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Author Topic: Why is the price of bitcoin so high  (Read 15511 times)
ugur2222
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September 23, 2018, 06:08:59 PM
 #2701

Since Bitcoin was pumped up and the price was getting increased from time to time and people started to collect it because the Bitcoin supply is very few so people want to invest because everyone wants to see their investments grow and now more and more people want to buy because Bitcoin is more effective as being Cryptocurrency just like our fiat.
mir4a
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September 23, 2018, 07:59:08 PM
 #2702

Bitcoin is just the opposite of the bubble phenomenon, it is fueled by the Altcoins.  Wink Wink Cool
Oltort
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September 23, 2018, 08:05:46 PM
 #2703

Bitcoin is just the opposite of the bubble phenomenon, it is fueled by the Altcoins.  Wink Wink Cool
Bitcoin does have a lot of altcoins pushing the price of it though there is altcoins that have no other coins trying to really push the prices, there's money in both.
shadow123
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September 23, 2018, 08:15:29 PM
 #2704

Hello mate, I think you are new to the crypto world. this is the too law price of the BTC in this year. At a time it was around 20000$. so this is one of the better time to buy BTC.
burdagol12345
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September 25, 2018, 09:43:51 AM
 #2705

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

Bitcoin price is on top against Altcoins because to think the current Bitcoin price is cheaper now which is not really high at the moment. So, BTC value is top from Alcoins because it happen that it was the first Crypto that created that it build a deep foundation of trust among the people as the most promising that even it has no commodity to introduce still the people will choose it as the most promising investment.
langaw2018
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September 25, 2018, 02:17:46 PM
 #2706

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

Increasing demand makes someone who still relies on bitcoin to invest in creating success can be realized and have a very positive impact on their economy. The high price of bitcoin is most likely inseparable from the high demand.
infinity33
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September 27, 2018, 06:58:01 AM
 #2707

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
I think it is because of the investors who really support the bitcoin. i just notice that the supply of bitcoin is kinda low but the demand of every investors is high that result for having a big amount of price into it.

We should be thankful if the bitcoin price is high, because when we put our investment to it, it will sure earn high profit also. But because of the many supply the demand gets less so it will affect the price also.
austinsku
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September 27, 2018, 08:11:29 AM
 #2708

Because bitcoin was fisrt crypto. And it's been a lot of time since people knew about it! It has good reputation and people trust it! And also it shows stable course during long time on the market
Dinct
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September 28, 2018, 04:02:24 PM
 #2709

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.
XG
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October 01, 2018, 04:10:14 PM
 #2710

i don’t think it’s high, infact it’s low and many people waiting it to rise and grow again. On the other hand it’s sort of cliche but true, bitcoin is the king of the market. It’s obviously the most known and popular crypto all around the world and thats why people wants to buy and in this way they just join the crypto world.
e@symode
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October 01, 2018, 04:14:15 PM
 #2711

Those prices that we see in the last 8 or 9 months, I can not say that they are very high, but they are definitely higher than they were before, so I always think that prices in general can not be high, especially for Bitcoin.
rabinot
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October 01, 2018, 04:14:38 PM
 #2712

because this is the first coin on the market and enjoys the greatest popularity and is the most stable. because of this, it is superior to everyone in price

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Wyndesam
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October 01, 2018, 04:17:34 PM
 #2713

Well, bitcoin is more expensive because it is the first coin, and the number of all coins is less compared to others, even with the ripple, and the demand is very huge for bitcoin

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yugyug
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October 01, 2018, 04:23:31 PM
 #2714

The ideal bitcoin price may depend on the mining cost to mine 1 bitcoin and the majority of the mining pool came from China and the their cost to mine 1 bitcoin would be approximately 3000 to 4000 USD and with 50 percent to 100 pecent markup price it would be around 6000 to 8000 USD and the price may vary on that range during the bear market and correction period and so at this time we cannot say that the bitcoin price is so high because it is still in the ideal price range.
MilesEldwin
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October 01, 2018, 04:28:57 PM
 #2715

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
Because is the first cryptocurrency of the crypto market and has increased the price very fast and it is a very fast transaction in day by day.
$9million
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October 01, 2018, 04:42:53 PM
 #2716

The price of bitcoin is relatively higher than other coins and altcoins because probably it is the first coin in cryptocurrency and people are really investing in it that's why.
crystalworld
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October 01, 2018, 05:05:12 PM
 #2717

Because bitcoin is the king of digital currencies, it was bitcoin that made people to believe in altercoin. It's still leading the coin market cap, it's price difference is far higher than other coins. I believe in crypto finance business because of bitcoin.
SashaVeg
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October 01, 2018, 05:09:03 PM
 #2718

Bitcoin is the best coin and the most reliable. This is the leader of the crypto currency with which all take a sign. I'm sure that in the future bitcoin will be a world coin.
ThunderCatSteve
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October 03, 2018, 03:09:33 PM
Last edit: October 22, 2018, 01:35:24 PM by ThunderCatSteve
 #2719

The ideal bitcoin price may depend on the mining cost to mine 1 bitcoin and the majority of the mining pool came from China and the their cost to mine 1 bitcoin would be approximately 3000 to 4000 USD and with 50 percent to 100 pecent markup price it would be around 6000 to 8000 USD and the price may vary on that range during the bear market and correction period and so at this time we cannot say that the bitcoin price is so high because it is still in the ideal price range.

Stella27
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October 03, 2018, 03:18:30 PM
 #2720

Bitcoin is the unparalleled pioneer. It's the first and the best digital currency. It's cost will go up further, particularly if the prospects will be discharged now authoritatively. There is a huge interest for BTC and an ever increasing number of individuals become acquainted with it. Before long everybody will get it and this will prompt more cost increment.
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