Why people are still buying Bitcoin?

[First77]

Everyone knows that Bitcoin is a popular virtual currency. And with its popularity, its use and rapid growth. A few months ago, Bitcoin was worth around $ 18,000. But now it's worth around $ 8000. Due to lower prices and the idea is that the prices of Bitcoin very quickly will be rising again. So the people are purchasing Bitcoin.

Bitcoin ATMs by Country https://coinatmradar.com/countries

Bitcoin ATMs are installed in many countries in the world.

[Geemy]

Just buying for profit and hoping that what happened last year 2017 happens again when the price rose to $ 20,000

[teddyppap]

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.

To my mind, until now there are so many people who buy bitcoin the reason is very simple because they see the development of bitcoin, bitcoin has a strong foundation and always grows strong, as is clearly seen. bitcoin is constantly growing, bitcoin brings a high income for every investor, bitcoin money helps improve the economy for investors, help each investor get economic self, King helps farmers to make money with agile operations, so people always invest and trade bitcoin trading.

[avirdoz]

Some people simply do not become attached to the price of bitcoin, but consider this as a long-term investment. Related technologies is just beginning to be used in our lives.

[Tommy len]

Anyone who believes in bitcoin will have the view that someday in the future bitcoin prices will be much higher. And I believe that too. Now those who come later to crypto world didnt get the chance to buy Bitcoin at low price.

[FiveReels]

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.

In my own opinion, Many people are still buying bitcoins because of curiosity and wanted to acquire something comfortable lifestyle, As proven and tested by millions of people, Bitcoin had a capacity to give all we want, In financial aspects, bitcoin deliver's opportunity and a good source of income:)

[mung_nasib]

Probably because bitcoin is one of the most favored places for a person to earn an income even if it takes a relatively long time In addition,the risk of loss is still small if they can be patient in holding the asset for a while.

[krasik]

Well I'm number one. I worked very hard on investment, especially in real estate. I know that there are many projects, but this one is the most convenient for me.

[Lhanofclover]

Most of the people know about bitcoin are the people believed that btc will help them to become financial stable because of the high profit benefits.

[kyra0018]

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 including me, because the value of a bitcoin increases as the time passes by. The more amount of bitcoin you the higher amount you can exchange.

[bluered]

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!

Me too I still hope in bitcoin even though there are a lot of news destroying the image of bitcoin. I just started hold bitcoin and I still hope that its value will increase.

[djmixen]

Well, i think people are still buying bitcoin because they are sure on the future of bitcoin that  it will soon reach the highest value. Although bitcoin is not yet accepted in other country, but there are always new update that some countries accept it and maybe this is one factor why bitcoin price is going down.

[Nezerlan]

Many people that buy bitcoin are not doing so in order to spend it for goods and services. They do so in order to leverage on the volatility that comes with investing in cryptocurrency.

[Selapesek]

Because bitcoin is very promising, bitcoin is very profitable, bitcoin is money-based digital that is quite popular among the world community. Bitcoin will be the best in the future. Bitcoin will increase its demand to wonder if it's bitcoin? Bitcoin is very promising for those who already believe.

[Tahir460pk]

Still buying btc many people most of them too much sure about the future of bitcoin thats why they are still purchasing and holding the bitcoin there are coming many news about it from some countries supporting bitcoin thats why people believe on this market and their trust going up and up with every passing day and they are investing.

[tuliobrothers]

Because there is a good profit in bitcoin.  Investing in bitcoin is more profitable than any other investment in banks. So,  a lot of people now are still buying bitcoin and altcoins.

[athaya_DR]

 It depends on whether you believe in the future of Bitcoin. People buy bitcoin because they still believe that they will earn more profit from it, although it is hard to predict when bitcoin reach the highest value and how much value it would be, they still believe bitcoin will give them more income.

[Debu]

 :)Bitcoin is  a store of value and investment. People buying bitcoin because they still believe that it will give big profit.
 and if you notice price increase each year is huge, specially in 2017. It will soon reach its highest value.

[popoyuyun]

Because they still want to trust bitcoin for the future or they may really want to gamble by buying bitcoin.

[Maruf Nazir]

Most of the people buy it because of the hype and speculation in place. Still buying btc many people most of them too much sure about the future of bitcoin. Bitcoin is very promising for those who already believe. The people still believe the market of  bitcoin will rise soon. I also believe that.