magz
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World's First Chain Balancing Token (CBT)
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October 07, 2017, 07:38:05 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?
If you believe in the purpose and goal of Bitcoin, you won't be able to think of selling it now. Bitcoin is the innovation of currency. It is not about of its price that will hit $10,000 next year. For me, it is about holding it because of what I believe that Bitcoin is the next generation of currency. The first ever digital currency. |
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atc1-REAL
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Activity: 101
Merit: 10
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October 07, 2017, 07:56:12 AM |
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Right now, the only reason most people are holding on to it is because of the rapid price appreciation that it has shown. Others truly believe that it will be a future day to day currency.
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Qartersa
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October 07, 2017, 08:09:47 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?
Hi! I get the idea that you are skeptical about people who are still holding Bitcoin despite the current economic situation of Bitcoins. But I guess these people are gambling on the fact that Bitcoins also increase extensively in value. Thus, they try to hold it in until such time the value substantially increases and probably get back all the investments they poured in and even more. |
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Tim2412
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October 07, 2017, 08:13:40 AM |
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Bitcoin owners waiting price increasing and i think it is reasonable
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fateh1313
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Activity: 72
Merit: 10
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October 07, 2017, 08:42:21 AM |
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people are holding bitcoin because it is acceptable as legal currency in many countries and accepted by many online portals as payment mode .
those who are holding from beginning are now multi millionaires so it has very long and stable future
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haji lulung
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October 07, 2017, 08:50:03 AM |
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There are many reasons why people are holding bitcoin. One of the reasons the people expect that someday the value of bitcoin will raise up so they can get a lot of profits when they sell bitcoin. The second reason maybe the people feel safe by holding bitcoin for their asset in future.
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Swopon
Copper Member
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Activity: 700
Merit: 120
Gamdom
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October 07, 2017, 08:51:54 AM |
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For their profit, they want to save btc now and sell them when the btc will more than present
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mobilezz
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October 07, 2017, 08:53:35 AM |
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People keep bitcoin because they are sure that the panic will end and they will then make a big profit by which they will be able to achieve their goals. Those who panic usually lose all their money.
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Xester
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October 07, 2017, 08:55:27 AM |
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people are holding bitcoin because it is acceptable as legal currency in many countries and accepted by many online portals as payment mode .
those who are holding from beginning are now multi millionaires so it has very long and stable future
Yes that is a good answer. We are trying to hold our bitcoins because we believe that bitcoin in due time will give us a good earning. For example one bitcoin now is around $4000 and ten years from now it could be ten times its value. So it will give many people an opportunity to become rich. As much as I can, I am trying to hold my bitcoin if there is no need for me to withdraw some of it. |
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ajochems
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October 07, 2017, 08:57:23 AM |
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There are many reasons why people are holding bitcoin. One of the reasons the people expect that someday the value of bitcoin will raise up so they can get a lot of profits when they sell bitcoin. The second reason maybe the people feel safe by holding bitcoin for their asset in future.
Good Buddy. If you have bitcoin longer time means, that much profit you have with you for your future.Bitcoin keeping is like saving money in bank which gives interest to your money. In bitcoin also,after some days you will get additional dollars compared to today's price of bitcoin. |
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pathapoddo
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Activity: 448
Merit: 100
CRYPTOCITIZEN $CCASH
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October 07, 2017, 09:09:55 AM |
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They thinks in future bitcoin's price will raise & it will be huge profit.sometimes I also do that for profit.
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Bren Briones
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October 07, 2017, 09:14:57 AM |
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People are holding bitcoin because it was a mere asset to us. In cases of flactiating rate ints value, panicking is not the best option. We all knew that bitcoin had establish a good standing in the market and it is the most popular coin in the market. Holding them until its value rises is a good choice.
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mark15
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Activity: 18
Merit: 0
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October 07, 2017, 10:04:29 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?
I think people holding bitcoin because it helps them in their life like financial problem. In bitcoin you may sure that your money is in a good hand and your money is safe and secure. If you are holding your bitcoin it means you are holding too your dreams to come true. Maybe bitcoin is the way to succeed. |
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aishyoo17
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October 07, 2017, 10:18:05 AM |
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people are holding bitcoin because it is acceptable as legal currency in many countries and accepted by many online portals as payment mode .
those who are holding from beginning are now multi millionaires so it has very long and stable future
Yes that is a good answer. We are trying to hold our bitcoins because we believe that bitcoin in due time will give us a good earning. For example one bitcoin now is around $4000 and ten years from now it could be ten times its value. So it will give many people an opportunity to become rich. As much as I can, I am trying to hold my bitcoin if there is no need for me to withdraw some of it. Agree I am also holding my bitcoin since the day I bought it and taking the opportunity in becoming rich after 10 years. The only bitcoin that I spend is the one that I earned from signature campaigns but I don't spend them all I only get at least 5% of my earnings and still holding the rest. |
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chidrawarster
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October 07, 2017, 10:30:08 AM |
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Bitcoin in today's date is treated as an asset by many of the cryptocurrency traders. Its fall in or rise in prices may be ignored for certain period of time as the rise of cryptocurrencies period has only started. Much more rise is expected in the price & we may see continuous rallies & corrections as well. Corrections only would be due to bring in more orders & establish the average price & then can we can expect some volatality in the future.
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hari9981
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October 07, 2017, 10:30:34 AM |
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it's because bitcoin provides an advantage if you hold bitcoin. maybe for a moment bitcoin will go down and make you worry for fear of losing. in my opinion it is speculation of bitcoin. so you'd better hold bitcoin because bitcoin will keep going up. you will earn a lot from bitcoin and make you rich
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Sadlife
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October 07, 2017, 10:40:14 AM |
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I think they believe that the promise that this currency have. The promise that someday this digital currency will grow even more especially until now that the adoptation rate has dramatically increase from just two years. The demand has recently gotten higher and the result is higher price which means the more people are using it. Even countries started adopted it, more merchants are using it for their online or offline business and the average joe has now started to recognize bitcoin and has basic knowledge about it. It's decentralization, security, low fees, and global payments is the reason why people use it.
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mel0924
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October 07, 2017, 10:46:42 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?
A lot of people holding bitcoins because they believe that bitcoins values and price is continue to increase and increase in the future. Bitcoins is very popular in market nowadays and many people wanted to earn and want to hold in their wallet for a long time. They believe they could be rich in the future. |
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CisColtz
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October 07, 2017, 10:49:55 AM |
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well most of the users are holding bitcoin for money and there's another type of bitcoin users who simply accumulate it , the 21 bitcoin theory it's just great.
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suzanne5223
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October 07, 2017, 10:52:39 AM |
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people are holding bitcoin because it is acceptable as legal currency in many countries and accepted by many online portals as payment mode .
those who are holding from beginning are now multi millionaires so it has very long and stable future
Yes that is a good answer. We are trying to hold our bitcoins because we believe that bitcoin in due time will give us a good earning. For example one bitcoin now is around $4000 and ten years from now it could be ten times its value. So it will give many people an opportunity to become rich. As much as I can, I am trying to hold my bitcoin if there is no need for me to withdraw some of it. That's good senior but most people hold or invested into bitcoin this days are all influence by two friend which is Charlie Shrem and the 'bitcoin jesus' Roger Ver. Charlie, was early adopted of bitcoin while Ver was first bitcoin investor startup. This 2 friend make people to believe there is good tiding in holding and investing into bitcoin. |
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