The price of bitcoin is increasing because the demand for the bitcoin keeps increasing this is happening due to many new bitcoin investments,more people are attracted by the huge price growth of bitcoin in the recent time.So they also want to make profit by investing on bitcoin this is the only reason for price keeps increasing in bitcoin.
I hope this is just a start of bitcoin era soon the bitcoin price will hit the moon so please hold your bitcoins tightly.
Topic: Why BTC value is growing day by day ? - page 14. (Read 3647 times)
Capitalization is increasing. the amount of bitcoin kept still. More and more people know bitcoin. This is the reason for increasing bitcoin value. I think the bitcoin will be $ 20000 next year. great
Good question. bitcoin is increasing in price because capitalization is increasingly pouring into the bitcoin market. More and more people pay attention to bitcoin. the value of bitcoin is increasing. bitcoin wages are less and less
I think in general, the underline root cause is the overall cryptocurrency market is still under valued, comparing to the revolution technology.
As you can see, I'm learning ABC in crypto currencies and studying this for last 3 – 4 months, even after reading all these web pages, forums etc, still I’m having one basic question needed to clear out. I would really thankful if someone can help me with this.
We all know, BTC is making a huge growth for past few years and as a result, people start to invest / trade in BTC. With my little knowledge I assume that no one is going to use BTC / couple of Sathoshi to purchase things as they are really good to keep (HODL) as the value is going high and high. But if you think of any of fiat currency, the value of money is depending on the use of it. For example, if everybody is keeping their money (fiat) in their pocket without spending, the market will not have enough money for trading and value of the currency will not goes up. Why the same principle not applicable for BTC ?
I’ve seen lot of answers like, market will not have morethan 21M BTC and that amount will be saturated by 2140, hence there will not be any inflation etc. But what I do not understand is, if a currency is not using (in trading purpose – you buy something with that money), what is the logic behind the reason of value of the money goes up ?
Because the supply of bitcoin is only limited for 21million so we need to ecpect that the high demand will caused that tge price will going to rise more and more and maybe theres a lot of reach people investing here in bitcoin everyday. We all know, BTC is making a huge growth for past few years and as a result, people start to invest / trade in BTC. With my little knowledge I assume that no one is going to use BTC / couple of Sathoshi to purchase things as they are really good to keep (HODL) as the value is going high and high. But if you think of any of fiat currency, the value of money is depending on the use of it. For example, if everybody is keeping their money (fiat) in their pocket without spending, the market will not have enough money for trading and value of the currency will not goes up. Why the same principle not applicable for BTC ?
I’ve seen lot of answers like, market will not have morethan 21M BTC and that amount will be saturated by 2140, hence there will not be any inflation etc. But what I do not understand is, if a currency is not using (in trading purpose – you buy something with that money), what is the logic behind the reason of value of the money goes up ?
I think why Bitcoin's price is growing now, as miners are growing in the world. And if BTC miners are growing, of course the Bitcoin supply also decreases, which is why BTC's value is steadily rising because of its strong demand.
Bitcoin is pumping because many people now know on its value, even bigtimie time investors businessman are in it with bitcoin saying this will make grow everyday, surely soon and in bit by bit in future bitcoin will grow more and more than that we expected.
the reason is more and more people are learning crypto currency and its block chain technology. just image if all of the people in the world knows the bitcoin, then btc price will increase so much
bitcoin has a capped quantity of 21 million less 4 million for missing btc. 17 million bitcoin
as of now there is 7.6 billion people in the world. just image that.
bitcoin has a capped quantity of 21 million less 4 million for missing btc. 17 million bitcoin
as of now there is 7.6 billion people in the world. just image that.
I think the high demand can increase the price of that thing like in the past the people were not known to it and computers then after that the demand rise and the people were willing to purchase on high price but if we look at the current market it’s prices are going down and the people preferences changed with time. The bitcoin is crypto currency a new currency system to the world now the people are loving to purchase and use this currency.
As you can see, I'm learning ABC in crypto currencies and studying this for last 3 – 4 months, even after reading all these web pages, forums etc, still I’m having one basic question needed to clear out. I would really thankful if someone can help me with this.
We all know, BTC is making a huge growth for past few years and as a result, people start to invest / trade in BTC. With my little knowledge I assume that no one is going to use BTC / couple of Sathoshi to purchase things as they are really good to keep (HODL) as the value is going high and high. But if you think of any of fiat currency, the value of money is depending on the use of it. For example, if everybody is keeping their money (fiat) in their pocket without spending, the market will not have enough money for trading and value of the currency will not goes up. Why the same principle not applicable for BTC ?
I’ve seen lot of answers like, market will not have morethan 21M BTC and that amount will be saturated by 2140, hence there will not be any inflation etc. But what I do not understand is, if a currency is not using (in trading purpose – you buy something with that money), what is the logic behind the reason of value of the money goes up ?
We all know, BTC is making a huge growth for past few years and as a result, people start to invest / trade in BTC. With my little knowledge I assume that no one is going to use BTC / couple of Sathoshi to purchase things as they are really good to keep (HODL) as the value is going high and high. But if you think of any of fiat currency, the value of money is depending on the use of it. For example, if everybody is keeping their money (fiat) in their pocket without spending, the market will not have enough money for trading and value of the currency will not goes up. Why the same principle not applicable for BTC ?
I’ve seen lot of answers like, market will not have morethan 21M BTC and that amount will be saturated by 2140, hence there will not be any inflation etc. But what I do not understand is, if a currency is not using (in trading purpose – you buy something with that money), what is the logic behind the reason of value of the money goes up ?
Hi there rameshEl! Yes you are right with the attitude of people hoarding bitcoin make the bitcoin price in the market goes up. We can't compare it to the local fiat because the local currency is used or circulated million times in a day compare bitcoin which is mostly used for trading rather than purchasing goods or services. Another factor is the limitation of the blocks or coins that could be generated, unlike local fiat where people don't even bother to know the limit because the government could produce more given the act that their value could go down. And lastly, I think the more demand people want to obtain the coins the more little the could about to get could be the significant factor that contributes to the price.
Most of the people in this thread did not read your post. You are asking a very good question and people is not giving the answer to that question. The Thread heading is not pointing to your question. OP, to answer your real question, Bitcoin is still in demand, even if it is a store of value, because people trade with it and some still use it as a currency.
A lot of people use it, because it is a much cheaper method to transfer wealth from one country to the next. There will always be some people who will be using it, not as a store of value, but rather as a currency. ^smile^
A lot of people use it, because it is a much cheaper method to transfer wealth from one country to the next.
So do you think the ever-rising Bitcoin price remains a mystery? I myself also still confused why the price of Bitcoin can increase sharply and become very expensive. Perhaps because of the blockchain that continues to be mined so that the fewer days become less. Maybe also because Bitcoin is needed by many people for various purposes so many people are looking for Bitcoin. Perhaps also, there are some people who deliberately save Bitcoin with a long time so that Bitcoin prices soared. There are some people who like because they believe that Bitcoin will be the currency of the future. But there are also rich people who store their wealth in the form of Bitcoin.
The main reason is price people only interested in Bitcoin because the price of bitcoin increase fast that make many new people invest in bitcoin.
about your other ask the number of bitcoin less than 21 Million Because some users Hold bitcoins, lost wallets and die people make the number of bitcoin less than 21 Million.
about trading many use them bitcoin and hold other, POS all this make there and many bitcoins trading daily (500k BTC)
about your other ask the number of bitcoin less than 21 Million Because some users Hold bitcoins, lost wallets and die people make the number of bitcoin less than 21 Million.
about trading many use them bitcoin and hold other, POS all this make there and many bitcoins trading daily (500k BTC)
Most of the people in this thread did not read your post. You are asking a very good question and people is not giving the answer to that question. The Thread heading is not pointing to your question. OP, to answer your real question, Bitcoin is still in demand, even if it is a store of value, because people trade with it and some still use it as a currency.
A lot of people use it, because it is a much cheaper method to transfer wealth from one country to the next.
There will always be some people who will be using it, not as a store of value, but rather as a currency. ^smile^
A lot of people use it, because it is a much cheaper method to transfer wealth from one country to the next.
There will always be some people who will be using it, not as a store of value, but rather as a currency. ^smile^
A lot of reasons are responsible for the increasing price of bitcoin that sometimes one begins to worry because you cannot identify the specific reason why its really happening and this is something of concern to people with genuine interest to bitcoin other than the capitalist in my opinion.
The reasons will be largely unconnected to the continued increase in the popularity of bitcoin coupled with the series of news of development that have happened in the past that is just manifesting at this time as those are the only two reasons of course there are some observations about pump here and there though.
The reasons will be largely unconnected to the continued increase in the popularity of bitcoin coupled with the series of news of development that have happened in the past that is just manifesting at this time as those are the only two reasons of course there are some observations about pump here and there though.
Now a days Most of the company accept bitcoin Payment Possessor and most of the casino game accept bitcoin so bitcoin value is growing day by day.
More people are hearing about bitcoin and the financial press is reporting on it. Both of these increase demand for bitcoin.
this is very likely to happen, because more people will recognize bitcoin, my prediction will continue to rise in value.however, it can not easily predict it.
all we have to do now is follow the path of bitcoin values according to the current value.
The best reason here is that, bitcoin's price depends on the demand and supply thing. The higher the demand, higher price, low supply, high price.
