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Author Topic: popularity of bitcoin dictates demand, means more profit  (Read 1684 times)
SunJAB
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September 06, 2018, 10:34:10 PM
 #321

I think now is the right time to buy back where now the bitcoin price movement has revealed the turning point of the price which has so far fallen and is very significant, this could be the beginning of bitcoin skyrocketing as late as last year
It's up to the time and three months to end in 2018. Do you believe in breakthroughs? Was it like last year? Up to nearly 20k dollars that would be hard to achieve this year.

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talenah kotang
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September 06, 2018, 11:31:03 PM
 #322

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.
ivanst776
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September 07, 2018, 08:39:46 AM
 #323

What I have noticed is the fact that some rich persons are already including bitcoin in their portfolios,they are doing it silently, they will own so much in the future when everyone must have finished selling theirs cheaply
Those people did not became rich through chance, they did it by working hard and by being very smart, this should tell to us that investing in bitcoin is the right choice, the only thing that you need to do is to find the money necessary to invest in it before it is too late and the price gets completely out of reach for normal people, once that happens only those that are rich will be able to afford a bitcoin.

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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amber deposit
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September 13, 2018, 05:27:39 PM
 #324

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.
Caubethamaner
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September 15, 2018, 08:47:04 AM
 #325

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.
Komissarnik
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September 15, 2018, 09:12:33 AM
 #326

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.
Fortress12345
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September 16, 2018, 02:36:48 AM
 #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.

resty
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September 16, 2018, 05:32:06 AM
 #328

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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