There are lots of us who are using bitcoin and we have different types of ways in using it,
Some of us are using it for some online transaction for our business and some are using it for gambling,
And there are those who are using it as an investment and using it to make some profit from trading in crypto currencies.
Topic: Why is there such demand for Bitcoin? - page 11. (Read 2640 times)
The more people believe in its value the higher the price if it that is where the notion of money comes from 
People are interested and will invest on something that has already proved itself. When Bitcoin reached its all time high last year, It ignited the interest of many people, investors, businessmen, regular people, etc into it. Who doesn't want big profit anyways?
many people want bitcoin today because they believe that bitcoin will increase in the future. which makes investors desperately want bitcoin because the number of bitcoin each year decreases and the price will increase.
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 will become more and more difficult to exploit, the total amount of bitcoin may be fixed, which leads to a bit of bitcoin supply. Now bitcoin can be a scarce product, but people are seeking bitcoin because bitcoin can give them extra income, I think this is probably the reason Bitcoin in short supply it. Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login
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.
There are many requirements for bitcoin for different needs. there is a need for people to have bitcoin requirements like their rules and so on, 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.
As we can see, people actually look bitcoin as investment rather than what Satoshi Nakamoto really wanted Bitcoin to be. Since people's lives have changed because of bitcoin and even have become millionaire, the demands of bitcoin rises drastically too.
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
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.
Bitcoin is in demand because of its promise to make people rich,but if you know all the obstacles in this platform coz if you dont,failure is whats waiting you
In November of last year, when bitcoin was growing in price, the demand for it was just too much. Everyone wanted to buy bitcoin and get a good profit from its price growth. Now the situation has changed dramatically. Bitcoin has become slow, with hovering transactions and large fees for their conduct. Demand for bitcoin because of this and other reasons fell and the bitcoin rate dropped to 10,000 dollars and practically stands on such a course with small fluctuations all January. It seems to me that bitcoin is deliberately lowered in price and besides it is regularly launched more negative information regarding bitcoin. And this means only one thing: bitcoin will again start to rise sharply in price again. Once the defects of bitcoin are eliminated, this is likely to happen.
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
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.
first of all bitcoin is an asset a store of value that appreciates overtime, ang scarcity because ots supply is capped of only 21m bitcoin, thats what makes it in demand nowadays
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.
Yes, we can all see bitcoin's development over the past few years, so its value leap is also normal. I believe it will be even more valuable in the coming years. 
Bitcoin now is a tresor and everyone now who need to earn money by cryptocurrency must invest in bitcoin because his price is high
Well yeah price of bitcoin is increasing more and more and yeah bitcoin demand is so high because bitcoin is now scares commodity because there is very low supply and high demand each and every year. Bitcoin demand is dependent on being a way for storing bitcoin and holding for the long time. Other thing is that anonymity of bitcoin use to attract users to use and invest in bitcoin for better future. Bitcoin is a first popular digital currency that is making headlines every day around the world. The demand for bitcoin is higher than supply because bitcoin has a limited supply which is 21 million by 2021.
I agree! Scarcity with the supply of bitcoins determine its price and the more and more people discovering bitcoins had resulted in drastic change with its value. Way back early part or 2017 I got a hold of .2 btc which I got from winning in an online gambling, back then when I cash it out it was just 9,000 Philippine Peso, but as of this time 0.2 btc is quite huge already when converted to our currency, roughly it is more or less than 100k Php.
Bitcoin now is a tresor and everyone now who need to earn money by cryptocurrency must invest in bitcoin because his price is high
I think why is there such demand in bitcoin is because of its volatality, users can play the volatality features of bitcoin to gain profit on their investment. The popularity of bitcoin is also a reason why is there such demand in bitcoin, as we noticed bitcoin is more popular now compared to the previous years.
The more people know about the features of a particular product, the more they want to invest money in it, or play on the stock exchange, besides, the distribution of electronic coins themselves influences the bitcoin rate. Now bitcoins are often advertised in the media, and this contributes to the growth of their course. But the sharp course of bitcoins depends most often on the interest of big players, who often hide behind good news, invented by themselves. That's the demand. Why not play with money? 
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 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
Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login
This is just an indication of the overflowing demand of bitcoin in the market. Bitcoin really an indemand up to now even if btc is very unstable but a lot of us still keep on believing about bitcoin.
Lol and i don't think the demand has anything to do with the features of bitcoin as a transactional medium. Its likely because of bitcoin's value as an asset that attracts people to it. And who wouldn't. The amount that bitcoin jumped to last december proves hat the higher it gets the higher the demand. Though of course what goes up must come down and with a lot of people getting stuck, there's probably less demand now
Jump to: