Why is there such demand for Bitcoin?

[jordan1989]

Your question is your answer, Why is there a request for Bitcoin? because, One dollar invested in Bitcoin in 2010 is now worth $ 58,000. One thousand dollars would be worth $ 58 million. so that more and more people are attracted to bitcoin in the hope of gaining high returns from their initial investment.

[J Gambler]

Bitcoin demand is high due to many reasons and current situation demand is due to Bitcoin's familiarity among different people and different countries. The fact is, most of the people don't like banks and the way governments govern currency and this is the success of Bitcoin since the former section people who hate banks and love to use future technology adopting Bitcoin.

Too many additional funds to process transactions via bank. While with cryptocurrency we can all openly monitor. In addition, the fantastic bitcoin price increase at the end of 2017 attracts a lot of public attention. So the number of demand continues to increase.

There are some reasons why bitcoin is being in demand. It's getting popular and a lot of people are starting to get interest. They find bitcoin as a source of income and can help them to make extra profit. Other thingreason is that bitcoin can be used in internet transaction where a lot a people wants to be a part of. People nowadays are being techie and bitcoin is just one way of doing it.

[Tigerw]

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

  Everyone has his own reason for earning bitcoin. How many people have so many reasons. Personally for me, bitcoin is important not only as an additional income, but as a coin he is interesting to me for studying and I really want to wait for the time when bitcoin will win cash, I hope this will happen soon and the world will change for the better.

[Pier7]

I think its because bitcoin is incredibly famous now and more and more people are gaining interest to invest in it because they think that can make them rich real quick. It is also a sign of shifting paradigms in the world of finance, more people prefer to use bitcoin than local currency because the transaction is fast and cheap and anonymous.

[natalagerman95]

I think that such demand is because bitcoin is now very popular and everywhere one can hear only bitcoin though it decreases in growth but still it is bought.

[Ekimzjames20]

I think that such demand is because bitcoin is now very popular and everywhere one can hear only bitcoin though it decreases in growth but still it is bought.

When bitcoin start, it's known in higher value in our market. Even at this point bitcoin decreasing but still many people want to invest or join because they believe it can recover by a months or years. Many people become rich through bitcoin.

[Btc_1856]

Limited supply: Maximum Bitcoins that can ever be generated from the software is 21 million. After that no further supplies will be there. The underlying concept is that when u have something limited, it is more valued and priced.

True,  limited supply  of bitcoin which makes higher demand and it aill result to higher price. the supply of bitcoin is only 21miilion so it is lower compare to other coins.  and also bitcoin demand is higher because it is more popular and been the bumber 1 cryptocurrency for a long time.

Supply and technology behind the Bitcoin make more positive about the Bitcoin, still, there is the huge demand for Bitcoin is kept increasing in the market. Now people are getting more awareness about the Bitcoin and even governments are showing towards the Bitcoin.

[always1337]

People are looking to buy it for their purposes like gambling , investing, holding, trading or even for buying illegal stuffs. Cause of that variety uses of Bitcoin, the demands of Bitcoin are many is just normal things .
Which each use, it brings back a huge number of users for Bitcoin , i do belive the users of Bitcoin already surpassed 100 millions.

[money_amount]

I think bitcoin is well known. And its price is very high because of blockchain technology. The trend of the era is now being applied to blockchain technology a lot. Therefore, bitcoin is needed to measure the development of this technology.

[jaaeeeyyyy]

Bitcoin demand is high due to many reasons and current situation demand is due to Bitcoin's familiarity among different people and different countries. The fact is, most of the people don't like banks and the way governments govern currency and this is the success of Bitcoin since the former section people who hate banks and love to use future technology adopting Bitcoin.

Too many additional funds to process transactions via bank. While with cryptocurrency we can all openly monitor. In addition, the fantastic bitcoin price increase at the end of 2017 attracts a lot of public attention. So the number of demand continues to increase.

We can see in the chart that as the introduction of altcoins come to the masses, the amount of bitcoins that are mined gets lesser and lesser. Still it is not something to worry about as the demand for bitcoin still continues to rise exponentially even with the said decrease in amount of bitcoins mined. I think this is because they are planning to crowdfund  bitcoin to make it a very superior purchasing tool in the near future.

