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Why is bitcoin so expensive?

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Bitcoin is so expensive, in my opinion, because so many people are buying it. The more customers who buy it, the higher the price would be. However, there are a large number of miners. That, I believe, is why the price of bitcoin is so high.

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You are absolutely right. There are a lot of people that are using this coin daily so there is a lot of supply and demand. And the fixed number of bitcoin is helping to keep bitcoin value so high.

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Bitcoin is very expensive and its price is high, even if it is low, it remains popular, due to the great popularity that it has obtained in recent years, and if we are a little patient, we will see a great development and a noticeable rise in the price of bitcoin.

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