popularity of bitcoin dictates demand, means more profit

[Rufsilf]

We should really increase the popularity of bitcoin by promoting it so we can have a good range of profit to expect because if the popularity for bitcoin grows a lot then people are more aware of bitcoin and they can just get into bitcoin and increase the demand by it and we can expect some increase in the price and hope for the best profit.

[bubble pop]

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?

Everyone wants to have good and high value of profit so let us work together and promote bitcoin because as we all know it's high value depends on it's popularity. I think the best way to promote to make bitcoin its popularity more than the former is to use technology by the used of social medias because everyone even the veteran's are expose to it.

[zander09]

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?

Everyone wants to have good and high value of profit so let us work together and promote bitcoin because as we all know it's high value depends on it's popularity. I think the best way to promote to make bitcoin its popularity more than the former is to use technology by the used of social medias because everyone even the veteran's are expose to it.

We can easily promote bitcoin through social media because people now a days are always have time in Facebook, Twitter etc, but don't expect that other's are always accept bitcoin because it is hard to  explain to other people about bitcoin especially those person who don't believe in bitcoin.

[Xester]

We should really increase the popularity of bitcoin by promoting it so we can have a good range of profit to expect because if the popularity for bitcoin grows a lot then people are more aware of bitcoin and they can just get into bitcoin and increase the demand by it and we can expect some increase in the price and hope for the best profit.

If bitcoin will become popular to many people, its price will definitely goes up.  Thanks to social media who increases bitcoin popularity.  If many knows bitcoin, then many will buy and the price of bitcoin will goes up again.  The more the demand and the supply is few, high price will once again happen.

[Zeque02]

in my opinion, popularity means increase in value because when a certain object like for example GOLD is in demand. suppliers will have the guts to increase its value so that they could obtain more profit since even the value increases they know that it will still be in demand and consumers will buy it regardless of its value increase.

I agree about what you tell. In addtion, If we say popularity of bitcoin  dictates demand and more profit is right. Dictates demand in a way they can hear or they can witness the high value of bitcoin which someone have. More profit because the merrier it is the more project will introduce which can create or give extra profit to all.

[ramgonzales]

For me what I can see here is the law of supply and demand, Bitcoin has already proven its value can really soar high so more and more people are now interested in getting it, they are thinking that they can gain profits for owning one. So the more people wants it, the higher the demand, remember Bitcoin supply is limited hence, in scenarios like this, its value will go up.

[Zadicar]

We should really increase the popularity of bitcoin by promoting it so we can have a good range of profit to expect because if the popularity for bitcoin grows a lot then people are more aware of bitcoin and they can just get into bitcoin and increase the demand by it and we can expect some increase in the price and hope for the best profit.

If bitcoin will become popular to many people, its price will definitely goes up.  Thanks to social media who increases bitcoin popularity.  If many knows bitcoin, then many will buy and the price of bitcoin will goes up again.  The more the demand and the supply is few, high price will once again happen.

This is just a simple economic subject which is purely telling on how the law of supply and demand works which is normal. If theres demand with less or do have limited supply then its expected that price would soar up high. Social media is one of the mediums on where it do really helps to scatter bitcoins awareness or into its existence. Profits would go into its early adopters or hodlers but for me bitcoin isn't really just being created solely on making money.We should always think on the true purpose of it why its had being created.

[BLACK LEG]

Of course because more and more bitcoin enthusiasts will be worth more the value, such as land investment for example, the more buyers the more expensive the land price.

[Crafts12]

As it high and became phenomenal everyone is curious is getting interested and everyone wants to try to invest if what they hear about bitcoin is really true and sometimes the condition seems the higher the demands the greater the price and so is the stock chances for investor to make a profit and the stronger the bitcoin may become.

Yes it is its like the concept of supply and demand. As the people who joined here increases the value of it increase because of the demand. Actually its not only happening to bitcoin but to all type of cryptocurrency that was existing. People continue spreading bitcoin all iver thw world because they knew that it can give more profit to them when bitcoin price increases.

[Similificator]

For me what I can see here is the law of supply and demand, Bitcoin has already proven its value can really soar high so more and more people are now interested in getting it, they are thinking that they can gain profits for owning one. So the more people wants it, the higher the demand, remember Bitcoin supply is limited hence, in scenarios like this, its value will go up.

