Bitcoin Forum

in my opinion, this is what happening right now as the trend of bitcoin price has been sky rocketing.  what do you think affects the price increase of bitcoin today?

Mostly speculation. People are buying bitcoins and expecting to make money when they sell at a higher price.

they won't buy bitcoin if they don't know what it is. considering nowadays a lot of big global media reports about how the price of bitcoin reached 10,000 USD makes people curious and start make a quick learning then decide to make a speculation to invest.

the point are indeed the popularity push the demands , it could keep growing for at least in the next few weeks.

Yes the more the demand the higher the price.That is what my opinion is.And as for now I cannot buy bitcoin for it value.As of now it is so high.I am afraid that it would easily go down too.

I think i should agree with that popularity dictates demand.  As people gets curious, the more they wanted to know, the greater chance they get into Bitcoin world results to greater demands that leads to higher Bitcoin price which means profit to all investors.

After bitcoin is well known crypto currency worldwide bitcoin has a large use for transaction. For me this is why bitcoin pumped
Up of today's price because of popularity, demand and the usage. Including the investor's thats more hitted the value of today's bitcoin price. With the help of this said event. It dictates the situation's between Bitcoin price.

I agree, the higher the demand the greater the value. The circulating bitcoin in the industry is limited so the value have to ho higher as there are many people becoming curiois and interested in btc.

There's no simpler way to explain it. The more bitcoin rises in value, the more people will get interested and invest. It's a cycle. When there's bulk selling, then the price goes down and then people will buy in again raising the value once more

Yes, bitcoin is gaining huge popularity each and every day and that is giving it a serious bullish push and without doubt it would keep giving it further push as we enter next year. I would not really say most people really have the full understanding of bitcoin and which is why little spikes like this have been followed by huge drop in price as a result of FUD.

A lot of investors these days with the speculations going on are seeing bitcoin as a means of investment and that is all they know without even considering the risk.

And you have based this off of ?? What? Random guess? Lots of newbies around? The price being 10x in a year? Why would you say that without any facts to back it up? I'm in bitcoin whether the price in fiat goes up or not because I believe in it as a currency. You can't generate more bitcoin out of thin air like you can with garbage government created bullshit fiat.

1. The demand and supply rule
2. The popularity
3. High gains over time
4. Adoption of bitcoins in most countries
5. Hard forks
6. Tremendous growth
7. Possibilities of earning part time
8. Easy to use with little or no documentation
9. Future investors like CME bringing the crowd in
10. The limited blocks bitcoins posses that can literally increase the price thus people are holding for the moment when it reaches millions.

Actually, the way demand & supply works is just exactly what gabmen said. The popularity brings people and get interested to it, the amount of supply of bitcoin stays the same 21 mil.
Therefore the value could just increase and just imagine if 100 million people using bitcoin, and everyone want to hold bitcoin as much as possible.

Yes.The high media exposure has created awareness about bitcoin among more people.So,they immediately try to know about bitcoin and start investing in it.

Also,CME entering bitcoin market has made thousands of new accounts got created in coinbase.It means more demand for bitcoin.This effect may continue more for even one month or more.

If any new developments occur at that time,bullish trend may even continue for even more months.

In short,we could say that there is more probability for bitcoin demand to increase here after.

in my opinion, popularity means increase in value because when a certain object like for example GOLD is in demand. suppliers will have the guts to increase its value so that they could obtain more profit since even the value increases they know that it will still be in demand and consumers will buy it regardless of its value increase.

As bitcoin keeps breaking new barriers of price, it is super normal more people get curious and interested to invest on it. More people buying, more volume, more profit incoming and this happens with every single active.

It's not just that. If what you are saying is the only reason people are buying, then we would be in the bubble many people still talk about. There is a huge hype around bitcoin, and a lot of it comes from emotions and speculation. I won't argue with that. But let's not forget that bitcoin has real practical use, so there are a lot of people buying because they know bitcoin has all the potencial to become a new store of value asset, and if you compare it to other assets on the same category, like gold, then you must agree that bitcoin price is still very small, and it has great investment potencial. This of course is still speculation, and it could go wrong. It all depends on how regulation is done, and how investors will deal with it, but I it's not just "popularity" with no actual potencial that justifies it's popularity.

Of course, and.. the positive value of bitcoin enhancement is evidence that bitcoin still has an increasing valuation in the eyes of the world community. The volume of bitcoin trade increases in value, this indicates the strength of bitcoin as currency and also asset.
and so bitcoin is considered to have sufficient strength to last for a long time.

The demand is what is driving the price of bitcoin and the high the demand the high the price. This is the law of demand in practical and this law is also law of economic!  Many people are becoming aware of bitcoin and others cryptocurrencies and since bitcoin provide many advantages that others form of currency could not provide many people like to use it. I think we still have a long way to go since blockchain technology is still at the developmental stage in the area of acceptability and we should hold what which we have as there is no end to this bullish momentum.

Advancing technology plays a role on bitcoin popularity and affecting its value. As years passed, new technologies emerge and human tend to utilize it in order to have and efficient life. In the past years, money was then in the form of carved metal coins, then paper money and then came credit cards and atm cards, now its the bitcoin. Imagine carrying different types of currency  your pocket worth 1 million as opposed to that same amount accessed thru your phone.

Yeah, this has become a circular trend! People turning to Bitcoin because it's price is increasing, which in turn increasing demand, demand raise buy walls, buy walls raise price, which in turn again increase demand!
So this is what actually happening right now!

I'm new on this world and i think the same thing, if we have more people interested on bitcoin we will have more demand, if we have more demand with the same offer, the price rise rise and rise, the only thing that can "kill" the bitcoind is law and the ban of bitcoin and crypto on some Nation.

It's natural that high popularity of Bitcoin also increases the demand. And popularity is determined by price, that is why we see so increased interest in Bitcoin lately.
But what I ask is if the high demand also means the best for Bitcoin, is this a progress or it can bring some problems along? Is Bitcoin technology ready for such sudden increase of users and could the issues that emerge because of that be overcome?

I would be more worried not about high price but about rising popularity ob bitcoin which will for sure bring some 'threats' to current bitcoin position.
Of course, I am talking about bitcoin legalization and I am sure that governments and tax agencies are monitoring the situation, and will enter the scene at any time now.
For now, bitcoin is kinda situated in grey area - you own BTC you sell BTC, trade it and you technically don't need to pay tax if you don't want to. I expect that it will change soon.

Bitcoin demand is dictated by the media and mostly by speculations people are rushing to buy bitcoin now because of the news that bitcoin price is now above $11000 and they action will result in the steady increase in price. Bitcoin in recent time has been in the news for it ability to sustain steady market rise and that has attracted new investors into the business, so at that bitcoin price will continue to rise.

Well you already answered your own question by saying that more demand increases the price?? I guess you must mean what effects demand and I think the main increases in demand right now are caused by the futures markets that are opening up as well as the increased level of interest in bitcoin due to widespread news of 10k being breached.

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I personally would say its a combination of several things happening and not only about popularity because bitcoin is already popular with lots of people knowing about it already but they choose not to act or the percentage that act in my opinion, is not enough to command the increase in price that is being witnessed. In addition to that, a lot of current players are putting in more money in areas of workable ICO projects and the forks that is happening every month.

As Bitcoin spreads more people, we can hear user errors, because new users will try to load user errors they have made into Bitcoin. An increase in Bitcoin's popularity may lead to an increase in price, but there will be no increase in quality.

I think reason of growth is....Mostly trend...supply being limited & demand is increasing vigorously. People take Bitcoin as a investment instrument which gives much better return than any investment scheme that too without any efforts. As Demand is inc. price is growing. This attract new users to invest in it that leads to inc its market cap then again price rises so its just a trend going on...

Well I agree with you when something reached to the high price so its mean demand of that thing is very high and that is something going to happen with bitcoin now a days because bitcoin is one the favorite currency in market and its price is also very high and transition are very easy and fast these qualities bitcoin take it to the sky and next year is one the good year for bitcoin it's price is going more high then before.

Bitcoin has had a huge advantage by being the first successful cryptocurrency. It is recognized more worldwide than an ofvthe altcoins. It is the defacto face of cryptocurrencies. For this reason and because it has survived longer, it will hold value. The rest of the cryptocurrencies have to compete with each other to survive and find their place in this economy. Most people buy Bitcoins first before expanding to other altcoins.

Actually an increase in bitcoin's popularity leads to decrease in quality because as of now people tend to buy bitcoins and hold it while few percentage of investors will mine bitcoin. In this kind of scenario, the outcome would be more unconfirmed transactions per day cause by limited miners and increasing demand in transactions.

It doesn't mean it is popular the more demand it will get to the majority of people, it is more on positive and productive demand that makes people drive to buy and invest in bitcoin as some of the people didn't really understand what bitcoin really is, they know it is digital currency of just like a stock market trading that's why when bitcoin decreases its price for up to 20 - 30% (which is normal thing to a cryptocurrency) they lose some money then triggers them to accuse btc as a scam, well they are just the minority of individuals who are just hyped and newbie to this world the trend and the knowldge about btc are spreading like a virus to the world all because they want to get in and ride the rocket.

Well obviously, if the bitcoin is more popular and the demands is increasing it means the price of bitcoin will get higher, then it obviously means more money and that is more profit for me.

When people buy bitcoins in order to keep the coins the number of transactions is reduced. Imagine the number of transactions if bitcoin will be used in the trade. It seems to me that you need to prepare for that number of transactions will increase significantly. Need to increase the block size. Not do without it.

Ever since bitcoin had bee popular, the demand went high as well. A lot of positive feedbacks and reviews had been circulating around and that leads to greater demands in the market. And also because it is trending too, most investors now of bitcoin are very young so whatever they hear or read from the social medias they are most likely drawn to it.

I think its the greed of earning more money, new enthusiastic crypto investors and the old investors getting millionaires is what driving the bitcoin prices crazy now a days. I am always speculator who says that whenever there is some bad or good event is happening in the crypto world then there is always dependent bad or good chain of event curing. For example, there is fork, then everyone will think "wow we are gonna get free forked coin" and thus few starts investing money into bitcoin, the price starts rising and thus people start buying it crazy and it starts chain of buying. The similar thing happens when reverse is happening, the chain of panic sell! Now a days bitcoin is sky rocketing because of new people, merchants and miners jumping into it. Now everyone trust bitcoin and its ability to rise no matter what happens in the world and no matter what who bans it. This way we get financial revolution and hence more and more market.

The reason behind bitcoin sky rocketing is because more investors have step into crypto currency world due to the testimony they heard there and there. Besides, some stock exchange company, some school offer study about bitcoin/block chain and also accept bitcoin as their tuition fee.

Social medias exposure contribute a lot of bitcoin popularity globally. Cryptocurrency is now considered as one of the big investment at this time and it could totally attract more people to invest in cryptocurrency. But most probably they will go for bitcoin as it have a high market value and it is usually talk by the people around. Even people without knowledge towards crypto are trying to invest just for the seek that this will give them an opportunity to grow and may expand their money.

Yes, popularity affects the price. The greater the demand, the higher the price. The last time a lot of people learned about bitcoin and wanted to buy it ...)

More demand means more supplies and more supplies means more profit.Bitcoin being popular cryptocurrency all over the world has been a great source of income for those who uses it.

The word of bitcoins are reaching or wide spreading all over the planet so fast and this news makes people to enter into the bitcoin community, due to high demand and supply of the bitcoins in the bitcoin network the value of the bitcoins increases and it helps to make more profit for the investors of bitcoins when the prices surges as we can see from the historical statistics of the bitcoin network every year the value of bitcoins keeps on increasing and proves to be a good investment.

