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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)
princesspoppy
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December 14, 2017, 09:43:15 AM
 #2301

People are holding their bitcoins because they believe that in the coming future, its value will increased to double, triple or infinite. They are looking for  the right time when to sell their bitcoins and that time is when its value reaches people's goal profit.
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Neddie1908
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December 14, 2017, 09:47:29 AM
 #2302

People hold on to their bitcoin because they expect that the money that they invested on bitcoin would grow double or more than that. Sometime they wait till the expected amount they are looking for comes.

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December 14, 2017, 09:51:22 AM
 #2303

isn't it obvious that why people do hold because of the speculated price of coins will be a 6 digit in number USD to be exact in upcoming 2018.. and also because bitcoin is being assets for people who are literate in crypto currency..
or maybe they are investing in bitcoin so that they are holding it.. or either the price is low so they will hold it until the price go high again.. thats basically it why do people hold bitcoins . enjoy cryptos folks
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December 14, 2017, 10:01:45 AM
 #2304

People holding their bitcoin because they know that the price will increase day by day and they know that it will soon in a highest value.

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December 14, 2017, 10:25:21 AM
 #2305

Bitcoin is a great technology . As you have mentioned, masses are attracted by its decentralized and anonymity . This is the most intelligent thing to do for trading Altcoin . They know very well that it's a ever increasing coin . So, they remain cool and they just want to hold it in their wallets to sell in future at higher prices .
Yeah everyone is holding for the future sake bitcoin is a true surety to earn good piece of profit in the coming days for every investor and there is a possibility that it may give more than 100% profit to those who are holding their coins for more than year and practical example is here that people bought bitcoin at 950$ at the end of 2k16 and at present see the price is up to 17k they are millionaire now because of it.
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December 14, 2017, 10:31:52 AM
 #2306

Good thing about bitcoin is trade-able and will give you a good fortune after holding it for long term investment. This is the smartest way to invest because it moves faster and rapidly soar up while you are sitting pretty waiting for the right time to harvest its profit:)
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December 14, 2017, 10:40:46 AM
 #2307

There are mainly two reasons why I am holding on to my coins - the primary reason is that my coin holdings are too small to give me a sizable profit once it is sold. And the second reason is that I am optimistic about the future of Bitcoin.
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December 14, 2017, 10:45:38 AM
 #2308

I think people are holding bitcoin because Bitcoin price is rising steadily and people want to make more profit.
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December 14, 2017, 10:47:35 AM
 #2309

People are holding bitcoin beacause it makes a good profit. If you held some bitcoins a few months ago, its value would have increase multiple times. People are just taking advantage of the current opportunity to grow their money, and the rewards outweigh the risk.

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December 14, 2017, 10:52:54 AM
 #2310

Many people in america were save bitcoin for their retirement. Many people there are not doubt about bitcoin. It is wise to always hold bitcoin because it can be the best investment for our future. That is my best reason why I holding bitcoin.
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December 14, 2017, 12:01:54 PM
 #2311

People are holding bitcoin beacause it makes a good profit. If you held some bitcoins a few months ago, its value would have increase multiple times. People are just taking advantage of the current opportunity to grow their money, and the rewards outweigh the risk.



I totally agree. This is true most of the time. Which is pretty sad if you ask me. Since most of the people get into the crypto world because of the profit and not because of the solution it gives to various problems in this world. Which is why a lot does not know and doesn't even bother learning about how it works. This then results into people loosing money into scams, ponzis or being hacked. And then these people go and spit out shitty things about the crypto world because of their bad experiences being in it due to their carelessness and stupidity.

This happens everyday and is truly undeniable.
Unless people see crypto as something innovative and not just a mere source of profit, things will never change.

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December 14, 2017, 12:07:32 PM
 #2312

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

Simply because when you hold longer, you'll eventually gain more value for your bitcoins. More value = more profit. If immediately sell your bitcoins at first sight of profit, then you'll never get the maximum profit of each bitcoin. So holding and selling it on the correct price allows you to get the best amount of bitcoins.

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December 14, 2017, 12:47:07 PM
 #2313

Probably people keep it to pop a big profit than now they will have at the moment, at least I do so and other obvious reasons I do not notice
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December 14, 2017, 01:24:49 PM
 #2314

People are holding bitcoins because they have faith in its potential and they have a feeling that bitcoin can make them super rich in future as if you look at the history of bitcoins then you will clearly notice that price has always gone in higher direction since its inception and since the beginning of this year we have seen price moving in positive direction so people have faith that it will go much higher in next few years.
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December 14, 2017, 01:38:37 PM
 #2315

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

People do hold bitcoins because with the rapid increase in price they wanted to earn more profit with their investmens. People now a days are trying to research and know how invest in bitcoin and now the community are getting bigger and the demand as well. So thats why the bitcoin price value is increasing.

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December 14, 2017, 05:37:35 PM
 #2316

Interesting News:
A man has appeared in a New York court charged with robbing an acquaintance of his cryptocurrency hoard. Louis Meza allegedly had a gunman point a pistol at his friend’s head after luring him into a minivan and persuading him to part with his wallet seed. The offense, which is reported to have taken place on November 4, netted $1.8 million in cryptocurrency. 
More Information:
https://news.bitcoin.com/man-allegedly-kidnaps-friend-gunpoint-steals-1-8m-cryptocurrency/
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December 14, 2017, 05:39:12 PM
 #2317

Investment and in case of hardfork is the reason someone holds bitcoin and is not tempted to sell their bitcoin. now it may have a lot to but still menyimpanya
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December 14, 2017, 07:20:38 PM
 #2318

The main reason why people holding their bitcoins is definitely to gain a super profit. If you one of those who has been holding your bitcoin since this question appeared,  then now you are rich because today bitcoin costs very high.

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December 14, 2017, 07:34:09 PM
 #2319

Why people are holding Bitcoin?

Because they are waiting for the time that they can spend Bitcoin at any store just like they do fiat now.

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December 15, 2017, 05:20:36 AM
 #2320

People holding bitcoins with two reason. First reason is that they wait for bigger price (someone for 6 digit number) so they will get more profit when will sell it. Second reason is they waiting when will be able to spend bitcoins in store like we do with fiat now. I'm holding in because I'm waiting that our country government solve the tax about bitcoins.
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