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Gooooku

I would like to know your opinion

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The price of any thing depends upon its supply and demand. If there are more supply of things and their demands is less than it costs less.  But if the demand of one thing is high and their supply is low then it costs very very high. As there are just few hundreds and thousands of BTC and there demand is high so there rates are also high. The BTC was its peak value in 2016 last time.

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Thank you. I do not have information about the Bitcoin currency, but I am sure that it will be the currency in circulation in the future

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Many individuals have accomplished extraordinary benefits through bitcoin since its initiation as of recently, since its cost was not exactly $ 1 and its cost arrived at 20 thousand dollars, and this is a major contrast as it can accomplish incredible benefits from it by getting it when its value falls and selling it when the value rises and in this issue it tends to be accomplished Good benefits from it or by putting resources into it

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Dear it was all about the demand and supply and the legitness of the btc it has earned a lot of repect in the market world wiide in these years many of the new currencies launched just because of the sucess of this coin thats why its orice increased so tremendously suddenly from zero to billions 

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Hello my friend, Bitcoin is a good incentive for everyone in this forum. You can say that it started from scratch and has now become the most expensive digital currency in the world. I don't think it will ever return to zero. We must also work to become experienced in the crypto world. . good luck.

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On 6/18/2020 at 12:43 AM, Gooooku said:

Well i just joined cryptotalk 4,5 months ago and i was irregular because i didn't know alot of things about crypto world so then i went on a research about crypto and i still think i missed some part of it . We all know that the world wants bitcoins because if its value . So my question is how the value of bitcoins has such tremendous increment in these past 10 years  . What was the reason is it because of there are limited bitcoins or some other reason . In these 10 years not any country's currencies has such increment like bitcoins 

Dude the Bitcoin is widely accepted by all the world because it is much secure and has good  profite and now is reaching the highest peak of it. No other currency cam meet with Bitcoin as the world is becoming Globalize. 

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It’s mainly because of the Higher rate of this Currency.

Every Country is not able to store or purchase such a high price Currency.

So, its necessary to do trading. 
And in last 10-years it gain mich more value than any other currency in our world.

One day, I hope so, it will change the decent senario of trading. 

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Yes mate as we can see that bitcoin is just Introduced in few pass years and it is not acceptable worldwide so we expect the little should not be much and the market situations and the price always go higher due to not been much in the market 

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Bitcoin was not the first cryptocurrency launched, as some say in the comments, but there were about three cases of other cryptocurrency launches but they were unsuccessful.
Bitcoin gained its success from its successful marketing style in its beginning, and therefore increased demand for it, and also do not forget that there are some rich people who have really adopted it.

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On 6/18/2020 at 1:43 AM, Gooooku said:

Well i just joined cryptotalk 4,5 months ago and i was irregular because i didn't know alot of things about crypto world so then i went on a research about crypto and i still think i missed some part of it . We all know that the world wants bitcoins because if its value . So my question is how the value of bitcoins has such tremendous increment in these past 10 years  . What was the reason is it because of there are limited bitcoins or some other reason . In these 10 years not any country's currencies has such increment like bitcoins 

My Dear Friend, when the demand of something increases, then the price of that thing increases. I think BTC demand is increasing in different countries. So maybe the day BTC price is going to grow.

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Dear friend your post is very well and if we compared the price of Bitcoin 10 years earlier then we see a lot of difference between the price of 10 years ago and today and now a days the price of Bitcoin becomes high and it is becoming more popular in all over the world.

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Yes, a very good question is why are your people moving more towards bitcoin? So look at the answer is simple, it is a limited number of people, if all of them are finished by 1 day, then people will have to live on the digital currency revolution, due to this, its value is going to increase, due to which every coming day.

Now there will be another system, the biggest reason for this is that there is no restriction of the banking system on it, rather it is very easy to transfer from one place to another. 

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Well in research maybe we heard that bitcoin have a limited plans.Thats right na?So i can tell you that sometimes the hype of bitcoin gonna stop and bitcoin will lose at anytime at future.Thats my personal opinion.Best of luck.

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My dear friend as you asked in your post the price of Bitcoin has tremendously increases within 10 year is a best example of the phrase that success requires time and hard work now if we compare the value of Bitcoin with 2009 when its prices only 0.003 dollar it is very very great success now it is almost $3700 my dear friend it is a largest cryptocurrency in the world and this platform provides you all information about the cryptocurrency so work on this platform with regularity and you automatically get up about knowledge this.

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because of an troubles of insecurity in part of the sector make many people to deviate normal cash to on-line money and plenty of human beings have full consider that online cash is human beings cash no longer authorities cash, and additionally they have consider that there cash is more saver in on-line then bank, so this little cause will increase the value of bitcoin because is greater beneficiary then others coin. and this additionally make many human beings to apply it for investments and additionally the equal to buying and selling

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As you know there are many scammers are moving around the social media. So if you want to make money through the investment then you should ask to the experts. Because if you invest money in fake site then you can face some loss. So be careful about that and always ask and take opinions of experts so you  make money more as you can.

And this app is useful in the investment. So you should work on it and make money.

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Bitcoin is designed in such a way that it is not affected by recessions. Also the fact that it is limited makes it become valuable because as the demand grows higher the supply gets lower and we all know what happen when there is too much demand for something. The price will definitely go up which is what is causing the price of bitcoin upwards as more investors come in.

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Cryptocurrency's future outlook is still very much in question. Proponents see the limitless potential, while critics see nothing but risk. 
Some economic analysts predict a big change in crypto is forthcoming as institutional money enters the market. Moreover, there is the possibility that crypto will be floated on the Nasdaq, which would further add credibility to blockchain and its uses as an alternative to conventional currencies. Some predict that all that crypto needs is a verified exchange-traded fund (ETF).An ETF would definitely make it easier for people to invest in Bitcoin, but they're still needs to be the demand to want to invest in crypto, which might not automatically be generated with a fund.

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It depends on demand of the bitcoin. It is a currency which has a global value which is quite high. It is due to limited amount of bitcoins in the world. The less number of bitcoins, the more will be its value. Thats the basic logic. But the value may change at any instant.

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Yes, the world of cryptocurrency is a big world, and as much as we learn about it, we will need to learn more. The reason for the increase in the strength of Bitcoin is because it is easy to trade and you can easily buy and sell the currency without having to deposit your money in banks and wait for boring and difficult routine transactions and in the end we are the ones who make it stronger and better ..  All the best to you

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Welcome, my friend, that the Bitcoin currency, a currency that rose ten years ago, continues to rise, and its value increases year after year, and of course, according to the demand for it, but I expect it to have a very wonderful future.

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I think the rise and down will be depend on supply and demand on crypto market, sometimes it will goes up and down increase in demand for them in addition to increase the bitcoin price also and that will be a great opportunity to make money in working here. 

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The most important reason is that the amount of Bitcoin is limited. it can't increase or decrease over time. This feature is time independent and even 10 billion years later we will still have 21 million Bitcoins. So the price always grows up continuously.

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My dear friend the rate of bitcoin is very high now days and it is also was good in last 5 years. Last years is a time that the bitcoin has a largest rate in the world.  And know days it is also on good rank.

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The demand of bitcoin raised so the price also raised and it's the 1st cryptocurrency which got success in a short time. But some people and blogger says also that satoshi nakamati has also a control over it. Because he has more than 1 million of bitcoins. Thanks for your post.

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