Why people are still buying Bitcoin?

[Bitcoinnumberone]

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 know the value of bitcoin. The number one crypto in cryptocurrency industry, the most trusted crypto. Bitcoin is long term investment people believe the future of bitcoin will be great, There's a potential that bitcoin will increase twice than the value last year.

[yanimkurniawan]

yes, of course we will still buy bitcoin when the price falls, then we hold the next few months with good price we got better profit I will sell it.

[Gyromancer]

One that I underline why so far there are still many people who buy bitcoin because of the popularity of bitcoin. The name of the more famous bitcoin makes people curious. Especially if in the past bitcoin  was excellent because it produces quick and amazing benefits. Of course, people do not think long and immediately follow the trend to buy this bitcoin. But if we look at other crypto currency then there is a more sophisticated crypto currency than bitcoin but its position is under bitcoin. This is back to the popularity factor that makes bitcoin increasingly rising.

[jenilyn]

Even me I buy bitcoin to get profit and buy my needs. Investing in bitcoin is the best now and most people know it. It will help us.

[Big Show]

Regardless of what and how the calculation of profits, in the future bitcoin will be in need by the users. plus now many stores that add bitcoin as one of the payment options. Could be bitcoin would be a lifestyle and necessity. therefore, people are still buying bitcoins.

[cryptojaani]

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 ??

People is still buying bitcoin because they trust and beleive bitcoin...they think buying or investing here is one way to have greater life and one of the succesful person....As we know bitcoin also is the most profit and trusted  cryptocurrency in our society and theres no doubt bitcoin will be rise in the next year.....

Yeah that's not  big deal. If you truly understand bitcoin, you will definitely invest on it. Its not a question of "why" the question should be how much we are willing to spend on bitcoin investment. Almost everyone are expecting bitcoin to increase this coming December. The price today is what majority of us are waiting for. Buying bitcoin at a low price lowers the risk of losing money and increasing the probability of earn. Just do the math and you'll know.

[yudif]

The current price will appear huge because you compare it from the point where it started. But you are not thinking about future, there is still lot of growth opportunity for bitcoins. However, you are correct that some of the alt coins can give better returns than bitcoins with short term investment.

but, we should not forget that bitcoins also come with additional safety as all other alt coins depend on it.

[Wulanayu]

Of course because bitcoin is an easy investment, practical and very profitable.
investment by way of trading I think that is very provit because we do not need much capital just stay monitor and move a little nimble to quickly get profit.
Bitcoin has full confidence in terms of short-term and long-term inbestasi, it is believed because the history of bitcoin traces from the beginning until now so not in deny if more and more bitcoin investors in the present and future.

[Plixs]

Bitcoin is the world's first electronic currency and it is also used for exchange for altcoin. So if everyone wants to buy Altcoin, then everyone must buy BTC, then you can exchange Altcoin that you want.

[Akichiva23]

Bitcoin is still attractive to a number of people despite the fact that its value has dropped tremendously, most see this as an opportunity to invest on this great coin and sell off for profits once it gains proper value, we have seen BTC gain value over time, and there is a possibility that it will recover again, people buying are anticipating for this time

[rjsmith]

We love bitcoin and the trust that they giving is very high thats why they cant stop in buying bitcoins.  Another thing that ive notice is they see bitcoin is very profitable.

[nguyenhai17]

In spite of bad news about bitcoin, people still buy bitcoin because they believe bitcoin's blockchain technology can make a high price on the market, while investors continue to invest because they believe in bitcoin. On the other hand bitcoin is now a top coin on maketcap

[DragonCoinZ]

The mainstream media are spreading still fud news about bitcoin and cryptocurrencies, and the people are still continue to buy them. So what do you think what this means? It means that the people are still believing in cryptocurrencies and the blockchain technology. Thats a very good sign for us!

[imyashir]

why are people still buying bitcoin? They are people who believe in bitcoin ability and they also believe that bitcoin is a huge future in our world not just in a country. Many countries also support Bitcoin. If you ask me to buy a bitcoin if its prefix is ​​playing at 40k to 50k $?

[crazy-pilot]

People keep buying the bitcoin because they are aware of the advantages that it has so those who are dedicated to this industry will definetly get their profit and experience financial freedom by making enough money just with their investment portfolios.

[ajoygb]

People continue to buy bitcoin because they believe on it and they trust the bitcoin.

[Gotumoot]

The mainstream media are spreading still fud news about bitcoin and cryptocurrencies, and the people are still continue to buy them. So what do you think what this means? It means that the people are still believing in cryptocurrencies and the blockchain technology. Thats a very good sign for us!

They're still believing on bitcoin even if there are many bad news spreading about it because of its potential to grow again and again and bigger than last years price. Because bitcoin is volatile and its normal. We just have to trust and wait patiently for its increase because i believe that it will be bigger again before the year ends just like the past years, and i also believe that it will be much more bigger in the coming years.

[ulakudrakova]

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.

You're trying to impose your point of view on everyone. What for? People earned on the cryptocurrency and will earn. All who understand what bitcoin is and how to earn on it, they will do so. Buy ICO tokens, mine coins and participate in bounty companies.

[ruski]

People are still buying Bitcoin because they believe it is the most powerful and promising crypto currency right now, and they think that its price is going to increase highly in the future, so after a while of holding they can selling their BTC for higher rates and making good profits.

[sukoyomi]

because many people believe in bitcoin. it is true that you mentioned. as we all know, bitcoin is a kind of long-term investment, so it must have the patience to do it. and bitcoin is the type of future trade.