Why the price of bitcoin so high?

[Aulia10]

The first time a digital coin was created was bitcoin before the other altcoins, at that time bitcoin was still in the process of trying to achieve long-term success until now.
Bitcoin supply is not much, now there is an increase in demand, so prices are increasing due to an inadequate supply of coins with more demand

[BenWhite]

It's a king of crypto and the most popular nowadays.
But I still believe ETH will have the highest price in the future.

[Ruwet]

I think the price of bitcoin has increased after enthusiasts continue to grow with the existence of these problems the possibility of traders to create success is greater and the economy can be better than before.

[fulled]

It's a king of crypto and the most popular nowadays.
But I still believe ETH will have the highest price in the future.

If the scaling problem will solved in near future i believe eth will reach new ath, eth has so many potential to explore

[Jaguar]

High price means great demands with less supply. This is the basic understanding to understand why bitcoin is too expensive.

[tasyad12]

in my opinion, bitcoin prices can soar because they are getting popular on social media such as Twitter, Facebook, LinkedIn and others, so investors are interested and become expensive bitcoin prices

[hermae]

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.

I think I agree with what you said. The reason why bitcoin is the most expensive is because it is the pioneering coin and it is the face of the cryptocurrency. Also bitcoin is the most widely known among all the coins in cryptocurrency and I agree that it should be the highest priced coin among all.

[hoodie]

Coin issuance is limited to 21 million Bitcoin. This means that the endless release of cryptocurrency will not work, and it goes into the category of scarce goods. What happens to ordinary money when the Central Bank turns on the printing machine? Money falls in price, inflation is rising. Bitcoin coins reduce the cost problems are not terrible. The closer to the upper emission limit, the more valuable the purchase of cryptocurrency for investors and the higher the price.

[olivia]

Investors have now increasingly believed in cryptocurrency. The trigger is the legality of cryptocurrency by several major countries in the world. The development of cryptocurrency technology and price stability of several major cryptocurrency also strengthened the trust. The rejection that occurred in several countries, including in China, did not succeed in eroding investor confidence.

[olivia]

Investors have now increasingly believed in cryptocurrency. The trigger is the legality of cryptocurrency by several major countries in the world. The development of cryptocurrency technology and price stability of several major cryptocurrency also strengthened the trust. The rejection that occurred in several countries, including in China, did not succeed in eroding investor confidence.

[Legends]

we know that btc is the first and also the most superior coin in cryptocurrency. btc is liked by many people because btc is also good for long-term investment.

[pacar_tiri]

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.

Bitcoin is the first of crypto currency. It is the reason why the price bitcoin is so high. Because Bitcoin is so high demand.

[JaymondStark]

There will be a limited number of bitcoin in the market and when new investors come to buy bitcoin, it's price is increasing. time to time huge numbered of players come to buy new bitcoins and thats why the price is increasing intentionally.

[Thegals]

In my opinion, bitcoin will experience a high price increase after 2020. Hopefully the price can rise and exceed the highest price last year. Whereas for this year price movements still tend to be flat and below 8k.