Bitcoin Forum

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

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.

Bitcoin has become a scarce commodity because there is a limited supply and fewer mined each year. 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. Also the anonymity of Bitcoin attracts users that don’t want banks and governments to control their money.

Simple, because it's new, and it kinda makes you rich much easier and quicker. Everyone wants to adopt it in an early basis.

because after every trx bitcoin is getting burned and due to loss of so much private keys, demand is ever increasing because it is father of all currencies and it is base currency of all exchanges over the world

Yes, I think that death wallet account must be far more than imagine, a lot of COINS forever "disappear", perhaps we should thank the people of contribution, further contributed to the scarcity of the currency.
At present, the mining difficulty is still increasing, so prices will definitely continue to rise, in the long term.

Bitcoin has many of the attributes of gold as a store of value.
People want to hold Bitcoin for the same reasons they want to hold gold. While gold has been relatively flat, the recent increase in the value of bitcoin is attracting more investors.
It is interesting to me to see die-hard gold bugs poo-poo bitcoin.

One thing that is attractive is that the supply of BTC is known and fixed. It does not change no matter how high the price rises.
In the case of other commodities, the higher the price, the more supply. This is because it becomes economic to "mine" marginal sources as the price increases.

Financial sovereignty. Power tends to corrupt, and absolute power corrupts absolutely. When you put people in power they will abuse it. When you deposit your money in a bank, is it still your money? Maybe, mostly likely not anymore.

People are interested in BTC mostly because of the possibility to bring them big profits,as you say 1$ in 2010 now worth 58k$ and if you invest at the beginning of this year you will make very nice profit also.Many will say that BTC is digital gold and most people want to own at least one small part of that asset.We can only assume that demand will be even greater in the years to come,and next halving is in year 2020.This means reducing production by half compared to today,and there is 16 680 825 BTC mined so far from 21 million.It may seem that the 4 million is big number,but by the year 2032 almost 99% of all BTC will be mined-so if you want to get some now is the time :)

If compared to the year 2010 of course this will be very crazy and when we can all become a fortune-teller then everyone will become rich. this is a natural law that states that anyone who dared to risk so he is entitled to get a chance to earn a lot of money. as it did in 2010, there may not be many people who believe in Bitcoin because at that time Bitcoin is still new and not very trusted, but the fact is that Bitcoin is now one of the most valuable assets and people who belittle Bitcoin on 2010 will be very disappointed. they may lose some of the same golden opportunities we get today. so when there is some speculation that shows an impossible thing then we only have two choices that follow or not.

People will invest where they make profit. It's the same in BITCOIN, stocks, real state, gold or any precious metal. Take for example a stock, the price will skyrocket when the company announce good report or something like a dividends. Similar happened to bitcoin during fork announcement.

Just the fact that it reaches amount we didn't expect to reach before then definitely people will be interested on it especially now that it proven by many how really possible it is for us to earn and have some business too, its the future crypto that will be used by many businesses soon.

Because Bitcoin turned into a very profitable investment (maybe the most profitable investment in the world accessible for anyone), because is looking for new ways to make online purchases and have seen the potential of the digital currency and many other personal reasons, but the mainly one is the fact Bitcoin is very profitable and people want to grow their money fast.

Since Bitcoin was created some people have already became rich or millionaires just by holding it. The easiest big money they made on their lifes, it's like winning on the lottery and only few people were lucky (or deserved) to achieve this because they trusted on Bitcoin since its beginning. When people tell their success stories to others it makes everyone believe the same can happen to them, so the demand increases instantly and with "proof of work" it increases even more and faster.

The miner side is pretty much saturated with those that already profited with some other rushing into with existing and newer rigs, still this phenomenal is not well justified for its current price. I think what contributes is the nature of bitcoins for being trade-able and exchangeable into fiats, along with medias reporting how well bitcoin is doing and why they should join like a sort of gold mining rush, and soon enough people are settled down, with their assets here and considering the cryptocurrency ecosystem still young and unregulated. We are expecting profits and the demand would continues for years until a bright future is seen.

so this is really in demand just because for some speculation of the price that can reachable by it is so shock by the others so when they know that bitcoin can reach on that price it is now indemand cause first they want to have a huge of profit.

People want to get rich... I think it's really that easy.
And when it comes to bitcoin, they have a pretty good chance to be successful.
When we look how few people only came in touch with it until today and compare that with the price we have already reached, that gives hope that this might really be the way to become wealthy.
Nearly 80 % of the bitcoins are already mined, and a lot of their owners are long term holders.
That means the other 20% must be enough for the rest of the world. I think that is why many people think: Better get one while you still can!

For me it is not a big surprise.
A lot of people are trying to earn on the Internet, and mostly unsuccessful.
I can share my own experience.
I tried before many different ways in order to earn on Internet, like revshares, Forex, MLM etc. but everything failed.
With bitcoin I'm finally earning my first money online.
I guess it's the same for many other people here.
People buying bitcoin because they are hoping to make money.

Bitcoin is in demand as an investment with a potentially unbounded upside and almost no downside (right now).
Now that I think about it, it is more like a rare painting than gold. It has a well defined supply.
An art investor pays millions for a painting in expectation that in 10 (or so) years, someone will pay more.
So the type of people who invest in fine art are  starting to invest in Bitcoin.
Like fine art, it has no intrinsic value.

Now, the downside seems to be extremely limited because of all of the new money flowing into bitcoin.
This is money from very sophisticated investors.

What is the upside?
Unknown.
People who should expect to get rich in 1 or 2 years will probably be disappointed.

Now is not the time to sell though.

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.

What do you mean why? Cause people want to get rid of the banks, enjoy advantages of decentralization and finally MAKE SOME MONEY.

Plus BTC s cool, way cooler than Paypal or credit cards.

Well, what was the price of Bitcoin in 2010 and now how much Bitcoin is worth in 2017! Which is beyond thought, nobody can think, that is, beyond imagination.

Yes there is such a demand for bitcoin , it is because of some reasons, Bitcoin has become a scarce commodity because there is a limited supply and fewer mined each year. 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. Also the anonymity of Bitcoin attracts users that don’t want banks and governments to control their money. That is why bitcoin was in demand.

it easiest big money they made on their lifes,lucky (or deserved) to achieve this because they trusted on Bitcoin since its beginning.

Bitcoin attracts users that don’t want banks and governments to control their money. That is why bitcoin was in demand..

Since bitcoin started digital market people were able to learn the possibility of having crypto in our economy since then they were able to established trust to this currency. 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

Bitcoin can help people to somehow manage their financial situation better. It won't make difference in countries where people are hunting for food and hardly use money but in some developing countries it can really make a difference. Google also has started it's own wallet in India (not bitcoin wallet but fiat) because of the need. There's a demand for easy money management and we're at the beginning, we have only a few options now to choose from (bitcoin is one of them) but we still need to wait more. Bitcoin will be a major player in this market if governments don't ban it globally. Today it seems that they are just trying to regulate it, because they see some potential in it (hopefully).

The continuous growth of demand for Bitcoin is not very surprising at all. During the early years of Bitcoin, only a very small number of people know what Bitcoin is and still the price is increasing. Now that the awareness about Bitcoin is rapidly spreading, it is inevitable to monitor the overflowing demand for Bitcoin. Those who invested early were so lucky indeed. And now that the price is high, still many people are trying their best to gather more Bitcoins. The demand for Bitcoin is cannot be suppressed now.

Bitcoin is the first of the crytocurrency and it is well positioned for digital currency that our financial system needs. Bitcoin saw a problem and was able to solve it. I am very sure that Satoshi may not believe this crytocurrency era may ever become a global issue much more that it will now become an international issues that economies of the world are likely afraid of.

Yeah i've been wondering why so much demand for Bitcoin vs others.. but I guess it was one of the first and many people know about bitcoin specifically if talking about cryptocurrency.

The demand for bitcoins was due to the fact that people seeing its rapid rise in price, tried to get super-profits from raising its rate and invested in it. From this bitcoin again grew in value. So he was really pumped up like a soap bubble that would one day burst. Now, because of the actions of the bitcoin cash team, it is adjusted in price and, perhaps, it will not be inflated at such a rate.

People are interesting in bitcoin because they want to big profit in short time which is possible by investing in bitcoin. It can make a person rich if he can invest and hold them it can be like gold. $1 bitcoin now turn into $7000 & more. So why not people should interest in bitcoin?

Yeah. it is almost impossible to guess what will be in the feature.

Yes, I completely agree with you. But it's not that easy to risk for everyone as there is no guarantee that the price rise will continue.

If you want to invest and save money the possibility is unlimited, but we know (looking back) the bitcoin is a good investment therefore many peoples use and hodl :-)

Investment.
I do think that is one of largest percentage when it comes to reason why you would buy bitcoin. That also spikes the demand.
Not all of us can invest in a way we want it to.
In banks there is too much informations about us that needs to be input.
What else? Documents. A lot of paper works. I dont like that.
I would rather stay with bitcoin. Simple and easy. You can even remain anonymous but for the expense of limited bitcoin that be hold or be withdrawn.

You have your point.Although bitcoin had experienced drop-off this past few days,but still it will rise back again.So the moment you invest in bitcoin,make sure to be patient all the time because not at all times bitcoin is in high price.But i do have high hopes in bitcoin that i can be rich someday with bitcoin.

Bitcoin has many benefits than another instrument of investment like gold, silver and other Precious metal, it is easy to be used for payment options, bitcoin has total supply just 21.000.000BTC around the world and bitcoin can protect the values of our asset from inflation and still many other benefits of bitcoin, because of it, demand of bitcoin from the investors, users and other has made bitcoin's price always be expensive time by time in the future.

That's the reason why the demand for bitcoin is increasing. I am Letty sure that people nowadays has been interested with bitcoin because of its unstoppable and very unstable price. Bitcoin is the strongest cryptocurrency nowadays and one of the most trusted investment.

Because of it's current value and of all the craze that's been going on, people are now more aware of the BTC phenomenon. And so more and more are trying to get into the scene trying to get hold of every little bit of BTC they could. Fewer are getting mined,  and so more are rushing in to get some of those coins. It's similar to a panic buying in grocery stores whenever some kind of event will or is taking place.

Why is there such a big demand for Bitcoin? That's a very good question. Firstly, it's because every granny in most of the countries can hear about it on TV. Secondly, it is because a lot of V.I.P's promote it. Eg:(Mayweather: "You can call me Floyd Crypto Mayweather from now on" . Dan Bilzerian: "I Bought a Sh**Load of Bitcoin Today").
Thirdly (and most importantly) the demand is caused by the fact that every once in a while, BTC breaks a new record, as shown in the picture below. This causes regret in people's heart, so they act emotionally and buy bitcoins the next day, hoping for a new record which will bring them a lot of profit.

