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Author Topic: Why is there such demand for Bitcoin?  (Read 2659 times)
boddy.dy
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March 03, 2018, 09:51:25 AM
 #321

There is such of demand of bticoin because more and more people are using this. We all know the law of demand versus supply. That if the demand goes so high the supply must follow thru. In the case of bitcoin, because the supply of bitcoin is so limited and the demand goes high its value will be affected. Some of people are happy when its value goes high because the value of their bitcoin will go high to but some also are getting sad because they can’t buy bitcoin for their transactions because the value is high. So the real question here is are you happy because the demand of the bitcoin goes high?
Ultegra134
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March 03, 2018, 09:54:27 AM
 #322

There is such of demand of bticoin because more and more people are using this. We all know the law of demand versus supply. That if the demand goes so high the supply must follow thru. In the case of bitcoin, because the supply of bitcoin is so limited and the demand goes high its value will be affected. Some of people are happy when its value goes high because the value of their bitcoin will go high to but some also are getting sad because they can’t buy bitcoin for their transactions because the value is high. So the real question here is are you happy because the demand of the bitcoin goes high?
There's a demand for it because there is money to be made, the more promising the "investment" plan looks, the more demand it has. Let's be realistic here, what percentage of Bitcoin users actually use it for practical purposes such as purchases and so on? Most of us treat it as an asset, to make money and nothing more. Bitcoin and generally Cryptocurrencies have large profit margins, hence their increased demand.

 
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KarmaIsme
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March 03, 2018, 09:56:28 AM
 #323

The main reason which I think is that it makes u wealthier very quickly and help u to get financial freedom .
wave1002012
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March 04, 2018, 04:39:28 PM
 #324

The  reason why there's such demand for bitcoin is because of the increasing number of people who believed and invest in bitcoin.
udivkx
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March 04, 2018, 05:21:34 PM
 #325

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

bigbosma
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March 04, 2018, 05:53:01 PM
 #326

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

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Xenoph0bia
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March 04, 2018, 06:03:48 PM
 #327

There is such of demand of bticoin because more and more people are using this. We all know the law of demand versus supply. That if the demand goes so high the supply must follow thru. In the case of bitcoin, because the supply of bitcoin is so limited and the demand goes high its value will be affected. Some of people are happy when its value goes high because the value of their bitcoin will go high to but some also are getting sad because they can’t buy bitcoin for their transactions because the value is high. So the real question here is are you happy because the demand of the bitcoin goes high?
There's a demand for it because there is money to be made, the more promising the "investment" plan looks, the more demand it has. Let's be realistic here, what percentage of Bitcoin users actually use it for practical purposes such as purchases and so on? Most of us treat it as an asset, to make money and nothing more. Bitcoin and generally Cryptocurrencies have large profit margins, hence their increased demand.
This is because Bitcoin is the platform to earn money in a very short period of time.Since it is the leading cryptocurrency in the market,more and more people are attracted towards it by seeing the profit margin it gives.It is the best option for investment purposes as it gives a huge amount of return in a lesser time period. The sognature campaigns are in easy way to earn Bitcoins. To store Bitcoins you need to have a bitcoin wallet.In this you can store any amount of Bitcoins and there is no limit. Taxes cannot be applied on it show the profit returns are full.
bitvelk
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March 04, 2018, 06:15:25 PM
 #328

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

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tiktak89
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March 04, 2018, 06:32:22 PM
 #329

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

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drukoz2
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March 04, 2018, 06:47:39 PM
 #330

Because the benefits of investing in bitcoin are obvious. Hundreds of investors have already paid off the purchase of bitcoin and they get a net profit. And the prospects for price growth are impressive.
Borisov
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March 04, 2018, 06:54:08 PM
 #331

More and more people begin to trust bitcoin than Fiat currency. Bitcoin has great advantages over the same banks (for example)and people give preference to bitcoin than banks. Others simply invest in the future. everyone is looking for their benefits.
shamimal93
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March 04, 2018, 11:49:05 PM
 #332

Because bitcoin is one of the best cryptocurrency in this advanced world. Many people are using bitcoin in this time. Thats why bitcoin demand is so high.

Zeque02
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March 05, 2018, 02:15:34 AM
 #333

Because bitcoin is one of the best cryptocurrency in this advanced world. Many people are using bitcoin in this time. Thats why bitcoin demand is so high.

The reason why there is such demand of bitcoin is because of the number of investor who invest and the profit that we can get through working. It is one reason of demand why it goes high. Because of that, the price of bitcoin will goes up which can double your investment.

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Klestar
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March 05, 2018, 02:30:46 AM
 #334

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

Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login
First bitcoin is the one of the oldest cryptocurrency that exist until now, it really matters because it already gain the trust of the user and investors. Secondly it is now a very flexible cryptocurrency, in fact you can use bitcoin in many ways most probably as a medium of payment and always compares to physical money.
zapata
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March 05, 2018, 02:40:18 AM
 #335

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

Simple, because it's new, and it kinda makes you rich much easier and quicker. Everyone wants to adopt it in an early basis.
Yes. Bitcoin is a new kind of business which is give a big profit. The profit from btc investment is huge. Bitcoin also help the people to make the person rich and change the life
xbiv2
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March 05, 2018, 02:41:13 AM
 #336

Quote
Why is there such demand for Bitcoin?

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OllieOllielolo9
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March 05, 2018, 02:49:55 AM
 #337

The original demand is built from it being a way to store funds and a way to send funds anywhere in the world without relying on a bank or government. It appreciated through the years which make it more interesting for people to invest almost a decade now since bitcoin was introduce and for a long time it prove to be a good asset to hold this maybe the reason why up to this time the demand of bitcoin continue to grow
Stac
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March 05, 2018, 03:08:19 AM
 #338

There is always demand for bitcoins as it is the first crypto currency in the crypto market and all other altnernative coins are just followers of bitcoins with a  certain upgraded feature to attract more user's to the new crypto currency. As bitcoin is the first crypto currency and it started or came into existence in the year 2009 which is almost 9 years of now, makes people to trust than any other crypto currency in the crypto market, and all the bitcoin transactions world wide are safe and secure with high transparency as all the transactions are recorded in the public ledger. Another reason for user's entering the bitcoin  market is due to the fact that the price of bitcoin increases tremendously 1000 or 10000 times more than the value at the beginning of the year which makes it a good asset for investment.

jakezyrus
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March 05, 2018, 03:17:04 AM
 #339

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

Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login
First bitcoin is the one of the oldest cryptocurrency that exist until now, it really matters because it already gain the trust of the user and investors. Secondly it is now a very flexible cryptocurrency, in fact you can use bitcoin in many ways most probably as a medium of payment and always compares to physical money.

Being first does play a major part in order to gain trust but we should also considered the usefullness of it. however bitcoin is indeed useful in so many ways, that is why bitcoin is still in demand thesedays. not only bitcoins but also other coins like altcoins especially etherium, is also indemand today because etherium is indeed a pretty useful coin in terms of investment , trading and even payment gateway. 
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March 05, 2018, 03:23:31 AM
 #340


Bitcoin is the hottest commodity in the cryptocurrency world. its scarcity together with high value and usability makes it the most important asset to have. its widely accepted across markets and therefore easy to transact with making it popular among investors, businesses and other users.

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