Why is the price of bitcoin so high

[MAXE]

It all depends on what price people are willing to buy it. You understand that the price is at these levels solely due to the fact that this price suits people.

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[anders2000]

I think the price of bitcoin is very low now. This coin has a lot of prospects that are undervalued now. The cryptocurrency market should go up.

[Nastinmel]

bitcoin bring new concept to the world. bitcoin price are high because it is face of the crypto world.this is the philosphical view. technical it is in limited supply and its mining is difficult also. secondly its demand is relatively high in this bearishmarket. thats why crypto market is high

I'd been critical of BTC the whole year and considered it unviable, but experience showed only BTC had a real value. Altcoins were just "pale shades" which promised much but, as a matter of fact, they were nothing

[uptown04]

i  think   there  are   a  few   reasons  and  some  of  them  are  because it  is the  first  coins  and  it  is  because  of  its  users that  it  has.

[yhieniehy]

Now price for bitcoin very low. If to watch that his quantity is limited. And what remains him less in the general access every year, its price has to be much higher.

[ci1990]

It's all about supply and demand economy. If supply is low and demand is high, this means that the price of an entity will rise.

[FiiNALiZE]

Bitcoin is too popular and well in demand among people who transfer funds and do not want to Shine their money before taxes

Bitcoin is priced really high because the coin is very ancient. The coin was built more than 8 years ago.

[iceblasto]

Bitcoin is too popular and well in demand among people who transfer funds and do not want to Shine their money before taxes

Bitcoin is priced really high because the coin is very ancient. The coin was built more than 8 years ago.

Bitcoin has been able to go through a very long process and prove that Bitcoin is worth noting so many people start using Bitcoin as their investment tool. Bitcoin also has many advantages and is also believed to continue to grow in the future so that the price is very high because Bitcoin is worth a high investment.

[Norihiro]

Mostly because people believe it is further price growth...The just want profits and they are ready to buy BTC for big money...remember last winter.

[sirojuddin]

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

there are a number of reasons why bitcoin becomes an expensive coin, among which is because many people are interested in BTC, other than that in every exchange to buy altcoins most use BTC, in the ICO project too.

[Chomsy]

Bitcoin has been in existence for a long time, years. The first and the base of all other altcoins. The market demand for bitcoin increases the value and its most stable than others. When you think of investment, start from there.

[dodgecharger]

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

The price of BTC is now very stable, and in the trough, you can buy it as a long-term investment.