Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: azmirihaque on July 18, 2020, 04:53:29 PM
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
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Bitcoin price cannot be compared with others because it has own history how the price can improve. The price of Bitcoin can be so high because of its ATH in 2017. The price after the ATH still survives at the high rates, so we can see it untill now.
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You know why because the demand for bitcoin is so high and at that it price will go up constantly, that is what it is when a product have high demand.
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there are some reasons why the price of BTC is higher than other cryptos and why the price is so high.
1. This is the first cryptocurrency, it has very low price and then growing up having very high price.
2. Many people use and hold this with its limited supply
3. the supply is limited, but the demand of BTC is very high
4. It has very high trading volume
5. It is trusted, worthy, available to use as payment transaction, and more others.
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Because it is legend in crypto space.
Bitcoin dominate cryptos due to its value and actual and digital world application. Maybe this is what they called digital trend introducing more advance cashless society.
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This is happen because bitcoin have oldest coin in Crypto market . Bitcoin have good invester and holder , as well bitcoin demand is really high as compared to any another coin .
This is some reason behind it that's I discussed .
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The price of Bitcoin is so high because many demands in the market. So, the price of Bitcoin can be bullish many times. I think some people have the big role to pump the price in previous years. They may pump the price and create hype with good news of Bitcoin future.
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
Because BTC is unique coin and crypto started journey with BTC. If you look at the market volume BTC covers 73% of crypto market and others rest of the market. Not only that rest of the altcoin pair with BTC. So these many reasons BTC price is so high and everybody relay for BTC.
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Because this is the first cryptocurrency to appear. And I think he will always come first. That is why its price is so high.
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The thing that influences the price to be high is its limited supplies. Additionallly, the BTC has the most valuable crypto in thw world and this cannot be separated.
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Bitcoin price is so high because it is most favorite coin for years. More and more people are interested to buy Bitcoin with various number of Bitcoin. Then, because of more interest, Bitcoin price increased in the market and even it could have ATH in 2017. Yep, it is the reason that Bitcoin has high price.
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I think that, very easily, we could see Bitcoin going up to $50,000 by the end of this year,” said Trenchev.
Trenchev’s Nexo platform allows users to borrow fiat currency against their cryptocurrency holdings. According to Nexo’s researchers and analysts, a massive rise in the Bitcoin price could occur due to the upcoming halving event. A halving event in Bitcoin is when the amount of Bitcoin generated by the network roughly every ten minutes is cut in half. This event takes place about every four years.
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Firstly, i doubt the possibility of Bitcoin hitng 50k at the end of this year, 2020. Bitcoin has the capacity at the current trend of $9k to $10k to touch $15k or little above but $50 is not realistic.
Now, there are many reasons why Bitcoin is very high and some of these are as follows.
1.Bitcoin is the first crypto currency. The had well esterbilish itself many yeay before any other coin in the market, and besed on this, people has adopted to it.
2. Accessibility. Because users are able to send and receive bitcoins with only a smartphone or computer, bitcoin is theoretically available to populations of users without access to traditional banking systems, credit cards and other methods of payment.
3.High Demand. As Bitcoin becomes very popular, and with huge awareness globally, the demand keep rising on the daily basis.
4. Limited supply. Bitcoin as you may know has fixed supply and as the process of mining bitcoin become very difficult, there is tendency that people may betrying to be part of this new digital currency at all cost there by making it more scarce. Everyone want to have a take on Bitcoin 21million supply, hence it's scarcity.
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Because bitcoin is scarce, bitcoin is the gold of the digital world and is the father of altcoin which inspired coins that currently exist such as Ethereum, EOS, Ripple etc.
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The reason for the increase in the price of Bitcoin is that the number of users and investors is increasing day by day. So the demand for bitcoin is increasing. When the demand for any product or coin is high, the price goes up. I have no doubt about the popularity of bitcoin. The demand for bitcoin will increase as the days go by. So the value of bitcoin is much higher.
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- bitcoin is scarce, bitcoin is the gold of the digital world and is the father of altcoin which inspired coins that currently exist -
I agree, we only have one Bitcoin. There are no other coins that can be as good as Bitcoin. That makes Bitcoin unique and becomes like a gold in crypto space. I also think that this uniqueness to make Bitcoin be always king for all crypto coins. We are lucky that Satoshi created that Bitcoin with amazing concept.
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Bitcoin was a few cents in the previous period, it was actually because not many people knew and recognized it, and it did not form an effective consensus. But then people gradually realized the value of Bitcoin. Of course, this value may come from the needs of transactions, collection needs, research needs, value-added additional landing projects, and so on. It also caused the price of Bitcoin to rise, but in summary, Bitcoin changed from a weak consensus to a strong consensus. At this time, the currency price also rose. In the early wild era, to the later golden age, bitcoin changed from a derogatory perception of air, scammers, and MLM to gold. The future, synonymous with hope, also indirectly changed the price of bitcoin.
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In crypto wrold Bitcoin is the Frist Crypto currency. Many People know crypto currency as bitcoin. There are several issues to growing high price for bitcoin. Bitcoin is the first Crypto currency, very beginning of it's launch the price go high rapidly. Bitcoins price always in the highest position. People fell more secure having bitcoin. It has limited supply this is one another important issue for high price.
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There are many reasons why BTC has the highest price so far and none can pass it although they have many great project ideas. They are:
1. BTC is the first crypto with very difficult development to be accepted in the market.
2. This coin is really trusted and has the big value on the market. Everybody will love this more than other coins.
3. This coin is also limited in supply, many people around the world wants it.
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
Bitcoin is the first digital coin and father of cryptocurrency. Bitcoin is limited to 21M and you can see the marketcap occupied by btc is nearly 63% which means more than 2500 altcoins holds only 37% marketcap. Bitcoin is the most popular and well known cryto. Without BTC, can you imagine the existance of crypto? Probably not, So Bitcoin price is not high with comparison to demand, popularity, usase and supply.
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All coins are created based on Bitcoin.That's why the price increase is always higher.All investors prefer it as a means of public investment.
As such I think its price is always high for him.
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
All these coins have good price but i hope that Bitcoin will touch the high more in just some months and Bitcoin is the king of all coins thats why its price is high.
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bitcoin high price this year is 20k soon coming
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bitcoin high price this year is 20k soon coming
Yes, The price of bitcoin has increased a lot. The current market situation is much better. It will be better. Bitcoin is a crypto currency valuable. So bitcoin owners do not want to sell bitcoin. Because their idea is that the price of bitcoin will be 15k. But many expect more than that. I also hold a little bitcoin. I want to hold bitcoin until I get more profit. I think the price of bitcoin will be 20k. Do you agree with me?
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if in my opinion there are many factors that make the price of bitcoin high the first is the number of requests, there is positive news about bitcoin, is this the result of bitcoin being split in half so as to push up the price of bitcoin. that's if in my opinion.
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Institutional investors prefer to leave their stack of cash in BTC because its truly decentralised, its the first technology by Satoshi itself. They believe its only bitcoin that cannot be manipulated.