[chillitabit]

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

because more and more people start getting to know and buying Bitcoin. It's still the beginning of bitcoin and it can only grow from where it is right now. Let's see what following years will bring

[Swapnadeep03]

Because Bitcoin are popular website any member it's upload file  and user business promotion and any problem solution .


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[Paecga129]

It would be because there is such great potential when it comes to making money from bitcoin and more and more people are starting to notice this so they are all getting on board. Also bitcoin transactions are easier, faster and more efficient than conventional methods of sending and transferring money which is also an attractive feature about bitcoin.

[Kunal666456]

Because its demand is very high and it is limited, therefore everyone wants to get it.
And this is a good way to make quick money, so bidoin is so demanding.
I also want to earn a lot of bitcoin. 

[Flagship11]

Mostly since people are now familiar with it and want to become rich.  Most don't care about it's technology.

[Oppang Inamo]

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

There is such a demand for bitcoin because bitcoin is very helpful to many people especially in the finances of many people.In bitcoin someone can make their time and effort so very productive using the less of their time and they effort they can gain and earn so much money.

[newbie-hero]

Bitcoin demand is high due to many reasons and current situation demand is due to Bitcoin's familiarity among different people and different countries. The fact is, most of the people don't like banks and the way governments govern currency and this is the success of Bitcoin since the former section people who hate banks and love to use future technology adopting Bitcoin.

Too many additional funds to process transactions via bank. While with cryptocurrency we can all openly monitor. In addition, the fantastic bitcoin price increase at the end of 2017 attracts a lot of public attention. So the number of demand continues to increase.

There are some reasons why bitcoin is being in demand. It's getting popular and a lot of people are starting to get interest. They find bitcoin as a source of income and can help them to make extra profit. Other thingreason is that bitcoin can be used in internet transaction where a lot a people wants to be a part of. People nowadays are being techie and bitcoin is just one way of doing it.

https://bitcointalk.org/index.php?topic=2407787.msg33725551#msg33725551
Some percentage of investors are not even expecting for the great profit. They are interested in Bitcoin as it is the decentralized crypto that is used by all exchanges.

[futuret]

Bitcoin demand is high due to many reasons and current situation demand is due to Bitcoin's familiarity among different people and different countries. The fact is, most of the people don't like banks and the way governments govern currency and this is the success of Bitcoin since the former section people who hate banks and love to use future technology adopting Bitcoin.

Too many additional funds to process transactions via bank. While with cryptocurrency we can all openly monitor. In addition, the fantastic bitcoin price increase at the end of 2017 attracts a lot of public attention. So the number of demand continues to increase.

Number of Bitcoins increase means supply increase due to demand increase that results in the high value of Bitcoin. Demand of Bitcoin is increasing with the decrease in market value because the reason behind is the easiness for people to afford Bitcoin at low price so that they invest with huge number of coins that will give them the outcome which will be very huge as the Bitcoin is bought at low price and now selling at high price so automatically the investor is in profit.

[Epimetheus]

Bitcoin demand is high due to many reasons and current situation demand is due to Bitcoin's familiarity among different people and different countries. The fact is, most of the people don't like banks and the way governments govern currency and this is the success of Bitcoin since the former section people who hate banks and love to use future technology adopting Bitcoin.

Too many additional funds to process transactions via bank. While with cryptocurrency we can all openly monitor. In addition, the fantastic bitcoin price increase at the end of 2017 attracts a lot of public attention. So the number of demand continues to increase.

Number of Bitcoins increase means supply increase due to demand increase that results in the high value of Bitcoin. Demand of Bitcoin is increasing with the decrease in market value because the reason behind is the easiness for people to afford Bitcoin at low price so that they invest with huge number of coins that will give them the outcome which will be very huge as the Bitcoin is bought at low price and now selling at high price so automatically the investor is in profit.

Bitcoin is the number one cryptocurrency.It is capturing the market and its spreading its roots.It has established itself from the last nine years and has gained a lot of users.Bitcoin is a very good platform for earning money.It is a blessing for those who are jobless and are in need of money.Many people do not like banks and so they like to store their money in the form of bitcoins in their bitcoin wallet.Investing in bitcoin also leads to a large profit margins.Transactions through bitcoin are also very smooth and fast.

[Jimbozzz]

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