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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)
Greybelly
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October 30, 2017, 09:16:00 AM
 #1661

Why people are holding bitcoins is because this is the easiest and fastest way to make a lot of bitcoin from it. That is because the bitcoin value is rising really fast right now and that is why people invest in bitcoin.
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October 30, 2017, 09:16:08 AM
 #1662

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

People are holding bitcoin because they are aware that bitcoin is really profitable and they have witnessed how bitcoin grew in the recent years. Bitcoin started with just less than a dollar and now it costs more than $6,000. A lot of people were able to gain a lot of income from it.

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October 30, 2017, 09:20:29 AM
 #1663

People are holding bitcoins because they see potential profit in it and they want to grab that profit and use the money for their future and some people even make bitcoin their job and use the money as their daily life income.
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October 30, 2017, 09:31:00 AM
 #1664

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

People are holding bitcoin because they are aware that bitcoin is really profitable and they have witnessed how bitcoin grew in the recent years. Bitcoin started with just less than a dollar and now it costs more than $6,000. A lot of people were able to gain a lot of income from it.

Yes, that is the only reason why they are holding otherwise they would immediately turn their coins to cash. They know that bitcoin is unstable so they take the risk.

It is actually a smart thing to do they see that it is now rising so they keep them. I also keep my coins in order to maximize my profit.
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October 30, 2017, 09:48:22 AM
 #1665

There are several categories of people holding bitcoins. The owner of a category is the miner. Miners may not rush to sell. The other kind of people may be speculators, who sell when they wait for the moon.
I think so.
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October 30, 2017, 10:01:43 AM
 #1666

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

People are holding bitcoin because they are aware that bitcoin is really profitable and they have witnessed how bitcoin grew in the recent years. Bitcoin started with just less than a dollar and now it costs more than $6,000. A lot of people were able to gain a lot of income from it.

Yes, that is the only reason why they are holding otherwise they would immediately turn their coins to cash. They know that bitcoin is unstable so they take the risk.

It is actually a smart thing to do they see that it is now rising so they keep them. I also keep my coins in order to maximize my profit.

This is actually one of the main reason why really someone holds bitcoins. They were anticipating the changes of bitcoin value(for the value of bitcoins was still on fluctuation up to now)and when the right time comes they would sell it at a high price thus yielding them a higher return of investment. And that's why traders take advantage of this changes



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Rainbot
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October 30, 2017, 10:14:16 AM
 #1667

They holding because they believe the bitcoin price will grow up, every time bitcoin drops the bitcoin price will increasing afterward. We make an investment for long term to gain higher profit
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October 30, 2017, 10:16:02 AM
 #1668

They are holding it to sell in their future because they believe that bitcoin can grow a lot and that is why they do not sell but hold for the time when they want to sell and they price they want to sell i am also holding till it becomes 10k.
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October 30, 2017, 10:18:09 AM
 #1669

Hoping to succeed and get a big profit, we all know that nowadays all eyes go bitcoin, everybody get big profit, today price increase reaches more than $ 300 and this is the reason for us to buy and hold bitcoin.

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October 30, 2017, 10:28:55 AM
 #1670

because sure in the increasingly modern and the development bitcoin will become the future trend and have a high selling price. you can see backward, first price of 1 bitcoin can only be in one pizza exchange but now see the exchange rate can to buy one motor unit expensive.

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October 30, 2017, 10:36:17 AM
 #1671

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

People are holding bitcoin because they are aware that bitcoin is really profitable and they have witnessed how bitcoin grew in the recent years. Bitcoin started with just less than a dollar and now it costs more than $6,000. A lot of people were able to gain a lot of income from it.

Yes, that is the only reason why they are holding otherwise they would immediately turn their coins to cash. They know that bitcoin is unstable so they take the risk.

It is actually a smart thing to do they see that it is now rising so they keep them. I also keep my coins in order to maximize my profit.

This is actually one of the main reason why really someone holds bitcoins. They were anticipating the changes of bitcoin value(for the value of bitcoins was still on fluctuation up to now)and when the right time comes they would sell it at a high price thus yielding them a higher return of investment. And that's why traders take advantage of this changes

I really agree with you, sooner or later everyone will switch to bitcoin where bitcoin will make it easier for someone who holds it for business dealings and Dll ...
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Djalal7310
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October 30, 2017, 10:59:53 AM
 #1672

I think why people hold bitcoins because they believe the bitcoin value will continue to rise

Now Bitcoin is a very valuable asset to gold

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October 30, 2017, 11:11:29 AM
 #1673

They are holding it, because they know that bitcoin will rise in the future so they will maximize their profit by doing this. It is actually a smart thing to do if you don't need the money that you have stored in your wallet. Simply let it there. Don't spend it, because in the future it will surely rise.
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October 30, 2017, 01:17:38 PM
 #1674

Quote
... the price fall is more than the rise

WRONG.
you need to look at the bigger picture.
right now you are just looking at a short period of time where bitcoin price has came down a little. if you look at a couple of months you can see a rise from ~$880 to $2900 and right now it is sitting between $2200-$2400.

even if it falls more it will still be much much higher than the couple of months ago.

with that said, did you get your answer to why people hold bitcoin

Many people are still hoping that the bitcoin price will rise up to the highest level. They have a mindset of the price of bitcoin is not yet over so there is something really changing it.
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October 30, 2017, 01:26:27 PM
 #1675

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

people hold bitcoin because they want to make a profit and do not want to sell when the price is low so they hold and wait

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October 30, 2017, 01:36:04 PM
 #1676

critical situation like what?
in bitcoin nothing critical situation i think, critical situation is when you dont have money and you need a lot of money in that time.
they hold for right prise. wait until they feel rich like "its time to release my bitcoin.
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October 30, 2017, 01:40:28 PM
 #1677

I think why people hold bitcoin today, because bitcoin prices will be very high in the future, and in the future it will be even harder to get them.
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October 30, 2017, 01:43:03 PM
 #1678

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Simple, they're waiting for that moment where they can cash out at a price that will give them huge profit. At current, bitcoin price has settled between 5900 and 6000. It seems the value will play at that rate for some time. But it will surely rise some time soon as bitcoin has gained that reputation.

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October 30, 2017, 01:50:53 PM
 #1679

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Simple, they're waiting for that moment where they can cash out at a price that will give them huge profit. At current, bitcoin price has settled between 5900 and 6000. It seems the value will play at that rate for some time. But it will surely rise some time soon as bitcoin has gained that reputation.

I hope that the prediction will really happen. Bitcoins value will reach $ 20k dollar from $ 10k dollar by next year 2018. They are all confident that this huge increase will happen so tighten you budget and hold more coins till it reach that enormous value.
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October 30, 2017, 02:32:03 PM
 #1680

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

people hold bitcoin because they want to make a profit and do not want to sell when the price is low so they hold and wait

Ita always about profit. People are even making loans just to buy bitcoin at it's current price to have bigger profits in a couple of years. We are now aware that bitcoin is real and it has value and holding it would rake in real money in the future

 
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