Post
Topic
Board Bitcoin Discussion
Re: Why is there such demand for Bitcoin?
by
carlisle1
on 01/02/2018, 05:14:54 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.
This is because bitcoin today is the easiest and the fastest way to earn money.If someone is investing in bitcoin,he or she can get huge profits and that too in a short period of time.The signature campaigns also pay us decent amounts.You just have to post on different topics in the given time period and you will receive the paymemts.You are paid accordingly to your rank.So higher rank,more will be the payment.It is the leading cryptocurrency in today's date.
dont be so sure always as theres a differend when the price dumps and when it pumps,yes bitcoin has a huge price and stablished as hes the first cryptocurrency but always remembe that this is virtual money,no one holds anything unless withdrawn.so always make sure about security and assurance.

Bitcoin is in demand because of its promise to make people rich,but if you know all the obstacles in this platform coz if you dont,failure is whats waiting you