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Bitcoin’s value derives from supply and demand, but the price of Bitcoin is subject to a range of influences that mean it can change without warning.Supply and demand also influenced by news about BTC.
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Which news made it rally so much then?
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Because bitcoin gotten suddenly popular in the investors, more people will accept the market value but the utility is very little.
I guess too that's there's a distinct possibility that the Bitcoin got expensive because the price is being manipulated by the people.
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because whales are back bitcoin will pump 15k just wait
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The main catalyst of the sudden 50% decline in the price of Bitcoin within a span of eight hours was the 9.99% drop of the Dow Jones Industrial Average. The United States stock market experienced its worst sell-off since 1987, as panic over the coronavirus pandemic intensified to unprecedented levels
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because whales are in bitcoin target 2020 20k
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more pump is coming because whales are coming back
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Carl - btc dominance rises as btc price rises up to 20k. It will drop after 20k. This happened in 2016/17 on the approach to 1k.
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Carl - btc dominance rises as btc price rises up to 20k. It will drop after 20k. This happened in 2016/17 on the approach to 1k.
but at that time the highest price increase occurred in December, if the highest increase next year also occurs in December and currently bitcoin is in the position around $ 11K then it is likely that December 2020 will reach a price of $ 15K.
means that next year there will be a very sharp increase from bitcoin if the highest price falls in December.
maybe even 2 or 3 times the highest price in December 2017. We will wait for the movement of bitcoin in December 2020 first.
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The reason why the price of Bitcoin is so high is that now almost all people are getting into cryptocurrency. People are investing more and more. The price of Bitcoin will go further. The price of Bitcoin is expected to reach 20000+ in 2020. And the price of Bitcoin could be even higher than that. Now just waiting for the time.
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It's simple as principle of economics, the higher the demand, the higher the price with lower supply. Bitcoin is very limited in number with enough demand that's why the price keep skyrocketing.
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Bitcoin is very popular right now, many Bitcoin investors and traders believe Bitcoin will have a very high price in the future. Therefore the demand for Bitcoin continues to increase, while the stagnant supply of Bitcoin makes Bitcoin holders sell their coins at an ever-increasing price. That's why the price of Bitcoin can get very high.
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I think the price of BTC is determined by a number of factors:
- network maintenance cost of mining farms, about $7000/BTC;
- transaction costs;
- the community's expectations for the future of BTC;
- the tendency to buy BTC when there is a fluctuation in the traditional economy;
- BTC is the most famous cryptocurrency;
As we continue to trust and participate in the crypto world, the price of BTC will increase over time.
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You know why because the demand for bitcoin is so high and at that it price will go up constantly, that is what it is when a product have high demand.
I agree with your opinion, demand of bitcoin is so high. Bitcoin is so popular and more popular than other crypto. I think It is the reason why the bitcoin price always so high. Bitcoin is the King of crypto currency. No King is cheap, It is my opinion.
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Exactly, I agree! stock market seems overvalued. The protesting is going to hinder reopening and be a catalyst for the spread of the virus. Timing the market is extremely difficult if even possible. Crypto investment right now will be at every wise individual's list. In two to three years you'll be ecstatic with the decision you made today.
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Crypto currency is starting by Bitcoin. It is the oldest coin in Crypto market. People are very familiar with btc and lots of people invest in this coin. If the price of coin up then most of the also coin up that means altacoin depends on btc. People are positive on investing btc. This is the main reason of BTC to go in high price.
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bitcoin cycle start it will stop on 20k
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Because there's nothing like bitcoin. From the beginning btc captured the legacy as the king of cryptocurrency that will last forever. Big whale's and other countries support btc that's why it is expensive.
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there are some reasons why the price of BTC is higher than other cryptos and why the price is so high.
1. This is the first cryptocurrency, it has very low price and then growing up having very high price.
2. Many people use and hold this with its limited supply
3. the supply is limited, but the demand of BTC is very high
4. It has very high trading volume
5. It is trusted, worthy, available to use as payment transaction, and more others.
Yes, you are right so many peoples hold the BTC becasue its price is going to be high so much in the future and thats the reason that peoples hold this.
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We're going to turn the facts to Bitcoin!
Why is the price of gold expensive when compared to silver, copper and brass?
Because gold has advantages over others, namely difficult mining.
Similarly, Bitcoin is difficult to mine and that is why Bitcoin is expensive.
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
In my own observation I think bitcoin price is so high because of its reliable project and policy. Also I think bitcion is a smart contract platform and investor are confidence to invest in bitcoin because it make them more profitable.So,the price of bitcoin is so high day by day and hold their position in the market.
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
This is the list of top 10 coin in crypto market .the notable think is the second position of other coin .they are rediculously low that is why people buy and sell Bitcoin and price growing up binaryly
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There is a lot of speculation about the price of Bitcoin. But many experts think that the price of Bitcoin will be one million dollars. But I think the price of bitcoin will be 20 to 25 thousand dollars. Towards the end of this year but in later years the price of Bitcoin could be one million dollars. But everyone believes that Bitcoin is the best currency, I also believe that in the world of Bitcoin currency it is never possible to suppress a king before itself so the price of Bitcoin will definitely go up.
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I can't really take those experts too seriously, to be honest. 1 million USD sounds ridiculous to me.
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Now the BTC price is high at 11850$ and soon this will go more high and touch again 20k$ and after that it will touch the 100k$ soon in short time.
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That is because there are more investors and people who are very interested in bitcoin. People around the globe can now make a transaction easily through bitcoin. And nothing until now can serve in crypto space aside from bitcoin.
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Haven't been people able to do this for a while now?
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thats because BTC is the most loved currency in the whole crypto world. this is the first coin and the adoption and acceptance to the people is so high. Many people know only bitcoin the other crypto currency was not even known to some people in the world. If you say, cryptocurrency the first thing to come in the mind is BITCOIN.
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The supply at the time of writing is around 17.2 million Bitcoins (also accounting for lost Bitcoins, or the Bitcoins Satoshi Nakamoto mined before opening the blockchain up to other users). ... In short, as supply falls and demand increases, Bitcoin's price will rise
According to Nexo's researchers and analysts, a massive rise in the Bitcoin price could occur due to the upcoming halving event. A halving event in Bitcoin is when the amount of Bitcoin generated by the network roughly every ten minutes is cut in half. This event takes place about every four years
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its normal think that bitcoin is king of crypto & others crypto coin run with base of bitcoin.when bitcoin created bitcoin price was under 1$ & bitcoin was the 1st cryptocurrency then other crypto comes but day by day bitcoin demand going to high & then other crypto comes. thats why bitcoin price high.
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I believe one of the very reason why bitcoin is so high because it came first with realistic promises and it does what it says.
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Bitcoin is also under the very cheap price of 1$, but over time investors have become more and more interested in investing in it, so what makes bitcoin prices soar higher than other coins is due to low supply and high demand.
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Wait, when has Bitcoin been that cheap?
