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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)
TheGreatPython
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August 25, 2017, 12:47:05 PM
 #901

The investment prospect it has is the reason why people hold bitcoin. It can be held for long and then you would double the value of it when exchanged, it is like a short term form of making big money

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August 25, 2017, 12:56:45 PM
 #902

People are holding bitcoin because it's a good investment and most of them are expecting that bitcoin will rise and reach $5000 at the end of this year. What more in the future? It's a good investe and expecting to continue grow.

I also hope for this year bitcoin will rise to $ 5000 Wink
and the more the year will increase the price increase.
From the beginning of the bitcoin into the world the growth is experienced. This gives the user an trust that the growth continues for a longer time period. Based on this reality people continue to hold bitcoin expecting bigger profits after years.
Yes because they are now experience the profit in bitcoin on which they are earn a profit by just holding it and knowing that bitcoin have a big opportunity in the future.
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August 25, 2017, 01:11:28 PM
 #903

They hold Bitcoin for a variety of reasons, but the main reason is because they believe that Bitcoin prices will soar, and are at the top of the highest price, let alone with the issue of Bitcoin prices reaching 100 million, so they can exchange it for a very high nominal.

Yup, one of the most important thing many people hold bitcoin is because it has in it and contained many benefits. Because if we understand how bitcoin works, it is certain that everything will work well and benefit us. Need to know also that bitcoin now has many projects and also many people start using it, so it will definitely have a high price. So all have the same principle that wants to get bigger profit. So, everything must be done well and consistently and patience
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August 25, 2017, 01:16:28 PM
 #904

The investment prospect it has is the reason why people hold bitcoin. It can be held for long and then you would double the value of it when exchanged, it is like a short term form of making big money

People who haven't understood that bitcoin is a currency do that. I'm holding because one day bitcoin will be used as a payment for everything and that day the price of 1 bitcoin will be so high that I will not be able to buy it.

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August 25, 2017, 01:38:54 PM
 #905

People are holding bitcoin because it's a good investment and most of them are expecting that bitcoin will rise and reach $5000 at the end of this year. What more in the future? It's a good investe and expecting to continue grow.

I also hope for this year bitcoin will rise to $ 5000 Wink
and the more the year will increase the price increase.

Well, everyone is anticipating that to happen.
Bitcoin is very unpredictable, that's why many are taking risk in holding this.
That's why many are believing and trusting bitcoin that soon it will take us to the moon.
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August 25, 2017, 01:49:04 PM
 #906

The investment prospect it has is the reason why people hold bitcoin. It can be held for long and then you would double the value of it when exchanged, it is like a short term form of making big money

People who haven't understood that bitcoin is a currency do that. I'm holding because one day bitcoin will be used as a payment for everything and that day the price of 1 bitcoin will be so high that I will not be able to buy it.
In fact, the price of bitcoin doesn't matter. You can always buy yourself some Satoshi. The main thing is your desire. But I agree with you that there is no opportunity to find work with paying in bitcoins. This makes it impossible to develop the market and inhibits the proliferation of bitcoin.
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August 25, 2017, 02:27:20 PM
 #907

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Basically that is because the bitcoin is a promising one. And the bitcoin is a digital currency that have a limited supply only. so that, the bitcoin is a very good investment because the price of it will always go up because the demand of the people to it are increasing day by day. Bitcoin is a very promising currency so many people are trusting it.

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August 25, 2017, 02:36:23 PM
 #908

I think many individuals hold the bitcoins in light of the fact that bitcoin's cost will be more costly later on,
bitcoins be considered as new computerized gold and advanced resource, bitcoins can shield their whealthy from expansion
so they hold bitcoins for long time. you have to take a gander at the master plan.
at the present time you are quite recently taking a gander at a brief time frame where bitcoin cost has descended a bit. on the off chance that you take a gander at two or three months you can see an ascent from ~$880 to $2900 and at this moment it is sitting between $2200-$2400.
regardless of the possibility that it falls more it will at present be a whole lot higher than the couple of months prior
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August 25, 2017, 05:18:35 PM
 #909

Yup because people want a good and high profit or income they all want that. So people earn their bitcoin for their future money becuase they are waiting for the rght time that the value of bitcoin is very high and they want a high profit .
of course, its mean bitcoin become investment in the future. because the value of bitcoin growth every time. this time to buy some bitcoin and hold them in the future
the price of the bitcoin is increasing  and it is making the future of the bitcoin more secure and save it is the main reason why a lot of people are holding their bitcoin and they want to earn a lot of money, a lot of people like me are dreaming to get rich as soon as possible so keeping bitcoin secure for long time is no doubt beneficial it could be the main reason behind holding bitcoin for long time.

