to be used by every person on earth, according to this Bitcoin is digital gold.

[Genamant]

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

It is because bitcoin is the base of all cryptocurrency, aside from it is the first, all alts prices depends on bitcoin's movement. If bitcoin goes up, alts dump, if bitcoin goes down, alts dump.

[sinduarianto]

in my own opinion it might be because more and more are using Bitcoin for trading and investment so that the value of Bitcoin continues to rise.

[Gamerholic]

On the day when bitcoin loses 150-200 dollars for one trading session, you can say a great time to talk about high prices. Which one would you like to see the price for? 2k to get up at 5k all shouting about the high price? In my opinion, the higher the price, the more people start going crazy and quite interesting to watch.

[Greedy squirrel]

Bitcoin is the foundation of the crypto market. It all started with its creation. For several years he became the most liquid, strong and desirable coin. New investors are beginning to get acquainted with the market with bitcoin. Many people want to increase their capital and buy bitcoin. They do not want to go deep into the market...

[owmivmen]

Maybe people are more familiar with bitcoin as the first coin that can be used to transact like money. The price of the coin is determined by how strong the holder is to maintain the value of the coin.

[Gamerholic]

It is important that when the price became really high you had coins! I think this will happen more than once - the whole issue in the iron nerves and understanding the whole way. Then you can successfully buy and sell. Thus coin bitcoin, even at the rarity level, will always be useful to have at home. If it turns into an antiques - even it can sometimes be sold more than gold. ; D;)

[angelramirez24]

Bitcoin is very popular now. It's users which is us give bitcoin its value. The more demand bitcoin gets the higher its price go.

[antogen123]

actually. no one can give an exact answer. how and where bitcoin pricing comes from. my personal opinion. that it was created artificially. his rise. accordingly, after some time he began to fall.

[Sumejwe]

We knoa that bitcoin was the main and the first and lead than to all cryptographic money and furthermore have a high incentive than others and the motivation behind why bitcoin was ceaselessly expanding a direct result of it is additionally ascending against other universal cash like euro and yen so that is one of the motivation behind why bitcoin expanding and have high esteem and obviously in light of the fact that likewise numerous financial specialist was here in bitcoin.

[Red Fire]

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 the pioneer. In that case, the price of it is higher than the any other coins. Also, the price movement is connected to the price of the Bitcoin. If the price of BTC is low, the price of every altcoin might become low also.

[Grissham]

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 the pioneer. In that case, the price of it is higher than the any other coins. Also, the price movement is connected to the price of the Bitcoin. If the price of BTC is low, the price of every altcoin might become low also.

bitcoin is indeed a bit much give influence on the movement of the price of other coins. This is because the bitcoin made the benchmark for other coin and serve as the parent of cryptocurrency. for it is no wonder the bitcoin has prices that are always fantastic.

[dolcefarniente]

All other altcoins are sold and bought using bitcoin. It is the main reserve crypto currency.

[Mercedes]

Bitcoins are now so valuable because of marketing hype, and many people are now aware of it, that they are attracted to buy because they know their investments will make a profit.

[Kb4real]

it is cause by the demand of people, and the hype because its the first coins to be created, when people buy and buy more, the price will have to shoot up too.