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Author Topic: popularity of bitcoin dictates demand, means more profit  (Read 2534 times)
talenah kotang
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September 06, 2018, 11:31:03 PM
 #321

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.
Of course, but at least we contribute to this, meaning we play in the market so that the market remains stable and transports new investor investors.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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September 13, 2018, 05:27:39 PM
 #322

Well since you talk about the popularity of bitcoin, I think that it is the reason why bitcoin price are increasing. Why? Since many countries reached the popularity of bitcoin it has a big possibility of having many investors coming from that different countries. And because of the investments of the investors it will increase the fund of bitcoin as well as the price of it.
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September 15, 2018, 08:47:04 AM
 #323

Although demand definitely creates a pull, there are many factors in play which makes the price rise even when there is no demand. Bitcoin is not dependent of demand but can be said to be affected by it. The price may continue to rise even when there is no demand.
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September 15, 2018, 09:12:33 AM
 #324

The popularity of this or that crypto currency is directly related to advertising the need for this currency. Any ICO as a project is designed to tell people that "without our crypto currency your future life will be inadequate." We offer (sometimes completely unnecessary services, or intend already existing ones) but for the crypt. Cryptovalts - a fashionable uncharted trend, which gives the possibility of fabulous enrichment or collapse, to whom as lucky.
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September 16, 2018, 02:36:48 AM
 #325

The price is falling right now but it doesn't mean that Bitcon became less popular. People are just scared of those red days and keep on selling.
Many reason's for this downfall of price but once demand increase price does. Yes scared to invest and do panic selling. It could creates more profit when people more hopes and believes in bitcoin.
Yes, I agree with you. Falling price doesn’t mean it was less popular. The price of bitcoin is volatile so it always fluctuates and people are just panicking and keeps selling their bitcoin. But to gain more profit people should not panicked and believes in bitcoin. The more people believes in bitcoin the more people will be attracted to it then more profit can come.

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September 16, 2018, 05:32:06 AM
 #326

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 am still believe that because of so many different investors would responsible to get moving of price, not just for popularity only it needs to have real work and effort to do that that's why the price of bitcoin is up and down.

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September 28, 2018, 12:25:20 PM
 #327

The price is falling right now but it doesn't mean that Bitcon became less popular. People are just scared of those red days and keep on selling.
Many reason's for this downfall of price but once demand increase price does. Yes scared to invest and do panic selling. It could creates more profit when people more hopes and believes in bitcoin.
Yes, I agree with you. Falling price doesn’t mean it was less popular. The price of bitcoin is volatile so it always fluctuates and people are just panicking and keeps selling their bitcoin. But to gain more profit people should not panicked and believes in bitcoin. The more people believes in bitcoin the more people will be attracted to it then more profit can come.

The price of bitcoin is rising day by day but also crashing multiple times within a month due to its demand and its demand is just due to the benefits which bitcoin is giving to the people.
The use of bitcoin is rising within seconds but its amount is fixed because it is a currency.
As more and more people daily come to know about bitcoin and start using it, it is one of the biggest factors due to which its price is increasing and thus it is benefiting the bitcoin holders.


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September 28, 2018, 01:54:23 PM
 #328

yes you are true the popularity of bitcoin depends on the demand and the price of bitcoin, when prices go up and can become very expensive there will be many people who make news about bitcoin that will be read by everyone in the world.
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September 28, 2018, 02:38:54 PM
 #329

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.
The price of bitcoin will increase steadily when the need for bitcoin increases, which means more buyers than sellers. Then, people will predict the fluctuations in bitcoin prices in the future, with the parameters of positive sentiment exhaled by the media. Especially good news from big countries.
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September 28, 2018, 04:51:33 PM
 #330

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?

As bitcoin become famous, many people became more interested about it. As they become interested they giving trust to bitcoin as resulted to many investment. As they invest they buy bitcoin. as demand becomes high the price also become high. In all people curiosity and tryst to bitcoin is the reason why people invest with this



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September 28, 2018, 05:54:17 PM
 #331

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?

As bitcoin become famous, many people became more interested about it. As they become interested they giving trust to bitcoin as resulted to many investment. As they invest they buy bitcoin. as demand becomes high the price also become high. In all people curiosity and tryst to bitcoin is the reason why people invest with this

Well it became famous last year and more people indeed became more interested though that means that more people witnessed how it fell from near 20k to 6k. Not a very good thing to see if you're planning on making an investment right?

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September 28, 2018, 06:18:52 PM
 #332

At the end of 2017, the rise in Bitcoin prices was influenced by the adoption of futures and a positive news background.

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September 28, 2018, 07:05:40 PM
 #333

Well, when you were writing this post, you were totally right. That was a wonderful case of increasing popularity of crypto. I kinda hope that something similar will happen again soon.

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September 28, 2018, 08:18:32 PM
 #334

the price of cryptocurrency has always been dictated by the market. but at the moment we can observe the concentration of interests and the possibility of promotion of this technology

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September 29, 2018, 12:19:10 AM
 #335

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?

As bitcoin become famous, many people became more interested about it. As they become interested they giving trust to bitcoin as resulted to many investment. As they invest they buy bitcoin. as demand becomes high the price also become high. In all people curiosity and tryst to bitcoin is the reason why people invest with this

Well it became famous last year and more people indeed became more interested though that means that more people witnessed how it fell from near 20k to 6k. Not a very good thing to see if you're planning on making an investment right?

Last year is good year for most crypto in market. The price increasing more than 1000% and bitcoin reach $19k. Its highes price and i am believe bitcoin price will reach that price again in near future.
Bitcoin is savest investment in cryptomarket and i am believe in near future bitcoin become global currency

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October 02, 2018, 11:31:13 AM
 #336

yes you are true the popularity of bitcoin depends on the demand and the price of bitcoin, when prices go up and can become very expensive there will be many people who make news about bitcoin that will be read by everyone in the world.
Bitcoin prices are increasingly expensive because the popularity of bitcoin is also getting higher. There is a significant relationship because bitcoin as a global currency is increasingly popular, with price increases where more and more countries are legalizing bitcoin and traders who accept payment using bitcoin.
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October 02, 2018, 10:41:37 PM
 #337

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 with those who believe that speculation is the most important basis of the previous substantial increase in the price of bitcoin, however I believe that this is not exclusive to the BTC. Most altcoins that are experiencing strong increases do not seem to have behind them any rationally valid justification for understanding these large increases, especially taking into account that "traditional" markets are considered successful when they obtain 10, 20 or 30% annual yield , when altcoin market has seen cases of 100,000% or more profit in a few days.

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October 03, 2018, 02:37:21 AM
 #338

the price of cryptocurrency has always been dictated by the market. but at the moment we can observe the concentration of interests and the possibility of promotion of this technology
investors interests at this moment decrease alot.and some of them withdraw their money from cryptocurrency market.so maybe this is the reason why bitcoin and altcoin price not recovered yet.

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October 03, 2018, 03:01:50 AM
 #339

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 think the demand of bitcoin may affect the bitcoin price to increase because the bitcoin is the most popular currency. If the bitcoin increase it's demand I think the market will adjust and the bitcoin price will increase because of the demand.
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October 03, 2018, 10:02:27 AM
 #340

When the capitalization of bitcoin increases, then its price increases. Accordingly, all because of the growth of investors.

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