Why people are still buying Bitcoin?

[Timere]

To answer your questions, you need to go deeper into the essence of bitcoin, understand what it gives the world, how fair it is and what can change in this world. Then you will understand that the price of bitcoin is 16,000 dollars very low

[shalaza]

Even with all this hullabaloo,government against bitcoin,deep in price,scams etc,some people still believe in bitcoin and nothing will stop them from buying it. Some of them see butcoin as an investment and the hope it will still hit double of the current price on the long run.

[Xising]

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.

It's because they know that even if the value is decreasing, and it's dumping currently. They know and believe that in time, it will once again surge back up in value that would make it regain or even go beyond what it lost. Basically, just be patient and believe that the market would again rise up. This market is just so unpredictable and full of movements and trends since it is just a new market that is open to so many changes despite it being present for already a decade.

[The best one]

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!

Ripple is $0.60 and it will be $6 to $60 in 1 to 4 years. Ripple is heavily centralized, working with big banks and money transfer companies like Moneygram and Western Union. Is this true ??

My opinion Why do many people stiil buy bitcoin I think we can not stop that many people who want to buy BTC because the price of bitcoin is not expensive beside that many people want to hold the bitcoin to fulfill in their life to the future. And also many people  have believed that bitcoin will provide an income that can be expected to cover all its needs.

[Antonina]

This is because many still wanted to make money by investing in bitcoins. This is an opportunity for them to easily earn money, especially at a time when bitcoin prices start to rise after it has fallen to a minimum.

[melinda29]

People still buying bitcoin because bitcoin is still the king of cryptocurrency, it is still the highest value among all cryptos, it is still the king of cryptocurrency, it is the most dominant, the oldest among all, it gains the trust of the people  and that are the reasons why people is still buying bitcoin.

[julzcoinbit]

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.

It's because they know that even if the value is decreasing, and it's dumping currently. They know and believe that in time, it will once again surge back up in value that would make it regain or even go beyond what it lost. Basically, just be patient and believe that the market would again rise up. This market is just so unpredictable and full of movements and trends since it is just a new market that is open to so many changes despite it being present for already a decade.

I agree with you mate, they believe bitcoin as well because Its prove Itself already that you can earn a huge profits by Investing It through long-term Investment.  All you have to do Is patience and avoid panic because the volatility of bitcoin Is normal scenario, which more be affected by the fraud spreading out social media, but It will pass by regularly and continue bitcoin to pump.

[aji567]

Because bitcoin makes it easy to transact quickly and its many benefits, especially to invest in the long term and short term. Bitcoin prices are also unpredictable so many people are interested in buying. The level of bitcoin security is unquestionable.

[keninu]

The person who buys Bitcoin and makes the investment, of course, the person wants a profit, although the price of Cryptocurrency including Bitcoin is very volatile, and the investment in Bitcoin is very high risk, but Bitcoin still gives great hope that it can give success to anyone who holds it.

[Larva14]

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 because bitcoin is a lot different from those metals and people buy bitcoin because they are more interested in the digital market rather than those investment in silver or gold. Our society is changing and adapting so people tends to look up at something new and fresh in their eyes. Luckily, bitcoin also produces quiet more than enough income.

[rambak]

Many people say, including me that Bitcoin has a high price value and is more profitable if buying Bitcoin than any other coin.
Bitcoin is currently a coin that affects the price of other coins.
And the current Bitcoin price is the highest because Bitcoin is the oldest coin in the world of Cryptocurrency,
and it is certain that Bitcoin will further develop in the future.

[putriliesma]

Because people want to know what bitcoin is and in the end they buy bitcoin and try to invest but these people are the ones who drop the bitcoin price because they can very easily get a sense of panic when bitcoin prices go down.

[hirokazu]

I think the only reason why everyone is still buying bitcoins is because the price is surely to keep increasing from time to time. Often see the difference in price every year. Exactly, it is perfect for long-term investment.

[Ailmand]

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 am buying because I know that it will go back up in the end. it's just how the market cycle unfolds every time. Bitcoin dumps for months, and then after that, it will again regain what it lost and surge thus doubling or tripling is current value. So, it's mostly just a matter of faith and patience. In this market, those who have both those attitudes would be the one to be successful in the end. It's just a different animal to deal with compared to the other markets that it is similar with.

[SistaFista]

Because most people want a change, and that is one of the main reasons of why we are seeing a lot of bitcoin fans in here everyday. I think that this change is achivable, but it will take some time until decentralization can be implemented

[CryptoLoverz]

In my opinion, There are many opinions as to why many people still buy bitcoins and not just because they compare with gold investments. one of the reasons is that they want to make big profits by just buying and surviving for the long term because they see a lot of potential in bitcoin. That's why many people still buy bitcoin. and they can also benefit by the way they trade. by buying when the market price declines and sells again when the market price rises. they make daily trades, to make a profit.

[iL_P4driNo]

People still buying Bitcoin because they are simply expecting the price will be higher in future and they can make profit.

[jackjones53]

Because bitcoin is a very promising coin, which has a great future! Yes, now bitcoin is experiencing difficulties, but I'm sure that it will grow much higher than the previous level!

[juniorwolf14]

People will continue to buy bitcoin because they believe after holding for some amount of time,  they will make huge profits. And also because of the simplicity of bitcoin.

[chikading2016]

Because bitcoin is a very promising coin, which has a great future! Yes, now bitcoin is experiencing difficulties, but I'm sure that it will grow much higher than the previous level!

People Are still buying bitcoin because they found a new hope on it. And maybe bitcoin is ready trusted and many people around really wanted to buy it for good. They can maybe make some more profit on it in the near future. I believe that it will create a new history bitcoin is really the most profitable coin in the crypto currency history.