A reason why bitcoin has high value now.

[Samuel77]

Bitcoin has more value now because bitcoin is the most popular cryptocurrency in the whole world presently and also bitcoin is more accepted that any order cryptocurrency in the world

Post automatically merged: Apr 14, 2021

Bitcoin has more value now because bitcoin is the most popular cryptocurrency in the whole world presently and also bitcoin is more accepted that any order cryptocurrency in the world

 

[Ehizzy1]

The bitcoin price value is categorized by the forces of demands and supply ,when there is high demands there is always a case for The price to move very high and continue its increase

 

[Abbeyola]

As we know that crptocurency are in limited amount . Same case with bitcoin, only a particular number of bitcoin is present globally which circulates all around the world. As more and more people are investing in it, it's value goes on increasing. As some people thinks this as a one night rich scheme.

I think the cryptocurrency bitcoin has the highest value, because of the rate it keeps on increasing in value and the demand for it by people and organizations.

 

[Lyrrex]

The price of Bitcoin is increasing because, a lot of people are adopting it, and as a result its price can possibly reach $1million in the near future as more people and even nations embrace it.

 

[Jesuyemi 08]

As we know that crptocurency are in limited amount . Same case with bitcoin, only a particular number of bitcoin is present globally which circulates all around the world. As more and more people are investing in it, it's value goes on increasing. As some people thinks this as a one night rich scheme.

Of course there is always a pump in bitcoin value when more investors put their money into it and vice versa.

 

[Samuel77]

The main reason why bitcoin has high value. one of the main reason why Bitcoin has higher value it is because bitcoin is more popular and also well accepted than any other cryptocurrency.

 

[Cash%]

Bitcoin has more value now because bitcoin is the most popular cryptocurrency in the whole world presently and also bitcoin is more accepted that any order cryptocurrency in the world

Post automatically merged: Apr 14, 2021

Bitcoin has more value now because bitcoin is the most popular cryptocurrency in the whole world presently and also bitcoin is more accepted that any order cryptocurrency in the world

Its the most valuable that is more reason you see so many newbie investing in bitcoin ,because they know how much more value bitcoin have , but there other coins with lot of potential

 

[Eodine]

Bitcoin's price increase can also be attributed to its stock-to-flow ratio and deflation. Should Bitcoin continue on this trajectory as it has in the past, investors are looking at significant upside in both the near and long-term future

Word! And also, the different social vices which has increased the rate of unemployment drastically has made lots of people considered investing in crypto currency.

 

[Arman036]

Bitcoin is still comparatively small. As the narrative around, and acceptance of, Bitcoin as digital gold grows, the network will store substantially more value. This translates to a higher price for Bitcoin since supply growth is capped at about 2% annually, and supply increases will further decline over time.”

 

[Nomad]

Bitcoin is the original crypto currency, people trust bitcoin more than anything else, therefore, a lot of big, medium as well as small investors are investing on bitcoins

 

[Mostee501]

Possible reasons why bitcoin has the highest value now than other digital coins,is its nature being the most popular digital cryptocurrency coin and has more investors.

 

[Richard92]

This is because of the numbers of investors coming into the market these days, many multinational company are investing in cryptocurrency.

 

[Nicklas22]

In business the money the demand for a certain goods, the higher the amount of that specific goods
So the reason why Bitcoin value is high is because the demand is high

 

[Cash%]

In business the money the demand for a certain goods, the higher the amount of that specific goods
So the reason why Bitcoin value is high is because the demand is high

And i have a believe that when the demand continues to increase it might be hard for we traders to see a huge fall in price of bitcoin then

 

[Doradorwa]

The rate of bitcoin can be contributes to the interest of the rich in that coin. Bitcoin alone is receiving a fair share of attention in all crytocurrencies hence the constant rise and fall.

 

[Fizzy_boi]

The reason why Bitcoin of all crypto currencies price has to be because of the demands on the coin and the certain hype it has received . Everyone definitely wants to own BTC.

Post automatically merged: Apr 28, 2021

The reason why Bitcoin of all crypto currencies price has to be because of the demands on the coin and the certain hype it has received . Everyone definitely wants to own BTC.

 

[Ziki]

One reason for the high price of Bitcoin is because it is used for several transaction. That aside, it is one of the very first coin and has gained reputation.

 

[Pear]

Thee price of bitcoin now js as a result of many liquidity of bitch in the market now. Few months ago some big investors pumped money into bitcoin which cause the recent rise

 

[Damscooguns73]

Concerning a reason why Bitcoin has high value now. Well, I believe the reason why Bitcoin has high value now is because of the rate of the demand and supply of that coin, that is why the coin keep rising every now and then, people and companies are partnering with Bitcoin

 

[Bigabigs]

I think the reason behind the growth and continued increase in the value of Bitcoin is because of the limited amount in the market and the high demand it is currently enjoying at the moment. The higher the demand the more expensive it gets