Well my take on this is, its value, its price is something that is increasing through time. People will be crazy on something that can make them earn, be rich or whatever. Especially that a lot of people already proved that it is true and being rich is possible through it so a lot of people would want to be part of it immediately.
Topic: Why is there such demand for Bitcoin? - page 6. (Read 2640 times)
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.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.
Miners are quite confused with those who already benefit with the rig, it is still phenomenally not properly justified for the current price. I think what is the nature of bitcoin because it can be traded and interchangeable with equipment, with media reporting how well the bitcoin process is and, with their assets here and remembering the cryptocurrency ecosystem is young and unregulated.
It is simply because of the increasing users of bitcoin. Many people had seen the rapid growth of value of bitcoin in the past years. And now they want to be a part of the growing world of bitcoin. And as many people want to have this, the demand also goes high. There are only few created bitcoin, and that few are now distributed to millions or even billions of people. It is not questionable that the value of this still increases it is because of the increasing demand of it.
Bitcoin has become a scarce commodity because the supply is limited and there is less of it.
Demand for bitcoin has risen sharply in the past year, as people who invest in bitcoin want to make extra profits again because of growing demand for it.
Demand for bitcoin has risen sharply in the past year, as people who invest in bitcoin want to make extra profits again because of growing demand for it.
it is called business your money invest a small amount and that the demand grew up because of transactions that are happening so take advantage You know that if you pay you or you do not make the decision.
Because few people know about bitcoin and once the majority know, it will surely reach its peak. Bitcoin is now gaining in popularity and popularity. Celebrities and famous personalities are not involved with it. Bitcoin continues to have great demands because it has shown remarkable growth and continues to grow. It is hoped that bitcoin will grow even more in the coming years, which is why more and more people are buying it as much as they can afford.
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.
The rising prominence over the globe has raised an enormous request of Bitcoin. Individuals are surging down to put resources into this new sort of money whose esteems increments naturally after some time. In straightforward words, bitcoin has offered them new speculation which does not request immense subsidizes rather clients can put resources into little sums without agonizing over printed material and banks and get significant yields. Henceforth making it great speculation.
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.
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.
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
First bitcoin is the one of the oldest cryptocurrency that exist until now, it really matters because it already gain the trust of the user and investors. Secondly it is now a very flexible cryptocurrency, in fact you can use bitcoin in many ways most probably as a medium of payment and always compares to physical money.Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login
Being first does play a major part in order to gain trust but we should also considered the usefullness of it. however bitcoin is indeed useful in so many ways, that is why bitcoin is still in demand thesedays. not only bitcoins but also other coins like altcoins especially etherium, is also indemand today because etherium is indeed a pretty useful coin in terms of investment , trading and even payment gateway.
There is always demand for bitcoins as it is the first crypto currency in the crypto market and all other altnernative coins are just followers of bitcoins with a certain upgraded feature to attract more user's to the new crypto currency. As bitcoin is the first crypto currency and it started or came into existence in the year 2009 which is almost 9 years of now, makes people to trust than any other crypto currency in the crypto market, and all the bitcoin transactions world wide are safe and secure with high transparency as all the transactions are recorded in the public ledger. Another reason for user's entering the bitcoin market is due to the fact that the price of bitcoin increases tremendously 1000 or 10000 times more than the value at the beginning of the year which makes it a good asset for investment.
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. It appreciated through the years which make it more interesting for people to invest almost a decade now since bitcoin was introduce and for a long time it prove to be a good asset to hold this maybe the reason why up to this time the demand of bitcoin continue to grow
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Why is there such demand for Bitcoin?
FOR EXAMPLE YOU - BILL GATES:
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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.
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
First bitcoin is the one of the oldest cryptocurrency that exist until now, it really matters because it already gain the trust of the user and investors. Secondly it is now a very flexible cryptocurrency, in fact you can use bitcoin in many ways most probably as a medium of payment and always compares to physical money. Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login
Because bitcoin is one of the best cryptocurrency in this advanced world. Many people are using bitcoin in this time. Thats why bitcoin demand is so high.
The reason why there is such demand of bitcoin is because of the number of investor who invest and the profit that we can get through working. It is one reason of demand why it goes high. Because of that, the price of bitcoin will goes up which can double your investment.
Because bitcoin is one of the best cryptocurrency in this advanced world. Many people are using bitcoin in this time. Thats why bitcoin demand is so high.
More and more people begin to trust bitcoin than Fiat currency. Bitcoin has great advantages over the same banks (for example)and people give preference to bitcoin than banks. Others simply invest in the future. everyone is looking for their benefits.
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