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Author Topic: Why is the price of bitcoin so high  (Read 15255 times)
Aryleeto
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September 07, 2018, 04:34:42 PM
 #2581

Well, bitcoin has brought us the revolutionary technology of the blockchain ! I think that's why it's so high !

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blazsqd
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September 07, 2018, 09:32:58 PM
 #2582

The reason is because bitcoin is the heart or mother of cryptocurrency, and many investors continue to arrive at it, meaning the demand is getting higher, so the price is also rising. Besides that, bitcoin has a very, very good advantage for people in the trading business, as the transaction is very fast and easy, saves time and more.
jojovalentia
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September 07, 2018, 09:50:54 PM
 #2583

Bitcoin has shown a lot of reliability even though it isn't that big of a thing right now, I mean, there are better projects at the moment in my opinion, some that are better structured but they arrived late and that is why they are not mainstream.
-Newera-
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September 07, 2018, 10:00:22 PM
Last edit: September 20, 2018, 09:20:13 PM by -Newera-
 #2584

The reason for the high price of btc is the high demand of the btc. Supply and demand. The higher the demand, the higher the price. Clear thing.
rukawa101
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September 07, 2018, 10:14:21 PM
 #2585

Because it is the first and original one and if you talked to someone that doesn't know much about crypto all they know is it's called bitcoin they don't know other coins because it is the most popular and demand in the market is high for bitcoin
kaizerwald75
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September 08, 2018, 01:41:26 PM
 #2586

Not only it has Bitcoin been here since day one, it also has the most demand, and people have grown to have more faith in that it will rise with not great loss
KarinaMix
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September 08, 2018, 01:46:39 PM
 #2587

dear friend, bitcoin is the first currency in cryptography and therefore a follower of other coins, so the rest of the cryptographic coins cannot cost more than bitcoin.
MarjorieZimmermanGinger
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September 08, 2018, 02:04:07 PM
 #2588

Because bitcoin is globally recognized throughout the world and that way many investors adopt it and  invest their money instead of putting it in the bank.And the demand of bitcoin makes the price soo high and of course the low supply the big possibilities to make its value grow up.
correct. and bitcoin is also a coin that has a bright future and has a huge potential, especially with the added number of investors who put their money in bitcoin to be made an investment that becomes the price of bitcoin is increasingly expensive and continues to increase in value

Xexath
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September 08, 2018, 02:18:38 PM
 #2589

Bitcoin has high bitcoin price because it introduce new technology to the world.
TradeFinder81
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September 08, 2018, 02:39:29 PM
 #2590

Because btc is the first coin in the market.
PrimeTrade247
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September 08, 2018, 02:39:55 PM
 #2591

King's price will always high.
EmergingDeck631
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September 08, 2018, 02:40:48 PM
 #2592

Btc holls all the requirements in cryptoworld this is why its price is so high.
Anchor867
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September 08, 2018, 02:42:18 PM
 #2593

Because the popularity and the demand  of the coin is going up and up there nore interested on it so they buy they run out of bitcoin so the prices goes up if there are more demand the price will go up and vice cersa
RandyWindor
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September 08, 2018, 02:43:39 PM
 #2594

Because the price of a coin is also high. The price for bitcoin is 6k, and the price of extraction of 1 bitcoin is 4k-11k, depending on the model of the asic
ProstoCrypta
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September 09, 2018, 07:48:12 PM
 #2595

For me, more interesting are Ethereum, Litecoin and Ripple. I also look at young and promising coins, but I do not dare to make serious investments.
riska hanissa
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September 10, 2018, 08:31:15 PM
 #2596

the price of bitcoin will remain the highest because it has a limited supply, so the price movement can still be set by the developer. and also as the first coin to be a pioneer for other coins so that it has a high price, as well as a lot of interest. that's why bitcoin prices are higher than other coins..

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PancherBitCoin
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September 10, 2018, 08:41:54 PM
 #2597

the price of bitcoin will remain the highest because it has a limited supply, so the price movement can still be set by the developer. and also as the first coin to be a pioneer for other coins so that it has a high price, as well as a lot of interest. that's why bitcoin prices are higher than other coins..
many specialists of the crypto currency say that the price for Bitcoin is due not only to the value of the block chain, but also to the costs of extracting coins. In any case, the role and popularity of Bitcoin in society still plays a role.
Janevinex
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September 10, 2018, 08:43:15 PM
 #2598

Well, now it is not very high , I think we can see the price even higher than it was in that year, bitcoin is very much appreciated

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ZonaCrypto
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September 11, 2018, 05:29:41 AM
 #2599

Demand determines supply. Bitcoin volatility is quite high, but do not neglect the movements of currency pairs against the dollar, because if the dollar index failed, and bitcoin is not moving, it means that Bitcoin is also in the red zone.
KingJess
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September 11, 2018, 05:39:26 AM
 #2600

Demand is what drives any commodity and when the demand of bitcoins increased then the price and value of the coin increased accordingly. When people want something, then there is more demand than the supply which makes the commodity scarce this the reason that the prices are down now is because there is more supply than demand.
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