Why people are still buying BTC?

[snuechterlein4]

The media writes a lot about the crypto of good and bad, but those who believe in profits are buying BTC. At the moment, this is a fairly simple way to earn money, but for this you need to have money. I  think that the BTC will show strength in 2018.

[Jimmi Andersen]

I think you are very critical of bitcoin and cryptocurrency. Many things and events you take too seriously. Bitcoin has not yet managed to show everyone what it is capable of. The fact that a lot of scams, fraud, theft, etc., without it can not escape. Before robbed banks and hacked the server, and now the exchange. If you are faithful to cryptocurrency, then give a little time of crypto economy to stand on its feet.

[Gabus]

just because it is a good asset investment. It has great expectation of capital appreciation. This create a long-term capital appreciation better than common stocks.

[cunese]

When the price rises sharply and drops sharply, there will always be investors who will buy or sell BTC. Only when there are price fluctuations will there be benefits.

[conected]

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.

There is nothing bad happened with the Bitcoin just the market value faced with downfalls and can recover anytime so do not think that market has something which are unfavorable. In my opinion market either low or high benefits us but it is we who are making complications. People can buy Bitcoins in this low market with but in large quantity using less money so it is benefit in start.

Naturally, the market will recover. As for Bitcoins, people buy them now as BTC is very cheap. We all know that the price of the cryptocurrency will go up soon.

- More precisely, you should say that everyone continues to buy bitcoin because they still have hope with it, it can still recover and reach the top as you and many people desire, Bitcoin never make us depressed, every time it collapsed, it is the step back to a more perfect way, this is something that has engraved the mind and impressed us all. But I think you and many people should change this thinking, Bitcoin is similar to stock, it can create tsunamis, sweep and destroy our assets, we can not trust absolutely on it, always stop at a certain level

[Bitcoinbitcoin0909]

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.

No matter how low the value of bitcoin gets, people will still continue buying it knowing that buying bitcoin at a low price is a great opportunity to hold many and sell it after it gets high again. They are just being strategic and at the same time hopeful that bitcoin will regain its high value in the near future.

[aloktyagi.gz]

People buy bitcoin to make money in the future. The media writes a lot about the crypto of good and bad, but those who believe in profits are buying BTC

[icoprofits]

people are still buying bitcoin because they believe the market will increase and they can sell high and buy low most of crypto holders are positive towards crypto volatility

[redsun114]

Because soon it will start to grow and those people who bought bitcoin will get a good profit.

This is right. They do it for the profit and majority of people are doing it for the profit because it helps earn good money in the market. It has given financial freedom to invest and has been providing employment opportunities enabling people earn easy money given they understand the market.

Many benefits attached to Bitcoin are worth availing because it has reduced the cost of transaction to a greater extent and help save money which in other words is called money earned.

[lynlyn]

Despite the fact the bitcoin's value is not doing so well in the market, this particular moment serves as an opportunity for those who wants to invest and earn big in the future. I mean it is far more better to buy when the value is low, isn't it? So, that must be the reason why people keep on buying it.

People are still buying bitcoin because they never lose hope that bitcoin can change their status in life. They also want to earn more and they expecting more from bitcoin.

[semutracing]

it is true that until now there are still many who invest in bitcoin, this is done because they know the benefits of crypto currency will provide a change in financial life

[Walionn]

The main reason why people still buy bitcoin is that they know that it will soon replace the Fiat. They know that they have a future. If they invest early, they understand that for them there will be very large profits in the future.

[mcqueen95]

Because Bitcoin was still an emerging technology and it's future was uncertain, meanwhile there where not much support for it , meaning nobody was willing to accept bitcoin as payment, so buying bitcoin and unable use it made it less attractive for investment, until recent times, now most people do use it in the darknet market maybe it success might be attributed to it use in the darknet market place... people started to see the value of Bitcoin and its usage outside of the darknet market and it came with a lot of incentives for miners as well as for individual with ease of use.. and there became a surge in bitcoin and fast forward today this is how far bitcoin had gone and why people still buying.

[Khan Apon]

I want to say That, bitcoin is Great crypto currency,  because bitcoin give a good future for any investment People's.
Day by day bitcoin price grow high to high in the crypto market.
So everyone buy it low price and

Sell it high price in the market.
Then people earn here many profit.
In this cause people are still buying Bitcoin.                       

[jhon15]

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.

I think they have special reasons why they still dare to invest in Bitcoin, usually they are not affected by negative issues and stick to their beliefs That with its investment in bitcoin will give a big advantage

[Xenoph0bia]

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.

I think they have special reasons why they still dare to invest in Bitcoin, usually they are not affected by negative issues and stick to their beliefs That with its investment in bitcoin will give a big advantage

Bitcoin is still the favourite cryptocurrency in the market even after the fall in price.Bitcoin is still considered the most valuable and expensive cryptocurrency.Bitcoin is still the people's favourite.People are investing in bitcoin as it is the best option for investing in today's date.Bitcoin is a blessing for those who are jobless or want to earn money quickly.But one needs to give their time and hardwork in order to earn money from bitcoin.It has made many people rich.

[Tokekz]

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.

People still buy bitcoin because they believe in bitcoin. They really understand bitcoin that bitcoin can provide benefits so they are willing to buy bitcoin which is so expensive.

[Carreuh]

Maybe some of those who are still buying bitcoin might be because they are very sure that the price of bitcoin will rise again in the future and now is the perfect time to buy because the price of bicoin is cheaper again

[itsik78]

There are a number of reasons:
1. Every day of the crypto currency Bitcoin becomes more stable
2. The world economy is unstable
3. Speed of creating new bitcoins is halved
4. The schedule bitokoya looks quite promising
5. Cash Disposal Plans - Goldmine for Bitcoin
6. The use bitkoynov rapidly gaining momentum around the world
7. The speed of the bitcoin transaction
8. There are new ways to use Bitcoins
9. The bitcoin can not be destroyed
10. The mood around Bitcoin shifts to a positive channel

[nemoawe]

I guess it does not hurt anyone to own a fraction of bitcoin to hedge against uncertainty.