Compared to other non-virtual commodities (such as gold), BTC is scarcer as the supply is limited to 21,000,000 BTC, hence a much greater potential for price growth in the future, if the demand continues.


https://image.ibb.co/cCPgXm/bitcoin.jpg

Basically the first we think that why such demand for the bitcoin is the graph of bitcoin price that every single minutes are getting higher, so too many people think that there is a future in the bitcoin currency.

this is the proof bitcoin famous the user population increasing demands for bitcoin using easy uderstanding about bitcoin how its works for the interested people to understand the importance of bitcoin as decentralized cryptocurrency become profitable for their daily life and another for bitcoin quality its easy use for the faster transactions using the new technology also you get huge of benefits.

Demand for bitcoin in the past year has increased enormously because people investing in it are hoping to receive excess profits again, due to the growing demand for it. It turns out an interesting situation: the demand for bitcoin is growing due to the increase in the price for it, and the price is increasing with the increase in demand for ditkoin. It turns out something like pumping a bubble. But this situation can not

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.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. Also the anonymity of Bitcoin attracts users that don’t want banks and governments to control their money.

Bitcoin has managed to turn into a full-fledged monetary unit, which suits all people. It is decentralized, it can not be released above the established limit. Accordingly, it does not face inflation, only currency fluctuations.

As you say, the profit from btc investment is huge. Although btc is very high at present, the demand is still more than 20m btc, which is due to the profit of btc. One factor contributing to the shortage of supplies is that many people were given thousands of btc in the past but lost it.

Obviously who wouldn't want to invest money into something innovative like blockchain and then get credited with huge profits in the return. You know yourself how you can make money from the bitcoin by investing just few dollars and then getting back pile of thousand dollar bill! Thats what everyone wants, the money, they want to fulfil the need that they are in. The bitcoin has made lives very easier. Even for me, I was able to nil my education loan all its the help of bitcoin and nothing else. IF I would have Benin the search of my real job up until now then I could have faced bank legally but bitcoin saved my ass at right time!

This and many other kinds of stories are out there and that is why demand of the bitcoin os huge. Its for need or greed but its there for sure. :-)

I think its because of its advantages of its use and its value is also rising a lot. And the main thing is that it is the first cryptocurrency. So these are the main reasons of its this much demand.

      Simply because of its value like gold. And it is a good investment. Easy transaction and it has freedom in bitcoin thats why it has a geater demand. A lot of people earn money through this bitcoin.

Bitcoin is treated differently by different kinds of people. The demand for Bitcoin is generally based on this. Some treat Bitcoin as an asset. One group of Bitcoin supporters are holding Bitcoins for the sake of increased worth. Some others are using Bitcoin because it means freedom for them. They don't have to transact with banks and other central authorities with Bitcoin. Some people are also demanding Bitcoin because it is used and well-accepted underground.

Bitcoin is like gold and it demand always flactuates so that people are interested in the price value .It is such a indemand now in cryptocurrency because it helps many people financially and also in investments they can make it your money profitable.

Based on my search in quora.
The reason lies in special features of Bitcoin software and underlying concept.
1. Limited supply: Maximum Bitcoins that can ever be generated from the software is 21 million. When it is limited, it is more valued and priced.
2. Divisibility : lower denomination of Bitcoin is Satoshi. 100000000 equals 1 Bitcoin.
3. Decentralised : Bitcoin software is on open source. There is no owner of this software.
4. Bitcoin Mining : People involved in mining are rewarded with fresh bitcoins.
5. Halving Effect : every four years reward gets halved thereby slowing the supply.
This is the features why bitcoin such in demand.

There is such a demand for bitcoin because it becomes the most profitable source of investment today, people saw the potential of bitcoin and its rise in value in the past years. This creates enthusiasm for people to buy some bitcoin in hopes that it will continue to rise, and yes, as the demand rises, with fixed supply, bitcoin prices will continue to rise.

The demand is increasing day by day because people hear the news and the profits that other have made from btc and they want to take their places in the ship as well.

I guess that people hear the success stories from the other regarding btc and profit so they want to be included and even if they don`t have the knowledge they do invest.

because we want money that's the main reason why the demand is high it's a fact that no one can survive in the society without money. so why wouldn't you try to make money through investing where you do nothing and wait for your money to increase.

I completely agree.
High demand, less supply. Reasonable, since everyday it's harder and harder to mine bitcoins. Banning of bitcoins in China may have contribute somehow or if every the number of miners there were already covered by new miners still it's difficult to set a proportional amount of bitcoin to the massive adaption of bitcoins.
Before I think one bitcoin is to a hundred users or less that is why prices before are low.
Today, I think one bitcoin is not only to a thousand users.

End use, result, fruitfulness, utility, profit these are some of the reasons why people demand some commodity or service.  Bitcoin being the newest form of keeping your assets came into existence few years back.  Some people who must have understood it's future invested in this currency.  Because of it's simple payment system without making any payment to banks or intermediaries it started gaining popularity and started widening its people (investor's) base.  With the increase of the interested investors the demand of the bitcoin increased and because the supply of the coin could not increase in the same quantity due to lesser coins mint, the law of Demand and Supply applied here thereby increasing the price/cost of the bitcoin.  That is why the price of one bitcoin in year 2010 which was just one dollar rose up to 58000 dollars.  

Many investors have already become millionaires by investing in it and are motivating attracting  other people to be a member of this precious coin family.  As more and more people are being attracting towards bitcoin demand is increasing and as a result price is also increasing and ultimately people are gaining by investing in it.  A circle is being created because of this reason.  More demand; lesser supply; more profit to investors; thereby attracting more and more new investors to bitcoin; and again results in increased demand.

If less bitcoi is being mined, does it make the fee so high recently? I think so.

If we talk about demand, more people know cryptocurrency from any advertising on website or social network decide to buy bitcoin amd make demand very high.

Various sectors have started using Bitcoin, the increasing number of users has also made Bitcoin different than it was a few years ago. Currently Bitcoin is increasingly taken into account and can be an important part of economic development in the world. I see that this is a very different thing, Bitcoin has changed people's view that digital currency can be used in everyday life. This is what makes the increasing demand for Bitcoin in the world.

Of course, that would be always thinking. Do believing such matter is possible and it could really make something great for us. Considering those bitcoin high demand, it probably drives it's prices to rapidly increase as a large numbers of individuals are pursuing bitcoin as their investment. There is nothing to wonder that would be possible to happen since bitcoin price is really attractive and it totally we gonna earned money from here.

Cause it is affordable to use. so easy to transact. its tax free that why many people want it that`s why the demand of bitcoin is always increasing. its simple but its what we seeing now. many people using it and gaining money.

It is entirely true that bitcoin is having less supply and high demand, this is because of the popularity growth and the people are already recognizing its true value since it hits $10k. However, due to bitcoin going mainstream, the transaction charges are getting higher and the network is getting congested. Once it has been developed to its full potential and utilized for its true purpose, bitcoin could replace fiat.

yup, the concept of bitcoin is almost the same as gold, the amount is limited and must be mined to get it, then just made a commodity. well, because of the limited number, the higher the price, and the many people who are interested. bitcoin becomes a rare item.

Yeah, I agree with you. At present BTC is like Gold - it is tool for investments but not tool for payments. Also BTC is very famous at present.

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.

It’s reasonable to wonder – as the hard fork between Bitcoin and Bitcoin Cash is solemnised by last weekend’s convulsions – why Bitcoin’s value has kept on rising. There’s been a 23-fold increase in price over last two years – is it over now? Will BCH steal its thunder and leave Bitcoin gasping? Probably not…

Of course what has risen is the price; as to the value, that has yet to be determined. Value depends not only on scarcity but also utility. Lately, the biggest utility has been the profit that can be taken by selling Bitcoin. Now that it’s down from its peak thanks to BCH, we can maybe start to put a price on value

Because it is a new creature world has never seen before.
It is a leading crypto currency in the world. Moreover that The bitcoin process is completely a online process So we can access it on anywhere in the world and anytime. Most important thing is most of the entrepreneurs or investors are attracted by its price. So they can get a more profitable price than fiat.

Bitcoin is highly anonymous and deals very quickly. Besides, the amount of bitcoin is very small, resulting in scarcity.

Bitcoin such the world all people everyday.

yes it is real happening right now ..
this is one of the greatness of bitcoin that makes everyone interested to invest in this crypto.
I think now the new starting point of bitcoin ran for more valuable and useful in the future.

It is and will continue following the law of demand and supply and we are ignoring one more thing and that is lost coins. No one is sure about the number of lost coins and if we can somehow figure out the total number of coins that are out of circulation, it will again boost the price of the remaining coins in circulation. Demand is purely based on the realisation of the future scope of this technology and especially Bitcoin. As of now, the majority of the inflow is willing to earn speculative gains from it but we must not forget that Bitcoin is a payment system and speculative gain is the by-product of the development process.

The supply of bitcoin is really limited and the world now beware of its potential. That's why bitcoin has such demand in the crypto markets. This is a global demand for bitcoin.

The reason is that, in times past, people seldom believe in the the currency, as they could not phantom whether the currency will come to limelight. But seeing its potentials and growth in recent times, has actually brought about a change in mindset as regards to the same currency, which as a result have made people embrace the currency and invest in it.

There's so little supply because people are holding it for the purpose of hoping the price will rise higher and thus a limited supply.

THere is such a demand for bitcoin because there is a high curioisty nowadays because how inflated the price got even amidst all its golatility and low lows. This has been the case on which people and the market is now being congrsted by a lot of sellers

If the bitcoin price can drop some better, I can not afford it now

simply that bitcoin becomes known to the general public, everyone wants their share of the cake

I think that is because more and more people are getting interested on the high earnings of bitcoin. It is passed from people to people and they continue to learn how the bitcoin works. The more people are interested, the higher demand bitcoin will be.

The great demand is caused by an agiotage. I consider, enormous demand for bitcoin arose against the background of promoting of cryptocurrencies by the main large holders of bitcoin, being co-owners of the cryptocurrency exchanges. Newly made investors I am guided by the very first cryptocurrency as the basis of all system of the cryptoforeign exchange market on which all market is based and which sets the main trend.

This is right. Demand is ever increasing while supply is fixed forever. This is one of the reasons why Bitcoin remains to be ever increasing in value. The supply is pegged at less than 16 million in total. And the world is really made up of people who grew tired of the existing banking system. That is why regardless of the negative news about Bitcoin, it will always increase in its price.

This demand of BITCOINS is very high in market just because it is very popular and it has a great market potential too. People nowadays just want to earn more and more and that's the main reason why they get attracted towards BITCOINS. It gives huge profits out of it to its investors. The demand is directly proportional to the supply, Their supply in market is limited and thus having the huge demand.

its very simple the reason is the more demand on bitcoins the higher price it will cost. means the more user for bitcoins the price increases. and because bitcoins is the most popular crypto  more people  people getting interest.

