Why people are still buying Bitcoin?

[Wahyud11]

Because Bitcoin will surely give us profit despite of the high price. Also, it is the most accepted cryptocurrency worldwide. Plus it is the basic coin within the crypto system which is almost a requirement to have some in our portfolio. Another thing is that almost all wallets have Bitcoin as their basic currency to be converted into cash. Which is why people continue on buying Bitcoin.

I think what you say is true, besides profit, users who buy bitcoin want bitcoin to be a legitimate currency recognized by the state, so that the bitcoin movement in the market will be as stable

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[fiulpro]

You are definitely new in this sector and a late investor.
You should know that the price of Bitcoins can essentially double ! In even a month , it's totally unpredictable and gold and silver ? Seriously ?? Gold and silver increase in price no doubt but still you won't be able to double your profit ( my family engages in gold business so I can say I know a little ) , the price of gold and silver increase upto 2%-3% in months and it also goes down, it's in no way can compete with Bitcoins when we take the profit as the sole criterion.

[arjen18]

Because bitcoin is a good coin and also bitcoin is the future and they know that bitcoin has a potential thats why many people are still buying bitcoin and hold it to see their profit after holding it.

[jobel]

Why because they are satisfied with bitcoin.

Bitcoin has become unusable as a currency

Bitcoin transaction fee is currently over $30

There are currently 240k unconfirmed transactions.

It could take a year or two before Bitcoin adopts the Lightning Network (there is no release date or road map).

Bitcoin mining has a massive carbon footprint.

I just can't see much value in Bitcoin anymore. It certainly isn't a store of value. What are your opinions?

[adrianto1995]

They buy because they trust the power of Bitcoin. Bitcoin still has a huge potential in the future. Also, Bitcoin price is still expensive and still profitable to long-term invest because price can be growth sometimes.

many altcoin prices depend on bitcoin price if Bitcoin price decreased many altcoin will follow.

[lamcouz]

When the price of cryptocurrencies fluctuate sharply at any sign of not too good news, do not press the panic red button on your Bitcoin. Remember the Pizza guy!

[parkiabi]

people will never stop of buying bitcoins,,because it has a lot of potential and great value,,

[ParveZ219]

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 an easy way to invest...its electronic...silver cant be kept in your wallets...bitcoin is a currency...silver is not....Everyone will choose that is having more advantage and everytime not the profit.

[Da Cambodia]

People still buying bitcoin If they believe or trust in bitcoin it helps them to solve their problem and it also help for their child's future or for their child's future or for those who are attending a bitcoin.

[First77]

You are definitely new in this sector and a late investor. You should know that the price of Bitcoins can essentially double ! In even a month , it's totally unpredictable

and what is $20,000 to $6,000 for Bitcoin ??

[hrz]

many people are interested in buying lots of bitcoin because everyone knows about bitcoin excess and to get a doubled profit suitable for bitcoin trading the longer hold the bitcoin the more profits that can be.

[Ikpirijor7]

Regardless of whether you favored Gold or Silver there is no certification that they will gain a steady development of 20% to 35% speculations don't have any confirmations and to give you a concise history Silver was esteemed more contrasted with Gold, take a gander at where they are currently? This give as an understanding that later on there are extremely no assurances on what will happen to their costs. What's more, in Bitcoin you don't have to sit tight for it to go to 16,000$ to twofold your cash, you can purchase and offer it even with only a 100 or 200$ cost diminish in increment, you will be astounded on how quick you will twofold your cash in that procedure contrasted with holding up it off on enormous target cost.

[kulitmanggis]

many people are still buying bitcoin because I see bitcoin maish can provide benefits for those who have bitcoin so buy as much bitcoin as you can while bitcoin is still cheap.

[galaxing]

Currently, there are many ICO projects, so many opportunities to make a profit, and I always hope to be successful.
Everyone, including me, says that investing in bitcoin will make a fortune.
Because they believe that bitcoin will provide income that can be expected to cover all its needs.

[AutoBlockX]

First of all, Investing in Bitcoin isn’t like investing in stocks. Why, you ask? Because there is no actual product or service behind this cryptocurrency, it is highly likely that prices may come tumbling down. Despite its volatility, people are still jumping onto this bandwagon.

You should never invest more than you can afford to lose – that’s right. Bitcoin isn’t a one-all-answer for your investing needs. Since there is no authority governing the buying, selling and production of Bitcoins, it is highly likely that the market can crash at any given time.

The primary reason why people buy Bitcoin is because of rising prices. Obviously, people see it as an investment opportunity. They buy, hold it and sell when the price goes higher.  However, prices can go up or down by 30% if a lot of people start to trade.

The second reason why people are buying Bitcoins – simply because everyone else is. It’s the new trend. However, it is yet to be determined whether this trend will last or fade.

[iqlimasyadiqa]

Bitcoin is a very penomenal requirement nowadays. Bitcoin is used as a tool of financial transactions and also as an investment. it has been what causes bitcoin as the most needed thing in the world of digital currency. For comparison I would like to associate with Etherum. Look at the volume of transactions you have, very far away and that means showing that Bitcoin is a thing that is in great demand and has been trusted by the crypto world.

[Christian_k]

because investing in bitcoin will get a more profit. there are many ICOs projects, so many opportunities to make a profit.

[hh4mmm]

Investing on up coming ICO is more reliable compared to btc because the price of btc is moving downwordly with increase.
Sometimes there is profit in btc but now the market is down I don't really know what to do

[buahkudu]

Why do people still buy Bitcoin?
people will be interested in buying because it takes, not unlike with people who buy bitcoin at this time because people need bitcoin.

[dinah29]

A lot of people now wanted to have Bitcoin that is why they keep on buying Bitcoin. Aside from that, the Value of Bitcoin is really Big and have a great assurance that the price will get higher. Bitcoin has a greater value compare to other currency.