Bitcoin demand is high due to many reasons and current situation demand is due to Bitcoin's familiarity among different people and different countries. The fact is, most of the people don't like banks and the way governments govern currency and this is the success of Bitcoin since the former section people who hate banks and love to use future technology adopting Bitcoin.
Too many additional funds to process transactions via bank. While with cryptocurrency we can all openly monitor. In addition, the fantastic bitcoin price increase at the end of 2017 attracts a lot of public attention. So the number of demand continues to increase.
Topic: Why is there such demand for Bitcoin? - page 2. (Read 2640 times)
I think bitcoin is well known. And its price is very high because of blockchain technology. The trend of the era is now being applied to blockchain technology a lot. Therefore, bitcoin is needed to measure the development of this technology.
People are looking to buy it for their purposes like gambling , investing, holding, trading or even for buying illegal stuffs. Cause of that variety uses of Bitcoin, the demands of Bitcoin are many is just normal things .
Which each use, it brings back a huge number of users for Bitcoin , i do belive the users of Bitcoin already surpassed 100 millions.
Which each use, it brings back a huge number of users for Bitcoin , i do belive the users of Bitcoin already surpassed 100 millions.
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.
True, limited supply of bitcoin which makes higher demand and it aill result to higher price. the supply of bitcoin is only 21miilion so it is lower compare to other coins. and also bitcoin demand is higher because it is more popular and been the bumber 1 cryptocurrency for a long time.
Supply and technology behind the Bitcoin make more positive about the Bitcoin, still, there is the huge demand for Bitcoin is kept increasing in the market. Now people are getting more awareness about the Bitcoin and even governments are showing towards the Bitcoin.
I think that such demand is because bitcoin is now very popular and everywhere one can hear only bitcoin though it decreases in growth but still it is bought.
When bitcoin start, it's known in higher value in our market. Even at this point bitcoin decreasing but still many people want to invest or join because they believe it can recover by a months or years. Many people become rich through bitcoin.
I think that such demand is because bitcoin is now very popular and everywhere one can hear only bitcoin though it decreases in growth but still it is bought.
I think its because bitcoin is incredibly famous now and more and more people are gaining interest to invest in it because they think that can make them rich real quick. It is also a sign of shifting paradigms in the world of finance, more people prefer to use bitcoin than local currency because the transaction is fast and cheap and anonymous.
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
Everyone has his own reason for earning bitcoin. How many people have so many reasons. Personally for me, bitcoin is important not only as an additional income, but as a coin he is interesting to me for studying and I really want to wait for the time when bitcoin will win cash, I hope this will happen soon and the world will change for the better. Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login
Bitcoin demand is high due to many reasons and current situation demand is due to Bitcoin's familiarity among different people and different countries. The fact is, most of the people don't like banks and the way governments govern currency and this is the success of Bitcoin since the former section people who hate banks and love to use future technology adopting Bitcoin.
Too many additional funds to process transactions via bank. While with cryptocurrency we can all openly monitor. In addition, the fantastic bitcoin price increase at the end of 2017 attracts a lot of public attention. So the number of demand continues to increase.
Your question is your answer, Why is there a request for Bitcoin? because, One dollar invested in Bitcoin in 2010 is now worth $ 58,000. One thousand dollars would be worth $ 58 million. so that more and more people are attracted to bitcoin in the hope of gaining high returns from their initial investment.
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.
True, limited supply of bitcoin which makes higher demand and it aill result to higher price. the supply of bitcoin is only 21miilion so it is lower compare to other coins. and also bitcoin demand is higher because it is more popular and been the bumber 1 cryptocurrency for a long time.
Bitcoin demand is high due to many reasons and current situation demand is due to Bitcoin's familiarity among different people and different countries. The fact is, most of the people don't like banks and the way governments govern currency and this is the success of Bitcoin since the former section people who hate banks and love to use future technology adopting Bitcoin.
Too many additional funds to process transactions via bank. While with cryptocurrency we can all openly monitor. In addition, the fantastic bitcoin price increase at the end of 2017 attracts a lot of public attention. So the number of demand continues to increase.
Are you really making profit out of it? Because we all are losing money at this moment, most of us invested when it was over $7000 - $8000, i am not sure of how you are making profit.. did you invested at $1000 or what?
People are driven crazy by such a simple opportunity to earn. And I perfectly understand it, I also invested for the same reason. And it's great that bitcoin lives up to our expectations.
Bitcoin demand is high due to many reasons and current situation demand is due to Bitcoin's familiarity among different people and different countries. The fact is, most of the people don't like banks and the way governments govern currency and this is the success of Bitcoin since the former section people who hate banks and love to use future technology adopting Bitcoin.
No doubt that a number of reasons are there for the increasing demand of bitcoin, in fact bitcoin is giving us a very good profit which make bitcoin more valuable and its demand is increasing from time to time. 
Because of people are trying to bypass the tax and 3rd party in a transaction, they choose to get paid and pay via Bitcoin.
And because it is a great tool for alt coin trading. I normally get some tax money back by paying to much for a start.
Bitcoin is most trusted and safe currency also.This is the main reason that every people loves bitcoin more and more... 
Bullshit. But it sounds great.
Every people invest there money for a very good profit.They want to invest there money in a very trusted currency for change there life.Bitcoin is the platform of this.Its price going to high and high every day.Bitcoin is most trusted and safe currency also.This is the main reason that every people loves bitcoin more and more...
People are driven crazy by such a simple opportunity to earn. And I perfectly understand it, I also invested for the same reason. And it's great that bitcoin lives up to our expectations.
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
People are only getting interested on cryptocurrency because they are all hoping for the price of bitcoins to increase even more in the future and earn profit because it was really hard to sustain our daily needs today and we need an alternative way of earning money so bitcoins is the answer to that.
The high demand on bitcoin is natural,Every Now then from facebook to twitter, there's some much advert,on bitcoin,its benefits, the convenience for transaction it's brings, it's decentralized nature, the safety of carrying your money about with easy and high return on investment, even gamblers wants it,.
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