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Author Topic: Why people are still buying Bitcoin?  (Read 3017 times)
callmeback
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May 28, 2018, 05:13:25 PM
 #121

Well because there hoping that bitcoin will rise in this upcomming months and i hope it will come, i dont want bitcoin to come to the end. If i have the power i will voluntarily buy bitcoin if i can. If you manage to buy bitcoins at the lowest possible price, you are not just a wise investor, you will be an extremely rich investor. Since that is not possible, you will have to buy at different price points. And Bitcoin has the same problem. Firstly Bitcoin mining is a long process. Secondly, the amount of bitcoin is limited. Therefore, maybe Bitcoin will follow in gold footsteps.
kadutz25
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May 28, 2018, 05:15:26 PM
 #122

I think why people still buy bitcoin I think they can predict bitcoin because bitcoin prices go up and down indeed if in gold appeal, gold has been popular since ancient times but gold growth is not that good but in bitcoin if we buy when bitcoin the price is at that level low and we sell it back when bitcoin prices go up and are at a high level of course we can get a lot of profit from bitcoin sales and that's why I think people are still buying bitcoin because bitcoin can be made as a source of income and can give us a big advantage Wink
pilnenkii
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May 28, 2018, 05:30:03 PM
 #123

Hello. At the moment, bitcoin became very strong at the hearing. And many people trust this coin and invest in bitcoin. And I'm sure that this coin will make a big profit.
Taronet-division
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May 28, 2018, 05:38:38 PM
 #124

they believe and they will continue to do so. they've got what actually happens to bitcoin in their view. so, they will be sustainable. the price down makes them buy and the price goes up makes them sell it
karloscimot
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May 28, 2018, 05:41:13 PM
 #125

because they still believe and believe that bitcoin can add and help their economic life.
at least we have a business no one has to branched out in both the real world and digital

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Bodik1710
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May 28, 2018, 05:42:25 PM
 #126

People are still buying Bitcoin because it is our future.Without Bitcoin we will die.We can earn a lot of money with Bitcoin!!!And I am happy that I can do it.
Zainal-baguz
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May 28, 2018, 05:46:43 PM
 #127

# because they want to be successful people like people who first invest in bitcoin.
# to supplement income earned money for the cost of their family life.
# because they put great hopes on bitcoin to make them millionaires.

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HarrisonErnest
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May 28, 2018, 05:50:42 PM
 #128

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.
Crypto market is unpredictable. A coin that is lower in value right now can rise at a greater speed in future. Therefore, everyone should buy Bitcoin. It is the latest trend which almost everyone is following. PRG, BTC, LTC all will be giving greatest returns in future.
logangbit
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May 28, 2018, 06:00:03 PM
 #129

After publishing bitcoin it does a great effect on crypto world.and from that time this coin is very popular than any other coin.and its holding the 1st place of crypto coin because its the highest in price.
though some days ago it price has became less but untill now people have a lot of expectation about bitcoin.because bitcoin is untill the highest in price than other coins and it has a huge demand on public thats why people arre still buying bitcoin..
berrieswithwine
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May 28, 2018, 06:02:45 PM
 #130

Every aspect of life changes with the development of the internet, and of course, technology. People can work from home more easily, buy stuff online, use real money online or even find a date without leaving their home. Social and work life are adjusting to the use of the internet, and in the middle of all of this is the financial aspect of life. Money reserves are often saved in gold, but in modern days that’s not very practical so it’s easy to understand why something new will come. Bitcoin and other cryptocurrencies are novelties that can replace gold. Of course, there are many other reasons why people believe in Bitcoin, but the premise with which they begin is that the future will be made out of digital currencies. And if we listen to our common sense, it’s not too far-fetched.

If you consider the fact that a digital currency might make a jump forward sometime in the near future, Bitcoin’s features can make some believe that it will be a main cryptocurrency for the following reasons. First of all, Bitcoin is the currency of the internet and unlike real money, Bitcoins are issued and managed without any central authority whatsoever. Second, for this reason, it is more resistant to wild inflation and corrupt banks. Third, from the beginning of the year, Bitcoin has consistently risen in value. That’s surely what makes people have faith in Bitcoin.

