Why people are still buying BTC?

[stely41]

I think most buy BTC because they believe they will lambo in 1 month...

If like the Internet and all its associated powers today, you believe Bitcoin can change the world, then it is worth buying into today - while it is cheap.In any case Bitcoin shines as a technology.

[katiecbell]

I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc,

Why on earth did you waste those hours?

Is this how you earn govt currency as well, or do you suppose there's a better way?

Please tell me you don't think bitcoin is useless because you can't make a decent Bitcoin income looking at advertising sites.

You are right mate. There are lots of options in the forum for us to earn bitcoins in just an hour if we are too patient to look for a signature campaign which give us rewards for advertising than just to play faucets and earn satoshis which only give us so little amount when converted it into bitcoin.

I just started in this forum 5 months ago and honestly i already enjoyed what i earned.

Why this idiot complaining of not getting enough satoshi for that damn faucet,while he can have many other option to gain decent amount here..this kind of lazy person deserves what he got since hes just looking for freebies and dont wanna sweat by chance to gain enough profit.

Lets not waste our time explaining to him,because what he needs is get out of here and never come back,he only contributes spam in this forum and no other than that

There might be so many reasons for everyone that why they chose bitcoins to invest in. but for me, this is only thing. Bitcoins are giving us maximum of the profit that no one else is giving. There is no rocket science hidden in this statement and for the reason, we all prefer bitcoins. These become amazing coins that are broadcasting such huge chances and opportunities to make our lives wealthy.

[rhenz01]

I think most buy BTC because they believe they will lambo in 1 month...

Mostly of people who invest in bitcoin already aware of the situation and I believe everyone of us have different knowledge and capability that can't be influence by other or any news thats the reason why they are still in investing in BTC because of their belief.

[btcdiggingmaster]

Each one has a different reason because many people buying bitcoin because there is huge potential growth in Bitcoin. Each has one different mentality and different view about the market, according to my view still, i will buy Bitcoin because there is a huge chance of growth in the coming days.

[kive2k]

I think this is obvious, the price of bitcoin is very attractive now, it will double as a minimum, and many forecast an increase to 50,000! Why not try to buy?

[Wowcoin]

People still buying bitcoin because they know that bitcoin gives good profits once investor have patience. Buying and holding bitcoin are good to get an income once bitcoin price goes up.

[Patadong]

People still buying bitcoin because bitcoin really have a great future and bitcoin can give us a lots of profit. Bitcoin give peoples a lots of opportunity to earn money.

[Sled]

They know that they can earn with bitcoin even there is a lot of so called experts that are saying that the future of bitcoin is not bright since it is a bubble like Warren Buffet's describe bitcoin but people are still getting into it and still buying because they have their own point of view to bitcoin that it is really the future.

[tianok21]

People are continue buying bitcoin because they saw that bitcoin have a future in the market cap. Nowadays the value of bitcoin is continue rising and it give hopes to the people continue believe in bitcoin. Also, the reason why people still buying bitcoin is because it will give an opportunity to gain profit in the future through keep holding in certain period or long term.

[Himanshu111]

I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc,

Why on earth did you waste those hours?

Is this how you earn govt currency as well, or do you suppose there's a better way?

Please tell me you don't think bitcoin is useless because you can't make a decent Bitcoin income looking at advertising sites.

You are right mate. There are lots of options in the forum for us to earn bitcoins in just an hour if we are too patient to look for a signature campaign which give us rewards for advertising than just to play faucets and earn satoshis which only give us so little amount when converted it into bitcoin.

I just started in this forum 5 months ago and honestly i already enjoyed what i earned.

Why this idiot complaining of not getting enough satoshi for that damn faucet,while he can have many other option to gain decent amount here..this kind of lazy person deserves what he got since hes just looking for freebies and dont wanna sweat by chance to gain enough profit.

Lets not waste our time explaining to him,because what he needs is get out of here and never come back,he only contributes spam in this forum and no other than that

There might be so many reasons for everyone that why they chose bitcoins to invest in. but for me, this is only thing. Bitcoins are giving us maximum of the profit that no one else is giving. There is no rocket science hidden in this statement and for the reason, we all prefer bitcoins. These become amazing coins that are broadcasting such huge chances and opportunities to make our lives wealthy.

