popularity of bitcoin dictates demand, means more profit

[bitcoincitr]

To be known for bitcoin may cause an increase on its demand and investment. But it is only a possibility. What if they don't want to buy it. Bitcoin must be attractive for buyers and investors. For this, we need to see some improvements like recognition of bitcoin as a payment method by big online sellers.

[Escf4]

The popularity of certain thing or technology will means a good future, this what happens to bitcoin because of its popularity in the cryptoworld it cam dictates a high demand because there are many investors who are interested to invest in this kind of technology , so if there are many business then there will be much gain and profits in the end of this investments.

[KrishaBitcoin]

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?

This was before but now even Bitcoin become more famous everyday but still the market was affected by bearish trend in which the real demand of Bitcoin is getting low everyday therefore i think not only by popularity that make the price increases before but this is due to regulation in which both illegal and legal people could hide their money in the Crypto market before.

[Harley29]

Yes i do agree that popularity of bitcoin dictates demand and it means profit. The more demands the higher the value of coins.

For sure if more people will invest in bitcoin so the price of bitcoin will be high, as we know demand and supply of bitcoin is directly proportional to the price of bitcoin, in whole market when people start investing so the price of bitcoin gets high and most of time we see the price graph rising in this time period, for me best time to buy is red and to sell it green, so the more we buy the more market will turn the color green.

[Bitfling]

Demand is a core requirement that enhance the price of Bitcoin, I hope there will be an increase with online transaction using Bitcoin as a means of exchange, with this in place you can be sure to have a regular, demand and ultimately price increase.

If bitcoin mass adoption happen, i am believe it will increasing confident in cryptocurrency market. Bitcoin already getting more popular and if government issuing regulation about payment using bitcoin or cryptocurrency, i am believe its make bitcoin price rising.

[reality18]

Popularity has an influence on the price because as it becomes more popular, new investors join the Bitcoin community. Eventually, the demand of Bitcoin on the market increases which comes with an increase in value and price of Bitcoin on the market.

[marsadmsmg]

Yes because if it is in demand then transactions are also in demand.

[Anies_Sandi]

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 increase in bitcoin prices I think the increase in demand or purchase of these currencies and the development of crypto currencies is very difficult to predict even the bad news can affect the development of crypto currencies with conditions and conditions like now we as investors must be smart in exploiting the opportunities we get

[$anounimus$]

when bitcoin demand becomes very high and demand for bitcoin increases, the supply of bitcoin will become very limited and the end will make the price of bitcoin very expensive because it is increasingly difficult to get bitcoin.

[Ozero]

Yes the more the demand the higher the price.That is what my opinion is.And as for now I cannot buy bitcoin for it value.As of now it is so high.I am afraid that it would easily go down too.

The demand for bitcoin really leads to higher prices for it and means more profits to its investors. However, bitcoin is not a magic wand. According to the laws of the market, if someone makes a profit, another for the same amount should lose it. Bitcoin does not create material values, with its help material values ​​are only redistributed. That is why Bitcoin will not be able to constantly grow in value. There will surely be a period of stabilization of its price, if this concept is generally applicable to Bitcoin, because it will never be stable in price.

[cetald]

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?

On the one hand, demand is dictated by market manipulation. On the other hand, the development of the infrastructure of payments using bitcoin. Nowadays, there is less and less manipulation, so the development of infrastructure most likely prevails in this situation.

[diamondflow]

Yes, bitcoin price is determined by peoples to demand on it. The more people are interested and want bitcoin, the higher the price it gets. Whales are also one of the reasons why bitcoin's price rises or falls drastically.

[wingsthegreat21]

Basically I agree about what you are trying to mention and in addition, If we say popularity of bitcoin dictates demand and more profit is right then there are more possibilities of more profit and it dictates demand in a way they can hear or they can witness the high value of bitcoin which someone have more profit because the more possibilities means more chances and ways to get it profitable and more project will introduce which can create or give extra profit to all in the future.

[Aramazdi]

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 increase in bitcoin is the same as other items, where demand is more than the available inventory, so prices will increase automatically, but the increase in bitcoin is usually caused by positive sentiments that occur in society and news that can greatly affect the value of bitcoin, so price increases are usually strongly influenced by the economic conditions of major countries in the world.

[reality18]

To be known for bitcoin may cause an increase on its demand and investment. But it is only a possibility. What if they don't want to buy it. Bitcoin must be attractive for buyers and investors. For this, we need to see some improvements like recognition of bitcoin as a payment method by big online sellers.

This still goes down to the significance of Bitcoin popularity. It is out of effective awareness creation that Bitcoin can become familiar and popular to the people. Through this, the beneficial concepts will be conveyed to the people and the business owners among them will integrate it into their payment systems whereas the investors will buy and hold for more profit.

[wahyu wida]

To be known for bitcoin may cause an increase on its demand and investment. But it is only a possibility. What if they don't want to buy it. Bitcoin must be attractive for buyers and investors. For this, we need to see some improvements like recognition of bitcoin as a payment method by big online sellers.

This still goes down to the significance of Bitcoin popularity. It is out of effective awareness creation that Bitcoin can become familiar and popular to the people. Through this, the beneficial concepts will be conveyed to the people and the business owners among them will integrate it into their payment systems whereas the investors will buy and hold for more profit.

the demand for investment will certainly increase the price of bitcoin, but after that they hold it, and there must be more investors like that. when new investors are getting smaller, this is a warning