I agree with you that the price of bitcoin changes and increase to a new level is just like epic, that’s people more people all over the world getting interested and invest in bitcoin which help bitcoin more to grow.

After it reached 1000$ barier and massive advertising of this fact, yes, massive advertising let people know more about this coin + see some potentials. People see that price rises + this community plays very big role. More than 90% wants high price, more than 90% makes thread and suggest people to invest in bitcoin and they'll get big profit, this forum is full of such threads/posts. So when someone interested in bitcoin tries to google, he/she can't find any better source than bitcoin for reading and answering questions. These, big miners and big traders, they together make price so high and plus endless hope of rise, it's like rule here that bitcoin will only rise finally.

Media support,governments coming up to regulate bitcoin instead of banning it and big companies like CME entering the market by issuing bitcoin futures.Earlier,most of the financial firms were against bitcoin and they criticized it as a bubble or a ponzi scheme or a pyramid scheme.So,there was no media support also.But despite such situations,bitcoin performed very well and its price steadily increased.So at one point,those firms realized that they could no more avoid bitcoin and so they decided to enter bitcoin market and make use of it.As a result,bitcoin got heavy exposure in media which brought bitcoin new investors.All these made bitcoin price to reach ATH price.

The increasing demand of bitcoin greatly affects the sudden change of bitcoin price. Due to the fast rising price of btc some are trying their luck in btc because others already find their luck in btc. ;)

I agree with your claims mate. The popularity of Bitcoin does contribute in the increase of Bitcoin's price. This is because popularity heightens the demand for it. I can see numerous ads about ICOs and cryptocurrency in social medias, thus the popularity. As a result, many people are knowing what cryptocurrency is and what Bitcoin is. Then the increase in demand comes afterwards.

The effect is making more people interesting with the power of bitcoin. Because they want to have income from profit.

Talking about the demand of bitcoins it defends upon on how many registered people increase daily. As far as many additional registered everyday much more profitable market increase also and it is good for bitcoin profit. As what ive known for today many peoplerapidly trust and trying to play bitcoin for the purpose of additional income rather than employment to certain company. Many people focus to bitcoin as of this moment. Thats why the demand of bitcoin rapidly increase.

Curiosity affects the price :)

Obviously its the popularity and the demand for bitcoin thats what keeps its price increase day by day, the more the demand for bitcoin with its less supply bitcoins price will surely hit another milestone in its resume.

yeah, let us hope and pray that no other country will add to the present country that banned bitcoin and tagged it as illegal, bitcoin must preserve its credibility, so more and more people will get into bitcoin, thus making more profit for investors in the future.

thanks, i did not mention that popularity ONLY dictates the price of bitcoin, im sorry i didnt put ELSE in the last sentence, but thanks for this input, investment is based in speculations, but backed up by proof of POSSIBLE profit and earnings, that is the essence of investments, if we are talking about POTENTIAL, you are already speculating.

The main reason the demand is increasing right now is because new investors are coming in and they are expecting a lot from it. I cannot say yet how long this will keep up though, but the whole speculation going on in the media and the flashes on investor's eyes and the possibilities of bitcoin increasing even further has made a whole lot of investors to want to be a part of it.

You really don't think it's because of the awareness and popularity Bitcoin has garnered that keeps the demand and price up? Come on dude. That is the major reason price is up. Can you compare the level of awareness now about Bitcoin and what it used to be even a year ago and the price difference? Personally, I became aware of Bitcoin around this time last year. Price was barely $900 and it was a good price then considering what it price was at its inception. 2018 is just around the corner and I expect Bitcoin to bypass $30k. Demand is increasing daily.

I am sure the demand for bitcoin is based on its popularity. There are better blockchains being developed that cover more population needs!

That is the summary of the cause of the increase; more people being absorbed into the Cryptocurrency world. And this is just the beginning as a lot are yet to join because of different reasons but I believe there will be an explosion next year as a lot will become convinced to adopting the Cryptocurrency. I do also feel that other coins will be given some leverage too to grow just as the bitcoin has; betterstill, another coin to be given the center stage like the power given to bitcoin.

if the demand for bitcoin is high and the more expensive it seems that few people want to buy bitcoin, they will buy altcoin with cheaper price, to be honest with altcoin I have gained a lot of profit.

Yes the more people laid eyes on bitcoin it dictates demand that means more profit, that is why this month is increasing rapidly and reason for it? because bitcoin is becoming more and more popular right now.

some of them are just FOMO but that is not the major reason why it rises that much in a short period of time, some reasons are newly joined big investors which we can call them whales because they saw huge potentials to bitcoin than stock markets or in traditional trading, they just ride the hype train but at first they are the hesitant type of people but the time they saw the pump in just matter of days, they immediately go for the cryptocurrency, another thing is the technology demand and life adaptation, would you really know if bitcoin exist without an internet? probably you will just hear it from your friend but that is a rare case to see, the time smartphones computers with internet came to a demanding stage that's the time bitcoin starts to get a momentum to increase its price little by little.

Simply the supply and demand formula applies here which has been discussed hundred of times on this forum, demand is increasing rapidly while the supply is same. What i have observed that popularity of bitcoin has increased more than 500% this year and people are much interested to earn huge profit through it that's why everyone is investing. The popularity will increase even more in the near future and we will see the bitcoin ruling the world with it's high worth.

Bitcoin increasing due to its high demand and the demand were creasted by more popularity of bitcoin in recent days.More people understand that bitcoin is the only way to earn huge money in short time,so people are buying and holding the bitcoins.
But if it continues for too long it will affect the price of bitcoin if all people just hold bitcoins then it will stop the circulation of bitcoin which leads to the price fall or cash so it is essential to keep good amount of bitcoin in circulation.

Not all the times the popularity dictates the demand because somehow, even though bitcoin is famous and have a lot of popularity, its price is still going down because of the emotion of the people who have bitcoin and i think it is more appropriate to say that emotion dictates the demand and as well as the price of bitcoin that will affect the profit.

I absolutely agree with your title. Indeed it is the increasing demand is what makes Bitcoin price to rise. It works the other way round too btw. When some "bad news" appear in the media, demand drops and so does the price. That's when people who don't rely on the so called "news" make money buy buying low and selling high some time later.

Circulation would really be always needed for it to grow even more but this sudden price increase and adoption did really cause for bitcoin network to be congested which do result on longer confirmation and with higher fees.I don't know on what would happen if the adoption or demand would increase even more.I cant think off on the possible congestion that it would create knowing that bitcoin isn't still suitable on these kind of situations. Bitcoin is already making a buzz as of now where those people who against bitcoin are now turning into it already.

Yeah. A lot of new investors want to make sure they do not end up missing the huge global cake and they are so ready to be a part of something that seem extremely big. As bitcoin gets more popular, definitely, the demand increases and for the fact that most people see it as an asset and keep holding it and then we have limited supply, then that makes it even more interesting. Where it would get more interesting is when you and I can start making use of it regularly for both micro and macro transactions with the scaling issue solved.

Mostly speculation. People want to buy Bitcoin with any price and sold them much higher price. However when they do it investors will earn more profit.

You're right there but hey, we can always ride these imvestors profiteering right? As long as bitcoin is giving people what they came for, which is to make money, they will flock to it. And by the looks of it, btc still has a long way to go to make people profit

Of course this market is based on speculation. And don't forgot FOMO as well. LOL. They are real. Demand is growing because everyone really wants to join the hype train. They don't want to miss the opportunity to earn. However, sometimes when you look at it, it's somewhat irrational specially buying at a price of $17K, makes you think that those buyers are really not making the correction decisions.

Now that investment institutional is supporting bitcoin, demand is very high more than ever. CBOE already fired the first shot and soon CME will also join the movement. From my own point of view, this is what really driving this price of bitcoin reaching new levels. And this will carry on up to next year, where Nasdaq turns to offer it bitcoin future contracts. So demands=high price=profits.

As bitcoin get more popularity day by day people will get to know about bitcoin and its capability, in this matter once a new comeri in bitcoin community it will make a way to have bitcoin as he/she expecting to get a profit from it. the more people like that come the higher the demand! and that means more value on bitcoin price which pioneers are enjoying

Yes i agree with the statment that more the popular btc becomes.The demand for btc will also increase and hence it will be more profitable for the investors of btc because when more people show interest to buy in and hence the market rate of the btc will continue to grow and the people holding on with their bitcoins will have more profit.Now a days btc has become a sensational news update in every country and hence there is more chance for the price to go even higher.

Yeah its true, and I have started believing in it a lot now days. Once bitcoin was very deserted coin, not much people were there who believed in it and thats why the investment was very slow and almost nobody believed it back then. The reverse of it is happening today, the popularity is increasing like crazy now a days and we are on the surge of reaching that moon which we thought we already reached back in 2016 or start of the 2017. We were wrong anyway but now the reality is up front. The demand is going up exponential and thus it will bring the bitcoin to a value which we will never be able to imagine.  But lets hope this really happens as we can all benefit from it. :-)

Huge demand in the market and low supply thats what i think the cause of the increase in its price today,most investors hold their btc with patience to get more profit in the future..its influence through media and bitcoiners that has proven that bitcoin is the best source of money introduces to humanity also influences people to show interest on how to profit with bitcoin.So as the coming days we can expect that it is more surprising to live in bitcoin world as its popularity rises bitcoins price also rises.

Yea and I will call the huge spike right now to be as a result of FOMOs rushing in. A lot of investors after the whole speculation going on and a lot interests being generated by top guys, some really would not want to miss out and they are highly expecting that they at least get some profit in the long run without missing the present value.

A lot of news is being expected, so this is expected. I then imagine when some of this news starts dropping.

And the danger in this is that it works until it doesn't. If the only reason to buy bitcoin is to try and sell it to someone else later at a higher price, eventually one of two things happens: 1) you eventually run out of people to sell to because everyone already owns bitcoin, and with no future people to sell to, the price crashes because nobody can make a profit by holding any more; or 2) people realize that scenario one is inevitable and stop buying before everyone owns bitcoin, because the realization that the only way to make money on it is by selling it to someone else at a higher price is an investment structure that is shaped like a pyramid scheme (albeit unintentionally, but unsustainable nonetheless), and the price crashes.

Either way, it seems a price crash is inevitable because Bitcoin's utility as a speculative asset comes to a definite end, and there isn't now, and likely won't be in the future, enough utility in any other use case to maintain the price.

Nobody knows for sure what influences the bitcoin price. I personally suspect that several people buy and sell it from each other to create the artificial demand.

Emotions can only affect short-term demand. Such a demand cannot be decisive. It can only boost the excitement. We always see a correction after the emotions subsided. But the price is always fixed at a new high. Capitalization of bitcoin is also increasing. So I am sure that the demand for bitcoin is conscious.

True, speculation is one of the biggest factors when it comes to how the price moves in the way it does, people are thinking that bitcoin is going to go up even more in the next year and if finally the lightning network is put to work then we are going to have the best scenario possible with bitcoin with a very high price and finally being able to manage many transactions per  second.

Like you have rightly said bitcoin is skyrocketing today because of " the high in demand" I think the demand is so high that many are saying bitcoin is in the bubble. I don't think we are close to the end of this trend as good things are currently happening around bitcoin and other crypto currencies. Bitcoin as a gold standard to others coins has above 50% marketcap and according to a report I read online now bitcoin and others altcoins market capitalization is now  $500,000,000 and this means the demand for bitcoin is very high.

