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Author Topic: Why BTC is having a high price?  (Read 1138 times)
Bella Thorne
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April 30, 2018, 11:45:07 PM
 #361

The main reason is the investors who buy bitcoin are not only small ones but mostly big whales spend their money in bitcoin. Therefore, whenever a large investment is made by them, the coin rises unbelievably.
I am sure that bitcoin is having a big price because bitcoin is running for long time and a lot of investor all over the world is known bitcoin and they are spending a big amount  of money with bitcoin that's why until now the price of bitcoin has a chance to increase it's value for more than $20k.

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May 01, 2018, 12:09:45 AM
 #362

It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?

     It is simply because a lot of people trust and accept bitcoin. And we know that if the demand is higher the tendency price also higher. If we talk about bitcoin price value it is always base on the demand and supply. Since the bitcoin supply is limited to 21M while the demand continue increasing  the possibility of bitcoin price is also increasing. That's the reason why bitcoin so valuable and famous digital currency among other coins.

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May 01, 2018, 12:31:54 AM
 #363

It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?

yes, I think  BTC having a high price because because the demand for it is very high. the market is going up too. many factors effect the price of btc.
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