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Author Topic: popularity of bitcoin dictates demand, means more profit  (Read 2589 times)
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August 27, 2018, 02:31:22 PM
 #301

The popularity of bitcoin and blockchain is good for cryptocurrency future when the media publish article or video on bitcoin and future of blockchain it is spreading the word in positive way attracting more billions into the industry
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August 27, 2018, 03:30:09 PM
 #302

The popularity of bitcoin and blockchain is good for cryptocurrency future when the media publish article or video on bitcoin and future of blockchain it is spreading the word in positive way attracting more billions into the industry

Well thus market is heavily affected by speculation anyways with fuds and positive news determining how it moves. Demand often rises and falls depending on what's the current happening in crypto.

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August 28, 2018, 02:59:47 PM
 #303

Yes, it is true, bitcoin is decentralized, so we earn some money for it, without any other negative effects in our economy because our economy have a distinct flow of how money will circulate but this bitcoin is giving our economy more profit because it didn't less the profit of our economy it is always earning some money that's why this is true, that bitcoin means more profit.
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September 02, 2018, 11:41:09 PM
 #304

The popularity of bitcoin means an increase in the volume of trading in this crypto currency. Which in turn gives more opportunities to earn. In a market with small volumes, this is very difficult to do.
The more bitcoin will be popular the more price of bitcoin will be high, everyone knows it bitcoin is all about demand and about supply so when more people will try to buy so the more price of bitcoin will rise higher, it is good time for all investors and traders as they are going to have bigger profit, we are being so good to invest right now as price is getting better for investors.
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September 03, 2018, 05:33:17 AM
 #305

The popularity of bitcoin means an increase in the volume of trading in this crypto currency. Which in turn gives more opportunities to earn. In a market with small volumes, this is very difficult to do.
The more bitcoin will be popular the more price of bitcoin will be high, everyone knows it bitcoin is all about demand and about supply so when more people will try to buy so the more price of bitcoin will rise higher, it is good time for all investors and traders as they are going to have bigger profit, we are being so good to invest right now as price is getting better for investors.


With the current situation of bitcoin market at this time it is better to invest while the price is at low because we can buy more at a cheaper price. Even the market are not in good correction until now still bitcoin increased its popularity and maybe demands will get higher before this year end. As of now we are on the process of full recovery.

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September 03, 2018, 07:44:08 AM
 #306

I think now is the right time to buy back where now the bitcoin price movement has revealed the turning point of the price which has so far fallen and is very significant, this could be the beginning of bitcoin skyrocketing as late as last year

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September 03, 2018, 07:49:17 AM
 #307

in my opinion, this is what happening right now as the trend of bitcoin price has been sky rocketing.  what do you think affects the price increase of bitcoin today?
I agree. The more popular bitcoin will be the, the more will will be its demand so the higher the possibility of its price to go higher too. So, we can help bitcoin to gain its popularity.
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September 03, 2018, 09:47:59 AM
 #308

in my opinion, this is what happening right now as the trend of bitcoin price has been sky rocketing.  what do you think affects the price increase of bitcoin today?
I agree. The more popular bitcoin will be the, the more will will be its demand so the higher the possibility of its price to go higher too. So, we can help bitcoin to gain its popularity.

I truly agree on that, the market price last december increase so hard because of demand in the market and that is the reason why it reach $19k dollars before the year ends.

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September 03, 2018, 10:08:17 AM
 #309

That is true about bitcoin popularity ,so it is so demand in the market, so there are many trades that will be done or happennig because of the demand for it is very popular coin, so with this then it will gain more profits.
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September 03, 2018, 10:09:15 AM
 #310

I think, the demand of bitcoin is greatly increasing because it is increasing its popularity, the more knowledge about bitcoin and the cryptoworld that spreads out, the more popular it becomes, and when popularity is great, so thus the demand, and when the demand is great, then the next thing that would follow it is only the increase of its value, then when people see that it just keep on increasing in value, then they are more interested in buying more coins, that means more profit, especially to those people who are holding great amount of bitcoin.

