Why is there such demand for Bitcoin? - page 5.

futile-resistance

hero member

Activity: 840

Merit: 516

Quote from: juiceannabel on March 05, 2018, 10:31:50 PM

because bitcoin is the first cryptocurrency that was created in the world.
bitcoin demands increasing because bitcoin popularity.

It benefits people, simple is this? There might have been some other reasons in history that shows a classic trend of population towards bitcoins. But still what I think is the most important and vital reason for such popularity of bitcoins is one. And that is it gives a lot of chances to people to live out. Much high rate of percentages and such monumental results at the end of such short time spans.

sparrowtins5

newbie

Activity: 27

Merit: 0

Everyday many people join btcs even some

Gandam23

full member

Activity: 424

Merit: 108

Quote from: cutiecez05 on March 06, 2018, 08:58:40 AM

There is too much demand for bitcoin if its value rises.. Many wants to exchange if value is increasing so there is a highly demand on bitcoin and opposite is that if bitcoin's value falls there is no demand for bitcoin.

That is because of us promoting bitcoin and endorsing it very well in many ways such as posting in facebook or in twitter and just loke what we are doing here. Because of that we are encouraging investors to invest in bitcoin so that the bitcoin demand will rise up and that good for the price of the bitcoin itself.

cutiecez05

member

Activity: 157

Merit: 10

There is too much demand for bitcoin if its value rises.. Many wants to exchange if value is increasing so there is a highly demand on bitcoin and opposite is that if bitcoin's value falls there is no demand for bitcoin.

Rooster101

sr. member

Activity: 826

Merit: 256

Quote from: haocoin on March 05, 2018, 10:45:11 PM

Quote from: kiddeon123 on March 04, 2018, 10:57:22 PM

the reason why there are so much demand of bitcoin is due to the increasing number of its user. They think that there are alot of opportunity that bitcoin can provide.That is why many people are investing to it.

Since the value of bitcoin is rising, and despite the volatility, the overall market is still very impressive, so more and more people will invest in bitcoin.

The steady growth of some bitcoin-related businesses and investors are some of the reasons why the demands for bitcoin continue to rise. Business like international money transfers and cryptocurrency exchanges are getting popular these days and many people are increasingly using these exchanges to buy or convert their bitcoin into fiat. As the demand for bitcoin continue to rise, its price will also continue to seek new all-time highs level in the future.

_yoshi

full member

Activity: 280

Merit: 103

Teh demand on bitcoin is high, because its the most valuable cryptocurrency at the moment. Also because its very hyped from the mainstream media. The average people are not interest in the blockchain technology who stands behind. After the bullrun last year, there was so many new investors who had no idea what they buying. They just buyed bitcoin and other cryptocurrencies because of the hype.

stirrergreenish

newbie

Activity: 31

Merit: 0

There is no solid reason for its uprising and how it could be there as it is a virtual currency only

suzane18

jr. member

Activity: 85

Merit: 2

There's demand for Bitcoin because lot of early investors have already tasted success by investing in Bitcoin. Looking at those people others have also started feeling that Bitcoin price might increase further. Also Bitcoin is being accepted by more and more people worldwide and lot of goverments have also legalised bitcoin trading

kkukkugaga

member

Activity: 238

Merit: 10

Hello World!

There's such demand on btc right now because more and more people are giving value to it. The volatility of btc caught people's attention. The number of investors increase everyday and so does the demand. If many people knew about how btc really works on people's life, then they will invest and support btc. Through this, the demand goes higher and higher. We need more people to invest so btc will stay on top.

haocoin

full member

Activity: 223

Merit: 102

Quote from: kiddeon123 on March 04, 2018, 10:57:22 PM

the reason why there are so much demand of bitcoin is due to the increasing number of its user. They think that there are alot of opportunity that bitcoin can provide.That is why many people are investing to it.

Since the value of bitcoin is rising, and despite the volatility, the overall market is still very impressive, so more and more people will invest in bitcoin.

juiceannabel

newbie

Activity: 224

Merit: 0

because bitcoin is the first cryptocurrency that was created in the world.
bitcoin demands increasing because bitcoin popularity.