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August 25, 2017, 05:37:36 PM
 #910

People are holding bitcoin because it's a good investment and most of them are expecting that bitcoin will rise and reach $5000 at the end of this year. What more in the future? It's a good investment and expecting to continue grow.
I am agreed with you.Most of the people bitcoin holding because of the price/value.Bitcoin price is increasing daily.So most of the people think the price of bitcoin will raised more and more in next few months and after one years or two years it will be 2x or more .so why most of the people like to hold bitcoin.
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August 25, 2017, 05:39:56 PM
 #911

Due to rapid increase of bitcoin value people are holding bitcoin for capital gains.

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August 25, 2017, 05:51:03 PM
 #912

The first and foremost thing to notice with your query is the price of Bitcoin itself which is unstable and can be moved anywhere. Bitcoins are depreciating in their own values (Eg.: 1 BTC will never be 1 BTC after 21 mln gets mined because so many coins have already been burned before) as well as such lack of number of coins will help inflate and boost the economy by fluctuating the values above only and as theory says, if demand is too much against supply then it's better to hold more because that thing will become extremely valuable in the very near future which is why everyone asks to hodl bitcoins.
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August 25, 2017, 06:51:24 PM
 #913

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
i think because wanna more profit or invesment in future.. few people hold bitcoin for waiting moment so sell in high price of bitcoin.
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August 25, 2017, 07:06:20 PM
 #914

Most of the users hold their bitcoin because that is one way to earn big profit in the future and we all know that value of bitcoin is continuous increasing having huge amount of bitcoin makes big amount of money. That is why i eagerly to collect more and more bitcoin for my future.
No doubt that your point is right, the amount of bitcoin is a huge deal in accumulating profits in bitcoin so if we have more bitcoin then if the price will pump even a little bit like 10%, we can still earn a lot of profit from our holdings so it is the reason why people are holding bitcoin and why us, bitcoin users should collect more bitcoin.
The most important part of holding bitcoin is that we can earn a huge amount of money by doing nothing, if you were trying to replicate the same results in forex or in the stock market you will need to be a financial genius but in bitcoin the only need you need to do is to wait and receive the profits.

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August 25, 2017, 07:37:09 PM
 #915

That is the specialty of bitcoin that has greater advantage for its users only by doing the fasif activities alone can be profitable for its users, and it does not really need research to benefit from holding bitcoin in the next 2-5 years.
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August 25, 2017, 10:33:53 PM
 #916

People are holding bitcoin because it's a good investment and most of them are expecting that bitcoin will rise and reach $5000 at the end of this year. What more in the future? It's a good investe and expecting to continue grow.

I also hope for this year bitcoin will rise to $ 5000 Wink
and the more the year will increase the price increase.
Why don’t you people try to increase your bitcoin rather than increasing your money. It will cross 5k no doubt in that but the time when you sell 1 bitcoin you should be smart enough to sell double or triple bitcoin. Until the price raises you must keep trading and try to make more bitcoin. And that will give you more profit when you sell them at the end of the year. And it will also keep your mind active.
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August 25, 2017, 10:39:08 PM
 #917

Because they don't know how to spend money
Lol, but to spend money you do not need anything, but to make money and keep it you need to be smart and get over the fact that there are millions of products and services in which you could spend your money.
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August 26, 2017, 08:42:01 PM
 #918

I think a great reason for holding bitcoin now (even after the original fork on August 1) still comes down to some of the important economic elements of bitcoin.

Longer term investors who are familiar with bitcoin and its format are likely going to realize how it could be beneficial to hold bitcoin years into the future as the mining rate is decreased in a few years (2020) and as we continuously get closer to the overall cap (though that is still further down the road). The nice combination of a finite amount overall and getting there at a decreasing rate (less availability in the near term) – could get more returns and price appreciation.

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August 26, 2017, 08:47:28 PM
 #919

People are holding bitcoin because it's a good investment and most of them are expecting that bitcoin will rise and reach $5000 at the end of this year. What more in the future? It's a good investe and expecting to continue grow.

I also hope for this year bitcoin will rise to $ 5000 Wink
and the more the year will increase the price increase.
Why don’t you people try to increase your bitcoin rather than increasing your money. It will cross 5k no doubt in that but the time when you sell 1 bitcoin you should be smart enough to sell double or triple bitcoin. Until the price raises you must keep trading and try to make more bitcoin. And that will give you more profit when you sell them at the end of the year. And it will also keep your mind active.

Yes its better to trade them and take the amount of bitcoins higher as only holding will never grow the amount of coins so if you invest it in trading then you can make regular profits and it will also help you in growing your coins and who knows your 1 btc can also become 10 btc at the end of the year.
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August 26, 2017, 09:15:32 PM
 #920

I think the motivation behind why despite everything they hold their Bitcoin in light of the fact that many individuals need a high profit.They sitting tight for a vastly improved high estimation of the Bitcoin and they will be gainer
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