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Topic: Why is there such demand for Bitcoin? - page 10. (Read 2665 times)

sr. member
Activity: 364
Merit: 250
February 19, 2018, 10:32:24 AM
Why is there such demand for Bitcoin?

Because of the increase in the price of Bitcoin and because of the ease of dealing in the Bitcoin during the sale and purchase, Bitcoin currency is now better than gold and silver and directed by investors and others to buy, which led to increased demand for it and the investment Bitcoin better than any investment has seen people and there are many people who entered the door The richness because of this is what prompted the public to invest in the initiative and the circulation of digital and digital currency in general is much better than banks and the intervention of governments, in that transactions became more secret and speed.
member
Activity: 238
Merit: 10
February 19, 2018, 10:16:49 AM
The same thing is branded things, precious diamonds. They are expensive as long as there are willing to buy it. Demand creates supply. The same can be said about bitcoin.
newbie
Activity: 98
Merit: 0
February 18, 2018, 03:04:18 AM
Many have earned on it And hearing this others also want to earn so information grows and people are interested more and more.
member
Activity: 350
Merit: 10
Semi-Decentralized Exchange
February 13, 2018, 12:31:33 AM
One dollar invested in Bitcoin in 2010 is now worth $58,000. One thousand dollars would be worth $58 million. Despite more Bitcoins being mined, demand still by far outstrips supply.

Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login

That is most awaited moment if that time will come many people will rich. In my own idea the reason behind of the highest percetage of demand it is because of the needs of people. Everyone wants to earn and bitcoin will provide that needs.
:wq
copper member
Activity: 258
Merit: 49
February 13, 2018, 12:23:31 AM
I think the real value in bitcoin, and any fixed supply crypto is that its hedged against inflation. $100 for our parents went a lot further than $100 does today because of how much extra money has been printed over the years between. The beauty of bitcoin is that the amount being printed is not only limited but completely capped, therefore the investment made now is inherently worth far more in the future simply on that merit alone.

As long as the technology continues to flourish and we don't see quantum computing in the next decade, we should find this to be one of the best investment opportunities of our lifetime long term.
newbie
Activity: 31
Merit: 0
February 13, 2018, 12:19:42 AM
Bitcoin's value is so expensive. because of that value of bitcoin many peoples investing in it. Bitcoins demand coming from different types of people, investors, gamblers, peoples who want to way out of banking systems. and in these area bitcoin is better compared to fiat money.
full member
Activity: 378
Merit: 100
February 13, 2018, 12:16:04 AM
One dollar invested in Bitcoin in 2010 is now worth $58,000. One thousand dollars would be worth $58 million. Despite more Bitcoins being mined, demand still by far outstrips supply.

Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login


I think it is because of the way bitcoin had boomed and everybody wanna take a piece of the pie, since bitcoins price went up substancially, more people got curious and rushed in buying bitcoins for themselves, I think that is the main reason why bitcoin is so in demand, again, that is because bitcoins price increased so much last year. I cant blame them, it has been very shocking that bitcoin increased its value so much.
member
Activity: 269
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Decentralized Transportation Solution
February 13, 2018, 12:13:40 AM
We all know that bitcoin value was so very expensive, so in that case I think that because of that expensive value of bitcoin many people are investing with it and also many bitcoin users will use this as an advantage to create a money or profit by the investments of others. But sometimes the bitcoin users is also the investors. In conclusion High Demand for bitcoin is beacuse of its expensive value. Smiley
newbie
Activity: 168
Merit: 0
February 13, 2018, 12:01:46 AM
The demand is clearly coming from different types of people, investors, people who want a way out of the banking system, Darknet users, gamblers etc. and in these area, compared to fiat, bitcoin is much better & perfect.. Bitcoins are being mined compared to the previous years than now, otherwise what's the point from the block halving.
member
Activity: 196
Merit: 10
February 06, 2018, 04:28:58 AM
One dollar invested in Bitcoin in 2010 is now worth $58,000. One thousand dollars would be worth $58 million. Despite more Bitcoins being mined, demand still by far outstrips supply.

Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login

Bitcoin has become a scarce commodity because there is a limited supply and fewer mined each year. The original demand is built from it being a way to store funds and a way to send funds anywhere in the world without relying on a bank or government. Also the anonymity of Bitcoin attracts users that don’t want banks and governments to control their money.
from my views the such demand for bitcoin is because of the price of bitcoin which was countinously increases and also increase in the future also which attract the people towards self. Bitcoin helps the people  for online transaction and transfer of money from country to another country without involment of third person therefore the demand for bitcoin towards the people is increasing.
Well no shit that’s the entire reason it has demand, if there’s profit in anything there will be demand for it
full member
Activity: 246
Merit: 102
February 06, 2018, 04:28:23 AM
As long as anyone who understands bitcoin knows that bitcoin is worth investing, its return on investment is high and everyone wants to make money, so there is a demand for bitcoin, whereas the total number of bitcoin is fixed, and now bitcoin becomes more and more difficult to mine, most of the bitcoin has been mined and it becomes harder to mine a bitcoin, so the high bitcoin demand represents ever-higher value of bitcoin.
member
Activity: 294
Merit: 10
February 06, 2018, 04:19:18 AM
One dollar invested in Bitcoin in 2010 is now worth $58,000. One thousand dollars would be worth $58 million. Despite more Bitcoins being mined, demand still by far outstrips supply.

Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login

Simple, because it's new, and it kinda makes you rich much easier and quicker. Everyone wants to adopt it in an early basis.


This is true, because of the volatility of Bitcoin. Lots of people are now getting into Bitcoin world. Aside from it is easy to earn money, it is also very useful in terms of payment settlements such as electric bill, water bills and other online payments. That's why Bitcoin demand is getting higher.
BITCOIN sucks dick to do payments though with the apeshit fees unless you happen to use the segwit wallets
member
Activity: 119
Merit: 10
February 05, 2018, 02:24:58 AM
There is such a demand for bitcoin because it becomes the most profitable source of investment today.Bitcoin is the most secure cryptocurrency.The future of bitcoin is very much bright and so many people have already changed their present and future will bitcoin.
Well it’s worth a lot right now so no shit there’s demand for it. Less supply and good demand = good price
member
Activity: 140
Merit: 15
February 03, 2018, 01:59:35 AM
One dollar invested in Bitcoin in 2010 is now worth $58,000. One thousand dollars would be worth $58 million. Despite more Bitcoins being mined, demand still by far outstrips supply.

Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login

Simply because lot of investors have seen the big potential of Bitcoin as a promising coin for huge gaining in which they attracted more people to learned and joined the trading and investments making the Bitcoin become more popular and strong. But today Bitcoin is now in a big issue in which the market value is crashing or slow moving that the need of more people to join is necessary to make Bitcoin become more in demand so that it would become more stable and strong once again.
I think cryptocurrency and specially bitcoin is witnessing high demand due to the fact that bitcoin price is now above what speculators predicted earlier and at the same time the capacity of bitcoin to sustain it market value is another thing that has draw attention to bitcoin in the recent time. Most speculators term as a bubble but bitcoin is very effective and capable of transforming the financial system.
hero member
Activity: 966
Merit: 517
February 03, 2018, 01:58:24 AM
I'm pretty sure less bitcoins are being mined compared to the previous years, otherwise what's the point from the block halving. The demand is clearly coming from different types of people, investors, people who want a way out of the banking system, Darknet users, gamblers etc. and in these area, compared to fiat, bitcoin is much better.
Bitcoin participants have their own needs, and many think Bitcoin is the place to get the most out of virtual banknotes, but in practice, Bitcoin is being exploited by many. volume is less than in previous years, Bitcoin price on the market is also a number attractive to consumers or investors
People are really interested in investing into bitcoin because of its amazing market prices and trends. The way it increases in value after every dump is highly attractive for investors throughout the world. there is no need do anything that harms bitcoin market because in this way we are going to badly affect our own income. Those who are using bitcoin for wrong purposes are surely going to regret soon.
hero member
Activity: 910
Merit: 512
February 02, 2018, 05:35:02 AM
Miners are quite saturated with those who already benefit with rigs, this is not justified appropriately for current prices. I think what is the nature of bitcoin because it can be traded and can be exchanged with equipment, along with media that report how well the bitcoin process is and why they should join like some sort of gold mining, and soon the fairly quiet ones, with their assets here and remember the ecosystem kriptocurrency is young and unregulated.
Media is a wonderful tool for making the whole scenario best. But now a days they are just affected by businessman and political factors that don’t report truth. Like about batons, all these fusses and roamers, only media is hyping this for no reason except the owners have got some gifts from the opponents of bitcoins. This is dilemma of the time and it must be working for the right thing.
full member
Activity: 448
Merit: 100
Lets Go Adab
February 01, 2018, 12:29:45 PM
One dollar invested in Bitcoin in 2010 is now worth $58,000. One thousand dollars would be worth $58 million. Despite more Bitcoins being mined, demand still by far outstrips supply.

Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login

The demand is increasing due to the chain reaction, the value of bitcoins before back in 2013 is just $12 and no one expected that the value will increase to 15k dollar last december 2017. The main reason is the value in the market of bitcoins that's why more demand is coming on bitcoins from investors.
newbie
Activity: 81
Merit: 0
February 01, 2018, 12:28:20 PM
A lot of people are buying it because of the hype it caused, because everyone is buying, hoping to get rich someday. 
member
Activity: 176
Merit: 10
February 01, 2018, 12:21:25 PM
Limited supply: Maximum Bitcoins that can ever be generated from the software is 21 million. After that no further supplies will be there. The underlying concept is that when u have something limited, it is more valued and priced.
yes and that can be the main reason that with the passage of time bitcoin is gaining more and more value. As time more people know about bitcoin, and they increase the demand but on other side the supply is decreasing which is causing the increase in the price of bitcoin is increase. In future we can expect that the price of bitcoin will continue increasing because of the increasing demand of bitcoin.
full member
Activity: 504
Merit: 100
February 01, 2018, 12:09:00 PM
One dollar invested in Bitcoin in 2010 is now worth $58,000. One thousand dollars would be worth $58 million. Despite more Bitcoins being mined, demand still by far outstrips supply.

Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login

Simply because lot of investors have seen the big potential of Bitcoin as a promising coin for huge gaining in which they attracted more people to learned and joined the trading and investments making the Bitcoin become more popular and strong. But today Bitcoin is now in a big issue in which the market value is crashing or slow moving that the need of more people to join is necessary to make Bitcoin become more in demand so that it would become more stable and strong once again.

Yes, people understtod that they could get a very high profit just making investments and it seemed to them something very easy. many of them disappointed in this business, but the majority are still optimistic.
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