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Author Topic: Why people are still buying BTC?  (Read 13644 times)
agentx44
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May 09, 2018, 12:42:41 PM
 #421

In my personal opinion, people are still buying bitcoin because bitcoin still has a good value and it is worth to invest on it because it is a long term investment. Bitcoin is really a good help for.people who needed money very much that is why they buy bitcoin for them to earn a more better earnings.
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May 09, 2018, 01:32:12 PM
 #422

In my personal opinion, people are still buying bitcoin because bitcoin still has a good value and it is worth to invest on it because it is a long term investment. Bitcoin is really a good help for.people who needed money very much that is why they buy bitcoin for them to earn a more better earnings.

And why won't they buy btc? I mean we've seen how it's value can go up and we've seen how it's value can plummet. All the more reason to buy since riding the volatility can guarantee money. Most people who buy in now are probably after that anyway more than the tech behind it lol.

 
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May 09, 2018, 01:47:38 PM
 #423

In my opinion, people are buying bitcoin even though its price is getting lower now because, they are taking the opportunity to buy more bitcoin in a much lower price. Bitcoin has been going steady these past few months, and its price is much lower than its price last december 2017, so for me, this is the time that I could buy bitcoin in cheaper price, and when it hits an up trend again, then I will gain big amount of profit.

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May 09, 2018, 01:58:12 PM
 #424

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  Roll Eyes ). 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.


The bitcoin is the future currency, the peoples are still buying bitcoin because they believe the market demand will recovering soon.
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May 09, 2018, 02:18:21 PM
Last edit: May 15, 2018, 02:11:37 AM by Intersan
 #425

In my personal opinion, people are still buying bitcoin because bitcoin still has a good value and it is worth to invest on it because it is a long term investment. Bitcoin is really a good help for.people who needed money very much that is why they buy bitcoin for them to earn a more better earnings.

People  are still buying BTC because it has the potential and capabilities that near in the future it will be very profitable. BTC is for long term, that soon it will be a very good choice to invest for the long run.

People are not just focusing for the present but also for the future so its the reason why they are still buying BTC. It is good to hold until time come that you need it and the value is at good state. Many people's are still buying BTC because the bitcoin price will be increase & at this present prices are low so, I think this reasons for people's still buy bitcoin.

They are just smart that they buy BTC now because soon it will cost too much. Also it is more popular now, so soon the value will become  too high.

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May 09, 2018, 02:40:45 PM
 #426

I think for now still buy bitcoin even though the price is very expensive it in because of them bitcoin buyers see a very clear potential will happen that bitcoin can be very expensive when the total supply bitcoin is very limited and difficult to obtain then bitcoin price will automatically become very expensive.
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May 09, 2018, 03:53:47 PM
 #427

because they believe that buying bitcoin can be profitable for them. with a fairly expensive price they can become rich. they do not care about negative news about bitcoin.

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May 09, 2018, 04:13:21 PM
 #428

why do people still buy bitcoin ? probably because people can get benefit from bitcoin. or maybe bitcoin really helps them in economic terms.
I keep buying bitcoin because I'm getting the benefit of bitcoin if bitcoin prices go up. because bitcoin can be made in investment, there is no harm we continue to buy bitcoin.

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May 09, 2018, 05:07:15 PM
 #429

It is a good news for me  ,to know that their are people who really believe that Bitcoin is not a scam although their are many fake news coming every day haha
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May 09, 2018, 05:09:18 PM
 #430

because of the technology my friend. blockchain technology is going to rule the world in the future. and bitcoin is the first currency based on this technology. smart people keep buying bitcoin.
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May 09, 2018, 05:55:06 PM
 #431

Of course, all we know btc is trusted because it is reliable so people are still buying. And this is also profitable a because the price is very awesome. If it will decreases, it is okay because when the time comes the price is pump, it is like a sky rocket.
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May 09, 2018, 06:04:56 PM
 #432

In my personal opinion, people are still buying bitcoin because bitcoin still has a good value and it is worth to invest on it because it is a long term investment. Bitcoin is really a good help for.people who needed money very much that is why they buy bitcoin for them to earn a more better earnings.

People  are still buying BTC because it has the potential and capabilities that near in the future it will be very profitable. BTC is for long term, that soon it will be a very good choice to invest for the long run.

People are not just focusing for the present but also for the future so its the reason why they are still buying BTC. It is good to hold until time come that you need it and the value is at good state.

They are just smart that they buy BTC now because soon it will cost too much. Also it is more popular now, so soon the value will become  too high.
Who in earth does not want to have money and that too with as less headache as possible? Now bitcoin provides everyone with the opportunity of making good profits in a short duration of time with ease and simplicity. All a person is required to do, invest some money in bitcoin and hold it. No work is involved at all. Bitcoin has improved the living standard of all its holders. Smart people grab this opportunity.

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May 09, 2018, 06:07:38 PM
 #433

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  Roll Eyes ). 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.
Simply because they are still believing that there's a chance that investing on bitcoin will be profitable once again. Bitcoin has been down lately and some people are already leaving but as we can all see, as we stay optimistic, we attract good things. Right now, bitcoin's value is currently rising which is a good thing for those who are still believing on it.

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May 09, 2018, 06:09:23 PM
 #434

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  Roll Eyes ). 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.
We all know how complicated is but still we can see a lot of people staying loyal on it. Their loyalty is not just because they can earn on bitcoin but also because they know that bitcoin can still rise up again and give them a lot of benefits. Let us always keep our hopes high on bitcoin and it will surely happen that it will get bettet again.

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May 09, 2018, 07:49:09 PM
 #435

Because these people already earn big profit out from bitcoin while others are just new believers who also want to earn big profit too. We can't stop bitcoin from attracting these people/investors because bitcoin is real, giving people opportunity and even change their lives for the best.
People are still buying bitcoin and will be buying and investing in it in future due to its response and advantages. The transactions from bitcoin are the unique transactions and there is no such system that will do that for you, there is no such ability. Bitcoin is the most advantageous crypto among all the crypto and that is why people like it and the value has reached at the top.
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May 09, 2018, 08:39:08 PM
 #436

How can such digital currency like bitcoin be considered useless after some years of existing? Nothing worthless will exist for that long. There are so many coins that have gone out of the market and failed but bitcoin never did. As a currency it may not be good as it is really volatile but for some other purpose it could greatly help.

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May 10, 2018, 08:23:16 AM
 #437

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  Roll Eyes ). 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 you are thinking that you are thinking about the high price of the bitcoin and that can't be in to better results soon because the main matter is that bitcoin was started from a very small amount of price and now the price of bitcoin looking very high but in actual if you will see it technically then that it will not be high price in my opinion and also in your opinion because right now demand are very high then supply and also here holders of bitcoin are more then sellers , so here all over there is a big limit of in cryptourrency market .
So here there will be only net gain the price of the bitcoin .
So don't think that why people are still buying bitcoin and also if people will not buy bitcoin then how the demand will increase .
In this Field at every condition buyers and sellers are available .
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May 10, 2018, 12:27:05 PM
 #438

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.

 Agree with you. Nature of bitcoin is so volatile and it doesn't mean crash. It is still a good long term investment as for me.
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May 10, 2018, 12:36:15 PM
 #439

for us bitcoin our easy way to get a good profit, because for us invest in bitcoin is also a good investment in the long term, because bitcoin prices always go up every day.
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May 10, 2018, 04:18:02 PM
 #440

I think people are still buying bitcoin because they still believe that bitcoin is a coin that will remain profitable because it has a price that continues to grow and always go up, so will still provide profit for us
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