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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 58435 times)
dfox101
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August 17, 2017, 04:14:58 AM
 #681

People hold bitcoin the same way as they hold gold. The bitcoin represent values. It grows over time.
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Kuchiyose
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August 17, 2017, 04:17:44 AM
 #682

People hold bitcoin the same way as they hold gold. The bitcoin represent values. It grows over time.

That's right, Day by day bitcoin is growing at an increasingly high price every year.
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August 17, 2017, 04:32:05 AM
 #683

People think that Bitcoin will soon be 10k or 15k. So that would be good profit.So people are holding their Bitcoin.
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August 17, 2017, 05:21:29 AM
 #684

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
they hold bitcoin for long term even you can see the price is already higher there still a lot of room for the price to get even higher
More users wants to hold their bitcoin because they they want to sell their bitcoin in higher price. However sometimes due to greediness instead of profit they earn lost. For now I think holding bitcoin is an option that we select depends on our will.
yeah i agree with you, in the other hand some people buy and hold their btc for the future investement. they are sure that bitcoin will have a great price int the future.
That's true, even I, I assume that bitcoin price will increase in the future. I am also holding some of my btc right now waiting for the right time to withdraw.
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August 17, 2017, 05:27:24 AM
 #685

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
It's all abouy income/profit. Since the bitcoin price is not stable the chances to make a huge profit is possible. They hold a bitcoin because they wait the right time for the better price. All of bitcoin user who save bitcoin is for future purpose and if we observed the past of bitcoin is a small dot but every year of become popular this, it slowly aim their goal.

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August 17, 2017, 05:29:39 AM
 #686

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

It is faith they have a high faith for this currency which is called currency of this future which is base on digital services which is faster and easier to use soon.
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August 17, 2017, 05:35:09 AM
 #687

People are holding Bitcoin because they know all too well that price dump is very temporary. Actually the overall movement of BTC is still upwards. So there is no need to dump one's BTC simply because there is a little turbulence happening. And they proved to be right, isn't it? After a little dip, a huge step upward is expected almost right after.

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August 17, 2017, 05:55:02 AM
 #688

hmm, i think people holding bitcoin for investments? or maybe they do some trading or something like that?
maybe they use bitcoin to receive and send money with their business partner?

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August 17, 2017, 06:35:23 AM
 #689

I think they hold their bitcoin because the price is not good enough to sell? Or it's not the right time for them, and selling it won't gain them any profit at all?

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August 17, 2017, 06:48:36 AM
 #690

simple cause we think bitcoin price will go higher and higher .
bitcoin it's like investment and for future

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August 17, 2017, 07:15:28 AM
 #691

is really up to individual perspective of this investment.
is all about the value of bc.
I hold on it, cause i feel it will still be going strong.
some people let it off because they feel uncertain.
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August 17, 2017, 07:33:57 AM
 #692

people are holding Bitcoin because they saw Bitcoin transactions by volume growing daily and increasingly users Bitcoin abounded and the amount of the limited supply of Bitcoin and they think that someday the price Bitcoin will continue to rise.
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August 17, 2017, 07:44:37 AM
 #693

The reason to hold bitcoin is very simple: because you have a dream.
The dream of financial freedom.
Many of us here secretly think that in a few years even a small amount of bitcoin will be enough to have enough money for the rest of the life.
There are these prediction that the price for one bitcoin can reach 100K within the next decade. And one decade, that is a time span many of us can wait.
That is the motivation to keep your coins.

  It's me!!!
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August 17, 2017, 07:47:06 AM
 #694

people are holding Bitcoin because they saw Bitcoin transactions by volume growing daily and increasingly users Bitcoin abounded and the amount of the limited supply of Bitcoin and they think that someday the price Bitcoin will continue to rise.
Bitcoin prices potentially rise because of the demand is always increasing. Wide-scale adoption of bitcoin is true, many countries in the world begin to accept this coin. For example Denmark is a country which push towards eliminating cash in favor in favor of 100% digital currency. So people are sure that Bitcoin prices will rise so they hold it.
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August 17, 2017, 08:30:27 AM
 #695

Bitcoin are succesfully coin  and its gold.Bitcoin price increase day by day.You know that bitcoin price jun only 2000+usd after the end of month its increased 3000+usd and this month its price now 4000+ usd.So i think if anyone know about bitcoin he or she oviusly hold this coin for her/his future .For last three month bitcoin price increased 1000 usd per month.bitcoin hold small risk other alt coin because nobody can saw bitcoin dump .So i suggest to u hold your bitcoin.

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August 17, 2017, 08:46:23 AM
 #696

The reason why people are holding Bitcoin because they are waiting the time where bitcoin price will increase. They want to sell their bitcoin in high prices.
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August 17, 2017, 10:08:52 AM
 #697

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
the reason is simple. people are expecting their investments to grow and are waiting for a good increase in price. i think the price will grow higher and higher then.

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August 17, 2017, 10:16:48 AM
 #698

People keep bitcoin because they saw someone get rich in this way or watch the price increase despite the bad news. Bitcoin gives people hope to improve their financial situation.

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August 17, 2017, 10:44:31 AM
 #699

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
the reason is simple. people are expecting their investments to grow and are waiting for a good increase in price. i think the price will grow higher and higher then.
This is the basic reason make most investor holding Bitcoin, however still have many people want saving their money in Bitcoin because they don't trust banks or don't like Gold, the volatility and potential of Bitcoin make them interested.


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August 17, 2017, 12:30:22 PM
 #700

I think that nobody is shock now every time we see Bitcoin rise and fall because we all know that it is a decentralized currency. What I mean about that is without any government controlling its price we are now at the mercy of the big players in which they are the deciding factor for the price. Also Bitcoin which frequently fluctuates in price is not a bad thing at all because we can take advantage of buying Bitcoin every time it becomes cheaper compared to when you have bought it.
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