Why people are holding Bitcoin?

[logicgate]

To make more money, Bitcoin will grow and who holds a good amount can make a good cash on it.

Yes you are right those people hold bitcoin for long term or shot term, the main reason is that they want to grow our money, and also nowadays the holders are know that time is very important to hold bitcoin because the day is not far that its price will be very high .

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[cafucafucafu]

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

People are now holding bitcoin since they see that bitcoin has the potential to become the currency of the future, and since a lot of them missed out on 2010 and buying bitcoin when it was only a couple of cents, they are trying to hold bitcoin now, and wait for it to rise up. Most people think that their is a huge chance that bitcoin will be in the 10s of thousands in a couple of years. Holding is usually stress free compared to the other options you have there like trading and investing in other alt coins in the cryptoworld. Holding bitcoin is one of the most easiest things to do by people.

[Amph]

is this even a question? isn't it obvious why they are holding, the past history tell you that there is a good reason to hold bitcoin, with what happened in the last months, with the last pump that brought bitcoin to a new ATH

with all the new adoption now bitcoin is strong than ever, if you are concerned about the upcoming possible split, you should not because it's not as big as people are making it

not sure if you noticed but after a bad news bitcoin become stronger than before, so seems that this bad news are only strengthening the value

[taqyah]

To wait for a high price, of course

[nelmari]

For the obvious reason of course. People are holding on to their Bitcoin even if the prices now are currently going down because if the price falls then surely it'll rise too. If you could look at Bitcoins price 4-5 years ago, the value of Bitcoin was low too but it got back up and skyrocketed at that time. So if ever the hard fork will happen and Bitcoin will split into two as what people are saying then it would be an advantage to those Bitcoin holders.

[BlackPanda]

People holding because they believe that bitcoin prices will increase. Some holding types are holding in a short period of time and also holding for long period of time. Holding actors usually have substantial capital, they bet and believe that bitcoin prices will increase and they can take advantage of the actions taken.

[piebeyb]

Not a critical issue, it just grew up and just speculation as a result of what will happen, I guess that does not make people panic about what will happen August 1, calm down that all will be good as long as all bitcoin holders follow the procedure.

[lfc_san]

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

In my opinion, I think almost people confident about rate of bitcoin can increase in future.

[speem28]

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

Becuase, even if there will be a big thing that is about to happen on August 1 and even if the price of bitcoin now is that low, they know that its price will rise after some time. They are holding on to their bitcoin until that moment. We should probably assume that the rise of bitcoin's price will definitely be bigger than the drop now.

[jerowacik]

Most people today sell their bitcoins. They are worried that bitcoin prices are declining. Maybe for some people who do holding are those who dare to take risks. They are confident that bitcoin prices may increase after August.

[DAVETUN]

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

Trust in the system over the few year,make people to keeo holding there BTC

[Przemax]

There are many reasons to hold to the bitcoins.

Some of them are:

1. Its rational. Bitcoin was growing constantly in the past.

2. Its a good way to save money away from the banks.

3. Its convenient way of coping with the volatility of the price. It does not matter if your bitcoin is worth more or less, as long as the price will be back to once it was or higher.

[Anegg]

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

Well people who trust in bitcoin and see that it has the potential to grow into something big. Why do people hold gold? Because it is an investment and they think that the value of gold will increase, which means profit and a good investment. Bitcoin is an investment and also a form of online money that can be spent.

[Ayiranorea]

Majority of the people sell their holdings. This is just because of the panic that's getting generated over the entire network based on the splitting of coins. Specifically the people who hold bitcoin expecting a big price increase were the one who trust that the splitting into chains won't affect the growth.

[NeilLostBitCoin]

Majority of the people sell their holdings. This is just because of the panic that's getting generated over the entire network based on the splitting of coins. Specifically the people who hold bitcoin expecting a big price increase were the one who trust that the splitting into chains won't affect the growth.

People have been panic selling their bitcoins because its value id at dump as of now. But, people should hold their bitcoins because the exchange value of bitcoin might get high compared to its value at the moment. If you want higher profit from the bitcoins that you are holding, hold it until you can because there is a great possibility that it will get high.

[Oceat]

Majority of the people sell their holdings. This is just because of the panic that's getting generated over the entire network based on the splitting of coins. Specifically the people who hold bitcoin expecting a big price increase were the one who trust that the splitting into chains won't affect the growth.

People have been panic selling their bitcoins because its value id at dump as of now. But, people should hold their bitcoins because the exchange value of bitcoin might get high compared to its value at the moment. If you want higher profit from the bitcoins that you are holding, hold it until you can because there is a great possibility that it will get high.

The prices may expected to go down again even if August 1st is not coming yet this may continue to go down a bit every single day as i have noticed. I don't know what will gonna happen to price of bitcoin if the Segwitx2 is being implemented, but i think it will gonna give a boost to the bitcoin price afterwards. This may be the number one reason why people are still holding their bitcoins, they were just waiting for the bounce back of the price.

[loopes]

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

Well people who trust in bitcoin and see that it has the potential to grow into something big. Why do people hold gold? Because it is an investment and they think that the value of gold will increase, which means profit and a good investment. Bitcoin is an investment and also a form of online money that can be spent.

i agree, people who put their trust into bitcoin will stay and keep hold bitcoin. but facing segregated witness (segwit) on 1 August later i think many of them decrease (just a part) and try to save thier money by stop holding. including people around me who hold bitcoin as investment getting to sell their bitcoin.

[warrior333]

Majority of the people sell their holdings. This is just because of the panic that's getting generated over the entire network based on the splitting of coins. Specifically the people who hold bitcoin expecting a big price increase were the one who trust that the splitting into chains won't affect the growth.

People have been panic selling their bitcoins because its value id at dump as of now. But, people should hold their bitcoins because the exchange value of bitcoin might get high compared to its value at the moment. If you want higher profit from the bitcoins that you are holding, hold it until you can because there is a great possibility that it will get high.

The prices may expected to go down again even if August 1st is not coming yet this may continue to go down a bit every single day as i have noticed. I don't know what will gonna happen to price of bitcoin if the Segwitx2 is being implemented, but i think it will gonna give a boost to the bitcoin price afterwards. This may be the number one reason why people are still holding their bitcoins, they were just waiting for the bounce back of the price.

Now there's no turning back. If August 1 is not that people do not so much trust bitcoin as before. The trust is broken. Now we need to go forward and if bitcoin change for the better the trust will recover quickly. What will happen if something goes wrong it is sad to imagine.

[dunfida]

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

Its easy to say for people to hold their bitcoin for longer periods of time. Yes,its volatile and prices would go in opposite way that we didn't expect but there are people who do love to risk no matter what since they do have high trust on bitcoin regarding with its potential for longer years to come. Price might go down but mostly it would really go up which would really give some decent profits for those who hold for long.

[dali_masmoudi]

People are thinking about making a wealth from Bitcoin because they failed making it in real life  
But Seriously, It is one of the most importants resources of money nowadays.
It is true that Bitcoin price can rise and fall every second but according to some stats, the rate of fall is negligible compared to the rate of rise.