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lovesybitz
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August 31, 2017, 06:41:47 AM |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
What makes people compel to hold the bitcoin in this critical situation? Because they have Faith in bitcoin, why? aside from the usages and feature is given already to anyone, they know that this year bitcoin will really become 10,000$ before end of this year then by next year will goes up to 13000 up to 13800$. So if this things happen everyone who hold their coins will surely next year are new newly reach bitcoiner just make sure you hold a huge of bitcoin. |
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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bebrave
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Activity: 9
Merit: 0
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August 31, 2017, 06:43:09 AM |
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I think the reason they are holding onto it is because of the hype around it and how it could potentially reach the 10's of thousands
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NoNetwork
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August 31, 2017, 01:53:45 PM |
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There are a lot of reason to hold bitcoin nowadays. It is because bitcoin is unpredictable most of the time bitcoin increasing its value. Some keeping bitcoin for personal purposes or maybe for future purposes.
I agree in most cases you wouldn't want all of your bitcoin to be converted in the price that you wanted now is it? Well in truth we really can't know how will be the amount of Bitcoin come to be. In exact speculations we really can't know the what will be the price of Bitcoin. All those thing that you've mentioned on your last sentence were all the same. |
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Ingoats
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August 31, 2017, 02:00:28 PM |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Bitcoin is still increasing its price. So the people think that if they will keep one Bitcoin amd wait for a time that the Bitcoin reach its maximum value. So that they will sell it in a high price which is a good idea and factor to them because they can earn a high amount of money. |
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bitcoinVPSD
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August 31, 2017, 02:33:50 PM |
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I think they are keeping Bitcoin they waiting for Bitcoin values in the future will increase ... now hoarding bitcoin as much as possible. It was a smart decision to deal with the economic crisis. If that happens, the value of the monetary chain will decrease and the bitcoin will not decrease. Because bitcoin is not related to banking and government
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pinkpanther03
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August 31, 2017, 03:25:14 PM |
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Some of them running BTC businesses and others using those businesses. Not all people are just hoarding it, though many are.
Many are holding bitcoins and it's not new for everyone. And this is a popular activity by those people that are in bitcoin and the activity that you need to do is very easy. You just have to hold your bitcoins and wait for the price to increase, that's very simple = profit. Indeed, holding bitcoin is the safest things ever that we can do while waiting for the right time to sell it. But of course for now, we need to be patience it can be next year could be the timing for us to sell it, I guess their projection by this year and next year will be accomplish so that for sure new millionaires again will be rise in this industry. |
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Cazkys
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August 31, 2017, 05:59:56 PM |
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People are holding to Bitcoin because they’re waiting for the price hike. Bitcoin is making waves on the business world. It’s been gaining popularity and has been making the news. In this case people get interested and start buying and making investments. If this happens, the demands get high and so is the price. So the people that are holding to Bitcoin can finally start selling their Bitcoin. It’s simply just a matter of supply and demand.
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bitcoinfuck
Full Member
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Activity: 634
Merit: 106
Europe Belongs To Christians
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August 31, 2017, 06:14:18 PM |
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trust me btc is gold or maybe better
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South Park
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August 31, 2017, 06:37:30 PM |
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People are holding bitcoin because of its profit and price. Bitcoin dropped down to $1800 five or six days ago but it is still rising. I think in the stock market, if many people have the bitcoin then the price and profit of the bitcoin will always going up and up. Maybe it's going ti drop a little bit but who knows in the future, if you holding only 1 bitcoin, it still make you rich?!
It is doubtful that holding only one bitcoin is going to make you rich in the future, however it will give to you a great advantage in life over those that did not have it, you could pay some debts or buy something you need for a business, the possibilities are endless. |
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RoadToBTC
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August 31, 2017, 06:58:00 PM |
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People hold bitcoin because they do believe that in the future the price will go higher hence they can benefit from it. Earlier bitcoin holders already get such good opportunity since the price tend to increase from time to time.
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Fretcy
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August 31, 2017, 07:22:25 PM |
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People like to hold bitcoins because of the rise in price of bitcoins as you can see bitcoin is more precious than gold, as the popularity of crypto currency is reaching all over the world the demand for bitcoins will go up and the Price will increase and the holder's will get good return on investment, by gaining more profits by selling them when the price shoots up.
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3kpk3
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August 31, 2017, 07:26:09 PM |
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Simple answer here is that they believe in the value of bitcoin and they are confident that its value will keep soaring in the future. There are so many reasons to support their confidence like the supply and demand logic, positive opinion regarding bitcoin by majority of the world etc. I too share this same opinion.  |
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kevinzxz
Full Member
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👉bit.ly/3QXp3oh |🔥Launchpad on TON
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August 31, 2017, 07:26:57 PM |
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because everyone thinks, bitcoin prices will go up every day, and that's what I think is true. seen from the bitcoin price of the past and present it has much difference, and it proves that if we hold bitcoin now and sell it in the future, we will get a very big advantage |
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drubas
Newbie
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Activity: 57
Merit: 0
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August 31, 2017, 07:35:17 PM |
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Three possible reasons for holding Bitcoin or any other coin / token:
a.) Profit seeking BTC
b.) Long-term target: Decentralization!
c.) Coincidence... Sure, quite unlikely, but possible.
B.D.
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lucygreen
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Activity: 11
Merit: 0
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August 31, 2017, 07:56:40 PM |
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I guess some of us just don't trust banks and governments anymore and Bitcoin and its math seems a pretty good alternative to all these official liars that rob you smiling and saying that they do it for your safety.
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shield132
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August 31, 2017, 08:19:52 PM |
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I guess some of us just don't trust banks and governments anymore and Bitcoin and its math seems a pretty good alternative to all these official liars that rob you smiling and saying that they do it for your safety.
If anyone don't trusts banks, then when they want to get money (exchange btc), that the hell are they using? Of course banks/exchangers so I believe that's not a main reason. People are holding bitcoin to get high profit, but for that high profit there is a need of bitcoin's price rise (that usually happens). Another holding reason is to have a money for a "black day" when goverment will freeze your account and you'll get bitcoin into usd on another way. |
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mihohil
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August 31, 2017, 08:30:53 PM |
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because its price is growing every day, so when it will start falling people will be able to cash out
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youdacapt
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August 31, 2017, 09:14:36 PM |
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Many people think that saving as much bitcoin as possible will be very useful for the future, but I think the majority of us just make it immobile (passive assets). Bitcoin has an active currency role, supposedly if we continue to use it in various businesses then we can enjoy it as often as possible instantly exchanging with fiat after what percentage we get.
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Irvinn
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August 31, 2017, 10:17:36 PM |
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Why do people keep bitkoyn? In my opinion, the answer is already clear. It is used as a means of accumulating value. That is, people do not unreasonably expect that the price of bitcoin will increase significantly with time. While this hope comes true. Price bitkoya is rising. According to forecasts for both the short and long term, this trend will continue for a long time. So in this case people do absolutely right.
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DoublerHunter
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September 01, 2017, 02:10:25 AM |
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Why do people keep bitkoyn? In my opinion, the answer is already clear. It is used as a means of accumulating value. That is, people do not unreasonably expect that the price of bitcoin will increase significantly with time. While this hope comes true. Price bitkoya is rising. According to forecasts for both the short and long term, this trend will continue for a long time. So in this case people do absolutely right.
That is absolutely correct, they are keeping bitcoin because they know that the value of bitcoin will go up and they will earn more money in bitcoin if they will not touch it and just keep it for long term and even in short term they can earn up to 500 USD because of the unexpected pumps and for just a correction it is "bitcoin" not bitkoyn. |
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