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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 58442 times)
mwsind
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November 07, 2017, 03:50:26 AM
 #1821

because bitcoin value is growing very fast. bitcoin is good for investment but many people sell bitcoin bitcoin is available in market if you want to want to purchase and hold bitcoin you can do it.
Kisanaq
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November 07, 2017, 05:07:52 AM
 #1822

I'm holding bitcoin because bitcoin is the future of the financial system, now many problems are found when trading using fiat money especially if trade is done different country, with bitcoin then everything becomes safer and easier.
dvillier
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November 07, 2017, 05:14:47 AM
 #1823

I'm holding bitcoin because bitcoin is the future of the financial system, now many problems are found when trading using fiat money especially if trade is done different country, with bitcoin then everything becomes safer and easier.
because the rate of bitcoin is increasing very quickly with time and also if you want to save your money then its good decision that to buy some BTC and hold them so through this way your money will be safe and also increasing with time and if you want to cash it then also that is no problem you can cash it anytime in your currency.
EXITCORNER
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November 07, 2017, 05:32:08 AM
 #1824

people want to hold bitcoin because they know that bitcoin price will rise in the future
fun fact only btc can rise the price in 1 year more than 300%+ CMIIW
it is very good long-term investment.
jilani
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November 07, 2017, 05:40:44 AM
 #1825

Last two week most of the Bitcoin fan hold Bitcoin because hard fork is running.Bitcoin price big raising in this time now it's time is perfect to sell Bitcoin.Because Bitcoin fall down $7200.I got 800$ profit for hold Bitcoin.
aleksabat
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November 07, 2017, 05:42:52 AM
 #1826

Because they are waiting for the growth of it. And as i think they are right to keep it. Just look at the graphics!

jilani
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November 07, 2017, 05:55:26 AM
 #1827

Because they are waiting for the growth of it. And as i think they are right to keep it. Just look at the graphics!
yes but within two weeks got huge profit all bitcoin holder because bitcoin rate rapidly raising.But now i try to sell my btc already 250$+ reduce in few hours so this time is best for sell.
whoisyourking
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November 07, 2017, 06:15:41 AM
 #1828

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

They are making profit out of it. it is the same as why you are in a business for the first time even though you dont know what will happen to your business in the future  it is like taking the risk and do investment. same manner but not the same environment.
adsdas
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November 07, 2017, 06:31:46 AM
 #1829

Maybe Bitcoin will fluctuate after the fork. But I think that it still continues rising in long-term. On the other hand, maybe, some small investors will choose new tokens to get much profit rather than Bitcoin

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hilda483
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November 07, 2017, 06:33:01 AM
 #1830

Maybe Bitcoin will fluctuate after the fork. But I think that it still continues rising in long-term. On the other hand, maybe, some small investors will choose new tokens to get much profit rather than Bitcoin

I agree with you, on the long term Bitcoin is going to rock! I look forward to that long term .Smiley

Jake052478
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November 07, 2017, 06:39:27 AM
 #1831

The continuous rise of its price is the reason people or investors are holding them.  The popularity of Bitcoins this past day keeps on rising and no wonder people will get hold of it until the forecast in its value will eventually decrease.  This time, they will sell like hotcakes in the market.  The increase of its usability and popularity makes it more valuable these days so wondering why? this is the reason...
tarek7988
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November 07, 2017, 06:54:52 AM
 #1832

I think many people hold the bitcoins because bitcoin's price will be more expensive in the future,
bitcoins be considered as new digital gold and digital asset, bitcoins can protect their whealty from inflation
so they hold bitcoins for long time. Or They are holding bitcoin for one simple reason : the price's rising with time. The Bitcoin price is expected to increase and going to moon within few years most likely, and it will be the best opportunity for the holders to create wealths this way.
Tanmoy98
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November 07, 2017, 06:59:36 AM
 #1833

people are holding  Bitcoin because the price of Bitcoin is increasing day by day. It is predicted that the price of Bitcoin will reach  $10000 in near December.
timcheerful1
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November 07, 2017, 07:44:33 AM
 #1834

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
I think many people hold the bitcoins because bitcoin's price will be more expensive in the future,
bitcoins be considered as new digital gold and digital asset, bitcoins can protect their whealty from inflation
so they hold bitcoins for long time.

Yes I support your opinion, it digital gold and price we be more expensive in future also protected wealth from been inflation
putrii
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November 07, 2017, 07:51:07 AM
 #1835

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

there are so many people who hold bitcoin because bitcoin is very limited if counted from all the total people in this world in comparison with bitcoin availability then bitcoin less, bitcoin will be more expensive if demand in the market is higher.
mammoniter
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November 07, 2017, 08:20:35 AM
 #1836

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

You need to study better. The rise is DEFINITELY and obviously bigger than the drop.

What makes people hold bitcoin? Uh.. not sure.. maybe because bitcoin is the most tried and tested cryptocurrency as of now.. and maybe because bitcoin is always the crypto that receives media attention.. not sure though. /s

They know its potential to grow in value in the market and has become quite stable in terms of increasing value ever since it existed plus nowadays it is clearly observable that more and more services and goods are becoming available for bitcoin plus the amount of investors and companies are also increasing backing up the flourishing market of bitcoin so its obvious that hold is the best option now in when it comes to investing to bitcoins.

Yudam
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November 07, 2017, 03:08:56 PM
 #1837

Maybe Bitcoin will fluctuate after the fork. But I think that it still continues rising in long-term. On the other hand, maybe, some small investors will choose new tokens to get much profit rather than Bitcoin

I agree with you, on the long term Bitcoin is going to rock! I look forward to that long term .Smiley

Yes we are all waiting for it to happen in the future, and Bitcoin has a very fast development. It must have an impact on the other coin` Grin Grin

Imperalta09
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November 07, 2017, 03:16:46 PM
 #1838

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


That's right.
Any change in the value of bitcoin is something but in the long run bitcoins value will rise inevitably.
Because as we all know bitcoin is mined by super computers, something like that and as times go by less bitcoin is mined at the same rate and it will come to its limit of acquiring all bitcoin.
By the law of reason and logic bitcoin will be and is like gold.
sneeze11
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November 07, 2017, 03:20:31 PM
 #1839

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



For me I think that people are holding their Bitcoin because they want to use it when there's an emergency. They're waiting for the price of it to get higher and higher so that if the emergency came they have a income because of bitcoin. That's the reason I think so that they are holding their bitcoin.
barabut
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November 07, 2017, 03:21:30 PM
 #1840

People who are still holding bitcoin that has so many bitcoins but a small investors choose to sell it around these prices before the fork
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