I agree. As bitcoin becoming more and more popular, it is now enjoyed by many people. A growing number of people are becoming convinced that Bitcoin’s price is going to go up in the long run. The popularity of bitcoin makes people to continue supporting it and the price rise is simply a reflection of the growing acceptance of bitcoin. The majority of the price rise is simply due to people buying bitcoin in the hope that they can sell it later for a profit. Its value will definitely be higher than it is today.

Since the prices goes high in rapid speed, people who don't even know bitcoin suddenly joins in. Like a bandwagon effect. They just enter even if they don't fully know about it. Yet they expect high returns.

I agree with you. I guess bitcoins increasing user is a factors for current events in bitcoin. I think bitcoin has been continuously having this fluctuating but rising trend due to the demands of the user that it has. More people are becoming aware of the opportunity that bitcoin offers that’s why more are also being encourage to join the community.

I also agree that the bitcoins price is dectates by the demand of his user and I think it will sure grow everyday like what I'm doing I keep myself share also my knowledge to know by the people that want to learn bitcoin to also add them to bitcoins demand.

As you are thinking it is more common to think that the value of bitcoin is increasing, the value of bitcoin depends on sea level as well as on trading volume.

There is some speculation sure but I think supply and demand is overlooked. There are tens of thousands of people entering the crypto space everyday whether that be seriously or for fun but nonetheless. And then on the flip side you have only hundreds of btc created in a day what do you think will happen? Simple supply and demand laws will tell you that the price has to go up given demand and that seems like massive demand to me.

That is more or less correct since the law of economics say about supply and demand. As of today bitcoins popularity is very high then many people are curious about it and tend to invest in it. This means the meaman rise with the supply of bitcoin remains the same and that would affect the pricing og bitcoin. The more people invest on btc the more probability that ir would rise in price.

I agreed with this, yes by popularization of bitcoin and the price high value people attractive with this. The more people invested in bitcoin it come less supply of bitcoin or low demand and it makes bitcoin expensive in crypto market cap. Nowadays if still continued people adopting bitcoin the price also going high.

Normally the people using bitcoin is the one that manipulates the value or price. The more users means the more value added unto bitcoin. So gaining popularity could get bitcoin a much larger value and even though there was a correction it manage to settle at $17000+.

The demand of it depends on the investors and users of bitcoin,Gaining the popularity of crypto because for now we are engaging in new technology digital currency must attached with us.More investors and users more profit to gain and make our money double.

I think Popularity has a little to do with demand. That a product or asset is popular doesn’t mean that the demand will be high. It can be popular just for some mere reasons and won’t be the type that attracts people to demand for it.

And… how did you know that the popularity of Bitcoin has increased this year up to 500%? Dude, you can never tell how many people are making use of Bitcoin, not when one person is making use of ten wallets at a time. Nobody has been able to tell how many people are using bitcoin. So not possible.

And that is exactly what is happening. A lot of times what bitcoin price needs is the push and others will follow and those other people have the attitude to drag some other people along with them which then increase the price of bitcoin in a large way. It will be better if the reason of increase in the price of bitcoin is adoption of it by multinationals or government rather than this where its just people coming to put money in with the hope that by next week, it would touch $20,000.

Bitcoin is unique money and people on this digital era really interest on this , that's why we can see bitcoin grow so fast recently.
I'm sure bitcoin will grow even more in the future as more people aware and start to invest bitcoin as well !

Bitcoin is becoming more popular and many mainstream media have started to promoting bitcoin especially a the social medias. I was having seeing bitcoin sign on CNN the days before yesterday and was happy see that happened at this time when many countries are trying to ban bitcoin. The demand will keep pushing bitcoin price upward and one has to buy now.

Although it's impossible to say an exact number we can make estimations using our observations. Count up how many of your neighbors use Bitcoin. Count up how many of your co-workers and your friends are using it. Thus you'll have an idea on what percentage of ordinary people are using Bitcoin today. I'm sure, regardless of the place, the number will be much lower than 10%, which means Bitcoin can rise ten times, at least, in the future.

Indeed this is because of o fix supply we have on bitcoin, the popularity can drive more prospect investors and the supply decrease as they buy or invest and so the price go up

Well, that is obviously huge profit that is a result of the increase on its msrket value. Bitcoin is becoming more expensive as time passes by and it gives huge profit to its investors and users. The demand is also getting higher now that more people are interested to the profit that most of is users are getting and that is the effect of the increase on its value.

Do you guys think bitcoin will still increase its market value by the start of 2018? I am new in bitcoin, and I think I am late in investing to it.

Exactly. That's how markets works. So it is best to buy as much bitcoin as you can because the only way bitcoin's price is going is up. What we consider "high" as of this moment will be considered as "low" in the future. When bitcoin's price start hitting the $100k mark.

A lot of more people who invest in this bitcoins will have a high expactation of profits and the end. Well we know the potential of this coins to increase its value on the market in short time and that will be cause more popularity in very part of the world.

I do agree with you, popularity does dictate bitcoins demand right now because the more popular it is, the more people also wants to invest in bitcoin or buy bitcoin for them to keep or hold on to it for a couple of years for more profit in the future.

popularity of bitcoin increases it mean more people using it and it only 21 millions bitcoin in this world so you know what it means right !!
grab some bitcoin now :3

Well i think, it's not the popularity it's the people who invest in bitcoin and how the miners and traders behave in the market  dictates it's demand. People see how it pumps up everytime the price of it goes down, so many wants to hold bitcoins and invest. But yeah, because of the popularity of it people became aware to it.

Recently there has been a lot of new people being exposed to bitcoin, for example I have been able to introduce about 7 people to bitcoin and it was as easy as saying go to Coinbase and then purchase some, before when talking about bitcoin it would fall on deaf ears, I definitely think that the media exposure that it is currently getting and because of the price people are far more susceptible to listening on how to purchase some and how it all works.

I definitely think that a lot of people coming in now will be drawn to bitcoin because of the rise it has had in the last year, and this is one of the reasons that the price is what it is, hopefully these people will then look further into crypto and what bitcoin actually is beyond a supposed quick way to make money.

Maybe you should name them. Has any of them been used on a large scale for you to know they would not turn out to be an issue ? Also, why would any investor decide to trust a coin they really do not know what the future holds for than a coin that is already established ?

The demand for bitcoin will keep increasing and unfortunately, no matter how good those coins may be, it would be hard for them to gain that recognition as they will end up being overshadowed anyway.

The popularity of bitcoin will rise, but after the opportunity to trade futures on bitcoins the price can be more predictable. This will reduce the level of volatility and speculative capital may start to leave bitcoin. We don't know what amount of capital. So we can see the situation that the growing popularity of bitcoin the price will fall.

All is fine so far, I really do not see any going down much. Corrections are normal and you are welcome to the trading world. Also, bitcoin is still in its early stage, so we should expect more of this in the long run.

I would not want to bother myself much about the falling and rising prices except for the future which I am pretty sure, we have not seen a high level of demand yet. Once bitcoin hits that stage where a lot of people can start making use of it easily, then that is when we should start expecting a huge demand.

Indeed, bitcoin supply which is fix is a main reason why the price is getting more big, popularity is important to get more prospect investors, volume of trade will increase and the price increase also

Well plenty of altcoins have come to the market after bitcoin, also there is no doubt that some of them are far better in features from bitcoin. I bet that we have only less than 10% of coins in the crypto sector, the rest coins will come in future which will be with excellent features than the current coins. The only feature that the alts don't have is that they are not number one. This is a distinguished quality of bitcoin that it was made to be number one and this will keep it always on the top.  ;)

Well yes, we could say that the popularity of bitcoin brings more demands from the market, the trust in Bitcoin would grow so the price would do the same.

Why it will not I mean if bitcoin demand will increase it will be popular among people and a lot of people who were not even aware of bitcoin will know about it. I personally get inspired from bitcoin because one of my friends was searching for bitcoin from long time and she was crazy about bitcoin so that made me curious and I searched about it on google then I saw how popular it is and it is very high in demand now.

and nevertheless I think that altcoin is of great importance for users who have significantly less financial capital. Therefore, trade and investment altcoin will bring them revenue, as Bitcoin today is quite expensive.

Right.The more popular bitcoin would be,the greater the demand from people and of course the higher the profit we will expect.This would be the scenario that keeps on rolling for bitcoin.And if time comes that people would not be interested in bitcoin anymore,maybe bitcoin price itself will also fall.

This is not totally true. Popularity if making the price go up maybe, but it doesn't dictate anything because people are free in their decissions to buy or sell any asset including bitcoins.

Definitely this is going to happen. Bitcoins are giving them a hope and they are joining this world. When they come here, they need to make an extraordinary income from a little investment and bitcoins assure them that this would happen, don’t worry.

Ultimately demands are getting higher and higher and I think bitcoins are increasing profit ratios by increasing the prices. See, doesn’t it?

I disagree. If 1 Bitcoin is expensive you can buy 0.01 BTC, it doesn't matter because you still will have some BTC. When Bitcoin was $1,700 a friend of mine told me that if Bitcoin price dropped to $700 again he would buy, but now "it's too expensive". And now we see that he was wrong. Imo it's never too late to buy Bitcoin because its popularity is on the rise and indeed, like the OP said, it means more profit in the future.

This is a snowball effect, you hear that your neighbour, your sister or even your hairdresser starts buying assets and you see the price of bitcoin and how it went up the last month, so you want to be in too. It's really becoming mainstream and everyone want to have a slice of the cake

Well given the fact that Bitcoin has been popularized in Facebook which is one of the most influential platform nowadays includes lot of people , and it affects so much the price of the Bitcoin since people are trying to invest here which raising its value.

For me, yes when the demand for bitcoin grows the price will also increase. Bitcoin price is becoming expensive, and you can earn or profit more from it. Also, bitcoin is becoming much popular if the will increase rapidly. But if you just mine bitcoin to obtain it, it will become much hard because the competition is getting much harder. :)

Its not that easy to understand that supply and demand really drove bitcoin price to its new heights. But it's better if we understand where this demand is coming from. Right now the demand or the main driver for all of this is all the news about bitcoin future contracts. And because this is a speculative market, most investors are buying because they all want to get a piece of the cheese - profits. So this goes around, cycling and its a continuing process. So if this trend continues obviously the demand rapidly develops and builds up overtime resulting to the price of bitcoin reaching all-time-high again and again.

Yes, basically the higher the demand the value of bitcoin will increase. .Bitcoin is so popular right now so expect the number of user will increase everyday because many people are curious and interested about how bitcoin works when it come to buy and sell.

Well, you may be right but not altcoin will end up giving you profit. A lot of altcoins though have really done great lately, looking at the likes of LTC, Monero, IOTA etc., they have really given some terrible level of profit. However, I would not be too comfortable with them too much as well if i were you as most of them tend to get dumped in the long run after a huge pump compared to BTC with a huge level of support.

The more users will make transactions with bitcoin, the higher will be its price. Bitcoin touched a fairly high mark. It's popularity is growing and, accordingly, the price will be even higher.
         

Many people wants to have a lots of digital bitcoin currency, it is becuase of a high appraisal when converted into cash paper. And when it comes to profit, it is profitable of course like as what happen today comparing before on bitcoin price it is multiply by four times today so when you have stocks of bitcoin from the price before and when converted it for todays price it earns multiple profit.

I think they were not just so curious i think they were just interested on it when they see how the price sky rocketed too fast within just a small fraction of time when they look at the price before it was like $1000 and now it rise up to $18000. So how do you expect not to buy when everyone is making a money on it.

The price has fallen quite far. I'm highlighting the above quote because it's still true. The market has been intensely irrational and people's expectations have been irrational. A stable price is a far more useful attribute than a Bitcoin that fluctuates wildly, or drops from 19,000 to 12,000 in a week but sometimes also goes up that much too. That type of volatility makes it useless, and utility ultimately will determine value once the mania runs out. But the reason so many people are buying is because of the mania, and because they think you can get rich; that Bitcoin can't drop permanently. Read these boards, everyone seems to think any drop is temporary.

That's not how anything works. Anyone who says "Bitcoin is risky, but anytime it goes down is just an opportunity to buy more" is not recognizing the first thing they said: THAT BITCOIN IS RISKY. It's not risky because sometimes it can go down, it's risky because it can go down and never go back up. If you don't accept that as a possibility, or better yet, as a likelihood, then you shouldn't be buying Bitcoin.

Of course it will! The laws of economics have been in force for many years. At least many people want  easy mney. Bikoin will buy for interest.

Yes its true. Bitcoin's price depends on supply and demand. More the demand increase more the price go up. Peoples are getting curious, and they want to learn about bitcoins , More they learn more they involve with bitcoins so i think demand dictates demand, it can also helps to increase the value.

With a critical view of the investors in bitcoin as at 2-3 years back and this year, you will see that there is a large difference in it. And today, more and more  people are coming in, investing into crypto currencies heavily, and those who holds a large quantity of bitcoin, holds it back creating scarcity in the market, which makes it looks expensive giving them high profit, and which made it more visible.

I have doubts that only because of the demand the price for Bitcoin rises to this level. Over the past two or three months, Bitcoin has risen by more than 60%, and so I do not think it is because of the level of demand for a coin.

It's hard to determine what short term fluctuations mean in a large sense. One trend that has been fairly consistent is that BTC dominance has been steadily declining for some time. When I started paying attention to this as an important metric, BTC was around 80%. It's been on a steady decline from there, usually not dropping below 50% and rebounding to the 60s when on an upswing. But now it's in danger of falling below 40%. This metric is important because it signals how much money is choosing other alts than Bitcoin. It makes it increasingly likely that a flippening will happen, especially with how bloated the mempool is with unconfirmed transactions and the unreasonable transaction fees that accompany that. Bitcoin becomes increasingly useless day by day with no shortage of suitable replacements that are cheaper, faster, and more useful.

Maybe the popularity of bitcoin has big effects on it.The more popular it is, the more investments and much more people who are going to choose bitcoin.And if that happens, bitcoins price will continue to grow and rise.

Absolutely correct! Bitcoin's market value is just based on its demand from the market. As it gets more popular, it captures more people to engage towards Bitcoin which genwrates high market demand that is making its market value continue to grow and become more expensive. And we all know that as the price of Bitcoin moves  same thing happens on its price so continue living.

Indeed. There is no assurance that bitcoin can give more profit to us if bitcoin is not popular because that popularity is giving demand in the market and we should keep promoting bitcoin so we can expect more popularity and more exposure of bitcoin to the other people then we can just expect that bitcoin will be having a lot of demand for the price to go up and that will surely gave us profits.

Yes, as you said popularity dictates the demand which means if bitcoin is popular and it is proven that if you invest your money you double it because continuous increasing of price. In short, the higher the demand, the higher the price.

Absolutely true. The demands of the people in the market really has a big impact on the rising of bitcoin price. But sad to say that issues can also affect for the price to drop like what happen lately when there is an issue in south korea because as far as i know there are lots of big investors in south korea. Anyway nothing to be scared of, you know. No matter the situation is, bitcoins will still survive.

Exactly.And the higher it increases its value,the more people will get attracted to it and eventually soon to invest in bitcoin.The more demand bitcoin gets,the bigger the profit we get.So i should say no to panic selling when price goes down,it will only lessen the value of bitcoin.

Yes, bitcoin's price is determined by peoples demand on it. The more people are interested and want bitcoin, the higher the price it gets. Whales are also one of the reasons why bitcoin's price rises or falls drastically.

Just like stock the more who wanted to hold the higher the price will be, I think popularity will bring more investors to join the ride, without information and without people behind bitcoin will stay with his current price but if there's a lots of people behind then the game of good assessment will bring decent profits, it will bring to more people if popularity will keep on demand all over the globe.

Kinda sounds like pyramid scheme if you put it that way. Popularity does have a huge impact. But popularity enough isnt enough to keep the prices high. You dont just want new people to buy it, but you want all the people to continue buying it. In the end, i think what makes bitcoin prices relevant is its technology. As long as there is a problem that persists and bitcoin solves that problem then there's no need to worry about popularity, as it will come with it.

Popularity results create awareness in people and people willing to invest,More investment results more demand and it can be fruitful for existing investors because prices go high and earn good profit.

There is a total supply of bitcoin and will never add one. though the demand of people are just getting high now and more people are getting into it now.
This means a supply will be fix but the demand will go high and high each day, and because of that bitcoin price is  rocketing and it cannot be stop.

The bigger of exposure, mean more are able to understand the value of Bitcoin or other crypto currencies, this will indicate more people are going to be interested on BTC. The result would surely lead to sky rocketing of its value.

Due to its popularity, bitcoin has been greatly affected due to its demand. People now who have just discovered bitcoin usually wants to get a hold of some fair amount of bitcoin for investments. Some would even sell their cars and houses to buy bitcoin, can you imagine the demand of bitcoin in the coming years? So the more people hold bitcoin, the lesser its supplies will be in the future then the higher its demand; equals to higher profits too.

The price of Bitcoin is also contributed to the popularity of it. However, the demands of bitcoin really the main reason why it became so worthful. People are invetsing in altcoins to have bitcoin. They are trading coins to sell for bitcoin. In that scenario, the demands for bitcoin keep on increasing and the price goes with it as well.

Admittedly the use of bitcoin in my country even the world continues to increase, over the course of the existence and popularity of bitcoin no doubt, bitcoin prices continue to skyrocket, and demand is high and has a great advantage over time.

Everybody wants to earn and get higher profits, that's why the higher the value ot Bitcoin, the more people will get interested into it, the more people will buy and invest on it.

For the statement that more the popular btc becomes, yes i agree of it. Demand for btc will also increase and it will be more profitable for the investors of bitcoin and they really want to invest on it. If more people show interest to buy bitcoin, for sure the market rate or the price of it will continue to grow and the people holding on with their bitcoins will have more profit.

Maybe you are right as we all know that popularity can be the asset of someone or something. It is sometimes creating an unintentional and intentional biasis. But as we look at again on how bitcoin get its popularity is not because of being popular but by being unique that turns the world upside down. And what makes it popular is the success that it has brought from being unique.
Popularity is not the main cause but uniqueness that leads the world into far better community.

Popularity has played a part and affected the price back when bitcoin became popular and mainstream yet it is not the sole determinant of the price. Although demand definitely creates a pull, there are many factors in play which makes the price rise even when there is no demand. Bitcoin is not dependent of demand but can be said to be affected by it. The price may continue to rise even when there is no demand.

Well since you talk about the popularity of bitcoin, I think that it is the reason why bitcoin price are increasing. Why? Since many countries reached the popularity of bitcoin it has a big possibility of having many investors coming from that different countries. And because of the investments of the investors it will increase the fund of bitcoin as well as the price of it.

Dear Bitcoin is also because he is decentralized. It does not have a common regulator - only users who form a common network and are its unchanged part. This is one of the main values of the crypto currency. The role of Bitcoin issuers is played by users.

Bitcoin volatility is due to the number of demand. The popularity of bitcoin helps it more volatile. As we can see, the high number of demand and scarce supply of bitcoin really affects of its price. When there are speculations to bitcoin, for sure it will goes down and somehow, rise up.
That's why whales can manipulate the market, the selling of bitcoin by the whales really inflict to its price.

This had been created months ago when the price was at the early days towards skyrocketing. The popularity of bitcoin keeps on increasing from time to time letting more inflow of investments into different cryptocurrencies. This creates a demand for bitcoin as there is limitations in the supply of bitcoin. Volatility is termed to affect the growth, which is not the right thing, volatility is the best of bitcoin in my view.

The more people who get to know bitcoin ,the more it was  increases and demands get higher ,these are the reasons why its affects the price value and our investments makes more profit because of that.Popularity is the biggest chances to higher supply in bitcoins,then it became indemand to many people.

Bitcoin gets more popular because of its great technology so I think it will still base on the technology its self. Popularity can be on negative side cause medias are keep on saying shit about bitcoin, so I thinks if bitcoin improve its technology more every year the demand for this will surely follow.

Bitcoin volatility depends on how we interpret it or how we think of it,  it's either positive or negative side of bitcoin. Everyday, bitcoin's popularity increases so we'll be expecting its price to become higher as there is high demand and low supply.

yeah supply will not decrease or increase, while demand will continue to grow as bitcoin continues to spread throughout the world and users continue to arrive and adopt bitcoin, if you already know this will surely you will prepare everything that is hold a lot of bitcoin of course it will make you rich because you already know that the future the price will be many times higher because factor of demand

As it high and became phenomenal everyone is curious is getting interested and everyone wants to try to invest if what they hear about bitcoin is really true and sometimes the condition seems the higher the demands the greater the price and so is the stock chances for investor to make a profit and the stronger the bitcoin may become.

Well i've realized it goes two ways. Popularity of btc propelled it's price to crazy 20k but also left a lot stuck when it dropped as quick as it went up. So those people probably don't have a lot of nice things to say about btc and crypto, spreading fud.

Bitcoin has an enourmous branding power at the moment, and that means that it gets plenty of attention from media and the people in general. IMO that may have a negative impact sometimes, for the rest of coins.

We should really increase the popularity of bitcoin by promoting it so we can have a good range of profit to expect because if the popularity for bitcoin grows a lot then people are more aware of bitcoin and they can just get into bitcoin and increase the demand by it and we can expect some increase in the price and hope for the best profit.

Everyone wants to have good and high value of profit so let us work together and promote bitcoin because as we all know it's high value depends on it's popularity. I think the best way to promote to make bitcoin its popularity more than the former is to use technology by the used of social medias because everyone even the veteran's are expose to it.

We can easily promote bitcoin through social media because people now a days are always have time in Facebook, Twitter etc, but don't expect that other's are always accept bitcoin because it is hard to  explain to other people about bitcoin especially those person who don't believe in bitcoin.

If bitcoin will become popular to many people, its price will definitely goes up.  Thanks to social media who increases bitcoin popularity.  If many knows bitcoin, then many will buy and the price of bitcoin will goes up again.  The more the demand and the supply is few, high price will once again happen.

I agree about what you tell. In addtion, If we say popularity of bitcoin  dictates demand and more profit is right. Dictates demand in a way they can hear or they can witness the high value of bitcoin which someone have. More profit because the merrier it is the more project will introduce which can create or give extra profit to all.

For me what I can see here is the law of supply and demand, Bitcoin has already proven its value can really soar high so more and more people are now interested in getting it, they are thinking that they can gain profits for owning one. So the more people wants it, the higher the demand, remember Bitcoin supply is limited hence, in scenarios like this, its value will go up. :)

This is just a simple economic subject which is purely telling on how the law of supply and demand works which is normal. If theres demand with less or do have limited supply then its expected that price would soar up high. Social media is one of the mediums on where it do really helps to scatter bitcoins awareness or into its existence. Profits would go into its early adopters or hodlers but for me bitcoin isn't really just being created solely on making money.We should always think on the true purpose of it why its had being created.

