Why people are still buying BTC?

[Lambe Ndumble]

People are still buying bitcoin because they are very confident about the future of bitcoin, it can be seen that the current market is improving so buying bitcoin is now a very good and profitable thing for the future.

Yes, this is because the end-of-year phenomenon always shows that the year-end prices will skyrocket, and I think it's natural because the sign of the increase has already happened and in August it will reach $ 10k after more than 5 months under $ 10k.

[Btc_1856]

People know how potential the Bitcoin is going to be, still, there is a huge growth in terms of Bitcoin price and this makes them invest more in the Bitcoin. The technology behind the Bitcoin and it's price makes them believe it more and it makes them invest more in it.

[Harith65]

If i say simply it is the high time to buy.when you were asking this questing price of the btc was in deep position. Nowadays the market is tend to up as well as most of the crypto experts told future price of bitcoin is high. we called this time as bull market. it is going to rapid movement for moon. price of percent over 8000. it is also good price to buy because when consider future predictions, percent price is very smaller. you can earn 3x profit simply  if you buy now.

[beverly788113]

If i say simply it is the high time to buy.when you were asking this questing price of the btc was in deep position. Nowadays the market is tend to up as well as most of the crypto experts told future price of bitcoin is high. we called this time as bull market. it is going to rapid movement for moon. price of percent over 8000. it is also good price to buy because when consider future predictions, percent price is very smaller. you can earn 3x profit simply  if you buy now.

You can see that although the market is still in a bear market in the long run, it can be seen that the bitcoin price is still very valuable and still recovering strongly in recent days, the market is still recovering very Strong so I believe this moment is suitable for you to invest long term. Bitcoins are always volatile so stay tuned.

[JessicaThomas58]

I do not see this time selling or buying Bitcoin. This point may be appropriate for Altcoin, the short-term investment plan.
Be patient with the Bitcoin you are holding.

[Zelezinskyi]

Bitcoin, a decentralized form of virtual currency has already helped hundreds of thousands of people to earn, hold or trade with them. In addition, people believe that bitkoyn can change their life for the better.

[kukurikapu]

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.

"Hope", "betterment", "life-saver", "opportunity" and etc... are just few out of hundreds of words which can describe bitcoin. No matter how much other people see bitcoin as negative, there are still people who believe in it because it gives us better future. And next time, make sure you do your homework correctly.

[Crystal24]

People ate still buying bitcoin , because bitcoin is the future.
Its seen as an asset.
Just the way people buy landed properties for profits .
Bitcoin investment is one of the good investments.

[satana_igor666]

And why we should not buy bitcoin.  According to the latest data, bitcoin outruns all other currencies in popularity.

[cjmalicious]

Bitcoins use as a 'money' has been consistently developing in different divisions, Silk street maybe being among the most striking. Nonetheless, the value this generally miniscule exchange movement would bolster, I would envision to be still particularly in single digit region. Obviously, the humoungous twofold and triple digit costs have occurred because of hypothesis/control, and let's be honest, everybody here has had a chance to enormously improve themselves on account of this, and who doesnt need a cut of that activity?

My closely-held conviction is that most on here (the microscopic fish or, best case scenario, the tadpoles of the Bitcoin biological community), are as yet purchasing since they are fkn inept and are blinded by thier possess voracity/hopefulness with regards to the solid likelihood of much lower costs in the months ahead. In any case, having said that, with all the unpredictability, even now there is still bounty open door for pleasant benefits to be made, and who doesnt need to make benefits?

[papsmark]

Because, bitcoin is helpful to us and easy to earn

[Kodok Bencot]

People who still buying bitcoin because thinking and believing that someday get big profit, it has been proven in the last year many people become successful and rich because bitcoin invest.

[Merritt_Baldric]

People are buying BTC because they want to be rich. They are investing. Investment is one of the ways to become rich. All the millionaires have invested. None of them became millionaires by working in a shop. Investment is the way. BTC gives that opportunity. Actually, every year, many business opportunities are available. Some are very good, others are just fine. BTC are of the good opportunities to be a millionaire. In maybe 20 years, if governments accept BTC, well, we can welcome new millionaires.

[indayburakday012]

As of this moment it is the best time to buy for more BTC for market price is not that high compared to the other month. The market price for bitcoin has done high fluctuations that is being shown by cheap market price for bitcoin. Yet the bitcoin market price now started to grow strong so people should buy BTC now.

[abaharie]

many advantages of buying bitcoin .. with lots of reading great profit opportunities .. buy now by selling it at the end of the year .. chances are the price will go up .. with a fantastic price ...

[deel02]

People are buying BTC because they want to be rich. They are investing. Investment is one of the ways to become rich. All the millionaires have invested. None of them became millionaires by working in a shop. Investment is the way. BTC gives that opportunity. Actually, every year, many business opportunities are available. Some are very good, others are just fine. BTC are of the good opportunities to be a millionaire. In maybe 20 years, if governments accept BTC, well, we can welcome new millionaires.

Because bitcoin has it own value from the others that can help from the things that bitcoin can perform its value. It cam be more helpful and useful from it self.

[Wong Gendheng]

Surely they are convinced that with bitcoin will make the dream of becoming rich, many people dream of success and rich from bitcoin so they will buy and hope for the future as it was years ago.

[xXBEVOXx]

Because it's still the most valuable coin. And there's plenty of room to use. People can pay their tax debts with bitcoin. They can buy tickets for travel. And most of them make money by investing. Why do people use bitcoin? The answer is obvious. I think it should be continued. Transaction fees are too high. But those who use it ignore it.

[gaxfrwpy]

Most of the people who are still buying are people who believe in the encrypted world, and they believe bitcoin will come back, which has been in history in the past.

[emezh10]

People are buying bitcoin it is a part of their investment in terms of trading or future holding. People believe in the future of Bitcoin because it is a future currency that we could used in a faster and more efficient way of transaction with the help of the blockchain system.