Bitcoin Price

[cizatext]

The value of bitcoin is in it demand when the demand of bitcoin increased it value also increase and so it is with every commodity in the market, there all depends on the demands and bitcoin as a store of value is not an exception to that despite the fact that bitcoin does not have any physical value but still on that its still worth more then some other commodities in the market and why it is so is because of the demands and the role bitcoin plays in our financial life.

[xabre]

Not bitcoin price only have touch at $6,500 and for last three months I am not seeing bitcoin could cross at $10,000 above. I don't know why too hard for bitcoin become more higher price again like last years where could be on $15,000.

[Fluxtorrence9]

The usefulness of bitcoin determines its price ,if everyone Start rejecting gold what do you think will happen to it? It will lose Its value and get dumped ,when something has a usefulness it tends to have value and when that happens it becomes hard to get ,please try to do some homework about blockchain and cryptocurrency in general ,you can find some info on youtube

[Sadlife]

A product's value is determined based on its features if its marketable or not. Does it have something new to offer to the consumers. Bitcoin became popular because people where sick and tired of the old centralized banking system they needed something much faster, convenient, secured, decentralized and that's btc.

[Lorin]

Bitcoin price increase or decrease  because of the demand of bitcoin in the market. It depends on the people  who adopt bitcoin as long as many people engage in btc market will also change the value. Bitcoin is useful for everyone , so if investors continues to invest in bitcoin the price of bitcoin also  increase.

[crossabdd]

Bitcoin has a price because of the agreement between bitcoin sellers and buyers. Basically Bitcoin has no value. but the users have made an agreement to give value to bitcoin. why it's valuable, because Bitcoin has technology that is safer than the central bank. Bitcoin is more transparent than a bank. and in my opinion blockchain technology is what makes the value of bitcoin bigger.

[hahay]

Bitcoin started out as a small project and a small network. What is really hard to understand is how these "Coins" was even worth 1$? How can something have a value when it is not real? How has the price hit 6500$ i mean who decides the price of these coins?

No one decides the price of bitcoin to have a value of how high and low the price of bitcoin is, the price of bitcoin is moving because of the growing demand in the market. So there's no need to be surprised why the price of bitcoin has a high value, because the popularity and demand for bitcoin keeps increasing, so of course the price will continue to move.

[mangsitin]

Bitcoin prices always increase if you get good news from each of the most influential individuals or companies in the world to adopt Bitcoin, so people will be more confident to buy Bitcoin, because they get positive value if Bitcoin gets good news, that is a fact in the field, but if bitcoin gets bad news, then don't expect prices to rise.

[Al-e_x]

bitcoin is very extraordinary, this is beyond our predictions, large bitcoin demand and limited inventory make bitcoin to the moon, has high value, and bitcoin is contested by many people.
even today the bitcoin market can be the rival for the world market.

[a4techer]

Bitcoin value was no one deciding on what is the value on the market but the market was deciding the value just because of the investor if I am not mistaken so that if you can see that bitcoin value was always fluctuated it means depending on the world market. If you know the stock exchange they have similarity on the value fluctuation that depending of the demand or the number of investor.

[zolfa]

I think, everyone knows that bitcoin supplies are limited, and every year the volume and spread of bitcoin always increase better, so that makes the value of bitcoin grow rapidly to reach $ 20K by the end of 2017, and now bitcoin is stable at $ 6400.

[maxilopez]

it is the people who decide how much bitcoin will cost. if people are ready to buy it at 6500, then it will cost 6500. they will only stop buying at this price, then it will immediately fall down and just go up if they start buying it at 6500 en masse.

[gudjhonson]

With the request and offer, the price will appear and give the right value, bitcoin has a high value with many requests. The crypto market can provide prices by looking at the history of demand every second, and it runs so fast that it is out of control.

[aray80]

What makes the price of bitcoin is a system for electronic transactions without relying on trust that is peer-to-peer using POW to record the history of public transactions that have occurred

[gajebo]

who decides the price of bitcoin is certainly the people who buy it, because more and more investors are interested in bitcoin, and buy it automatically the price of bitcoin will go up, what's more if the supply of bitcoin is getting smaller but demand is increasing, it will increase the price of bitcoin.

[doodle07]

The law of supply and demand will always be a part of the price of bitcoin, no one can ever tell when or how much bitcoin's price going to be but I if the demand is high the price will rise because the supply is limited.

[Joeyvicky]

The start of every big thing goes through the mills and bitcoin is of no exception since it inception and has gone through a lot untill it hit its peak price in 2017 and am very sure that btc is never controlled by an individual and per its demand and supply ideally determined its price and not just manipulated by ab individual.

[Duogembrot]

This bitcoin price can be very expensive and can be very cheap depending on the demand and depends on the total supply, when bitcoin has good news, the price of bitcoin can be very expensive but when there is bad news the price of bitcoin can fall very deep.

[Colan Zolo]

All of that depends on the request, so the request is able to influence the price of bitcoin high. We need to learn that the moving market is starting to improve and this is a development that deserves to be followed. Bitcoin prices can increase even if only for a moment, this has given the holders the advantage.

[teejayrichard2]

bitcoin was introduced to the world and people saw the uniqueness and prospect it had so the world accepted it as a means of transaction. just like every commodity in the market, demand and supply determines how much the price goes up or down. The huge demand for bitcoin was what made the price rise to $1 and up to $20, 000 in 2017.