Of course because more and more bitcoin enthusiasts will be worth more the value, such as land investment for example, the more buyers the more expensive the land price.

Yes it is its like the concept of supply and demand. As the people who joined here increases the value of it increase because of the demand. Actually its not only happening to bitcoin but to all type of cryptocurrency that was existing. People continue spreading bitcoin all iver thw world because they knew that it can give more profit to them when bitcoin price increases.

Precisely! It really is nice to see that some of the newbies nowadays really do know more on what they are talking about and not just blabbering nonsense things all over the place for the sake of post counts. If only a lot more newbies are like you, I think the forum will be better. Although I am not saying it is bad, it really is in a state where people do not post to pass, share or to ask for information anymore. Instead, most of the people nowadays only post for greed. Which really hurts the ideology that this forum was built for in the first place.

Anyways, back to topic. Judging by how the crypto world has been moving for the past few months and years, I think that we are all heading on the right path, all the things that has happened that most of the people think is a bad thing is actually a very healthy thing to happen for the crypto world. If this path continues, then I think that cryptos will really lead every supporter to success together with it.

   For me, yes when the interest for bitcoin develops the cost will likewise increment. Bitcoin cost is getting to be costly, and you can acquire or benefit more from it. Likewise, bitcoin is ending up much prevalent if the will increment quickly. Be that as it may, in the event that you simply mine bitcoin to get it, it will turn out to be much hard on the grounds that the opposition is getting significantly harder.

That is how all the kinds of markets in the world should work. I can't imagine anything simpler and more natural than the demand and supply rule. If you want o see BTC price increasing, put some effort on it, making Bitcoin popularity increase among your community, your online groups, your friends, your family... This way you are contributing to make more people invest like you, consequently increasing the currency's price for everyone benefit from it, but always keeping in mind it's not a certain to become rich overnight and always being aware about the two sides of the coin, what pushes it up, pushes it down as well.

Yes it is!  The more investors to invest the higher its price. So, its demand depends on its price and investors. Since,  bitcoin is the base of all altcoins,if bitcoin will increases altcoins will increase also.

which makes the effect of bitcoin price increase is political and in terms of very high demand but the availability or total supply of bitcoin is very limited, it will definitely trigger a rise in bitcoin prices.

Yes when a currency is become popular the people become interested in that currency and this makes the demand for that currency and ultimate the profits comes sometime we feel that the market is down but in the next second again the market comes rising which shows the market volatility for the bitcoin it must be sure that the bitcoin market is good and those who have bitcoin they are safe and secure.

Unfortunately, due to the growing popularity, a lot of scam projects began to appear. the situation will change in the future, but so far, such a hayp is not good for bitcoin

Yeah bitcoin has got a lot of attention and it is popular currency now, for me bitcoin is the best as it is popular currency and no currency can reach the level of bitcoin. indeed it is harmful for some of coin as no other coin is on demand people are asking for bitcoin all the time and this thing is increasing the price and value, price and value is rising the demand of bitcoin gradually and same the price is so popularity is the important thing in crypto currency.

It is due to some numb and dumb people joining cryptoz marking their own economic ruin.

Yes I think the popularity of bitcoin dictates the price, if bitcoin becoming more popular it means many people appreciate on it, and I believe that if many people appreciate on it many people also trust on it and the demand may rise up high, so then the affect of the popularity is amazing the market will also rise because of the huge demand.

It is increasing may be because of lack of cheap electricity availability that are needed in hige to mine btcs

Thats right as its popularity goes more and more popular more people will show interest and get intrigue on what is really bitcoin all about when knowing the price is very high it has a big chance that investors will be investing in it.Most probably its price will fluctuate as new investors would be coming over to invest in bitcoin

Yes it is the popularity effects  bitcoin price  and the beliefs of the  people
Just like dollar to peso dollar is much higher cause people believed its higher

Yes popularity of Bitcoin means a high demand and it also means a higher profit for the investors because they believe that this may also attract more investors.

Yes, if the bitcoin is getting more popular then its means the demand is increasing as well. If there is high demand meaning there were lots of  investor may come in and invest. Demand and popularity increase the price is also increase. That's my thought behind on this up trend and downtrend of bitcoin price.

Even with popularity if the demand is low i think bitcoin's price will not continue to increase, i believe that popularity doesn't make the price alone but also the willingness of the people all over the world to buy bitcoin at any price because they believe this currency is the future.

I think the higher demand is,  the more bitcoin users are coming  and it is a signal that bitcoin price will become   more higher and continue  to grow as demand continue to rise.

Increasing or decreasing Bitcoin depends significantly on news and events. Bitcoin is still rising but rising slightly. If you want to make big profits in the short term, then only invest in altcoins and ICO. This time investing in Bitcoin is wrong because its exchange rate at the time you write is very high.

Yes you are definitely right in this matter

yes, since people starting to know bitcoin some of them invest and buy bitcoin to make a profit.

Definitely right. Bitcoin is becoming more popular to the whole world because of its sky rocketing price. It really affects the bitcoin price because of increasing number of people who invested in bitcoin. Of course if the demand is high, the supply is starting to decrease and if that happens the price of bitcoin will rise.

This might not be true because many buy btcs just out of fantasy without having any knowledge

The price increase of bitcoin today,so far so good,but not at all,because until now they feel the effect of those happen two previous month,because if we monitored now the statistic of bitcoin,the value price is erratic or volatile,sometimes its up in a small amount,and sometimes it will dump,thats why the popularity of bitcoin  will be affected this chaos happen now in the cryptocurrency system.

This statement happens to be true. Bitcoin is being popularized by the media which is spreading the news about Bitcoins influence all over the world. Before a couple of years, people didn't even know what purpose Bitcoin has. Today majority of the people knows the purpose and are eager to get some particles of the Bitcoin for themselves. Popularity is for sure increasing with every day, no matter if the Bitcoin falls or goes up because investors had already learned that after every big incident which causes the crash also comes to the rise up and in the phase of the falling the demand is skyrocketing.

Profit is connected with the demand but the investor must know the right time to do investment if he wants to get some profit because Bitcoin as such is still meant for the long-term profit and altcoins; like you said, are the investment opportunity.

I don't agree if bitcoins are said to "dictate", to me the correct naming is "automatic". Every transaction that occurs both sell nor buy is all recorded in the ledger (we call it blockchain) automatically.

The popularity is not always that good when it comes to the market. Yes, it will increase the demand but the competition between users will also increase which surely affects the price. There are many newbies out here who would choose to sell whenever the price had a little increase than to hodl. Because of this, the price irritatingly dumps very fast causing hodlers to lose profit. We expect bitcoin to have higher market price as years go by but since the population of users increase but not the investors, the price will likely jump a little unlike what happened in the previous years.

cryptocurrency is gaining popularity, the greater the demand for cryptocurrency the more expensive its price, I am very sorry that I did not buy bitcoin 2 years ago.

For me, affirmative once the interest for bitcoin develops the value can likewise increment. Bitcoin value is progressing to be expensive, and you'll be able to acquire or profit a lot of from it. Likewise, bitcoin is ending up a lot of current if the desire increment quickly. Be that because it might, within the event merely simply mine bitcoin to induce it, it'll end up to be a lot of laborious on the grounds that the opposition is obtaining considerably tougher.

Agree on it. With the popularity of bitcoin throughout the world people get interested to invest it thinking of big profit in returns. It is normal in nature that when things are in a higher in demand it dictates a lot of profit due to the good feedback of all the investors who investing it. Like bitcoin people are always thinking a lot of profit to earn because its popularity still getting bigger and bigger and investment are so worthy.

As we all know that the main force to drive the price was the involvement of the big whales and institutional investors. They decided to enter the market when the price was about to fall and it created a panic buying wave in the market. The price growth was not the organic growth and hence we have seen the correction phase resulting in 65% price fall in the market.

Yes, the value of bitcoin depends on its current demand and supply. The higher the demand, the higher the price is. And the more popular bitcoin gets, it is expected that the demand is higher.
Try to acquire more knowledge about the field so you can render better decisions and not fall into wrong speculations that will yield you panic thus sell your coins and contribute to dump.

Of course, popularity means there will be more people who are going to be interested on cryptocurrency therefore the demand will increase.

  Yes and it means more profit, I believe that the bitcoin will rise if the popularity will continue until the next coming years. The bitcoin demand will rise if the its popularity continue  so then if we are going to make holdings on bitcoin today maybe we can really earn a huge amount of profit in the near future.

because the bitcoin's price is directly proportional to its users. So the higher the users, the higher the price or value. it is like a cycle. Once bitcoin attracts users then the price increases and when the price increases it attracts more users. This is how it gains popularity and becomes in demand and will be more profitable.

I also agree with the more Bitcoin becomes popular the more the price increases. The more people are curious about Bitcoin, the more it makes them to invest and when they invest it increases the price which makes everyone happy.

That is very natural because bitcoin is known everywhere we go. It is really new to the business world of technology that is the main reason why it is very popular because their are latest to do. The price are in high value and it can be low. That is considerable and understandable because it is not yet stable. But the popularity dictates the demand as well as the high supply too.

For most, bitcoin (like all cryptocurrency) is opportunity to quickly become rich. Demand for bitcoin certainly is. But the price is made by speculators. They now earn.

I'm new on this world and i think the same thing, if we have more people interested on bitcoin we will have more demand, if we have more demand with the same offer, the price rise rise and rise.

Prices are affected by many new investors join the bitcoin economy, FUDs, governments regulations in some countries and whales who create artificial dips to buy back more bitcoin.

Agree on it. Popularity increased will influence community eagerness doing investment then it will affect also increasing in demand then they could results to high profits to earn and most especially when investing in a right time.

I think its popularity comes from its credibility and reliabilty. These make more investors gather and trust bitcoin.

Popularity of bitcoin is trending and very risky. It is good if you invest in small amount and it creates more profit. Difficult to put all your hard earned money here and there is no stability of the profit if it goes high or very low.

yes the more bitcoin you know and the more popular it will be many people who buy bitcoin and make bitcoin have a very high demand and make bitcoin becomes very expensive.

If BTC is popular around the world, more people will use BTC!

The number of BTC is fixed, everything is affected by the relationship between supply and demand, more people using BTC will lead to the increase of BTC price!

I think the popularity of bitcoin not just consist of money but also in terms of security, reliability and credibility, people, investor trust and believe in bitcoin for who it is made of and why it made of, the profit will goes as they learn to adapt and use it thus so its popularity continues till now.

Up to this moment, I still believe that bitcoin's popularity is still able to dictate the demand. And for that, more demand means higher profit. I must agree because this is what actually shows. We have to help bitcoin as well. As through the power of the word of mouth, we can help other people learn about bitcoin and encourage the, to invest and earn more income. In that way, bitcoin price is rise.

I do believe too that the bitcoin's popularity dictate the demand of it in the market because the higher the people engage in bitcion the higher its demand is. Curiousity are what makes the people  drive into bitcoin and for that they are willing to learn and apply it in life resulting to the increase of demand and the more the demand is the higher the value of bitcoin will be.

yes of course, if bitcoin is not profitable definitely demands against bitcoin will never go up. the fall of the bitcoin price is only part of the bitcoin fluctuation that will make it pump again and demands on the bitcoin will increase.

