popularity of bitcoin dictates demand, means more profit

[BitcoinMarketer39]

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?

Of course, popularity means there will be more people who are going to be interested on cryptocurrency therefore the demand will increase.

[Ronaldcoin2017]

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?

Of course, popularity means there will be more people who are going to be interested on cryptocurrency therefore the demand will increase.

  Yes and it means more profit, I believe that the bitcoin will rise if the popularity will continue until the next coming years. The bitcoin demand will rise if the its popularity continue  so then if we are going to make holdings on bitcoin today maybe we can really earn a huge amount of profit in the near future.

[adpinbr]

because the bitcoin's price is directly proportional to its users. So the higher the users, the higher the price or value. it is like a cycle. Once bitcoin attracts users then the price increases and when the price increases it attracts more users. This is how it gains popularity and becomes in demand and will be more profitable.

[queenlaurel]

I also agree with the more Bitcoin becomes popular the more the price increases. The more people are curious about Bitcoin, the more it makes them to invest and when they invest it increases the price which makes everyone happy.

[3la9l_kolbaCa]

It's natural that high popularity of Bitcoin also increases the demand. And popularity is determined by price, that is why we see so increased interest in Bitcoin lately.
But what I ask is if the high demand also means the best for Bitcoin, is this a progress or it can bring some problems along? Is Bitcoin technology ready for such sudden increase of users and could the issues that emerge because of that be overcome?

That is very natural because bitcoin is known everywhere we go. It is really new to the business world of technology that is the main reason why it is very popular because their are latest to do. The price are in high value and it can be low. That is considerable and understandable because it is not yet stable. But the popularity dictates the demand as well as the high supply too.

[cetald]

For most, bitcoin (like all cryptocurrency) is opportunity to quickly become rich. Demand for bitcoin certainly is. But the price is made by speculators. They now earn.

[meatballsset]

I'm new on this world and i think the same thing, if we have more people interested on bitcoin we will have more demand, if we have more demand with the same offer, the price rise rise and rise.

[charlzyeby]

Prices are affected by many new investors join the bitcoin economy, FUDs, governments regulations in some countries and whales who create artificial dips to buy back more bitcoin.

[Redhead5]

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?

Of course, popularity means there will be more people who are going to be interested on cryptocurrency therefore the demand will increase.

Agree on it. Popularity increased will influence community eagerness doing investment then it will affect also increasing in demand then they could results to high profits to earn and most especially when investing in a right time.

[fishball]

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 its popularity comes from its credibility and reliabilty. These make more investors gather and trust bitcoin.

[Kawasakinamoto]

Popularity of bitcoin is trending and very risky. It is good if you invest in small amount and it creates more profit. Difficult to put all your hard earned money here and there is no stability of the profit if it goes high or very low.

[mriansa]

yes the more bitcoin you know and the more popular it will be many people who buy bitcoin and make bitcoin have a very high demand and make bitcoin becomes very expensive.

[nazaididuan1]

If BTC is popular around the world, more people will use BTC!

The number of BTC is fixed, everything is affected by the relationship between supply and demand, more people using BTC will lead to the increase of BTC price!

[fcf1081]

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 popularity of bitcoin not just consist of money but also in terms of security, reliability and credibility, people, investor trust and believe in bitcoin for who it is made of and why it made of, the profit will goes as they learn to adapt and use it thus so its popularity continues till now.

[MiXxe]

Up to this moment, I still believe that bitcoin's popularity is still able to dictate the demand. And for that, more demand means higher profit. I must agree because this is what actually shows. We have to help bitcoin as well. As through the power of the word of mouth, we can help other people learn about bitcoin and encourage the, to invest and earn more income. In that way, bitcoin price is rise.

[charlemagne_15]

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 do believe too that the bitcoin's popularity dictate the demand of it in the market because the higher the people engage in bitcion the higher its demand is. Curiousity are what makes the people  drive into bitcoin and for that they are willing to learn and apply it in life resulting to the increase of demand and the more the demand is the higher the value of bitcoin will be.

[gowobonyok]

yes of course, if bitcoin is not profitable definitely demands against bitcoin will never go up. the fall of the bitcoin price is only part of the bitcoin fluctuation that will make it pump again and demands on the bitcoin will increase.

[Ryker1]

yes of course, if bitcoin is not profitable definitely demands against bitcoin will never go up. the fall of the bitcoin price is only part of the bitcoin fluctuation that will make it pump again and demands on the bitcoin will increase.

True, there will be no user and it will be not that popular if it's not profitable. And yes I agree that the fall of bitcoin price will make it pump again, because when the price becomes low a lot of investors and traders will buy more bitcoin resulting to the skyrocketing of the bitcoin price.

[Faxmate]

yes of course, if bitcoin is not profitable definitely demands against bitcoin will never go up. the fall of the bitcoin price is only part of the bitcoin fluctuation that will make it pump again and demands on the bitcoin will increase.

Yes of course price of bitcoin never remain the same, it rises and it falls but it is too much beneficiate if you know how to use the opportunity, we often get scared of falling price of bitcoin but no need to be worry just have patience and you will see bitcoin growing so early.  Bitcoin gets down because of some whales who manipulate the market place, but now again bitcoin is at high demand so price will be high soon.

[pinoyden]

yes of course, if bitcoin is not profitable definitely demands against bitcoin will never go up. the fall of the bitcoin price is only part of the bitcoin fluctuation that will make it pump again and demands on the bitcoin will increase.

Yes of course price of bitcoin never remain the same, it rises and it falls but it is too much beneficiate if you know how to use the opportunity, we often get scared of falling price of bitcoin but no need to be worry just have patience and you will see bitcoin growing so early.  Bitcoin gets down because of some whales who manipulate the market place, but now again bitcoin is at high demand so price will be high soon.

Yes of course price of bitcoin never remain the same,

the reason why price of bitcoin will never remains the same its because cryptos are verry volatile which means they can always fluctuate from time to time.

but now again bitcoin is at high demand so price will be high soon.

bitcoin thesedays is not really a high demand because we aint still experiencing an increase or recovery for  it though , we may still soon experienced it on the last quarter of the year.


popularity of bitcoin cant always dictate more demand because not all people are interested on it. in which case we cannot really earn more profit.