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Author Topic: Why is bitcoin price so high?  (Read 1758 times)
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December 23, 2017, 02:47:00 AM
 #161

Since the price of Bitcoin is getting high each day, it attracts more investors to invest on it. Because of this the demand in the market is getting high. The higher the demand, the higher will be the cost or value.
Bitcoin is very high right now, the price is at 16k+ so there is a lot of people talking about it. More people will start to invest their savings into Bitcoin.

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December 23, 2017, 02:53:38 AM
 #162

I really love the bitcoins volatility, yesterday it was down by 12k now its back to 14k. Wish it will now continue to rise.
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December 23, 2017, 03:20:41 AM
 #163

The price of bitcoin is so high because the bitcoin become the number one cryptocurrency in all over the country and people know about bitcoin in all over the world  and more people attracted towards the bitcoin in daily life because by seeing the price of bitcoin very high rate and it countinously increasing rapidly . So people attract towards the bitcoin is more to earn the more money in less time which help them to become rich .
there are so many different reason why the price of bitcoin is so high . The first is the demand of bitcoin is countinously increase because of the price of bitcoin is countinously increasing so that the people are more attracted towards the bitcoin by this the number of user of bitcoin is also increase so that price of bitcoin was increasing countinously and reaches to very high price in 2018.
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December 23, 2017, 08:42:40 AM
 #164

Since the price of Bitcoin is getting high each day, it attracts more investors to invest on it. Because of this the demand in the market is getting high. The higher the demand, the higher will be the cost or value.
Bitcoin is very high right now, the price is at 16k+ so there is a lot of people talking about it. More people will start to invest their savings into Bitcoin.

apparently it's not just Bitcoin's demand in the market, but the fact that the price itself is embedded in the Bitcoin structure itself, and I do not exclude that these figures are very large, you can even say huge.

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December 23, 2017, 02:27:52 PM
 #165

Those who think that the price of bitcoin is expensive did not do Bitcoin again, but when Bitcoin dropped to the level of 10k dollars, most people waited for it to fall further and Bitcoin could not make the purchase. Such people are very interesting, Bitcoin is planning to get 100 dollarsof thought.



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December 23, 2017, 02:40:33 PM
 #166

Bitcoin had withstood the test of time and more people have realized its legitimacy and started to accept bitcoin's main purpose, thus more people are investing on bitcoin and therefore the demand increased which caused its price to rise.

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December 23, 2017, 03:35:26 PM
 #167

Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

last days we see big player make game with bitcoin price rising and downing without any reason.

good price for bitcoin is 10,000$ 15$-20$ is so high
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December 23, 2017, 04:57:57 PM
 #168

Oh!Don't be so doubtful!!Ofcourse the gain is real.I am a minor player(as you defined). I've already gain satisfactory bitcoin.

Ok.You've asked why the price of bitcoin is so high.Actually there is a significant reason of it.You may be know that there are a fixed number of bitcoin in this whole world.But the number of buyers of bitcoin is increasing day by day.So,to cope up the number of supply and demand,the price of bitcoin is so high.

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December 23, 2017, 07:59:15 PM
 #169

Oh!Don't be so doubtful!!Ofcourse the gain is real.I am a minor player(as you defined). I've already gain satisfactory bitcoin.

Ok.You've asked why the price of bitcoin is so high.Actually there is a significant reason of it.You may be know that there are a fixed number of bitcoin in this whole world.But the number of buyers of bitcoin is increasing day by day.So,to cope up the number of supply and demand,the price of bitcoin is so high.
Actually, I completely agree with you, but that's just not Bitcoin saying that demand creates supply. If Bitcoin is limited in its quantity, then the market can not offer more than it asks. It is quite logical. But the price still falls today. How can I explain this?

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December 23, 2017, 08:27:26 PM
Last edit: December 24, 2017, 06:33:59 PM by bitcad4u
 #170

Oh!Don't be so doubtful!!Ofcourse the gain is real.I am a minor player(as you defined). I've already gain satisfactory bitcoin.

Ok.You've asked why the price of bitcoin is so high.Actually there is a significant reason of it.You may be know that there are a fixed number of bitcoin in this whole world.But the number of buyers of bitcoin is increasing day by day.So,to cope up the number of supply and demand,the price of bitcoin is so high.
Actually, I completely agree with you, but that's just not Bitcoin saying that demand creates supply. If Bitcoin is limited in its quantity, then the market can not offer more than it asks. It is quite logical. But the price still falls today. How can I explain this?






Bitcoin is a digital currency ,now it was accepted by Amazon also and investor of bitcoin also now a days increased so if buyer increased one product the rate also increased simultaneously.But I think 15k$ is not high value as compared to last week of 20k$,so you can inverse now to get some profit.
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December 28, 2017, 10:30:59 PM
 #171

Oh!Don't be so doubtful!!Ofcourse the gain is real.I am a minor player(as you defined). I've already gain satisfactory bitcoin.

