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Author Topic: popularity of bitcoin dictates demand, means more profit  (Read 2991 times)
Bonsaiav
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August 14, 2018, 05:46:42 PM
 #261

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?

Because there's a group of big players, who contribute to the growth of bitcoin prices (to gain profit), by buying as much as possible, with a very large volume. So it's only natural that the amount of supply's experiencing a very drastic contraction and finally makes the price of bitcoin skyrocket reaching a significant level.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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yvesp110
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August 15, 2018, 08:39:43 PM
 #262

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.
No bitcoin does not have less popularity infect bitcoin is the most famous currency and it is gaining more fame, now bitcoin is recognized my more countries and they are agree to invest, new age with new ideas has come, if today price is down then it is time to buy more instead of selling or being scared of it, grab the chance if today it is down soon you see price will be at peak once again, and trust me soon the market will be green again.
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August 16, 2018, 09:56:59 AM
 #263

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.
Popularity of Bitcoin is due to its services and responsive actions due to which people like it very much however, all people who know about the Bitcoin not all are its part due to its precious value. Though, investment of Bitcoin is precious but not difficult as it gives us the opportunity to invest in its low market which is highly achievable and affordable for people with low savings.
Madara_Uchiha
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August 16, 2018, 10:22:10 AM
 #264

Their price, as well as the price of many other things, is determined by such an economic factor as supply and demand. In some countries, bitcoin and other crypto-currencies are classified as assets, in others - to currencies.
anti76
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August 16, 2018, 10:35:18 AM
 #265

Everyone sees only income in bitcoin.Expand your mind.Bitcoin offers a new world in which everyone can live with dignity.And all speculation in the market only scare people away.Despite this, the capitalization of bitcoin today is 4 billion 500 million dollars.Impressive!
chikendrymak4
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August 18, 2018, 05:47:25 PM
 #266

There are many points that leads to that and it can clearly happen.
goshay97
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August 18, 2018, 06:08:13 PM
 #267

As more of the world uses Bitcoin the need for it as a medium of exchange and a way to preserve wealth will cause a huge increase in demand which will cause a huge price fluctuation.  This is one of the main reasons to be involved with Bitcoin.
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August 18, 2018, 07:06:48 PM
 #268

bitcoin popularity increases as the market prices increase so by that time we can expect more jump in prices this price jump bitcoin popularity increases all of sudden which lead to more price growth over night
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August 19, 2018, 05:32:14 AM
 #269

Here you can consider bitcoin and all the crypto currency as a kind of financial gambling - with the desire to win (profit) Another aspect of the digital currencies is a really excellent payment tool - useful and necessary. Speculation occurs on virtual and voluntary exchanges - I think if someone loses, then someone else wins. There is a redistribution of funds around the world.

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August 19, 2018, 05:40:31 AM
 #270

Headline is confusing! Topic from November last year is reactivated, for what reasons?
Nothing smart were said here, new comments don't have logic because headline and topic are about last year rise, new comments talk about making profit with bitcoins. This forum is becoming more and more crazy place without any order, how many stupid people making comments here it's crazy. Stupidity isn't the biggest problem, the lack of wish for reading and learning is the biggest problem, people will stay stupid and ignorant, that's the problem.
Popularity affect demand, demand affect the price. It's not an invention of hot water, it's economy of every market.

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prokerduit
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August 19, 2018, 06:02:56 AM
 #271

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?
people who want to invest, or people who want to buy new tokens or at ico. so when we want to buy a new token we must have a BTC, and especially almost all countries have received BTC so BTC prices will go up.
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August 19, 2018, 06:29:42 AM
 #272

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 also believe that the increase in demand in people affects the growth rate of bitcoin.
jack wira
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August 19, 2018, 06:49:28 AM
 #273

Bitcoin idolanya ekonomi saat ini naik turun ku rasa itu tidak asing dalam perjalanan ekonomi harian selagi harga turun bisa ane beli ketika harga meningkat tentukan pilihan mau investasi atau jual.
marcbitcoins
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August 19, 2018, 07:00:41 AM
 #274

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 strongly believed that the big whales price manipulation was vital during this time that they conspired to pump up the market so that they could attract more people to invest making the real demand to increase too that after successfully making the Bitcoin price to the moon they dump it easily as they have already ensured their huge earnings. Now i believed that soon they will pump it again as same by last year under bullish market strategy that we should wait and see so that we could be able to ride with them too.
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August 19, 2018, 07:31:08 AM
 #275

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?

Probably because it is now on trend about bitcoin as the price is souring high so its getting popular and the people are starting invest for the hope that they will also earn profit. so the more rhe higher the demands are, the price is gettig higher also as the supply becomes limited.

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tinystone26
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August 19, 2018, 08:30:07 AM
 #276

Yes that's right more profit to come as the popularity of bitcoin dictates is value and I think it will lead to many investors that will make bitcoins price on to the top. That's why more people are getting interested to invest this year and I think this may get more people that woll to invest here and get their highest profit this year of 2018 to make them more interested.

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mornabo
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August 19, 2018, 08:33:23 AM
 #277

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.
Thats right, not forever demand and popularity in one line of equations, if the price goes down does not mean bitcoin is not popular,
maybe many investors are still waiting for the right moment so they keep their assets but it could be when bitcoin is popular, demand will increase
buternasek
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August 19, 2018, 08:38:31 AM
 #278

I think the number of requests and interests of bitcoin are increasing, greatly affecting the amount of bitcoin that is skyrocketing.
henlity87
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August 20, 2018, 10:00:54 AM
 #279

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.
Yes, it doesn't mean that bitcoin became less popular. Price doesn't matter for bitcoin, bitcoin has gotten too much popular, so matter is that how could we earn from bitcoin.
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August 20, 2018, 12:34:42 PM
 #280

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.
Yes, it doesn't mean that bitcoin became less popular. Price doesn't matter for bitcoin, bitcoin has gotten too much popular, so matter is that how could we earn from bitcoin.

Hm, well it does not connect at all, More popularity or less popularity it does not affect or matter on bitcoin. If bitcoin decreases then its expected to be more popularity, but if rise up its expected to be less popularity because most of the people will sell their coins during rise. Its inversely proportional.

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