It is because of the value of Bitcoin as of writing. When Bitcoin started, it was very cheap and almost everyone raised an eyebrow on this development. Very few believed in it. But now that its value has gone beyond predictions, almost everyone are dying to have one. I am not saying, though, that it is late in a day for them to purchase Bitcoins; what I am saying is they could have made so much money out of the small amount they could have put into it years ago. But then again, no point of fretting over the past.

It's easy for us to make money bcos of bitcoin is a new kind of business which is give a big profit for us

The reason of why bitcoin has so much demand is because of it's potential, that is continuing to rise up. That is why peole has been panicking to join the community, with the hope that they could get what others had. And users are still dreaming to earn more than what they are earning. It is like a scenario where peole are on the race against to buy something with a limited stock.

i think because some people right now have interested in bitcoin because they see the price if bitcoin by the time is always increasing, i think that is the big factor that makes the new demand in the market is created some people want to buy bitcoin and want the price of bitcoin is increasing more and more

Actually, any coin is dependent on its usage and demand. At present, there are many coins in the online market. Bitcoin is more demanding. Therefore, Bitcoin is very expensive. Currently Bitcoin is being softened with gold. Bitcoin is on the highest level. Apart from other coins Less risk of bitcoin, because its arrangements are very good.

I'd like to believe that the demand is due to more people are starting to recognize the capabilities of btc as a cryptocurrency. The widespread of btc mostly because of the power of social media platforms and mainstream media (though it's not yet really that huge in mainstream media). People are naturally a curious creatures and so once they hear or read something out of social media platforms such as facebook and twitter they have to know about it so that they won't be left out of what's "in" even if they have no idea about it. I think we're still not seeing the full impact of it so I'm guessing we'll be seeing more increase in demands in btc which might lead to a skyrocket of price so we better prepare for it.

despite the fact that these days most people who own any amount of bitcoin are in it for the profit that it gives them, there are still others that do believe in the technology too and that is why they bought it in the first place.

and in my opinion that potential you are talking about, comes from the technology and what bitcoin offers. if you see how it works you can see that a decentralized money has a lot of people interested in it. and this is exactly what helps the growth.

I saw somewhere in news, 40 % of bitcoin have only 1000 people in the world. This might be the main reason behind the sky touching price of bitcoin as they are siting in a huge stock. There is lot of demand of bitcoin but very less supply.

There are so many reason for the demand of bitcoin. Bitcoin help those people mainly who do not have work or job by giving the job in bitcointalk and he paid for the job . Bitcoin is also demand for investing the money in bitcointalk because the price of bitcoin is countinously increase so to gain the more profit from the bitcoin in the future . Bitcoin also help the people to make the person rich and change the status in the society.

I think the price will sky rocket because of the demand in bitcoin. There will be a point in the future that will be paying 1 satoshi because of the high price of bitcoin.Correct. Many and many people will by bitcoin. So expect the price will again double for few years or maybe months. Who knows? 😬

The demand for bitcoin is increasing daily maybe because of the freedom to earn huge online. The freedom to invest anytime with your internet connection on. The features or the advantages that can help people by bitcoin so this are the reasons why demand for bitcoin increase.

Its because of few are mined each year and the supply is gradually halved due to which the people are ready to buy at whatever price and preserve them for reaping profits. I also see many people use BTC to send and receive money , a faster way compared to any local financial institutions. I hope BTC are mined more so as to benefit many people.

Demand in bitcoin is so high because it gain a lot of interest from those people who want to make a profit. They recognized its capabilities and also it is the most popular cryptocurrency. This demand is really good because it makes the price higher. I regret starting this few years ago because its price today is so high. Well, past is past.

In my opinion pass success bitcoin believers story like how bitcoin became medium for having a financial freedom and good life as well as positive speculation/predictions of known people plays a big role on popularity and demand in bitcoins.

Dreamers will say that demand for bitcoin is increasing becauyse people are tired of Banking System, but the reality it is that people just want to make profit. Bitcoin is the "gold" of the new era.
Bitcoin still have a lot of problems, we must have some solutions for it if we want to make it a global coin recognized for everyone.
For now it is just "gold", "hold it and you will earn some money".

People were earlier fed up with government currencies which are not immune to inflation and their huge taxation.Now they are finding bitcoin to be a safe haven.Its limited supply gives some assurance for its value.People found it to survive successfully despite obstacles made by governments.More over,entry of financial firms like CME and CBOE  and media exposure made it popular all over the world.

The demand for bitcoin is high due to the fact that a lot people now came to know and realized that bitcoin value has increased unexpectedly.  People wanted to earn big amount also just like those who invested in the earlier years. Plus the fact that bitcoin is really an advantage to them because it work also as  cash convertible and an online wallet to pay purchases.  Isn 't Bitcoin really amazing.

The price is the biggest factor that drives bitcoin demand, now everyone wants to invest in bitcoin and just hodl so they cand take profits later.
Also, the supply is very limited and there is the FOMO factor that you could lose the train.

Basicically the first we think that why such demand for the bitcoin is the graph of bitcoin price that all single minutes are getting innovative, hence too many people think that there is a unfriendly in the botcoin currency.

Bitcoin is a new trend in this modern world. People taking interest in it because of its good value and non traceable transactions.
Some of the reasons can be:- bitcoin's value increases regularly which is good for trading.
New currency in the market.
1st digital currency of the world.
Might be the most valuable asset of future.

Well, what i am sure of is that back then, the most common reasons of people why they jumoed into bitcoin is the extent of anonymity that it could bring to its users. Which was thought back then by most of the people to be a full anonymity. This alone benefits everyome tired of the current outdated system of the world, the ones that have illegal businesses tofether with its supporters and lastly are the ones that saw it as something cool and wanted to be early adopters of the new trend. And in later years more people went in with the same reason, but then some had seen potential for profit, then slowly bitcoin has become the greatest amd biggest gamble of the greedy. Which is why we reached this price today that should have been a phenomenon for the next few years.

Now, if this continues, amd the lightning network fails to deliver, then i am quite sure that this might cause Bitcoin to crash due to whales taking profits and transferring to more capable currencies. This will be a domino effect that will rob every small investor of all their profits and capitals.

These arey thoughts.

But i wish this does not happen.

Isn't it obvious... its because you can earn money by doing nothing. Simply buy bitcoin and hold them as long as you want and you will earn money after selling them. Its easy, you do not have to do anything, and you get money. That is what people strive for, to earn money by doing as less work as you can, and bitcoin is best for that.

News about people who became dollar millionaires thanks to bitcoin, encourage many people to actively buy cryptocurrency in the hope of also getting rich to some extent. The greater the demand, the higher the bitcoin rate.

To many people this is a totally new development, a new technology and something you can even make money with. Although bitcoin already exists some years, the spectacular price increase attracts the masses, who did not know it existed. The increasing price of bitcoin creates the growing demand, everyone wants to ride this train. Not the fact that this cryptocurrency was meant for decentralized transactions, but the possibility to make big gains. That's what makes bitcoin so popular.

Bitcoins are the most famous and in demand cryptocurrency today
Bitcoins gives you many benefits over other currency and transactions
Also user anonymity. The price of bitcoin has been rising a lot over the past few years and has become a solid investment for the ysers too

My local exchanger has higher value rather than world's exchanger because my people interest and want to earn quick profit through bitcoin.
Although my government still not legalize bitcoin , we can still trade bitcoin without being fear getting jail

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.

I think because of rising value of bitcoin so that many people is shown interest to it, also bitcoin is become popular so many people will known it. And they know that bitcoin is it can be make it a source of income that help to their financial.

Bitcoin is like a precious stone that anyone can buy without having problem of thieves or from the government. Bitcoin is becoming more and more expensive due to the high rate of demade to supply. Okay, look at a point of 1500 new investors in a day, and 1800 coins are mined in a day + the holders of bitcoin who are looking on a high profit margin.

Actually there is not only one quality in bitcoin its full of good qualities which make people crazy about bitcoin to join first of all its price is very high and secondly you can learn a lot of thing here about trade and other things which can help you in your practical life bitcoin also provide a very good source of income to its users and it changed a life of thousands of people around the world its transitions are also very fast than any other currency.

There is no way to have more bitcoins on the market beyond 21 million units?

Advertising really pays off especially if "big" people start to take interest in cryptocurrency. Bitcoin got the spotlight since most people have interchange the term with cryptocurrency. The media both praise and bad-mouth bitcoin and both ways still make it more popular. This demand had led some people to ignite the hype we can observe today.

when it comes to bitcoin, people have a  good chance to be successful.
BTC prices are going high and gives hope that this might really be the way to become wealthy. I think buying , holding and selling will be agood way to make profit.

Bitcoin being new in market nobody knows everything thing about it thus they get attracted to it trying to look in what all the fuzz and hype is about. This thus increases the demand for bitcoin.

Because, it's price is rising day by day. If one want to buy some bitcoin now, he can sell it at a bigger price next time.

It's like closed circle. The higher the price the biger the demand and vice versa. Everyone wants the opportunity to make profit and they think Bitcoin is ideal for that.
Today there are only few true Bitcoin enthushiasts, majority just want to make money no matter what it takes. If the price falls significantly that will also happen to demand.

That was really a good article. Bitcoins actually depend on demand and supply, as the demand increases when the supply is limited, the price hikes up. Recently many new investors have been investing into bitcoins which is constantly increasing the demand on low supply which is gradually affecting the price of bitcoins. I guess, all of the techno friendly peoples find bitcoins profitable so are busy investing in them.

Everyone wants to become rich, making money through bitcoin is the only thing which makes it more demand. Now bitcoin is more popular because of its huge price rise, so many people started to invest on bitcoin.

The hihg demand of the bitcoin is due to the thigh rate of the interest of the new investor in bitcoin. As the new people come to know about the bitcoin high value and its high rising rate in the value of it, they become fan of it and want to make some invest and generate some income for their self. While the stoke of the bitcoin is limited.  So the demand of the bitcoin is high due to the new investor of the bitcoin.

Bitcoin is witnessing high demand due to the fact that bitcoin price is now above what speculators predicted earlier and at the same time the capacity of bitcoin to sustain it market value is another thing that has draw attention to bitcoin in the recent time. Most speculators term as a bubble but bitcoin is very effective and capable of transforming the financial system.

Well more and more people are investing in bitcoin since word is getting out that its value is blowing up and they have this notion that investing in btc is a get-rich-quick scheme.

