it really is going to be getting more and more bitcoin demand now and it will be more expensive also the price and it can not be avoided anymore
so it will continue to increase and increase so it's better to have bitcoin now even though only one fruit but later it will multiply from now
Topic: Why is there such demand for Bitcoin? - page 14. (Read 2640 times)
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
it is simply because Bitcoin has gain popularity on the last few years and people wanted to invest on it. There is fix amount of BTC in the network with increasing investors hence, a demand.
I bet a huge portion of this 'demand' comes from a horde of newbies just thinking how rich they will become if they buy Bitcoin now.
It's highly probable since Bitcoin is all over the news and I'm sure a lot of people are willing to take the chancce. I'm saying it's not wrong.
I bet a huge portion of this 'demand' comes from a horde of newbies just thinking how rich they will become if they buy Bitcoin now.
The demand is increasing because everyone is attracted to its value today and the best time to invest is wait for it till the value decrease again because today the bitcoins is in the moon so we should wait for it to decrease its price and invest again.
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
Demand for it is really very large, and in connection with the reduction of mining of bitcoins becomes even more valuable. But basically the price, people think that they can very easily make big money, but in fact everything goes wrong. But this is a new type of business, a field for investors.Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login
The increasing price of bitcoin is the main reason for the huge demand of Bitcoin.At least I think so.But only one reason can't make a huge demand.Actually there are a number of reasons.One of them is to get rid of the rules and regulations of the banks.The banks keep more fees for transactions than bitcoin transaction system.People can get rid of the game of third parties. Bitcoin is a digital currency. A digital currency is obviously better than paper money which will get wet and spoiled in the touch of water.
So,people are becoming more interested in bitcoin and it's demand is going higher.
So,people are becoming more interested in bitcoin and it's demand is going higher.
Bitcoin prices are increasing at a rate that people are more prone to Bitcoin. People keep money in the bank with some profits. And now BITKEN is getting more profits than the bank, so people are more risky towards Bitcoin. And besides the demand is based on the amout of users using it for transactios, since the prices has been fluctanting crazly people has been getting into crypto faster than ever.
Bitcoin is promising. It can change the future of money transactions easier and safer with the blockchain system it has.
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 the masses are finally coming into an understanding of how valueless and arbitrary our paper system currency is and Bitcoin is the only crypto they have ever heard of.
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.
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 demand is based on the amout of users using it for transactios, since the prices has been fluctanting crazly people has been getting into crypto faster than ever.
This is very understandable when bitcoin has many applications that big investors love when it is very good security and transaction speed. People with many assets will want to keep their property in bitcoin because it is very safe and profitable. In the past few days, all the media around the world have referred to bitcoin, which has made the flow of money from other investment channels into bitcoins that keep it stable and constantly growing.
Well bitcoins are great for online transactions and investing in them can be quite profitable as it's supply is limited which will caused them to be very valuable in future which bitcoins great for long term investments.Bitcoins are far better than paypal and etc.Also that bitcoins have not reached it's potential so it's price will keep on rising which would be profitable for investors and people that is why there is such a huge demand of bitcoins in the market.
I think ICO and altcoins are growing and people love to use blockchain to create new technology(ICO) which give a big demand to bitcoin in layman's term
Bitcoin is used to buy pretty much any altcoin you want. Therefor we get a high number of transactions and a high demand for it and from here equals a high price.
Bitcoin could be transacted in stores and other places so there is a demand for it if people want to use it.
bitcoin was the first crypto currency introduced to the world and it is the top most leading currency if we compare to other and it has more demand then other crypto currency
The bitcoin demand has increased but the hype around its mining has decreased this has caused a vulnerability in the market and since the prices are declining.
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
Simple, because it's new, and it kinda makes you rich much easier and quicker. Everyone wants to adopt it in an early basis.
And it is also because people became curious about it and they really want to try if they can really earn a profit if they will try to invest in it. To those people who are already rich it is very easy for them to buy bitcoin even if the price is quite big. Unlike us who only have small money, we will always wait for the time that its price will become affordable. So that's the reason why there is such a demand for bitcoin.
The rising popularity across the globe has raised a huge demand of Bitcoin. People are rushing down to invest in this new type of currency whose values increases automatically over time. In simple words, bitcoin has offered them new investment which does not demand huge funds instead users can invest in small amounts without worrying about paper work and banks and get high returns. Hence making it favorable investment.
it's true, bitcoin offers convenient ways of earning without unnecessary anxiety - this is not enough in the modern world, so people want to be involved in this, and also to get their profitJump to: