Topic: Why BTC value is growing day by day ? - page 7. (Read 3664 times)
the reason behind the growth of price is the more peoples are now demanding Bitcoin more peoples are now investing and holding Bitcoin as long as people demands for more Bitcoins its price will grow more and more
Because people are more interested in bitcoin. The commercialization of bitcoin is increasing, and the number of bitcoins responding to the market is decreasing, which is why incremental bitcoin
Simple supply and demand. Supply is limited, demand is growing exponentially as more and more people want to get in on the action!
The reason behind why the value of bitcoin grows day by day is they execute a excellent performance in the public market;
where in many demands they receive which pull the price going up. It is a wonderful outcome because it is proof of their excellence.
where in many demands they receive which pull the price going up. It is a wonderful outcome because it is proof of their excellence.
Is Ethereum going to grow as big as Bitcoin by 2022? 
Who knows... At the moment I don't see this happening but ETH will be big and hard for sure.
BTC value is growing day by day because of its popularity a lot of people get interested and realizing the true potential of this amazing coin which will help it continue to grow on a regular basis.
In my opinion, the most logical answer would be to think that this is due solely to a speculative wave, however I believe that basically bitcoin is really taking its rightful place as the digital gold that corresponds to such a revolutionary innovation as the blockchain, which in itself deserves the success that the market is now giving it.
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 ?
One thing that i know is because is because the value of bitcoin is rapidly increaaing just in 1 year? From1k dollars to 11k dollars and it increasing more maybe because the bitcoin is become more popular in the future because this is profitable. 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 ?
Truly you are ideal with the state of mind of individuals storing bitcoin make the bitcoin cost in the market goes up. We can't contrast it with the local fiat on the grounds that the money are utilized or flowed million times in a day think about bitcoin which is for the most used for exchanging instead of acquiring products or services. Another factor is the limitation of coins that could be created, not at all like local fiat where individuals don't much try to know the utmost. I think the more demand people want to obtain the coins the more little the could about to get could be the major factor that contribute to the price.
Day by day people are getting more interested on Bitcoin and want to buy and hold bitcoins with just a simple thought of becoming rich. With peoples interest the demand of bitcoin is also going up so as demand goes up and supply is the same or starts decreasing the price of any commodity starts to increase same is happening with bitcoins!
The increase of bitcoin demand is rising everyday due to the massive increase of incoming investors. This is the result from continuously spreading cryptocurrency worldwide and it could be more and more will get in. This incredible growth rate of bitcoin may affect some other forms of investment, may cause from slowing it down as many investors will jump into bitcoin. With that, company owners will start getting hated crypto as cause from decreasing their income.
Day by day people are getting more interested on Bitcoin and want to buy and hold bitcoins with just a simple thought of becoming rich. With peoples interest the demand of bitcoin is also going up so as demand goes up and supply is the same or starts decreasing the price of any commodity starts to increase same is happening with bitcoins!
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 u /quote
Bitcoin is increasing day by day maybe because they are preparing for the cashless society. That there will be no cash anymore. That in the future bitcoin will be our currency.Maybe all payments, even groceries bitcoin will be used. So that all transactions will become quick.
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 u /quote
Bitcoin is increasing day by day maybe because they are preparing for the cashless society. That there will be no cash anymore. That in the future bitcoin will be our currency.Maybe all payments, even groceries bitcoin will be used. So that all transactions will become quick.
As people get aware of the financal benefits,the demand increases leading to increase in value of the coins!
Because the knowledge and information about bitcoin is spreading all over the country everyday, and theres no doubt how far the bitcoin now is and how fast it grow. People easilly gets attract to this when they know how btc benefits them and what can btc gives to them.
It is pumping nowadays, I do not believe that this last movement after the fork can be sustainable, at the end this must be realise at some level. Waiting for the new comers.
After all these forks bitcoin is still going up. nobody expected it to rise to this $10,000 level this year.
so your guess didn't work. there's no coming down for bitcoin.
Day by day more people come to join BTC community because BTC is the most tried and tested cryptocurrency as of now and maybe because bitcoin is always the crypto that receives media attention.For this reason BTC value is growing day by day thats i think
I think bitcoin became the most popular cryptocurrency because it was the first ever cryptocurrency to be established and the others were just inspired by this establishment of bitcoin. Also when entering into the cryptocurrency world, the first you will encounter will be bitcoin. It is already used in worldwide transactions and plays many functions that makes it more popular into the society especially to the people
The reason why BTC value is growing day by day is because of it going mainstream now. Also, there are more and more investors who have already realized and seen the true value of bitcoin when the price hit $10k level. There are also favorable news all over social media which could greatly affect the price of bitcoin to move up and down in the next coming months. Just accumulate more now and stick to your goal and don't be too greedy when it comes to investment,
The value of the bitcoin is growing day by day because of its high value in the market, people take high interest in such a currency that give high benefit to them and bitcoin has the quality to make money for them. Also it has a high rising rate in value which also attract the people towards it.
I think why bitcoin value is growing day by day it is because the growing community of people who get interested in bitcoin also it because of its popularity. Higher value of bitcoin attract to many people especially to those people who needs to have money, so they see the opportunity to bitcoin and get interested.The trend is upper favorable and this makes the price go up eventually without loss. This is not normal and correction waves will come probably, it seems. The result will be still satisfying for bitcoin holders.
The value of the bitcoin is growing day by day because of its high value in the market, people take high interest in such a currency that give high benefit to them and bitcoin has the quality to make money for them. Also it has a high rising rate in value which also attract the people towards it.
I think why bitcoin value is growing day by day it is because the growing community of people who get interested in bitcoin also it because of its popularity. Higher value of bitcoin attract to many people especially to those people who needs to have money, so they see the opportunity to bitcoin and get interested. Jump to: