Post
Topic
Board Speculation
Re: Why bitcoin so expensive?
by
madainfamous
on 18/01/2018, 03:28:02 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.
A lot of factors affect bitcoin's price. One is the market which has a direct affect on it. The higher the demand on bitcoin, the higher its price. And also, the cash value in your country also depends on the exchange of your currency's value versus dollar.