popularity of bitcoin dictates demand, means more profit

[batang_bitcoin]

Yes, it is right but it is not the situation happening at the moment.

Situation currently can still be considered as good as before or for the past years. But comparing it with what bitcoin has reached before during it's prime all time high's yeah it wasn't happening today. 
But I doubt that the popularity is decreasing, there are whales/traders/investors that are becoming wiser as the day goes by. They intend to sell whenever bitcoin moves an inch and waiting for it's tail to go back and will eventually buy more.

Current situation still better than last year. If we compare on market cap, right now market cap crypto more higher than previous year. I am agree that popularity crypto still high because with lower price right now, many investor will come and buying cheap coin/token

It is what I'm saying that we have to look at the past year's situation and now many are crying about it.

Popularity of bitcoin never decreases though there were many that wants to pull it over and wants to spread different fake news, fuds that will lead people to doubt bitcoin.

We still like bitcoin no matter what with this market and it will never go to zero unlike those "expert, economists" are saying.

[Burogh]

Bitcoin and cryptocurrency become more popular on this days. Hopely with that popularity, cryptocurrency market will bring more investor in market. If many new investor in market, I am believe cryptocurrency price will increasing and it will bring profits for holder

[martychubbs]

Yes this summer bitcoin is really the man, demanded! But it doesn't mean that it's price became high,  even more than that, the price became very low. And we all are loosing.

[abc_crypt]

Demand for bitcoin is provided not only by its popularity, but also by its promising technology, which our world now very needs. People simply will never invest their money in something they do not understand.

[peter_coin]

Bitcoin as a means of payment is revolutionary and has come to stay, we all know that this is one of the greatest revelations of this new century, meanwhile news and popularity helps growth meaning the new wave of popularity Bitcoin is receiving would certainly help improve it's price, and demand also. And as the law of demand and supply dictates the more the demand for a commodity, there would be a rise in cost price if the supply is lower than the demand.

[leostrong.mo]

The price of BTC also complies with the supply of the market!
More and more countries accept BTC will expand the popularity of BTC!
People will try this new thing, but the total amount of BTC is fixed, meaning that BTC will rise!

[wewe123]

This maybe true ,the popularity of bitcoin, means a great demand in the market because investors would likely to buy or invest bitcoin so if there is great demand , it leave the market so scarce and that makes bitcoin more profitable and high market price value.

[Konco126]

It's as clear as this bitcoin can change a person's life for the better if someone is smart to manage it can get enough profit for. In addition to the skyrocketing bitcoin price is also caused by investors who have started investing in bitcoin.

[lobanoval]

With increase in prices, demand rises and more people get attracted to bitcoins. It is also good for miners as they get paid more for mining.

[Ripa17]

It's not the popularity it's the people who invest in bitcoin and how the miners and traders behave in the market  dictates it's demand. People see how it pumps up everytime the price of it goes down, so many wants to hold bitcoins and invest. But yeah, because of the popularity of it people became aware to it.

[COCOMARTIN]

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?

The price of bitcoin is now based on the amount of people who are interested in bitcoin. So when many people invest in bitcoin it definitely will increase its price. Demand increases in the price!

[jo123]

Advancing technology plays a role on bitcoin popularity and affecting its value. As years passed, new technologies emerge and human tend to utilize it in order to have and efficient life. In the past years, money was then in the form of carved metal coins, then paper money and then came credit cards and atm cards, now its the bitcoin.

[zeingrind777]

What makes bitcoin prices skyrocket is the high market demand. Besides that, there are groups that pump in the crypto market so that prices go up.

[jiryuksan]

Demand for bitcoin is provided not only by its popularity, but also by its promising technology, which our world now very needs. People simply will never invest their money in something they do not understand.

Bitcoin has achieved tremendous popularity so demand is so large that prices become very expensive, according to commercial law where demand is greater than the availability of goods, prices will rise.

The question is whether this very expensive bitcoin price is due to need or because of popularity? If the needs of the price can stabilize or rise again, but if the popularity can fall when its popularity disappears. For speculators who have bitcoin from the start clearly have enjoyed many advantages.

[spongegar]

Right now, since the year started, we are seeing all red. I mean yeah we will see green a few time in a month bit most is red. I think we can blame what happened earlier this ywar when it spiked to an unbelievable price and it crashed just as quickly. I think people began to question if bitcoin is stil a favorable investment.

[zhanyiguai261315]

The price of Bitcoin is determined by supply and demand. When the demand for bitcoin increases, the price of bitcoin rises; when demand decreases, the price falls.
The trust of everyone supports the value of Bitcoin, and more people accept Bitcoin. The stronger the basis of Bitcoin as an exchange equivalent.

[NowLovebed]

The laws of economics have been in force for many years. At least many people want  easy mney. Bikoin will buy for interest.

[Probattek]

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.

[valentine401]

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?

In my own opinion the media's are manipulating the market price and different people who are creating speculations towards cryptocurrency so we cannot always expect for the price of bitcoins and altcoins to pump up.

[Gotomoon]

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.