This is because developments such as hard forks complexify the crypto-currency universe. They roughen and texturise so it is less planar and vulnerable to simple fracture, less susceptible to damage and more likely to benefit from shocks, as action will be taken to adapt. That’s the value of the system: the hard work of developers, the code written that turns it into a living, growing, adaptable and self-healing thing.

Having bitcoins is like having a safe deposit at your disposal, using them anytime you need. It's just another way to invest your money.

You cannot base the price increase of the Bitcoin on the hardforks. Every time Bitcoin reaches a new height, there is a lot of media coverage, on a lot of countries all over the world which attract new potential investors.

But to me i think the profit that bitcoin has already given to people is also an important reason for convincing people to jump into bitcoin. Bitcoin is the new emerging currency and  people specially the young generation are taking more interest in bitcoin which is also responsible for the increasing number of bitcoin users, hope that the increasing in the number of bitcoin users will continue because still a very little number of people know about bitcoin.

The demand is continuously rising day by day as people around the world jump to bitcoin community though the supplies stay on the numbers and that give bitcoin a big leap on the market because of the people wanting to have bitcoin

There is such demand for bitcoin because people have seen its potential and has come to accept its the new money the world needs. People know its value will keep increasing and bitcoin has made transactions more faster and easy at the comfort of our home. Bitcoin has been able to overcome all obstacles it has faced over the past few years and has come out stronger attracting millions of investors all over the world. People now want to invest in it daily thereby increasing the demand beyond what was initially predicted.

There are two part of the demand, first part is us retail traders, investors and second and more effective part is those big whales who can effect the price. Why there is demand? For retail traders the reason is price increase and for whales is the laundering money in simple words.

The major reason why there is so much demand for bitcoin is that it has limited supply. the bitcoin in circulation is only 16.7 million currently with the total supply of 21 million by 2021. the question is how can 21 million pieces of bitcoin can satisfy 8 billion people? that is why they are so expensive.

Bitcoins demand in its started year where it launches, its demand is yet too low. In effect, the small demand resulted to low price of bitcoin. But life is too tricky. People who said that bitcoin is a scam, who negatively comment bitcoin has join the community and tend to invest in it when they knew its price is continuously increasing. As the increase of demand increase, so as its price. People are attracted to the price of bitcoin.

There's a current hype over the media and the crypto world, and many people came abroad

Its limited supply determines the value, so a bitcoin wallet becomes more valuable with time, but a bank's savings account gets devalued with time.  People want their savings valued with time.

Bitcoin has now become a digital asset that outclass other forms of it such as; gold, stocks, lands, etc. Moreover, if you'll compare it with the latter, Bitcoin is easy to acquire, doesn't require paperworks and you have fully control that does not regulated by any entity or government. Thus, being popularize due to its frenzy price surge, people are moving over with BTC. Therefore, increasing demand. Given that the maximum supply of BTC is only 21 million, which I think around 16 million coins is circulating throughout the world wide web. There will be a continuous scarcity of supply if this loop will not end.

I mean why wouldn't it ? Trading which is the first job in the human history is now revolving about bitcoin and cryptocurrencies in general its more profitable than gold, oil and other stock markets. And i hope that the supply can get even with the demand in the near future so everyone gets a piece of the pie.

Yes the way investments are made at that time is just crazy,

Well, From time to time, Bitcoin is increasing on its demand as well as on its price. We can noticed that People are now will be familiarized if they heard Bitcoin. It is getting in demand because Bitcoin is better than Gold in terms of investing and getting profits. Investing is quite profitable but Holding and earning is the best. Many people are now rich because of Bitcoin. They already suffering richness and the life of being rich because of it. And many people are so attracted to the lives of them so that many people are now interested about Bitcoin.

Most likely true, more and more people wants to get out of banking trap without any significant innovation in payment, an area they should be focusing, for long period of time. It is not even getting any cheaper after all this technology development.
Other than that, its price surge recently grabs massive attention in this slow paced economy when many countries are struggling.

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 a technically advanced solution to distributed consensus, which is nothing but an agreement to whether a transaction has happened or not. Distributed consensus is reached in Bitcoin easily because it is a currency, and incentivizes the nodes which reach the agreement. For a transaction to occur between two individuals, banks and credit cards or organizations like paypal act as a mediator in between and take away 1 to 2% in commissions, whereas there is no such commission in bitcoin. Two people agree to doing a transaction, a bitcoin exchange happens and is recorded to multiple nodes. Each partical or full bitcoin transfer from one individual to another is recorded across nodes and therefore the receiving individual cannot deny the transaction. The use of digital signatures algorithm makes it secure as well.

There's lots of reasons for the increased demand: As the community has grown larger, more people have bought in causing the price the price to rise. This increase in price has lead to more media exposure which has increased awareness & adoption at an even greater rate. The barrier to entry has become smaller too, as Bitcoin is seen more legitimate & less shady that it was in the past. There's more wallets & exchanges than ever as well as more people who can help newbies learn the ropes.

because this is a mad profitable investment! a very strange question, his course is just a fantasy of which only dreamed of before

the most important reason is the huge profit of bitcoin now, but i think there are still some people who believe bitcoin will change the world by decentralization and traceability blockchain

So far, Bitcoin has given a ROI of close to 1,600% this year. But there is no guarantee that the same will repeat in 2018. Going from a market capitalization of $20 billion to $350 billion was relatively easy. But the journey from $350 billion to $1 trillion is going to be much harder and full of obstacles and impediments.

Awareness has really made bitcoin popular. More people know about crypto currencies, more people want to invest and more people want to be part of the profit that comes with the increase in price of bitcoins.

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.It’s reasonable to wonder of course what has risen is the price; as to the value, that has yet to be determinedand same is the case with demand for it.

This a fact that the future of bitcoin is very much bright and so many people have already changed their present and future with bitcoin. Bitcoin is at present one of the most profitable investments of the world. Too many people are after bitcoin just because of its high potential of generating huge returns. Indeed the ever increasing bitcoin prices are playing major role in the popularity of bitcoin all over the world.

The reason is bitcoin is the most secured cryptocurrency atm and it also has many advantages like less transaction fees and many others...so this is one of the factor y there is so much demand for btc .

2017 is the year of bitcoin. Why? Despite of the existence of bitcoin few years ago, this year has become the most shocking increase of bitcoin, and that news kept the people wondering what really is bitcoin? People were hoping to at least join while it is not yet too late and that amount of curios newbies adds the demand of bitcoin.

It's simple the rate of awareness of bitcoin is like speed of light more and more people are embracing it daily so the high demand

Limited edition. As noted, the number of bitcoins limited to 21 million coins. December 2017 produced 16.7 million, so were 4.3 million As a result, the currency is not afraid of inflation. Moreover, restriction of emission contributes to the improvement of the course. The money is often compared to precious metal (gold) — it is difficult to produce, and available resources come to an end.

Trading on the stock exchanges. With the advent of new crypto-currencies last traded in tandem with Bitcoin. With the increasing demand for altcoins is easier to explain why the growing rate of Bitcoin. In particular, Litecoin, Monero or other virtual coins you have to buy for BTC.

The expansion of the network. The growth of the market prices attracts new Internet users. People create wallets, buy virtual money, make full units and engaged in mining. With the expansion of the Bitcoin network grows, the usefulness and demand for the cryptocurrency.

Positive news. The cost of virtual coins depends on a number of factors, including news background. Answering the question of why Bitcoin increases in value, many cite the emergence of positive news on the recognition of virtual money in large countries. This provokes the demand that generates an increase in rate. Negative news have the opposite effect — they often lead to a trend reversal and a sharp drop in prices. Example — the beginning of 2017, when the report of the SEC in respect of the ETF Winklevoss led to the drawdown of the course the virtual coins.

The emergence of new technologies. Considering the growth of Bitcoin and the reasons for this trend, it is worth noting the impact of technological breakthroughs associated with cryptocurrency. They simplify the network and increase its reliability. As a result of growing confidence in the system, the demand and price.

People nowadays become more aware about bitcoin and how it works. Thus, it attracted more users than before through social media promotions and rumors. Whre in in bitcoin, the market dictates the value of it. That's why as more and more people use it, the higher it get its value and vice versa. Bitcoin also, is more accessible to people.

People today are more link about social media. It constantly strikes us from a simple posting and inviting the links they have. And some of us are practical and willing to earn on its easiest way. So that Bitcoin are easily to share on media and it becomes more popular. Its digital currency are more likely catchy by the eyes of many people that using mobile phone you can now deal with it.

If you will compare tha demand of people for Bitcoin 4/5 years ago and today; the demand today is high. I think the reason behind it is because of its price. As the price increases, the demand of people also increases. Their excitement is getting higher as they see the unexpected value of Bitcoin.

Supply and demand is the very basic principal which is being followed not only in the case of bitcoin but in almost all the things like that of bitcoin. The only reason behind this much demand of bitcoin is that there are more number of people who are getting to know about bitcoin with every passing second.

Looking at the advantages which they can have by having bitcoin, most of them are going for buying of bitcoin which is resulting in more market value of bitcoin.

I think there is such high demand in bitcoin because of its increasing value every time plus the fact that less bitcoins are being mined as time progresses.  The idea of it becoming a rare currency plus its value now make it so appealing to crypto isers and traders worldwide.  Also, let us not forget the qualities that bitcoin has as the reasons why it is so in demand everywhere there is talk of cryptocurrencies.  Bitcoin is decentralized monetary crypto and as such makes it easier for people to store and transfer funds wherever you are in the world.  Second, its increasing value as a service makes it convenient for people to do transactions using it online: you could purchase so many things with it now compared to its early years.  So summing up, versatility with what and how you can use it plus its value makes it so demanding in today's market.

Prices are forced to rise when demand for a particular commodity exceeds the supply of it. Even though bitcoin is mined across the globe, I still believe the demand placed out by users and investors far outwits the amount mined

I can say that people has become aware of bitcoin and it's potential that is why the demand has increased. And continues to increase despite of the change or inconsistency of it's value price. People always wanted to earn, and bitcoin is one of the great way of earning. And because bitcoin has become more popular and known to people, everyone wanted to grab the opportunity to earn with it.

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.

Basic demand was to use bitcoin in Darknet at 2010 now when price reach 1000$ bitcoin move to invsetment coin.

all demand came from price

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.

No doubt that social media play an important role in making bitcoin more popular and convincing people to invest their money in bitcoin. But we have to accept that fact that bitcoin has already giving a good profit to people and still people are too much confident about bitcoin investment and that is the reasin that still people are interested to invest their money in bitcoin and do not lose a chance of making money from bitcoin investment.

Yes media is responsible for making bitcoin popular, i think now Ethernet is also becoming popular and the reason behind is media which is compelling people to invest money in bitcoin.

