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Author Topic: Why people are still buying Bitcoin?  (Read 2966 times)
Captain Sneeze
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May 30, 2018, 07:17:14 AM
 #421

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 why people are still buying bitcoin is because they have a trust in bitcoin and  the value of bitcoin is so high so that many people want to buy it and people know bitcoin will up the price.
Kethek
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May 30, 2018, 07:18:25 AM
 #422

because bitcoin price is still low because of being down and people buy bitcoin for investment, after prices rose bitcoin will get the advantage back Cheesy
anhhungcolao
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May 30, 2018, 07:20:09 AM
 #423

We all are still buying Many people think that bitcoin is about to die but this is just the beginning of market getting mature, this is the buying time.
gurupauts
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May 30, 2018, 07:45:49 AM
 #424

people are still buying bitcoin because they see a good chance at bitcoin to be able to get profit with bitcoin prices that are currently down and they will get profit when bitcoin prices rise

Mr.John19
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May 30, 2018, 07:46:54 AM
 #425

The motivation behind why individuals are still purchasing bitcoin because we are trusting that bitcoin assist us with building our fantastic future. When I enter this cryptocurrency world, I am so appreciative currently having the bitcoin I am living with the wealth of benefits and awesome sparing time. I can do all I need, no pressure more fun at all. Life in digital currency is risking bur we should to give a valiant effort and working extremely hard you can do it.
patron bounty
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May 30, 2018, 07:56:23 AM
 #426

precisely when the cheap as now must race to buy bitcoin as much, because it will give greater benefits when the price began to rise
1goldhunter001980
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May 30, 2018, 08:04:05 AM
 #427

precisely when the cheap as now must race to buy bitcoin as much, because it will give greater benefits when the price began to rise

Many people are still  buying bitcoin because they believe that in due time bitcoin will rise to the highest limit.
phelanceter
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May 30, 2018, 08:32:59 AM
 #428

People are still buying bitcoin, as they have faith in bitcoin. They want to earn huge profit by just buying it and holding for longterm because they see a lot of potiential in bitcoin.
gathingbrus
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May 30, 2018, 08:36:31 AM
 #429

Because bitcoin can be used to buy something, as a payment option in amazon. Is not that a remarkable progress? because then everything becomes practical. Perhaps because of that, many people are still buying bitcoins.

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nathan@paralux
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May 30, 2018, 09:05:09 AM
 #430

Understand that many people believe in the technology and wish to be part of Blockchain and Bitcoin adoption. It's more than just money for many users!!
Triwiyono
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May 30, 2018, 09:07:14 AM
 #431

maybe your talk is true, but i've seen, bitcoin never takes long to reach the highest price. in 2017 then in August the bitcoin price is only $ 2500, and the end of 2017 in December, bitcoin prices can reach $ 18000 price, it does not take 1 year to reach the highest price. the price of fluctuating bitcoin, can not you same with gold or silver because it is different kind.

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May 30, 2018, 09:13:52 AM
 #432

people have great believe in bitcoin and they know that there is great future for bitcoin.they also believe that bitcoin is real
Chrystora123
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May 30, 2018, 09:17:31 AM
 #433

because Bitcoin is still profitable, this is what I think is the reason why Bitcoin is still bought, Bitcoin is now the same as gold, real estate, and other profitable investments...just imagine what the current profit earned by the person who buys Bitcoin when it costs $ 1000.

Briella18
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May 30, 2018, 09:18:24 AM
 #434

Probably investor in Bitcoin  buy or invest more when the market price is decrease and hold, because in the future the price will bounce back and it surely multiple your profits.
sulec70
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May 30, 2018, 09:28:23 AM
 #435

People keep buying bitcoin because they still consider that bitcoin is profitable. With limited supply and high volatile in price, it is really a good opportunity to get profit for investors or traders. It is a risky business but for those who have known more about it, bitcoin is really a very challenging business and very interesting to get high profit.
rushel22
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May 30, 2018, 09:32:32 AM
 #436

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!
Yes that's right. People are still buying bitcoin because they know that they will be successful if they wait. They never lose hope in buying bitcoin. They always take the opportunities in this field.
bellator66
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May 30, 2018, 09:34:17 AM
 #437

Because they put great hopes on bitcoin. That they can live comfortably and well from bitcoin.
They are still convinced and believe that bitcoin can still rise in value.
4cecil4_4
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May 30, 2018, 09:37:39 AM
 #438

People are buying as a future investment.
Chacha1000
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May 30, 2018, 09:49:32 AM
 #439

People are still buying bitcoin because bitcoin have proven to be a reliable project over the years.Bitcoin is a project that will never fail
KeithHopkin
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May 30, 2018, 09:52:14 AM
 #440

Because bitcoin gives a real opportunity to earn money, as it is a unique modern technology that needs to be developed and in parallel to receiving income from that. In my point of view, an amazing strategy of earnings, and much more interesting than buying met
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