BTC Demand>BTC Supply= High Priece of BCT.

Aamir1

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Quote from: djpitagora on May 24, 2018, 11:22:54 AM

Quote from: Don Pedro Dinero on May 20, 2018, 11:57:05 PM

Supply is not a problem because there is a limit to how many bitcoins can be created and as time goes by and halving bitcoin will be more scarce. As for demand, we can't do anything on this forum to increase, apart from spreading popularity, which we already do, but the increase in demand will come as it already has because of the good quality of the product: bitcoin.

supply is exactly the problem. In order to mind a BTC you pay 2-5k $ in electricity. Why should BTC be worth more then the cost to produce it? Or let me put it this way: why should I pay 20,000$ for 1 BTC when I can mine it for 5,000$? Unless you create artificial high demand it's only worth a bit more then the costs (labor + profit)

Yeah bitcoin mining is on the move but it needs more investors to buy them. The price is so high that people are now looking here and there for low price coins because they have more potencail than bitcoin. Therefore I think the demand for bitcoin in these days is low and supply is big. But now it is time to buy bitcoin because the price is below $7500.

darewaller

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Quote from: Gotomoon on June 04, 2018, 02:20:21 AM

Quote from: ?? on ??

you are right. this demand and supply and supply game plays a very important role in the market as well as treading. Bitocoin has become a brand, it has it's own good will and own reputation. and this reputation is growing day by day and demand is also growing.

Yes demand and supply is very important in the market if the demand increase price will high. It is usually increase on the demand if their is more massive adaptions and good news spreading in the crypto. I believe this situation will change and their is growth on bitcoin.

That is the general economy rule and it applies generally to every market. From the look of things, we are experiencing a lower demand even from the charts. Sure, the traders are the ones in most situation of things in the market, but normally, the market makers who are also called the whales in a way reacts to how the market is generally perceived in the outside world and how demand or supply is kicking in and this is how it tells on the market in general.

Ngemmeng

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by holding bitcoin and not selling it cheaply. when we hold bitcoin then bitcoin will become increasingly rare and bitcoin prices may increase.

Gotomoon

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Quote from: ?? on ??

you are right. this demand and supply and supply game plays a very important role in the market as well as treading. Bitocoin has become a brand, it has it's own good will and own reputation. and this reputation is growing day by day and demand is also growing.

Yes demand and supply is very important in the market if the demand increase price will high. It is usually increase on the demand if their is more massive adaptions and good news spreading in the crypto. I believe this situation will change and their is growth on bitcoin.

imstillthebest

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Quote from: ?? on ??

you are right. this demand and supply and supply game plays a very important role in the market as well as treading. Bitocoin has become a brand, it has it's own good will and own reputation. and this reputation is growing day by day and demand is also growing.

Quote from: elemosho.crypto on May 20, 2018, 11:10:27 AM

. Is there any way to increase the demand of bitcoin in the current market situation that would uplift the price if Bitcoin?

The only way to do it is to spread awareness to the public. You can help promote bitcoin to your city or country and also in other forms of advertising so that many people can enter bitcoin which can result for a high demand .

DeathAngel

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Quote from: elemosho.crypto on May 20, 2018, 11:10:27 AM

I believe price depends on demand and supply . The more demand with low supply results more higher price and vice versa. Is there any way to increase the demand of bitcoin in the current market situation that would uplift the price if Bitcoin?

Sure hence why we seem to always get a dramatic increase in price after each boock reward halving. There are other variables in play though that determine price, naturally.

Welhell

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Quote from: elemosho.crypto on May 20, 2018, 11:10:27 AM

I believe price depends on demand and supply . The more demand with low supply results more higher price and vice versa. Is there any way to increase the demand of bitcoin in the current market situation that would uplift the price if Bitcoin?

Certainly true. The price only depend on buying-selling and if demand will increased that means price will go up. In the end of 2017 price of Bitcoin went up and i think of this situation will repeat, we can see what we want.

winterland

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Quote from: BTCappu on May 29, 2018, 02:01:02 AM

Quote from: winterland on May 25, 2018, 10:22:35 PM

Quote from: elemosho.crypto on May 20, 2018, 11:10:27 AM

I believe price depends on demand and supply . The more demand with low supply results more higher price and vice versa. Is there any way to increase the demand of bitcoin in the current market situation that would uplift the price if Bitcoin?

There is no way to artificially increase the demand and even if you could do that the increase will be artificial and it will not last, there are two ways to make the price of bitcoin higher, one way is to reduce the circulating supply and that can be very easy people need to hold their coins and the second way is for the demand to go up but for that we need a big development happening in bitcoin.

This concept of artificial demand is very ridiculous and it is not going to help bitcoin much in increasing in prices. Bitcoin needs increase in demand and it appears to me the most appropriate method of helping bitcoin for achieving unbelievable prices. The more demand will automatically lead to increase in the value and less supply is going to make bitcoin rare commodity eventually increasing the price.

Well, that is my point artificial demand cannot solve anything and in fact this is something that governments do all the time, when there is an economy crisis governments try to generate artificial demand for jobs by creating public works but as we know this does not work because eventually the government runs out of money and then begins to print it with the inflationary consequences this brings.

BitcoinNewbie15

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Quote from: richardsNY on May 21, 2018, 02:26:15 PM

Quote from: Febo on May 21, 2018, 01:30:52 PM

The biggest demand for Bitcoin right now is store of value. Growth of price makes it raise even higher. Price will rise much higher when countries will start buying in.

Are you referring that governments will start to acquire Bitcoin just like they do so with gold to increase their reserves? Theoretically this could be possible, but there is no way for us to find out until they publicly announce that. Japanese authorities technically hold +100,000 BTC from MtGox, and Bulgarian authorities have said to own around 200,000 BTC, which I personally find very questionable.

