Post
Topic
Board Economics
Re: popularity of bitcoin dictates demand, means more profit
by
Dirk2017
on 20/08/2018, 12:34:42 UTC
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.
Yes, it doesn't mean that bitcoin became less popular. Price doesn't matter for bitcoin, bitcoin has gotten too much popular, so matter is that how could we earn from bitcoin.

Hm, well it does not connect at all, More popularity or less popularity it does not affect or matter on bitcoin. If bitcoin decreases then its expected to be more popularity, but if rise up its expected to be less popularity because most of the people will sell their coins during rise. Its inversely proportional.