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Author Topic: Why people are still buying BTC?  (Read 13644 times)
Comfort1
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August 17, 2018, 07:46:59 PM
 #2221

Most people are into the purchase and investment into bitcoin because the price is lower and there is the hope that it will spike in no time.Thay is the expectation of investors and bounty hunter.
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joelou
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August 17, 2018, 11:53:13 PM
 #2222

Well for me Different people have different preferences. We have our own free will.  Some people are thinking this is the right time to buy BTC because of the Market falling down.
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August 18, 2018, 01:02:34 AM
 #2223

Because Bitcoin's popularitymy friend.  And before we know it majority of whole population in the world are holding . It's digital world.
jack wira
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August 18, 2018, 01:11:01 AM
 #2224

Selamat Pagi bro sekalian....orang orang masih sangat yakin dan optimis yg tinggi untuk membeli btc..dan mereka sangat yakin suatu saat btc akan menanjak tajam naik dan ane juga sependapat ...kalau kita berani menbeli ketika harga turun sudah pasti mengharapkan ke untungan ketika naik nanti...
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August 18, 2018, 01:13:27 AM
 #2225

it may not be useful right now. useful to me, though. but we are talking about a system that is constantly renewing itself. surely will be problems. these are problems that can be solved in time. I guess people think like me.
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August 18, 2018, 01:26:30 AM
 #2226

it may not be useful right now. useful to me, though. but we are talking about a system that is constantly renewing itself. surely will be problems. these are problems that can be solved in time. I guess people think like me.

Cryptocurrency is useful and it was a good investment because there are a lot of people who are interested on investing in bitcoins which makes the price to increase even more in the future.

tintinbongs
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August 18, 2018, 02:49:38 AM
 #2227

Bitcoin is the most known digital currency so why not buy it if it is the highest coin in the market. plus you cannot stop people buying.
Lucas_Farmer
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August 18, 2018, 03:00:49 AM
 #2228

i think people continue to invest in bitcoin is because so many people are still interested in it. many people still want to buy bitcoin, but because the market is going down at the moment people are waiting to see if it goes back up again then will  probably buy. bitcoin is for holders, its a long term investment, so people buy will then keep it for years before selling it. But people are different, their financial situations are different and their financial goals vary. Bitcoin is still very popular and therefore every one wants a piece of the pie.
Chachen19
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August 18, 2018, 03:42:26 AM
 #2229

If the value of a market is profitable, then people will go to the bitcoin they buy because the bitcoin market will give them more value and they will certainly be more profitable to join into bitcoin so people are still buying BTC
merlyn02
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August 18, 2018, 03:52:28 AM
 #2230

bitcoin can be use anywhere over the computer this is the one reason why many of crypto enthusiast still buying bitcoins. making transactions like buying online stuff is very easy.
some reason also why many still buying bitcoins they believe they will get good profit on bitcoins instead of keeping thier money on bank. 
DPrillio
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August 18, 2018, 06:07:13 AM
 #2231

it may not be useful right now. useful to me, though. but we are talking about a system that is constantly renewing itself. surely will be problems. these are problems that can be solved in time. I guess people think like me.

Cryptocurrency is useful and it was a good investment because there are a lot of people who are interested on investing in bitcoins which makes the price to increase even more in the future.
Still people keep on buying bitcoin because its a promising coin despite of big dip in the market, the mystery of bitcoin value fluctuation excites every people of buying since we all know how bitcoin value begun and where it already reach so that's what keep people still believing in crypto market and the bitcoin and with their experience on how they gain profits out of bitcoin.

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August 18, 2018, 07:24:36 AM
 #2232

Ill think they are still buying btc for earning of profit of it on which the bitcoin be going back and rise again the value of bitcoin just like the other year the bitcoin was reach to $17000 it was a big amount of bitcoin that ill see on my life.
Wend
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August 18, 2018, 07:25:49 AM
 #2233

Actually bitcoin it will can use anywhere you go or buying some things and bitcoins will use to pay.
So some of use are trying to buy more bitcoin because it was easily also to use it and do for trading.

telexnetwork
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August 18, 2018, 07:31:37 AM
 #2234

if you have profited earlier from bitcoin you would not have made this thread rather it will be in favor of bitcoins, when CPU and GPU are out of mining bitcoins then that is huge pizza for holder know that.
EmJay
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August 18, 2018, 07:55:00 AM
 #2235

I believe people are still buying btc because they think that it is a good investment and the future of btc is profitable. I also believe the same. People trust bitcoin because its been the number 1 cryptocurrency for a long time and the market decline will recover soon.
suraza21
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August 18, 2018, 08:15:32 AM
 #2236

How much do you keep bitcoin? Are you continuing to invest in bitcoin? Do you think we should continue to buy and invest in the bitcoin market? I think we should still buy bitrates because of this give us more profit
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August 18, 2018, 08:33:29 AM
 #2237

In my opinion, I think the prices of bitcoin currently is at a very attractive level for new investors who are considering to invest some of their money into crypto-currencies, but those investors should be mentally prepared to hold to the bitcoins they purchased for a long period of time as I believe there would still be some months of waiting before the bull market returns.

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August 18, 2018, 08:46:48 AM
 #2238

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.

Do some research. You can see a lot of advantages with bitcoin. In which it cam help you to do you transactions easily at the same time, it can be an investment in which it has the same liquidity as the cash. Bitcoin is very accessible. It can help us to be effective at the same time efficient.

Jmabion134
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August 18, 2018, 09:09:08 AM
 #2239

people buying btc because they want to earn money or to make profit, they buying btc because btc have a potential to climb up again and you will get high profit
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August 18, 2018, 05:00:22 PM
 #2240

In my opinion, I think the prices of bitcoin currently is at a very attractive level for new investors who are considering to invest some of their money into crypto-currencies, but those investors should be mentally prepared to hold to the bitcoins they purchased for a long period of time as I believe there would still be some months of waiting before the bull market returns.
yes, indeed the price movement of bitcoin lately has more often experienced a decline than an increase, but this is an opportunity for new investors to invest in bitcoin by utilizing a declining market situation. it is possible that bitcoin will raise prices back in a not so short period of time, so they have to hold bitcoin for a long time to get greater profits
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