Blessed1
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Activity: 3
Merit: 0
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July 25, 2017, 12:08:39 PM |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Since it's the very first digital currency being launched hence everyone feels that it has the cpacity to go beyond 3k+$, something which is even proposed by Goldmann Sachs. |
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hyunee
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July 25, 2017, 12:29:01 PM |
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Bitcoin rise and definitely will continue rising as time goes by. It will bring lots of benefits and will really help you a lot. It will be a great impact to our economy if we really give our attention to it.
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tianglistrik
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July 25, 2017, 01:21:44 PM |
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Because bitcoin has a high profit among other virtual money. So if someone holds bitcoin today at a low price. They will keep it for later and sell it when the price up.
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CryptonomyCapital
Member
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Activity: 86
Merit: 10
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July 25, 2017, 01:53:43 PM |
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I think, because soon bitcoin will replace gold, and will become an asset for savings.
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Christian13
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July 25, 2017, 01:59:43 PM |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Indeed. They hold their bitcoin to make a high income and I know they believe that the price of bitcoin will rapidly increase in the near future. In addition to that, holding of any altcoin and bitcoin is one of the ways to make and earn a high income even though you need to wait more time. Lastly, holding is one of the options if you really want to make a high income. |
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jatin729
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July 25, 2017, 02:13:36 PM |
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People hold bitcoin because bitcoin is very valuable. Digital currencies that value very much compared to our currency. Millions of people scooped up big leads by being investors in bitcoin.
people think that bitcoin price will rise that's why they are holding bitcoins. |
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karanggatak
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July 25, 2017, 02:25:50 PM |
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they hold to get high price when exchange it, because you know the price is not stable and they wait for high price. and may be they use for emergency situation. but holding is best choice for trading player
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Crafts12
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July 25, 2017, 02:27:20 PM |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
They are still holding their Bitcoin or their 'wealth' because they know that few weeks or days after the dipping, pumps will come to its place. They already experienced deflations and they always see the inflation after. They know that it is a part of Bitcoin's nature. They are awared on why the dipping happened, and they know that it will be normal again after a while. |
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Lomberjack
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July 25, 2017, 02:32:05 PM |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People tend to save or hold their bitcoins for a reason. It is because they are still expecting and having a trust in the progress of bitcoin before deciding on where to spend their bitcoin. Also with bitcoin, the capability of gaining more money than the usual is always visible due to the pumps and some dumps happening in bitcoin's price value. |
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roll on
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July 25, 2017, 02:45:36 PM |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Maybe it is because of the reason that they are awared of the Bitcoin's nature. They tend to hold their wealths because of their expectation on Bitcoin or its value. Bitcoin is still emerging, could also say that it is still a long way. Those who are holding their Bitcoin assumes that after years, the price of Bitcoin will be doubled or even multiply. Which is, based on the statistics, possible. They might say that why dipping occurs, and leads to panic selling. Those who holds know that after the dipping, a pump will happen. Due to the reason that it happened lots of times way back years ago. |
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Betwrong
Legendary
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Activity: 3262
Merit: 2144
I stand with Ukraine.
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July 25, 2017, 02:50:44 PM |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Since it's the very first digital currency being launched hence everyone feels that it has the cpacity to go beyond 3k+$, something which is even proposed by Goldmann Sachs. $3k+ is real in couple of weeks and we'll see maybe Bitcoin goes even much higher. Today's drop is created artificially by whales to buy more at the lowest price possible. If I was a whale I'd do the same, so I don't blame them for dumping. What is a really stupid thing to do is panic selling your coins now when the price is low. If you are not a whale, but just an average holder, do not do it, because later you will be able to buy only a fraction of what you sold for the same money. |
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19Nov16
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July 25, 2017, 03:15:34 PM |
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Because everyone is getting curious and feeling the benefits of bitcoin, maybe most people also like me, when bitcoin prices skyrocket and many media that preach bitcoin made me curious and finally interested in using bitcoin.
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ngerok
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July 25, 2017, 03:26:04 PM |
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I think, because soon bitcoin will replace gold, and will become an asset for savings.
