Why is the price of bitcoin so high

[DesiHunterrrr]

I think the reason find this the price of Bitcoin is so high because Bitcoin is the first cryptocurrency and turn on one people of cryptocurrency because of Bitcoin and the first cryptocurrency who played a vital role in the regulation of Crypto so Bitcoin is a first place and other altcoin on second place like etherium blockchain and litecoin etc

[Leri9]

Because that’s the price at which people are willing to sell bitcoin. There are more people wanting to buy than . As for the reasons there are more people wanting to buy, that’s impossible to say.

[mastersay]

The only possible reason I found in this question is that bitcoin is the father of all coins and altcoins. And also bitcoin has served almost 6 years already, and it is the main target for the investors because it is currently ranked number 1 in the coinmarketcap.

[vibesysbtc]

 The price of bitcoin is so high because this is the first cryptocurrency and it became popular to other country thats why many investor or trader choose bitcoin as their coin.

[dulce dd121990]

The price of bitcoin is so high because this is the first cryptocurrency and it became popular to other country thats why many investor or trader choose bitcoin as their coin.

When you compare the value of bitcoin from other altcoins, it is very clear that bitcoin has a higher amount than other altcoins. Bitcoin is in the highest rank in the coin market cap since it is the mother of all altcoins and as what you had said it is the very known crypto currency in the world and more investors and traders and even miners of bitcoin around the world and that is the reason why it has more value from other crypto.

[Nikolas_the_Wonderworker]

The theme bitcoin is beaten by everyone, of course. However, it was necessary to ask the owner of this topic - why is the price of bitcoin so low?

[maromak]

because bitcoin is very popular, and bitcoin is the most popular coin for investors. and this is very influential on the price of bitcoin, the more popular bitcoin is, the higher the price.

[Pan Troglodytes]

The theme bitcoin is beaten by everyone, of course. However, it was necessary to ask the owner of this topic - why is the price of bitcoin so low?

Well, I am not the owner of the topic, but please note that it is still higher than it was 2 years ago, so maybe "so low" is an overstatement, what do you think?

[_cryptoniya_]

I think this is due to the fact that Bitcoin is the first and most popular. The number of bitcoins issued has long been bought and, in order to avoid inflation, the price has increased.

[Charlotte1337]

Because bitcoin is the original and it is also proven that its value to the crypto is a lot more than any alts, as a matter of fact it is the most leading crypto currency, and there are countries that accept bitcoin as legal.

[robotmakbtc]

Because bitcoin is in the interest of everyone in the world while bitcoin availability is very limited, it will make the price to be expensive because it has a very high demand while availability is very limited.

[mistersehmuz]

It is not so high yet. But if you compare it with others coins answer is simple. Because bitcoin was become the first crypto in the cryptocurrency's history. Because bitcoin is synonim to cryptocurrency. Because demand in the market is high for bitcoin.

[Gamerholic]

The price for bitcoin is just about time to begin to be "high". Time is running out and if we want to match the last year, then it's time to turn the market and its growth right now. Holidays are over, it's time to work. So, to swing the market in order to get maximum profit on it. we wait. And we'll wait! 

[Gamerholic]

I think the price of bitcoin is at the level where it is no longer depressed by the market and at the same time does not support the demand of buyers. Thus, in the course of the last three months, we have observed the bitocco wobbling in the corridor of 6-8k. Gets that price is just right now. But in general, underestimation bitcoin is strong and his prospects are still very solid. 

[jj88]

Bitcoin is limited and limited worldwide. And Bitcoin creates the entire cryptocurrency, so it represents the entire cryptocurrency market, and it will be more expensive in the future.

[hetecon]

Bitcoin again began to gain popularity and grows rapidly in price. It seems to me that now it is worth investing in it, because  volumes grow and  that could mean a rapid increase in the price ..

[apitico]

Bitcoin is the first coin that was created with the help of blockchain technology. That's why this coin is worth so much right now. In the future it will cost even more since this coin is limited its value will increase.

[listovik]

Because Bitcoin is the ancestor of all other coins in the world of cryptography.

[LaurenProfi]

The high price of Bitcoin can be explained by a number of reasons: the popularity and widespread adoption of the currency, limited emission, expensive maintenance of the system.

[catterpillar07]

Bitcoins is a king because all comes from it. btc is the basis of crypto at this time.