Yeah bitcoin is new kind of business. It gives opportunity to support your family expenditures and enhances your average monthly income. Most of the countries are making huge investments in bitcoins because it is the future of fiat and those people who are interested in bitcoins they trade bitcoins to make profits and usually sale/purchase their products for bitcoins. This make their life better and happier.

Faster profits due to high growth in bitcoin's price is the main reason for people investing into bitcoin. Albeit the supply is less it's features and the fact that it can be traded without having to deal with with any intermediaries and decent fees makes it a good proposition.

because its price is rising and still bitcoin is the m other of all coins.sothere is a high demand for btc in the market

There is high demand for bitcoin because it is easily accessible. Anyone can invest in bitcoin by just holding on to it and believe that the price will pump up which is happening. That alone is enough evidence for a lot of people to be encouraged to invest in this cryptocurrency.
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.

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.

I think there are two words that I can say why bitcoin has a high demand at this moment. One is its popularity. Day by day, more and more people are getting involved with bitcoin and the cryptoworld. Bitcoin has become popular because many want to invest with it and they believe that if they invest in bitcoin, it can give them a large ROI in the long term. Second is trust. Bitcoin has a high demand because many are buying it and as more investors are buying it, the demand will rise and the price will increase and since bitcoin has gained its trust for a long time already many want to invest their money in bitcoin.

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 profit

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 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.

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

Bitcoin could be transacted in stores and other places so there is a demand for it if people want to use it.

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

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.

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.

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.

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.

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.

Bitcoin is promising. It can change the future of money transactions easier and safer with the blockchain system it has.

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.

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.

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.

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.

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.

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.

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

The demand may be growing now, but people will get tired of waiting for their transactions to get confirmed for over 24 hours.

Because its value is getting higher and higher. And maybe within more years it could value way more higher.

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.

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.

Because the bitcoin is a very secure coin and it will not leak any information about the transaction so the bitcoin has more demand

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.

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.

Best explanation, I found my answer too here ;D
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

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.

Social media is one of the best source for making bitcoin common and spread bitcoin all around the world.  It is true enough that bitcoin is having great demand now a day. Bitcoin has shown great influence and power this time it is because of all investors and bitcoin users. If bitcoin is having a lot of potential then it is because bitcoin is being use on high level now. Majority of our people are known to bitcoin and they are using it to make money as fast as they can.

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

One of the reasons is that more are becoming aware of bitcoin and the earnings that many are getting from bitcoin.

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.

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.

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.

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

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.

Simple is this, exactly bitcoins are amazing and they are promising, one can easily get money by using this coin. Some easy methods are there and you are open to choose any method as a source of income. People are using it, and this promise of bitcoin is actually being true. Hence, you can say people have made trust on it and so is the reason, demand is just getting higher every day.

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?

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.

Well, Bitcoin is one of the most trusted cryptocurrency in crypto world, and it is the most valuable currency in cyber world. Bitcoin's demand is getting higher and higher because of the investors, they are trying to invest and invest their Bitcoin in able for them to have a lot of profits. People witness about the life of Bitcoin users and they wanted to do Bitcoining, because it is Life-changing. People around cyber world are wanted to know about Bitcoin because many of them wanted to earn money. Because of its price and they know that Bitcoin can change their lives.

Bitcoin is a first popular digital currency that is making headlines every day around the world. The demand for bitcoin is higher than supply because bitcoin has a limited supply which is 21 million by 2021.

It's just a business just all

People already got the sense of the blochchain system and the advantage of bitcoin that they could apply it into many thing in real life and owning a Bitcoin to use for special purpose.

All markets have their own complexities and odd wrinkles, but bitcoin has a special array of oddities. ..... This means demand for bitcoin rose as traders sold alts

I think the  reason behind this is that people rushed to learn about bitcoin and wanted to keep some for themselves since a lot of people already earned a lot because of bitcoin. Bitcoin is really a good long term investment because it's price is volatile.

It is because of the thought that it is popular, easy to use and to the concept that everyone can get a great profit from using bitcoin.

Yeah! Everyone is spring day and night just to make big money in shortest possible time and bitcoin is providing them with an opportunity of making big money without burning midnight oil. It is really easy with bitcoin to make grand profits simply by holding it for some good time in your wallets. Never ever sell it off at cheap rates. Its amazing tendency to increase in value has made it popular around the world.

The demand of bitcoin will increase more in the coming future. As it is crypto currency which have more benefits as compared to other currencies. As it is decentralized currency state has nothing to do with bitcoin. Its transaction is without any fees. Transfer fast. People do shopping easily with bitcoin. Bitcoin demand will be rise in the coming future 2018 as more people will interest to buy bitcoin.

There is such a demand for bitcoin because it becomes the most profitable source of investment today.Bitcoin is the most secure cryptocurrency.The future of bitcoin is very much bright and so many people have already changed their present and future will bitcoin.

This is true, because of the volatility of Bitcoin. Lots of people are now getting into Bitcoin world. Aside from it is easy to earn money, it is also very useful in terms of payment settlements such as electric bill, water bills and other online payments. That's why Bitcoin demand is getting higher.

Awareness of the people make the bitcoin so popular. Their curiousness to try bitcoin, because there so much people are using bitcoin and get a lot of money from it so that many people try it causing the demand for bitcoin to increase.

Basically its because of the price that is increasing rapidly and the bitcoin is can be also a source income for many of its users.But really many has been not seeing the services that it gives when it comes to payment.

from my views the such demand for bitcoin is because of the price of bitcoin which was countinously increases and also increase in the future also which attract the people towards self. Bitcoin helps the people  for online transaction and transfer of money from country to another country without involment of third person therefore the demand for bitcoin towards the people is increasing.

This is because bitcoin today is the easiest and the fastest way to earn money.If someone is investing in bitcoin,he or she can get huge profits and that too in a short period of time.The signature campaigns also pay us decent amounts.You just have to post on different topics in the given time period and you will receive the paymemts.You are paid accordingly to your rank.So higher rank,more will be the payment.It is the leading cryptocurrency in today's date.

Bitcoin is continuously having great demands because it has showed tremendous growth and continuously growing. It is expected for bitcoin to grow even more in the coming years that is why more and more people are buying it as much as they can afford. There are still few people who knew about bitcoin and once majority got to know it, it will definitely hit its peak. Bitcoin is now gaining popularity and publiciy. Celebrity and well known personalities are no engaging with it.

This is just an indication of the overflowing demand of bitcoin in the market.  Bitcoin really an indemand up to now even if btc is very unstable but a lot of us still keep on believing about bitcoin.

It is expected for bitcoin to grow even more in the coming years that is why more and more people are buying it as much as they can afford. There are still few people who knew about bitcoin and once majority got to know it, it will definitely hit its peak. Bitcoin is now gaining popularity and publiciy. Celebrity and well known personalities are no engaging with it.. Just the fact that it reaches amount we didn't expect to reach before then definitely people will be interested on it especially now that it proven by many how really possible it is for us to earn and have some business too, its the future cryptocurrency that will be used by many businesses soon.

Bitcoin has become a scarce commodity because there is a limited supply and fewer mind each year. And It does not change no matter how high the price Rises.

Miners are quite saturated with those who already benefit with rigs, this is not justified appropriately for current prices. I think what is the nature of bitcoin because it can be traded and can be exchanged with equipment, along with media that report how well the bitcoin process is and why they should join like some sort of gold mining, and soon the fairly quiet ones, with their assets here and remember the ecosystem kriptocurrency is young and unregulated.

Lol and i don't think the demand has anything to do with the features of bitcoin as a transactional medium. Its likely because of bitcoin's value as an asset that attracts people to it. And who wouldn't. The amount that bitcoin jumped to last december proves hat the higher it gets the higher the demand. Though of course what goes up must come down and with a lot of people getting stuck, there's probably less demand now

Bitcoin participants have their own needs, and many think Bitcoin is the place to get the most out of virtual banknotes, but in practice, Bitcoin is being exploited by many. volume is less than in previous years, Bitcoin price on the market is also a number attractive to consumers or investors

The more people know about the features of a particular product, the more they want to invest money in it, or play on the stock exchange, besides, the distribution of electronic coins themselves influences the bitcoin rate. Now bitcoins are often advertised in the media, and this contributes to the growth of their course. But the sharp course of bitcoins depends most often on the interest of big players, who often hide behind good news, invented by themselves. That's the demand. Why not play with money? ;)

I think why is there such demand in bitcoin is because of its volatality, users can play the volatality features of bitcoin to gain profit on their investment. The popularity of bitcoin is also a reason why is there such demand in bitcoin, as we noticed bitcoin is more popular now compared to the previous years.

Bitcoin now is a tresor and everyone now who need to earn money by cryptocurrency must invest in bitcoin because his price is  high

I agree! Scarcity with the supply of bitcoins determine its price and the more and more people discovering bitcoins had resulted in drastic change with its value. Way back early part or 2017 I got a hold of .2 btc which I got from winning in an online gambling, back then when I cash it out it was just 9,000 Philippine Peso, but as of this time 0.2 btc is quite huge already when converted to our currency, roughly it is more or less than 100k Php.

Well yeah price of bitcoin is increasing more and more and yeah bitcoin demand is so high because bitcoin is now scares commodity because there is very low supply and high demand each and every year. Bitcoin demand is dependent on being a way for storing bitcoin and holding for the long time. Other thing is that anonymity of bitcoin use to attract users to use and invest in bitcoin for better future.

Yes, we can all see bitcoin's development over the past few years, so its value leap is also normal. I believe it will be even more valuable in the coming years.

first of all bitcoin is an asset a store of value that appreciates overtime, ang scarcity because ots supply is capped of only 21m bitcoin, thats what makes it in demand nowadays

Simply because lot of investors have seen the big potential of Bitcoin as a promising coin for huge gaining in which they attracted more people to learned and joined the trading and investments making the Bitcoin become more popular and strong. But today Bitcoin is now in a big issue in which the market value is crashing or slow moving that the need of more people to join is necessary to make Bitcoin become more in demand so that it would become more stable and strong once again.

In November of last year, when bitcoin was growing in price, the demand for it was just too much. Everyone wanted to buy bitcoin and get a good profit from its price growth. Now the situation has changed dramatically. Bitcoin has become slow, with hovering transactions and large fees for their conduct. Demand for bitcoin because of this and other reasons fell and the bitcoin rate dropped to 10,000 dollars and practically stands on such a course with small fluctuations all January. It seems to me that bitcoin is deliberately lowered in price and besides it is regularly launched more negative information regarding bitcoin. And this means only one thing: bitcoin will again start to rise sharply in price again. Once the defects of bitcoin are eliminated, this is likely to happen.

dont be so sure always as theres a differend when the price dumps and when it pumps,yes bitcoin has a huge price and stablished as hes the first cryptocurrency but always remembe that this is virtual money,no one holds anything unless withdrawn.so always make sure about security and assurance.

