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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)
spartan82
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November 16, 2017, 06:42:32 PM
 #1961

Most of the people know the bitcoin prices information and gather for the future investment. Bitcoin prices change day by day so people hold the bitcoin for the future growth and invest the business process. So most of the people need more benefit for the future improvement.
Bitcoin is future currency. Most of the people like to us the bitcoin for the save to business process.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Lannie25
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November 16, 2017, 06:43:20 PM
 #1962

people holding bitcoins or altcoin its a simple because they believe bitcoin and altcoins is a promising coin and they know will increase the value in the future that's all
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November 16, 2017, 06:45:02 PM
 #1963

people holding bitcoin because they want a huge massive income of money they know or pro traders know bitcoin have a huge potentials to increase bitcoin price so they hold there bitcoins
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November 16, 2017, 06:52:55 PM
 #1964

people holding bitcoins or altcoin its a simple because they believe bitcoin and altcoins is a promising coin and they know will increase the value in the future that's all
There is no other reason than money, unlike the relatively stable gold. If you have bitcoin or altcoin then it is possible that your assets will increase by a few percent or more.
everyone knows about it, and starts holding Bitcoin and other Altcoin until he's really getting rich.

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chickenfried12
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November 16, 2017, 06:53:48 PM
 #1965

we have got  lot of reason to hold bitcoin nowadays. It is because bitcoin is unpredictable most of the time bitcoin increasing its value. Some keeping bitcoin for personal purposes or maybe for future purposes
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November 16, 2017, 06:54:33 PM
 #1966

people holding bitcoin because they want a huge massive income of money they know or pro traders know bitcoin have a huge potentials to increase bitcoin price so they hold there bitcoins

Yup holding bitcoins is the best way to make massive profits in future as the price of bitcoins is increasing on timely basis and if you can afford to hold your coins longer then you will be surely making best profits from it and for the same reason people are holding their coins and not spending it at a moment as they are aware about the potential of bitcoins that it can reach to the moon in future and that would be the perfect time to sell their bitcoins in order to make higher profits.
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November 16, 2017, 06:56:11 PM
 #1967

I think if they hold it longer maybe the price of bitcoin will increase. When you look to coinmarket.com you can see that on the timeline that bitcoin is rising. So think most of the people here.

Are just holding it to get more money. When they hold it and bitcoin rises they are making even more money !
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November 16, 2017, 07:10:33 PM
 #1968

why people giving more importance to BCH ? even that bitcoin on NO #1
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November 16, 2017, 07:18:12 PM
 #1969

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Hold it is a good choice when you believe in your choice and believe in the future of bitcoin.

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November 16, 2017, 07:20:28 PM
 #1970

People hold bitcoins as they believe the price will increase, if they dump on a downturn they may to buy back at a higher price if they sell at the bottom and so it is easier just to hold for the long term and near as guarantee a profit

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November 16, 2017, 07:29:58 PM
 #1971

The fact that by holding their Bitcoin's for a longer duration they can earn more profits compel them to hold their Bitcoin's even in a critical situation.They know that the price will rise and by selling there bitcoin's in critical situations they will only went through loss ,so that's why instead of selling them they keep on holding .

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November 16, 2017, 07:35:18 PM
 #1972

Bitcoin creates a big trust for people that it will go up in the future. And many people have trusted that. In my opinion, although Bitcoin is the first crypto, it has still many disadvantages to repaired. If not, it will die soon.

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November 16, 2017, 07:43:09 PM
 #1973

Bitcoin is a first decentralized virtual currency. It would have been accepted by many countries for their trading purpose. People buy bitcoins while its price low and hold it for right to sell. In future surely there will be a very big growth in bitcoin price.

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November 16, 2017, 11:44:41 PM
 #1974

Why people are holding bitcoins is very simple, take a look at this article https://www.coindesk.com/survey-plurality-of-bitcoin-users-think-it-can-change-world/amp/ . Do you understand now? People are holding bitcoin because they don't wish to sell it now for some couple thousand dollars, they wait until price reach some incredible heights. I was commenting one topic today and now I read this article and I get it that I needed 2 years to figure it out and start trusting more in bitcoins. People will hold bitcoin as long as there is a chance for 1 btc to cost a lot, who is rich will become more richer but there is a chance for more people to join while its not late, buy and hold some part and one day you will understand why bitcoin holding is so good.

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November 17, 2017, 12:06:12 AM
 #1975

Hoping to become cryptonaires! #to the moon
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November 17, 2017, 06:01:31 AM
 #1976

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

Of course, holding is for a good reason. A good reason that they are expecting too much in with bitcoin. First, expecting the price to goes up. They are waiting to increase the price of bitcoin for a long time because soon, the bitcoin that they are holding could possibly earn a lot of profit. Holding is the term use to increase you savings.
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November 17, 2017, 06:15:11 AM
 #1977

Ronnie Moas is ultra-bullish about Bitcoin's potential in the long-term and believes that it will rival gold one day. He has predicted that its price will cross $20,000 in three years time and $50,000 in 10 years time.

Given the current bull run of Bitcoin, he might even shorten the time frame projected for Bitcoin to reach those levels.

While Apple might be the company with the highest market capitalization and whose value is reaching record levels each day, Ronnie believes that Bitcoin will overtake Apple in just five years.
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November 17, 2017, 06:24:45 AM
 #1978

Many people surprise to the price of the bitcoin that is continuing to grow. I think it can be the reason why many people is holding their bitcoin. I also holding my bitcoin because I know that I can make more profit in the future if I hold my bitcoin.

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November 17, 2017, 03:03:17 PM
 #1979

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November 17, 2017, 03:15:40 PM
 #1980

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

Because they are hoping that the value will increase to 1000% in 4 years this is why and also they are taking the risk waiting for that without any assurance.

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