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Author Topic: Why people are still buying BTC?  (Read 13721 times)
Emitdama
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June 08, 2018, 06:39:15 AM
 #1281

The bitcoin is getting dipper into social media platforms, being advertised and that is the reason why it has more audience right who are interested in this cryptocurrency now.
We are observing that people are still investing in Bitcoin and the reason for this can only be the achievable and affordable market or in other words a favorable market. the market is recording investments these days too and this is the opportunity for people to get benefited with the Bitcoin in a low market because Bitcoin benefits you more in a low market rather than a normal market.
many reasons why people buy bitcoin, even if the price goes up, or goes down. but, the main reason is, as an investment tool. of course, to date, bitcoin is still rated as the best investment tool in the crpyto world.
they believe investing in bitcoin or other crypto currency give them more profit than saving money in bank.although its have big risky , but in several years they believe bitcoin can rise 10x .
Buying Bitcoin these days mean that people are interested in Bitcoin and they want to put there monies in this source as they have full trust in it and have observed the previous markets in which we had seen Bitcoin recovering again and this time the same will happen. These investments are carrying out in order to get its benefit in the start and then huge profit in the end.
starblocks
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June 08, 2018, 06:43:47 AM
 #1282

Similar reason why people buy major tech stocks the returns in the last few years have been impressive

More and more savy investors are allocating at least a small percentage of their investment portfolio to cryptocurrency which has helped fuel demand for it

nayeel
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June 08, 2018, 07:41:25 PM
 #1283

Bitcoin now also not die.just price is dumb.people hoped that again btc prices can pump and they can success .then people now also believe and  still buying BTC
NeMa94
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June 08, 2018, 08:33:36 PM
 #1284

Bitcoin is a security and no one can deny that. All market goes by it. Thats why we all buy.
Bhenyivank88
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June 08, 2018, 09:32:19 PM
 #1285

BTC like wheels, Yes just wait, you will know how later when BTC uphill full
Dark Sky
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June 08, 2018, 09:52:10 PM
 #1286

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.

Yes bitcoin can change the world and their mind so many people will take a side from other activities like waste of time activities so they will join bitcoin and their life will settle with future, so that's why many people want to invest their money for their children because they want to secure their future, so many people know that bitcoin is the best investment place and they will earn a lot of money so that's why many people still buying bitcoin.

meusyou
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June 08, 2018, 10:04:19 PM
 #1287

Well bitcoin would always be a force to reckon with as long as long as cryptocurrency is concerned. Bitcoin is the first coin as such would retain its place as one of investors favourite for a long time to come.

IOVO | INTERNET OF VALUE OMNILEDGER
# THE FIRST DECENTRALIZED HUMAN VALUE BLOCKCHAIN NETWORK
Cryptomania098
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June 08, 2018, 10:07:26 PM
 #1288

Because people still want to believe in bitcoin and want to make a profit with the expensive bitcoin price it is today. And I am sure that in the future bitcoin will become a place of public payment in a country whose currency is worthless.Because people still want to believe in bitcoin and want to make a profit with the expensive bitcoin price it is today. And I am sure that in the future bitcoin will become a place of public payment in a country whose currency is worthless.
DJ_Rick
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June 08, 2018, 10:11:26 PM
 #1289

In the future, bitcoin can work as a currency or a means of payment. Not only critics of bitcoin, but also some crypto-enthusiasts agree that bitcoin has signs of a financial pyramid. As for the forecasts for the price of $ 196 thousand, then, according to the general director of the crypto-wire Wirex, bitcoin is able to reach this mark
virarara
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June 08, 2018, 10:38:59 PM
 #1290

Some people today still believe that bitcoin will continue to grow and increase in the future. Therefore they are still trying to buy and invest bitcoin.
Lan75
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June 08, 2018, 10:49:32 PM
 #1291

