To be known for bitcoin may cause an increase on its demand and investment. But it is only a possibility. What if they don't want to buy it. Bitcoin must be attractive for buyers and investors. For this, we need to see some improvements like recognition of bitcoin as a payment method by big online sellers.
This still goes down to the significance of Bitcoin popularity. It is out of effective awareness creation that Bitcoin can become familiar and popular to the people. Through this, the beneficial concepts will be conveyed to the people and the business owners among them will integrate it into their payment systems whereas the investors will buy and hold for more profit.
Topic: popularity of bitcoin dictates demand, means more profit (Read 3011 times)
To be known for bitcoin may cause an increase on its demand and investment. But it is only a possibility. What if they don't want to buy it. Bitcoin must be attractive for buyers and investors. For this, we need to see some improvements like recognition of bitcoin as a payment method by big online sellers.
This still goes down to the significance of Bitcoin popularity. It is out of effective awareness creation that Bitcoin can become familiar and popular to the people. Through this, the beneficial concepts will be conveyed to the people and the business owners among them will integrate it into their payment systems whereas the investors will buy and hold for more profit. in my opinion, this is what happening right now as the trend of bitcoin price has been sky rocketing. what do you think affects the price increase of bitcoin today?
the increase in bitcoin is the same as other items, where demand is more than the available inventory, so prices will increase automatically, but the increase in bitcoin is usually caused by positive sentiments that occur in society and news that can greatly affect the value of bitcoin, so price increases are usually strongly influenced by the economic conditions of major countries in the world.
Basically I agree about what you are trying to mention and in addition, If we say popularity of bitcoin dictates demand and more profit is right then there are more possibilities of more profit and it dictates demand in a way they can hear or they can witness the high value of bitcoin which someone have more profit because the more possibilities means more chances and ways to get it profitable and more project will introduce which can create or give extra profit to all in the future.
Yes, bitcoin price is determined by peoples to demand on it. The more people are interested and want bitcoin, the higher the price it gets. Whales are also one of the reasons why bitcoin's price rises or falls drastically.
in my opinion, this is what happening right now as the trend of bitcoin price has been sky rocketing. what do you think affects the price increase of bitcoin today?
On the one hand, demand is dictated by market manipulation. On the other hand, the development of the infrastructure of payments using bitcoin. Nowadays, there is less and less manipulation, so the development of infrastructure most likely prevails in this situation.
Yes the more the demand the higher the price.That is what my opinion is.And as for now I cannot buy bitcoin for it value.As of now it is so high.I am afraid that it would easily go down too.
The demand for bitcoin really leads to higher prices for it and means more profits to its investors. However, bitcoin is not a magic wand. According to the laws of the market, if someone makes a profit, another for the same amount should lose it. Bitcoin does not create material values, with its help material values are only redistributed. That is why Bitcoin will not be able to constantly grow in value. There will surely be a period of stabilization of its price, if this concept is generally applicable to Bitcoin, because it will never be stable in price. 
when bitcoin demand becomes very high and demand for bitcoin increases, the supply of bitcoin will become very limited and the end will make the price of bitcoin very expensive because it is increasingly difficult to get bitcoin.
in my opinion, this is what happening right now as the trend of bitcoin price has been sky rocketing. what do you think affects the price increase of bitcoin today?
the increase in bitcoin prices I think the increase in demand or purchase of these currencies and the development of crypto currencies is very difficult to predict even the bad news can affect the development of crypto currencies with conditions and conditions like now we as investors must be smart in exploiting the opportunities we get
Yes because if it is in demand then transactions are also in demand.
Popularity has an influence on the price because as it becomes more popular, new investors join the Bitcoin community. Eventually, the demand of Bitcoin on the market increases which comes with an increase in value and price of Bitcoin on the market.
Demand is a core requirement that enhance the price of Bitcoin, I hope there will be an increase with online transaction using Bitcoin as a means of exchange, with this in place you can be sure to have a regular, demand and ultimately price increase.
If bitcoin mass adoption happen, i am believe it will increasing confident in cryptocurrency market. Bitcoin already getting more popular and if government issuing regulation about payment using bitcoin or cryptocurrency, i am believe its make bitcoin price rising.
Yes i do agree that popularity of bitcoin dictates demand and it means profit. The more demands the higher the value of coins.
For sure if more people will invest in bitcoin so the price of bitcoin will be high, as we know demand and supply of bitcoin is directly proportional to the price of bitcoin, in whole market when people start investing so the price of bitcoin gets high and most of time we see the price graph rising in this time period, for me best time to buy is red and to sell it green, so the more we buy the more market will turn the color green. in my opinion, this is what happening right now as the trend of bitcoin price has been sky rocketing. what do you think affects the price increase of bitcoin today?
This was before but now even Bitcoin become more famous everyday but still the market was affected by bearish trend in which the real demand of Bitcoin is getting low everyday therefore i think not only by popularity that make the price increases before but this is due to regulation in which both illegal and legal people could hide their money in the Crypto market before.
The popularity of certain thing or technology will means a good future, this what happens to bitcoin because of its popularity in the cryptoworld it cam dictates a high demand because there are many investors who are interested to invest in this kind of technology , so if there are many business then there will be much gain and profits in the end of this investments.
To be known for bitcoin may cause an increase on its demand and investment. But it is only a possibility. What if they don't want to buy it. Bitcoin must be attractive for buyers and investors. For this, we need to see some improvements like recognition of bitcoin as a payment method by big online sellers.
More people involve in bitcoin dictates demand. If Popularity of bitcoin continues it also a sign that it will increase the price of bitcoin. The more people involve in bitcoin the big reason to increase its value thats why investor invest in bitcoin because they know btc has a future.
Some people are using bitcoin nowadays, I think by this the demand is growing no doubt that Bitcoin will soon be used around the world, the higher the demand the more profit it will take, hopefully, some schools are teaching crypto currency for their class for the young generations can have a knowledge of the opportunities that the crypto currency system can offer.Well just take for example what happened during bitcoin's run last year. The more people are hearing about the pump, the more investors coming in thus the price surged crazily. These are people who both know what they're doing and those that are just jumping on the hype.
Popularization is only the first step, and the price of anything is affected by the relationship between supply and demand!
The price of BTC is also affected by the relationship between supply and demand. If it needs more than supply, btc will rise! On the contrary, it will fall and meet the laws of economics!
I try to tell as many people as I can in my locality, so that more and more people get awareness about cryptocurrency. When they realize the importance of bitcoin they will come to invest their money in it and thus the investment cap will increase. When bitcoin become popular among people the use of it will also increase and when people us it, it will circulate in the market and thus investors will be able to make good profits The price of BTC is also affected by the relationship between supply and demand. If it needs more than supply, btc will rise! On the contrary, it will fall and meet the laws of economics!
More people involve in bitcoin dictates demand. If Popularity of bitcoin continues it also a sign that it will increase the price of bitcoin. The more people involve in bitcoin the big reason to increase its value thats why investor invest in bitcoin because they know btc has a future.
Some people are using bitcoin nowadays, I think by this the demand is growing no doubt that Bitcoin will soon be used around the world, the higher the demand the more profit it will take, hopefully, some schools are teaching crypto currency for their class for the young generations can have a knowledge of the opportunities that the crypto currency system can offer.
Yes i do agree that popularity of bitcoin dictates demand and it means profit. The more demands the higher the value of coins.
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