Why people are still buying Bitcoin?

[Geljames28]

People are still buying bitcoin because they believe that bitcoin can still give us profit, that bitcoin will stay longer and will recover. Many people believed that bitcoin price will increase a lot in the last quarter of the year.

[Selapesek]

I think because bitcoin for them is still very profitable. Bitcoin is already widely known by the whole world, bitcoin is a digital currency that costs very high, and bitcoin is really promising your life in the future.

[jchav010101]

Bitcoin is risky if we invest but people still know that they have trust in bitcoin. That's why they continue to buy bitcoin.Also they know that bitcoin has good future for them.All we need is a 100 percent trust in bitcoin.

[Denker]

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 5 years I expect Bitcoin to be worth at least $50k!
So when you buy now and plan to hold for the long term, there is imo not much you can do wrong.
There will be a moment where we will say: 'That's the last time we've been below $10k'.
And then 50k is just another step on the way to hit the $100k!

And forget about Silver or Gold! We entering the digital age. And Bitcoin is digital gold! Bitcoin will reach gold's market cap in no time when it hit the knee of s-curve adoption. Bitcoin is also a network! And you hopefully how strong network effects are and how fast networks can grow!!

[NelfiNovita]

of course, because what I know is that bitcoin always rises 2x from year to year, even though for now the bitcoin price is falling but the price of bitcoin 2x is now, so you have to take action quickly when the price is rising so you can profit , otherwise you will be late to get the results you want.

[jpespa]

People are still buying bitcoin because they are the ones who truly believe on bitcoin. Even I believe on bitcoin because I know that this pump and dump in price is already natural to happen. I will stick into buying bitcoin whenever the price goes down.

[onyok]

They still buying bitcoin because they believe that they would have an income from it. They believed it will help them for thier needs as well as wants, they also believed by means of this currency it has a chance to become a millionare in the right time.

[ASHLIUSZ]

From an article came to know about a personality who had mined 7500 btc in a week when there were just six members mining it with normal GPU mining. Just think about the value at present, but he lost the thumb drive that has the private key. Such stories truly make people think about the benefits it can provide if we have trust over it. This is the one that makes the people have hope for the future and continue buying bitcoin.

[olyolali]

investing in bitcoin is actually an asset for the future, why? because the price can not be predicted.
Essentially if you are hoping for a definite and predictable profit you are investing in gold or silver for that you do not expect an abundant profit from bitcoin if you are expecting a big profit with a definite time. just be patient and thoroughly read the market price that makes you rich from bitcoin

[papasunkoh88]

It just because we believe on bitcoin that can change the world,in the near future ,and now its the right time to buy because its cheap,and also more viewers there are involve to bitcoin,either investment or either trading market.

[anitaraymonds]

Many people believe Bitcoin to be profitable and strong even in future. Bitcoin serves them as a store of value in that the value of bitcoin will rise to give them value for whatever it was traded for.

[Jessy Mediola]

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, bitcoin is a good source of income in some ways including buying btc. Remember the technique buy at low price then sell at high value. In this case, you can assure that those.investments will generates profit in you. And it is good to buy now since the value is very low. Which may result a higher income.

[Ararbermas]

Actually mate most holders nowadays in the market already know how the market plays which is after the dip the growth rate of bitcoin will climb again or rocketed , that's why more people always panic buying after the dip which is besides of being so cheap and affordable surely there will be a huge profits in the future.  

[german1080]

intelligent people buy bitcoin because they know that there will only be 21 million btc, instead gold and silver in 5 or 10 years we may discover a huge amount of gold and silver hidden in the earth and consequently the price of gold and

[tonyjon]

Most people buy bitcoin with the desire to sell it profitably in the future. It is considered as a long-term investment. And if you want to buy altcoins, you need to have bitcoins on the balance. Bitcoin as the main and the first cryptocurrency. And all other coins are traded in pair with bitcoin.

[deonyx]

Well we all still buy Bitcoin in a way as long as we trade cryptocurrencies as Altcoins. The idea of trading Alts against BTC is that it indirectly increases the quantity of your BTC making it possible to have more profit when the BTC price moves higher

[btcmura]

You are right to some extent, bitcoins are quite costly now. One can get better returns in case of alt coins now which are cheaper and have more room for growth. .

[BD Money365]

bitcoin is the great project and they bring an awesome technology.Now bitcoin is one of the most profitable platform and people believe in bitcoin,
 so people are still buying bitcoin.

[Iconic Love]

A very long time bitcoin playing an important roll in crypto world.its the most expensive and most popular coin of this world.before some days it was bery expensive like 2000 plus dollar but now its cost came to less than before.forget avout the risk. people are vuying bitcoin untill now because they think that bitcoins price will increase very soon.and if that is they will get. a big profit from it..
tgere are also many reasons ans it has same demand untill noe..
so people still buying bitcoin.

[Mia Wallace]

A wise invester will try to buy bitcoin at the possible lowest price, But the current bitcoin price is +7K USD the bitcoin market is in the bearish trend. people are still buying bitcoin due to its positive characteristics and it is a new form of economy and its concept is against the current economy in which we are following at present.The educated mass of the global community is mostly attracted by the bitcoin to invest suitably to the lowest price.