Why people are still buying Bitcoin?

[CGPA]

Some peoples are still buying Bitcoin, Because they are very hopeful about it's future price. And I'm also one of these peoples.

[jake zyrus]

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.

?
Yes, I agree of that people still buying bitcoin cause they want to earn, and they collect bitcoin when the value is dip and they hold and wait the right time to sell it. People continues buying bitcoin and continues investing for continues earning of high profit.

[jejerosie123]

It is simply becuase they can earn high profit. There is no other cryptocurrency same as Bitcoin now. That's why Bitcoin trusts by many people around the world to earn more money. And I need in the future many will invest Bitcoin.

[BarbieCasino]

Because people know bitcoin will rise and rise with the passage of time. every one know bitcoin have high volatility and bitcoin investment give in return highest profit. i also invest my money in bitcoin when the price was 16000$ and i know in one year i will gain 100% profit because bitcoin community are increase day by day and the price will hit 50000$ at the end of this year.

[Ale88]

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'm sorry but who says bitcoin will go back to $16k in 5 years? And if at the end of the year BTC value is like last year what would you say?

[First77]

It is simply becuase they can earn high profit. There is no other cryptocurrency same as Bitcoin now. That's why Bitcoin trusts by many people around the world to earn more money. And I need in the future many will invest Bitcoin.

I read that, Ripple is heavily centralized, working with big banks and money transfer companies like Moneygram and Western Union. Ripple is $0.60 and it will be $6 to $60 in 1 to 4 years.

[ubander]

why people still buy bitcoin because it's the chance to get a bitcoin because the price is low today so we need to buy and hold a bitcoin

[Genamant]

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 want to earn and not everybody can afford to buy a mining rig. People also buy bitcoin so they can trade and trading can be very profitable if you know what you are doing. And people also know that this is the new in thing.

[pendekar cinta]

I think because bitcoin itself has a very big prospect for someone to make a profit so they tend to invest in the long term in bitcoin in order to open the opportunity to produce maximum results in the future.Though many of the sudden challenges arise without the knowledge of the merchants.Especially in the exchange rates.

[oginiimaoyani]

People buying bitcoin at low price believe the promising future of bitcoin and they can make more profit when the price rises which I also believe

[IamL]

I am buying Bitcoin for Lambo

[kadutz25]

I think why people are still buying bitcoins? probably because it sees many opportunities in bitcoin by way of gold investment has been popular since the first but gold growth so at most 20% to 35% but in bitcoin we can get some benefit if we buy when bitcoin price is in low level and we sell it back when the price high and of course bitcoin development faster than gold and maybe that's why people are still buying bitcoin because of so much profit and growth so fast

[Apiapik]

Because they still believe that bitcoin can still rise again the price.
So they put great hopes on bitcoin, so that their lives can be fulfilled and can be styled like the rich.

[cryptokingdom]

People buying bitcoin at low price believe the promising future of bitcoin and they can make more profit when the price rises which I also believe

We need people with the type of faith like yours in this cryptoworld. With your type faith in bitcoin the cryptoworld will withstand the storm.

[9emb3lelit3]

Because the investment from Bitcoin is a means for us to save and also as capital for our future future in the future. I see for now that Bitcoin has grown tremendously and is becoming a trend for all societies seeking profits in investing. From this Bitcoin we will also see and will use a very well developed change in the era of digital technology, which will facilitate us in payment transactions and also we will get the best security from Bitcoin.

[simaislam]

 I think, people are still buying bitcoin bbecause they believe it.They can only follow the recent trend in which bitcoin is gaining in popularity. People believe that bitcoin will give them a big advantage over time. If this reason makes people buy bitcoin then people need to be vigilant because it's a speculative one. No one guarantees how much profit from bitcoin. But if someone buys bitcoin by first doing an analysis of the market price then I believe that it will most likely be profitable. Someone who has analyzed the market price must have prepared a strategy to play with other bitcoin players. This is an intelligence.

[hibiscus]

People are still buying bitcoin means they have developed the confidence towards bitcoin and its credible features.,It is decentralized one anonymity and its all transactions are recorded in an electronic ledger with the block chain technology. it is a new form of  economy which is found contrary to the current economical concepts which we are following at present its popularity began to wide spread world wide and more people are attracted to it for their daily requirements.

[weeklyeth]

Now bitcoin is at the lowest price and buying bitcoin at this price will definitely yield the profit for u buying at the dip is good action for bitcoin traders

[walemil]

Investing in bitcoin and other cryptocurrencies is risky in the sense that the market is volatile. Nobody can predict exactly what the price will be at any given time, therefore the price of Bitcoin can fall further or start mooning. But we should know that besides buying Bitcoin for financial gains, there are other uses. An example is fund transfer. So based on that, people will continue to invest in bitcoin.

[deepakg2m]

People are buying BITCOIN despite the fall of price because they trust it. They know that how much down BITCOIN may fall but it will recover it self for sure may be a little later and at the end they are only going to be profited.