Post
Topic
Board Speculation
Re: Why bitcoin so expensive?
by
engrdaver
on 16/01/2018, 10:30:40 UTC
Bitcoin is so expensive if it will be converted to my country's currency it will cost hundred of thousands.
Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.

To put it simply, something that has high demand yet limited supply will always be expensive because people will be buying it. Another is that people today have learned the value of Bitcoin and the possibility of making it an investment. Also, talks about using Bitcoin as an international currency for online payments intrigues people, so more are getting into the Bitcoin fever.