Ok.You've asked why the price of bitcoin is so high.Actually there is a significant reason of it.You may be know that there are a fixed number of bitcoin in this whole world.But the number of buyers of bitcoin is increasing day by day.So,to cope up the number of supply and demand,the price of bitcoin is so high.
It was high in previous few days but then it went down and now it has started to recover again all this is beauty of bitcoin it keep on giving people opportunities to buy as much as they can and now still there Is time to buy because prices are not that much high and they will soon cross 20k and people will only see the price rising so still who didn’t bought has chance to get as this is still very low price so avail this chance.


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December 29, 2017, 05:49:22 AM
 #172

Bit coin first digital currency.This is due to its growth. Users are beginning to increase.It is very popular among the people.Many companies have accepted this. In some countries, bit coin investments are encouraged.Most business is taking a bit of coin. Most investments attract bit coin.This is due to its value.
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December 29, 2017, 05:58:04 AM
 #173

Oh!Don't be so doubtful!!Ofcourse the gain is real.I am a minor player(as you defined). I've already gain satisfactory bitcoin.

Ok.You've asked why the price of bitcoin is so high.Actually there is a significant reason of it.You may be know that there are a fixed number of bitcoin in this whole world.But the number of buyers of bitcoin is increasing day by day.So,to cope up the number of supply and demand,the price of bitcoin is so high.
Actually, I completely agree with you, but that's just not Bitcoin saying that demand creates supply. If Bitcoin is limited in its quantity, then the market can not offer more than it asks. It is quite logical. But the price still falls today. How can I explain this?






Bitcoin is a digital currency ,now it was accepted by Amazon also and investor of bitcoin also now a days increased so if buyer increased one product the rate also increased simultaneously.But I think 15k$ is not high value as compared to last week of 20k$,so you can inverse now to get some profit.
well, the price increase will keep going. I am sure that bitcoin prices will also be higher. it's because every year, bitcoin users increase, and the amount of investment on bitcoin gets bigger, so it keeps the price higher.

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December 30, 2017, 04:05:37 AM
 #174

 I think it is great opportunity for all of us especially to the investors that the market value of bitcoin is raising so high; with this it will increase the demand of bitcoin and there will be more people engage in the community of bitcoin. I think with this the bitcoin can be promoted in the whole world.

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December 30, 2017, 01:32:10 PM
 #175

Because bitcoin has been in great demand by many people in various places with various backgrounds where they have the same goal, which is investing in cryptocurrency. And of course this affects value of bitcoin, which rises from day to day as demand continues to increase.
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December 30, 2017, 03:11:52 PM
 #176

Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

Can't be called a bubble but an unexpected spike that was never seen or thought of before.
Reasons why it went up so high:
- Bitcoin gained traction after it surpassed its previous ATH during the beginning of 2017.
- Seeing the spikes, everyone joined the train and went with the flow.
- Afterwards, according to the plans, a "season of forks" came into action. BCH was announced and to get more of what they were expecting from their free money, they started pumping in more cash in Bitcoins.
- Value spiked to more than 20 times in a year itself because of total number of users getting added daily broke records everyday.

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December 30, 2017, 07:25:16 PM
 #177

Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?

Can't be called a bubble but an unexpected spike that was never seen or thought of before.
Reasons why it went up so high:
- Bitcoin gained traction after it surpassed its previous ATH during the beginning of 2017.
- Seeing the spikes, everyone joined the train and went with the flow.
- Afterwards, according to the plans, a "season of forks" came into action. BCH was announced and to get more of what they were expecting from their free money, they started pumping in more cash in Bitcoins.
- Value spiked to more than 20 times in a year itself because of total number of users getting added daily broke records everyday.
I am already tormented by doubts Whether I acted correctly today, I sold ETH and bought Bitcoin. I expected that in the next 2018 we will see even greater growth in the price of Bitcoin, but I think that I am very much mistaken.

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December 30, 2017, 07:33:25 PM
 #178

I am already tormented by doubts Whether I acted correctly today, I sold ETH and bought Bitcoin. I expected that in the next 2018 we will see even greater growth in the price of Bitcoin, but I think that I am very much mistaken.

You did well. Ethereum is on its way down in general due to governments going nuts on ICO's, and let that be Ethereum's main source of growth. Unless they manage to market themselves well enough to realize growth without ICO's and stuff, I don't see much reason for Ethereum to maintain its current higher levels. Bitcoin on the other hand has so much more room for growth, that it only makes sense to have it be the major part of your crypto portfolio. It will be a bullish year again, and especially with more institutions finding their way into Bitcoin, and not to forget lightning network being a realistic option.
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December 31, 2017, 02:14:57 AM
 #179

Bit coin first crypto currency. It's most popular in the world . It's used to all digital exchanges. Bit coin now still number one crypto currency. More people used and invest in digital currency. Many companies accepted in bitcoin . Bit coin running in blockchain technology its powerful
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December 31, 2017, 03:11:39 AM
 #180

Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
yes this is a fortune because of the high market demand that makes bitcoin rise so fast and also the level of enthusiasts bitcoin very much to make bitcoin prices skyrocketed to the moon.
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