billarerghomes
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July 08, 2018, 02:20:37 AM |
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That is very easy to explain because everyone wants to improve their quality of life which is why they use the opportunity like investing into cryptocurrencies.
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zxcv cool
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July 08, 2018, 04:40:14 AM |
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When the price of BTC falls, many people like to buy cheap BTC. As an investor, it is the right decision to buy cheap investment products.  |
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Fantastic33
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July 08, 2018, 05:00:57 AM |
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People are still buying btc or still investing on it because they wanted to gain profit. For example is someone buy a certain amount of btc and hold it, he/she may gain profit from it every month. But it solely depends on its price. Also, most people choose btc because its the most popular among cryptocurrencies. Its price (equivalent fiat price) is also high compared with others.
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Milliionaiire
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July 08, 2018, 05:21:13 AM |
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It doesn't depend on one leadership figure like Litecoin oder Bitcoin Cash. The tech might suck, yes, but its functioning, unlike some other Top 10 coins at the moment. Plus it will always have the first mover advantage. All this provides security to crypto investors. I see Bitcoin as a sort of digital gold.
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SIHIN
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July 08, 2018, 11:51:15 AM |
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because bitcoin is a very promising coin gives advantages. people buy bitcoin because they have hopes for a big profit from bitcoin. and that's because the bitcoin prices are rising fast.
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connexus
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July 08, 2018, 12:50:16 PM |
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People do still buy bitcoin because they believe and trust on the high rate of returns that they can get from investing in bitcoin. Even me i would still invest specially now is the downfall it is good to buy bitcoin at a lower cost and keep it for long term.
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Glorypaasa
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July 08, 2018, 01:01:52 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. For me, I think that the reason why people are still buying crypto currencies despite the big losses that some have suffered is because they see the potential in this industry and the hundreds of innovations that this industry can offer to the world which can solve real problems that we currently have and problems solved is equal to people paying for the solution which in return can make good profits for the investors. Another reason would be the thought of making money easier than the traditional way or the thought of hitting it big. |
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aizenbryle
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July 08, 2018, 01:13:10 PM |
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Many investors are still buying bitcoins because bitcoin has been proven to provide profit and if the price of falling bitcoin it will soon recover and increase again so patiently we will still get a profit.Bitcoin will continue to grow so it will have an ever-increasing price and profit.
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Bastok
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July 08, 2018, 01:27:07 PM |
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Different people have different preferences. Just like how some people prefer to use cash when dealing, some prefer debit card, some credit card and etc. Each method have their advantages and disadvantages, but people still use them. Same argument for bitcoins.
They still buying btc because they have money to invest and they believe that btc has potential to help them achieve thier goals. There are lots of reason why they invest and maybe we only have common reason. BTC been experienced crisis yet still able to recover. |
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Bosx1ne
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July 08, 2018, 02:02:01 PM |
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Their reason may be their chance to buy it, because bitcoin prices are low and they buy as much as they can afford to invest.
Bitcoin can still be trusted because they believe bitcoin will definitely rise from adversity and believe in the coming months bitcoin will rise again
many people are still optimistic about the future of bitcoin. although it is still experiencing a very large decline, but many people consider this cheap price is a good opportunity to buy and sell it in some later. I am also one of them, because I know how beneficial bitcoin is even in this dip, I consider bitcoin as the best source of earning, as we are getting better future only because of bitcoin so we are lucky to have bitcoin now, it has all guts to change our life, we need to trust bitcoin even in the fallen situation b3cause only positive thinkers will know that bitcoin fallen price is a positive sign for those who have patience and are willing to buy some bitcoin at the cheap price. People are aware on the potential of the bitcoin. They are aware that the bitcoin will become more valuable because it has limited supply. Even the price of the bitcoin is decreasing, people have still trust to bitcoins. |
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ourepts
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July 08, 2018, 02:39:40 PM |
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Because BTC still has a price to be bought and has a price to be sold (Profit). I say that because BTC is currently a digital currency that will make many changes. The advantage of BTC is still with us. Wait 2 years ahead I am very sure BTC will increase again. And this answer makes everyone who knows it will be sure to buy BTC.
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Rezel111
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July 08, 2018, 02:45:18 PM |
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because bitcoin has a good future and everyone buys bitcoin just one hope of making a profit,and people know that bitcoin is very potential and bitcoin are also suitable for long-term investments.some bitcoin trading has become the main job.
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Vishnu.Reang
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July 08, 2018, 02:59:29 PM |
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People purchase Bitcoin because they still remember what happened in 2017. During that year, the exchange rates went up from $1,000 per coin to $20,000 per coin. And don't forget about 2013. During that year, we had a 240x price increase.
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bizalaz
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July 08, 2018, 03:29:10 PM |
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Bitcoin is what - will give and give us the future. And he's only gaining in popularity, tmo people will buy it now and then, until it's over.
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ichiusis
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July 08, 2018, 04:13:53 PM |
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I can understand those who are still buying BTC because it is a good investment for the long-term. I think if you hold it for the long-term in the future you will be able to earn much more than if to sell now.
Yes it is. BTC will reach 50 k this year. |
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angrynerd88
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Hodlers Network
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July 08, 2018, 06:16:35 PM |
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Bitcoin is the future global currency,People who have long term planning and educated about crypto and economy they know that in future Bitcoin will be legal over all the globe and its value will be hit on sky.This is good time to buy Bitcoin because now Bitcoin is affordable and hold with patience till meet the maximum profit.
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McSneak
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July 08, 2018, 06:50:35 PM |
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I think this will be obvious as long as BTC will remain the top 1 crypto currency  The just want something really reliable, and that's the most reliable thing out there in crypto. Being the most popular and highest value crypto currency, people always go for Bitcoin because it has a very huge profit even in a smaller variation of price increase and another thing is that mostly traders make bitcoin as their starter kit to buy those Altcoin they want to buy. With the increasing popularity of crypto currency and the blockchain technology the people realize that bitcoin have the potential to be the future of people's money. Very very true |
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icoprofits
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July 08, 2018, 08:19:19 PM |
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people are still buying bitcoin because they believe in bitcoin and future of bitcoin growth and even at the downtrend they have complete faith in bitcoin
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vik254
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July 08, 2018, 08:31:44 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. This post really tells me how hard it was for people who adopted btc in its early stages. it seemed that there was no clear future for btc then |
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moshk555
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July 08, 2018, 09:11:10 PM |
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Right now the bitcoin price value is at 6500 USD compared to its valuation a few months ago at 20,000 us dollars which means according to the Elliot analysis phase it is at its lower correction phase and the best time to buy the coins before the phase is over and people start buying and increase the price again.
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