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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 58481 times)
Webetcoins
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July 30, 2017, 07:13:11 PM
 #401

Bitcoin meets the test of people in the past that's why users rely on it and holding it, they believe that it will continue to grow in the future as it came from $800 to $2600-$2700 now.
there can be alt of reasons for it maybe people are waiting for the right time they are waiting for the price to be increase a bit more many people are waiting for the price of the bitcoin to be double they still trust in the power of the bitcoin they are hopeful they are sure that after august first the price of the bitcoin will be more high it will be double after some time this is the real reason for it I think

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July 31, 2017, 07:36:54 AM
 #402

Bitcoin meets the test of people in the past that's why users rely on it and holding it, they believe that it will continue to grow in the future as it came from $800 to $2600-$2700 now.
there can be alt of reasons for it maybe people are waiting for the right time they are waiting for the price to be increase a bit more many people are waiting for the price of the bitcoin to be double they still trust in the power of the bitcoin they are hopeful they are sure that after august first the price of the bitcoin will be more high it will be double after some time this is the real reason for it I think

And they are right in their expectations imo. When existing problems with Bitcoin will be fixed nothing will be stopping it from rising anymore. History teaches us that people who hold their coins in times when most people around are selling will not regret later.

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July 31, 2017, 08:42:19 AM
 #403

Why people hold bitcoin. Perhaps with the belief of someone holding bitcoin with the future of those who want to long-term inves and never concerned with the panic on the info make people so do not believe in bitcoin then from that I personally bitcoin as new digital gold to take advantage
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July 31, 2017, 08:49:39 AM
 #404

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

Some people are waiting for Infinity, but am into it for the currency value of Bitcoin, the investment growth is just an additional profit. Most of the people here know that regardless of price dropping or increasing, the end value will always be better than where it was last year. So why not, HODL forever.  Cheesy
I think people keep Bitcoin to continue to make a profit. The price of bitcoin is increasing rapidly and this is the opportunity for many people to get rich.

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July 31, 2017, 11:02:40 AM
 #405

Wrong. You need to see on a larger scale. For example, when I heard about Bitcoin about a year ago, it was around 500-600$. Now its in the 2700$ range. See, this is why many traders wait, they try and analyze the market trends and try to predict whether market price will go up/down from a certain point of time and then think about whether that will be the perfect time to gain profits.
This is the reason traders are unwilling to sell at any point of time, they hold for inflation.

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July 31, 2017, 11:09:25 AM
 #406

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
There are two types of holders, one is the die hard holder that is not going to ever get out of bitcoin and the second is the one that thinks that is going to profits from this situation, I have not get out of bitcoin for the simple reason that I do not think bitcoin price is going to be that low and after some time is going to recover, so what is the point of getting out bitcoin?
i used to be that one who only depend on situation to get profit or hold for a time period and then sell after rise in price for short term but now i have enough confidence after seeing the rise in the price over the year.
i think the price is going great and its fall its time period will be too small to be recover so, i think investment for long term is preferable instead of short term.
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July 31, 2017, 11:18:51 AM
 #407

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

Some people are waiting for Infinity, but am into it for the currency value of Bitcoin, the investment growth is just an additional profit. Most of the people here know that regardless of price dropping or increasing, the end value will always be better than where it was last year. So why not, HODL forever.  Cheesy
I think people keep Bitcoin to continue to make a profit. The price of bitcoin is increasing rapidly and this is the opportunity for many people to get rich.

People think that if the price of bitcoin has become very high over the past few years, then it will also grow rapidly in the future.
Therefore, many people have decided to keep coins for many years.
I also took this decision
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July 31, 2017, 11:25:42 AM
 #408

Why people hold bitcoin. Perhaps with the belief of someone holding bitcoin with the future of those who want to long-term inves and never concerned with the panic on the info make people so do not believe in bitcoin then from that I personally bitcoin as new digital gold to take advantage

so far bitcoin has very bright future and it's a good project. it proof by the user of bitcoin come more every time, and make bitcoin demands so high. as a result the prices of bitcoin growing up slowly but frequently. that's one of reason elder bitcoin user believes bitcoin and stay to hold it.

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July 31, 2017, 11:28:51 AM
 #409

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
I think the reason why people hold their bitcoin to wait for the bitcoin sale price to be very high, but everyone has different reasons to hold their bitcoins.
There are some people who hold bitcoins for their personal assets digitally and there are also some people holding bitcoins for future investments.
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July 31, 2017, 11:30:21 AM
 #410

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

Actually they are waiting for the right time to release their bitcoin, because the current situation is arguably less critical. But some of them also hold bitcoin because they think bitcoin is something worth investing, so they hold it and will release bitcoin if it's urgent for them.
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July 31, 2017, 11:58:42 AM
 #411

Bitcoin is a great project that can change a person's life for the better in the future if he understands the project and bitcoin provides benefits for those who use it.

 Right those person use bitcoin their life has change in very better way and also bitcoin will be very most profitable in future, if those people hold it because in future bitcoin provide many sources to earn it.
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July 31, 2017, 12:12:27 PM
 #412

People holding bitcoin simply because they believe on it and theyre just using their plan well, people know that every time bitcoin drops it will bounce back higher, so by this they are making a lot of money. When you do trading you must stick to your plan for what ever will happen.
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July 31, 2017, 01:22:35 PM
 #413

Because Bitcoin has a good future, therefore many people holding Bitcoin and I know the good news about Bitcoin that Bitcoin will have the price up to $3000.

therefore I holding my Bitcoin to a long time.
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July 31, 2017, 08:25:41 PM
 #414

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
There are two types of holders, one is the die hard holder that is not going to ever get out of bitcoin and the second is the one that thinks that is going to profits from this situation, I have not get out of bitcoin for the simple reason that I do not think bitcoin price is going to be that low and after some time is going to recover, so what is the point of getting out bitcoin?
That’s the cardinal reason for holding to bitcoins even when the prices have dumped. Investors are waiting to pass through the August 1st ordeal to enjoy grand profit. Bitcoins are great investments to have secure future in the digital world.
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July 31, 2017, 09:39:37 PM
 #415

Many individuals do holding their Bitcoin in light of the fact that they suspected that if do holding they will get a considerable measure of benefit in future same like a bank. so individuals hold their Bitcoin. see the past recorded information it's picking up step by step
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August 01, 2017, 12:42:24 AM
 #416

Because many believes that one day bitcoin's price will get to its peak and nobody wants to miss that chance.
So holding now atleast 10btc will somehow secure the future. Bitcoin is life and the future.  Cool
10 BTC seems like a low amount of bitcoin especially if we are talking about guaranteeing your future, but it can be enough if you live in a third world country with low expenses, however when it comes to money there is not such a thing as having too much, so if you can save even more than that do it since the benefits are going to be astronomical in the future.
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August 01, 2017, 03:44:39 AM
 #417

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
I think those who keep Bitcoin up to this point are calm and wise people. When the volatility passes, they will surely multiply the worthiness.

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August 01, 2017, 04:01:34 AM
 #418

People are holding bitcoin they want to earn more money. Bitcoin price will be higher in future. So they hold bitcoin.
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August 01, 2017, 04:06:04 AM
 #419

Yeah, right now the price goes back up, I guess the reason is clear, that is to get a big profit from the bitcoin price increase. People withhold the bitcoin they have in order to get the right time to sell it.
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August 01, 2017, 04:28:05 AM
 #420

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

i think because this is the right time to look for a bigger picture. while they are on panic by selling their funds imediately . You are calm by hoarding some of your funds and when coins pump to the moon and then your an instant millionaire. more risk more gain.

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