High exchange rates of Bitcoin

mnp
Posts: 96
Joined: Mon Apr 10, 2017 10:43 am

High exchange rates of Bitcoin

Thu May 04, 2017 8:28 am

What's causing Bitcoin exchange rates to go high?
safa
Posts: 149
Joined: Mon Apr 10, 2017 10:45 am

Re: High exchange rates of Bitcoin

Thu May 04, 2017 12:45 pm

Bitcoins are finite in number and people see this currency as the best alternative to the digital currency. However, the increased demand leaves them short in supply, resulting in higher value.
howard
Posts: 150
Joined: Fri Apr 07, 2017 6:03 am

Re: High exchange rates of Bitcoin

Wed Oct 11, 2017 12:22 pm

its increased demand and limited supply.
jamy
Posts: 206
Joined: Mon Apr 10, 2017 10:42 am

Re: High exchange rates of Bitcoin

Wed Oct 11, 2017 12:23 pm

the exchange rates are high when the demand of bitcoin is increased.
Jed
Posts: 95
Joined: Tue Apr 25, 2017 5:38 am

Re: High exchange rates of Bitcoin

Wed Oct 11, 2017 12:23 pm

it is all the game of supply and demand.
joe
Posts: 106
Joined: Thu Apr 06, 2017 10:33 am

Re: High exchange rates of Bitcoin

Wed Oct 11, 2017 12:23 pm

there are other factors that indirectly affects the price of bitcoins like the investments, transactions and policies planned against bitcoin.
jordi
Posts: 89
Joined: Thu Apr 06, 2017 10:38 am

Re: High exchange rates of Bitcoin

Wed Oct 11, 2017 12:24 pm

when the demand is high and supply is low.
joseph
Posts: 84
Joined: Thu Apr 06, 2017 7:52 am

Re: High exchange rates of Bitcoin

Wed Oct 11, 2017 12:25 pm

bitcoins are limited and its demand is increasing.
josh
Posts: 96
Joined: Sat Apr 08, 2017 11:24 am

Re: High exchange rates of Bitcoin

Wed Oct 11, 2017 12:25 pm

bitcoin demand increases its price.
justee
Posts: 87
Joined: Wed Apr 19, 2017 7:17 am

Re: High exchange rates of Bitcoin

Wed Oct 11, 2017 12:25 pm

the bitcoin price is mostly increasing bcz the more the people are getting aware of it the more is its demand.
Justin
Posts: 89
Joined: Tue Apr 25, 2017 5:39 am

Re: High exchange rates of Bitcoin

Wed Oct 11, 2017 12:25 pm

its prices are high because of its supply and demand ratio.
karim
Posts: 234
Joined: Wed Apr 19, 2017 7:31 am

Re: High exchange rates of Bitcoin

Wed Oct 11, 2017 12:26 pm

factors affecting its rates are population using it plus bitcoins' supply

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