Why the price of bitcoin so high?

[Ruwet]

The high price of bitcoin is most likely inseparable from the ever increasing demand so that someone who still relies on bitcoin to invest in the possibility of creating success can be realized and has a very positive impact on their economy.

[Ambu]

Bitcoin is number one cryptocurrency and it is most popular cryptocurrency thus bitcoin is fundamental of cryptomarket hereby convert all cryptocurrencies to fiat currency so bitcoin usage is increasing every second thus bitcoin price is too high.

[levyashin]

Like every asset, the bitcoin price is set by the market.

Supply and demand is the reason for the bitcoin price. Supply is stable, the price changes with the change of the demand mostly.

[anshor1]

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.

Price of bitcoin is so high, because bitcoin demand is so high. Bitcoin is the King of crypto currency.  I think Bitcoin will be more valuable at the future.

[cryptofunn]

The current price reflects the bid and ask price. It is for this price that buyers are ready to buy bitcoin, and sellers sell bitcoin

[Dodo]

ever increasing demand makes someone who still relies on bitcoin to invest in creating success can be realized and have a very positive impact on their economy.
The high price of bitcoin is most likely inseparable from the high demand.

[dekafee79]

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 many people want to invest in bitcoin, It is so high demand..Bitcoin is more popular and more valuable than other coins.

[cora]

price of btc become moved by using us. there may be nobody to blame by the charge u.s.a.and down but the traders. The regulation of supply and call for will assist us apprehend why there may be rate exchange in the exchange.

[Kiritod]

Just of my opinion why bitcoin its really high because its the first technology cryptocurrency blockchain and bitcoin have a lot solid community trusting on bitcoin. Bitcoin its the main currecy for all Altcoin

[ComeBack]

Yes I agree that bitcoin has that price because it's the mother of all altcoins out there. Those altcoins simply following their mother price that's why some altcoins prices goes down when the bitcoin price goes down too and vice versa,

[yitzjoe]

the price of bitcoin is so high because he was the initial pioneer of crypto and they have experienced a fairly long price development to date

[Bica]

Bitcoin became the first popular cryptocurrency. Now it is obsolete. New cryptocurrencies should become leading. I think now is the time of change.

[pedangrusak]

bitcoin is also a basic value provider for crypto where altcoins do paring against bitcoin and this makes the price of bitcoin stronger and gives color to altcoin prices

[leodiaz]

The price of Bitcoin is so high because up to now many users have invested and bought Bitcoin. New users who come in Bitcoin every day also boost market prices which are initially low to high and keep going high over time. So it is reasonable if every year the price of Bitcoin soars up.

[Nazir]

price of btc turned into moved by means of us. there's no one responsible by means of the rate americaand down but the traders. The regulation of supply and call for will assist us understand why there may be rate exchange within the exchanges.