Bitcoin Forum

Does bitcoin value will increase in the future if more people decide to use it?

Bitcoin is no different than any other commodity and it's price is determined by supply and demand. The supply in our case is constant, so if the demand for bitcoin increases the price will inevitably go up, since bitcoin will become rarer because a lot of people will want to own some.

No, never use it, it's a sacred thing created by God aka. Satoshi.

You disrespect Bitcoin using it.

You must only HODL

Rumor is if it gets used at high volume it gets so slow and expensive that  it crashes in value, so never use.

Now say 10 hail Mary's to Satoshi altar

Of course bitcoin will gain more value if more individuals will come in every single day in other words if the demand rises the availability of supply that is in circulation will be decreased because there are more people that are holding it. that is the basic principle of law of supply and demand. and the value of every cryptocurrency like bitcoin is determined by its supply and demand.

Yes it will increase in value because the supply is limited.

Yes it will increase. As the demand of bitcoin increases, its value also increases. It is part of studying law of demand.

What I see mostly is the market fluctuates and the volalatality is huge compared to normal financial instruments. Crypto has got major major market moves and the corrections percent is huge approx 30 percent which is abnormal considered to normal forex or stock market. So it's advisable to take positions keeping in view of the volatility. Good luck.

Rates are going to get higher because getting entry into cryptocurrencies are getting harder and harder. Many of my social friends that are getting into crypto now are asking people to sell them because they cannot buy using coinbase or related places. This is a sign that cryptocurrencies can get more and more valuable for this 1 factor.

Are all your friends dumb?
It's not harder and harder to get entry into cryptocurrencies it's easier!!!
There is no entry ticket there are no limited places.

You have 500$ to buy BTC you buy 500$ worth of it, it doesn't matter what the price of bitcoin is, what you have in mind but you have trouble writing is that you get lower returns.

And what does this even mean?
They ask people to sell because they can't buy?
What the logic behind this?

Even if the demand will increase, bitcoin will be doing what it likes to. Being unpredictable. Giving surprises at unexpected times. Making you crazy and feel like you are living in some sort of dream. But it does this time to time. It means, we are going to enjoy this experience many more times.

Just look at the way it soared in the last weeks of 2017. I mean, even experts fail to tell anything related to its future plans. I love this currency.

absolutely the price will increase if there are more people using bitcoin as an investment because of the demand of supply . For example , like advertising some site the rate will increase if there are more people visiting and contributing on their site.  The same with bitcoin if more people contributing on it the rate will Climb and the demand will increase.

Lack of any centralization (Central Bank) makes bitcoin Heavily affected by the change in supply and demand law.
if more people decide to use bitcoin (More Demand) with the limited number of bitcoin "Scarcity"(less than 21 Million), the price will rise sharply.
The main factor determining the currency value is Encourage individuals to buy currency With the possibility of conversion to basic currencies easily.
All of these factors make the value of Bitcoin increasing in the future.

Even if bitcoin does not have a central bank we have a defined emission rate in the form of block generation and the block reward which is similar to what central banks do, the biggest issue as you have pointed out is the limited supply and the deflation, while this makes bitcoin extremely valuable at the same time people treat bitcoin more as a collectible than as a currency, this limits the supply even further creating greater volatility. 

Yes because the demand of bitcoin is based on people who invested their money on it, so it means more people who invest more demand supply will increase also.

Pal, as mentioned earlier, you do not have to buy a whole coin. put whatever you can  in and repeat. Don't listen to your social friends and certainly do not sell now. There are so many options to buy now it is insane, so many exchanges and platforms! Try not to look at the price daily, it can be quite nauseating but just remeber the lower the price it means bitcoin is on sale and you will get more for your money in the long run!

I think that the price of bitcoin does not depend on the number of people who use it. Most of the coins are in the hands of whales. Many millionaires who have invested part of their assets in bitcoin. Some of these people in the capitalization of bitcoin can be very large. The appearance or disappearance of one person can have more influence than the arrival of several thousand new users.

What's less and less everyday? the supply? That's a factor that the price in future is likely going to increase so if you are holding, you may have an unexpected gain in the future. And the adoptions today are real so if people will never stop promoting and using bitcoin, we will see it soar high soon.

