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Question: According to the past five or six weeks bitcoin price study I've noticed that the bitcoin price is continuously rising and falling, the price fall is more than the rise and still most of the bitcoin holders are not ready to sell it. I want to know the rea
When and how?
What if drops?

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Author Topic: Why people are holding Bitcoin?  (Read 58435 times)
Hasan986
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September 19, 2017, 05:35:11 PM
 #1141

Because its value is increasing day by day. It was 3 times more than what it was today. So if they can hold them they can be sold more in front of them. More profits can be obtained. Roll Eyes
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Giapmanhdong
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September 22, 2017, 05:19:30 AM
 #1142

The bitcoin market has virtually no depth, more than a microscopic number of people realizing any profits from bitcoin drains the entire pool. For this reason there is a strong demand to create a bunch of memes and sense of community responsibility that just leaving your bitcoin sitting forever is somehow a huge virtue. To the point people have a "funny joke" of hilariously flipping letters to make it some community meme thing to try and make it a community virtue, since if it's not that, bitcoin crashes to zero. People need to put money in, not take any out.
Didle1938
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September 22, 2017, 09:39:58 AM
 #1143

Individuals consider Bitcoin as an investment decision instrument. It works the exact same way like the other currencies. The cost of Bitcoin may rise or tumble for a specific period of time. Nevertheless, in the circumstance of Bitcoin, folks see it as some thing that would carry on to increase in the prolonged operate. And with that, contemplating Bitcoin as their expense, men and women are trying to discover a perfect time the place they believe that they ought to offer their Bitcoin to a large price and keep away from the achievable depreciation of price.
Mr. Thang
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September 22, 2017, 10:04:56 AM
 #1144

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?


In order to understand the decision of most individuals in holding bitcoins on their respective wallets, you must first know bitcoin's nature in the market. Due to its property being decentralized and volatile, the price of it can skyrocket anytime without warning. That is why most investors and individuals hold their bitcoins, clinging on the hope of increasing their money in the future.

offlinedragon
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September 26, 2017, 05:40:32 AM
 #1145

People holding bitcoin because they want to make it as an asset. People want someday their asset value become increase. So, they can get some benefits when they sell their bitcoins.

Yes people want to hold bitcoin because they know that bitcoin price will rise every year so if they will hold it for at least 2 years or more then they will gain a lot of money.
People are holding bit coin because they know it’s real worth. Bitcoin has a lot of number of investors, users and traders. Investors and traders are holding bitcoin for getting huge profits in future. If one holds a bit coin for more than a year he will be getting profits because of the rise in the value of bitcoin.
RubyM
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September 26, 2017, 05:49:01 AM
 #1146

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
I am holding bitcoin only because of its value, I just believe that if I keep on holding I might end up being a millionaire.

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potatocorner
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September 26, 2017, 05:55:35 AM
 #1147

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Some of the users here in bitcointalk are unemployed, so they depend here. There are also students from different countries who use bitcoin and it serves as a sideline for them so even bitcoin's value is unstable, it helps them in their needs. They are still hoping that bitcoin can improve and its value can grow bigger.

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darewaller
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September 27, 2017, 02:09:22 PM
 #1148

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?


In order to understand the decision of most individuals in holding bitcoins on their respective wallets, you must first know bitcoin's nature in the market. Due to its property being decentralized and volatile, the price of it can skyrocket anytime without warning. That is why most investors and individuals hold their bitcoins, clinging on the hope of increasing their money in the future.
Yes that’s true. Sometimes I hold my Bitcoin believing the price will anytime soon. Though the opposite do happen sometimes; it decreases in price rate. But when that happens, I still hold cause I know no matter what, it will still pump.
lehoang3369
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September 27, 2017, 02:28:27 PM
 #1149

People keep it in case of price increases. Bitcoin can be an investment as long as its price is rising. Those who hold it take advantage of its increasing richness making it several years later. I think it will increase
MS.LAWLIET
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September 27, 2017, 02:39:44 PM
 #1150

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

It is because of the fact that bitcoin users are now increasing in number, they are expecting that yes it's price decreases but some believe that it will soon doubled it's price. Might as well keep it than regret later.
Ariess
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September 27, 2017, 02:44:36 PM
 #1151

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?


hope all will be stable again, that's a very classic reason. yes if it will end with disappointment, everyone makes a decision with the risks it makes.
this is kirpto, the stock exchange that always disguises the advantages and disadvantages.
Destroyeroff98
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September 27, 2017, 02:48:37 PM
 #1152

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Many people believe in Bitcoin and waiting for the moment when he will be much more expensive than it is now.

xfaqs01
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September 27, 2017, 03:15:49 PM
 #1153

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Because by difinition bitcoin is not just a cryptocurrency it is also an asset where its value appreciate over time, so those investors that chooses to anonymous unlike banks are compeled to invest on it, we believed it will continue to apprexiate more considering its overall supply of 21 Million and only 3Million+ left mineable?  All hell break lose! theres no other route for it but to the moon Smiley

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September 27, 2017, 04:56:27 PM
 #1154

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Many people believe in Bitcoin and waiting for the moment when he will be much more expensive than it is now.
yep that is right, as you know bitcoins price was doubled, no, it was increased more than 10x of its price last year. if i was able to invest last year and hold it till now i think i have a lot of money now, but sad to say i dont have money before because i just started earning just now.

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Lupin13
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September 27, 2017, 04:59:49 PM
 #1155

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
You should hold your bitcoin if you want to make good income. We all know that investment in bitcoin is too risky because the price of bitcoin is volatile but you should not panic and just hold your bitcoin if the price goes down. Holding is one of the best way to gain much income.
melted349
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September 27, 2017, 05:15:20 PM
 #1156

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
You should hold your bitcoin if you want to make good income. We all know that investment in bitcoin is too risky because the price of bitcoin is volatile but you should not panic and just hold your bitcoin if the price goes down. Holding is one of the best way to gain much income.
and for having a great future that is some of reason why some are hold their coin it is much better to hold it because youre right it is too risky to invest bitcoin so much better if you just hold for it.
Sowik
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September 27, 2017, 05:36:29 PM
 #1157

There are lows, there are highs. Some traders sell and buy at lower price, some just hold.
sudip76
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September 27, 2017, 05:42:52 PM
 #1158

People are hold Bitcoin becuase bitcoin price incraess and get profit also get a bright future.
many of pepole hold bitcoin becuase of they need pay payment.


BitcoinSupremo
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September 27, 2017, 05:48:03 PM
 #1159

Many people hold bitcoin because they think bitcoin in the near or distant future may change their lives. There are enough people in poor countries who are looking at bitcoin as the golden opportunity of this era that can change their lives for the better. Many others are holding in order to make profit by daily or weekly trading bitcoin, selling high and buying low.
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September 27, 2017, 05:48:07 PM
 #1160

I'm shocked at the number of replies to this thread.

Without reading the OP, you would think that it was complicated question.


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