Winedmeel

jr. member

Activity: 110

Merit: 2

Demand for Bitcoin?

In my opinion, Because of of popularity and demand of bitcoins that's why the demand is getting higher and higher each in every days, weeks or per year. This happen coz there's a lot of investors investing a huge amount because of the fact "easy to make a big profit.

weblaraveluser

member

Activity: 308

Merit: 10

Quote from: irenegaming on March 04, 2018, 10:23:31 PM

Bitcoin is the hottest commodity in the cryptocurrency world. its scarcity together with high value and usability makes it the most important asset to have. its widely accepted across markets and therefore easy to transact with making it popular among investors, businesses and other users.

The reason why people is keep on investing on bitcoins is because of the value that keeps on growing as the time goes by and when bitcoins is out of mine already then the price in the market will keep on increasing become more expensive so we should hold our coin as long as we can.

megynacuna

sr. member

Activity: 756

Merit: 253

Quote from: maxbit on March 05, 2018, 05:26:56 PM

I think people really like being their own banks, and the peer to peer money transfering with low fees. And some love crypto because it's decentralized currency and all the different tech that makes the transactions fast, anonymous, secure, etc.

That's correct, anonymity, 24/7 accessibility and security is assured with bitcoin and so many people pr4efer that to banks and secondly there seems to be a great investment opportunity with bitcoin and many are taking advantage of this and are quickly going for bitcoin.

onemoretime8520

member

Activity: 265

Merit: 10

The World’s First Blockchain Core

That 1$ which made people a fortune back than is the main catalizator that attracts the demand today and so many people think that a 100$ invested today would worth 50.000$ in 5 years time

maxbit

full member

Activity: 266

Merit: 100

I think people really like being their own banks, and the peer to peer money transfering with low fees. And some love crypto because it's decentralized currency and all the different tech that makes the transactions fast, anonymous, secure, etc.

MeganHeverin

newbie

Activity: 41

Merit: 0

As the demand for investment grows, a lot of projects are being established where Bitcoin can be use. That's including exchange to fiats or other crypto, lending, and little by little being used as a way to pay bills and a lot of items.

KeithHopkin

jr. member

Activity: 91

Merit: 5

because its price is rising and still bitcoin is the mother of all coins,so there is a high demand for btc in the market

Best Dreams

full member

Activity: 1008

Merit: 101

Quote from: kerwin T on March 04, 2018, 10:26:15 PM

Quote from: charlotte04 on November 15, 2017, 08:13:18 AM

Quote from: rockyshala on November 15, 2017, 06:43:57 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.

I literally aggree with you. Just a simple reason that most people want in life. It will help us in our financial problems and freed us from poverty. This business really needs patience especially when you are holding it. It will be worth it when the time comes.

Fair enough it has decreased the number of poor people in my country as well bitcoin is proving jobs opportunity to most of people who were not having any source of earning but now they are earning money and they are able to generate food income very month. Holding of bitcoin Wight high patience will give you more money than your investment, if you will concentrate on the bitcoin holding it will be converted to some high business for your future the other thing is increasing price of bitcoin is increasing the demand of bitcoin.

Semaj123

member

Activity: 434

Merit: 10

Quote from: ajiejot on March 05, 2018, 07:25:49 AM

Quote from: btcprospecter on November 15, 2017, 10:38:37 AM

Every one that is new to bitcoin hope to see the same returns as what you have shown since 2010. With that people want bitcoin.

Agree. There are many people that on their minds that Bitcoin can make they rich. They don't know what Bitcoin is, they just invest and invest, they should also study about bitcoin, know how to use it or what is the use of bitcoin. That's why the demand of Bitcoin is really high, so many newbies.

Then its all good for the bitcoin community, so many newbies means more people are starting to adopt the technology. I think they don't want things to be complicated because we can easily understand the concept of this crypto. Also, we can't deny the fact that when it comes to bitcoin our mindset is we will be rich if we get to involved more about this crypto. And this is why bitcojn is very in demand.

Topic: Why is there such demand for Bitcoin? - page 5. (Read 2665 times)