Why people are still buying Bitcoin?

[budakjawa]

many are still buying bitcoin because by using bitcoin they can make payments in the internet world easily and not afraid to be stolen because it is safe.

[jerix]

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 people still buy Bitcoin because they still believe completely in Bitcoin. They believe that if they continue to hold Bitcoin, they will gain huge profits and even they will become rich. I am the same. I am still buying and investing in Bitcoin because I believe that Bitcoin will give me many benefits and be a promising investment asset for the future.

[Earthwood]

many are still buying bitcoin because by using bitcoin they can make payments in the internet world easily and not afraid to be stolen because it is safe.

One thing is for sure why do people still buy bitcoins, that’s because of its price. Even if it’s experiencing fluctuations over time, the value of it still high enough as to compare with traditional cash. And to think that bitcoin is the most valuable  when it comes to price among other type of cryptocurrencies. It is still worth your investment and for sure you will earn as much as you can.

[jhache]

Why would it take 5 years for Bitcoin to reach $16k, when in fact bitcoin has almost doubled in price every year. Are you some kind of astronomer that you can predict Bitcoin prices. Also there are many people in this world who don't know about Bitcoin and are most likely tempted to invest in it when they realize about the potential returns it could give. 

[Alice_in_cryptoland]

if people still buy bitcoin why it's still falling? quite illogical. i suggest we have right now opposite situation. and it's sad and i don't believe anything will change in the nearest future or even at all (

[First77]

Why would it take 5 years for Bitcoin to reach $16k, when in fact bitcoin has almost doubled in price every year. Are you some kind of astronomer that you can predict Bitcoin prices. Also there are many people in this world who don't know about Bitcoin and are most likely tempted to invest in it when they realize about the potential returns it could give. 

$1000 to buy one Bitcoin and

$8,000 to buy one bitcoin, that is lots of "money difference"

[Jenits]

I think the reason why some of people are still buying because they believe in bitcoin because investing in bitcoin is worth it and a good decision to ensure your profit and become  x10 or higher.

[Unsmart boy]

Because, they think that bitcoin can once again change their fate. Bitcoin is still buying a lot of people, investing a lot. Bitcoin's price was $ 2k in may of last year. But that price of bitcoin crossed $ 7k in the 1 year interval. So, people are now buying a lot of bitcoin's dumped price. They think they will get lot of benefits in the middle of 2 to 1 year.

[hasbihafis]

in my opinion bitcoin is still a promising business to date, from an article I've read, A number of experts and geek IT world consider the negligent government that resulted in economic turmoil. The concept of Bitcoin is also believed to continue to rise given the rapidly growing digital world and ever-increasing demand.

[Happydd]

Because bitcoin is a great value digital currency. The bitcoin market is booming. Many countries are promoting bitcoin development. Bitcoin is still profitable for investors. So many people still buy bitcoin to make their future better.

[Kurukungkwang]

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.

Because the price is fall down and it is the opportunity of the people buy more Bitcoin and they used for their investments.

[Zainal-baguz]

because they believe and believe kalou bitcon can change the economy of their destiny
in the near future.

[airdnasxela]

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.

Maybe it is because of what bitcoin can bring.  Yes,  the primary reason or purpose of those people who invest on bitcoin on why they invest is to earn money, but they are also after on the different functions of bitcoin or what it can do. They are also after on the store value of bitcoin, on how it can be used in transactions smoothly or its convenience, to name some.

[nicko122]

Bitcoin has already shown good results and made a profit to its investors. Therefore, people still invest money in it, because you can still make good money on bitcoin. I think the same thing awaits us in the future, since I am sure that the cryptocurrencies will only become more popular.

[iagyei259]

I disagree that bitcoin will take five Years to double in price. Historical price show each bitcoins price doubles or triple.

[josiagithinji]

Hi,
I believe people have still faith in the bitcoin and the believe as we heard towards the last half of the year the prices will raise.
Towards the end of the year the price will increase more than ever before.
Its a hope against all hopes

[insikko0413]

I disagree that bitcoin will take five Years to double in price. Historical price show each bitcoins price doubles or triple.

Many people today are buying crypto most especially in bitcoin its because the market value of some crypto today is dropping and believed this is the best time to buy.

[blizzard31]

they see bitcoin as a valuable thing, even its value decreases, the position and where it is in the market will never replaced unless there is a cryptocurrency that has a greater attribute than bitcoin. People still patronizing bitcoin because majority of investors still believes in this crypto.

[Shiversnow]

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.

There are many reasons why people still buying and investing in bitcoin. I agree that they love and they have trust on bitcoin because they know it is not scam and they get many benefits from it. Furthermore, I will also keep on buying bitcoin because I know it will help me to get more profit.

[markk94]

Yeah people would still buying this amazing bitcoin. All of investment are good for me, there are people that try to compare one investment to each other, including me. I tend to split my fortune into some investment, rather than just one investment.