In the future, bitcoin can work as a currency or a means of payment. Not only critics of bitcoin, but also some crypto-enthusiasts agree that bitcoin has signs of a financial pyramid. As for the forecasts for the price of $ 196 thousand, then, according to the general director of the crypto-wire Wirex, bitcoin is able to reach this mark
As they say that nobody can really tell the exact price of bitcoin in the future. Definitely it will still grow as time passes by and that is why people are still buying bitcoin in the hope one day the can gain profit from it if the price surge higher that their buying rate.
BlackBeauty
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June 08, 2018, 10:58:04 PM
 #1292

In the future, bitcoin can work as a currency or a means of payment. Not only critics of bitcoin, but also some crypto-enthusiasts agree that bitcoin has signs of a financial pyramid. As for the forecasts for the price of $ 196 thousand, then, according to the general director of the crypto-wire Wirex, bitcoin is able to reach this mark
As they say that nobody can really tell the exact price of bitcoin in the future. Definitely it will still grow as time passes by and that is why people are still buying bitcoin in the hope one day the can gain profit from it if the price surge higher that their buying rate.
Its price will more high because if we think about its previous price in 2017 so we can say that its price will double triple high after a year in 2018, so that is why many people want to buy bitcoin because they know it will very profitable for them.
denisaardelean
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June 08, 2018, 11:29:36 PM
 #1293

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.
This point, according to me, is not really good to buy bitcoin, you can see that bitcoin prices are constantly adjusting in recent days and there is no tendency to increase specifically, so to be able to trade Successful you need to always follow the bitcoin price. According to my analysis, bitcoin prices will be able to adjust to $ 7100 today.
Batask
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June 08, 2018, 11:39:02 PM
 #1294

Some people today still believe that bitcoin will continue to grow and increase in the future. Therefore they are still trying to buy and invest bitcoin.

Bitcoin is the most popular of all coins, bitcoin has a strong community and people are still investing bitcoin because they still trust and believe that bitcoin will grow up again, bitcoin will rise again just like he did last year.
Wong Gendheng
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June 08, 2018, 11:51:15 PM
 #1295

I think people are still buying bitcoin because they believe that the future and bitcoin prices will continue to improve and go up so buying bitcoin is a very good and profitable option.
micleeiu398
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June 09, 2018, 06:13:46 AM
 #1296

People always choose the profitable site, day by day bitcoin is becoming the most influential platform for making profit within a short time so that people prefer Bitcoin as safe and sound investment. That’s why they are going to be attached to this platform day by day.
Yeah! This is one of the reasons why people are still buying bitcoins. They know about the secure and well future of bitcoins so they never want to miss an opportunity to become rich. Also, they are well aware about the popularity of bitcoins that is increasing day by day so no one can fool them by saying that their future is unstable.
Zigzagkuy
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June 09, 2018, 06:24:55 AM
 #1297

Because people still believe investing in bitcoin. Investing in bitcoin in value is great for the long term and will produce something of value. So people are still buying bitcoins to make a profit in the future. Buy it while you have more money and buy it slowly.
gelay
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June 09, 2018, 07:04:27 AM
 #1298

For me, people are still buying bitcoin because they still believes that bitcoin will continue to rise in the next months or years. Bitcoin now are still the most popular among all coins in the crypto world. It still the most dominant coin in the market. And also they still believes that their money they invest in bitcoin will double or triple in price.
kingdomofhearts
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June 09, 2018, 07:31:10 AM
 #1299

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 fact that the price right now is low, makes it enticing for investors. There should be a few people out there thinking that right now is the right time to buy considering that the price has a very good chance to go back up again.
Hypnosis00
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June 09, 2018, 08:36:33 AM
 #1300

Because people still believe investing in bitcoin. Investing in bitcoin in value is great for the long term and will produce something of value. So people are still buying bitcoins to make a profit in the future. Buy it while you have more money and buy it slowly.
They are all bullish about bitcoin because bitcoin can create a lot of profit for them and also for us people who have bitcoin. If i have a lot of money then i would still buying bitcoin even though i am reading a lot of fud in the internet because it doesn't matter to bitcoin because it will still go up because its community is so huge and there is a lot of supporters of bitcoin.
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