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Author Topic: BTC Demand>BTC Supply= High Priece of BCT.  (Read 326 times)
winterland
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June 02, 2018, 02:43:16 AM
 #41

I believe price depends on demand and supply . The more demand with low supply results more higher price and vice versa. Is there any way to increase the demand of bitcoin in the current market situation that would uplift the price if Bitcoin?
There is no way to artificially increase the demand and even if you could do that the increase will be artificial and it will not last, there are two ways to make the price of bitcoin higher, one way is to reduce the circulating supply and that can be very easy people need to hold their coins and the second way is for the demand to go up but for that we need a big development happening in bitcoin.
This concept of artificial demand is very ridiculous and it is not going to help bitcoin much in increasing in prices. Bitcoin needs increase in demand and it appears to me the most appropriate method of helping bitcoin for achieving unbelievable prices. The more demand will automatically lead to increase in the value and less supply is going to make bitcoin rare commodity eventually increasing the price.
Well, that is my point artificial demand cannot solve anything and in fact this is something that governments do all the time, when there is an economy crisis governments try to generate artificial demand for jobs by creating public works but as we know this does not work because eventually the government runs out of money and then begins to print it with the inflationary consequences this brings.
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June 02, 2018, 05:36:40 PM
 #42

I believe price depends on demand and supply . The more demand with low supply results more higher price and vice versa. Is there any way to increase the demand of bitcoin in the current market situation that would uplift the price if Bitcoin?

Certainly true. The price only depend on buying-selling and if demand will increased that means price will go up. In the end of 2017 price of Bitcoin went up and i think of this situation will repeat, we can see what we want.
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June 03, 2018, 11:14:53 PM
 #43

I believe price depends on demand and supply . The more demand with low supply results more higher price and vice versa. Is there any way to increase the demand of bitcoin in the current market situation that would uplift the price if Bitcoin?

Sure hence why we seem to always get a dramatic increase in price after each boock reward halving. There are other variables in play though that determine price, naturally.

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June 04, 2018, 06:15:55 AM
 #44

you are right. this demand and supply and supply game plays a very important role in the market as well as treading. Bitocoin has become a brand, it has it's own good will and own reputation. and this reputation is growing day by day and demand is also growing.      


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Bitocoin has become a brand, it has it's own good will and own reputation. and this reputation is growing day by day and demand is also growing.      

Bitcoin is not a brand because bitcoin is a digital currency and also and an asset at the same time that can be used for both investing/trading and buying. A brand is like a product name or a company name that represents them .
Though i agree that bitcoin do already have a major reputation because it is already been used by most people and if ever something bad happen to it , bitcoin users will also suffer and it can somehow affect its performance.


. Is there any way to increase the demand of bitcoin in the current market situation that would uplift the price if Bitcoin?

The only way to do it is to spread awareness to the public. You can help promote bitcoin to your city or country and also in other forms of advertising so that many people can enter bitcoin which can result for a high demand .
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June 04, 2018, 07:20:21 AM
 #45

you are right. this demand and supply and supply game plays a very important role in the market as well as treading. Bitocoin has become a brand, it has it's own good will and own reputation. and this reputation is growing day by day and demand is also growing.      
Yes demand and supply is very important in the market if the demand increase price will high. It is usually increase on the demand if their is more massive adaptions and good news spreading in the crypto. I believe this situation will change and their is growth on bitcoin.
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June 04, 2018, 04:46:08 PM
 #46

by holding bitcoin and not selling it cheaply. when we hold bitcoin then bitcoin will become increasingly rare and bitcoin prices may increase.

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June 05, 2018, 06:48:32 PM
 #47

you are right. this demand and supply and supply game plays a very important role in the market as well as treading. Bitocoin has become a brand, it has it's own good will and own reputation. and this reputation is growing day by day and demand is also growing.      
Yes demand and supply is very important in the market if the demand increase price will high. It is usually increase on the demand if their is more massive adaptions and good news spreading in the crypto. I believe this situation will change and their is growth on bitcoin.
That is the general economy rule and it applies generally to every market. From the look of things, we are experiencing a lower demand even from the charts. Sure, the traders are the ones in most situation of things in the market, but normally, the market makers who are also called the whales in a way reacts to how the market is generally perceived in the outside world and how demand or supply is kicking in and this is how it tells on the market in general.
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June 08, 2018, 11:01:07 AM
 #48

Supply is not a problem because there is a limit to how many bitcoins can be created and as time goes by and halving bitcoin will be more scarce. As for demand, we can't do anything on this forum to increase, apart from spreading popularity, which we already do, but the increase in demand will come as it already has because of the good quality of the product: bitcoin.

supply is exactly the problem. In order to mind a BTC you pay 2-5k $ in electricity. Why should BTC be worth more then the cost to produce it? Or let me put it this way: why should I pay 20,000$ for 1 BTC when I can mine it for 5,000$? Unless you create artificial high demand it's only worth a bit more then the costs (labor + profit)
Yeah bitcoin mining is on the move but it needs more investors to buy them. The price is so high that people are now looking here and there for low price coins because they have more potencail than bitcoin. Therefore I think the demand for bitcoin in these days is low and supply is big. But now it is time to buy bitcoin because the price is below $7500.
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