Why is there such demand for Bitcoin?

[yj300316]

One dollar invested in Bitcoin in 2010 is now worth $58,000. One thousand dollars would be worth $58 million. Despite more Bitcoins being mined, demand still by far outstrips supply.

Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login

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

[smhome354]

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

[glaciercapital]

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

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

[gabbiee]

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

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

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

[Kahoy01]

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

[thienhadoi]

Marinecoin with friendly system and fast processing speed with each receive and transfer MTC. Speed ​​is 500% faster than bitcoin. That saves time and ensures the safety of your property. That also means very low fees.
The administrators are friendly and support you very quickly.
Community with the participation of individuals around the world. A strong community and always welcome you.
Marinecoin with their comeback, they bring a treat too when you join the Marinecoin community with a reward of 450000 MTC.
Join the Marinecoin community and enjoy the fun.
https://marineco.in/

[thenameisjay]

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

[ralph_0608]

One dollar invested in Bitcoin in 2010 is now worth $58,000. One thousand dollars would be worth $58 million. Despite more Bitcoins being mined, demand still by far outstrips supply.

Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login

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

[Serdaldal]

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

[Dico88]

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

[Zyborg]

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

[xsaints128]

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

[Quesdana]

One dollar invested in Bitcoin in 2010 is now worth $58,000. One thousand dollars would be worth $58 million. Despite more Bitcoins being mined, demand still by far outstrips supply.

Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login

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

[richcoincloud11]

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

[online73]

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

[Pendularin]

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

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

[hacker10]

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

[thet]

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

[Akosibatman]

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

[paa1991]

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