Just think of it, bitcoin is predicted to pump to $10000 so there will be a lot of people who will be buying bitcoin and hold it in until the pump, that means the demand is increasing proportional to the price. That means that if we can see the price continuing to increase day by day, it means the demand is pretty high and a lot of money is being put down into bitcoin.
Just think of it, bitcoin is predicted to pump to $10000 so there will be a lot of people who will be buying bitcoin and hold it in until the pump, that means the demand is increasing proportional to the price. That means that if we can see the price continuing to increase day by day, it means the demand is pretty high and a lot of money is being put down into bitcoin.
You are right.The value of bitcoin increasing day by day because of the demand will be so is high.We can't predict the value of bitcoin in future.
As you can see, I'm learning ABC in crypto currencies and studying this for last 3 – 4 months, even after reading all these web pages, forums etc, still I’m having one basic question needed to clear out. I would really thankful if someone can help me with this.
We all know, BTC is making a huge growth for past few years and as a result, people start to invest / trade in BTC. With my little knowledge I assume that no one is going to use BTC / couple of Sathoshi to purchase things as they are really good to keep (HODL) as the value is going high and high. But if you think of any of fiat currency, the value of money is depending on the use of it. For example, if everybody is keeping their money (fiat) in their pocket without spending, the market will not have enough money for trading and value of the currency will not goes up. Why the same principle not applicable for BTC ?
I’ve seen lot of answers like, market will not have morethan 21M BTC and that amount will be saturated by 2140, hence there will not be any inflation etc. But what I do not understand is, if a currency is not using (in trading purpose – you buy something with that money), what is the logic behind the reason of value of the money goes up ?
We all know, BTC is making a huge growth for past few years and as a result, people start to invest / trade in BTC. With my little knowledge I assume that no one is going to use BTC / couple of Sathoshi to purchase things as they are really good to keep (HODL) as the value is going high and high. But if you think of any of fiat currency, the value of money is depending on the use of it. For example, if everybody is keeping their money (fiat) in their pocket without spending, the market will not have enough money for trading and value of the currency will not goes up. Why the same principle not applicable for BTC ?
I’ve seen lot of answers like, market will not have morethan 21M BTC and that amount will be saturated by 2140, hence there will not be any inflation etc. But what I do not understand is, if a currency is not using (in trading purpose – you buy something with that money), what is the logic behind the reason of value of the money goes up ?
Its because of the basic rule of the marketing. If higher is the demand and lesser is the supply then the value will definitely increase as the demand increase.
I’ve seen lot of answers like, market will not have morethan 21M BTC and that amount will be saturated by 2140, hence there will not be any inflation etc. But what I do not understand is, if a currency is not using (in trading purpose – you buy something with that money), what is the logic behind the reason of value of the money goes up ?
Yes bitcoin is created as a currency and intended to replace the fiat currency but as of now it is considered as an asset and people wants to have their own bitcoin because of it's potential to have a higher price. Yes bitcoin will have a high price in the future if it will replace the fiat currency we may be using satoshi to purchase in the future.
As you can see, I'm learning ABC in crypto currencies and studying this for last 3 – 4 months, even after reading all these web pages, forums etc, still I’m having one basic question needed to clear out. I would really thankful if someone can help me with this.
We all know, BTC is making a huge growth for past few years and as a result, people start to invest / trade in BTC. With my little knowledge I assume that no one is going to use BTC / couple of Sathoshi to purchase things as they are really good to keep (HODL) as the value is going high and high. But if you think of any of fiat currency, the value of money is depending on the use of it. For example, if everybody is keeping their money (fiat) in their pocket without spending, the market will not have enough money for trading and value of the currency will not goes up. Why the same principle not applicable for BTC ?
I’ve seen lot of answers like, market will not have morethan 21M BTC and that amount will be saturated by 2140, hence there will not be any inflation etc. But what I do not understand is, if a currency is not using (in trading purpose – you buy something with that money), what is the logic behind the reason of value of the money goes up ?
The growing popularity of bitcoin is attracting a lot of potential investors and investors alike. A grow in the community would mean an increase in the demand and is a factor that contributes to the increase of prices by the day. We all know, BTC is making a huge growth for past few years and as a result, people start to invest / trade in BTC. With my little knowledge I assume that no one is going to use BTC / couple of Sathoshi to purchase things as they are really good to keep (HODL) as the value is going high and high. But if you think of any of fiat currency, the value of money is depending on the use of it. For example, if everybody is keeping their money (fiat) in their pocket without spending, the market will not have enough money for trading and value of the currency will not goes up. Why the same principle not applicable for BTC ?
I’ve seen lot of answers like, market will not have morethan 21M BTC and that amount will be saturated by 2140, hence there will not be any inflation etc. But what I do not understand is, if a currency is not using (in trading purpose – you buy something with that money), what is the logic behind the reason of value of the money goes up ?
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