Why the price of bitcoin so high?

[Hexsas]

Bitcoin is a crypto main coin that has a limited supply. Bitcoin has many benefits so many people want bitcoin. the more demand for bitcoin will make bitcoin have a high price.

[therozaq]

Bitcoin is the original one, so is it superior. I believe that altcoins are followers of bitcoin and should be put after bitcoin. When a person newly gets involved to cryptocurrency, he must know the bitcoin first in order to understand crypto world. The reason of price rise in bitcoin, is because bitcoin is nominated worldwide and is acceptable at most places, whereas people are mostly not aware of altcoins.

In my opinion the reason why the price of bitcoin so high, because Bitcoin is the first of crypto currency. Altcoins are follower of bitcoin.

[bhm45]

The price of bitcoin is so high because the bitcoin become the number one cryptocurrency in all over the country and people know about bitcoin in all over the world  and more people attracted towards the bitcoin in daily life because by seeing the price of bitcoin very high rate and it countinously increasing rapidly . So people attract towards the bitcoin is more to earn the more money in less time which help them to become rich.

[Garuda]

Bitcoin is always high if it's time for high prices. but if the time for Bitcoin is low, then the price is low as it is today. in August this Bitcoin price is low. Bitcoin is the type of coin that most influences other coin markets. so if Bitcoin goes down like now, then Altcoin will also go down following Bitcoin.

[Mengkay07]

Bitcoin is so high because there are many people think that Bitcoin is a gold of cryptocurrency. They believe that its price always rise and they have to hold to wait until they get profit.

It is all because bitcoin has a high demand on the crypto market. Bitcoin has a very high price because many people wanted to have it for good. They male bitcoin as an asset of gaining thatvis why the demand and the price of bitcoin become high.

[Mbah Jenggot]

Bitcoin is the original one, so is it superior. I believe that altcoins are followers of bitcoin and should be put after bitcoin. When a person newly gets involved to cryptocurrency, he must know the bitcoin first in order to understand crypto world. The reason of price rise in bitcoin, is because bitcoin is nominated worldwide and is acceptable at most places, whereas people are mostly not aware of altcoins.

In my opinion , Why the price if bitcoin is so high because  high demand  of bitcoin on the crypto market.

[de_prof]

Bitcoin is the original one, so is it superior. I believe that altcoins are followers of bitcoin and should be put after bitcoin. When a person newly gets involved to cryptocurrency, he must know the bitcoin first in order to understand crypto world. The reason of price rise in bitcoin, is because bitcoin is nominated worldwide and is acceptable at most places, whereas people are mostly not aware of altcoins.

The price of bitcoin is so high becaus the demand of bitcoin also so high. It is the reason why.

[DAMKAR]

Bitcoin is the original one, so is it superior. I believe that altcoins are followers of bitcoin and should be put after bitcoin. When a person newly gets involved to cryptocurrency, he must know the bitcoin first in order to understand crypto world. The reason of price rise in bitcoin, is because bitcoin is nominated worldwide and is acceptable at most places, whereas people are mostly not aware of altcoins.

In my opinion, the price of bitcoin is so high because bitcoin is the first if crypto currency and bitcoin demand is so high. It is more popular than other crypto.

[rizqillah]

Bitcoin is the original one, so is it superior. I believe that altcoins are followers of bitcoin and should be put after bitcoin. When a person newly gets involved to cryptocurrency, he must know the bitcoin first in order to understand crypto world. The reason of price rise in bitcoin, is because bitcoin is nominated worldwide and is acceptable at most places, whereas people are mostly not aware of altcoins.

Because Bitcoin is the first of crypto currency and high demand on market. It is my opinion.

[TERMINO]

The reason why bitcoin price is very expensive because of the huge demands of the people. Some people are optimistic to see the future so they choose to buy bitcoin as the preparation of the long term investment.

[Putih]

Because the first coin appears in crypto, and many people believe bitcoin as an original coin in crypto, and that belief makes bitcoin very valuable and has the highest price in the crypto market.

[thanks rye18]

Bitcoin is the original one, so is it superior. I believe that altcoins are followers of bitcoin and should be put after bitcoin. When a person newly gets involved to cryptocurrency, he must know the bitcoin first in order to understand crypto world. The reason of price rise in bitcoin, is because bitcoin is nominated worldwide and is acceptable at most places, whereas people are mostly not aware of altcoins.

the reason why bitcoin is very expensive nowadays its because bitcoin is the pioneer among all cryptocurrency and it's just like an antique today which is very valuable to many people and maybe due to its popularity makes bitcoin too expensive nowadays.

[Alpha]

I think it is not about originality rather about potential to lead the world of cryptocurrency. No matter how original the coin is if it couldn't lead into the future it will become useless.

[Knaw]

because bitcoin is also the number one coin in the world and also very popular, the highest value, because bitcoin is the basis of all the altcoins on the market, so we believe that bitcoin is an investment that benefits us all.

[Lukasz]

Cost of running the hardawre that mines bitcoin somewhat dicates the price of bitcoin and so as the difficulty will keep rising so the price of bitcoin will so keep hodling and see you on the moon