Bitcoin is in demand because of its promise to make people rich,but if you know all the obstacles in this platform coz if you dont,failure is whats waiting you

As we can see, people actually look bitcoin as investment rather than what Satoshi Nakamoto really wanted Bitcoin to be. Since people's lives have changed because of bitcoin and even have become millionaire, the demands of bitcoin rises drastically too.

There are many requirements for bitcoin for different needs. there is a need for people to have bitcoin requirements like their rules and so on, 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.

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.

Bitcoin will become more and more difficult to exploit, the total amount of bitcoin may be fixed, which leads to a bit of bitcoin supply. Now bitcoin can be a scarce product, but people are seeking bitcoin because bitcoin can give them extra income, I think this is probably the reason Bitcoin in short supply it.

many people want bitcoin today because they believe that bitcoin will increase in the future. which makes investors desperately want bitcoin because the number of bitcoin each year decreases and the price will increase.

People are interested and will invest on something that has already proved itself. When Bitcoin reached its all time high last year, It ignited the interest of many people, investors, businessmen, regular people, etc into it. Who doesn't want big profit anyways? :)

The more people believe in its value the higher the price if it that is where the notion of money comes from :)

There are lots of us who are using bitcoin and we have different types of ways in using it,
Some of us are using it for some online transaction for our business and some are using it for gambling,
And there are those who are using it as an investment and using it to make some profit from trading in crypto currencies.

Yes, people understtod that they could get a very high profit just making investments and it seemed to them something very easy. many of them disappointed in this business, but the majority are still optimistic.

yes and that can be the main reason that with the passage of time bitcoin is gaining more and more value. As time more people know about bitcoin, and they increase the demand but on other side the supply is decreasing which is causing the increase in the price of bitcoin is increase. In future we can expect that the price of bitcoin will continue increasing because of the increasing demand of bitcoin.

A lot of people are buying it because of the hype it caused, because everyone is buying, hoping to get rich someday. 

The demand is increasing due to the chain reaction, the value of bitcoins before back in 2013 is just $12 and no one expected that the value will increase to 15k dollar last december 2017. The main reason is the value in the market of bitcoins that's why more demand is coming on bitcoins from investors.

Media is a wonderful tool for making the whole scenario best. But now a days they are just affected by businessman and political factors that don’t report truth. Like about batons, all these fusses and roamers, only media is hyping this for no reason except the owners have got some gifts from the opponents of bitcoins. This is dilemma of the time and it must be working for the right thing.

People are really interested in investing into bitcoin because of its amazing market prices and trends. The way it increases in value after every dump is highly attractive for investors throughout the world. there is no need do anything that harms bitcoin market because in this way we are going to badly affect our own income. Those who are using bitcoin for wrong purposes are surely going to regret soon.

I think cryptocurrency and specially bitcoin is witnessing high demand due to the fact that bitcoin price is now above what speculators predicted earlier and at the same time the capacity of bitcoin to sustain it market value is another thing that has draw attention to bitcoin in the recent time. Most speculators term as a bubble but bitcoin is very effective and capable of transforming the financial system.

Well it’s worth a lot right now so no shit there’s demand for it. Less supply and good demand = good price

BITCOIN sucks dick to do payments though with the apeshit fees unless you happen to use the segwit wallets

As long as anyone who understands bitcoin knows that bitcoin is worth investing, its return on investment is high and everyone wants to make money, so there is a demand for bitcoin, whereas the total number of bitcoin is fixed, and now bitcoin becomes more and more difficult to mine, most of the bitcoin has been mined and it becomes harder to mine a bitcoin, so the high bitcoin demand represents ever-higher value of bitcoin.

Well no shit that’s the entire reason it has demand, if there’s profit in anything there will be demand for it

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 & perfect.. Bitcoins are being mined compared to the previous years than now, otherwise what's the point from the block halving.

We all know that bitcoin value was so very expensive, so in that case I think that because of that expensive value of bitcoin many people are investing with it and also many bitcoin users will use this as an advantage to create a money or profit by the investments of others. But sometimes the bitcoin users is also the investors. In conclusion High Demand for bitcoin is beacuse of its expensive value. :)

I think it is because of the way bitcoin had boomed and everybody wanna take a piece of the pie, since bitcoins price went up substancially, more people got curious and rushed in buying bitcoins for themselves, I think that is the main reason why bitcoin is so in demand, again, that is because bitcoins price increased so much last year. I cant blame them, it has been very shocking that bitcoin increased its value so much.

Bitcoin's value is so expensive. because of that value of bitcoin many peoples investing in it. Bitcoins demand coming from different types of people, investors, gamblers, peoples who want to way out of banking systems. and in these area bitcoin is better compared to fiat money.

I think the real value in bitcoin, and any fixed supply crypto is that its hedged against inflation. $100 for our parents went a lot further than $100 does today because of how much extra money has been printed over the years between. The beauty of bitcoin is that the amount being printed is not only limited but completely capped, therefore the investment made now is inherently worth far more in the future simply on that merit alone.

As long as the technology continues to flourish and we don't see quantum computing in the next decade, we should find this to be one of the best investment opportunities of our lifetime long term.

That is most awaited moment if that time will come many people will rich. In my own idea the reason behind of the highest percetage of demand it is because of the needs of people. Everyone wants to earn and bitcoin will provide that needs.

Many have earned on it And hearing this others also want to earn so information grows and people are interested more and more.

The same thing is branded things, precious diamonds. They are expensive as long as there are willing to buy it. Demand creates supply. The same can be said about bitcoin.

Why is there such demand for Bitcoin?

Because of the increase in the price of Bitcoin and because of the ease of dealing in the Bitcoin during the sale and purchase, Bitcoin currency is now better than gold and silver and directed by investors and others to buy, which led to increased demand for it and the investment Bitcoin better than any investment has seen people and there are many people who entered the door The richness because of this is what prompted the public to invest in the initiative and the circulation of digital and digital currency in general is much better than banks and the intervention of governments, in that transactions became more secret and speed.

Bitcoin is the best investment that exists now. Therefore, all eager to grasp at least part of it. And its popularity is only growing with each passing day.

Bitcoin makes it possible to make good money by having only one computer and a certain amount of money that you can afford to invest. You do not need special education. This motivates all people to buy bitcoin.

At the moment the demand for bitcoin is very high in the market only because of its popularity and has the potential of the big ones as well. People today just want to get more and more income and that's the main reason why they are interested in bitcoin. This gives a huge advantage to investors. Demand is directly proportional to their supply in a limited market and has a huge demand as well. 8)

The demand of bitcoin is based on the chance to become rich. And that's just because lot of people already did it.

Since the last bump when it hit $20,000 it become a global thing, it got the eyes of every one on it, was the star on the markets. And what happen after the crash? more people want it because some of them are sure it will hit more than $20k this year. If you but now at 11500 and sell at 20000, there is some profit on that move.

The reason for the demand is the rapid increase of value, which is caused by a high demand. I personally feel that most new investors are really here only for the money, they don't seem to care about the inner-workings and the way Bitcoin solves problems. Luckily this also brings people that came for the money, but stayed for the technology. Maybe that's what causes the new stable bottom value, who knows.

Now about 16 800 000 bitcoins are mined, about 6 000 000 are considered irretrievably lost. Indeed, the number of bitcoins is limited and this causes demand for it. However, the reason for the large demand for bitcoin is not precisely this. Bitcoin is growing too fast in price and attracting even more attention of investors who are looking to buy bitcoin in order to get a good profit from its price growth. This, in turn, further stimulates bitcoin to increase the cost. That is, there is a vicious circle with demand and price, which is otherwise called a financial bubble.

Because bitcoin-backed communities are the largest of all crypto in the market. With a population of about 7 billion people, the number of bitcoins is so small, which makes the bitcoin scarce and contributes to the incremental value of bitcoins each year. I think investing in bitcoin is the safest investment in the cryptocurrency market.

Because bitcoin has gained so much popularity over the years. It has been proven to give a large amount of profits for those who have invested in it earlier and more and more people are buyingm hoping that it will give them profit in the future.

Bitcoin has heen establishing its name over the past years. Cryptocurrencies are viewed as the future of money and of efficient online transactions. Having a bitcoin also is a good investment and a reliable source of income whenever bitcoin has its good standing.

The development of bitcoin is very rapid, only in a few years, bitcoin enthusiasts grew. Bitcoin is a digital project that has good prospects in the world economy, where people can transact instantly without any time limit with one technology service to transact blockchain technology that connects everyone in the world to transact. No wonder that bitcoin whose supply is limited will be higher each year as demand outstrips supply, that's economic law.

Yes it is, bitcoin is mysteriously get more demands every year to year.
it is no wonder that bitcoin price increase over time despite there are some correction time.
But i think bitcoin demands will increase much more.

I think one of the main reasons why there is bitcoin demand is the news that it's a very good investment where anyone can earn huge interests. After buying bitcoin one can just sit and wait while his money grows.

I think there is an increasing hype and interest in cryptocurrencies. Digital currencies seem to come really naturally to younger people, but there also seems to be a genuine demand for a stable store of values especially in more developing nations.

More and more people are engaging into bitcoin everyday. Why? Because they also believe that bitcoin has a lot of potential and they want to experience the benefits a person can get when they started using bitcoin. With those kind of advantages people are getting interested with bitcoin. Because as mentioned above even you just hold your coin you can get a lot of advantages.

A high demand on a product indicates that either people want it badly or they need it badly. Bitcoin experiences the same situation as its rising popularity not only in the market but also in the internet made it  a big internet star, and now because of its popularity and value that one cannot ignore many people wanted to invest. Therefore increasing the demand on bitcoin.

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I think the demand is high because of the value of bitcoins. See, the value of bitcoins can increase by tenfold in a matter of a week. When that happens, the demand really spikes high because of the sudden increase in value which I think is controlled by bitcoin whales.

Year on year the number of bitcoins being mined waa reduce to half of half of the previous year. if last year mined bitcoin was 100btc this year it would reduce  to only 25 its half of half i watch this in one of the documentary movie about bitcoin. that is why year on year its getting fewer bitcoin are being mined

Because of the huge demand for Bitcoin, I say Bitcoin is a currency that has existed for many years now because it is now becoming an official currency so there are so many requests and there is not a rising currency.

I think bitcoin can be widespread now like social media campaigns with crypto and bitcoin currencies as the market leader so that his fame is growing rapidly. Coins that have made millionaires and many billionaires so everyone wants to buy as much as possible. 8)

Hahahah valuable thing is always in high demand Cryptocurrency like BTC is one of these things which grew rapidly and today has become a name of trust in Crypto Market because it possesses high risk and higher return.If you study history of BTC it would console to your heart that after continuous crashes it never turned to zero or completely diminished,this feature of BTC make it praiseworthy.2017 can be quoted as a good example for higher return for its investors.Still after plummeted price since start of 2018 its price is increasing on daily basis and is stable between $10000-$11000.Due to these facts people think that investing in BTC would produce higher return for them,thats why its demand is increasing due to which price is also increasing.