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The price of bitcoin is high because the supply and demand is very high, besides that bitcoin is increasingly difficult to obtain and many people are mining bitcoin. therefore bitcoin is rumored to reach new ATH in 2021.
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Bitcoin is also under the very cheap price of 1$, but over time investors have become more and more interested in investing in it, so what makes bitcoin prices soar higher than other coins is due to low supply and high demand.
Where do you get that information guys, are we going back to the years of pizza, when Bitcoin was exchanged for pizza, I thought you could add more detailed information about that price.
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The reason why the price of bitcoin is so high is because the demand is increasing as the demand increases so will the price increasing the price of bitcoin increases the demand of investors. The crypto market is rising due to increased investment everyone is moving towards crypto and it is evolving.
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Bitcoin is the most reliable cryptocurrency in the crypto world this is the top cryptocurrency so all investors focusing on BTC investments so each and every BTC traders using BTC everyday so it's demand is increasing automatically so BTC price is always high .
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Big investors trust their capital more to invest in bitcoin, so the price of bitcoin is much higher than the price of other coins below it, if large investors start to switch to investing in other coins then the price will also soar.
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We can't compare the use cases and mass awareness of bitcoin with other coins in crypto space. BTC is the unit by which other coins are priced, that's why they are altcoins
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I don't think Bitcoin price is so high, it deserves to have that price because its usefulness and popularity. Moreover, Bitcoin is a special coin which have no competitors. While most people who invest in crypto should buy and hold Bitcoin. This triggers to make Bitcoin to have high value. I am not surprised with that price, I think it still makes sense.
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The price of Bitcoin is high, because it is gaining popularity among ordinary people and many are already starting to simply buy it on exchanges.
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The price of Bitcoin is so high because many demands in the market. So, the price of Bitcoin can be bullish many times. I think some people have the big role to pump the price in previous years. They may pump the price and create hype with good news of Bitcoin future.
I agree with your opinion mate, The price of Bitcoin is so high because many demands in the market. Bitcoin is most popular, It is the biggest community. Bitcoin will have great future and more be needed at the coming future. So, I think buy bitcoin when the price is low, But Not today. Today is so high.
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Bitcoin price is high because bitcoin is so oldest coin in market , bitcoin also have huge coinmarketcap value as well limited in its supply also . Their are New trader who always believe in investment as well holding in bitcoin.
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The reason why the price of Bitcoin is so high is that Bitcoin is now being officially legalized, especially in developed countries. Bitcoin transactions have started with various banks in developed countries. People all over the world have now started trading on Bitcoin. That is why the price of Bitcoin has started rising. The price of Bitcoin will exceed 20,000 20,000 by 2020. And by 2021 the price of Bitcoin is expected to go from 50 thousand to one million dollars.
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The price of Bitcoin is high, because it is gaining popularity among ordinary people and many are already starting to simply buy it on exchanges.
because this system is outside the control of the state and allows people to make transfers from one country to another without commissions
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Bitcoin price is high because bitcoin is so oldest coin in market , bitcoin also have huge coinmarketcap value as well limited in its supply also . Their are New trader who always believe in investment as well holding in bitcoin.
The price of bitcoin increases from year to year not because bitcoin is an old coin, but because of market demand and also because of the value that many people believe, if many people believe bitcoin has no value then the price will not be what it is today.
Because there are also many old coins whose value (price) tends to fall deeper such as the NXT.
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Bitcoin price is not high. If you see at the coinmarketcap, YFI is $28500 price now which is 1.5x higher than Bitcoin. As Bitcoin is limited to 21M supply, it's price will increase in the future as its popularity and usability is increasing and spreading rapidly almost all part of the world.
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Bitcoin is the rank #1 in CoinMarketCap due to huge market capitalization and trading volume every single day. However, this time it is not Bitcoin who owned the highest price in crypto because yearn finance price is $33,806 at rank #25. Inspite of YFI growing popularity, still it is Bitcoin who reign in cryptocurrency industry.
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Bitcoin price is high because bitcoin is so oldest coin in market , bitcoin also have huge coinmarketcap value as well limited in its supply also . Their are New trader who always believe in investment as well holding in bitcoin.
The price of bitcoin increases from year to year not because bitcoin is an old coin, but because of market demand and also because of the value that many people believe, if many people believe bitcoin has no value then the price will not be what it is today.
Because there are also many old coins whose value (price) tends to fall deeper such as the NXT.
Yes I agree bitcoin demand is so high. Bitcoin is most popular. Bitcoin was believed my people at the world. I have seen several countries have permitted bitcoin as payment and investment. I think It is a good sign for bitcoin progress at the coming future.
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Bitcoin is a king of all cryptocurrency. So bitcoin price is high. Bitcoin price increases a good one but decrease also as a good one because from that only people earn with it every one knows that and lending type os systems also has benefits of have much money to lend it.
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that is because the influence of the very limited supply of bitcoin, which makes the price expensive, so as much as possible you should be able to take advantage of bitcoin by buying bitcoin.
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Because bitcoin is an old coin created since 2009 so many people bought bitcoins that is why the price is so high. If all people in the world buy bitcoins then I expect it will reach $1 million price.
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Because bitcoin is an old coin created since 2009 so many people bought bitcoins that is why the price is so high. If all people in the world buy bitcoins then I expect it will reach $1 million price.
the most noticeable increase in price is not only because many are buying but the small availability of demand. so if bitcoin increases a little and the demand is more, the price will automatically be high (economic law).
but can achieve with what you say, can and nothing strange to crypto. but when? we can't conclude yet. what we are waiting for is a price that might happen is a price greater than 2017.
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Because bitcoin is an old coin created since 2009 so many people bought bitcoins that is why the price is so high. If all people in the world buy bitcoins then I expect it will reach $1 million price.
It could also be like this because this is the right answer when Bitcoin is supposed to be expensive.
Bitcoin is an old coin and hard to beat by various altcoins because Bitcoin traders prefer Bitcoin over altcoins which sometimes become rubbing ash coins!
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Positive news about bitcoin and cryptocurrency is continuously coming in the market, due to which the demand for bitcoin is increasing in the market and its effect is clearly visible on the value of bitcoin, so the value of bitcoin is getting high.
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~snip~
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
One of the reasons is because Bitcoin is listed on all exchanges and becomes a trading pair, this also causes Bitcoin liquidity to be greater than Maker (MKR) and at the same time makes many people hold Bitcoin indirectly.
If a Maker is Listed on many Exchanges and becomes a trading pair, I believe the Maker price will be at least 20 times higher than the current price.
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Bitcoin is the first cryptocurrency and Bitcoin is the backbone of cryptocurrencies, so most of the big players have invested and are still investing in Bitcoin and the price of Bitcoin will always grow much faster than the price of other cryptocurrencies because Bitcoin is more in demand than other cryptocurrencies and it is worth noting that various news around cryptocurrencies usually associated with bitcoin, which of course also helps bitcoin grow in value.
