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Author Topic: Why people are still buying Bitcoin?  (Read 2966 times)
Dudeperfect
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May 29, 2018, 04:14:54 PM
 #321

We must realize that mining is not a get quick rich business, you have to put efforts and generate revenue can claim profits when the output will have the highest demand in the market. Miners never sell their newly mined coins unless the price is anywhere near all-time high level. When it comes to the normal investor, the case is same. Bitcoin is still in the basic phase of the development and hence it has potential to give exponential returns on a larger time scale, unlike other investment options.
CryptOliver
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May 29, 2018, 04:18:51 PM
 #322

Because they are sure and believe on bitcoin. They never doubt to invest on bitcoin as the biggest cryptocurrency. They sure that bitcoin will give them good profit in the future. And it will be true if you keep buying bitcoin too.
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May 29, 2018, 04:20:15 PM
 #323

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.

Diverse reasons to why people are purchasing the bitcoin; aside from investment made with it, it is mostly used for trading purpose. You need it for altcoin purchase and also as means to convert into our fiats. So,  the bitcoin sales and purchases is a constant  thing in the cryptocurrency  world.

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King money
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May 29, 2018, 04:21:09 PM
 #324

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 believe bitcoin will have a brighter future, increasingly popular and many companies are receiving bitcoin. I buy bitcoin for a better future.



I think in Bitcoin you do not have to wait until it reaches $ 16,000 to double your money, you can buy and sell it even with just a $ 100 or 200 price drop, you will be surprised at how quickly you will double your money in the technique instead of waiting for the price big target.
Even if you prefer Gold or Silver, there is no guarantee that they will get a steady growth of 20% to 35% investment has no guarantee and gives you a short history. Silver is valued higher than Gold, look where they are now? This gives an understanding that in the future there is no guarantee what will happen to their prices.
nguyentuanduongg1995
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May 29, 2018, 04:29:53 PM
 #325

I think the following are the reasons people still buy bitcoin:
1. Fast transaction
2. Cheap rates
3. Central government can not take away
4. No refund People can not steal your payment information from merchants
5. Not inflation
6. Private
7. You do not need to trust anyone else
8 . You own them
9. You can create bitcoin
Husen Alikhsan
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May 29, 2018, 04:40:22 PM
 #326

Everyone including me personally and family, said that we invest in bitcoin a lot of advantages than its harm. At the moment there are several ICO projects and very many opportunities for success in investing in bitcoin. What do you think. Thanks
brightology
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May 29, 2018, 04:52:52 PM
 #327

Bitcoin is a coin that appreciate and deprecate from time to time, base on that, the market price of bitcoin is more encourage got buying process, for a future use, secondly bitcoin has a good future, but increasing in price and many more.
chromosomes
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May 29, 2018, 04:55:55 PM
 #328

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.
Even though bitcoin's value has been very down these past few months, people are still buying it because they see it as a great opportunity knowing that if ever bitcoin's value rises high again, they will be benefiting a lot from it. Some people still buy it too because of loyalty and faith wherein they still see bitcoin as a potential coin that will change the whole world soon.

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Lingesh
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May 29, 2018, 04:58:39 PM
 #329

People are investing their money in something like gold, silver, real estate and other methods. These investments are giving a small profit so people expect a good profit, Bitcoin is the best opportunity for earning the profit. so people still buying bitcoin, and value of bitcoin is slightly low so they want to buy bitcoin.
Serious475
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May 29, 2018, 05:16:51 PM
 #330

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 believe and trust Bitcoin. They believe that Bitcoin will increase its price again just like its price last December 2017.  They are taking the chance to buy Bitcoin in order to gain its rewards when it reaches again that mark. They also buy Bitcoin in order to trade it for different altcoins and after trading they earn money.
IMMBAGGA
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May 29, 2018, 05:20:22 PM
 #331

People are still buying bitcoin because of their faith in it also they are having love for it.  They also see good future in it.  They expect good returns by investment in bitcoin.
Geraico
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May 29, 2018, 05:20:43 PM
 #332

just because the experts said that will be over 20k$ and others experts said over 250k$, bullshit it will drop down this year under 5k$ and everybody will cry who invested in this coin.

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Ronaldcoin2017
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May 29, 2018, 05:22:03 PM
 #333

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 believe and trust Bitcoin. They believe that Bitcoin will increase its price again just like its price last December 2017.  They are taking the chance to buy Bitcoin in order to gain its rewards when it reaches again that mark. They also buy Bitcoin in order to trade it for different altcoins and after trading they earn money.
Yes i agree on that many people around trust bitcoin because bitcoin is becoming mpre trenf and it is really becoming more amazing each day. Due to the high volume of the investors that becoming more interested in the bitcoin feild. The bitcoin is becoming more amazing each day even if it experience a huge dump some times.
budi691
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May 29, 2018, 05:27:21 PM
 #334

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.

If that's the way you see it, you see bitcoin like gambling instead of investment. but if you know the risks like that, no one wants to do that. bitcoin to date still has market value with excellent justice for its owner. do not be too hasty to make a decision. just enjoy the moment of each bitcoin value movement with a cup of coffee.

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Suprittandon
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May 29, 2018, 05:32:13 PM
 #335

Today , bitcoin is the most popular and valuable currency in the market . People have strong believe and trust in purchasing bitcoins to get high profits in future and fulfil their all needs & desires.
Al Muhaimin
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May 29, 2018, 05:41:34 PM
 #336

because investing with bitcoin is very profitable and can expand quickly and very little gap for loss in investing bitcoin I think for people who already enjoy the results of bitcoin will feel the fun
ruhel khan
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May 29, 2018, 06:02:34 PM
 #337

Bitcoin is the most popular cryptocurrency in the world and it's price is increasing fast day by day. People are still buying bitcoin because every bitcoin user's are hopping that price will be double in this year.
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May 29, 2018, 06:03:21 PM
 #338

Bitcoin is very well promoted, very popular, so people even with its long enough fall now continue to buy it hoping for a quick rise.
Marrionbitcoin
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May 29, 2018, 06:05:20 PM
 #339

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 all know that the price is still low and looks like keeps on decreasing and actually that's the point. Many people keeps on buying Bitcoin because that is the best time to buy and remember - buy low and sell high as the basic and effective stratgey in digital or any trading platform.
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May 29, 2018, 06:14:17 PM
 #340

Peoples buy bitcoin because it is a promising  coin than another crypto coins.Moreover bitcoin is high potential coin which gives more profit to it's investor.I think for this reson still now peoples buy bitcoin.
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