One thing should be noted - people who believe in Bitcoin the most are people who invest in Bitcoin and people who invest in Bitcoin are mostly not professional investors. So, one of the reasons for believing in Bitcoin is not it’s characteristic, but the characteristic of the people who believe in it.

On the other side, there are experts who have more grounded reasons to believe in Bitcoin, and that gives other’s a sense of legitimacy. The future is always uncertain, so it’s safe to say that maybe Bitcoin will be a long-term success. If that happens, the current believers will probably make more profit.
AlexAce420
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May 28, 2018, 06:15:28 PM
 #131

In my own opinion, people still buy bitcoin because they have faith in bitcoin and they believe in the power of bitcoin. People have been investing in bitcoin in the hope that it would pump hard in future and it would be profitable for them. That's why many people still buying bitcoin.
Kalm
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May 28, 2018, 06:17:25 PM
 #132

Now most of the people buy the bitcoin for the future saving. Bitcoin prices is any time to increase. So most of the people like the bitcoin for the future invest. It best coin for invest. People hold the bitcoin and wait for the price increase. If price will be increase sell on time. So people invest in the trading. Bitcoin is help to gather more business information. So it help to business improvement and get the new project information.

pratik009
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May 28, 2018, 06:24:32 PM
 #133

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 $1.
Bitcoin is the first cryptocurrency and we can also say that bitcoin is king of cryptoworld. Bitcoin price fluctuate too much at evry second.if you seen the last few month than bitcoin crossed upto the 22000$ and before some weeks the bitcoin proce flucuate 3000$ in only one day.Now you can compare the bitcoin and gold or silver. We can easily get more profit from the bitcoin.And btc is trustworthy so people arw still buying bitcoin.
Suffoc8
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May 28, 2018, 06:40:44 PM
 #134

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 and still investing to bitcoin and other cryptocurrency because they are believing to the ability of bitcoin, they have a faith that it can go higher in near future because there are lots of people that think that bitcoin will help them to get wealtheir.

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Bitcoinismylife12345
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May 28, 2018, 06:43:29 PM
 #135

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.
It is because bitcoin even in its critical state can give a profit for all of us. There's a lot of ICO's project going out there and it is giving us a chance to get earnings from every of it, however, bitcoin users known the risk when they'd start investing on it. It is like a gamble and you must just play the money you are ready to lose.
Gigotto
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May 28, 2018, 06:43:56 PM
 #136

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 $1.
Bitcoin is the first cryptocurrency and we can also say that bitcoin is king of cryptoworld. Bitcoin price fluctuate too much at evry second.if you seen the last few month than bitcoin crossed upto the 22000$ and before some weeks the bitcoin proce flucuate 3000$ in only one day.Now you can compare the bitcoin and gold or silver. We can easily get more profit from the bitcoin.And btc is trustworthy so people arw still buying bitcoin.
yes i agree with you pratik009., one of the think people love is trust and bitcoin is trustworthy. because  they believed that it will them rich.
Kupid002
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May 28, 2018, 06:46:09 PM
 #137

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 $1.
Bitcoin is the first cryptocurrency and we can also say that bitcoin is king of cryptoworld. Bitcoin price fluctuate too much at evry second.if you seen the last few month than bitcoin crossed upto the 22000$ and before some weeks the bitcoin proce flucuate 3000$ in only one day.Now you can compare the bitcoin and gold or silver. We can easily get more profit from the bitcoin.And btc is trustworthy so people arw still buying bitcoin.
And by the name we can be able to say that everything about it is may have to be the good one to try on bitcoin are tested that this is a legit one.

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Mekmbem
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May 28, 2018, 06:48:26 PM
 #138

because bitcoin is a future coin and bitcoin is great for investment, bitcoin always grows bigger every year and promises great benefits to every bitcoin holder Smiley
JeffreyBasil
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May 28, 2018, 07:06:59 PM
 #139

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 have seen coins like EOS, TAU etc working like a pro and giving satisfying gains. Thus, people want to keep investing in Bitcoins.
mycomike12345
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May 28, 2018, 07:07:37 PM
 #140

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.

I agree, because they really believe at bitcoin that they can earn by just investing then hold. Much more now that bitcoin are at a low price many of them will continue to invest at bitcoin and hodl. Bitcoin is the first cryptocurrency and the first coin trusted by people, they also called bitcoin as the king of cryptocurrency.
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