Topic: popularity of bitcoin dictates demand, means more profit - page 2. (Read 3011 times)
That makes sense because the higher the demand of bitcoin will be, the higher the price it gets which equates to a bigger profit when you decided to sell your bitcoin too.
Last 4th quarter of last year, people were on a hype since crypto currencies then are pumped up, even bitcoin reached an overwhelming high last year. But now, it is juat a steady decrease. O think yeah popularity still places a hand on it but more importantly is the projects, what can i use my my crypto currency for.
Yeah it is right with the passage of time when more and more people come to know about cryptocurrency and bitcoin, and its importance and benefits, they will out their money in it and investment cap will increase which will cause growth in price. When price moves up investors will make big profits against their investment. All this process is natural and price will never collapse. 
Last 4th quarter of last year, people were on a hype since crypto currencies then are pumped up, even bitcoin reached an overwhelming high last year. But now, it is juat a steady decrease. O think yeah popularity still places a hand on it but more importantly is the projects, what can i use my my crypto currency for.
i think for now you can only be used as a trading, when the product hasn't been launched i don't think there is much to do. especially when it is constrained by legality, so that it is not free to use
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!
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!
Last 4th quarter of last year, people were on a hype since crypto currencies then are pumped up, even bitcoin reached an overwhelming high last year. But now, it is juat a steady decrease. O think yeah popularity still places a hand on it but more importantly is the projects, what can i use my my crypto currency for.
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.
That is a sure thing where rising popularity will be directly proportional to demand. if bitcoin is increasingly popular, of course many people will know about bitcoin and they will definitely try to use it and demand will rise. thats why I always popularized bitcoin in my area, to help spread of bitcoin
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.
Usually once demands increase the price also increase it so happen it dictates the popularity of bitcoin. The fuds spreading creates the down price of bitcoin so however, with the strong support and adoptions it creates demands of 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?
I think the one that affects the price of Bitcoin the most is the popularity of crypto all around the world. Every nation knows Bitcoin and cryptocurrency that's why when people invest in it the prices ho high and the demand will soar. But due to some FUDs circulating in every media, it stops the skyrocketing and the dumping of coins is inevitable.
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.
The greater the demand, the more bitcoin capitalization grows and, accordingly, bitcoin rises in price. The news also has an impact on the price movement. But I guess other than that the market is being manipulated because sometimes the market doesn't react to the news or starts rising or falling in price without any news.
When the capitalization of bitcoin increases, then its price increases. Accordingly, all because of the growth of investors.
Well the problem is they're aware about bitcoin but they don't want to buy it. It doesn't matter if they're aware or not they have to buy and show the evidence that bitcoin has hug demand.
The popularity of bitcoin dictates demand, more popular bitcoin can be an attraction for investors to invest in bitcoin. Demand is the key to increasing bitcoin prices, and this has a very good impact on bitcoin holders, with many market demands that will make bitcoin prices pushed to higher prices and since then many people will get a lot of profits.
It is true that when one thing popular or it's use increase the demand for that increases and it is natural that demand is directly proportional with price if demand rise the crypto market will stand for higher profits and not require days even in one day the market value can be double if demand rise.
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?
Popularity has high probability that bitcoins price will skyrocket.People truly believe in bitcoin because they already saw and read bitcoins history.People keep on looking for instant wealth and i think they see bitcoin as one of a tool that can make or fullfill everyones dreams of becoming rich.Thats is why they were confident enough in making investments in bitcoin,possibilities would be the pumping of bitcoins value in the market cap.
Definitely, this is how the principle works. Bitcoin is influenced by the principle of "supply and demand". Because of the limited supply of Bitcoin (21 million), any further increase in its demand leads to an increase in its value on the market.
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.
That is a sure thing where rising popularity will be directly proportional to demand. if bitcoin is increasingly popular, of course many people will know about bitcoin and they will definitely try to use it and demand will rise. thats why I always popularized bitcoin in my area, to help spread of bitcoin
Indeed this was one of the greatest times when bitcoin was so popular. But sadly after this bitcoin had dropped this year not in popularity though but in the price and its seems people are not anymore investing more on bitcoin as they seem to have understand how bitcoin and any other cryptocurrency as well really had an unpredictable market. Just recently I never noticed that the prices had dropped once again to the bottom.
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.
When the capitalization of bitcoin increases, then its price increases. Accordingly, all because of the growth of investors.
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?
I think the demand of bitcoin may affect the bitcoin price to increase because the bitcoin is the most popular currency. If the bitcoin increase it's demand I think the market will adjust and the bitcoin price will increase because of the demand.
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