Why people are still buying BTC?

[therozaq]

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 I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits.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 so popular. many advantages of bitcoin. it is simple and secure. it the reason why people still buying BTC. they believe the bitcoin is the future crypto currency.

[jeraldskie11]

Many people still buying bitcoin because they want to gain profit and get benefits of using it and they believe that will help them to make their dream come true and give them a brightly future. I believe also that this will be happens if we work hard to achieve it to become a successful person on working cryptocurrency.

[cheeseandcrackers]

I love how bitcoin is being compared to paypal when paypal has taken money directly from people without any reason and never returned it.  More than a few times.  Bitcoin has no intermediary that can just jack your money on a whim, that alone means it's infinitely better than paypal can ever be. 

[Visteryy]

Bitcoin is the world's first electronic currency and it is also used for exchange for altcoin. So if everyone wants to buy Altcoin, then everyone must buy BTC, then you can exchange Altcoin that you want.

[JRDuran]

Because bitcoin proved that it is able to survive and bring success to the investors, it gives no disappointment to all who believes on it.

[Muwatti]

People are still buying bitcoin because they really believe that bitcoin has a great potential to become a huge way od earning profits. Even though bitcoin haven't an stable price but it has still hold the highest ratings when it comes to cryptocurrency. And one of the reasons why bitcoin is stil supported by the people because they know bitcoin helps many people to having a good way of living and it gaves people a better life.

[mary0919]

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.

They are believing of the good future awaits when holding bitcoins. There are many people who can prove that bitcoin investments will give good future to people thus creating people to believe bitcoins and buying bitcoins and save and hold for the future. Even myself no matter what the issue has to place with bitcoins I still believe bitcoins and will continue making business with bitcoins.

[mimienamphine]

Bitcoin is still in demand by people because a lot of people are now accepting the power of cryptocurrency as the future of money. This is happening because nobody want to be poor in the future so most of them are trying to be part of the future.This is good for the business because as time passes by and cryptocurrency becomes fully understood by the good people of the world,cryptocurrency market will boom greatly.

[Aleth]

People are still investing Bitcoin because they go for known and leading crypto and it is of course most stable coin among the other altcoins.

[naigelbit]

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.

I think they want to millionaire someday. Bitcoin is so undefinable price, so if you want to become millionaire invest on bitcoin if your not scared to loss if you got invested on scam.

[anussayme]

Buying Bitcoin is something most private investors or investors do nowadays, many people think that the development of investors is not significant, but there are still many muscle growth. The economic structure is complicated, and the Bitcoin currency thrives so they rely on bitcoin.

[teeevnglst]

You have said it already they believe that the price would increase and they also believe that other people will do the same by doing so it builds the trust of everyone thats how bitcoin started thus its popularity never fades but be hopeful my friend not all people use it as a way of income some use it for its functions and maybe just maybe those people could change what we see on bitcons

[gurang]

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.

They are still buying, because they are thinking or seeing that it's good or nice that they know that they are learning them so they keep buying it because they are interested

[Elips1]

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.

,,,I think bitcoin is not useless, but it's useful and profitable. Nowadays, there's a lot of investors and traders still interested with bitcoin. They are still investing on it, because they gain more benifits from it. I think no one can stop it.

[Lorence.xD]

"Bitcoin is useless"

Then go somewhere else... ?

Why?

Look up at the name of the website you are using: bitcointalk.org

If you have no use for bitcoins, then maybe you should ask yourself why you are here on a bitcoin site? Trolling perhaps?

Could you go into a bit more detail what you were spending hours on that gave you such a low return? Then you should ask yourself what you did to get any dollars you have? Maybe you could do the same thing in exchange for some bitcoins?

I don't know if your are still on Bitcoin as of today? Crypto currency is a phenomenal in the Crypto Market Trading,from the start that Bitcoin was posted on ICO in 2008 under certain Satoshi, the growing investor increase each day, volume of share, fundamental are stable, the prices goes up and down, yet the Bitcoin remain in the market until today, the global acceptance on Bitcoin have change the crypto market trading since. After the attack on Bitcoin which reflect on the ups and down on the price value of Bitcoin base on the market history, still Bitcoin recovered from the market glitz and able to stabilized on the trading market, fundamentals are good,its does invites growing investor globally.

[stely41]

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.

I think they want to millionaire someday. Bitcoin is so undefinable price, so if you want to become millionaire invest on bitcoin if your not scared to loss if you got invested on scam.

Do people just buy it and HODL because John McAfee made a bet that it will reach 1M per bitcoin in the future? He is very influential after all. He says a coin is undervalued, next minute, no, next seconds, that coin will get pump hard.

[kauban2018]

The reason why people still buying or investing in BTC even though sometimes the value of it is not that high ,it is just because they don't know what does quitting means. People are just willing to wait for the right time when will be the value goes high. People just know what they are doing and know what kind of business BTC is. Actually it just depend on your decision if you go through all the challenges or trials that you may face or quit easily even you've wait for how many days or even years. Maybe if you will going to wait patiently time will come that you will earn something from it and you will realize that there is positive things about BTC. Maybe not just today but in the near future will do.

[sana gull]

Bitcoin is the world's first electronic currency and it is also used for exchange for altcoin. So if everyone wants to buy Altcoin, then everyone must buy BTC, then you can exchange Altcoin that you want.

but i think that it is not necessary for every currency, a lot of exchanges are there who allow you to convert your crypto currencies in to USD directly and you will not feel the need to convert your crypto currencies in to bitcoin, but still i think that we cannot ignore the importance of bitcoin, bitcoin keep too much importance in our life.

[rileynicole17]

People are still buying bitcoin because it gives them profit and has many advantages unlike other currency. They think that bitcoin will be a success someday and they were looking forward that it would give a better and brilliant future for the future generation. Maybe your experience makes you think that bitcoin is useless but it's not, you are still starting before so maybe you have a hardship on getting bitcoins, you gotta wait and work to have one.

[Nitnit13]

Still it is the wrong word because bitcoin is the number 1 cryptocurrency in the world. So why do people still buy the bitcoin because bitcoin can really benefit you if you know the trick through investment.