Why is there such demand for Bitcoin?

[haocoin]

the reason why there are so much demand of bitcoin is due to the increasing number of its user. They think that there are alot of opportunity that bitcoin can provide.That is why many people are investing to it.

Since the value of bitcoin is rising, and despite the volatility, the overall market is still very impressive, so more and more people will invest in bitcoin.

[kkukkugaga]

There's such demand on btc right now because more and more people are giving value to it. The volatility of btc caught people's attention. The number of investors increase everyday and so does the demand. If many people knew about how btc really works on people's life, then they will invest and support btc. Through this, the demand goes higher and higher. We need more people to invest so btc will stay on top.

[suzane18]

There's demand for Bitcoin because lot of early investors have already tasted success by investing in Bitcoin. Looking at those people others have also started feeling that Bitcoin price might increase further. Also Bitcoin is being accepted by more and more people worldwide and lot of goverments have also legalised bitcoin trading

[stirrergreenish]

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

[_yoshi]

Teh demand on bitcoin is high, because its the most valuable cryptocurrency at the moment. Also because its very hyped from the mainstream media. The average people are not interest in the blockchain technology who stands behind. After the bullrun last year, there was so many new investors who had no idea what they buying. They just buyed bitcoin and other cryptocurrencies because of the hype.

[Rooster101]

the reason why there are so much demand of bitcoin is due to the increasing number of its user. They think that there are alot of opportunity that bitcoin can provide.That is why many people are investing to it.

Since the value of bitcoin is rising, and despite the volatility, the overall market is still very impressive, so more and more people will invest in bitcoin.

The steady growth of some bitcoin-related businesses and investors are some of the reasons why the demands for bitcoin continue to rise. Business like international money transfers and cryptocurrency exchanges are getting popular these days and many people are increasingly using these exchanges to buy or convert their bitcoin into fiat. As the demand for bitcoin continue to rise, its price will also continue to seek new all-time highs level in the future.

[cutiecez05]

There is too much demand for bitcoin if its value rises.. Many wants to exchange if value is increasing so there is a highly demand on bitcoin and opposite is that if bitcoin's value falls there is no demand for bitcoin.

[Gandam23]

There is too much demand for bitcoin if its value rises.. Many wants to exchange if value is increasing so there is a highly demand on bitcoin and opposite is that if bitcoin's value falls there is no demand for bitcoin.

That is because of us promoting bitcoin and endorsing it very well in many ways such as posting in facebook or in twitter and just loke what we are doing here. Because of that we are encouraging investors to invest in bitcoin so that the bitcoin demand will rise up and that good for the price of the bitcoin itself.

[sparrowtins5]

Everyday many people join btcs even some

[futile-resistance]

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

It benefits people, simple is this? There might have been some other reasons in history that shows a classic trend of population towards bitcoins. But still what I think is the most important and vital reason for such popularity of bitcoins is one. And that is it gives a lot of chances to people to live out. Much high rate of percentages and such monumental results at the end of such short time spans.

[Roboabhishek]

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

[_Legendary_]

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

[solopay669]

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

[andika2018]

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

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

[shaheer001]

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

[paulo29]

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

[Verona25]

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

[rozenkreitzer]

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

[globalking]

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

[Marry Finch]

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