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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)
Tadhana23
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November 16, 2017, 01:03:38 AM
 #1941

One of the main reason why people hold bitcoin is because the value of it is changing, different kind of coins or altcoins" . There are many times the people investing it and waiting for the highest price of the bitcoin that somebody have..

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November 16, 2017, 01:10:26 AM
 #1942

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

We are holding bitcoins because it will still pump so when it pumps the value of our holdings will also increases and that my friend is what you called an investment. Bitcoins have a value and increasing its value as time goes by and as they become more popular they become more expensive because no one are going to hold anything that are worthless or have no value. We are keep holding it because we wanted to be rich just like what happen to those people who become a millionaire by just hpldinh their bitcoins.
vandvl
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November 16, 2017, 02:45:35 AM
 #1943

why people holding bitcoin? it because we believe that bitcoin can survive in the future and the price is still raising and we will wait until he reach the maximum price before we sell..so that some of us holding bitcoin for future..
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November 16, 2017, 02:59:55 AM
 #1944

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

Because the market has continues up and downs, and people or: 1. look the highest price they can expect, to sell, or 2. Invested on cryptocurrency to save for the future, in that order to have money for their children, or for when they are older.
Invest on cryptocurrency has became a very rentally way to save and make profits of it, you may see so many success stories. Invest on projects like propthereum.io which are amazing to do it, because they use the second most important cryptocurrency: ethereum.
malourdesesmores07
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November 16, 2017, 04:40:56 AM
 #1945

They holding bitcoin because they are waiting for a high price or bigger exchange.
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November 16, 2017, 06:40:33 AM
 #1946

Because the price of it in the future will be more higher and has great value.  Smiley Smiley Smiley
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November 16, 2017, 07:04:42 AM
 #1947

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

Really depends on the situation they are in when they decide to hold. They're holding because of the price dip. Usually they don't sell bitcoins at a lower price than their investment because it would be a loss. Some are holding because the price will go up every minute. This ensures that when they sell their bitcoins, maximum profit is obtained. Another reason is that they don't have the need to let it go. Simple as that.

dvabit
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November 16, 2017, 07:07:12 AM
 #1948

The simple answer is Bitcoin value will increasing day by day.. 
Bitcoinismylife12345
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November 16, 2017, 10:22:26 AM
 #1949

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Because bitcoin price gets higher as the times goes by, it has ups and downs and all of us waits for bitcoin value to be greater. Investors hoping for the possibility that bitcoins price will increase and get a great profit from it.
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November 16, 2017, 10:31:18 AM
 #1950

Many people are holding bitcoins because they know that its way more profitable than selling it now. Many of them also buy it for to sell them when its high enough.

Nearly no one buys it for fun or as a payment method only hackers and scammers do this.
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November 16, 2017, 10:39:23 AM
 #1951

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

people withholding bitcoin may want a greater profit then sell it or price down so they hold the bitcoin until the price rises and avoids losses
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November 16, 2017, 01:59:23 PM
 #1952

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

Really depends on the situation they are in when they decide to hold. They're holding because of the price dip. Usually they don't sell bitcoins at a lower price than their investment because it would be a loss. Some are holding because the price will go up every minute. This ensures that when they sell their bitcoins, maximum profit is obtained. Another reason is that they don't have the need to let it go. Simple as that.
There are a lot of situations for the holders of bitcoin and that is true but one thing is very common for all of the holders of bitcoin is they believed that the price of bitcoin will go higher so they are not selling it and they are just holding bitcoin to not lose the opportunity to make a lot of profit in the future by just holding and having trust in bitcoin.
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November 16, 2017, 02:50:27 PM
 #1953

Many people hold the bitcoins because bitcoin's price will be more expensive in the future and it's more profitable than selling them. But we don't know the future of bitcoin. There's always a risk of holding bitcoin too long.
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November 16, 2017, 03:01:15 PM
 #1954

i think the answer is one because they want to sell it with the highest price, its mean that they want to get some profit from trading bitcoin. and maybe they want to use it with other reason like buying something with bitcoin, transfer money across the world with bitcoin or something elses

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November 16, 2017, 03:19:37 PM
 #1955

There are so many threads that can answer your question. For me I hold bitcoin, because I want to ear more I want to invest and keeps it grow, there times that Bitcoin are continue increasing, the more it increase the more it helps me that's why I hold bitcoin or rather I say I invest Bitcoin for my future needs. Good reasons why I hold bitcoin it helps me to provide my necessities, I can gain here in forum  a knowledge which I can use in my daily lives, I can share this to my friends and my family to help them.

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akihiro101117
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November 16, 2017, 03:22:01 PM
 #1956

unlike fiat, bitcoin is not subjected on inflation or deflation.

bitcoin has a maximum units unlike fiat.



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November 16, 2017, 05:27:35 PM
 #1957

Because People are always profitable from bitcoin for that peoples are holding bitcoin for long time. I always say bitcoin investment always profitable investment. Day by day bitcoin price increase, bitcoin user increase. Over the world accept it.

Investment, Business, Fast Transaction, Trading, Shopping, Buy-Sale,  Etc almost done by bitcoin. We need bitcoin to use for our daily life.
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November 16, 2017, 05:37:05 PM
 #1958

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

Because some people arent traders and are speculating on bitcoin looking to increase the value they spent on it. If you ask me that is reason enough because ask yourself why did you get into bitcoin anyways? $$ will be in

the top 3 no doubt like all of us.

smajler
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November 16, 2017, 05:47:36 PM
 #1959

People still holding BTC becouse they treat it as an investment. Additionally there are many advantages to using the technology blockchain.

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November 16, 2017, 05:51:26 PM
 #1960

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