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September 03, 2018, 10:35:21 AM
 #311

I think now is the right time to buy back where now the bitcoin price movement has revealed the turning point of the price which has so far fallen and is very significant, this could be the beginning of bitcoin skyrocketing as late as last year

This could be a turning point for bitcoin to rise more or to turn around again as the shorts are slowly rising. We should always take into account the number of longs and shorts because it will give as an idea of what might happen to the price sooner and we can be ready for whatever it is and position our portfolio. When there is demand to bitcoin, price would increase but then there are others who would take the opportunity to sell their stash because of various reasons so we should always be ready for it.

That is true about bitcoin popularity ,so it is so demand in the market, so there are many trades that will be done or happennig because of the demand for it is very popular coin, so with this then it will gain more profits.

The higher the price, there is a possibility that more investors would be entice to invest on it because of the possibility of higher profit in the future. If you have more funds then maybe it is a good opportunity to load up more of it but do not go all in as of yet because anything can happen and you may be able to buy it again for a cheaper price.

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September 03, 2018, 10:37:47 AM
 #312

in my opinion, this is what happening right now as the trend of bitcoin price has been sky rocketing.  what do you think affects the price increase of bitcoin today?

Mostly speculation. People are buying bitcoins and expecting to make money when they sell at a higher price.

It is not the right manner how to deal with cryptocurrency because if we only tend to profit,this is not the right place for you ..this is technology wand this is the future,if theres only thing that we must expect in crypto is the futue that we can have from this not only for our selves but for our family and the whole world

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September 03, 2018, 03:41:20 PM
 #313

Many things affect BTCs price. Actually it is about how many people hold it currently, how many people want to pay certain sum to those who hold it and so on.

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September 03, 2018, 04:04:36 PM
 #314

in my opinion, this is what happening right now as the trend of bitcoin price has been sky rocketing.  what do you think affects the price increase of bitcoin today?
I saw this post on November 29, 2016, long asleep, now prices are starting to increase little by little, so most people are starting to buy, and many are collecting, they even believe there will be an increase towards the end of 2018, I'm also sure that will happen, because I remember like last year.

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September 03, 2018, 04:31:01 PM
 #315

I think popularity of bitcoin means increase in acceptability and which will push it to the status of a global currency.
It means more demand too but i do not think , the demand has anything to do with pricing....this is because of its high volatility nature.

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September 03, 2018, 07:05:36 PM
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Yes, of course you are right with all this. I agree with your assessment of bitcoin that bitcoin is indeed very profitable and can make us rich.
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September 03, 2018, 09:12:25 PM
 #317

What I have noticed is the fact that some rich persons are already including bitcoin in their portfolios,they are doing it silently, they will own so much in the future when everyone must have finished selling theirs cheaply
Those people did not became rich through chance, they did it by working hard and by being very smart, this should tell to us that investing in bitcoin is the right choice, the only thing that you need to do is to find the money necessary to invest in it before it is too late and the price gets completely out of reach for normal people, once that happens only those that are rich will be able to afford a bitcoin.



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September 06, 2018, 08:51:47 AM
 #318

When more people have the need to use and invest in Bitcoin, the price of it will increase. Those who have bought and held Bitcoin will become rich. It will benefit everyone.

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September 06, 2018, 05:58:15 PM
 #319

More demand, more profits? I do not think this is necessarily true, because maybe the popularity of bitcoin at this time is much greater than it had in 2017, however its current price is only one third of what it had then, so we should not assume that the term "popularity" is a determining factor for markets.

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September 06, 2018, 10:34:10 PM
 #320

I think now is the right time to buy back where now the bitcoin price movement has revealed the turning point of the price which has so far fallen and is very significant, this could be the beginning of bitcoin skyrocketing as late as last year
It's up to the time and three months to end in 2018. Do you believe in breakthroughs? Was it like last year? Up to nearly 20k dollars that would be hard to achieve this year.

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