anakkampung17
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May 04, 2018, 10:37:40 AM |
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I think that's the right choice. Because they realize that joining Bitcoin will be very profitable for them. And maybe they have a lot of evidence that joining Bitcoin is one of the ways of success.
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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JennyatKW
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Activity: 31
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May 04, 2018, 10:39:48 AM |
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The main reason for buying bitcoin is the desire to sell them more expensive in time. I pay bitcoin for various services on the Internet, not everything that bitcoins buy for resale. Bitcoin has his own economy
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Aleth
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May 04, 2018, 10:49:23 AM |
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People are buying Bitcoin because they know that the future money is crypto currency and since Bitcoin is the leading currency and has proven itself that is why they find that there is security in it and has a future in this coin called BITCOIN.
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EARL MATEUS
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Activity: 36
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May 04, 2018, 10:49:47 AM |
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People invest because people see their future so they need to save for their future.People believe that the Bitcoin will again make its peak so that's why they investing in Bitcoin and people also think that this investment will give some big return.So thats why people making more investment.i hope one day their dream will become true bitcoin again makes its peak.
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bachus
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Activity: 226
Merit: 10
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May 04, 2018, 10:54:52 AM |
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Becouse all the people want to get wealthy, rich and succesful. It is a dream job, it is an new age opportunity, anyway.
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s.mahmood
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Activity: 294
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May 04, 2018, 11:45:03 AM |
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Bitcoin is a high potential crypto coin and it's price is very volatile, so peoples inveat into bitcoin to income money.By this time many peoples get financial freedom to invest bitcoin. I think this the reson that peoples still now buy bitcoin.
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Wend
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May 04, 2018, 12:29:31 PM |
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They still buying because bitcoin will be increasing more a price in the market.
Because of news always coming up that this bitcoin in this year was be in better price and must buy some bitcoin for now and hold it. And we don't need to panic if be back in low price.
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Marcsymon
Member
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Activity: 322
Merit: 10
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May 04, 2018, 01:00:55 PM |
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Bitcoin is a high potential crypto coin and it's price is very volatile, so peoples inveat into bitcoin to income money.By this time many peoples get financial freedom to invest bitcoin. I think this the reson that peoples still now buy bitcoin.
People in this days still buying bitcoin because of the good benefits that they probably get in the future. Because bitcoin is very promising and trustful to earn more money in the right time investment plan. That's why they are still buying besides of it's very volatile behavior, because they always think that bitcoin will give them always good benefits and profitable future will comes into it. |
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mary0919
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May 04, 2018, 01:12:59 PM |
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Hello guys, To me, it seems pretty strange that people actually continues buying btc now... I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now? I don't get it. Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount  ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?). The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue. An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease. Other issues: - security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalk.org/index.php?topic=174600.0 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...). I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks. People are still buying bitcoin because they are believing of the good future awaits from investing bitcoin. Bitcoin can really gives good live to people because it offers high profit thus making people to get rich. One thing there are many good predictions of bitcoin this coming few months and this one thing why people are still investing bitcoin. |
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jo123
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Activity: 126
Merit: 0
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May 04, 2018, 02:08:56 PM |
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People are invested in bitcoin in many ways.They see good reasons to stick with it and most of them are thinking long term.Things crash from time to time, it doesnt mean they are dead.And besides that profit isn't the main focus for most of the old dogs of bitcoin.
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mickeybuddy27
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May 04, 2018, 02:24:20 PM |
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They still buying because bitcoin will be increasing more a price in the market.
Because of news always coming up that this bitcoin in this year was be in better price and must buy some bitcoin for now and hold it. And we don't need to panic if be back in low price.