Precisely! It really is nice to see that some of the newbies nowadays really do know more on what they are talking about and not just blabbering nonsense things all over the place for the sake of post counts. If only a lot more newbies are like you, I think the forum will be better. Although I am not saying it is bad, it really is in a state where people do not post to pass, share or to ask for information anymore. Instead, most of the people nowadays only post for greed. Which really hurts the ideology that this forum was built for in the first place.

Anyways, back to topic. Judging by how the crypto world has been moving for the past few months and years, I think that we are all heading on the right path, all the things that has happened that most of the people think is a bad thing is actually a very healthy thing to happen for the crypto world. If this path continues, then I think that cryptos will really lead every supporter to success together with it.

[obinine]

   For me, yes when the interest for bitcoin develops the cost will likewise increment. Bitcoin cost is getting to be costly, and you can acquire or benefit more from it. Likewise, bitcoin is ending up much prevalent if the will increment quickly. Be that as it may, in the event that you simply mine bitcoin to get it, it will turn out to be much hard on the grounds that the opposition is getting significantly harder.

[mrcash02]

As it high and became phenomenal everyone is curious is getting interested and everyone wants to try to invest if what they hear about bitcoin is really true and sometimes the condition seems the higher the demands the greater the price and so is the stock chances for investor to make a profit and the stronger the bitcoin may become.

Yes it is its like the concept of supply and demand. As the people who joined here increases the value of it increase because of the demand. Actually its not only happening to bitcoin but to all type of cryptocurrency that was existing. People continue spreading bitcoin all iver thw world because they knew that it can give more profit to them when bitcoin price increases.

That is how all the kinds of markets in the world should work. I can't imagine anything simpler and more natural than the demand and supply rule. If you want o see BTC price increasing, put some effort on it, making Bitcoin popularity increase among your community, your online groups, your friends, your family... This way you are contributing to make more people invest like you, consequently increasing the currency's price for everyone benefit from it, but always keeping in mind it's not a certain to become rich overnight and always being aware about the two sides of the coin, what pushes it up, pushes it down as well.

[dhrazzen]

Yes it is!  The more investors to invest the higher its price. So, its demand depends on its price and investors. Since,  bitcoin is the base of all altcoins,if bitcoin will increases altcoins will increase also.

[juragane]

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?

which makes the effect of bitcoin price increase is political and in terms of very high demand but the availability or total supply of bitcoin is very limited, it will definitely trigger a rise in bitcoin prices.

[MMS2017]

Yes when a currency is become popular the people become interested in that currency and this makes the demand for that currency and ultimate the profits comes sometime we feel that the market is down but in the next second again the market comes rising which shows the market volatility for the bitcoin it must be sure that the bitcoin market is good and those who have bitcoin they are safe and secure.

[BigDig]

Unfortunately, due to the growing popularity, a lot of scam projects began to appear. the situation will change in the future, but so far, such a hayp is not good for bitcoin

[Rawa]

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?

Media support,governments coming up to regulate bitcoin instead of banning it and big companies like CME entering the market by issuing bitcoin futures.Earlier,most of the financial firms were against bitcoin and they criticized it as a bubble or a ponzi scheme or a pyramid scheme.So,there was no media support also.But despite such situations,bitcoin performed very well and its price steadily increased.So at one point,those firms realized that they could no more avoid bitcoin and so they decided to enter bitcoin market and make use of it.As a result,bitcoin got heavy exposure in media which brought bitcoin new investors.All these made bitcoin price to reach ATH price.

Bitcoin has an enourmous branding power at the moment, and that means that it gets plenty of attention from media and the people in general. IMO that may have a negative impact sometimes, for the rest of coins.

Yeah bitcoin has got a lot of attention and it is popular currency now, for me bitcoin is the best as it is popular currency and no currency can reach the level of bitcoin. indeed it is harmful for some of coin as no other coin is on demand people are asking for bitcoin all the time and this thing is increasing the price and value, price and value is rising the demand of bitcoin gradually and same the price is so popularity is the important thing in crypto currency.

[PrimeauxETH]

It is due to some numb and dumb people joining cryptoz marking their own economic ruin.

[MiF]

Yes I think the popularity of bitcoin dictates the price, if bitcoin becoming more popular it means many people appreciate on it, and I believe that if many people appreciate on it many people also trust on it and the demand may rise up high, so then the affect of the popularity is amazing the market will also rise because of the huge demand.

[unknownbtcoiner]

It is increasing may be because of lack of cheap electricity availability that are needed in hige to mine btcs