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Unlike Ethereum, bitcoin has a limited issue of coins. And this factor always affects the price in the direction of its increase. Given the number of bitcoins, we can say for sure that they will not be enough for the entire population of the Earth.
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bitcoin is currently very high value because more people are buying and this year the purchase bitcoin is greatly increased so fast you could see bitcoin have much price high altcoin lower prices rise much higher bitcoin really increase so significant because of the role of the investor.
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You know why because the demand for bitcoin is so high and at that it price will go up constantly, that is what it is when a product have high demand.
I agree mate, bitcoin demand is so high. The basic factor of price is demand and supply. When demand is high, I think the price is also high. I know, many people prefer Invest in bitcoin than other. They said bitcoin is more profitable and more popular. Itnis the reason why, the Bitcoin price is so high.
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Unlike Ethereum, bitcoin has a limited issue of coins. And this factor always affects the price in the direction of its increase. Given the number of bitcoins, we can say for sure that they will not be enough for the entire population of the Earth.
Indeed, the maximum bitcoin supply indirectly affects the market price, but this must also be accompanied by market demand, if without market demand the price of bitcoin will be difficult to increase.
bitcoin is currently very high value because more people are buying and this year the purchase bitcoin is greatly increased so fast you could see bitcoin have much price high altcoin lower prices rise much higher bitcoin really increase so significant because of the role of the investor.
Bitcoin price goes up because miners don't want the bitcoin price to fall deeper, because if it goes down the mining results can't cover the mining costs,
that's why miners prefer to hold their coins and whales choose to pump up the bitcoin price to attract new investors and bitocin starts the bull market trend.
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The price of bitcoin can be very expensive as it is today because bitcoin has a very limited supply and has a very high demand, making bitcoin a very expensive price.
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
The bitcoin are most popular and first currency that reach thousanf of dollars because of the internet and social media the hype and the popularity of it becomes high
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Initially this Bitcoin did not have a price at all, but after people found out about Bitcoin, many people wanted to own it. And because of the very high demand for Bitcoin, the price has increased, especially since the limited supply of Bitcoin has made the price of Bitcoin continue to rise.
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You can update the prices of the coins on the thread above, the prices have been already changed. Especially, Bitcoin has just passed $15,000. It is an amazing performance of Bitcoin and it moves very fast today. I hope that Bitcoin price is still on the top performance and the highest one among others since it will impact much on crypto trends.
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It took a long journey for bitcoin until its price got very high. this is because many people are interested in bitcoin. a lot of demand, making the price standard high. and also because bitcoin is the first in crypto.
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Because bitcoin is so high demand and more populer then other and bitcoin is always maintaining ets position on number one,you can see on CMC no coin can beat bitcoin
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As of November 2020, the most expensive cryptocurrencies worldwide were Bitcoin, Wrapped Bitcoin, Yearn.Finance and Maker. Bitcoin was the most expensive virtual currency, with one coin valued at 13,702.18 U.S. dollars. High level of exchange rates
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In my opinion, the price of bitcoin is very high due to the influence of the increasing demand which ultimately makes the price go up because it is increasingly difficult to get bitcoin.
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Actually Bitcoin price isn't too high if you compare Bitcoin price with 2017 but now it is on the green trend in the last couple of weeks for Paypal acceptance of Bitcoin. Everyone is expecting Bitcoin price again $20000 within few days or weeks. I will not surprise if Bitcoin hits $20k soon. Bitcoin is such a coin which price only with value can't be evaluated.
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Actually Bitcoin price isn't too high if you compare Bitcoin price with 2017 but now it is on the green trend in the last couple of weeks for Paypal acceptance of Bitcoin. Everyone is expecting Bitcoin price again $20000 within few days or weeks. I will not surprise if Bitcoin hits $20k soon. Bitcoin is such a coin which price only with value can't be evaluated.
Yea, i am agree with you that also thinking about price up otherwise there is no news in crypto market for pump. Some news said after US election crypto market will dump but surprisingly it pump and one thing clear that election did not factor for crypto market but positive news is factor. Hope it will go with new record in new year.
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So you think after the elections it will drop?
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You look at the current market. The current bitcoin market is in turmoil. The price of Bitcoin has gone up a lot. As a result, various investors are in a dilemma that they will not sell Bitcoin, they will keep it. So I think those who are in such a dilemma should hold Bitcoin. It is possible to make a profit by holding. The current bitcoin market has grown a lot. As a result, users are trusting Bitcoin. The current price of 1 bitcoin is 15504$.
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Everyone involved in the cryptocurrency market knows that the price of bitcoin has risen significantly. So at present some of my investments have been successful. Some of the tokens I bought have been on the rise for two days now. Because they increase as the price of Bitcoin increases. Such changes in the market help investors succeed in investing. So I trust Bitcoin the most in the cryptocurrency market. Currently though I don’t have much of a bitcoin. The bitcoin I have may not be able to make much of a profit. But I always support Bitcoin. Will exceed $20,000 in the future.
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I think this is a new rise, so that later it can fall at least 15,000, I mean growth may be above 20,000, but we must keep 15,000 as the minimum price for this asset, further, only higher, but years of time are needed!
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Could it be because of the 5 year cycle that is often talked about? I think the rise in bitcoin occurred because many controlling bitcoin holders saw an opportunity to sell their bitcoins at a high price. This is called being clever at seeing opportunities.
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Because bitcoin is an old coin created since 2009 so many people bought bitcoins that is why the price is so high. If all people in the world buy bitcoins then I expect it will reach $1 million price.
Bitcoin is the most popular cryptocurrency in the world. Bitcoin is the king of all cryptocurrencies. In fact, investors in Bitcoin have increased, the volume of trades has increased, so the price of Bitcoin has increased. Earlier in 2017, the price of Bitcoin increased even more.
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Actually, for this recent time, BTC has its competitor in price taken, which is YFI (Yearn.Finance). YFI is now $13,283.00 USD.
And today is the starting time of the bullish market. I do believe that the price will go up again, moreover passing its ATH. But probably will not happen this year. Let's follow how the market will be again It probably will reach another bullrun again next week
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supply demand relationship. The more demand for a product, the more its price will increase. For years, bitcoin has been the first name that comes to mind when crypto money is called digital money. still most people do not know about cryptocurrencies other than bitcoin.
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well, I really agree with what you say because currently only bitcoin has a very high demand because bitcoin can be used to buy whatever you want so make the best of bitcoin.
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well, I really agree with what you say because currently only bitcoin has a very high demand because bitcoin can be used to buy whatever you want so make the best of bitcoin.
Bitcoin price will go up more in the next few weeks. Maximum Bitcoin experts believe that Bitcoin price may hit $20000 in the next few months. The recent pump has showed its legit reason and recently Paypal has accepted Bitcoin which has put positive impact on its price. I won't surprise to see Bitcoin price if it hits $20k sooner or later.
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Bitcoin has touch high at 16k now price is going down about 15k.
