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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 58439 times)
BlockchainCoder
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November 06, 2017, 07:40:13 AM
 #1781

Now the price is stable at $7300, those who hold bitcoins for last few months are even better than print money.
I am only regret that I have been sold 1 coin at $4000 Cry Grin
Some guys said it will up to $16000 at end of next year, I trust it now.. Tongue Tongue

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Snyderfx2
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November 06, 2017, 07:44:59 AM
 #1782

On today btc has growing up badly .today rate is 7500$.so if someone took btc in lower rate ,now he can get profit .thats the main reason people hold btc.and other hand today people do many deals with btc .

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goku1525
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November 06, 2017, 07:46:27 AM
 #1783

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

they hold bitcoin because of the rising bitcoin price and they want more profit by holding it for longer
I agree,  That's the most common did of the bitcoin holders, the fact they hold it for very long years inorder to get more profits in the future. Bitcoin provides concrete proof not just wishful thinking. The person who bought Bitcoin a month ago and held it up until now has benefited from selling it now.
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November 06, 2017, 07:55:49 AM
 #1784

Bitcoin is big in demand day by day that why its price are rising very fast so only this hick is main reason for holding bitcoin we all work for profit and cash which we are getting in bitcoin so i think its only reason behind  holding it

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November 06, 2017, 08:01:44 AM
 #1785

because bitcoin will not be affected by any crisis, nobody can set the bitcoin price, this is a very awesome investment.
you can see a few months ago when the price of 1 BTC = 24 million in bitcoin prices decreased due to various issues, you can see currently almost touching 100 million = 1 BTC.
This is the reason why somebody keeps the bitcoin .

indriyanti
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November 06, 2017, 09:08:08 AM
 #1786

I think the reason people are holding their btc because it's price gets more and more expensive. They consider btc as a good investment so that they would like to keep it untill they get enought to sell it.
meyklove
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November 06, 2017, 09:18:24 AM
 #1787

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

People sees great potential in bitcoin and they are grabbing the opportunity to their hands.

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November 06, 2017, 09:25:45 AM
 #1788

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
simple answer. people just waiting for high price and sell bitcoin in high price to take more profit of this situation

and almost user of bitcoin use this way
Yes you are right because people want to get much profit from it. And they want to be rich from bitcoin.
Like me. I holding bitcoin for a long time because i want to be rich people from bitcoin  Grin Grin Grin
The other reason why people holding bitcoin because they know bitcoin has a good potential. And bitcoin is the best investment in the world. I think.

Of course they are holding it because they will get profit. No one will leave their coins without knowing that they get a profit. Everybody leaves it in their wallet hoping that the price is increases.

I as well hold my coins because i think some of of these coins have potential.
Xabad
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November 06, 2017, 09:29:17 AM
 #1789

People are hodling their bitcoin because most of them knows that bitcoin price will surely go up
in the next months. And the more coins that you have the higher profit you will get from it.
BTCwoker
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November 06, 2017, 09:29:49 AM
Last edit: November 06, 2017, 10:13:49 AM by BTCwoker
 #1790

People hold Bitcoin because of its price. Bitcoin's highest price provides it more protocol. As its price get higher people will adopt it more. As, you can join the discussion,http://btcwarriors.com/viewtopic.php?f=23&t=392&p=83143&hilit=bitcoin+price&sid=23300bf43977c47fbb131675af3da877#p83143  
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November 06, 2017, 09:43:09 AM
 #1791

to have free segwit
FrankGismoeas
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November 06, 2017, 09:45:15 AM
 #1792

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
simple answer. people just waiting for high price and sell bitcoin in high price to take more profit of this situation

and almost user of bitcoin use this way
Yes you are right because people want to get much profit from it. And they want to be rich from bitcoin.
Like me. I holding bitcoin for a long time because i want to be rich people from bitcoin  Grin Grin Grin
The other reason why people holding bitcoin because they know bitcoin has a good potential. And bitcoin is the best investment in the world. I think.

Of course they are holding it because they will get profit. No one will leave their coins without knowing that they get a profit. Everybody leaves it in their wallet hoping that the price is increases.

I as well hold my coins because i think some of of these coins have potential.
I agree with you we should believe in the coins we have and even if they make nothing of it you should just sell them and there are more ways then to buy other coins just earn them through airdrops campaigns and even bountys.
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November 06, 2017, 09:47:38 AM
 #1793

We know that Bitcoin price is increasing day by day.Now it is a huge amount of money.People hold this because of it's price.Naturally people want to profit by investing something.So Bitcoin is one of them.So people are holding Bitcoin

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sandos
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November 06, 2017, 09:55:30 AM
 #1794

This is a really easy question. Why should not people hold Bitcoin? It price increases every day, the more long time you wait, the more profit you get.

sumitmehra08
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November 06, 2017, 09:58:06 AM
 #1795

Think of bitcoin mining as gold mining. There's a limited amount of gold embedded in earth. The more you extract gold from earth, the harder and expensive it becomes to mine new gold. Hence its value increases everytime its gets mined. The same is with bitcoins. Satoshi Nakamoto, the creator of bitcoins, during the creation of bitcoins put a limit of 21 million i.e. only 21 million no. of bitcoins are present in this cryptocurrency which are expected to be all mined within 100 years from now. The more you mine bitcoins the  harder it gets to mine new bitcoins therefore resulting in its increased value. If one is investing $1000 in bitcoins after few years its value will become double.
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November 06, 2017, 10:02:17 AM
 #1796

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 know that bitcoins price will go back up more than how it has fall down. They get their confidence in holding from the history of trends in the bitcoin market and the upcoming events for bitcoin. Maybe they also believe in its system that it would be a good and reliable to invest and wait until it reaches higher value. There have been a lot of up and down in the market and we all know that bitcoin itself started from almost no value at all.

Edrian
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November 06, 2017, 10:04:41 AM
 #1797

Because it was an investment people want to make their bitcoin grow especially that the value of bitcoin is decreasing and increasing from time to time people love to take a risk because investment has a 50/50 chance to fail or to succeed. Anyway, for now, bitcoin value is rising I don't know for how long it will last. Another is if you think about the past when bitcoin is so cheap many people invest and become millionaires because they buy bitcoin at a low price until the value of bitcoin increase in a large amount. I think that's the reason why people holding their bitcoin for a long period of time.
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November 06, 2017, 10:06:07 AM
 #1798

just like me they want their investment to get big in value plus im also using bitcoin to buy my stuffs online and have my electronic load its good to hold bitcoin
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November 06, 2017, 10:20:27 AM
 #1799

At this point, bitcoin price is into an average of $7000, so I think it is still safe for us to hold bitcoin right now since it has a fast action these days, bitcoin price increase fast and still continue to increase which can attract a lot of investors. In my point of view, even if I am not an investor I can say that a lot of small investors are investing in bitcoin today because of its good price and they think that bitcoin will totally burst up to $10000.
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November 06, 2017, 10:21:41 AM
 #1800

People are holding bitcoins because they know that it can reach a big price and they want profit out if it that is why they are waiting because they do not think that it is very smart to sell them earlier and not make a lot.
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