Topic: Why is there such demand for Bitcoin? - page 13. (Read 2640 times)
Bitcoin is the most valuable currency then other all altcoins and it's only not for price .you will see when a new coin listing in on exchange they must accept bitcoin to exchange.On the other hand people are knowing that it's accepted where and where.
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 reason why there is so much demand for bitcoin is there are only 16.7 million in circulations worldwide. how can 16 million bitcoin satisfy the demand of the world? Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login
The reason for the increase in demand for bitkoyn and the growth of its cost is covered practically only in the speculative aspirations of people to earn on raising its price. Bitcoin was the first crypto currency and therefore became widely known and popular. As soon as it began to rise in price, many began to invest in it, hoping to get their share of profits. This led to an increase in demand for it and, as a result, another increase in its price. So bitkoyn and grew in value.
Bitcoin is providing a good source of income for people around the world and that’s whys people want to join bitcoin some of the people have changed their life just because of bitcoin and some of them are struggling to change its life bitcoin is very safe and sound for investment you can invest here even rich and billionaires are also investing here so that’s why everyone are crazy about bitcoin to join bitcoin is all in one so join it for your future.In my opinion, the reason why is there such demand for bitcoin it’s because the community of it is rising. If the population of bitcoin becomes sizeable, and some users want to trade their money through bitcoin. The demand for it will increase, so if the need for bitcoin increase the volume of its quantity will rise when the price gets higher, and higher many people are willing to try and obtain bitcoin, therefore the community of it will grow.
Bitcoin is the leading crypto all over the world although there are more than 1000 cryptocurrency in the market. People are investing in bitcoin because the profit ratio of bitcoin is far better than any other digital currency. Everyone in this world wants more and more money in less time and that’s why bitcoin is the first choice of almost all the investors of cryptocurrency.
It's actually simple why many people pursue btc it is because of it's higher value which is rapidly increasing over a year and as for now the value of converted btc is almost a million.Although it has different concept about selling goods and services because when it comes to this the higher the value will mostlikely lowered the number of the demand in a certain product unlike btc the higher the price is also increase the demand.Maybe because btc is not a form of goods and services that could be found everywhere
Because many people want to invest in bitcoin just like the others and they know that it is not too late to invest. They prefer to invest earlier and it causes the demand to increase.
Exactly, the only thing which is resulting in this much huge demand of bitcoin all over the world is due to the endless advantages which you can have by having bitcoin in your wallet. Bitcoin is making a very good name all over the world especially in the international market. Moreover, the increasing market value of bitcoin is also helping bitcoin in having more money and is encouraging the people to come and invest in bitcoin.
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
Because of its increasing value which gives an impression of high earnings if we chose to invest in it. But the word impression is no longer valid at this point since many has already experienced the rewards of Bitcoin. And so more and more are trying to join in to get a taste of that reward. Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login
Bitcoin is wide spreading now due to social media campaigns of crypto currencies and bitcoin is the leader of this market so its popularity is growing rapidly. This coin already made many millionaires and many billionaires so everyone want to buy it.
One of the reasons is that more are becoming aware of bitcoin and the earnings that many are getting from bitcoin.
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
Because there are so many stories on social media where they say bitcoin gives them free money or whatever. But the biggest due is that the price of bitcoin is high Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login
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
I think more and more people are finding out about bitcoin. Perhaps one of the greatest influence that affects people's awareness is social media. A lot of people are finding out how bitcoin works and feel the necessity of investing or getting involve in any bitcoin activities. This may be the reason why bitcoin's demand is increasing.
The reason for the increase in demand for bitkoyn and the growth of its cost is covered practically only in the speculative aspirations of people to earn on raising its price. Bitcoin was the first crypto currency and therefore became widely known and popular. As soon as it began to rise in price, many began to invest in it, hoping to get their share of profits. This led to an increase in demand for it and, as a result, another increase in its price. So bitkoyn and grew in value.
Bitcoin is providing a good source of income for people around the world and that’s whys people want to join bitcoin some of the people have changed their life just because of bitcoin and some of them are struggling to change its life bitcoin is very safe and sound for investment you can invest here even rich and billionaires are also investing here so that’s why everyone are crazy about bitcoin to join bitcoin is all in one so join it for your future. 
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.
Best explanation, I found my answer too here
Less and less coins are mined time by time, and world population keeps increasing which obviously outnumber coins produced as from statistic perspective alone
Other than that, bitcoin is the new gold now aside from its volatility, it gives a lot better return than real gold
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
Maybe thatbis because of the high increase on its msrket value. It attracts the interest of the investors and many people to invest into Bitcoin because profit is assured. Bitcoin is profitable as an investment and is benefitial as a currency so I think it is not surprising for Bitcoin to be in demand. Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login
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
The circulating supply of Bitcoin is fixed. It will not grow large in number even if the demand will turn two times or three times fold. That is the reason why the value of Bitcoin will definitely grow very high. While the demand is rising very quickly, the supply is nailed to a certain amount. If the supply will increase as the demand increases then the value of Bitcoin will not be this big.
Because the bitcoin is a very secure coin and it will not leak any information about the transaction so the bitcoin has more demand
because bitcoin give us new way to think about bitcoin and investment "Sending safety without bank account".
also all use same coins make bitcoin have some demand.
also all use same coins make bitcoin have some demand.
The demand for bitcoin is reflected in the demand for anonymous transactions. Under such demand, the rise in bitcoin is also predictable. This crazy rise can also reflect the crazy demand for anonymous transactions.
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
Because its value is getting higher and higher. And maybe within more years it could value way more higher.
The demand may be growing now, but people will get tired of waiting for their transactions to get confirmed for over 24 hours.
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