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Author Topic: Why Bitcoin price is so high?  (Read 29591 times)

Offline Rakin343

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Re: Why Bitcoin price is so high?
« Reply #210 on: December 16, 2020, 09:48:49 PM »
Bitcoin is the highest we saw today.  Today is the most memorable day of all Bitcoin recordings.  Bitcoin set its new record at $20,800.  We can see that Bitcoin is at the highest price today.  However, Bitcoin is expected to increase in price in the future.
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Re: Why Bitcoin price is so high?
« Reply #210 on: December 16, 2020, 09:48:49 PM »

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Offline Riseback

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Re: Why Bitcoin price is so high?
« Reply #211 on: December 17, 2020, 01:39:22 PM »
because bitcoin is widely used as digital money and is valued due to the lack of control by the state. This coin will always have a high value)

Offline jonathancool220

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Re: Why Bitcoin price is so high?
« Reply #212 on: December 19, 2020, 11:11:50 AM »
If we look at the character of Bitcoin it is easy and simple:

-Anonymous for its creators.
-Only can be mined to get it.
-The first cryptocurrency created.


I think these three factors are enough benchmarks for why Bitcoin can become expensive like this.
One more thing, all ordinary people only know Bitcoin when they first hear about cryptocurrency and they don't know what altcoins have been circulating until this second.

 

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