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Author Topic: Why people are still buying Bitcoin?  (Read 2966 times)
Mr.Dick
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May 29, 2018, 11:43:46 AM
 #261

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.

That might be true but it is also possible you are buying at 7k USD now and at the end of the year it is 14k USD again so you're about 65-80% above your maths. I do personally trust in and hope for bitcoin.

avary18
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May 29, 2018, 11:44:55 AM
 #262

Just because it's not only not dead, it literally has just been born. We need to wait and see if it can befome what we all thought it could be.
It is because they are believe that bitcoin is profitable no matter what.Bitcoin ia good either short or long term of investements and most likely investors are like to invest in bitcoin because btc has a high potential to become 10x of their profit in the future.
Zeque02
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May 29, 2018, 11:46:04 AM
 #263

I think people still buy Bitcoin because they believe that the value will increase again before the year ends. They are taking risk to invest in Bitcoin despite of the price today.

It could be the reason that they believed in the value of BTC to increase but for me,  the reason why people still buying BTC is because they are satisfied in bitcon ways of investment,  though it is risky but still they feel comfortable having it.

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chris paul
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May 29, 2018, 11:47:09 AM
 #264

Because people might have hope in it , they might be thinking that it can help them out . well, bitcoin is on the top of the crypto list and it's quiet popular . so its quite obvious to choose bitcoin instead of any other coins .
hoahongdai
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May 29, 2018, 11:47:42 AM
 #265

Because at this time, bitcoin is still the best and the most valueable coin in the market. People still hold it as a investing in value asset. They think bitcoin will pump in the shorttime so thats why they still buy it.
Gabteb
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May 29, 2018, 11:50:26 AM
 #266

Becouse they belive they will have profit, some of them buy it just becouse belive in Blockchain as it s technology of future and if you want make profit why do you think it must be 100% ?


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ajoygb
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May 29, 2018, 11:52:51 AM
 #267

In investment it is good to buy more bitcoin if is going down then you will wait if the market is going up that is the time you will sell.  In the case of bitcoin has build up its name and prove its value in the market that is why people trusted and continue to support the bitcoin.
Samballado
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May 29, 2018, 11:53:21 AM
 #268

I think bitcoin is a very promising digital currency, because we invest in it for the long term. if I may suggest, buy a bitcoin right now because the bitcoin price is low. and hold it until the price increases. Or if you do not want to buy bitcoin, you can also buy altcoins like, Ripple, monero, Litcoin, And others  Grin
leonidas89
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May 29, 2018, 12:01:58 PM
 #269

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.

A lot of this is speculation- I think BTC has much more room for growth over the next five years than precious metals. The crypto market as a whole is still tiny and even a relatively small amount of new institutional interest can cause another boom. Just be patient.
PM.coins
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May 29, 2018, 12:08:44 PM
 #270

Everybody, including me, is saying that investing in bitcoin will get a profit! At present, there are many ICOs projects, so many opportunities to make a profit! I always hope to be successful!
People are still buying bitcoin because they believe that btc is still profitable investment. They can get high profit by investing  in btc within short time period.price volatile is a good opportunity to  take profit and this makes it interesting for investors.
JuliyaXis
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May 29, 2018, 12:11:37 PM
 #271

Because believe, I believe in bitcoin, for him the future
wallstone
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May 29, 2018, 12:13:13 PM
 #272

They love bitcoin and the trust that they giving is very high thats why they cant stop in buying bitcoins.  Another thing that ive notice is they see bitcoin is very profitable.
Yes, I agree of that there are so many investors they believe and trust in bitcoin cause they know it gives lot's of benefits a high income, so that they continuing buying bitcoin for continues income they earn. Bitcoin give them hope to become successful and brighter future.
.
Acsirp
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May 29, 2018, 12:15:48 PM
 #273

Everybody, including me, is saying that investing in bitcoin will get a profit! At present, there are many ICOs projects, so many opportunities to make a profit! I always hope to be successful!
People are still buying bitcoin because they believe that btc is still profitable investment. They can get high profit by investing  in btc within short time period.price volatile is a good opportunity to  take profit and this makes it interesting for investors.

People are still buying or investing in bitcoin because they thought that bitcoin could give good benefits and investment profits out of their money invested in bitcoin.
Chaelbrin
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May 29, 2018, 12:18:28 PM
 #274

It is on account of numerous still needed to procure from putting resources into bitcoins. It is for them a chance to effortlessly acquire cash particularly amid times when bitcoin costs begins to go up after it has tumbled down low. Be that as it may, others additionally had terrible encounters because of bitcoin being so flighty. In any case, on the off chance that you should simply hold longer it will go up again however it would require so much investment.
Gahi
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May 29, 2018, 12:20:24 PM
 #275

They love bitcoin and the trust that they giving is very high thats why they cant stop in buying bitcoins.  Another thing that ive notice is they see bitcoin is very profitable.
Yes, I agree of that there are so many investors they believe and trust in bitcoin cause they know it gives lot's of benefits a high income, so that they continuing buying bitcoin for continues income they earn. Bitcoin give them hope to become successful and brighter future.
.

Because the bitcoin is a huge profit so many investors and suporters here. So for me the bitcoin can help our lives so many buy it. So we want to lift our lives we only believe in bitcoin.
taranbam
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May 29, 2018, 12:20:36 PM
 #276

People still see huge potential in bitcoin and what is simply not there in gold or silver, namely, sharp price jumps. That is, in bitcoin, you can get 100% profit in just one year or less. And it attracts investors very much, plus they understand how bitcoin developed past years and understand its approximate principle that x5 - x10 from the invested for the year
Ruffian1314
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May 29, 2018, 12:49:59 PM
 #277

Because people still see bitcoin as a good investment of their money especially traders who are good at making profits in just a short period of time. And for the holders who wants to hodl their bitcoin still believes that it can reach that $16000 in just 1 year because bitcoin already surpass that price so it is not suprisingly that bitcoin still has a lot of investors.
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May 29, 2018, 01:08:41 PM
 #278

why people still buy bitcoin because it's the chance to get a bitcoin because the price is low today so we need to buy and hold a bitcoin

Market-desi
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May 29, 2018, 01:12:44 PM
 #279

because they believe that bitcoin will be a bridge to become a millionaire in the near future.
especially in my country in Indonesia the increasingly narrow job the number of unemployed more and more. then bitcoin is happy to join and invest in bitcoin

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paulo29
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May 29, 2018, 01:16:55 PM
 #280

Bitcoin as the most trusted and a promising digital currencies are what makes it the most-sought digital currencies in the present and maybe in the future. Because bitcoin is true to its promise to change the lives of its users, holders and its enthusiast, this makes bitcoin the most in-demand cryptocurrencies in today's digital currencies in the market.
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