Of course, and.. the positive value of bitcoin enhancement is evidence that bitcoin still has an increasing valuation in the eyes of the world community. The volume of bitcoin trade increases in value, this indicates the strength of bitcoin as currency and also asset.
and so bitcoin is considered to have sufficient strength to last for a long time.
Topic: popularity of bitcoin dictates demand, means more profit - page 19. (Read 3011 times)
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?
It's not just that. If what you are saying is the only reason people are buying, then we would be in the bubble many people still talk about. There is a huge hype around bitcoin, and a lot of it comes from emotions and speculation. I won't argue with that. But let's not forget that bitcoin has real practical use, so there are a lot of people buying because they know bitcoin has all the potencial to become a new store of value asset, and if you compare it to other assets on the same category, like gold, then you must agree that bitcoin price is still very small, and it has great investment potencial. This of course is still speculation, and it could go wrong. It all depends on how regulation is done, and how investors will deal with it, but I it's not just "popularity" with no actual potencial that justifies it's popularity.
As bitcoin keeps breaking new barriers of price, it is super normal more people get curious and interested to invest on it. More people buying, more volume, more profit incoming and this happens with every single active.
in my opinion, popularity means increase in value because when a certain object like for example GOLD is in demand. suppliers will have the guts to increase its value so that they could obtain more profit since even the value increases they know that it will still be in demand and consumers will buy it regardless of its value increase.
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?
Mostly speculation. People are buying bitcoins and expecting to make money when they sell at a higher price.
the point are indeed the popularity push the demands , it could keep growing for at least in the next few weeks.
Also,CME entering bitcoin market has made thousands of new accounts got created in coinbase.It means more demand for bitcoin.This effect may continue more for even one month or more.
If any new developments occur at that time,bullish trend may even continue for even more months.
In short,we could say that there is more probability for bitcoin demand to increase here after.
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?
There's no simpler way to explain it. The more bitcoin rises in value, the more people will get interested and invest. It's a cycle. When there's bulk selling, then the price goes down and then people will buy in again raising the value once more
Therefore the value could just increase and just imagine if 100 million people using bitcoin, and everyone want to hold bitcoin as much as possible.
1. The demand and supply rule
2. The popularity
3. High gains over time
4. Adoption of bitcoins in most countries
5. Hard forks
6. Tremendous growth
7. Possibilities of earning part time
8. Easy to use with little or no documentation
9. Future investors like CME bringing the crowd in
10. The limited blocks bitcoins posses that can literally increase the price thus people are holding for the moment when it reaches millions.
2. The popularity
3. High gains over time
4. Adoption of bitcoins in most countries
5. Hard forks
6. Tremendous growth
7. Possibilities of earning part time
8. Easy to use with little or no documentation
9. Future investors like CME bringing the crowd in
10. The limited blocks bitcoins posses that can literally increase the price thus people are holding for the moment when it reaches millions.
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?
Mostly speculation. People are buying bitcoins and expecting to make money when they sell at a higher price.
And you have based this off of ?? What? Random guess? Lots of newbies around? The price being 10x in a year? Why would you say that without any facts to back it up? I'm in bitcoin whether the price in fiat goes up or not because I believe in it as a currency. You can't generate more bitcoin out of thin air like you can with garbage government created bullshit fiat.
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?
Mostly speculation. People are buying bitcoins and expecting to make money when they sell at a higher price.
the point are indeed the popularity push the demands , it could keep growing for at least in the next few weeks.
A lot of investors these days with the speculations going on are seeing bitcoin as a means of investment and that is all they know without even considering the risk.
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?
There's no simpler way to explain it. The more bitcoin rises in value, the more people will get interested and invest. It's a cycle. When there's bulk selling, then the price goes down and then people will buy in again raising the value once more
I agree, the higher the demand the greater the value. The circulating bitcoin in the industry is limited so the value have to ho higher as there are many people becoming curiois and interested in btc.
After bitcoin is well known crypto currency worldwide bitcoin has a large use for transaction. For me this is why bitcoin pumped
Up of today's price because of popularity, demand and the usage. Including the investor's thats more hitted the value of today's bitcoin price. With the help of this said event. It dictates the situation's between Bitcoin price.
Up of today's price because of popularity, demand and the usage. Including the investor's thats more hitted the value of today's bitcoin price. With the help of this said event. It dictates the situation's between Bitcoin price.
I think i should agree with that popularity dictates demand. As people gets curious, the more they wanted to know, the greater chance they get into Bitcoin world results to greater demands that leads to higher Bitcoin price which means profit to all investors.
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.
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?
Mostly speculation. People are buying bitcoins and expecting to make money when they sell at a higher price.
the point are indeed the popularity push the demands , it could keep growing for at least in the next few weeks.
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?
Mostly speculation. People are buying bitcoins and expecting to make money when they sell at a higher price.
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?
Jump to: