Post
Topic
Board Bitcoin Discussion
Re: Why is there such demand for Bitcoin?
by
stayeduptolate
on 30/12/2017, 15:45:30 UTC
One dollar invested in Bitcoin in 2010 is now worth $58,000. One thousand dollars would be worth $58 million. Despite more Bitcoins being mined, demand still by far outstrips supply.

Read More: https://cryptodaily.co.uk/2017/11/where-is-there-such-demand-for-bitcoin/#login

Bitcoin has become a scarce commodity because there is a limited supply and fewer mined each year. The original demand is built from it being a way to store funds and a way to send funds anywhere in the world without relying on a bank or government. Also the anonymity of Bitcoin attracts users that don’t want banks and governments to control their money.
from my views the such demand for bitcoin is because of the price of bitcoin which was countinously increases and also increase in the future also which attract the people towards self. Bitcoin helps the people  for online transaction and transfer of money from country to another country without involment of third person therefore the demand for bitcoin towards the people is increasing.