True, there will be no user and it will be not that popular if it's not profitable. And yes I agree that the fall of bitcoin price will make it pump again, because when the price becomes low a lot of investors and traders will buy more bitcoin resulting to the skyrocketing of the bitcoin price.

Yes of course price of bitcoin never remain the same, it rises and it falls but it is too much beneficiate if you know how to use the opportunity, we often get scared of falling price of bitcoin but no need to be worry just have patience and you will see bitcoin growing so early.  Bitcoin gets down because of some whales who manipulate the market place, but now again bitcoin is at high demand so price will be high soon.

the reason why price of bitcoin will never remains the same its because cryptos are verry volatile which means they can always fluctuate from time to time.


bitcoin thesedays is not really a high demand because we aint still experiencing an increase or recovery for  it though , we may still soon experienced it on the last quarter of the year.


popularity of bitcoin cant always dictate more demand because not all people are interested on it. in which case we cannot really earn more profit.

such good news triggers market reaction for the price to go up and capitalize and when it is bad news the market will trigger a price reduction that puts the charts to retrace and corrects mostly based on how strong and weak the news or rumors was.

You are only speculating on bitcoin prices for some time to come even if you say growth and improvement will happen in the immediate future. I prefer to enjoy this price movement and have to believe in some speculation from some people because the speculation is not entirely possible in the future, it needs some analysis to determine the predicted bitcoin price in the future, without an analysis of the speculation could jeopardize people who are just starting to invest bitcoin.

I agree with you, it was because of the new popularity Bitcoin was experiencing last year that the price exploded. All the new people came to know about Bitcoin and just thought that its a money-making thing and just started riding the crypto frenzy and as soon as the price started going down all these people just started selling off and hence the price went down.

As it high and became phenomenal everyone is curious is getting interested and everyone wants to try to invest if what they hear about bitcoin is really true and sometimes the condition seems the higher the demands the greater the price and so is the stock chances for investor to make a profit and the stronger the bitcoin may become

The increase of demand of bitcoin will dictates the current value of that coin, because of its low supply the value will increase by the numbers of users.

The effect of increasing of bitcoin is more people will be attract to invest in bitcoin and many people will have a chance to sold their bitcoin when they see that bitcoin is on the highest price.

Undoubtedly, popularity affects bitcoin in so many ways, especially getting new people to be interested in investing in bitcoin. Popularity also makes governments scared of bitcoin in some way and start launching unnecessary attacks at bitcoin.

I have been in a cafe in my country which is called satoshi cafe and I have seen so many uneducated middle age man come there and want to buy btc with their savings just because they have heard it in the news, which increases the price too much with demand as well.

One of those really affecting the sky rocket of bitcoin is the demand! So the price of bitcoin is rising. And the other is the whales that are still taking advantage of price increases to pump more. And of course when they reach their target price then they sell their tokens reasoning for the panic selling of people and dropped the demand of Bitcoin.

The valuation flactuation is very very common in every kind of investment so there is nothing new about bitcoin also. Bitcoin is supposed to be very volatile crypto currency and thus its valuation are more susceptible to flactuation and the more important thing is that this valuation doesn’t depends on single factor only , there are multiple factors governing the valuation of bitcoin like the market demand of bitcoin, higher the demand, higher will be the valuation and then the second thing the amount of capital people invests into bitcoin.

Yes, it is right but it is not the situation happening at the moment.

Situation currently can still be considered as good as before or for the past years. But comparing it with what bitcoin has reached before during it's prime all time high's yeah it wasn't happening today.  :-\
But I doubt that the popularity is decreasing, there are whales/traders/investors that are becoming wiser as the day goes by. They intend to sell whenever bitcoin moves an inch and waiting for it's tail to go back and will eventually buy more.

Current situation still better than last year. If we compare on market cap, right now market cap crypto more higher than previous year. I am agree that popularity crypto still high because with lower price right now, many investor will come and buying cheap coin/token

Well, time has decided on this. More popularity means more adoption and doesn't necessarily lead to more profit.

This old thread needs to be locked as members are answering with present context. Op already got his answer for the past time.

The market cap of bitcoin right now is falling down since the price of bitcoin is falling too and as well as the altcoins, it just mean that the market of the cryptocurrency is facing a huge problem this year and i am hoping just like the other people in the cryptocurrency market that the market will recover and reverse its trend to an uptrend.

Yes I think so, as the popularity of bitcoin goes up the demands gets higher as well..if investor buy bitcoin at the higher price and then when it gets low their profit would be gone too, so others wait instead and hold what they have in hope that in the end they will have profit.

It's more of supply floating un the market that dictates the price. Now the supply itself has alot of factors i it, but the serious one would be publicity. If crypto currencies are hyped or trolled then normal people would hesitate to invest. Then again, whether good or bad, publicity is still a publicity.

Yeah it is directly proportional to the existing demand. because basically the rising popularity of bitcoin inthe world will bring many
potnetial users into the bitcoin world. and certainly will automatically increase the demand and bring the price of bitcoin upwards

The Price revenge or transformation of value  that's really the good chances for investor and traders or some other users that going to invest in bitcoin, because of that low price we have a chance to start to invest while waiting for the said transformation more profit would be there so grab the opportunity/ "popularity of bitcoin dictates demand it means more profit? no! TRANSFORMATION OR REVENGE of PRICE VALUE means more profit that's my perception.

It is what I'm saying that we have to look at the past year's situation and now many are crying about it.

Popularity of bitcoin never decreases though there were many that wants to pull it over and wants to spread different fake news, fuds that will lead people to doubt bitcoin.

We still like bitcoin no matter what with this market and it will never go to zero unlike those "expert, economists" are saying.

Bitcoin and cryptocurrency become more popular on this days. Hopely with that popularity, cryptocurrency market will bring more investor in market. If many new investor in market, I am believe cryptocurrency price will increasing and it will bring profits for holder

Yes this summer bitcoin is really the man, demanded! But it doesn't mean that it's price became high,  even more than that, the price became very low. And we all are loosing.

Demand for bitcoin is provided not only by its popularity, but also by its promising technology, which our world now very needs. People simply will never invest their money in something they do not understand.

Bitcoin as a means of payment is revolutionary and has come to stay, we all know that this is one of the greatest revelations of this new century, meanwhile news and popularity helps growth meaning the new wave of popularity Bitcoin is receiving would certainly help improve it's price, and demand also. And as the law of demand and supply dictates the more the demand for a commodity, there would be a rise in cost price if the supply is lower than the demand.

The price of BTC also complies with the supply of the market!
More and more countries accept BTC will expand the popularity of BTC!
People will try this new thing, but the total amount of BTC is fixed, meaning that BTC will rise!

This maybe true ,the popularity of bitcoin, means a great demand in the market because investors would likely to buy or invest bitcoin so if there is great demand , it leave the market so scarce and that makes bitcoin more profitable and high market price value.

It's as clear as this bitcoin can change a person's life for the better if someone is smart to manage it can get enough profit for. In addition to the skyrocketing bitcoin price is also caused by investors who have started investing in bitcoin.

With increase in prices, demand rises and more people get attracted to bitcoins. It is also good for miners as they get paid more for mining.

It's not the popularity it's the people who invest in bitcoin and how the miners and traders behave in the market  dictates it's demand. People see how it pumps up everytime the price of it goes down, so many wants to hold bitcoins and invest. But yeah, because of the popularity of it people became aware to it.

The price of bitcoin is now based on the amount of people who are interested in bitcoin. So when many people invest in bitcoin it definitely will increase its price. Demand increases in the price!

Advancing technology plays a role on bitcoin popularity and affecting its value. As years passed, new technologies emerge and human tend to utilize it in order to have and efficient life. In the past years, money was then in the form of carved metal coins, then paper money and then came credit cards and atm cards, now its the bitcoin.

What makes bitcoin prices skyrocket is the high market demand. Besides that, there are groups that pump in the crypto market so that prices go up.

Bitcoin has achieved tremendous popularity so demand is so large that prices become very expensive, according to commercial law where demand is greater than the availability of goods, prices will rise.

The question is whether this very expensive bitcoin price is due to need or because of popularity? If the needs of the price can stabilize or rise again, but if the popularity can fall when its popularity disappears. For speculators who have bitcoin from the start clearly have enjoyed many advantages.

Right now, since the year started, we are seeing all red. I mean yeah we will see green a few time in a month bit most is red. I think we can blame what happened earlier this ywar when it spiked to an unbelievable price and it crashed just as quickly. I think people began to question if bitcoin is stil a favorable investment.

The price of Bitcoin is determined by supply and demand. When the demand for bitcoin increases, the price of bitcoin rises; when demand decreases, the price falls.
The trust of everyone supports the value of Bitcoin, and more people accept Bitcoin. The stronger the basis of Bitcoin as an exchange equivalent.

The laws of economics have been in force for many years. At least many people want  easy mney. Bikoin will buy for interest.

The price is falling right now but it doesn't mean that Bitcon became less popular. People are just scared of those red days and keep on selling.

In my own opinion the media's are manipulating the market price and different people who are creating speculations towards cryptocurrency so we cannot always expect for the price of bitcoins and altcoins to pump up.

Many reason's for this downfall of price but once demand increase price does. Yes scared to invest and do panic selling. It could creates more profit when people more hopes and believes in bitcoin.

Because there's a group of big players, who contribute to the growth of bitcoin prices (to gain profit), by buying as much as possible, with a very large volume. So it's only natural that the amount of supply's experiencing a very drastic contraction and finally makes the price of bitcoin skyrocket reaching a significant level.

No bitcoin does not have less popularity infect bitcoin is the most famous currency and it is gaining more fame, now bitcoin is recognized my more countries and they are agree to invest, new age with new ideas has come, if today price is down then it is time to buy more instead of selling or being scared of it, grab the chance if today it is down soon you see price will be at peak once again, and trust me soon the market will be green again.

Popularity of Bitcoin is due to its services and responsive actions due to which people like it very much however, all people who know about the Bitcoin not all are its part due to its precious value. Though, investment of Bitcoin is precious but not difficult as it gives us the opportunity to invest in its low market which is highly achievable and affordable for people with low savings.

Their price, as well as the price of many other things, is determined by such an economic factor as supply and demand. In some countries, bitcoin and other crypto-currencies are classified as assets, in others - to currencies.

Everyone sees only income in bitcoin.Expand your mind.Bitcoin offers a new world in which everyone can live with dignity.And all speculation in the market only scare people away.Despite this, the capitalization of bitcoin today is 4 billion 500 million dollars.Impressive!

There are many points that leads to that and it can clearly happen.

As more of the world uses Bitcoin the need for it as a medium of exchange and a way to preserve wealth will cause a huge increase in demand which will cause a huge price fluctuation.  This is one of the main reasons to be involved with Bitcoin.

bitcoin popularity increases as the market prices increase so by that time we can expect more jump in prices this price jump bitcoin popularity increases all of sudden which lead to more price growth over night

Here you can consider bitcoin and all the crypto currency as a kind of financial gambling - with the desire to win (profit) Another aspect of the digital currencies is a really excellent payment tool - useful and necessary. Speculation occurs on virtual and voluntary exchanges - I think if someone loses, then someone else wins. There is a redistribution of funds around the world.

