bitcoin31
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June 01, 2018, 11:12:01 PM |
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A lot of people are still buying right now because they believe bitcoin increase again. Even the price is very high they will get some profit but if you invest big invetment your money that possible you get is very high like double upto fifth your money it depends how much the price of the bitcoin.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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abhi777
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June 01, 2018, 11:14:52 PM |
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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.
many investors are convinced and believe in bitcoin so they are still buying bitcoin despite the low selling price it seems to me
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Chooroz
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June 01, 2018, 11:23:39 PM |
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Easy to understand. there are many people have gotten profit when hold BTC from 2008. So, the new comers also wanna earn money when holding BTC
A lot of people is still buying bitcoin because they know that bitcoin can help them to became very profitable and to be really successful here in crypto and tha value of bitcoin can really became high because it is the best cryptocurrency.
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anhzaibro
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June 01, 2018, 11:33:50 PM |
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Easy to understand. there are many people have gotten profit when hold BTC from 2008. So, the new comers also wanna earn money when holding BTC
A lot of people is still buying bitcoin because they know that bitcoin can help them to became very profitable and to be really successful here in crypto and tha value of bitcoin can really became high because it is the best cryptocurrency. Many people still look at record prices early this year and are still thinking of going higher.
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MISERICORDAE PROJECT
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ONNI COIN! The New Paradigm!
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June 02, 2018, 03:05:39 AM |
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People who bought Bitcoin when the price was £500 are in 'jubilation' because the price went up by more than 10 times, when we consider the current price of about £5000.
At the last quarter of 2017, the price of Bitcoin went up to around £12000. From analysis, people have come to the conclusion that such a peak price fluctuation is possible and was actually attained. So people who continue to buy at the current rate believe that Bitcoin is likely to go up by 3 to 10 times or even more. They anticipate to be in 'jubilation' in the same way as people who bought Bitcoin when the price was £500. It is highly speculative but may come true. It important to note that the factors and players involved in Bitcoin today are not very much same as when it was £500.
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henlord
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June 02, 2018, 03:09:18 AM |
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People still and will be bought bitcoin for the hope to earn profit when its value increase its called trading exchange. I also bought mine and keep on hold until the valur of bitcoin getting high for me to sell it and that include the profit from the amount increase during that period.
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Df9898
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June 02, 2018, 03:12:59 AM |
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because the value of bitcoin is rather stable and can be increased and its popularity is incredible.
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kingkonjac
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June 02, 2018, 03:21:31 AM |
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the reason is that btc don`t need 5 years to become 16k as we all have seen in January it has reached 20k within a very short time period, and the mentality is if it has made once why not once more.?
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Janpura
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June 02, 2018, 03:42:59 AM |
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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 $1.
There's a lot of people still buying bitcoin because we are still hoping and believing that in a future bitcoin will rise up again and we still support bitcoin for it is a profitable and it verry usefull in a future.
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marcous
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June 02, 2018, 03:50:02 AM |
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maybe people are still many who think positively that the future bitcoin is still bright. more and more demand will be more expensive, hopefully, so as happened in 2017. and many investors or traders who believe the moment will be repeated again.
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kawsarbapari9
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June 02, 2018, 03:55:38 AM |
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people are still buying bitcoin because few days ago 1 bitcoin rate was 16000$ something but now its price 8000$ something for this reason i think people are still buying Bitcoin. after few days later i think the price of bitcoin will increase a lot.
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bstewart
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June 02, 2018, 03:55:56 AM |
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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.
Generally you are correct. But I think many people choose to invest in bitcoin because it is morenofba conservative approach in a super volatile market.
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sadsNDJ
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June 02, 2018, 04:06:48 AM |
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Good Day! Well, for me those people that still buying bitcoin even until now that the price goes down are those who still believe that bitcoin will still stand and rise again. And by the time even me believe that once it rise again it will really return all the loss that we've experienced.
I firmly believe too that since it is volatile, we could not still rely on what its value right now cause maybe later or sooner it will goes up.
That's how it work tho. People right now grab the opportunity to buy bitcoin because in the near future it might result a good one.
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maemunah
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June 02, 2018, 04:07:43 AM |
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because bitcoin is reliable and still profitable for its users. so bitcoin is now adding to the demand and many are investing their money in bitcoins because they believe that bitcoin is a lucrative and promising investment venue
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ilovefeetsmell
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June 02, 2018, 04:24:06 AM |
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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.
The longer the better, if you hold your bitcoin longer, you will get the unexpected price rather than expected price. If I were you don't spend your bitcoin too much, it is better to use the fiat money to buy altcoins rather than bitcoin.
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Azkabal
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June 02, 2018, 05:02:04 AM |
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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.
Power of Hope!!! No, it is just a power of propaganda, that's make many of people buying it by the prinzip of "wow, so many people have made profit on that thing - i must do it too -> cause it will go up to 20000 again!" Summary: those people losses their money=)
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coinholic
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June 02, 2018, 05:27:41 AM |
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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.
Click link below for a short insight. https://www.quora.com/Why-do-people-still-invest-in-Bitcoin-when-the-days-of-striking-rich-have-already-passedPersonally, I think that people have this belief that despite the high price, Bitcoin still has the potential to grow further as demand continues to increase. But there may actually be some truth in this especially for the big players. For the small players, probably not so much.
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kuto
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Semi-Decentralized Exchange
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June 02, 2018, 05:41:11 AM |
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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.
Click link below for a short insight. https://www.quora.com/Why-do-people-still-invest-in-Bitcoin-when-the-days-of-striking-rich-have-already-passedPersonally, I think that people have this belief that despite the high price, Bitcoin still has the potential to grow further as demand continues to increase. But there may actually be some truth in this especially for the big players. For the small players, probably not so much. People still believe in Bitcoin because they trusted it. It will rise even the market is in red status. Bitcoin has a future to go further in the cryptocurrency world market. Greater opportunity is coming to Bitcoin that's what they believe.
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Arrazi1507
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June 02, 2018, 06:05:49 AM |
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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.
thats why people buy bitcoin, they think if buy bitcoin will get profit faster than gold and silver they can get profit 100% in a year if the price of bitcoin stable I think some people know trading on bitcoin need more patient and experience in trading because trading bitcoin have a big risk
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pavel08
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June 02, 2018, 06:08:37 AM |
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many people now buy not only bitcoin but also the top altcoins and keep them for several years and earn good interest
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