Why the price of bitcoin so high?

[marcsymons]

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.

You mean Bitcoin price is on top against Altcoins because to think the current Bitcoin price is quite cheaper by now which is not really high at the moment. Well, Bitcoin value is top from Alcoins because it happen that it was the first Crypto that created that it build a deep foundation of trust among the people as the most promising that even it has no commodity to introduce still the people will choose it as the most promising investment

[owmivmen]

As the first digital currency that can be used to transact like money that everyone uses. this is what makes bitcoin a high value

[Dream]

That is the fundamental to learn first the systematic knowledge about bitcoin and crypo in order to have enough idea regarding cryptocurrency.

The reason why the price of bitcoin is so high because it attracts people to join.  This is very essential to encourge and motivate the citizen to be part of this so called bitcoin. Money is the number one needs of people. Another reason is it also encourage people to be hard working in posting something on some issues or given topic.

[Hadisularto]

yes, you're right bitcoin is king of ceyptocurrency and almost everyone likes to invest in bitcoin, besides bitcoin is very popular and the price is very high.

[Octoalts]

The amount of Bitcoin is limited to only 21 million, while the demand for Bitcoin is quite high which causes the price of Bitcoin to be very high, Bitcoin is a modern payment technology, and people understand that so many invest their money into Bitcoin.

[korkorjkk]

The price of a cryptocurrency increases if the project turns out to be very successful. That is why Bitcoin price is so high and since other coins are also coming up, of the project becomes successful, there will be an increase in price.

[Danus]

Bitcoin is the most popular of all crypto currencies. This is never in doubt. Even when he falls. And beginners always start with bitcoin.

[fulled]

simple, because bitcoin is like a benchmark for altcoins, and also many indivual and company already use crypto as a hadgefund, so demand of bitcoin is always rising over time, if you check the stock market, now is a bear trend, i believe many people will sell their stock and invest into crypto in Q4 2018 or Q1 2019 when the global crisis predicted will come on that date

[elbans89]

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.

Yes It is true. The price of bitcoin is so high. Because the demand of bitcoin is higher than other crypto currency.

[Seeyy]

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

[Sentinel]

Personally, I don't know why bitcoin prices are so high. But if the purpose of your question is why the bitcoin price is higher than the altcoin, I can explain a little. In my opinion, this bitcoin has a higher value than the altcoin, because bitcoin is an electronic currency that first came out. Whereas altcoins are followers, so altcoin does not have a higher value than bitcoin.

[Iconic]

Bitcoin prices are high because there are so many interested people. and that encourages enthusiasts to always buy Bitcoin, which is why the price of Bitcoin is very high, but the profit is also high. But now Bitcoin is down again and it's a good opportunity for us to buy Bitcoin at a low price. and later predicted that the price of Bitcoin will be high again.

[zenbook]

The reason why bitcoin's price is high is because it was the first cryptocurrency that was been invented long years ago.
The more bitcoin becomes old, the high price it will be. Since bitcoin is oldest in the market, it has its highest price in the market.

[fallenangel1789]

Because bitcoin was become the first crypto in the cryptocurrency's history. Because bitcoin is synonim to cryptocurrency. Because demand in the market is high for bitcoin.

[poshare]

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.

yes, bitcoin is the case of trust of millions. Its relative difficulty for understanding make people, which are far from mathematics, to drop in this world and enjoy the beauty of cryptography, to understand the importance of it.