How did it happen? Gold is real while Bitcoin not real, I think many people prefer gold than Bitcoin because gold is real. |
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justdimin
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July 25, 2017, 03:41:29 PM |
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people hold btc cause btc price regularly increase. other btc give good opportunity for earning. i tell don't hold btc you buy alt coin cause you can be double profit.
Then after that altcoin price will increase  . Holding bitcoin can be based on a variety of reasons, especially regarding the needs of users and their thinking about developing bitcoin trends, this pattern will automatically prevent the thought of selling and will affect the rise in bitcoin prices. Buy altcoin and develop in the trading market will eventually again be converted to bitcoin as long as there is no altcoin paired with fiat. This reaction causes why many people make bitcoin as the ultimate goal of conversion and continue to hold it. In the current scenario, people are holding their bitcoins just to enjoy great increase in their prices after the execution of Segwit. Everyone now have high hopes with bitcoins of becoming rich as bitcoins are already going back to the green area of the graph. Except for this, bitcoins are the leading coins, so people love to have bitcoins. |
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suryana
Sr. Member
Offline
Activity: 1218
Merit: 254
Trphy.io
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July 25, 2017, 08:34:52 PM |
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If me, hold bitcoin for investment reasons. Since bitcoin began to be accepted by some countries as a means of payment, i'm sure bitcoin deserves to be an investment choice.
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ProzCoin
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July 25, 2017, 09:00:03 PM |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Bitcoin price might goes down or increases. If I have a lot of bitcoin when its price increases I can earn a lot of money. You don't mind waiting if after waiting your money almost double. So it is not worthless. I am planning to hold bitcoin and wait for its price to rise. I think it is the wisest thing to do now if i earn bitcoin. True. First reason, they think that the price of Bitcoin will go up. Nowadays, nothing can stop Bitcoin to increase. Therefore, If they keep holding Bitcoin in their wallet, It will brings to them high profit. It's mean they will get a huge of money. Secondly, they are holding because they want to save for others huge purpose such as buy a car, a house, travel,... |
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Blackdeath
Sr. Member
Offline
Activity: 910
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
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July 25, 2017, 09:07:13 PM |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Bitcoin are being hold by many people due to the reason that it can provide income to support financial needs and at the same time, people trust bitcoin to uphold their money because bitcoin is making it possible for the money to grow with its large price pump and also bitcoin is widely proven and trusted that is why people are still holding into bitcoin because of its benefits and being true. |
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bitcointarget
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July 25, 2017, 09:13:55 PM |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Bitcoin are being hold by many people due to the reason that it can provide income to support financial needs and at the same time, people trust bitcoin to uphold their money because bitcoin is making it possible for the money to grow with its large price pump and also bitcoin is widely proven and trusted that is why people are still holding into bitcoin because of its benefits and being true. First we started to hold bitcoin to have extra income every month to do simple things. Then we discovered bitcoin can be used for more than this small income. We begin to hold it for the market value. That was my way. |
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planfox
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July 25, 2017, 09:20:05 PM |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Bitcoin are being hold by many people due to the reason that it can provide income to support financial needs and at the same time, people trust bitcoin to uphold their money because bitcoin is making it possible for the money to grow with its large price pump and also bitcoin is widely proven and trusted that is why people are still holding into bitcoin because of its benefits and being true. First we started to hold bitcoin to have extra income every month to do simple things. Then we discovered bitcoin can be used for more than this small income. We begin to hold it for the market value. That was my way. It was not only your path but also the path of many people who came to the crypto currency. Previously it seemed that bitcoin is a non-serious investment, and then you realize that investments in bitcoin can bring a very large income in a few years |
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HatakeKakashi
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July 25, 2017, 09:51:51 PM |
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People hold their bitcoin for the future purposes. Many people wait the price to increase more to make profit.like me I hold my bitcoin to make a lot of money. I will hold my bitcoin for few months or maybe few years. So its better to you also to hold your bitcoins so you can make profit in the future. Dont sell it even the date of august1. More bitcoin more profit to come.
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