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The price of Bitcoin we see is much higher now. But we still can't say the exact reason behind the price increase. But I think the impact of the US election has increased the price a little bit. There are also more different reasons that we may not be able to say is correct.
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
Because only this crypto coin is really decentralized.
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
It seems like a lot of previous statistics.Currently Bitcoin has gone a long way and is going to be expected Will be in a better position.
It's just a matter of time.However, the price of Bitcoin is rising and the rest are not rising.
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Bitcoin has touch high at 16k now price is going down about 15k.
Don't worry sir,, bitcoin will again bullish in near future. We all waiting for jo Biden support.
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The price of bitcoin can be very high, because indeed many are looking for and like bitcoin. So that the owner can set a high price because of the high demand. In addition, bitcoin's struggle to reach the current high price has been quite long. So it's no wonder the price can be very high.
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bitcoin has a very high price movement because it is affected by very high demand and has a very limited supply so that is what ultimately makes the price of bitcoin very high.
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The recent rally, I think, was provoked by recent events, such as the American elections.
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Bitcoin price cannot be compared with others because it has own history how the price can improve. The price of Bitcoin can be so high because of its ATH in 2017. The price after the ATH still survives at the high rates, so we can see it untill now.
Yes I know. But we know that for increasing the value of any fiat currency depends on different factors like gold reserve, foreign currency reserve, demand in currency market, foreign trade etc. I wanted to know, are there any such factors against the price of bitcoin?
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bitcoin has a very high price movement because it is affected by very high demand and has a very limited supply so that is what ultimately makes the price of bitcoin very high.
Yes, agree. Very high demand and limited supply that cause bitcoin price is so high. I see many investors still enthusiast and believe in bitcoin. They doubt with altcoin. I think It is normal because bitcoin has biggest communites and still the best of Crypto.
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It is a very simple question that why bitcoin is so high? We know that bitcoin is the first crypto currency. The crypto world begins with the name of bitcoin. At this moment most the people know crypto currency as bitcoin. There are more then 5000 crypto currency in the crypto market but bitcoin is the best. So definitely the price will be high.
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well, I really agree with what you say because currently only bitcoin has a very high demand because bitcoin can be used to buy whatever you want so make the best of bitcoin.
In addition to the fact that bitcoin is in high demand among investors, it also has a limited issue. And this factor always pushes the price up.
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It is a very simple question that why bitcoin is so high? We know that bitcoin is the first crypto currency. The crypto world begins with the name of bitcoin. At this moment most the people know crypto currency as bitcoin. There are more then 5000 crypto currency in the crypto market but bitcoin is the best. So definitely the price will be high.
Okay, I think your reason why bitcoin price is so high, because bitcoin is the first of crypto currency. Indeed, it is true, but I think It is the correct reason. The main factor of the price are demand and supply. So, bitcoin is high demand and limited supply, It is the reason why so high.
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Bitcoin is a currency in the cryptocurrency market whose price keeps rising every moment. If the price of Bitcoin goes down, it can recover at a later time. Bitcoin currency is good for investing. The advantage of transactions is that this currency is traded by big companies and rich people all over the world. Because it is possible to trade a lot more money to eat this currency. So Bitcoin is used as a medium to transact more money. So everyone is confident that the price of Bitcoin will increase.
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everyone is confident that the price of Bitcoin will increase.
I think It is true, many investors still confident bitcoin will increase, It cause bitcoin demand is so high. When demand is so high, bitcoin price is always high. I think we all know bitcoin supply is limited , demand is high. So, bitcoin price always high.
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The king bitcoin will be high price this is very natural. We know in crypto market demandable coin is bitcoin and Ethereum are the best. Most of the people or investors holding bitcoin as their valuable assets like gold. Now they are very curious to hold it more. They know that how far the price will go? I think those are the key points to reach high.
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Bitcoin has touch high at 16k now price is going down about 15k.
Don't worry sir,, bitcoin will again bullish in near future. We all waiting for jo Biden support.
Cryptocurrency does not depend on the support of any countrys president. Even without the support of the countrys president, the cryptocurrency will continue to move at its own pace. New currencies will arrive in the market. However, Bitcoin will remain in the best position. So the price of bitcoin will increase in the very near future. There is no disagreement on this issue.
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Bitcoin is the first crypto currency. In market capital bitcoin cover 57% and 43% by others. Here is a big distance from the others and one another thing is bitcoin supply is limited. I think those are the main reason for high price of bitcoin.
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Bitcoin has touch high at 16k now price is going down about 15k.
Today's bitcoin market /price again jumped to $16000. Bitcoin highest price jumped after three years long term periods interval.
Just cheer up....
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Bitcoin is most popular than other.
High demand and limited supply is the reason why bitcoin price is so high.
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
The first most popular coin in cryptocurrency is btc .Many people known cryptocurrency by Bitcoin . It is the oldest and ancient coin in the cryptocurrency.when many countries allow this coin and the election was finished the president is being changed in these all happens the price so high i think .
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
The current Bitcoin price is16412 dollar fairly good. The main reason for the rising price of Bitcoin is the election. I think the price of Bitcoin is rising because of the loss of Donaltram in the election.
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The king bitcoin will be high price this is very natural. We know in crypto market demandable coin is bitcoin and Ethereum are the best. Most of the people or investors holding bitcoin as their valuable assets like gold. Now they are very curious to hold it more. They know that how far the price will go? I think those are the key points to reach high.
Yes sir I agree with your post because you have explained a lot about bitcoin price. Thank you very much for your post.
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Bitcoin is most popular than other.
High demand and limited supply is the reason why bitcoin price is so high.
Bitcoin is the best crypto in the market because all classes of people are involving themselves in bitcoin and many international organization already invested in Bitcoin. May be Bitcoin will be global accepted currency.
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It may happen one day, I am sure of it. But I don't think it will take the place of fiat currencies.
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There are many reasons why bitcoin is so expensive. The main factor is the supply and demand that occurs in the crypto market with limited supply. Many investors believe that investing in bitcoin will be very profitable, so there is a lot of bitcoin demand on the crypto market
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In my opinion it is because of the Law of Demand and supply.
Any product that is so limited or hard to provide will be high in price because many people are willing to invest on it, there are some instances that they can Bid on it just to ensure that they will be the one to get the item.
That might be 1 of the reasons why bitcoin is so high.
Yes we can Factual consider the reason that its is the first Cryptocurrency thats why It already builds its own credibility on the market.
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The current bitcoin price is fairly good with the bitcoin price at 16,675. Bitcoin prices are expected to rise further in the future. I think the price of this bitcoin is rising so much because of the election.
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Because Most of people want to have bitcoin. They try to hold bitcoin. They belive that bitcoin will be the valuable assets better then gold. Now bitcoin buy order is more then sell order. In this sequence definitely bitcoin price will be high.
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The price is rising and will continue to rise due to the extraordinary demand from the major players. Institutional investors come into play, and thanks to this, the crypto industry continues to develop and the market continues to grow.
