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Author Topic: Why people are still buying Bitcoin?  (Read 2966 times)
paul gatt
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May 29, 2018, 01:17:38 PM
 #281

People still buy bitcoin for a variety of reasons. But most of them still want to get rich. Bitcoin is an advancement of the times. By investing in bitcoin, many people suddenly become rich. And the rich want to use bitcoin to work illegally.
Cryptogid
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May 29, 2018, 01:42:32 PM
 #282

People buy bitcoin because it's a very promising digital currency that you invest in for the long term and you can make a whole lot of profits when it pumps up in the future. it's still the best and the most valuable coin in the market. People still hold it as an investing value asset. We believe bitcoin is here to change our lives for the better.
xuv500
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May 29, 2018, 01:43:49 PM
 #283

People still buy Bitcoin because of the profit it gives in return and the commendable belief the it will for sure give at least double the profit for their investment. The craze on Bitcoin and the tremendous concept in it is also one among the big factor for people still buy Bitcoin.
mensha
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May 29, 2018, 01:52:12 PM
 #284

It is because of still bitcoin is the most reliable and stable coin in the crypto currency market. Although hundreds of crypto coins are in the market right now, bitcoin has become the primary coin among other all altcoins. Most of the crypto investors are investing their money on bitcoin proportionally higher amount. Even most of the altcoins’ price is rely on price of bitcoin and it is the key factor of deciding the price. Then still bitcoin has the considerable market demand.
AliMan
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May 29, 2018, 01:56:28 PM
 #285

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.
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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.
It's just a proof of how great bitcoin is ata these days. People were still in the market because bitcoin is helping them a lot. It creates a lot of opportunities for them so they tend to invest in it. Only thing that bitcoin is still in demand for many is because of its benefits and help once you have it.

dianajane
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May 29, 2018, 02:18:07 PM
 #286

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.

so much is to buy a bitcoin because many believe it even when it comes down because the buyers know that their money is getting back and forth when they sell it and they also know that bitcoin will last forever.
kamilah147
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May 29, 2018, 02:24:01 PM
 #287

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.
It's just a proof of how great bitcoin is ata these days. People were still in the market because bitcoin is helping them a lot. It creates a lot of opportunities for them so they tend to invest in it. Only thing that bitcoin is still in demand for many is because of its benefits and help once you have it.

indeed with the bitcoin we get the opportunity of income opportunities, because in every country the number of unemployment is very large so with the bitcoin, then get the opportunity is big enough.

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Peashooter
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May 29, 2018, 02:28:22 PM
 #288

People are still buying bitcoin, as they have faith in bitcoin. It is getting more and more popular with each passing days. Most people have been investing in bitcoin in the hope that it would pump hard in future and it would be profitable for them.
Yes, I agree of that, cause from the start bitcoin give us good profit and lot's of investors  are interested to join in bitcoin to invest in to gain high profit and they believe that bitcoin give them brighter future and success.
#dhabitamartha
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May 29, 2018, 02:29:41 PM
 #289

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.

we have to see the energy and time we are doing in bitcoin whether it is appropriate to debit the profit or the profitability but the waste of electricity and the time it takes we have to calculate all that.
roshanface123
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May 29, 2018, 02:32:39 PM
 #290

Because they know the importance of bitcoin. That's why they still trying to buy more bitcoins.
serverus
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May 29, 2018, 02:35:31 PM
 #291

In my opinion people still believe in bitcoin, since in history it continuously repeating to go deep in price then eventually rise again..
RNLCK
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May 29, 2018, 02:36:22 PM
 #292

Many people buy bitcoin for the purpose of profit.And they know the importance of it
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May 29, 2018, 02:39:29 PM
 #293

People are buying Bitcoins to spend with the idea of over taking fiat then there would be more purchase & transactions of it.
Bugcoin5
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May 29, 2018, 02:41:28 PM
 #294

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.
I think everyone were to purchase Bitcoin as a form of investment and to sell it only when it reaches a new all time high, it doesn't make sense for new individuals to keep buying into Bitcoins for the purpose of selling it to someone else which would pay a higher price
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May 29, 2018, 02:43:37 PM
 #295

Most of people buy bitcoin, because we all believe that bitcoin will increase more in the future and everyone want to wealthy. Number of bitcoin will be less and less, which mean is the price will go up.

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ignacio0404
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May 29, 2018, 02:46:44 PM
 #296

They are still buying because people are so hopeful with Bitcoin. Though a lot has been making Bitcoin low now, this first cryptocurrency never fail to raise. So to answer that question, many still trust bitcoin and will trust bitcoin.
John Snow
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May 29, 2018, 02:48:43 PM
 #297

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, 02:50:55 PM
 #298

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 Bitcoin because they expected for 10xincrease in its price this year. In a freely traded market this means that at any given point in time there are more buyers than sellers.
domerosan10
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May 29, 2018, 02:55:30 PM
 #299

yes obviously to invest and want to change the economy. Because if we invest bitcoin, it can be a considerable profit. And bitcoin is the number 1 coin in cryptocurrency, if investing bitcoin can make us rich in the future to come.
SilverChromia
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May 29, 2018, 02:58:48 PM
 #300

A lot of people will still continue buying and keeping or holding a lot of bitcoin even at this moment. even we all know that these days bitcoins do not have much more value on the market because of its downfall but in the end we will realize that it will take a lot of time again and sooner or later it will go back again to normal and will go rise again its price on the market because we are those people who still do not losing hope on crypto currencies

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