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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)
coinfinger
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December 08, 2017, 09:33:15 PM
 #2221

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

They hild butcoin because everyday the price of bitcoin keeps changing. It is either rising or falling. They wait the chance that the bitcoin value get increasing so in that way they can still earn more. Un that they can more money for their future.
In my opinion what makes the people to hold bitcoin is the demand, the more the demand increases the more will its worth rise. People are favoring bitcoin due to the fact that it is easy and simple to be used and  is giving all good chances to make present better and future secure, the bitcoin is giving promising projects and an easy way of becoming rich in very short time
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Skieleton
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December 08, 2017, 10:03:22 PM
 #2222

Currently, a lot of people sell BTC due to the high price. You can increase 4x money for this moment. But of course it is worth keeping BTC Smiley.
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December 08, 2017, 10:13:26 PM
 #2223

sometime you need hold for all coin (not just bitcoin) to sell in high price, wait until the price is right for me, and get more profit for me.
and im holding not for long time, i release it if i need to fulfill my need. but until now i have many coin in my wallet, wait for best price.
for trader, they will play their role. sell and buy in short time, getting profit in short time. but you need to look at screen everytime.
for investor, they will keep their coin for long time. and wish that coin price will grow in future
dongosquad
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December 08, 2017, 10:56:14 PM
 #2224

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
although bitcoin prices are unstable, but when viewed on a distant scale, bitcoin prices tend to rise. and look at bitcoin prices in the month of December, and compare the bitcoin price in July when you created this topic. has gone up how many times? is not this very profitable for the patient and save bitcoinnya even if the price is not stable?

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moli1
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December 09, 2017, 09:50:00 AM
 #2225

So I have finally decided to buy some bitcoin...
Get ready for the market to crash.. Cheesy  Cheesy
Cangkeman Wae
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December 09, 2017, 10:29:20 AM
 #2226

Because bitcoin holding is a very lucrative investment even in a short time, we all know that the rise in bitcoin prices can reach over 100% in no more than a month.
caraltu
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December 09, 2017, 10:31:52 AM
 #2227

Since its price gets higher continuously people keep their bitcoin. If btc gets down critically people may consider to sell it.
James Messy
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December 09, 2017, 10:37:22 AM
 #2228

At this point people are holding Bitcoin for profit
szpalata
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December 09, 2017, 10:59:47 AM
 #2229

Because bitcoin holding is a very lucrative investment even in a short time, we all know that the rise in bitcoin prices can reach over 100% in no more than a month.

Yes, i also hold for the same reason, to profit in the short to medium to long term because there is  no better investment currently than bitcoin and i think its best if you can hold it for at least a year or more.
yvonnegalvan
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December 09, 2017, 11:04:03 AM
 #2230

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

I think people are holding bitcoin because, someday there is possibility that the price of bitcoin will increase and much better if you will hold it until the bitcoin will increase it's price. If i have bitcoin i'd rather hold my bitcoin to wait for the increasing of bitcoin, because if bitcoin increase it's price it will help me to my financial problem.
Ourat
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December 09, 2017, 11:09:48 AM
 #2231

Because of how to get a bitcoin that is quite easy to do and bitcoin prices every day is increasingly crazy. There may be many people who make bitcoin as the main source of search, but many also just make bitcoin as a side job
duyduc256
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December 09, 2017, 11:16:06 AM
 #2232

For me people will keep Bitcoin more because there is a lot of possibility Bitcoin will reach $ 100,000 in 2018 and the dominance of BTC is not over yet. I think people should invest at this time because BTC is about to be listed on the stock exchange
princessfalcon
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December 09, 2017, 12:37:49 PM
 #2233

i believe simpy beause ederal government can't control bitcoin so that they attempt to stop bitcoin by banning bitcoin.Perhaps federal government creates a law for bitcoin in the future.lcf
loof99
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December 09, 2017, 07:21:41 PM
 #2234

Holding bitcoin is a nice strategy that every investor made. By the mere fact of holding it they generate more income since the value of bitcoin continuously increases.
Because of this opportunities they can get more money in return
musaonliner
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December 09, 2017, 07:35:23 PM
 #2235

people looking now bitcoin price and they already know and see that bitcoin price is rapidly increase!  and that's why people  guess bitcoin will be go more to more high.and they guess it will be go very soon touch 20k$. that's why they are holding bitcoin.

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USScrypto
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December 09, 2017, 08:09:57 PM
 #2236

U are completly wrong just 7 weeks ago Btc was 4.8k dollar now is 15k, I think u saw wrong table chart of something. Btc always was increasin just some big dump was at 2013.
The Monkey King
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December 09, 2017, 08:13:43 PM
 #2237

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

In my own perspective people holds bitcoin because bitcoin keeps on increasing each of the day so in that case thet can get a benefits. They can earn also because once the bitcoin value increase there bitcoin on their wallet will increase. Thwrwfore they shoose to hold their bitcoin.
kangjiasg
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December 09, 2017, 08:17:52 PM
 #2238

People are holding bitcoin after going through this one month. The potential that 1 bitcoin may price at 50k, 100k or even more. No one knows the future and it is up to each individual to make their own decision. But I must say the price is really crazy these days.

Superzpay
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December 10, 2017, 08:46:59 PM
 #2239

Someone keep btc for profit, someone keep the future, some people fear the crisis $ devaluation ... so bitcoin will be a complete choice for them, can trade many countries, Useful quick.
You are right the bitcoin is not the one reason for the holding of the bitcoin but it has a lot of the reasons as in the start the bitcoin was not very famous but as the time passed the bitcoin has increased the income for the investors and this is the reason why the bitcoin is very famous now, all the people are investing because of the increasing strategy and the value of the bitcoin, the best and the important reason is the price of the btiocin.
rangga28
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December 11, 2017, 01:20:31 PM
 #2240

Why people are holding Bitcoin because people believe that bitcoin will always rise in price and that's been proven.just like gold Wink

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