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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)
gambitcoin53
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October 24, 2017, 09:01:27 AM
 #1501

think of it as gold reserves, or simply dollar exchange. law of inflation, considering the law of supply and demand, some are just waiting to convert their bitcoins depending on how much is the exchange rate on a specific time, there is no exact time of when people will convert their assets. just be more observant from time to time.

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October 24, 2017, 09:06:50 AM
 #1502

I am holding my bitcoins because it is in up trend, going higher and making me earn more money.

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October 24, 2017, 09:07:30 AM
 #1503

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
They wait for their hour, to break the purchase price of 3 times and withdraw to Fiat later, or sell to other beginners, speculating on this. People are very clever and nothing is done. So all this is done for their own benefit.

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October 24, 2017, 09:17:38 AM
 #1504

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
They wait for their hour, to break the purchase price of 3 times and withdraw to Fiat later, or sell to other beginners, speculating on this. People are very clever and nothing is done. So all this is done for their own benefit.

Bitcoin is future currency it will give more information. Bitcoin is now legal to country. It will improve the future growth. Some prices is down then it will increase the prices. Bitcoin is give more information for the future growth. you will learn the information for the country and future investment. Bitcoin always give the additives to invest the bitcoin. bitcoin prices always increase the prices. It good to use for the get the profit.

 
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October 24, 2017, 09:26:08 AM
 #1505

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People are holding bitcoins because they believe that the value and price of bitcoins are getting high in the near future. Bitcoin price is always getting high as the days goes by and a lot of people are wanted to buy for it and hold in their wallet for a long time.

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October 24, 2017, 09:31:26 AM
 #1506

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People are holding bitcoins because they believe that the value and price of bitcoins are getting high in the near future. Bitcoin price is always getting high as the days goes by and a lot of people are wanted to buy for it and hold in their wallet for a long time.
That is right, they are buying and holding bitcoin because of the belief that bitcoin will go up higher in the future and because of that belief they are still holding and not even selling a little bit of their bitcoin because the price of bitcoin is already jump into a very high price and i think that bitcoin will go even higher and more expensive than the prices that we saw in the past years.
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October 24, 2017, 09:32:45 AM
 #1507

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People are holding bitcoins because they believe that the value and price of bitcoins are getting high in the near future. Bitcoin price is always getting high as the days goes by and a lot of people are wanted to buy for it and hold in their wallet for a long time.
the purpose is different. I know, that lately many are holding back the bitcoin they have in large numbers. well, they are targeting to get bitcoin gold. and clearly, it is also used by some people to sell their bitcoin, because bitcoin prices go up high.

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October 24, 2017, 09:45:43 AM
 #1508

many people holding bitcoin because price bitcoin will more expensive in future. bitcoin have asset as new digital gold and digital asset
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October 24, 2017, 10:10:33 AM
 #1509

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

they hold the bitcoin and do not sell it because they know that bitcoin prices will rise again, better to be patient and wait because it will gain more profit than sell when the price drops

That is always happening on bitcoin, if it is going to experience a huge dump, after some time, expect that it will pump a huge pump more that what you are expecting, so, holding it no matter what and trusting bitcoin is the key to have a huge profits all the time because if you are going to panic all the time every time that they is going to have a huge price drop, then nothing is going to happen to you, you have to mature in the cryptocurrency world in order to gain more.

Being afraid on losing your money is just normal, but don't forget that bitcoin is a promising coin which we could hope a bright future on it, let's stop doubting it and just continue on earning bitcoin.
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October 24, 2017, 10:11:42 AM
 #1510

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People are holding bitcoins because they believe that the value and price of bitcoins are getting high in the near future. Bitcoin price is always getting high as the days goes by and a lot of people are wanted to buy for it and hold in their wallet for a long time.
the purpose is different. I know, that lately many are holding back the bitcoin they have in large numbers. well, they are targeting to get bitcoin gold. and clearly, it is also used by some people to sell their bitcoin, because bitcoin prices go up high.
Yes the lately price increase so high because everyone wants to get a free bitcoingold because look at the success of bitcoin cash. so people try to buy and hold bitcoin to get free coins. but after the block to get bitcoin gold reached, the later bitcoin price fell. But whatever that the purpose hold bitcoin for future purposes who expect prices will continue to rise.
 

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October 24, 2017, 10:38:26 AM
 #1511

Indeed if you see the appearance of bitcoin many people who try to hold their coins, because seeing a very good rise then we can also make it as an investment for our use as economic support our family.
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October 24, 2017, 10:45:55 AM
 #1512

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
they trust on bitcoin thats why they hold more bitcoin. in their minds bitcoin will up very fast and they will get an high profit that why they holding very large ammount of bitcoins.
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October 24, 2017, 10:48:56 AM
 #1513

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

THEY are holding because they are having faith that bitcoin can give then a much kore appropriate or better way to let them go. ALso this kust means that they have faith that butcoin will not go down or that they know some trend they know and others must not be familiar of.

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October 24, 2017, 10:49:33 AM
 #1514

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

We are waiting for bitcoin price to goes up because we believe in bitcoin and we have high hopes in it.  It has been tested and proven that bitcoin is making a good profit and it is really worthy to invest with.  There were many times when it was hit with issues and it was banned in China.  The price of bitcoin drops a bit but after that it keeps on going up.  Comparing the price of bitcoin before and its current price now, there were times it went down but still, its price is high compared before.  We are holding our bitcoins because we trust it.

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October 24, 2017, 11:07:30 AM
 #1515

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People are holding bitcoin even in its critical situation because they know that it's price will grow big again. And really bitcoin is always growing and growing.
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October 24, 2017, 11:10:10 AM
 #1516

As we know that the Bitcoin Price Increasing very high. So this reason most of the people Hold it! As a Future investments.
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October 24, 2017, 11:18:28 AM
 #1517

People hold on to Bitcoin because of it universal acceptance and the value which is in Bitcoin. Many people believe that Blockchain is the future of business transaction because the decentralized tendency.
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October 24, 2017, 11:24:08 AM
 #1518

Maybe they wait until bitcoin prices increase steadily or higher. Besides the wrong reason to hold Bitcoin is they make an investment and will be taken sometime later

Pakboy
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October 24, 2017, 11:26:41 AM
 #1519

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
I think the main reason why people hold their bitcoin is because they know that the bitcoin will become more valuable in the future. I also hold my bitcoins for me to have a good future.

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October 24, 2017, 11:28:28 AM
 #1520

As we know that the Bitcoin Price Increasing very high. So this reason most of the people Hold it! As a Future investments.
I think that the main reason can be that bitcoin is the best currency which is providing too much good profit to people therefore people are holding bitcoin. in fact bitcoin has a very bright future.
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