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Bitcoin (https://the Url is blocked due to spam #Cpspam/guest-post/bitcoin-price-predictions-rise-once-again/)is an extremely volatile currency, which is something that even a rookie trader knows. When the market changes, the price of the coin changes abruptly and dramatically. It does not jump or plunge just by a few dollars, but it takes a pretty big leap whenever it changes.
Bitcoin now hits $17000 will it sustain or get rejected?
(https://the Url is blocked due to spam #Cpspam/news/bitcoin-price-broke-major-resistance/)
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The price is rising and will continue to rise due to the extraordinary demand from the major players. Institutional investors come into play, and thanks to this, the crypto industry continues to develop and the market continues to grow.
Yes, I think extra ordinary demand is one of the reason bitcoin price so high. Because bitcoin is limited supply. Bitcoin is increasing now, many investors have believed bitcoin will hit 25-30 k USD at early next year.
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Do you think it will rally to 20k again?
It could happen this month if the trend of this price increase continues. With the transaction value recorded as the highest transaction value after 2017, I thought the $ 20k price tag was just a matter of time
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Because bitcoin is always high demand adn more popular than other coin. We all know bitcoin is limited supply.
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Institutionals are investing in Bitcoin and it is reaching all-time highs as hedge fund managers, software companies, and celebrity billionaires seek inflation hedge. The price of bitcoin is steadily growing and this should be used.
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People born after 1981 and before 1996, it was noted that 1.84% of the combined net worth of this demographic was allocated to the Grayscale bitcoin trust, making the BTC-related investment vehicle more popular than Berkshire Hathaway, Walt Disney , Netflix. , Microsoft and Alibaba Group. This made GBTC the fifth most popular among millennials,
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As the first coin in crypto and also the coin to survive the longest. so I am not surprised if the price of Bitcoin is so high. What's more, many people know Bitcoin more than Crypto. So Bitcoin has become a trend in crypto and has become a mascot for the Crypto world.
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Habits aren't easy to let go, and bitcoin was the first unit to teach people cryptocurrency. It dominates the market as it is considered both reliable and the ancestor of crypto.
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I have read many comments at this forum, I agree the reason why bitcoin price is so high, because bitcoin is high demand and limited supply. I think It is true, and bitcoin is most popular than other coin. I agree with this opinion.
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1. The demand is so huge
2. The supply of the coin is measly
3. Halving system, Every 4 years the reward for miners will be half
4. POW consensus mechanism, people must buy expensive hardware if want to mining it
5. Miner increase gradually and of course the difficulty of the coin also will increase
6. If difficulty keeps increase, people will spend more money to buy the mining hardware, and make him will not sell their bitcoin for a cheap price in order to cover their cost of the mining hardware.
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I have read many comments at this forum, I agree the reason why bitcoin price is so high, because bitcoin is high demand and limited supply. I think It is true, and bitcoin is most popular than other coin. I agree with this opinion.
It was constantly argued that the consciousness of bitcoin was the result of an economic crisis around the world and, oddly enough, precisely because of the problems with the pandemic, which also brought economic decline in every country, affected the cryptocurrency market and Bitcoin. Precisely because of the economic crisis and the depreciation of all assets to which we are accustomed, investors were in search of an alternative, and in this regard, they recognized Bitcoin as the best.
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Bitcoin wants to be owned by everyone and altcoins are being thrown away by everyone. This words simple since created Bitcoin on 2009 .
Everyone is looking for Bitcoin and eventually Bitcoin goes up in price and as long as Bitcoin is not sold by the owner, the Bitcoin price will continue to rise, like it is for auction goods.
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The price of Bitcoin is so high because many demands in the market. So, the price of Bitcoin can be bullish many times. I think some people have the big role to pump the price in previous years. They may pump the price and create hype with good news of Bitcoin future.
Bitcoin is the number one coin in the cryptocurrency world. This bitcoin has gained the first place in terms of popularity. There is also a huge demand for this bitcoin around the world. And investors feel comfortable investing in Bitcoin. So the popularity of Bitcoin is increasing day by day.
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Bitcoin price cannot be compared with others because it has own history how the price can improve. The price of Bitcoin can be so high because of its ATH in 2017. The price after the ATH still survives at the high rates, so we can see it untill now.
I am agree with you. Bitcoin has strong strong Own History. It is Self dependable. All coin depends on Bitcoin not Bitcoin Depend on Others. Globally Usability of Increasing day by day and Investors invest here so Bitcoin Price is Increasing Day by day. Good wishes for you for your valuable opinions.
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
Bitcoin is in the first place in terms of popularity. Bitcoin is not comparable to any virtual coin. Bitcoin is the first cryptocurrency to succeed. Almost all people around the world are aware of Bitcoin. In my opinion Bitcoin is above all and will remain above all.
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
Bitcoin is the most popular and popular coin in the world. Bitcoin is called the king of cryptocurrencies. The price of Bitcoin is increasing day by day. I think the reason why the price of this coin has increased the most is because of its popularity and the fact that most investors and investors are investing in Bitcoin. If I have made a mistake, then forgive me, I have said what I think.
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Now a days people think that bitcoin is the top crypto currency in the world. People are very curious on this coin. Everyday lots of people invest in this coin for this reason Bitcoin price is increasing rapidly and so high. Bitcoin demand is all over the world.
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
।Thank you very much brother, you have analyzed it in such a beautiful way that I clearly understood the unknown idea that I had no idea about it. I really like your post and I really benefit from it. Thank you very much if not only me but also anyone else will know about it
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The reason why bitcoin price is so high. Demand and supply are basic factor of bitcoin price. High demand and limited supply.
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Bitcoin is one of the most popular coins in the world. Bitcoin is called the king of the cryptocurrency world. Bitcoin prices will rise, this is normal. Bitcoin is now above 18k. Undoubtedly Bitcoin is in a very good position now. The idea is that by 2020, Bitcoin will exceed 20k.
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I think investors underestimate the price of bitcoin. It should be much higher. When people understand the full power of this cryptocurrency, then its price will grow very quickly. Bitcoin can replace the dollar if people choose it.
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I think it's because bitcoin has a very high demand and also bitcoin has a very limited supply so that the price of bitcoin can be very expensive as it is today.
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All the big companies in the world have started using and trading bitcoin one after another. I think when these big companies publish the news on their official pages that they support and transact bitcoin. Then the number of users all over the world increased more and more. Then some more small companies follow them. As a result, the popularity increased even more. The price goes up as the demand goes up.
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The current rate at which bitcoin prices have risen is unpredictable. The current bitcoin price is 18,510. Bitcoin prices are likely to rise further in the future. In 2021, the price of Bitcoin could touch 25,000 to 30,000 dollar.
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The current rate at which bitcoin prices have risen is unpredictable. The current bitcoin price is 18,510. Bitcoin prices are likely to rise further in the future. In 2021, the price of Bitcoin could touch 25,000 to 30,000 dollar.
yes, I can agree with you that the increase in bitcoin will occur next year. Maybe the price could be more than your prediction if we look at the first and second% halving. We'll be waiting for that moment, obviously with preparations too.