There is a simple reason behind it.The people have faith in bitcoin that is why they are still using bitcoin.Bitcoin offers us many ways to earn money through it.People also buy bitcoins and hold them for future price rise because they will earn huge profits.You should keep buying bitcoins because bitcoin is the money making machine.Bitcoin is capturing the market and is the hot topic in today' date.It is attracting many people day by day.

[carlisle1]

I think most buy BTC because they believe they will lambo in 1 month...

No not really,all of us see how prices grow this past months you think with that people still believe becoming lambo in a month?for me i still buy btc because i know this has a future growth,but not in just a month maybe in year or years,but whats important is i trust bitcoin and thats all matter for me

[Cotton Candy]

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.

Bitcoins are profitable especially when they are on their lowest point so why keep on asking why they are still buying it of course they wanted to gain money and that lowest point is an opening so they will take the risk. That is their mentality and me too i am willing to buy bitcoins in their lowest knowing that they will always go up again. So those people who doesn't believe in bitcoins just don't hate because you are brainwashing the newbies

[SkustaClee]

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.

You will get it if you fully understand how bitcoin works. Bitcoin is one of the most profitable investment here in the cryptocurrency world and the stability of the bitcoin is the reason why investors are keep making investment with bitcoins.

[Alexanderr1982]

This topic was started april 2013. Today 0,002 BTC looks pretty

[fileo]

New comers investors wants bitcoin for they know it was proven already and more big whales trust this coin. Bitcoin is not shit coin and it is not useless coin. Basically it is valuable. Once it step up more alts step up too, once it goes down some altcoins goes down too. Gradual increase can observe now in the market.

[markdario112616]

You will get it if you fully understand how bitcoin works. Bitcoin is one of the most profitable investment here in the cryptocurrency world and the stability of the bitcoin is the reason why investors are keep making investment with bitcoins.

To be honest, Bitcoin has a complex industry. Every single thing is connected to each other and it's hard to fully understand how Bitcoin really works especially that it is upgrading or advancing as minutes passed by.

It's quite good to say that it is one of the most profitable investments in general.

Hello guys,

Bitcoin is useless, and will most likely never be used as a currency.

Technically speaking, Bitcoin is not useless as you OP stated (especially to those countries, people who can freely cash in and cash out their coins).

I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages

What do you expect? In just a snap you will earn your Bitcoin? OP, You'd probably have a wrong interpretation of the industry. Like any other things you want to achieve, one must invest its time and effort to meet your goal. Don't expect that Bitcoin will provide everything for you.

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.

Fluctuations are very much common in this type of industry, Have you seen the trend of Bitcoin for the past years? If not better spend the time to check it out and try to see it in a bigger picture. Given that this year Bitcoin became much more popular and there are a lot of people are considering Bitcoin to be part of their investment.

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 ...).

This is normal (lags, problems, missing money, and delays), Even banks are prone to this. Hackers, scammers, and skimmers can easily rob people's identities nowadays. So your argument about the Bitcoin's security is irrelevant.

[DLMM]

In addition to the disadvantages you mentioned above, bitcoin has many advantages, it can help you get rich quickly, so many people still buy and invest in bitcoin coins.

[eroejoe]

Most of people buying Bitcoin because they think or believe that price of Bitcoin will go up, and they are confident in that enough in order to invest their money.

[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?

Shall we say, Why people want to invest in Bitcoin...?  The phenomenon about Bitcoin when was started way back in 2008 by Satochi still exist today. The growing interest of investor posting their trading everyday on the crypto market reflect confidence, fundamental are good, does invites more buyer or investor that would enter into  the crypto world market. Base on the market preview last few weeks, show only one thing, Volatility of Bicoin on the market reaction exist. But after the market correct itself and now stabilized to a very good fundamentals, investor regain the confidence on Bitcoin which is why people chooses this Crypto. The global acceptance on Bitcoin is growing everyday.

[Pakwan12]

People still buying bitcoin because they thinking and believing that this coming months the price of bitcoin  is going high so that they still buying bitcoin .