Buying bitcoin now and wait for more years for the price to increase and gain huge profit can make it more worth. Bitcoin has a future that no matter how long you wait, it will not lose value of existence. We have to hole our emotion during the deeps in order be success on your investments. |
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safarabela
Jr. Member
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Activity: 353
Merit: 4
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May 04, 2018, 03:05:29 PM |
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Hello guys, To me, it seems pretty strange that people actually continues buying btc now... I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now? I don't get it. Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?). The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue. An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease. Other issues: - security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalk.org/index.php?topic=174600.0 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...). I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks. People who buy bitcoin are the ones who think far ahead, bitcoin has good potential, and more likely bitcoin will survive in the long run, and bitcoin will be able to benefit them. |
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Bionicgalaxy
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May 04, 2018, 04:04:12 PM |
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In my own opinion, people still buying bitcoin because they believe bitcoin has a potential and bitcoin is really a long term investment. Bitcoin is very beneficial to a lot people that is why you cannot make any people to stop buying bitcoin if they started earning with it. A lot will ofnpeople will pick bitcoin more than their jobs because bitcoin has more better earnings.
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Flagship11
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May 04, 2018, 04:12:45 PM |
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If you're like me, I choose to take a small percentage of my paychecks aside to buy crypto.
Usually I buy either ETH, WTC or XLM but as of recent, I've been collecting more and more BTC in anticipation of a spike in price.
Once it hits $10,000 I think we'll see some serious gains.
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laravuemaster
Full Member
Offline
Activity: 378
Merit: 100
When Football meets Crypto
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May 04, 2018, 04:14:58 PM |
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Hello guys, To me, it seems pretty strange that people actually continues buying btc now... I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now? I don't get it. Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?). The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue. An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease. Other issues: - security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalk.org/index.php?topic=174600.0 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...). I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks. Bitcoin is really good for long term investment because of the price that keeps on increasing in the market due to the volatility that makes every trader to earn a huge amount of profit. |
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uozer
Full Member
Offline
Activity: 381
Merit: 100
PRiVCY
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May 04, 2018, 04:25:21 PM |
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''The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue.''
I believed as a senior member on this platform, you are much aware that every active member truly believes in Bitcoin and are very much optimistic that they can earn profit from it at the long run after hodl no matter the short comings or hinderances that may ensued from time to time or break even because it is the pioneer coin. Why should you now say you have no clue why people still continues their buying?
We should however remember that aside from making profit during cash out at probably bearish periods, Bitcoin is believe to be one of the generation next currencies in future that so many of us will be making use of, and since it has its terminal after 21,000,000 of mining, which is however known to take centuries not even decades, we just have to have our own shares in store for transferable means if not for our generation, but for our generation to come.
Conclusively from my own view, we should be a part to promote Bitcoin as great member of the forum and not to be among its oppositors. That is just the essence of sticking to Bitcoin.
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BitcoinTurk
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May 04, 2018, 04:40:17 PM |
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I think that various answers can be given for the problem.
- Investment purchases are being made.
- Buying is being done with the purpose of using it as payment method.
- Purchase is made to obtain different kinds of cryptocurrencies. (Used in the main currency)
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jeremypwr
Legendary
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Activity: 3038
Merit: 4995
🤑 Free Bets have been credited 🤑
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May 04, 2018, 04:43:34 PM |
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People are still buying Bitcoin because they know it's price is a lot lower than what it actually has potential to be.
If you've been in this space for some time now, you are more than accustom to the upward and downward spirals associated with crypto investing.
The ones buying are the ones who believe the current price is low and are expecting to see the $20,000 ATH or even more.
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LordShanken
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May 04, 2018, 05:46:41 PM |
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Cause price of bitcoin nowadays is still rising and it will be doing so and following that trend for next hmmm X years cause crypto is future and if people will accept it more widely it could rise to even more thank 100k$.
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Gogi134156
Member
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Activity: 224
Merit: 10
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May 04, 2018, 06:01:58 PM |
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I guess people who are still buying BTC think, for reasons which are known by only them, that they would have pretty good profit. That's all. I believe that profit is only reason to take part in this market.
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