Headline is confusing! Topic from November last year is reactivated, for what reasons?
Nothing smart were said here, new comments don't have logic because headline and topic are about last year rise, new comments talk about making profit with bitcoins. This forum is becoming more and more crazy place without any order, how many stupid people making comments here it's crazy. Stupidity isn't the biggest problem, the lack of wish for reading and learning is the biggest problem, people will stay stupid and ignorant, that's the problem.
Popularity affect demand, demand affect the price. It's not an invention of hot water, it's economy of every market.

people who want to invest, or people who want to buy new tokens or at ico. so when we want to buy a new token we must have a BTC, and especially almost all countries have received BTC so BTC prices will go up.

I also believe that the increase in demand in people affects the growth rate of bitcoin.

Bitcoin idolanya ekonomi saat ini naik turun ku rasa itu tidak asing dalam perjalanan ekonomi harian selagi harga turun bisa ane beli ketika harga meningkat tentukan pilihan mau investasi atau jual.

I strongly believed that the big whales price manipulation was vital during this time that they conspired to pump up the market so that they could attract more people to invest making the real demand to increase too that after successfully making the Bitcoin price to the moon they dump it easily as they have already ensured their huge earnings. Now i believed that soon they will pump it again as same by last year under bullish market strategy that we should wait and see so that we could be able to ride with them too.

Probably because it is now on trend about bitcoin as the price is souring high so its getting popular and the people are starting invest for the hope that they will also earn profit. so the more rhe higher the demands are, the price is gettig higher also as the supply becomes limited.

Yes that's right more profit to come as the popularity of bitcoin dictates is value and I think it will lead to many investors that will make bitcoins price on to the top. That's why more people are getting interested to invest this year and I think this may get more people that woll to invest here and get their highest profit this year of 2018 to make them more interested.

Thats right, not forever demand and popularity in one line of equations, if the price goes down does not mean bitcoin is not popular,
maybe many investors are still waiting for the right moment so they keep their assets but it could be when bitcoin is popular, demand will increase

I think the number of requests and interests of bitcoin are increasing, greatly affecting the amount of bitcoin that is skyrocketing.

Yes, it doesn't mean that bitcoin became less popular. Price doesn't matter for bitcoin, bitcoin has gotten too much popular, so matter is that how could we earn from bitcoin.

Hm, well it does not connect at all, More popularity or less popularity it does not affect or matter on bitcoin. If bitcoin decreases then its expected to be more popularity, but if rise up its expected to be less popularity because most of the people will sell their coins during rise. Its inversely proportional.

Whales always take benefits from weak hand people. Many people panic because negative news and its bad for market, whales take benefits from it and buying more bitcoin at lower price. I am agree bitcoin price soon recovery again, so i think its much better if we hold our coin

bitcoin is the beginning of crypto itself and not infrequently this makes Brend Crypto until now. Bitcoin supermarkets that are close to being used up to be mined while demand is getting higher, BTC is still used as a basic coin to give value to other coins. this is what makes bitcoin so special

What I have noticed is the fact that some rich persons are already including bitcoin in their portfolios,they are doing it silently, they will own so much in the future when everyone must have finished selling theirs cheaply

It's hard to say, but I believe that the bitcoin price depends from the investors, as well as from the market itself, which is controlled by them and various news related to it. Especially the news related to the governments of different countries because of which bitcoin depends very much.

They will not buy the bitcoins as that is not the simple and the important case.

The demand for Bitcoin is affected by the popularity of Bitcoin, and the launch and promotion of Bitcoin applications. Whether Bitcoin can be applied in a wider range of markets, the answer is almost certain.
Supply is predictable and demand is growing. Bitcoin is in a channel of appreciation.

Some time we are happy to see the bitcoin price fall, because in it we can buy bitcoin easily, and it is chance for us to hold bitcoin and sell it when price will increase. Now bitcoin price down but it is not panic situation, we should hold bitcoin and definitely one day we can earn a lot from it.

So the new case is really important to you?

You know bitcoin is getting more popular. Many people around me already know about bitcoin compared to last year. Nowadays more and more people are netted and are increasingly popular but prices are still low and below last year's price. I don't think that popularity always keeps prices up

In my opinion, the increase in bitcoin prices is influenced by new investors and many bitcoin buyers from all countries, so maybe the price of bitcoin will rise again,

Popularity is the primary reason for the increase of the prices of coins. Well, if by popularity we also mean demand. I guess it would not be truly popular if there is no high demand for it. The price of Bitcoin became so high because a lot of people are getting curious and somehow got informed about the potential of making wealth out of it. Perhaps it brought so much demand to Bitcoin.

I additionally believe the greater Bitcoin becomes famous the more the charge will increase. The extra human beings are curious approximately Bitcoin, the greater it makes them to make investments and when they invest it will increase the price which makes all and sundry satisfied.

Bitcoin has now been the topic in our everyday lives, that is for those in cryptocurrencies. We are always eager to see the price of bitcoin spiking so that it become a true reflection on the prices of other alts  :-*.

The popularity of bitcoin means an increase in the volume of trading in this crypto currency. Which in turn gives more opportunities to earn. In a market with small volumes, this is very difficult to do.

all back to the bitcoin enthusiasts, the more demand the higher the price. I think it's that easy

Bitcoin more popular recently and every media cover story about bitcoin and market trend. If bitcoin more popular and peoples want to invest, bitcoin demand will increase and i am believe price will increasing too. Bitcoin still most favorite long term investment and many expert believe bitcoin price can reach $25k end this year

It is more likely to be because the bitcoins popularity is really helping when it becomes to the increasing of price. Look what happen last year when the bitcoins became popular into the mainstream they reach almost 20k dollars in just months  lknowing that they are recently experiencing a fall right there when china bans the cryptocurrency. So that means people really contributes a lot especially popularity.

And we can't change that,because lets admit the reality that most of the people who enters this community these days are being told about the profits they migh have just by investing,without concerns in the technology and the nature of crypto community thats why they become weak whenever price drops and seeing their money decreases the value..i hate this people in same sense that we are supporting crypto until the end when they are not

The popularity of bitcoin and blockchain is good for cryptocurrency future when the media publish article or video on bitcoin and future of blockchain it is spreading the word in positive way attracting more billions into the industry

Well thus market is heavily affected by speculation anyways with fuds and positive news determining how it moves. Demand often rises and falls depending on what's the current happening in crypto.

Yes, it is true, bitcoin is decentralized, so we earn some money for it, without any other negative effects in our economy because our economy have a distinct flow of how money will circulate but this bitcoin is giving our economy more profit because it didn't less the profit of our economy it is always earning some money that's why this is true, that bitcoin means more profit.

The more bitcoin will be popular the more price of bitcoin will be high, everyone knows it bitcoin is all about demand and about supply so when more people will try to buy so the more price of bitcoin will rise higher, it is good time for all investors and traders as they are going to have bigger profit, we are being so good to invest right now as price is getting better for investors.

With the current situation of bitcoin market at this time it is better to invest while the price is at low because we can buy more at a cheaper price. Even the market are not in good correction until now still bitcoin increased its popularity and maybe demands will get higher before this year end. As of now we are on the process of full recovery.

I think now is the right time to buy back where now the bitcoin price movement has revealed the turning point of the price which has so far fallen and is very significant, this could be the beginning of bitcoin skyrocketing as late as last year

I agree. The more popular bitcoin will be the, the more will will be its demand so the higher the possibility of its price to go higher too. So, we can help bitcoin to gain its popularity.

I truly agree on that, the market price last december increase so hard because of demand in the market and that is the reason why it reach $19k dollars before the year ends.

That is true about bitcoin popularity ,so it is so demand in the market, so there are many trades that will be done or happennig because of the demand for it is very popular coin, so with this then it will gain more profits.

I think, the demand of bitcoin is greatly increasing because it is increasing its popularity, the more knowledge about bitcoin and the cryptoworld that spreads out, the more popular it becomes, and when popularity is great, so thus the demand, and when the demand is great, then the next thing that would follow it is only the increase of its value, then when people see that it just keep on increasing in value, then they are more interested in buying more coins, that means more profit, especially to those people who are holding great amount of bitcoin.

This could be a turning point for bitcoin to rise more or to turn around again as the shorts are slowly rising. We should always take into account the number of longs and shorts because it will give as an idea of what might happen to the price sooner and we can be ready for whatever it is and position our portfolio. When there is demand to bitcoin, price would increase but then there are others who would take the opportunity to sell their stash because of various reasons so we should always be ready for it.


The higher the price, there is a possibility that more investors would be entice to invest on it because of the possibility of higher profit in the future. If you have more funds then maybe it is a good opportunity to load up more of it but do not go all in as of yet because anything can happen and you may be able to buy it again for a cheaper price.

It is not the right manner how to deal with cryptocurrency because if we only tend to profit,this is not the right place for you ..this is technology wand this is the future,if theres only thing that we must expect in crypto is the futue that we can have from this not only for our selves but for our family and the whole world

Many things affect BTCs price. Actually it is about how many people hold it currently, how many people want to pay certain sum to those who hold it and so on.

I saw this post on November 29, 2016, long asleep, now prices are starting to increase little by little, so most people are starting to buy, and many are collecting, they even believe there will be an increase towards the end of 2018, I'm also sure that will happen, because I remember like last year.

I think popularity of bitcoin means increase in acceptability and which will push it to the status of a global currency.
It means more demand too but i do not think , the demand has anything to do with pricing....this is because of its high volatility nature.

Yes, of course you are right with all this. I agree with your assessment of bitcoin that bitcoin is indeed very profitable and can make us rich.

Those people did not became rich through chance, they did it by working hard and by being very smart, this should tell to us that investing in bitcoin is the right choice, the only thing that you need to do is to find the money necessary to invest in it before it is too late and the price gets completely out of reach for normal people, once that happens only those that are rich will be able to afford a bitcoin.

When more people have the need to use and invest in Bitcoin, the price of it will increase. Those who have bought and held Bitcoin will become rich. It will benefit everyone.

More demand, more profits? I do not think this is necessarily true, because maybe the popularity of bitcoin at this time is much greater than it had in 2017, however its current price is only one third of what it had then, so we should not assume that the term "popularity" is a determining factor for markets.

It's up to the time and three months to end in 2018. Do you believe in breakthroughs? Was it like last year? Up to nearly 20k dollars that would be hard to achieve this year.

Of course, but at least we contribute to this, meaning we play in the market so that the market remains stable and transports new investor investors.

Well since you talk about the popularity of bitcoin, I think that it is the reason why bitcoin price are increasing. Why? Since many countries reached the popularity of bitcoin it has a big possibility of having many investors coming from that different countries. And because of the investments of the investors it will increase the fund of bitcoin as well as the price of it.

Although demand definitely creates a pull, there are many factors in play which makes the price rise even when there is no demand. Bitcoin is not dependent of demand but can be said to be affected by it. The price may continue to rise even when there is no demand.

The popularity of this or that crypto currency is directly related to advertising the need for this currency. Any ICO as a project is designed to tell people that "without our crypto currency your future life will be inadequate." We offer (sometimes completely unnecessary services, or intend already existing ones) but for the crypt. Cryptovalts - a fashionable uncharted trend, which gives the possibility of fabulous enrichment or collapse, to whom as lucky.

Yes, I agree with you. Falling price doesn’t mean it was less popular. The price of bitcoin is volatile so it always fluctuates and people are just panicking and keeps selling their bitcoin. But to gain more profit people should not panicked and believes in bitcoin. The more people believes in bitcoin the more people will be attracted to it then more profit can come.

I am still believe that because of so many different investors would responsible to get moving of price, not just for popularity only it needs to have real work and effort to do that that's why the price of bitcoin is up and down.