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Although I'm not so sure about that. I have heard that Bitcoin can no longer generate. But the demand and the number of customers is increasing day by day. This may be the reason why the price of Bitcoin will increase all the time.
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Bitcoin is so high because I see many peoples have very enthusiastic to invest bitcoin. I think It is good for Crypto currency market. Bitcoin is still the King, It will affect all of altcoins.
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This maybe because of its capability of giving anyone a chance to make money no matter who a person is as long as he can read the volatile of bitcoin. Aside from this bitcoin is believed to be a store of value making more enticement to the community to invest in it than to choose new project.
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Bitcoin is the king of all coins. This bitcoin has gained a lot of popularity all over the world. Currently the price of this bitcoin is in the range of 19278 dollars. The reason for the increase in the price of this token is that its investors are the most in the world.
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I don't understand this Grayscale stuff. It is trading really fucking high
Each share for BCH according to Grayscale's BCH trust is 0.00933862 BCH / share
if you convert that to BCH that's $4,000 / BCH being traded on Grayscale Trust or am I do something wrong ??
Grayscale Bitcoin Trust is only trading at $23,487 / BTC
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- bitcoin is scarce, bitcoin is the gold of the digital world and is the father of altcoin which inspired coins that currently exist -
I agree, we only have one Bitcoin. There are no other coins that can be as good as Bitcoin. That makes Bitcoin unique and becomes like a gold in crypto space. I also think that this uniqueness to make Bitcoin be always king for all crypto coins. We are lucky that Satoshi created that Bitcoin with amazing concept.
Yes every crypto undergoes a very detailed process that initially done and slayed by Bitcoin. Given the fact that it is the one of the first it got uts popularity because of its reliability and the investors see the potential of this concept.
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Bitcoin is a scarce asset, it has small, limited supply and with acceptance and adoption on the rise its demand is increasing which is increading the price but to be honest price is still cheap because in few months time we will see bitcoin becoming very expensive.
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Bitcoin is a scarce asset, it has small, limited supply and with acceptance and adoption on the rise its demand is increasing which is increading the price but to be honest price is still cheap because in few months time we will see bitcoin becoming very expensive.
I've read a data, if bitcoins have spread in many wallets with an average of about 10 bitcoins per wallet, but I forgot a little where I read the data, if you've read data about this you can remind me. :)
but what I mean here is, when the coins are scattered in many wallets this indicates that mass adoption has occurred, it's just that we don't realize it,
and for the very high rise in bitcoin prices due to the whale pump and market sentiment that is supporting the bull market to come soon.
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I think many people have answered this question, why Bitcoin price is so high. Because bitcoin is high demand and limited. I agree with this answer. Bitcoin is still superior and many investors have bought more bitcoin now.
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I think we forgot to mention that Bitcoin is the main source of cryptocurrency energy which allow coins to circulate. Without bitcoin I don't have any idea if what will be the present condition of cryptocurrency. Because of Bitcoin,the birth or altcoins happen. Bitcoin the main investment while altcoins is alternative.
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Good mate, and i wll added it .
The enthusiasts for Bitcoin are very large and very unstoppable when looking at cryptocurrency every year.
Growing big and slowly rising Bitcoin buyers, thus increasing the price of Bitcoin itself naturally and this is clear evidence why Bitcoin can be very expensive when compared to other cryptocurrencies.
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
I have no idea about this but from my experience I will say. Bitcoin has already reached the top of popularity. Bitcoin has taken the top spot in the market. So investors feel comfortable investing in Bitcoin and everyone invests in Bitcoin. I think that's why Bitcoin is so expensive.
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there are some reasons why the price of BTC is higher than other cryptos and why the price is so high.
1. This is the first cryptocurrency, it has very low price and then growing up having very high price.
2. Many people use and hold this with its limited supply
3. the supply is limited, but the demand of BTC is very high
4. It has very high trading volume
5. It is trusted, worthy, available to use as payment transaction, and more others.
Thank you very much. You said it was very nicely arranged. From where the members of June can easily understand. We will have no difficulty in understanding if you post like this.
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
I don't know about the subject you discusse.I am New to many of the Bitcoin is one of the most popular site in crypto currency would.I think it's price four times higher than that of the Merket.Ther are many senior brother in this forum who can tell you details.
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Because indeed the number of Bitcoin is limited, while there are very many enthusiasts. Then the price can be very high. And also Bitcoin is the first coin in crypto. So it is not surprising if the price is indeed the superior and the highest value.
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
It is always first known crypto in this crypto world .It is highly used in over the world it makes it valuable .It is accepting now gradually all over the world .It is a well established platform and strong .It is the first ever blockchain as i know that's it is more popular than any other coin.
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High price because people are willing to buy for that price and they believe it to be fair
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Everyone knows that Bitcoin is the king of crypto. This is the first cryptocurrency that is created. Additionally, we are sure that BTC is a good choice both for investment and also other earning money. And the supply is limited while the demand is getting higher every day
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Everyone who works with us knows that Bitcoin is the king of all coins. It is popular all over the world. If we look at the current price, we can see that it is a little below 19 thousand dollars.
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Because this is the first cryptocurrency to appear. And I think he will always come first. That is why its price is so high.
Exactly says you are the first coin to appear. Due to which its price is very high. Bitcoin is already the best cryptocurrency. Bitcoin is in their place. Bitcoin's popularity is growing day by day.
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Bitcoin is one of the most popular currencies in the world and its demand is growing rapidly. And the biggest thing is that investors prefer to invest in Bitcoin for a long time. For some time, he blamed the USA election for the sudden rise in the price of more bitcoins. New US President Joe Biden supports Bitcoin and he invests in U Bitcoin. Maybe US President Joe Biden could increase its price to support Bitcoin.
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No one could have imagined that the price of Bitcoin would rise so much in such a short period of time. I have seen that many people have analyzed this, so I have seen that no one has received any news. No one could have imagined that the price of Bitcoin would suddenly increase so much money. If anyone knows why the price of Bitcoin has suddenly increased so much please let me know ??
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Brother you want to know why the price of bitcoin is so high. Brother, I would say that if you tell a child why Bitcoin is so expensive, he will say that Bitcoin is so expensive because it is the king of all currencies and its demand is the highest. However, today the price of Bitcoin has come down a lot. After Bitcoin hit its record high, prices have started falling again. Brother, your post has been very beautiful. Hope you will try to post more beautiful. Thanks
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Why Bitcoin is so high ? I think the reason why It happened. Because bitcoin is always high demand and we know bitcoin is limited supply.
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I have read many opinion by big brother here. The reason why bitcoin is so high , because bitcoin has high demand and limited supply, bitcoin also has owned by everyone. I agree with their opinion. I myself have bitcoin and still hold it.
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I don't know fully about this matter. But my small knowledge to I have say Bitcoin is most popular coin in cryptocurrency. Its popularity increased day by day. It is one of the reason to Bitcoin price so high.