There's so much demand for Bitcoin because people nowadays buy Bitcoin just as a store of money, they want to increase there money quite easily so they invest in Bitcoin and the more people come to know about Bitcoin the more there will be demand for Bitcoin.

Bitcoin bring intrigue to the society and the more we advertise bitcoin and more people knows about it, more are wanting to have it. With millions of people around the world that wants to have bitcoin, that is the mean reason why value raised so high. Scarcity contributed to the rise in the price of bitcoin. law of supply and demand as we call it. The more we advertise bitcoin the more expensive it will become in the future.

Bitcoin is awesome. And why there is a lot of demand on Bitcoin ? Simple. They want to earn money through Bitcoin ;D

Why is there such demand for Bitcoin?
Of course, the most important thing that immediately attracts attention is the crazy growth from the price of $ 1 to $ 20,000. Huge demand is also supported by the opinion of many specialists about the cost of Bitcoin in the near future at least $ 50,000. These are the main reasons for this demand, but of course it is important that Bitcoin has no boundaries - I can transfer any amount in crypto currency to any point of the earth within a few minutes.

It is very demand because of its volatile and takes you to the fullest. Because if you invest a money it will return a higher value which is called profit. A lot of capabilities to earn coins in BTC . Through signature campaign its very demand of the society because of no money was given.Bitcoin was widespread in all over the world but its up to you wether you grab it the opportunity .

This is because developments such as hard forks complexify the crypto-currency universe. They roughen and texturise so it is less planar and vulnerable to simple fracture, less susceptible to damage and more likely to benefit from shocks, as action will be taken to adapt.

There are more demand simply because bitcoin is more popular  now than before.  Demand increases because the investors and users increases too.

As days passes by many people are believing in bitcoins future. Many people invest and hold bitcoin for many reason. They see that bitcoins value from the past year never fail. It is also the law of supply and demand effect, many investors adverstises bitcoin to people because of its huge growth for the past year. Bitcoin will never die as long as people are using it and I thinkn it is were going to be.

bitcoin demand increased day by day.because more people come and invested this BTC. after some time they can got more profit compare to other businesses. in 2010 BTC price $1. but now BTC price is $10k.

As the times goes by,  the increase and value are getting higher.  Many of the individuals are getting educated about bitcoin. More investments and holdings are happening because of the growth of the investment. You small amount of money may increase as you do investments. That's why the demand is pretty high.  The attraction concept of bitcoin is true and the same time easy and effective.

what kind of request for bitcoin?
Want rich with bitcoin?
it could be but it's all there is business, like we do bounty or look for altcoin so we get the money, or the simple way we invest bitcoin and just waiting for the results that are profitable for us. :)

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.

Bitcoin is like a locomotive for whole cryptocurrency market but there is need a time for the growing tendency to switch to altcoins. Some of them are growing yet but many are still at the time. They will go up.

Now Bitcoin is growing and time to buy in order to earn and live well

The continuous growth of demand for Bitcoin is not very surprising at all. During the early years of Bitcoin, only a very small number of people know what Bitcoin is and still the price is increasing.

Because as countries gradually accept the bitcoin, and the amount of the bitcoin is certain, so also should be the bitcoin prices, because demand is far greater than the number of bitcoin new mining, and mining costs, has increased, so the bitcoin price will have been increased.

Bitcoin prices are increasing at a rate that people are more prone to Bitcoin. People keep money in the bank with some profits.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.

This is the reason why there are a lot of people who are regretting not to invest on bitcoins when it was very cheap before and now they are all working hard in the market to earn bitcoins so lets just believe that bitcoins has a bright future because it really does have.

People have seen others accumulate great wealth from the coin and want to replicate this. Some believe in it's long-term value as a worldwide currency. Some want to trade it like stocks-on-steroids. Some find it more convenient than using fiat. The list goes on, it has a multitude of benefits for many people.

I am a newbie and so don't know the exact reason for it. please do explain anybody

may be their is a hike in price of electricity that is causing difficulty in mining btcs and making them costly

In that area i agree thaat bitcoin is better to use rather than fiat.
But in reality life, nothing can replace fiat as the payment tool which has been exist for much longer time than bitcoin. Bitcoin also can not change fiat.

There is demand in bitcoin because there are many people invest this rather than banking cause they earned a lot money here.people also think that there is great wealth from it.

people are racing to buy bitcoins before bitcoin supplies run thin or even run out. because when supply is running low but demands still high, then bitcoin price will be more expensive. that's why people still have a great interest in bitcoin, because they hope to get a big profit.

Most countries with strong economies, notably,Japan Denmark, Sweden and some States in the USA are accepting Bitcoin and this drives its demands higher as many people are now willing to venture into the trade.BTC was initially thought of as a scam but the acceptance by the countries with strong economies has soften peoples stand on BTC and most are now more willing to put their money in it.

The mineworker side is essentially soaked with those that as of now benefitted with some other hurrying into with existing and more up to date fixes, still this remarkable isn't all around advocated at its present cost. I think what contributes is the idea of bitcoins for being exchange capable and interchangeable into fiats, alongside medias announcing how well bitcoin is getting along and why they should join like a kind of gold mining surge, and soon enough individuals are settled down, with their benefits here and considering the digital currency environment still youthful and unregulated. We are expecting benefits and the request would proceeds for a considerable length of time until the point when a splendid future is seen.

Bitcoin can be said to be a scarce product. When the same thing is supplied little and valuable, one can imagine that everyone wants to have such a scarce product because of its high value, so the demand for bitcoin has always been high.

Yes, it was half. Before I mined bitcoin 42satoshi in /24hours but now I mine 25 satoshi or less in 24 hours. I also invest in the bitcoin and I am happy to see that the bitcoin is rising its price again. Bitcoin that is used in the darkweb is much expensive compare here in the surface web.

this is the greatness of bitcoin is increasingly increasing in price, and will make people become rich, with more and more people adopting bitcoin, we should be grateful to santoshi nakamoto, thanks to our life for the better.

There is such of demand of bticoin because more and more people are using this. We all know the law of demand versus supply. That if the demand goes so high the supply must follow thru. In the case of bitcoin, because the supply of bitcoin is so limited and the demand goes high its value will be affected. Some of people are happy when its value goes high because the value of their bitcoin will go high to but some also are getting sad because they can’t buy bitcoin for their transactions because the value is high. So the real question here is are you happy because the demand of the bitcoin goes high?

There's a demand for it because there is money to be made, the more promising the "investment" plan looks, the more demand it has. Let's be realistic here, what percentage of Bitcoin users actually use it for practical purposes such as purchases and so on? Most of us treat it as an asset, to make money and nothing more. Bitcoin and generally Cryptocurrencies have large profit margins, hence their increased demand.

The main reason which I think is that it makes u wealthier very quickly and help u to get financial freedom .

The  reason why there's such demand for bitcoin is because of the increasing number of people who believed and invest in bitcoin.

Because people see the result of investing in bitcoin. As well as great prospects for the future.

All people want to make good money, and bitcoin provides this opportunity to everyone. Therefore, such a crazy demand.

This is because Bitcoin is the platform to earn money in a very short period of time.Since it is the leading cryptocurrency in the market,more and more people are attracted towards it by seeing the profit margin it gives.It is the best option for investment purposes as it gives a huge amount of return in a lesser time period. The sognature campaigns are in easy way to earn Bitcoins. To store Bitcoins you need to have a bitcoin wallet.In this you can store any amount of Bitcoins and there is no limit. Taxes cannot be applied on it show the profit returns are full.

Do you know investments better than bitcoin? For example, I don't know. Moreover, this is the most reliable investment. All people understand this and want to have at least one bitcoin.

Bitcoin allows you to earn very good money through a simple investment. You can simply purchase it and do nothing with it other than safe storage and you are already earning.

Because the benefits of investing in bitcoin are obvious. Hundreds of investors have already paid off the purchase of bitcoin and they get a net profit. And the prospects for price growth are impressive.

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.

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.

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.

Yes. Bitcoin is a new kind of business which is give a big profit. The profit from btc investment is huge. Bitcoin also help the people to make the person rich and change the life

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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

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.

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. 

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.

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.

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.

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.

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.

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.

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.

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.

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.

But i think it's just a small number, the rest are using it for payments, trasnfer money or investing in some projects so actually there is no speculations in Bitcoin at all.

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.

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.

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.

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

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.

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 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

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.

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.

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.

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

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.

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.

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

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

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.

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.

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.

Everyday many people join btcs even some

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.

There is very high demand of bitcoin beacuse everyone want to become rich in less time and bitcoin helps us in this.

Bitcoin is the most valuable digital asset, bitcoin users spread evenly in different countries, with a very high need of course to attract people interested to invest into bitcoin and this is what makes bitcoin demand continues to increase.

and this is only the beginning ... thanks for the information, be sure to get acquainted with the details)

Right now, bitcoin is good investment. Many people gain profits more than 1000% last year. For early bitcoin investor or early adopter, they must be spread the word about bitcoin and attracting people to join and investing their money on bitcoin

Bitcoin supply is limited and demand is very high so day by day its value will go up as demand trend go up so Bitcoin is world most famous investment coin at the moment but due to some FUD news it is still at low value as soon as Bitcoin become legal all over the world specially in richest and most population countries its price will then uncontrolled.

There a lot demand for bitcoins for a simple reasons that bitcoins gives hope to everyone whose into this community. theres a lot of testimonies that bitcoin really change their lives from being poor to have alleviate  their ways of living. A lot of bitcoin investors acquires a big returns on their investment that makes bitcoin so in-demand-able to all bitcoin enthusiasts. Since, bitcoin users benefited to this cryptocurrency, more and more people wanted to experienced what have other bitcoin users experience in life.

I would like to say my thoughts about the commission when translating Some call it taxes taxes on Bitcoin but what taxes If you are not bitcoins of the official currency.

Bitcoin is a unique asset. This is a revolution in the world of payment systems. It's like the appearance of the Internet. Every year it will become more expensive.

there are many cryptocurrencies in the market but the bitcoin is the only tried and tested cryptocurrency that's why it is so much in demand.

Crypto currency is a new resource, which, of course, attracts new investors. If we divide theoretically the number of bitcoins that can be namayeny, and this is 21 million for modern GDP, then the rate can be 4 million dollars for one bitcoin. It's tempting.