The price of bitcoin is rising day by day but also crashing multiple times within a month due to its demand and its demand is just due to the benefits which bitcoin is giving to the people.
The use of bitcoin is rising within seconds but its amount is fixed because it is a currency.
As more and more people daily come to know about bitcoin and start using it, it is one of the biggest factors due to which its price is increasing and thus it is benefiting the bitcoin holders.

yes you are true the popularity of bitcoin depends on the demand and the price of bitcoin, when prices go up and can become very expensive there will be many people who make news about bitcoin that will be read by everyone in the world.

The price of bitcoin will increase steadily when the need for bitcoin increases, which means more buyers than sellers. Then, people will predict the fluctuations in bitcoin prices in the future, with the parameters of positive sentiment exhaled by the media. Especially good news from big countries.

As bitcoin become famous, many people became more interested about it. As they become interested they giving trust to bitcoin as resulted to many investment. As they invest they buy bitcoin. as demand becomes high the price also become high. In all people curiosity and tryst to bitcoin is the reason why people invest with this

Well it became famous last year and more people indeed became more interested though that means that more people witnessed how it fell from near 20k to 6k. Not a very good thing to see if you're planning on making an investment right?

At the end of 2017, the rise in Bitcoin prices was influenced by the adoption of futures and a positive news background.

Well, when you were writing this post, you were totally right. That was a wonderful case of increasing popularity of crypto. I kinda hope that something similar will happen again soon.

the price of cryptocurrency has always been dictated by the market. but at the moment we can observe the concentration of interests and the possibility of promotion of this technology

Last year is good year for most crypto in market. The price increasing more than 1000% and bitcoin reach $19k. Its highes price and i am believe bitcoin price will reach that price again in near future.
Bitcoin is savest investment in cryptomarket and i am believe in near future bitcoin become global currency

Bitcoin prices are increasingly expensive because the popularity of bitcoin is also getting higher. There is a significant relationship because bitcoin as a global currency is increasingly popular, with price increases where more and more countries are legalizing bitcoin and traders who accept payment using bitcoin.

I agree with those who believe that speculation is the most important basis of the previous substantial increase in the price of bitcoin, however I believe that this is not exclusive to the BTC. Most altcoins that are experiencing strong increases do not seem to have behind them any rationally valid justification for understanding these large increases, especially taking into account that "traditional" markets are considered successful when they obtain 10, 20 or 30% annual yield , when altcoin market has seen cases of 100,000% or more profit in a few days.

investors interests at this moment decrease alot.and some of them withdraw their money from cryptocurrency market.so maybe this is the reason why bitcoin and altcoin price not recovered yet.

I think the demand of bitcoin may affect the bitcoin price to increase because the bitcoin is the most popular currency. If the bitcoin increase it's demand I think the market will adjust and the bitcoin price will increase because of the demand.

When the capitalization of bitcoin increases, then its price increases. Accordingly, all because of the growth of investors.

More people involve  in bitcoin  dictates demand. If Popularity of bitcoin continues  it also a sign that it will increase the price of bitcoin.  The more people involve in bitcoin the big reason to increase its value thats why  investor invest in bitcoin because they know btc has a future.

Indeed this was one of the greatest times when bitcoin was so popular. But sadly after this bitcoin had dropped this year not in popularity though but in the price and its seems people are not anymore investing more on bitcoin as they seem to have understand how bitcoin and any other cryptocurrency as well really had an unpredictable market. Just recently I never noticed that the prices had dropped once again to the bottom.

That is a sure thing where rising popularity will be directly proportional to demand. if bitcoin is increasingly popular, of course many people will know about bitcoin and they will definitely try to use it and demand will rise. thats why I always popularized bitcoin in my area, to help spread of bitcoin

Definitely, this is how the principle works. Bitcoin is influenced by the principle of "supply and demand". Because of the limited supply of Bitcoin (21 million), any further increase in its demand leads to an increase in its value on the market.

Popularity has high probability that bitcoins price will skyrocket.People truly believe in bitcoin because they already saw  and read bitcoins history.People keep on looking for instant wealth and i think they see bitcoin as one of a tool that can make or fullfill everyones dreams of becoming rich.Thats is why they were confident enough in making investments in bitcoin,possibilities would be the pumping of bitcoins value in the market cap.

It is true that when one thing popular or it's use increase the demand for that increases and it is natural that demand is directly proportional with price if demand rise the crypto market will stand for higher profits and not require days even in one day the market value can be double if demand rise.

The popularity of bitcoin dictates demand, more popular bitcoin can be an attraction for investors to invest in bitcoin. Demand is the key to increasing bitcoin prices, and this has a very good impact on bitcoin holders, with many market demands that will make bitcoin prices pushed to higher prices and since then many people will get a lot of profits.

Well the problem is they're aware about bitcoin but they don't want to buy it. It doesn't matter if they're aware or not they have to buy and show the evidence that bitcoin has hug demand.

The greater the demand, the more bitcoin capitalization grows and, accordingly, bitcoin rises in price. The news also has an impact on the price movement. But I guess other than that the market is being manipulated because sometimes the market doesn't react to the news or starts rising or falling in price without any news.

Demand is a core requirement that enhance the price of Bitcoin, I hope there will be an increase with online transaction using Bitcoin as a means of exchange, with this in place you can be sure to have a regular, demand and ultimately price increase.

I think the one that affects the price of Bitcoin the most is the popularity of crypto all around the world. Every nation knows Bitcoin and cryptocurrency that's why when people invest in it the prices ho high and the demand will soar. But due to some FUDs circulating in every media, it stops the skyrocketing and the dumping of coins is inevitable.

Usually once demands increase the price also increase it so happen it dictates the popularity of bitcoin. The fuds spreading creates the down price of bitcoin so however, with the strong support and adoptions it creates demands of bitcoin.

Increase of masses that people who knows about Bitcoin can be a huge factor in making the crypto currency more popular and the people who are curious about it will try and the profit will begun the growth in the market as well as the users of the system itself.

Last 4th quarter of last year, people were on a hype since crypto currencies then are pumped up, even bitcoin reached an overwhelming high last year. But now, it is juat a steady decrease. O think yeah popularity still places a hand on it but more importantly is the projects, what can i use my my crypto currency for.

Popularization is only the first step, and the price of anything is affected by the relationship between supply and demand!
The price of BTC is also affected by the relationship between supply and demand. If it needs more than supply, btc will rise! On the contrary, it will fall and meet the laws of economics!

i think for now you can only be used as a trading, when the product hasn't been launched i don't think there is much to do. especially when it is constrained by legality, so that it is not free to use

Yeah it is right with the passage of time when more and more people come to know about cryptocurrency and bitcoin, and its importance and benefits, they will out their money in it and investment cap will increase which will cause growth in price. When price moves up investors will make big profits against their investment. All this process is natural and price will never collapse. 

That makes sense because the higher the demand of bitcoin will be, the higher the price it gets which equates to a bigger profit when you decided to sell your bitcoin too.

Yes i do agree that popularity of bitcoin dictates demand and it means profit. The more demands the higher the value of coins.

Some people are using bitcoin nowadays, I think by this the demand is growing no doubt that Bitcoin will soon be used around the world, the higher the demand the more profit it will take, hopefully, some schools are teaching crypto currency for their class for the young generations can have a knowledge of the opportunities that the crypto currency system can offer.

I try to tell as many people as I can in my locality, so that more and more people get awareness about cryptocurrency. When they realize the importance of bitcoin they will come to invest their money in it and thus the investment cap will increase. When bitcoin become popular among people the use of it will also increase and when people us it, it will circulate in the market and thus investors will be able to make good profits

Well just take for example what happened during bitcoin's run last year. The more people are hearing about the pump, the more investors coming in thus the price surged crazily. These are people who both know what they're doing and those that are just jumping on the hype.

To be known for bitcoin may cause an increase on its demand and investment. But it is only a possibility. What if they don't want to buy it. Bitcoin must be attractive for buyers and investors. For this, we need to see some improvements like recognition of bitcoin as a payment method by big online sellers.

The popularity of certain thing or technology will means a good future, this what happens to bitcoin because of its popularity in the cryptoworld it cam dictates a high demand because there are many investors who are interested to invest in this kind of technology , so if there are many business then there will be much gain and profits in the end of this investments.

This was before but now even Bitcoin become more famous everyday but still the market was affected by bearish trend in which the real demand of Bitcoin is getting low everyday therefore i think not only by popularity that make the price increases before but this is due to regulation in which both illegal and legal people could hide their money in the Crypto market before.

For sure if more people will invest in bitcoin so the price of bitcoin will be high, as we know demand and supply of bitcoin is directly proportional to the price of bitcoin, in whole market when people start investing so the price of bitcoin gets high and most of time we see the price graph rising in this time period, for me best time to buy is red and to sell it green, so the more we buy the more market will turn the color green.

If bitcoin mass adoption happen, i am believe it will increasing confident in cryptocurrency market. Bitcoin already getting more popular and if government issuing regulation about payment using bitcoin or cryptocurrency, i am believe its make bitcoin price rising.

Popularity has an influence on the price because as it becomes more popular, new investors join the Bitcoin community. Eventually, the demand of Bitcoin on the market increases which comes with an increase in value and price of Bitcoin on the market.

Yes because if it is in demand then transactions are also in demand.

the increase in bitcoin prices I think the increase in demand or purchase of these currencies and the development of crypto currencies is very difficult to predict even the bad news can affect the development of crypto currencies with conditions and conditions like now we as investors must be smart in exploiting the opportunities we get

when bitcoin demand becomes very high and demand for bitcoin increases, the supply of bitcoin will become very limited and the end will make the price of bitcoin very expensive because it is increasingly difficult to get bitcoin.

The demand for bitcoin really leads to higher prices for it and means more profits to its investors. However, bitcoin is not a magic wand. According to the laws of the market, if someone makes a profit, another for the same amount should lose it. Bitcoin does not create material values, with its help material values ​​are only redistributed. That is why Bitcoin will not be able to constantly grow in value. There will surely be a period of stabilization of its price, if this concept is generally applicable to Bitcoin, because it will never be stable in price.

On the one hand, demand is dictated by market manipulation. On the other hand, the development of the infrastructure of payments using bitcoin. Nowadays, there is less and less manipulation, so the development of infrastructure most likely prevails in this situation.

Yes, bitcoin price is determined by peoples to demand on it. The more people are interested and want bitcoin, the higher the price it gets. Whales are also one of the reasons why bitcoin's price rises or falls drastically.

Basically I agree about what you are trying to mention and in addition, If we say popularity of bitcoin dictates demand and more profit is right then there are more possibilities of more profit and it dictates demand in a way they can hear or they can witness the high value of bitcoin which someone have more profit because the more possibilities means more chances and ways to get it profitable and more project will introduce which can create or give extra profit to all in the future.

the increase in bitcoin is the same as other items, where demand is more than the available inventory, so prices will increase automatically, but the increase in bitcoin is usually caused by positive sentiments that occur in society and news that can greatly affect the value of bitcoin, so price increases are usually strongly influenced by the economic conditions of major countries in the world.

This still goes down to the significance of Bitcoin popularity. It is out of effective awareness creation that Bitcoin can become familiar and popular to the people. Through this, the beneficial concepts will be conveyed to the people and the business owners among them will integrate it into their payment systems whereas the investors will buy and hold for more profit.

the demand for investment will certainly increase the price of bitcoin, but after that they hold it, and there must be more investors like that. when new investors are getting smaller, this is a warning