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Author Topic: Why people are still buying Bitcoin?  (Read 2966 times)
SBBEV8
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May 31, 2018, 06:26:03 AM
 #581

well, the price of bitcoin can unexpectedly sky-rocket to give it's investors a huge profit. That's why
droptableguy2
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May 31, 2018, 06:28:42 AM
 #582

People are still buying bitcoin because they believe that this will give them good investment opportunities in the future. Btc is very risky but has greater chance of giving you higher returns especially when the exchange rate favors your side. You will earn high profit and you can now use this either for your daily needs/wants or invest the money again. 
Yes, but they still accept and hope to make a profit in the market. I, too, know that the price of BTC fluctuates frequently, fluctuates in any direction no one can predict, but I still buy and hold them. I believe that in the future they will rise and I will sell for profit.

yhan2x
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May 31, 2018, 06:28:59 AM
 #583

other people are still buying/investing bitcoin, expect me. investing bitcoin gets better profit, since i start on using bitcoin, i participate many kinds of ICOs projects, there are more better benefits to earning more token and get huge fiat to exchange.
First77 (OP)
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May 31, 2018, 06:30:43 AM
 #584

well, the price of bitcoin can unexpectedly sky-rocket to give it's investors a huge profit. That's why

Silver can go to $80/ounce. That is 400% profit.

For Bitcoin selling begins at $20,000
jobel
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May 31, 2018, 06:32:54 AM
 #585

Many people now are buying Bitcoin because they know that Bitcoin value will become higher as the number of Bitcoin users will become higher. They wanted to safe some Bitcoin now and change it at the right time when the value is good enough for them. Many people now already informed about Bitcoin and wanted to have it.
lekleklek
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May 31, 2018, 06:34:37 AM
 #586

People are buying bitcoin almost purely because they expect it to go higher ... speculation.
cutecute
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May 31, 2018, 06:43:33 AM
 #587

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 people are still buying bitcoin because they know that they can be successful and rich buy it. Actually there are so many people that their life is stable now because they are working here in bitcoin. I'm also agree to others that they are buying it because they wanted or expecting that the price of it become higher.
JRDuran
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May 31, 2018, 06:49:12 AM
 #588

Because of the volatile moves of bitcoin this makes people gets interest, of course it is very risky that is why some investors buy btc when it is at Dip period. 100% of profit sometimes takes only few months and if it takes for five years, still this doesn't matter as long as profit is sure.
letua
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May 31, 2018, 06:53:55 AM
 #589

Bitcoin is good to hold for a long time that's why people still buying bitcoin because they have their own perspectives regarding the future use and price of bitcoin.
charlemagne_15
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May 31, 2018, 06:55:16 AM
 #590

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 are hopeful that it can be their life changing. Since bitcoin us starting to be well-known, maybe they were encourage to try it out due to they believe that it can be their asset and they will gain a lot of profit and money. They still buying it because bitcoin can be a way to their success and becoming rich. We all know that most of the bitcoiners are now financially stable.

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SnapDown22
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May 31, 2018, 06:56:22 AM
 #591

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.
for the problem of yields and profits it may be we can choose which investment is profitable and which makes the losses of all those options is up to the investors if any investors who still will buy it may be confidence and investor confidence with bitcoin
Hallmader
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May 31, 2018, 07:00:50 AM
 #592

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.

This is not a good way to present the facts. Bitcoin is expensive. That is correct. But you are not forced to buy a single Bitcoin if you do not have enough money. It is always available in Satoshis. As for the price appreciation, both gold and silver cannot equal Bitcoin's growth every year. If the annual growth of gold or silver is only 20% to 35%, Bitcoin's is in the thousands. Check the historical data please.

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yousuf123
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May 31, 2018, 07:03:39 AM
 #593

Even if you preferred Gold or Silver there is no guarantee that they will earn a stable growth of 20% to 35% investments don't have any assurances and to give you a brief history Silver was valued more compared to Gold, look at where they are now? This give as an understanding that in the future there are really no guarantees on what will happen to their prices.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.
KuyaBreezy
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May 31, 2018, 07:10:26 AM
 #594

Because they believe in BTC, believing and trusting in a coin is one of the best things there can ever be, there are lots of other coins out there but the moment you focus on one coin and believe it will get you returns and it actually has the capability to then there will be no stopping it, people BUY BTC because they have seen what it's capable of, the struggles ithas gone through and it still strongly at the top, I believe BTC still have a place in the market

cowboy1212
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May 31, 2018, 07:14:58 AM
 #595

Bitcoin is the most popular cryptocurrency in the world and its price is increasing fast day by day.  I am sure bitcoin price in the future can bring benefits for those who buy bitcoin.
audreyking.king
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May 31, 2018, 07:20:02 AM
 #596

Because Bitcoin will surely give us profit despite of the high price. Also, it is the most accepted cryptocurrency worldwide.  I'm still investing in bitcoin for the long term.
rinkeshkashyap01
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May 31, 2018, 08:23:38 AM
 #597

Every investor wants to invest in bitcoin because he expects bitcoin to come to the sky in the coming days. That's why people are buying bitcoin. And this is a profit deal, which is the fall of bitcoin at this time.
CaptainKid
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May 31, 2018, 08:32:05 AM
 #598

If you invest in bitcoin in the right period, then perhaps you can make a profit the next day, as prices change very quickly and the popularity of bitcoin grows. In addition, the amount of bitcoin will be limited in the future.
4rzun4
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May 31, 2018, 08:37:46 AM
 #599

That causes people to still buy bitcoin of course because they still believe in bitcoin. they still believe that bitcoin will give them a big advantage and they still believe that a good future hope they will get through bitcoin.
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May 31, 2018, 08:51:13 AM
 #600

People are still buying bitcoin because everyone know that bitcoin will increase very soon so in this dip everyone want to buy a bitcoin and after end of dip they got a large profit.
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