$ 4 million is the potential limit of the bitcoin rate, assuming that bitcoin is becoming the world's main currency, serves the entire global economy. It is fantastic.

bitcoin is becoming increasingly popular around the world, the news is widespread both through social media and television. Bitcoin is also a crypto market leader and a reference to altcoin. Bitcoin provides many benefits to its users, and many create new millionaires. The supply is decreasing, while demand continues to increase. then it is only natural that many people would buy it to benefit from it.

Because everyone is trying to seek the financial freedom that comes with investing into bitcoins ans making profits, others because of its decentralization and anonymity so that they can clear their paths when doing a business transaction.

Because this new technology gives a lot of benefit to the users beside on the fact that many of us want to earn there some features of bitcoin that very love by the community like having a faster transaction the mode of payment is unique we can send it directly to the wallet, decentralized form and we can send anytime anywhere as long as we have internet connection that's why the demand of bitcoin is growing everyday.

What do you want? Growth bitcoin is determined by the demand and suggestions of people around the world, as long as the trend goes, it will grow

Bitcoin demand is very high in market just because it is very popular and it has a great market potential too. People now days just want to earn more and more and that's the main reason why they get attracted towards Bbitcoin. It gives huge profits out of it to it's investors. The demand is directly proportional to the supply, Their supply in market is limited and thus having the huge demand.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.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.

the reason behind the high demand of bitcoin is not far fetched. there is future in the coin and it has pass the test of time.and on a daily basis even with some developed countries planning to adopt bitcoin, it gained more popularity in the market and gradually becoming more relevant in the economy of the world.

There are so many reasons due to which the demand of the bitcoin is increasing very much significantly in the entire world. The most basic reason behind this is that awareness of the bitcoin and crypto currency is increasing very much and because of which the interest of the people towards investing in it is increasing very much and that is resulting in increase in the demand as well as the market value of the bitcoin.

Bitcoin demand is high because many people find it very profitable. From $0, its price in 2009, it rises to $14k usd in 2017. With its continuously rising price, people got interested on it hoping to gain big profit.

It actually grew up to 20k$ last year and i agree that many seem to have found a safe investment avenue through bitcoin and are thus doing all they can to invest and profit from this virtual currency. The volatility of bitcoin is quite a big risk to take as an investor but if things go your way its a better investment than anything else.

Yes there has been a rising demand for Bitcoins. The reason lies in special features of Bitcoin software and underlying concept. Some of the special features are:
1. Limited supply
2. Divisibility
3. Decentralised
4. Bitcoin Mining

Bitcoin has the track record of value increase since it was developed and it has made so many people rich. Bitcoin is a first popular digital currency that is making headlines every day around the world. The demand for bitcoin is higher than supply because bitcoin has a limited supply which is 21 million, so this will further make the value increase.

Yes the increasing price of bitcoin and the profit that bitcoin has already given to people can be consider as the reason for the increasing demand of bitcoin. In fact bitcoin has the ability to make people more rich if the price of bitcoin goes up, which is more probably will happen in near future may be in next few week, that is why people have again started investing money in bitcoin.

There a great deal interest for bitcoins for a straightforward reasons that bitcoins offers plan to everybody whose into this group. theres a considerable measure of declarations that bitcoin truly change their lives from being poor to have lighten their methods for living. A considerable measure of bitcoin financial specialists secures a major profits for their speculation that makes bitcoin so popular ready to all bitcoin aficionados. Since, bitcoin clients profited to this digital currency, an ever increasing number of individuals needed to experienced what have other bitcoin clients involvement throughout everyday life.

People are getting to hear more about bitcoin and understanding how bitcoin can make one rich.with the fact that no one will not want to be rich, even the rich wants to be richer. They took interest. And for the fact that there are many jobless youth in the world. Some are willing but couldn't help themselves. And with bitcoin the problem is solved.

Also, a strong argument against bitcoin in the issue of the security of your virtual money with the loss or theft of a coin to you no one will return because it is not possible for someone to prove something and return.

From the moment of appearance on the crypto-currency market and up to the present day everyone is watching the significant growth of the first virtual currency. And often the question of whether to buy Bitcoin or not, simply does not even arise. But this approach can not be considered correct in all cases, without exception.Initially, when Bitcoin was only being created, the limit number of its coins, which could be issued - 21 million, was clearly defined. And it is not difficult to assume that with such an active currency mining, very soon its issue will come close to this indicator. What happens after this is unknown.

Because people needs easy money and earning bitcoin will give that opportunity to us despite the fact that bitcoin is not stable on price more and more people, especially investors are getting interest in it. Of course bitcoin is also a good, fast and alternative way for money transaction.

The high price of Bitcoin is dictated by its demand for some reasons, most likely people buy Bitcoin mainly for investment while others buy BTC to be used as payment, the main purpose of buying BTC.

Because of people are trying to bypass the tax and 3rd party in a transaction, they choose to get paid and pay via Bitcoin.

a lot of people are enticed and interested with bitcoin investing because of the high profits one can get through investing. And there are people that are interested with the technology behind bitcoin's creation so they invest in order to support it. And there are people that invest for tge future, they think bitcoin would be the future od currencies and so they don't want to be late in line.

I think it is because of the high possibility of your coins growing to yield very high profits in a very short thing. And also it's a decentralized currency which is what got me interested.

because the value keeps increasing

The indigenous demand is built from it creature a habit to heritage funds and a mannerism to send funds anywhere in the world without relying not far and wide off from a bank or meting out. It appreciated through the years which make it more tempting for people to invest on the subject of a decade now into the future bitcoin was introduce and for a long era it prove to be a pleasing asset to reserve this most likely the defense why taking place to this become pass-fashioned the request of bitcoin continue to ensue.

There a good deal interest for bitcoins for an easy reasons that bitcoins offers arrange to everyone whose into this cluster. theres a substantial live of declarations that bitcoin actually modification their lives from being poor to possess lighten their ways for living. a substantial live of bitcoin money specialists secures a significant profits for his or her speculation that creates bitcoin thus standard able to all bitcoin aficionados. Since, bitcoin shoppers profited to the present digital currency, Associate in Nursing ever increasing range of people required to full-fledged what produce other bitcoin shoppers involvement throughout lifestyle.

Therefore, there is no financial confidentiality in the full sense of the word in the Bitcoin block chain. If you do not make changes, this can be cause for concern.

Why is there such demand for gold? Similar to bitcoin, there is only a finite amount on earth - not all of it has been mined yet but it's getting harder to mine than it has been in previous years.
Other than gold's function in circuitry and maybe it's antibacterial function as a filling in your tooth, it's not all that functional. It's main quality is that everyone agrees that it's worth a lot, therefore it's worth a lot.
Bitcoin is similar in that it is only valuable if everyone agrees that it's worth a lot. It's not the fastest or cheapest for transactions, it's not anonymous and it doesn't have built in smart contracts, however it's the one that most people agree will hold it's value.

As bitcoin is the king of cryptocurrency, so it has been getting a lot of investors attention. Its popularity has been increasing rapidly.

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.

"That’s the value of the system: the hard work of developers, the code written that turns it into a living, growing, adaptable and self-healing thing. New forks need new programming and security, which makes the system more sophisticated. This adds value – and price rises in response."

I agree with the quote of the article. I would like to add a little bit of my opinion that the hard work of the development team that makes the bitcoin system (which uses blockchain technology) provides something other than the others, offers a system that has never been owned by anything else. from that then there is a public trust in bitcoin. in addition to limited stock, the existence of this trust (that bitcoin has value) then comes the demand.

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,.

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.

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.

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... :) :) :) :) :)

Bullshit. But it sounds great.

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.

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.

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?

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.

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.

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.

There are some reasons why bitcoin is being in demand. It's getting popular and a lot of people are starting to get interest. They find bitcoin as a source of income and can help them to make extra profit. Other thingreason is that bitcoin can be used in internet transaction where a lot a people wants to be a part of. People nowadays are being techie and bitcoin is just one way of doing it.

  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.

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.

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.

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.

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.

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.

We can see in the chart that as the introduction of altcoins come to the masses, the amount of bitcoins that are mined gets lesser and lesser. Still it is not something to worry about as the demand for bitcoin still continues to rise exponentially even with the said decrease in amount of bitcoins mined. I think this is because they are planning to crowdfund  bitcoin to make it a very superior purchasing tool in the near future.

because more and more people start getting to know and buying Bitcoin. It's still the beginning of bitcoin and it can only grow from where it is right now. Let's see what following years will bring

Because Bitcoin are popular website any member it's upload file  and user business promotion and any problem solution .


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It would be because there is such great potential when it comes to making money from bitcoin and more and more people are starting to notice this so they are all getting on board. Also bitcoin transactions are easier, faster and more efficient than conventional methods of sending and transferring money which is also an attractive feature about bitcoin.

Because its demand is very high and it is limited, therefore everyone wants to get it.
And this is a good way to make quick money, so bidoin is so demanding.
I also want to earn a lot of bitcoin.  ;D

Mostly since people are now familiar with it and want to become rich.  Most don't care about it's technology.

There is such a demand for bitcoin because bitcoin is very helpful to many people especially in the finances of many people.In bitcoin someone can make their time and effort so very productive using the less of their time and they effort they can gain and earn so much money.

https://bitcointalk.org/index.php?topic=2407787.msg33725551#msg33725551
Some percentage of investors are not even expecting for the great profit. They are interested in Bitcoin as it is the decentralized crypto that is used by all exchanges.

Number of Bitcoins increase means supply increase due to demand increase that results in the high value of Bitcoin. Demand of Bitcoin is increasing with the decrease in market value because the reason behind is the easiness for people to afford Bitcoin at low price so that they invest with huge number of coins that will give them the outcome which will be very huge as the Bitcoin is bought at low price and now selling at high price so automatically the investor is in profit.

Bitcoin is the number one cryptocurrency.It is capturing the market and its spreading its roots.It has established itself from the last nine years and has gained a lot of users.Bitcoin is a very good platform for earning money.It is a blessing for those who are jobless and are in need of money.Many people do not like banks and so they like to store their money in the form of bitcoins in their bitcoin wallet.Investing in bitcoin also leads to a large profit margins.Transactions through bitcoin are also very smooth and fast.

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Such crazy demand is not surprising. Bitcoin does not just give hope to earn, hundreds and thousands of people have been able to get real benefits.

Because bitcoin gives such prospects which any investment project can't give yet. And these prospects  real that the most important thing.

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.

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.

because bitcoin has become a highly profitable investment business. if we have bitcoin since 2010 then now we have become new rich people. the limited number of bitcoins makes the demand always more than the supply hence every year the bitcoin price always tends to rise.

because after every trx bitcoin is getting burned and due to loss of so much private keys, demand is ever increasing because it is father of all currencies and it is base currency of all exchanges over the world