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Author Topic: Why people are still buying Bitcoin?  (Read 2966 times)
Jayskie15
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May 29, 2018, 12:51:02 AM
 #181

There is a lot of strategies to double your money in bitcoin, and if we are talking about the "future" i prefer to bitcoin, Gold and Silver may change in the future,like for example in the past Silver is more valuable than Gold but look what happened now, so who knows if bitcoin will be more and more valuable in the future. Bitcoin will increase higher and higher value so that they get a big profit when they trade it to someone.
DainSLane
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May 29, 2018, 01:01:17 AM
 #182

Even there are many bad news about bitcoin the people are still buying bitcoin because they believe the blockchain technology of bitcoin that could make the price high in the market, also the investors are continuing their investment because they believe in bitcoin.
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May 29, 2018, 01:05:46 AM
 #183

i think they keep investing bitcoin because they know in the future, bitcoin will increase higher and higher value so that they get a big profit when they trade it to someone.

This is the best time to buy bitcoins because of its low price, I don't know when it will rise again, but surely it will. For those who are buying bitcoins right now, just hold it guys and wait for it before the year ends, who knows, maybe what happened last year will happen again or it will skyrocket again even more, if that happens, that would be a huge success for us.

 
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Zaibraid
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May 29, 2018, 01:08:14 AM
 #184

People still buy bitcoin probably for several reasons. They can only follow the recent trend in which bitcoin is gaining in popularity. People believe that bitcoin will give them a big advantage over time. If this reason makes people buy bitcoin then people need to be vigilant because it's a speculative one. No one guarantees how much profit from bitcoin. But if someone buys bitcoin by first doing an analysis of the market price then I believe that it will most likely be profitable. Someone who has analyzed the market price must have prepared a strategy to play with other bitcoin players. This is an intelligence.

Lingesh
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May 29, 2018, 01:08:50 AM
 #185

Peoples are still buying bitcoin because they know the future of bitcoin and Blockchain technology. Bitcoin have a better future. The value of bitcoin will be high in future. So people are still buying bitcoin.
Koalamite
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May 29, 2018, 01:10:46 AM
 #186

Many investors are still believing in bitcoin and also their now that bitcoin will recover and rise again soon thats why many people are still buying bitcoin and also we know that bitcoin is still the king coin

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Erlinda Santiago
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May 29, 2018, 01:28:35 AM
 #187

If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.

Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
because people trusts bitcoin tjey think that they will get rich or they will gain more profit when investing money using bitcoin

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kikay15
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May 29, 2018, 01:35:59 AM
 #188

If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.

Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
Their are some people are still buying bitcoin because they have faith that bitcoin will recover from fallen. Their dont lose their hope. So that they buy and buy bitcoins until the right time bitcoin wi rise up again.

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dmty.0809
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May 29, 2018, 01:36:45 AM
 #189

It's time you can buy some bitcoin, in because the price is still down, and you can wait a few months later, bitcoin prices will soar, I'm sure that in this year there will be an increase of about 15000 $.
VayneAurelius
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May 29, 2018, 01:44:52 AM
 #190

If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.

Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.

Well people who still buy bitcoin are reasonable. They are still hoping that somehow bitcoin price will goes up and they expect it as they take the risk by buying. So they take it as their betting on their money that somehow, someday bitcoin price will goes up and they can gain the profit that they want or expected. This is one of the reason why people still buy bitcoin despite the price is large but not that large compare to its highest price.
DoublerHunter
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May 29, 2018, 02:45:57 AM
 #191

Because it is now low and that is the reason or signal for them to keep buying bitcoin while it is low because when the bull run starts then the market will just keep on going up and that will become the time for them to experience a lot of profit because the price of bitcoin might be doubled from the current price right now.
boddy.dy
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May 29, 2018, 03:14:12 AM
 #192

It is just basic that people are still buying bitcoin because it is still profitable and gives a lot of good benefits. If you are not aware people are also buying bitcoin because they use bitcoin as a payment to their payments for their transactions. Nowadays almost all of the industries are associated with bitcoin just like paying your bills, buying airplane tickets and you can also book or reserve on hotel by the use of your bitcoin. In this current state of bitcoin it is not questionable that many people are still interested in buying bitcoin because they have a lot of choose or things to do with this.
Vincent Wright
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May 29, 2018, 03:19:23 AM
 #193

Maybe one of the reason is they still believe to this system even there are a lot of negatives news and articles are spreading everywhere. Some of us are really embrace and supporting it because for sure there are a lot of better and good things that bitcoin gives to them and maybe they appreciate and giving importance the presence of it into their lives. And even they are experiencing difficulties they are sure that after that there will be a much better movements are soon to happen.
parkiabi
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May 29, 2018, 03:31:08 AM
 #194

i think because of its great potential an because its number one coin in the word,,,so many people make huge investment in it
First77 (OP)
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May 29, 2018, 04:29:56 AM
 #195

i think because of its great potential an because its number one coin in the word,,,so many people make huge investment in it

Now 0.1 Bitcoin = $700  Roll Eyes  I work as an online worker and I get $2/hour to $4/hour work only. I earn $100/month to $200/month only.
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May 29, 2018, 04:51:39 AM
 #196

If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.

Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
People are still buying because of believing that bitcoin can give huge profit thus make people rich and free from financial problems. Bitcoin is really a good investment and to those who engage will have good profit someday.
buy at a low bitcoin price and sell it when the bitcoin price is high. buying bitcoin is a good thing and normal for someone because by buying they can get bitcoin easily.
samoilov
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May 29, 2018, 04:54:38 AM
 #197

People are buying bitcoins because there is still lot of room fro growth. Also, investing in bitcoins is much more safer than investing in any other alt coin.
arifin eky
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May 29, 2018, 05:05:10 AM
 #198

it's because bitcoin is stable and there is no engineering or fraud in it, people still believe in bitcoin to raise its assets, I'm still investing in bitcoin for the long term.
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May 29, 2018, 05:09:08 AM
 #199

Because Bitcoin will surely give us profit despite of the high price. Also, it is the most accepted cryptocurrency worldwide. Plus it is the basic coin within the crypto system which is almost a requirement to have some in our portfolio. Another thing is that almost all wallets have Bitcoin as their basic currency to be converted into cash. Which is why people continue on buying Bitcoin.

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May 29, 2018, 05:18:43 AM
 #200

because the value of bitcoin it so high that many people want buy it and people know bitcoin will up the price.
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