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Minionnn
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December 13, 2017, 03:10:31 AM |
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I do not think the price of bitcoin is too high. bitcoin is growing and popular, the demand for bitcoin is increasing rapidly, so the price of bitcoin has also increased. That is normal. I'm not surprised why the price of bitcoin is so high.
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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TomUyamot
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December 13, 2017, 03:20:46 AM |
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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?
Well, if you have seen them in the internet, on the reliable sources there, then perhaps they are true. Bitcoin has indeed risen so high these days. Why do you doubt that this is not true at all or a some kind of a bubble? If you are afraid that it is so then you are always free to sell all your Bitcoins to people. You won't have a hard time selling them because the buyers of Bitcoin are much more bigger in number than the sellers. Which brings us to the conclusion why the price is getting bigger and why it is not a bubble. |
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Larva14
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December 13, 2017, 03:43:14 AM |
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The bitcoin price is so high because of the law of supply and demand.The greater demand,the higher price and we all know that becoin is in demand because it is the famous online cryptocurrency as of now.
As of now the price of bitcoin was totally high and I think there some reasons why it is become more expensive and totally high. In addition to that, one the reason why the price of bitcoin was high is the fluctuations of supply and demand on online market. Lastly, I think the number of people who buy it is also the reason why it is so high. |
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kpcian
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December 13, 2017, 03:46:03 AM |
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It's nothing but a popularity, Normally people was a little bit afraid of investing in this platform that they were waiting for any green response from some credible source, such as government officials or billionaires.
In recent times, Many developed countries have considered Bitcoin as the raising investment platform and a potential currency. Not only that but also, Bill Gates and Warren Buffet have declared that they are already involved in this system and it's an amazing platform for saving and investment. That's why people are getting engaged in this system and the price is increasing due to the increase of its demand in a limited supply stocks.
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letecia012
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December 13, 2017, 03:48:39 AM |
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bitcoin price significantly increase is due to demand and supply many people sold but there are more people want to buy and have their btc but if there are lesser buyer than seller price me fall down also
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richkellj
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December 14, 2017, 02:21:33 PM |
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Limited number, hype, new people and new money of Bitcoins created a price. A lot of lost and forgotten BTC this also affects the price. It's not gold, it's better.
Indeed, it is better than physical gold in numerous ways. This is the reason why gold investors are switching to bitcoin for using it as an investment for future. People are making more profit with bitcoin than they could have ever made with gold or diamond, even not with real estate. Gold is now becoming an old fashion of saving money for profits, the latest trend is that of bitcoin. Indeed, all factors you have mentioned are making bitcoin increase in value. |
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Genosx
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December 14, 2017, 02:43:33 PM |
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The excellent performance company and management of bitcoin is the reason why the BTC value in market continuously increases.
From this they receive a high demand from the public which is a big factor that can contribute to a positive outcome. I think this is the reason behind why the price of bitcoin is high.
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MWesterweele
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December 14, 2017, 02:52:00 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?
Base on my research bitcoin supply is limited only for 21million and i see that 16million-17million plus is already mined by miners so if the bitcoin reach the supply of 21 million the bitcoin price will go increase much more because the demand is high. Because of the limited supply and increasing demand of many people so thats why bitcoin price is high right now. Even its high many people is also buying it because they know they can earn in higher value. |
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Cold-Heart
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December 14, 2017, 03:13:33 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?
I think bitcoins increase its value and its rate because bitcoins become rare to very rare as time goes by. Mining makes us earn bitcoins or an equivalent bitcoin, but the fact that there are a lot of mining company or people mining bitcoins it becomes harder than past 2 years or more. although there isn't an exact amount of bitcoins that could be mined or used, it will increase as long as there is bitcoins to be mined. |
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Fulmand
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December 14, 2017, 03:21:59 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?
I think bitcoins increase its value and its rate because bitcoins become rare to very rare as time goes by. Mining makes us earn bitcoins or an equivalent bitcoin, but the fact that there are a lot of mining company or people mining bitcoins it becomes harder than past 2 years or more. although there isn't an exact amount of bitcoins that could be mined or used, it will increase as long as there is bitcoins to be mined. Bitcoin price shoot up so high because its demand increases too. Due to its continuous popularity many people become interested and joins the bitcoin community thus increasing its demand. Also its marketing strategy is very effective. |
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Eternu
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December 14, 2017, 03:42:36 PM |
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There isn't person on this earth who don't want to earn money for living, and lately bitcoin is great way of earning small or big amount of money. Every day more people invest in bitcoin which pump the price, in hope that they would become rich. Also people recognize that bitcoin is future, and some of them wants to be part of that future. There are some technical things that affect its price, but they are minor compared to previous two.
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spqr2704
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December 14, 2017, 03:43:40 PM |
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because the bitcoin has opened the gate of the cryptocurrency era, it´s having a big trust around the world, it has a freedom of exchange, and the main reason: It has not a country's government regulation. In conclussion, it has a bigger potential at present and a long future of currency.
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HIMU
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December 14, 2017, 04:21:44 PM |
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Now bitcoin price is as a upshot much tall. I think bitcoin production rate is lower than request. Also now too many people trust bitcoin and use bitcoin. So bitcoin price adding day by hours of hours daylight and bitcoin price is hence high.
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Dharmendrax
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December 14, 2017, 04:25:12 PM |
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In cryptocurrency market daily new investor are coming thats big resion is high price of bitcoin and one of the big resion is altcoin trading with btc.
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jake zyrus
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December 14, 2017, 04:38:28 PM |
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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...
There are so many investor now in bitcoin because of the demand. Bitcoin now become top1 cryptocurrency, the value of now is continue increasing thats why so many people who want to be part of it and become successful. |
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TudorOzy
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December 14, 2017, 04:47:57 PM |
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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...
I agree, as people buy and buy, demand gets higher and higher and price grows accordingly. |
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rahul10948
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December 14, 2017, 04:53:26 PM |
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Ultimately new and old users are testing the limits of a system that, for a decade, has been untested. The futures market will be a big driver in growth and bust over the next few months as institutional investors begin using the currency. CoinDesk writer Omkar Godbole notes that the price should remain stable but “a pullback to $11,000 cannot be ruled out, but dips below the upward sloping 10-day MA of $11,500 are likely to be short-lived.”
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joebrook
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CryptoTalk.Org - Get Paid for every Post!
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December 14, 2017, 05:01:03 PM |
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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...
I agree, as people buy and buy, demand gets higher and higher and price grows accordingly. If Bitcoin does indeed become a bubble, people are going to lose so much money but i highly doubt it since people are patronizing it even more than ever. I recently read that South Koreans are buying bitcoins instead of stocks now. |
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z0mmarket
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December 14, 2017, 05:32:19 PM |
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Because people are buying  |
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drwhobox
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- hello doctor who box
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December 14, 2017, 05:37:07 PM |
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The price of Bitcoin is so high because of the demand of the community on having a single Bitcoin. total supply can't even supply every single human on the planet. it's only capable of 21m person (if every single guy/girl is given a single coin) More and more governments are starting to accept bitcoin as a day to day use from paying with food and even bills that's why most of the users are complacent about it.
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