handini
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August 30, 2018, 09:57:57 AM |
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Bitcoin is the first coin and people initially invested in it because there was simply no other coin. Now it is still popular because the exchange rate is relatively stable, although recently it can be argued.
In accordance with economic principles, when a cryptocurrency experiences a price increase, it means that the amount of cryptocurrency demand is greater than the amount of its supply (supply). Throughout 2017, the price of Bitcoin has risen by more than 700%, which means there is a huge surge in demand for Bitcoin.
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karambol13
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August 30, 2018, 10:08:00 AM |
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Bitcoin has a high price because it has gained the demand with the time there are many users but the supply is limited so the price becomes too high .
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cowardlyleo
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August 30, 2018, 10:10:08 AM |
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it is so high because it was the original cryptocoin. I tihnk it will be superior for a long time
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cryptodammy
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August 30, 2018, 10:23:25 AM |
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Crypto will not die so soon.... I believe there might be some adjustments in the future to make it better and adoptable to the whole world
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Mikcik
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August 30, 2018, 10:24:19 AM |
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Bitcoin is the first coin and people initially invested in it because there was simply no other coin. Now it is still popular because the exchange rate is relatively stable, although recently it can be argued.
In accordance with economic principles, when a cryptocurrency experiences a price increase, it means that the amount of cryptocurrency demand is greater than the amount of its supply (supply). Throughout 2017, the price of Bitcoin has risen by more than 700%, which means there is a huge surge in demand for Bitcoin. Why is it that many people think it's too high, but Bitcoin's Hash Rate chart has been steadily increasing since 2017, despite falling to 50 quintillion from the 62-quintillion peak in August, still in a strong uptrend. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftraderviet.com%2Fattachments%2Fhash-rate-traderviet-1-png.56466%2F&t=665&c=GW-t_H48T3p9FQ)
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idioma1
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August 30, 2018, 12:08:27 PM |
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Two in one. All coins came after Bitcoin and it was and is used to buy other altcoins
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aircrusan
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August 30, 2018, 12:11:22 PM |
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In 2017, bitcoin began to grow in value. People began to pay attention to him. Accordingly, many decided to invest in this coin, thereby increasing demand. With the increase in demand, the price has also increased. In general, bitcoin is the future.
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bidbud
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August 30, 2018, 12:12:13 PM |
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in crypto, bitcoin is the parent of all kinds of coins, kings of all digital currencies, before the existence of the altcoin nowadays, there used to be bitcoin before ...
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militan01
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August 30, 2018, 12:51:52 PM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif) because bitcoin is the first coin in crypto and many people are more familiar with bitcoin than cryptocurrency. and also because the amount of bitcoin is limited, in contrast to other coins that make it have a high price.
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320hz
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August 30, 2018, 12:54:36 PM |
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At the moment, the price of bitcoin is very low. I believe that in a few years we will see a price much higher than today. This makes me invest in BTC.
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trash321
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August 30, 2018, 01:41:33 PM |
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It seems to me that this topic was created when the price was probably about $ 20,000 because now you are obviously not going to write this, especially those who managed to buy at such prices terribly to understand this, but it really is, for example, I think that prices today are terribly low.
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F_ala
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August 30, 2018, 01:47:52 PM |
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Because it is the initial cryptocurrency, its status in people's minds cannot be shaken. It has become the belief of many people. People's support is also one of its sources of value.
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Nyak put
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August 30, 2018, 02:13:50 PM |
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Bitcoin is first in order to understand and one original
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ngawethu1
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August 30, 2018, 02:33:31 PM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif) In my opinion, the price of bitcoin is not too high. Because it is like a fundamental coin and common coins. Beside, BTC is still running well under the steady blockchain technology. Recently, there are several coin trying to replace the 1st coin in the cryptocurrencies. However, the crypto market still depends much on the fluctuation of BTC. But BTC keep increasing in demand, It's actually hard to other coin has ability to kick BTC out.
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obermorley
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August 30, 2018, 04:35:51 PM |
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Because bitcoin Is the first crypto coin. Bitcoin is the base of the cryptocurrency market, and everything depends on it . It ranks first on this crypto and no other coin can reach on this level.
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numbertech
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August 30, 2018, 04:37:52 PM |
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Most people buy and hold BTC; its's value increases depending on costumer demand; that means many requests are centralized into Bitcoins; Bitcoin is the first digital currency ever created; Satosi launches the concept of blockchain and all altcoins appear after bitcoin so are superior to other coins...
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hinpoc.hin
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August 30, 2018, 04:54:13 PM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif) in my opinion , because the market price of bitcoin has move so fast. so the market price maybe high maybe cheap. so if you want to buy it, waiting until the market price of bitcoin is cheap or fixed. and you will buy it.
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nurinmaulida
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August 30, 2018, 04:58:15 PM |
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I think the cost of Bitcoin is developing a result of the flood of more new speculators. Take a gander at what number of new crypto-trades are opening, what number of new ICO ventures. Digital currency group of onlookers is quickly expanding. Everybody needs to profit on nothing. Simply purchase bitcoins and hold up until the point that the rate grows 100 times. That is extremely conceivable in light of the fact that the request of individuals on bitcoin is high.
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Prem Thakurain
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August 30, 2018, 05:04:04 PM |
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Bitcoin has come first, so its price is also the highest. In a simple language, we can also say that bitcoin is the father of crypto currency.
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ovinna
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August 31, 2018, 11:24:37 AM |
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BTC is the foundation of this crypto currency market and it has the largest experience of surviving here, what is more, people believe in BTC and go on investing in this coin so much money. I consider that BTC will be the leader of investments in future too because we don't have competitive alternatives.
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