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I don't think any coin can compete with Bitcoin. No coin can go on bitcoin. Nowadays Bitcoin has gained a lot of popularity. Bitcoin is called the king of cryptocurrencies. The price of Bitcoin is currently skyrocketing. In the next few years, Bitcoin will reach its destination.
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You cash very good point.I thinki bitcoin price is very high it's one of the reason of its popularity.we Know bitcoin is top coin in cryptocurrency.its popularity increased day by day.every crypto related person are know about this matter.so I think it's on of the reason to increase bitcoin price.
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
Bitcoin supply is limited to only 21M but still now it has circulating supply $18.56M. Bitcoin's popularity is expanding tremendously in every corner of the world. More and more new investors are entering into the investment purpose in Bitcoin. More and more countries, agencies, companies, financial institutions including Paypal are starting to accept Bitcoin for various purposes. So, when such a limited supply coin that has huge popularity and demand in the market, it reflects on market price generally. That's why Bitcoin's popularity, demand and low supply are pushing it to the high price day by day.
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Bitcoin is growing day by day because of bitcoin mining dificulty also people are holding bitcoin.
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why is BTC that expensive? because people believe in BTC. one of the most important people is Satoshi Nakamoto, because in his wallet he has one million BTC, with sincerity he never intended to sell BTC, because he was the one who initiated how crypto currency was used for human benefit. This is a sincere gift from Satoshi Nakamoto. Imagine that with today's project, people are oriented towards profit, not goals.
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Bitcoin is expected to be a financial solution in the future, with all its advantages compared to ordinary money. Because of this potential many people are hunting Bitcoin, and seeing the many Bitcoin hunters make people who own Bitcoin sell it for a high price. The limited supply of Bitcoin is also a factor in the high price of Bitcoin.
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Bitcoin is known to us as the largest and most popular coin in the world. This bitcoin occupies almost the entire cryptocurrency market. Many people transactions Bitcoin. Bitcoin transactions have been legalized in many countries. I think bitcoin is more buy-sell because its price is always so high.
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
Due to the needs as well as the trust of the user, the user often trusts and continuously increases the value. During this volatile time, BTC is often the choice for investors because it is stable and transparent to the user and it can bring income to the owner.
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It is simple because bitcoin is most popular coin in cryptocurrency.every one know that about this coin.day by day it's popularity increased.Bitcoin is Everytime stand to take a good position.I hope future days bitcoin popularity more increase.
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
All coin is pumped bitcoin is now $19,000+ It's just pump day by day. 10 thousand dollars has increased in 4 months 🙄
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It is simple because bitcoin is most popular coin in cryptocurrency.every one know that about this coin.day by day it's popularity increased.Bitcoin is Everytime stand to take a good position.I hope future days bitcoin popularity more increase.
Due to the transparency as well as the easy transaction that almost all investors want to aim for, there is a very attractive price. Although it is always risky, but the beneficial value it brings, no one can deny. While I am writing, the price is increasing by over $ 19,200 1 figure is exceeding when 6 days ago it was still at $ 16,000.
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Bitcoin is higher in price and still the King. And yet the price is unpredictable, meaning it can riseup or it can decrease in price. One thing is sure, if there is Downfall there is also rising in price.
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
Due to the needs as well as the trust of the user, the user often trusts and continuously increases the value. During this volatile time, BTC is often the choice for investors because it is stable and transparent to the user and it can bring income to the owner.
I agree with you about that. I believe investors will invest more heavily in BTC because the full return is huge, although it is always risky but I believe it will thrive in the future with the new coins that will boost the market. The school is developing more and more in the coming years
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A few days ago, the price of Bitcoin was much lower, now the price of Bitcoin is quite good. The current market value of Bitcoin is 18,620 dollar. The price of Bitcoin was higher but from there it has decreased a bit. Although the price of Bitcoin is a little lower but its speed is going up. So it can be said that the price of Bitcoin is much more likely to rise further. In 2021, the price of Bitcoin could be from 30 thousand to 40 thousand dollars.
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I have read many opinion by big brother here. The reason why bitcoin is so high , because bitcoin has high demand and limited supply, bitcoin also has owned by everyone. I agree with their opinion. I myself have bitcoin and still hold it.
I agree your opinion, bitcoin price is so high because bitcoin has high demand and limited supply. We all know bitcoin is the biggest and most popular than other coin. Bitcoin always be number one and maintain it's rank.
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Yes bro the price of Bitcoin is the highest of all crypto currencies, and this currency is the most popular. And because Bitcoin is in high demand, its price is always high. It is the number one currency in all crypto markets. Today, the price of Bitcoin has started rising again. Today the price of Bitcoin is 5 19258. Hopefully by the beginning of 2021, Bitcoin will reach 25 to 30 thousand dollars. The senior brothers have given more beautiful opinions in this regard. Hopefully you have learned and understood a lot from this.
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You made an important post, brother, I think the reason why the price of Bitcoin has risen so much is that Bitcoin is one of the best in the world of cryptocurrency. And continues to grow. Will be valued as the best coin in the cryptocurrency world. That is why the price of Bitcoin has increased so much.
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The top 10 most valuable cryptocurrencies in US Dollar ($) in the year 2020.
Name of the coin Value in US Dollar ($)
Bitcoin 9,262.67
Maker 463.27
Bitcoin Cash 236.15
Ethereum 235.11
Bitcoin SV 185.00
Dash 69.23
Monero 63.62
Zcash 53.76
Litecoin 43.26
Augur 19.06
We can see that Bitcoin is the most valuable coin in the crypto world. But it is a matter of concern that the price of it's nearest valuable coin (Maker) is 20 times lower than Bitcoin. Why Bitcoin price is so high? Can you explain please......
The users of the Bitcoin are so much and that is the reason that the BTC price is high becasue in the crypto market so many peoples start trading in it and they make good money through trading on daily basis.
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The reason for the increase in the price of Bitcoin is that the number of users and investors is increasing day by day. So the demand for bitcoin is increasing. When the demand for any product or coin is high, the price goes up. I have no doubt about the popularity of bitcoin. The demand for bitcoin will increase as the days go by. So the value of bitcoin is much higher.
Yes brother you are right I agree with you. Because the popularity of Bitcoin is increasing day by day. And the financial needs of the people are also increasing a lot. So we can say that when the demand for a product or currency is high, its price goes up a lot. So we have no doubt about the popularity of Bitcoin. The demand for Bitcoin is increasing day by day. So we can say that the value of Bitcoin is much higher.
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This is the most recognizable cryptocurrency, which has the largest community. Now it is impossible to find such a person who would not have heard about the existence of bitcoin.
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Because we have only BTC, like only Gold. BTC has the largest node network in the world, along with the largest number of users and community. So its price is determined by the market.
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Bitcoin has surpassed its highest label ever and reached $ 20600. The value of bitcoin is constantly getting high because very big companies are investing in it, even a big company like Paypal has jumped into it.
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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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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)
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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.