SubscribeThe halving caused a decrease in the supply rate of the coin. With this, the rate of demand relative to the rate of supply has undoubtedly increased. And with that, the price also increases.
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Thread: Why Bitcoin price is so high?
#12
The halving caused a decrease in the supply rate of the coin. With this, the rate of demand relative to the rate of supply has undoubtedly increased. And with that, the price also increases.
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#11
It's one of the reasons why Bitcoin has continued to flourish despite the world crisis caused by the pandemic.Originally Posted by Mr. Cid
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#10
Bitcoin price cannot be compared with others because it has own history how the price can improve. The price of Bitcoin can be so high because of its ATH in 2017. The price after the ATH still survives at the high rates, so we can see it untill now.
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#9
People has been searching on how to increase their income while staying at home. The crypto investment gives hope to other people.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#8
The thing that influences the price to be high is its limited supplies. Additionallly, the BTC has the most valuable crypto in thw world and this cannot be separated.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#7
The price of the Bitcoin rapidly increases due to the sudden spike of investors. Some people tried to invest their funds online because of the crisis caused by the pandemic.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#6
The reason for the increase in the price of Bitcoin is that the number of users and investors is increasing day by day. So the demand for bitcoin is increasing. When the demand for any product or coin is high, the price goes up. I have no doubt about the popularity of bitcoin. The demand for bitcoin will increase as the days go by. So the value of bitcoin is much higher.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#5
The value of the Bitcoin looks so expensive due to the spike of investors.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#4
there are some reasons why the price of BTC is higher than other cryptos and why the price is so high.
1. This is the first cryptocurrency, it has very low price and then growing up having very high price.
2. Many people use and hold this with its limited supply
3. the supply is limited, but the demand of BTC is very high
4. It has very high trading volume
5. It is trusted, worthy, available to use as payment transaction, and more others.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#3
The number of investors in Bitcoin has doubled, resulting for its value to increase and looks expensive.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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