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Author Topic: Why is bitcoin price so high?  (Read 1917 times)
richfund_Pe (OP)
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December 08, 2017, 02:06:29 PM
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Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
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Epimetheus
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December 08, 2017, 02:33:10 PM
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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 .
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December 08, 2017, 02:43:55 PM
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Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?


The bitcoin price is so high because the number of investors multiplied and the higher the demand, the higher the price. Investors are attracted to the number cryptocurrency which is bitcoin because the bitcoin users are also increasing especially when bitcoin was featured through the first bitcoin billionaires which is the Russian twins.
Kiki Rusma
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December 08, 2017, 02:47:13 PM
 #4

if we invest a small amount of our money, of course, will earn a little profit, the investors who many money will invest a lot to get a big profit, given the price of always rising bitcoin uncontrolled.
Kambal2000
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December 08, 2017, 02:48:48 PM
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Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?


The bitcoin price is so high because the number of investors multiplied and the higher the demand, the higher the price. Investors are attracted to the number cryptocurrency which is bitcoin because the bitcoin users are also increasing especially when bitcoin was featured through the first bitcoin billionaires which is the Russian twins.
Bitcoin is also the number one cryptocurrency because of its ability and potential to change the life of many individuals, as we can see we have a strong foundation and blockchain for this, as well as a lot of popular businessman has devoted their time and money here, it means that they trust bitcoin a lot so why not do the same.
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December 08, 2017, 02:52:13 PM
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It is an open secret that the price is a result of the investment from the institutional investors and it is still unclear that why big whales are pushing the price and pouring the capital day by day. I do see a correction soon and it will be a good incident considering the long-term growth of Bitcoin. This is not a bubble but yes, institutional investors can manipulate the price at this level and short-term growth depends on their moves.
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December 08, 2017, 02:54:41 PM
 #7

Bitcoin is the best crypto currency in the world and so people buy bitcoin and after some days they sell it. Nowadays people know that bitcoin price always increasing and someone hold and someone sell their bitcoin. Bitcoin has that power to make her own strong. Bitcoin is always better crypto and then bitcoin price going high.
lamjed
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December 08, 2017, 02:57:17 PM
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People in general and investor precisely are buying a lot quantities of bitcoin wich makes the price very high.. wr can confirm that bitcoin become very popular.
Olalomi
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December 08, 2017, 03:02:39 PM
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The sudden rise in the price of bitcoin is due to the fact that major investors pump in funds and invariably pushed up the price.
mobnepal
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December 08, 2017, 03:04:32 PM
 #10

Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
Gains looks real and current surge is fueled by high expectation so a huge correction is around the corner but hard to predict the exact peak point. Price is pumping like never before with over 15x increase in just matter of 10 months.

Bitcoin is real, current price is real, surge is real but question like will this price be stable can't be answered right now.  Wink
Sowik
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December 08, 2017, 03:11:31 PM
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Is new investors the only reason why BTC is on a bull run? Like... huge bull run. Or is it connected to some new fork once again?
Kprawn
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December 08, 2017, 03:11:55 PM
 #12

As real as it can get.  Wink .... Bitcoin has been the best performing currency/commodity for two years in a row.. and the big

boys has only now recognised it. We are seeing institutional capital coming to Bitcoin in the form of Bitcoin futures and this

has lead to massive investments and interest in the technology.  Wink

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rodel caling
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December 08, 2017, 03:12:51 PM
 #13

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

i don't know what i say my feeling today for bitcoin the price increase is unbelievable, i'm because of high value increase but i'm scary what is the result of this continue increasing of bitcoin sooner if have correction. but i'm not panicking i'm just curious.
pukwengkweng
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December 08, 2017, 03:15:44 PM
 #14

Bitcoin price were not consistent sometimes it goes high or low it depends on time, currency and others. when some investors are buying a lots the price of bitcoin goes higher when the bitcoin goes higher, there was a chance that bitcoin will become popular.
marc_a
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December 08, 2017, 03:16:00 PM
 #15

Because cryptocurricies are becoming mainstream. Accepted by more and more companies. There will be a future amrket soon. And Bitcoin is the best known cryptocurrecy at the momenet. And not so many around.
besides that moste people first buy a BTC before trading it into alts. Meaning BTC is used as sort of oiil in the cryptomachine.

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Jendral Istimewa
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December 08, 2017, 03:17:31 PM
 #16

Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
which I know, bitcoin gives the actual results so no doubt the results so far. bitcoin gives a real advantage and it's no wonder the bitcoin is getting more famous and more glorious.

Hasan_MSH
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December 08, 2017, 03:47:39 PM
 #17

Bitcoin is the most familiar coin all over cryptocurrency market. Most of the people are interested on bitcoin. Moreover, bitcoin use to convert into many coin trading in market. For those reason, bitcoin has a powerful demand in market and depend on this demand bitcoin price is so high.
Xester
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December 08, 2017, 03:52:08 PM
 #18

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

I read about that it seems a bubble that it will eventually would pop up.  Bitcoin price rises because of there are many investors.  They see that bitcoin is a good investment and that they can have more profit.  Likewise bitcoin is legit amd trusted by many people.
DrGuns4Hands
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December 08, 2017, 03:56:05 PM
 #19

because bitcoin is the top 1 in the terms of cryptocurrency but the real deal here is the demand of bitcoin to us and the investment of us to the bitcoin. As long as bitcoin is in demand and many people are investing the price is going to increase and so on...
gigatux
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December 08, 2017, 03:56:12 PM
 #20

The reason why bitcoin is gaining it's income or profit it's because it is getting a massive amount of attention and population. many big companies are joining because they finally recognized that bitcoin is getting popularity to users. Bitcoin is getting higher profit because of the increase of members ( users or investors). and because of that, the bitcoin community became the most popular cryptocurrency.
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