On paper, yes, but as what we've seen recently, the influx of bitcoin users alone wouldn't drive the price upwards that easily. There also needs to be some form of positive momentum built up for the bulls to do a massive push, and regular users alone wouldn't be able to achieve that. Price is dictated mostly by supply and demand, yes, but if the demand is weak, or the users don't have enough buying power, there'd be no significant push in the price even in the shortest time.

The more demand there is for Bitcoin, the higher the price will go. Demand can be due to using it as a form of payment, method of sending money, storeof value, or just as an investment for trading. As long as there is demand to use Bitcoin, it will retain value and potentially increase in value.

It's because the demand of people are very high especially if governments will adopt it as payments online or commodity and i'm pretty sure that those miners are gaining big just because of popularity, Bitcoin is the future and all cryptocurrencies.

If interest for Bitcoin increase and quantity remains the same, a value of Bitcoin will increase. But just to know, Bitcoin will trickle out every hour in small amounts if demand increases.

Its like a demand and supply relationship where if the demand is high and more people wants to buy bitcoin, the supply will eventually gets low and because of this, its price will increase. Its like also on the stock market where companies who sell most of their stocks has a higher value of stocks today than on its first launching. Bitcoin is limitted and soon, when all of the coins are mined , i think its price will goes high.

for sure.  Which is if there's a massive adaption will made there's a big chance to increase its valued  or let we say the valued will reach the all time high again if that time happen. But depends of the demand of supply i guess.

Bitcoin will increase it's price if there are a lot of investors will come into bitcoin and HOLD it for a long term. For sure a lot of people will gain profit after it pump again and will make another ATH's. Bitcoin price is really unpredictable and we cannot say when it will pump or dump. No one can tell us exactly will happen with bitcoin. It will always depend on us and for those who still wants to have bitcoin in a new generations.

Bitcoin value will fluctuate or change in value regardless if more or less people will use it or not because it is the nature of bitcoin to pump and dump but maybe the demand has something to do in the future especially if time comes that the supply can no longer accomodate the current demand and the only solution is to increase the value sustain the needs of market.

Yes it is, the more users the higher it's price to be. And it's nearly possible to happen because of its continuously growing population of users which is a good factor of a constant increasing of its market value.

Of course yes, bitcoin value will depend on people who use to it, so if everyone use bitcoin the demand will increase in the future. And as long they user in bitcoin, it will retained value and potentially increase it's value.

If more people decide to used bitcoin in future definitely bitcoin will increase in price and you should know that bitcoin is like every other assets for trade. When bitcoin is more acceptable all over the world it price will increase because the high the demand which might be cause by people using bitcoin the higher the price. This is in line with Economic laws.

The price of bitcoin does not depend on the number of users. Price responds to demand. Imagine the situation when whales agree with each other and stop selling coins. What will happen? The price will go up. The number of users will remain unchanged. The mechanism of formation of the price of bitcoin much more difficult.

Think of this, we are still few using bitcoin currently and what's the price of bitcoin? The price will increase dramatically when there are people who will start using it but for now the price is still calm and stable at $11,000 so let's just leave everything to bitcoin and don't worry about the price, just go along with whats happening.

The increasing number of bitcoin users will continue for a long long time, because still bitcoin is becoming more popular and new people are entering in bitcoin world, therefore bitcoin demand is also increase and to the price is. I think that bitcoin price will continue increasing and very soon its price will even reach to 100000$ in next few years. Therefore we should try to buy bitcoin in current cheap price and get good profit when its price reach to such a high value.

Definitely, Bitcoins price will increase, even if it drops badly in the near future (which may occur soon by looking at its demand), People will start purchasing it and invest as much as they can increase its demand resulting in the rise in its value.
And there is still a lot bitcoin left for mining so it is clear that it might still rise as soon as there is an availability of it.

Bitcoin values not stable. Bitcoin prices any time to change. So check the bitcoin pricess day by day. This information helpful to hold the coin and sell. If know all information then you will sell coin on time. It time to change the prices. Bitcoin is future currency so most of thr peoples hold the coin for future growth and investment.