Yeah, I too am unsure about Japan or Bulgaria hoarding BTC. I have heard that North Korea is accumulating BTC, but again, not sure of the validity of that. If governments do start to accumulate Bitcoin to increase their reserves, then the price will definitely reflect that. If more people adopt the ideology of BTC being a store of value (already has great store of value properties) then governments will for sure start to accumulate BTC. Just a matter of time I guess.

chainedblocks

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Quote from: AlisaWhishie on May 25, 2018, 02:37:15 PM

Quote from: Javi_Anibarro on May 20, 2018, 08:43:00 PM

-snip-
also how to raise the demand ?
of course by increasing their awareness about Bitcoin and its usability for life.
people will realize that it'll be their future because they need something to help them improve their financial system to catch up to their technology.

We see now that BTC is really awful as a payment tool due to the low transaction speed compared to Visa/MasterCard. So I don't see that we will see the mass adoption of BTC, though it can happen with other cryptocurrency (but still I don't think it will be any of ERC-20 tokens, as they have almost the same problems with transaction speed/throughput). That's why I'm now watching the developing of 3rd-gen blockchain, hope it can make the things better.

There are some problems still exists and the controllers should think about it. Many people object about slow transaction speed. When somebody wants to buy to sell or withdraw his bitcoin, he needs quick service and when transactions take time he became angry and want to quit from bitcoin world. Price volatility is also another problem.

mcmge

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I think that the demand now is great, because the price is low. Offer is not big, because most hold. Still, it makes rates go down and not the opposite.

BTCappu

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Quote from: winterland on May 25, 2018, 10:22:35 PM

Quote from: elemosho.crypto on May 20, 2018, 11:10:27 AM

I believe price depends on demand and supply . The more demand with low supply results more higher price and vice versa. Is there any way to increase the demand of bitcoin in the current market situation that would uplift the price if Bitcoin?

There is no way to artificially increase the demand and even if you could do that the increase will be artificial and it will not last, there are two ways to make the price of bitcoin higher, one way is to reduce the circulating supply and that can be very easy people need to hold their coins and the second way is for the demand to go up but for that we need a big development happening in bitcoin.

This concept of artificial demand is very ridiculous and it is not going to help bitcoin much in increasing in prices. Bitcoin needs increase in demand and it appears to me the most appropriate method of helping bitcoin for achieving unbelievable prices. The more demand will automatically lead to increase in the value and less supply is going to make bitcoin rare commodity eventually increasing the price.

winterland

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Quote from: elemosho.crypto on May 20, 2018, 11:10:27 AM

I believe price depends on demand and supply . The more demand with low supply results more higher price and vice versa. Is there any way to increase the demand of bitcoin in the current market situation that would uplift the price if Bitcoin?

There is no way to artificially increase the demand and even if you could do that the increase will be artificial and it will not last, there are two ways to make the price of bitcoin higher, one way is to reduce the circulating supply and that can be very easy people need to hold their coins and the second way is for the demand to go up but for that we need a big development happening in bitcoin.

AlisaWhishie

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Quote from: Javi_Anibarro on May 20, 2018, 08:43:00 PM

-snip-
also how to raise the demand ?
of course by increasing their awareness about Bitcoin and its usability for life.
people will realize that it'll be their future because they need something to help them improve their financial system to catch up to their technology.

We see now that BTC is really awful as a payment tool due to the low transaction speed compared to Visa/MasterCard. So I don't see that we will see the mass adoption of BTC, though it can happen with other cryptocurrency (but still I don't think it will be any of ERC-20 tokens, as they have almost the same problems with transaction speed/throughput). That's why I'm now watching the developing of 3rd-gen blockchain, hope it can make the things better.

djpitagora

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Quote from: Don Pedro Dinero on May 20, 2018, 11:57:05 PM

Supply is not a problem because there is a limit to how many bitcoins can be created and as time goes by and halving bitcoin will be more scarce. As for demand, we can't do anything on this forum to increase, apart from spreading popularity, which we already do, but the increase in demand will come as it already has because of the good quality of the product: bitcoin.

supply is exactly the problem. In order to mind a BTC you pay 2-5k $ in electricity. Why should BTC be worth more then the cost to produce it? Or let me put it this way: why should I pay 20,000$ for 1 BTC when I can mine it for 5,000$? Unless you create artificial high demand it's only worth a bit more then the costs (labor + profit)

elncrow

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Bitocin is the best crypto currency at all time because it’s future value and market price the amazing news it’s been always 1st position in the market and this position make our BTC more strong & BTC depends on Demand & Supply it’s like share market and this price may vary based on demand & supply.

bman01

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Price are depends on supply and demands. If demand are high then automatically price will be rise .peoples are using bitcoin that’s why i think its demand and price also increasing.

garybyerz

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Though the supply is fixed, but it has a huge supply. But, compared to that demand is not that much. I think positivity and motivation can increase the demands among people. There're somany frauds in the market which results loosing the demand of the market. and this is how the price decreases. Shocked

bobylee

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I agree with you. The price varies on demand and supply. If demand is more than supply the price will be high. And it will affect the market. Roll Eyes

jasydoggye

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I think you are correct. Generally cost fluctuates because of interest and supply. In the event that request raise more than supply cost will go up. The main way, I think, to expand the request I trust its utilization. The more individuals utilize btc, the more request will be produced. But the good news is that many people are getting aware of this market. Soon bit coin will have a high demand.

Topic: BTC Demand>BTC Supply= High Priece of BCT. (Read 370 times)