Why people are still buying Bitcoin?

[First77]

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.

[hdtqisg]

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!

[First77]

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 ??

[ManaMan]

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.

Most of the people buy it because of the hype and speculation in place. Which means if everything plays out right you would not have to wait 5years for it to hit 16k$ but less time. However that's why bitcoin is seen as an investment with high risk. Other people might buy it because they use it for other purposes rather than speculation. So you either buy bitcoin because you believe in it, you are using it in one way or because you like to gamble.

[Harlot]

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. And in Bitcoin you don't need to wait for it to go to 16,000$ to double your money, you can buy and sell it even with just a 100 or 200$ price decrease in increase, you will be surprised on how fast you will double your money in that technique compared to waiting it off on big target price.

[zalizoll]

Because they have believed that bitcoin will provide an income that can be expected to cover all its needs.
Fluctuating bitcoin makes the fans can not move to another heart.

[crazymelons12]

It is because many still wanted to earn from investing in bitcoins. It is for them an opportunity to easily earn money especially during times when bitcoin prices starts to go up after it has fallen down low. But others also had bad experiences due to bitcoin being so unpredictable. But if you should just hold longer it will go up again though it would take so much time.

[kwarto]

we cant stop those people who want to buy BTC because as of today its the most profitable coin in the market. you may not earn 100% in a just a month but you could earn a thousand money in just couple of days if you have big capital it will also means big profit.

[First77]

And in Bitcoin you don't need to wait for it to go to 16,000$ to double your money, you can buy and sell it even with just a 100 or 200$ price decrease in increase, you will be surprised on how fast you will double your money in that technique compared to waiting it off on big target price.

Ripple goes from $0.60 to $6 there is 10 times more money.

[burakdat]

Well we could not be sure if your speculation is right. As we all know the bitcoin market price before drop to 6K USD in the last march and now gaining i guess the baseline is already 7K USD. This is one thing that made bitcoin made a lot of difference from silver and gold. If you will going to compare the market price increase it will clearly be identify that bitcoin has a lot of market increase than silver and gold. So i guess your speculation of the bitcoin market price increase in the next five years is wrong.

[ghost07]

They 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.

[HelenS]

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.

A very reasonable answer!

[judel_2018]

And in Bitcoin you don't need to wait for it to go to 16,000$ to double your money, you can buy and sell it even with just a 100 or 200$ price decrease in increase, you will be surprised on how fast you will double your money in that technique compared to waiting it off on big target price.

Ripple goes from $0.60 to $6 there is 10 times more money.

Becàuse the price of the market is fall down. It is an oppotunity of the people buy some bitcoin and hold for lo g term and it will use it the needs of the future.

[Haxor321]

It is simply because they are the true believer and supporters of bitcoin and they really trust it's platform and it's system so even it experiencing a lot of downfall they still believe that it will making it's way to rising up again therefore it's continuously makes benefits and opportunities to us.

[emmybd]

People are still buying bitcoin, as they have faith in bitcoin. 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.

[nipunchathu123]

We can buy altcoins from bitcoin. Some altcoins have very great and interesting projects. Some of these altcoins we earn huge profits like 400%,500% sometimes 1000%, 2000% within 1,2 months. Not only from altcoins but also from icos we can earn huge profits. In this year also there were some ico projects that investors earn 1000%, 2000% profits within 2,3 months. Because that, people are still buying bitcoins.

[ShadowBits]

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.

Sometimes people just buy because of the hype and they want an easy money with Bitcoin. They don't care about the project and potential about it. They all care about the money.

[wormgummy019]

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 my own opinion, people still buy bitcoin because they have trust in bitcoin. They believe that if they buy bitcoin, their money will gain profit. They need a lot of patience before they get a lot of profit because if they sell their bitcoin immediately they will get a low profit or they may loss money. They still buy bitcoin because they believe in the power of bitcoin.

[Sab11]

There are alot of opinion why many people still buying bitcoin i think for me one of the most reason is they want to earn huge profit by just buying it and holding for longterm because they see a lot of potiential in bitcoin. Thats why many people still buying bitcoin.

[bitcoinskyrocket09]

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 it is because many people still wanted to earn from investing in bitcoins. It is also an opportunity to easily earn money and especially during times when bitcoin price starts to go up after it has fallen down low. And people also want to just hold longer their bitcoins then wait for it will go up again though it would take so much time.